3D Concrete Printing Market Growth Analysis | 2022-2028

Market Insights

The 3D concrete printing market was estimated at USD 23.98 million in 2021 and is likely to grow at a CAGR of 133.15% during 2022-2028 to reach USD 7698.94 million in 2028.

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Market Dynamics

Introduction

3D concrete printing is used to manufacture building or construction components in completely new shapes, which is not possible in earlier conventional concrete formwork. It offers benefits such as manufacturing new customized and complex structures, digitalizing the process in order to streamline construction and minimize material waste, increased productivity, time savings, and lower construction costs.

Market Drivers

The major factors driving the growth of the 3D concrete printing market are:

• The technology’s capability to develop complex building geometries with more precision and safety without generating waste and at an affordable rate.
• The cost-effectiveness and time-saving characteristics are also increasing the adoption of it in the building and infrastructure sectors.
• It is still not possible to create fully functional houses and is used to build frames and walls of houses.
• It can build bridges, benches, and outdoor decorations.

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Key Players

Some of the major players in the market are:

• Apis Cor
• Beijing Huashang Luhai Technology Co. Ltd.
• Betabram
• CSP s.r.l.
• Cybe Construction B.V.
• Imprimere AG
• Monolite UK Ltd.
• Sika AG
• XtreeE
• Yingchuang Building Technique (Winsun)

Note: The above list does not necessarily include all the top players in the market.

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Segment Analysis

By Technique Type

The 3D concrete printing market is segmented as extrusion-based and powder-based. Extrusion-based Technique dominated the market in 2021 and is expected to remain dominant during the forecast period. This segment is driving the market due to its capability to produce complex building structures at a larger scale. It has also the ability to produce structures with conventional construction materials.

By End-Use Industry Type

The market is segmented as building and infrastructure. The Building Sector dominated the market in 2021 and is expected to grow at a higher CAGR during the forecast period. Increasing adoption of 3D printing in the building industry due to its ability to create lightweight structures while maintaining its structural integrity, and to build complex structures with ease at an affordable rate is driving market.

Regional Insights

Europe is estimated to remain the largest market for 3D concrete printing during the forecast period due to increasing construction activities with complex structures. Majority of the key companies’ presence in the region such as XtreeE, Monolite UK Ltd., Apis Cor, CyBe Construction B.V., and Sika AG further contributing to the leading share.

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Research Methodology

• This strategic assessment report from Stratview Research provides a comprehensive analysis that reflects 3D concrete printing market realities and future market possibilities for the forecast period.
• The report segments and analyzes the market in the most detailed manner in order to provide a panoramic view of the market.
• The vital data/information provided in the report can play a crucial role for market participants as well as investors in the identification of the low-hanging fruits available in the market as well as to formulate growth strategies to expedite their growth process.
• This report offers high-quality insights and is the outcome of a detailed research methodology comprising extensive secondary research, rigorous primary interviews with industry stakeholders, and validation and triangulation with Stratview Research’s internal database and statistical tools.
• More than 1,000 authenticated secondary sources, such as company annual reports, fact books, press releases, journals, investor presentations, white papers, patents, and articles, have been leveraged to gather the data.
• We conducted more than 15 detailed primary interviews with market players across the value chain in all four regions and industry experts to obtain both qualitative and quantitative insights.

Report Features

This report provides market intelligence in the most comprehensive way. The report structure has been kept such that it offers maximum business value. It provides critical insights into market dynamics and will enable strategic decision-making for existing market players as well as those willing to enter the market. The following are the key features of the report:

• Market structure: Overview, industry life cycle analysis, supply chain analysis.
• Market environment analysis: Growth drivers and constraints, Porter’s five forces analysis, SWOT analysis.
• Market trend and forecast analysis.
• Market segment trend and forecast.
• Competitive landscape and dynamics: Market share, Service portfolio, New Product Launches, etc.
• COVID-19 impact and its recovery curve
• Attractive market segments and associated growth opportunities.
• Emerging trends.
• Strategic growth opportunities for the existing and new players.
• Key success factors.

Market Segmentation

This report studies the market, covering a period of 12 years of trend and forecast. The report provides detailed insights into the market dynamics to enable informed business decision-making and growth strategy formulation based on the opportunities present in the market.

The 3D concrete printing market is segmented into the following categories:

By Offering Type

• Materials
• Printing Services

By Technique Type

• Extrusion-Based
• Powder-Based

By End-Use Industry Type

• Building
• Infrastructure

By Region

• North America (Country Analysis: the USA, Canada, and Mexico)
• Europe (Country Analysis: Germany, France, the UK, Russia, Spain, and Rest of Europe)
• Asia-Pacific (Country Analysis: China, Japan, India, South Korea, and Rest of Asia-Pacific)
• Rest of the World (Sub-Region Analysis: Latin America, the Middle East, and Others)

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Report Customization Options

Stratview Research offers one of the following free customization options to our respectable clients:

Company Profiling

• Detailed profiling of additional market players (up to 3 players)
• SWOT analysis of key players (up to 3 players)

Competitive Benchmarking

• Benchmarking of key players on the following parameters: Product portfolio, geographical reach, regional presence, and strategic alliances

Custom Research: 

Stratview Research offers custom research services across sectors. In case of any custom research requirement related to market assessment, competitive benchmarking, sourcing and procurement, target screening, and others, please send your inquiry to sales@stratviewresearch.com.