Materials & Chemicals

Vacuum Insulation Panels Market by Raw Material (Plastics and Metals), Core Material (Silica, Fiberglass, and Others), Type (Flat Panel and Special Shape Panel), and End-User Industry (Construction, Cooling & Freezing Devices, Logistics, and Others) - Global Opportunity Analysis and Industry Forecast, 2014-2022

  • ALL1181322
  • 223 Pages
  • March 2017
  • Materials & Chemicals

Vacuum insulation panels (VIPs) are ultra-thin, high-performance insulants that are expected to be 20 times more viable than traditional protection items. VIPs provides vitality proficiency, space benefits for home machines, temperature-controlled bundling, and refrigerated transportation frameworks.

The global vacuum insulation panels market was valued at $5,220 million in 2015, and is anticipated to reach $8,829 million by 2022, growing at a CAGR of 7.9% from 2016 to 2022. In terms of volume, the market is anticipated to grow at a CAGR of 7.1% during the forecast period. It is segmented based on raw material, core material, type, end-use industry, and geography. The demand for vacuum insulation panels is growing, due to the advancements in the mechanical divisions and development in the purchaser durables businesses.

Based on the raw material, the market is bifurcated into plastics & metals. The plastics-based vacuum insulation panels segment is anticipated to grow at the highest CAGR in the near future. Based on the core materials, the market is divided into silica, fiberglass, and others. Silica dominated the market in 2015, and is also estimated to register the highest growth rate. Flat panels & special shape panels are the two types of vacuum insulation panels currently used in the market. Construction, cooling & freezing devices, and logistics are the various end-use industries for this market. The construction segment was the highest revenue contributor in 2015, and is anticipated to witness the highest CAGR. Increased penetration of vacuum insulation panels in the construction sector drive the market growth. However, the high prices restrict the market growth.

Geographically, the market is analyzed across North America, Europe, Asia-Pacific, and LAMEA. Asia-Pacific led the market, both in terms of value & volume, in 2015, owing to the high demand from construction industry and the presence of major vacuum insulation panels suppliers & manufacturers. It is also anticipated to register the highest demand for vacuum insulation panels, owing to the increased demand from logistics and cooling & freezing devices sectors.

The companies profiled in the report are as follows:

  • Evonik Industries AG
  • LG Hausys Ltd.
  • Panasonic Corporation
  • BASF SE
  • Rockwool International
  • Kingspan group LLC.
  • Bridgestone
  • DOW Corning Corporation
  • Thermocor
  • Microtherm

KEY MARKET BENEFITS

  • The report provides an in-depth analysis of the current trends, drivers, and dynamics of the global vacuum insulation panels market to elucidate the prevailing opportunities and the probable investment pockets.
  • It offers qualitative trends and quantitative analysis from 2014 to 2022 to assist the stakeholders to understand the market scenario.
  • A detailed analysis of the key segments demonstrates the consumption of vacuum insulation panels in different applications across various industries.
  • Competitive intelligence highlights the business practices, strategies, and developments followed by key business players globally.

KEY MARKET SEGMENTS

BY RAW MATERIAL

  • Plastics
  • Metal

BY CORE MATERIAL

  • Silica
  • Fiberglass
  • Others

BY TYPE

  • Flat Panel
  • Special Shape Panel

BY END-USER INDUSTRY

  • Construction
  • Cooling & Freezing Devices
  • Logistics
  • Others

BY GEOGRAPHY

  • North America
    • U.S.
    • Canada
    • Mexico
  • Europe
    • UK
    • Germany
    • France
    • Spain
    • Italy
    • Rest of Europe
  • Asia-Pacific
    • China
    • Korea
    • Japan
    • India
    • Rest of Asia-Pacific
  • LAMEA
    • Brazil
    • Argentina
    • UAE
    • Saudi Arabia
    • Rest of LAMEA

OTHER KEY PLAYERS IN THE MARKET VALUE CHAIN INCLUDE THE FOLLOWING:

  • OCI Company Ltd.
  • Porextherm Dämmstoffe GmbH
  • Va-Q-Tec AG
  • Kevothermal, LLC
  • Porextherm Dämmstoffe GmbH
  • Sealed Air
  • CSafe Global
  • Mayaterials
  • Thermal visions
  • Morgan Advanced Materials
  • Tesa

*The above list of companies is not profiled, but can be profiled based on client request

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