Australia Heat Shrink Tubing in Automotive Market to 2032

Overview

The Australia Heat Shrink Tubing in Automotive Market is expected to reach a 16.97 USD Billion by 2032 and is projected to grow at a CAGR of 10.06% from 2025 to 2032.

Revenue, 2024 (USD Billion)
9.33
Forecast, 2032 (USD Billion)
16.97
CAGR, 2024 - 2032
10.06%
Report Coverage
Australia

Australia Heat Shrink Tubing in Automotive Market 2018-2032 USD Billion

Australia Heat Shrink Tubing in Automotive Market, Key Findings (2025-2032)

Market Growth and Projections:

  • Market Size (2024): 9.33 USD Billion
  • Projected Market Size (2032): 16.97 USD Billion
  • CAGR (2025-2032): 10.06%

Key Findings of Australia Heat Shrink Tubing in Automotive Market

  • The Australia Heat Shrink Tubing in Automotive Market was valued at 9.33 USD Billion in 2024.
  • The Australia Heat Shrink Tubing in Automotive Market is likely to grow at a CAGR of 10.06% during the forecast period of 2024 to 2032.
  • In 2024, the Largest segment OEM in Sales Channel Segment accounted for the largest share of the market with a revenue of 6.12 USD Billion
  • The fastest growing segment Electric in Fuel Type Segment grew Fastest with a CAGR of 11.48% during the forecast period from 2024 to 2032.

Australia Heat Shrink Tubing in Automotive Market Scope

Australia Heat Shrink Tubing in Automotive Market Segmentation & Scope
Type
  • Dual Wall Shrink Tubing
  • Single Wall Shrink Tubing
Colour
  • Yellow
  • Red
  • Others
Material
  • Others
  • Ethylene Tetrafluoroethylene
  • Perfluoroalkoxy Alkanes 
  • Fluorinated Ethylene Propylene
  • Polytetrafluoroethylene
  • Polyvinyl Chloride
  • Polyolefin
Application
  • Miniature Splices
  • Gas pipes
  • Under Bonnet Cable Protection
  • Diesel Injection Clusters
  • Break Pipes
  • In-line Splices
  • Ring Terminals
  • Connectors
  • Hoses
Voltage
  • High Voltage
  • Medium Voltage
  • Low Voltage
Vehicle Type
  • Electric Vehicle
  • HCV
  • HCV
  • LCV
  • Passenger Cars
Sales Channel
  • Aftermarket
  • OEM
Fuel Type
  • Electric
  • Diesel/CNG
  • Petrol

Australia Heat Shrink Tubing in Automotive Market Data Coverage Insights

Study Period 2024-2032
Base Year 2021
Unit Revenue in USD Billion
Market Value in 2024 9.33 USD Billion
Market Value in 2032 16.97 USD Billion
CAGR (2025-2032) 10.06%
Historic Data 2016-2023
Market Segments Covered Type,Colour,Material,Application,Voltage,Vehicle Type,Sales Channel,Fuel Type

Regional Insights:

  • Leading Market (2024-2032): Australia, leading in terms of revenue 9.33 USD Billion in 2024
    • Key Country: Australia, leading in terms of revenue with value of 9,326.93 USD Million in 2024.

Segments and Scope

  • Australia Heat Shrink Tubing in Automotive Market to 2032, By Type
    • Single Wall Shrink Tubing is the largest segment in Australia Heat Shrink Tubing in Automotive Market to 2032 with a revenue of 6.01 USD Billion in the year 2024.
    • Dual Wall Shrink Tubing is the Fastest growing segment in Australia Heat Shrink Tubing in Automotive Market to 2032 with a Growth rate of 9.54 % in forecast period 2025-2032.
  • Australia Heat Shrink Tubing in Automotive Market to 2032, By Colour
    • Red is the largest segment in Australia Heat Shrink Tubing in Automotive Market to 2032 with a revenue of 2.88 USD Billion in the year 2024.
    • Red is the Fastest growing segment in Australia Heat Shrink Tubing in Automotive Market to 2032 with a Growth rate of 9.79 % in forecast period 2025-2032.
  • Australia Heat Shrink Tubing in Automotive Market to 2032, By Material
    • Polyolefin is the largest segment in Australia Heat Shrink Tubing in Automotive Market to 2032 with a revenue of 3.15 USD Billion in the year 2024.
    • Polyolefin is the Fastest growing segment in Australia Heat Shrink Tubing in Automotive Market to 2032 with a Growth rate of 10.82 % in forecast period 2025-2032.
  • Australia Heat Shrink Tubing in Automotive Market to 2032, By Application
    • Hoses is the largest segment in Australia Heat Shrink Tubing in Automotive Market to 2032 with a revenue of 2.44 USD Billion in the year 2024.
    • Hoses is the Fastest growing segment in Australia Heat Shrink Tubing in Automotive Market to 2032 with a Growth rate of 11.13 % in forecast period 2025-2032.
  • Australia Heat Shrink Tubing in Automotive Market to 2032, By Voltage
    • Low Voltage is the largest segment in Australia Heat Shrink Tubing in Automotive Market to 2032 with a revenue of 4.83 USD Billion in the year 2024.
    • Low Voltage is the Fastest growing segment in Australia Heat Shrink Tubing in Automotive Market to 2032 with a Growth rate of 11.09 % in forecast period 2025-2032.
  • Australia Heat Shrink Tubing in Automotive Market to 2032, By Vehicle Type
    • Passenger Cars is the largest segment in Australia Heat Shrink Tubing in Automotive Market to 2032 with a revenue of 4.68 USD Billion in the year 2024.
    • Electric Vehicle is the Fastest growing segment in Australia Heat Shrink Tubing in Automotive Market to 2032 with a Growth rate of 10.81 % in forecast period 2025-2032.
  • Australia Heat Shrink Tubing in Automotive Market to 2032, By Sales Channel
    • OEM is the largest segment in Australia Heat Shrink Tubing in Automotive Market to 2032 with a revenue of 6.12 USD Billion in the year 2024.
    • OEM is the Fastest growing segment in Australia Heat Shrink Tubing in Automotive Market to 2032 with a Growth rate of 10.64 % in forecast period 2025-2032.
  • Australia Heat Shrink Tubing in Automotive Market to 2032, By Fuel Type
    • Petrol is the largest segment in Australia Heat Shrink Tubing in Automotive Market to 2032 with a revenue of 4.85 USD Billion in the year 2024.
    • Electric is the Fastest growing segment in Australia Heat Shrink Tubing in Automotive Market to 2032 with a Growth rate of 10.63 % in forecast period 2025-2032.

