Vacuum insulated panel is the form of thermal insulation consisting of a rigid core and gas-tight enclosure from which the air has evacuated. It provides better insulation performance rather than other insulation materials owing to its fact its gaining popularity that raises demand for the vacuum insulation panels market. Rules and regulations by the government regarding carbon emission and energy conservation. Also promoting and recommending the use of a vacuum insulation panel. Henceforth, these factors drive the growth of the vacuum panels market.
MARKET DYNAMICS
Vacuum insulation panels used in various applications such as in building construction, refrigeration units, and logistics to provide better insulation that fuels the growth of the vacuum insulation panels market. Rising demand for frozen food, which is to be transported that needs an insulation panel. Additionally, increasing the transportation of pharmaceutical products and medicine needs an insulation panel. These factor is driving the growth of the vacuum insulation panels market. However, shorter shelf life and heavier weight of the panel as compared to other convection material insulation panels, these factors are the key hindering factor for the growth of the market. Rapid urbanization and rising construction in the emerging nation such as India, China, Japan, Singapore, and among others are expected to drive the growth of the vacuum insulation panels market.
MARKET SCOPE
The "Global Vacuum Insulation Panels Market Analysis to 2028" is a specialized and in-depth study of the vacuum insulation panels with a special focus on the global market trend analysis. The report aims to provide an overview of vacuum insulation panels market with detailed market segmentation by raw material, core material, type, end-user, and geography. The global vacuum insulation panels market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading vacuum insulation panels market players and offers key trends and opportunities in the vacuum insulation panels market.
MARKET SEGMENTATION
The global vacuum insulation panels market is segmented on the basis of raw material, core material, type, and end-user. On the basis of raw material the market is segmented as plastic, metal. On the basis of core material the market is segmented as silica, fiberglass, others. On the basis of type the market is segmented as flat panel, special shape panel. On the basis of end-user the market is segmented as construction, cooling and freezing device, logistics, others.
REGIONAL FRAMEWORK
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides overview and forecast of the global vacuum insulation panels market based on various segments. It also provides market size and forecast estimates from year 2020 to 2028 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America. The vacuum insulation panels market by each region is later sub-segmented by respective countries and segments. The report covers analysis and forecast of 18 countries globally along with current trend and opportunities prevailing in the region.
The report analyzes factors affecting vacuum insulation panels market from both demand and supply side and further evaluates market dynamics effecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA and South America after evaluating political, economic, social and technological factors effecting the vacuum insulation panels market in these regions.
MARKET PLAYERS
The reports cover key developments in the vacuum insulation panels market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions, and partnership & collaborations. These activities have paved way for expansion of business and customer base of market players. The market players from vacuum insulation panels are anticipated to lucrative growth opportunities in the future with the rising demand for vacuum insulation panels in the global market. Below mentioned is the list of few companies engaged in the vacuum insulation panels market.
The report also includes the profiles of key vacuum insulation panels companies along with their SWOT analysis and market strategies. In addition, the report focuses on leading industry players with information such as company profiles, components and services offered, financial information of last 3 years, key development in past five years.
- BASF SE
- Bridgestone
- DOW Corning Corporation
- Evonik Industries AG
- Kingspan Group LLC
- LG Hausys Ltd.
- Microtherm
- Panasonic Corporation
- Rockwool International
- Thermocor
The Insight Partner's dedicated research and analysis team consist of experienced professionals with advanced statistical expertise and offer various customization options in the existing study.