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Global Translucent Concrete Market Size, Share, Growth: By Application: Walls, Roofing, Flooring; By End Use: Residential, Non-Residential; Regional Analysis; Market Dynamics: SWOT Analysis, Porter’s Five Forces Analysis, Key Indicators for Demand, Key Indicators for Price; Competitive Landscape; 2024-2032
Global Translucent Concrete Market Outlook
The global translucent concrete market stood at a value of around USD 8,789.39 thousand in 2023. The market is further expected to grow at a CAGR of 39.9% in the forecast period of 2024-2032 to attain a value of around USD 1,80,433.82 thousand by 2032.
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Non-Residential Segment to Account for a Significant Market Share of the Global Translucent Concrete Industry
Based on end use, the non-residential segment is predicted to account for a significant market share in the translucent concrete industry. This increase can be attributed to the heightened deployment of translucent concrete in non-residential infrastructure, owing to the steady investments in the construction sector. In addition, the rising demand for quality commercial infrastructure, such as the construction of decorative walls and floorings to enhance the appearance of the building structure, is also contributing to the market growth. Moreover, the demand for illuminating roads and subway signs at night is also predicted to contribute to the growing demand for translucent concrete in the forecast period.
The Middle East and Africa to Possess a Considerable Market Share in the Global Translucent Concrete Industry
The Middle East and Africa is estimated to hold a considerable share of the translucent concrete industry in the forecast period. This growth can be attributed to the rising public and private investments in the construction industry in the middle east with the increasing preference for translucent concrete. In addition, the rising disposable incomes, improved living standards, and the developing public infrastructures are also significant factors leading to the industry growth. Moreover, the need for commercial spaces with improved aesthetics is expected to spearhead the demand for translucent concrete in the forecast period. For instance, in 2015, Al Aziz Mosque in Abu Dhabi utilised a large amount of translucent concrete provided by the German manufacturer LUCEM. Furthermore, increased investments in the research and development of translucent concrete to create more efficient and high-quality concrete materials are anticipated to provide lucrative opportunities for the industry growth.
Translucent Concrete: Market Segmentation
Translucent concrete, based on the concept of nano-optics, refers to construction concrete that has light-transmissive properties due to embedded light optical elements, mainly optical fibres. In addition, this type of concrete is used in aesthetic architecture, wherein translucent concrete works as a façade material. It also finds usage in patterned floorings, partition walls, and pavements, among others. Moreover, this concrete also comprises energy-saving and eco-friendly properties, as it can pass enough light to reduce power consumption and serve as a potential alternative to conventional concrete.
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On the basis of application, the market is divided into:
- Walls
- Roofing
- Flooring
Based on end use, the market can be categorised into:
- Residential
- Non-Residential
The regional markets for the product include North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa.
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Heightened Investments in the Construction Sector to Bolster the Growth of the Global Translucent Concrete Industry
The steadily rising population across the globe is leading to rapid urbanisation, which is resulting in an increased demand for residential and other commercial and industrial infrastructure facilities, thus, encouraging significant investments in the construction industry. According to the UN statistics, the world population is expected to increase from the current 7.7 billion mark to 9.7 billion by 2050. Consequently, the growing urbanisation is propelling the demand for infrastructural development for housing and commercial buildings, such as the development of 5-star hotels with decorative architecture. At the same time, translucent concrete serves as a potential energy-efficient alternative to traditional construction material, as it also reduces energy consumption. This is estimated to boost the demand for translucent concrete in the forecast period. In addition, the rising focus of the governments to enhance the visual appeal of buildings to attract more tourists is anticipated to further augment the demand for translucent concrete in the construction sector.
Key Industry Players in the Global Translucent Concrete Market
The report gives a detailed analysis of the following key players in the global translucent concrete market, covering their competitive landscape, capacity, and latest developments like mergers, acquisitions, and investments, expansions of capacity, and plant turnarounds:
- Litracon Ltd.
- Fapinex LLC
- CRE Panel GmbH (LUCCON)
- LCT GesmbH
- Others
The comprehensive EMR report provides an in-depth assessment of the industry based on the Porter's five forces model and SWOT analysis.
Key Highlights of the Report
| REPORT FEATURES | DETAILS |
| Base Year | 2023 |
| Historical Period | 2018-2023 |
| Forecast Period | 2024-2032 |
| Scope of the Report:L |
Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment:
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| Breakup by Application |
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| Breakup by End Use |
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| Breakup by Region |
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| Market Dynamics |
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| Competitive Landscape |
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| Companies Covered |
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| Report Price and Purchase Option | Explore our purchase options that are best suited to your resources and industry needs. |
| Delivery Format | Delivered as an attached PDF and Excel through email, with an option of receiving an editable PPT, according to the purchase option. |
*At Expert Market Research, we strive to always give you current and accurate information. The numbers depicted in the description are indicative and may differ from the actual numbers in the final EMR report.
