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    Vacuum Insulation Panels Market Report

    Vacuum Insulation Panels Market Report
    Report code - SRCE291 Delivery - 2 Weeks
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    Vacuum Insulation Panels Market Size, Share, Trend, Forecast, & Industry Analysis &nda See more...

    Impact of COVID-19 on Vacuum Insulation Panels Market

    Covid-19 has impacted the market dynamics, competition, and global...

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    Impact of COVID-19 on Vacuum Insulation Panels Market

    Covid-19 has impacted the market dynamics, competition, and global supply chain. The revenues have gone down in 2020 and may resume an uptrend gradually from 2021. Companies optimizing their operation and strategy will sustain and beat the competition.

    Note: The summary below might not have included insights on covid impact since we have large number of reports.

    Market Insights

    Vacuum insulation panels market is likely to witness a healthy CAGR of 4.5% during the forecast period. The growth of the market is driven by the expanding construction and consumer durable industries, along with the rising innovative developments in the industrial sectors. Increasing demand for vacuum insulated panels from cold storage and frozen transportation industries, owing to the increasing quantities of frozen food being transported across the world, marks a major factor driving the growth of the market. In addition, transportation of pharmaceutical products & medicines across the globe has also been contributing to the rapid growth of the vacuum insulated panels market.

    Vacuum Insulation Panels Market – Snapshot

    Growth

    4.5% for the next five years

    Major Product Type

    Flat Vacuum Insulation Panels

    Dominant Core Material Type

    Silica                   

    Region with the highest demand

    Asia-Pacific  

    Key Players

    Evonik Industries AG, LG Hausys Ltd., Panasonic Corporation, Dow Corning Corporation, OCI Company Ltd., Kevothermal, LLC, Porextherm Dämmstoffe GmbH, ThermoCor, Va-Q-Tec AG, and Microtherm

    Segment Analysis

    Vacuum-Insulation-Panels-Market-Dominant-Segments

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    Vacuum Insulation Panels Market Share: By Product Type

    Based on the product type, the market is segmented as flat and special shape. The flat vacuum insulation panels segment held the larger share of the market in 2020, and is expected to remain dominant during the forecast period. Flat vacuum insulation panels are mainly employed in the cooling and freezing devices, logistics industry, and construction industry, and the surge in demand for flat vacuum insulation panels is primarily owing to their higher thermal insulation properties, which is leading to the growth of the segment.

    Vacuum Insulation Panels Market Share: By Core Material Type

    Based on the core material type, the vacuum insulation panels market is segmented as silica, fiberglass, and others. The silica-based vacuum insulation panels segment dominates the market, as silica-based panels are widely used in the construction industry. The exceptional stable thermal insulation properties of silica-based vacuum insulation panels are likely to further drive the demand for the segment.

    Vacuum Insulation Panels Market Share: By Region

    In terms of regions, Asia-Pacific is estimated to be the largest market during the forecast period, with China, Japan, and India being the major countries with lucrative growth opportunities. The growth of the market is mainly driven by the rising construction, infrastructure and industrial sectors in the major economies of the region.

    Vacuum-Insulation-Panels-Market-By-Region

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    Market Scope & Segmentation

    Vacuum insulation panels are high-performance and ultra-thin insulants that are preferred over conventional insulation materials. These panels provide vitality, proficiency, space benefits for home machines, temperature-controlled bundling, and refrigerated transportation frameworks, and are widely used in an array of applications, such as building construction, insulated shipping vessels, and refrigeration units to offer better insulation performance.

    This report studies the market covering a period of 12 years of trend and forecast. The report provides detailed insights into the market dynamics to enable informed business decision making and growth strategy formulation based on the opportunities present in the market.

    Vacuum Insulation Panels Market Research Report – Features

    Market Segmentation

    5

    Regions Covered

    4

    Countries/Sub-Regions Covered

    15

    No. of Figures & Tables

    >150

    Company Profiles

    10

     

    The vacuum insulation panels market is segmented into the following categories. 

