The Vacuum
Insulation Panels Market is projected to grow from USD 6.38
Billion in 2016 to reach USD 8.14 Billion by 2021, at a CAGR of 4.99%.
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The ecosystem of vacuum insulation panels comprises vacuum
insulation panel distributors/suppliers such as Evonik Industries AG (Germany),
LG Hausys Ltd. (Korea), Panasonic Corporation (Japan), Dow Corning Corporation
(U.S.), and OCI Company Ltd. (Korea). Other players in this market include
Kevothermal, LLC (Mexico), Porextherm Dämmstoffe GmbH (Germany), ThermoCor
(U.S.), Va-Q-Tec AG (Germany), and Microtherm (Belgium) and government and
environmental protection bodies which help the manufacturers in the development
and growth of vacuum insulation panels, technologies, and markets.
The report aims at estimating the market size and future
growth potential of the vacuum insulation panels market across different
segments such as core material, type, raw material, application, and region.
Globally, competition in the vacuum insulation panels market is growing
considerably owing to the growing construction and consumer durables
industries. With the emergence of new technologies, manufacturers are looking
for advanced techniques to make vacuum insulation panels more effective. The
base year considered for the study is 2015 and the market size is projected
from 2016 to 2021.
The research methodology used to estimate and forecast the
market size included the top-down approach. The total market size of the vacuum
insulation panels was calculated, and accordingly, the percentage was allotted
to different sectors in each of the segments. This allotment and calculation
were done on the basis of extensive primary interviews and secondary research.
Primary research involved in this report includes extensive interviews with key
people such as CEOs, VPs, directors, and executives. After arriving at the
overall market size, the total market was split into several segments and
subsegments. These data triangulation and market breakdown procedures were employed
to complete the overall market engineering process and arrive at the exact
statistics for all segments and subsegments.
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