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Industrial Coatings Market Size Will Attain USD 126.18 Billion by 2034 Growing at 3.80% CAGR - Exclusive Report by Zion Market Research
The global industrial coatings market size was valued at USD 93.63 billion in 2024 and is expected to surpass USD 126.18 billion by 2034, registering a CAGR of 3.80% during the forecast period (2025- 2034). NEW YORK, USA, Aug. 14, 2025 (GLOBE NEWSWIRE) -- Zion Market Research has published a new research report titled 'Industrial Coatings Market By Product (Acrylic, Alkyd, Polyurethane, Epoxy, Polyesters, and Others), By Technology (Solvent Borne, Water Borne, Powder Based, and Others), By End-Use (General Industrial Marine, Automotive & Vehicle Refinish, Electronics, Aerospace, Oil & Gas, Mining, Power Generation, and Others), and By Region - Global and Regional Industry Overview, Market Intelligence, Comprehensive Analysis, Historical Data, and Forecasts 2025 - 2034' in its research database. 'According to the latest research study, the global industrial coatings market size was valued at around USD 93.63 billion in 2024. The market is expected to grow at a CAGR of 3.80% and is anticipated to reach a value of USD 126.18 billion by 2034.' Get a Free Sample PDF of this Research Report for more Insights - (A free sample of this report is available upon request; please get in touch with us for more information.) Industrial Coatings Market Overview: Industrial coatings are special protective paints used to shield materials like metal, concrete, and plastic from damage caused by rust, chemicals, and harsh weather conditions. These coatings come in different forms, including tough fluoropolymers that resist heat and chemicals, powder coatings that are applied dry then baked on, and environmentally friendly water-based paints. They serve two important purposes - protecting surfaces to make products last longer while also improving their appearance. The global industrial coatings market is set for significant growth, driven by key sectors like automotive, transportation, and infrastructure. As the worldwide automotive industry recovers from the pandemic, there is a rising demand for corrosion-resistant coatings, especially for commercial fleets and electric vehicles. These high-performance coatings are essential for meeting the industry's need for durable, lightweight, and visually appealing materials. Additionally, substantial investments in infrastructure across the Middle East, Africa, and the Asia Pacific region are boosting the adoption of industrial coatings for bridges, pipelines, and public facilities. These coatings help extend the lifespan of assets in harsh climates and reduce maintenance expenses. Major projects like India's Smart Cities Mission and China's Belt and Road Initiative are clear examples of this sustained demand. Report Scope: Report Attribute Report Details Market Size in 2024 USD 93.63 Billion Market Forecast in 2034 USD 126.18 Billion Growth Rate CAGR of 3.80% Base Year 2024 Forecast Years 2025- 2034 Key Companies Covered AkzoNobel N.V., PPG Industries Inc., Sherwin-Williams Company, Axalta Coating Systems Ltd., BASF SE, Nippon Paint Holdings Co. Ltd., Kansai Paint Co. Ltd., Hempel A/S, RPM International Inc., Beckers Group, Masco Corporation, Sika AG, Teknos Group, Carpoly Chemical Group Co. Ltd., Berger Paints India Ltd., and others. Segments Covered By Product, By Technology, By End-Use, and By Region Regions Covered North America, Europe, Asia Pacific, Latin America, and the Middle East & Africa Customization Scope Avail customized purchase options to meet your exact research Purchase a Copy of the Report | Quick Delivery Available - Key Insights from Primary Research As per the analysis, the industrial coatings market share is likely to grow at a CAGR of around 3.80% between 2025 and 2034. The industrial coatings market size was worth around $93.63 billion in 2024 and is estimated to hit approximately $126.18 billion by 2034. Due to a variety of driving factors, the market is predicted to rise at a significant rate. Based on product, the acrylic segment is growing at a high rate and is projected to dominate the global market. On the basis of technology, the solvent-borne segment is projected to swipe the largest market share. In terms of end-use, the general industrial segment is likely to grow at a significant rate over the forecast period. On the basis of region, the Asia Pacific is expected to dominate the global market during the forecast period. Industrial Coatings Market: Growth Drivers The industrial coatings market is experiencing strong growth, driven by a convergence of several key factors. A primary driver is the increasing demand for high-performance and durable coatings in a wide range of end-use industries, including automotive, construction, marine, oil & gas, and aerospace. These coatings are essential for protecting assets from corrosion, abrasion, and other forms of wear, thus extending their lifespan and reducing maintenance costs. Another significant growth driver is the global trend toward sustainable and environmentally friendly products. Stringent government regulations on volatile organic compound (VOC) emissions are compelling manufacturers to shift away from traditional solvent-based coatings and invest in the development of low-VOC or VOC-free alternatives like water-based and powder coatings. Additionally, rapid industrialization and urbanization, particularly in the Asia-Pacific region, are fueling demand for industrial coatings. Large-scale infrastructure projects, such as the construction of roads, bridges, and commercial buildings, along with a growing manufacturing base, are creating a substantial market for protective and decorative coatings. Finally, technological advancements, including the development of nanotechnology and smart coatings, are further propelling the market by offering enhanced performance, efficiency, and specialized functionalities. Browse the full 'Industrial Coatings Market By Product (Acrylic, Alkyd, Polyurethane, Epoxy, Polyesters, and Others), By Technology (Solvent Borne, Water Borne, Powder Based, and Others), By End-Use (General Industrial Marine, Automotive & Vehicle Refinish, Electronics, Aerospace, Oil & Gas, Mining, Power Generation, and Others), and By Region - Global and Regional Industry Overview, Market Intelligence, Comprehensive Analysis, Historical Data, and Forecasts 2025 - 2034' Report at Industrial Coatings Market: Segmentation The global industrial coatings market is segmented based on product, technology, end-use, and region. Based on product, the global industrial coatings industry is divided into acrylic, alkyd, polyurethane, epoxy, polyesters, and others. The acrylic segment dominates the industrial coatings market due to its superior performance qualities, including exceptional UV resistance, impressive color retention, and remarkable versatility across different materials. These high-performance coatings work equally well on plastics, metals, and concrete surfaces, making them the preferred choice for multiple industries. Based on technology, the global industrial coatings market is segmented as solvent borne, water borne, powder based, and others. The solvent-borne coatings segment dominates the global industrial coatings market thanks to its superior performance characteristics that meet demanding industrial requirements. These coatings excel in providing exceptional adhesion to various substrates, delivering reliable performance across diverse operating conditions, and producing high-quality smooth finishes. Based on end-use, the global market is segmented as general industrial, marine, automotive & vehicle refinish, electronics, aerospace, oil & gas, mining, power generation, and others. The general industrial segment dominates the global coatings market due to its widespread application across multiple manufacturing sectors. These versatile coatings are essential for protecting industrial equipment, metal components, appliances, and tools, serving as a critical defense against corrosion, chemical damage, and wear. Why does Asia Pacific hold a dominant position in the global industrial coatings Market? Asia Pacific is a dominant force in the global industrial coatings market, driven by its powerful manufacturing base and booming construction and automotive sectors. Home to major industrial hubs like China, India, South Korea, and Japan, the region is a leading consumer of industrial coatings. China alone accounts for nearly a third of global manufacturing output, creating a massive and continuous demand for coatings in industries ranging from fabricated metals to machinery and appliances. The region's automotive manufacturing leadership is another key factor. In 2023, for instance, China produced over 30 million vehicles and India exceeded 5 million, which directly fuels the need for both OEM and vehicle finish coatings. The rapid growth of electric vehicle production further amplifies the demand for high-performance coatings in this sector. North America holds a strong position as the second-largest market, sustained by a robust presence of key industries, advanced aerospace and defense sectors, and a focus on technological innovation. The region's diverse economy, with strong foundations in automotive, general manufacturing, and oil & gas, provides a consistent need for industrial coatings. In 2023, the U.S. alone produced over 10.6 million vehicles, ensuring a steady demand for both OEM and refinish coatings. Request For Customization on This Report as Per Your Requirements - Industrial Coatings Market: Competitive Landscape The report contains qualitative and quantitative research on the global industrial coatings market, as well as detailed insights and development strategies employed by the leading competitors. Some of the main players in the global industrial