Industry: Chemical & Material
Published Date: 2025-02-24
Pages: 86 Pages
Report ld: 4207235
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Vacuum Insulated Panels Market Size(US$)

CAGR 2025-2031
14.3%
Market Size,2031
USD 5,667
Million
Market Snapshot
Source: Secondary research, interviews with experts, and QYResearch analysis
The global market for Vacuum Insulated Panels was valued at US$ 2247 million in the year 2024 and is projected to reach a revised size of US$ 5667 million by 2031, growing at a CAGR of 14.3% during the forecast period.
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.
Global Vacuum Insulation Panel (VIP) key players include Panasonic, LG Hausys, 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.
MARKET SEGMENTATION
REPORT SCOPE
This report aims to provide a comprehensive presentation of the global market for Vacuum Insulated Panels, 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 Insulated Panels.
The Vacuum Insulated Panels market size, estimations, and forecasts are provided in terms of output/shipments (K MT) and revenue ($ millions), considering 2024 as the base year, with history and forecast data for the period from 2020 to 2031. This report segments the global Vacuum Insulated Panels market comprehensively. Regional market sizes, concerning products by Core Material Type, by Application, and by players, are also provided.
For a more in-depth understanding of the market, the report provides profiles of the competitive landscape, key competitors, and their respective market ranks. The report also discusses technological trends and new product developments.
The report will help the Vacuum Insulated Panels manufacturers, new entrants, and industry chain related companies in this market with information on the revenues, production, and average price for the overall market and the sub-segments across the different segments, by company, by Core Material Type, by Application, and by regions.
CHAPTER OUTLINE
Chapter 1: Introduces the report scope of the report, executive summary of different market segments (by region, by Core Material Type, by Application, etc), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.
Chapter 2: Detailed analysis of Vacuum Insulated Panels manufacturers competitive landscape, price, production and value market share, latest development plan, merger, and acquisition information, etc.
Chapter 3: Production/output, value of Vacuum Insulated Panels by region/country. It provides a quantitative analysis of the market size and development potential of each region in the next six years.
Chapter 4: Consumption of Vacuum Insulated Panels in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space, and production of each country in the world.
Chapter 5: Provides the analysis of various market segments by Core Material Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 6: 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 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product production/output, value, price, gross margin, product introduction, recent development, etc.
Chapter 8: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 9: Introduces 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 10: The main points and conclusions of the report.
QYRESEARCH'S STRENGTHS
Unlike generic global market reports, this study combines macro-level industry trends with hyper-local operational intelligence, empowering data-driven decisions across the Compound Chocolate value chain, addressing:
We identify regional market threats and growth prospects to guide your overseas layout.
We adjust product portfolios in line with local consumption habits.
We unpack rivals’ operation strategies for scattered and highly concentrated industries.
We cover competition landscape, full supply chain and quantified market size data, and deliver tailor-made customized surveys to meet your unique business demands.
We own self-owned massive exclusive databases, backed by 19 years of global market research experience across thousands of sectors.
Our team operates 24 hours a day, 365 days a year, enabling ultra-fast report turnaround to respond to your research needs efficiently.
We integrate regional risk assessment, localized product optimization and competitor analysis to deliver actionable market strategies.
All data is cross-verified from multiple industry sources to deliver thorough, precise analysis that supports reliable corporate strategic decisions.
We provide responsive, dedicated after-sales support to resolve all follow-up inquiries about reports, data and industry interpretation.
