Translucent Concrete Segmentation
End-User (Residential, Non- Residential)
The non-residential segment in the translucent concrete market is anticipated to garner the largest revenue of 55% by 2037. The growing investment in commercial construction as a result of the increasing demand for commercial spaces worldwide is propelling the segment’s growth.
In the United States, commercial construction spending totaled around USD 96 billion in 2022. Additionally, the rising emphasis on weather resistance, illumination, appearance, and thermal insulation of commercial buildings, subway stations, highways, and aircraft will promote the use of translucent concrete in commercial constructions.
Furthermore, the translucent concrete can also be used for maintaining traffic safety worldwide by being used in smart lane separators. All these elements collectively support market in this segment.
Application (Facade and Wall Cladding, Roofing, Flooring, Digital Signage)
The façade and wall cladding segment will hold the second-largest market share. The expansion in the demand for energy-saving and eco-friendly building materials such as light transmitting concrete for designing the external appearance of the buildings is counted to boost the use of translucent concrete for façade, wall cladding, and fine architecture of a building. Another benefit of using translucent concrete is the reduction in noise pollution. The walls of the building are made out of translucent materials, the light from outside can efficiently enter inside through the help of optical fibers.
Also, when a sufficient amount of light can enter and brighten the interior of the building, the need for lighting decreases eventually helping in the conservation of energy.
Our in-depth analysis of the global market includes the following segments:
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