Heat Shrink Tubing And Sleeves Market Strategies, Growth Opportunities, Outlook By 2033

The Business Research Company has updated its global market reports, featuring the latest data for 2024 and projections up to 2033.

The Heat Shrink Tubing And Sleeves Global Market Report 2024 by The Business Research Company provides market overview across 60+ geographies in the seven regions – Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa, encompassing 27 major global industries. The report presents a comprehensive analysis over a ten-year historic period (2010-2021) and extends its insights into a ten-year forecast period (2023-2033).

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According to The Business Research Company’s Heat Shrink Tubing And Sleeves Global Market Report 2024, The heat shrink tubing and sleeves market size has grown strongly in recent years. It will grow from $1.98 billion in 2023 to $2.11 billion in 2024 at a compound annual growth rate (CAGR) of 6.5%. The  growth in the historic period can be attributed to electronics industry demand, industrial applications, miniaturization in electronics, market competition and innovation, customization and versatility.The heat shrink tubing and sleeves market size is expected to see strong growth in the next few years. It will grow to $2.67 billion in 2028 at a compound annual growth rate (CAGR) of 6.0%.

The increasing demand for household appliances is expected to drive the growth of the heat shrink tubing and sleeves market. Household appliances encompass various mechanical or electrical devices used in homes for specific activities. Heat shrink tubing and sleeves play a crucial role in enhancing the safety, reliability, and durability of household appliances by providing protection and organization for internal components. For example, between 2021 and 2022, sales of washing machines capable of both washing and drying increased by 15.7% in the USA, as reported by Trend Economy. Consequently, the growing demand for household appliances is fueling the expansion of the heat shrink tubing and sleeves market.

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The heat shrink tubing and sleeves market covered in this report is segmented –
1) By Product Type
: Tubes, Sleeves, Other Accessories
2) By Material Type: Polyolefin (POE), Polyether Ether Ketone (PEEK), Ethylene Tetrafluoroethylene (ETFE), Ethylene Vinyl Acetate (EVA), Polytetrafluoroethylene (PTFE), Fluorinated Ethylene Propylene (FEP), Perfluoroalkoxy Alkane (PFA), Other Materials
3) By Length: Spool, Standard (1.2 Meter), Non-Standard Cut Pieces, Custom
4) By Sales Channel: Original Equipment Manufacturer (OEM), Aftermarket
5) By Applications: Automotive, Aerospace, Railways, Telecommunication, Energy, Electrical Engineering Goods And Components, Home Appliances, Defense And Armaments, Other Applications

Top Major Players

HellermannTyton,

Molex LLC,

Panduit Corp.,

Shrink Sleeves Ltd.,

TE Connectivity Inc.

The heat shrink tubing and sleeves market report table of contents includes:
1. Executive Summary

  1. Heat Shrink Tubing And Sleeves Market Characteristics
  2. Heat Shrink Tubing And Sleeves Market Trends And Strategies
  3. Heat Shrink Tubing And Sleeves Market – Macro Economic Scenario
  4. Global Heat Shrink Tubing And Sleeves Market Size and Growth
  5. Heat Shrink Tubing And Sleeves Market Segmentation
  6. Heat Shrink Tubing And Sleeves Market Regional And Country Analysis

…………..

  1. Key Mergers And Acquisitions In The Heat Shrink Tubing And Sleeves Market
  2. Heat Shrink Tubing And Sleeves Market Future Outlook and Potential Analysis
  3. Appendix

List Of Tables :

Table 1: Global Historic Market Growth, 2018-2023, $ Billion

Table 2: Global Forecast Market Growth, 2023-2028F, 2033F, $ Billion

Table 3: Global Heat Shrink Tubing And Sleeves Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 4: Global Heat Shrink Tubing And Sleeves Market, Segmentation By Material Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 5: Global Heat Shrink Tubing And Sleeves Market, Segmentation By Length, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

…………

Table 76: HellermannTyton Financial Performance

Table 77: Molex LLC Financial Performance

Table 78: Panduit Corp. Financial Performance

Table 79: Shrink Sleeves Ltd. Financial Performance

Table 80: TE Connectivity Inc. Financial Performance 

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