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Global Translucent Concrete Market: By Application: Walls, Roofing, Flooring; By End Use: Residential, Non-Residential; Regional Analysis; Historical Market and Forecast (2017-2027); Market Dynamics: SWOT Analysis, Porter’s Five Forces Analysis, EMR’s Key Indicators for Demand; Competitive Landscape; Industry Events and Developments
Global Translucent Concrete Market Outlook
The global translucent concrete market stood at a value of around USD 3,210 thousand in 2020. The market is further expected to grow at a CAGR of 39.9% in the forecast period of 2022-2027 to attain a value of around USD 19,126 thousand by 2026.
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.
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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: Industry Definition and 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.
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.
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.
| REPORT FEATURES | DETAILS |
|---|---|
| Base Year | 2020 |
| Historical Period | 2017-2021 |
| Forecast Period | 2022-2027 |
| Scope of the Report | Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment- Application, End Use, Region |
| Breakup by Application | Walls, Roofing, Flooring |
| Breakup by End Use | Residential, Non-Residential |
| Breakup by Region | North America, Europe, Asia Pacific, Latin America, Middle East and Africa |
| Market Dynamics | SWOT, Porter's Five Forces, EMR’s Key Indicators for Price and Demand |
| Competitive Landscape | Market Structure, Company Profiles- Company Overview, Product Portfolio, Demographic Reach and Achievements, Certifications |
| Companies Covered | Litracon Ltd., Fapinex LLC, CRE Panel GmbH (LUCCON), LCT GesmbH, Others |
| 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. |
*We at Expert Market Research always thrive to give you the latest information. The numbers in the article are only indicative and may be different from the actual 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 Industry Opportunities and Challenges
