Press release
Vacuum Insulation Market: Strong Growth Ahead with Emerging Trends and Driving Factors Forecast for 2024-2029
Vacuum Insulation Market
The Vacuum Insulation Market is set to make leaps, backed by its green building initiatives, cost reduction efforts, sustainable construction, and increased demand.
What Is The Projected Market Size Of The Global Vacuum Insulation Market And Its Growth Rate?
• The Vacuum Insulation Market grew strongly in recent years, increasing from $10.07 billion in 2024 to $10.89 billion in 2025.
• The market expanded at a compound annual growth rate (CAGR) of 8.2% during this period due to factors such as green building initiatives, cost reduction efforts, industrial insulation needs, automotive lightweighting, and energy efficiency regulations.
• The market is expected to continue this strong growth, reaching $15.9 billion in 2029 with a CAGR of 9.9% in the forecast period, due to rising sustainable construction and increased awareness of climate change among other factors.
What Is Driving The Growth In The Vacuum Insulation Market?
Increased utilization across cooling and freezing applications is expected to propel the growth of the vacuum insulation market going forward. Freezing applications use vacuum insulation to help keep food cool for longer than other coolers. Fast and safe refrigerated transport of medicines and pharmaceutical products also employ vacuum insulation. In September 2024, for instance, the US-based independent digital magazine, Coolest Gadgets, reported refrigerators as the 72nd most traded product worldwide. Therefore, the increased utilization across cooling and freezing applications is driving the vacuum insulation market.
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Who Are the Key Players Driving Vacuum Insulation Market Growth?
• BASF SE
• M&I Materials Limited
• Morgan Advanced Materials
• Evonik Industries AG
• LG Hausys
• Panasonic Corporation
• Dow
• Kevothermal LLC
• ThermoCor
• Va-Q-Tec AG
• Microtherm Sentronic GmbH
• OCI Company Ltd.
• Kingspan Group
• KCC CORPORATION
• Svenska Aerogel AB
• Saffil Ltd.
• Sulzer Metco
• Luxfer Gas Cylinders
• HPQ Silicon Resources Inc.
• Isoleika S.L.
• Saint-Gobain
• TechnoNICOL Corporation
What Are The Key Trends In The Vacuum Insulation Market?
• Smart building integration
• Green building certification
• High-performance refrigeration
• Customized VIP solutions
• Vacuum insulated glass (vig)
What Are The Segments Of The Global Vacuum Insulation Market?
• By Type: Flat Panel, Special Shape Panel
• By Raw Material: Plastics, Metals
• By Core Material: Silica, Fiberglass, Other Core Materials
• By End-User Industry: Construction, Cooling and Freezing Devices, Logistics, Other End-User Industries
Which Region Leads The Vacuum Insulation Market?
Asia-Pacific was the largest region in the vacuum insulation market in 2024. Due to the rapidly developing infrastructure and increasing urbanization, North America is expected to be the fastest-growing region in the forecast period.
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What Is Covered In The Vacuum Insulation Market Global Market Report?
- Market Size Analysis: Analyze the Vacuum Insulation Market size by key regions, countries, product types, and applications.
- Market Segmentation Analysis: Identify various subsegments within the Vacuum Insulation Market for effective categorization.
- Key Player Focus: Focus on key players to define their market value, share, and competitive landscape.
- Growth Trends Analysis: Examine individual growth trends and prospects in the Market.
- Market Contribution: Evaluate contributions of different segments to the overall Vacuum Insulation Market growth.
- Growth Drivers: Detail key factors influencing market growth, including opportunities and drivers.
- Industry Challenges: Analyze challenges and risks affecting the Vacuum Insulation Market.
- Competitive Developments: Analyze competitive developments, such as expansions, agreements, and new product launches in the market.
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