Global Vacuum Insulation Panel Market Size, Forecasts, And Opportunities – Includes Vacuum Insulation Panel Market Analysis
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The global vacuum insulation panel market is expected to grow from $7.20 billion in 2021 to $7.53 billion in 2022 at a compound annual growth rate (CAGR) of 4.66%. The global vacuum insulation panels market size is expected to grow to $9.78 billion in 2026 at a compound annual growth rate (CAGR) of 4.66%.
The growth in the construction industry is expected to drive the growth of the vacuum insulation panel in the forecast period.
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The vacuum insulation panel market consists of sales of vacuum insulation panels by entities (organizations, sole traders, and partnerships) that refer to thermal insulation that consists of a gas-tight shell enclosing a rigid core that has been evacuated of air. They are manufactured with a microporous core encapsulated and vacuum sealed in an impermeable high gas barrier film under vacuum. The advantages of vacuum insulation panels are good thermal efficiency, reliable long-term performance, and the ability to fit in tight spaces in new buildings.
By Type: Flat, Special shape
By Raw Material: Silica, Fiberglass, Plastic, Metal, Others
By Application: Construction, Cooling and Freezing Devices, Logistics, Others
By Geography: The market is segmented into North America, South America, Asia-Pacific, Eastern Europe, Western Europe, Middle East and Africa. Among these regions, Asia-Pacific is the largest region in the global vacuum insulation panel market in 2021.
Innovation is a key trend in the vacuum insulation panel market. Innovation in the product is crucial to remaining competitive in the market. Self-healing films are an innovation that is gaining traction.
TBRC’s Vacuum Insulation Panel Market Report Covers:
Major Market Players: Evonik Industries AG, Panasonic, DOW Corning, Kevothermal LLC, Microtherm Sentronic GmbH, Va Q Tec AG, Kevothermal, Porextherm Dammstoffe GmbH, Kingspan, Knauf Insulation, Thermal Visions Inc., Rockwool International, NanoPore, Qingdao Jinko VIP, and Thermal Conservation.
Regions: Asia-Pacific, China, Western Europe, Eastern Europe, North America, USA, South America, Middle East and Africa.
Countries: Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.
Time Series: Five years historic (2016-21) and ten years forecast (2022-2026-2031)
The Vacuum Insulation Panel Global Market Report 2022 is one of a series of new reports from The Business Research Company that provides vacuum insulation panel market overviews, analyzes and forecasts market size, share, vacuum insulation panel market players, vacuum insulation panel market segments and geographies, leading competitor revenues, profiles and market shares.
TBRC’s vacuum insulation panel market report identifies top countries and segments for opportunities and strategies based on market trends and leading competitors’ approaches.
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