Business

New innovation in Global Vacuum Insulation Panel (VIP) Market: remarkable growth with latest technology trends by top players

Press Release

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 times 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.

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Scope of the Report:

The vacuum insulation panel products are mainly used in building, refrigeration storage and home appliance field. The applications have been very mature in the developed countries, such as USA, Japan and European countries. The major applications of VIP products are different, like in European countries, more VIP products are used in building fields, while in China, most of VIP products are used in home appliance fields. In building fields, the VIPs are mainly consumed by the developed countries, like Western countries, USA, Japan etc.; in home appliance fields, the VIPs products are mainly consumed by China, Europe, USA, Japan and Korea etc.

The giants that dominate the VIP market, especially in high-end products, like Va-Q-Tec, Panasonic, LG Hausys, Turna, ThermoCor, Porextherm, Etex Group (Promat and Marley Eternit) and Kingspan Insulation etc. The Chinese manufacturers mainly manufacture the low-end products, short lifetime and low price, like Fujian SuperTech, Weiaipu New Materials, Qingdao Creek, Yinxing Electric etc.

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.

Significant and lasting barriers make entry into this market difficult. These barriers include, but are not limited to: (i) product development costs; (ii) capital requirements; (iii) intellectual property rights; (iv) regulatory requirement; and (v) Transitions unfair methods of competition.

Despite the presence of competition problems, due to the global recovery trend is clear, investors are still optimistic about this area, the future will still have more new investment enter the field. Even so, the market is intensely competitive .The study group recommends the new entrants just having money but without technical advantage and upstream and downstream support do not to enter into this field.

The worldwide market for Vacuum Insulation Panel (VIP) is expected to grow at a CAGR of roughly 20.9% over the next five years, will reach 2460 million US$ in 2024, from 790 million US$ in 2019, according to a new GIR (Global Info Research) study.
This report focuses on the Vacuum Insulation Panel (VIP) in global market, especially in North America, Europe and Asia-Pacific, South America, Middle East and Africa. This report categorizes the market based on manufacturers, regions, type and application.

Market Segment by Manufacturers, this report covers
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

