Here’s How Translucent Concrete Market Growing at CAGR of +80% by 2024 - Focusing Key Players like Litracon Ltd, LUCEM GmbH, Dupont Lightstone, CRE Panel, Pan-United Corporation, Beton Broz

Concrete is one of the important building materials. It plays a vital role in the development of infrastructure and living accommodation. High-rise buildings and skyscrapers are largely built downtown in metropolitan areas around the world, especially in countries with high population, due to the economic development and space utilization requirements. The esthetic reputation of concrete leaves much to be desired despite its versatility and popularity.

The Global Translucent Concrete Market size is estimated to grow at a CAGR of +80% during the forecast period.

The Transparent concrete is a building material with light transmissive properties owing to embedded light optical elements, which are usually optical fibers. It is also called translucent concrete. Aron Losonczi, a Hungary-based architect, first introduced the idea of light transmitting concrete in 2001. He then successfully produced the first transparent concrete block named LiTraCon in 2003. Transparent concrete is made up of light transmitting element usually optical fibers and traditional concrete elements.

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Top Companies profiled in this Report; 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)

The key questions answered in this report:
• What will be the Translucent Concrete Market size and growth rate in the forecast year?
• What are the key factors of Translucent Concrete Market?
• What are the risks and challenges in front of the market?
• What are the trending factors influencing the market shares?
• Who are the key vendors in Translucent Concrete Market?
• What are the key outcomes of Porter’s five forces model?
• Which are the global opportunities for expanding the market?

Translucent Concrete Market Segment by Product Type:
• Transparent or translucent alternatives
• Combination of optical fibers and fine concrete

Translucent Concrete Market Segment by Application:
• Interior cladding
• Ventilated facade systems
• Others

The translucent concrete industry is growing due to the rising awareness towards the use of environmentally friendly construction materials and need for aesthetical products for construction.
The translucent concrete, when used as a building material, allows easy transmission of sunlight light through it and thus helps in conservation of electric energy in the daytime. It also has excellent aesthetical properties and can also be used in interior applications of commercial and residential buildings.

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