In the field of architecture and civil engineering, building construction involves several processes to add a structure to the property through various techniques. Usually, this task is managed by a construction manager and supervised by a design engineer or project architect. Every construction project requires a huge number of laborers, carpenters, and other skilled tradesman to complete the physical task of construction. The successful execution of a project requires proper design and execution, considering the environmental impact of the job.
Nowadays, the majority of building construction projects include small renovations such as the addition of a room or bathroom, kitchen modifications, etc. This rise in construction activities due to rapid urbanization and the increased disposable incomes among individuals are expected to drive the growth of the building construction market in the forthcoming years. According to Allied Market Research, the industry is predicted to rise at a CAGR of 7.4% from 2022 to 2031.
Notable tech innovations transforming the construction industry
In the past few years, leading construction businesses have adopted modern technologies to create new materials and develop cutting-edge machinery. These significant developments have brought revolution in the sector and changed the way buildings are planned, built, and maintained. Among new construction technologies, virtual and augmented reality have evolved as a great innovation, offering increased visualizations of constructing buildings. AR and VR allow builders to conceptualize how building plans would appear and function in actual situations. By getting real-time feedback and instructions from these technologies, builders are capable of guiding workers during construction work.
On the other hand, many construction companies have started adopting blockchain technology for better cost management and efficient procurement strategies. It provides a linked collection of data that makes up a digital ledger, with records of all transactions and completed millstones. The technology also offers access to distinct transactions in a project and automatically balances itself. Moreover, blockchain platforms are safe, decentralized, and can be adaptable to projects of any size.
Furthermore, building information modeling has emerged as a new technology in this field. This digital technology allows builders, architects, and engineers to work together in a single building model. This technology provides more accuracy and efficiency in the building process by offering a complete picture of the whole construction process including design, construction, and maintenance.
Similarly, advanced drones are also employed in the building industry for various tasks such as site inspection, monitoring, and surveying. They help to survey large regions rapidly and effectively by yielding precise measurements and data that are profitable for designing and building processes. In addition,
The rise of innovative materials has also transformed the field significantly. These materials can alter their characteristics with changing environmental factors such as pressure, temperature, and humidity. They allow modern buildings to adjust to emerging atmospheric conditions and operate more effectively. For instance, bright windows enable individuals to cut down the demand for heating and cooling.
Nonetheless, as 3D printing is a relatively new technology, it has revolutionized the construction industry with greater feasibility. It helps create intricate structures and shapes that are next to impossible through traditional construction methods. It prints structures out of various materials such as concrete, significantly reducing construction costs and time.
Key initiatives of Walplast Products and Navrattan Group to offer sustainable building materials
In July 2024, Walplast Products, a leading provider of building materials, announced the launch of its new campaign for the retail brand HomeSecure. This campaign has helped the retail company to expand its portfolio by offering a comprehensive range of construction materials and solutions. These building products include HomeSure Wall Putty, HomeSure TileEx, HomeSure WallEx, gypsum-based products such as HomeSure GypEx, and emulsions, distempers, and primers such as HomeSure MasterTouch.
The campaign focuses on the establishment of diverse HomeSure construction products that are sustainable, technologically advanced, and of top quality. With detailed research and development, the experts of the retail brand have developed these products that have the potential to cater to the evolving needs of builders, architects, contractors, masons, painters, engineers, and homeowners.
Similarly, in April 2024, Navrattan Group, a renowned construction company introduced its new product, namely βGreen Cementβ to the market. With this launch, the company aims to address the growing demand for sustainable building materials without compromising the performance and durability of buildings. This eco-friendly cement is an alternative to regular Portland cement. It is designed to reduce carbon emissions and environmental impact associated with concrete production.
Profitable acquisitions made by Owens Corning and Kodiak to advance building materials production
In February 2024, Owens Corning, a well-established leader in global building and construction materials announced its acquisition of Masonite International Corporation, a leading provider of interior and exterior doors and door systems. Under this agreement, Masonite aims to strengthen its position in residential building materials and extend its offering of highly valued products and brands by utilizing Owens Corningβs unique commercial capabilities. With this move, the company plans to boost its track record of innovation, brand quality, and category excellence in the doors market.
Similarly, in May 2024, Kodiak Building Partners, a popular building material distributor joined forces with Valley Lumber & Rental, a renowned hardware and building supplies distributor. With this acquisition, the companies envisioned enhancing their services and offerings to meet the emerging needs of global industries.
Final words
The building construction industry is rapidly evolving with the continuous integration of modern technologies and the adoption of sustainable practices. Moreover, the increased investments made by governments for the improvement of various residential and construction buildings are expected to create new avenues in the landscape in the coming years.
β **π¨ππππππ ππππππ: Rosy Behera
Authorβs Bio:
Although belonging to an engineering stream, Rosy had a knack for writing throughout her student life. Her keen interest in creative compositions drove her to take up content writing professionally after graduation. For the last few years, she has been delivering impactful content, engaging and delighting readers, along with grabbing their attention.
