PUBLISHER: The Business Research Company | PRODUCT CODE: 1657051
PUBLISHER: The Business Research Company | PRODUCT CODE: 1657051
Vacuum insulation is a type of insulation service designed to offer superior insulation performance compared to conventional insulation materials. It is particularly useful for transporting heat-sensitive products in extreme conditions and high temperatures. This insulation method involves a flat element consisting of an open porous core material that can withstand the external load caused by atmospheric pressure. A gas-tight envelope is used to maintain the required vacuum quality.
The main types of vacuum insulation include flat-panel and special-shape panels. Flat panels are employed for optimized temperature insulation, following the principles of a thermos flask. Various raw materials are used in the production of vacuum insulation, including plastics, metals, and core materials such as silica, fiberglass, and others. Vacuum insulation is utilized in construction, cooling and freezing devices, logistics, and various other end-user industries.
The vacuum insulation market research report is one of a series of new reports from The Business Research Company that provides vacuum insulation market statistics, including vacuum insulation industry global market size, regional shares, competitors with a vacuum insulation market share, detailed vacuum insulation market segments, market trends and opportunities, and any further data you may need to thrive in the vacuum insulation industry. This vacuum insulation market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenarios of the industry.
The vacuum insulation market size has grown strongly in recent years. It will grow from $10.07 billion in 2024 to $10.89 billion in 2025 at a compound annual growth rate (CAGR) of 8.2%. The growth in the historic period can be attributed to growth in green building initiatives, cost reduction efforts, industrial insulation needs, automotive lightweighting, energy efficiency regulations
The vacuum insulation market size is expected to see strong growth in the next few years. It will grow to $15.9 billion in 2029 at a compound annual growth rate (CAGR) of 9.9%. The growth in the forecast period can be attributed to rise in sustainable construction, growing demand for hvac efficiency, aerospace and automotive growth, urbanization and infrastructure development, increased awareness of climate change. Major trends in the forecast period include smart building integration, green building certification, high-performance refrigeration, customized vip solutions, vacuum insulated glass (vig).
The growing use of vacuum insulation in cooling and freezing applications is anticipated to drive the growth of the vacuum insulation market in the coming years. Vacuum insulation is employed in freezing applications to maintain the temperature of food for a longer duration compared to other cooling solutions. It also facilitates the rapid and safe refrigerated transport of medicines and pharmaceutical products. For example, in September 2024, Coolest Gadgets, a US-based independent digital magazine, reported that in 2022, refrigerators were ranked as the 72nd most traded product globally, with a total trade value of USD 62.5 billion, representing 0.26% of global trade. The trade in refrigerators saw an increase of 0.67% from 2021 to 2022. Thus, the increased utilization in cooling and freezing applications is driving the growth of the vacuum insulation market.
The vacuum insulation market is anticipated to benefit from the expansion of the construction industry. This industry encompasses diverse activities related to the design, planning, and construction of buildings and infrastructure. Vacuum insulation technology, which involves creating a vacuum between panels to reduce heat transfer, contributes to highly efficient thermal insulation in buildings. This not only helps maintain comfortable indoor temperatures but also enhances energy efficiency. The U.S. Census Bureau and the U.S. Department of Housing and Urban Development reported a notable increase in privately owned home starts in May 2023, signifying growth in the construction sector. Hence, the growth of the construction industry is a key driver for the vacuum insulation market.
Technological advancements are a significant trend gaining traction in the vacuum insulation market. Leading companies in this sector are creating new products featuring innovative technologies to bolster their market positions. For example, in February 2022, NEVEON, an Austria-based integrated foam company, inaugurated a new vacuum insulation panel (VIP) production line in Nyrsko, Czech Republic. This fully automated facility aims to address the rising demand for energy-efficient insulation by increasing production capacity. NEVEON's VIPs are extensively used in industries such as construction, appliances, and logistics, where superior thermal insulation is critical. This initiative aligns with NEVEON's broader strategy to strengthen its global market presence by providing state-of-the-art insulation technologies that promote energy savings and sustainability efforts.
Leading companies in the vacuum insulation market are concentrating on introducing innovative insulating glass to secure a competitive advantage. Vacuum Insulating Glass (VIG) is a type of architectural glass that employs vacuum technology to produce an insulating glass unit (IGU) with outstanding insulation capabilities. For example, in February 2024, Kolbe Windows & Doors, a US-based manufacturer of windows and doors, formed a partnership with LuxWall, a US-based provider of energy-efficient glass solutions. This collaboration aims to launch vacuum-insulating glass (VIG) technology, particularly the Enthermal design, as a high-efficiency option for residential applications. The partnership offers energy-conscious consumers innovative and visually appealing glass solutions that significantly minimize heat gain and loss. By leveraging LuxWall's advanced VIG technology, they improve glass performance for both new constructions and renovations. Together, they aim to address the growing demand for high-quality and energy-efficient glass products.
In July 2024, the Fenzi Group, an Italy-based company in the glass processing industry, acquired Thermoseal for an undisclosed amount. This acquisition allows Fenzi to incorporate Thermoseal's innovative products into its portfolio, enhancing its position in the IG components market. This strategic decision aims to foster collaboration and innovation within the glass processing sector, highlighting Fenzi's commitment to excellence. Thermoseal is a UK-based manufacturer specializing in insulated glass.
Major companies operating in the vacuum insulation market include 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
Asia-Pacific was the largest region in the vacuum insulation market share in 2024. North America is expected to be the fastest-growing region in the forecast period. The regions covered in this global vacuum insulation market analysis report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa.
The countries covered in the vacuum insulation market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.
The vacuum insulation market includes revenues earned by preventing heat loss through conduction. The market value includes the value of related goods sold by the service provider or included within the service offering. Only goods and services traded between entities or sold to end consumers are included.
The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD unless otherwise specified).
The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.
Vacuum Insulation Global Market Report 2025 from The Business Research Company provides strategists, marketers and senior management with the critical information they need to assess the market.
This report focuses on vacuum insulation market which is experiencing strong growth. The report gives a guide to the trends which will be shaping the market over the next ten years and beyond.
Where is the largest and fastest growing market for vacuum insulation ? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward? The vacuum insulation market global report from the Business Research Company answers all these questions and many more.
The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market's historic and forecast market growth by geography.
The forecasts are made after considering the major factors currently impacting the market. These include the Russia-Ukraine war, rising inflation, higher interest rates, and the legacy of the COVID-19 pandemic.