Global Heat Shrinkable Tube Market Size, Manufacturers, Growth Analysis Industry Forecast to 2030

Global Heat Shrinkable Tube Market Size, Manufacturers, Growth Analysis Industry Forecast to 2030

Summary

Heat shrinkable tube is a shrinkable plastic tube used to insulate wires, providing abrasion resistance and environmental protection for stranded and solid wire conductors, connections, joints and terminals in electrical work. It can also be used to repair the insulation on wires or to bundle them together, to protect wires or small parts from minor abrasion, and to create cable entry seals, offering environmental sealing protection. Heat shrink tubing is ordinarily made of nylon or polyolefin, which shrinks radially (but not longitudinally) when heated, to between one-half and one-sixth of its diameter.
Heat shrink tubing can be made of any one of a range of thermoplastics, including polyolefin, polyvinyl chloride (PVC), Viton® (for high-temp and corrosive environments), Neoprene®, polytetrafluoroethylene (PTFE), fluorinated ethylene propylene (FEP) and Kynar®. In addition to these polymers, some types of special-application heat shrink can also include an adhesive lining that helps to bond the tubing to underlying cables and connectors, forming strong seals that can often be waterproof. Another material that is sometimes added to heat shrink tubing is conductive polymer thick film, which provides an electrical connection between the two or more conductive objects that are being joined by the tubing – without the need to solder them first.

According to APO Research, The global Heat Shrinkable Tube market is projected to grow from US$ million in 2024 to US$ million by 2030, at a Compound Annual Growth Rate (CAGR) of % during the forecast period.

North American market for Heat Shrinkable Tube is estimated to increase from $ million in 2024 to reach $ million by 2030, at a CAGR of % during the forecast period of 2025 through 2030.

Asia-Pacific market for Heat Shrinkable Tube is estimated to increase from $ million in 2024 to reach $ million by 2030, at a CAGR of % during the forecast period of 2025 through 2030.

The China market for Heat Shrinkable Tube is estimated to increase from $ million in 2024 to reach $ million by 2030, at a CAGR of % during the forecast period of 2025 through 2030.

Europe market for Heat Shrinkable Tube is estimated to increase from $ million in 2024 to reach $ million by 2030, at a CAGR of % during the forecast period of 2025 through 2030.

The major global manufacturers of Heat Shrinkable Tube include TE Connectivity, Sumitomo Electric, DSG-Canus, 3M, Changyuan Group, HellermannTyton, CIAC, Qualtek and Alpha Wire, etc. In 2023, the world's top three vendors accounted for approximately % of the revenue.

This report presents an overview of global market for Heat Shrinkable Tube, sales, revenue and price. Analyses of the global market trends, with historic market revenue or sales data for 2019 - 2023, estimates for 2024, and projections of CAGR through 2030.

This report researches the key producers of Heat Shrinkable Tube, also provides the sales of main regions and countries. Of the upcoming market potential for Heat Shrinkable Tube, and key regions or countries of focus to forecast this market into various segments and sub-segments. Country specific data and market value analysis for the U.S., Canada, Mexico, Brazil, China, Japan, South Korea, Southeast Asia, India, Germany, the U.K., Italy, Middle East, Africa, and Other Countries.

This report focuses on the Heat Shrinkable Tube sales, revenue, market share and industry ranking of main manufacturers, data from 2019 to 2024. Identification of the major stakeholders in the global Heat Shrinkable Tube market, and analysis of their competitive landscape and market positioning based on recent developments and segmental revenues. This report will help stakeholders to understand the competitive landscape and gain more insights and position their businesses and market strategies in a better way.

This report analyzes the segments data by Type and by Application, sales, revenue, and price, from 2019 to 2030. Evaluation and forecast the market size for Heat Shrinkable Tube sales, projected growth trends, production technology, application and end-user industry.

Heat Shrinkable Tube segment by Company

TE Connectivity
Sumitomo Electric
DSG-Canus
3M
Changyuan Group
HellermannTyton
CIAC
Qualtek
Alpha Wire
Insultab
Dasheng Group
LG
Panduit
Molex
Woer
Thermosleeve USA
Shrinkflex
Salipt
Yun Lin Electronic
Zeus
Huaxiong Plastic
Heat Shrinkable Tube segment by Type

Polyolefin Heat Shrinkable Tube
Fluoropolymer Heat Shrinkable Tube
Chlorinated Polyolefin Heat Shrinkable Tube
Others
Heat Shrinkable Tube segment by Application

Wire and Cable
Automotive
Appliances
Electronic Equipment
Others
Heat Shrinkable Tube segment by Region

North America
U.S.
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
India
Australia
China Taiwan
Indonesia
Thailand
Malaysia
Latin America
Mexico
Brazil
Argentina
Middle East & Africa
Turkey
Saudi Arabia
UAE

Study Objectives

1. To analyze and research the global Heat Shrinkable Tube status and future forecast, involving, sales, revenue, growth rate (CAGR), market share, historical and forecast.
2. To present the key manufacturers, sales, revenue, market share, and Recent Developments.
3. To split the breakdown data by regions, type, manufacturers, and Application.
4. To analyze the global and key regions Heat Shrinkable Tube market potential and advantage, opportunity and challenge, restraints, and risks.
5. To identify Heat Shrinkable Tube significant trends, drivers, influence factors in global and regions.
6. To analyze Heat Shrinkable Tube competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.

Reasons to Buy This Report

1. This report will help the readers to understand the competition within the industries and strategies for the competitive environment to enhance the potential profit. The report also focuses on the competitive landscape of the global Heat Shrinkable Tube market, and introduces in detail the market share, industry ranking, competitor ecosystem, market performance, new product development, operation situation, expansion, and acquisition. etc. of the main players, which helps the readers to identify the main competitors and deeply understand the competition pattern of the market.
2. This report will help stakeholders to understand the global industry status and trends of Heat Shrinkable Tube and provides them with information on key market drivers, restraints, challenges, and opportunities.
3. This report will help stakeholders to understand competitors better and gain more insights to strengthen their position in their businesses. The competitive landscape section includes the market share and rank (in sales and value), competitor ecosystem, new product development, expansion, and acquisition.
4. This report stays updated with novel technology integration, features, and the latest developments in the market.
5. This report helps stakeholders to gain insights into which regions to target globally.
6. This report helps stakeholders to gain insights into the end-user perception concerning the adoption of Heat Shrinkable Tube.
7. This report helps stakeholders to identify some of the key players in the market and understand their valuable contribution.

Chapter Outline

Chapter 1: Provides an overview of the Heat Shrinkable Tube market, including product definition, global market growth prospects, sales value, sales volume, and average price forecasts (2019-2030).
Chapter 2: Analysis key trends, drivers, challenges, and opportunities within the global Heat Shrinkable Tube industry.
Chapter 3: Detailed analysis of Heat Shrinkable Tube manufacturers competitive landscape, price, sales and revenue market share, latest development plan, merger, and acquisition information, etc.
Chapter 4: Provides the analysis of various market segments by type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 5: Provides the analysis of various market segments by application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 6: Sales and value of Heat Shrinkable Tube in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the market development, future development prospects, market space, and market size of each country in the world.
Chapter 7: Sales and value of Heat Shrinkable Tube in country level. It provides sigmate data by type, and by application for each country/region.
Chapter 8: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 9: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 10: Concluding Insights.