The global demand for Translucent Concrete Market is presumed to reach the valuation of nearly USD XX MN by 2028 from USD XX MN in 2021 with a CAGR of XX% during the period of 2022-2028. Whereas with regards to volume, the market was calculated XX KT in 2021 and foreseen to touch XX KT by 2028 with a CAGR of XX% during 2020-2026.
Translucent concrete or transparent concrete is the building material that possess light-transmitting properties. It is produced with combination of 4%-5% (by volume) of the fibre optics and fine concrete. It is widely used in architectural facades for reducing power consumption and enhance beauty of the infrastructure as it uses sunlight as the source of light. As it is made from optical fibres, the translucent concrete acts as excellent heat insulator especially in the cold regions. Prominent application areas of translucent concrete includes partition walls, lamps, decorative tiles, and exterior walls.
Rising global awareness for minimizing environmental hazards in combination with continuous shift towards sustainable infrastructure has driven the demand for green construction immensely. Low operating costs, better indoor air quality and reduced energy consumption are some of the major benefits pushes the demand for green construction. This is driving the translucent concrete market growth. Higher inclination of the building owners towards enhancing interior and exterior décor, an outcome of rising disposable income, rapid urbanization, upgraded lifestyle and higher spending on beautifying decor further propels the market growth. However, high cost of the raw materials is major factor hindering the market growth.
The report covers Porter’s Five Forces Model, Market Attractiveness Analysis and Value Chain analysis. These tools help to get a clear picture of the industry’s structure and evaluate the competition attractiveness at a global level.
Additionally, these tools also give inclusive assessment of each application/product segment in the global market of translucent concrete.
The entire translucent concrete market has been sub-categorized into application and end-user. The report provides an analysis of these subsets with respect to the geographical segmentation. This research study will keep marketer informed and helps to identify the target demographics for a product or service.
By End User
This section covers regional segmentation which accentuates on current and future demand for translucent concrete market across North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa. Further, the report focuses on demand for individual application segment across all the prominent regions.
Global Translucent Concrete Market Share by Region (Representative Graph)
The research report also covers the comprehensive profiles of the key players in the market and an in-depth view of the competitive landscape worldwide. The major players in the translucent concrete market include Dupont Lightstone, Fapinex LLC, Glass Block Technology Limited, Heidelberg Cement AG (Italcementi SpA), Josef Loacker GmbH (LUCCON GmbH), LCT GesmbH, Litracon Ltd., Lucem Gmbh, Pan-United Corporation Ltd., UNStudio. This section includes a holistic view of the competitive landscape that includes various strategic developments such as key mergers & acquisitions, future capacities, partnerships, financial overviews, collaborations, new product developments, new product launches, and other developments.
This market research report has been produced by gathering information on the basis of primary and secondary research. Secondary research has been done by using various sources which include (but not limited to) Company Websites, Paid Data Sources, Technical Journals, Financial Reports, SEC Filings, and other different industry publications.
If specific information is required which is not currently within the scope of the report, it can be provided as a part of customization.