na heat shrink tubing market

NA Heat Shrink Tubing Market - Industry Trends and Forecast to 2030

  • Published Date: 2023-08-18
  • Report ID: 145455
  • Pages: 250
  • Format: prudent report format

North America heat shrink tubing market is projected to register with a CAGR of 6.2% from 2023 to 2030. The new market report contains data for the historic year 2021, the base year of calculation is 2022, and the forecast period from 2023 to 2030.


Market Segmentation:

North America Heat Shrink Tubing Market, By Type (Single Wall and Dual Wall), Product Type (Spools, Pre-Cut Length, and Others), Voltage (Low, Medium, and High), Shrink Ratio (2:01, 3:01, 4:01, 6:01, and Others), Material (Polyolefin, Perfluoroalkoxy Alkanes (PFA), Polytetrafluoroethylene (PTFE), Fluorinated Ethylene Propylene (FEP), Ethylene Tetrafluoroethylene (ETFE), Polyetheretherketone (PEEK), and Others), End-User (Utilities, IT & Telecommunication, Automotive, Electronics, Aerospace, Healthcare, Oil & Gas, Marine, Food & Beverages, Construction, Chemical, and Others), Country (U.S., Canada, and Mexico), Industry Trends and Forecast to 2030.

Overview of North America Heat Shrink Tubing Market Dynamics:

Driver
Number and penetration of electric vehicle


Restraint

Involvement of plastic has direct impact on the cost

Opportunity

Wide adoption of heat shrink tube in various industry


Market Players

Some of the major players operating in the North America heat shrink tubing market are:

TE Connectivity
Sumitomo Electric Industries, Ltd.
Molex
ABB
Prysmian Group
Shenzhen Woer Heat - Shrinkable Material Co., Ltd.
HellermannTyton
Zeus Company Inc.
SHAWCOR
3M
Alpha Wire
Techflex, Inc.
Panduit
Qualtek Electronics Corp.
Changyuan Electronics (Dongguan) Co., Ltd.
GREMCO GmbH


