Vacuum Insulation Panels (VIPs) Move into the Spotlight as Energy Regulations and Cold Chain Complexity Drive Market Growth to US$2.8 Billion by 2032
Industry Experts, Inc. has published comprehensive update of the research publication, " Vacuum Insulation Panels (VIPs) - A Global Market Overview ," providing an in-depth assessment of market growth trends, competitive dynamics, and application developments shaping the global vacuum insulation panels (VIPs) industry. According to this report, global VIPs demand reached about US$1.5 billion in 2025. The market is expected to expand at a 13.6% CAGR in volume and a 9.8% CAGR in value during 2025-2032, reaching roughly 157 million square meters and US$2.8 billion by 2032, supported by accelerating appliance adoption, steady growth in pharmaceutical cold chains, and the gradual transition of VIPs from pilot-scale to broader commercial use in building applications. According to the report, global demand for vacuum insulation panels continues to be anchored by refrigerators and freezers, which account for nearly 78% of total volume consumption, driven by tightening ap...