Global Vacuum Insulation Panel
Market Report
2025
Vacuum insulation panel market size is USD 8154.2 million in 2024 and will expand at a compound annual growth rate (CAGR) of 6.00% from 2024 to 2031.
The base year for the calculation is 2024 and 2021 to 2024 will be historical period. The year 2025 will be estimated one while the forecasted data will be from year 2025 to 2033. When we deliver the report that time we updated report data till the purchase date.
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According to Cognitive Market Research, the global vacuum insulation panel market size is USD 8154.2 million in 2024 and will expand at a compound annual growth rate (CAGR) of 6.00% from 2024 to 2031.
2019 | 2024 | 2025 | 2032 | 2033 | CAGR | |
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Global Vacuum Insulation Panel Market Sales Revenue | 121212 | $ 8154.2 Million | 121212 | 121212 | 121212 | 6% |
North America Vacuum Insulation Panel Market Sales Revenue | 121212 | $ 3261.68 Million | 121212 | 121212 | 121212 | 4.2% |
Europe Vacuum Insulation Panel Market Sales Revenue | 121212 | $ 2446.26 Million | 121212 | 121212 | 121212 | 4.5% |
Asia Pacific Vacuum Insulation Panel Market Sales Revenue | 121212 | $ 1875.47 Million | 121212 | 121212 | 121212 | 5.4% |
South America Vacuum Insulation Panel Market Sales Revenue | 121212 | $ 407.71 Million | 121212 | 121212 | 121212 | 5.4% |
Middle East and Africa Vacuum Insulation Panel Market Sales Revenue | 121212 | $ 163.08 Million | 121212 | 121212 | 121212 | 5.7% |
Base Year | 2024 |
Historical Data Time Period | 2021-2024 |
Forecast Period | 2025-2033 |
Market Split by Core Material |
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Market Split by Type |
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Market Split by Application |
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Market Split by Raw Material |
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List of Competitors |
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Regional Analysis |
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Country Analysis |
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Vacuum Insulation Panel Market is Segmented as below. Particular segment of your interest can be provided without any additional cost. Download the Sample Pages!
Vacuum insulation panels are advanced thermal insulation solutions characterized by a highly efficient vacuum core, encased within a gas-impermeable barrier. These panels exhibit exceptional insulating properties, minimizing heat transfer through their low thermal conductivity. VIPs are renowned for their compactness and lightweight design, making them ideal for diverse applications in construction, refrigeration, and transportation industries. By significantly reducing energy consumption and space requirements compared to traditional insulation materials, Vacuum Insulation Panels offer sustainable and cost-effective solutions for enhancing thermal efficiency in various structures and systems, thus contributing to environmental conservation and energy savings.
Rapid urbanization is a driving force behind the increased demand for space-saving construction solutions, consequently boosting sales of vacuum insulation panels (VIPs). As urban populations swell, there's a heightened need for efficient utilization of space in high-density urban areas. VIPs, with their compact design and superior thermal insulation properties, allow for thinner walls and reduced overall building footprint without compromising energy efficiency. Builders and developers are increasingly turning to VIPs to maximize usable space while meeting stringent energy efficiency requirements. This trend is expected to continue as urbanization persists, further propelling the sales of vacuum insulation panels in the construction sector.
In March 2021, Panasonic Corporation unveiled plans to introduce rental services featuring VIXELL, the world's pioneering Vacuum Insulated cooling box integrating contactless power supply technology. This innovation empowers users to assess insulation performance seamlessly. The service encompasses rentals, reception facilities, precooling arrangements, delivery services, and more.
(Source: https://news.panasonic.com/global/press/en210302-5)
Increasing focus on sustainability is a key driver propelling the sales of vacuum insulation panels (VIPs). As global concerns over climate change escalate, industries and consumers alike are prioritizing environmentally friendly solutions. VIPs offer a compelling option, as they significantly reduce energy consumption and carbon emissions compared to conventional insulation materials. Builders, architects, and developers are increasingly integrating VIPs into their projects to meet sustainability goals and obtain green certifications like LEED (Leadership in Energy and Environmental Design). Moreover, governmental regulations mandating energy-efficient building standards further boost the demand for VIPs. Additionally, heightened awareness among consumers about the environmental impact of their choices drives demand for sustainable products, including VIPs, in both residential and commercial applications. As a result, the market for VIPs is expected to experience substantial growth driven by this sustainability-focused paradigm shift.