    Vacuum Insulation Panels Market Size, Share, & Forecast, by Core Material Type:

    • Silica (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
    • Fiberglass (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
    • Others (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)

    Vacuum Insulation Panels Market Size, Share, & Forecast, by Product Type:

    • Flat (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
    • Special Shape (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)

    Vacuum Insulation Panels Market Size, Share, & Forecast, by Application Type:

    • Construction (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
    • Cooling & Freezing Devices (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
    • Logistics (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
    • Others (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)

    Vacuum Insulation Panels Market Size, Share, & Forecast, by Raw Material Type:

    • Silica (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
    • Fiberglass (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
    • Plastic (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
    • Metal (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
    • Others (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)

    Vacuum Insulation Panels Market Size, Share, & Forecast, by Region:

    • North America (Country Analysis: the USA, Canada, and Mexico) 
    • Europe (Country Analysis: Germany, France, the UK, Russia, and Rest of Europe)
    • Asia-Pacific (Country Analysis: China, Japan, India, and Rest of Asia-Pacific)
    • Rest of the World (Sub-Region Analysis: Latin America, the Middle East, and Others)

    Vacuum-Insulation-Panels-Market-Segmentation

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    Key Players

    Some of the major players in the vacuum insulation panels market are-

    • Evonik Industries AG
    • LG Hausys Ltd.
    • Panasonic Corporation
    • Dow Corning Corporation
    • OCI Company Ltd.
    • Kevothermal, LLC
    • Porextherm Dämmstoffe GmbH
    • ThermoCor
    • Va-Q-Tec AG
    • Microtherm.

    Research Methodology

    This report offers high-quality insights and is the outcome of detailed research methodology comprising extensive secondary research, rigorous primary interviews with industry stakeholders and validation and triangulation with Stratview Research’s internal database and statistical tools. More than 1,000 authenticated secondary sources, such as company annual reports, fact book, press release, journals, investor presentation, white papers, patents, and articles have been leveraged to gather the data. We conducted more than 10 detailed primary interviews with the market players across the value chain in all four regions and with industry experts to obtain both the qualitative and quantitative insights.

    Report Features

    This report provides market intelligence in the most comprehensive way. The report structure has been kept such that it offers maximum business value. It provides critical insights into the market dynamics and will enable strategic decision making for the existing market players as well as those willing to enter the market. The following are the key features of the report:

    • Market structure: Overview, industry life cycle analysis, supply chain analysis
    • Market environment analysis: Growth drivers and constraints, Porter’s five forces analysis, SWOT analysis
    • Market trend and forecast analysis
    • Market segment trend and forecast
    • Competitive landscape and dynamics: Market share, product portfolio, product launches, etc.
    • Attractive market segments and associated growth opportunities
    • Emerging trends
    • Strategic growth opportunities for the existing and new players
    • Key success factors

    Report Customization Options

    With this detailed report, Stratview Research offers one of the following free customization options to our respectable clients:

    Company Profiling

    • Detailed profiling of additional market players (up to 3 players)
    • SWOT analysis of key players (up to 3 players)

    Market Segmentation

    • Current market segmentation of any one of the product types by application type.  

    Competitive Benchmarking

    • Benchmarking of key players on the following parameters: Product portfolio, geographical reach, regional presence, and strategic alliances

    Custom Research: Stratview Research offers custom research services across sectors. In case of any custom research requirement related to market assessment, competitive benchmarking, sourcing and procurement, target screening, and others, please send your inquiry at [email protected]

    Frequently Asked Questions (FAQs)

    The vacuum insulation panels market is expected to witness an impressive growth of 4.5% CAGR in the foreseeable future.

    Evonik Industries AG, LG Hausys Ltd., Panasonic Corporation, Dow Corning Corporation, OCI Company Ltd., Kevothermal, LLC, Porextherm Dmmstoffe GmbH, ThermoCor, Va-Q-Tec AG, and Microtherm are among the key players in the vacuum insulation panels market.

    Asia-pacific is expected to be the largest vacuum insulation panels market during the forecast period.

    The silica-based vacuum insulation panels segment dominates the vacuum insulation panels market.

    The flat vacuum insulation panels segment is expected to remain dominant in the vacuum insulation panels market in the coming years.

    Expanding construction and consumer durable industries, increasing demand for vacuum insulated panels from cold storage and frozen transportation industries are the factors driving the growth of vacuum insulation panels market.

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