List of Contents

Heat-Shrink Tubing Market Size, Share, and Trends 2025 to 2034

The global heat-shrink tubing market size is calculated at USD 3.07 billion in 2025 and is forecasted to reach around USD 5.16 billion by 2034, accelerating at a CAGR of 5.93% from 2025 to 2034. The North America market size surpassed USD 1.04 billion in 2024 and is expanding at a CAGR of 6.09% during the forecast period. The market sizing and forecasts are revenue-based (USD Million/Billion), with 2024 as the base year.

  • Last Updated : June 2025
  • Report Code : 6183
  • Category : Energy and Power

Chapter 1. Introduction

1.1. Research Objective

1.2. Scope of the Study

1.3. Definition

Chapter 2. Research Methodology

2.1. Research Approach

2.2. Data Sources

2.3. Assumptions & Limitations

Chapter 3. Executive Summary

3.1. Market Snapshot

Chapter 4. Market Variables and Scope 

4.1. Introduction

4.2. Market Classification and Scope

4.3. Industry Value Chain Analysis

4.3.1. Raw Material Procurement Analysis 

4.3.2. Sales and Distribution Channel Analysis

4.3.3. Downstream Buyer Analysis

Chapter 5. COVID 19 Impact on Heat-Shrink Tubing Market 

5.1. COVID-19 Landscape: Heat-Shrink Tubing Industry Impact

5.2. COVID 19 - Impact Assessment for the Industry

5.3. COVID 19 Impact: Global Major Government Policy

5.4. Market Trends and Opportunities in the COVID-19 Landscape

6.1. Market Dynamics

6.1.1. Market Drivers

6.1.2. Market Restraints

6.1.3. Market Opportunities

6.2. Porter’s Five Forces Analysis

6.2.1. Bargaining power of suppliers

6.2.2. Bargaining power of buyers

6.2.3. Threat of substitute

6.2.4. Threat of new entrants

6.2.5. Degree of competition

Chapter 7. Competitive Landscape

7.1.1. Company Market Share/Positioning Analysis

7.1.2. Key Strategies Adopted by Players

7.1.3. Vendor Landscape

7.1.3.1. List of Suppliers

7.1.3.2. List of Buyers

Chapter 8. Global Heat-Shrink Tubing Market, By Application

8.1. Heat-Shrink Tubing Market Revenue and Volume, by Application

8.1.1. Automotive

8.1.1.1. Market Revenue and Volume Forecast

8.1.2. Electrical and Electronics

8.1.2.1. Market Revenue and Volume Forecast

8.1.3. Telecommunications

8.1.3.1. Market Revenue and Volume Forecast

8.1.4. Military and Aerospace

8.1.4.1. Market Revenue and Volume Forecast

8.1.5. Medical and Healthcare

8.1.5.1. Market Revenue and Volume Forecast

Chapter 9. Global Heat-Shrink Tubing Market, By Material

9.1. Heat-Shrink Tubing Market Revenue and Volume, by Material

9.1.1. Polyolefin

9.1.1.1. Market Revenue and Volume Forecast

9.1.2. Polyvinyl Chloride (PVC)

9.1.2.1. Market Revenue and Volume Forecast

9.1.3. Fluoropolymer

9.1.3.1. Market Revenue and Volume Forecast

9.1.4. Silicone

9.1.4.1. Market Revenue and Volume Forecast

9.1.5. Elastomer

9.1.5.1. Market Revenue and Volume Forecast

Chapter 10. Global Heat-Shrink Tubing Market, By Wall Thickness 

10.1. Heat-Shrink Tubing Market Revenue and Volume, by Wall Thickness

10.1.1. Thin Wall

10.1.1.1. Market Revenue and Volume Forecast

10.1.2. Medium Wall

10.1.2.1. Market Revenue and Volume Forecast

10.1.3. Thick Wall

10.1.3.1. Market Revenue and Volume Forecast

Chapter 11. Global Heat-Shrink Tubing Market, By Ratio

11.1. Heat-Shrink Tubing Market Revenue and Volume, by Ratio

11.1.1. 5:1

11.1.1.1. Market Revenue and Volume Forecast

11.1.2. 2:1

11.1.2.1. Market Revenue and Volume Forecast

11.1.3. 3:1

11.1.3.1. Market Revenue and Volume Forecast

11.1.4. 4:1

11.1.4.1. Market Revenue and Volume Forecast

11.1.5. 5:1

11.1.5.1. Market Revenue and Volume Forecast

Chapter 12. Global Heat-Shrink Tubing Market, By Certification

12.1. Heat-Shrink Tubing Market Revenue and Volume, by Certification

12.1.1. UL

12.1.1.1. Market Revenue and Volume Forecast

12.1.2. CSA

12.1.2.1. Market Revenue and Volume Forecast

12.1.3. RoHS

12.1.3.1. Market Revenue and Volume Forecast

12.1.4. REACH

12.1.4.1. Market Revenue and Volume Forecast

12.1.5. ISO

12.1.5.1. Market Revenue and Volume Forecast

Chapter 13. Global Heat-Shrink Tubing Market, Regional Estimates and Trend Forecast

