Global heat shrink tubing market is projected to register with a CAGR of 6.1% from 2023 to 2030. The new market report contains data for the historic year 2021, the base year of calculation is 2022, and the forecast period from 2023 to 2030.
Market Segmentation:
Global Heat Shrink Tubing Market, By Type (Single Wall and Dual Wall), Product Type (Spools, Pre-Cut Length, and Others), Voltage (Low, Medium, and High), Shrink Ratio (2:01, 3:01, 4:01, 6:01, and Others), Material (Polyolefin, Perfluoroalkoxy Alkanes (PFA), Polytetrafluoroethylene (PTFE), Fluorinated Ethylene Propylene (FEP), Ethylene Tetrafluoroethylene (ETFE), Polyetheretherketone (PEEK), and Others), End-User (Utilities, IT & Telecommunication, Automotive, Electronics, Aerospace, Healthcare, Oil & Gas, Marine, Food & Beverages, Construction, Chemical, and Others), Region (North America, Europe, Asia-Pacific, Middle East & Africa, and South America), Industry Trends and Forecast to 2030.
Overview of Global Heat Shrink Tubing Market Dynamics:
- Driver
- Rising usage of the product with advanced infrastructure and technology is raising the growth
- Restraint
- Production challenges in least developed countries
- Opportunity
- Wide adoption of heat shrink tube in various industry
- Market Players
Some of the major players operating in the global heat shrink tubing market are:
- TE Connectivity
- Sumitomo Electric Industries, Ltd.
- Molex
- ABB
- Prysmian Group
- Shenzhen Woer Heat - Shrinkable Material Co., Ltd.
- HellermannTyton
- Zeus Company Inc.
- SHAWCOR
- 3M
- Alpha Wire
- Techflex, Inc.
- Panduit
- Qualtek Electronics Corp.
- Changyuan Electronics (Dongguan) Co., Ltd.
- GREMCO GmbH
TABLE OF CONTENTS
1 INTRODUCTION 28
- 1.1 OBJECTIVES OF THE STUDY 28
- 1.2 MARKET DEFINITION 28
- 1.3 OVERVIEW OF THE GLOBAL HEAT SHRINK TUBING MARKET 28
- 1.4 CURRENCY AND PRICING 30
- 1.5 LIMITATIONS 30
- 1.6 MARKETS COVERED 30
2 MARKET SEGMENTATION 34
- 2.1 MARKETS COVERED 34
- 2.2 GEOGRAPHICAL SCOPE 35
- 2.3 YEARS CONSIDERED FOR THE STUDY 36
- 2.4 DBMR TRIPOD DATA VALIDATION MODEL 37
- 2.5 PRIMARY INTERVIEWS WITH KEY OPINION LEADERS 40
- 2.6 DBMR MARKET POSITION GRID 41
- 2.7 VENDOR SHARE ANALYSIS 43
- 2.8 MULTIVARIATE MODELING 44
- 2.9 TYPE TIMELINE CURVE 45
- 2.10 MARKET END-USER COVERAGE GRID 46
