Dominant Trend in Construction Industry 2021

In 2020, Covid-19 Pandemic caused an unprecedented disruption to the Construction Industry. In order to adapt to the current social circumstances, the Construction Industry is forced to seek new directions in collision with the spirit of improving the effectiveness in the Pandemic prevention and continuing its development and growth.

In the context of the Pandemic Outbreak, the government was forced to repeatedly issue temporary closure of many types of services and businesses to minimize the infected cases, most of the construction activities still have to continue implementing the projects due to its specificity and urgency.  In order to adapt to the new norm during the Pandemic, related approaches such as planning, strategy, trading and construction exchange are also actively transformed for keeping up with the social trends in this time.
 


 

In this following analysis report, based on our humble knowledge about this sector and market analysis, we would like to offer certain noticeable comments on the construction trend in 2021 as follows:
 

1. Construction Materials

 

As we all know, the real estate industry and the building materials industry share a bonding relationship. This means the growth of real estate sector will ensure the fruitful sales report of the latter.
 

In 2020, a remarkable decline in consumption volume and selling price was recorded within the construction materials industry due to the hefty impact caused by the Pandemic. However, certain products such as construction steel, galvanized steel ... have shown signs of recovery from the second half of 2020.
 

According to the experts, in 2021, real estate market for housing gives positive signals. This is a good sign for the construction materials industry indicating its recovery and regrowth after an upheaval year.
 

This year, the construction materials industry may have great motivation driven by great demand. One of the reasons is the approval of many public projects since the end of 2020. These official decisions will be implemented within 2021. In addition to that, in order to overcome the flood incidents in the central region and landslides in the mountainous areas in recent times, it is essential to utilize a huge amount of materials to meet the construction and repair of infrastructure demand. This is also seen as a boost for the construction materials market in 2021.
 


The steel & galvanized steel industry is forecasted to grow in 2021

 

As a company specializing in the production and distribution of corrugated iron, Viet Phap Steel Company also sets a business plan in 2021 with a larger consumption output than in 2020. According to Viet Phap's assessment, in addition to setting growth targets In business, construction materials enterprises should also make efforts to launch new products, invest in sales technology, and pay special attention to sustainable development, with environmental concerns at heart.
 

At Viet Phap Steel factory, we promptly equip our facilities with a cutting-edge, closed-production technological system ranging from exploiting, producing, distributing, completing natural stone products in Vietnam. We push forward promoting research in production to reduce carbon dioxide and dust emissions, save non-renewable resources; At the same time, reducing heat and electricity consumption, improving business efficiency. We recognize this trend as a global movement with a strong continuous growth to minimize the impacts of pollution of construction materials to the environment in the future.
 

All construction materials products are still manufacturing stably. Although productivity and output decreased compared to the same period last year, most of them show positive growth. The Steel Sheet Industry, in general, and Viet Phap Steel, in particular, are trying to promote production and business, maintain the spirit of production, improve quality, and launch many new products with high applicability and reasonable price quotes, in order to support and promote socioeconomic growth by 2021.
 

2. Priority in Building Models in 2021
 

Along with finding new directions for the building materials industry to both increase productivity to meet demand and ensure environmental friendliness, experts in construction models also consider the saving elements for customers in the context when the domestic and world economy is slowing down or growing but at a low level.
 

One of the leading trends in this direction is the popularization and introduction of the Prefabricated house models to customers. Prefabricated houses, or prefabricated steel buildings, are made-of-steel facilities and are fabricated and installed based on designated architectural and technical drawings.
 

One of the forefronts in this direction is the popularization and introduction of the Prefabricated house models to customers. Prefabricated houses, or prefabricated steel buildings, are made-of-steel facilities which are constructed and installed based on designated architectural and technical drawings. By using this prefabricated house model, project costs will be lowered, as well as it can reduce waste, ensure more efficient use of materials, halve production time and eliminate delays caused by weather. his technology keeps the entire construction process in a predicting foresight and in a controlled environment - this is the two key factors affecting the project implementation. The application of prefabricated housing will also help in the event of a shortage of skilled labors. The current context will make this method become a new trend that will be widely used in the near future.
 


A model of prefabricated house with steel frame

 

In addition to the prefabricated house models, the construction experts also encourage customers to choose the models of the modular bathrooms which are also pre-fabricated in the factories, designed and assembled in collision of the specifications from various different projects. It will ensure a completion in equipping the appliances, materials, technical devices, mechanism, electric appliances and mechanism, electrical wiring and other types of pipelines so that customers can comfort themselves in this model as they do in the traditional bathroom.
 

Other items of a housing project, such as inner walls, do not use traditional plastering or cement method, instead, plasterboards, dry walls, wooden walls to separate rooms will take their tolls in order to ensure fire resistance and sound insulation. When placed in a humid area, this type of wall eliminates the waiting process for the concrete to harden and plaster, thereby minimizing the required construction manpower.
 