8 Global Translucent Concrete Market Analysis
8.1 Key Industry Highlights
8.2 Global Translucent Concrete Historical Market (2017-2021)
8.3 Global Translucent Concrete Market Forecast (2022-2027)
8.4 Global Translucent Concrete Market by Application
8.4.1 Walls
8.4.1.1 Market Share
8.4.1.2 Historical Trend (2017-2021)
8.4.1.3 Forecast Trend (2022-2027)
8.4.2 Roofing
8.4.2.1 Market Share
8.4.2.2 Historical Trend (2017-2021)
8.4.2.3 Forecast Trend (2022-2027)
8.4.3 Flooring
8.4.3.1 Market Share
8.4.3.2 Historical Trend (2017-2021)
8.4.3.3 Forecast Trend (2022-2027)
8.5 Global Translucent Concrete Market by End Use
8.5.1 Residential
8.5.1.1 Market Share
8.5.1.2 Historical Trend (2017-2021)
8.5.1.3 Forecast Trend (2022-2027)
8.5.2 Non-Residential
8.5.2.1 Market Share
8.5.2.2 Historical Trend (2017-2021)
8.5.2.3 Forecast Trend (2022-2027)
8.6 Global Translucent Concrete Market by Region
8.6.1 Market Share
8.6.1.1 North America
8.6.1.2 Europe
8.6.1.3 Asia Pacific
8.6.1.4 Latin America
8.6.1.5 Middle East and Africa
9 Regional Analysis
9.1 North America
9.1.1 Historical Trend (2017-2021)
9.1.2 Forecast Trend (2022-2027)
9.1.3 Breakup by Country
9.1.3.1 United States of America
9.1.3.2 Canada
9.2 Europe
9.2.1 Historical Trend (2017-2021)
9.2.2 Forecast Trend (2022-2027)
9.2.3 Breakup by Country
9.2.3.1 United Kingdom
9.2.3.2 Germany
9.2.3.3 France
9.2.3.4 Italy
9.2.3.5 Others
9.3 Asia Pacific
9.3.1 Historical Trend (2017-2021)
9.3.2 Forecast Trend (2022-2027)
9.3.3 Breakup by Country
9.3.3.1 China
9.3.3.2 Japan
9.3.3.3 India
9.3.3.4 ASEAN
9.3.3.5 Australia
9.3.3.6 Others
9.4 Latin America
9.4.1 Historical Trend (2017-2021)
9.4.2 Forecast Trend (2022-2027)
9.4.3 Breakup by Country
9.4.3.1 Brazil
9.4.3.2 Argentina
9.4.3.3 Mexico
9.4.3.4 Others
9.5 Middle East and Africa
9.5.1 Historical Trend (2017-2021)
9.5.2 Forecast Trend (2022-2027)
9.5.3 Breakup by Country
9.5.3.1 Saudi Arabia
9.5.3.2 United Arab Emirates
9.5.3.3 Nigeria
9.5.3.4 South Africa
9.5.3.5 Others
10 Market Dynamics
10.1 SWOT Analysis
10.1.1 Strengths
10.1.2 Weaknesses
10.1.3 Opportunities
10.1.4 Threats
10.2 Porter’s Five Forces Analysis
10.2.1 Supplier’s Power
10.2.2 Buyer’s Power
10.2.3 Threat of New Entrants
10.2.4 Degree of Rivalry
10.2.5 Threat of Substitutes
10.3 EMR’s Key Indicators for Demand
10.4 EMR’s Key Indicators for Price
11 Value Chain Analysis
12 Competitive Landscape
12.1 Market Structure
12.2 Company Profiles
12.2.1 Litracon Ltd.
12.2.1.1 Company Overview
12.2.1.2 Product Portfolio
12.2.1.3 Demographic Reach and Achievements
12.2.1.4 Certifications
12.2.2 Fapinex LLC
12.2.2.1 Company Overview
12.2.2.2 Product Portfolio
12.2.2.3 Demographic Reach and Achievements
12.2.2.4 Certifications
12.2.3 CRE Panel GmbH (LUCCON)
12.2.3.1 Company Overview
12.2.3.2 Product Portfolio
12.2.3.3 Demographic Reach and Achievements
12.2.3.4 Certifications
12.2.4 LCT GesmbH
12.2.4.1 Company Overview
12.2.4.2 Product Portfolio
12.2.4.3 Demographic Reach and Achievements
12.2.4.4 Certifications
12.2.5 Others
13 Industry Events and Developments
List of Figures and Tables
1. Global Translucent Concrete Market: Key Industry Highlights, 2016 and 2026
2. Global Translucent Concrete Historical Market: Breakup by Application (USD Thousand), 2017-2021
3. Global Translucent Concrete Market Forecast: Breakup by Application (USD Thousand), 2022-2027
4. Global Translucent Concrete Historical Market: Breakup by End Use (USD Thousand), 2017-2021
5. Global Translucent Concrete Market Forecast: Breakup by End Use (USD Thousand), 2022-2027
6. Global Translucent Concrete Historical Market: Breakup by Region (USD Thousand), 2017-2021
7. Global Translucent Concrete Market Forecast: Breakup by Region (USD Thousand), 2022-2027
8. North America Global Translucent Concrete Historical Market: Breakup by Country (USD Thousand), 2017-2021
9. North America Global Translucent Concrete Market Forecast: Breakup by Country (USD Thousand), 2022-2027
10. Europe Global Translucent Concrete Historical Market: Breakup by Country (USD Thousand), 2017-2021
11. Europe Global Translucent Concrete Market Forecast: Breakup by Country (USD Thousand), 2022-2027
12. Asia Pacific Global Translucent Concrete Historical Market: Breakup by Country (USD Thousand), 2017-2021
13. Asia Pacific Global Translucent Concrete Market Forecast: Breakup by Country (USD Thousand), 2022-2027
14. Latin America Global Translucent Concrete Historical Market: Breakup by Country (USD Thousand), 2017-2021
15. Latin America Global Translucent Concrete Market Forecast: Breakup by Country (USD Thousand), 2022-2027
16. Middle East and Africa Global Translucent Concrete Historical Market: Breakup by Country (USD Thousand), 2017-2021
17. Middle East and Africa Global Translucent Concrete Market Forecast: Breakup by Country (USD Thousand), 2022-2027
18. Global Translucent Concrete Market Structure
Key Questions Answered in the Report
In 2020, the global translucent concrete market attained a value of nearly USD 3,210 thousand.
The market is projected to grow at a CAGR of 39.9% between 2021 and 2026.
The market is estimated to witness a healthy growth in the forecast period of 2022-2027 to reach USD 19,126 thousand by 2026.
The major drivers of the industry, such as the increased focus on aesthetics of a building, rapidly increasing population, increased urbanisation, growing construction industry, and the increased investments in research and development activities by the leading concrete manufacturers, are expected to aid the market growth.
The key market trends guiding the growth of the industry include the rising investments in the construction industry and the increasing demand for energy-efficient building materials.
The major regions in the industry 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 major end use segments include residential and non-residential.
The major players in the industry are Litracon Ltd., Fapinex LLC, CRE Panel GmbH (LUCCON), LCT GesmbH, and others.
Analyst Review
The global translucent concrete market attained a value of USD 3,210 thousand in 2020, 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 2022-2027, growing at a CAGR of 39.9%. The market is projected to reach USD 19,126 thousand by 2026.
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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