A very positive review of the current state of the modular construction industry and the future outlook for it was recently published in The Architect’s Newspaper. The article quotes the The National Real Estate Investor which showed that in the last five years the modular construction industry has doubled in size to over $8 billion. The increased productivity and lower overall design and construction costs were indicated as the most significant factors in the choice of using modular construction for commercial projects. The article also references the 2018 Commercial Construction Index economic indicator, a report jointly published by USG Corporation and the U.S. Chamber of Commerce that tracks trends in commercial construction. It showed that more than 70 percent of surveyed contractors see eight distinct benefits in using modular construction including increases in efficiency, productivity, safety, and quality, while reducing risk, costs, material waste, and construction times. The reduction in the overall project timeline also leads to an increase in the opportunity costs by allowing revenue-earning buildings to begin doing so faster than facilities built using other construction methods. The whole article can be viewed here.
The materials used in permanent modular construction are no different than site built structures. This includes critical features like roofing applications. For large or small parapet wall facilities with low slope roofs, Ramtech prefers to use and install TPO (Thermoplastic Polyolefin) roofing material because of its durability and flexibility. This type of roofing material will adapt to a building’s movement and setting while still remaining resistant to impact damage, tears, or punctures.
TPO roofs are resistant to dirt, algae buildup, and debris and will improve a building’s energy efficiency because of it’s substantial heat-reflective properties and the able to minimize the urban heat island effect. They’re also environmentally friendly with ability to be 100% recycled at the end of their lifespan. Ramtech applies the TPO material during the construction phase in our manufacturing plant, then seams the roof at the mate lines it the jobsite. This can be done quickly by nailing in both the plywood sheathing and DensDeck prime roof board before overlaying the TPO to complete the assembly.
Last month, McKinsey & Company published a comprehensive study of the growing impact of modular construction in the U.S and Europe. Titled, ‘Modular Construction: From projects to products‘, the study puts into focus what the commercial modular industry has long held to be the case. Namely, that modular can deliver projects 20% to 50% faster than site construction methods while also reducing project costs up to 20%. The report cites the technological improvements, economic demands, and the changing mind-sets that is drawing significant interest and investment which has the potential to vastly change the way projects are built today. The study goes on to show how a shift to modular construction could have a significant positive impact on global productivity by accelerating and compressing the project timeline while alleviating the impact of labor shortages in many areas.. The full report is available for download here.