市場調查報告書
商品編碼
1541439
2024-2032 年按操作類型、玻璃類型、組件、最終用途和地區分類的節能窗戶市場報告Energy Efficient Windows Market Report by Operating Type, Glazing Type, Component, End Use, and Region 2024-2032 |
IMARC Group年,全球節能窗市場規模達到212.186億美元。該市場正在經歷顯著成長,主要受到各種技術進步、消費者意識不斷提高和政府激勵措施的推動。對永續建築材料的需求不斷成長以及嚴格的能源效率標準的廣泛採用進一步推動了市場的成長。
主要市場促進因素:主要市場促進因素包括消費者對節能和環境效益意識的不斷提高,這推動了對永續建築材料的需求。嚴格的建築規範和退稅等政府法規和激勵措施進一步鼓勵採用節能窗戶。智慧窗戶和增強型玻璃技術等技術進步提高了節能窗戶的整體性能和吸引力。此外,綠建築認證的興起和對減少碳足跡的重視也為節能窗戶市場的成長做出了積極貢獻。
主要市場趨勢:主要市場趨勢包括技術進步,例如具有電致變色和熱致變色功能的窗戶。隨著對綠色建築認證和環保建築實踐的需求不斷增加,人們也越來越重視永續性。政府的激勵措施和嚴格的建築規範進一步促進了節能窗戶在世界各地的採用。增強的玻璃技術和改進的材料有助於更好的隔熱和節能,同時消費者對環境效益的認知不斷提高,進一步推動了世界各地對節能窗戶的需求。
地理趨勢:北美領先市場主要是由於其嚴格的建築規範和較高的消費者意識。歐洲緊隨其後,永續發展措施和政府激勵措施推動了強勁需求。亞太地區也正在經歷快速成長,這主要是由該地區快速城市化和基礎設施發展所推動的。由於經濟成長和不斷發展的建築標準,拉丁美洲和中東的新興經濟體的採用率也不斷提高。這些區域趨勢凸顯了世界不同地區的多樣化成長動力和市場動態。
競爭格局:節能窗產業的一些主要市場參與者包括 Andersen Corporation、Builders Firstsource Inc.、Deceuninck NV、JELD-WEN Inc.、Marvin、Masco Corporation、PGT Innovations Inc.、Ply Gem Residential Solutions(Cornerstone Building) Brands Inc .)、Schott AG、瑞好集團、VKR Holding A/S 和YKK Corporation 等。
挑戰與機會:市場面臨初始成本高、部分地區消費者意識缺乏等各種挑戰。然而,也存在一些重大機遇,包括政府激勵措施、消費者對永續建築材料不斷成長的需求以及智慧窗戶技術的進步。如今,隨著監管標準變得更加嚴格,新興經濟體的都市化進程不斷加快,市場必將經歷顯著成長。對減少碳足跡和能源消耗的日益關注進一步推動了節能窗戶的採用,從而為節能窗戶市場的成長創造了積極的前景。
技術進步
節能窗戶的技術進步包括採用電致變色和熱致變色技術的智慧窗戶的開發,這些技術分別根據光線和溫度調整色調,從而提高室內舒適度和能源效率。增強型玻璃技術,例如帶有低輻射率塗層的雙層或三層玻璃,可透過最大限度地減少熱傳遞來提高隔熱性。例如,低輻射玻璃是一種節能玻璃,旨在最大限度地減少熱傳遞,同時最大限度地利用自然光。它在冬季將熱量反射回建築物,並在夏季將熱量轉移,有助於降低能源成本。它非常適合澳洲的各種氣候,可保持平衡的熱性能,減少暖氣和冷氣費用,同時保留自然光。此外,在玻璃板之間填充氬氣或氪氣等先進材料以及改進的隔熱墊片進一步促進了節能,降低了建築物的供暖和製冷成本。
日益關注永續性和環境影響
綠色建築認證的需求不斷成長正在推動節能窗戶的採用,這在實現永續發展目標方面發揮著至關重要的作用。這些認證鼓勵使用可透過提高熱性能顯著降低能耗的窗戶,從而降低暖氣和冷氣需求。增強的熱性能有助於減少碳足跡,因為建築物需要更少的能源(通常來自化石燃料)。這種向永續建築實踐的轉變支持環境保護,並為全球應對氣候變遷的努力做出貢獻。例如,田納西州一家工廠的工人正在生產智慧窗戶以應對氣候變遷。窗戶會自動著色以調節光和熱,從而減少 20% 的能源需求。 《通貨膨脹減少法案》提供稅收抵免來推廣這項技術。智慧窗戶已安裝在機場和辦公大樓等不同地點,提供涼爽的環境並節省能源。
有利的政府法規和激勵措施