coatings market include; AkzoNobel N.V. PPG Industries Inc. Sherwin-Williams Company Axalta Coating Systems Ltd. BASF SE Nippon Paint Holdings Co. Ltd. Kansai Paint Co. Ltd. Hempel A/S RPM International Inc. Beckers Group Masco Corporation Sika AG Teknos Group Carpoly Chemical Group Co. Ltd. Berger Paints India Ltd. The global industrial coatings market is segmented as follows: By Product Acrylic Alkyd Polyurethane Epoxy Polyesters Others By Technology Solvent Borne Water Borne Powder Based Others By End-Use General Industrial Marine Automotive & Vehicle Refinish Electronics Aerospace Oil & Gas Mining Power Generation Others By Region North America The U.S. Canada Europe France The UK Spain Germany Italy Rest of Europe Asia Pacific China Japan India Southeast Asia Rest of Southeast Asia The Middle East & Africa GCC South Africa Rest of the Middle East & Africa Latin America Brazil Argentina Rest of Latin America Request Free Brochure of the Global Industrial Coatings Market @ Key Questions Answered in This Report: What is industrial coatings? Which key factors will influence the industrial coatings market growth over 2025-2034? What will be the value of the industrial coatings market during 2025-2034? What will be the CAGR value of the industrial coatings market during 2025-2034? Which region will contribute notably towards the industrial coatings market value? Which are the major players leveraging the industrial coatings market growth? What can be expected from the global industrial coatings market report? Key Offerings: Full in-depth analysis of the parent market Important changes in market dynamics Segmentation details of the market Previous, ongoing, and projected market analysis in terms of volume and value Assessment of niche industry developments Market share analysis Key strategies of major players Emerging segments and regional markets Testimonials to companies in order to fortify their foothold in the market Browse Other Related Research Reports from Zion Market Research Chemical Dust Suppressant Market By Type (Liquid Suppressants, Solid Suppressants, and Foam Suppressants), By Chemical Composition (Lignin-Based, Polymer-Based, and Water-Soluble Salts), By Application (Mining, Construction, Agriculture, and Road Maintenance), By End Use (Industrial, Commercial, and Residential), and By Region - Global and Regional Industry Overview, Market Intelligence, Comprehensive Analysis, Historical Data, and Forecasts 2025 - 2034 Gallium Arsenide (GaAs) Wafer Market By Type (Polycrystalline and Single Crystal), By Application (Light Emitting Diodes, Phototonic Devices, Photovoltaic Devices, and Radio Frequency Electronics), and By Region - Global and Regional Industry Overview, Market Intelligence, Comprehensive Analysis, Historical Data, and Forecasts 2025 - 2034 Aluminum Silicon Carbide (AlSiC) Market By Product (AI60/SiC40, AI50/SiC50, AI40/SiC60, and AI70/Sic30), By Application (Aerospace & Defense, Electrical & Electronics, Automotive & Locomotive, and Others), and By Region - Global and Regional Industry Overview, Market Intelligence, Comprehensive Analysis, Historical Data, and Forecasts 2025 - 2034 Adhesive And Sealants Market By Product Type (Adhesive and Sealant), By Application (Paper Board & Packaging, Building & Construction, Woodworking & Joinery, Transportation, Footwear & Leather, Medical and Others) and By Region - Global and Regional Industry Overview, Market Intelligence, Comprehensive Analysis, Historical Data, and Forecasts 2025 - 2034 Sustainable Construction Materials Market By Type (Bamboo, Reclaimed Wood, Green Insulation Materials, Structural Insulated Panels, Cross-laminated Timber, Recycled Metal, Precast Concentrate, Recycled Plastic-based Cement, and Others), By End-user (Residential, Commercial, and Industrial), and By Region - Global and Regional Industry Overview, Market Intelligence, Comprehensive Analysis, Historical Data, and Forecasts 2024 - 2032 Carbon Fiber Reinforced Polymer (CFRP) Market By Material (PAN-based and Pitch-based), By Product (Thermosetting CFRP and Thermoplastic CFRP), By Application (Automotive, Aerospace, Wind Turbines, Sport Equipment, Molding & Compounding, Construction, Pressure Vessels, and Other), and By Region - Global and Regional Industry Overview, Market Intelligence, Comprehensive Analysis, Historical Data, and Forecasts 2024 - 2032 About Zion Market Research: Zion Market Research is a leading market research organization offering industry expertise and scrupulous consulting services to clients for their business development. The reports and services offered by Zion Market Research are used by prestigious academic institutions, start-ups, and companies globally to measure and understand the changing international and regional business backgrounds. Our clients'/customers' conviction in our solutions and services has pushed us to always deliver the best. Our advanced research solutions have helped them in making appropriate decision-making and providing guidance for strategies to expand their business. Contact Us: Zion Market Research USA/Canada Toll Free: 1 (855) 465-4651 | Newark: 1 (302) 444-0166 UK: +44 2032 894158 India: +91 7768 006 007 | +91 7768 006 008 Email: sales@ | Web: Follow Us on - LinkedIn | X | Facebook | Pinterest | YouTubeSign in to access your portfolio
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Flexible Paper Packaging Market Size Will Attain USD 202.12 Billion by 2032 Registering a Promising CAGR of 6.18% - Exclusive Report by Zion Market Research
The global flexible paper packaging market size was valued at USD 125.10 billion in 2024 and is expected to surpass USD 202.12 billion by 2032, registering a CAGR of 6.18% during the forecast period (2025- 2032). NEW YORK, USA, Aug. 14, 2025 (GLOBE NEWSWIRE) -- Zion Market Research has published a new research report titled 'Flexible Paper Packaging Market By Product (Pouches, Bags, Films & Wraps, and Others), By Material (Plastic, Paper, Metal, Bioplastics, and Others), By Application (Food & Beverage, Pharmaceutical, Cosmetics, and Others), and By Region - Global and Regional Industry Overview, Market Intelligence, Comprehensive Analysis, Historical Data, and Forecasts 2025 - 2034' in its research database. 'According to the latest research study, the global flexible paper packaging market size was valued at around USD 125.10 billion in 2024. The market is expected to grow at a CAGR of 6.18% and is anticipated to reach a value of USD 202.12 billion by 2032.' Get a Free Sample PDF of this Research Report for more Insights - (A free sample of this report is available upon request; please get in touch with us for more information.) Flexible Paper Packaging Market Overview: Flexible paper packaging represents an eco-conscious approach to product protection, combining lightweight design with minimal environmental impact. As a versatile alternative to conventional plastics, it has gained widespread adoption across food, personal care, and household goods sectors due to its recyclability, biodegradability, and compatibility with advanced barrier coatings that enhance resistance to moisture, oxygen, and grease. Rising environmental awareness and consumer preference for eco-friendly solutions are accelerating the shift toward paper-based packaging. Its compostable, biodegradable, and recyclable properties position it as a viable replacement for single-use plastics. Lighter than rigid alternatives, flexible paper packaging reduces material usage and transportation costs a critical factor amid fluctuating raw material prices. Innovations in bio-based, water-based, and compostable barrier coatings have expanded paper packaging's functionality, enabling its use for perishable, frozen, and grease-prone products while maintaining sustainability. The global flexible paper packaging market is poised for significant growth, fueled by regulatory pressures, corporate sustainability goals, and advancements in material science. As industries seek greener alternatives without compromising performance, flexible paper packaging emerges as a key player in the circular economy, aligning with both environmental and economic priorities. Our Free Sample Report Consists of the Following: The 2025 updated report includes an introduction, an Overview, and an in-depth industry analysis. Provide detailed chapter-by-chapter guidance on the Request Updated Regional Analysis with Graphical Representation of Size, Share, and Trends for the Year 2025 Includes Tables and figures that have been updated The most recent version of the report includes the Top Market Players, their Business Strategies, Sales Volume, Revenue Analysis, SWOT Analysis, Historic and Forecast Growth, Porter's 5 Forces Analysis Zion Market Research Methodology Report Scope: Report Attribute Report Details Market Size in 2024 USD 125.10 Billion Market Forecast in 2032 USD 202.12 Billion Growth Rate CAGR of 6.18% Base Year 2024 Forecast Years 2025- 2032 Key Companies Covered Amcor plc, Mondi Group, DS Smith Plc, Smurfit Kappa Group, WestRock Company, Sealed Air Corporation, Sonoco Products Company, International Paper Company, Uflex Ltd., Constantia Flexibles, Coveris Holdings S.A., Novolex Holdings, Graphic Packaging International LLC, Winpak Ltd., Billerud AB, and others. Segments Covered By Product, By Material, By Application, and By Region Regions Covered North America, Europe, Asia Pacific, Latin America, and the Middle East & Africa Customization Scope Avail customized purchase options to meet your exact research Purchase a Copy of the Report | Quick Delivery Available - Key Insights from Primary Research As per the analysis, the flexible paper packaging market share is likely to grow at a CAGR of around 6.18% between 2025 and 2032. The flexible paper packaging market size was worth around $125.10 billion in 2024 and is estimated to hit approximately $202.12 billion by 2032. Due