TABLE OF CONTENTS
1 INTRODUCTION 27
1.1 OBJECTIVES OF THE STUDY 27
1.2 MARKET DEFINITION 27
1.3 OVERVIEW OF THE NORTH AMERICA HEAT SHRINK TUBING MARKET 27
1.4 CURRENCY AND PRICING 29
1.5 LIMITATIONS 29
1.6 MARKETS COVERED 29
2 MARKET SEGMENTATION 33
2.1 MARKETS COVERED 33
2.2 GEOGRAPHICAL SCOPE 34
2.3 YEARS CONSIDERED FOR THE STUDY 35
2.4 DBMR TRIPOD DATA VALIDATION MODEL 36
2.5 PRIMARY INTERVIEWS WITH KEY OPINION LEADERS 39
2.6 DBMR MARKET POSITION GRID 40
2.7 VENDOR SHARE ANALYSIS 42
2.8 MULTIVARIATE MODELING 43
2.9 TYPE TIMELINE CURVE 44
2.10 MARKET END-USER COVERAGE GRID 45
2.11 SECONDARY SOURCES 46
2.12 ASSUMPTIONS 46
3 EXECUTIVE SUMMARY 47
4 PREMIUM INSIGHTS 50
5 MARKET OVERVIEW 51
5.1 DRIVERS 53
5.1.1 ROLE OF THE GOVERNMENT IN SUPPORTING AND EXPANSION OF TRANSMISSION & DISTRIBUTION SYSTEMS IN THE HEAT SHRINK TUBING MARKET ACROSS THE REGION 53
5.1.2 INCREASE IN THE CAPACITY FOR POWER GENERATION ACROSS THE GLOBE 54
5.1.3 RISING USAGE OF PRODUCTS WITH ADVANCED INFRASTRUCTURE AND TECHNOLOGY 56
5.1.4 INCREASING PENETRATION OF ELECTRIC VEHICLES 57
5.2 RESTRAINTS 59
5.2.1 GOVERNMENT REGULATION ON THE EMISSION OF TOXIC GASES 59
5.2.2 PRODUCTION CHALLENGES IN THE LEAST DEVELOPED COUNTRIES 60
5.2.3 INVOLVEMENT OF PLASTIC HAS A DIRECT IMPACT ON THE COST AS WELL AS THE ENVIRONMENT 61
5.3 OPPORTUNITIES 62
5.3.1 WIDE ADOPTION OF HEAT SHRINK TUBES IN VARIOUS INDUSTRIES 62
5.3.2 EASY PRODUCTION OF THE HEAT-SHRINKABLE TUBING 63
5.3.3 AUTOMATING A HEAT SHRINK TUBING PROCESS 64
5.4 CHALLENGES 65
5.4.1 RISING PRICES OF RAW MATERIALS FOR TUBING 65
5.4.2 POOR INSTALLATION OF HEAT-SHRINK TUBES 67
5.4.3 AVAILABILITY OF ALTERNATIVE AND INEXPENSIVE PRODUCTS IN THE MARKET 69
6 NORTH AMERICA HEAT SHRINK TUBING MARKET, BY TYPE 71
6.1 OVERVIEW 72
6.2 SINGLE WALL 73
6.3 DUAL WALL 74
7 NORTH AMERICA HEAT SHRINK TUBING MARKET, BY PRODUCT TYPE 75
7.1 OVERVIEW 76
7.2 SPOOLS 77
7.3 PRE-CUT LENGTH 78
7.4 OTHERS 79
8 NORTH AMERICA HEAT SHRINK TUBING MARKET, BY VOLTAGE 80
8.1 OVERVIEW 81
8.2 LOW 82
8.3 MEDIUM 83
8.4 HIGH 84
9 NORTH AMERICA HEAT SHRINK TUBING MARKET, BY MATERIAL 85
9.1 OVERVIEW 86
9.2 POLYOLEFIN 87
9.3 PERFLUOROALKOXY ALKANES (PFA) 88
9.4 POLYTETRAFLUOROETHYLENE (PTFE) 88
9.5 FLUORINATED ETHYLENE PROPYLENE (FEP) 89
9.6 ETHYLENE TETRAFLUOROETHYLENE (ETFE) 90
9.7 POLYETHER ETHER KETONE (PEEK) 90
9.8 OTHERS 91
10 NORTH AMERICA HEAT SHRINK TUBING MARKET, BY SHRINK RATIO 92
10.1 OVERVIEW 93
10.2 2:01 94
10.3 3:01 95
10.4 4:01 95
10.5 6:01 96
10.6 OTHERS 97
11 NORTH AMERICA HEAT SHRINK TUBING MARKET, BY END-USER 98
11.1 OVERVIEW 99
11.2 UTILITIES 101
11.3 IT AND TELECOMMUNICATION 101
11.4 AUTOMOTIVE 102
11.5 ELECTRONICS 103
11.5.1 COMMERCIAL/INDUSTRIAL 103
11.5.2 CONSUMER PRODUCT 103
11.6 AEROSPACE 104
11.7 HEALTHCARE 104
11.8 OIL AND GAS 105
11.9 MARINE 106
11.10 FOOD AND BEVERAGES 106
11.11 CONSTRUCTION 107
11.11.1 COMMERCIAL 108
11.11.2 RESIDENTIAL 108
11.12 CHEMICAL 108
11.13 OTHERS 109
12 NORTH AMERICA HEAT SHRINK TUBING MARKET, BY REGION 110
12.1 NORTH AMERICA 111
12.1.1 U.S. 118
12.1.2 CANADA 121
12.1.3 MEXICO 124
13 NORTH AMERICA HEAT SHRINK TUBING MARKET: COMPANY LANDSCAPE 127
