The latest research study “3D Concrete Printing Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027” by IMARC Group, finds that the global 3D concrete printing market size reached US$ 635.2 Million in 2021. Looking forward, IMARC Group expects the market to reach US$ 29,506.50 Million by 2027, exhibiting at a CAGR of 82.20% during 2022-2027.
Three-dimensional (3D) concrete printing, also known as cementitious 3D construction printing (3DCP), is utilized for fabricating building and construction components such as walls, staircases, houses, wind turbines, wells, fireplaces, and a variety of other architectural features. It employs advanced 3D printing technology, computer-operated robots, developed machinery, and novel concrete mixtures to construct customized and complex shapes, structures, and designs. It provides several benefits, including reduced time and cost, higher quality, minimized material wastage, enhanced productivity, improved construction quality, and on-site assembly. Owing to these properties, 3D concrete printing is widely adopted in the residential, commercial, building, and construction industries across the globe.
3D Concrete Printing Market Trends and Drivers:
The market is primarily driven by the rising product adoption in the construction industry. This can be attributed to the various benefits of 3D concrete printing, such as greater design flexibility, accuracy and efficiency, improved construction speed, and minimized labor costs. In addition, the surging need for customized, cost-effective building solutions to produce building materials with minimal construction waste is contributing to market growth.
Moreover, there has been an escalating demand for affordable housing construction activities due to rapid urbanization, growing population, and rising disposable incomes, representing another major growth-inducing factor. Besides this, extensive investments by governments in infrastructure development projects are providing a positive thrust to market growth.
Along with this, the market is further propelled by the advancements in 3D printing technology and the introduction of innovative concrete mixes, including limecrete, shotcrete, high-density, ready-mix, and precast concrete. Furthermore, rapid industrialization and extensive research and development (R&D) activities conducted by key players are also creating a positive market outlook across the globe.
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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:
Competitive Landscape:
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:
- Walls
- Floors and Roofs
- Panels and Lintels
- Staircases
- Others
Breakup by Concrete Type:
- Ready-mix
- High-density
- Precast
- Shotcrete
- Others
Breakup by Printing Type:
- Gantry System
- Robotic Arm
Breakup by End Use:
- Residential Building
- Commercial Building
- Infrastructure
- Others
Breakup by Region:
- North America
- United States
- Canada
- Asia-Pacific
- China
- Japan
- India
- South Korea
- Australia
- Indonesia
- Others
- Europe
- Germany
- France
- United Kingdom
- Italy
- Spain
- Russia
- Others
- Latin America
- Brazil
- Mexico
- Others
- Middle East and Africa
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If you want latest primary and secondary data (2022-2027) with Cost Module, Business Strategy, Distribution Channel, etc. Click request free sample report, published report will be delivered to you in PDF format via email within 24 to 48 hours of receiving full payment.
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
If you need specific information that is not currently within the scope of the report, we can provide it to you as a part of the customization.
About Us:
IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.
IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.
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Article source: https://article-realm.com/article/Finance/34751-3D-Concrete-Printing-Market-Size-2022-Share-Growth-Outlook-2027.html
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