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Heat Shrink Material-Global Market Insights and Sales Trends 2025
Synopsis
The global Heat Shrink Material market size is expected to reach US$ million by 2029, growing at a CAGR of % from 2023 to 2029. The market is mainly driven by the significant applications of Heat Shrink Material in various end use industries. The expanding demands from the Electronics & Electric Power, High Speed Railway and Automobiles, Aerospace and Other, are propelling Heat Shrink Material market. Heat Shrinkable Sleeves, one of the segments analysed in this report, is projected to record % CAGR and reach US$ million by the end of the analysis period. Growth in the Heat Shrinkable Tubes segment is estimated at % CAGR for the next seven-year period.
Asia Pacific shows high growth potential for Heat Shrink Material market, driven by demand from China, the second largest economy with some signs of stabilising, the Heat Shrink Material market in China is forecast to reach US$ million by 2029, trailing a CAGR of % over the 2023-2029 period, while the U.S. market will reach US$ million by 2029, exhibiting a CAGR of % during the same period.
Report Objectives
This report provides market insight on the different segments, by manufacturers, by Type, by Application. Market size and forecast (2018-2029) has been provided in the report. The primary objectives of this report are to provide 1) global market size and forecasts, growth rates, market dynamics, industry structure and developments, market situation, trends; 2) global market share and ranking by company; 3) comprehensive presentation of the global market for Heat Shrink Material, with both quantitative and qualitative analysis through detailed segmentation; 4) detailed value chain analysis and review of growth factors essential for the existing market players and new entrants; 5) emerging opportunities in the market and the future impact of major drivers and restraints of the market.
Key Features of The Study:
This report provides in-depth analysis of the global Heat Shrink Material market, and provides market size (US$ million) and CAGR for the forecast period (2023-2029), considering 2022 as the base year.
This report profiles key players in the global Heat Shrink Material market based on the following parameters - company details (found date, headquarters, manufacturing bases), products portfolio, Heat Shrink Material sales data, market share and ranking.
This report elucidates potential market opportunities across different segments and explains attractive investment proposition matrices for this market.
This report illustrates key insights about market drivers, restraints, opportunities, market trends, regional outlook.
Key companies of Heat Shrink Material covered in this report include Raychem, Sumitomo Electric, Changyuan Group (CYG), Hongshang, Suzhou Huapeng, Phoenix Technology Group, Shenzhen Xufeng, Jiangsu Weldon and CYG Changtong, etc.
The global Heat Shrink Material market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts.
Market Segmentation
Company Profiles:
Raychem
Sumitomo Electric
Changyuan Group (CYG)
Hongshang
Suzhou Huapeng
Phoenix Technology Group
Shenzhen Xufeng
Jiangsu Weldon
CYG Changtong
Jiangsu Dasheng
Shenzhen Woer Heat Shinkable Materials
Changchun Xianzhong
HuayiCable Accessories
Wuxi EL PONT Group
Raylinks
Global Heat Shrink Material market, by region:
North America (U.S., Canada, Mexico)
Europe (Germany, France, UK, Italy, etc.)
Asia Pacific (China, Japan, South Korea, Southeast Asia, India, etc.)
South America (Brazil, etc.)
Middle East and Africa (Turkey, GCC Countries, Africa, etc.)
Global Heat Shrink Material market, Segment by Type:
Heat Shrinkable Sleeves
Heat Shrinkable Tubes
Heat Shrinkable Cables
Other
Global Heat Shrink Material market, by Application
Electronics & Electric Power
High Speed Railway and Automobiles
Aerospace
Other
Core Chapters
Chapter One: Introduces the study scope of this report, executive summary of market segments by Type, market size segments for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Two: Detailed analysis of Heat Shrink Material manufacturers competitive landscape, price, sales, revenue, market share and ranking, latest development plan, merger, and acquisition information, etc.
Chapter Three: Sales, revenue of Heat Shrink Material in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the future development prospects, and market space in the world.