TABLE OF CONTENTS
1 Vacuum Insulated Panels Market Overview
1.1 Product Definition
1.2 Vacuum Insulated Panels by Core Material Type
1.2.1 Global Vacuum Insulated Panels Market Value Growth Rate Analysis by Core Material Type: 2024 VS 2031
1.2.2 Silica-based Vacuum Insulated Panels
1.2.3 Fiber Glass-based Vacuum Insulated Panels
1.2.4 Others
1.3 Vacuum Insulated Panels by Application
1.3.1 Global Vacuum Insulated Panels Market Value Growth Rate Analysis by Application: 2024 VS 2031
1.3.2 Construction
1.3.3 Logistics
1.3.4 Cooling and Freezing
1.3.5 Others
1.4 Global Market Growth Prospects
1.4.1 Global Vacuum Insulated Panels Production Value Estimates and Forecasts (2020-2031)
1.4.2 Global Vacuum Insulated Panels Production Capacity Estimates and Forecasts (2020-2031)
1.4.3 Global Vacuum Insulated Panels Production Estimates and Forecasts (2020-2031)
1.4.4 Global Vacuum Insulated Panels Market Average Price Estimates and Forecasts (2020-2031)
1.5 Assumptions and Limitations
2 Market Competition by Manufacturers
2.1 Global Vacuum Insulated Panels Production Market Share by Manufacturers (2020-2025)
2.2 Global Vacuum Insulated Panels Production Value Market Share by Manufacturers (2020-2025)
2.3 Global Key Players of Vacuum Insulated Panels, Industry Ranking, 2023 VS 2024
2.4 Global Vacuum Insulated Panels Market Share by Company Type (Tier 1, Tier 2, and Tier 3)
2.5 Global Vacuum Insulated Panels Average Price by Manufacturers (2020-2025)
2.6 Global Key Manufacturers of Vacuum Insulated Panels, Manufacturing Base Distribution and Headquarters
2.7 Global Key Manufacturers of Vacuum Insulated Panels, Product Offered and Application
2.8 Global Key Manufacturers of Vacuum Insulated Panels, Date of Enter into This Industry
2.9 Vacuum Insulated Panels Market Competitive Situation and Trends
2.9.1 Vacuum Insulated Panels Market Concentration Rate
2.9.2 Global 5 and 10 Largest Vacuum Insulated Panels Players Market Share by Revenue
2.10 Mergers & Acquisitions, Expansion
3 Vacuum Insulated Panels Production by Region
3.1 Global Vacuum Insulated Panels Production Value Estimates and Forecasts by Region: 2020 VS 2024 VS 2031
3.2 Global Vacuum Insulated Panels Production Value by Region (2020-2031)
3.2.1 Global Vacuum Insulated Panels Production Value by Region (2020-2025)
3.2.2 Global Forecasted Production Value of Vacuum Insulated Panels by Region (2026-2031)
3.3 Global Vacuum Insulated Panels Production Estimates and Forecasts by Region: 2020 VS 2024 VS 2031
3.4 Global Vacuum Insulated Panels Production Volume by Region (2020-2031)
3.4.1 Global Vacuum Insulated Panels Production by Region (2020-2025)
3.4.2 Global Forecasted Production of Vacuum Insulated Panels by Region (2026-2031)
3.5 Global Vacuum Insulated Panels Market Price Analysis by Region (2020-2025)
3.6 Global Vacuum Insulated Panels Production and Value, Year-over-Year Growth
3.6.1 North America Vacuum Insulated Panels Production Value Estimates and Forecasts (2020-2031)
3.6.2 Europe Vacuum Insulated Panels Production Value Estimates and Forecasts (2020-2031)
3.6.3 China Vacuum Insulated Panels Production Value Estimates and Forecasts (2020-2031)
3.6.4 Japan Vacuum Insulated Panels Production Value Estimates and Forecasts (2020-2031)
4 Vacuum Insulated Panels Consumption by Region
4.1 Global Vacuum Insulated Panels Consumption Estimates and Forecasts by Region: 2020 VS 2024 VS 2031
4.2 Global Vacuum Insulated Panels Consumption by Region (2020-2031)
4.2.1 Global Vacuum Insulated Panels Consumption by Region (2020-2025)
4.2.2 Global Vacuum Insulated Panels Forecasted Consumption by Region (2026-2031)
4.3 North America
4.3.1 North America Vacuum Insulated Panels Consumption Growth Rate by Country: 2020 VS 2024 VS 2031
4.3.2 North America Vacuum Insulated Panels Consumption by Country (2020-2031)
4.3.3 U.S.
4.3.4 Canada
4.4 Europe
4.4.1 Europe Vacuum Insulated Panels Consumption Growth Rate by Country: 2020 VS 2024 VS 2031
4.4.2 Europe Vacuum Insulated Panels Consumption by Country (2020-2031)
4.4.3 Germany
4.4.4 France
4.4.5 U.K.
4.4.6 Italy
4.4.7 Russia
4.5 Asia Pacific
4.5.1 Asia Pacific Vacuum Insulated Panels Consumption Growth Rate by Region: 2020 VS 2024 VS 2031
4.5.2 Asia Pacific Vacuum Insulated Panels Consumption by Region (2020-2031)
4.5.3 China
4.5.4 Japan
4.5.5 South Korea
4.5.6 China Taiwan
4.5.7 Southeast Asia
4.5.8 India
4.6 Latin America, Middle East & Africa
4.6.1 Latin America, Middle East & Africa Vacuum Insulated Panels Consumption Growth Rate by Country: 2020 VS 2024 VS 2031
