Global Heat Shrinkable Tube Market Research Report 2021 Professional Edition
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The global Heat Shrinkable Tube market was valued at 475.71 Million USD in 2020 and will grow with a CAGR of 1.15% from 2020 to 2027, based on newly published report.
The prime objective of this report is to provide the insights on the post COVID-19 impact which will help market players in this field evaluate their business approaches. Also, this report covers market segmentation by major market verdors, types, applications/end users and geography(North America, East Asia, Europe, South Asia, Southeast Asia, Middle East, Africa, Oceania, South America).
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. In consumption market, the growth rate of global consumption is smooth relatively with the 3-4% of average growth rate. China and USA are still the mainly consumption regions due to the advanced production technology and rapid development of economy. Heat shrinkable tubes are refers to different types. It can be widely used in many industries. Survey results showed that 56.02% of the heat shrinkable tube market is wire and cable, 21.68% is automotive industry, 11.18% is appliances industry, 5.70% is electronic equipment industry and 5.42% divided among other industries. With the development of economy, these industries will need more heat shrinkable tube. So, heat shrinkable tube has a huge market potential in the future. The major raw material for heat shrinkable tube is polymer. It 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®. On the global market, supply of raw materials is full. Fluctuations in the price of the upstream product will impact on the production cost of copper powder industry. We tend to believe this industry is an emerging industry, and the consumption increasing degree will show a smooth growth curve. For product prices, the slow downward trend in recent years will maintain in the future as competition intensifies. Besides, prices gap between different brands will go narrowing gradually. Also, there will be fluctuation in gross margin.
By Market Verdors:
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
By Types:
Polyolefin Heat Shrinkable Tube
Fluoropolymer Heat Shrinkable Tube
Chlorinated Polyolefin Heat Shrinkable Tube
By Applications:
Wire and Cable
Automotive
Appliances
Electronic Equipment
Key Indicators Analysed
Market Players & Competitor Analysis: The report covers the key players of the industry including Company Profile, Product Specifications, Production Capacity/Sales, Revenue, Price and Gross Margin 2016-2027 & Sales with a thorough analysis of the market’s competitive landscape and detailed information on vendors and comprehensive details of factors that will challenge the growth of major market vendors.
Global and Regional Market Analysis: The report includes Global & Regional market status and outlook 2016-2027. Further the report provides break down details about each region & countries covered in the report. Identifying its sales, sales volume & revenue forecast. With detailed analysis by types and applications.
Market Trends: Market key trends which include Increased Competition and Continuous Innovations.
Opportunities and Drivers: Identifying the Growing Demands and New Technology
Porters Five Force Analysis: The report provides with the state of competition in industry depending on five basic forces: threat of new entrants, bargaining power of suppliers, bargaining power of buyers, threat of substitute products or services, and existing industry rivalry.
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Assess the production processes, major issues, and solutions to mitigate the development risk.
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Learn about the market strategies that are being adopted by leading respective organizations.
To understand the future outlook and prospects for the market.
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1 Report Overview