Chapter Four: Introduces market segments by Application, market size segment for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Five, Six, Seven, Eight and Nine: North America, Europe, Asia Pacific, South America, Middle East & Africa, sales and revenue by country.
Chapter Ten: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter Eleven: Analysis of industrial chain, key raw materials, manufacturing cost, and market dynamics. Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter Twelve: Analysis of sales channel, distributors and customers.
Chapter Thirteen: Research Findings and Conclusion.
The global Heat Shrink Material market size is expected to reach US$ million by 2029, growing at a CAGR of % from 2023 to 2029. The market is mainly driven by the significant applications of Heat Shrink Material in various end use industries. The expanding demands from the Electronics & Electric Power, High Speed Railway and Automobiles, Aerospace and Other, are propelling Heat Shrink Material market. Heat Shrinkable Sleeves, one of the segments analysed in this report, is projected to record % CAGR and reach US$ million by the end of the analysis period. Growth in the Heat Shrinkable Tubes segment is estimated at % CAGR for the next seven-year period.
Asia Pacific shows high growth potential for Heat Shrink Material market, driven by demand from China, the second largest economy with some signs of stabilising, the Heat Shrink Material market in China is forecast to reach US$ million by 2029, trailing a CAGR of % over the 2023-2029 period, while the U.S. market will reach US$ million by 2029, exhibiting a CAGR of % during the same period.
Report Objectives
This report provides market insight on the different segments, by manufacturers, by Type, by Application. Market size and forecast (2018-2029) has been provided in the report. The primary objectives of this report are to provide 1) global market size and forecasts, growth rates, market dynamics, industry structure and developments, market situation, trends; 2) global market share and ranking by company; 3) comprehensive presentation of the global market for Heat Shrink Material, with both quantitative and qualitative analysis through detailed segmentation; 4) detailed value chain analysis and review of growth factors essential for the existing market players and new entrants; 5) emerging opportunities in the market and the future impact of major drivers and restraints of the market.
Key Features of The Study:
This report provides in-depth analysis of the global Heat Shrink Material market, and provides market size (US$ million) and CAGR for the forecast period (2023-2029), considering 2022 as the base year.
This report profiles key players in the global Heat Shrink Material market based on the following parameters - company details (found date, headquarters, manufacturing bases), products portfolio, Heat Shrink Material sales data, market share and ranking.
This report elucidates potential market opportunities across different segments and explains attractive investment proposition matrices for this market.
This report illustrates key insights about market drivers, restraints, opportunities, market trends, regional outlook.
Key companies of Heat Shrink Material covered in this report include Raychem, Sumitomo Electric, Changyuan Group (CYG), Hongshang, Suzhou Huapeng, Phoenix Technology Group, Shenzhen Xufeng, Jiangsu Weldon and CYG Changtong, etc.
The global Heat Shrink Material market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts.
Market Segmentation
Company Profiles:
Raychem
Sumitomo Electric
Changyuan Group (CYG)
Hongshang
Suzhou Huapeng
Phoenix Technology Group
Shenzhen Xufeng
Jiangsu Weldon
CYG Changtong
Jiangsu Dasheng
Shenzhen Woer Heat Shinkable Materials
Changchun Xianzhong
HuayiCable Accessories
Wuxi EL PONT Group
Raylinks
Global Heat Shrink Material market, by region:
North America (U.S., Canada, Mexico)
Europe (Germany, France, UK, Italy, etc.)
Asia Pacific (China, Japan, South Korea, Southeast Asia, India, etc.)
South America (Brazil, etc.)
Middle East and Africa (Turkey, GCC Countries, Africa, etc.)
