Global 3D Concrete Printing Market Research and Forecast 2018-2023

Posted by Orion Market Research on September 12th, 2018

3D concrete printing is referred to the construction process in which the structures are formed layer-by-layer from high-performance concrete and additives. The concrete is emitted from the nozzle of the 3D printer which creates the desired structure based on the design made on the designing software. Automated and semi-automated machines are being integrated into the production line of the structure, in order to implement more effective 3D concrete structures. The market is mainly driven by the need for novel, sustainable, environmentally-friendly, and smart housing solutions. Companies are investing in the research and development of more enhanced 3D concrete printing machines that can fabricate large concrete structures such as lintels, walls, and roofs. The emergence of the novel technology in the construction industry will provide cutting-edge 3D printing technology to various sectors, in order to achieve faster, safer, and greener construction. The capability of 3D concrete printing system in the implementation of more sophisticated designs and Increasing construction activities in the emerging economies, especially in China are some of the factors propelling the growth of the global 3D concrete printing market. The efficient use of raw materials with minimal labor requirement contributes in the increasing demand for 3D concrete printing technology in the construction industry. Moreover, the construction process becomes faster with the 3D concrete printing technology, and hence it reduces the overall cost of the construction project, which in turn, increases the demand for 3D concrete printing technology in emerging economies. The high cost of 3D concrete printers and less availability of skilled labor are some of the factors hampering the growth of the global 3D concrete printing market. However, the rapid urbanization and industrialization with impending applications of 3D concrete printing technology in other sectors such as defense is expected to fuel the market growth in the near future.

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