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

By Raw Material;

Plastics and Metal.

By Core Material;

Silica, Fiberglass and Other.

By Structure Type;

Flat and Special Shape.

By Application;

Construction, Cooling and Freezing Devices, Logistics and Other.

By Geography;

North America, Europe, Asia Pacific, Middle East and Africa and Latin America - Report Timeline (2021 - 2031).
Report ID: Rn105981715 Published Date: January, 2025 Updated Date: February, 2025

Introduction

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

In the year 2024, the Global Vacuum Insulation Panel Market was valued at USD 7,751.98 million. The size of this market is expected to increase to USD 11,054.08 million by the year 2031, while growing at a Compounded Annual Growth Rate (CAGR) of 5.2%.

The global vacuum insulation panel (VIP) market is experiencing notable growth, driven by increasing demand for energy-efficient building materials and advancements in insulation technology. Vacuum insulation panels are ultra-thin, highly efficient insulation materials that offer significantly higher thermal resistance compared to traditional insulation products. These panels are widely used in construction, refrigeration, and logistics sectors where space and energy savings are critical considerations.

One of the primary drivers of market growth is the growing emphasis on sustainable building practices and energy efficiency. VIPs enable buildings to achieve higher levels of thermal insulation while minimizing overall construction footprint, thereby reducing energy consumption for heating and cooling. As governments worldwide implement stricter energy efficiency regulations and incentivize sustainable building certifications, the adoption of vacuum insulation panels is expected to rise across residential, commercial, and industrial sectors.

Geographically, developed regions such as North America and Europe dominate the global vacuum insulation panel market. These regions benefit from robust infrastructure development, stringent building codes promoting energy efficiency, and high consumer awareness regarding sustainable construction practices. However, rapid urbanization and increasing construction activities in emerging economies of Asia-Pacific and Latin America are driving significant market expansion. Countries like China, India, and Brazil are witnessing growing investments in infrastructure projects, boosting the demand for VIPs in both new constructions and retrofit applications.

Technological innovation plays a crucial role in shaping the VIP market landscape. Ongoing research and development efforts focus on enhancing the thermal performance, durability, and cost-effectiveness of vacuum insulation panels. Innovations in panel design and manufacturing processes are expected to further drive adoption across various end-use industries. As the market continues to evolve, vacuum insulation panels are poised to play a vital role in meeting global energy efficiency goals and advancing sustainable building practices.

  1. Introduction
    1. Research Objectives and Assumptions
    2. Research Methodology
    3. Abbreviations
  2. Market Definition & Study Scope
  3. Executive Summary
    1. Market Snapshot, By Raw Material
    2. Market Snapshot, By Core Material
    3. Market Snapshot, By Structure Type
    4. Market Snapshot, By Application
    5. Market Snapshot, By Region
  4. Global Vacuum Insulation Panel Market Dynamics
    1. Drivers, Restraints and Opportunities
      1. Drivers
        1. Increasing Demand for Energy-Efficient Building Materials
        2. Stringent Energy Efficiency Regulations
        3. Advancements in Insulation Technology
      2. Restraints
        1. High Initial Costs and Installation Challenges
        2. Limited Awareness and Market Penetration
        3. Technical and Durability Concerns
      3. Opportunities
        1. Rising Construction Activities in Emerging Economies
        2. Technological Innovations and Product Development
        3. Growing Focus on Sustainable Building Practices
    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 Panel Market, By Raw Material, 2021 - 2031 (USD Million)
      1. Plastics
      2. Metal
    2. Global Vacuum Insulation Panel Market, By Core Material, 2021 - 2031 (USD Million)
      1. Silica
      2. Fiberglass
      3. Other
    3. Global Vacuum Insulation Panel Market, By Structure Type, 2021 - 2031 (USD Million)
      1. Flat
      2. Special Shape
    4. Global Vacuum Insulation Panel Market, By Application, 2021 - 2031 (USD Million)
      1. Construction
      2. Cooling and Freezing Devices
      3. Logistics
      4. Other
    5. Global Vacuum Insulation Panel 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. Chuzhou Yinxing Electric Co. Ltd
      2. Csafe Global
      3. Dow
      4. Evonik Industries AG
      5. Fujian SuperTech Advanced Material Co. Ltd
      6. Avery Dennison
      7. KCC Corporation
      8. Kevothermal LLC
      9. Kingspan Insulation Ltd
      10. Knauf Insulation
      11. LG Hausys Ltd
      12. Morgan Advanced Materials
      13. OCI Company Ltd
      14. Panasonic Corporation
      15. Promat
      16. Thermal Vision Inc
      17. TURNA DOO
      18. Va-Q-Tec AG
  7. Analyst Views
  8. Future Outlook of the Market