to a variety of driving factors, the market is predicted to rise at a significant rate. Based on product, the pouches segment is growing at a high rate and is projected to dominate the global market. On the basis of material, the paper segment is projected to swipe the largest market share. In terms of application, the food & beverage segment is likely to grow at a significant rate over the forecast period. On the basis of region, the Asia Pacific is expected to dominate the global market during the forecast period. Flexible Paper Packaging Market: Growth Drivers The flexible paper packaging market is experiencing significant growth, primarily driven by a global shift towards sustainability and heightened environmental awareness. Consumers and brands alike are increasingly moving away from plastic and other non-biodegradable materials in favor of eco-friendly, recyclable, and compostable alternatives. This trend is further reinforced by stringent government regulations and initiatives aimed at reducing plastic waste and promoting a circular economy. Another major driver is the booming e-commerce sector. As online shopping continues to expand, there is a growing need for lightweight, cost-effective, and durable packaging that can protect products during transit while minimizing shipping costs. Flexible paper packaging, with its versatility and high product-to-package ratio, is well-suited to meet these demands. Technological advancements are also playing a crucial role. Innovations in barrier coatings and materials science have improved the performance of paper-based packaging, making it a viable option for a wider range of products, including those that require protection from moisture and oxygen. Additionally, the integration of digital printing technologies allows for high-quality, customized, and brand-differentiating designs, enhancing the consumer experience and making flexible paper packaging an attractive choice for marketing and branding. Browse the full 'Flexible Paper Packaging Market By Product (Pouches, Bags, Films & Wraps, and Others), By Material (Plastic, Paper, Metal, Bioplastics, and Others), By Application (Food & Beverage, Pharmaceutical, Cosmetics, and Others), and By Region - Global and Regional Industry Overview, Market Intelligence, Comprehensive Analysis, Historical Data, and Forecasts 2025 - 2034' Report at Flexible Paper Packaging Market: Segmentation The global flexible paper packaging market is segmented based on product, material, application, and region. Based on product, the global flexible paper packaging industry is divided into pouches, bags, films & wraps, and others. The pouches segment dominates the market due to its exceptional versatility across multiple industries, such as personal care, food & beverages, and pet food. With the addition of barrier coatings, pouches offer superior product protection, making them an excellent choice for both semi-moist and dry goods. Their lightweight, compact, and resealable design enhances consumer convenience while also enabling manufacturers to cut transportation costs. Based on material, the global flexible paper packaging market is segmented into plastic, paper, metal, bioplastics, and others. The paper segment leads the market due to its strong alignment with the global shift toward sustainable and eco-friendly materials. Being biodegradable, recyclable, and compostable, it is a preferred choice for brands committed to reducing their environmental impact. Advances in print quality, durability, and barrier coatings have expanded its applications, making it suitable for protecting a wider variety of products, including dry foods, snacks, and e-commerce packaging. Based on application, the global market is segmented into food & beverage, pharmaceutical, cosmetics, and others. The food & beverage segment leads the market, driven by strong demand for lightweight, sustainable, and cost-effective packaging solutions for bakery products, snacks, ready-to-eat meals, and beverages. Flexible paper-based formats such as wraps, pouches, and bags not only provide excellent branding potential but also, when enhanced with barrier coatings, effectively extend shelf life and maintain product freshness. Rising consumption of packaged foods, spurred by shifting consumer habits and rapid urbanization, further solidifies the segment's dominance. Why does Asia Pacific outperform other regions in the global flexible paper packaging market? Asia Pacific is poised to maintain dominance in the flexible paper packaging market, fueled by robust manufacturing growth, rapid industrialization, rising food consumption, and the booming retail and e-commerce sectors. The region, particularly China, India, and Southeast Asian nation,s has seen accelerated industrial expansion, driving packaging demand across multiple industries. As a major production hub for food, beverages, and consumer goods, APAC continues to shape packaging trends. A growing middle-class population and shifting consumer preferences have spurred demand for packaged food and beverages. Countries like India and China are witnessing annual F&B sector growth exceeding 7%, further amplifying packaging needs. Flexible paper-based solutions such as pouches, bags, and wraps are increasingly replacing plastic to comply with stringent regulations and meet eco-conscious consumer expectations. APAC leads the world in e-commerce growth, with China, India, and Southeast Asia dominating global online sales. The region's e-commerce market is projected to reach $3.5 trillion by 2027, driving massive demand for sustainable, protective, and brandable packaging. Paper-based mailers and courier bags are gaining traction as plastic-free alternatives for last-mile deliveries. With these factors in play, the Asia Pacific is set to sustain its leadership in the flexible paper packaging industry, supported by innovation, regulatory shifts, and evolving consumer behavior. Request For Customization on This Report as Per Your Requirements - Flexible Paper Packaging Market: Competitive Landscape The report contains qualitative and quantitative research on the global flexible paper packaging market, as well as detailed insights and development strategies employed by the leading competitors. Some of the main players in the global flexible paper packaging market include; Amcor plc Mondi Group DS Smith Plc Smurfit Kappa Group WestRock Company Sealed Air Corporation Sonoco Products Company International Paper Company Uflex Ltd. Constantia Flexibles Coveris Holdings S.A. Novolex Holdings Graphic Packaging International LLC Winpak Ltd. Billerud AB The global flexible paper packaging market is segmented as follows: By Product Pouches Bags Films & Wraps Others By Material Plastic Paper Metal Bioplastics Others By Application Food & Beverage Pharmaceutical Cosmetics Others By Region North America The U.S. Canada Europe France The UK Spain Germany Italy Rest of Europe Asia Pacific China Japan India Southeast Asia Rest of Southeast Asia The Middle East & Africa GCC South Africa Rest of the Middle East & Africa Latin America Brazil Argentina Rest of Latin America Request Free Brochure of the Global Flexible Paper Packaging Market @ Key Questions Answered in This Report: What is flexible paper packaging? Which key factors will influence the flexible paper packaging market growth over 2025-2032? What will be the value of the flexible paper packaging market during 2025-2032? What will be the CAGR value of the flexible paper packaging market during 2025-2032? Which region will contribute notably towards the flexible paper packaging market value? Which are the major players leveraging the flexible paper packaging market growth? What can be expected from the global flexible paper packaging market report? Key Offerings: Full in-depth analysis of the parent market Important changes in market dynamics Segmentation details of the market Previous, ongoing, and projected market analysis in terms of volume and value Assessment of niche industry developments Market share analysis Key strategies of major players Emerging segments and regional markets Testimonials to companies in order to fortify their foothold in the market Browse Other Related Research Reports from Zion Market Research Medical Cannabis Packaging Market By Product (Concentrate Packaging and Flower Packaging), By Distribution Center (Medical Marijuana Dispensaries, and Online Medical Marijuana Sellers), and By Region - Global and Regional Industry Overview, Market Intelligence, Comprehensive Analysis, Historical Data, and Forecasts 2025 - 2034 Pharmaceutical Plastic Packaging Market By Material (Polypropylene (PP), Polyethylene (PE), Polyvinyl Chloride (PVC), Polyethylene Terephthalate (PET), Cyclo-Olefin Copolymer (COC), Polyamide (PA), and Others), By Product (Pre-Filler Inhalers, Plastic Bottles, Caps, & Closures, Blister Packs, Ampoules & Vials, Prefillable Syringes, Jars & Canisters, and Others), By Packaging Type (Rigid Packaging and Flexible Packaging), and By Region - Global and Regional Industry Overview, Market Intelligence, Comprehensive Analysis, Historical Data, and Forecasts 2025 - 2034 Carded Packaging Market By Product Type (Folding Cartons, Rigid Boxes, Sleeves, Trays, and Others), By Material Type (Plastic, Paper & Paperboard, Aluminum), By Technology (Thermoforming, Cold Forming), By Application (Consumer Goods, Pharmaceuticals, Electronics & Semiconductors, and Others), and By Region - Global and Regional Industry Overview, Market Intelligence, Comprehensive Analysis, Historical Data, and Forecasts 2025 - 2034 Quad-Flat-No-Lead Packaging Market By Type (Ceramic, Organic Substrate, Epoxy Molded Compound, and Silicon), By Application (Telecommunications, Consumer Electronics, Semiconductors, Automotive Electronics, and Others), and By Region - Global and Regional Industry Overview, Market Intelligence, Comprehensive