Europe Warm Edge Spacer Market share to reach $250mn by 2024

The research report “Europe 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), Industry Analysis Report, Regional Outlook (Germany, UK, France, Italy, Turkey, Poland, Russia), Growth Potential, Price Trends, Competitive Market Share & Forecast, 2017 – 2024”, by Global Market Insights, Inc. says Europe Warm Edge Spacer Market size will exceed USD 250 million by 2024; impelled by rising demand for energy conservation.

Growing focus towards enhancement of building envelope by deployment of lower thermal transmittance (U-value) fenestration products will fuel the warm edge spacer market size. According to recent study conducted by European Union it has been analyzed that buildings account for over 40% of the total energy consumption across the region. In 2016, the commission also introduced new amendments in the Energy Performance of Buildings Directive to promote the adoption of sustainable and smart technologies across the buildings.

Growing measures to curb the carbon and sulphur emissions level will positively drive the warm edge spacer market growth. Improvement in living standards in the past two decades augmented the demand for air conditioning systems which subsequently contributes to high emissions including greenhouse gases. In 2016, over 5% of the residential and 27% of non-residential buildings in Europe were air-conditioned. In 2014, France has introduced its energy efficiency action plan pursuant to Article 3 of Directive 2012/27/EU in line with reducing fuel consumption to 131.4 Mtep by 2020.

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Germany warm edge spacer market is set to exceed 100 million meters in terms of unit shipment by 2024. German fenestration industry is steadily gravitating towards manufacturing energy efficient products to comply with the rigorous legislations including the Passive House (Passivhaus) Standard. Strict energy performance directives coupled with EU target for zero emission buildings by 2020 will further complement the industry growth. The country is a host to numerous leading manufacturers and distributors including Technoform, SWISSPACER and Quanex facilitating the upgradation of the business.

Strict regulatory requirements with increasing preferences for thermal-efficient windows will fuel the Plastic/metal hybrid warm edge spacer market. These spacers exhibit compliance with the Building Regulations of the UK and the European standards including the EN1279 (Part 3) requiring argon loss less than 1 percent per year.

Rising adoption of glazing windows over conventional along with growing measures towards energy conservation will stimulate the Turkey warm edge spacer market share. Ministry of Environment and Urbanization (MoEU) has introduced programs including DKTI and Energy Efficiency in Public Buildings which will positively influence the business landscape. Urbanization rate of the country has increased from 52.9% in 1990 to over 75% in 2016 which in turn has propelled the demand for energy efficient products.

Russia warm edge spacer market accounted for over 15% of the Europe share in 2016. The country’s energy efficiency programs have witnessed two-fold growth after the introduction of a series of major policies and reforms pertaining to improve the consumption pattern. Regulators are targeting to reduce the energy consumption per unit of GDP to 40% from 2007 level.

Key players across the Europe warm edge spacer market comprise of GED Integrated, DGS, ALU-PRO, SWISSPACER, Fenzi, Glasslam, Thermoseal, Ensinger, Cardinal Glass, Kömmerling, Hygrade, Technoform Glass Insulation, Helima, Allmetal and Edgetech.

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