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3D Concrete Printing Market to Grow with 27.5% CAGR, Size, Global Share, Trends, Top Leading Player and Forecast 2029
3D Concrete Printing Market Overview:3D Concrete Printing Market report provides a comprehensive overview of global business tactics, development plans of top manufacturers, current industry status, and future scope. The growing use of 3D printing in the construction industry is propelling the market forward. It is widely used in the construction of complex building structures through the use of modelling software programmes. Implementing 3D printing technology provides high accuracy, improved efficiency, lower labour costs, and increased speed. The growing use of 3D printers in the construction industry for prototyping, designing, and creating accurate end products while lowering manufacturing costs is driving market growth. Furthermore, an increase in the global adoption of green projects is one of the major factors driving market growth.
The global 3D concrete printing market size was valued at USD 730.43 Million in 2020, and is expected to reach USD 6503.84 Million by 2029, registering a CAGR of 27.5% from 2022 to 2029.
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3D Concrete Printing Market Key Players
The study of the growth of the top market player for in the target sector includes new projects with speculative returns, innovations and study of the accessibility of companies. some of the profiled players are Winsun, XtreeE, Monolite, Apis Cor, CSP s.r.l., CyBe Construction, Sika, Holcim Ltd, HeidelbergCement AG, YingChuang Building Techniques Co. Ltd and Others
Recent Development
On Aug 2021, Skanska intends to use 3D-printed concrete in its work on HS2, the USD147 billion high-speed rail system currently under construction in the United Kingdom. The joint venture between Skanska, Costain of the United Kingdom, and Strabag of Austria will use a technique dubbed "Printfrastructure" to print concrete buildings on site rather than shipping them in prefabricated slabs or mixing and pouring them on site.
On May 2020, Pikus Concrete teams up with Sika to commercialize 3D concrete printing technology in the construction industry and to capture its vast potential. Pikus' first 3D concrete printer with Sika technology has commenced operation in Lehi, Utah. The company is working on implementing the technology in the first construction projects.
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3D Concrete Printing Market Segmentation:
3D Concrete Printing Market by Offering, 2020-2029, (USD Million) (Square Meter)
Printing Services
Materials
3D Concrete Printing Market by Technique, 2020-2029, (USD Million) (Square Meter)
Extrusion Based
Powder Based
3D Concrete Printing Market by End User, 2020-2029, (USD Million) (Square Meter)
Building
Manufacturer
Growth Factors:
Increasing demand from the 3D Concrete Printing industries
The growing use of 3D Concrete Printing in Chemical and Material Sectors.
Rising demand for products
Technological advancements in production processes
Growing applications in 3D Concrete Printing Market
3D Concrete Printing Market Regional Analysis
Geographically, this report is segmented into several key regions, with sales, revenue, market share and growth Rate of Fiberglass Storage Tank (Fiberglass Tank) Professional in these regions, from 2022-2029, covering
North America (United States, Canada and Mexico)
Europe (Germany, UK, France, Italy, Russia and Turkey etc.)
Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)
South America (Brazil, Argentina, Columbia etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
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Key 3D Concrete Printing Market Trends
- The report identifies, determines, and forecasts the Global 3D Concrete Printing Market segments based on their type, sub-type, technology used, applications, end-users, and regions.
- Industry to Industry Holds Largest Share in the 3D Concrete Printing Market
- It examines the micro-markets based on their growth trends, development patterns, future prospects, and contribution to the overall market.
- Demand from Regional / geographical is expected to drive the Growth
- Rising Adoption of Market Segments in the 3D Concrete Printing Growth
- It studies the competitive developments such as partnerships and collaborations, mergers and acquisitions (M&A), research and development (R&D) activities, product developments, and expansions in the Global 3D Concrete Printing Market.
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