1.1 Study Scope
1.2 Key Market Segments
1.3 Players Covered: Ranking by Heat Shrinkable Tube Revenue
1.4 Market Analysis by Type
1.4.1 Global Heat Shrinkable Tube Market Size Growth Rate by Type: 2021 VS 2027
1.4.2 Polyolefin Heat Shrinkable Tube
1.4.3 Fluoropolymer Heat Shrinkable Tube
1.4.4 Chlorinated Polyolefin Heat Shrinkable Tube
1.5 Market by Application
1.5.1 Global Heat Shrinkable Tube Market Share by Application: 2022-2027
1.5.2 Wire and Cable
1.5.3 Automotive
1.5.4 Appliances
1.5.5 Electronic Equipment
1.6 Study Objectives
1.7 Years Considered
1.8 Overview of Global Heat Shrinkable Tube Market
1.8.1 Global Heat Shrinkable Tube Market Status and Outlook (2016-2027)
1.8.2 North America
1.8.3 East Asia
1.8.4 Europe
1.8.5 South Asia
1.8.6 Southeast Asia
1.8.7 Middle East
1.8.8 Africa
1.8.9 Oceania
1.8.10 South America
1.8.11 Rest of the World
2 Market Competition by Manufacturers
2.1 Global Heat Shrinkable Tube Production Capacity Market Share by Manufacturers (2016-2021)
2.2 Global Heat Shrinkable Tube Revenue Market Share by Manufacturers (2016-2021)
2.3 Global Heat Shrinkable Tube Average Price by Manufacturers (2016-2021)
2.4 Manufacturers Heat Shrinkable Tube Production Sites, Area Served, Product Type
3 Sales by Region
3.1 Global Heat Shrinkable Tube Sales Volume Market Share by Region (2016-2021)
3.2 Global Heat Shrinkable Tube Sales Revenue Market Share by Region (2016-2021)
3.3 North America Heat Shrinkable Tube Sales Volume
3.3.1 North America Heat Shrinkable Tube Sales Volume Growth Rate (2016-2021)
3.3.2 North America Heat Shrinkable Tube Sales Volume Capacity, Revenue, Price and Gross Margin (2016-2021)
3.4 East Asia Heat Shrinkable Tube Sales Volume
3.4.1 East Asia Heat Shrinkable Tube Sales Volume Growth Rate (2016-2021)
3.4.2 East Asia Heat Shrinkable Tube Sales Volume Capacity, Revenue, Price and Gross Margin (2016-2021)
3.5 Europe Heat Shrinkable Tube Sales Volume (2016-2021)
3.5.1 Europe Heat Shrinkable Tube Sales Volume Growth Rate (2016-2021)
3.5.2 Europe Heat Shrinkable Tube Sales Volume Capacity, Revenue, Price and Gross Margin (2016-2021)
3.6 South Asia Heat Shrinkable Tube Sales Volume (2016-2021)
3.6.1 South Asia Heat Shrinkable Tube Sales Volume Growth Rate (2016-2021)
3.6.2 South Asia Heat Shrinkable Tube Sales Volume Capacity, Revenue, Price and Gross Margin (2016-2021)
3.7 Southeast Asia Heat Shrinkable Tube Sales Volume (2016-2021)
3.7.1 Southeast Asia Heat Shrinkable Tube Sales Volume Growth Rate (2016-2021)
3.7.2 Southeast Asia Heat Shrinkable Tube Sales Volume Capacity, Revenue, Price and Gross Margin (2016-2021)
3.8 Middle East Heat Shrinkable Tube Sales Volume (2016-2021)
3.8.1 Middle East Heat Shrinkable Tube Sales Volume Growth Rate (2016-2021)
3.8.2 Middle East Heat Shrinkable Tube Sales Volume Capacity, Revenue, Price and Gross Margin (2016-2021)
3.9 Africa Heat Shrinkable Tube Sales Volume (2016-2021)
3.9.1 Africa Heat Shrinkable Tube Sales Volume Growth Rate (2016-2021)
3.9.2 Africa Heat Shrinkable Tube Sales Volume Capacity, Revenue, Price and Gross Margin (2016-2021)
3.10 Oceania Heat Shrinkable Tube Sales Volume (2016-2021)
3.10.1 Oceania Heat Shrinkable Tube Sales Volume Growth Rate (2016-2021)
3.10.2 Oceania Heat Shrinkable Tube Sales Volume Capacity, Revenue, Price and Gross Margin (2016-2021)
3.11 South America Heat Shrinkable Tube Sales Volume (2016-2021)
3.11.1 South America Heat Shrinkable Tube Sales Volume Growth Rate (2016-2021)
3.11.2 South America Heat Shrinkable Tube Sales Volume Capacity, Revenue, Price and Gross Margin (2016-2021)
3.12 Rest of the World Heat Shrinkable Tube Sales Volume (2016-2021)
3.12.1 Rest of the World Heat Shrinkable Tube Sales Volume Growth Rate (2016-2021)
3.12.2 Rest of the World Heat Shrinkable Tube Sales Volume Capacity, Revenue, Price and Gross Margin (2016-2021)
4 North America
4.1 North America Heat Shrinkable Tube Consumption by Countries
4.2 United States
4.3 Canada
4.4 Mexico
5 East Asia
5.1 East Asia Heat Shrinkable Tube Consumption by Countries
5.2 China
5.3 Japan
