Warm Edge Spacer Market - Forecast(2024 - 2030)

Report Code: CMR 67321 Report Format: PDF + Excel

Warm Edge Spacer Market Overview

The Global Warm Edge Spacer market size is forecast to reach US$848.4257 million by 2030, after growing at a CAGR of 4.9% during the forecast period 2024 - 2030. Globally, increasing investments in the development of green building infrastructure with strict energy efficiency protocols will boost industry statistics. Government regulations aimed at improving building energy efficiency are likely to support market demand. Increased efforts to reduce ultraviolet radiation, thermal insulation, environmental degradation, temperature performance, and green building will help the industry grow. According to the EU's energy efficiency directive 2012/27/EU (EED), building structures' energy consumption should be reduced, and public-owned companies should be renovated to reduce power consumption in buildings. Increased use of triple-pane insulated glazing windows will add to the thermoplastic spacers and gain an edge over the market outlook. Warm edge spacers, which minimize heat loss around the edges of insulated glass units, play a crucial role in enhancing the energy efficiency of windows. This trend is driven by both regulatory requirements for energy-efficient construction and consumer preferences for eco-friendly buildings.
 
A major trend in the warm edge spacer market is the innovation and development of advanced materials and technologies. Manufacturers are constantly researching and introducing new materials with improved thermal performance and durability. Additionally, there is a focus on integrating smart technologies into warm edge spacers, such as sensors for monitoring energy usage and optimizing insulation efficiency. These advancements aim to meet the evolving needs of the construction industry for high-performance, cost-effective, and technologically advanced solutions.
 

COVID-19 Impact

The global economy has taken a significant hit as a result of the COVID-19 pandemic, which has also had an impact on the Warm Edge Spacer. Complete lockdown measures implemented by the various governments during the first half of 2020, and this has not only eased ongoing building construction projects, but have also had an impact on global fenestration product imports. Although, following the lifting of lockdowns and the introduction of vaccines in various countries, the situation has improved. By the end of 2022, the industry returned to its previous growth rate, due to state initiatives to improve economic structure. In 2023, the world economy had largely stabilized, bringing normalization in the Warm Edge Spacer Market.
 

Report Coverage

The report: “Warm Edge Spacer Market Report– Forecast (2024-2030)”, by IndustryARC covers an in-depth analysis of the following segments of the Global Warm Edge Spacer Industry.
 
By Type: Flexible Spacers, Plastic/Metal Hybrid Spacers, Stainless Steel Spacers, and Others.
 
By Glazing Window: Double Glazing and Triple low-E.
 
By End-Use Industry: Residential (Private Dwellings, Apartments, Row Houses), Commercial (Office, Industrial Buildings, Healthcare, Hotels and Restaurants, Educational Institutes, (Schools, Universities and Colleges, Research Center), Transport, (Railway Stations, Airports and Others) and Others).
 
By Geography: North America (USA, Canada, and Mexico), Europe (the UK, Germany, France, Italy, Netherlands, Spain, Russia, Belgium, and the Rest of Europe), Asia-Pacific (China, Japan, India, South Korea, Australia, and New Zealand, Indonesia, Taiwan, Malaysia, and the Rest of Asia-Pacific), South America (Brazil, Argentina, Colombia, Chile and the Rest of South America), the Rest of the World (the Middle East, and Africa).
 

Key Takeaways

• Over the forecast period, rising stringent laws and regulations pertaining to the improvement of building energy efficiency are expected to drive sales in the global warm edge spacer market.
• In the coming years, rising measures to control ultraviolet radiation, regulate temperature performance, green building, and protect the environment are also expected to stimulate high growth opportunities in the global warm edge spacer market.
• Increased demand for highly conductive windows in residential, commercial, and industrial construction applications is also driving the global warm edge spacer market revenue higher.
• The demand for double insulated glazing warm edge spacers is being driven by several factors, including a low-price index and ease of installation. Furthermore, an effective noise insulation property with a higher U-value will boost product adoption.
• The fenestration industry in APAC is currently focusing on developing units with higher thermal performance. With rising concern about increasing building energy efficiency, demand for sustainable building products such as warm edge spacers are increasing significantly in the region
Warm Edge Spacer Market Segment Analysis – By Type
 
The plastic/metal hybrid spacer held the largest share in the Global Warm Edge Spacer Market in 2023 and is expected to grow at a CAGR of 4.8% between 2024 and 2030. It’s the most common type of spacer in the market. They are made up of a metal insert and a plastic frame. The metal insert aids in heat transfer from one glass pane to the next, while the plastic frame prevents condensation from forming between the panes. Stainless steel spacers are made up of metal inserts and stainless-steel frames. The metal insert aids in the transfer of heat from one glass pane to the next, while the stainless-steel frame prevents condensation from forming between the panes. They are more effective than hybrid plastic/metal spacers.
 
