Change Language

Select Language

COVID-19
The pandemic continues to cause unprecedented disruption across industries worldwide.
Get detailed insights regarding the impact of COVID-19 on the market.

Vacuum Insulation Panel Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027

Market Overview:

The global vacuum insulation panel market reached a value of US$ 8.21 Billion in 2021. Looking forward, IMARC Group expects the market to reach a value of US$ 11.29 Billion by 2027, exhibiting a CAGR of 5.10% during 2022-2027. Keeping in mind the uncertainties of COVID-19, we are continuously tracking and evaluating the direct as well as the indirect influence of the pandemic on different end use industries. These insights are included in the report as a major market contributor.

A vacuum insulation panel (VIP) is a flat element comprising an open porous core material, which withstands the external load caused by atmospheric pressure and a gas-tight envelope to maintain the required quality of the vacuum. It is ideal for the transportation of heat-sensitive products in extreme conditions, such as prolonged periods and intense temperatures. It offers low insulation thickness and high-performance thermal insulation. As a result, VIP finds extensive applications in the construction and logistics industries across the globe.

Vacuum Insulation Panel Market Trends:

In recent years, significant progress in nanotechnology and material sciences, allowing the adaptation of known theoretical principles of thermal physics in practice, has resulted in the development of high-performance thermal insulators. This, in confluence with increasing construction activities on account of rapid industrialization and urbanization across the globe, represents one of the key factors bolstering the growth of the market. Moreover, VIPs are used as external or internal insulation in detached houses, apartment buildings, nurseries, and office buildings in new construction and renovations. They are also utilized for insulating floors, facades, flat roofs, terraces, walls, attic hatches, and stairs. Apart from this, they are used in refrigerated trucks and transportation systems, vending machines, cold storage units like fridges, freezers, and wine coolers, and packaging for medical and pharmaceutical products. In addition, VIPs are viable for high-temperature applications, such as domestic ovens, furnaces, hot water tanks, and concentrated solar plants, especially with heat-resistant glass-fiber core panels. Besides this, VIPs exhibit superior insulation performance than conventional insulating panels, which is impelling the growth of the market. Furthermore, the rapid expansion of cold storage facilities worldwide is positively influencing the market. 

Key Market Segmentation:

IMARC Group provides an analysis of the key trends in each sub-segment of the global vacuum insulation panel market, along with forecasts at the global, regional and country level from 2022-2027. Our report has categorized the market based on type, raw material, core material and application.

Breakup by Type:

  • Flat Panel
  • Special Shape Panel
     

Breakup by Raw Material:

  • Plastics
  • Metal
     

Breakup by Core Material:

  • Silica
  • Fiberglass
  • Others
     

Breakup by Application:

  • Construction
  • Cooling and Freezing Devices
  • Logistics
  • Others
     

Breakup by Region:

  • 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
     

Competitive Landscape:

The competitive landscape of the industry has also been examined along with the profiles of the key players being Avery Dennison Corporation, BASF SE, Etex Building Performance NV (Etex Group), Evonik Industries AG (RAG-Stiftung), Kevothermal Ltd, Kingspan Group plc, Knauf Insulation, Morgan Advanced Materials, OCI Company Ltd., Panasonic Corporation, TURNA d.o.o. and Va-Q-Tec AG.

Report Coverage:

Report Features Details
Base Year of the Analysis 2021
    Historical Period 2016-2021
Forecast Period 2022-2027
Units US$ Billion
Segment Coverage Type, Raw Material, Core Material, Application, Region
Region Covered  Asia Pacific, Europe, North America, Latin America, Middle East and Africa
Countries Covered United States, Canada, Germany, France, United Kingdom, Italy, Spain, Russia, China, Japan, India, South Korea, Australia, Indonesia, Brazil, Mexico
Companies Covered Avery Dennison Corporation, BASF SE, Etex Building Performance NV (Etex Group), Evonik Industries AG (RAG-Stiftung), Kevothermal Ltd, Kingspan Group plc, Knauf Insulation, Morgan Advanced Materials, OCI Company Ltd., Panasonic Corporation, TURNA d.o.o. and Va-Q-Tec AG.
Customization Scope 10% Free Customization
Report Price and Purchase Option Single User License: US$ 2499
Five User License: US$ 3499
Corporate License: US$ 4499
Post-Sale Analyst Support 10-12 Weeks
Delivery Format PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request)

