Vacuum Insulation Panels Market Size

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

With a growing focus on sustainability and energy efficiency, industries and consumers are seeking ways to reduce energy consumption in buildings, appliances, and transportation. Vacuum Insulation Panels provide significantly higher insulation performance compared to traditional insulation materials, enabling reduced energy consumption for heating, cooling, and refrigeration.

Green building certifications and initiatives, such as LEED (Leadership in Energy and Environmental Design), encourage the use of innovative and sustainable construction materials. VIPs align with these initiatives due to their energy-saving potential and low environmental impact.

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

Vacuum Insulation Panels Market Size