Global Heat Shrink Material market, Segment by Type:
Heat Shrinkable Sleeves
Heat Shrinkable Tubes
Heat Shrinkable Cables
Other
Global Heat Shrink Material market, by Application
Electronics & Electric Power
High Speed Railway and Automobiles
Aerospace
Other
Core Chapters
Chapter One: Introduces the study scope of this report, executive summary of market segments by Type, market size segments for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Two: Detailed analysis of Heat Shrink Material manufacturers competitive landscape, price, sales, revenue, market share and ranking, latest development plan, merger, and acquisition information, etc.
Chapter Three: Sales, revenue of Heat Shrink Material in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the future development prospects, and market space in the world.
Chapter Four: Introduces market segments by Application, market size segment for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Five, Six, Seven, Eight and Nine: North America, Europe, Asia Pacific, South America, Middle East & Africa, sales and revenue by country.
Chapter Ten: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter Eleven: Analysis of industrial chain, key raw materials, manufacturing cost, and market dynamics. Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter Twelve: Analysis of sales channel, distributors and customers.
Chapter Thirteen: Research Findings and Conclusion.
Index1 Heat Shrink Material Market Overview
1.1 Heat Shrink Material Product Overview
1.2 Heat Shrink Material Market Segment by Type
1.2.1 Heat Shrinkable Sleeves
1.2.2 Heat Shrinkable Tubes
1.2.3 Heat Shrinkable Cables
1.2.4 Other
1.3 Global Heat Shrink Material Market Size by Type
1.3.1 Global Heat Shrink Material Market Size Overview by Type (2018-2029)
1.3.2 Global Heat Shrink Material Historic Market Size Review by Type (2018-2023)
1.3.3 Global Heat Shrink Material Forecasted Market Size by Type (2024-2029)
1.4 Key Regions Market Size Segment by Type
1.4.1 North America Heat Shrink Material Sales Breakdown by Type (2018-2023)
1.4.2 Europe Heat Shrink Material Sales Breakdown by Type (2018-2023)
1.4.3 Asia-Pacific Heat Shrink Material Sales Breakdown by Type (2018-2023)
1.4.4 Latin America Heat Shrink Material Sales Breakdown by Type (2018-2023)
1.4.5 Middle East and Africa Heat Shrink Material Sales Breakdown by Type (2018-2023)
2 Global Heat Shrink Material Market Competition by Company
2.1 Global Top Players by Heat Shrink Material Sales (2018-2023)
2.2 Global Top Players by Heat Shrink Material Revenue (2018-2023)
2.3 Global Top Players by Heat Shrink Material Price (2018-2023)
2.4 Global Top Manufacturers Heat Shrink Material Manufacturing Base Distribution, Sales Area, Product Type
2.5 Heat Shrink Material Market Competitive Situation and Trends
2.5.1 Heat Shrink Material Market Concentration Rate (2018-2023)
2.5.2 Global 5 and 10 Largest Manufacturers by Heat Shrink Material Sales and Revenue in 2022
2.6 Global Top Manufacturers by Company Type (Tier 1, Tier 2 and Tier 3) & (based on the Revenue in Heat Shrink Material as of 2022)
2.7 Date of Key Manufacturers Enter into Heat Shrink Material Market
2.8 Key Manufacturers Heat Shrink Material Product Offered
2.9 Mergers & Acquisitions, Expansion
3 Heat Shrink Material Status and Outlook by Region
3.1 Global Heat Shrink Material Market Size and CAGR by Region: 2018 VS 2022 VS 2029
3.2 Global Heat Shrink Material Historic Market Size by Region