 

Key Questions Answered in This Report:

  • How has the global vacuum insulation panel market performed so far and how will it perform in the coming years?
  • What has been the impact of COVID-19 on the global vacuum insulation panel market?
  • What are the key regional markets?
  • What is the breakup of the market based on the type?
  • What is the breakup of the market based on the raw material?
  • What is the breakup of the market based on the core material?
  • What is the breakup of the market based on the application?
  • What are the various stages in the value chain of the industry?
  • What are the key driving factors and challenges in the industry?
  • What is the structure of the global vacuum insulation panel market and who are the key players?
  • What is the degree of competition in the industry?

1    Preface
2    Scope and Methodology

    2.1    Objectives of the Study
    2.2    Stakeholders
    2.3    Data Sources
        2.3.1    Primary Sources
        2.3.2    Secondary Sources
    2.4    Market Estimation
        2.4.1    Bottom-Up Approach
        2.4.2    Top-Down Approach
    2.5    Forecasting Methodology
3    Executive Summary
4    Introduction

    4.1    Overview
    4.2    Key Industry Trends
5    Global Vacuum Insulation Panel Market
    5.1    Market Overview
    5.2    Market Performance
    5.3    Impact of COVID-19
    5.4    Market Forecast
6    Market Breakup by Type
    6.1    Flat Panel
        6.1.1 Market Trends
        6.1.2 Market Forecast
    6.2    Special Shape Panel
        6.2.1 Market Trends
        6.2.2 Market Forecast
7    Market Breakup by Raw Material
    7.1    Plastics
        7.1.1 Market Trends
        7.1.2 Market Forecast
    7.2    Metal
        7.2.1 Market Trends
        7.2.2 Market Forecast
8    Market Breakup by Core Material
    8.1    Silica
        8.1.1 Market Trends
        8.1.2 Market Forecast
    8.2    Fiberglass
        8.2.1 Market Trends
        8.2.2 Market Forecast
    8.3    Others
        8.3.1 Market Trends
        8.3.2 Market Forecast
9    Market Breakup by Application
    9.1    Construction
        9.1.1 Market Trends
        9.1.2 Market Forecast
    9.2    Cooling and Freezing Devices
        9.2.1 Market Trends
        9.2.2 Market Forecast
    9.3    Logistics
        9.3.1 Market Trends
        9.3.2 Market Forecast
    9.4    Others
        9.4.1 Market Trends
        9.4.2 Market Forecast
10    Market Breakup by Region
    10.1    North America
        10.1.1 United States
           10.1.1.1 Market Trends
           10.1.1.2 Market Forecast
        10.1.2 Canada
           10.1.2.1 Market Trends
           10.1.2.2 Market Forecast
    10.2    Asia-Pacific
        10.2.1 China
           10.2.1.1 Market Trends
           10.2.1.2 Market Forecast
        10.2.2 Japan
           10.2.2.1 Market Trends
           10.2.2.2 Market Forecast
        10.2.3 India
           10.2.3.1 Market Trends
           10.2.3.2 Market Forecast
        10.2.4 South Korea
           10.2.4.1 Market Trends
           10.2.4.2 Market Forecast
        10.2.5 Australia
           10.2.5.1 Market Trends
           10.2.5.2 Market Forecast
        10.2.6 Indonesia
           10.2.6.1 Market Trends
           10.2.6.2 Market Forecast
        10.2.7 Others
           10.2.7.1 Market Trends
           10.2.7.2 Market Forecast
    10.3    Europe
        10.3.1 Germany
           10.3.1.1 Market Trends
           10.3.1.2 Market Forecast
        10.3.2 France
           10.3.2.1 Market Trends
           10.3.2.2 Market Forecast
        10.3.3 United Kingdom
           10.3.3.1 Market Trends
           10.3.3.2 Market Forecast
        10.3.4 Italy
           10.3.4.1 Market Trends
           10.3.4.2 Market Forecast
        10.3.5 Spain
           10.3.5.1 Market Trends
           10.3.5.2 Market Forecast
        10.3.6 Russia
           10.3.6.1 Market Trends
           10.3.6.2 Market Forecast
        10.3.7 Others
           10.3.7.1 Market Trends
           10.3.7.2 Market Forecast
    10.4    Latin America
        10.4.1 Brazil
           10.4.1.1 Market Trends
           10.4.1.2 Market Forecast
        10.4.2 Mexico
           10.4.2.1 Market Trends
           10.4.2.2 Market Forecast
        10.4.3 Others
           10.4.3.1 Market Trends
           10.4.3.2 Market Forecast
    10.5    Middle East and Africa
        10.5.1 Market Trends
        10.5.2 Market Breakup by Country
        10.5.3 Market Forecast
11    SWOT Analysis
    11.1    Overview
    11.2    Strengths
    11.3    Weaknesses
    11.4    Opportunities
    11.5    Threats
12    Value Chain Analysis
13    Porters Five Forces Analysis