政府法規透過實施嚴格的建築規範和能源效率標準來推動節能窗戶市場的發展,這些標準和標準強制要求在新建和翻新工程中使用此類窗戶。例如,2024 年 4 月,拜登政府為新的聯邦經濟適用房屋建設引入了更新的能源效率標準,旨在每年為低收入租戶和屋主節省數百萬美元。新標準每年影響估計 15 萬個新單元,預計每個家庭每年平均節省 963 美元,總計節省 7,300 萬美元。一些部門的反對表明了對建築成本增加的擔憂。此外,稅收抵免、回扣和其他經濟激勵措施的提供鼓勵屋主和建築商投資節能窗戶。這些激勵措施使初始成本更易於管理,並促進長期節能,與減少能源消耗和盡量減少環境影響的更廣泛目標保持一致。這種監管支持對於廣泛採用和市場成長至關重要。
IMARC Group提供了每個細分市場的主要趨勢分析,以及 2024-2032 年全球、區域和國家層面的預測。我們的報告根據操作類型、玻璃類型、組件和最終用途對市場進行了分類。
棚
窗扇
雙掛式
固定的
料斗
滑動式
遮陽篷佔據大部分市場佔有率
該報告根據營運類型對市場進行了詳細的細分和分析。這包括遮陽篷、平開式、雙懸式、固定式、漏斗式和滑動式。根據該報告,遮陽篷代表了最大的部分。
遮陽窗因其卓越的隔熱和通風能力而在節能窗市場佔有率中佔據主導地位。這些窗戶位於頂部並向外打開,可提供良好的氣流,同時保持能源效率。例如,遮陽篷有助於減少太陽得熱,朝南的窗戶可減少高達 65% 的太陽熱量,朝西的窗戶可減少高達 75% 的太陽熱量,從而使夏季空調使用量減少 20%。精心打造的可伸縮遮陽篷還可以透過允許免費的太陽能加熱進入空間來在冬季節省能源。它們的設計可防止打開時雨水進入,使其成為各種天氣條件的理想選擇。遮陽篷樣式透過降低暖氣和冷氣成本,顯著節省能源。它們的受歡迎程度源於美學吸引力、功能優勢以及對永續建築實踐的貢獻,使它們成為住宅和商業應用的首選。
雙層玻璃
三層玻璃
其他
雙層玻璃佔產業最大佔有率
報告還提供了基於玻璃類型的詳細市場細分和分析。這包括雙層玻璃、三層玻璃等。報告稱,雙層玻璃佔據了最大的市場佔有率。
由於其卓越的隔熱性能,雙層玻璃佔據了最大的節能窗戶市場。雙層玻璃窗由兩塊以空氣或充氣空間隔開的玻璃板組成,可顯著減少熱傳遞,進而提高建築物的能源效率。這種設計最大限度地減少了冬季的熱量損失,並在夏季保持室內涼爽,從而大大節省了供暖和冷卻成本。日益增強的環保意識、嚴格的建築規範以及對永續建築實踐的需求推動了雙層玻璃的廣泛採用,使其成為節能窗戶解決方案的首選。例如,英國政府提供多項撥款和計劃,幫助屋主和租戶升級到節能雙層玻璃窗。英格蘭的住房升級計劃 (HUG2)、蘇格蘭家庭能源補助和貸款計劃以及北愛爾蘭的平價取暖計劃為低收入家庭提供資金。雖然威爾斯沒有特定的雙層玻璃補助金,但 Nest 計劃為其他節能家居改善提供支援。屋主還可以探索綠色交易貸款、巴克萊綠色家居獎勵以及窗戶安裝商融資等選項,以降低新窗戶的成本。
框架
玻璃
硬體
框架代表領先的細分市場
該報告根據組成部分提供了詳細的市場細分和分析。這包括框架、玻璃和五金。根據該報告,框架代表了最大的部分。
由於框架在整體窗戶性能中發揮關鍵作用,因此它代表了節能窗戶市場的主導部分。由 uPVC、玻璃纖維和複合材料等材料製成的高品質框架可提供卓越的隔熱性能,減少熱橋並提高能源效率。先進的框架設計結合了多個腔室和隔熱裝置,以提高其絕緣性能。對永續建築解決方案和更嚴格的能源規範的需求不斷成長,推動了節能框架的採用,使其成為最大限度提高窗戶熱性能和節能的關鍵組成部分。
住宅
非住宅
住宅在市場上表現出明顯的主導地位
報告還提供了基於最終用途的詳細市場細分和分析。這包括住宅和非住宅。報告顯示,住宅佔據了最大的市場佔有率。
在屋主節能和環境效益意識不斷增強的推動下,住宅領域在節能窗戶市場中表現出明顯的主導地位。隨著能源成本的上升,屋主擴大採用節能窗戶來減少暖氣和冷氣費用。政府對節能家居改善的誘因和回扣進一步推動了這一趨勢。此外,對永續生活和綠色建築實踐的重視導致新建和翻新工程對此類窗戶的需求更高。住宅產業對提高家庭舒適度和減少能源消耗的關注極大地推動了其市場領導地位。
北美洲
美國
加拿大
亞太
中國
日本
印度
韓國
澳洲
印尼
其他
歐洲
德國
法國
英國
義大利
西班牙
俄羅斯
其他
拉丁美洲
巴西
墨西哥
其他
中東和非洲
北美市場領先,佔據最大的節能窗市場佔有率
該報告還對所有主要區域市場進行了全面分析,其中包括北美(美國和加拿大);歐洲(德國、法國、英國、義大利、西班牙、俄羅斯等);亞太地區(中國、日本、印度、韓國、澳洲、印尼等);拉丁美洲(巴西、墨西哥等);以及中東和非洲。報告稱,北美是節能窗戶最大的區域市場。