Stringent regulations for energy-efficient construction are playing a pivotal role in expanding the market reach of vacuum insulation panels (VIPs). Governments worldwide are implementing rigorous building codes and standards aimed at reducing carbon emissions and energy consumption in the construction sector. VIPs, with their exceptional thermal performance and space-saving attributes, align perfectly with these regulations. Builders and developers are increasingly turning to VIPs to meet and exceed mandated energy efficiency requirements, driving demand for these advanced insulation solutions. Moreover, incentives and subsidies offered by governments to promote sustainable building practices further incentivize the adoption of VIPs. As awareness of environmental issues grows, consumers are also seeking energy-efficient and environmentally friendly options, further bolstering the market for VIPs. Consequently, the stringent regulatory landscape for energy-efficient construction acts as a significant catalyst for the widespread adoption and market expansion of vacuum insulation panels.
Fragility and handling concerns pose significant challenges that can limit the sales of vacuum insulation panels (VIPs). Due to their delicate nature, VIPs require careful handling during transportation, installation, and maintenance. Mishandling can result in damage to the panels, compromising their insulation effectiveness and leading to additional costs for replacement or repair. Moreover, the fragility of VIPs can deter potential customers who are apprehensive about the risks associated with their installation and ongoing maintenance. Addressing these concerns requires robust packaging and handling protocols, specialized training for installers, and the development of protective measures to safeguard VIPs during transport and installation. Overcoming these challenges is crucial to building confidence among customers and ensuring the successful adoption and market growth of vacuum insulation panels in various applications.
The Covid-19 pandemic has had a significant negative impact on the vacuum insulation panel (VIP) market. With widespread disruptions across industries and economies, construction projects were delayed or canceled, leading to reduced demand for VIPs in the building sector. Supply chain disruptions and logistical challenges further exacerbated the situation, hindering the production and distribution of VIPs. Moreover, the economic downturn caused by the pandemic resulted in budget cuts and reduced investments in energy-efficient solutions, dampening the adoption of VIPs. Additionally, the slowdown in manufacturing activities and reduced consumer spending affected the demand for cooling and refrigeration systems, impacting the market for VIPs in this sector. Overall, the uncertainties and challenges brought about by the Covid-19 pandemic have significantly impeded the growth trajectory of the vacuum insulation panel market.
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The competitive landscape of the Vacuum Insulation Panel market is characterized by intense rivalry, driven by innovation, product differentiation, and strategic partnerships. Companies compete on factors such as technology advancements, pricing strategies, and market penetration to gain a competitive edge in the industry.
Top Companies Market Share in Vacuum Insulation Panel Industry: (In no particular order of Rank)
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According to Cognitive Market Research, North America dominated the market in 2024 and accounted for around 40% of the global revenue due to stringent building regulations promoting energy efficiency. Additionally, rising awareness among consumers about sustainable construction solutions drives demand. Moreover, technological advancements and the presence of key market players contribute to market dominance in the region.
Asia-Pacific is the fastest-growing region due to rapid urbanization and industrialization. Increasing construction activities, particularly in emerging economies like China and India, propel market expansion. Moreover, government initiatives promoting energy efficiency and green building standards further boost sales. Additionally, the growing adoption of refrigeration systems in the food and beverage industry drives demand for VIPs in cooling applications.
The current report Scope analyzes Vacuum Insulation Panel Market on 5 major region Split (In case you wish to acquire a specific region edition (more granular data) or any country Edition data then please write us on info@cognitivemarketresearch.com
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As per the current market study, out of xxxx Million USD global market revenue 2025, North America market holds xx% of the market share. The North America Vacuum Insulation Panel industry grew from xxxx Million USD in 2021 to xxxx Million USD in 2025 and will record xx% growth. In coming future this industry will reach xxxx Million by 2033 with a xx% CAGR.
According to Cognitive Market Research, the global vacuum insulation panel market size was estimated at USD 8154.2 Million out of which North America held the major market of around 40% of the global revenue with a market size of USD 3261.68 million in 2024 and will grow at a compound annual growth rate (CAGR) of 4.2% from 2024 to 2031. Sales of vacuum insulation panels (VIPs) are set to rise in North America due to increasing adoption of energy-efficient building practices mandated by stringent regulations. Additionally, the rising demand for sustainable construction solutions amidst growing environmental awareness further drives market growth. Moreover, technological advancements in VIP manufacturing enhance product performance and affordability, stimulating market expansion. The construction segment holds the highest market share in North America, propelled by the need for energy-efficient building materials to meet regulatory requirements and sustainability goals.
