India Construction Materials Market Worth USD 156.80 Million by 2033

The latest report by IMARC Group, "India Construction Materials Market Size, Share, Trends and Forecast by Material Type, End User, and Region, 2025-2033", provides a comprehensive analysis of the India construction materials market.

The study covers competitor and regional analysis, as well as a detailed breakdown of segments within the industry. The India construction materials market size reached USD 114.45 Million in 2024. Looking forward, IMARC Group projects the market to reach USD 156.80 Million by 2033, exhibiting a CAGR of 3.20% during 2025-2033.

Report Attribute and Key Statistics:

• Base Year: 2024
• Forecast Years: 2025-2033
• Historical Years: 2019-2024
• Market Size in 2024: USD 114.45 Million
• Market Forecast in 2033: USD 156.80 Million
• Market Growth Rate (CAGR): 3.20% (2025-2033)

India Construction Materials Market Overview:

Indian construction materials market is ready for steady growth based on increased urbanization, infrastructure growth, and expansion of real estate. The growing requirement for residential and commercial space has driven demand for cement, steel, aggregates, and bricks. Government initiatives like Smart Cities Mission and Pradhan Mantri Awas Yojana are also prime drivers. Moreover, the focus on green buildings and sustainable building materials is transforming the industry pattern. With technological integration, prefabrication techniques, and growing private investments, the industry is changing at a rapid pace. Consequently, the market is likely to grow at a CAGR of 3.20% between 2025 and 2033.

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India Construction Materials Market Trends and Drivers:

Among the most important trends in India's construction materials market is the utilization of green and sustainable building materials. With environmental consciousness increasing, there is increased utilization of fly ash bricks, recycled aggregates, and low-carbon cement. The push in this direction is coming from the Energy Conservation Building Code (ECBC) and tax credits on green buildings. Furthermore, demand for modular and prefabricated building materials is on the rise with reduced labor and quicker building timetables. Smart materials, such as self-healing concrete and thermochromic glass, are also in production. These innovations are building a more sustainable, more efficient building climate across the country.

India building material sector is driven by strong infrastructure expenditure and urban housing. Smart Cities Mission, Bharatmala, and Pradhan Mantri Awas Yojana government schemes keep the construction industry afloat. Increased population and improved disposable income have driven demand for residential and commercial space. The expansion of the manufacturing sector also calls for sturdy and economical materials. Besides, rising foreign direct investment (FDI) in infrastructure and real estate has boosted capital flow. Low-cost housing and rural development are drivers that help ensure stable consumption of staple products such as cement, steel, and concrete.

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India Construction Materials Market Segmentation:

IMARC Group provides an analysis of the key trends in each segment of the market, along with forecasts at the country level for 2025-2033. Our report has categorized the market based on material type and end user.

By Material Type:
• Aggregate
• Cement
• Bricks and Blocks
• Metals
• Others

By End User:
• Residential
• Infrastructure (Roads, Bridges, Waste Management)
• Commercial
• Industrial

By Region:
• North India
• West and Central India
• South India
• East and Northeast India

Competitive Landscape:

The market report provides detailed insights into the competitive structure and profiles of major players.

Key players include:

• UltraTech Cement Ltd.
• Ambuja Cements Ltd.
• ACC Ltd.
• Shree Cement Ltd.
• JSW Cement Ltd.
• Dalmia Bharat Ltd.
• India Cements Ltd.
• Ramco Cements Ltd.
• JK Cement Ltd.
• Birla Corporation Ltd.

India Construction Materials Market News:

• March 04, 2025: SIAM Cement BigBloc Construction Technologies Pvt Ltd, a joint venture between BigBloc Construction Ltd and SCG International Corporation Co., Ltd. of Thailand, has begun operations in India with the commercial production of its first plant in Kheda, Gujarat. The project, which includes India's first AAC Wall Plant, will cost approximately INR 65 Crore and have a capacity of 2.5 Lakh Cubic meters annually. Modern building materials should be introduced to Indian markets with this launch.

Note: If you need specific information that is not currently within the scope of the report, we can provide it to you as a part of the customization.

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About Us:

IMARC Group is a global management consulting firm that helps the world's most ambitious changemakers to create a lasting impact. The company provides a comprehensive suite of market entry and expansion services. IMARC offerings include thorough market assessment, feasibility studies, company incorporation assistance, factory setup support, regulatory approvals and licensing navigation, branding, marketing and sales strategies, competitive landscape and benchmarking analyses, pricing and cost research, and procurement research.

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