Analysis, Historical Data, and Forecasts 2025 - 2034 Electrostatic Discharge (ESD) Packaging Market By Product Type (Clamshell, Trays, Bags, Foams, Tapes & Labels, Boxers & Containers, Racks, and Others), By Application (Equipment, Electrical & Electronic Component, Drugs, and Explosive Powders), By End-User Industry (Aerospace, Electrical & Electronics, Healthcare, Defense & Military, and Others), and By Region - Global and Regional Industry Overview, Market Intelligence, Comprehensive Analysis, Historical Data, and Forecasts 2025 - 2034 Smart Medication Packaging Market By Type (Intelligent Packaging, Active Packaging, and Modified Atmosphere Packaging), By Application (Long-term Care Facilities, Retail Pharmacies, Hospitals, and Others), and By Region - Global and Regional Industry Overview, Market Intelligence, Comprehensive Analysis, Historical Data, and Forecasts 2024 - 2032 About Zion Market Research: Zion Market Research is a leading market research organization offering industry expertise and scrupulous consulting services to clients for their business development. The reports and services offered by Zion Market Research are used by prestigious academic institutions, start-ups, and companies globally to measure and understand the changing international and regional business backgrounds. Our clients'/customers' conviction in our solutions and services has pushed us to always deliver the best. Our advanced research solutions have helped them in making appropriate decision-making and providing guidance for strategies to expand their business. Contact Us: Zion Market Research USA/Canada Toll Free: 1 (855) 465-4651 | Newark: 1 (302) 444-0166 UK: +44 2032 894158 India: +91 7768 006 007 | +91 7768 006 008 Email: sales@ | Web: Follow Us on - LinkedIn | X | Facebook | Pinterest | YouTube
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[Latest] Precipitated Calcium Carbonate Market Size Will Attain USD 3.13 Billion by 2034 Growing at 4.70% CAGR – Exclusive Report by Zion Market Research
By GlobeNewswire Published on August 12, 2025, 22:12 IST NEW YORK, USA, Aug. 12, 2025 (GLOBE NEWSWIRE) — Zion Market Research has published a new research report titled 'Precipitated Calcium Carbonate Market By Production Process (Carbonation Process, Hydrochloric Acid Method, Others), By Form (Powder, Slurry, Granule, and Others), By Grade (Industrial Grade, Pharmaceutical Grade, Food Grade, Cosmetic Grade), By Application (Paper, Plastics, Paints & Coatings, Personal Care, Food & Beverages, and Others), and By Region – Global and Regional Industry Overview, Market Intelligence, Comprehensive Analysis, Historical Data, and Forecasts 2025 – 2034' in its research database. 'According to the latest research study, the global precipitated calcium carbonate market size was valued at around USD 2.17 billion in 2024. The market is expected to grow at a CAGR of 4.70% and is anticipated to reach a value of USD 3.13 billion by 2034.' Get a Free Sample PDF of this Research Report for more Insights – (A free sample of this report is available upon request; please get in touch with us for more information.) Precipitated Calcium Carbonate Market Overview: Precipitated Calcium Carbonate (PCC) is a synthetic form of calcium carbonate produced through a chemical process that involves carbonating lime slurry with carbon dioxide. Unlike ground calcium carbonate (GCC), PCC offers higher purity, controlled particle size, and better brightness, making it ideal for specialized applications. It is widely used in industries such as paper, plastics, paints & coatings, adhesives & sealants, pharmaceuticals, and food & beverages. The global PCC market is driven by increasing demand from the paper industry, where it serves as a filler and coating agent to improve brightness and opacity. The plastics and rubber industries also contribute significantly, as PCC enhances mechanical properties and reduces costs. Additionally, the growing pharmaceutical and food sectors utilize PCC as an antacid, dietary supplement, and food additive. The market is evolving alongside major trends in sustainability. PCC production can make use of captured carbon dioxide, supporting circular economy goals. Right now, Asia-Pacific leads the way, fueled by rapid industrial growth in China and India. Meanwhile, North America and Europe are carving out niches for PCC in high-value areas like pharmaceuticals and specialty chemicals. Report Scope: Report Attribute Report Details Market Size in 2024 USD 2.17 Billion Market Forecast in 2034 USD 3.13 Billion Growth Rate CAGR of 4.70% Base Year 2024 Forecast Years 2025- 2034 Key Companies Covered Imerys, Omya AG, Minerals Technologies Inc., Mississippi Lime Company, GLC Minerals, Sibelco, Carmeuse, Nordkalk Corporation, Maruo Calcium Co., Ltd., Fimatec Ltd., Calchem, Cales de Llierca, Saicalnates, Gulshan Polyols Ltd., Chememan Co,. Ltd., and others. Segments Covered By Production Process, By Form, By Grade, By Application, and By Region Regions Covered North America, Europe, Asia Pacific, Latin America, and the Middle East & Africa Customization Scope Avail customized purchase options to meet your exact research needs. Directly Purchase a Copy of the Report | Quick Delivery Available – Key Insights from Primary Research As per the analysis, the precipitated calcium carbonate market share is likely to grow at a CAGR of around 4.70% between 2025 and 2034. between 2025 and 2034. The precipitated calcium carbonate market size was worth around $ 2.17 billion in 2024 and is estimated to hit approximately $ 3.13 billion by 2034 . Due to a variety of driving factors, the market is predicted to rise at a significant rate. and is estimated to hit approximately . Due to a variety of driving factors, the market is predicted to rise at a significant rate. Based on the production process, the carbonation process segment is growing at a high rate and is projected to dominate the global market. On the basis of form, the powder segment is projected to swipe the largest market share. In terms of grade, industrial grade is likely to grow at a significant rate over the forecast period. Based on the application, the paper segment is expected to lead the market compared to the plastics segment. On the basis of region, the Asia Pacific is expected to dominate the global market during the forecast period. Precipitated Calcium Carbonate Market: Growth Drivers The Precipitated Calcium Carbonate (PCC) market is experiencing significant growth, driven by several key factors. One of the primary growth drivers is the increasing demand from the paper industry, where PCC is widely used as a filler and coating material to improve brightness, opacity, and printability. The expansion of the plastics industry also fuels demand, as PCC enhances mechanical properties and reduces costs in PVC, polypropylene, and other polymers. Additionally, the construction sector contributes to market growth, with PCC being used in sealants, adhesives, and cement for improved durability and workability. Environmental regulations promoting sustainable and eco-friendly materials further boost PCC adoption, as it is a non-toxic and energy-efficient alternative to synthetic fillers. Moreover, technological advancements in production processes are enabling cost-effective, high-quality PCC, expanding its applications in pharmaceuticals, food, and rubber industries. These factors, combined with rising industrialization in emerging economies, are expected to propel the PCC market forward in the coming years. Browse the full 'Precipitated Calcium Carbonate Market By Production Process (Carbonation Process, Hydrochloric Acid Method, Others), By Form (Powder, Slurry, Granule, and Others), By Grade (Industrial Grade, Pharmaceutical Grade, Food Grade, Cosmetic Grade), By Application (Paper, Plastics, Paints & Coatings, Personal Care, Food & Beverages, and Others), and By Region – Global and Regional Industry Overview, Market Intelligence, Comprehensive Analysis, Historical Data, and Forecasts 2025 – 2034' Report at Precipitated Calcium Carbonate Market: Segmentation The global precipitated calcium carbonate market is segmented based on production process, form, grade, application, and region. Based on the production process, the global precipitated calcium carbonate industry is divided into the carbonation process, the hydrochloric acid method, and others. The carbonation process leads the market due to its scalability, cost-effectiveness, and ability to produce fine, high-purity PCC particles. Meanwhile, the hydrochloric acid method is gaining traction, particularly in industries that demand ultra-high purity, such as food and pharmaceuticals, where even stricter quality standards apply. Based on form, the global market is segmented into powder, slurry, granule, and others. The powder PCC segment dominates the market because it's easy to transport, store, and use across various industries. Meanwhile, slurry PCC holds a strong second place, favored for its smooth integration into wet processes and superior dispersion properties. Based on grade, the global precipitated calcium carbonate market is segmented into industrial grade, pharmaceutical grade, food grade, and cosmetic grade. Industrial grade PCC leads the market, due to its widespread use in large-scale industries like construction, paper production, plastics, paints, and rubber. On the other hand, pharmaceutical-grade PCC holds a significant share as well, driven by its essential role in medicines, antacids, and dental products. Based on application, the global market is segmented into paper, plastics, paints & coatings, personal care, food & beverages, and others. The paper industry is the top user of precipitated calcium carbonate, relying on it as a coating and filler to boost smoothness, brightness, and print quality. Meanwhile, plastics also claim a major share, as PCC acts as an affordable