Warm Edge Spacer Market Segment Analysis – By End-Use Industry
 
The residential construction held the largest share in the Global Warm Edge Spacer Market in 2023 and is expected to grow at a CAGR of 5.7% between 2024 and 2030, owing to the increase in construction of residential buildings across the globe. For instance, in October 2021, the Ministry of Construction of Vietnam proposed VND 30 trillion (US$ 1.3 billion) credit package to build low-cost residential homes for workers. Likewise, MoC had proposed 266 residential housing projects with more than 142,000 units totaling more than 7.1 million square meters across the country in 2021. Another 278 residential projects including 276,000 units with a total area of 13.8 million square meters are currently under development in Vietnam. All of these projects were scheduled to begin in 2022 and are to be completed by the end of 2025. Furthermore, recent insights from Construct Connect state that the US government has funded around US$ 20,000 for the construction of a Real Estate and Development project called One Central Project in Chicago. The project is under the Schematic Design phase and is currently undergoing construction in 2023. In residential applications, the spacer is used in thermal insulation of windows and doors. It helps in reducing the heat loss through the window panes, thereby improving the energy efficiency of buildings. In this way, an increase in the construction of buildings for residential sectors is expected to increase the demand for thermoplastic spacers such warm edge spacer.
 
Warm Edge Spacer Market Segment Analysis – By Geography
 
The North America held the largest share in the Global Warm Edge Spacer Market in 2023 up to 42%. The rise in the number of green buildings and increased demand for energy-efficient windows and doors can be attributed to the region's growth. Furthermore, countries like the United States, Canada, and Mexico are increasingly adopting modern methods to improve the efficiency of their infrastructure, resulting in a higher adoption rate for these products in both the residential and commercial sectors. Government regulations aimed at reducing carbon emissions, as well as rising demand for energy-efficient windows, will propel the global warm edge spacer market forward. According to the American Council for an Energy-Efficient Economy, deploying sustainable fenestration systems across commercial buildings could save up to USD 60 billion and reduce US energy consumption by more than 1% by 2030.
 

Warm Edge Spacer Market Drivers

Increasing Energy Conservation Concerns:
 
With a focus on lower thermal transmittance values, energy conservation is becoming a more important factor in shaping the market. In response to increasing industry fragmentation, increased output, and lower labor costs, flexible spacer production has been dramatically simplified. Advanced flexible silicone foam spacers provide significant improvements in thermal performance while providing high flexibility for natural expansion and contraction of glass. In the commercial IG, particularly the four-sided silicone structural glazing wall, spacers have proven to have significant strength, durability, and performance. Furthermore, a shift in trends toward replacing traditional aluminum spacers with plastic, hybrid, or stainless-steel spacers to ensure energy efficiency will encourage product adoption over available alternatives. Thermoplastic spacers reduce condensation risk by increasing thermal efficiency. It has been determined that a double-glazing window with warm edge spacers can provide nearly 1,000 times more thermal insulation than a conventional window, resulting in a 50% increase in efficiency.
 
Increasing Installation of Triple Low E Glazing Windows:
 
The deployment of triple low-E insulated glazing windows with warm edge spacers is expected to significantly impact the warm edge spacer market in the coming years across European economies. The introduction of stringent energy management and efficiency measures in the countries is one of the main reasons for the increased installation of these. Furthermore, industry statistics for triple low-E glazed window warm edge spacers market could be augmented by goals of reducing carbon footprint to a specific level.
 

Warm Edge Spacer Market Challenges

Availability of Alternatives:
 
Aluminum or regular steel spacers are warm edge spacer alternatives. The most common type of spacer was aluminum. This material has been around for a long time and provides a basic level of performance. Aluminum is a very efficient thermal conductor despite being a structurally strong material. Aluminum spacers allow indoor heat to easily escape to the outside. Furthermore, the aluminum's cold glass edges cause a temperature difference between the glass's center and edges. As a result, condensation can develop on the insulating glass units. The properties of stainless steel and aluminum spacers are similar. Stainless steel, on the other hand, has a thermal conductivity of one-tenth that of aluminum and thus improves condensation resistance. Therefore, the availability of these spacers may limit warm edge spacer market growth.
 
Warm Edge Spacer Industry Outlook
 
Technology launches, acquisitions, and R&D activities are key strategies adopted by players in the Global Warm Edge Spacer Market. Global Warm Edge Spacer top 10 companies are:
  1. HELIMA GmbH
  2. Biesse Group (SWISSPACER)
  3. Sunlight Group Energy Storage Systems (Technoform)
  4. Cardinal Glass Industries, Inc.
  5. Wincove Private Holdings (Hygrade Components)
  6. Beekman Group LLC (GED Integrated Solutions Inc.)
  7. Apogee Enterprises, Inc. (Viracon, Inc.)
  8. AGC Flat Glass North America, Inc
  9. Saint Best Group Limited
  10. Fenzi Group S.p.A.
 