Country Analysis
As per the current market study, out of xxxx Million USD global market revenue 2025, Europe market holds xx% of the market share. The Europe Vacuum Insulation Panel industry grew from xxxx Million USD in 2021 to xxxx Million USD in 2025 and will record xx% growth. In coming future this industry will reach xxxx Million by 2033 with a xx% CAGR.
According to Cognitive Market Research, with a market value of USD 8154.2 million in 2024 and projected to expand at a compound annual growth rate (CAGR) of 4.5% from 2024 to 2031. Europe accounted for a share of around 30% of the global market size of USD 2446.26 million. In Europe, sales of vacuum insulation panels (VIPs) are poised for growth owing to stringent energy efficiency regulations driving demand in the construction sector. Moreover, the increasing emphasis on reducing carbon emissions and achieving sustainability goals further boosts market expansion. Additionally, advancements in VIP technology, such as improved thermal performance and durability, enhance product appeal. Furthermore, the cooling & freezing devices segment holds the highest market share in Europe, driven by the need for energy-efficient refrigeration solutions in various industries such as food & beverage and pharmaceuticals.
As per the current market study, out of xxxx Million USD global market revenue 2025, Asia Pacific market holds xx% of the market share. The Asia Pacific Vacuum Insulation Panel industry grew from xxxx Million USD in 2021 to xxxx Million USD in 2025 and will record xx% growth. In coming future this industry will reach xxxx Million by 2033 with a xx% CAGR.
According to Cognitive Market Research, the global vacuum insulation panel market size was estimated at USD 8154.2 Million out of which Asia Pacific held the market of around 23% of the global revenue with a market size of USD 1875.47 million in 2024 and will grow at a compound annual growth rate (CAGR) of 5.4% from 2024 to 2031. The Asia Pacific region is witnessing a surge in vacuum insulation panel (VIP) sales due to rapid urbanization and industrialization driving construction activities. Additionally, the growing adoption of refrigeration systems in the food & beverage industry fuels demand for VIPs in cooling applications. Moreover, government initiatives promoting energy efficiency and green building standards further boost market growth. Furthermore, the silica segment holds the highest market share in Asia Pacific, driven by its exceptional thermal insulation properties and widespread availability, catering to the diverse construction and refrigeration needs of the region.
As per the current market study, out of xxxx Million USD global market revenue 2025, South America market holds xx% of the market share. The South America Vacuum Insulation Panel industry grew from xxxx Million USD in 2021 to xxxx Million USD in 2025 and will record xx% growth. In coming future this industry will reach xxxx Million by 2033 with a xx% CAGR.
According to Cognitive Market Research, the global vacuum insulation panel market size was estimated at USD 8154.2 Million out of which Latin America market of around 5% of the global revenue with a market size of USD 407.71 million in 2024 and will grow at a compound annual growth rate (CAGR) of 5.4% from 2024 to 2031. Sales of vacuum insulation panels (VIPs) in Latin America are on the rise due to increasing construction activities and the growing demand for energy-efficient building materials. Additionally, the expanding food & beverage industry drives the adoption of VIPs in cooling applications, enhancing market growth. Moreover, government initiatives promoting sustainable development and energy efficiency further stimulate market expansion. Furthermore, the construction segment holds the highest market share in Latin America, driven by the need for energy-efficient solutions to meet regulatory requirements and address environmental concerns.
As per the current market study, out of xxxx Million USD global market revenue 2025, Middle East and Africa market holds xx% of the market share. The Middle East and Africa Vacuum Insulation Panel industry grew from xxxx Million USD in 2021 to xxxx Million USD in 2025 and will record xx% growth. In coming future this industry will reach xxxx Million by 2033 with a xx% CAGR.
According to Cognitive Market Research, the global vacuum insulation panel market size was estimated at USD 8154.2 Million out of which Middle East and Africa held the major market of around 2% of the global revenue with a market size of USD 163.08 million in 2024 and will grow at a compound annual growth rate (CAGR) of 5.7% from 2024 to 2031. In the Middle East and Africa (MEA) region, sales of vacuum insulation panels (VIPs) are increasing due to the rising focus on sustainable construction practices and energy efficiency initiatives. Additionally, the growing demand for refrigeration solutions in the food & beverage sector drives market growth. Moreover, government investments in infrastructure development and urbanization projects further propel the adoption of VIPs. Furthermore, the cooling & freezing devices segment holds the highest market share in MEA, driven by the need for efficient refrigeration solutions to preserve perishable goods in hot climates and meet the growing demand for cold chain logistics.