5.4 South Korea
6 Europe
6.1 Europe Heat Shrinkable Tube Consumption by Countries
6.2 Germany
6.3 United Kingdom
6.4 France
6.5 Italy
6.6 Russia
6.7 Spain
6.8 Netherlands
6.9 Switzerland
6.10 Poland
7 South Asia
7.1 South Asia Heat Shrinkable Tube Consumption by Countries
7.2 India
7.3 Pakistan
7.4 Bangladesh
8 Southeast Asia
8.1 Southeast Asia Heat Shrinkable Tube Consumption by Countries
8.2 Indonesia
8.3 Thailand
8.4 Singapore
8.5 Malaysia
8.6 Philippines
8.7 Vietnam
8.8 Myanmar
9 Middle East
9.1 Middle East Heat Shrinkable Tube Consumption by Countries
9.2 Turkey
9.3 Saudi Arabia
9.4 Iran
9.5 United Arab Emirates
9.6 Israel
9.7 Iraq
9.8 Qatar
9.9 Kuwait
9.10 Oman
10 Africa
10.1 Africa Heat Shrinkable Tube Consumption by Countries
10.2 Nigeria
10.3 South Africa
10.4 Egypt
10.5 Algeria
10.6 Morocco
11 Oceania
11.1 Oceania Heat Shrinkable Tube Consumption by Countries
11.2 Australia
11.3 New Zealand
12 South America
12.1 South America Heat Shrinkable Tube Consumption by Countries
12.2 Brazil
12.3 Argentina
12.4 Columbia
12.5 Chile
12.6 Venezuela
12.7 Peru
12.8 Puerto Rico
12.9 Ecuador
13 Rest of the World
13.1 Rest of the World Heat Shrinkable Tube Consumption by Countries
13.2 Kazakhstan
14 Sales Volume, Sales Revenue, Sales Price Trend by Type
14.1 Global Heat Shrinkable Tube Sales Volume Market Share by Type (2016-2021)
14.2 Global Heat Shrinkable Tube Sales Revenue Market Share by Type (2016-2021)
14.3 Global Heat Shrinkable Tube Sales Price by Type (2016-2021)
15 Consumption Analysis by Application
15.1 Global Heat Shrinkable Tube Consumption Volume by Application (2016-2021)
15.2 Global Heat Shrinkable Tube Consumption Value by Application (2016-2021)
16 Company Profiles and Key Figures in Heat Shrinkable Tube Business
16.1 TE Connectivity
16.1.1 TE Connectivity Company Profile
16.1.2 TE Connectivity Heat Shrinkable Tube Product Specification
16.1.3 TE Connectivity Heat Shrinkable Tube Production Capacity, Revenue, Price and Gross Margin (2016-2021)
16.2 Sumitomo Electric
16.2.1 Sumitomo Electric Company Profile
16.2.2 Sumitomo Electric Heat Shrinkable Tube Product Specification
16.2.3 Sumitomo Electric Heat Shrinkable Tube Production Capacity, Revenue, Price and Gross Margin (2016-2021)
16.3 DSG-Canus
16.3.1 DSG-Canus Company Profile
16.3.2 DSG-Canus Heat Shrinkable Tube Product Specification
16.3.3 DSG-Canus Heat Shrinkable Tube Production Capacity, Revenue, Price and Gross Margin (2016-2021)
16.4 3M
16.4.1 3M Company Profile
16.4.2 3M Heat Shrinkable Tube Product Specification
16.4.3 3M Heat Shrinkable Tube Production Capacity, Revenue, Price and Gross Margin (2016-2021)
16.5 Changyuan Group
16.5.1 Changyuan Group Company Profile
16.5.2 Changyuan Group Heat Shrinkable Tube Product Specification
16.5.3 Changyuan Group Heat Shrinkable Tube Production Capacity, Revenue, Price and Gross Margin (2016-2021)
16.6 HellermannTyton
16.6.1 HellermannTyton Company Profile
16.6.2 HellermannTyton Heat Shrinkable Tube Product Specification
16.6.3 HellermannTyton Heat Shrinkable Tube Production Capacity, Revenue, Price and Gross Margin (2016-2021)
16.7 CIAC
16.7.1 CIAC Company Profile
16.7.2 CIAC Heat Shrinkable Tube Product Specification
16.7.3 CIAC Heat Shrinkable Tube Production Capacity, Revenue, Price and Gross Margin (2016-2021)
16.8 Qualtek
16.8.1 Qualtek Company Profile
16.8.2 Qualtek Heat Shrinkable Tube Product Specification
16.8.3 Qualtek Heat Shrinkable Tube Production Capacity, Revenue, Price and Gross Margin (2016-2021)
16.9 Alpha Wire
16.9.1 Alpha Wire Company Profile
16.9.2 Alpha Wire Heat Shrinkable Tube Product Specification
16.9.3 Alpha Wire Heat Shrinkable Tube Production Capacity, Revenue, Price and Gross Margin (2016-2021)
16.10 Insultab
16.10.1 Insultab Company Profile
16.10.2 Insultab Heat Shrinkable Tube Product Specification
16.10.3 Insultab Heat Shrinkable Tube Production Capacity, Revenue, Price and Gross Margin (2016-2021)
16.11 Dasheng Group
16.11.1 Dasheng Group Company Profile
16.11.2 Dasheng Group Heat Shrinkable Tube Product Specification
