The market for 3D printing in construction is predicted to reach $103.9bn by 2032, according to new research
The report by Global Market Insight said demand for 3D printing technology is being driven by rising demand for cost-effective and sustainable construction methods.
By optimizing the use of materials and minimizing waste, 3D printing improves efficiency and significantly lowers project costs.
Furthermore, the ability to create customized designs tailored to specific project needs makes this technology increasingly appealing to stakeholders.
As sustainability becomes a top priority in the construction sector, 3D printing offers an eco-friendly solution, boosting its adoption.
Concrete dominates 3D printing market
The 3D printing in construction market is segmented based on materials such as concrete, metals, polymers, composites and others.
In 2023, the concrete segment accounted for more than 65% of the market and is expected to exceed $55bn by 2032.
Concrete’s popularity in 3D printing is attributed to its versatility, strength and ability to support complex designs, making it ideal for a wide range of structural applications.
Its cost-effectiveness, combined with the development of low-carbon and high-strength formulations, positions concrete as a key material in sustainable and efficient construction.
Commercial sector takes biggest market share
The application segment of the 3D printing in construction market includes residential, commercial, infrastructure, industrial and others.
The commercial segment held around 37% of the market share in 2023. The growing demand for innovative and sustainable construction solutions in urban areas is a major factor driving the dominance of the commercial sector.
3D printing allows for faster project completion, reducing labor and overall costs, which is highly attractive for commercial developers.
Furthermore, the ability to create intricate architectural designs enhances the aesthetic value of commercial properties, encouraging businesses to adopt this technology for unique, sustainable building projects.
North America embracing 3D printing
In 2023, North America accounted for over 35% of the 3D printing in construction market, with projections suggesting it will surpass $30bn by 2032.
The region’s strong technological infrastructure and significant investments in innovation are driving market growth.
North America’s robust construction industry embraces advanced technologies to improve efficiency and sustainability.
Additionally, government initiatives supporting research and development in construction technologies, along with the presence of key industry players, contribute to the region’s market leadership.
Growing demand for affordable housing and customized building solutions further fuels the adoption of 3D printing in North America.
Major companies operating in the 3D printing in construction market include Apis Cor, COBOD International, Contour Crafting Corporation, CyBe Construction, ICON Technology, Peri 3D Construction, Sika, XtreeE and Yingchuang Building Technique Co.