Vacuum Insulation Panels Segmentation:
Core Material (Silica, Polyurethane, Glass Wool, Others)
The silica segment is anticipated to account for 49.1% of the global vacuum insulation panels market share by 2037. The prime factors boosting the sales of silica-based vacuum insulation panels are their superior thermal resistance, stability, and long-term cost benefits. The non-flammability and recyclability properties are attracting governments to invest in silica-based vacuum insulation panels. The study by the U.S. Department of Energy (DOE) reveals that the silica-based insulations reduce building energy usage by 21%-31%. This encourages manufacturers to invest more in advancing their product offerings.
Application (Assembly, Building & Construction, Refrigerators & Freezers, Logistics, Consumer Electronics, Others)
The building and construction segment is poised to hold 40.5% of the global vacuum insulation panels market share throughout the study period. The zero-emission goals and green building trend are expected to increase the use of vacuum insulation panels in the construction sector. Moreover, the energy efficiency mandates and green certification schemes are necessitating builders to invest in sustainable materials and chemicals, including vacuum insulation panels.
Our in-depth analysis of the vacuum insulation panels market includes the following segments:
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