16.11.3 Dasheng Group Heat Shrinkable Tube Production Capacity, Revenue, Price and Gross Margin (2016-2021)
16.12 LG
16.12.1 LG Company Profile
16.12.2 LG Heat Shrinkable Tube Product Specification
16.12.3 LG Heat Shrinkable Tube Production Capacity, Revenue, Price and Gross Margin (2016-2021)
16.13 Panduit
16.13.1 Panduit Company Profile
16.13.2 Panduit Heat Shrinkable Tube Product Specification
16.13.3 Panduit Heat Shrinkable Tube Production Capacity, Revenue, Price and Gross Margin (2016-2021)
16.14 Molex
16.14.1 Molex Company Profile
16.14.2 Molex Heat Shrinkable Tube Product Specification
16.14.3 Molex Heat Shrinkable Tube Production Capacity, Revenue, Price and Gross Margin (2016-2021)
16.15 Woer
16.15.1 Woer Company Profile
16.15.2 Woer Heat Shrinkable Tube Product Specification
16.15.3 Woer Heat Shrinkable Tube Production Capacity, Revenue, Price and Gross Margin (2016-2021)
16.16 Thermosleeve USA
16.16.1 Thermosleeve USA Company Profile
16.16.2 Thermosleeve USA Heat Shrinkable Tube Product Specification
16.16.3 Thermosleeve USA Heat Shrinkable Tube Production Capacity, Revenue, Price and Gross Margin (2016-2021)
16.17 Shrinkflex
16.17.1 Shrinkflex Company Profile
16.17.2 Shrinkflex Heat Shrinkable Tube Product Specification
16.17.3 Shrinkflex Heat Shrinkable Tube Production Capacity, Revenue, Price and Gross Margin (2016-2021)
16.18 Salipt
16.18.1 Salipt Company Profile
16.18.2 Salipt Heat Shrinkable Tube Product Specification
16.18.3 Salipt Heat Shrinkable Tube Production Capacity, Revenue, Price and Gross Margin (2016-2021)
16.19 Yun Lin Electronic
16.19.1 Yun Lin Electronic Company Profile
16.19.2 Yun Lin Electronic Heat Shrinkable Tube Product Specification
16.19.3 Yun Lin Electronic Heat Shrinkable Tube Production Capacity, Revenue, Price and Gross Margin (2016-2021)
16.20 Zeus
16.20.1 Zeus Company Profile
16.20.2 Zeus Heat Shrinkable Tube Product Specification
16.20.3 Zeus Heat Shrinkable Tube Production Capacity, Revenue, Price and Gross Margin (2016-2021)
16.21 Huaxiong Plastic
16.21.1 Huaxiong Plastic Company Profile
16.21.2 Huaxiong Plastic Heat Shrinkable Tube Product Specification
16.21.3 Huaxiong Plastic Heat Shrinkable Tube Production Capacity, Revenue, Price and Gross Margin (2016-2021)
17 Heat Shrinkable Tube Manufacturing Cost Analysis
17.1 Heat Shrinkable Tube Key Raw Materials Analysis
17.1.1 Key Raw Materials
17.2 Proportion of Manufacturing Cost Structure
17.3 Manufacturing Process Analysis of Heat Shrinkable Tube
17.4 Heat Shrinkable Tube Industrial Chain Analysis
18 Marketing Channel, Distributors and Customers
18.1 Marketing Channel
18.2 Heat Shrinkable Tube Distributors List
18.3 Heat Shrinkable Tube Customers
19 Market Dynamics
19.1 Market Trends
19.2 Opportunities and Drivers
19.3 Challenges
19.4 Porter's Five Forces Analysis
20 Production and Supply Forecast
20.1 Global Forecasted Production of Heat Shrinkable Tube (2022-2027)
20.2 Global Forecasted Revenue of Heat Shrinkable Tube (2022-2027)
20.3 Global Forecasted Price of Heat Shrinkable Tube (2016-2027)
20.4 Global Forecasted Production of Heat Shrinkable Tube by Region (2022-2027)
20.4.1 North America Heat Shrinkable Tube Production, Revenue Forecast (2022-2027)
20.4.2 East Asia Heat Shrinkable Tube Production, Revenue Forecast (2022-2027)
20.4.3 Europe Heat Shrinkable Tube Production, Revenue Forecast (2022-2027)
20.4.4 South Asia Heat Shrinkable Tube Production, Revenue Forecast (2022-2027)
20.4.5 Southeast Asia Heat Shrinkable Tube Production, Revenue Forecast (2022-2027)
20.4.6 Middle East Heat Shrinkable Tube Production, Revenue Forecast (2022-2027)
20.4.7 Africa Heat Shrinkable Tube Production, Revenue Forecast (2022-2027)
20.4.8 Oceania Heat Shrinkable Tube Production, Revenue Forecast (2022-2027)
20.4.9 South America Heat Shrinkable Tube Production, Revenue Forecast (2022-2027)
20.4.10 Rest of the World Heat Shrinkable Tube Production, Revenue Forecast (2022-2027)
20.5 Forecast by Type and by Application (2022-2027)
