The Building Materials and Fittings Industry
Urbanization and development continue to lead to surges in the construction sector, whether its commercial, housing or infrastructure. To give you a small example, India alone requires 250 billion bricks a year to meet its building requirements and this is expected to increase to 772 billion by 2030.
The building materials industry is an important supplier to the construction sector covers an immense array of ancillary industries- from cement to steel bars, paints and pipes to tiles and granite, bathroom and kitchen fittings to light fixtures, electrical wirings, sanitary ware, drainage, locks, glasswork woodwork – the list is almost limitless.
Additionally, sustainable ‘green’ buildings are also taking centre stage. These are urban projects that aim to reduce the impact on the environment and change the living habits of citizens to make them more responsible for their surroundings. The construction of buildings and other infrastructures using sustainable technologies and materials is key to this type of initiative.