Translucent Concrete Market is driven by Growing Demand for Energy Efficient Buildings
Translucent concrete, also known as light-transmitting or translucent concrete, is a concrete containing materials that allow light to pass through small holes or translucent components. It has several advantages such as reducing the need for artificial lighting, enhancing interior experience with natural lighting and energy saving. The material acts as an insulator with thermal and soundproofing qualities. It utilizes passive solar heating and natural lighting to reduce the energy consumption of buildings.
The translucent concrete market is estimated to be valued at USD 1.2 Mn in 2024 and is expected to reach USD 26.8 Mn by 2031, exhibiting a compound annual growth rate (CAGR) of 47.5% from 2024 to 2031.
Key Takeaways
Key players operating in the Translucent Concrete market are Litracon Ltd, LUCEM GmbH, Dupont Lightstone, CRE Panel GmbH, Lightweight Composite Technologies GmbH, Italcementi SpA, PanUnited Corporation Ltd., Beton Broz, Glass block technology limited, Florack Bauunternehmung GmBH, and SRO. The companies are investing in research and development to enhance the light transmission capability and mechanical strength of translucent concrete.
The Translucent Concrete Market Demand for energy efficient green buildings is driving the adoption of translucent concrete across commercial and residential construction sectors. It significantly reduces the consumption of ele
Translucent concrete, also known as light-transmitting or translucent concrete, is a concrete containing materials that allow light to pass through small holes or translucent components. It has several advantages such as reducing the need for artificial lighting, enhancing interior experience with natural lighting and energy saving. The material acts as an insulator with thermal and soundproofing qualities. It utilizes passive solar heating and natural lighting to reduce the energy consumption of buildings.
The translucent concrete market is estimated to be valued at USD 1.2 Mn in 2024 and is expected to reach USD 26.8 Mn by 2031, exhibiting a compound annual growth rate (CAGR) of 47.5% from 2024 to 2031.
Key Takeaways
Key players operating in the Translucent Concrete market are Litracon Ltd, LUCEM GmbH, Dupont Lightstone, CRE Panel GmbH, Lightweight Composite Technologies GmbH, Italcementi SpA, PanUnited Corporation Ltd., Beton Broz, Glass block technology limited, Florack Bauunternehmung GmBH, and SRO. The companies are investing in research and development to enhance the light transmission capability and mechanical strength of translucent concrete.
The Translucent Concrete Market Demand for energy efficient green buildings is driving the adoption of translucent concrete across commercial and residential construction sectors. It significantly reduces the consumption of ele
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