According to the latest report, the global 3D concrete printing market reached a value of US$ 635.2 Million in 2021. It is projected to reach US$ 29,506.50 Million by 2027, exhibiting at a CAGR of 82.20% during 2022-2027.
3D concrete printing, or cementitious 3D construction printing (3DCP), represents a form of additive manufacturing used to fabricate buildings and construction components. It generally involves depositing layers of 3D printed concrete on the previously pumped layers via the nozzle of the printing equipment until the desired structure is formed.
3D concrete printing utilizes state-of-the-art 3D printing technology, advanced machinery, and novel concrete mixtures to create complex designs and shapes. It assists in streamlining the entire process, reducing overall costs, minimizing material wastage, enhancing productivity, etc. Consequently,3D concrete printing is gaining extensive traction across the construction industry.
Global 3D Concrete Printing Industry Trends and Drivers:
The escalating demand for customized and cost-effective formwork solutions to produce building materials with minimal construction waste is primarily driving the 3D concrete printing market. Additionally, the rising investments in infrastructure development projects, owing to the growing number of national and international events, are further catalyzing the market growth.
Besides this, the increasing consumer inclination towards 3D concrete printing that aids in prototyping, designing, and producing lightweight construction components, including lintels, staircases, roofs, walls, etc., with strong structural integrity, is acting as another significant growth-inducing factor.
Moreover, the inflating need for affordable housing is also augmenting the global market. Apart from this, numerous leading manufacturers are focusing on introducing and commercializing innovative concrete mixes, such as limecrete, shotcrete, high-density, precast, etc., which, in turn, is anticipated to fuel the 3D concrete printing market over the forecasted period.
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Note: We are regularly tracking the direct effect of COVID-19 on the market, along with the indirect influence of associated industries. These observations will be integrated into the report.
Global 3D Concrete Printing Market 2022-2027 Analysis and Segmentation:
The competitive landscape of the market has been studied in the report with the detailed profiles of the key players operating in the market.
Apis Cor, COBOD International A/S, CyBe Construction B.V., DUS Architects, Foster + Partners, Heidelbergcement AG, Holcim Ltd, Sika AG, Skanska AB, Universe Architecture, XtreeE and Yingchuang Building Technique Co. Ltd.
The report has segmented the market on the basis of region, product type, concrete type, printing type and end use.
Breakup by Product Type:
- Floors and Roofs
- Panels and Lintels
Breakup by Concrete Type:
Breakup by Printing Type:
- Gantry System
- Robotic Arm
Breakup by End Use:
- Residential Building
- Commercial Building
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Key highlights of the report:
- Market Performance (2016-2021)
- Market Outlook (2022- 2027)
- Porter’s Five Forces Analysis
- Market Drivers and Success Factors
- SWOT Analysis
- Value Chain
- Comprehensive Mapping of the Competitive Landscape
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