PUBLISHER: DataM Intelligence | PRODUCT CODE: 1255863
PUBLISHER: DataM Intelligence | PRODUCT CODE: 1255863
The global translucent concrete market reached US$ XX million in 2022 and is projected to witness lucrative growth by reaching up to US$ XX million by 2030. The market is growing at a CAGR of 51.5% during the forecast period (2023-2030).
Transparent concrete is a building material with transmissive properties owing to embedded light optical elements, usually optical fibers. The optical fibers are used in the concrete carrying light from one side of the roof, wall or floor to the other end. The light should pass through the concrete block and optical fiber through the concrete panel. It depends on the structure of the optical fibers and the light passed through optical fibers falls on the wall to pass through the concrete wall, creating a light pattern on another side of the wall.
Increased urbanization, increased consumer spending power, increased demand for aesthetically pleasing and decorative buildings, and increased need for energy conservation
The translucent concrete is largely used as subway roofing, where energy consumption is used to power the subway's lighting system during the day, further propelling the market growth. The increasing use of translucent concrete in flooring applications such as residential buildings, commercial buildings, restaurant floorings, railway floorings, walking tracks in gardens and staircases. Increased urbanization, increased consumer spending power, increased demand for aesthetically pleasing and decorative buildings, and increased need for energy conservation are all driving demand for transparent concrete.
One of the reason for the high cost of translucent concrete is the complexity of the manufacturing process. Translucent concrete is made with a special method that involves mixing the raw materials in a specific way and casting the concrete in a specific way to ensure that light can pass through. The respective process is more complex and time-consuming than traditional concrete manufacturing, which increases the cost of the final product.
The COVID-19 Analysis includes Pre-COVID Scenario, COVID Scenario and Post-COVID Scenario along with Pricing Dynamics (Including pricing change during and post-pandemic comparing it with pre-COVID scenarios), Demand-Supply Spectrum (Shift in demand and supply owing to trading restrictions, lockdown and subsequent issues), Government Initiatives (Initiatives to revive market, sector or Industry by Government Bodies) and Manufacturers Strategic Initiatives (What manufacturers did to mitigate the COVID issues will be covered here).
The global translucent concrete market is segmented based on raw material, application, end-user and region.
One of the main advantages of using optical elements in translucent concrete is that they allow for greater control over light transmission. Lenses, for example, can be used to focus light in specific areas, while mirrors can be used to reflect light in different directions. Thus, allowing for more precise control over the lighting effect, creating a more dynamic and visually appealing result. As architects and designers look for ways to incorporate natural light into their projects in a more precise and visually appealing way, the demand for optical elements in translucent concrete will likely continue to grow.
In the flourishing construction industry, the demand for optical elements, plasterboard and wallboard is also substantially increasing, which is anticipated to drive the translucent concrete market in Asia-Pacific during the forecast period.
Additionally, many international and packaging developing companies are based in the Asia-Pacific, so it is expected to influence the translucent concrete market. The innovation regarding power generation, transportation, flooring and roofing in the translucent concrete market is set to develop in the future.
The major global players in the market include: LUCEM GmbH, Litracon Ltd, CRE Panel GmbH, Dupont Lightstone, Italcementi SpA, LCT GesmbH, Pan-United Corporation Ltd, Beton Broz, Florack Bauunternehmung GmBH and Glass block technology limited.
The global translucent concrete market report would provide approximately 61 tables, 57 figures and 187 Pages.
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