2018-2023 Global Heat Shrinkable Tube Consumption Market Report
NxtGen Reports recently added a new market research report in its offerings titled, "2018-2023 Global Heat Shrinkable Tube Consumption Market Report".
(EMAILWIRE.COM, October 17, 2018 ) This report covers the present scenario (with the base year being 2017) and the growth prospects of global Heat Shrinkable Tube market for 2018-2023.
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.
In consumption market, the growth rate of global consumption is smooth relatively with the 3-4% of average growth rate. China and USA are still the mainly consumption regions due to the advanced production technology and rapid development of economy.
Heat shrinkable tubes are refers to different types. It can be widely used in many industries. Survey results showed that 56.02% of the heat shrinkable tube market is wire and cable, 21.68% is automotive industry, 11.18% is appliances industry, 5.70% is electronic equipment industry and 5.42% divided among other industries. With the development of economy, these industries will need more heat shrinkable tube. So, heat shrinkable tube has a huge market potential in the future.
The major raw material for heat shrinkable tube is polymer. It 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®. On the global market, supply of raw materials is full. Fluctuations in the price of the upstream product will impact on the production cost of copper powder industry.
We tend to believe this industry is an emerging industry, and the consumption increasing degree will show a smooth growth curve. For product prices, the slow downward trend in recent years will maintain in the future as competition intensifies. Besides, prices gap between different brands will go narrowing gradually. Also, there will be fluctuation in gross margin.
Over the next five years, this report projects that Heat Shrinkable Tube will register a 1.2% CAGR in terms of revenue, reach US$ 5060 million by 2023, from US$ 4710 million in 2017.
This report presents a comprehensive overview, market shares, and growth opportunities of Heat Shrinkable Tube market by product type, application, key manufacturers and key regions.
To calculate the market size, this report considers value and volume generated from the sales of the following segments:
Segmentation by product type:
Polyolefin Heat Shrinkable Tube
Fluoropolymer Heat Shrinkable Tube
Chlorinated Polyolefin Heat Shrinkable Tube
Others
Segmentation by application:
Wire and Cable
Automotive
Appliances
Electronic Equipment
Others
This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Spain
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The report also presents the market competition landscape and a corresponding detailed analysis of the major vendor/manufacturers in the market. The key manufacturers covered in this report:
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
In addition, this report discusses the key drivers influencing market growth, opportunities, the challenges and the risks faced by key manufacturers and the market as a whole. It also analyzes key emerging trends and their impact on present and future development.
Research objectives
To study and analyze the global Heat Shrinkable Tube consumption (value & volume) by key regions/countries, product type and application, history data from 2013 to 2017, and forecast to 2023.
To understand the structure of Heat Shrinkable Tube market by identifying its various subsegments.
Focuses on the key global Heat Shrinkable Tube manufacturers, to define, describe and analyze the sales volume, value, market share, market competition landscape, SWOT analysis and development plans in next few years.
To analyze the Heat Shrinkable Tube with respect to individual growth trends, future prospects, and their contribution to the total market.
To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).
To project the consumption of Heat Shrinkable Tube submarkets, with respect to key regions (along with their respective key countries).
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
To strategically profile the key players and comprehensively analyze their growth strategies.
To get Free Sample or to Buy this report at discounted price visit: https://www.nxtgenreports.com/market-research-reports/2018-2023-global-heat-shrinkable-tube-consumption
If you have any special requirements, kindly Contact Us and we will offer you the report as you want.
About NxtGen Reports: NxtGen Reports delivers strategic market research reports, industry analysis, business research and forecasts on product, services and companies. We understand the need of our customers and keep our market research reports up to date. Our reports are very well organized enabling our customers to identify and get access easily. We also offer customized discounts based on your expectations.
Contact Information:
Madhuri Vetal
NxtGen Reports
Email: sales@nxtgenreports.com
Phone: +918551022388
More Report at: https://www.nxtgenreports.com/market-research-reports
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.
