Global Heat Shrinkable Tube Supply, Demand and Key Producers, 2026-2032

The global Heat Shrinkable Tube market size is expected to reach $ 5717 million by 2032, rising at a market growth of 1.2% CAGR during the forecast period (2026-2032).

Heat shrinkable tube is a shrinkable plastic tube used to insulate wires, providing abrasion resistance and environmental protection for stranded and solid wire conductors, connections, joints and terminals in electrical work. It can also be used to repair the insulation on wires or to bundle them together, to protect wires or small parts from minor abrasion, and to create cable entry seals, offering environmental sealing protection. Heat shrink tubing is ordinarily made of nylon or polyolefin, which shrinks radially (but not longitudinally) when heated, to between one-half and one-sixth of its diameter.

Heat shrink tubing can be made of any one of a range of thermoplastics, including polyolefin, polyvinyl chloride (PVC), Viton® (for high-temp and corrosive environments), Neoprene®, polytetrafluoroethylene (PTFE), fluorinated ethylene propylene (FEP) and Kynar®. In addition to these polymers, some types of special-application heat shrink can also include an adhesive lining that helps to bond the tubing to underlying cables and connectors, forming strong seals that can often be waterproof. Another material that is sometimes added to heat shrink tubing is conductive polymer thick film, which provides an electrical connection between the two or more conductive objects that are being joined by the tubing – without the need to solder them first.

Global Heat Shrinkable Tube key players include TE Connectivity, Sumitomo Electric, DSG-Canus, etc. Global top three manufacturers hold a share over 25%.

North America is the largest market, with a share about 30%, followed by Europe, and China, both have a share over 40 percent.

In terms of product, Polyolefin Type is the largest segment, with a share over 45%. And in terms of application, the largest application is Wire and Cable, followed by Automotive, etc.

This report studies the global Heat Shrinkable Tube production, demand, key manufacturers, and key regions.

This report is a detailed and comprehensive analysis of the world market for Heat Shrinkable Tube and provides market size (US$ million) and Year-over-Year (YoY) Growth, considering 2025 as the base year. This report explores demand trends and competition, as well as details the characteristics of Heat Shrinkable Tube that contribute to its increasing demand across many markets.

Highlights and key features of the study

Global Heat Shrinkable Tube total production and demand, 2021-2032, (M Meter)

Global Heat Shrinkable Tube total production value, 2021-2032, (USD Million)

Global Heat Shrinkable Tube production by region & country, production, value, CAGR, 2021-2032, (USD Million) & (M Meter), (based on production site)

Global Heat Shrinkable Tube consumption by region & country, CAGR, 2021-2032 & (M Meter)

U.S. VS China: Heat Shrinkable Tube domestic production, consumption, key domestic manufacturers and share

Global Heat Shrinkable Tube production by manufacturer, production, price, value and market share 2021-2026, (USD Million) & (M Meter)

Global Heat Shrinkable Tube production by Type, production, value, CAGR, 2021-2032, (USD Million) & (M Meter)

Global Heat Shrinkable Tube production by Application, production, value, CAGR, 2021-2032, (USD Million) & (M Meter)

This report profiles key players in the global Heat Shrinkable Tube market based on the following parameters - company overview, production, value, price, gross margin, product portfolio, geographical presence, and key developments. Key companies covered as a part of this study include TE Connectivity, Sumitomo Electric, DSG-Canus, 3M, Changyuan Group, HellermannTyton, CIAC, Qualtek, Alpha Wire, Insultab, etc.

This report also provides key insights about market drivers, restraints, opportunities, new product launches or approvals.

Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the World Heat Shrinkable Tube market

Detailed Segmentation:

Each section contains quantitative market data including market by value (US$ Millions), volume (production, consumption) & (M Meter) and average price (USD/K Meter) by manufacturer, by Type, and by Application. Data is given for the years 2021-2032 by year with 2025 as the base year, 2026 as the estimate year, and 2027-2032 as the forecast year.

Global Heat Shrinkable Tube Market, By Region:
United States
China
Europe
Japan
South Korea
ASEAN
India
Rest of World

Global Heat Shrinkable Tube Market, Segmentation by Type:
Polyolefin Heat Shrinkable Tube
Fluoropolymer Heat Shrinkable Tube
Chlorinated Polyolefin Heat Shrinkable Tube
Others

Global Heat Shrinkable Tube Market, Segmentation by Application:
Wire and Cable
Automotive
Appliances
Electronic Equipment
Others

Companies Profiled:
TE Connectivity
Sumitomo Electric
DSG-Canus
3M
Changyuan Group
HellermannTyton
CIAC
Qualtek
Alpha Wire
Insultab
Dasheng Group
LG
Panduit
Molex
Woer
Thermosleeve USA
Shrinkflex
Salipt
Yun Lin Electronic
Zeus
Huaxiong Plastic

Key Questions Answered:

1. How big is the global Heat Shrinkable Tube market?

2. What is the demand of the global Heat Shrinkable Tube market?

3. What is the year over year growth of the global Heat Shrinkable Tube market?

4. What is the production and production value of the global Heat Shrinkable Tube market?

5. Who are the key producers in the global Heat Shrinkable Tube market?

6. What are the growth factors driving the market demand? Show more