The vacuum insulation panel (VIP) market is expected to register a CAGR of around 5% during the forecast period. The major growth drivers of the market studied are the high demand from the construction industry and the adoption of VIP for automated storage and retrieval across the globe. Conversely, the high cost of non-standard dimensions and the high weight of the panels are likely to hinder the growth of the market studied.
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Competitive Landscape
The vacuum insulation panel market is fragmented in nature, with numerous players holding an insignificant market share, to affect the market dynamics individually. Some of the major players in the market include Evonik Industries AG, Panasonic Corporation, Dow, LG Hausys Ltd, and OCI Company Ltd, among others.
Market Segmentation
By Raw Material
- Plastics
- Metal
By Core Material
- Silica
- Fiberglass
- Others
By Type
- Flat Panel
- Special Shape Panel
By End Use Industry
- Construction
- Cooling & Freezing Devices
- Logistics
- Others
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Recent Developments
- Market Overview and growth analysis
- Import and Export Overview
- Volume Analysis
- Current Market Trends and Future Outlook
- Market Opportunistic and Attractive Investment Segment
Geographic Coverage
- North America Market Size and/or Volume
- Latin America Market Size and/or Volume
- Europe Market Size and/or Volume
- Asia-Pacific Market Size and/or Volume
- Rest of the world Market Size and/or Volume
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Key Questions Answered by Vacuum Insulation Panels Market Report
- What was the Vacuum Insulation Panels Market size in 2022 and 2028; what are the estimated growth trends and market forecast (2022-2028).
- What will be the CAGR of the Vacuum Insulation Panels Market during the forecast period (2022-2028)?
- Which segments (product type/applications/end-user) were most attractive for investments in 2022? How these segments are expected to grow during the forecast period (2022-2028).
- Which manufacturer/vendor/players in the Vacuum Insulation Panels Market was the market leader in 2022?
- Overview on the existing product portfolio, products in the pipeline, and strategic initiatives taken by key vendors in the market.
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