Market Overview:
The Global Shrink Hood Tubes Market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The market growth is attributed to the increasing demand for shrink hood tubes in various applications such as utilities, chemical, automotive, food and beverage, and others. Polyolefin is the most commonly used material for shrink hood tubes owing to its properties such as high thermal stability and resistance to chemicals. Asia Pacific is expected to be the fastest-growing region during the forecast period due to the growing demand from countries such as China and India.
Product Definition:
Shrink hood tubes are designed to fit over the head and neck of a person, providing a thermal barrier to protect the head and neck from heat exposure. Shrink hood tubes are typically made of neoprene or other heat-resistant materials, and can be used in conjunction with other personal protective equipment (PPE) such as gloves, aprons, and boots. Shrink hood tubes play an important role in protecting workers from burns and injuries caused by exposure to extreme heat.
Polyolefin:
Polyolefin is a polymer, which contains multiple olefin units. Polyolefins are widely used in packaging applications owing to their excellent barrier properties. They offer resistance against moisture, oxygen, carbon dioxide & other gases along with high flexibility at low temperatures.
Polytetrafluoroethylene:
It has excellent chemical resistance to most solvents but is soluble in diethyl ether. PTFE exhibits superior properties such as low friction, high chemical resistance and abrasion at very high temperatures along with the ability to withstand extremely high vacuum conditions.
Application Insights:
The utility application segment accounted for the largest revenue share in 2017 and is projected to expand at a CAGR of XX% over the forecast period. The product has wide applications in water treatment, oil & gas, power generation, petrochemical processing and other sectors such as healthcare and aerospace & defense.
Polyolefin is one of the most widely used materials for manufacturing hoods due to its low cost along with good heat resistance property which makes it suitable for high pressure applications as well.
Regional Analysis:
Asia Pacific is expected to be the fastest-growing region over the forecast period. The growth can be attributed to increasing construction activities in emerging economies such as China and India. In addition, rising demand for shrink tubes from various end-use industries such as electronics, automotive, and others will drive regional market growth during the forecast period.
The Asia Pacific was followed by Europe in terms of revenue with a share of 24.0% in 2017 owing to high product demand from several end-use sectors including medical equipment manufacturing industry and others (automotive industry). North America is projected to witness steady growth over the coming years on account of growing product adoption across major application sectors including aerospace & defense, chemical processing, food processing & packaging among others.
Growth Factors:
- Increasing demand for shrink hood tubes from the automotive industry as a result of the increasing production of automobiles.
- Growing demand for shrink hood tubes from the packaging industry due to their ability to provide an airtight seal and protect products from moisture and dust.
- Rising popularity of shrink hood tubes in food packaging applications, as they help extend product shelf life by preventing spoilage caused by bacteria and other contaminants.
- Increasing use of shrink hood tubes in medical device packaging applications, owing to their ability to protect sensitive medical devices from damage and contamination during transit or storage.
Scope Of The Report
Report Attributes
Report Details
Report Title
Shrink Hood Tubes Market Research Report
By Type
Polyolefin, Polytetrafluoroethylene, Fluorinated Ethylene Propylene, Others
By Application
Utilities, Chemical, Automotive, Food and Beverage, Others (healthcare, aerospace, military industry)
By Companies
Coveris, TE Connectivity, The 3M Company, Sumitomo Electric Industries, Ltd., ABB Group, HellermannTyton, Alpha Wire Company, Shenzhen Woer Heat - Shrinkable Material Co., Ltd., Qualtek Electronics Corporation, Panduit, Zeus, Huizhou Guanghai Electronic Insulation Materials Co.,Ltd., Thermosleeve USA, Insultab, Dasheng Heat Shrinkable Material, Changchun Heat Shrinkable Materials
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
197
Number of Tables & Figures
138
Customization Available
Yes, the report can be customized as per your need.
Global Shrink Hood Tubes Market Report Segments:
The global Shrink Hood Tubes market is segmented on the basis of:
Types
Polyolefin, Polytetrafluoroethylene, Fluorinated Ethylene Propylene, Others
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
Utilities, Chemical, Automotive, Food and Beverage, Others (healthcare, aerospace, military industry)
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:
- Coveris
- TE Connectivity
- The 3M Company
- Sumitomo Electric Industries, Ltd.
- ABB Group
- HellermannTyton
- Alpha Wire Company
- Shenzhen Woer Heat - Shrinkable Material Co., Ltd.
- Qualtek Electronics Corporation
- Panduit
- Zeus
- Huizhou Guanghai Electronic Insulation Materials Co.,Ltd.
- Thermosleeve USA
- Insultab
- Dasheng Heat Shrinkable Material
- Changchun Heat Shrinkable Materials
Highlights of The Shrink Hood Tubes 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:
- Polyolefin
- Polytetrafluoroethylene
- Fluorinated Ethylene Propylene
- Others
- By Application:
- Utilities
- Chemical
- Automotive
- Food and Beverage
- Others (healthcare, aerospace, military industry)
- 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 Shrink Hood Tubes 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?
Shrink Hood Tubes are a type of tubing used in the food industry to reduce the size of food products.
