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The heat shrink tubing market is forecasted to grow by USD 783 million during 2023-2028, accelerating at a CAGR of 6.78% during the forecast period. The report on the heat shrink tubing market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.Speak directly to the analyst to clarify any post sales queries you may have.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by increasing use of bio-based heat shrink tubing, growing use of heat-shrink tubes in power-generating industry, and growing role of government in support and expansion of transmission and distribution systems.
The heat shrink tubing market is segmented as below:
By Type
- OEMs
- Aftermarket
By End-user
- Utilities
- Automotive
- Food and beverage
- Chemical
- Others
By Geographical Landscape
- APAC
- North America
- Europe
- South America
- Middle East and Africa
The report on the heat shrink tubing market covers the following areas:
- Heat shrink tubing market sizing
- Heat shrink tubing market forecast
- Heat shrink tubing market industry analysis
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
The report presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. IT presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth.
Table of Contents
1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation by Type
7 Market Segmentation by End-user
8 Customer Landscape
9 Geographic Landscape
10 Drivers, Challenges, and Opportunity/Restraints
11 Competitive Landscape
12 Competitive Analysis
13 Appendix
List of Exhibits
Executive Summary
The following companies are recognized as the key players in the global heat shrink tubing market: 3M Co., ABB Ltd., Alpha Wire Inc., ARTILABO International sprl, GREMCO GmbH, Gremtek SAS, HellermannTyton GmbH, Jiangsu Dasheng Heat Shrinkable Material Co. Ltd., Mattr Corp., Molex LLC, Nexans SA, Panduit Corp., Pexco LLC, Prysmian Spa, Shrink Sleeve Ltd., Sumitomo Electric Industries Ltd., Taiwan Yun Lin Electronic Co. Ltd., TE Connectivity Ltd., Techflex Inc., and Zeus Co. Inc..Commenting on the report, an analyst from the research team said: "The latest trend gaining momentum in the market is advantages of polyolefin shrink films."
According to the report, one of the major drivers for this market is the increasing use of bio-based heat shrink tubing.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.
Companies Mentioned (Partial List)
A selection of companies mentioned in this report includes, but is not limited to:
- 3M Co.
- ABB Ltd.
- Alpha Wire Inc.
- ARTILABO International sprl
- GREMCO GmbH
- Gremtek SAS
- HellermannTyton GmbH
- Jiangsu Dasheng Heat Shrinkable Material Co. Ltd.
- Mattr Corp.
- Molex LLC
- Nexans SA
- Panduit Corp.
- Pexco LLC
- Prysmian Spa
- Shrink Sleeve Ltd.
- Sumitomo Electric Industries Ltd.
- Taiwan Yun Lin Electronic Co. Ltd.
- TE Connectivity Ltd.
- Techflex Inc.
- Zeus Co. Inc.