4.6.2 Latin America, Middle East & Africa Vacuum Insulated Panels Consumption by Country (2020-2031)
4.6.3 Mexico
4.6.4 Brazil
4.6.5 Turkey
4.6.6 GCC Countries
5 Segment by Core Material Type
5.1 Global Vacuum Insulated Panels Production by Core Material Type (2020-2031)
5.1.1 Global Vacuum Insulated Panels Production by Core Material Type (2020-2025)
5.1.2 Global Vacuum Insulated Panels Production by Core Material Type (2026-2031)
5.1.3 Global Vacuum Insulated Panels Production Market Share by Core Material Type (2020-2031)
5.2 Global Vacuum Insulated Panels Production Value by Core Material Type (2020-2031)
5.2.1 Global Vacuum Insulated Panels Production Value by Core Material Type (2020-2025)
5.2.2 Global Vacuum Insulated Panels Production Value by Core Material Type (2026-2031)
5.2.3 Global Vacuum Insulated Panels Production Value Market Share by Core Material Type (2020-2031)
5.3 Global Vacuum Insulated Panels Price by Core Material Type (2020-2031)
6 Segment by Application
6.1 Global Vacuum Insulated Panels Production by Application (2020-2031)
6.1.1 Global Vacuum Insulated Panels Production by Application (2020-2025)
6.1.2 Global Vacuum Insulated Panels Production by Application (2026-2031)
6.1.3 Global Vacuum Insulated Panels Production Market Share by Application (2020-2031)
6.2 Global Vacuum Insulated Panels Production Value by Application (2020-2031)
6.2.1 Global Vacuum Insulated Panels Production Value by Application (2020-2025)
6.2.2 Global Vacuum Insulated Panels Production Value by Application (2026-2031)
6.2.3 Global Vacuum Insulated Panels Production Value Market Share by Application (2020-2031)
6.3 Global Vacuum Insulated Panels Price by Application (2020-2031)
7 Key Companies Profiled
7.1 LG Hausys Ltd. (South Korea)
7.1.1 LG Hausys Ltd. (South Korea) Vacuum Insulated Panels Company Information
7.1.2 LG Hausys Ltd. (South Korea) Vacuum Insulated Panels Product Portfolio
7.1.3 LG Hausys Ltd. (South Korea) Vacuum Insulated Panels Production, Value, Price and Gross Margin (2020-2025)
7.1.4 LG Hausys Ltd. (South Korea) Main Business and Markets Served
7.1.5 LG Hausys Ltd. (South Korea) Recent Developments/Updates
7.2 Evonik Industries AG (Germany)
7.2.1 Evonik Industries AG (Germany) Vacuum Insulated Panels Company Information
7.2.2 Evonik Industries AG (Germany) Vacuum Insulated Panels Product Portfolio
7.2.3 Evonik Industries AG (Germany) Vacuum Insulated Panels Production, Value, Price and Gross Margin (2020-2025)
7.2.4 Evonik Industries AG (Germany) Main Business and Markets Served
7.2.5 Evonik Industries AG (Germany) Recent Developments/Updates
7.3 Dow
7.3.1 Dow Vacuum Insulated Panels Company Information
7.3.2 Dow Vacuum Insulated Panels Product Portfolio
7.3.3 Dow Vacuum Insulated Panels Production, Value, Price and Gross Margin (2020-2025)
7.3.4 Dow Main Business and Markets Served
7.3.5 Dow Recent Developments/Updates
7.4 Panasonic Corporation (Japan)
7.4.1 Panasonic Corporation (Japan) Vacuum Insulated Panels Company Information
7.4.2 Panasonic Corporation (Japan) Vacuum Insulated Panels Product Portfolio
7.4.3 Panasonic Corporation (Japan) Vacuum Insulated Panels Production, Value, Price and Gross Margin (2020-2025)
7.4.4 Panasonic Corporation (Japan) Main Business and Markets Served
7.4.5 Panasonic Corporation (Japan) Recent Developments/Updates
7.5 OCI Company Ltd. (South Korea)
7.5.1 OCI Company Ltd. (South Korea) Vacuum Insulated Panels Company Information
7.5.2 OCI Company Ltd. (South Korea) Vacuum Insulated Panels Product Portfolio
