Translucent Concrete Market Size & Share, by Raw Material Type (Concrete, Optimal Elements); Application (Façade & Wall Cladding, Flooring); End-Use (Construction & Infrastructure, Art Installation, Residential, Industrial) - Global Supply & Demand Analysis, Growth Forecasts, Statistics Report 2024-2036

  • Report ID: 3816
  • Published Date: Mar 05, 2024
  • Report Format: PDF, PPT

Global Market Size, Forecast, and Trend Highlights Over 2024-2036

Translucent Concrete Market size is anticipated to reach USD 142 Million by the end of 2036, growing at a CAGR of 40% during the forecast period, i.e., 2024-2036. In the year 2023, the industry size of translucent concrete was USD 2 Million. The growing demand for aesthetics and interior designing in commercial as well as residential spaces is expected to spur the growth of the market. For instance, in 2020, there was a 22.5% increase in the quantity of downloaded interior design applications.

translucent concrete is becoming more resilient, strong, and suitable for a wider range of uses and environmental conditions due to advancements in reinforcement techniques and concrete additives. Additionally, smart technologies like lighting controls, embedded sensors, and actuators are being incorporated with translucent concrete to create interactive and adaptive architectural features that react to user preferences and environmental changes.


Translucent Concrete Market
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Translucent Concrete Sector: Growth Drivers and Challenges

Growth Drivers

  • Growing Shift Towards Sustainability and Energy-Efficient Solutions - In terms of energy efficiency and sustainability, transparency in the form of concrete is highly beneficial. This will contribute to the implementation of environmentally friendly building practices. translucent concrete allows natural light to penetrate deeper into buildings, harvesting daylight, which involves exploiting the use of available light sources to reduce it. Also, lighting accounts for a significant proportion of energy consumption in buildings; therefore, the adoption of reducing energy consumption and reducing greenhouse gas emissions can be helped by tconcrete architecture. For instance, almost 20% of all electricity use and 6% of all CO2 emissions globally come from lights. translucent concrete is produced with more environmentally friendly ingredients and methods, lessening its influence on the environment and making it a more environmentally friendly choice for building.
  • Increased Government Initiatives - The past few decades have seen a rise in population, which has increased the need for energy. Nevertheless, excessive use of traditional energy sources has caused global warming and its negative effects. Among the various "green building material" options that mostly rely on sunshine for illumination is translucent concrete. Furthermore, the governments of several developed nations, including Germany and the United States of America, are spearheading the movement to promote the development of ecologically friendly buildings. The majority of the building's energy requirements will be able to be satisfied by renewable energy sources including solar, wind, and other sources thanks to these infrastructures. Additionally, because translucent concrete is efficient, less power can be utilized during the day. As a result, by using less power during the day, it can be utilized to construct environmentally friendly buildings.
  • Increasing Infrastructural Activities Globally – Translucent concrete can be utilized to build aesthetically pleasing structures that add to the beauty of urban environments, where infrastructure projects frequently confront space limits and aesthetic considerations. Bridges, tunnels, and pavements are just a few of the creative and eye-catching infrastructure projects that architects and engineers may now construct with translucent concrete. Additionally, the governments of different regions are making significant infrastructural investments, which is driving up translucent concrete market growth.

Challenges

  • High Cost of the Product than Normal Concrete– Due to the additional materials and manufacturing steps needed to make it translucent, translucent concrete is typically more expensive than ordinary concrete. Its widespread use may be hampered by its expensive cost, especially in initiatives with limited funding. Therefore, this factor may hamper the growth of the tconcrete market.
  • Limited Availability of the Product may Hinder the Market Growth
  • Lack of Materials and Specialized Techniques may Hinder the Market Growth

Translucent Concrete Market: Key Insights

Base Year

2023

Forecast Year

2024-2036

CAGR

~ 40%

Base Year Market Size (2023)

 ~ USD 2 Million

Forecast Year Market Size (2036)

 ~ USD 142 Million

Regional Scope

  • North America (U.S., and Canada)
  • Latin America (Mexico, Argentina, Rest of Latin America)
  • Asia-Pacific (Japan, China, India, Indonesia, Malaysia, Australia, Rest of Asia-Pacific)
  • Europe (U.K., Germany, France, Italy, Spain, Russia, NORDIC, Rest of Europe)
  • Middle East and Africa (Israel, GCC North Africa, South Africa, Rest of the Middle East and Africa)
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Translucent Concrete Segmentation

Raw Material Type (Concrete, Optimal Elements)

Concrete type segment in the translucent concrete market is anticipated to hold a share of 56% during the forecast period. Concrete and optical components are the two primary raw materials used to make translucent concrete. Nonetheless, these materials have a significant capacity for effectively transporting light from one end to the other, even when utilized in tiny amounts. In the market for translucent concrete, volume consumption of concrete is predominant, while optical parts require less volume. To get high-strength translucent concrete products, a large volume of concrete is required.

