February 28, 2020
According to the recent study titled ‘North America Warm Edge Spacer Market Share By End-use, Product, Industry Analysis Report, Regional Analysis, Application Potential, Price Trend, Competitive Market Share & Forecast, 2020 – 2026’, available with Marketstudyreport.com, North America warm edge spacer market is expected to register significant growth over the forecast timeline.
Stringent norms for efficient energy use in buildings coupled with growing product adoption in the service sector are driving the growth of North America warm edge spacer market. Minimum internal heat loss, high thermal conductivity, and high insulation are the key factors encouraging the product adoption. In addition, growing environmental concerns will further drive the product installation in the coming years.
Based on the product landscape, North America warm edge spacer market is categorized into plastic/metal, flexible spacers, hybrid spacers, and stainless-steel spacers. Flexible spacers segment is anticipated to grow considerably during the analysis period, owing to increasing measures to lower electricity costs in conjunction with increasing demand for energy rated windows. These products offer low cost, high energy efficiency, heat loss prevention, enhanced U-Value and reduced sealant stress which is projected to promote segmental growth in the ensuing years.
In terms of glazing window, North America warm edge spacer market is segmented into double glazing, and triple low-E. Double glazing segment is anticipated to account for a significant share of North America warm edge spacer market, on account of easy availability and affordability. Escalating demand for the installation of advanced window spacers across regions with extreme winter conditions will positively impact the segment growth in the forthcoming years.
Elaborating on the end-use spectrum, North America warm edge spacer market is bifurcated into residential and commercial. Residential segment is projected to witness sizeable growth during the study period, on account of strict energy efficiency regulations coupled with increasing investments on green building projects. Cost efficiency, high thermal insulation, and easy installation are the underlying factors favoring the product demand across the residential sector.
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As per the regional analysis, North America warm edge spacer market is divided into U.S and Canada. Canada warm edge spacer market is slated to grow substantially during 2020-2026. The growth can be attributed to the rising trend of enhancing the environmental performance of buildings. Furthermore, ongoing investments towards sustainable buildings in conjunction with implementation of energy efficiency mandates will stimulate the regional market growth in the coming years.
Major players of North America warm edge spacer market are ALU-PRO Srl, HELIMA gmbh, Ensinger, Hygrade Components, GED Integrated Solutions, JE Berkowitz, Allmetal Inc., Fenzi Group, Glasslam, Quanex Building Products, and Cardinal Glass Industries Inc. amongst others.