北美在節能窗戶市場上處於領先地位,由於多種因素,佔據了最大的市場佔有率。該地區嚴格的能源效率法規和建築規範推動了節能窗戶的採用。例如,2023 年 5 月,拜登政府宣布了聯邦資助住宅的新建築能源標準,為家庭節省 35% 以上的能源。該計劃包括更新的建築規範和 8.3 億美元的清潔能源建築改造基金。白宮希望這些措施能減少碳排放並降低能源成本。政府也鼓勵州政府和金融機構支持這些措施的採用和融資。此外,消費者對永續建築實踐的高度認知和需求也有助於市場成長。政府對節能家居改善的誘因和回扣進一步推動了這一趨勢。主要市場參與者的存在和窗戶技術的進步對於維持北美在節能窗戶領域的市場領先地位也發揮著重要作用。
市場研究報告也對市場競爭格局進行了全面分析。也提供了所有主要公司的詳細資料。節能窗戶產業的一些主要市場參與者包括 Andersen Corporation、Builders Firstsource Inc.、Deceuninck NV、JELD-WEN Inc.、Marvin、Masco Corporation、PGT Innovations Inc.、Ply Gem Residential Solutions (Cornerstone Building Brands Inc.) )、 Schott AG、瑞好集團、VKR Holding A/S 和YKK Corporation。
(請注意,這只是關鍵參與者的部分列表,報告中提供了完整列表。)
節能門窗市場競爭激烈,Andersen Corporation、JELD-WEN、Pella Corporation 和 Marvin Windows and Doors 等主要參與者處於行業領先地位。這些公司專注於創新,提供智慧窗戶和低輻射玻璃等先進產品。較小的區域參與者也透過滿足特定的市場需求和偏好做出貢獻。競爭策略包括擴大產品組合、增強分銷網路以及利用政府對永續產品的激勵措施。市場不斷投資研發以提高能源效率和永續性,旨在滿足嚴格的建築規範和消費者對環保解決方案的需求。
2024 年 6 月,Andersen Global 透過與 Celen Corporate Property Valuation & Counseling Inc. 達成合作協議,在土耳其進行擴張。 Celen 擁有 50 年的經驗,為土耳其和全球客戶提供全面的評估服務。 Andersen Global 董事長 Mark L. Vorsatz 對這項合作表達了熱情,強調了 Celen 致力於在估值領域提供一流的客戶服務和專業知識。
2023年4月,全球建築產品製造商JELD-WEN最終以約6.88億澳元的價格將其澳洲業務出售給Platinum Equity。此舉符合 JELD-WEN 最佳化股東價值和簡化營運的策略。該交易預計將於 2023 年第三季完成,將使 JELD-WEN 能夠專注於債務削減。 Platinum Equity 在企業分拆方面擁有豐富的經驗,並看到了澳洲業務的廣闊前景。欲了解更多資訊,請訪問 JELD-WEN 網站。
The global energy efficient windows market size reached US$ 21,218.6 Million in 2023. Looking forward, IMARC Group expects the market to reach US$ 40,640.3 Million by 2032, exhibiting a growth rate (CAGR) of 7.3% during 2024-2032. The market is experiencing significant growth mainly driven by the various technological advancements, the rising consumer awareness and government incentives. The rising demand for sustainable building materials and the widespread adoption of strict energy efficiency standards further propel the market growth.
