Innovative building and construction materials, such as pollution-absorbing bricks, light-generating cement, photovoltaic paints, and self-healing concrete can make buildings more sustainable and durable. Manufacturers of these construction chemicals and advanced materials (CAMs) have the potential to fuel several construction trends, according to a report from Deloitte LLP.
Integration of BIM, 3D printing, drone, and augmented reality into the construction process will likely change the demand patterns for some key CAMs products. To enhance this trend, CAMs manufacturers should package their products and services together.
The drive for increased sustainability may lead to greater incorporation of CAMs with lower carbon footprints and less resource-intensity. Construction CAMs companies have the opportunity to collaborate with customers on sustainability, overall systems cost reduction, and reduced project delivery time.
Construction companies will look to stimulate prefabrication or modular construction as well as new product innovations like self-healing concrete and nanomaterials. These developments can help alleviate the construction industry’s skilled labor shortage and shave time off of project schedules.