20.5.1 Global Sales Volume, Sales Revenue and Sales Price Forecast by Type (2022-2027)
20.5.2 Global Forecasted Consumption of Heat Shrinkable Tube by Application (2022-2027)
21 Consumption and Demand Forecast
21.1 North America Forecasted Consumption of Heat Shrinkable Tube by Country
21.2 East Asia Market Forecasted Consumption of Heat Shrinkable Tube by Country
21.3 Europe Market Forecasted Consumption of Heat Shrinkable Tube by Countriy
21.4 South Asia Forecasted Consumption of Heat Shrinkable Tube by Country
21.5 Southeast Asia Forecasted Consumption of Heat Shrinkable Tube by Country
21.6 Middle East Forecasted Consumption of Heat Shrinkable Tube by Country
21.7 Africa Forecasted Consumption of Heat Shrinkable Tube by Country
21.8 Oceania Forecasted Consumption of Heat Shrinkable Tube by Country
21.9 South America Forecasted Consumption of Heat Shrinkable Tube by Country
21.10 Rest of the world Forecasted Consumption of Heat Shrinkable Tube by Country
22 Research Findings and Conclusion
23 Methodology and Data Source
23.1 Methodology/Research Approach
23.1.1 Research Programs/Design
23.1.2 Market Size Estimation
23.1.3 Market Breakdown and Data Triangulation
23.2 Data Source
23.2.1 Secondary Sources
23.2.2 Primary Sources
23.3 Disclaimer
Research Methodology:
Heat Shrinkable Tube Market Size Estimation
To estimate market size and trends, we use a combination of top-down and bottom-up methods. This allows us to evaluate the market from various perspectives—by company, region, product type, and end users.
Our estimates are based on actual sales data, excluding any discounts. Segment breakdowns and market shares are calculated using weighted averages based on usage rates and average prices. Regional insights are determined by how widely a product or service is adopted in each area.
Key companies are identified through secondary sources like industry reports and company filings. We then verify revenue estimates and other key data points through primary research, including interviews with industry experts, company executives, and decision-makers.
We take into account all relevant factors that could influence the market and validate our findings with real-world input. Our final insights combine both qualitative and quantitative data to provide a well-rounded view. Please note, these estimates do not account for unexpected changes such as inflation, economic downturns, or policy shifts.
Data Source
Secondary Sources
This study draws on a wide range of secondary sources, including press releases, annual reports, non-profit organizations, industry associations, government agencies, and customs data. We also referred to reputable databases and directories such as Bloomberg, Wind Info, Hoovers, Factiva, Trading Economics, Statista, and others. Additional references include investor presentations, company filings (e.g., SEC), economic data, and documents from regulatory and industry bodies.
These sources were used to gather technical and market-focused insights, identify key players, analyze market segmentation and classification, and track major trends and developments across industries.
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Primary Sources
As part of our primary research, we interviewed a variety of stakeholders from both the supply and demand sides to gather valuable qualitative and quantitative insights.
On the supply side, we spoke with product manufacturers, competitors, industry experts, research institutions, distributors, traders, and raw material suppliers. On the demand side, we engaged with business leaders, marketing and sales heads, technology and innovation directors, supply chain executives, and end users across key organizations.
These conversations helped us better understand market segmentation, pricing, applications, leading players, supply chains, demand trends, industry outlook, and key market dynamics—including risks, opportunities, barriers, and strategic developments.
Key Data Information from Primary Sources
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