Based on the product trends, Europe warm edge spacer market is segmented into stainless steel spacers, flexible spacers, and plastic/metal hybrid spacers. Flexible spacers, which contributed more than 25% of Europe warm edge spacer market share in 2016, is projected to grow notably over the coming timeframe. Beneficial product features such as resistance to gas leakage as well as moisture penetration are expected to contribute notably towards the revenue.
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Europe warm edge spacer industry share from UK is projected to observe an annual growth rate of 12% over the period of 2017-2024, driven by house insulation to curb energy wastage & depletion. Italy industry, which accounted for over 6% of Europe warm edge spacer market size in 2016, is expected to experience a substantial growth in future. The government has been supporting the construction of green buildings to annihilate carbon footprints, thereby contributing remarkably towards the business space.
Rapid urbanization and industrialization coupled with shift towards energy conservation will augment the warm edge spacer market share. Focus towards technologies to reduce green hose gas emissions over 40% by 2030 as governed under Energy and Climate Framework of European Commission will increase the demand for Europe warm edge spacer market.
Warm edge spacers find major applications across commercial and residential sectors. Europe warm edge spacer market size in the residential sector is forecast to grow at a CAGR of 12% over 2017-2024. Implementation of strict measures to reduce ecological dilapidation and enhance energy efficiency will constructively leverage the industry landscape.
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Europe Warm Edge Spacer Market growth will be driven by increasing focus towards lower thermal transmittance. European Union has analyzed that 40% of total energy consumption is accounted by buildings. Amendments in Energy Performance of Buildings Directive has been introduced to encourage the deployment of sustainable and smart technologies across buildings.
As per 2030 energy strategy, countries belonging to the European Union have set the target to curb carbon emissions by more than 40% till 2030. They have also decided to promote the prominent use of green technologies for fulfilling its long-term goal of minimizing GHG emission levels by 2050. According to Global Market Insights, Inc., “Europe Warm Edge Spacer Industry revenue, estimated at USD 100 million in 2016, is projected to surpass USD 250 million by 2024.” Growing need for protecting the constructions from ultraviolet radiations along with rising trend towards thermal insulation of windows for energy preservation will augment Europe warm edge spacer market share.
Table Of Content For This Research Report:
Chapter 5 Warm Edge Spacer Market, By End-Use
5.1 Warm edge spacer market share by end-use, 2016 & 2024
5.1.1 Europe market estimates and forecast from end-use, 2013 – 2024
5.2.1 Europe market estimates and forecast residential, 2013 – 2024
5.3.1 Europe market estimates and forecast from commercial, 2013 – 2024
Chapter 6 Warm Edge Spacer Market, By Glazing Window
6.1 Warm edge spacer market share by glazing window, 2016 & 2024
6.1.1 Europe market estimates and forecast from glazing window, 2013 – 2024
6.2 Double Glazing
6.2.1 Europe market estimates and forecast double glazing, 2013 – 2024
6.3 Triple low-E
6.3.1 Europe market estimates and forecast from triple low-E, 2013 – 2024
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