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The global heat shrink tubing and sleeves market size is expected to grow from $1.86 billion in 2022 to $1.98 billion in 2023 at a compound annual growth rate (CAGR) of 6.75%.
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Heat Shrink Tubing And Sleeves Global Market Report 2023 Market Size, Trends and Global Forecast 2023-2032
Heat Shrink Tubing And Sleeves Segments The Business Research Company segments it’s Heat Shrink Tubing And Sleeves report as: By Product Type Tubes, Sleeves, Other Accessories Polyolefin (POE), Polyether Ether Ketone (PEEK), Ethylene Tetrafluoroethylene (ETFE), Ethylene Vinyl Acetate (EVA), Polytetrafluoroethylene (PTFE), Fluorinated Ethylene Propylene (FEP), Perfluoroalkoxy Alkane (PFA), Other Materials By Material Type By Length Spool, Standard (1.2 Meter), Non-Standard Cut Pieces, Custom Original Equipment Manufacturer (OEM), Aftermarket By Sales Channel
Market Statistics The global heat shrink tubing and sleeves market size is expected to grow from $1.86 billion in 2022 to $1.98 billion in 2023 at a compound annual growth rate (CAGR) of 6.75%. The global heat shrink tubing and sleeves market size is expected to reach $2.50 billion in 2027 at a CAGR of 6.01%. Click Here To Get A Sample Report
Key Market Drivers And Trends • Drivers The increasing demand for electrical and electronics products is expected to propel the growth of the heat shrink tubing and sleeves market going forward. Trends Advances in technology and innovation are a key trend gaining popularity in the heat-shrink tubing and sleeves market. • Region North America was the largest region in heat shrink tubing and sleeves market in 2022. The regions covered in the global heat shrink tubing and sleeves market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa.
Key Market Players • Major players in the Heat Shrink Tubing And Sleeves are: • HellermannTyton • Molex Electronic Solutions • Panduit • Shrink Sleeves Ltd. • TE Connectivity • And more. Get More Information On The Heat Shrink Tubing And Sleeves Report
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