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Vacuum Insulation Panels-Global Market Insights and Sales Trends 2024
Synopsis
A vacuum insulated panel (VIP) is a form of thermal insulation consisting of a nearly gas-tight enclosure surrounding a rigid core, from which the air has been evacuated. Vacuum insulation panel is the thinnest insulation with the most efficient thermal insulation. They have 8 to 10 time’s lower thermal conductivity than other conventional insulation materials such as rigid foam boards, foam beads or fiber blankets.
The main components of a VIP are inner core, barrier envelope and getters and desiccants. The envelope could either consist of thick metal sheets or multilayer barrier of metalized polymeric layers to provide protection against environmental and handling stresses.
The global Vacuum Insulation Panels market size is expected to reach US$ 4445.8 million by 2029, growing at a CAGR of 14.3% from 2023 to 2029. The market is mainly driven by the significant applications of Vacuum Insulation Panels in various end use industries. The expanding demands from the Construction, Cooling & freezing devices, Logistics and Storage, are propelling Vacuum Insulation Panels market. Flat, one of the segments analysed in this report, is projected to record % CAGR and reach US$ million by the end of the analysis period. Growth in the Special Shape segment is estimated at % CAGR for the next seven-year period.
Global Vacuum Insulation Panel (VIP) key players include Panasonic, LG Hausys, Fujian SuperTech, ThermoCor, Porextherm, etc.
Europe is the largest market, with a share about 40%, followed by China, and United States, both have a share over 45 percent.
In terms of product, Fiber Glass is the largest segment, with a share about 75%. And in terms of application, the largest application is Home Appliance, followed by Building Material, Transport, etc.
Report Objectives
This report provides market insight on the different segments, by manufacturers, by Type, by Application. Market size and forecast (2018-2029) has been provided in the report. The primary objectives of this report are to provide 1) global market size and forecasts, growth rates, market dynamics, industry structure and developments, market situation, trends; 2) global market share and ranking by company; 3) comprehensive presentation of the global market for Vacuum Insulation Panels, with both quantitative and qualitative analysis through detailed segmentation; 4) detailed value chain analysis and review of growth factors essential for the existing market players and new entrants; 5) emerging opportunities in the market and the future impact of major drivers and restraints of the market.
Key Features of The Study:
This report provides in-depth analysis of the global Vacuum Insulation Panels market, and provides market size (US$ million) and CAGR for the forecast period (2023-2029), considering 2022 as the base year.
This report profiles key players in the global Vacuum Insulation Panels market based on the following parameters - company details (found date, headquarters, manufacturing bases), products portfolio, Vacuum Insulation Panels sales data, market share and ranking.
This report elucidates potential market opportunities across different segments and explains attractive investment proposition matrices for this market.
This report illustrates key insights about market drivers, restraints, opportunities, market trends, regional outlook.
Key companies of Vacuum Insulation Panels covered in this report include Evonik, LG Hausys, Panasonic, DOW Corning, OCI, Kevothermal, Porextherm, Thermocor VIP and Va-Q-Tec, etc.
The global Vacuum Insulation Panels market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts.
Market Segmentation
Company Profiles:
Evonik
LG Hausys
Panasonic
DOW Corning
OCI
Kevothermal
Porextherm
Thermocor VIP
Va-Q-Tec
Microtherm
Global Vacuum Insulation Panels market, by region:
North America (U.S., Canada, Mexico)
Europe (Germany, France, UK, Italy, etc.)
Asia Pacific (China, Japan, South Korea, Southeast Asia, India, etc.)
South America (Brazil, etc.)
Middle East and Africa (Turkey, GCC Countries, Africa, etc.)
Global Vacuum Insulation Panels market, Segment by Type:
Flat
Special Shape
Global Vacuum Insulation Panels market, by Application
Construction
Cooling & freezing devices
Logistics
Storage
Packaging
Industrial & automotive applications
Others
Core Chapters
Chapter One: Introduces the study scope of this report, executive summary of market segments by Type, market size segments for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Two: Detailed analysis of Vacuum Insulation Panels manufacturers competitive landscape, price, sales, revenue, market share and ranking, latest development plan, merger, and acquisition information, etc.
Chapter Three: Sales, revenue of Vacuum Insulation Panels in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the future development prospects, and market space in the world.
Chapter Four: Introduces market segments by Application, market size segment for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Five, Six, Seven, Eight and Nine: North America, Europe, Asia Pacific, South America, Middle East & Africa, sales and revenue by country.
