Vacuum insulation panels are known for their ability to withstand the external load heaped upon products and caused by atmospheric pressure. This also helps in the retainment of the desired quality standard. The global vacuum insulation panels market is expected to take a 4% hike in CAGR during the forecast period (2017-2022). Market Research Future (MRFR), in its elaborate analysis of the global vacuum insulation panel market, reveals a possibility for the market to exceed the estimated valuation by the end of 2022.
Several companies have shown keen interest in the global vacuum insulation panel market and they are attempting to solidify their market position by implementing various strategies. MRFR enlisted these companies and profiled them to get a good grip over latest dynamics.
These companies are LG Hausys, Ltd. (Korea), Evonik Industries AG (Germany), Dow Corning Corporation (U.S.), Panasonic Corporation (Japan), Kingspan Insulation LLC (U.S.), Vacutherm Ltd. (U.K.), OCI Company Ltd. (Korea), Porextherm Dämmstoffe GmbH (Germany), ThermoCor (U.S.), and Hanita Coatings RCA Ltd. (Isreal). Their steps often include merger, acquisition, collaboration, and other methods.
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High demand in refrigeration, better inclusion in the construction industry, uptake by logistics, and substantial scope in the home appliances segment are reasons that can be considered as factors for the future vacuum insulation market analysis. The APAC region is one of the major market traction providers. Industrial growth in the region is expected to impact the global market.
- Manufacturing Organizations
- Distributors & Suppliers
- Environmental Associations
- Research Institute / Education Institute
- Potential Investors
MRFR’s analysis of the Vacuum Insulation Panels Market relies heavily on a segmentation conducted by adept analysts. The segments mentioned in the report are material, type, and end-use.
Based on the material, the vacuum insulation panels market includes silica and fiberglass. The silica-based panels had around 50% of the global market share in 2015 as the provided thermal insulation is higher than other materials. The fiberglass segment is all set to project lucrative growth during the review period. Its features like lower thermal conductivity and higher thermal efficiency are expected to substantially impact the segmental market.
Based on the type, the vacuum insulation panels market comprises flat and special shape.
By end use, the vacuum insulation panels market includes construction, home appliances, and logistics. The construction segment fetched the highest amount of revenue in 2015, as its consumption is quite high in the residential sector. In addition, the underground constructions are also promoting substantial market growth. Its highest thermal insulating capacity makes it the choicest preference for many end-users.
North America, Europe, Asia Pacific (APAC) and Rest of the World (RoW) are four distinct regions in which the global vacuum insulation panel market can be segmented. MRFR’s attempt at this segmentation leads to a detailed understanding of the global market with substantial backups from value-based and volume-based figures.
The APAC region has the scope to dominate the region during the forecast period. Countries like China, Japan, and India are major contributors to the vacuum insulation panels market and this is happening due to the hike in construction activities. Various companies are launching smart city projects that can significantly impact the global market. Governments are also initiating a lot of plans and approved investments that can impact the regional market growth.
The global market is getting benefits from rapid urbanization, which is leading towards a burgeoning residential and commercial construction industry. At the same time, the demand for energy efficient material for building purposes promises substantial growth rate for the market. In the APAC region, this is the case with China, India, New Zealand, Australia, and Thailand.
North America and Europe are also going to promote the market substantially. This is due to high investment capacity, which works well with both construction and home appliances sectors. The logistics segment is also providing much traction to these regional markets.
Scope of Report
The report for Global Vacuum Insulation Panel Market of Market Research Future comprises of extensive primary research along with the detailed analysis of qualitative as well as quantitative aspects by various industry experts, key opinion leaders to gain the deeper insight of the market and industry performance. The report gives the clear picture of current market scenario which includes historical and projected market size in terms of value and volume, technological advancement, macro economical and governing factors in the market. The report provides details information and strategies of the top key players in the industry. The report also gives a broad study of the different market segments and regions.
Study Objectives of Global Vacuum insulation panel Market
- To provide detailed analysis of the market structure along with forecast for the next five years of various segments and sub-segments of the global vacuum insulation panel market
- To provide insights about factors affecting the market growth
- To analyze the global vacuum insulation panel market based on various tools such as Price Analysis, Supply Chain Analysis, Porter’s Five Force Analysis
- To provide historical and forecast revenue of the market segments and sub-segments with respect to four main geographies and their countries- North America, Europe, APAC, and Rest of the World (ROW)
- To provide country level analysis of the market with respect to the current market size and future prospective
- To provide country level analysis of the market segmented by Materials, by Types, by Applications, and by Regions
- To provide strategic profiling of the key players in the market, comprehensively analyzing their core competencies, and drawing a competitive landscape for the market
- To track and analyze competitive developments such as joint ventures, strategic alliances, mergers and acquisitions, new product developments, and research and developments in the vacuum insulation panel market
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List of Tables
Table 1 Global Vacuum Insulation Panel Market, by Material
Table 2 Global Vacuum Insulation Panel Market, by Type
Table 3 Global Vacuum Insulation Panel Market, by Application
Table 4 Global Vacuum Insulation Panel Market, by Regions
Table 5 North America Vacuum Insulation Panel Market, by Country
Table 6 North America Vacuum Insulation Panel Market, by Material
Table 7 North America Vacuum Insulation Panel Market, by Type
Table 8 North America Vacuum Insulation Panel Market, by Application
Table 9 U.s. Vacuum Insulation Panel Market, by Material
Table 10 U.s. Vacuum Insulation Panel Market, by Type
List of Figures
Figure 1 Research Type
Figure 2 Global Vacuum Insulation Panel Market: by Material (%)
Figure 3 Global Vacuum Insulation Panel Market: by Type (%)
Figure 4 Global Vacuum Insulation Panel Market: by Application (%)
Figure 5 Global Vacuum Insulation Panel Market: by Region
Figure 6 North America Vacuum Insulation Panel Market, by Material (%)
Figure 7 North America Vacuum Insulation Panel Market, by Type (%)
Figure 8 North America Vacuum Insulation Panel Market, by Application (%)
Figure 9 Europe Vacuum Insulation Panel Market, by Material (%)
Figure 10 Europe Vacuum Insulation Panel Market, by Type (%)
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