Market Overview:
The global heat shrinkable sleeve market is expected to grow at a CAGR of 5.5% from 2018 to 2030. The growth in the market can be attributed to the increasing demand for heat shrinkable sleeves in various applications, such as residential, industrial, automobile, and others. PVC heat shrinkable sleeve is the most commonly used type of heat shrinkable sleeve and is expected to dominate the market during the forecast period. Asia Pacific is expected to be the fastest-growing region in terms of revenue during the forecast period.
Product Definition:
A heat shrinkable sleeve is a type of tubing that shrinks in diameter when heated. This type of tubing is often used to insulate wires and cables, as well as to protect them from the elements.
PVC Heat Shrinkable Sleeve:
PVC heat shrinkable sleeve is a kind of packaging product which is widely used for electrical wires and cables. It's main function is to protect the wire or cable from external heat and cold. PVC heat shrinkable sleeve has more advantages than traditional materials such as rubber, plastic bags, etc., it not only protects the insulation but also maintains its flexibility over a wide range of temperatures.
PET Heat Shrinkable Sleeve:
The PET (Polyethylene Terephthalate) heat shrinkable sleeve is a kind of packaging product that is widely used for packaging various electronic and electrical devices. The product has high thermal resistance, flexibility at low temperatures, excellent mechanical strength, and good chemical resistance. It also has superior temperature control capabilities during shipping & storage as well as during use.
Application Insights:
The application segment includes residential, industrial, automobile and other applications. Residential was the largest application segment in 2016 and is expected to continue leading over the forecast period. The sleeve is widely used in household appliances such as washing machines, tumble dryers among others. It provides protection against electrical shocks and also helps extend the life of appliance by shrinking its size after use.
Heat shrinkable sleeves are used for insulation purposes in industries including food & beverage processing, chemical manufacturing among others which require heat resistant products with high temperature resistance range of 300°C to 382°C (572°F to 748°F). These types of products are required for a wide range of processes including bottling/canning where bottles or cans need to be heated/cooled rapidly without any damage being caused during process time or product quality being affected at all.
Regional Analysis:
North America dominated the global market in 2017 owing to the presence of a large number of manufacturers and exporters. The U.S., being one of the most developed countries, is also home to some of the major industry participants operating in this sector. Europe is expected to be another key regional market on account Sleeve Technology GmbH, a Germany-based company that manufactures and sells heat shrinkable sleeves under various brand names including Heat Shrink Media (HSM), Heatshrink, and HSM International Ltd.
Asia Pacific region is anticipated to witness significant growth over the forecast period owing to increasing demand from end-use industries such as electrical & electronics, automotive etc.
Growth Factors:
- Increasing demand from electrical and electronics industry
- Rising demand for heat shrinkable sleeves in automotive sector
- Growing popularity of heat shrinkable sleeves in medical and pharmaceutical sector
- Rising awareness about benefits of using heat shrinkable sleeves among consumers
- Technological advancements in the manufacturing process of heat shrinkable sleeve
Scope Of The Report
Report Attributes
Report Details
Report Title
Heat Shrinkable Sleeve Market Research Report
By Type
PVC Heat Shrinkable Sleeve, PET Heat Shrinkable Sleeve, Heat Shrinkable Sleeve with Adhesive
By Application
Residential, Industrial, Automobile, Others
By Companies
HellermannTyton, Seal For Life Industries, Gala Thermo Shrink PVT. LTD, Stepko Products, Dali Electronics, Uday Trading Company, Mobile Pipe Lining and Coatin, Holscot Europe, Raychem Rpg, KSS, Powermat, Qixiu Electric Co.,Ltd, Shenzhen Woer Heat-shrinkable Material Co.,Ltd., Suzhou Huapeng Heat Shrinkable Materials Co., LTD
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
232
Number of Tables & Figures
163
Customization Available
Yes, the report can be customized as per your need.
Global Heat Shrinkable Sleeve Market Report Segments:
The global Heat Shrinkable Sleeve market is segmented on the basis of:
Types
PVC Heat Shrinkable Sleeve, PET Heat Shrinkable Sleeve, Heat Shrinkable Sleeve with Adhesive
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Residential, Industrial, Automobile, Others
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- HellermannTyton
- Seal For Life Industries
- Gala Thermo Shrink PVT. LTD
- Stepko Products
- Dali Electronics
- Uday Trading Company
- Mobile Pipe Lining and Coatin
- Holscot Europe
- Raychem Rpg
- KSS
- Powermat
- Qixiu Electric Co.,Ltd
- Shenzhen Woer Heat-shrinkable Material Co.,Ltd.
- Suzhou Huapeng Heat Shrinkable Materials Co., LTD
Highlights of The Heat Shrinkable Sleeve Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- PVC Heat Shrinkable Sleeve
- PET Heat Shrinkable Sleeve
- Heat Shrinkable Sleeve with Adhesive
- By Application:
- Residential
- Industrial
- Automobile
- Others
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Heat Shrinkable Sleeve Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Heat Shrinkable Sleeve is a sleeve made of heat-shrinkable material that can be shrunk to fit around an object. It is often used in manufacturing to protect delicate equipment from damage.