13.1 COMPANY SHARE ANALYSIS: NORTH AMERICA 127
14 SWOT ANALYSIS 128
15 COMPANY PROFILES 129
15.1 TE CONNECTIVITY 129
15.1.1 COMPANY SNAPSHOT 129
15.1.2 REVENUE ANALYSIS 129
15.1.3 COMPANY SHARE ANALYSIS 130
15.1.4 PRODUCT PORTFOLIO 130
15.1.5 RECENT DEVELOPMENTS 133
15.2 SUMITOMO ELECTRIC INDUSTRIES, LTD. 135
15.2.1 COMPANY SNAPSHOT 135
15.2.2 REVENUE ANALYSIS 135
15.2.3 COMPANY SHARE ANALYSIS 136
15.2.4 PRODUCT PORTFOLIO 136
15.2.5 RECENT DEVELOPMENTS 137
15.3 MOLEX 138
15.3.1 COMPANY SNAPSHOT 138
15.3.2 COMPANY SHARE ANALYSIS 138
15.3.3 PRODUCT PORTFOLIO 139
15.3.4 RECENT DEVELOPMENTS 140
15.4 ABB 141
15.4.1 COMPANY SNAPSHOT 141
15.4.2 REVENUE ANALYSIS 141
15.4.3 COMPANY SHARE ANALYSIS 142
15.4.4 PRODUCT PORTFOLIO 142
15.4.5 RECENT DEVELOPMENTS 147
15.5 PRYSMIAN GROUP 148
15.5.1 COMPANY SNAPSHOT 148
15.5.2 REVENUE ANALYSIS 148
15.5.3 COMPANY SHARE ANALYSIS 149
15.5.4 PRODUCT PORTFOLIO 149
15.5.5 RECENT DEVELOPMENTS 150
15.6 3M 151
15.6.1 COMPANY SNAPSHOT 151
15.6.2 REVENUE ANALYSIS 151
15.6.3 PRODUCT PORTFOLIO 152
15.6.4 RECENT DEVELOPMENTS 152
15.7 ALPHA WIRE 153
15.7.1 COMPANY SNAPSHOT 153
15.7.2 PRODUCT PORTFOLIO 153
15.7.3 RECENT DEVELOPMENTS 154
15.8 CHANGYUAN ELECTRONICS (DONGGUAN) CO., LTD. 155
15.8.1 COMPANY SNAPSHOT 155
15.8.2 PRODUCT PORTFOLIO 155
15.8.3 RECENT DEVELOPMENT 156
15.9 DASHENG GROUP 157
15.9.1 COMPANY SNAPSHOT 157
15.9.2 COMPANY PORTFOLIO 157
15.9.3 RECENT DEVELOPMENT 157
15.10 DUNBAR PRODUCTS, LLC. 158
15.10.1 COMPANY SNAPSHOT 158
15.10.2 PRODUCT PORTFOLIO 158
15.10.3 RECENT DEVELOPMENTS 159
15.11 GREMCO GMBH 160
15.11.1 COMPANY SNAPSHOT 160
15.11.2 PRODUCT PORTFOLIO 160
15.11.3 RECENT DEVELOPMENTS 162
15.12 HELLERMANNTYTON 163
15.12.1 COMPANY SNAPSHOT 163
15.12.2 PRODUCT PORTFOLIO 163
15.12.3 RECENT DEVELOPMENTS 165
15.13 HILLTOP 166
15.13.1 COMPANY SNAPSHOT 166
15.13.2 PRODUCT PORTFOLIO 166
15.13.3 RECENT DEVELOPMENTS 168
15.14 HUIZHOU GUANGHAI ELECTRONIC INSULATION MATERIALS CO., LTD. 169
15.14.1 COMPANY SNAPSHOT 169
15.14.2 PRODUCT PORTFOLIO 169
15.14.3 RECENT DEVELOPMENT 171
15.15 PANDUIT 172
15.15.1 COMPANY SNAPSHOT 172
15.15.2 PRODUCT PORTFOLIO 172
15.15.3 RECENT DEVELOPMENTS 173
15.16 PEXCO 174
15.16.1 COMPANY SNAPSHOT 174
15.16.2 PRODUCT PORTFOLIO 174
15.16.3 RECENT DEVELOPMENTS 175
15.17 QUALTEK ELECTRONICS CORP 177
15.17.1 COMPANY SNAPSHOT 177
15.17.2 PRODUCT PORTFOLIO 177
15.17.3 RECENT DEVELOPMENT 179
15.18 SHAWCOR 180
15.18.1 COMPANY SNAPSHOT 180
15.18.2 REVENUE ANALYSIS 180
15.18.3 PRODUCT PORTFOLIO 181
15.18.4 RECENT DEVELOPMENTS 182
15.19 SHENZHEN WOER HEAT - SHRINKABLE MATERIAL CO., LTD. 183
15.19.1 COMPANY SNAPSHOT 183
15.19.2 PRODUCT PORTFOLIO 183
15.19.3 RECENT DEVELOPMENTS 184
15.20 TECHFLEX, INC. 185
15.20.1 COMPANY SNAPSHOT 185
15.20.2 PRODUCT PORTFOLIO 185
15.20.3 RECENT DEVELOPMENT 186
15.21 THERMOSLEEVE USA 187
15.21.1 COMPANY SNAPSHOT 187
15.21.2 PRODUCT PORTFOLIO 187
15.21.3 RECENT DEVELOPMENTS 189
15.22 ZEUS INDUSTRIAL PRODUCTS, INC. 190
15.22.1 COMPANY SNAPSHOT 190
15.22.2 PRODUCT PORTFOLIO 190
15.22.3 RECENT DEVELOPMENTS 191
16 QUESTIONNAIRE 192
17 RELATED REPORTS 197
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