filler that strengthens materials, improves finish, and resists heat. Why does Asia Pacific outperform other regions in the global precipitated calcium carbonate market? The Asia Pacific region continues to lead the global precipitated calcium carbonate (PCC) market, thanks to booming paper and packaging industries, rapid industrialization, and easy access to cost-effective raw materials. As the world's paper production hub, with China alone producing over 110 million metric tons in 2024, the region relies heavily on PCC as a key filler and coating agent to enhance paper quality. Surging construction activity, particularly in India (where the sector is projected to reach $1.4 trillion by 2025), is fueling demand for PCC in paints, coatings, and building materials. Add rapid urbanization and infrastructure development to the mix, and the region's appetite for PCC shows no signs of slowing down. Abundant limestone reserves in countries like China, India, and Vietnam keep production costs low, giving local manufacturers an edge in both domestic and export markets. Request For Customization on This Report as Per Your Requirements – (We tailor your report to meet your specific requirements. Inquire with our sales team about customising your report.) Precipitated Calcium Carbonate Market: Competitive Landscape The report contains qualitative and quantitative research on the global precipitated calcium carbonate market, as well as detailed insights and development strategies employed by the leading competitors. Some of the main players in the global precipitated calcium carbonate market include; Imerys Omya AG Minerals Technologies Inc. Mississippi Lime Company GLC Minerals Sibelco Carmeuse Nordkalk Corporation Maruo Calcium Co., Ltd. Fimatec Ltd. Calchem Cales de Llierca Saicalnates Gulshan Polyols Ltd. Chememan Co. Ltd. The global precipitated calcium carbonate market is segmented as follows: By Production Process Carbonation Process Hydrochloric Acid Method Others By Form Powder Slurry Granule Others By Grade Industrial Grade Pharmaceutical Grade Food Grade Cosmetic Grade By Application Paper Plastics Paints & Coatings Personal Care Food & Beverages Others By Region North America Europe France The UK Spain Germany Italy Rest of Europe Asia Pacific China Japan India Southeast Asia Rest of Southeast Asia The Middle East & Africa GCC South Africa Rest of the Middle East & Africa Latin America Brazil Argentina Rest of Latin America Request Free Brochure of the Global Precipitated Calcium Carbonate Market @ Key Questions Answered in This Report: What is precipitated calcium carbonate? Which key factors will influence the precipitated calcium carbonate market growth over 2025-2034? What will be the value of the precipitated calcium carbonate market during 2025-2034? What will be the CAGR value of the precipitated calcium carbonate market during 2025-2034? Which region will contribute notably towards the precipitated calcium carbonate market value? Which are the major players leveraging the precipitated calcium carbonate market growth? What can be expected from the global precipitated calcium carbonate market report? Key Offerings: Full in-depth analysis of the parent market Important changes in market dynamics Segmentation details of the market Previous, ongoing, and projected market analysis in terms of volume and value Assessment of niche industry developments Market share analysis Key strategies of major players Emerging segments and regional markets Testimonials for companies to fortify their foothold in the market Browse Other Related Research Reports from Zion Market Research Polytetrafluoroethylene (PTFE) Coatings Market By Type (Water-Based PTFE Coatings, Solvent-Based PTFE Coatings, Powder-Based PTFE Coatings), By Application (Spray Coating, Dip Coating, Electrostatic Coating), By End-Use Industry (Automotive, Industrial, Cookware, Electronics), and By Region – Global and Regional Industry Overview, Market Intelligence, Comprehensive Analysis, Historical Data, and Forecasts 2025 – 2034 By Type (Water-Based PTFE Coatings, Solvent-Based PTFE Coatings, Powder-Based PTFE Coatings), By Application (Spray Coating, Dip Coating, Electrostatic Coating), By End-Use Industry (Automotive, Industrial, Cookware, Electronics), and By Region – Global and Regional Industry Overview, Market Intelligence, Comprehensive Analysis, Historical Data, and Forecasts 2025 – 2034 Aircraft Fuel Cell Market By Product Type (Proton Exchange Membrane Fuel Cells, Solid Oxide Fuel Cells, Alkaline Fuel Cells, and Direct Methanol Fuel Cells), By Application (Commercial Aviation, Military Aircraft, General Aviation, and Unmanned Aerial Vehicles), By Distribution Channel (Direct Sales, Authorized Dealers, OEM Partners, and Aftermarket Services), By End-User (Airlines, Defense Organizations, Private Aircraft Owners, and Aircraft Manufacturers), and By Region – Global and Regional Industry Overview, Market Intelligence, Comprehensive Analysis, Historical Data, and Forecasts 2025 – 2034 By Product Type (Proton Exchange Membrane Fuel Cells, Solid Oxide Fuel Cells, Alkaline Fuel Cells, and Direct Methanol Fuel Cells), By Application (Commercial Aviation, Military Aircraft, General Aviation, and Unmanned Aerial Vehicles), By Distribution Channel (Direct Sales, Authorized Dealers, OEM Partners, and Aftermarket Services), By End-User (Airlines, Defense Organizations, Private Aircraft Owners, and Aircraft Manufacturers), and By Region – Global and Regional Industry Overview, Market Intelligence, Comprehensive Analysis, Historical Data, and Forecasts 2025 – 2034 Carbon Thermoplastic Composites Market By Thermoplastic Resin (Polyetherimide [PEI], Polyether ether ketone [PEEK], Polyaryletherketone [PAEK], and Others), By Raw Material (PAN-based, Pitch-based), By Application (Automotive, Aerospace & Defense, Wind Turbines, Sports/Leisure, Construction, Marine, and Others), and By Region – Global and Regional Industry Overview, Market Intelligence, Comprehensive Analysis, Historical Data, and Forecasts 2025 – 2034 By Thermoplastic Resin (Polyetherimide [PEI], Polyether ether ketone [PEEK], Polyaryletherketone [PAEK], and Others), By Raw Material (PAN-based, Pitch-based), By Application (Automotive, Aerospace & Defense, Wind Turbines, Sports/Leisure, Construction, Marine, and Others), and By Region – Global and Regional Industry Overview, Market Intelligence, Comprehensive Analysis, Historical Data, and Forecasts 2025 – 2034 Cerium Foil Market By Form (Sheets, Rolls, Strips), By Application (Electronics, Optics, Catalysis, Battery Technology, Research and Development, and Others), By End-Use (Manufacturers, Research Institutions, Distributors, Government Agencies, Contractors), and By Region – Global and Regional Industry Overview, Market Intelligence, Comprehensive Analysis, Historical Data, and Forecasts 2025 – 2034 By Form (Sheets, Rolls, Strips), By Application (Electronics, Optics, Catalysis, Battery Technology, Research and Development, and Others), By End-Use (Manufacturers, Research Institutions, Distributors, Government Agencies, Contractors), and By Region – Global and Regional Industry Overview, Market Intelligence, Comprehensive Analysis, Historical Data, and Forecasts 2025 – 2034 Synthetic Polyisoprene Rubber Market By Product Grade (High Purity Grade, Standard Grade, and Specialty Grade), By Application (Medical Gloves, Tire Manufacturing, Adhesives and Sealants, and Others), By End-User Industry (Healthcare, Automotive, Construction, and Consumer Goods), By Manufacturing Process (Solution Polymerization, Emulsion Polymerization, and Others), and By Region – Global and Regional Industry Overview, Market Intelligence, Comprehensive Analysis, Historical Data, and Forecasts 2025 – 2034 By Product Grade (High Purity Grade, Standard Grade, and Specialty Grade), By Application (Medical Gloves, Tire Manufacturing, Adhesives and Sealants, and Others), By End-User Industry (Healthcare, Automotive, Construction, and Consumer Goods), By Manufacturing Process (Solution Polymerization, Emulsion Polymerization, and Others), and By Region – Global and Regional Industry Overview, Market Intelligence, Comprehensive Analysis, Historical Data, and Forecasts 2025 – 2034 Chemical Catalyst Market By Type (Homogeneous and Heterogeneous), By Material (Chemical Compounds, Zeolites, and Metal & Metal Oxides), By Form (Extrudate, Bead, Powder, and Others), By Application (Refining, Environmental Catalysis, Chemical Synthesis, Petrochemicals, Pharmaceuticals, and Others), and By Region – Global and Regional Industry Overview, Market Intelligence, Comprehensive Analysis, Historical Data, and Forecasts 2025 – 2034 About Zion Market Research: Zion Market Research is a leading market research organization offering industry expertise and scrupulous consulting services to clients for their business development. The reports and services offered by Zion Market Research are used by prestigious academic institutions, start-ups, and companies globally to measure and understand the changing international and regional business backgrounds. Our clients'/customers' conviction in our solutions and services has pushed us to always deliver the best. Our advanced research solutions have helped them in making appropriate decision-making and providing guidance for strategies to expand their business. Contact Us: Zion Market Research USA/Canada Toll Free: 1 (855) 465-4651 | Newark: 1 (302) 444-0166 UK: +44 2032 894158 India: +91 7768 006 007 | +91 7768 006 008 Email: [email protected] | Web: Follow Us on – LinkedIn | X | Facebook | Pinterest | YouTube Disclaimer: The above press release comes to you under an arrangement with GlobeNewswire. Business Upturn takes no editorial responsibility for the same. Ahmedabad Plane Crash GlobeNewswire provides press release distribution services globally, with substantial operations in North America and Europe.
