Global Polyester Heat Shrinkable Sleeve Market Growth 2024-2030

Global Polyester Heat Shrinkable Sleeve Market Growth 2024-2030

Polyester Heat Shrinkable Sleeve is a premium high dielectric insulating material that provides a tight, smooth protective layer. Non-toxic and environmentally friendly, it will not cause harm to the human body and the environment.

The global Polyester Heat Shrinkable Sleeve market size is projected to grow from US$ 1907.6 million in 2023 to US$ 3053.2 million in 2030; it is expected to grow at a CAGR of 7.0% from 2024 to 2030.

LP Information, Inc. (LPI) ' newest research report, the “Polyester Heat Shrinkable Sleeve Industry Forecast” looks at past sales and reviews total world Polyester Heat Shrinkable Sleeve sales in 2023, providing a comprehensive analysis by region and market sector of projected Polyester Heat Shrinkable Sleeve sales for 2024 through 2030. With Polyester Heat Shrinkable Sleeve sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Polyester Heat Shrinkable Sleeve industry.

This Insight Report provides a comprehensive analysis of the global Polyester Heat Shrinkable Sleeve landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Polyester Heat Shrinkable Sleeve portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Polyester Heat Shrinkable Sleeve market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Polyester Heat Shrinkable Sleeve and breaks down the forecast by Type, by Application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Polyester Heat Shrinkable Sleeve.

The global market for heat shrinkable tubing is driven by a wide range of applications across various industrial verticals. Heat shrink tubing is used in a variety of applications, from sterilization protection and packaging to food packaging to laminating wire insulation. It is also used in several applications in the aerospace industry. Heat shrink tubing can be found in almost every space on the aircraft and can be associated with the EWIS components of the aircraft. Heat shrink tubing protects the wire repair from liquids and provides additional protection against abrasion. Demand for EVs will grow faster from 2021 due to increased investment in manufacturing plants, increased demand for low-emission vehicles, and increasing supportive regulations for zero-emission vehicles through subsidies and tax rebates. According to the Global Electric Vehicle Outlook, sales of electric vehicles (including pure electric vehicles and plug-in hybrid vehicles) accelerated to a new record of 6.6 million in 2021. The same report showed that electric vehicle sales in China will surge to 3.3 million in 2021, accounting for about half of the global total. EV sales in Europe also rose strongly by 65%, or 2.3 million, with sales in the US doubling to 630,000 in 2021. Rising demand for corded appliances along with the growing trend of electric vehicles is driving the heat shrink tubing market.

This report presents a comprehensive overview, market shares, and growth opportunities of Polyester Heat Shrinkable Sleeve market by product type, application, key manufacturers and key regions and countries.

Segmentation by type
Thin-Wall Type
Normal Type
Others

Segmentation by application
Wire & Cable
Electronic Equipment
Automotive
Medical
Others

This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
TE Connectivity
Alpha Wire
Hellermann Tyton
Molex
Panduit
Qualtek
3M
Dicore
SUMITOMO
Gardner Bender
IDEAL
DSG-Canusa
Raychem
The Hillman Group
Brother
Insultab
Vinylguard
Thomas&Betts
Burndy
Nordson

Key Questions Addressed in this Report

What is the 10-year outlook for the global Polyester Heat Shrinkable Sleeve market?

What factors are driving Polyester Heat Shrinkable Sleeve market growth, globally and by region?

Which technologies are poised for the fastest growth by market and region?

How do Polyester Heat Shrinkable Sleeve market opportunities vary by end market size?

How does Polyester Heat Shrinkable Sleeve break out type, application?

Please note: The report will take approximately 2 business days to prepare and deliver.