The global translucent concrete market is anticipated to grow at a considerable CAGR of 35% during the forecast period (2022-2028). As translucent concrete enables the construction of solid, insulating walls and it allows the passage of daylight that in turn facilities the reduction of inefficient windows and electric lighting costs among other features the material is in demand and the key players are investing more in the industry. The key companies operating in the industry are highly inclined towards the adoption of different growth strategies including capacity expansion, partnerships, mergers and acquisitions, geographical expansion, new product launches, and product innovation to remain competitive in the marketplace this is anticipated to positively impact significant market growth.
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Hence owing to the development and manufacturing of innovative solutions the translucent concrete market is augmenting its growth over the forecast period. For instance, in August 2021, Vinci collaborated with Lumineo to design a wall made from translucent concrete for the entrance hall of its new group headquarters in Paris. With this partnership, Lumineo has built a huge wall measuring 80 square meters made from translucent concrete and images can be projected through the wall using LEDs. The material translucent concrete was developed internally by the startup based in Porrentruy and the new wall is named Lumistone.
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Market Coverage
- The market number available for – 2021-2028
- Base year- 2021
- Forecast period- 2022-2028
- Segment Covered-
o By Material
o By Application
o By End-User
- Regions Covered-
o North America
o Europe
o Asia-Pacific
o Rest of the World
- Competitive Landscape- Dupont Lightstone, Glass Block Technology Ltd, Italcementi SpA, Litracon ltd, Lucem GmbH, MaterialDistrict, Stylepark AG, and others.
Key questions addressed by the report
- What is the market growth rate?
- Which segment and region dominate the market in the base year?
- Which segment and region will project the fastest growth in the market?
- How has COVID-19 impacted the market?
o Deviation from the pre-COVID-19 forecast
o Most affected region and segment
- Who is the leader in the market?
- How players are addressing challenges to sustain growth?
- Where is the investment opportunity?
Global Translucent Concrete Market Report Segment
By Material
- Fine Concrete
- Optical Fibers
By Application
- Façade and Wall Cladding
- Flooring
- Digital Signage
- Other (Roofing, benches, reception desks, lamps)
By End-User
- Construction and Infrastructure
- Ornament and Furniture
- Other (Residential, Commercial)
