Warm Edge Spacer Market size to exceed $780 Mn by 2028
Published Date: August 23, 2021 Authors: Ankit Gupta, Aditya Singh Bais
Warm Edge Spacer Market size is expected to surpass USD 780 million by 2028, as reported in the latest study by Global Market Insights Inc.
Growing inclination toward the adoption of sustainable technologies to stabilize the rising energy requirement is driving the warm edge spacer industry growth. Increasing concerns toward building energy emissions has proliferated the requirement for various fenestration products which in turn will fuel the market demand.
However, the sudden outbreak of COVID-19 pandemic has impeded the growth of the warm edge spacer market for the short term. The respective regulatory authorities across the globe had forced stringent procedures and lockdowns due to which various businesses have incurred financial loss in 2020. However, the market is expected to gain momentum as many of the pharmaceutical firms have started distributing desired vaccines for the novel virus.
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Growing deployment of energy efficient fenestration technologies will propel North America market revenue
As of now, the building construction industry across North America is entering into the new era of transformation in which construction majors have primal focus on reducing overall energy expense. To achieve it, they are continually looking to deploy advanced and innovative systems which can effectively optimize and conserve the existing energy consumption pattern. As a result, the demand for various sustainable fenestration products including warm edge spacers is gaining wide momentum and it is anticipated expand over the rate of more than 3% through 2028.
Browse key industry insights spread across 200 pages with 313 market data tables & 37 figures & charts from the report, “Warm Edge Spacer Market Size By Product (Flexible Spacers, Plastic/Metal Hybrid Spacers, Stainless Steel Spacers), By End-use (Residential, Commercial), By Glazing Window (Double Glazing, Triple low-E), COVID-19 Impact Analysis, Regional Outlook, Application Potential, Competitive Market Share & Forecast, 2021 – 2028” in detail along with the table of contents:
Investments across service industry boosting the installation of warm edge spacer
Increasing penetration of service business coupled with strict building energy efficiency protocols and mandates are expanding the demand for the energy efficient warm edge spacer across the commercial spaces. Most of the builders and developers are searching for a new and innovative sustainable solution with high efficiency and low operational cost index. Increasing energy demand with steady rise in the energy tariffs are propelling the commercial building owners to implement affordable clean technologies.
Continuing investments towards the development of commercial complexes and SEZs will further raise the market share. Moreover, government favorable reforms to develop green building infrastructure will create new market opportunities globally. Additionally, persistent construction activities to renovate outdated commercial structures will further play a pivotal role in boosting the warm edge spacer market revenue.
Stringent energy efficiency protocols supplementing plastic/metal hybrid technology demand
Rising installation of hybrid warm edge spacer in the building structures due to the strict energy efficiency measures will augment the market growth. Significantly higher thermal control with lesser u-value & heat-loss are the key paramount factors that will support the demand for hybrid units. Moreover, government incentive policies towards the setting up of sustainable devices will further accelerate the industry demand.
Key players functioning in warm edge spacer market include Technoform, Quanex Building Products, Cardinal Glass Industries. Inc, Glasslam, Kömmerling HELIMA GmbH, GED Integrated Solutions, Ensinger and Hygrade Components amongst others. Investments towards development of new and innovative solutions along with other organic and inorganic measures are some of the key strategies adopted by leading companies gaining prominent market position.
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