Press release
Vacuum Insulation Market Size, Share, Regional Outlook, Growth Trends, Key Players, Competitive Strategies And Forecasts To 2031 | BASF SE, M&I Materials Limited, Morgan Advanced Materials (U.K.), Evonik Industries AG.
Vacuum Insulation Global Market Report 2022
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The global vacuum insulation market report by the business research company identifies Increased utilisation across cooling and freezing applications to be a major growth driver for the vacuum insulation market. Freezing applications use vacuum insulation to help keep food cool for a longer period than other coolers. Vacuum insulation is helpful for fast and safe refrigerated transport of medicines and pharmaceutical products.
The global vacuum insulation market size is expected to grow from $7.98 billion in 2021 to $8.53 billion in 2022 at a compound annual growth rate (CAGR) of 6.9%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, affecting many markets across the globe. The vacuum insulation market is expected to grow to $11.06 billion in 2026 at a CAGR of 6.7%.
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Asia-Pacific was the largest region in the vacuum insulation market in 2021. North America is expected to be the fastest-growing region in the forecast period. The regions covered in this vacuum insulation market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa.
Major players in the vacuum insulation market are BASF SE, M&I Materials Limited, Morgan Advanced Materials (U.K.), Evonik Industries AG (Germany), LG Hausys (South Korea), Panasonic Corporation (Japan), Dow (U.S.), Kevothermal (Mexico), ThermoCor (U.S.), Va-Q-Tec AG (Germany), Microtherm Sentronic GmbH (Belgium), OCI Company Ltd. (Korea), AVERY DENNISON CORPORATION (U.S.), Kingspan Group (Ireland), KCC CORPORATION (South Korea), and OCI Company Ltd. (Korea).
The global vacuum insulation market is segmented -
1) By Type: Flat Panel, Special Shape Panel
2) By Raw Material: Plastics, Metals
3) By Core Material: Silica, Fiberglass, Other Core Materials
4) By End-User Industry: Construction, Cooling and Freezing Devices, Logistics, Other End-User Industries.
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The Vacuum Insulation Market Report Contents Include
1. Executive Summary
2. Vacuum Insulation Market Characteristics
3. Vacuum Insulation Market Trends And Strategies
4. Vacuum Insulation Market - Macro Economic Scenario
5. Vacuum Insulation Market Size And Growth
....
26. Africa Vacuum Insulation Market
27. Vacuum Insulation Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The Vacuum Insulation Market
29. Vacuum Insulation Market Future Outlook and Potential Analysis
30. Appendix
This report covers the trends and market dynamics of the Vacuum Insulation market in major countries - Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, and USA. The report also includes consumer surveys and various future opportunities for the market.
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