Chapter Ten: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter Eleven: Analysis of industrial chain, key raw materials, manufacturing cost, and market dynamics. Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter Twelve: Analysis of sales channel, distributors and customers.
Chapter Thirteen: Research Findings and Conclusion.
A vacuum insulated panel (VIP) is a form of thermal insulation consisting of a nearly gas-tight enclosure surrounding a rigid core, from which the air has been evacuated. Vacuum insulation panel is the thinnest insulation with the most efficient thermal insulation. They have 8 to 10 time’s lower thermal conductivity than other conventional insulation materials such as rigid foam boards, foam beads or fiber blankets.
The main components of a VIP are inner core, barrier envelope and getters and desiccants. The envelope could either consist of thick metal sheets or multilayer barrier of metalized polymeric layers to provide protection against environmental and handling stresses.
The global Vacuum Insulation Panels market size is expected to reach US$ 4445.8 million by 2029, growing at a CAGR of 14.3% from 2023 to 2029. The market is mainly driven by the significant applications of Vacuum Insulation Panels in various end use industries. The expanding demands from the Construction, Cooling & freezing devices, Logistics and Storage, are propelling Vacuum Insulation Panels market. Flat, one of the segments analysed in this report, is projected to record % CAGR and reach US$ million by the end of the analysis period. Growth in the Special Shape segment is estimated at % CAGR for the next seven-year period.
Global Vacuum Insulation Panel (VIP) key players include Panasonic, LG Hausys, Fujian SuperTech, ThermoCor, Porextherm, etc.
Europe is the largest market, with a share about 40%, followed by China, and United States, both have a share over 45 percent.
In terms of product, Fiber Glass is the largest segment, with a share about 75%. And in terms of application, the largest application is Home Appliance, followed by Building Material, Transport, etc.
Report Objectives
This report provides market insight on the different segments, by manufacturers, by Type, by Application. Market size and forecast (2018-2029) has been provided in the report. The primary objectives of this report are to provide 1) global market size and forecasts, growth rates, market dynamics, industry structure and developments, market situation, trends; 2) global market share and ranking by company; 3) comprehensive presentation of the global market for Vacuum Insulation Panels, with both quantitative and qualitative analysis through detailed segmentation; 4) detailed value chain analysis and review of growth factors essential for the existing market players and new entrants; 5) emerging opportunities in the market and the future impact of major drivers and restraints of the market.
Key Features of The Study:
This report provides in-depth analysis of the global Vacuum Insulation Panels market, and provides market size (US$ million) and CAGR for the forecast period (2023-2029), considering 2022 as the base year.
This report profiles key players in the global Vacuum Insulation Panels market based on the following parameters - company details (found date, headquarters, manufacturing bases), products portfolio, Vacuum Insulation Panels sales data, market share and ranking.
This report elucidates potential market opportunities across different segments and explains attractive investment proposition matrices for this market.
This report illustrates key insights about market drivers, restraints, opportunities, market trends, regional outlook.
Key companies of Vacuum Insulation Panels covered in this report include Evonik, LG Hausys, Panasonic, DOW Corning, OCI, Kevothermal, Porextherm, Thermocor VIP and Va-Q-Tec, etc.
The global Vacuum Insulation Panels market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts.
Market Segmentation
Company Profiles:
Evonik
LG Hausys
Panasonic
DOW Corning
OCI
Kevothermal
Porextherm
Thermocor VIP
Va-Q-Tec
Microtherm
Global Vacuum Insulation Panels market, by region:
North America (U.S., Canada, Mexico)
Europe (Germany, France, UK, Italy, etc.)
Asia Pacific (China, Japan, South Korea, Southeast Asia, India, etc.)
South America (Brazil, etc.)
Middle East and Africa (Turkey, GCC Countries, Africa, etc.)
Global Vacuum Insulation Panels market, Segment by Type:
Flat
Special Shape
Global Vacuum Insulation Panels market, by Application
Construction
Cooling & freezing devices
Logistics
Storage
Packaging
Industrial & automotive applications
Others
Core Chapters
Chapter One: Introduces the study scope of this report, executive summary of market segments by Type, market size segments for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Two: Detailed analysis of Vacuum Insulation Panels manufacturers competitive landscape, price, sales, revenue, market share and ranking, latest development plan, merger, and acquisition information, etc.
Chapter Three: Sales, revenue of Vacuum Insulation Panels in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the future development prospects, and market space in the world.
