According to a new report published by Allied Market Research, titled, “3D Concrete Printing Market,” The 3D concrete printing market size was valued at $371.70 million in 2021, and is estimated to reach $1,256.5 billion by 2031, growing at a CAGR of 131.8% from 2022 to 2031.
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The 3D concrete print process is used to construct building structures, infrastructures and other things using concrete and atomized machinery. 3D printers are capable of printing walls, roofs and pillars.
A robot or 3D printer is also controlled by pre-programmed computer software. In software like AutoCAD and SolidWorks, the path of its movements is programmed. It then decides what to print and commands the printer. This technology is more accurate than traditional manual methods. Using this technology, it is possible to produce complex designs at a faster rate and with less error.
In developed countries, hiring skilled workers is expensive, especially in Europe. Also, custom-made and special shapes and sizes require skilled personnel with experience and knowledge. The high cost of labor services increases the total budget of projects. The 3D concrete printing technique helps to save this expenditure as it can print complex structures and without errors. This is because the 3D printer allows for mass production of complex structures. The 3D printing market will grow.
Due to the increase in construction and renovation, manual construction generates a considerable amount of waste. A certain amount of concrete is usually wasted when constructing walls, slabs and pillars.
The 3D printing technology, however, does not produce waste as it consists of a concrete nozzle that deposits concrete in the exact quantity and amount. The 3D printing market is boosted by reducing waste and lowering the costs of concrete.
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Nevertheless, it is necessary to invest a large amount of money in order to establish the service. The cost of 3D printing machines is mainly due to the expensive software used to operate them, such as AutoCAD or SolidWorks.
A standard concrete that can be used for 3D-printing is not available on the market. The concrete composition is based on the 3D-printing application and the geographic region. This is a major obstacle to the market growth of 3D concrete printing.
Market expansion for 3D printing concrete is expected to be remunerative due to rapid urbanization in developed countries, and their use of advanced technology. The growing awareness of 3D technology and its advantages is also influencing the preferences of builders for this technology in various projects. This contributes to the growth of global 3D concrete industry.
The market for 3D concrete printers is segmented by printing type, technology, end-use sector and region. According to the printing type, it is classified into gantry systems and robotic arms. It is divided based on technique into extrusion based and powder based. It is classified into three end-use sectors: residential, commercial and infrastructure. The market is segmented by region, including North America, Europe Asia-Pacific and LAMEA.
The 3D Concrete Printing Market Analysis includes a list of the major players, such as Apis Cor, Cobod International A/S, D’shape, Heidelbergcement AG, LafargeHolcim, Sika AG, Skanska, Yingchuang Building Technique Co., Ltd., Winsun, and XtreeE.
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