3D printing construction market worth $1,575 million by 2024

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“Browse through 74 market data tables and 34 figures spread across 129 pages and an in-depth TOC on the ‘3D Printing Construction Market'”

3D Printing Construction Market by Material Type (Concrete, Metal, Composite), Construction Method (Extrusion, Powder Bonding), End-Use Sector (Building, Infrastructure), Region (North America, Europe, APAC, ROW)

the 3D printing construction market the size is expected to increase from USD 3 million in 2019 to USD 1,575 million by 2024, at a CAGR of 245.9% during the forecast period. The market is witnessing significant growth owing to the increasing demand from various end-use industries such as construction and infrastructure. 3D construction printing has multiple characteristics, such as time-saving, cost-effectiveness, and environmental friendliness, leading to its increasing adoption.

Buildings were the largest end-use sector in 2019.

Construction 3D printing is mainly used to create residential and commercial buildings. The cost-effective and time-saving characteristics of this technology have contributed to its extensive use for the development of buildings. Construction 3D printing provides excellent thermal qualities that are strong enough to withstand external factors such as heat. Additionally, its ability to develop complex building geometries, safety, more precision and less waste has enabled the construction of complex building structures at an affordable price.

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The extrusion construction method is the fastest growing segment in the overall market.

3D printing construction is available in two construction methods, namely extrusion and powder bonding. Extrusion construction method is expected to register the highest CAGR over the forecast period as it is widely used in the construction and infrastructure sector.

Concrete material type is the fastest growing segment in the overall market.

3D printing construction is available in four types of materials, namely concrete, metal, composite and others (such as foam, plastic, gypsum and geopolymer). Concrete material is expected to register the highest CAGR during the forecast period as it is used in roads, infrastructure (bridges, dams and buildings), port protection (protective walls) and water distribution. water (pipes and lines). Key aspects of the concrete mix that play an essential role in 3D printing include extrudability, structurability, flowability, compressive strength, and open time.

Europe is expected to be the largest market for 3D printing construction during the forecast period.

Europe is one of the main markets for the 3D printing construction industry. Rising demand from end-use industries such as construction and infrastructure is driving the 3D printing construction market in the region. The region has major 3D printing construction companies that are focused on adopting various business strategies to increase 3D printing construction production and meet the growing demand from end users. For example, XtreeE and Seaboost (Egis group) combined their skills in large-scale 3D printing and marine biology to design and manufacture one of the most innovative artificial reefs. The 3D printed artificial reef was placed in the Calanques National Park (France) to restore lost ecological functions, March 2018.

Some of the major players in the 3D printing construction market are Yingchuang Building Technique (China), XtreeE (France), Apis Cor (Russia), Monolite UK (United Kingdom), CSP srl (Italy), CyBe Construction (Netherlands). Bas), Sika (Switzerland), MX3D (Netherlands), Cazza Construction Technologies (California) and ICON (Texas). The strategies undertaken by these players include partnerships, joint ventures, new projects, expansion and investment.

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