Heat-Shrink Tubing Market

Market Definition

The factors that are likely to drive this market are government initiatives to extend and upgrade T&D systems, as well as continuous improvements in global power generation capacity. The heat-shrink tubing market is projected to be dominated by the low-voltage segment. In low voltage cables, a heat-shrink tube is a significant component for the distribution of electricity in the 1–1.1 kV voltage range. The growing use of heat-shrinkable tubes for cable insulation and sealing is expected to boost market demand. During the forecast era, the polyolefin segment is expected to be the fastest growing heat-shrink tubing industry. The polyolefin segment generates more sales than the other segments and hence has a larger market share. Polyolefins are flame and abrasion resistant, extremely resilient, and have excellent chemical, physical, and electrical properties. Because of its flame-retardant or non-flammable properties, cross-linked polyolefin is used in the aerospace and military industries, which is expected to increase demand in the industry. The utilities market is projected to be the most lucrative for heat-shrink tubing. The heat-shrink tubing market is expected to be driven by investments in T&D infrastructure and protection for wires and cables against harmful environmental elements. During the forecast era, Asia Pacific is projected to be the largest heat-shrink tubing market. Government measures to extend and upgrade T&D systems, as well as an ongoing rise in global power generation capacity, are expected to fuel market demand globally. Asia Pacific was also the market with the fastest growth. During the forecast era, China and India are expected to develop rapidly. 

Report Scope

The global market report scope includes a detailed study covering underlying factors influencing the industry trends. The report covers analysis of regional and country-level market dynamics. The scope also covers competitive overview providing company market shares along with company profiles for major revenue contributing companies. The report scope includes a detailed competitive outlook covering market shares and profiles key participants in the market share. 

Major Market Players

Key Market Players include TE Connectivity ABB, 3M, TE Connectivity, Sumitomo Electric, Hellermanntyton, Alpha Wire, Qualtek, Insultab, Woer, Guanghai Materials, Changchun Heat Shrinkable Materials, Dasheng Heat Shrinkable Material.

The Heat-Shrink Tubing Market report has been categorized as below

By Voltage

• Low Voltage
• Medium Voltage
• High Voltage

By Material

• Polyolefin
• Polytetrafluoroethylene (PTFE)
• Fluorinated Ethylene Propylene (FEP)
• Perfluoroalkoxy Alkane (PFA)
• Ethylene Tetrafluoroethylene (ETFE)
• Others

By End-User

• Utilities
• Automotive
• Food & Beverage
• Chemical
• Others

 By Region

• North America
• US
• Canada
• Mexico
• Europe
• Germany
• France
• Italy
• UK
• Rest of Europe
• Asia Pacific
• Japan
• China
• India
• Australia
• Rest of Asia Pacific
• Rest of the World
• South America
• Middle East and Africa

The years considered for the study are as follows:

• Base year - 2020
• Estimated year - 2021
• Projected year - 2022
• Forecast period - 2021 to 2027

Key Questions Addressed by the Report

• New products/service competitor are exploring?
• Key players in the market and how intense is the competition?
• What are the upcoming industry trends that manufacturers are focusing on in the future updates?
• For each segment, what are the significant opportunities in the market?
• What are the key growth strategies adopted by major market players in the market?
• What are the key success strategies adopted by major competitors in the market?

Why Buy this Report:

• Gain comprehensive insights on the Heat-Shrink Tubing industry & market trends
• Note complete analysis of the market status
• Recognize the market opportunities and growth segments
• Evaluating business segments & product portfolios, and interpret competitive dynamics
• Facilitate strategy planning and industry dynamics to strengthen decision making

Report Content

1. Heat-Shrink Tubing Market Introduction
2. Key Insights
3. Report Overview
4. Markets Covered
5. Stakeholders
6. Research Methodology
7. Research Scope
8. Market Research Process
9. Research Data Analysis
10. Market Size Estimation
11. Executive Summary
12. Market Overview
13. Introduction 
14. Market Drivers and Restraints
15. By Voltage
16. Low Voltage
17. Medium Voltage
18. High Voltage
19. By Material
20. Polyolefin
21. Polytetrafluoroethylene (PTFE)
22. Fluorinated Ethylene Propylene (FEP)
23. Perfluoroalkoxy Alkane (PFA)
24. Ethylene Tetrafluoroethylene (ETFE)
25. Others
26. By End-User
27. Utilities
28. Automotive
29. Food & Beverage
30. Chemical
31. Others
32. By Region
33. Key Points
34. North America
35. US
36. Canada
37. Mexico
38. Europe
39. Germany
40. France
41. Italy
42. UK
43. Rest of World
44. Asia Pacific
45. Japan
46. China
47. India
48. Australia
49. Rest of Asia Pacific
50. Rest of the World
51. South America
52. Middle East and Africa
53. Company Profile

(Profile contain company overview, products/services, financials & recent developments)

1. ABB
2. 3M
3. TE Connectivity
4. Sumitomo Electric
5. Hellermanntyton
6. Alpha Wire
7. Qualtek
8. Insultab
9. Woer
10. Guanghai Materials
11. Changchun Heat Shrinkable Materials
12. Dasheng Heat Shrinkable Material