A vacuum insulated panel (VIP) is a thermal insulation system consisting of an evacuated, open, porous material placed inside a gas barrier. They are considered as an effective alternative to conventional material used in building construction, as they have high thermal resistance. The global vacuum insulation panels market was 6.47 billion USD in 2018 and will reach 9.15 billion USD by 2025 with a CAGR of 5.07% during the period.
Growth by Region
Asia Pacific will have largest share in the market due to rising economy and rapid growth in construction sector. North America and Europe will hold significant share in the market due to growth in construction sector.
Drivers vs Constraints
Rising building and construction activities is the primary factor driving the demand for vacuum insulation panels. Strict regulations to conserve energy is also boosting the market growth. However, fluctuations in raw material prices is hampering the market growth.
Industry Trends and Updates
Avery Dennison acquired Hanita Coatings. Avery Dennison is a global leader in pressure-sensitive and functional materials and labeling solutions for the retail apparel market.
Panasonic Corporation launched new high-performance vacuum insulated glass.
Global Vacuum Insulation Panels Market – by Core Material, Type, Raw Material, Application, Region - Market Size, Demand Forecasts, Company Profiles, Industry Trends and Updates (2018 - 2025)
1. Research Methodology
2. Executive Summary
3. Market Overview
3.1. Definition
3.2. Industry Value Chain Analysis
3.3. Porter's 5 Forces
3.4. Regulations
4. Market Dynamics
4.1. Introduction
4.2. Drivers
4.3. Constraints
4.4. Trends
5. Global Vacuum Insulation Panels Market Segmentation, Forecasts and Trends - by Core Material
5.1. Silica
5.2. Fiberglass
5.3. Others
6. Global Vacuum Insulation Panels Market Segmentation, Forecasts and Trends - by Type
6.1. Flat
6.2. Special Shape
6.3. Others
7. Global Vacuum Insulation Panels Market Segmentation, Forecasts and Trends - by Raw Material
7.1. Plastic
7.2. Metal
7.3. Silica
7.4. Fiberglass
7.5. Others
8. Global Vacuum Insulation Panels Market Segmentation, Forecasts and Trends - by Application
8.1. Construction
8.2. Cooling & Freezing Devices
8.3. Logistics
8.4. Others
9. Global Vacuum Insulation Panels Market Segmentation, Forecasts and Trends - by Region
9.1. North America
9.1.1. U.S.
9.1.2. Canada
9.1.3. Mexico
9.2. Europe
9.2.1. UK
9.2.2. France
9.2.3. Germany
9.2.4. Italy
9.2.5. Others
9.3. Asia Pacific
9.3.1. India
9.3.2. China
9.3.3. Japan
9.3.4. Australia
9.3.5. Others
9.4. South America
9.4.1. Brazil
9.4.2. Argentina
9.4.3. Others
9.5. Middle East and Africa
9.5.1. South Africa
9.5.2. UAE
9.5.3. Saudi Arabia
9.5.4. Egypt
9.5.5. Others
10. Competitive Intelligence
10.1. Company Market Share Analysis
10.2. Industry M&As, Consolidations
11. Company Profiles
11.1. Evonik Industries
11.2. LG Hausys
11.3. Panasonic
11.4. Dow Corning
11.5. OCI Company
11.6. Kevothermal
11.7. Pormat
11.8. Thermal Vision
11.9. Kingspan Insulation
11.10. Morgan Advanced Materials
11.11. Knauf Insulation
11.12. Hanita Coatings
11.13. Fujian Supertech
11.14. Turna
11.15. Va-Q-Tec
11.16. Others
12. Investment Opportunities