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Warm Edge Spacer Market Size
Warm Edge Spacer Market size valued at USD 550 million in 2020 and is projected to grow at over 4.6% CAGR through 2028. The annual sales is anticipated to exceed 1,600 million meters by 2028. Growing investments towards development of green building infrastructure with stringent energy efficiency protocols across the globe will flourish the industry statistics.
Government stringent laws toward the enhancement of building energy efficiency is likely to support the market demand. Growing measures toward ultraviolet radiations, environmental degradation, temperature performance, and green building will positively impact the industry growth. According to EU energy efficiency directive 2012/27/EU (EED) consumption of building structures needs to be reduced & public owned companies should be refurbished to check power usage in buildings. Increasing adoption of triple pane windows will further complement the market outlook.
The global economy took a severe hard hit by the outbreak of COVID-19 pandemic which also has a subsequent impact on warm edge spacer industry. Complete lockdown measures by the respective governments during the 1st half of 2020 have not only eased ongoing building construction projects but also impacted the global imports of fenestration products. Although the situation has improved a bit after the lifting up of lockdowns and introduction of vaccines in various countries. It has been estimated that by the end of 2021 the industry will achieve its previous growth rate with government various measures to improve their respective economic structure.
The study explains a detailed analysis of global warm edge spacer market and segmented on regional basis of product, glazing window and end-use. Moreover, the market forecasts & estimates are properly aligned with the data signified by government authorities including U.S. Department of Energy, European Council for Energy Efficient Economy (ECEEE), British Fenestration Rating Council (BFRC), Glass and Glazing Federation (GGF), Australian Window Association, and Korea Energy Agency and company reports.
Report Attributes | Details |
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Base Year: | 2020 |
Market Size in 2020: | 550 Million (USD) |
Forecast Period: | 2021 to 2028 |
Forecast Period 2021 to 2028 CAGR: | 4.6% |
2028 Value Projection: | 780 Million (USD) |
Historical Data for: | 2018 to 2020 |
No. of Pages: | 200 |
Tables, Charts & Figures: | 350 |
Segments covered: | Product, End-Use, Glazing Window |
Growth Drivers: |
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Pitfalls & Challenges: |
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High reliability index along with increased output driving the market growth of flexible warm edge spacer
Energy conservation is evolving as a priority factor shaping the market with increased emphasis on lower thermal transmittance values (U-value). Flexible spacer production is streamlined dramatically in response to growing industry fragmentation coupled with increased output and reduced labor. Advanced flexible silicone foam spacers offer high flexibility for natural expansion and contraction of glass and provide considerable improvements in thermal performance. Spacers have demonstrated a significant strength, durability, and performance in the commercial IG, particularly the four-sided silicone structural glazing wall.
Warm Edge Spacer Market Analysis
Double glazed windows segment is expected to witness surge at about 4% CAGR through 2028. These are fitted with the warm edge spacer possess internal edge temperature up to 65% which significantly reduce the condensation risk by enhancing the thermal efficiency. It has been analyzed that double-glazing window with warm edge spacers can offer nearly 1,000 times more thermal insulation as compared to its conventional counterpart by significantly enhancing the efficiency rate by 50%.
Residential application crossed an annual installation of around 640 million meters in 2020 and it is considered as one of the flourishing segments in the global market. Surging urban population which ultimately leading to new construction activities is fueling the market expansion. Furthermore, concerns toward reducing the energy bill amounts will foster the market share.
The Asia Pacific warm edge spacer market is poised to observe a growth rate of more than 6% through 2028 on account of its thermal insulation nature. The demand for the sustainable building products including warm edge spacers are experiencing a significant hike in the region with rising concern towards raising building energy efficiency. As of now the fenestration business in APAC is more focused toward the developing units that has higher thermal performance.
Warm Edge Spacer Market Share
Industry participants are focusing on inorganic strategies mainly M&A and JVs to gain the competitive edge in the global market. These strategies are designed to transform the company’s general business plan for the growth prospects. The market is very competitive as the major companies are holding key revenue share.
The prominent market players profiled in the warm edge spacer industry report comprise of:
- Thermoseal Group
- GED Integrated Solutions
- Ensinger
- SWISSPACER
- Thermo-Tech
- Alu Pro Srl
- HELIMA GmbH
- Technoform
- Hygrade Components
- AGC Glass North America
- Saint Best Group
- Glasslam
- Cardinal Glass Industries. Inc
- Quanex Building Products
- Viracon
- Kömmerling
- Fenzi Group
This market research report on warm edge spacer includes in-depth coverage of the industry with estimates & forecast in terms of “Million Meters & ‘USD” from 2018 to 2028, for the following segments:
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Market, By Product
- Flexible Spacers
- Plastic/Metal Hybrid Spacers
- Stainless Steel Spacers
Market, By End-use
- Residential
- Commercial
Market, By Glazing Window
- Double Glazing
- Triple low-E
The above information has been provided for the following regions and country:
- North America
- U.S.
- Canada
- Europe
- Germany
- UK
- France
- Italy
- Turkey
- Poland
- Russia
- Scandinavia
- Norway
- Sweden
- Denmark
- Finland
- Iceland
- Asia Pacific
- China
- Australia
- Japan
- South Korea
- Rest of World
Frequently Asked Questions (FAQ) :