Translucent Concrete Market size was over USD 6.27 million in 2024 and is anticipated to cross USD 897.75 million by 2037, growing at more than 46.5% CAGR during the forecast period i.e., between 2025-2037. In the year 2025, the industry size of translucent concrete is estimated at USD 8.6 million.
The expansion of the global market is fueled by the increasing research & development of construction materials that can aid in energy conservation and the growing adoption of environmentally friendly materials in the green construction processes owing to surging emphasis on constructing zero-waste buildings is estimated to boost the market growth.
For instance, according to the U.S. Environment Protection Agency (EPA) data, buildings account for 39% of the total energy use and 68% of the total electricity consumption in the United States.
Additionally, the increasing innovation in the architectural, engineering, and construction industries and the rising demand for aesthetic products in new construction are expected to widen the market growth.
Author Credits: Shweta Patidar
Copyright © 2024 Research Nester. All Rights Reserved
FREE Sample Copy includes market overview, growth trends, statistical charts & tables, forecast estimates, and much more.
Have questions before ordering this report?