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Global 3D Concrete Printing Market to Grow at a CAGR of 97.6% During 2021-2026, Aided by the Rapid Urbanisation and Industrialisation

According to a new report by EMR titled, ‘Global 3D Concrete Printing Market Report and Forecast 2021-2026’, the market attained a value of around USD 613 million in 2020. It is expected to witness a healthy growth in the forecast period, growing at a CAGR of 97.6% between 2021 and 2026 to reach USD 36,465 million by 2026.

The heightened urbanisation and industrialisation are driving the global 3D concrete printing industry. The rapidly increasing population worldwide and the consequential requirement for residential, commercial, and industrial infrastructure are supporting the market growth. Moreover, in terms of technique, extrusion-based 3D concrete printing is witnessing an increased usage in the process of prototyping, production, and modelling. It is used for on-site applications through the usage of conventional construction materials such as geopolymer, cement, and clay, among others. Furthermore, the growing emphasis on the visual appeal of buildings is also a major factor contributing to the market growth.

There has been an increased demand for 3D modelling software in the manufacturing of efficient 3D concrete design in the construction industry. This is compelling the leading market players to invest in 3D mapping and modelling solutions, which is expected to bolster the market growth in the forecast period. In a press release issued by Trimble (NASDAQ: TRMB), dated November 2020, the company introduced PreDesign, a new service in its SketchUp tool, which allows designers and architects to test design proposals in 3D sketches, providing them the tool to understand the impact of climate and surrounding environment on the overall construction design. Such developments are expected to positively impact the growth of the 3D concrete printing industry in the forecast period.

Market Breakup by Printing Type, Technique, End Use, and Region:

  • The market is divided based on printing type into gantry system and robotic arm.
  • Based on technique, the market can be categorised into extrusion-based and powder-based.
  • On the basis of end use, the industry can be segmented into residential, commercial and infrastructure.
  • Region-wise, the global market for 3D concrete printing can be divided into North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa.

Key Findings of the Report:

  • The global market for 3D concrete printing is being driven by the increased urbanisation and industrialisation.
  • The growing demands for commercial and industrial public infrastructure with the rapid expansion of the construction and manufacturing industries have significantly contributed to the market expansion.
  • The rising global population, which is fuelling the demand for residential infrastructure, is also aiding the industry growth.
  • The rising innovations and the advancements in the 3D concrete printing technology are expected to further propel the market growth.

Key Offerings of the Report:

  • The EMR report gives an overview of the global market for 3D concrete printing for the periods (2016-2020) and (2021-2026). 
  • The report also offers historical (2016-2020) and forecast (2021-2026) market information for the printing types, techniques, end uses, and regions of 3D concrete printing.
  • The report analyses the market dynamics, covering the key demand and price indicators in the market, along with providing an assessment of the SWOT and Porter’s Five Forces models.

The major players in the global 3D concrete printing market are CyBe Construction B.V., Holcim Ltd., HeidelbergCement AG, Sika AG, Skanska AB, YingChuang Building Techniques Co. Ltd., and others. The comprehensive report by EMR looks into the market share, capacity, and latest developments like mergers and acquisitions, plant turnarounds, and capacity expansions of the major players.

About Us:

Expert Market Research (EMR) is a leading market research and business intelligence company, ensuring its clients remain at the vanguard of their industries by providing them with exhaustive and actionable market data through its syndicated and custom market reports, covering over 15 major industry domains. The company's expansive and ever-growing database of reports, which are constantly updated, includes reports from industry verticals like chemicals and materials, food and beverages, energy and mining, technology and media, consumer goods, pharmaceuticals, agriculture, and packaging.

EMR leverages its state-of-the-art technological and analytical tools, along with the expertise of its highly skilled team of over 100 analysts and more than 3000 consultants, to help its clients, ranging from Fortune 1000 companies to small and medium sized enterprises, easily grasp the expansive industry data and help them in formulating market and business strategies, which ensure that they remain ahead of the curve.

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*We at Expert Market Research always thrive to give you the latest information. The numbers in the article are only indicative and may be different from the actual report.

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