Business Upturn
7 days ago
- Business
- Business Upturn
Global Vacuum Insulation Panel Market Size to Rise at +4.30% CAGR by 2034, Value to Cross US$ 12.05 Billion – Says Zion Market Research
By GlobeNewswire Published on August 12, 2025, 22:11 IST NEW YORK, USA, Aug. 12, 2025 (GLOBE NEWSWIRE) — Zion Market Research has published a new research report titled 'Vacuum Insulation Panel Market By Product (Flat, Special Shape), By Core Material (Silica, Fiberglass, and Others), By Raw Material (Plastics, Metals), By Application (Construction, Cooling & Freezing Devices, Logistics, and Others), and By Region – Global and Regional Industry Overview, Market Intelligence, Comprehensive Analysis, Historical Data, and Forecasts 2025 – 2034' in its research database. 'According to the latest research study, the global vacuum insulation panel market size was valued at around USD 8.60 billion in 2024. The market is expected to grow at a CAGR of 4.30% and is anticipated to reach a value of USD 12.05 billion by 2034.' Get a Free Sample PDF of this Research Report for more Insights – (A free sample of this report is available upon request; please get in touch with us for more information.) Vacuum Insulation Panel Market Overview: Vacuum Insulation Panels (VIPs) are high-performance thermal insulation materials consisting of a microporous core material (such as fumed silica, fiberglass, or polyurethane) enclosed in an airtight barrier film, with the air evacuated to create a near-vacuum environment. This structure provides 3-10 times better insulation than traditional materials like foam or fiberglass, making VIPs ideal for applications requiring superior thermal efficiency in minimal space. The Vacuum Insulation Panel (VIP) Market is witnessing steady growth, driven by the increasing demand for high-performance thermal insulation solutions across various industries. These panels are widely used in construction, appliances, cold chain logistics, and automotive sectors, where space-saving and energy efficiency are critical. Stricter energy efficiency regulations, particularly in Europe and North America, are propelling their adoption in green buildings and refrigeration systems. Meanwhile, the rise of electric vehicles (EVs) and the need for lightweight, high-performance insulation in aerospace applications further boost market demand. However, challenges such as high production costs, fragility during installation, and competition from conventional materials may hinder widespread adoption. Report Scope: Report Attribute Report Details Market Size in 2024 USD 8.60 Billion Market Forecast in 2034 USD 12.05 Billion Growth Rate CAGR of 4.30% Base Year 2024 Forecast Years 2025- 2034 Key Companies Covered Panasonic Corporation, LG Hausys, ThermoCor, Va-Q-tec AG, Etex Group, OCI Company Ltd., Porextherm Dämmstoffe GmbH, Microtherm (Promat), Kingspan Group, Knauf Insulation, Neo Thermal Insulation, The Dow Chemical Company, ThermoShield LLC, Hitachi Chemical Co., Ltd., Turna, and others. Segments Covered By Product, By Core Material, By Raw Material, By Application, and By Region Regions Covered North America, Europe, Asia Pacific, Latin America, and the Middle East & Africa Customization Scope Avail customized purchase options to meet your exact research needs. Directly Purchase a Copy of the Report | Quick Delivery Available – Key Insights from Primary Research As per the analysis, the vacuum insulation panel market share is likely to grow at a CAGR of around 4.30% between 2025 and 2034. between 2025 and 2034. The vacuum insulation panel market size was worth around $ 8.60 billion in 2024 and is estimated to hit approximately $ 12.05 billion by 2034 . Due to a variety of driving factors, the market is predicted to rise at a significant rate. and is estimated to hit approximately . Due to a variety of driving factors, the market is predicted to rise at a significant rate. Based on the product, the flat segment is growing at a high rate and is projected to dominate the global market. On the basis of core material, the silica segment is projected to swipe the largest market share. In terms of raw material, plastics are likely to grow at a significant rate over the forecast period. Based on application, the cooling & freezing devices segment is expected to lead the market compared to the construction segment. On the basis of region, the Asia Pacific is expected to dominate the global market during the forecast period. Vacuum Insulation Panel Market: Growth Drivers The Vacuum Insulation Panel (VIP) market is witnessing robust growth, driven by increasing demand for energy-efficient solutions across industries. A key factor is the stringent energy efficiency regulations in construction, where VIPs are widely used for their superior thermal insulation properties, reducing heating and cooling costs in buildings. The growth of the cold chain logistics sector, particularly in food and pharmaceuticals, further boosts demand, as VIPs help maintain stable temperatures with minimal thickness. Additionally, the rising adoption of electric vehicles (EVs) supports market expansion, as VIPs enhance battery thermal management and cabin insulation. Sustainability trends also play a crucial role, as VIPs offer a lightweight, space-saving alternative to traditional insulation materials, reducing carbon footprints. Technological advancements in core materials and barrier films are improving VIP performance and durability, broadening their applications in aerospace, appliances, and industrial insulation. With urbanization and infrastructure development accelerating in emerging economies, the VIP market is poised for sustained growth. Browse the full 'Vacuum Insulation Panel Market By Product (Flat, Special Shape), By Core Material (Silica, Fiberglass, and Others), By Raw Material (Plastics, Metals), By Application (Construction, Cooling & Freezing Devices, Logistics, and Others), and By Region – Global and Regional Industry Overview, Market Intelligence, Comprehensive Analysis, Historical Data, and Forecasts 2025 – 2034' Report at Vacuum Insulation Panel Market: Segmentation The global vacuum insulation panel market is segmented based on product, core material, raw material, application, and region. Based on the product, the global vacuum insulation panel industry is divided into flat and special shapes. The flat panels segment dominates the global market, driven by their universal application in refrigeration, appliances, and construction. Their standardized dimensions make them ideal for mass production and hassle-free installation across industries. Meanwhile, the special shape panels segment is gaining notable traction as demand grows for customized solutions. This niche but expanding market caters to specialized applications where off-the-shelf flat panels won't suffice. Based on core material, the global market is segmented into silica, fiberglass, and others. Silica vacuum insulation panels (VIPs) dominate the market, offering unbeatable thermal insulation, exceptionally low conductivity, and extended durability. These high-performance characteristics make them ideal for demanding applications in construction and premium appliances where energy efficiency is critical. Meanwhile, fiberglass VIPs maintain a significant market presence, valued for their affordability and structural resilience. While they may not match silica's insulation performance, their balance of cost and mechanical strength keeps them competitive for budget-conscious applications. Based on raw material, the global vacuum insulation panel market is segmented into plastics and metals. The plastics segment commands the largest market share, driven by their widespread adoption in protective layers and VIP barrier films. Their winning combination of flexibility, lightweight properties, and cost-effectiveness makes them the go-to choice for manufacturers across industries. While metals hold a smaller but still significant share, they remain indispensable for applications demanding maximum protection. Their exceptional moisture and gas barrier properties ensure they maintain a strong position in premium and specialized VIP applications where absolute protection is paramount. Based on application, the global market is segmented into construction, cooling & freezing devices, logistics, and others. The cooling and freezing segment dominates the market, fueled by surging demand for compact, energy-saving insulation solutions in both commercial refrigeration and household appliances. As efficiency standards tighten globally, manufacturers increasingly prioritize VIP solutions that maximize performance while minimizing space requirements. On the other hand, the construction segment claims a strong second position, with growth accelerating due to the rapid adoption of green building standards worldwide. Urban development projects demand high-performance thermal insulation. Why does Asia Pacific outperform other regions in the global vacuum insulation panel market? The Asia Pacific region is set to remain the leader in the global vacuum insulation panel (VIP) market, due to several key factors. The region is undergoing rapid urbanization and infrastructure expansion, particularly in countries like China, India, and Southeast Asia. This growth, especially in the construction sector, is