- 2.11 SECONDARY SOURCES 47
- 2.12 ASSUMPTIONS 47
3 EXECUTIVE SUMMARY 48
4 PREMIUM INSIGHTS 51
5 MARKET OVERVIEW 54
- 5.1 DRIVERS 56
- 5.1.1 ROLE OF THE GOVERNMENT IN SUPPORTING AND EXPANSION OF TRANSMISSION & DISTRIBUTION SYSTEMS IN THE HEAT SHRINK TUBING MARKET ACROSS THE REGION 56
- 5.1.2 INCREASE IN THE CAPACITY FOR POWER GENERATION ACROSS THE GLOBE 57
- 5.1.3 RISING USAGE OF PRODUCTS WITH ADVANCED INFRASTRUCTURE AND TECHNOLOGY 59
- 5.1.4 INCREASING PENETRATION OF ELECTRIC VEHICLES 60
- 5.2 RESTRAINTS 62
- 5.2.1 GOVERNMENT REGULATION ON THE EMISSION OF TOXIC GASES 62
- 5.2.2 PRODUCTION CHALLENGES IN THE LEAST DEVELOPED COUNTRIES 63
- 5.2.3 INVOLVEMENT OF PLASTIC HAS A DIRECT IMPACT ON THE COST AS WELL AS THE ENVIRONMENT 64
- 5.3 OPPORTUNITIES 65
- 5.3.1 WIDE ADOPTION OF HEAT SHRINK TUBES IN VARIOUS INDUSTRIES 65
- 5.3.2 EASY PRODUCTION OF THE HEAT-SHRINKABLE TUBING 66
- 5.3.3 AUTOMATING A HEAT SHRINK TUBING PROCESS 67
- 5.4 CHALLENGES 68
- 5.4.1 RISING PRICES OF RAW MATERIALS FOR TUBING 68
- 5.4.2 POOR INSTALLATION OF HEAT-SHRINK TUBES 70
- 5.4.3 AVAILABILITY OF ALTERNATIVE AND INEXPENSIVE PRODUCTS IN THE MARKET 72
6 GLOBAL HEAT SHRINK TUBING MARKET, BY TYPE 74
- 6.1 OVERVIEW 75
- 6.2 SINGLE WALL 76
- 6.3 DUAL WALL 77
7 GLOBAL HEAT SHRINK TUBING MARKET, BY PRODUCT TYPE 78
- 7.1 OVERVIEW 79
- 7.2 SPOOLS 80
- 7.3 PRE-CUT LENGTH 81
- 7.4 OTHERS 82
8 GLOBAL HEAT SHRINK TUBING MARKET, BY VOLTAGE 83
- 8.1 OVERVIEW 84
- 8.2 LOW 85
- 8.3 MEDIUM 86
- 8.4 HIGH 87
9 GLOBAL HEAT SHRINK TUBING MARKET, BY MATERIAL 88
- 9.1 OVERVIEW 89
- 9.2 POLYOLEFIN 90
- 9.3 PERFLUOROALKOXY ALKANES (PFA) 91
- 9.4 POLYTETRAFLUOROETHYLENE (PTFE) 91
- 9.5 FLUORINATED ETHYLENE PROPYLENE (FEP) 92
- 9.6 ETHYLENE TETRAFLUOROETHYLENE (ETFE) 93
- 9.7 POLYETHER ETHER KETONE (PEEK) 93
- 9.8 OTHERS 94
10 GLOBAL HEAT SHRINK TUBING MARKET, BY SHRINK RATIO 95
- 10.1 OVERVIEW 96
- 10.2 2:01 97
- 10.3 3:01 98
- 10.4 4:01 98
- 10.5 6:01 99
- 10.6 OTHERS 100
11 GLOBAL HEAT SHRINK TUBING MARKET, BY END-USER 101
- 11.1 OVERVIEW 102
- 11.2 UTILITIES 104
- 11.3 IT AND TELECOMMUNICATION 104
- 11.4 AUTOMOTIVE 105
- 11.5 ELECTRONICS 106
- 11.5.1 COMMERCIAL/INDUSTRIAL 106
- 11.5.2 CONSUMER PRODUCT 106
- 11.6 AEROSPACE 107
- 11.7 HEALTHCARE 107
- 11.8 OIL AND GAS 108
- 11.9 MARINE 109
- 11.10 FOOD AND BEVERAGES 109