Recent Developments
 
On January 4, 2022, Sunlight Group Energy Storage Systems acquired 70% of Technoform, a Kilkis-based company that designs and manufactures molds and components.
 
1. Warm Edge Spacer Market- Market Overview
    1.1 Definitions and Scope
2. Warm Edge Spacer Market - Executive Summary
    2.1 Key Trends by Type
    2.2 Key Trends by Glazing Window
    2.3 Key Trends by End-Use Industry
    2.4 Key Trends by Geography
3. Warm Edge Spacer Market – Comparative analysis
    3.1 Market Share Analysis- Major Companies
    3.2 Product Benchmarking- Major Companies
    3.3 Top 5 Financials Analysis
    3.4 Patent Analysis- Major Companies
    3.5 Pricing Analysis (ASPs will be provided)
4. Warm Edge Spacer Market - Startup companies Scenario Premium 
    4.1 Major startup company analysis:
        4.1.1 Investment
        4.1.2 Revenue
        4.1.3 Product portfolio
        4.1.4 Venture Capital and Funding Scenario
5. Warm Edge Spacer Market – Industry Market Entry Scenario Premium 
    5.1 Regulatory Framework Overview
    5.2 New Business and Ease of Doing Business Index
    5.3 Successful Venture Profiles
    5.4 Customer Analysis – Major companies
6. Warm Edge Spacer Market - Market Forces
    6.1 Market Drivers
    6.2 Market Constraints
    6.3 Porters Five Force Model
        6.3.1 Bargaining Power of Suppliers
        6.3.2 Bargaining Powers of Buyers
        6.3.3 Threat of New Entrants
        6.3.4 Competitive Rivalry
        6.3.5 Threat of Substitutes
7. Warm Edge Spacer Market – Strategic Analysis
    7.1 Value/Supply Chain Analysis
    7.2 Opportunity Analysis
    7.3 Product/Market Life Cycle
    7.4 Distributor Analysis – Major Companies
8. Warm Edge Spacer Market – By Type (Market Size - US$ Million/Billion)
    8.1 Flexible Spacers
    8.2 Plastic/Metal Hybrid Spacers
    8.3 Stainless Steel Spacers
    8.4 Others
9. Warm Edge Spacer Market – By Glazing Window (Market Size - US$ Million/Billion)
    9.1 Double Glazing
    9.2 Triple low-E
10. Warm Edge Spacer Market – By End Use Industry (Market Size - US$ Million/Billion)
    10.1 Residential
        10.1.1 Private Dwellings
        10.1.2 Apartments
        10.1.3 Row Houses
    10.2 Commercial
        10.2.1 Office
        10.2.2 Industrial Buildings
        10.2.3 Healthcare
        10.2.4 Hotels and Restaurants
        10.2.5 Educational Institutes
            10.2.5.1 Schools
            10.2.5.2 Universities and Colleges
            10.2.5.3 Research Center
        10.2.6 Transport
            10.2.6.1 Railway Stations
            10.2.6.2 Airports
            10.2.6.3 Others
        10.2.7 Others
    10.3 Warm Edge Spacer Market - By Geography (Market Size - US$ Million/Billion)
    10.4 North America
        10.4.1 USA
        10.4.2 Canada
        10.4.3 Mexico
    10.5 Europe
        10.5.1 UK
        10.5.2 Germany
        10.5.3 France
        10.5.4 Italy
        10.5.5 Netherlands
        10.5.6 Spain
        10.5.7 Russia
        10.5.8 Belgium
        10.5.9 Rest of Europe
    10.6 Asia-Pacific
        10.6.1 China
        10.6.2 Japan
        10.6.3 India
        10.6.4 South Korea
        10.6.5 Australia and New Zealand
        10.6.6 Indonesia
        10.6.7 Taiwan
        10.6.8 Malaysia
        10.6.9 Rest of APAC
    10.7 South America
        10.7.1 Brazil
        10.7.2 Argentina
        10.7.3 Colombia
        10.7.4 Chile
        10.7.5 Rest of South America
    10.8 Rest of the World
        10.8.1 Middle East
        10.8.2 Africa
11. Warm Edge Spacer Market – Entropy
    11.1 New Product Launches
    11.2 M&As, Collaborations, JVs and Partnerships
12. Warm Edge Spacer Market – Industry/Segment Competition Landscape 
    12.1 Company Benchmarking Matrix – Major Companies
    12.2 Market Share by Key Geography - Major companies
    12.3 Market Share at Country Level - Major companies
    12.4 Market Share by Key Product Type/Product category - Major companies
13. Warm Edge Spacer Market – Key Company List by Country Premium
14. Warm Edge Spacer Market Company Analysis - Business Overview, Product Portfolio, Financials, and Developments
    14.1 HELIMA GmbH
    14.2 Biesse Group (SWISSPACER)
    14.3 Sunlight Group Energy Storage Systems (Technoform)
    14.4 Cardinal Glass Industries, Inc.
    14.5 Wincove Private Holdings (Hygrade Components)
    14.6 Beekman Group LLC (GED Integrated Solutions Inc.)
    14.7 Apogee Enterprises, Inc. (Viracon, Inc.)
    14.8 AGC Flat Glass North America, Inc
    14.9 Saint Best Group Limited
    14.10 Fenzi Group S.p.A.
 