a major driver. A report from Oxford Economics projects that the Asia Pacific will account for over half of all global construction activity by 2030, fueling the demand for efficient, space-saving insulation solutions like VIPs in both commercial and residential buildings. Beyond construction, the region's strong position in the production and consumption of refrigeration appliances is another key factor. China, for instance, manufactures more than 40% of the world's refrigerators, and a significant portion of these appliances use VIPs to improve energy efficiency. The rising incomes and growing middle class across the region are also boosting appliance ownership, which further accelerates market growth. Furthermore, the expansion of the cold chain logistics sector in Asia Pacific is creating a substantial demand for VIPs. The food and pharmaceutical industries are booming, and reliable cold chain solutions are essential for their growth. According to the IMARC Group, the region's cold chain logistics market is expected to reach USD 366 billion by 2027. VIPs are crucial for maintaining thermal stability during transportation, from long-distance hauls to last-mile delivery, making them an indispensable component of this burgeoning industry. Request For Customization on This Report as Per Your Requirements – (We tailor your report to meet your specific research requirements. Inquire with our sales team about customising your report.) Vacuum Insulation Panel Market: Competitive Landscape The report contains qualitative and quantitative research on the global vacuum insulation panel market, as well as detailed insights and development strategies employed by the leading competitors. Some of the main players in the global vacuum insulation panel market include; Panasonic Corporation LG Hausys ThermoCor Va-Q-tec AG Etex Group OCI Company Ltd. Porextherm Dämmstoffe GmbH Microtherm (Promat) Kingspan Group Knauf Insulation Neo Thermal Insulation The Dow Chemical Company ThermoShield LLC Hitachi Chemical Co. Ltd. Turna The global vacuum insulation panel market is segmented as follows: By Product By Core Material By Raw Material By Application Construction Cooling & Freezing Devices Logistics Others By Region North America Europe France The UK Spain Germany Italy Rest of Europe Asia Pacific China Japan India Southeast Asia Rest of Southeast Asia The Middle East & Africa GCC South Africa Rest of the Middle East & Africa Latin America Brazil Argentina Rest of Latin America Request Free Brochure of the Global vacuum insulation panel Market @ Key Questions Answered in This Report: What is vacuum insulation panel? Which key factors will influence vacuum insulation panel market growth over 2025-2034? What will be the value of the vacuum insulation panel market during 2025-2034? What will be the CAGR value of the vacuum insulation panel market during 2025-2034? Which region will contribute notably towards the vacuum insulation panel market value? Which are the major players leveraging the vacuum insulation panel market growth? What can be expected from the global vacuum insulation panel market report? Key Offerings: Full in-depth analysis of the parent market Important changes in market dynamics Segmentation details of the market Previous, ongoing, and projected market analysis in terms of volume and value Assessment of niche industry developments Market share analysis Key strategies of major players Emerging segments and regional markets Testimonials to companies in order to fortify their foothold in the market Browse Other Related Research Reports from Zion Market Research Green and Bio-Based Solvents Market By Type (D-Limonene, Methyl Soyate, Bio-Glycols, Bio-Diols, Bio-Alcohol, and Others), By Application (Cosmetics, Pharmaceuticals, Printing Kits, Industrial & Domestic Cleaners, Paints & Coatings, and Others), and By Region – Global and Regional Industry Overview, Market Intelligence, Comprehensive Analysis, Historical Data, and Forecasts 2025 – 2034 By Type (D-Limonene, Methyl Soyate, Bio-Glycols, Bio-Diols, Bio-Alcohol, and Others), By Application (Cosmetics, Pharmaceuticals, Printing Kits, Industrial & Domestic Cleaners, Paints & Coatings, and Others), and By Region – Global and Regional Industry Overview, Market Intelligence, Comprehensive Analysis, Historical Data, and Forecasts 2025 – 2034 Automotive Solar Control Glass Market By Product Type (Absorbing Solar Control Glass and Reflective Solar Control Glass), By Application (Passenger Vehicles, Commercial Vehicles, and Special Purpose Vehicles), By Vehicle Type (Economy, Mid-Segment, and Luxury), By Sales Channel (OEM and Aftermarket) and By Region – Global and Regional Industry Overview, Market Intelligence, Comprehensive Analysis, Historical Data, and Forecasts 2025 – 2034 By Product Type (Absorbing Solar Control Glass and Reflective Solar Control Glass), By Application (Passenger Vehicles, Commercial Vehicles, and Special Purpose Vehicles), By Vehicle Type (Economy, Mid-Segment, and Luxury), By Sales Channel (OEM and Aftermarket) and By Region – Global and Regional Industry Overview, Market Intelligence, Comprehensive Analysis, Historical Data, and Forecasts 2025 – 2034 Membrane Materials Recycling and Upcycling Market By Type (Ceramic, Metallic, and Polymeric), By Method (Physical Cleaning & Backwashing and Chemical Cleaning & Regeneration), By End-User (Food & Beverage, Biotechnology, Pharmaceutical, Chemical & Metal Processing, Water Treatment, and Others), and By Region – Global and Regional Industry Overview, Market Intelligence, Comprehensive Analysis, Historical Data, and Forecasts 2025 – 2034 By Type (Ceramic, Metallic, and Polymeric), By Method (Physical Cleaning & Backwashing and Chemical Cleaning & Regeneration), By End-User (Food & Beverage, Biotechnology, Pharmaceutical, Chemical & Metal Processing, Water Treatment, and Others), and By Region – Global and Regional Industry Overview, Market Intelligence, Comprehensive Analysis, Historical Data, and Forecasts 2025 – 2034 Epoxy Molding Compound Market By Type (Normal Epoxy Molding Compound, Green Epoxy Molding Compound, and High Thermal Conductivity Epoxy Molding Compound), By Application (Semiconductor Encapsulation, Electronic Components, and Automotive Components), By End-Use Industry (Electronics and Semiconductor, Automotive, Aerospace, Industrial, and Consumer Electronics) and By Region – Global and Regional Industry Overview, Market Intelligence, Comprehensive Analysis, Historical Data, and Forecasts 2025 – 2034 By Type (Normal Epoxy Molding Compound, Green Epoxy Molding Compound, and High Thermal Conductivity Epoxy Molding Compound), By Application (Semiconductor Encapsulation, Electronic Components, and Automotive Components), By End-Use Industry (Electronics and Semiconductor, Automotive, Aerospace, Industrial, and Consumer Electronics) and By Region – Global and Regional Industry Overview, Market Intelligence, Comprehensive Analysis, Historical Data, and Forecasts 2025 – 2034 Chemical Distribution Market By Product (Commodity Chemicals and Specialty Chemicals), By End-User Industry (Construction, Electronics, Automotive, Textiles, Pharmaceuticals, Petroleum, and Others), and By Region – Global and Regional Industry Overview, Market Intelligence, Comprehensive Analysis, Historical Data, and Forecasts 2025 – 2034 By Product (Commodity Chemicals and Specialty Chemicals), By End-User Industry (Construction, Electronics, Automotive, Textiles, Pharmaceuticals, Petroleum, and Others), and By Region – Global and Regional Industry Overview, Market Intelligence, Comprehensive Analysis, Historical Data, and Forecasts 2025 – 2034 Cypermethrin Insecticide Market By Product Form (Liquid Concentrates, Granules, Powders, and Wettable Powders), By Application (Agriculture, Public Health, Animal Health, and Household), By Crop Type (Cereals and Grains, Fruits and Vegetables, Oilseeds and Pulses, and Others), By Mode of Action (Contact and Systemic) and By Region – Global and Regional Industry Overview, Market Intelligence, Comprehensive Analysis, Historical Data, and Forecasts 2025 – 2034 About Zion Market Research: Zion Market Research is a leading market research organization offering industry expertise and scrupulous consulting services to clients for their business development. The reports and services offered by Zion Market Research are used by prestigious academic institutions, start-ups, and companies globally to measure and understand the changing international and regional business backgrounds. Our clients'/customers' conviction in our solutions and services has pushed us to always deliver the best. Our advanced research solutions have helped them in making appropriate decision-making and providing guidance for strategies to expand their business. Contact Us: Zion Market Research USA/Canada Toll Free: 1 (855) 465-4651 | Newark: 1 (302) 444-0166 UK: +44 2032 894158 India: +91 7768 006 007 | +91 7768 006 008 Email: [email protected] | Web: Follow Us on – LinkedIn | X | Facebook | Pinterest | YouTube Disclaimer: The above press release comes to you under an arrangement with GlobeNewswire. Business Upturn takes no editorial responsibility for the same. Ahmedabad Plane Crash GlobeNewswire provides press release distribution services globally, with substantial operations in North America and Europe.
