3D Concrete Printing Market is a Real Challenge of the Construction Business

3D concrete printing is a highly advanced and innovative method used for constructing predesigned building components with the use of 3D concrete printers. The rapid urbanization as well as the demand for architectural flexibility will drive the growth of the 3D concrete printing market. The building sector is anticipated to account for a larger share throughthe forecast period. The capability of 3D concrete printers to develop complex building geometries, with more precision, and generate less waste has resulted in the construction of complex building structures at an affordable rate.

With the construction companies making continuous efforts to bring 3D concrete printing as a part of the conventional construction, the global 3D concrete printing market is expected to gather significant growth in the next several years. On the basis of technique, the market has been segmented into extrusion-based and powder-based. In the year 2017, the extrusion-based technique accounted for the largest share of the 3D concrete printing market. It is because of its capability to produce large-scale building components along with complex geometrical structures and also the usage of conventional construction materials, the extrusion-based technique has become popularly used as a 3D concrete printing technique for buildings and infrastructure.

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The Asia-Pacific construction sector is the largest in the world, and is expanding at a healthy rate, due to the rising population, urbanization and increase in middle-class income,. The rapidly increasing infrastructure construction activity in India and China particularly is the major driver for the Asia-Pacific construction sector. Owing to their business potential, countries, like China, Indonesia, Singapore Malaysia, and South Korea that have become hosts to numerous international events. This has driven the demand for shopping malls, hotels, and high-rise buildings, thereby boosting the construction industry in these regions. Thus, construction activity has been growing in the Asia-Pacific, which is anticipated to boost the 3D concrete printing market.Countries such as Saudi Arabia are also expanding in this sector.For example in the year 2017, Winson leased 100 3D printers as well as technical support to Saudi Arabian Al Mobty Contracting Company for USD 1.5 billion. This is anticipated to build 1.5 million affordable homes in Saudi Arabia.

Some of the companies in the 3D Concrete Printing market are Yingchuang Building Technique (Shanghai) Co. Ltd (WinSun), UNIVERSE ARCHITECTURE BV, Skanska, Dus Architects, Foster + Partners, and Carillion Group (PwC)among others. The major companies operating in the global 3D Concrete Printing market will eventually grab the opportunity presented by the new technology to further enhance their product offerings.

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