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Follow on Google News | 3D Printing Construction Material Demand Driven by Construction ActivitiesGeographically, APAC held the largest share in the 3D printing construction market in 2020 due to the soaring number of buildings being constructed using this technology and surging R&D activities in the region.
By: P&S Intelligence The surging need to reduce C&D debris, owing to the mounting environmental concerns, will, therefore, help the 3D printing construction market flourish between 2021 and 2030. According to P&S Intelligence, the market generated a revenue of $15 million in 2020. Construction companies are shifting from traditional construction methods and materials to 3D printing construction methods and materials to minimize wastage as 3D printers use materials that are lighter than conventional building materials. Additionally, the mounting investments being made in renewable energy infrastructure will also steer construction companies toward 3D printing construction technology. For example, the Government of India approved the construction of 60 solar cities and made an investment of $1.3 billion in 50 solar parks in 2020. Similarly, the Government of Canada invested $1.67 million in Power. House Hybrid: Minimizing Greenhouse Gases (GHGs) and Minimizing Grid Benefits project in 2019 and $4.3 million in Slemon Park Microgrid Project of the country in 2020. Globally, the Asia-Pacific (APAC) region dominated the 3D printing construction market (https://www.psmarketresearch.com/ Thus, the increasing need to reduce C&D waste to mitigate environmental degradation and soaring investments being made in renewable energy infrastructure will propel the use of 3D printing construction materials and methods in the forthcoming years. End
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