The Market Reports

Synopsis
The global market for Vacuum Insulation Panel (VIP) was estimated to be worth US$ 4182 million in 2024 and is forecast to a readjusted size of US$ 8629 million by 2031 with a CAGR of 10.6% during the forecast period 2025-2031.
This report provides a comprehensive assessment of recent tariff adjustments and international strategic countermeasures on Vacuum Insulation Panel (VIP) cross-border industrial footprints, capital allocation patterns, regional economic interdependencies, and supply chain reconfigurations.
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.
As countries around the world improve energy efficiency standards in the fields of construction and home appliances, and as carbon neutrality policies are promoted, the demand for high-efficiency insulation materials continues to grow. VIP has become an ideal choice to replace traditional insulation materials (such as polyurethane foam and EPS) due to its excellent thermal insulation performance (thermal conductivity is usually 0.002–0.004 W/m·K), and is widely used in high-end buildings and green buildings. Products such as vaccines, insulin, and fresh food have extremely high requirements for temperature control during transportation. VIP can provide efficient thermal insulation performance in packaging with limited space, extend the insulation time, and reduce energy consumption. It is a key material for cold chain insulation boxes and refrigerated transportation equipment, and has become an important support for the development of the pharmaceutical cold chain. In white appliances such as refrigerators and freezers, the use of VIP can significantly improve insulation performance, reduce energy consumption, and extend the shelf life of food, becoming an important selling point for high-end energy-saving appliances. Especially in markets such as Europe, the United States, Japan, and South Korea that have high requirements for energy efficiency levels, the penetration rate of VIP has increased year by year.
Global Vacuum Insulation Panel (VIP) key players include Panasonic, Fujian SuperTech, ThermoCor, Porextherm, etc. Europe is the largest market, with a share about 40%, followed by China, and United States, both have a share over 45 percent. In terms of product, Fiber Glass is the largest segment, with a share about 75%. And in terms of application, the largest application is Home Appliance, followed by Building Material, Transport, etc.
This report aims to provide a comprehensive presentation of the global market for Vacuum Insulation Panel (VIP), focusing on the total sales volume, sales revenue, price, key companies market share and ranking, together with an analysis of Vacuum Insulation Panel (VIP) by region & country, by Material, and by Application.
The Vacuum Insulation Panel (VIP) market size, estimations, and forecasts are provided in terms of sales volume (K sqm) and sales revenue ($ millions), considering 2024 as the base year, with history and forecast data for the period from 2020 to 2031. With both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Vacuum Insulation Panel (VIP).
Market Segmentation
By Company
Panasonic
Fujian SuperTech
ThermoCor
Va-Q-Tec
Sichuan Micolon
Chuzhou Yinxing New Material
Porextherm
Etex Group (Promat and Marley Eternit)
Kingspan Insulation
Sealed Air (Kevothermal)
Turvac
Knauf Insulation
NanoPore
Recticel Insulation
Unicorn Insulations Limited
WH Thermal Energy
Hualong Enterprise
Ecotherm Insulations
Siltherm Micropoorus Insulation
Anhui Honghui Technology
Shandong Xintai Energy Saving Technology
Jiangsu Sanyou Dior Energy-saving
Segment by Material
Fiber Glass Core
Fumed Silica Core
Others
Segment by Application
Home Appliance
Building Material
Transport
Others
By Region
North America
United States
Canada
Asia-Pacific
China
Japan
South Korea
Southeast Asia
India
Australia
Rest of Asia-Pacific
Europe
Germany
France
U.K.
Italy
Netherlands
Nordic Countries
Rest of Europe
Latin America
Mexico
Brazil
Rest of Latin America
Middle East & Africa
Turkey
Saudi Arabia
UAE
Rest of MEA
Chapter Outline
Chapter 1: Introduces the report scope of the report, global total market size (value, volume and price). This chapter also provides the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter 2: Detailed analysis of Vacuum Insulation Panel (VIP) manufacturers competitive landscape, price, sales and revenue market share, latest development plan, merger, and acquisition information, etc.
Chapter 3: Provides the analysis of various market segments by Material, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 4: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 5: Sales, revenue of Vacuum Insulation Panel (VIP) in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the market development, future development prospects, market space, and market size of each country in the world.
Chapter 6: Sales, revenue of Vacuum Insulation Panel (VIP) in country level. It provides sigmate data by Material, and by Application for each country/region.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 8: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 9: Conclusion.

Index