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Global Heat Shrinkable Tube Market Report, History and Forecast 2014-2025, Breakdown Data by Manufacturers, Key Regions, Types and Application

Published Date: 2019-04-13   |   Pages: 152   |   Tables: 186   | Report Id: 1088244   | Hits: 48 |   Chemical & Material

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Summary

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.

The global Heat Shrinkable Tube market was 4710 million US$ in 2018 and is expected to 5170 million US$ by the end of 2025, growing at a CAGR of 1.2% between 2019 and 2025.

This report studies the Heat Shrinkable Tube market size (value and volume) by players, regions, product types and end industries, history data 2014-2018 and forecast data 2019-2025; This report also studies the global market competition landscape, market drivers and trends, opportunities and challenges, risks and entry barriers, sales channels, distributors and Porter's Five Forces Analysis.

Geographically, this report is segmented into several key regions, with sales, revenue, market share and growth Rate of Heat Shrinkable Tube in these regions, from 2014 to 2025, covering

North America (United States, Canada and Mexico)

Europe (Germany, UK, France, Italy, Russia and Turkey etc.)

Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)

South America (Brazil etc.)

Middle East and Africa (Egypt and GCC Countries)

The various contributors involved in the value chain of the product include manufacturers, suppliers, distributors, intermediaries, and customers. The key manufacturers in this market 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

By the product type, the market is primarily split into

Polyolefin Heat Shrinkable Tube

Fluoropolymer Heat Shrinkable Tube

Chlorinated Polyolefin Heat Shrinkable Tube

Others

By the end users/application, this report covers the following segments

Wire and Cable

Automotive

Appliances

Electronic Equipment

Others

We can also provide the customized separate regional or country-level reports, for the following regions:

North America

United States

Canada

Mexico

Asia-Pacific

China

India

Japan

South Korea

Australia

Indonesia

Singapore

Malaysia

Philippines

Thailand

Vietnam

Rest of Asia-Pacific

Europe

Germany

France

UK

Italy

Spain

Russia

Rest of Europe

Central & South America

Brazil

Rest of Central & South America

Middle East & Africa

GCC Countries

Turkey

Egypt

South Africa

Rest of Middle East & Africa

The study objectives of this report are:

To study and analyze the global Heat Shrinkable Tube market size (value & volume) by company, key regions/countries, products and application, history data from 2014 to 2018, and forecast to 2025.

To understand the structure of Heat Shrinkable Tube market by identifying its various subsegments.

To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).

Focuses on the key global Heat Shrinkable Tube manufacturers, to define, describe and analyze the sales volume, value, market share, market competition landscape, SWOT analysis and development plans in next few years.

To analyze the Heat Shrinkable Tube with respect to individual growth trends, future prospects, and their contribution to the total market.

To project the value and volume of Heat Shrinkable Tube submarkets, with respect to key regions (along with their respective key countries).

To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.

To strategically profile the key players and comprehensively analyze their growth strategies.

In this study, the years considered to estimate the market size of Heat Shrinkable Tube are as follows:

History Year: 2014-2018

Base Year: 2018

Estimated Year: 2019

Forecast Year 2019 to 2025

This report includes the estimation of market size for value (million USD) and volume (M Meter). Both top-down and bottom-up approaches have been used to estimate and validate the market size of Heat Shrinkable Tube market, to estimate the size of various other dependent submarkets in the overall market. Key players in the market have been identified through secondary research, and their market shares have been determined through primary and secondary research. All percentage shares, splits, and breakdowns have been determined using secondary sources and verified primary sources.

For the data information by region, company, type and application, 2018 is considered as the base year. Whenever data information was unavailable for the base year, the prior year has been considered.

Key Stakeholders

Raw material suppliers

Distributors/traders/wholesalers/suppliers

Regulatory bodies, including government agencies and NGO

Commercial research & development (R&D) institutions

Importers and exporters

Government organizations, research organizations, and consulting firms

Trade associations and industry bodies

End-use industries

Available Customizations

With the given market data, QYResearch offers customizations according to the company's specific needs. The following customization options are available for the report:

Further breakdown of Heat Shrinkable Tube market on basis of the key contributing countries.

Detailed analysis and profiling of additional market players.

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