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What's Driving the Warm Edge Spacer Market Growth? |Ensinger GmbH, Cardinal Glass Industries, Kömmerling, Beijing Huatai Yinhai International Building Materials Co., LTD, AGC Glass North America
Warm Edge Spacer Market
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Deploying sustainable fenestration equipment across the residential and commercial sectors could enhance the business outlook of global warm edge spacer market. According to ACEEE (American Council for an Energy-Efficient Economy) study, deploying fenestration systems across commercial structures could save up to USD 60 billion and reduce over one percent of the energy consumption in the United States by 2030.
The concept of ecological buildings is also increasingly being introduced across the world. Implementation of proactive procedures to reduce energy consumption and introduction of building energy efficiency codes have accelerated the deployment of warm edge spacers.
Company profiled in this report based on Business overview, Financial data, Product landscape, Strategic outlook & SWOT analysis:
1. Ensinger GmbH
2. Cardinal Glass Industries
3. Kömmerling
4. Beijing Huatai Yinhai International Building Materials Co., LTD
5. AGC Glass North America
Warm edge spacers play a crucial role in reducing energy bills of residential structures. Growing concern towards restricting energy consumption coupled with surging urbanization rate may stimulate the warm edge spacers deployment across the residential sector.
The product's high durability and flexibility have encouraged its deployment in new residential project. Additionally, increasing consumer inclination towards thermally energy-efficient systems may boost product adoption.
Of late, traditional spacers are gradually being replaced with warm edge spacer as the product delivers high reliability and efficient performance. This trend of replacing conventional aluminum spacers with stainless-steel, hybrid, or plastic spacers for enhanced energy efficiency may improve the growth dynamics of warm edge spacer market.
The trend of installing double-glazing warm edge spacers to decrease external noise is also expected to generate lucrative opportunities for companies operating in this market. Affordable price index, excellent noise insulation property, easy installation, and better U -value could drive product penetration over the forecast period.
The U.S. is anticipated to offer lucrative growth opportunities to warm edge spacer market on account of burgeoning investments in the real estate sector. Of late, consumers in the United States have aligned their focus towards systems that deliver enhanced thermal efficiency.
In addition to these trends, refurbishment of aging infrastructure has created prominent growth opportunities for industry participants. On this note, studies suggest that the warm edge spacer market of U.S. may record over 4% CAGR by 2026.
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According to the U.S. Geological Survey import statistics, Japan accounted for more than 78% of the total imports during from 2013 to 2016. Presence of prominent aircraft players such as Boeing and Lockheed Martin will likely continue to be major drivers for warm edge spacer market players as they hold a notable share in both civil as well as military aircraft industries.
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Global Market Insights, Inc., headquartered in Delaware, U.S., is a global market research and consulting service provider; offering syndicated and custom research reports along with growth consulting services. Our business intelligence and industry research reports offer clients with penetrative insights and actionable market data specially designed and presented to aid strategic decision making. These exhaustive reports are designed via a proprietary research methodology and are available for key industries such as chemicals, advanced materials, technology, renewable energy and biotechnology.
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