"*Financials would be provided on a best-efforts basis for private companies"

LIST OF TABLES

1.Global Warm Edge Spacer Market, by Type Market 2023-2030 ($M)
2.Global Warm Edge Spacer Market Analysis and Forecast by Type and Application Market 2023-2030 ($M)
3.Global Warm Edge Spacer Market, by Type Market 2023-2030 (Volume/Units)
4.Global Warm Edge Spacer Market Analysis and Forecast by Type and Application Market 2023-2030 (Volume/Units)
5.North America Warm Edge Spacer Market, by Type Market 2023-2030 ($M)
6.North America Warm Edge Spacer Market Analysis and Forecast by Type and Application Market 2023-2030 ($M)
7.South America Warm Edge Spacer Market, by Type Market 2023-2030 ($M)
8.South America Warm Edge Spacer Market Analysis and Forecast by Type and Application Market 2023-2030 ($M)
9.Europe Warm Edge Spacer Market, by Type Market 2023-2030 ($M)
10.Europe Warm Edge Spacer Market Analysis and Forecast by Type and Application Market 2023-2030 ($M)
11.APAC Warm Edge Spacer Market, by Type Market 2023-2030 ($M)
12.APAC Warm Edge Spacer Market Analysis and Forecast by Type and Application Market 2023-2030 ($M)
13.MENA Warm Edge Spacer Market, by Type Market 2023-2030 ($M)
14.MENA Warm Edge Spacer Market Analysis and Forecast by Type and Application Market 2023-2030 ($M)

LIST OF FIGURES

1.US Global Warm Edge Spacer Industry Market Revenue, 2023-2030 ($M)
2.Canada Global Warm Edge Spacer Industry Market Revenue, 2023-2030 ($M)
3.Mexico Global Warm Edge Spacer Industry Market Revenue, 2023-2030 ($M)
4.Brazil Global Warm Edge Spacer Industry Market Revenue, 2023-2030 ($M)
5.Argentina Global Warm Edge Spacer Industry Market Revenue, 2023-2030 ($M)
6.Peru Global Warm Edge Spacer Industry Market Revenue, 2023-2030 ($M)
7.Colombia Global Warm Edge Spacer Industry Market Revenue, 2023-2030 ($M)
8.Chile Global Warm Edge Spacer Industry Market Revenue, 2023-2030 ($M)
9.Rest of South America Global Warm Edge Spacer Industry Market Revenue, 2023-2030 ($M)
10.UK Global Warm Edge Spacer Industry Market Revenue, 2023-2030 ($M)
11.Germany Global Warm Edge Spacer Industry Market Revenue, 2023-2030 ($M)
12.France Global Warm Edge Spacer Industry Market Revenue, 2023-2030 ($M)
13.Italy Global Warm Edge Spacer Industry Market Revenue, 2023-2030 ($M)
14.Spain Global Warm Edge Spacer Industry Market Revenue, 2023-2030 ($M)
15.Rest of Europe Global Warm Edge Spacer Industry Market Revenue, 2023-2030 ($M)
16.China Global Warm Edge Spacer Industry Market Revenue, 2023-2030 ($M)
17.India Global Warm Edge Spacer Industry Market Revenue, 2023-2030 ($M)
18.Japan Global Warm Edge Spacer Industry Market Revenue, 2023-2030 ($M)
19.South Korea Global Warm Edge Spacer Industry Market Revenue, 2023-2030 ($M)
20.South Africa Global Warm Edge Spacer Industry Market Revenue, 2023-2030 ($M)
21.North America Global Warm Edge Spacer Industry By Application
22.South America Global Warm Edge Spacer Industry By Application
23.Europe Global Warm Edge Spacer Industry By Application
24.APAC Global Warm Edge Spacer Industry By Application
25.MENA Global Warm Edge Spacer Industry By Application