- 11.11 CONSTRUCTION 110
- 11.11.1 COMMERCIAL 111
- 11.11.2 RESIDENTIAL 111
- 11.12 CHEMICAL 111
- 11.13 OTHERS 112
12 GLOBAL HEAT SHRINK TUBING MARKET, BY REGION 113
- 12.1 OVERVIEW 114
- 12.2 ASIA-PACIFIC 119
- 12.2.1 CHINA 126
- 12.2.2 INDIA 129
- 12.2.3 JAPAN 132
- 12.2.4 SOUTH KOREA 135
- 12.2.5 AUSTRALIA 138
- 12.2.6 INDONESIA 141
- 12.2.7 MALAYSIA 144
- 12.2.8 THAILAND 147
- 12.2.9 SINGAPORE 150
- 12.2.10 PHILIPPINES 153
- 12.2.11 REST OF ASIA-PACIFIC 156
- 12.3 NORTH AMERICA 157
- 12.3.1 U.S. 164
- 12.3.2 CANADA 167
- 12.3.3 MEXICO 170
- 12.4 EUROPE 173
- 12.4.1 GERMANY 181
- 12.4.2 FRANCE 184
- 12.4.3 U.K. 187
- 12.4.4 ITALY 190
- 12.4.5 SPAIN 193
- 12.4.6 NETHERLANDS 196
- 12.4.7 BELGIUM 199
- 12.4.8 RUSSIA 202
- 12.4.9 SWITZERLAND 205
- 12.4.10 TURKEY 208
- 12.4.11 REST OF EUROPE 211
- 12.5 MIDDLE EAST AND AFRICA 212
- 12.5.1 SAUDI ARABIA 219
- 12.5.2 SOUTH AFRICA 222
- 12.5.3 U.A.E 225
- 12.5.4 EGYPT 228
- 12.5.5 ISRAEL 231
- 12.5.6 REST OF MIDDLE EAST AND AFRICA 234
- 12.6 SOUTH AMERICA 235
- 12.6.1 BRAZIL 242
- 12.6.2 ARGENTINA 245
- 12.6.3 REST OF SOUTH AMERICA 248
13 GLOBAL HEAT SHRINK TUBING MARKET: COMPANY LANDSCAPE 249
- 13.1 COMPANY SHARE ANALYSIS: GLOBAL 249
- 13.2 COMPANY SHARE ANALYSIS: NORTH AMERICA 250
- 13.3 COMPANY SHARE ANALYSIS: ASIA-PACIFIC 251
- 13.4 COMPANY SHARE ANALYSIS: EUROPE 252
14 SWOT ANALYSIS 253
15 COMPANY PROFILES 254
- 15.1 TE CONNECTIVITY 254
- 15.1.1 COMPANY SNAPSHOT 254
- 15.1.2 REVENUE ANALYSIS 254
- 15.1.3 COMPANY SHARE ANALYSIS 255
- 15.1.4 PRODUCT PORTFOLIO 255
- 15.1.5 RECENT DEVELOPMENTS 258
- 15.2 SUMITOMO ELECTRIC INDUSTRIES, LTD. 260
- 15.2.1 COMPANY SNAPSHOT 260
- 15.2.2 REVENUE ANALYSIS 260
- 15.2.3 COMPANY SHARE ANALYSIS 261
- 15.2.4 PRODUCT PORTFOLIO 261
- 15.2.5 RECENT DEVELOPMENTS 262
- 15.3 MOLEX 263
- 15.3.1 COMPANY SNAPSHOT 263
- 15.3.2 COMPANY SHARE ANALYSIS 263
- 15.3.3 PRODUCT PORTFOLIO 264
- 15.3.4 RECENT DEVELOPMENTS 265
- 15.4 ABB 266
- 15.4.1 COMPANY SNAPSHOT 266
- 15.4.2 REVENUE ANALYSIS 266
- 15.4.3 COMPANY SHARE ANALYSIS 267
- 15.4.4 PRODUCT PORTFOLIO 267
- 15.4.5 RECENT DEVELOPMENTS 272
- 15.5 PRYSMIAN GROUP 273
- 15.5.1 COMPANY SNAPSHOT 273
- 15.5.2 REVENUE ANALYSIS 273
- 15.5.3 COMPANY SHARE ANALYSIS 274
- 15.5.4 PRODUCT PORTFOLIO 274
- 15.5.5 RECENT DEVELOPMENTS 275