1 Preface
2 Report Coverage – Key Segmentation and Scope
3 Report Description
3.1 Market Definition and Outlook
3.2 Properties and Applications
3.3 Market Analysis
3.4 Key Players
4 Key Assumptions
5 Executive Summary
5.1 Overview
5.2 Key Drivers
5.3 Key Developments
5.4 Competitive Structure
5.5 Key Industrial Trends
6 Snapshot
6.1 Global
6.2 Regional
7 Opportunities and Challenges in the Market
8 Global Translucent Concrete Market Analysis
8.1 Key Industry Highlights
8.2 Global Translucent Concrete Historical Market (2018-2023)
8.3 Global Translucent Concrete Market Forecast (2024-2032)
8.4 Global Translucent Concrete Market by Application
8.4.1 Walls
8.4.1.1 Historical Trend (2018-2023)
8.4.1.2 Forecast Trend (2024-2032)
8.4.2 Roofing
8.4.2.1 Historical Trend (2018-2023)
8.4.2.2 Forecast Trend (2024-2032)
8.4.3 Flooring
8.4.3.1 Historical Trend (2018-2023)
8.4.3.2 Forecast Trend (2024-2032)
8.5 Global Translucent Concrete Market by End Use
8.5.1 Residential
8.5.1.1 Historical Trend (2018-2023)
8.5.1.2 Forecast Trend (2024-2032)
8.5.2 Non-Residential
8.5.2.1 Historical Trend (2018-2023)
8.5.2.2 Forecast Trend (2024-2032)
8.6 Global Translucent Concrete Market by Region
8.6.1 North America
8.6.1.1 Historical Trend (2018-2023)
8.6.1.2 Forecast Trend (2024-2032)
8.6.2 Europe
8.6.2.1 Historical Trend (2018-2023)
8.6.2.2 Forecast Trend (2024-2032)
8.6.3 Asia Pacific
8.6.3.1 Historical Trend (2018-2023)
8.6.3.2 Forecast Trend (2024-2032)
8.6.4 Latin America
8.6.4.1 Historical Trend (2018-2023)
8.6.4.2 Forecast Trend (2024-2032)
8.6.5 Middle East and Africa
8.6.5.1 Historical Trend (2018-2023)
8.6.5.2 Forecast Trend (2024-2032)
9 North America Translucent Concrete Market Analysis
9.1 United States of America
9.1.1 Historical Trend (2018-2023)
9.1.2 Forecast Trend (2024-2032)
9.2 Canada
9.2.1 Historical Trend (2018-2023)
9.2.2 Forecast Trend (2024-2032)
10 Europe Translucent Concrete Market Analysis
10.1 United Kingdom
10.1.1 Historical Trend (2018-2023)
10.1.2 Forecast Trend (2024-2032)
10.2 Germany
10.2.1 Historical Trend (2018-2023)
10.2.2 Forecast Trend (2024-2032)
10.3 France
10.3.1 Historical Trend (2018-2023)
10.3.2 Forecast Trend (2024-2032)
10.4 Italy
10.4.1 Historical Trend (2018-2023)
10.4.2 Forecast Trend (2024-2032)
10.5 Others
11 Asia Pacific Translucent Concrete Market Analysis
11.1 China
11.1.1 Historical Trend (2018-2023)
11.1.2 Forecast Trend (2024-2032)
11.2 Japan
11.2.1 Historical Trend (2018-2023)
11.2.2 Forecast Trend (2024-2032)
11.3 India
11.3.1 Historical Trend (2018-2023)
11.3.2 Forecast Trend (2024-2032)
11.4 ASEAN
11.4.1 Historical Trend (2018-2023)
11.4.2 Forecast Trend (2024-2032)
11.5 Australia
11.5.1 Historical Trend (2018-2023)
11.5.2 Forecast Trend (2024-2032)
11.6 Others
12 Latin America Translucent Concrete Market Analysis
12.1 Brazil
12.1.1 Historical Trend (2018-2023)
12.1.2 Forecast Trend (2024-2032)
12.2 Argentina
12.2.1 Historical Trend (2018-2023)
12.2.2 Forecast Trend (2024-2032)
12.3 Mexico
12.3.1 Historical Trend (2018-2023)
12.3.2 Forecast Trend (2024-2032)
12.4 Others
13 Middle East and Africa Translucent Concrete Market Analysis
13.1 Saudi Arabia
13.1.1 Historical Trend (2018-2023)
13.1.2 Forecast Trend (2024-2032)
13.2 United Arab Emirates
13.2.1 Historical Trend (2018-2023)
13.2.2 Forecast Trend (2024-2032)
13.3 Nigeria
13.3.1 Historical Trend (2018-2023)
13.3.2 Forecast Trend (2024-2032)
13.4 South Africa
13.4.1 Historical Trend (2018-2023)
13.4.2 Forecast Trend (2024-2032)
13.5 Others
14 Market Dynamics
14.1 SWOT Analysis
14.1.1 Strengths
14.1.2 Weaknesses
14.1.3 Opportunities
14.1.4 Threats
14.2 Porter’s Five Forces Analysis
14.2.1 Supplier’s Power
14.2.2 Buyer’s Power
14.2.3 Threat of New Entrants
14.2.4 Degree of Rivalry
14.2.5 Threat of Substitutes
14.3 Key Indicators for Demand
14.4 Key Indicators for Price
15 Value Chain Analysis
16 Competitive Landscape
16.1 Market Structure
16.2 Company Profiles
16.2.1 Litracon Ltd.
16.2.1.1 Company Overview
16.2.1.2 Product Portfolio
16.2.1.3 Demographic Reach and Achievements
16.2.1.4 Certifications
16.2.2 Fapinex LLC
16.2.2.1 Company Overview
16.2.2.2 Product Portfolio
16.2.2.3 Demographic Reach and Achievements
16.2.2.4 Certifications
16.2.3 CRE Panel GmbH (LUCCON)
16.2.3.1 Company Overview
16.2.3.2 Product Portfolio
16.2.3.3 Demographic Reach and Achievements
16.2.3.4 Certifications
16.2.4 LCT GesmbH