The facade of the building also limits the use of a concrete roof or concrete fence gate that may consume the building materials, increase mass load and related impacts. The construction experts will take advantage of climate proof facades, portable sunshades and solar panels to maintain environmental conditions instead.
 

3. Digitization in Construction Industry towards the Social Movements
 

In 2020, digitization is mentioned repeatedly and widely by the Press. Definition varies, however, a simpler explanation can be understood about digitization as the use of digital technologies to change business models, creating opportunities, sales and new value
 

The trend of digitization is becoming a strategy for businesses and organizations in the fourth industrial revolution. Nearly 90% of businesses have started this process, beginning with initial steps from learning, researching, to implementing trials. More than 30% of surveyed business leaders  consider digitization as a vital issue linked tightly to the survival of their businesses. They confirm the efficiency in many aspects such as customer insights, boosting productivity, accelerating creativity ... and the construction industry. is no exception. To accommodate this rapid development of  the society and technology, by 2021, the Construction industry will also plan to apply technological advancements to support its activities.
 

The adoption of Artificial Intelligence (A.I.) by experts in 2021 is an example of the applying digitization in the construction industry. It can thoroughly detect inconsistencies, delays, and changes that may occur during construction process. In the time of economy safety,risks prevention and reduction, and wastes, A.I. can help to collect input data in a centralized and consistent manner: building design, project risk, spending excess fees, lack of labor, and construction safety.
 


Application of digital conversion for construction industry in 2021

 

In addition, the construction industry has been widely deployed 3D scanner technology, an lab-born sophisticated product to serve the construction process. The 3D scanner is capable of accurately capturing and collecting data of any building structure, which can then be used to review and analyze the building. It can also be used effectively in monitoring the actual construction progress of a building, due to its ability of creating a virtual model that scans through the constructed architects. This technology can be applied in visual inspection, identifying errors, dimensional accuracy… remotely.
 

Equipment such as drones for land surveying, infrastructure improvement, security, site inspection, progress check and maintenance are also being applied, both for safe and economical purposes, in term of human power, and ensuring highly productive outcomes.
 

Thus, it can be said, it seems that the construction industry is a specific industry that uses a lot of human power, but with human intelligence, we admit that there have been many changes when applying digital transformation studies, modern science and technology to cut off the redundant in using human workforce, and also increasing the construction efficiency. Hopefully, this development will not stop at only 2021 but also reach out for many years to come.
 

4. Criteria for application following the spirit of Anti-Pandemic in 2021

 

Even though the pandemic Covid-19 caused us a chaos in many aspects, one positive result is that it increases hygiene standards at construction sites. Social distancing, frequent hand washing, keeping hygiene, and better restroom equipment will bring improvements in health and safety policies for greater respond against the pandemic outbreak in the future.

 


 

Other articles

Galvanized Steel vs Stainless Steel

Galvanized steel and stainless steel look very similar, but differ in cost, composition and weight. Galvanized vs stainless steel corrosion resistance ...

Circulating water plant system of Viet Phap Steel Company

As one of the earliest invested and most modern color coated corrugated iron factories in Viet Nam, Viet Phap Steel plays ...

Is galvanized sheet rust fast?

If rust is a concern either use a metal that doesn’t corrode, or coat one that does. Metals that don’t rust ...

Viet Phap Steel Factory from the Inside

As one of the most prestigious and prominent domestic suppliers in the corrugated iron and steel market, Viet Phap Steel must ...

Why use galvanized steel in construction?

Steel is the most versatile material used in commercial and industrial construction projects. With distinctive metal architectures that go into its ...

Steel and Corrugated Iron industry Prospects

2020 marked an unforgettable milestone in the world history when causing a massive impact on all sectors due to the COVID-19 ...

Notes on Roofing Calculation with Corrugated Iron for Factories

Normal factories are usually roofed with corrugated iron rather than a proper concrete flat roof due to the nature of the ...

What needs to be prepared when building a shelter?

We believe that the most important step in the construction of a factory is determining concept and basicplan. Analyzing the current ...

Hot news

VN encounters increasing trade defence lawsuits as exports expand

VN encounters increasing trade defence lawsuits as exports expand

HÀ NỘI — Việt Nam is facing an increasing risk of trade defence lawsuits as exports expand after the country's active international integration and participation in free trade agreements (FTAs).
Steel industry expects consumption recovery by year-end

Steel industry expects consumption recovery by year-end

The implementation of many large projects after the social distancing period and disbursement of public investment for infrastructure until the end of this year are expected to support growth in construction steel consumption, according to Rong Viet Securities (VDSC).
Philippines urged to exclude Vietnam from steel probes

Philippines urged to exclude Vietnam from steel probes

The Trade Remedies Authority of Vietnam under the Ministry of Industry and Trade has sent a consultation letter to the Philippines’ Department of Trade and Industry asking it to exclude Vietnam from three safeguard investigations on some steel products.