NEW YORK, Oct. 21, 2019 /PRNewswire/ --
The translucent concrete market is projected to register a
CAGR of 80.0% during the forecast period.
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https://www.reportlinker.com/p05823560/?utm_source=PRN
The translucent concrete market is projected to grow at a
significant rate.The increasing demand for building
energy-efficient buildings is driving the growth of the translucent
concrete industry.
The translucent concrete has the ability to pass light through
it.It consists of optical elements such as optical fibers, glass
rods, and resins that offer the light-transmitting property to the
translucent concretes.
The growing urbanization, the increasing spending power, demand for
aesthetical and decorative buildings, and need for energy
conservation has driven the market for translucent concretes.
Optical elements is the fastest-growing raw material of translucent
concrete, in terms of value.
The translucent concrete is made of two raw materials, namely
concrete and optical elements.Translucent concrete is approximately
composed of 96% concrete and 4% optical elements.
The optical elements can be combined easily with concrete.The
optical element, is the key raw material used in the manufacturing
of translucent concretes without which the main characteristic of
transparency is not achieved.
The optical elements have the capability to illuminate in the
presence of natural as well as artificial light.
Flooring is the fastest-growing application of translucent
concrete, in terms of value.
The flooring application covers usage of translucent concrete for
residential floorings, commercial building floorings, restaurant
floorings, staircases, and highway construction, among others.The
translucent concrete, when used in flooring applications, helps in
enhancing the aesthetical look.
For instance, the translucent concrete blocks when used in floors,
it looks like normal concrete blocks in the daytime, however, due
to an artificial illumination beneath the blocks, it shines in
different colors in the dark. The use of translucent concrete
blocks in flooring applications of residential floorings,
commercial building floorings, restaurant floorings, staircases,
mainly meets aesthetical requirements of construction.
Construction & Infrastructure is the fastest-growing end-use
industry of translucent concrete, in terms of value.
The translucent concrete has the ability to pass light through
it.It consists of optical elements such as optical fibers, glass
rods, and resins that offer the light-transmitting property to the
translucent concretes.
The growing urbanization, the increasing spending power, demand for
aesthetical and decorative buildings, and need for energy
conservation has increased the application for translucent
concretes in construction & infrastructure industry.
MEA is the largest, and APAC is the fastest-growing translucent
concrete market.
MEA is the largest region in the translucent concrete market due to
the high demand for the material in the construction sector.The
construction industry in the area is growing at a considerable
pace.
The increased government spending on construction projects is a
major factor supporting the growth of construction industry in the
region. UAE, Oman, Qatar, Saudi
Arabia, Egypt, and Irans
will drive most of the region's construction activity.
APAC is projected to register the highest CAGR in terms of value
and volume in the global translucent concrete market during the
forecast period.The demand for translucent concrete in APAC would
grow owing to increasing use in roadways.
The translucent concrete would be used beneath solar panels on the
highway and would use natural sunlight for illumination of roads,
thereby providing road safety.
This study has been validated through primaries conducted with
various industry experts, globally. These primary sources have been
divided into the following three categories:
• By Company Type- Tier 1- 40%, Tier 2- 33%, and Tier 3- 27%
• By Designation- C Level- 50%, Director Level- 20%, and Others-
30%
• By Region- North America- 20%,
Europe- 50%, APAC- 15%, MEA-10%,
Latin America-5%
The report provides a comprehensive analysis of company profiles
listed below:
• Litracon Ltd (Hungary),
• LUCEM GmbH (Germany)
• Dupont Lightstone (Denmark)
• CRE Panel GmbH (Austria)
• LCT GesmbH (Austria)
• Italcementi SpA (Italy)
• Pan-United Corporation Ltd (Singapore)
• Beton Broz (Czech Republic)
• Glass block technology limited (UK)
• Florack Bauunternehmung GmBH (Germany)
Research Coverage
This report covers the global translucent concrete market and
forecasts the market size until 2024.The report includes the market
segmentation – Raw Material (Concrete, Optical Elements),
Application (Facades & Wall Cladding, Flooring, Others),
End-use Industry (Construction & Infrastructure, Others), and
region (Europe, North America, APAC, Latin America, and MEA).
Porter's Five Forces analysis, along with the drivers, restraints,
opportunities, and challenges are discussed in the report. It also
provides company profiles and competitive strategies adopted by the
major players in the global translucent concrete market.
Key benefits of buying the report:
The report will help market leaders/new entrants in this market
in the following ways:
1. This report segments the global translucent concrete market
comprehensively and provides the closest approximations of the
revenues for the overall market and the sub-segments across
different verticals and regions.
2. The report helps stakeholders understand the pulse of the
translucent concrete market and provides them with information on
key market drivers, restraints, challenges, and opportunities.
3. This report will help stakeholders to understand competitors
better and gain more insights to better their position in their
businesses. The competitive landscape section includes the
competitor ecosystem, new product development, agreement, and
acquisitions.
Reasons to buy the report:
The report will help market leaders/new entrants in this market by
providing them with the closest approximations of the revenues for
the overall translucent concrete market and the sub-segments.This
report will help stakeholders to understand the competitive
landscape and gain more insights and position their businesses and
market strategies in a better way.
The report will also help stakeholders understand the pulse of the
market and provide them with information on key market drivers,
restraints, challenges, and opportunities.
Read the full report:
https://www.reportlinker.com/p05823560/?utm_source=PRN
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