Translucent Concrete Market:
Growth opportunities in the translucent concrete market look promising over the next six years. This is mainly due to the increasing demand for energy-efficient buildings and the numerous benefits offered by translucent concrete such as less maintenance cost, reduced power consumption, and aesthetical properties.
Translucent Concrete Market Dynamics (including market size, share, trends, forecast, growth, forecast, and industry analysis)
Key Drivers
The prominent factors driving the growt h of the translucent concrete market are the growing demand for building energy-efficient buildings, followed by the various properties of translucent concrete such as better aesthetical properties and reducing initial maintenance. As per the translucent concrete market research, various advantages of this concrete, including low cost, rich raw materials, and simple production process accompanied with optical fibre, has good light guiding property that can be used to transmit light and sunlight, are driving the growth of the market. This allows the transmission of light from both natural and artificial sources to meet the demand for lighting. Thus, it helps to reduce power consumption, thus stimulating translucent concrete market size. However, the huge cost of optical fibre and lack of skilled professionals hamper the growth of global translucent market.
Application Segment Drivers
On the basis of application, market is segmented into facades & wall cladding and flooring. The façade & wall cladding is expected to dominate the market over the forecast period owing to the features like natural light transmission and saving electrical energy. The facades and wall cladding are insensitive to weather conditions which makes them more durable and stronger.
Regional Drivers
Based on region, Asia-pacific is anticipated to lead the market due to the increasing use of roadways. As per a report presented by World Health Organisation (WHO), the highest death incidence in Thailand made Thailand University to promote translucent concrete technology and install illuminated Light Stones at the beginning and the end of all zebra crossings to improve visibility and safety. On the other hand, Middle East is a promising region for the translucent market and is widely used in a mosque to strengthen aesthetical looks. Also, the ongoing construction projects and strong government support in this region are boosting the growth in the construction and infrastructure sector, which further strengthens the translucent concrete market share.
Translucent Concrete Market’s leading Manufacturers:
- Illuminart
- Glass Block Technology Limited
- Pan-United Corporation Ltd.
- CRE Panel GmbH
- LUCEM GmbH
- Florack Bauunternehmung GmbH
- Beton Broz
- Italcementi SPA
- Dupont Lightstone
- Litracon Ltd.
Translucent Concrete Market Segmentation:
Segmentation by Raw Material Type:
- Concrete
- Optical element
Segmentation by Application:
- Facades & Wall Cladding
- Flooring
- Others
Segmentation by End-use Industry:
- Construction & Infrastructure
- Others
Segmentation by Region:
- North America
- United States of America
- Canada
- Asia Pacific
- China
- Japan
- India
- Rest of APAC
- Europe
- United Kingdom
- Germany
- France
- Spain
- Rest of Europe
- RoW
- Brazil
- South Africa
- Saudi Arabia
- UAE
- Rest of the world (remaining countries of the LAMEA region)
About GMI Research
GMI Research is a market research and consulting company that offers business insights and market research reports for large and small & medium enterprises. Our detailed reports help the clients to make strategic business policies and achieve sustainable growth in the market domain. The company’s large team of seasoned analysts and industry experts with experience from different regions such as Asia-Pacific, Europe, North America, among others, provides a one-stop solution for the client. Our market research report has in-depth analysis, which includes refined forecasts, a bird’s eye view of the competitive landscape, key factors influencing the market growth, and various other market insights to aid companies in making strategic decisions. Featured in the ‘Top 20 Most Promising Market Research Consultants’ list of Silicon India Magazine in 2018, we at GMI Research are always looking forward to helping our clients to stay ahead of the curve.
Media Contact
Company Name: GMI RESEARCH
Contact Person: Sarah Nash
Email: enquiry@gmiresearch.com
Phone: Europe – +353 1 442 8820; US – +1 860 881 2270
Address: Dublin, Ireland
Website: www.gmiresearch.com
