Press release
3D Concrete Printing Market 2021 Advancements and Outlook -3D CONCRETE, Balfour Beatty, Carillion PLC (PwC), Dus Architects, Foster + Partners
The Global 3D Concrete Printing Market Research Report 2021-2026 is a valuable source of insightful data for business strategists. It provides the industry overview with growth analysis and historical & futuristic cost, revenue, demand, and supply data (as applicable). The research analysts provide an elaborate description of the value chain and its distributor analysis. This Market study provides comprehensive data that enhances the understanding, scope, and application of this report.The market for 3D concrete printing is expected to expand at a CAGR of around 17%, during the forecast period.
Top Companies in the Global 3D Concrete Printing Market are 3D CONCRETE, Balfour Beatty, Carillion PLC (PwC), Dus Architects, Foster + Partners, HEIDELBERGCEMENT AG, Kier Group PLC, KOHN PEDERSEN FOX ASSOCIATES PC, LafargeHolcim, Sika AG, Skanska, UNIVERSE ARCHITECTURE BV, Yingchuang Building Technique (Shanghai) Co. Ltd (WinSun) and others.
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Key Market Trends
Residential Sector to Dominated the Market
- As a result of rapid urbanization, especially in developing countries, the demand for residential construction is increasing day-by-day.
- The market for 3D concrete printing in the residential segment has expanded globally, majorly in Asia-Pacific and other emerging economies. The demand for houses is higher than the supply in emerging nations, like South Africa. Moreover, the rise in demand for housing in urban areas has increased, and the government�s National Infrastructural Plan is supporting this growth, with new projects expected in the future.
- DuBox, modular design, and off-site construction company have already demonstrated UAE�s first, locally 3D-printed concrete building from real-life construction objects. The company partnered with the University of Eindhoven, in the Netherlands, and the engineering consultancy firm, Witteveen+Bos, to achieve this target.
- During the fifth International Conference for Sustainable Construction Materials, in Dubai, the local government has laid out a plan to have 25% of its buildings 3D-printed, by 2030.
- The aforementioned factors are expected to drive the demand for 3D concrete printing, during the forecast period.
Asia-Pacific Region to Dominate the Market
- In Asia-Pacific, China is one of the leading country, emerged as a major 3D concrete printing consumer, due to strong government support, efforts toward standardization, and expanding application segments.
- The Asia-Pacific construction sector is the largest in the world and is increasing at a healthy rate, owing to the rising population, increase in middle-class income, and urbanization. Increasing infrastructure construction activity is the major driver for the Asia-Pacific construction sector
- China is expected to serve as the largest market, due to its rapid industrial development and increasing urban population.
- In addition, the entry of major players from the European Union into the lucrative market of China has further fueled the industrys expansion.
- Owing to their business potential, countries, like Indonesia, China, Malaysia, Singapore, and South Korea, have become hosts to numerous national and international events. This move has accelerated the demand for hotels, shopping malls, high-rise buildings, and arenas and stadiums (both outdoor and indoor), thereby boosting the construction industry in the respective regions.
- Thus, construction activity has been growing in the Asia-Pacific, which is expected to boost the 3D concrete printing market.
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What are the market factors that are explained in the report?
-Key Strategic Developments: The study also includes the key strategic developments of the 3D Concrete Printing market, comprising R&D, new product launch, M&A, agreements, collaborations, partnerships, joint ventures, and regional growth of the leading competitors operating in the market on a global and regional scale.
-Key Market Features: The report evaluated key market features, including revenue, price, capacity, capacity utilization rate, gross, production, production rate, consumption, import/export, supply/demand, cost, market share, CAGR, and gross margin. Also, the study offers a comprehensive study of the key market dynamics and their latest trends, along with pertinent market segments and sub-segments.
–Analytical Tools: The Global 3D Concrete Printing Market report includes the accurately studied and assessed data of the key industry players and their scope in the market utilizing several analytical tools. The analytical tools such as Porter’s five forces analysis, SWOT analysis, feasibility study, and investment return analysis have been used to analyze the growth of the key players operating in the market.
Finally, the 3D Concrete Printing Market report is the believable source for gaining Market research that will exponentially accelerate your business. The report gives the principle locale, economic situations with the item value, benefit, limit, generation, supply, request, and Market development rate and figure, and so on. This report additionally Present a new task SWOT examination, speculation attainability investigation, and venture return investigation.
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– The market estimate (ME) sheet in Excel format
– Report customization as per the client’s requirements
– 3 months of analyst support
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Note: All the reports that we list have been tracking the impact of COVID-19. Both upstream and downstream of the entire supply chain has been accounted for while doing this. Also, where possible, we will provide an additional COVID-19 update supplement/report to the report in Q3, please check for with the sales team.
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MarketInsightsReports provides syndicated market research on industry verticals including Healthcare, Information, and Communication Technology (ICT), Technology and Media, Chemicals, Materials, Energy, Heavy Industry, etc. MarketInsightsReports provides global and regional market intelligence coverage, a 360-degree market view which includes statistical forecasts, competitive landscape, detailed segmentation, key trends, and strategic recommendations.
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