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.
This report contains market size and forecasts of Heat Shrinkable Tube in global, including the following market information:
Global Heat Shrinkable Tube Market Revenue, 2017-2022, 2023-2028, ($ millions)
Global Heat Shrinkable Tube Market Sales, 2017-2022, 2023-2028, (M Meter)
Global top five Heat Shrinkable Tube companies in 2021 (%)
The global Heat Shrinkable Tube market was valued at 5095.3 million in 2021 and is projected to reach US$ 5519.2 million by 2028, at a CAGR of 1.1% during the forecast period.
The U.S. Market is Estimated at $ Million in 2021, While China is Forecast to Reach $ Million by 2028.
Polyolefin Heat Shrinkable Tube Segment to Reach $ Million by 2028, with a % CAGR in next six years.
The global key manufacturers of Heat Shrinkable Tube include TE Connectivity, Sumitomo Electric, DSG-Canus, 3M, Changyuan Group, HellermannTyton, CIAC, Qualtek and Alpha Wire, etc. In 2021, the global top five players have a share approximately % in terms of revenue.
MARKET MONITOR GLOBAL, INC (MMG) has surveyed the Heat Shrinkable Tube manufacturers, suppliers, distributors and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Heat Shrinkable Tube Market, by Type, 2017-2022, 2023-2028 ($ Millions) & (M Meter)
Global Heat Shrinkable Tube Market Segment Percentages, by Type, 2021 (%)
Polyolefin Heat Shrinkable Tube
Fluoropolymer Heat Shrinkable Tube
Chlorinated Polyolefin Heat Shrinkable Tube
Others
Global Heat Shrinkable Tube Market, by Application, 2017-2022, 2023-2028 ($ Millions) & (M Meter)
Global Heat Shrinkable Tube Market Segment Percentages, by Application, 2021 (%)
Wire and Cable
Automotive
Appliances
Electronic Equipment
Others
Global Heat Shrinkable Tube Market, By Region and Country, 2017-2022, 2023-2028 ($ Millions) & (M Meter)
Global Heat Shrinkable Tube Market Segment Percentages, By Region and Country, 2021 (%)
North America
US
Canada
Mexico
Europe
Germany
France
U.K.
Italy
Russia
Nordic Countries
Benelux
Rest of Europe
Asia
China
Japan
South Korea
Southeast Asia
India
Rest of Asia
South America
Brazil
Argentina
Rest of South America
Middle East & Africa
Turkey
Israel
Saudi Arabia
UAE
Rest of Middle East & Africa
Competitor Analysis
The report also provides analysis of leading market participants including:
Key companies Heat Shrinkable Tube revenues in global market, 2017-2022 (Estimated), ($ millions)
Key companies Heat Shrinkable Tube revenues share in global market, 2021 (%)
Key companies Heat Shrinkable Tube sales in global market, 2017-2022 (Estimated), (M Meter)
Key companies Heat Shrinkable Tube sales share in global market, 2021 (%)
Further, the report presents profiles of competitors in the market, key players include:
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