Australia Heat Shrink Tubing in Automotive Market Company Share Analysis

 
Company Name Company Share Analysis
TE Connectivity
ABB
Sumitomo Electric Industries, Ltd.
SHAWCOR
HellermannTyton
Australia Heat Shrink Tubing in Automotive Market Company Share Analysis

Australia Heat Shrink Tubing in Automotive Market Geographical Sales Distribution, 2018-2032 USD Billion

Australia Heat Shrink Tubing in Automotive Market Geographical Sales Distribution, 2018-2032 USD Billion

Australia Heat Shrink Tubing in Automotive Market Company Profiling

Australia Heat Shrink Tubing in Automotive Market Company Profiling
Frequently Asked Questions
The Australia Heat Shrink Tubing in Automotive Market is segmented based on Segmentation Type,Colour,Material,Application,Voltage,Vehicle Type,Sales Channel,Fuel Type.
Australia Heat Shrink Tubing in Automotive Market was valued at USD 9.33(Revenue in USD Billion) in 2021.
Australia Heat Shrink Tubing in Automotive Market is projected to grow at a CAGR of 10.06% during the forecast period of 2024 to 2032.
The OEM segment is expected to dominate the Australia Heat Shrink Tubing in Automotive Market, holding a largest market share of 6.12 USD Billion in 2024

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Australia Heat Shrink Tubing in Automotive Market Scope

Australia Heat Shrink Tubing in Automotive Market Segmentation & Scope
Type
  • Dual Wall Shrink Tubing
  • Single Wall Shrink Tubing
Colour
  • Yellow
  • Red
  • Others
Material
  • Others
  • Ethylene Tetrafluoroethylene
  • Perfluoroalkoxy Alkanes 
  • Fluorinated Ethylene Propylene
  • Polytetrafluoroethylene
  • Polyvinyl Chloride
  • Polyolefin
Application
  • Miniature Splices
  • Gas pipes
  • Under Bonnet Cable Protection
  • Diesel Injection Clusters
  • Break Pipes
  • In-line Splices
  • Ring Terminals
  • Connectors
  • Hoses
Voltage
  • High Voltage
  • Medium Voltage
  • Low Voltage
Vehicle Type
  • Electric Vehicle
  • HCV
  • HCV
  • LCV
  • Passenger Cars
Sales Channel
  • Aftermarket
  • OEM
Fuel Type
  • Electric
  • Diesel/CNG
  • Petrol
Frequently Asked Questions
The Australia Heat Shrink Tubing in Automotive Market is segmented based on Segmentation Type,Colour,Material,Application,Voltage,Vehicle Type,Sales Channel,Fuel Type.
Australia Heat Shrink Tubing in Automotive Market was valued at USD 9.33(Revenue in USD Billion) in 2021.
Australia Heat Shrink Tubing in Automotive Market is projected to grow at a CAGR of 10.06% during the forecast period of 2024 to 2032.
The estimated market value of the Australia Heat Shrink Tubing in Automotive Market for final year is USD 16.97 (USD Billion).

Australia Heat Shrink Tubing in Automotive Market Company Profiling

Australia Heat Shrink Tubing in Automotive Market Company Profiling
Frequently Asked Questions
The Australia Heat Shrink Tubing in Automotive Market is segmented based on Segmentation Type,Colour,Material,Application,Voltage,Vehicle Type,Sales Channel,Fuel Type.
Australia Heat Shrink Tubing in Automotive Market was valued at USD 9.33(Revenue in USD Billion) in 2021.
Australia Heat Shrink Tubing in Automotive Market is projected to grow at a CAGR of 10.06% during the forecast period of 2024 to 2032.
The estimated market value of the Australia Heat Shrink Tubing in Automotive Market for final year is USD 16.97 (USD Billion).

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