Major Market Drivers: Key market drivers include the rising consumer awareness of energy savings and environmental benefits which propels the demand for sustainable building materials. Government regulations and incentives like stringent building codes and tax rebates further encourages the adoption of energy efficient windows. Technological advancements like smart windows and enhanced glazing techniques improves the overall performance an appeal of energy efficient windows. Furthermore, the rising trend of green building certification and the emphasis on reducing carbon footprints is also contributing positively to the energy efficient windows market growth.
Key Market Trends: Key market trends include the technological advancements such as windows with electrochromic and thermochromic features. There is also a growing emphasis on sustainability with increased demand for green building certifications and ecofriendly construction practices. Government incentives and strict building codes further promote the adoption of energy efficient windows across the world. Enhanced glazing techniques and improved materials contribute to better insulation and energy savings while rising the consumer awareness of environmental benefits further boosts the energy efficient windows demand across the world.
Geographical Trends: North America leading the market mainly due to its strict building codes and high consumer awareness. Europe follows by closely with a strong demand driven by sustainability initiatives and government incentives. The Asia Pacific region is also experiencing the rapid growth, mainly driven by the rapid urbanization and infrastructure development across the region. Emerging economies in Latin America and the Middle East are also witnessing rising adoption due to economic growth and evolving construction standards. These regional trends highlight diverse growth drivers and market dynamics across different parts of the world.
Competitive Landscape: Some of the major market players in the energy efficient windows industry include Andersen Corporation, Builders Firstsource Inc., Deceuninck NV, JELD-WEN Inc., Marvin, Masco Corporation, PGT Innovations Inc., Ply Gem Residential Solutions (Cornerstone Building Brands Inc.), Schott AG, The REHAU Group, VKR Holding A/S and YKK Corporation, among many others.
Challenges and Opportunities: The market faces various challenges like high initial costs and lack of consumer awareness in some regions. However, there are some significant opportunities as well which includes the government incentives, rising consumer demand for sustainable building materials and technological advancements in smart window technologies. Nowadays as regulatory standards become stricter and urbanization is on the rise across emerging economies, the market is set to experience a significant growth. Rising focus on reducing carbon footprints and energy consumption further propels the adoption of energy efficient windows thereby creating a positive outlook for the energy efficient windows market growth.
Technological Advancements
Technological advancements in energy-efficient windows include the development of smart windows with electrochromic and thermochromic technologies, which adjust their tint in response to light and temperature, respectively, enhancing indoor comfort and energy efficiency. Enhanced glazing techniques, such as double or triple glazing with low-emissivity coatings, improve insulation by minimizing heat transfer. For instance, low-e glass is energy-efficient glazing designed to minimize heat transfer while maximizing natural light. It reflects heat back into buildings during winter and deflects it in summer, contributing to reduced energy costs. Ideal for various Australian climates, it maintains balanced thermal performance, reducing heating and cooling expenses while preserving natural light. Additionally, the use of advanced materials like argon or krypton gas fills between glass panes and improved thermal spacers further boosts energy savings, reducing heating and cooling costs for buildings.
Rising Focus on Sustainability and Environmental Impact
The rising demand for green building certifications is driving the adoption of energy-efficient windows, which play a crucial role in achieving sustainability goals. These certifications encourage the use of windows that significantly reduce energy consumption by improving thermal performance, thereby lowering heating and cooling needs. Enhanced thermal performance helps in reducing carbon footprints, as buildings require less energy, often derived from fossil fuels. This shift towards sustainable construction practices supports environmental conservation and contributes to the global effort to combat climate change. For instance, workers in a Tennessee factory are producing smart windows to combat climate change. The windows automatically tint to regulate light and heat, cutting energy needs by 20%. The Inflation Reduction Act provides tax credits to promote this technology. Smart windows have been installed in various locations, including airports and office buildings, offering cooler environments and energy savings.
