Industries > Energy > Heat Shrink Tubing Market Report 2019-2029

Heat Shrink Tubing Market Report 2019-2029

Forecasts by Voltage (Low, Medium, and High), Material (Polyolefin, Polytetrafluoroethylene, Fluorinated Ethylene Propylene), End-User (Utilities, Chemical, Automotive, Food & Beverage), by Region and Analysis of Leading Companies

PAGES:
PRODUCT CODE: ENE0297
SUBMARKET: Energy

Clear
WOOCS 2.2.1
SKU: ENE0297 Categories: , Tag:

Factors Driving the Market Growth:

Development of transmission and distribution network in developing economies
Many developing and developed economies around the globe are making attempts to modernize and increase transmission and distribution networks by enhancing the infrastructure for electrical transmission. This will ensure better integration into the grid among renewable energy sources, catalyzing the shift to clean energy. With such projects, there has been a considerable increase in demand for repair and maintenance of electrical transmission lines in many nations, which is further expected to increase demand for insulating products such as heat shrink tubing and sleeves that contribute to cable and wiring preventive maintenance. In addition, many developing nations focus on upgrading their age old technology, which is expected to further enhance the development of the market for heat shrink tubing and sleeves over the forecast period.

Rising demand for electricity
With expanding population and urbanization globally, energy demand is expected to rise significantly in the coming years. The demand for electricity is expected to double by the end of 2060, according to a research. Such factors are expected to drive the demand for electrical cables and wires, which is supposed to increase the demand for heat shrink tubing market.

Factors Restraining the Market Growth:
– Availability of cheap materials
The presence of gray markets globally is one of the major factors restricting the growth of the market. Low quality heat shrink tubes are made available in these parallel markets which cause great revenue losses for the overall global heat shrink tubing market.

Market Segmentation 2019-2029:
The Heat Shrink Tubing Market is segmented on the Voltage, Material, End-user, and Regional basis.

Voltage
– Low
– Medium
– High

Material
– Polyolefin
– Polytetrafluoroethylene
– Fluorinated Ethylene Propylene

End-user
– Utilities
– Chemical
– Automotive
– Food & Beverage

Regional Breakdown
Focused regional forecasts and analysis explore the future opportunities:
– North America
– Europe
– Asia-Pacific
– LAMEA

Competitive Analysis:
– Global heat shrink tubing competitive environment is expected to be moderate over the period ranging 2019 – 2029 by virtue of limited manufacturers operating in this industry
– The market competition is expected to be on the basis of new product development and product pricing.

Major Market Players:
TE Connectivity, Zeus Industrial Products, Inc., The 3M Company, DSG-Canusa GmbH, Changyuan Group, Ltd., HellermannTyton, Qualtek Energy Corporation, Alpha Wire, Insultab, Dasheng Group, Molex, LLC, Shenzhen Woer Heat-Shrinkable Material Co., Ltd., Techflex, Inc., Dongguan Salipt Co.,Ltd, Taiwan Yun Lin Electronic Co., Ltd. and Sumitomo Electric Industries, Ltd.

Visiongain is a trading partner with the US Federal Government
CCR Ref number: KD4R6

Do you have any custom requirements we can help you with? Any need for specific country, geo region, market segment or specific company information? Contact us today, we can discuss your needs and see how we can help: sara.peerun@visiongain.com

Download sample pages

Complete the form below to download your free sample pages for Heat Shrink Tubing Market Report 2019-2029


Download sample pages

Complete the form below to download your free sample pages for Heat Shrink Tubing Market Report 2019-2029


Latest Energy news

Visiongain publishes Green (Renewable) Diesel Market Report 2020-2030

Visiongain’s global green diesel market report can keep you informed and up to date with the developments in the market, across four different regions: North America, Europe, Asia-Pacific, Middle East & Africa, and Latin America.

17 June 2020

READ

Visiongain publishes Grid-Scale Battery Storage Technologies Market Report 2020-2030

The grid-scale battery storage technologies market is expected to witness a high growth on account of due to smart grid investments, large investments in renewable energy and T&D transmission network integration.

17 June 2020

READ

Visiongain publishes Electric Insulator Market Report 2020-2030

There are hundreds of companies who manufactures electric insulators over the next decade, or who provide consultancy, engineering and other services to the Power industry. Therefore, the following list of companies is by no means exhaustive.

03 June 2020

READ

“Electric Power Transmission & Distribution (T&D) Infrastructure market will generate over $301.1bn in 2020” says new Visiongain report

Electric Power T&D Infrastructure market is expected to witness a high growth on account of ongoing government plans toward expansion of transmission and distribution network. Increasing measures by the government to facilitate efficient and reliable electrification benefits and decentralised electricity supply will boost the demand for Electric Power T&D Infrastructure globally.

22 May 2020

READ

Categories

Category