3D Concrete Printing Market Information Report, by Concrete Type (Ready Mix Concrete, Precast Concrete, Shotcrete and High Density Concrete), by Application (Residential, Industrial, Agricultural and others), by End-Use (Walls, Roofs, Floor, Staircase and Others) and by Region - Global Forecast to 2030

3D Concrete Printing Market Overview

The 3D concrete printing market share is likely to expand during the ongoing forecast period of 2021-2028. The business chiefs and experts have predicted that the market is likely to reach a market sum of USD 69.9 Million during the forecast period and is likely to attain a global CAGR of 14.05% amid the market operations during the forecast period.

Urbanization is top-notch in both the developed and developing countries which are giving rise to residential construction. There is a bloom in the day-by-day demand for construction activities and further, the global expansion being led in the developing region is fostering the market to record excellent growth during the forecast period that will be ending in 2028.

COVID 19 Analysis

The pandemic has emerged as a trend and game-changer for the 3D concrete printing market. The trends have been such that people are preferring to sit at their places and further, they are altering their life decisions followed by their life conduct and marketing choices. The pandemic has introduced new trends that are pushing people to make alterations to their choices and lifestyle accordingly. It has been a tough time for people globally that is pushing them to have a basic understanding of the contingencies that lay ahead of them, as a part of the forecast period followed by the trends that are required to keep the medical professionals on their toes and thus, help in bringing down the positivity rate of the infection. The market has hit a low which has resulted in losses and the inability of the market players to meet the needs of people or make judicious use of the raw material and resources that are available to the producers and manufacturers in the market premises.

Hence, the 3D concrete printing market players are laying their focus on the increase in funds and investments that will put the market players in a position to enhance the product portfolio for the betterment of the audience’s needs and requirements.  

Competitive Landscape

The market report helps in understanding the factors and market scenario that is likely to give birth in the global market functioning. The 3D concrete printing market value is expected to rise during the ongoing forecast period of 2021-2028 is because of the efforts that have been employed by the prominent market players in the global market premises that are mentioned as follows:

• Winsun (China)


• Sika (Switzerland)


• XtreeE (France)


• CSP s.r.l. (Italy)


• CyBe Construction (Netherlands)


• Monolite UK (UK)


• Apis Cor (Russia)

Market Dynamics

Drivers

The 3D concrete printing market share is likely to grow owing to the rapid expansion of the market at a reliable CAGR rate during the forecast period ending in 2028. Studies suggest that the market has been witnessing an increased degree of demand for both customized and money-efficient constructions that will motivate the producers to carry out larger and elaborated functions to meet the diversification and rising needs. Also, the market is witnessing an increase in the funds and investment for the development of the strong infrastructure that will benefit the market to grow and cover the losses of the pandemic period.

Restraints

However, the 3D concrete printing market is witnessing a prominent need for skilled labor and constant capital investment for 3D printing. The timely unavailability and issues like the pandemic are creating a halt and further, hampering the market from growing in the global scenario during the forecast period that will be ending in 2028.

Technology Analysis

The rising degree of investment to use the best technological angle and degree is helping the degree of rapid urbanization and industrialization which is well completing the need of residential construction. This has an excellent role to play for the 3D concrete printing market growth in the period that will be ending in 2028.

Study Objectives

• The 3D concrete printing market report has been prepared to study the prospects that are rising in the global market premises to cater to the rising needs of the target audience post the pandemic. The market report helps to understand the basis of the market functioning and the basis on which industry experts have laid down the growth figures and the attainable CAGR growth during the forecast period of 2021-2028.


• The report helps in having an idea about the basis of the global market segments. The segments, their functions, and the revenue recorded by them during the forecast period are imperative to meet the rising needs of the target audience in various forms that are spread in various global locations.


• The market report insists on studying the rising degree of competition in the global market premises owing to the efforts that have been pooled by the propelling companies that are a part of various companies across the world during the forecast period that will be ending in 2028.

Market Segmentation

Segment Overview

The 3D concrete printing market growth can be attributed to the fulfilling production conducted by the market segments followed by their rising ability to meet the varied needs of the target audience. The global market has been segmented based on the following segment heads:

By Offering:

The 3D concrete printing market has been segmented based on offering and includes printing services, and the materials used to carry the manufacturing and production processes.

By Technique:

The 3D concrete printing market has been segmented based on the technique and includes extrusion-based, and powder-based techniques.

By End-use Sector:

The 3D concrete printing market has been segmented on the end-use and includes building, infrastructure, amongst others.

By Region:

The global market is functional in major geographical regions like the Americas, Europe, and others like the Asia Pacific region, and the Middle East, and Africa.

Regional Analysis

The North American region was accounted for the largest market share of 35.63% during the historic forecast period that had ended in 2018. In this period, the region gained popularity with a market value of USD 10.0 million and is projected to grow at a CAGR of 14.20% during the forecast period ending in 2028. There has been a growing consumer preference for green buildings and sustained investments in commercial real estate that are emerging as the major market factors driving the growth of the market in the North American region.  

Recent Developments

• CyBe Construction is one of the most prominent Dutch companies. It is reported to have finished the 3D printing in the “R&Drone Laboratory”. This is understood to be a drone research laboratory based in Dubai. The building is known as the first laboratory in the world to be 3D printed on-site in the global premises. The laboratory will conduct test researches on drones and 3D printing technologies, and will further, be based at the Solar Park as a part of its Research and Development (R&D) Centre.


• The Asian-Pacific region is expected to emerge as the fastest-growing region for the 3D concrete printing market during the forecast period that will be ending in 2028. There has been a substantial increase in industrialization, rising urbanized population, and noticeable growth in spending capacity are the reliable factors driving the growth of the market in the Asia-Pacific region during the period. It had accounted for a market value of USD 6.0 million in 2016 and is projected to grow at a CAGR of 14.51%.


• There is a shift in the population in the urbanized areas. This is more prominent in nations. This transition pushes for increasing demand for homes and residential complexes. The segment is expected to gain a global CAGR of 15.35%.


• There has been a gradual shift in the population belonging to the urbanized areas, especially in the developing nations. This transition has led to the increasing demand for homes and residential complexes at various places. This induces the global market for 3D concrete printing in the upcoming time. The market segments are expected to grow at 15.35% CAGR during the current forecast period. Industrial was the second-largest market to be valued in 2016, attaining a global sum of USD 8.7 million. It is expected to attain a global CAGR of 13.43%.

Intended Audience

• Raw material dealers and suppliers


• 3D concrete printer wholesalers and manufacturers


• 3D concrete printing service dealers and providers


• End-users of concrete printing substances


• Market Associations


• Industry groups and bodies


• Government, public sector, and regulatory bodies

Report Overview

The 3D concrete printing market report has been prepared to help the market investors have a fair understanding of the market trends that will influence their decisions during the forecast period ending in 2028. The report helps in understanding the steps that have been taken to minimize the effect of the pandemic on the market operations followed by the substantial growth predicted for the market in the global premises.