Favorable Government Regulations and Incentives
Government regulations are driving the energy-efficient windows market through the implementation of stringent building codes and energy efficiency standards that mandate the use of such windows in new constructions and renovations. For instance, in April 2024, the Biden administration introduced updated energy efficiency standards for new federal affordable housing construction, aiming to save lower-income renters and homeowners millions of dollars annually. The new standards, impacting an estimated 150,000 new units each year, are expected to result in average annual savings of $963 per household and a total savings of $73 million. Opposition from some sectors suggests concerns about increased construction costs. Additionally, the availability of tax credits, rebates, and other financial incentives encourages homeowners and builders to invest in energy-efficient windows. These incentives make the initial costs more manageable and promote long-term energy savings, aligning with broader goals of reducing energy consumption and minimizing environmental impact. This regulatory support is crucial for widespread adoption and market growth.
IMARC Group provides an analysis of the key trends in each segment of the market, along with forecasts at the global, regional, and country levels for 2024-2032. Our report has categorized the market based on operating type, glazing type, component and end use.
Awning
Casement
Double-hung
Fixed
Hopper
Sliding
Awning accounts for the majority of the market share
The report has provided a detailed breakup and analysis of the market based on the operating type. This includes awning, casement, double-hung, fixed, hopper and sliding. According to the report, awning represented the largest segment.
Awning windows dominate the energy efficient windows market share due to their superior insulation and ventilation capabilities. These windows, hinged at the top and opening outward, provide excellent airflow while maintaining energy efficiency. For instance, window awnings help reduce solar heat gain with up to 65% for south-facing windows and up to 75% for west-facing windows, resulting in a 20% decrease in air-conditioner usage during summer months. Well-built retractable awnings can also provide energy savings in winter by allowing free solar heating to enter the space. Their design prevents rain from entering while open, making them ideal for various weather conditions. The awning style contributes significantly to energy savings by reducing heating and cooling costs. Their popularity is driven by the combination of aesthetic appeal, functional advantages, and contribution to sustainable building practices, making them a preferred choice in both residential and commercial applications.
Double Glazing
Triple Glazing
Others
Double Glazing holds the largest share of the industry
A detailed breakup and analysis of the market based on the glazing type have also been provided in the report. This includes double glazing, triple glazing and others. According to the report, double glazing accounted for the largest market share.
Double glazing holds the largest energy efficient windows market share due to its superior thermal insulation properties. Consisting of two glass panes separated by an air or gas-filled space, double-glazed windows significantly reduce heat transfer, enhancing energy efficiency in buildings. This design minimizes heat loss in winter and keeps interiors cooler in summer, leading to substantial energy savings on heating and cooling costs. The widespread adoption of double glazing is driven by growing environmental awareness, stringent building codes, and the demand for sustainable construction practices, making it the preferred choice for energy-efficient window solutions. For Instance, the UK government offers several grants and schemes to help homeowners and tenants upgrade to energy-efficient double glazed windows. The Home Upgrade Scheme (HUG2) in England, the Home Energy Scotland Grant and Loan scheme, and the Affordable Warmth Scheme in Northern Ireland provide funding for low-income households. While there are no specific double glazing grants in Wales, the Nest scheme offers support for other energy-efficient home improvements. Homeowners can also explore options like the Green Deal Loan, Barclays Greener Home Reward, and financing from window installers to reduce the cost of new windows.
Frame
Glass
Hardware
Frame represents the leading market segment
The report has provided a detailed breakup and analysis of the market based on the component. This includes frame, glass and hardware. According to the report, frame represented the largest segment.
Frames represent the leading segment in the energy-efficient windows market due to their critical role in overall window performance. High-quality frames made from materials such as uPVC, fiberglass, and composite materials provide superior insulation, reducing thermal bridging and enhancing energy efficiency. Advanced frame designs incorporate multiple chambers and thermal breaks to improve their insulating properties. The increasing demand for sustainable building solutions and stricter energy codes drive the adoption of energy-efficient frames, making them a pivotal component in maximizing the thermal performance and energy savings of windows.
