Visiongain Publishes 3D Concrete Printing Market Report 2021-2031
16 December 2020
Visiongain has launched a new report 3D Concrete Printing Report 2021-2031 : Forecasts by Concrete Type (Ready-Mix, Shotcrete, Precast, High-Density, Light-Weight, Limecrete, Stamped Concrete), by Product (Walls, Roofs, Floors, Staircase, Paving Slabs, Panels & Lintels), by Technique (Extrusion-Based, Powder-Based Technique) and by End-User (Residential, Commercial, Infrastructural, Architectural), Plus Profiles of Leading Companies and Regional Market Analysis.
Visiongain anticipates the global 3D concrete printing market is estimated to grow from US$ xx million in 2020 and is expected to reach US$ xx million by 2031, growing at a CAGR of xx% between 2021 and 2031. The extensive growth of the global 3D concrete printing market is due to its increased demand for new residential and commercial constructions.
“3D concrete printing market is driven by increasing investments in infrastructure due to rapid urbanisation and industrialisation and increasing demand for residential houses. Moreover, increasing technological advancement in the construction industry is also expected to drive the 3D concrete printing market”.
The technology holds the promise that the construction industry will be substantially optimised in terms of construction costs, error reduction, time, design flexibility, and environmental impact. Past experiments have successfully recognised the expertise of the technology on all these fronts, and the technology is being continuously adopted globally.
The field of 3D concrete printing is receiving increased focus from construction companies across the globe. These companies mainly focus on experimenting with different concrete mixes and printing machines to bring about further developments in this construction technique.
With the construction company’s ongoing efforts to bring 3D concrete printing into mainstream construction, it is projected that the global 3D concrete printing market will gain significant momentum in the coming years. The report provides a 360-degree market overview, covering key market-related details on the market's key elements and segments. The report examines the impact of major growth drivers, challenges, and trends on the future growth prospects of the market, highlighting the most lucrative and unprofitable areas of investment. The growing number of manufacturers of 3D printers focusing on this market would therefore eventually lead to significant growth shortly.
The Visiongain report analyst commented "3D Concrete Printing market is expected to witness high growth on account of ongoing plans of many companies in various sectors toward construction cost-cutting and reduction in their carbon footprint. It is commendable the rate at which construction firms, researchers, and technologists come together to develop concrete 3D printing techniques. There are already a variety of concrete mixes on the market, such as shotcrete, ready-mix concrete, limecrete, precast and stamped concrete, and high-density concrete, and many more effective mixes are being introduced at a steady pace. Building firms are increasingly using the technique to formulate building elements such as panels, lintels, roofs, floors, walls, and floor slabs. It is expected that the market will receive a healthy boost shortly from developing regions such as the Asia Pacific and some parts of Latin America. The construction sector in these regions is expected to result in increased demand for cost-effective construction elements manufactured using 3D concrete printing techniques to complement the various new infrastructure development and construction projects. However, the market for 3D Concrete Printing is being restrained by factors such as the low efficiency of 3D printing technology, which results in their cost efficiency not being competitive."
As of 2020, the leading 3D concrete printing industry is fragmented with the presence of many established international and domestic manufacturers. Some of the major players analyzed in the report are Apis Cor, Balfour Beatty Plc, BetAbram (Interelab), CyBe Construction BV, Foster + Partners Limited, HeidelbergCement AG, Kier Group Plc, Kohn Pedersen Fox Associates PC, Sika AG, XtreeE SAS, and Yingchuang Building Technique (Shanghai) Co., Ltd. (Winsun).
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