Vacuum Insulation Panels (VIPs) – A Global Market Overview

Vacuum Insulation Panels (VIPs) – A Global Market Overview

  • November 2019 •
  • 256 pages •
  • Report ID: 5828590 •
  • Format: PDF
Report Synopsis
Vacuum insulation panels (VIPs) are considered to be among the most promising high performance thermal insulation solutions on the market today. The performance and design flexibility offered by VIPs has enabled them to be used in an array of constructive applications. These comprise increased volume in commercial and domestic refrigerators, increased shipping times for temperature controlled transportation systems and reduced package size and weight for insulated shipping containers. Also, the growing demand of fulfilling energy standards has led to wider utilization of VIPs in the building and construction industry.

Fiberglass (or glass wool) is the predominant core material used in the VIPs worldwide, thanks to the adoption of fiberglass VIPs in Asia-Pacific’s refrigerator industry, estimated to account for 71.5% in terms of volume in million square meters in 2019. Further, volume consumption of fiberglass VIPs is projected to record a robust CAGR of 20% during 2019-2026 period in reaching 108 million square meters by 2026.

Research Findings & Coverage
• This global market research report on Vacuum Insulation Panels (VIPs) analyzes the market with respect to material types (core and barrier) and applications
• Vacuum Insulation Panels (VIPs) market size is estimated/projected in this report by material and applications across all major countries
• VIP Consumption in Refrigerators and Freezers Being Propelled by Stringent Energy Efficiency Standards
• VIPs to See Significant Growth Potential from Thermal Packaging Systems for Healthcare and Logistics
• Demand for Vacuum Insulation Panels in Building Applications Being Hampered by High Costs
• Key business trends focusing on product innovations/developments, M&As, JVs and other recent industry developments
• Major companies profiled – 48
• The industry guide includes the contact details for 71 companies

Product Outline

The market for material of Vacuum Insulation Panels (VIPs) studied in this report comprise the following:
• Core Material
o Fumed Silica
o Fiberglass
o Others
• Envelope Material
o Aluminum Foils
o Metalized Laminates

The report analyzes the market for the following applications of Vacuum Insulation Panels (VIPs):
• Refrigerators & Freezers
• Cold Chain Logistics
• Building & Construction
• Others

Analysis Period, Units and Growth Rates
• The report reviews, analyzes and projects the global Vacuum Insulation Panels (VIPs) market for the period 2017-2026 in terms of both market volume in million sq. mts and value in US$; and the compound annual growth rates (CAGRs) projected from 2019 through 2026.

Geographic Coverage
• North America (The United States and Mexico)
• Europe (Austria, France, Germany, Italy, Switzerland, the United Kingdom and Rest of Europe)
• Asia-Pacific (China, Japan, South Korea and Rest of Asia-Pacific)
• Rest of World (Brazil, Russia, Turkey and Other ROW Countries)