Vacuum Insulation Panel Market Growth, Trends And Forecast (2022 - 2027) By Types, By Application, By Regions and By Key Players – ThermoCor, Panasonic, Thermal Visions

The global Vacuum Insulation Panel Market size is projected to accrue voluminously by 2027 registering a phenomenal CAGR of 5.5% during the review period (2022 to 2027)

Vacuum Insulation Panel Market Overview

A vacuum insulated panel is a form of thermal insulation containing a gas-tight enclosure surrounding a rigid core, from which the air has been evacuated. It has an extensive range of applications in building construction, refrigerating units, and insulated shipping containers to provide better insulation performance than conventional insulation materials. The rapid industrialization and urbanization have bolstered the demand for the construction sector, the ever-increasing global warming has led to many climatic changes, hence creating an opportunity for the demand for vacuum insulation panels in the construction sector.

The presence of highly developed marine transportation infrastructure across the globe among the developed and developing countries has a positive impact on the demand for the vacuum insulation panels market. The presence of a huge population, rise in middle-class income, and urbanization has created opportunities for the development of the vacuum insulation panels market.

The robust demand from the construction industry, as well as the global adoption of VIPs for automated storage and retrieval, are the major factors driving the market's growth. On the other hand, the high cost of non-standard sizes and the heavy weight of the panels are likely to stymie the market's growth. VIPs appear to be one of the most promising insulation materials with the highest thermal insulating capacity among the various nonconventional insulations being introduced to the construction industry as the next-generation thermal insulation.

The booming infrastructure industry is credited with market growth. Some construction projects have been on the rise in recent years, with a strong emphasis on energy-efficient buildings. Because of their high thermal resistance, these products are expected to become essential components in the construction industry.

Who are the Major Players in the Vacuum Insulation Panel Market?

The global Vacuum Insulation Panel includes the identification and analysis of the various market participants competing in the global market. Prominent competitors include ThermoCor, Panasonic, Thermal Visions, Kevothermal, Kingspan Insulation, Unifrax Corporation, Yinxing Electric, Knauf Insulation, Fujian SuperTech, Promat (Microtherm), Porextherm, Dow Corning, Va-Q-Tec and others.

Industry News:

Launch of VIXELL™ Vacuum Insulated Cooling Box Rental Services, World's first*1 IoT-based cooling box that uses contactless power supply technology

Mar 2, 2021- Panasonic Corporation announced to begin offering rental services using VIXELL™, the world's first*1 Vacuum Insulated cooling box that uses contactless power supply technology to enable the user to determine insulation performance.

What are the major Applications, Types and Regions for Vacuum Insulation Panel Market?

By Type, it is segmented into

• Precipitated silica Vacuum Insulation Panel


• Fumed silica Vacuum Insulation Panel


• Fiber Glass Vacuum Insulation Panel


• Others

By Applications it is segmented into

• Building Material


• Home Appliance


• Transport


• Others

Vacuum Insulation Panel Market Regional Analysis

The Asia-Pacific region now has the largest vacuum insulation panel market share. It’s expected to continue for the time period that this report covers. The European Union and The United States come in second and third place respectively in this regard. There’s a reason why the Asia-Pacific region is experiencing a breakneck growth in the vacuum insulation panel market. Most nations in the Asia-Pacific region are industrializing and developing rapidly. Thus, the need for the construction of new infrastructure and construction projects is rising dramatically.

North America

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• Rest of the World
  
  
  
  • Middle East & Africa
  
  
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The Vacuum Insulation Panel Market describes the factors driving the global growth opportunities in upcoming years and highlights market channels. In addition, the report analyzes market size and share, trends, by geographic region, end-use type and segment. It focuses extensively on revealing a detailed regional analysis. The Global Vacuum Insulation Panel Market report also conducted a PESTEL analysis of the industry to study the main influencing factors and entry barriers of the industry.

What is our Vacuum Insulation Panel Market Report Scope?

Key Takeaways from this Vacuum Insulation Panel Report

• Evaluate Vacuum Insulation Panel market potential through analyzing growth rates (CAGR %), Volume (Units) and Value ($M) data given at country level - for product types, end use applications and by different industry verticals.


• Understand the different dynamics influencing the market - growth driving factors, specific challenges and hidden opportunities.


• Get in-depth insights on your competitor performance – revenue, shares, business strategies, financial benchmarking, product benchmarking, SWOT analysis and more.


• Analyze the sales and distribution channels across geographies to enhance top-line revenues.


• Understand the demanding supply chain with a deep dive on the value augmentation at each, in order to optimize value and bring efficiencies in your processes.


• Get a quick outlook on the Vacuum Insulation Panel market entropy - M&A's, deals, partnerships, product launches of all key players for the past 4 years.


• Evaluate the import-export statistics, supply-demand and competitive landscape for more than top 20 countries globally for the market.

FAQ -

What is the study period of this market?

The Vacuum Insulation Panel Market is studied from 2017 - 2027.

 What is the growth rate of Vacuum Insulation Panel Market?

The Vacuum Insulation Panel Market is growing at a CAGR of 5.5% over the next 5 years.

What regions does this Vacuum Insulation Panel Market report covers?

North America (the United States, Canada, and Mexico)

Europe (Germany, France, UK, Russia, and Italy)

Asia-Pacific (China, Japan, Korea, India, and Southeast Asia)

South America (Brazil, Argentina, Colombia, etc.)

The Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria, and South Africa)

All our reports are custom made to your company needs to a certain extent, we do provide 5 free consulting hours along with purchase of each report, and this will allow you to request any additional data to customize the report as your needs.