- 15.6 3M 276
- 15.6.1 COMPANY SNAPSHOT 276
- 15.6.2 REVENUE ANALYSIS 276
- 15.6.3 PRODUCT PORTFOLIO 277
- 15.6.4 RECENT DEVELOPMENTS 277
- 15.7 ALPHA WIRE 278
- 15.7.1 COMPANY SNAPSHOT 278
- 15.7.2 PRODUCT PORTFOLIO 278
- 15.7.3 RECENT DEVELOPMENTS 279
- 15.8 CHANGYUAN ELECTRONICS (DONGGUAN) CO., LTD. 280
- 15.8.1 COMPANY SNAPSHOT 280
- 15.8.2 PRODUCT PORTFOLIO 280
- 15.8.3 RECENT DEVELOPMENT 281
- 15.9 DASHENG GROUP 282
- 15.9.1 COMPANY SNAPSHOT 282
- 15.9.2 COMPANY PORTFOLIO 282
- 15.9.3 RECENT DEVELOPMENT 282
- 15.10 DUNBAR PRODUCTS, LLC. 283
- 15.10.1 COMPANY SNAPSHOT 283
- 15.10.2 PRODUCT PORTFOLIO 283
- 15.10.3 RECENT DEVELOPMENTS 284
- 15.11 GREMCO GMBH 285
- 15.11.1 COMPANY SNAPSHOT 285
- 15.11.2 PRODUCT PORTFOLIO 285
- 15.11.3 RECENT DEVELOPMENTS 287
- 15.12 HELLERMANNTYTON 288
- 15.12.1 COMPANY SNAPSHOT 288
- 15.12.2 PRODUCT PORTFOLIO 288
- 15.12.3 RECENT DEVELOPMENTS 290
- 15.13 HILLTOP 291
- 15.13.1 COMPANY SNAPSHOT 291
- 15.13.2 PRODUCT PORTFOLIO 291
- 15.13.3 RECENT DEVELOPMENTS 293
- 15.14 HUIZHOU GUANGHAI ELECTRONIC INSULATION MATERIALS CO., LTD. 294
- 15.14.1 COMPANY SNAPSHOT 294
- 15.14.2 PRODUCT PORTFOLIO 294
- 15.14.3 RECENT DEVELOPMENT 296
- 15.15 PANDUIT 297
- 15.15.1 COMPANY SNAPSHOT 297
- 15.15.2 PRODUCT PORTFOLIO 297
- 15.15.3 RECENT DEVELOPMENTS 298
- 15.16 PEXCO 299
- 15.16.1 COMPANY SNAPSHOT 299
- 15.16.2 PRODUCT PORTFOLIO 299
- 15.16.3 RECENT DEVELOPMENTS 300
- 15.17 QUALTEK ELECTRONICS CORP 302
- 15.17.1 COMPANY SNAPSHOT 302
- 15.17.2 PRODUCT PORTFOLIO 302
- 15.17.3 RECENT DEVELOPMENT 304
- 15.18 SHAWCOR 305
- 15.18.1 COMPANY SNAPSHOT 305
- 15.18.2 REVENUE ANALYSIS 305
- 15.18.3 PRODUCT PORTFOLIO 306
- 15.18.4 RECENT DEVELOPMENTS 307
- 15.19 SHENZHEN WOER HEAT - SHRINKABLE MATERIAL CO., LTD. 308
- 15.19.1 COMPANY SNAPSHOT 308
- 15.19.2 PRODUCT PORTFOLIO 308
- 15.19.3 RECENT DEVELOPMENTS 309
- 15.20 TECHFLEX, INC. 310
- 15.20.1 COMPANY SNAPSHOT 310
- 15.20.2 PRODUCT PORTFOLIO 310
- 15.20.3 RECENT DEVELOPMENT 311
- 15.21 THERMOSLEEVE USA 312
- 15.21.1 COMPANY SNAPSHOT 312
- 15.21.2 PRODUCT PORTFOLIO 312
- 15.21.3 RECENT DEVELOPMENTS 314
- 15.22 ZEUS INDUSTRIAL PRODUCTS, INC. 315
- 15.22.1 COMPANY SNAPSHOT 315
- 15.22.2 PRODUCT PORTFOLIO 315
- 15.22.3 RECENT DEVELOPMENTS 316
16 QUESTIONNAIRE 317
17 RELATED REPORTS 322