16.2.4.1 Company Overview
16.2.4.2 Product Portfolio
16.2.4.3 Demographic Reach and Achievements
16.2.4.4 Certifications
16.2.5 Others
17 Key Trends and Developments in the Market
List of Key Figures and Tables
1. Global Translucent Concrete Market: Key Industry Highlights, 2018 and 2032
2. Global Translucent Concrete Historical Market: Breakup by Application (USD Thousand), 2018-2023
3. Global Translucent Concrete Market Forecast: Breakup by Application (USD Thousand), 2024-2032
4. Global Translucent Concrete Historical Market: Breakup by End Use (USD Thousand), 2018-2023
5. Global Translucent Concrete Market Forecast: Breakup by End Use (USD Thousand), 2024-2032
6. Global Translucent Concrete Historical Market: Breakup by Region (USD Thousand), 2018-2023
7. Global Translucent Concrete Market Forecast: Breakup by Region (USD Thousand), 2024-2032
8. North America Global Translucent Concrete Historical Market: Breakup by Country (USD Thousand), 2018-2023
9. North America Global Translucent Concrete Market Forecast: Breakup by Country (USD Thousand), 2024-2032
10. Europe Global Translucent Concrete Historical Market: Breakup by Country (USD Thousand), 2018-2023
11. Europe Global Translucent Concrete Market Forecast: Breakup by Country (USD Thousand), 2024-2032
12. Asia Pacific Global Translucent Concrete Historical Market: Breakup by Country (USD Thousand), 2018-2023
13. Asia Pacific Global Translucent Concrete Market Forecast: Breakup by Country (USD Thousand), 2024-2032
14. Latin America Global Translucent Concrete Historical Market: Breakup by Country (USD Thousand), 2018-2023
15. Latin America Global Translucent Concrete Market Forecast: Breakup by Country (USD Thousand), 2024-2032
16. Middle East and Africa Global Translucent Concrete Historical Market: Breakup by Country (USD Thousand), 2018-2023
17. Middle East and Africa Global Translucent Concrete Market Forecast: Breakup by Country (USD Thousand), 2024-2032
18. Global Translucent Concrete Market Structure
Key Questions Answered in the Report
In 2023, the global translucent concrete market attained a value of nearly USD 8,789.39 thousand.
The market is projected to grow at a CAGR of 39.9% between 2024 and 2032.
The market is estimated to witness a healthy growth in the forecast period of 2024-2032 to reach USD 1,80,433.82 thousand by 2032.
The major market drivers include rapid urbanisation and industrialisation, the increasing population, surging investments in R&D activities by manufacturers, and growing construction activities.
The key trends guiding the market include rising investments in the construction sector and the increasing demand for energy-efficient building materials.
The major regions in the market are North America, Latin America, the Middle East and Africa, Europe, and the Asia Pacific.
The significant applications of the product include walls, roofing, and flooring.
The various end uses of translucent concrete are residential and non-residential.
The major translucent concrete market players are Litracon Ltd., Fapinex LLC, CRE Panel GmbH (LUCCON), and LCT GesmbH, among others.
Analyst Review
The global translucent concrete market attained a value of USD 8,789.39 thousand in 2023, driven by the rising investments in the construction industry. Aided by the growing technological advancements and improved living standards, the market is expected to witness a further growth in the forecast period of 2024-2032, growing at a CAGR of 39.9%. The market is projected to reach USD 1,80,433.82 thousand by 2032.
EMR’s meticulous research methodology delves deep into the market, covering the macro and micro aspects of the industry. By application, the market can be distributed into walls, roofing, and flooring. The market can be categorised, based on end use, into residential and non-residential. The major regional markets for translucent concrete are North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa. The key players in the above market include Litracon Ltd., Fapinex LLC, CRE Panel GmbH (LUCCON), and LCT GesmbH, among others.
EMR’s research methodology uses a combination of cutting-edge analytical tools and the expertise of their highly accomplished team, thus, providing their customers with market insights that are accurate, actionable, and help them remain ahead of their competition.
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