High Compliance to Energy Efficiency and Cold Chain Logistics Boost Demand for Vacuum Insulated Panels (VIPs) Market to Exceed 150 Mil SQMTS by 2026 - Market Research Report (2019-2026) by Industry Experts, Inc.
Industry Experts, Inc. introduced the new market research report " Vacuum Insulation Panels (VIPs) – A Global Market Overview ". As per the estimates by the analysts at Industry Experts, Asia-Pacific accounts more than 60% of the global VIPs market in 2019 and the region is also projected to grow with a robust CAGR of slightly over 22% through the analysis period 2019-2026. Vacuum insulation panels (VIPs) are considered to be among the most promising high performance thermal insulation solutions on the market today. The performance and design flexibility offered by VIPs has enabled them to be used in an array of constructive applications. These comprise 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. Also, the growing demand of fulfilling energy standards has led to wider utilization of VIPs in the building and constr...