Chapter Four: Introduces market segments by Application, market size segment for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Five, Six, Seven, Eight and Nine: North America, Europe, Asia Pacific, South America, Middle East & Africa, sales and revenue by country.
Chapter Ten: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter Eleven: Analysis of industrial chain, key raw materials, manufacturing cost, and market dynamics. Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter Twelve: Analysis of sales channel, distributors and customers.
Chapter Thirteen: Research Findings and Conclusion.
Index1 Vacuum Insulation Panels Market Overview
1.1 Vacuum Insulation Panels Product Overview
1.2 Vacuum Insulation Panels Market Segment by Type
1.2.1 Flat
1.2.2 Special Shape
1.3 Global Vacuum Insulation Panels Market Size by Type
1.3.1 Global Vacuum Insulation Panels Market Size Overview by Type (2018-2029)
1.3.2 Global Vacuum Insulation Panels Historic Market Size Review by Type (2018-2023)
1.3.3 Global Vacuum Insulation Panels Forecasted Market Size by Type (2024-2029)
1.4 Key Regions Market Size Segment by Type
1.4.1 North America Vacuum Insulation Panels Sales Breakdown by Type (2018-2023)
1.4.2 Europe Vacuum Insulation Panels Sales Breakdown by Type (2018-2023)
1.4.3 Asia-Pacific Vacuum Insulation Panels Sales Breakdown by Type (2018-2023)
1.4.4 Latin America Vacuum Insulation Panels Sales Breakdown by Type (2018-2023)
1.4.5 Middle East and Africa Vacuum Insulation Panels Sales Breakdown by Type (2018-2023)
2 Global Vacuum Insulation Panels Market Competition by Company
2.1 Global Top Players by Vacuum Insulation Panels Sales (2018-2023)
2.2 Global Top Players by Vacuum Insulation Panels Revenue (2018-2023)
2.3 Global Top Players by Vacuum Insulation Panels Price (2018-2023)
2.4 Global Top Manufacturers Vacuum Insulation Panels Manufacturing Base Distribution, Sales Area, Product Type
2.5 Vacuum Insulation Panels Market Competitive Situation and Trends
2.5.1 Vacuum Insulation Panels Market Concentration Rate (2018-2023)
2.5.2 Global 5 and 10 Largest Manufacturers by Vacuum Insulation Panels Sales and Revenue in 2022
2.6 Global Top Manufacturers by Company Type (Tier 1, Tier 2 and Tier 3) & (based on the Revenue in Vacuum Insulation Panels as of 2022)
2.7 Date of Key Manufacturers Enter into Vacuum Insulation Panels Market
2.8 Key Manufacturers Vacuum Insulation Panels Product Offered
2.9 Mergers & Acquisitions, Expansion
3 Vacuum Insulation Panels Status and Outlook by Region
3.1 Global Vacuum Insulation Panels Market Size and CAGR by Region: 2018 VS 2022 VS 2029
3.2 Global Vacuum Insulation Panels Historic Market Size by Region
3.2.1 Global Vacuum Insulation Panels Sales in Volume by Region (2018-2023)
3.2.2 Global Vacuum Insulation Panels Sales in Value by Region (2018-2023)
3.2.3 Global Vacuum Insulation Panels Sales (Volume & Value) Price and Gross Margin (2018-2023)
3.3 Global Vacuum Insulation Panels Forecasted Market Size by Region
3.3.1 Global Vacuum Insulation Panels Sales in Volume by Region (2024-2029)
3.3.2 Global Vacuum Insulation Panels Sales in Value by Region (2024-2029)
3.3.3 Global Vacuum Insulation Panels Sales (Volume & Value), Price and Gross Margin (2024-2029)
4 Global Vacuum Insulation Panels by Application
4.1 Vacuum Insulation Panels Market Segment by Application
4.1.1 Construction
4.1.2 Cooling & freezing devices
4.1.3 Logistics
4.1.4 Storage
4.1.5 Packaging
4.1.6 Industrial & automotive applications
4.1.7 Others
4.2 Global Vacuum Insulation Panels Market Size by Application
4.2.1 Global Vacuum Insulation Panels Market Size Overview by Application (2018-2029)
4.2.2 Global Vacuum Insulation Panels Historic Market Size Review by Application (2018-2023)
4.2.3 Global Vacuum Insulation Panels Forecasted Market Size by Application (2024-2029)
