A vacuum insulated panel (VIP) is a form of thermal insulation consisting of a nearly gas-tight enclosure surrounding a rigid core, from which the air has been evacuated. Vacuum insulation panel is the thinnest insulation with the most efficient thermal insulation. They have 8 to 10 time’s lower thermal conductivity than other conventional insulation materials such as rigid foam boards, foam beads or fiber blankets.

The main components of a VIP are inner core, barrier envelope and getters and desiccants. The envelope could either consist of thick metal sheets or multilayer barrier of metalized polymeric layers to provide protection against environmental and handling stresses.



The global Vacuum Insulated Panels market was valued at US$ 1709 million in 2022 and is anticipated to reach US$ 4445.8 million by 2029, witnessing a CAGR of 14.3% during the forecast period 2023-2029. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.



Global Vacuum Insulation Panel (VIP) key players include Panasonic, LG Hausys, Fujian SuperTech, ThermoCor, Porextherm, etc.

Europe is the largest market, with a share about 40%, followed by China, and United States, both have a share over 45 percent.

In terms of product, Fiber Glass is the largest segment, with a share about 75%. And in terms of application, the largest application is Home Appliance, followed by Building Material, Transport, etc.



Report Scope



This report aims to provide a comprehensive presentation of the global market for Vacuum Insulated Panels, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Vacuum Insulated Panels.



The Vacuum Insulated Panels market size, estimations, and forecasts are provided in terms of output/shipments (K MT) and revenue ($ millions), considering 2022 as the base year, with history and forecast data for the period from 2018 to 2029. This report segments the global Vacuum Insulated Panels market comprehensively. Regional market sizes, concerning products by core material type, by application and by players, are also provided.



For a more in-depth understanding of the market, the report provides profiles of the competitive landscape, key competitors, and their respective market ranks. The report also discusses technological trends and new product developments.



The report will help the Vacuum Insulated Panels manufacturers, new entrants, and industry chain related companies in this market with information on the revenues, production, and average price for the overall market and the sub-segments across the different segments, by company, by core material type, by application, and by regions.




By Company




LG Hausys Ltd. (South Korea)



Evonik Industries AG (Germany)



Dow



Panasonic Corporation (Japan)



OCI Company Ltd. (South Korea)



Microtherm (Germany)



Kevothermal



Thermocor (U.S.)



Hongda



Fangyuan Electric



Segment by Core Material Type



Silica-based Vacuum Insulated Panels



Fiber Glass-based Vacuum Insulated Panels



Others




Segment by Application




Construction



Logistics



Cooling and Freezing



Others




Production by Region





North America



Europe



China



Japan




Consumption by Region




North America



U.S.



Canada



Europe



Germany



France



U.K.



Italy



Russia



Asia-Pacific



China



Japan



South Korea



China Taiwan



Southeast Asia



India



Latin America



Mexico



Brazil



Core Chapters



Chapter 1: Introduces the report scope of the report, executive summary of different market segments (by region, by core material type, by application, etc), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.



Chapter 2: Detailed analysis of Vacuum Insulated Panels manufacturers competitive landscape, price, production and value market share, latest development plan, merger, and acquisition information, etc.



Chapter 3: Production/output, value of Vacuum Insulated Panels by region/country. It provides a quantitative analysis of the market size and development potential of each region in the next six years.



Chapter 4: Consumption of Vacuum Insulated Panels in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space, and production of each country in the world.



Chapter 5: Provides the analysis of various market segments by core material type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.



Chapter 6: Provides the analysis of various market segments by application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.



Chapter 7: Provides profiles of key players, introducing the basic situation of the key companies in the market in detail, including product production/output, value, price, gross margin, product introduction, recent development, etc.



Chapter 8: Analysis of industrial chain, including the upstream and downstream of the industry.



Chapter 9: Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.



Chapter 10: The main points and conclusions of the report.