13.1. North America

13.1.1. Market Revenue and Volume Forecast, by Application

13.1.2. Market Revenue and Volume Forecast, by Material

13.1.3. Market Revenue and Volume Forecast, by Wall Thickness

13.1.4. Market Revenue and Volume Forecast, by Ratio

13.1.5. Market Revenue and Volume Forecast, by Certification

13.1.6. U.S.

13.1.6.1. Market Revenue and Volume Forecast, by Application

13.1.6.2. Market Revenue and Volume Forecast, by Material

13.1.6.3. Market Revenue and Volume Forecast, by Wall Thickness

13.1.6.4. Market Revenue and Volume Forecast, by Ratio

13.1.6.5. Market Revenue and Volume Forecast, by Certification  

13.1.7. Rest of North America

13.1.7.1. Market Revenue and Volume Forecast, by Application

13.1.7.2. Market Revenue and Volume Forecast, by Material

13.1.7.3. Market Revenue and Volume Forecast, by Wall Thickness

13.1.7.4. Market Revenue and Volume Forecast, by Ratio

13.1.7.5. Market Revenue and Volume Forecast, by Certification

13.2. Europe

13.2.1. Market Revenue and Volume Forecast, by Application

13.2.2. Market Revenue and Volume Forecast, by Material

13.2.3. Market Revenue and Volume Forecast, by Wall Thickness

13.2.4. Market Revenue and Volume Forecast, by Ratio  

13.2.5. Market Revenue and Volume Forecast, by Certification  

13.2.6. UK

13.2.6.1. Market Revenue and Volume Forecast, by Application

13.2.6.2. Market Revenue and Volume Forecast, by Material

13.2.6.3. Market Revenue and Volume Forecast, by Wall Thickness

13.2.7. Market Revenue and Volume Forecast, by Ratio  

13.2.8. Market Revenue and Volume Forecast, by Certification  

13.2.9. Germany

13.2.9.1. Market Revenue and Volume Forecast, by Application

13.2.9.2. Market Revenue and Volume Forecast, by Material

13.2.9.3. Market Revenue and Volume Forecast, by Wall Thickness

13.2.10. Market Revenue and Volume Forecast, by Ratio

13.2.11. Market Revenue and Volume Forecast, by Certification

13.2.12. France

13.2.12.1. Market Revenue and Volume Forecast, by Application

13.2.12.2. Market Revenue and Volume Forecast, by Material

13.2.12.3. Market Revenue and Volume Forecast, by Wall Thickness

13.2.12.4. Market Revenue and Volume Forecast, by Ratio

13.2.13. Market Revenue and Volume Forecast, by Certification

13.2.14. Rest of Europe

13.2.14.1. Market Revenue and Volume Forecast, by Application

13.2.14.2. Market Revenue and Volume Forecast, by Material

13.2.14.3. Market Revenue and Volume Forecast, by Wall Thickness

13.2.14.4. Market Revenue and Volume Forecast, by Ratio

13.2.15. Market Revenue and Volume Forecast, by Certification

13.3. APAC

13.3.1. Market Revenue and Volume Forecast, by Application

13.3.2. Market Revenue and Volume Forecast, by Material

13.3.3. Market Revenue and Volume Forecast, by Wall Thickness

13.3.4. Market Revenue and Volume Forecast, by Ratio

13.3.5. Market Revenue and Volume Forecast, by Certification

13.3.6. India

13.3.6.1. Market Revenue and Volume Forecast, by Application

13.3.6.2. Market Revenue and Volume Forecast, by Material

13.3.6.3. Market Revenue and Volume Forecast, by Wall Thickness

