DUBLIN, June 1, 2021 /PRNewswire/ -- The "Vacuum Insulation Panels (VIPs) - A Global Market Overview, 2021" report has been added to ResearchAndMarkets.com's offering.
Going into 2021, VIPs demand is forecast to pick up in all applications. VIPs demand in cold chain logistics is anticipated to post a robust growth during 2020-2021, amid the huge demand from COVID-19 vaccination programs, recording huge YoY growth rates.
This report reviews, analyzes and projects the global Vacuum Insulation Panels (VIPs) market for the period 2017-2026 in terms of both market volume in million square meters and value in US$; and the compound annual growth rates (CAGRs) projected from 2019 through 2026. Focus on COVID-19's impact on the market, concentrating on YoY growth rates for 2019, 2020 and 2021.
The global 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 depending on their end-use application and region. Sharpest declines would be expected in VIPs for building & construction, refrigerators & freezers and automotive and transportation applications.
On the other hand, demand for VIPs in cold chain logistics is expected to increase robustly in 2020-2021, thanks to the demand for cold chain containers and boxes to transport COVID-19 test kits and upcoming demand from COVID-19 vaccine transportation and storage.
Research Findings & Coverage
- This global market research report on Vacuum Insulation Panels (VIPs) analyzes the market with respect to material types (core and barrier) and applications
- Vacuum Insulation Panels (VIPs) market size is estimated/projected in this report by material and applications across all major countries
- Storage and Transportation of COVID-19 Test Kits and Vaccines Creates Huge Demand for Vacuum Insulation Panels
- VIP Consumption in Refrigerators and Freezers Being Propelled by Stringent Energy Efficiency Standards
- VIPs to See Significant Growth Potential from Thermal Packaging Systems for Healthcare and Logistics
- Demand for Vacuum Insulation Panels in Building Applications Being Hampered by High Costs
- Key business trends focusing on product innovations/developments, M&As, JVs and other recent industry developments
- Major companies profiled - 47
- The industry guide includes the contact details for 73 companies
Product Outline
The market for Vacuum Insulation Panels (VIPs) based on materials studied in this report comprise the following:
- Core Material
- Fumed Silica
- Fiberglass
- Others
- Envelope Material
- Aluminum Foils
- Metalized Laminates
The report analyzes the market for the following applications of Vacuum Insulation Panels (VIPs):
- Refrigerators & Freezers
- Cold Chain Logistics
- Building & Construction
- Others
Major Global Market Players
- Asahi Fiber Glass Co., Ltd.
- ChuzhouYinxing Electric Co., Ltd.
- CSafe Global
- Fujian SuperTech Advanced Material Co., Ltd.
- KevothermalTLLC
- Kingspan Insulation Ltd
- Knauf Insulation, d.o.o.
- KyungDong One Co., Ltd.
- OCI Company Ltd.
- Panasonic Corporation
- PorexthermDammstoffe GmbH
- Promat International NV
- Thermal Visions Inc.
- Turvac, inovativneizolacije, d.o.o.