Some of the key players operating in the heat shrinkable sleeve market are HellermannTyton, Seal For Life Industries, Gala Thermo Shrink PVT. LTD, Stepko Products, Dali Electronics, Uday Trading Company, Mobile Pipe Lining and Coatin, Holscot Europe, Raychem Rpg, KSS, Powermat, Qixiu Electric Co.,Ltd, Shenzhen Woer Heat-shrinkable Material Co.,Ltd., Suzhou Huapeng Heat Shrinkable Materials Co., LTD.
The heat shrinkable sleeve market is expected to grow at a compound annual growth rate of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Heat Shrinkable Sleeve Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Heat Shrinkable Sleeve Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Heat Shrinkable Sleeve Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Heat Shrinkable Sleeve Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Heat Shrinkable Sleeve Market Size & Forecast, 2018-2028
4.5.1 Heat Shrinkable Sleeve Market Size and Y-o-Y Growth
4.5.2 Heat Shrinkable Sleeve Market Absolute $ Opportunity
Chapter 5 Global Heat Shrinkable Sleeve Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Heat Shrinkable Sleeve Market Size Forecast by Type
5.2.1 PVC Heat Shrinkable Sleeve
5.2.2 PET Heat Shrinkable Sleeve
5.2.3 Heat Shrinkable Sleeve with Adhesive
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Heat Shrinkable Sleeve Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Heat Shrinkable Sleeve Market Size Forecast by Applications
6.2.1 Residential
6.2.2 Industrial
6.2.3 Automobile
6.2.4 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Heat Shrinkable Sleeve Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Heat Shrinkable Sleeve Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Heat Shrinkable Sleeve Analysis and Forecast
9.1 Introduction
9.2 North America Heat Shrinkable Sleeve Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Heat Shrinkable Sleeve Market Size Forecast by Type
9.6.1 PVC Heat Shrinkable Sleeve
9.6.2 PET Heat Shrinkable Sleeve
9.6.3 Heat Shrinkable Sleeve with Adhesive
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Heat Shrinkable Sleeve Market Size Forecast by Applications
9.10.1 Residential
9.10.2 Industrial
9.10.3 Automobile
9.10.4 Others
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Heat Shrinkable Sleeve Analysis and Forecast
10.1 Introduction
10.2 Europe Heat Shrinkable Sleeve Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Heat Shrinkable Sleeve Market Size Forecast by Type
10.6.1 PVC Heat Shrinkable Sleeve
10.6.2 PET Heat Shrinkable Sleeve
10.6.3 Heat Shrinkable Sleeve with Adhesive
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Heat Shrinkable Sleeve Market Size Forecast by Applications
10.10.1 Residential
10.10.2 Industrial
10.10.3 Automobile
10.10.4 Others
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Heat Shrinkable Sleeve Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Heat Shrinkable Sleeve Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Heat Shrinkable Sleeve Market Size Forecast by Type
11.6.1 PVC Heat Shrinkable Sleeve
11.6.2 PET Heat Shrinkable Sleeve
11.6.3 Heat Shrinkable Sleeve with Adhesive
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Heat Shrinkable Sleeve Market Size Forecast by Applications
11.10.1 Residential
11.10.2 Industrial
11.10.3 Automobile
11.10.4 Others
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Heat Shrinkable Sleeve Analysis and Forecast
12.1 Introduction
12.2 Latin America Heat Shrinkable Sleeve Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Heat Shrinkable Sleeve Market Size Forecast by Type
12.6.1 PVC Heat Shrinkable Sleeve
12.6.2 PET Heat Shrinkable Sleeve
12.6.3 Heat Shrinkable Sleeve with Adhesive
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Heat Shrinkable Sleeve Market Size Forecast by Applications
12.10.1 Residential
12.10.2 Industrial
12.10.3 Automobile
12.10.4 Others
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Heat Shrinkable Sleeve Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Heat Shrinkable Sleeve Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Heat Shrinkable Sleeve Market Size Forecast by Type
13.6.1 PVC Heat Shrinkable Sleeve
13.6.2 PET Heat Shrinkable Sleeve
13.6.3 Heat Shrinkable Sleeve with Adhesive
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Heat Shrinkable Sleeve Market Size Forecast by Applications
13.10.1 Residential
13.10.2 Industrial
13.10.3 Automobile
13.10.4 Others
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Heat Shrinkable Sleeve Market: Competitive Dashboard
14.2 Global Heat Shrinkable Sleeve Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 HellermannTyton
14.3.2 Seal For Life Industries
14.3.3 Gala Thermo Shrink PVT. LTD
14.3.4 Stepko Products
14.3.5 Dali Electronics
14.3.6 Uday Trading Company
14.3.7 Mobile Pipe Lining and Coatin
14.3.8 Holscot Europe
14.3.9 Raychem Rpg
14.3.10 KSS
14.3.11 Powermat
14.3.12 Qixiu Electric Co.,Ltd
14.3.13 Shenzhen Woer Heat-shrinkable Material Co.,Ltd.
14.3.14 Suzhou Huapeng Heat Shrinkable Materials Co., LTD
