Vacuum Insulation Panel (VIP) Consumption Market Report 2018-2023

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In this report, LP Information covers the present scenario (with the base year being 2017) and the growth prospects of global Vacuum Insulation Panel (VIP) market for 2018-2023.

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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.

Traditionally Vacuum Insulation Panels (VIPs) have been seen as a tool to increase energy efficiency in various applications. However, because of their performance and design flexibility they provide many more valuable application opportunities. These include increased volume in commercial and domestic refrigerators, increased shipping times for temperature controlled transportation systems, and reduced package size and weight for insulated shipping containers. Even applications in the building and construction sector are becoming more and more important, due to rising requirements to fulfill energy standards.The high-tech VIP market is protected by strong barriers of entry. These include the extensive process know-how necessary to control VIP manufacturing at constantly high quality, the high capital requirements associated with the set-up of automated production and the build-up of capacity, the large upfront investments in research and product development necessary to enter this market and to work around existing patent protections, as well as the high level of technological complexity of the free form production process. In addition, the achievement of economies of scale is necessary in order to realize acceptable unit costs. Highly skilled workforce is needed especially in the area of research and development. A well-established brand name is also a key success factor in the VIP market.

Globally, vacuum insulation panel industry concentration is low and the manufacturing bases scatter around the globe. And the key manufacturers are mainly located in Europe, USA, Japan Korea and China. In China and Korea, the VIP history is relatively short, especially in Korea, the manufacturers started to produce VIP date from 2009, and in China, most manufacturers also produced VIP products after 2009.
The market has developed rapidly in the past several years, and the market demand is stable and it will have an enormous space for development in future, especially in developing countries, such as China, India and Southeast Asian Nations etc. Along with the power-saving and environmental protection requirements of the world, it expected that the market demand will increase rapidly in the future.

Over the next five years, LPI(LP Information) projects that Vacuum Insulation Panel (VIP) will register a xx% CAGR in terms of revenue, reach US$ xx million by 2023, from US$ xx million in 2017.

This report presents a comprehensive overview, market shares, and growth opportunities of Vacuum Insulation Panel (VIP) market by product type, application, key manufacturers and key regions.

To calculate the market size, LP Information considers value and volume generated from the sales of the following segments:

Segmentation by product type:

  • Fiber Glass
  • Precipitated Silica
  • Fumed Silica
  • Other

Segmentation by application:

  • Home Appliance
  • Building Material
  • Transport
  • Other


This report also splits the market by region:

  • Americas
  • United States
  • Canada
  • Mexico
  • Brazil
  • APAC
  • China
  • Japan
  • Korea
  • Southeast Asia
  • India
  • Australia
  • Europe
  • Germany
  • France
  • UK
  • Italy
  • Russia
  • Spain
  • Middle East & Africa
  • Egypt
  • South Africa
  • Israel
  • Turkey
  • GCC Countries


The report also presents the market competition landscape and a corresponding detailed analysis of the major vendor/manufacturers in the market. The key manufacturers covered in this report:

  • Panasonic
  • LG Hausys
  • Fujian SuperTech
  • ThermoCor
  • Va-Q-Tec
  • Porextherm
  • Etex Group(Promat and Marley Eternit)
  • Kingspan Insulation
  • Kevothermal
  • Turna
  • Knauf Insulation
  • OCI Company
  • Weiaipu New Materials
  • Qingdao Creek
  • Yinxing Electric


In addition, this report discusses the key drivers influencing market growth, opportunities, the challenges and the risks faced by key manufacturers and the market as a whole. It also analyzes key emerging trends and their impact on present and future development.

Research objectives

  • To study and analyze the global Vacuum Insulation Panel (VIP) consumption (value & volume) by key regions/countries, product type and application, history data from 2013 to 2017, and forecast to 2023.
  • To understand the structure of Vacuum Insulation Panel (VIP) market by identifying its various subsegments.
  • Focuses on the key global Vacuum Insulation Panel (VIP) manufacturers, to define, describe and analyze the sales volume, value, market share, market competition landscape, SWOT analysis and development plans in next few years.
  • To analyze the Vacuum Insulation Panel (VIP) with respect to individual growth trends, future prospects, and their contribution to the total market.
  • To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).
  • To project the consumption of Vacuum Insulation Panel (VIP) submarkets, with respect to key regions (along with their respective key countries).
  • To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
  • To strategically profile the key players and comprehensively analyze their growth strategies.

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Table of content

2018-2023 Global Vacuum Insulation Panel (VIP) Consumption Market Report

1 Scope of the Report
1.1 Market Introduction
1.2 Research Objectives
1.3 Years Considered
1.4 Market Research Methodology
1.5 Economic Indicators
1.6 Currency Considered

2 Executive Summary
2.1 World Market Overview
2.1.1 Global Vacuum Insulation Panel (VIP) Consumption 2013-2023
2.1.2 Vacuum Insulation Panel (VIP) Consumption CAGR by Region
2.2 Vacuum Insulation Panel (VIP) Segment by Type
2.2.1 Fiber Glass
2.2.2 Precipitated Silica
2.2.3 Fumed Silica
2.2.4 Other
2.3 Vacuum Insulation Panel (VIP) Consumption by Type
2.3.1 Global Vacuum Insulation Panel (VIP) Consumption Market Share by Type (2013-2018)
2.3.2 Global Vacuum Insulation Panel (VIP) Revenue and Market Share by Type (2013-2018)
2.3.3 Global Vacuum Insulation Panel (VIP) Sale Price by Type (2013-2018)
2.4 Vacuum Insulation Panel (VIP) Segment by Application
2.4.1 Home Appliance
2.4.2 Building Material
2.4.3 Transport
2.4.4 Other
2.5 Vacuum Insulation Panel (VIP) Consumption by Application
2.5.1 Global Vacuum Insulation Panel (VIP) Consumption Market Share by Application (2013-2018)
2.5.2 Global Vacuum Insulation Panel (VIP) Value and Market Share by Application (2013-2018)

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