Some of the major players in the shrink hood tubes market are Coveris, TE Connectivity, The 3M Company, Sumitomo Electric Industries, Ltd., ABB Group, HellermannTyton, Alpha Wire Company, Shenzhen Woer Heat - Shrinkable Material Co., Ltd., Qualtek Electronics Corporation, Panduit, Zeus, Huizhou Guanghai Electronic Insulation Materials Co.,Ltd., Thermosleeve USA, Insultab, Dasheng Heat Shrinkable Material, Changchun Heat Shrinkable Materials.
The shrink hood tubes 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 Shrink Hood Tubes 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 Shrink Hood Tubes Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Shrink Hood Tubes 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 Shrink Hood Tubes 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 Shrink Hood Tubes Market Size & Forecast, 2018-2028
4.5.1 Shrink Hood Tubes Market Size and Y-o-Y Growth
4.5.2 Shrink Hood Tubes Market Absolute $ Opportunity
Chapter 5 Global Shrink Hood Tubes 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 Shrink Hood Tubes Market Size Forecast by Type
5.2.1 Polyolefin
5.2.2 Polytetrafluoroethylene
5.2.3 Fluorinated Ethylene Propylene
5.2.4 Others
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Shrink Hood Tubes 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 Shrink Hood Tubes Market Size Forecast by Applications
6.2.1 Utilities
6.2.2 Chemical
6.2.3 Automotive
6.2.4 Food and Beverage
6.2.5 Others (healthcare
6.2.6 aerospace
6.2.7 military industry)
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Shrink Hood Tubes 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 Shrink Hood Tubes 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 Shrink Hood Tubes Analysis and Forecast
9.1 Introduction
9.2 North America Shrink Hood Tubes 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 Shrink Hood Tubes Market Size Forecast by Type
9.6.1 Polyolefin
9.6.2 Polytetrafluoroethylene
9.6.3 Fluorinated Ethylene Propylene
9.6.4 Others
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 Shrink Hood Tubes Market Size Forecast by Applications
9.10.1 Utilities
9.10.2 Chemical
9.10.3 Automotive
9.10.4 Food and Beverage
9.10.5 Others (healthcare
9.10.6 aerospace
9.10.7 military industry)
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 Shrink Hood Tubes Analysis and Forecast
10.1 Introduction
10.2 Europe Shrink Hood Tubes 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 Shrink Hood Tubes Market Size Forecast by Type
10.6.1 Polyolefin
10.6.2 Polytetrafluoroethylene
10.6.3 Fluorinated Ethylene Propylene
10.6.4 Others
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 Shrink Hood Tubes Market Size Forecast by Applications
10.10.1 Utilities
10.10.2 Chemical
10.10.3 Automotive
10.10.4 Food and Beverage
10.10.5 Others (healthcare
10.10.6 aerospace
10.10.7 military industry)
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 Shrink Hood Tubes Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Shrink Hood Tubes 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 Shrink Hood Tubes Market Size Forecast by Type
11.6.1 Polyolefin
11.6.2 Polytetrafluoroethylene
11.6.3 Fluorinated Ethylene Propylene
11.6.4 Others
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 Shrink Hood Tubes Market Size Forecast by Applications
11.10.1 Utilities
11.10.2 Chemical
11.10.3 Automotive
11.10.4 Food and Beverage
11.10.5 Others (healthcare
11.10.6 aerospace
11.10.7 military industry)
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 Shrink Hood Tubes Analysis and Forecast
12.1 Introduction
12.2 Latin America Shrink Hood Tubes 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 Shrink Hood Tubes Market Size Forecast by Type
12.6.1 Polyolefin
12.6.2 Polytetrafluoroethylene
12.6.3 Fluorinated Ethylene Propylene
12.6.4 Others
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 Shrink Hood Tubes Market Size Forecast by Applications
12.10.1 Utilities
12.10.2 Chemical
12.10.3 Automotive
12.10.4 Food and Beverage
12.10.5 Others (healthcare
12.10.6 aerospace
12.10.7 military industry)
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) Shrink Hood Tubes Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Shrink Hood Tubes 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) Shrink Hood Tubes Market Size Forecast by Type
13.6.1 Polyolefin
13.6.2 Polytetrafluoroethylene
13.6.3 Fluorinated Ethylene Propylene
13.6.4 Others
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) Shrink Hood Tubes Market Size Forecast by Applications
13.10.1 Utilities
13.10.2 Chemical
13.10.3 Automotive
13.10.4 Food and Beverage
13.10.5 Others (healthcare
13.10.6 aerospace
13.10.7 military industry)
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 Shrink Hood Tubes Market: Competitive Dashboard
14.2 Global Shrink Hood Tubes Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Coveris
14.3.2 TE Connectivity
14.3.3 The 3M Company
14.3.4 Sumitomo Electric Industries, Ltd.
14.3.5 ABB Group
14.3.6 HellermannTyton
14.3.7 Alpha Wire Company
14.3.8 Shenzhen Woer Heat - Shrinkable Material Co., Ltd.
14.3.9 Qualtek Electronics Corporation
14.3.10 Panduit
14.3.11 Zeus
14.3.12 Huizhou Guanghai Electronic Insulation Materials Co.,Ltd.
14.3.13 Thermosleeve USA
14.3.14 Insultab
14.3.15 Dasheng Heat Shrinkable Material
14.3.16 Changchun Heat Shrinkable Materials