3.2.1 Global Heat Shrink Material Sales in Volume by Region (2018-2023)
3.2.2 Global Heat Shrink Material Sales in Value by Region (2018-2023)
3.2.3 Global Heat Shrink Material Sales (Volume & Value) Price and Gross Margin (2018-2023)
3.3 Global Heat Shrink Material Forecasted Market Size by Region
3.3.1 Global Heat Shrink Material Sales in Volume by Region (2024-2029)
3.3.2 Global Heat Shrink Material Sales in Value by Region (2024-2029)
3.3.3 Global Heat Shrink Material Sales (Volume & Value), Price and Gross Margin (2024-2029)
4 Global Heat Shrink Material by Application
4.1 Heat Shrink Material Market Segment by Application
4.1.1 Electronics & Electric Power
4.1.2 High Speed Railway and Automobiles
4.1.3 Aerospace
4.1.4 Other
4.2 Global Heat Shrink Material Market Size by Application
4.2.1 Global Heat Shrink Material Market Size Overview by Application (2018-2029)
4.2.2 Global Heat Shrink Material Historic Market Size Review by Application (2018-2023)
4.2.3 Global Heat Shrink Material Forecasted Market Size by Application (2024-2029)
4.3 Key Regions Market Size Segment by Application
4.3.1 North America Heat Shrink Material Sales Breakdown by Application (2018-2023)
4.3.2 Europe Heat Shrink Material Sales Breakdown by Application (2018-2023)
4.3.3 Asia-Pacific Heat Shrink Material Sales Breakdown by Application (2018-2023)
4.3.4 Latin America Heat Shrink Material Sales Breakdown by Application (2018-2023)
4.3.5 Middle East and Africa Heat Shrink Material Sales Breakdown by Application (2018-2023)
5 North America Heat Shrink Material by Country
5.1 North America Heat Shrink Material Historic Market Size by Country
5.1.1 North America Heat Shrink Material Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
5.1.2 North America Heat Shrink Material Sales in Volume by Country (2018-2023)
5.1.3 North America Heat Shrink Material Sales in Value by Country (2018-2023)
5.2 North America Heat Shrink Material Forecasted Market Size by Country
5.2.1 North America Heat Shrink Material Sales in Volume by Country (2024-2029)
5.2.2 North America Heat Shrink Material Sales in Value by Country (2024-2029)
6 Europe Heat Shrink Material by Country
6.1 Europe Heat Shrink Material Historic Market Size by Country
6.1.1 Europe Heat Shrink Material Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
6.1.2 Europe Heat Shrink Material Sales in Volume by Country (2018-2023)
6.1.3 Europe Heat Shrink Material Sales in Value by Country (2018-2023)
6.2 Europe Heat Shrink Material Forecasted Market Size by Country
6.2.1 Europe Heat Shrink Material Sales in Volume by Country (2024-2029)
6.2.2 Europe Heat Shrink Material Sales in Value by Country (2024-2029)
7 Asia-Pacific Heat Shrink Material by Region
7.1 Asia-Pacific Heat Shrink Material Historic Market Size by Region
7.1.1 Asia-Pacific Heat Shrink Material Market Size Growth Rate (CAGR) by Region: 2018 VS 2022 VS 2029
7.1.2 Asia-Pacific Heat Shrink Material Sales in Volume by Region (2018-2023)
7.1.3 Asia-Pacific Heat Shrink Material Sales in Value by Region (2018-2023)
7.2 Asia-Pacific Heat Shrink Material Forecasted Market Size by Region
7.2.1 Asia-Pacific Heat Shrink Material Sales in Volume by Region (2024-2029)
7.2.2 Asia-Pacific Heat Shrink Material Sales in Value by Region (2024-2029)
8 Latin America Heat Shrink Material by Country
8.1 Latin America Heat Shrink Material Historic Market Size by Country
8.1.1 Latin America Heat Shrink Material Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
