Market Dynamics
The architectural flat glass market in the Benelux region is expected to showcase positive growth in the forecast period 2018 to 2032. This growth is particularly attributed to increasing demand from the construction sector, notably from residential and commercial buildings. The Benelux region is one of the active markets for the flat glass, with an increased demand from various sectors including transportation, marine, energy and power, and chemical. Key drivers of the Benelux architectural flat glass market growth include rising demand from the construction, automotive, and defense industry. Moreover, growing investment in the Benelux region for the improvement of infrastructure, such as construction of high-rise commercial buildings and offices, and renovation of existing structures is expected to drive the demand for architectural flat glass. Furthermore, increasing consumer preferences towards architectures using big flats panels and toughened glass for partitions, facades, and walls in residential and commercial buildings is expected to create potential opportunities for the market. In terms of product type, the demand for Low-E coated glass and solar control glass is expected to grow in the forecast period.
Growing awareness about energy efficiency and environment safety, and the need for energy efficiency in homes have catalyzed the demand for Low-E glass. The solar control glass is designed with a microstructure of wires or stripes that reduce the glare and direct the sunlight flow to the consumer's control. In addition, the demand for the glass coated with special paint-like coating has grabbed its attention as these glasses are more resistant to corrosion and rust. The future of Benelux architectural flat glass market is expected to increase with technological advancements in the industry, both in terms of product and applications. The government initiatives encouraging building operations that are energy efficient and environment friendly are also expected to grow the market. Furthermore, the benelux region has been at the forefront of the shift towards green building, and technological advancements such as the use of smart glasses shall further drive the demand for flat glasses.
