Europe Warm Edge Spacer Market Size

Europe Warm Edge Spacer Market Size

Europe Warm Edge Spacer Market size exceeded USD 220 million in 2020 and annual sales is anticipated to exceed 790 million meters by 2028. Rising investments towards construction of energy efficiency sustainable building structures that can easily comply with the government’s various energy efficiency directive will raise the industry growth.

Policy makers stringent measures toward the raising of energy efficiency of various building structures is likely to boost the regional industry demand. Growing concerns towards the side effects of UV radiations due to environmental degradation; demand for sustainable fenestration products is increasing extensively. As per the European Union energy efficiency directive 2012/27/EU (EED) energy intake of buildings needs to be lowered & government buildings must be remodeled on high priority to limit existing energy usage. Growing inclination towards implementation of triple low-E glazing windows will further stimulate the market outlook.
 

The European economy has observed severe hard hit through the outbreak of COVID-19 pandemic which has subsequently affected the warm edge spacer industry. Complete lockdown actions by the regional regulators during the first half of year 2020 have not only alleviated ongoing investments on building projects but also affected the imports of various raw products. However, the situation has improved a little mainly after the introduction of vaccines & lifting up of lockdowns various European countries. The industry is expected to attain its earlier growth with regulatory measures to enhance their economic structure by end of 2021.
 

The study explains a detailed analysis of warm edge spacer market across the Europe and segmented on country basis across product, glazing window and end-use. Moreover, the market forecasts & estimates are properly aligned with the data signified by government authorities including European Council for Energy Efficient Economy (ECEEE), British Fenestration Rating Council (BFRC, Certass Limited, Glass and Glazing Federation (GGF), Passive House Institute (PHI), British Standards Institution (BSI), International Organization for Standardization, World Business Council for Sustainable Development and United Nations Industrial Development Organization and company reports.