Future-Proofing Construction

The ongoing building and construction materials market is currently witnessing an exponential growth, which is the result of multiple causes, which are, among others, urbanization, population growth, infrastructure development and technological advancement. In the course of urbanization and the present technological development, there has been a constant increase in the demand for residential, business, and industrial property, which in turn, causes an explosion in building activities. This is a wide-spreading trend in the case of emerging economies which are experiencing a rapid urbanization and industrialization. The current industry is heavily influenced by startups and as a result, they are the leading actors in introducing fresh ideas, higher productivity and sustainability in the construction and building materials sector. Such entrepreneurial firms are utilizing the latest tech, data analytics and new materials to overhaul the older methods of construction, in order to address the emerging challenges.

In addition to sustainable building materials, startups are also dealing with environmental impact by introducing innovative solutions. Environmental sustainability is the current focus of the world, which is creating a huge market demand for green options as opposed to traditional construction materials like concrete and steel. New startups are showing great potential in the area of new material development like bamboo, recycled plastic, and engineered wood products which have comparable performance but little environmental impact. All these sustainable solutions not only help to cut down on carbon emissions and waste production but also support the effectiveness of energy systems and resource conservation. On top of that, startups are leaning on the latest digital technologies to up the ante on efficiency and productivity within the entire construction cycle.

In this issue, we acquaint you with the top startups in this field. After studying the industry landscape in-depth, Industry Outlook has zeroed in on the top ones that have excelled with their meticulous approach. Having proven their dedication in order to meet the customer’s expectations in an end-to-end manner, they have stood out from the crowd.

We look forward to receiving your feedback and suggestions.