In the context of increasingly prominent global energy issues, the requirements for energy conservation and environmental protection have been further increased. As a new type of high-efficiency environmental protection insulation material, vacuum insulation panels have gradually expanded their application fields in recent years, making the market demand for vacuum insulation panels continue to grow. At the same time, it also drives enterprises in the industry to gradually carry out technology research and development. The following Beijing Yanjing Bizhi Information Consulting Co., Ltd. will focus on the global vacuum insulation panel industry.

1. Overview of Vacuum Insulation Panel Industry

1. Industry definition

Vacuum insulation panel is a kind of vacuum insulation material, which is mainly composed of filling core material and vacuum protection surface layer, which can avoid heat transfer caused by air convection, thereby reducing thermal conductivity, and has the properties of environmental protection, high efficiency and energy saving.

2. Industrial chain structure

The upstream of the industrial chain is the supply of raw materials, including glass fiber, rubber, aluminum foil and various membrane materials; the midstream is the production and manufacture of vacuum insulation panels; the downstream is mainly used in household appliances, logistics and construction industries.

2. Analysis of the Status Quo of the Global Vacuum Insulation Panel Industry

1. Market size

From the perspective of the market size of the global vacuum insulation panel industry, it has shown a continuous growth trend in recent years. The market size in 2020 will be 11.54 billion yuan, an increase of 19.8% compared with 2019; by 2021, the market size of the global vacuum insulation panel industry will It has grown to about 13.42 billion yuan, with a year-on-year growth rate of 16.3%. According to the research and analysis of Beijing Yanjing Bizhi, the current downstream application fields of the vacuum insulation panel industry are gradually expanding globally, which will effectively drive the continuous increase of the market size. The market has a large development potential.

2. Market output value

According to data from Beijing Yanjing Bizhi, the global vacuum insulation panel market output value will be about 9.82 billion yuan in 2020, an increase of 9.2% compared to the previous year; by 2021, the market output value will be about 10.59 billion yuan, a year-on-year increase of 7.8%. The growth rate is relatively slow. With the increasing number of manufacturers in the global vacuum insulation panel industry, it is predicted that the global market output value will continue to show a growing trend in the next few years. By 2022, the global vacuum insulation panel market output value is expected to reach 135.4 100 million yuan, with a year-on-year growth rate of 27.9%.

3. The company's market share

In the global market, the market pattern of vacuum insulation panels presents a scattered distribution. At present, it is mainly concentrated in Europe, America, Japan, South Korea and China. According to the latest data analysis, in 2021, LGHausys, Hitachi Appliances and Va-Q-Tek will rank For the top three, the market shares of the three are 16.2%, 12.4% and 9.8% respectively, and the total share of other companies is 61.6%. The overall market concentration is not high.

4. Downstream application market

In terms of the downstream application market of the vacuum insulation panel industry chain, the refrigerator cabinet and the cold chain field account for the highest proportion. According to the analysis of Beijing Yanjing Bizhi, its market demand will be about 2.41 billion yuan in 2021, accounting for 75.8% of the total market ; Next, the market demand in the aviation field is 680 million yuan, accounting for about 15.4%, and the demand in other fields accounts for about 8.8%.

5. Market Penetration

With the continuous expansion of the market application field of vacuum insulation panels, the market penetration rate of the industry is also continuing to increase, and the global vacuum insulation board market penetration rate reached about 8.6% in 2021, an increase of 1.5% over the previous year, and there is a trend of further improvement in the future.