The Dutch Brick Market is Anticipated to Witness High Growth Owing to Increasing Infrastructure Development Projects
The Dutch brick market has been growing steadily owing to rising infrastructure development activities in the country. Dutch bricks are extensively used in construction of buildings, roads, and other infrastructure projects. Some key advantages of Dutch bricks include high compressive strength, durability, and ability to withstand all weather conditions. There is a growing demand for bricks from residential and commercial construction sectors. The Dutch government has also announced several investments for infrastructure modernization programs including roads, rail networks, airports expansion, which isexpected to propel brick demand.
The Global Dutch Brick Market is estimated to be valued at US$ 4.19 Bn in 2024 and is expected to exhibit a CAGR of 9.7% over the forecast period 2024 To 2031.
Key Takeaways
Key players operating in the Dutch brick market include QL Foods Sdn Bhd, Al Islami Foods Co., DagangHalal Group, Saffron Road, Kawan Foods Berhad, Janan Meat Ltd, Prima Agri-Products Sdn Bhd, Cargill, Inc., BRF S.A., Nestle S.A., and Tahira Foods Ltd. These players are focusing on capacity expansion and new product launches catering to consumer requirements.
The rising construction of residential and commercial structures presents significant growth opportunities for Dutch Brick Market Demand. Additionally, the recent infrastructure development projects announced by the Dutch government will further drive the demand for bricks. The key players are also expanding their geographical footprint and establishing manufacturing plants in other European countries to leverage new market opportunities.
Further, increasing urbanization and growing population are fueling the need for new residential and infrastructure projects. This provides an impetus for Dutch brick companies to expand globally and establish production facilities in high growth regions to cater to the rising demand. New product launches and innovative offerings are also allowing manufacturers to strengthen their position in the international brick markets.
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