4.3 Key Regions Market Size Segment by Application
4.3.1 North America Vacuum Insulation Panels Sales Breakdown by Application (2018-2023)
4.3.2 Europe Vacuum Insulation Panels Sales Breakdown by Application (2018-2023)
4.3.3 Asia-Pacific Vacuum Insulation Panels Sales Breakdown by Application (2018-2023)
4.3.4 Latin America Vacuum Insulation Panels Sales Breakdown by Application (2018-2023)
4.3.5 Middle East and Africa Vacuum Insulation Panels Sales Breakdown by Application (2018-2023)
5 North America Vacuum Insulation Panels by Country
5.1 North America Vacuum Insulation Panels Historic Market Size by Country
5.1.1 North America Vacuum Insulation Panels Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
5.1.2 North America Vacuum Insulation Panels Sales in Volume by Country (2018-2023)
5.1.3 North America Vacuum Insulation Panels Sales in Value by Country (2018-2023)
5.2 North America Vacuum Insulation Panels Forecasted Market Size by Country
5.2.1 North America Vacuum Insulation Panels Sales in Volume by Country (2024-2029)
5.2.2 North America Vacuum Insulation Panels Sales in Value by Country (2024-2029)
6 Europe Vacuum Insulation Panels by Country
6.1 Europe Vacuum Insulation Panels Historic Market Size by Country
6.1.1 Europe Vacuum Insulation Panels Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
6.1.2 Europe Vacuum Insulation Panels Sales in Volume by Country (2018-2023)
6.1.3 Europe Vacuum Insulation Panels Sales in Value by Country (2018-2023)
6.2 Europe Vacuum Insulation Panels Forecasted Market Size by Country
6.2.1 Europe Vacuum Insulation Panels Sales in Volume by Country (2024-2029)
6.2.2 Europe Vacuum Insulation Panels Sales in Value by Country (2024-2029)
7 Asia-Pacific Vacuum Insulation Panels by Region
7.1 Asia-Pacific Vacuum Insulation Panels Historic Market Size by Region
7.1.1 Asia-Pacific Vacuum Insulation Panels Market Size Growth Rate (CAGR) by Region: 2018 VS 2022 VS 2029
7.1.2 Asia-Pacific Vacuum Insulation Panels Sales in Volume by Region (2018-2023)
7.1.3 Asia-Pacific Vacuum Insulation Panels Sales in Value by Region (2018-2023)
7.2 Asia-Pacific Vacuum Insulation Panels Forecasted Market Size by Region
7.2.1 Asia-Pacific Vacuum Insulation Panels Sales in Volume by Region (2024-2029)
7.2.2 Asia-Pacific Vacuum Insulation Panels Sales in Value by Region (2024-2029)
8 Latin America Vacuum Insulation Panels by Country
8.1 Latin America Vacuum Insulation Panels Historic Market Size by Country
8.1.1 Latin America Vacuum Insulation Panels Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
8.1.2 Latin America Vacuum Insulation Panels Sales in Volume by Country (2018-2023)
8.1.3 Latin America Vacuum Insulation Panels Sales in Value by Country (2018-2023)
8.2 Latin America Vacuum Insulation Panels Forecasted Market Size by Country
8.2.1 Latin America Vacuum Insulation Panels Sales in Volume by Country (2024-2029)
8.2.2 Latin America Vacuum Insulation Panels Sales in Value by Country (2024-2029)
9 Middle East and Africa Vacuum Insulation Panels by Country
9.1 Middle East and Africa Vacuum Insulation Panels Historic Market Size by Country
9.1.1 Middle East and Africa Vacuum Insulation Panels Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
9.1.2 Middle East and Africa Vacuum Insulation Panels Sales in Volume by Country (2018-2023)
9.1.3 Middle East and Africa Vacuum Insulation Panels Sales in Value by Country (2018-2023)
9.2 Middle East and Africa Vacuum Insulation Panels Forecasted Market Size by Country
9.2.1 Middle East and Africa Vacuum Insulation Panels Sales in Volume by Country (2024-2029)
9.2.2 Middle East and Africa Vacuum Insulation Panels Sales in Value by Country (2024-2029)
10 Company Profiles
10.1 Evonik
10.1.1 Evonik Company Information
