Vacuum Insulation Panels Market Share

APAC Market Forecast

Asia Pacific vacuum insulation panels market is slated to dominate majority revenue share by 2037, making it one of the region's most profitable markets accounting for 40%. The burgeoning infrastructure market in China with an infrastructure budget of USD 1.018 Trillion as of 2024, will be responsible for the expansion in this area. Due to the region's fast urbanization and rising government investments in infrastructure projects, the construction industry is also anticipated to expand in the next few years.

North American Market Statistics

The vacuum insulation panels market in North America is anticipated to grow at a significant pace, having the fastest growth rate owing to the booming construction industry. The U.S. economy heavily depends on the construction sector. More than 7.8 million people work for more than 753,000 firms in this sector, which also produces approximately USD 1.8 trillion worth of structures annually. One of the vacuum insulation panel industry's biggest markets is construction.