Application (Façade & Wall Cladding, Flooring)

Façade & wall cladding segment in the translucent concrete market is poised to hold the second-largest share of 53% during the forecast period. Worldwide urbanization's rapid growth has boosted building activity in cities, where façade and wall cladding materials are crucial to contemporary urban architecture, which is fueling the market for these products. Wall cladding and façade applications are where translucent concrete is most commonly used. When utilized for wall cladding and façade applications, translucent concrete allows for the transmission of natural light while consuming less electricity. It also gives durability because it is weather-insensitive. Its exceptional strength is partly a result of the raw materials' concrete content. In addition, there is an increasing need for rehabilitation and retrofitting projects to update the appearance and boost the energy efficiency of existing buildings as they get older and more antiquated

 Our in-depth analysis of the global market includes the following segments:

     Raw Material Type

  • Concrete
  • Optimal Elements

     Application

  • Façade & Wall Cladding
  • Flooring

     End-Use

  • Construction & Infrastructure
  • Art Installation
  • Residential
  • Industrial l

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Translucent Concrete Industry - Regional Synopsis

North American Market Forecast

The translucent concrete market in North America is poised to hold a revenue share of 36% during the forecast period. When it comes to the adoption of cutting-edge building materials and sustainable building techniques, North America is a leading region. As per a report, in North America green building can result in cost savings of 50 to 90% and cut energy use by 30 percent and carbon emissions by 35 percent, on average. The region's emphasis on environmental design, energy efficiency, and aesthetics in architecture is what drives the use of translucent concrete. In well-known cities like New York, Chicago, and Los Angeles, translucent concrete is often used for projects both inside and outside.

European Market Statistics

Europe translucent concrete market is expected to hold a share of 27% by the end of 2036. Because there are so many translucent manufacturing enterprises in the region, the market is expanding there. Furthermore, during the course of the forecast year, several activities in support of green building materials are anticipated to lead to strong product demand in the region. The need for sustainable and energy-efficient alternatives controls product demand in Europe, and this trend is anticipated to persist throughout the projection period. Additionally, the major product manufacturing companies are concentrated in the region, which streamlines the distribution of products within the region and is projected to positively impact market growth.

Research Nester
Translucent Concrete Market Size
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Companies Dominating the Translucent Concrete Landscape

top-features-companies
    • Betolar
      • Company Overview
      • Business Strategy
      • Key Product Offerings
      • Financial Performance
      • Key Performance Indicators
      • Risk Analysis
      • Recent Development
      • Regional Presence
      • SWOT Analysis
    • Heidelberg Materials
    • CRE Panel GmbH
    • Glass Block Technology Limited
    • LUCEM GmbH
    • Dupont Lightstone
    • Litracon Ltd.
    • Beton Broz
    • Italcementi SpA
    • LCT GesmbH

In-the-news

In The News

  • Betolar and UAE-based concrete products manufacturer Fujairah Concrete Products (FCP) announced their collaboration at the international Big 5 Global construction event in Dubai. At the event, the companies launched paving products made of low-carbon concrete. The products are based on the cement-free Geoprime solution developed by Betolar.
  • Customers in Europe will be able to purchase a carbon-captured net-zero cement that Heidelberg Materials claims to be the first in the world. The product, which will be sold under the brand name evoZero, is said to have a net-zero footprint that was attained at the Heidelberg Materials facility in Brevik, Norway, by using carbon capture and storage technology, without the need for reimbursement from credits produced outside the company's value chain.

Author Credits:  Mohd Shadab, Yashika Karodiwal


  • Report ID: 3816
  • Published Date: Mar 05, 2024
  • Report Format: PDF, PPT

Frequently Asked Questions (FAQ)

Growing shift towards sustainability and energy-efficient solutions, increased government initiatives, and increasing infrastructural activities globally are the major factors driving the growth of the Translucent concrete market.

The market size of translucent concrete is anticipated to attain a CAGR of 40% over the forecast period, i.e., 2024 - 2036.

The major players in the market are Betolar, Heidelberg Materials, CRE Panel GmbH, Glass Block Technology Limited, LUCEM GmbH, Dupont Lightstone, Litracon Ltd., Beton Broz, Italcementi SpA, LCT GesmbH and others.

The concrete segment is anticipated to garner the largest market size by the end of 2036 and display significant growth opportunities.

The market in the North America region is projected to hold the largest market share by the end of 2036 and provide more business opportunities in the future.
Translucent Concrete Market Report Scope
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