In consumption market, the growth rate of global consumption is smooth relatively with the 3-4% of average growth rate. China and USA are still the mainly consumption regions due to the advanced production technology and rapid development of economy.
Heat shrinkable tubes are refers to different types. It can be widely used in many industries. Survey results showed that 56.02% of the heat shrinkable tube market is wire and cable, 21.68% is automotive industry, 11.18% is appliances industry, 5.70% is electronic equipment industry and 5.42% divided among other industries. With the development of economy, these industries will need more heat shrinkable tube. So, heat shrinkable tube has a huge market potential in the future.
The major raw material for heat shrinkable tube is polymer. It 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®. On the global market, supply of raw materials is full. Fluctuations in the price of the upstream product will impact on the production cost of copper powder industry.
We tend to believe this industry is an emerging industry, and the consumption increasing degree will show a smooth growth curve. For product prices, the slow downward trend in recent years will maintain in the future as competition intensifies. Besides, prices gap between different brands will go narrowing gradually. Also, there will be fluctuation in gross margin.
Over the next five years, this report projects that Heat Shrinkable Tube will register a 1.2% CAGR in terms of revenue, reach US$ 5060 million by 2023, from US$ 4710 million in 2017.
This report presents a comprehensive overview, market shares, and growth opportunities of Heat Shrinkable Tube market by product type, application, key manufacturers and key regions.
To calculate the market size, this report considers value and volume generated from the sales of the following segments:
Segmentation by product type:
Polyolefin Heat Shrinkable Tube
Fluoropolymer Heat Shrinkable Tube
Chlorinated Polyolefin Heat Shrinkable Tube
Others
Segmentation by application:
Wire and Cable
Automotive
Appliances
Electronic Equipment
Others
This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Spain
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The report also presents the market competition landscape and a corresponding detailed analysis of the major vendor/manufacturers in the market. The key manufacturers covered in this report:
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
In addition, this report discusses the key drivers influencing market growth, opportunities, the challenges and the risks faced by key manufacturers and the market as a whole. It also analyzes key emerging trends and their impact on present and future development.
Research objectives
To study and analyze the global Heat Shrinkable Tube consumption (value & volume) by key regions/countries, product type and application, history data from 2013 to 2017, and forecast to 2023.
To understand the structure of Heat Shrinkable Tube market by identifying its various subsegments.
Focuses on the key global Heat Shrinkable Tube manufacturers, to define, describe and analyze the sales volume, value, market share, market competition landscape, SWOT analysis and development plans in next few years.
To analyze the Heat Shrinkable Tube with respect to individual growth trends, future prospects, and their contribution to the total market.
To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).
To project the consumption of Heat Shrinkable Tube submarkets, with respect to key regions (along with their respective key countries).
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
To strategically profile the key players and comprehensively analyze their growth strategies.
To get Free Sample or to Buy this report at discounted price visit: https://www.nxtgenreports.com/market-research-reports/2018-2023-global-heat-shrinkable-tube-consumption
If you have any special requirements, kindly Contact Us and we will offer you the report as you want.
About NxtGen Reports: NxtGen Reports delivers strategic market research reports, industry analysis, business research and forecasts on product, services and companies. We understand the need of our customers and keep our market research reports up to date. Our reports are very well organized enabling our customers to identify and get access easily. We also offer customized discounts based on your expectations.
Contact Information:
Madhuri Vetal
NxtGen Reports
Email: sales@nxtgenreports.com
Phone: +918551022388
More Report at: https://www.nxtgenreports.com/market-research-reports
Contact Information:
NxtGen Reports
Madhuri Vetal
Tel: +918551022388
Email us
----
This press release is posted on EmailWire.com -- a global newswire that provides Press Release Distribution Services with Guaranteed Results
NxtGen Reports
Madhuri Vetal
Tel: +918551022388
Email us
----
This press release is posted on EmailWire.com -- a global newswire that provides Press Release Distribution Services with Guaranteed Results