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Vacuum Insulation Panels Market by Core Material Type, Type, Raw material, Application - Forecast to 2021

Vacuum Insulation Panels Market: Forecast until 2021

  • April 2016
  • 216 pages
  • ID: 3807529
In this report:
According to the U.S. Census Bureau of the Department of Commerce, total construction spending in the U.S. grew at a rate of ##.##% between January 2015 and January 2016.
According to the International Federation of Asian and Western Pacific Contractors' Associations (IFAWPCA), construction spending, both residential and non-residential, in the Asia-Pacific region, accounted for a share of ##% of the global spending on construction activities, in 2013.

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"Growing construction industry to drive the sector for vacuum insulation panels"

The overall market for vacuum insulation panels is forecasted to grow from ~$6.4B in 2016 to attain ~$8.1B by 2021, at an estimated compound annual growth rate of ~5.0 percent from 2016 to 2021. Increase in the construction as well as the logistics sectors overall the globe has played a huge role in providing the necessary momentum to the vacuum insulation panels market, after the economic slowdown.

"Silica-based vacuum insulation panels to benefit maximum traction during the estimate period"

The silica-based vacuum insulation panels segment is intended to be the quickest-rising in the next five years. Vacuum insulation panels with silica as the core material last for more than 60 years. Futhermore, the small size of pores of silica and very low heat conductivity of the silica powder make it ideal for building construction applications, apart from other application areas including cooling & freezing devices and the logistics sector.

"APAC provides the maximum market share in 2015"

The industry for vacuum insulation panels is also broken down based on area which comprises North America continent, Europe (EU), Asia-Pac, and Rest of the globe. Asia Pacific (APAC) recorded for the biggest share of the total demand generated by the overall vacuum insulation panels market in 2015 because of the willingness of firms in the territory to take up capital-intensive projects, together with the availability of technical expertise. The Asia Pacific (APAC) area is forecasted to be the quickest developing market for vacuum insulation panels, during the outlook period, due to the growing economy and the fast growth in the infrastructure and consumer durables markets.

Key players' distribution profiles:

Primary Q&A were managed with a number of industry experts in order to gather info associated to various aspects of vacuum insulation panels. The classification of primaries interviews is like:

- By Company Type: Tier 1 - 45.0 percent, Tier 2 - 37.0 percent, Tier 3 - 18.0 percent

- By Description: D-level - 54.0 percent, C-suite - 28.0 percent, Others - 18.0 percent

- By area: North america (NA) - 44.0 percent, Asia-Pacific - 31.0 percent, Europe - 25.0 percent

This study will help the industry leaders (and new entrants) in the following points:

1. This document breaks down the market for vacuum insulation panels comprehensively and offers the best approximations of the revenue data for the global market and the sub-segments across the distinct verticals and localities.

2. This business report will facilitate partners to comprehend the sector and offer them information on main market drivers, market restraints, opportunities, and alternatives.

3. This industry report will facilitate partners to better find out their players and obtain additional insights into their rank in the business sector.

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