Warm Edge Spacer Market Size

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 1^st 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.