Vacuum Insulation Panels (VIPs) are a type of insulation material used to provide superior thermal insulation. They are composed of a combination of materials, including a thin, lightweight outer shell, a core of high-performance insulation material, and a vacuum-sealed chamber in between. The vacuum-sealed chamber ensures that there is minimal air movement inside the panel, which helps to maintain the insulation value of the panel. VIPs are commonly used in buildings, refrigerators, and other applications where excellent thermal insulation is required.