8.1.2 Latin America Heat Shrink Material Sales in Volume by Country (2018-2023)
8.1.3 Latin America Heat Shrink Material Sales in Value by Country (2018-2023)
8.2 Latin America Heat Shrink Material Forecasted Market Size by Country
8.2.1 Latin America Heat Shrink Material Sales in Volume by Country (2024-2029)
8.2.2 Latin America Heat Shrink Material Sales in Value by Country (2024-2029)
9 Middle East and Africa Heat Shrink Material by Country
9.1 Middle East and Africa Heat Shrink Material Historic Market Size by Country
9.1.1 Middle East and Africa Heat Shrink Material Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
9.1.2 Middle East and Africa Heat Shrink Material Sales in Volume by Country (2018-2023)
9.1.3 Middle East and Africa Heat Shrink Material Sales in Value by Country (2018-2023)
9.2 Middle East and Africa Heat Shrink Material Forecasted Market Size by Country
9.2.1 Middle East and Africa Heat Shrink Material Sales in Volume by Country (2024-2029)
9.2.2 Middle East and Africa Heat Shrink Material Sales in Value by Country (2024-2029)
10 Company Profiles
10.1 Raychem
10.1.1 Raychem Company Information
10.1.2 Raychem Introduction and Business Overview
10.1.3 Raychem Heat Shrink Material Sales, Revenue and Gross Margin (2018-2023)
10.1.4 Raychem Heat Shrink Material Products Offered
10.1.5 Raychem Recent Development
10.2 Sumitomo Electric
10.2.1 Sumitomo Electric Company Information
10.2.2 Sumitomo Electric Introduction and Business Overview
10.2.3 Sumitomo Electric Heat Shrink Material Sales, Revenue and Gross Margin (2018-2023)
10.2.4 Sumitomo Electric Heat Shrink Material Products Offered
10.2.5 Sumitomo Electric Recent Development
10.3 Changyuan Group (CYG)
10.3.1 Changyuan Group (CYG) Company Information
10.3.2 Changyuan Group (CYG) Introduction and Business Overview
10.3.3 Changyuan Group (CYG) Heat Shrink Material Sales, Revenue and Gross Margin (2018-2023)
10.3.4 Changyuan Group (CYG) Heat Shrink Material Products Offered
10.3.5 Changyuan Group (CYG) Recent Development
10.4 Hongshang
10.4.1 Hongshang Company Information
10.4.2 Hongshang Introduction and Business Overview
10.4.3 Hongshang Heat Shrink Material Sales, Revenue and Gross Margin (2018-2023)
10.4.4 Hongshang Heat Shrink Material Products Offered
10.4.5 Hongshang Recent Development
10.5 Suzhou Huapeng
10.5.1 Suzhou Huapeng Company Information
10.5.2 Suzhou Huapeng Introduction and Business Overview
10.5.3 Suzhou Huapeng Heat Shrink Material Sales, Revenue and Gross Margin (2018-2023)
10.5.4 Suzhou Huapeng Heat Shrink Material Products Offered
10.5.5 Suzhou Huapeng Recent Development
10.6 Phoenix Technology Group
10.6.1 Phoenix Technology Group Company Information
10.6.2 Phoenix Technology Group Introduction and Business Overview
10.6.3 Phoenix Technology Group Heat Shrink Material Sales, Revenue and Gross Margin (2018-2023)
10.6.4 Phoenix Technology Group Heat Shrink Material Products Offered
10.6.5 Phoenix Technology Group Recent Development
10.7 Shenzhen Xufeng
10.7.1 Shenzhen Xufeng Company Information
10.7.2 Shenzhen Xufeng Introduction and Business Overview
10.7.3 Shenzhen Xufeng Heat Shrink Material Sales, Revenue and Gross Margin (2018-2023)
10.7.4 Shenzhen Xufeng Heat Shrink Material Products Offered
10.7.5 Shenzhen Xufeng Recent Development
10.8 Jiangsu Weldon
10.8.1 Jiangsu Weldon Company Information
10.8.2 Jiangsu Weldon Introduction and Business Overview
10.8.3 Jiangsu Weldon Heat Shrink Material Sales, Revenue and Gross Margin (2018-2023)
