Vacuum Insulation Panels Market Analysis

  • Report ID: 5289
  • Published Date: Oct 09, 2024
  • Report Format: PDF, PPT

Vacuum Insulation Panels Market Analysis

Core Material (Silica, fiberglass)

The silica segment in the vacuum insulation panels market is expected to record significant growth during the forecast period, owing to its stable insulating properties compared to other materials. Silica-based products are expected to be in the top spot. Silica-based boards are widely used in the construction industry with an estimated value of USD 1.36 trillion and a yearly turnover rate of 68% in 2020 enhancing prospects for the vacuum insulation panels market.

Product (Flat, Special Shape Panel)

The flat segment is anticipated to dominate the vacuum insulation panels market throughout the forecast period, due to the simpler manufacturing methods for flat panels compared to specialty-shaped panels, Refrigerators, freezers, logistics, and the building industry all employ flat vacuum insulation panels because of their excellent thermal insulation capabilities.

Application (Construction, Consumer Appliances, Logistics)

Vacuum insulation panels market from the construction segment is expected to hold around 52% of the revenue share by 2037, pertaining to increasing demands for energy-efficient infrastructure. Vacuum insulation panels have good thermal insulation properties and thermal conductivity and are excellent construction materials. By 2020, the construction market will be worth USD 6.4 trillion, providing opportunities for the segment.

Our in-depth analysis of the global market includes the following segments:

          Core Material

  • Silica
  • fiberglass

          Product

  • Flat
  • Special Shape Panel

          Application

  • Construction
  •  Consumer Appliances
  •  Logistics
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Browse Key Market Insights with Data Illustration:


Author Credits:  Shweta Patidar


  • Report ID: 5289
  • Published Date: Oct 09, 2024
  • Report Format: PDF, PPT

Frequently Asked Questions (FAQ)

In the year 2025, the industry size of vacuum insulation panels is estimated at USD 8.92 billion.

The vacuum insulation panels market size was valued at USD 8.61 billion in 2024 and is poised to cross USD 15.26 billion by the end of 2037, expanding at more than 4.5% CAGR during the forecast period i.e., between 2025-2037. Rising construction activities, HVAC appliances, technological advancements will boost the market growth.

Asia Pacific industry is set to account for largest revenue share 40% by 2037, due to rising urbanization and government investments in infrastructure projects in the region.

The major players in the market are Dow , Evonik Industries AG, va-Q-tec, OCI COMPANY Ltd.,Thermacor Process Inc.,Knauf Insulation,Kingspan Group,Morgan Advanced Materials plc,Panasonic Holdings Corporation, KURABO INDUSTRIES LTD., TOYO ALUMINIUM K.K, Hitachi, Ltd.,ASAHI FIBER GLASS Co., Ltd. And others
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