7.5.3 OCI Company Ltd. (South Korea) Vacuum Insulated Panels Production, Value, Price and Gross Margin (2020-2025)
7.5.4 OCI Company Ltd. (South Korea) Main Business and Markets Served
7.5.5 OCI Company Ltd. (South Korea) Recent Developments/Updates
7.6 Microtherm (Germany)
7.6.1 Microtherm (Germany) Vacuum Insulated Panels Company Information
7.6.2 Microtherm (Germany) Vacuum Insulated Panels Product Portfolio
7.6.3 Microtherm (Germany) Vacuum Insulated Panels Production, Value, Price and Gross Margin (2020-2025)
7.6.4 Microtherm (Germany) Main Business and Markets Served
7.6.5 Microtherm (Germany) Recent Developments/Updates
7.7 Kevothermal
7.7.1 Kevothermal Vacuum Insulated Panels Company Information
7.7.2 Kevothermal Vacuum Insulated Panels Product Portfolio
7.7.3 Kevothermal Vacuum Insulated Panels Production, Value, Price and Gross Margin (2020-2025)
7.7.4 Kevothermal Main Business and Markets Served
7.7.5 Kevothermal Recent Developments/Updates
7.8 Thermocor (U.S.)
7.8.1 Thermocor (U.S.) Vacuum Insulated Panels Company Information
7.8.2 Thermocor (U.S.) Vacuum Insulated Panels Product Portfolio
7.8.3 Thermocor (U.S.) Vacuum Insulated Panels Production, Value, Price and Gross Margin (2020-2025)
7.8.4 Thermocor (U.S.) Main Business and Markets Served
7.8.5 Thermocor (U.S.) Recent Developments/Updates
7.9 Hongda
7.9.1 Hongda Vacuum Insulated Panels Company Information
7.9.2 Hongda Vacuum Insulated Panels Product Portfolio
7.9.3 Hongda Vacuum Insulated Panels Production, Value, Price and Gross Margin (2020-2025)
7.9.4 Hongda Main Business and Markets Served
7.9.5 Hongda Recent Developments/Updates
7.10 Fangyuan Electric
7.10.1 Fangyuan Electric Vacuum Insulated Panels Company Information
7.10.2 Fangyuan Electric Vacuum Insulated Panels Product Portfolio
7.10.3 Fangyuan Electric Vacuum Insulated Panels Production, Value, Price and Gross Margin (2020-2025)
7.10.4 Fangyuan Electric Main Business and Markets Served
7.10.5 Fangyuan Electric Recent Developments/Updates
8 Industry Chain and Sales Channels Analysis
8.1 Vacuum Insulated Panels Industry Chain Analysis
8.2 Vacuum Insulated Panels Raw Material Supply Analysis
8.2.1 Key Raw Materials
8.2.2 Raw Materials Key Suppliers
8.3 Vacuum Insulated Panels Production Mode & Process Analysis
8.4 Vacuum Insulated Panels Sales and Marketing
8.4.1 Vacuum Insulated Panels Sales Channels
8.4.2 Vacuum Insulated Panels Distributors
8.5 Vacuum Insulated Panels Customer Analysis
9 Vacuum Insulated Panels Market Dynamics
9.1 Vacuum Insulated Panels Industry Trends
9.2 Vacuum Insulated Panels Market Drivers
9.3 Vacuum Insulated Panels Market Challenges
9.4 Vacuum Insulated Panels Market Restraints
10 Research Findings and Conclusion
11 Methodology and Data Source
11.1 Methodology/Research Approach
11.1.1 Research Programs/Design
11.1.2 Market Size Estimation
11.1.3 Market Breakdown and Data Triangulation
11.2 Data Source
11.2.1 Secondary Sources
11.2.2 Primary Sources
11.3 Author List
11.4 Disclaimer
TABLE OF FIGURES
List of Tables
List of Figures
KEY QUESTIONS ADDRESSED BY THE REPORT
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The global Vacuum Insulated Panels market was valued at US$ 2537 million in 2025 and is anticipated to reach US$ 6397 million by 2032, at a CAGR of 14.3% from 2026 to 2032.
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REPORT COVERAGE
DESCRIPTION
OVERVIEW
MARKET SEGMENTATION
REPORT SCOPE
CHAPTER OUTLINE
QYRESEARCH'S STRENGTHS
TABLE OF CONTENTS
TABLE OF FIGURES
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