Global Vacuum Insulation Panels Market Growth, Share, Size, Trends and Forecast (2025 - 2031)

By Core Material;

Silica - Fumed Silica & Precipitated Silica, Fiberglass, and Others.

By Type;

Flat, and Special Shape.

By Application;

Construction, Cooling & Freezing Devices, Logistics, and Others.

By Geography;

North America, Europe, Asia Pacific, Middle East and Africa, and Latin America - Report Timeline (2021 - 2031).
Report ID: Rn137407490 Published Date: March, 2025 Updated Date: April, 2025

Introduction

Global Vacuum Insulation Panels Market (USD Million), 2021 - 2031

In the year 2024, the Global Vacuum Insulation Panels Market was valued at USD 9,133.25 million. The size of this market is expected to increase to USD 12,681.02 million by the year 2031, while growing at a Compounded Annual Growth Rate (CAGR) of 4.8%.

The global vacuum insulation panels (VIP) market is experiencing robust growth, driven by escalating demand for energy-efficient construction materials across various industries. VIPs offer superior insulation properties compared to traditional materials like foam or fiberglass, making them a preferred choice for applications requiring high thermal resistance in limited space. As the world intensifies its focus on sustainability and energy conservation, the market for VIPs is poised for significant expansion.

The global VIP market is the burgeoning construction sector, particularly in regions witnessing rapid urbanization and infrastructure development. VIPs find extensive usage in building envelopes, refrigeration units, and cold chain logistics due to their exceptional thermal performance and space-saving attributes. Additionally, stringent building codes and regulations mandating enhanced energy efficiency standards are further augmenting the adoption of VIPs in construction projects worldwide.

The automotive and aerospace industries are emerging as promising segments for VIP applications, driven by the need to reduce vehicle weight and enhance fuel efficiency. VIPs enable the design of lightweight yet thermally efficient components, thereby contributing to the overall sustainability goals of these industries. With continuous advancements in manufacturing technologies and growing awareness about the benefits of VIPs, the global market is expected to witness sustained growth in the coming years, offering lucrative opportunities for manufacturers, suppliers, and investors alike.

  1. Introduction
    1. Research Objectives and Assumptions
    2. Research Methodology
    3. Abbreviations
  2. Market Definition & Study Scope
  3. Executive Summary
    1. Market Snapshot, By Core Material
    2. Market Snapshot, By Type
    3. Market Snapshot, By Application
    4. Market Snapshot, By Region
  4. Global Vacuum Insulation Panels Market Dynamics
    1. Drivers, Restraints and Opportunities
      1. Drivers
        1. Sustainable Construction Practices
        2. Growing Construction Industry
        3. Increasing Demand for Cold Chain Logistics
      2. Restraints
        1. High Initial Cost
        2. Limited Awareness
        3. Transportation Constraints
      3. Opportunities
        1. Green Building Initiatives
        2. Innovations in Manufacturing Processes
        3. Untapped Applications in Automotive
    2. PEST Analysis
      1. Political Analysis
      2. Economic Analysis
      3. Social Analysis
      4. Technological Analysis
    3. Porter's Analysis
      1. Bargaining Power of Suppliers
      2. Bargaining Power of Buyers
      3. Threat of Substitutes
      4. Threat of New Entrants
      5. Competitive Rivalry
  5. Market Segmentation
    1. Global Vacuum Insulation Panels Market, By Core Material, 2021 - 2031 (USD Million)
      1. Silica
        1. Fumed Silica
        2. Precipitated Silica
      2. Fiberglass
      3. Others
    2. Global Vacuum Insulation Panels Market, By Type, 2021 - 2031 (USD Million)
      1. Flat
      2. Special Shape
    3. Global Vacuum Insulation Panels Market, By Application, 2021 - 2031 (USD Million)
      1. Construction
      2. Cooling & Freezing Devices
      3. Logistics
      4. Others
    4. Global Vacuum Insulation Panels Market, By Geography, 2021 - 2031 (USD Million)
      1. North America
        1. United States
        2. Canada
      2. Europe
        1. Germany
        2. United Kingdom
        3. France
        4. Italy
        5. Spain
        6. Nordic
        7. Benelux
        8. Rest of Europe
      3. Asia Pacific
        1. Japan
        2. China
        3. India
        4. Australia & New Zealand
        5. South Korea
        6. ASEAN (Association of South East Asian Countries)
        7. Rest of Asia Pacific
      4. Middle East & Africa
        1. GCC
        2. Israel
        3. South Africa
        4. Rest of Middle East & Africa
      5. Latin America
        1. Brazil
        2. Mexico
        3. Argentina
        4. Rest of Latin America
  6. Competitive Landscape
    1. Company Profiles
      1. Evonik Industries AG
      2. LG Hausys Ltd.
      3. Panasonic Corporation
      4. DOW Corning Corporation
      5. OCI Company Ltd.
      6. Kevothermal, LLC
      7. Porextherm Ddmmstoffe GmbH
      8. Thermocor
      9. Va-Q-Tec AG
      10. Microtherm
  7. Analyst Views
  8. Future Outlook of the Market