Global Vacuum Insulation Panel Market Size & Outlook

The vacuum insulation panel industry worldwide is expected to reach a projected revenue of US$ 10,816.6 million by 2030. A compound annual growth rate of 4% is expected of the worldwide vacuum insulation panel industry from 2024 to 2030.
Revenue, 2023 (US$M)
$8,245.0
Forecast, 2030 (US$M)
$10,816.6
CAGR, 2024 - 2030
4%
Report Coverage
Worldwide

Global vacuum insulation panel market, 2018-2030 (US$M)

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Global vacuum insulation panel market highlights

  • The global vacuum insulation panel market generated a revenue of USD 8,245.0 million in 2023 and is expected to reach USD 10,816.6 million by 2030.
  • The market is expected to grow at a CAGR (2024 - 2030) of 4% by 2030.
  • In terms of segment, silica accounted for a revenue of USD 8,245.0 million in 2023.
  • Silica is the most lucrative core material segment registering the fastest growth during the forecast period.
  • In terms of region, Asia Pacific was the largest revenue generating market in 2023.

Global data book summary

Market revenue in 2023USD 8,245.0 million
Market revenue in 2030USD 10,816.6 million
Growth rate4% (CAGR from 2024 to 2030)
Largest segmentSilica
Fastest growing segmentSilica
Historical data covered2018 - 2022
Base year for estimation2023
Forecast period covered2024 - 2030
Quantitative unitsRevenue in USD million
Market segmentationSilica

Other key industry trends

  • In terms of revenue, the North America accounted for 20.0% of the global vacuum insulation panel market in 2023.

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Vacuum Insulation Panel Market Scope

Vacuum insulation panel market segmentation & scope
Fiberglass
Others
Product
Flat
Special Shape
Raw Material
Plastics
Metals
Application
Construction
Cooling & Freezing Devices
Logistics
Others
Countries
U.S.
Canada
Mexico
UK
Germany
France
Italy
Spain
Denmark
Norway
Sweden
Australia
China
India
Japan
South Korea
Thailand
Saudi Arabia
South Africa
UAE
Kuwait
Brazil
Argentina

Vacuum Insulation Panel Market Companies

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Global vacuum insulation panel market size, by regions, 2018-2030 (US$M)

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