| Product Code: ETC12056526 | Publication Date: Apr 2025 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Sachin Kumar Rai | No. of Pages: 65 | No. of Figures: 34 | No. of Tables: 19 |
India`s building panels material import shipments in 2024 saw top exporting countries like China, Austria, Italy, Portugal, and UAE. The market exhibited a high Herfindahl-Hirschman Index (HHI) concentration. With a Compound Annual Growth Rate (CAGR) of 0.34% from 2020 to 2024, the industry showed steady growth. Particularly noteworthy is the growth rate spike from 2023 to 2024, reaching 7.48%. This indicates a promising trajectory for the market, pointing towards continued expansion and potential opportunities for both domestic and international players.

1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 India Building Panels Material Market Overview |
3.1 India Country Macro Economic Indicators |
3.2 India Building Panels Material Market Revenues & Volume, 2021 & 2031F |
3.3 India Building Panels Material Market - Industry Life Cycle |
3.4 India Building Panels Material Market - Porter's Five Forces |
3.5 India Building Panels Material Market Revenues & Volume Share, By Material Type, 2021 & 2031F |
3.6 India Building Panels Material Market Revenues & Volume Share, By Application, 2021 & 2031F |
3.7 India Building Panels Material Market Revenues & Volume Share, By End User, 2021 & 2031F |
4 India Building Panels Material Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Growing urbanization and industrialization in India leading to increased demand for construction activities. |
4.2.2 Government initiatives promoting sustainable building practices and energy-efficient materials. |
4.2.3 Technological advancements in building panel materials leading to innovative products and solutions. |
4.3 Market Restraints |
4.3.1 Fluctuating raw material prices impacting the overall production cost. |
4.3.2 Slowdown in the real estate sector affecting the demand for building panel materials. |
4.3.3 Lack of awareness and adoption of advanced building panel materials among consumers. |
5 India Building Panels Material Market Trends |
6 India Building Panels Material Market, By Types |
6.1 India Building Panels Material Market, By Material Type |
6.1.1 Overview and Analysis |
6.1.2 India Building Panels Material Market Revenues & Volume, By Material Type, 2021 - 2031F |
6.1.3 India Building Panels Material Market Revenues & Volume, By Concrete Panels, 2021 - 2031F |
6.1.4 India Building Panels Material Market Revenues & Volume, By Aluminum Composite Panels, 2021 - 2031F |
6.1.5 India Building Panels Material Market Revenues & Volume, By Polyurethane Panels, 2021 - 2031F |
6.1.6 India Building Panels Material Market Revenues & Volume, By Fiber Cement Panels, 2021 - 2031F |
6.2 India Building Panels Material Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 India Building Panels Material Market Revenues & Volume, By Structural Components, 2021 - 2031F |
6.2.3 India Building Panels Material Market Revenues & Volume, By Facade & Roofing, 2021 - 2031F |
6.2.4 India Building Panels Material Market Revenues & Volume, By Thermal & Acoustic Insulation, 2021 - 2031F |
6.2.5 India Building Panels Material Market Revenues & Volume, By Fire-Resistant Applications, 2021 - 2031F |
6.3 India Building Panels Material Market, By End User |
6.3.1 Overview and Analysis |
6.3.2 India Building Panels Material Market Revenues & Volume, By Commercial & Industrial, 2021 - 2031F |
6.3.3 India Building Panels Material Market Revenues & Volume, By Smart Infrastructure, 2021 - 2031F |
6.3.4 India Building Panels Material Market Revenues & Volume, By Sustainable Construction, 2021 - 2031F |
6.3.5 India Building Panels Material Market Revenues & Volume, By High-Rise Buildings, 2021 - 2031F |
7 India Building Panels Material Market Import-Export Trade Statistics |
7.1 India Building Panels Material Market Export to Major Countries |
7.2 India Building Panels Material Market Imports from Major Countries |
8 India Building Panels Material Market Key Performance Indicators |
8.1 Adoption rate of energy-efficient building panel materials in the construction industry. |
8.2 Number of government projects incorporating sustainable building practices. |
8.3 Investment in research and development for new building panel materials. |
8.4 Growth in demand for prefabricated building solutions incorporating panel materials. |
8.5 Number of green building certifications achieved by projects using environmentally friendly panel materials. |
9 India Building Panels Material Market - Opportunity Assessment |
9.1 India Building Panels Material Market Opportunity Assessment, By Material Type, 2021 & 2031F |
9.2 India Building Panels Material Market Opportunity Assessment, By Application, 2021 & 2031F |
9.3 India Building Panels Material Market Opportunity Assessment, By End User, 2021 & 2031F |
10 India Building Panels Material Market - Competitive Landscape |
10.1 India Building Panels Material Market Revenue Share, By Companies, 2024 |
10.2 India Building Panels Material Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |
Export potential enables firms to identify high-growth global markets with greater confidence by combining advanced trade intelligence with a structured quantitative methodology. The framework analyzes emerging demand trends and country-level import patterns while integrating macroeconomic and trade datasets such as GDP and population forecasts, bilateral import–export flows, tariff structures, elasticity differentials between developed and developing economies, geographic distance, and import demand projections. Using weighted trade values from 2020–2024 as the base period to project country-to-country export potential for 2030, these inputs are operationalized through calculated drivers such as gravity model parameters, tariff impact factors, and projected GDP per-capita growth. Through an analysis of hidden potentials, demand hotspots, and market conditions that are most favorable to success, this method enables firms to focus on target countries, maximize returns, and global expansion with data, backed by accuracy.
By factoring in the projected importer demand gap that is currently unmet and could be potential opportunity, it identifies the potential for the Exporter (Country) among 190 countries, against the general trade analysis, which identifies the biggest importer or exporter.
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