Vacuum Insulation Panels Industry 2019
Global Vacuum Insulation Panels Market was valued US$ 6.63 Bn in 2017 and is expected to reach US$ 9.20 Bn by 2026, at a CAGR of 4.18 % during a forecast period.
A vacuum insulated panel is a form of thermal insulation containing a gas-tight inclusion immediate a firm core, from which the air has been evacuated. It is widely used in an array of application such as building construction, refrigeration units, and insulated shipping vessels to offer better insulation performance than conventional insulation materials.
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Some Of Major key Players included :-
DOW Corning Corporatio
OCI Company Ltd.
Porextherm Dammstoffe GmbH
Porextherm Dammstoffe GmbH.
Morgan Advanced Materials
Porextherm Dammstoffe GmbH
Knauf Insulation Evonik Industries AG
LG Hausys Ltd.
Kingspan group LLC.
Vacu Weiaipu New Materials
Hanita Coatings RCA Ltd
HITACHI HIGH-TECHNOLOGIES EUROPE GMBH
NINGBO LUOWEN FORMWORK & SCAFFOLDING CO.,LTD
BOKKA SP. Z O.O.
Increasing construction industry is expected to drive the growth in the vacuum insulation market. A shift of consumerâ€™s preference from conventional panel to vacuum panel owing to consumer durables, and increasing logistics industries are expected to propelling the growth of the vacuum insulation panels market across the globe. Strict regulations regarding energy conservation are also providing an opportunity to the vacuum panel market to grow in the emerging economies.
Furthermore, variations in the raw material prices and high cost of the vacuum insulation panels are limiting the growth in the vacuum insulation panels market.
Increase the shelf life of the vacuum panel is the major challenge to the global vacuum insulation panels market.
The objective of the report is to present a comprehensive assessment of the market and contains thoughtful insights, facts, historical data, industry-validated market data and projections with a suitable set of assumptions and methodology. The report also helps in understanding security information and event management market dynamics, structure by identifying and analyzing the market segments by product, enterprise size, vertical, and region and, project the global market size. Further, the report also focuses on the competitive analysis of key players by product, price, financial position, product portfolio, growth strategies, and regional presence. The report also provides PEST analysis, PORTERâ€™s analysis, SWOT analysis to address the question of shareholders to prioritizing the efforts and investment in the near future to a particular market segment.
The silica core material is expected to share significant growth in the Vacuum Insulation Panels Market. The core materials are used in the Vacuum Insulation Panels to support the required level of vacuum to ensure low thermal conductivity in the insulation panel. In the manufacturing process of the insulation panels, the core material such as fumed silica and silica aerogel is used. Fumed silica is the stable core material, which is enduring the pressure up to 10 t per square meter. Silica offers high thermal insulation property over other core materials. Furthermore, fiberglass core material projected to share substantial growth in the vacuum market owing to its feature such as low thermal conductivity with high thermal efficiency.
Construction segment is expected to lead Vacuum Insulation Panels Market. Rising building and construction activities are the protruding factors enlarging the demand for vacuum insulation panel. It appears to be one of the most capable insulation materials with the high thermal insulating capacity in the construction sector. It provides the number of advantages in the construction sector, like the compact thickness of building components, offering increased indoor space & optimization of land use and constitutive materials, which can be recycled after the service life.
Table Of Content – Major key Points
2. Assumptions and Research Methodology
3. Executive Summary
4. Market Overview
5. Supply Side and Demand Side Indicators
6. Global Vacuum Insulation Panels Market Analysis and Forecast
7. Global Vacuum Insulation Panels Market Analysis and Forecast, by Type
8. Global Vacuum Insulation Panels Market Analysis and Forecast, by Raw Material
9. Global Vacuum Insulation Panels Market Analysis and Forecast, by Core Material
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