Warm Edge Spacer Market to Cross Annual Installations of 1,500 Million Meters by 2024
Oct 17, 2019
The U.S. warm edge spacer market will witness appreciable growth owing to the implementation of strict energy regulations from the federal and state government agencies, prevalent across fenestration industry
Selbyville, United States - October 17, 2019 /MarketersMedia/ —
Commercial warm edge spacer market is set to witness sturdy growth on account of increasing penetration of service sector along with stringent building energy efficiency norms. Ongoing construction activities for the refurbishment of existing commercial building structures will further complement the industry landscape. The increasingly growing concerns regarding energy conservation stand as a primary factor for the expansion of warm edge spacer market over 2017-2024. Strictly speaking, traditional single and double pane window glasses are ineffective when it comes to insulation, leading to higher energy spending to maintain comfortable indoor temperature. Indeed, studies demonstrate that 80% of energy loss occurs through windows, adding to carbon emission levels in the environment and increased fuel bills.
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Speaking of regulations, in 2014 the Energy Saving Regulation was implemented by the German Federal Government that aimed at the overall reduction of energy values in new construction by 25%. The regulation was made functional from January 2016 and the chief goal of the regulation was to establish for buildings a near zero energy standard. The Energy Saving Regulation is in fact, expected to become more stringent by 2021. In order to adhere to regulations of a similar kind, companies partaking in warm edge spacer market share are required to develop products with higher performance standards.
Growth drivers: -
1) Rising demand for energy conservation
2) Growing awareness to curb carbon emissions
3) Rapid industrialization and commercialization
4) Increasing adoption of energy efficient windows
In recent times, the regulatory framework governing warm edge spacer market is expected to become even stricter, owing to which manufacturers have been reviewing the materials and technology they have been using in their products. The National Fenestration Rating Council of U.S.A. has approved a mandate for insulating glass certification before it can be labelled for Energy Star. This will require manufacturers to redesign their glass and include low emissivity and warm edge technology.
Rapid urbanization and industrialization coupled with escalating focus toward energy conservation will fuel the global warm edge spacer market share. Adoption of this technology in buildings ensure high thermal insulation and reduced energy losses, resulting in lower heating bills. Government ventures including the Environmental Protection Agency's Energy Star Program require Insulated Glass (IG) manufacturers to include the true warm edge spacer technology in compliance with minimum energy performance criteria.
The U.S. warm edge spacer market will witness appreciable growth owing to the implementation of strict energy regulations from the federal and state government agencies, prevalent across fenestration industry. The National Fenestration Rating Council has mandated insulating glass certification across the nation, as a prerequisite for the Energy Star label, thereby paving a way for the vigorous industry progression.
Browse key industry insights spread across 198 pages with 305 market data tables & 12 figures & charts from the report, “Warm Edge Spacer Market” in detail along with the table of contents @ https://www.gminsights.com/industry-analysis/global-warm-edge-spacer-market
Key players operating in the industry include: Swisspacer, Technoform Glass Insulation, Edgetech (Quanex), Ensinger, Allmetal, AGC Glass, Viracon, Saint Best Group, Alu-Pro, Cardinal Glass Industries, Thermoseal and others.
With energy conservation and regulatory bodies striving to achieve zero net buildings, warm edge spacer market is set to witness substantial growth in the ensuing years. Not to mention, construction industry players have also been demanding high performance warm edge spacers that also ensure structural safety. The expanding construction space, in tandem with a stringent regulatory frame of reference, are thus likely to majorly impel warm edge spacer industry, forecast to cross 1,500 million meters of installation by 2024.
Major Key Points from Table of Content:
Chapter 5. Warm Edge Spacer Market, By End-Use
5.1. Warm edge spacer industry share by end-use, 2016 & 2024
5.2. Residential
5.2.1. Global market from residential, 2013 – 2024
5.2.2. Global market from residential, by region, 2013 – 2024
5.3. Commercial
5.3.1. Global market from commercial, 2013 – 2024
5.3.2. Global market from commercial, by region, 2013 – 2024
Chapter 6. Warm Edge Spacer Market, By Glazing Window
6.1. Warm edge spacer industry share by glazing window, 2016 & 2024
6.2. Double Glazing
6.2.1. Global market double glazing, 2013 – 2024
6.2.2. Global market from double glazing, by region, 2013 – 2024
6.3. Triple low-E
6.3.1. Global market from triple low-E, 2013 - 2024
6.3.2. Global market from triple low-E, by region, 2013 – 2024
Browse complete Table of Contents (ToC) of this research report @ https://www.gminsights.com/toc/detail/global-warm-edge-spacer-market
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