    13.1    Overview
    13.2    Bargaining Power of Buyers
    13.3    Bargaining Power of Suppliers
    13.4    Degree of Competition
    13.5    Threat of New Entrants
    13.6    Threat of Substitutes
14    Price Analysis
15    Competitive Landscape

    15.1    Market Structure
    15.2    Key Players
    15.3    Profiles of Key Players
        15.3.1    Avery Dennison Corporation
           15.3.1.1 Company Overview
           15.3.1.2 Product Portfolio
           15.3.1.3 Financials
           15.3.1.4 SWOT Analysis
        15.3.2    BASF SE
           15.3.2.1 Company Overview
           15.3.2.2 Product Portfolio
           15.3.2.3 Financials
           15.3.2.4 SWOT Analysis
        15.3.3    Etex Building Performance NV (Etex Group)
           15.3.3.1 Company Overview
           15.3.3.2 Product Portfolio
        15.3.4    Evonik Industries AG (RAG-Stiftung)
           15.3.4.1 Company Overview
           15.3.4.2 Product Portfolio
           15.3.4.3 Financials
           15.3.4.4 SWOT Analysis
        15.3.5    Kevothermal Ltd
           15.3.5.1 Company Overview
           15.3.5.2 Product Portfolio
        15.3.6    Kingspan Group plc
           15.3.6.1 Company Overview
           15.3.6.2 Product Portfolio
           15.3.6.3 Financials
           15.3.6.4 SWOT Analysis
        15.3.7    Knauf Insulation
           15.3.7.1 Company Overview
           15.3.7.2 Product Portfolio
        15.3.8    Morgan Advanced Materials
           15.3.8.1 Company Overview
           15.3.8.2 Product Portfolio
           15.3.8.3 Financials
        15.3.9    OCI Company Ltd.
           15.3.9.1 Company Overview
           15.3.9.2 Product Portfolio
           15.3.9.3 Financials
           15.3.9.4 SWOT Analysis
        15.3.10    Panasonic Corporation
           15.3.10.1 Company Overview
           15.3.10.2 Product Portfolio
           15.3.10.3 Financials
           15.3.10.4 SWOT Analysis
        15.3.11    TURNA d.o.o.
           15.3.11.1 Company Overview
           15.3.11.2 Product Portfolio
        15.3.12    Va-Q-Tec AG
           15.3.12.1 Company Overview
           15.3.12.2 Product Portfolio
           15.3.12.3 Financials

