This Vacuum Insulation 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 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 Nýrsko, 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.
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 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 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.
This product will be delivered within 3-5 business days.
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 Nýrsko, 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.
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 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 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.
This product will be delivered within 3-5 business days.
Table of Contents
1. Executive Summary2. Vacuum Insulation Market Characteristics3. Vacuum Insulation Market Trends and Strategies4. Vacuum Insulation Market - Macro Economic Scenario Including the Impact of Interest Rates, Inflation, Geopolitics, and the Recovery from COVID-19 on the Market32. Global Vacuum Insulation Market Competitive Benchmarking and Dashboard33. Key Mergers and Acquisitions in the Vacuum Insulation Market34. Recent Developments in the Vacuum Insulation Market
5. Global Vacuum Insulation Growth Analysis and Strategic Analysis Framework
6. Vacuum Insulation Market Segmentation
7. Vacuum Insulation Market Regional and Country Analysis
8. Asia-Pacific Vacuum Insulation Market
9. China Vacuum Insulation Market
10. India Vacuum Insulation Market
11. Japan Vacuum Insulation Market
12. Australia Vacuum Insulation Market
13. Indonesia Vacuum Insulation Market
14. South Korea Vacuum Insulation Market
15. Western Europe Vacuum Insulation Market
16. UK Vacuum Insulation Market
17. Germany Vacuum Insulation Market
18. France Vacuum Insulation Market
19. Italy Vacuum Insulation Market
20. Spain Vacuum Insulation Market
21. Eastern Europe Vacuum Insulation Market
22. Russia Vacuum Insulation Market
23. North America Vacuum Insulation Market
24. USA Vacuum Insulation Market
25. Canada Vacuum Insulation Market
26. South America Vacuum Insulation Market
27. Brazil Vacuum Insulation Market
28. Middle East Vacuum Insulation Market
29. Africa Vacuum Insulation Market
30. Vacuum Insulation Market Competitive Landscape and Company Profiles
31. Vacuum Insulation Market Other Major and Innovative Companies
35. Vacuum Insulation Market High Potential Countries, Segments and Strategies
36. Appendix
Executive Summary
Vacuum Insulation Global Market Report 2025 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.
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Description
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 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 market characteristics section of the report defines and explains the market.
- The market size section gives the market size ($b) covering both the historic growth of the market, and forecasting its development.
- The forecasts are made after considering the major factors currently impacting the market. These include:
- 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.
- Market segmentations break down the market into sub markets.
- The regional and country breakdowns section gives an analysis of the market in each geography and the size of the market by geography and compares their historic and forecast growth. It covers the growth trajectory of COVID-19 for all regions, key developed countries and major emerging markets.
- The competitive landscape chapter gives a description of the competitive nature of the market, market shares, and a description of the leading companies. Key financial deals which have shaped the market in recent years are identified.
- The trends and strategies section analyses the shape of the market as it emerges from the crisis and suggests how companies can grow as the market recovers.
Scope
Markets Covered:
1) by Type: Flat Panel; Special Shape Panel2) by Raw Material: Plastics; Metals
3) by Core Material: Silica; Fiberglass; Other Core Materials
4) by End-User Industry: Construction; Cooling and Freezing Devices; Logistics; Other End-User Industries
Subsegments:
1) by Flat Panel: Standard Flat Panels; Custom Flat Panels2) by Special Shape Panel: Cylindrical Panels; Corner Panels; Specialty Custom Shapes
Key Companies Mentioned: BASF SE; M&I Materials Limited; Morgan Advanced Materials; Evonik Industries AG; LG Hausys
Countries: Australia; Brazil; China; France; Germany; India; Indonesia; Japan; Russia; South Korea; UK; USA; Canada; Italy; Spain
Regions: Asia-Pacific; Western Europe; Eastern Europe; North America; South America; Middle East; Africa
Time Series: Five years historic and ten years forecast.
Data: Ratios of market size and growth to related markets, GDP proportions, expenditure per capita.
Data Segmentation: Country and regional historic and forecast data, market share of competitors, market segments.
Sourcing and Referencing: Data and analysis throughout the report is sourced using end notes.
Delivery Format: PDF, Word and Excel Data Dashboard.
Companies Mentioned
Some of the major companies featured in this Vacuum Insulation market report 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
Table Information
| Report Attribute | Details |
|---|---|
| No. of Pages | 200 |
| Published | February 2025 |
| Forecast Period | 2025 - 2029 |
| Estimated Market Value ( USD | $ 10.89 Billion |
| Forecasted Market Value ( USD | $ 15.9 Billion |
| Compound Annual Growth Rate | 9.9% |
| Regions Covered | Global |
| No. of Companies Mentioned | 23 |
