Vacuum Insulation Panel (VIP) Market Size, Growth, Segmentation, Share, Forecast 2022-2028

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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.
This report contains market size and forecasts of Vacuum Insulation Panel (VIP) in global, including the following market information:
Global Vacuum Insulation Panel (VIP) Market Revenue, 2017-2022, 2023-2028, ($ millions)
Global Vacuum Insulation Panel (VIP) Market Sales, 2017-2022, 2023-2028, (K sqm)
Global top five Vacuum Insulation Panel (VIP) companies in 2021 (%)
The global Vacuum Insulation Panel (VIP) market was valued at 1758.5 million in 2021 and is projected to reach US$ 6127.6 million by 2028, at a CAGR of 19.5% during the forecast period.
The U.S. Market is Estimated at $ Million in 2021, While China is Forecast to Reach $ Million by 2028.
Fiber Glass Segment to Reach $ Million by 2028, with a % CAGR in next six years.
The global key manufacturers of Vacuum Insulation Panel (VIP) include Panasonic, LG Hausys, Fujian SuperTech, ThermoCor, Va-Q-Tec, Porextherm, Etex Group(Promat and Marley Eternit), Kingspan Insulation and Kevothermal, etc. In 2021, the global top five players have a share approximately % in terms of revenue.

MARKET MONITOR GLOBAL, INC (MMG) has surveyed the Vacuum Insulation Panel (VIP) manufacturers, suppliers, distributors and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks.

Total Market by Segment:
Global Vacuum Insulation Panel (VIP) Market, by Material, 2017-2022, 2023-2028 ($ Millions) & (K sqm)
Global Vacuum Insulation Panel (VIP) Market Segment Percentages, by Material, 2021 (%)
– Fiber Glass
– Precipitated Silica
– Fumed Silica
– Others
Global Vacuum Insulation Panel (VIP) Market, by Application, 2017-2022, 2023-2028 ($ Millions) & (K sqm)
Global Vacuum Insulation Panel (VIP) Market Segment Percentages, by Application, 2021 (%)
– Home Appliance
– Building Material
– Transport
– Others
Global Vacuum Insulation Panel (VIP) Market, By Region and Country, 2017-2022, 2023-2028 ($ Millions) & (K sqm)
Global Vacuum Insulation Panel (VIP) Market Segment Percentages, By Region and Country, 2021 (%)
– North America
– – US
– – Canada
– – Mexico
– Europe
– – Germany
– – France
– – U.K.
– – Italy
– – Russia
– – Nordic Countries
– – Benelux
– – Rest of Europe
– Asia
– – China
– – Japan
– – South Korea
– – Southeast Asia
– – India
– – Rest of Asia
– South America
– – Brazil
– – Argentina
– – Rest of South America
– Middle East & Africa
– – Turkey
– – Israel
– – Saudi Arabia
– – UAE
– – Rest of Middle East & Africa

Competitor Analysis
The report also provides analysis of leading market participants including:
Key companies Vacuum Insulation Panel (VIP) revenues in global market, 2017-2022 (Estimated), ($ millions)
Key companies Vacuum Insulation Panel (VIP) revenues share in global market, 2021 (%)
Key companies Vacuum Insulation Panel (VIP) sales in global market, 2017-2022 (Estimated), (K sqm)
Key companies Vacuum Insulation Panel (VIP) sales share in global market, 2021 (%)

Further, the report presents profiles of competitors in the market, key players include:
– 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

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