10.8.4 Jiangsu Weldon Heat Shrink Material Products Offered
10.8.5 Jiangsu Weldon Recent Development
10.9 CYG Changtong
10.9.1 CYG Changtong Company Information
10.9.2 CYG Changtong Introduction and Business Overview
10.9.3 CYG Changtong Heat Shrink Material Sales, Revenue and Gross Margin (2018-2023)
10.9.4 CYG Changtong Heat Shrink Material Products Offered
10.9.5 CYG Changtong Recent Development
10.10 Jiangsu Dasheng
10.10.1 Jiangsu Dasheng Company Information
10.10.2 Jiangsu Dasheng Introduction and Business Overview
10.10.3 Jiangsu Dasheng Heat Shrink Material Sales, Revenue and Gross Margin (2018-2023)
10.10.4 Jiangsu Dasheng Heat Shrink Material Products Offered
10.10.5 Jiangsu Dasheng Recent Development
10.11 Shenzhen Woer Heat Shinkable Materials
10.11.1 Shenzhen Woer Heat Shinkable Materials Company Information
10.11.2 Shenzhen Woer Heat Shinkable Materials Introduction and Business Overview
10.11.3 Shenzhen Woer Heat Shinkable Materials Heat Shrink Material Sales, Revenue and Gross Margin (2018-2023)
10.11.4 Shenzhen Woer Heat Shinkable Materials Heat Shrink Material Products Offered
10.11.5 Shenzhen Woer Heat Shinkable Materials Recent Development
10.12 Changchun Xianzhong
10.12.1 Changchun Xianzhong Company Information
10.12.2 Changchun Xianzhong Introduction and Business Overview
10.12.3 Changchun Xianzhong Heat Shrink Material Sales, Revenue and Gross Margin (2018-2023)
10.12.4 Changchun Xianzhong Heat Shrink Material Products Offered
10.12.5 Changchun Xianzhong Recent Development
10.13 HuayiCable Accessories
10.13.1 HuayiCable Accessories Company Information
10.13.2 HuayiCable Accessories Introduction and Business Overview
10.13.3 HuayiCable Accessories Heat Shrink Material Sales, Revenue and Gross Margin (2018-2023)
10.13.4 HuayiCable Accessories Heat Shrink Material Products Offered
10.13.5 HuayiCable Accessories Recent Development
10.14 Wuxi EL PONT Group
10.14.1 Wuxi EL PONT Group Company Information
10.14.2 Wuxi EL PONT Group Introduction and Business Overview
10.14.3 Wuxi EL PONT Group Heat Shrink Material Sales, Revenue and Gross Margin (2018-2023)
10.14.4 Wuxi EL PONT Group Heat Shrink Material Products Offered
10.14.5 Wuxi EL PONT Group Recent Development
10.15 Raylinks
10.15.1 Raylinks Company Information
10.15.2 Raylinks Introduction and Business Overview
10.15.3 Raylinks Heat Shrink Material Sales, Revenue and Gross Margin (2018-2023)
10.15.4 Raylinks Heat Shrink Material Products Offered
10.15.5 Raylinks Recent Development
11 Upstream, Opportunities, Challenges, Risks and Influences Factors Analysis
11.1 Heat Shrink Material Key Raw Materials
11.1.1 Key Raw Materials
11.1.2 Key Raw Materials Price
11.1.3 Raw Materials Key Suppliers
11.2 Manufacturing Cost Structure
11.2.1 Raw Materials
11.2.2 Labor Cost
11.2.3 Manufacturing Expenses
11.3 Heat Shrink Material Industrial Chain Analysis
11.4 Heat Shrink Material Market Dynamics
11.4.1 Heat Shrink Material Industry Trends
11.4.2 Heat Shrink Material Market Drivers
11.4.3 Heat Shrink Material Market Challenges
11.4.4 Heat Shrink Material Market Restraints
12 Market Strategy Analysis, Distributors
12.1 Sales Channel
12.2 Heat Shrink Material Distributors
12.3 Heat Shrink Material Downstream Customers
13 Research Findings and Conclusion
14 Appendix
14.1 Research Methodology
14.1.1 Methodology/Research Approach
14.1.2 Data Source
14.2 Author Details
14.3 Disclaimer
Published By : QY Research
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