Global Heat-Shrink Tubing Market is expected to reach $3.10 billion by 2027 growing at a CAGR of 6.8% during 2018 to 2027.

Some of the key players profiled in the Heat-Shrink Tubing Market include 3M, Alpha Wire, Changchun Heat Shrinkable Materials, Dasheng Heat Shrinkable Material, Panduit, Qualtek, Salipt, Shrinkflex, Sumitomo Electric, TE Connectivity, Thermosleeve USA and Woer.

Gaithersburg, Maryland, United States – September 9, 2019 /MarketersMedia/ —

Some of the key factors influencing the market growth include increasing demand for electricity across the globe and growing application of automobiles for insulating the engine compartment. However, strict government regulations are restraining the market growth.

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Heat-Shrink Tubing is a shrinkable plastic cylinder used to protect wires, giving scraped spot obstruction and ecological security for stranded and strong wire transmitters, associations, joints and terminals in electrical work. It is fabricated in a huge number of assortments and concoction cosmetics with the careful piece of each kind being subject to the planned application.

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Amongst Voltage, low voltage segment is likely to have a huge demand due to the growing usage of 1–1.1 kV voltage range and in insulation and sealing cables is expected to foster its demand in the market. By Geography, Asia Pacific is expected to grow in emerging countries due to the increasing number of government initiatives in domestic and industrial application is further fueling the growth of market in the region.

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Materials Covered:
• Ethylene Tetrafluoroethylene (ETFE)
• Fluorinated Ethylene Propylene (FEP)
• Perfluoroalkoxy Alkane (PFA)
• Polyetheretherketone (PEEK)
• Polyethylene Terephthalate
• Polyolefin
• Polytetrafluoroethylene (PTFE)
• Other Materials

Voltages Covered:
• Medium Voltage
• Low Voltage
• High Voltage

End Users Covered:
• Automotive
• Chemical
• Electronic Equipment
• Food & Beverage
• General Industrial
• Medical
• Utilities
• Wire and Cable
• Other End Users

Regions Covered:
• North America
o US
o Canada
o Mexico
• Europe
o Germany
o France
o Italy
o UK
o Spain
o Rest of Europe
• Asia Pacific
o Japan
o China
o India
o Australia
o New Zealand
o South Korea
o Rest of Asia Pacific
• South America
o Argentina
o Brazil
o Chile
o Rest of South America
• Middle East & Africa
o Saudi Arabia
o UAE
o Qatar
o South Africa
o Rest of Middle East & Africa

What our report offers:
– Market share assessments for the regional and country level segments
– Market share analysis of the top industry players
– Strategic recommendations for the new entrants
– Market forecasts for a minimum of 9 years of all the mentioned segments, sub-segments, and the regional markets
– Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
– Strategic recommendations in key business segments based on the market estimations
– Competitive landscaping mapping the key common trends
– Company profiling with detailed strategies, financials, and recent developments
– Supply chain trends mapping the latest technological advancements

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We offer a wide spectrum of research and consulting services with in-depth knowledge of different industries. We are known for customized research services, consulting services, and Full-Time Equivalent (FTE) services in the research world. We explore market trends and draw our insights with valid assessments and analytical views. We use advanced techniques and tools among the quantitative and qualitative methodologies to identify the market trends.

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Source URL: https://marketersmedia.com/global-heat-shrink-tubing-market-is-expected-to-reach-310-billion-by-2027-growing-at-a-cagr-of-68-during-2018-to-2027/88916845

Source: MarketersMedia

Release ID: 88916845

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