List of Figures

Figure 1: Global: Vacuum Insulation Panel Market: Major Drivers and Challenges
Figure 2: Global: Vacuum Insulation Panel Market: Sales Value (in Billion US$), 2016-2021
Figure 3: Global: Vacuum Insulation Panel Market Forecast: Sales Value (in Billion US$), 2022-2027
Figure 4: Global: Vacuum Insulation Panel Market: Breakup by Type (in %), 2021
Figure 5: Global: Vacuum Insulation Panel Market: Breakup by Raw Material (in %), 2021
Figure 6: Global: Vacuum Insulation Panel Market: Breakup by Core Material (in %), 2021
Figure 7: Global: Vacuum Insulation Panel Market: Breakup by Application (in %), 2021
Figure 8: Global: Vacuum Insulation Panel Market: Breakup by Region (in %), 2021
Figure 9: Global: Vacuum Insulation Panel (Flat Panel) Market: Sales Value (in Million US$), 2016 & 2021
Figure 10: Global: Vacuum Insulation Panel (Flat Panel) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 11: Global: Vacuum Insulation Panel (Special Shape Panel) Market: Sales Value (in Million US$), 2016 & 2021
Figure 12: Global: Vacuum Insulation Panel (Special Shape Panel) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 13: Global: Vacuum Insulation Panel (Plastics) Market: Sales Value (in Million US$), 2016 & 2021
Figure 14: Global: Vacuum Insulation Panel (Plastics) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 15: Global: Vacuum Insulation Panel (Metal) Market: Sales Value (in Million US$), 2016 & 2021
Figure 16: Global: Vacuum Insulation Panel (Metal) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 17: Global: Vacuum Insulation Panel (Silica) Market: Sales Value (in Million US$), 2016 & 2021
Figure 18: Global: Vacuum Insulation Panel (Silica) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 19: Global: Vacuum Insulation Panel (Fiberglass) Market: Sales Value (in Million US$), 2016 & 2021
Figure 20: Global: Vacuum Insulation Panel (Fiberglass) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 21: Global: Vacuum Insulation Panel (Other Core Materials) Market: Sales Value (in Million US$), 2016 & 2021
Figure 22: Global: Vacuum Insulation Panel (Other Core Materials) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 23: Global: Vacuum Insulation Panel (Construction) Market: Sales Value (in Million US$), 2016 & 2021
Figure 24: Global: Vacuum Insulation Panel (Construction) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 25: Global: Vacuum Insulation Panel (Cooling and Freezing Devices) Market: Sales Value (in Million US$), 2016 & 2021
Figure 26: Global: Vacuum Insulation Panel (Cooling and Freezing Devices) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 27: Global: Vacuum Insulation Panel (Logistics) Market: Sales Value (in Million US$), 2016 & 2021
Figure 28: Global: Vacuum Insulation Panel (Logistics) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 29: Global: Vacuum Insulation Panel (Other Applications) Market: Sales Value (in Million US$), 2016 & 2021
Figure 30: Global: Vacuum Insulation Panel (Other Applications) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 31: North America: Vacuum Insulation Panel Market: Sales Value (in Million US$), 2016 & 2021
Figure 32: North America: Vacuum Insulation Panel Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 33: United States: Vacuum Insulation Panel Market: Sales Value (in Million US$), 2016 & 2021
Figure 34: United States: Vacuum Insulation Panel Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 35: Canada: Vacuum Insulation Panel Market: Sales Value (in Million US$), 2016 & 2021
Figure 36: Canada: Vacuum Insulation Panel Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 37: Asia-Pacific: Vacuum Insulation Panel Market: Sales Value (in Million US$), 2016 & 2021
Figure 38: Asia-Pacific: Vacuum Insulation Panel Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 39: China: Vacuum Insulation Panel Market: Sales Value (in Million US$), 2016 & 2021
Figure 40: China: Vacuum Insulation Panel Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 41: Japan: Vacuum Insulation Panel Market: Sales Value (in Million US$), 2016 & 2021
Figure 42: Japan: Vacuum Insulation Panel Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 43: India: Vacuum Insulation Panel Market: Sales Value (in Million US$), 2016 & 2021
Figure 44: India: Vacuum Insulation Panel Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 45: South Korea: Vacuum Insulation Panel Market: Sales Value (in Million US$), 2016 & 2021
Figure 46: South Korea: Vacuum Insulation Panel Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 47: Australia: Vacuum Insulation Panel Market: Sales Value (in Million US$), 2016 & 2021
Figure 48: Australia: Vacuum Insulation Panel Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 49: Indonesia: Vacuum Insulation Panel Market: Sales Value (in Million US$), 2016 & 2021
Figure 50: Indonesia: Vacuum Insulation Panel Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 51: Others: Vacuum Insulation Panel Market: Sales Value (in Million US$), 2016 & 2021
Figure 52: Others: Vacuum Insulation Panel Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 53: Europe: Vacuum Insulation Panel Market: Sales Value (in Million US$), 2016 & 2021
Figure 54: Europe: Vacuum Insulation Panel Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 55: Germany: Vacuum Insulation Panel Market: Sales Value (in Million US$), 2016 & 2021
Figure 56: Germany: Vacuum Insulation Panel Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 57: France: Vacuum Insulation Panel Market: Sales Value (in Million US$), 2016 & 2021
Figure 58: France: Vacuum Insulation Panel Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 59: United Kingdom: Vacuum Insulation Panel Market: Sales Value (in Million US$), 2016 & 2021
Figure 60: United Kingdom: Vacuum Insulation Panel Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 61: Italy: Vacuum Insulation Panel Market: Sales Value (in Million US$), 2016 & 2021
Figure 62: Italy: Vacuum Insulation Panel Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 63: Spain: Vacuum Insulation Panel Market: Sales Value (in Million US$), 2016 & 2021
Figure 64: Spain: Vacuum Insulation Panel Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 65: Russia: Vacuum Insulation Panel Market: Sales Value (in Million US$), 2016 & 2021
Figure 66: Russia: Vacuum Insulation Panel Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 67: Others: Vacuum Insulation Panel Market: Sales Value (in Million US$), 2016 & 2021
Figure 68: Others: Vacuum Insulation Panel Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 69: Latin America: Vacuum Insulation Panel Market: Sales Value (in Million US$), 2016 & 2021
Figure 70: Latin America: Vacuum Insulation Panel Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 71: Brazil: Vacuum Insulation Panel Market: Sales Value (in Million US$), 2016 & 2021
Figure 72: Brazil: Vacuum Insulation Panel Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 73: Mexico: Vacuum Insulation Panel Market: Sales Value (in Million US$), 2016 & 2021
Figure 74: Mexico: Vacuum Insulation Panel Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 75: Others: Vacuum Insulation Panel Market: Sales Value (in Million US$), 2016 & 2021
Figure 76: Others: Vacuum Insulation Panel Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 77: Middle East and Africa: Vacuum Insulation Panel Market: Sales Value (in Million US$), 2016 & 2021
Figure 78: Middle East and Africa: Vacuum Insulation Panel Market: Breakup by Country (in %), 2021
Figure 79: Middle East and Africa: Vacuum Insulation Panel Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 80: Global: Vacuum Insulation Panel Industry: SWOT Analysis
Figure 81: Global: Vacuum Insulation Panel Industry: Value Chain Analysis
Figure 82: Global: Vacuum Insulation Panel Industry: Porter's Five Forces Analysis

