India Jointing Compound Market Projections Show Impressive CAGR for 2017-2027
Boom in urban housing projects and rising need for renovation to drive India jointing compound market through 2027F. According to TechSci Research report, “ India Jointing Compound Market By Product Type (Single, Multi), By Application (Residential, Commercial, Industrial), By Type (Taping, Topping, All Purpose, LITE Drying, Setting), By Region, Competition Forecast & Opportunities, 2017-2027 ” , India jointing compound market was valued at INR122.61 crore in 2021 and is projected to grow at a CAGR of 5.76% to reach INR170.15 crore by 2027. The growth in the India jointing compound market can be ascribed to aging building structures and expansion of metro rail projects. Jointing compounds are used for final touch up to prevent damping and cracks, hence, are increasingly being used in metro station construction. Besides, expansion of Indian metro in various cities is expected to push the growth of the market through 2027. With the Indian government's primary priority bein...