Residential
Non-Residential
Residential exhibits a clear dominance in the market
A detailed breakup and analysis of the market based on the end use have also been provided in the report. This includes residential and non-residential. According to the report, residential accounted for the largest market share.
The residential sector exhibits clear dominance in the energy-efficient windows market, driven by growing homeowner awareness of energy savings and environmental benefits. With rising energy costs, homeowners are increasingly adopting energy-efficient windows to reduce heating and cooling expenses. Government incentives and rebates for energy-efficient home improvements further boost this trend. Additionally, the emphasis on sustainable living and green building practices has led to higher demand for such windows in new constructions and renovations. The residential sector's focus on enhancing home comfort and reducing energy consumption significantly propels its market leadership.
North America
United States
Canada
Asia-Pacific
China
Japan
India
South Korea
Australia
Indonesia
Others
Europe
Germany
France
United Kingdom
Italy
Spain
Russia
Others
Latin America
Brazil
Mexico
Others
Middle East and Africa
North America leads the market, accounting for the largest energy efficient windows market share
The report has also provided a comprehensive analysis of all the major regional markets, which include North America (the United States and Canada); Europe (Germany, France, the United Kingdom, Italy, Spain, Russia, and others); Asia Pacific (China, Japan, India, South Korea, Australia, Indonesia, and others); Latin America (Brazil, Mexico, and others); and the Middle East and Africa. According to the report, North America represents the largest regional market for energy efficient windows.
North America leads the energy-efficient windows market, accounting for the largest market share due to several factors. The region's stringent energy efficiency regulations and building codes drive the adoption of energy-efficient windows. For instance, in May 2023, the Biden administration announced new building energy standards for federally financed homes, aiming for over 35% energy savings for families. This plan includes updated building codes and an $830 million fund for clean-energy building retrofits. The White House expects these measures to reduce carbon emissions and lower energy costs. The administration is also encouraging state governments and financial institutions to support the adoption and financing of these initiatives. Additionally, high consumer awareness and demand for sustainable building practices contribute to market growth. Government incentives and rebates for energy-efficient home improvements further boost this trend. The presence of key market players and advancements in window technology also play significant roles in maintaining North America's market leadership in the energy-efficient windows sector.
The market research report has also provided a comprehensive analysis of the competitive landscape in the market. Detailed profiles of all major companies have also been provided. Some of the major market players in the energy efficient windows industry include Andersen Corporation, Builders Firstsource Inc., Deceuninck NV, JELD-WEN Inc., Marvin, Masco Corporation, PGT Innovations Inc., Ply Gem Residential Solutions (Cornerstone Building Brands Inc.), Schott AG, The REHAU Group, VKR Holding A/S and YKK Corporation.
(Please note that this is only a partial list of the key players, and the complete list is provided in the report.)
The energy-efficient windows market is highly competitive, with major players like Andersen Corporation, JELD-WEN, Pella Corporation, and Marvin Windows and Doors leading the industry. These companies focus on innovation, offering advanced products like smart windows and low-emissivity glazing. Smaller regional players also contribute by addressing specific market needs and preferences. Competitive strategies include expanding product portfolios, enhancing distribution networks, and leveraging government incentives for sustainable products. The market sees continuous investment in research and development to improve energy efficiency and sustainability, aiming to meet stringent building codes and consumer demand for eco-friendly solutions.
In June 2024, Andersen Global expanded in Turkey through a collaboration agreement with Celen Corporate Property Valuation & Counseling Inc. The partnership adds valuation resources to the organization's existing tax and legal capabilities. With 50 years of experience, Celen offers comprehensive valuation services to Turkish and global clients. Andersen Global's Chairman, Mark L. Vorsatz, expresses enthusiasm about the collaboration, highlighting Celen's commitment to providing top-notch client service and expertise in the valuation sector.
In April 2023, JELD-WEN, a global building products manufacturer, finalized the sale of its Australasia business to Platinum Equity for approximately AU$ 688 million. This move is in line with JELD-WEN's strategy to optimize shareholder value and streamline its operations. The transaction, expected to close in Q3 2023, will allow JELD-WEN to focus on debt reduction. Platinum Equity, with extensive experience in corporate carve-outs, sees promising opportunities in the Australasia business. For more information, visit JELD-WEN's website.