The Vacuum Insulation Global Market Report 2023, provides comprehensive information on the vacuum insulation market across 60+ geographies in the seven regions – Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa for the 27 major global industries. The report covers a ten year historic period – 2010-2021, and a ten year forecast period – 2023-2032.
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As per The Business Research Company’s Vacuum Insulation Global Market Report 2023, the market size is expected to grow from $8.6 billion in 2022 to $9.27 billion in 2023 at a compound annual growth rate (CAGR) of 7.8%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The market size of global vacuum insulation market is expected to grow to $12.33 billion in 2027 at a CAGR of 7.4%.
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Technological advancements are a key trend gaining popularity in the vacuum insulation market. Major companies operating in vacuum insulation are developing new products with innovative technologies to strengthen their position in the market. For instance, in 2021, Panasonic Corporation, a Japan-based company operating in vacuum insulation, launched its innovative vacuum insulating product known as the VIXELL Vacuum Insulated Cooking Box, which uses contactless power supply technology to enable the user to determine insulation performance.
The vacuum insulation market is segmented:
1) By Type: Flat Panel, Special Shape Panel
2) 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
Asia-Pacific was the largest region in the vacuum insulation market in 2022.
The table of contents in TBRC’s vacuum insulation market report includes:
- Executive Summary
- Vacuum Insulation Market Characteristics
- Vacuum Insulation Market Trends And Strategies
- Vacuum Insulation Market – Macro Economic Scenario
- Vacuum Insulation Market Size And Growth
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- Africa Vacuum Insulation Market
- Vacuum Insulation Market Competitive Landscape And Company Profiles
- Key Mergers And Acquisitions In The Vacuum Insulation Market
- Vacuum Insulation Market Future Outlook and Potential Analysis
- Appendix
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