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
— 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.
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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.
Gauging the extensive governmental initiatives toward promoting zero energy buildings especially across developed economies, warm edge spacer industry is certain to gain much from the residential sector over the ensuing years. According to the Green Buildings Council, Washington, D.C. the buildings in U.S. account for almost 25% of the country’s overall electricity consumption and 36% of the energy utilization. Add to it, 30% of the greenhouse gas emission in the country comes from the building sector. These facts have led to a more stringent energy regulatory framework in the fenestration domain- a factor that has brought a renewed attention to warm edge spacer industry in the domestic sector. In fact, residential warm edge spacer market is poised to witness a CAGR of 7% over 2017-2024.
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.
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.
Triple low-E warm edge spacer is anticipated to witness significant growth on account of its reduced energy losses, improved environmental footprint, and enhanced soundproofing. Ability to offer lower annual heating energy requirement while delivering superior thermal comfort will further fuel the production adoption.
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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 size, forecast to cross 1,500 million meters of installation by 2024.
Some 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
5.2.1. Global market from residential, 2013 – 2024
5.2.2. Global market from residential, by region, 2013 – 2024
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
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