Yahoo
7 days ago
- Business
- Yahoo
Global Vacuum Insulation Panel Market Size to Rise at +4.30% CAGR by 2034, Value to Cross US$ 12.05 Billion - Says Zion Market Research
The global vacuum insulation panel market size is projected to reach USD 12.05 billion by 2034 from its value of USD 8.60 billion in 2024, at a CAGR of 4.30% during the forecast period. NEW YORK, USA, Aug. 12, 2025 (GLOBE NEWSWIRE) -- Zion Market Research has published a new research report titled 'Vacuum Insulation Panel Market By Product (Flat, Special Shape), By Core Material (Silica, Fiberglass, and Others), By Raw Material (Plastics, Metals), By Application (Construction, Cooling & Freezing Devices, Logistics, and Others), and By Region - Global and Regional Industry Overview, Market Intelligence, Comprehensive Analysis, Historical Data, and Forecasts 2025 - 2034' in its research database. 'According to the latest research study, the global vacuum insulation panel market size was valued at around USD 8.60 billion in 2024. The market is expected to grow at a CAGR of 4.30% and is anticipated to reach a value of USD 12.05 billion by 2034.' Get a Free Sample PDF of this Research Report for more Insights - (A free sample of this report is available upon request; please get in touch with us for more information.) Vacuum Insulation Panel Market Overview: Vacuum Insulation Panels (VIPs) are high-performance thermal insulation materials consisting of a microporous core material (such as fumed silica, fiberglass, or polyurethane) enclosed in an airtight barrier film, with the air evacuated to create a near-vacuum environment. This structure provides 3-10 times better insulation than traditional materials like foam or fiberglass, making VIPs ideal for applications requiring superior thermal efficiency in minimal space. The Vacuum Insulation Panel (VIP) Market is witnessing steady growth, driven by the increasing demand for high-performance thermal insulation solutions across various industries. These panels are widely used in construction, appliances, cold chain logistics, and automotive sectors, where space-saving and energy efficiency are critical. Stricter energy efficiency regulations, particularly in Europe and North America, are propelling their adoption in green buildings and refrigeration systems. Meanwhile, the rise of electric vehicles (EVs) and the need for lightweight, high-performance insulation in aerospace applications further boost market demand. However, challenges such as high production costs, fragility during installation, and competition from conventional materials may hinder widespread adoption. Report Scope: Report Attribute Report Details Market Size in 2024 USD 8.60 Billion Market Forecast in 2034 USD 12.05 Billion Growth Rate CAGR of 4.30% Base Year 2024 Forecast Years 2025- 2034 Key Companies Covered Panasonic Corporation, LG Hausys, ThermoCor, Va-Q-tec AG, Etex Group, OCI Company Ltd., Porextherm Dämmstoffe GmbH, Microtherm (Promat), Kingspan Group, Knauf Insulation, Neo Thermal Insulation, The Dow Chemical Company, ThermoShield LLC, Hitachi Chemical Co., Ltd., Turna, and others. Segments Covered By Product, By Core Material, By Raw Material, By Application, and By Region Regions Covered North America, Europe, Asia Pacific, Latin America, and the Middle East & Africa Customization Scope Avail customized purchase options to meet your exact research Purchase a Copy of the Report | Quick Delivery Available - Key Insights from Primary Research As per the analysis, the vacuum insulation panel market share is likely to grow at a CAGR of around 4.30% between 2025 and 2034. The vacuum insulation panel market size was worth around $ 8.60 billion in 2024 and is estimated to hit approximately $ 12.05 billion by 2034. Due to a variety of driving factors, the market is predicted to rise at a significant rate. Based on the product, the flat segment is growing at a high rate and is projected to dominate the global market. On the basis of core material, the silica segment is projected to swipe the largest market share. In terms of raw material, plastics are likely to grow at a significant rate over the forecast period. Based on application, the cooling & freezing devices segment is expected to lead the market compared to the construction segment. On the basis of region, the Asia Pacific is expected to dominate the global market during the forecast period. Vacuum Insulation Panel Market: Growth Drivers The Vacuum Insulation Panel (VIP) market is witnessing robust growth, driven by increasing demand for energy-efficient solutions across industries. A key factor is the stringent energy efficiency regulations in construction, where VIPs are widely used for their superior thermal insulation properties, reducing heating and cooling costs in buildings. The growth of the cold chain logistics sector, particularly in food and pharmaceuticals, further boosts demand, as VIPs help maintain stable temperatures with minimal thickness. Additionally, the rising adoption of electric vehicles (EVs) supports market expansion, as VIPs enhance battery thermal management and cabin insulation. Sustainability trends also play a crucial role, as VIPs offer a lightweight, space-saving alternative to traditional insulation materials, reducing carbon footprints. Technological advancements in core materials and barrier films are improving VIP performance and durability, broadening their applications in aerospace, appliances, and industrial insulation. With urbanization and infrastructure development accelerating in emerging economies, the VIP market is poised for sustained growth. Browse the full 'Vacuum Insulation Panel Market By Product (Flat, Special Shape), By Core Material (Silica, Fiberglass, and Others), By Raw Material (Plastics, Metals), By Application (Construction, Cooling & Freezing Devices, Logistics, and Others), and By Region - Global and Regional Industry Overview, Market Intelligence, Comprehensive Analysis, Historical Data, and Forecasts 2025 - 2034' Report at Vacuum Insulation Panel Market: Segmentation The global vacuum insulation panel market is segmented based on product, core material, raw material, application, and region. Based on the product, the global vacuum insulation panel industry is divided into flat and special shapes. The flat panels segment dominates the global market, driven by their universal application in refrigeration, appliances, and construction. Their standardized dimensions make them ideal for mass production and hassle-free installation across industries. Meanwhile, the special shape panels segment is gaining notable traction as demand grows for customized solutions. This niche but expanding market caters to specialized applications where off-the-shelf flat panels won't suffice. Based on core material, the global market is segmented into silica, fiberglass, and others. Silica vacuum insulation panels (VIPs) dominate the market, offering unbeatable thermal insulation, exceptionally low conductivity, and extended durability. These high-performance characteristics make them ideal for demanding applications in construction and premium appliances where energy efficiency is critical. Meanwhile, fiberglass VIPs maintain a significant market presence, valued for their affordability and structural resilience. While they may not match silica's insulation performance, their balance of cost and mechanical strength keeps them competitive for budget-conscious applications. Based on raw material, the global vacuum insulation panel market is segmented into plastics and metals. The plastics segment commands the largest market share, driven by their widespread adoption in protective layers and VIP barrier films. Their winning combination of flexibility, lightweight properties, and cost-effectiveness makes them the go-to choice for manufacturers across industries. While metals hold a smaller but still significant share, they remain indispensable for applications demanding maximum protection. Their exceptional moisture and gas barrier properties ensure they maintain a strong position in premium and specialized VIP applications where absolute protection is paramount. Based on application, the global market is segmented into construction, cooling & freezing devices, logistics, and others. The cooling and freezing segment dominates the market, fueled by surging demand for compact, energy-saving insulation solutions in both commercial refrigeration and household appliances. As efficiency standards tighten globally, manufacturers increasingly prioritize VIP solutions that maximize performance while minimizing space requirements. On the other hand, the construction segment claims a strong second position, with growth accelerating due to the rapid adoption of green building standards worldwide. Urban development projects demand high-performance thermal insulation. Why does Asia Pacific outperform other regions in the global vacuum insulation panel market? The Asia Pacific region is set to remain the leader in the global vacuum insulation panel (VIP) market, due to several key factors. The region is undergoing rapid urbanization and infrastructure expansion, particularly in countries like China, India, and Southeast Asia. This growth, especially in the construction sector, is a major driver. A report from Oxford Economics projects that the Asia Pacific will account for over half of all global construction activity by 2030, fueling the demand for efficient, space-saving insulation solutions like VIPs in both commercial and residential buildings. Beyond construction, the region's strong position in the production and consumption of refrigeration appliances is another key factor. China, for instance, manufactures more than 40% of the world's refrigerators, and a significant portion of these appliances use VIPs to improve energy efficiency. The rising incomes and growing middle class across the region are also boosting appliance ownership, which further accelerates market growth. Furthermore, the expansion of the cold chain logistics sector in Asia Pacific is creating a substantial demand for VIPs. The food and pharmaceutical industries are booming, and reliable cold chain solutions are essential for their growth. According to the IMARC Group, the region's cold chain logistics market is expected to reach USD 366 billion by 2027. VIPs are crucial for maintaining thermal stability during transportation, from long-distance hauls to last-mile delivery, making them an indispensable component of this burgeoning industry. Request For Customization on This Report as Per Your Requirements - (We tailor your report to meet your specific research requirements. Inquire with our sales team about customising your report.) Vacuum Insulation Panel Market: Competitive Landscape The report contains qualitative and quantitative research on the global vacuum insulation panel market, as well as detailed insights and development strategies employed by the leading competitors. Some of the main players in the global vacuum insulation panel market include; Panasonic Corporation LG Hausys ThermoCor Va-Q-tec AG Etex Group OCI Company Ltd. Porextherm Dämmstoffe GmbH Microtherm (Promat) Kingspan Group Knauf Insulation Neo Thermal Insulation The Dow Chemical Company ThermoShield LLC Hitachi Chemical Co. Ltd. Turna The global vacuum insulation panel market is segmented as follows: By Product Flat Special Shape By Core Material Silica Fiberglass Others By Raw Material Plastics Metals By Application Construction Cooling & Freezing Devices Logistics Others By Region North America The U.S. Canada Europe France The UK Spain Germany Italy Rest of Europe Asia Pacific China Japan India Southeast Asia Rest of Southeast Asia The Middle East & Africa GCC South Africa Rest of the Middle East & Africa Latin America Brazil Argentina Rest of Latin America Request Free Brochure of the Global vacuum insulation panel Market @ Key Questions Answered in This Report: What is vacuum insulation panel? Which key factors will influence vacuum insulation panel market growth over 2025-2034? What will be the value of the vacuum insulation panel market during 2025-2034? What will be the CAGR value of the vacuum insulation panel market during 2025-2034? Which region will contribute notably towards the vacuum insulation panel market value? Which are the major players leveraging the vacuum insulation panel market growth? What can be expected from the global vacuum insulation panel market report? 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