10.1.2 Evonik Introduction and Business Overview
10.1.3 Evonik Vacuum Insulation Panels Sales, Revenue and Gross Margin (2018-2023)
10.1.4 Evonik Vacuum Insulation Panels Products Offered
10.1.5 Evonik Recent Development
10.2 LG Hausys
10.2.1 LG Hausys Company Information
10.2.2 LG Hausys Introduction and Business Overview
10.2.3 LG Hausys Vacuum Insulation Panels Sales, Revenue and Gross Margin (2018-2023)
10.2.4 LG Hausys Vacuum Insulation Panels Products Offered
10.2.5 LG Hausys Recent Development
10.3 Panasonic
10.3.1 Panasonic Company Information
10.3.2 Panasonic Introduction and Business Overview
10.3.3 Panasonic Vacuum Insulation Panels Sales, Revenue and Gross Margin (2018-2023)
10.3.4 Panasonic Vacuum Insulation Panels Products Offered
10.3.5 Panasonic Recent Development
10.4 DOW Corning
10.4.1 DOW Corning Company Information
10.4.2 DOW Corning Introduction and Business Overview
10.4.3 DOW Corning Vacuum Insulation Panels Sales, Revenue and Gross Margin (2018-2023)
10.4.4 DOW Corning Vacuum Insulation Panels Products Offered
10.4.5 DOW Corning Recent Development
10.5 OCI
10.5.1 OCI Company Information
10.5.2 OCI Introduction and Business Overview
10.5.3 OCI Vacuum Insulation Panels Sales, Revenue and Gross Margin (2018-2023)
10.5.4 OCI Vacuum Insulation Panels Products Offered
10.5.5 OCI Recent Development
10.6 Kevothermal
10.6.1 Kevothermal Company Information
10.6.2 Kevothermal Introduction and Business Overview
10.6.3 Kevothermal Vacuum Insulation Panels Sales, Revenue and Gross Margin (2018-2023)
10.6.4 Kevothermal Vacuum Insulation Panels Products Offered
10.6.5 Kevothermal Recent Development
10.7 Porextherm
10.7.1 Porextherm Company Information
10.7.2 Porextherm Introduction and Business Overview
10.7.3 Porextherm Vacuum Insulation Panels Sales, Revenue and Gross Margin (2018-2023)
10.7.4 Porextherm Vacuum Insulation Panels Products Offered
10.7.5 Porextherm Recent Development
10.8 Thermocor VIP
10.8.1 Thermocor VIP Company Information
10.8.2 Thermocor VIP Introduction and Business Overview
10.8.3 Thermocor VIP Vacuum Insulation Panels Sales, Revenue and Gross Margin (2018-2023)
10.8.4 Thermocor VIP Vacuum Insulation Panels Products Offered
10.8.5 Thermocor VIP Recent Development
10.9 Va-Q-Tec
10.9.1 Va-Q-Tec Company Information
10.9.2 Va-Q-Tec Introduction and Business Overview
10.9.3 Va-Q-Tec Vacuum Insulation Panels Sales, Revenue and Gross Margin (2018-2023)
10.9.4 Va-Q-Tec Vacuum Insulation Panels Products Offered
10.9.5 Va-Q-Tec Recent Development
10.10 Microtherm
10.10.1 Microtherm Company Information
10.10.2 Microtherm Introduction and Business Overview
10.10.3 Microtherm Vacuum Insulation Panels Sales, Revenue and Gross Margin (2018-2023)
10.10.4 Microtherm Vacuum Insulation Panels Products Offered
10.10.5 Microtherm Recent Development
11 Upstream, Opportunities, Challenges, Risks and Influences Factors Analysis
11.1 Vacuum Insulation Panels Key Raw Materials
11.1.1 Key Raw Materials
11.1.2 Key Raw Materials Price
11.1.3 Raw Materials Key Suppliers
11.2 Manufacturing Cost Structure
11.2.1 Raw Materials
11.2.2 Labor Cost
11.2.3 Manufacturing Expenses
11.3 Vacuum Insulation Panels Industrial Chain Analysis
11.4 Vacuum Insulation Panels Market Dynamics
11.4.1 Vacuum Insulation Panels Industry Trends
11.4.2 Vacuum Insulation Panels Market Drivers
11.4.3 Vacuum Insulation Panels Market Challenges
11.4.4 Vacuum Insulation Panels Market Restraints
12 Market Strategy Analysis, Distributors
12.1 Sales Channel
12.2 Vacuum Insulation Panels Distributors
12.3 Vacuum Insulation Panels Downstream Customers
13 Research Findings and Conclusion
14 Appendix
14.1 Research Methodology
14.1.1 Methodology/Research Approach
14.1.2 Data Source
14.2 Author Details
14.3 Disclaimer
Published By : QY Research
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