List of Tables

Table 1: Global: Vacuum Insulation Panel Market: Key Industry Highlights, 2021 and 2027
Table 2: Global: Vacuum Insulation Panel Market Forecast: Breakup by Type (in Million US$), 2022-2027
Table 3: Global: Vacuum Insulation Panel Market Forecast: Breakup by Raw Material (in Million US$), 2022-2027
Table 4: Global: Vacuum Insulation Panel Market Forecast: Breakup by Core Material (in Million US$), 2022-2027
Table 5: Global: Vacuum Insulation Panel Market Forecast: Breakup by Application (in Million US$), 2022-2027
Table 6: Global: Vacuum Insulation Panel Market Forecast: Breakup by Region (in Million US$), 2022-2027
Table 7: Global: Vacuum Insulation Panel Market: Competitive Structure
Table 8: Global: Vacuum Insulation Panel Market: Key Players

Note: We value your privacy and will never rent or sell your email address. Privacy policy

Need more help?

  •   Speak to our experienced analysts for insights on the current market scenarios.
  •   Include additional segments and countries to customize the report as per your requirement.
  •   Gain an unparalleled competitive advantage in your domain by understanding how to utilize the report and positively impacting your operations and revenue.
  •   For further assistance, please connect with our analysts.

Purchase Options




$ 2499

REACH OUT TO US

Call us on

( US: +1-631-791-1145 )
( UK: +44-753-713-2163 )
( India: +91 120 433 0800 )


Drop us an email at

sales@imarcgroup.com

Social Links