Translucent Concrete Market Is Expected To Grow USD 94.2 Million By 2026
Market Summary
Market Size – USD 875 Thousand in 2018, Market Growth - CAGR of 80.0% for the year 2026, Market trends – Increasing demand in the application of translucent concrete such as facade and wall cladding, flooring as well as the end-use industry in construction and infrastructure. According to the current analysis of Reports and Data, the global Translucent Concrete market was valued at USD 875 Thousand in 2018 and is expected to reach USD 94.2 Million by the year 2026, at a CAGR of 80.0%. Translucent concrete is a fine material with various applications in the construction industry, such as buildings, furniture, and the ornament industry. Translucent concrete utilizes sunlight as a source of light to reduce the consumption of power for illumination. Because of the lesser energy used by translucent concrete, sunlight is used as a light source in the daytime.
Market Summary Our Approach There are three layers in Optical fiber as core, cladding and buffer coating or jacket. Transmission of light takes place through the core of the optical fiber. Like any other aggregate this fiber blends into the concrete. These optical fibers have the ability to transmit light from natural and artificial sources into spaces which are further enclosed by the translucent concrete panels.
Transmission of light in the optical fiber takes place even at an incident angle greater than 60 degrees, because of which it is highly used. Transparent concrete does not contain coarse aggregates, it is manufactured using fine materials only. There has been a lack of awareness among the masses for the use and benefits of translucent concrete, which hampers its growth. But there has been increase in the research and development by knowing the fact and benefits provided by the usage of translucent concrete, which thereby expected to fuel the market growth in the near future. Most of the large scale civil engineering structures such as tall buildings, underground buildings, big structures around the world as based on artificial lighting for illumination. These buildings in most of the places are stack together to each, and there is no natural light passing through them. Translucent concrete finds its application in such an area, thereby having many optical fibres into concrete light can transmit effectively with no loss conducted in the fibres. Request for a sample of this research report @ https://www.reportsanddata.com/sample-enquiry-form/2101
Market Summary Our Approach Further key findings from the report suggest The market for translucent concrete is anticipated to grow at a CAGR of 1% in the Middle East and Africa, followed by Europe and North America, with 79% and 73% CAGR, respectively. Increasing demand for green buildings for construction and infrastructure, robust growth in the fine concrete materials are the key factors to accelerate market growth during the forecast period across all regions. As of 2018, the facade and wall cladding segment was valued at USD 756 thousand. The translucent concrete, when used in facade & wall cladding, offers natural light transmission and saves electrical energy. It also provides high strength due to the presence of concrete as a raw material has one of the reasons for the growth of the translucent concrete market. The penetration of translucent concrete structures into the Asia-Pacific region is primarily due to population growth, leading to high electrical energy consumption in the region, especially in India, Japan, and China China’s Transportation Ministry of Science and Technology in April 2018 has announced the construction of smart roads which will charge the cars automatically. The road will be paved with electric battery, sensors and solar panels which will be embedded underneath a translucent concrete. To identify the key trends in the industry, click on the link below: https://www.reportsanddata.com/press-release/globaltranslucent-concrete-market
Market Summary Our Approach Key participants - Litracon Ltd, Lucem GmbH, Dupont Lightstone, Cre Panel GmbH, Italcementi Spa, Pan-United Corporation Ltd, Beton Broz, Glass Block Technology Limited, Florack Bauunternehmung GmbH, and Illuminart. For the purpose of this report, Reports and Data have segmented into the global Textile Chemicals market on the basis of fiber type, dye type, application, and region:
Raw Material (Revenue in USD Thousand; Volume in Tons, 2016–2026) Fine Concrete Optical Elements Application (Revenue in USD Thousand; Volume in Tons, 2016–2026) Facade & Wall Cladding Flooring Others
Market Summary Our Approach End-Use Industry (Revenue in USD Thousand; Volume in Tons, 2016–2026) Construction & Infrastructure Others Furniture Ornament Order Now: https://www.reportsanddata.com/checkout-form/2101
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