3D Concrete Printing Market Growth Analysis | 2022-2028

Market Insights

3D Concrete Printing Market was expected to grow from USD 23.98 million in 2021 to USD 7698.94 million by 2028 at a CAGR of 133.15% during the forecast period (2022-2028).

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What is 3D Concrete Printing?

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

Market Drivers

The prime factors that are driving the market are –

• The technology’s capability to develop complex building geometries with more precision, 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)

Segments Analysis

By Technique Type

Extrusion-based Technique dominated the market in 2021 and is expected to remain dominant during the forecast period.

The market is segmented as extrusion-based and powder-based. 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 Building Sector dominated the market in 2021 and is expected to grow at a higher CAGR during the forecast period.

The market is segmented as building and infrastructure. 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.

By Region

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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The 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)

Report Features

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

The following are the key features of the report:

• Overview, industry life cycle analysis, supply chain analysis
• Environment analysis: Growth drivers and constraints, Porter’s five forces analysis, SWOT analysis
• Trend and forecast analysis.
• Segment trend and forecast.
• Competitive landscape and dynamics: Market share, product portfolio, Technology launches, etc.
• Attractive segments and associated growth opportunities
• Emerging trends
• Strategic growth opportunities for the existing and new players
• Key success factors

Research Methodology

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 the market players across the value chain in all four regions and industry experts to obtain both qualitative and quantitative insights.

Target Audience

The following is a list of the customers that the market aims to convert the most:

• Manufacturers
• Suppliers
• Distributors
• Organizations
• Government bodies

Customization Option

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.