What is Vacuum Insulation Panel Market Scope?
A vacuum insulated panel (VIP) is a type of thermal insulation that consists of a nearly gas-tight inclusion surrounding a rigid core, from which the air has been evacuated. These panels have the thinnest insulation with the most efficient thermal insulation property. It is also seen that according to the International Energy Agency, wider use of these products is likely to reduce CO2 emission. With the tremendous increase of construction in Asia- Pacific region is driving this industry in forecasted years.
Influencing Trend:
Rising Adoption of VIPs for Automated Storage and Retrieval Across the World
Market Growth Drivers:
The Rise in Demand for these Panels in Building and Construction Industry and These are Considered as an Essential Component in the Construction Industry Owing to their High Thermal Resistance
Challenges:
The Heavyweight of the Panels can Become a Challenge in this Industry and Issues Related Towards Shorter shelf life of this Panel
Restraints:
High Cost for Non-Standard Sizes of this Panel and Concern Towards its Fragility
Opportunities:
R&D Initiatives to Introduce Automated Panels, with an Aim to Reduce VIPs cost and Increasing Stringent Regulations Promoting the Energy-Efficient Materials for these Panels
The Vacuum Insulation Panel market study is being classified by Type (Precipitated silica Vacuum Insulation Panel, Fumed silica Vacuum Insulation Panel, Nanogel Vacuum Insulation Panel and Glass fiber Vacuum Insulation Panel), by Application and major geographies with country level break-up.
Analysts at AMA predicts that Vendors from United States will contribute to the maximum growth of Global Vacuum Insulation Panel market throughout the predicted period.
Va-Q-Tec AG (Germany), Panasonic Corporation (Japan), LG Hausys Ltd. (South Korea), Evonik Industries AG (Germany), Dow Corning Corporation (United States), OCI Company Ltd. (South Korea), Microtherm (Germany), Kevothermal, LLC. (United States), Porextherm Dämmstoffe GmbH (Germany) and Thermocor (United States) are some of the key players profiled in the study. Additionally, the Vendors which are also part of the research are Kingspan Insulation (Ireland), Knauf Insulation (Europe) and Fujian SuperTech (China).
Segmentation Analysis
Analyst at AMA have segmented the market study of Global Vacuum Insulation Panel market by Type, Application and Region.
On the basis of geography, the market of Vacuum Insulation Panel has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico).
In July 2019, Tata Steel launched its Platinum Plus system which is designed to provide assurance to architects, and building owners with the provision of tailored specification, technical support and guaranteed system performance of up to thirty years.
Key Target Audience
Vacuum Insulation Panels Manufacturers, Dealers and Suppliers of Vacuum Insulation Panels., Traders and Distributors of Vacuum Insulation Panels., Regulatory organizations and Others
Vacuum Insulation Panel Market Study: Important Years
Attributes | Details |
---|
Study Period | 2018-2028 |
Base Year | 2022 |
Forecast Period | 2023-2028 |
Historical Period | 2018-2022 |
Unit | Value (USD Million) |
Customization Scope | Avail customization with purchase of this report. Add or modify country, region & or narrow down segments in the final scope subject to feasibility |
Major Highlights of Market Study
Demand Determinants: Identifying top-notch application and business segments that seek high growth potentials in Vacuum Insulation Panel Market.
Key Strategic Developments: To target untapped regions more aggressively by focusing on product/service developments, innovation and R & D, new launches, Merger & acquisitions, JVs & partnerships.
Forces & Market Dynamics: Growth drivers, restraints & opportunities available in Vacuum Insulation Panel industry is examined with reference relevant market sectors and sub-sectors.
Customization available in this Study:
The Study can be customized to meet your requirements. Please connect with our representative, who will ensure you get a report that suits your needs.
To compete effectively, companies also require quantitative estimates of the future growth and qualitative nature of the market. AMA Research features not just specific market sizing estimates, but also includes significant value-added commentary on Technological Trends and Innovations, Regulatory Policies, Market Maturity Indicators, Market Share Movements, New Entrants into the Market & Entry/Exit Barriers, Consumer Demographics, Supporting Company Financial and Cash Flow Planning, Open Up New Markets, To Seize Powerful Market Opportunities, Key Decision in Planning and to Further Expand Market Share, Identify Key Business Segments, Market Proposition & Gap Analysis.