- Vaku-Isotherm GmbH
- va-Q-tec AG
- VARIOTEC GmbH & Co. KG
Key Market Trends
- Storage and Transportation of COVID-19 Test Kits and Vaccines Creates Huge Demand for Vacuum Insulation Panels
- VIP Consumption in Refrigerators and Freezers Being Propelled by Stringent Energy Efficiency Standards
- VIPs to See Significant Growth Potential from Thermal Packaging Systems for Healthcare and Logistics
- Demand for Vacuum Insulation Panels in Building Applications Being Hampered by High Costs
Key Business and Product Trends
- va-Q-tec to Supply Thermal Containers to a Leading Pharma Company for the Distribution of COVID-19 Vaccines
- va-Q-tec Launches va-Q-patch for Hot Water Tank Insulation
- va-Q-tec and Brandt to Develop Energy Efficient Refrigerated Vehicles
- va-Q-tec Invests in 3D Printing Start-up ING3D
- CSafe RAP Container Approved by Etihad Cargo
- va-Q-tec to Develop VIPs for High Temperature Insulation
- va-Q-tec and BINDER Cooperates to Provide Equipment for Corona Vaccine Research
- va-Q-tec VIPs Meet HL3 Highest Fire Protection Requirements
- NASA to Use va-Q-tec VIPs in FRIDGE Units for International Space Station
- va-Q-tec Introduces VIPs for Balconies and Patios
- Vaku-Isotherm Ramps Up Vacuum Insulation Panels Production
- CSafe Global Introduces AcuTemp Plus Series Temperature-controlled Packaging Solutions
- va-Q-tec Reinforces Standing in Chinese Market
- va-Q-tec Fortifies its Position in the Industrial Insulation Market
- Recticel Deck-VQ Insulation Receives Nomination for Industry Award
- va-Q-tec's Southeast Asian Operation Expanded
- Kevothermal Expands Albuquerque Operations
- corePAN Introduced by Vaku-Isotherm
- va-Q-tec New Latin American Headquarters and Operating Facility Opened in Uruguay
- Kingspan Develops New Roofing System for Insulation
- Vaku-Isotherm's FlexVIP Introduced
- va-q-tec Expands Production Capacities
- va-Q-tec Granted European Patent for Passive Thermal Containers
- Sika Sarnafil and R-50 Systems in a Partnership
- va-Q-tec's New United States Headquarters Opens
- CSafe's Container for Pharma and Life Science Shipments Approved
Industry Landscape
Vacuum Insulation Panels Producers
- AeroSafe Global (United States)
- Anhui Zhongke Brilliant Energy-saving Technology Co., Ltd. (China)
- Asahi Fiber Glass Co., Ltd. (Japan)
- ChuzhouYinxing Electric Co., Ltd. (China)
- CSafe Global (United States)
- Fujian SuperTech Advanced Material Co., Ltd. (China)
- Greiner PURTEC GmbH (Austria)
- Hitachi Global Life Solutions, Inc. (Japan)
- Isoleika S. Coop. (Spain)
- Jiangsu Sanyou Dior Energy-Saving New Materials Co., Ltd. (China)
- KevothermalTLLC (United States)
- Kingspan Insulation Ltd (United Kingdom)
- Knauf Insulation, d.o.o. (Slovenia)
- KyungDong One Co., Ltd. (South Korea)
- OCI Company Ltd. (South Korea)
- Panasonic Corporation (Japan)
- PorexthermDammstoffe GmbH (Germany)
- Promat International NV (Belgium)
- Saint-Gobain ISOVER (France)
- Shanghai Bosun Marine Co., Ltd. (China)
- Sichuan Micron VIP New Material Co., Ltd. (China)
- Siltherm Int'l Group Limited (China)
- Thermal Visions Inc. (United States)
- Toyo Aluminium K.K. (Japan)
- Turvac, inovativneizolacije, d.o.o. (Slovenia)
- Unifrax I LLC (United States)
- Vaku-Isotherm GmbH (Germany)
- va-Q-tec AG (Germany)
- VARIOTEC GmbH & Co. KG (Germany)
- Winnezone Industrial Co., Ltd. (China)
- Zhongheng New Material Technology Co., Ltd. (China)
Raw Materials Producers
Core Materials
- BASF SE (Germany)
- Cabot Corporation (United States)
- Evonik Industries AG (Germany)
- Mayaterials, Inc. (United States)
- SUMTEQ GmbH (Germany)
- Unicorn Insulations Limited (China)
- Wacker Chemie AG (Germany)
Barrier Films
- Amcor plc (Switzerland)
- Anhui Tongda Packaging Material Co., Ltd. (China)
- Avery Dennison Hanita (Israel)
- Camvac Limited (United Kingdom)
- Kuraray Co., Ltd. (Japan)
- Mitsubishi Polyester Film GmbH (Germany)
- Rexor (France)
Getters
- SAES Getters S.p.A. (Italy)
- SE-JONG Materials lnc. (South Korea)
For more information about this report visit https://www.researchandmarkets.com/r/nf3dta
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