Global Vacuum Insulation Panel Market Report 2024 Edition talks about crucial market insights with the help of segments and sub-segments analysis. In this section, we reveal an in-depth analysis of the key factors influencing Vacuum Insulation Panel Industry growth. Vacuum Insulation Panel market has been segmented with the help of its Core Material, Type Application, and others. Vacuum Insulation Panel market analysis helps to understand key industry segments, and their global, regional, and country-level insights. Furthermore, this analysis also provides information pertaining to segments that are going to be most lucrative in the near future and their expected growth rate and future market opportunities. The report also provides detailed insights into factors responsible for the positive or negative growth of each industry segment.
According to Cognitive Market Research, silica held the major market share over the forecast period due to its excellent thermal insulation properties and widespread availability. Moreover, its compatibility with various applications, including construction and refrigeration, drives sales. Additionally, the growing focus on sustainability and energy efficiency further propels the adoption of silica-based vacuum insulation panels. Furthermore, advancements in manufacturing technologies enhance the performance and affordability of silica-based VIPs, contributing to their market dominance.
Fiberglass is the fastest-growing category over the forecast period owing to its superior mechanical strength and durability. The increasing demand for lightweight and high-strength insulation solutions in various industries, including construction and transportation, fuels sales growth. Additionally, fiberglass VIPs offer excellent resistance to moisture and fire, further expanding their applications. Moreover, ongoing research and development efforts to improve fiberglass insulation technologies enhance their thermal performance and cost-effectiveness, driving market penetration.
The above Chart is for representative purposes and does not depict actual sale statistics. Access/Request the quantitative data to understand the trends and dominating segment of Vacuum Insulation Panel Industry. Request a Free Sample PDF!
According to Cognitive Market Research, flat hold a prominent market share due to their versatility and ease of installation in various applications. Their flat design allows for seamless integration into walls, ceilings, and floors, making them ideal for construction projects. Additionally, flat VIPs offer space-saving benefits, maximizing usable area in buildings. Moreover, their compatibility with standard building materials and construction techniques further enhances their appeal to architects, builders, and developers.
Special shape is the fastest-growing category over the forecast period due to its ability to cater to unique and custom applications. Special-shaped vacuum insulation panels offer flexibility in design, allowing for precise fitting in unconventional spaces or complex structures. Industries seeking tailored insulation solutions, such as automotive and aerospace, drive demand for special-shaped VIPs. Moreover, advancements in manufacturing technologies enable cost-effective production of customized shapes, further fuelling sales growth in this segment.
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According to Cognitive Market Research, construction hold a prominent market share due to increasing demand for energy-efficient building solutions. Vacuum insulation panels (VIPs) offer superior thermal performance, meeting stringent energy efficiency standards and regulations. Moreover, growing awareness about sustainability drives adoption in green building projects. Additionally, the versatility of VIPs in various construction applications, including walls, roofs, and floors, further boosts sales.
Cooling & freezing devices is the fastest-growing category over the forecast period due to expanding refrigeration needs in industries such as food & beverage and pharmaceuticals. VIPs provide excellent insulation for refrigerated storage and transport, preserving product quality and reducing energy consumption. Moreover, advancements in cold chain logistics and increasing demand for temperature-sensitive goods drive the adoption of VIPs in cooling and freezing devices, propelling sales growth in this segment.
According to Cognitive Market Research, Silica hold a prominent market share due to its excellent thermal insulation properties, versatility, and widespread availability. Its compatibility with diverse applications, including construction and refrigeration, drives sales. Additionally, the growing emphasis on sustainability and energy efficiency further propels the adoption of silica-based vacuum insulation panels (VIPs). Furthermore, advancements in manufacturing technologies enhance the performance and affordability of silica-based VIPs, contributing to their market dominance.
Plastic is the fastest-growing category over the forecast period due to its versatility, lightweight nature, and cost-effectiveness. Plastic vacuum insulation panels (VIPs) offer excellent thermal insulation properties while being easier to handle and install compared to traditional materials. Moreover, advancements in plastic technologies enable the production of VIPs with enhanced durability and insulation performance. Additionally, the growing demand for lightweight and space-saving insulation solutions across various industries, including construction and automotive, drives the sales growth of plastic VIPs.