13.3.6.4. Market Revenue and Volume Forecast, by Ratio

13.3.7. Market Revenue and Volume Forecast, by Certification

13.3.8. China

13.3.8.1. Market Revenue and Volume Forecast, by Application

13.3.8.2. Market Revenue and Volume Forecast, by Material

13.3.8.3. Market Revenue and Volume Forecast, by Wall Thickness

13.3.8.4. Market Revenue and Volume Forecast, by Ratio

13.3.9. Market Revenue and Volume Forecast, by Certification

13.3.10. Japan

13.3.10.1. Market Revenue and Volume Forecast, by Application

13.3.10.2. Market Revenue and Volume Forecast, by Material

13.3.10.3. Market Revenue and Volume Forecast, by Wall Thickness

13.3.10.4. Market Revenue and Volume Forecast, by Ratio

13.3.10.5. Market Revenue and Volume Forecast, by Certification

13.3.11. Rest of APAC

13.3.11.1. Market Revenue and Volume Forecast, by Application

13.3.11.2. Market Revenue and Volume Forecast, by Material

13.3.11.3. Market Revenue and Volume Forecast, by Wall Thickness

13.3.11.4. Market Revenue and Volume Forecast, by Ratio

13.3.11.5. Market Revenue and Volume Forecast, by Certification

13.4. MEA

13.4.1. Market Revenue and Volume Forecast, by Application

13.4.2. Market Revenue and Volume Forecast, by Material

13.4.3. Market Revenue and Volume Forecast, by Wall Thickness

13.4.4. Market Revenue and Volume Forecast, by Ratio

13.4.5. Market Revenue and Volume Forecast, by Certification

13.4.6. GCC

13.4.6.1. Market Revenue and Volume Forecast, by Application

13.4.6.2. Market Revenue and Volume Forecast, by Material

13.4.6.3. Market Revenue and Volume Forecast, by Wall Thickness

13.4.6.4. Market Revenue and Volume Forecast, by Ratio

13.4.7. Market Revenue and Volume Forecast, by Certification

13.4.8. North Africa

13.4.8.1. Market Revenue and Volume Forecast, by Application

13.4.8.2. Market Revenue and Volume Forecast, by Material

13.4.8.3. Market Revenue and Volume Forecast, by Wall Thickness

13.4.8.4. Market Revenue and Volume Forecast, by Ratio

13.4.9. Market Revenue and Volume Forecast, by Certification

13.4.10. South Africa

13.4.10.1. Market Revenue and Volume Forecast, by Application

13.4.10.2. Market Revenue and Volume Forecast, by Material

13.4.10.3. Market Revenue and Volume Forecast, by Wall Thickness

13.4.10.4. Market Revenue and Volume Forecast, by Ratio

13.4.10.5. Market Revenue and Volume Forecast, by Certification

13.4.11. Rest of MEA

13.4.11.1. Market Revenue and Volume Forecast, by Application

13.4.11.2. Market Revenue and Volume Forecast, by Material

13.4.11.3. Market Revenue and Volume Forecast, by Wall Thickness

13.4.11.4. Market Revenue and Volume Forecast, by Ratio

13.4.11.5. Market Revenue and Volume Forecast, by Certification

13.5. Latin America

13.5.1. Market Revenue and Volume Forecast, by Application

13.5.2. Market Revenue and Volume Forecast, by Material

13.5.3. Market Revenue and Volume Forecast, by Wall Thickness

13.5.4. Market Revenue and Volume Forecast, by Ratio

13.5.5. Market Revenue and Volume Forecast, by Certification

13.5.6. Brazil

13.5.6.1. Market Revenue and Volume Forecast, by Application

