Translucent Concrete Market: Introduction
- Translucent concrete is a concrete based building made with material with light-transmissive properties due to embedded light optical elements usually optical fibers. Light is conducted through the stone from one end to the other; therefore, the fibers have to go through the whole object. This results in a certain light pattern on the other surface, depending on the fiber structure. Translucent concrete is used in fine architecture as a façade material and for cladding of interior walls. Translucent concrete is also applied to several design products.
Key Drivers of the Global Translucent Concrete Market
- Rising demand for reconstruction from urban areas in developed and emerging economies is driving the translucent concrete market. Growing infrastructure projects in both developed and emerging economies has also been influencing the demand for enhanced aesthetical looks. Increasing consumer spending and demand for aesthetical and decorative buildings has increased the demand for translucent concrete, which is projected to propel the market.
- Translucent concrete blocks that are used for floors look like normal concrete blocks during the daytime, but shines in the dark due to an illumination installed beneath the blocks. Translucent concrete blocks in flooring applications in commercial building floorings, restaurant floorings, residential floorings, and footpaths or walking tracks in gardens and staircases fulfils aesthetical requirements. This is projected to fuel the demand for translucent concrete in the coming years, subsequently helping the market to grow globally.
Factors Restraining the Global Translucent Concrete Market
- Initial high cost, lack of information, and fluctuations in raw material prices are major factors that can hinder the growth of the translucent concrete market.
Market in Asia Pacific to Expand Rapidly
- In terms of region, the global translucent concrete market can be divided into North America (NA), Europe (EU), Asia Pacific (APAC), Middle East & Africa (MEA), and South America (SA)
- North America country-level analysis features the U.S., Canada, and Rest of North America. Analysis and forecast of the translucent concrete market in Europe includes markets across the U.K., Germany, France, and Rest of Europe. Similarly, Asia Pacific includes India, China, Japan, and Rest of Asia Pacific. Middle East & Africa includes the translucent concrete market analysis and forecast of GCC countries, South Africa, and Rest of Middle East & Africa. The South America translucent concrete market is segmented into Brazil, and Rest of South America.
- North America accounted for largest share of the global translucent concrete market due to the growing infrastructure projects in the region. Growing urbanization is exerting high impact on infrastructure projects, which is a prime factor driving the translucent concrete market in North America.
- The translucent concrete market in Asia Pacific is projected to expand rapidly during the forecast period due to the increasing population and rising residential & non- residential construction projects in the region. Growth in the construction and infrastructure industry would propel the demand for translucent concrete in the region.
Key Players Operating in the Global Market
Companies in the translucent concrete market are focusing on becoming more proficient and developing products with advanced structures which will enhance their competitive advantage and their market share globally. Companies are focusing on innovations and targeting various architectural & construction firms, and also strategizing on partnerships, agreements, and acquisitions to expand their presence in the market.
A few of the key players operating in the global translucent concrete market are:
- Dupont Lightstone
- FAPINEX LLC
- Glass Block Technology Limited
- HEIDELBERGCEMENT AG
- Italcementi SpA
- Josef Loacker GmbH
- LCT GesmbH
- Litracon Ltd
- LUCEM GmbH
- Pan-United Corporation Ltd
- UNStudio
Global Translucent Concrete Market: Research Scope
Global Translucent Concrete Market, by Application
Global Translucent Concrete Market, by End-use
- Residential
- Non-residential
Global Translucent Concrete Market, by Region
- North America
- U.S.
- Canada
- Rest of North America
- Europe
- Germany
- France
- U.K.
- Rest of Europe
- Asia Pacific
- China
- Japan
- India
- Rest of Asia Pacific
- Middle East & Africa
- GCC
- South Africa
- Rest of Middle East & Africa
- South America
- Brazil
- Rest of South America
The report on the global translucent concrete market is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, and inputs from industry experts and industry participants across the value chain. The report provides in-depth analysis of parent market trends, macroeconomic indicators, and governing factors, along with market attractiveness as per segments. The report also maps the qualitative impact of various factors on market segments and regions.