Vacuum Insulation Panel Market Report: Trends, Forecast and Competitive Analysis

Vacuum Insulation Panel Market Trends and Forecast

The future of the vacuum insulation panel market looks promising with opportunities in the construction, cooling & freezing devices, and logistics end use industries. The global vacuum insulation panel market is expected to grow with a CAGR of 4% to 6% from 2023 to 2028. The major drivers for this market are growing construction activities, increase in demand for cold storage containers in the transportation sector, and stringent regulations promoting the energy-efficient materials.

Emerging Trends in the Vacuum Insulation Panel Market

Emerging trends, which have a direct impact on the dynamics of the industry, include rapid industrialization and urbanization, increasing global warming, and investment in infrastructure development.

A more than 150-page report is developed to help in your business decisions. A sample figure with some insights is shown below. To learn the scope, benefits, companies researched and other details of the global vacuum insulation panel market report.

Vacuum Insulation Panel Market by Segments

The study includes trends and forecast for the global vacuum insulation panel market by raw material, core material, product type, end use industry, and region, as follows:

Vacuum Insulation Panel Market by Raw Material [Value ($B) Shipment Analysis from 2017 to 2028]:

• Plastics
• Metals

Vacuum Insulation Panel Market by Core Material [Value ($B) Shipment Analysis from 2017 to 2028]:

• Silica
• Fiberglass
• Others

Vacuum Insulation Panel Market by Product Type [Value ($B) Shipment Analysis from 2017 to 2028]:

• Flat Panel
• Special Shape Panel

Vacuum Insulation PanelMarket by End Use Industry [Value ($B) Shipment Analysis from 2017 to 2028]:

• Construction
• Cooling & Freezing Devices
• Logistics
• Others

Vacuum Insulation Panel Market by Region [Value ($B) Shipment Analysis from 2017 to 2028]:

• North America
• Europe
• Asia Pacific
• The Rest of the World

List of Vacuum Insulation Panel Companies

Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies, vacuum insulation panel companies cater to increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the vacuum insulation panel companies profiled in this report include-

• Evonik Industries
• LG Hausys
• Panasonic Corporation
• BASF
• Rockwool International
• Kingspan Group
• DOW Corning Corporation
• Thermocor
• Microtherm

Vacuum Insulation Panel Market Insights

• Lucintel forecasts that metals will remain the larger segment over the forecast period due to the increasing demand for insulated panel in the construction industry and growing need for refrigerated & processed foods.
• Construction is expected to remain the largest end use industry segment due to the increasing demand for vacuum insulation panels in residential and underground constructions. It also offers other advantages in the construction sector, like the reduced thickness of building components, providing increased indoor space and optimization of land use, and recyclability of constitutive materials after their service life.
• APAC will remain the largest region due to the robust demand for VIPs (very important people) from the construction, as well as logistics & warehouse industries, and developing infrastructure industry in China.

Features of the Vacuum Insulation Panel Market

• Market Size Estimates: Vacuum insulation panel market size estimation in terms of value ($B)
• Trend And Forecast Analysis: Market trends (2017-2022) and forecast (2023-2028) by various segments and regions.
• Segmentation Analysis: Vacuum insulation panel market size by various segments, such as raw material, core material, product type, and end use industry
• Regional Analysis: Vacuum insulation panel market breakdown by North America, Europe, Asia Pacific, and the Rest of the World.
• Growth Opportunities: Analysis on growth opportunities in different raw materials, core materials, product types, end use industries, and regions for the vacuum insulation panel market.
• Strategic Analysis: This includes M&A, new product development, and competitive landscape for the vacuum insulation panel market.
• Analysis of competitive intensity of the industry based on Porter's Five Forces model.

FAQ

Q1. What is the vacuum insulation panel market size?

Answer: The global vacuum insulation panel market is expected to reach an estimated $xx billion by 2028.

Q2. What is the growth forecast for vacuum insulation panel market?

Answer: The global vacuum insulation panel market is expected to grow with a CAGR of 4% to 6% from 2023 to 2028.

Q3. What are the major drivers influencing the growth of the vacuum insulation panel market?

Answer: The major drivers for this market are growing construction activities, an increase in the demand for cold storage containers in the transportation sector, and stringent regulations promoting the energy-efficient materials.

Q4. What are the major segments for vacuum insulation panel market?

Answer: The future of the vacuum insulation panel market looks promising with opportunities in the construction, cooling & freezing devices, and logistics markets.

Q5. What are the emerging trends in vacuum insulation panel market?

Answer: Emerging trends, which have a direct impact on the dynamics of the industry, include rapid industrialization and urbanization, increasing global warming, and investment in infrastructure development.

Q6. Who are the key vacuum insulation panel companies?

Answer: Some of the key vacuum insulation panel companies are as follows:

• Evonik Industries
• LG Hausys
• Panasonic Corporation
• BASF
• Rockwool International
• Kingspan Group
• DOW Corning Corporation
• Thermocor
• Microtherm

Q7. Which vacuum insulation panel segment will be the largest in future?

Answer:Lucintel forecasts that metals will remain the larger segment over the forecast period due to the increasing demand for insulated panels in the construction industry and growing need for refrigerated & processed foods.

Q8. In vacuum insulation panel market, which region is expected to be the largest in next 5 years?

Answer: APAC will remain the largest region due to the robust demand for VIPs (very important people) from the construction, as well as logistics & warehouse industries, and developing infrastructure industry in China.

Q9. Do we receive customization in this report?

Answer: Yes, Lucintel provides 10% Customization Without any Additional Cost.

This report answers following 11 key questions

• Q.1. What are some of the most promising, high-growth opportunities for the vacuum insulation panel market by raw material (plastics and metals), core material (silica, fiberglass, and others), product type (flat panels and special shape panels), end use industry (construction, cooling & freezing devices, logistics, and others), and region (North America, Europe, Asia Pacific, and the Rest of the World)?
• Q.2. Which segments will grow at a faster pace and why?
• Q.3. Which region will grow at a faster pace and why?
• Q.4. What are the key factors affecting market dynamics? What are the key challenges and business risks in this market?
• Q.5. What are the business risks and competitive threats in this market?
• Q.6. What are the emerging trends in this market and the reasons behind them?
• Q.7. What are some of the changing demands of customers in the market?
• Q.8. What are the new developments in the market? Which companies are leading these developments?
• Q.9. Who are the major players in this market? What strategic initiatives are key players pursuing for business growth?
• Q.10. What are some of the competing products in this market and how big of a threat do they pose for loss of market share by material or product substitution?
• Q.11. What M&A activity did occur in the last five years and what has its impact been on the industry?