13.5.6.2. Market Revenue and Volume Forecast, by Material

13.5.6.3. Market Revenue and Volume Forecast, by Wall Thickness

13.5.6.4. Market Revenue and Volume Forecast, by Ratio

13.5.7. Market Revenue and Volume Forecast, by Certification

13.5.8. Rest of LATAM

13.5.8.1. Market Revenue and Volume Forecast, by Application

13.5.8.2. Market Revenue and Volume Forecast, by Material

13.5.8.3. Market Revenue and Volume Forecast, by Wall Thickness

13.5.8.4. Market Revenue and Volume Forecast, by Ratio

13.5.8.5. Market Revenue and Volume Forecast, by Certification

Chapter 14. Company Profiles

14.1. Panduit

14.1.1. Company Overview

14.1.2. Product Offerings

14.1.3. Financial Performance

14.1.4. Recent Initiatives

14.2. Alpha Wire

14.2.1. Company Overview

14.2.2. Product Offerings

14.2.3. Financial Performance

14.2.4. Recent Initiatives

14.3. Sumitomo Electric Industries

14.3.1. Company Overview

14.3.2. Product Offerings

14.3.3. Financial Performance

14.3.4. Recent Initiatives

14.4. ElectriFlex Company

14.4.1. Company Overview

14.4.2. Product Offerings

14.4.3. Financial Performance

14.4.4. Recent Initiatives

14.5. Caplugs

14.5.1. Company Overview

14.5.2. Product Offerings

14.5.3. Financial Performance

14.5.4. Recent Initiatives

14.6. TE Connectivity Ltd.

14.6.1. Company Overview

14.6.2. Product Offerings

14.6.3. Financial Performance

14.6.4. Recent Initiatives

14.7. DENSIT

14.7.1. Company Overview

14.7.2. Product Offerings

14.7.3. Financial Performance

14.7.4. Recent Initiatives

14.8. Mundial

14.8.1. Company Overview

14.8.2. Product Offerings

14.8.3. Financial Performance

14.8.4. Recent Initiatives

14.9. Antronix

14.9.1. Company Overview

14.9.2. Product Offerings

14.9.3. Financial Performance

14.9.4. Recent Initiatives

14.10. AutomationDirect

14.10.1. Company Overview

14.10.2. Product Offerings

14.10.3. Financial Performance

14.10.4. Recent Initiatives

Chapter 15. Research Methodology

15.1. Primary Research

15.2. Secondary Research

15.3. Assumptions

Chapter 16. Appendix

16.1. About Us

16.2. Glossary of Terms

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Frequently Asked Questions

The global heat-shrink tubing market is expected to increase from USD 2.90 billion in 2024 to USD 5.16 billion by 2034.

The heat-shrink tubing market is expected to grow at a compound annual growth rate (CAGR) of around 5.93% from 2025 to 2034.

The major players in the heat-shrink tubing market includes Panduit, Alpha Wire, Sumitomo Electric Industries, ElectriFlex Company, Caplugs, TE Connectivity Ltd., DENSIT, Mundial, Antronix, AutomationDirect, Hellermann Tyton, nVent Electric, Garland Industries, Canusa, 3M, and Iljin Electric.

The driving factors of the heat-shrink tubing market are the growing demand for advanced electronics systems and electric vehicles is directly influencing the demand for heat-shrink tubing on a large scale.

North America region will lead the global heat-shrink tubing market during the forecast period 2025 to 2034.

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