…… 

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Table Of Content

1 Market Overview
1.1 Vacuum Insulation Panel (VIP) Introduction
1.2 Market Analysis by Type
1.2.1 Fiber Glass
1.2.2 Precipitated Silica
1.2.3 Fumed Silica
1.2.4 Other
1.3 Market Analysis by Applications
1.3.1 Home Appliance
1.3.2 Building Material
1.3.3 Transport
1.3.4 Other
1.4 Market Analysis by Regions
1.4.1 North America (United States, Canada and Mexico)
1.4.1.1 United States Market States and Outlook (2014-2024)
1.4.1.2 Canada Market States and Outlook (2014-2024)
1.4.1.3 Mexico Market States and Outlook (2014-2024)
1.4.2 Europe (Germany, France, UK, Russia and Italy)
1.4.2.1 Germany Market States and Outlook (2014-2024)
1.4.2.2 France Market States and Outlook (2014-2024)
1.4.2.3 UK Market States and Outlook (2014-2024)
1.4.2.4 Russia Market States and Outlook (2014-2024)
1.4.2.5 Italy Market States and Outlook (2014-2024)
1.4.3 Asia-Pacific (China, Japan, Korea, India and Southeast Asia)
1.4.3.1 China Market States and Outlook (2014-2024)
1.4.3.2 Japan Market States and Outlook (2014-2024)
1.4.3.3 Korea Market States and Outlook (2014-2024)
1.4.3.4 India Market States and Outlook (2014-2024)
1.4.3.5 Southeast Asia Market States and Outlook (2014-2024)
1.4.4 South America, Middle East and Africa
1.4.4.1 Brazil Market States and Outlook (2014-2024)
1.4.4.2 Egypt Market States and Outlook (2014-2024)
1.4.4.3 Saudi Arabia Market States and Outlook (2014-2024)
1.4.4.4 South Africa Market States and Outlook (2014-2024)
1.4.4.5 Turkey Market States and Outlook (2014-2024)
1.5 Market Dynamics
1.5.1 Market Opportunities
1.5.2 Market Risk
1.5.3 Market Driving Force
2 Manufacturers Profiles
2.1 Panasonic
2.1.1 Business Overview
2.1.2 Vacuum Insulation Panel (VIP) Type and Applications
2.1.2.1 Product A
2.1.2.2 Product B
2.1.3 Panasonic Vacuum Insulation Panel (VIP) Sales, Price, Revenue, Gross Margin and Market Share (2017-2018)
2.2 LG Hausys
2.2.1 Business Overview
2.2.2 Vacuum Insulation Panel (VIP) Type and Applications
2.2.2.1 Product A
2.2.2.2 Product B
2.2.3 LG Hausys Vacuum Insulation Panel (VIP) Sales, Price, Revenue, Gross Margin and Market Share (2017-2018)
2.3 Fujian SuperTech
2.3.1 Business Overview
2.3.2 Vacuum Insulation Panel (VIP) Type and Applications
2.3.2.1 Product A
2.3.2.2 Product B
2.3.3 Fujian SuperTech Vacuum Insulation Panel (VIP) Sales, Price, Revenue, Gross Margin and Market Share (2017-2018)
2.4 ThermoCor
2.4.1 Business Overview
2.4.2 Vacuum Insulation Panel (VIP) Type and Applications
2.4.2.1 Product A
2.4.2.2 Product B
2.4.3 ThermoCor Vacuum Insulation Panel (VIP) Sales, Price, Revenue, Gross Margin and Market Share (2017-2018)
2.5 Va-Q-Tec
2.5.1 Business Overview
2.5.2 Vacuum Insulation Panel (VIP) Type and Applications
2.5.2.1 Product A
2.5.2.2 Product B
2.5.3 Va-Q-Tec Vacuum Insulation Panel (VIP) Sales, Price, Revenue, Gross Margin and Market Share (2017-2018)
2.6 Porextherm
2.6.1 Business Overview
2.6.2 Vacuum Insulation Panel (VIP) Type and Applications
2.6.2.1 Product A
2.6.2.2 Product B
2.6.3 Porextherm Vacuum Insulation Panel (VIP) Sales, Price, Revenue, Gross Margin and Market Share (2017-2018)
2.7 Etex Group(Promat and Marley Eternit)
2.7.1 Business Overview
2.7.2 Vacuum Insulation Panel (VIP) Type and Applications
2.7.2.1 Product A
2.7.2.2 Product B
2.7.3 Etex Group(Promat and Marley Eternit) Vacuum Insulation Panel (VIP) Sales, Price, Revenue, Gross Margin and Market Share (2017-2018)
2.8 Kingspan Insulation
2.8.1 Business Overview
2.8.2 Vacuum Insulation Panel (VIP) Type and Applications
2.8.2.1 Product A
2.8.2.2 Product B
2.8.3 Kingspan Insulation Vacuum Insulation Panel (VIP) Sales, Price, Revenue, Gross Margin and Market Share (2017-2018)
2.9 Kevothermal
2.9.1 Business Overview
2.9.2 Vacuum Insulation Panel (VIP) Type and Applications
2.9.2.1 Product A
2.9.2.2 Product B
2.9.3 Kevothermal Vacuum Insulation Panel (VIP) Sales, Price, Revenue, Gross Margin and Market Share (2017-2018)
2.10 Turna
2.10.1 Business Overview
2.10.2 Vacuum Insulation Panel (VIP) Type and Applications
2.10.2.1 Product A
2.10.2.2 Product B
2.10.3 Turna Vacuum Insulation Panel (VIP) Sales, Price, Revenue, Gross Margin and Market Share (2017-2018)
2.11 Knauf Insulation
2.11.1 Business Overview
2.11.2 Vacuum Insulation Panel (VIP) Type and Applications
2.11.2.1 Product A
2.11.2.2 Product B
2.11.3 Knauf Insulation Vacuum Insulation Panel (VIP) Sales, Price, Revenue, Gross Margin and Market Share (2017-2018)
2.12 OCI Company
2.12.1 Business Overview
2.12.2 Vacuum Insulation Panel (VIP) Type and Applications
2.12.2.1 Product A
2.12.2.2 Product B
2.12.3 OCI Company Vacuum Insulation Panel (VIP) Sales, Price, Revenue, Gross Margin and Market Share (2017-2018)
2.13 Weiaipu New Materials
2.13.1 Business Overview
2.13.2 Vacuum Insulation Panel (VIP) Type and Applications
2.13.2.1 Product A
2.13.2.2 Product B
2.13.3 Weiaipu New Materials Vacuum Insulation Panel (VIP) Sales, Price, Revenue, Gross Margin and Market Share (2017-2018)
2.14 Qingdao Creek
2.14.1 Business Overview
2.14.2 Vacuum Insulation Panel (VIP) Type and Applications
2.14.2.1 Product A
2.14.2.2 Product B
2.14.3 Qingdao Creek Vacuum Insulation Panel (VIP) Sales, Price, Revenue, Gross Margin and Market Share (2017-2018)
2.15 Yinxing Electric
2.15.1 Business Overview
2.15.2 Vacuum Insulation Panel (VIP) Type and Applications
2.15.2.1 Product A
2.15.2.2 Product B
2.15.3 Yinxing Electric Vacuum Insulation Panel (VIP) Sales, Price, Revenue, Gross Margin and Market Share (2017-2018)

……

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