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Core Material | Silica, Fiberglass, Others |
Type | Flat, Special shape |
Application | Construction, Cooling & freezing devices, Logistics, Others |
Raw Material | Silica, Fiberglass, Plastic, Metal, Others |
List of Competitors | Evonik Industries AG, Panasonic Corporation, Dow, Knauf Insulation, OCI Company Ltd |
This chapter will help you gain GLOBAL Market Analysis of Vacuum Insulation Panel. Further deep in this chapter, you will be able to review Global Vacuum Insulation Panel Market Split by various segments and Geographical Split.
Chapter 1 Global Market Analysis
Global Market has been segmented on the basis 5 major regions such as North America, Europe, Asia-Pacific, Middle East & Africa, and Latin America.
You can purchase only the Executive Summary of Global Market (2019 vs 2024 vs 2031)
Global Market Dynamics, Trends, Drivers, Restraints, Opportunities, Only Pointers will be deliverable
This chapter will help you gain North America Market Analysis of Vacuum Insulation Panel. Further deep in this chapter, you will be able to review North America Vacuum Insulation Panel Market Split by various segments and Country Split.
Chapter 2 North America Market Analysis
This chapter will help you gain Europe Market Analysis of Vacuum Insulation Panel. Further deep in this chapter, you will be able to review Europe Vacuum Insulation Panel Market Split by various segments and Country Split.
Chapter 3 Europe Market Analysis
This chapter will help you gain Asia Pacific Market Analysis of Vacuum Insulation Panel. Further deep in this chapter, you will be able to review Asia Pacific Vacuum Insulation Panel Market Split by various segments and Country Split.
Chapter 4 Asia Pacific Market Analysis
This chapter will help you gain South America Market Analysis of Vacuum Insulation Panel. Further deep in this chapter, you will be able to review South America Vacuum Insulation Panel Market Split by various segments and Country Split.
Chapter 5 South America Market Analysis
This chapter will help you gain Middle East and Africa Market Analysis of Vacuum Insulation Panel. Further deep in this chapter, you will be able to review Middle East and Africa Vacuum Insulation Panel Market Split by various segments and Country Split.
Chapter 6 Middle East and Africa Market Analysis
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Chapter 7 Top 10 Countries Analysis (Only Available with Corporate User License)
This chapter provides an in-depth analysis of the market share among key competitors of Vacuum Insulation Panel. The analysis highlights each competitor's position in the market, growth trends, and financial performance, offering insights into competitive dynamics, and emerging players.
Chapter 8 Competitor Analysis (Subject to Data Availability (Private Players))
(Subject to Data Availability (Private Players))
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
This chapter would comprehensively cover market drivers, trends, restraints, opportunities, and various in-depth analyses like industrial chain, PESTEL, Porter’s Five Forces, and ESG, among others. It would also include product life cycle, technological advancements, and patent insights.
Chapter 9 Qualitative Analysis (Subject to Data Availability)
Segmentation Core Material Analysis 2019 -2031, will provide market size split by Core Material. This Information is provided at Global Level, Regional Level and Top Countries Level The report with the segmentation perspective mentioned under this chapters will be delivered to you On Demand. So please let us know if you would like to receive this additional data as well. No additional cost will be applicable for the same.
Chapter 10 Market Split by Core Material Analysis 2021 - 2033
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Chapter 11 Market Split by Type Analysis 2021 - 2033
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Chapter 12 Market Split by Application Analysis 2021 - 2033
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Chapter 13 Market Split by Raw Material Analysis 2021 - 2033
This chapter helps you understand the Key Takeaways and Analyst Point of View of the global Vacuum Insulation Panel market
Chapter 14 Research Findings
Here the analyst will summarize the content of entire report and will share his view point on the current industry scenario and how the market is expected to perform in the near future. The points shared by the analyst are based on his/her detailed in-depth understanding of the market during the course of this report study. You will be provided exclusive rights to interact with the concerned analyst for unlimited time pre purchase as well as post purchase of the report.
Why Silica have a significant impact on Vacuum Insulation Panel market? |
What are the key factors affecting the Silica and Fiberglass of Vacuum Insulation Panel Market? |
What is the CAGR/Growth Rate of Flat during the forecast period? |
By type, which segment accounted for largest share of the global Vacuum Insulation Panel Market? |
Which region is expected to dominate the global Vacuum Insulation Panel Market within the forecast period? |
Segmentation Level Customization |
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Additional Qualitative Data |
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