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Showing posts with the label vacuum insulation panels market

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

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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...

Energy Efficiency Standards Bolster Demand for Vacuum Insulation Panels (VIPs) Global Demand to Reach 143M SQM (nearly $3B) by 2029 - Market Research Report (2023-2029) by Industry Experts, Inc

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Industry Experts, Inc. unveiled the latest version of Vacuum Insulation Panels (VIPs) global market research report. As per the new report entitled " Vacuum Insulation Panels (VIPs) – A Global Market Overview ", Asia-Pacific region leads the volume market for VIPs with a 2022 share of 64% translated to 32 million square meters, followed by Europe and North America. Key market trends driving demand for VIPs include stringent energy efficiency standards for appliances and buildings, demand for ever more complex and often temperature-sensitive biotech medications. The market development of VIPs has been largely impacted by the evolution in regulations set for energy efficiency in buildings, refrigerators, hot water storage systems and automobiles. Refrigeration manufacturers are increasingly employing VIPs to achieve optimum energy efficiency. Cold chain logistics for pharmaceutical products is also under intense regulatory scrutiny, which has increased the need for reliable a...

Demand for Vacuum Insulated Panels (VIPs) Dropped Sharply in 2020 and Expected to Rebound Significantly in 2021 - Market Report by Industry Experts, Inc.

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Industry Experts, Inc. released an updated 2021 version of the market research report " Vacuum Insulation Panels (VIPs) – A Global Market Overview ". As per the new report, VIPs demand in cold chain logistics is projected to post the robust growth in 2021, particularly due to COVID-19 Pandemic, as the pharmaceutical products need the sophisticated thermal packaging. The market development of VIPs has been largely impacted by the evolution in regulations set for energy efficiency in buildings, refrigerators, hot water storage systems and automobiles. Refrigeration manufacturers are increasingly employing VIPs for achieving optimum energy efficiency. Cold chain logistics for pharmaceutical products is also under intense regulatory scrutiny, which has increased the need for reliable and high performance thermal packaging, which has boosted the market for VIPs. The impact of COVID-19 pandemic on vacuum insulation panels (VIPs) demand is expected to differ in intensity dependin...