According to our (Global Info Research) latest study, the global Vacuum Insulation Panel (VIP) market size was valued at US$ 2542 million in 2024 and is forecast to a readjusted size of USD 8949 million by 2031 with a CAGR of 19.9% during review period.
A vacuum insulated panel (VIP) is a form of thermal insulation consisting of a nearly gas-tight enclosure surrounding a rigid core, from which the air has been evacuated. Vacuum insulation panel is the thinnest insulation with the most efficient thermal insulation. They have 8 to 10 time’s lower thermal conductivity than other conventional insulation materials such as rigid foam boards, foam beads or fiber blankets.
The main components of a VIP are inner core, barrier envelope and getters and desiccants. The envelope could either consist of thick metal sheets or multilayer barrier of metalized polymeric layers to provide protection against environmental and handling stresses.
Global Vacuum Insulation Panel (VIP) key players include Panasonic, LG Hausys, Fujian SuperTech, ThermoCor, Porextherm, etc.
Europe is the largest market, with a share about 40%, followed by China, and United States, both have a share over 45 percent.
In terms of product, Fiber Glass is the largest segment, with a share about 75%. And in terms of application, the largest application is Home Appliance, followed by Building Material, Transport, etc.
This report is a detailed and comprehensive analysis for global Vacuum Insulation Panel (VIP) market. Both quantitative and qualitative analyses are presented by manufacturers, by region & country, by Material and by Application. As the market is constantly changing, this report explores the competition, supply and demand trends, as well as key factors that contribute to its changing demands across many markets. Company profiles and product examples of selected competitors, along with market share estimates of some of the selected leaders for the year 2025, are provided.
Key Features:
Global Vacuum Insulation Panel (VIP) market size and forecasts, in consumption value ($ Million), sales quantity (K sqm), and average selling prices (USD/sqm), 2020-2031
Global Vacuum Insulation Panel (VIP) market size and forecasts by region and country, in consumption value ($ Million), sales quantity (K sqm), and average selling prices (USD/sqm), 2020-2031
Global Vacuum Insulation Panel (VIP) market size and forecasts, by Material and by Application, in consumption value ($ Million), sales quantity (K sqm), and average selling prices (USD/sqm), 2020-2031
Global Vacuum Insulation Panel (VIP) market shares of main players, shipments in revenue ($ Million), sales quantity (K sqm), and ASP (USD/sqm), 2020-2025
The Primary Objectives in This Report Are:
To determine the size of the total market opportunity of global and key countries
To assess the growth potential for Vacuum Insulation Panel (VIP)
To forecast future growth in each product and end-use market
To assess competitive factors affecting the marketplace
This report profiles key players in the global Vacuum Insulation Panel (VIP) market based on the following parameters - company overview, sales quantity, revenue, price, gross margin, product portfolio, geographical presence, and key developments. Key companies covered as a part of this study include Panasonic, LG Hausys, Fujian SuperTech, ThermoCor, Va-Q-Tec, Porextherm, Etex Group(Promat and Marley Eternit), Kingspan Insulation, Kevothermal, Turna, etc.
This report also provides key insights about market drivers, restraints, opportunities, new product launches or approvals.
Market Segmentation
Vacuum Insulation Panel (VIP) market is split by Material and by Application. For the period 2020-2031, the growth among segments provides accurate calculations and forecasts for consumption value by Material, and by Application in terms of volume and value. This analysis can help you expand your business by targeting qualified niche markets.
Market segment by Material
Fiber Glass
Precipitated Silica
Fumed Silica
Others
Market segment by Application
Home Appliance
Building Material
Transport
Others
Major players covered
Panasonic
LG Hausys
Fujian SuperTech
ThermoCor
Va-Q-Tec
Porextherm
Etex Group(Promat and Marley Eternit)
Kingspan Insulation
Kevothermal
Turna
Knauf Insulation
OCI Company
Weiaipu New Materials
Qingdao Creek
Yinxing Electric
Market segment by region, regional analysis covers
North America (United States, Canada, and Mexico)
Europe (Germany, France, United Kingdom, Russia, Italy, and Rest of Europe)
Asia-Pacific (China, Japan, Korea, India, Southeast Asia, and Australia)
South America (Brazil, Argentina, Colombia, and Rest of South America)
Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa, and Rest of Middle East & Africa)
The content of the study subjects, includes a total of 15 chapters:
Chapter 1, to describe Vacuum Insulation Panel (VIP) product scope, market overview, market estimation caveats and base year.
Chapter 2, to profile the top manufacturers of Vacuum Insulation Panel (VIP), with price, sales quantity, revenue, and global market share of Vacuum Insulation Panel (VIP) from 2020 to 2025.
Chapter 3, the Vacuum Insulation Panel (VIP) competitive situation, sales quantity, revenue, and global market share of top manufacturers are analyzed emphatically by landscape contrast.
Chapter 4, the Vacuum Insulation Panel (VIP) breakdown data are shown at the regional level, to show the sales quantity, consumption value, and growth by regions, from 2020 to 2031.
Chapter 5 and 6, to segment the sales by Material and by Application, with sales market share and growth rate by Material, by Application, from 2020 to 2031.
Chapter 7, 8, 9, 10 and 11, to break the sales data at the country level, with sales quantity, consumption value, and market share for key countries in the world, from 2020 to 2025.and Vacuum Insulation Panel (VIP) market forecast, by regions, by Material, and by Application, with sales and revenue, from 2026 to 2031.
Chapter 12, market dynamics, drivers, restraints, trends, and Porters Five Forces analysis.
Chapter 13, the key raw materials and key suppliers, and industry chain of Vacuum Insulation Panel (VIP).
Chapter 14 and 15, to describe Vacuum Insulation Panel (VIP) sales channel, distributors, customers, research findings and conclusion.
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