China Heat Shrink Tubing in Automotive Market to 2032
Overview
The China Heat Shrink Tubing in Automotive Market is expected to reach a 152.72 USD Billion by 2032 and is projected to grow at a CAGR of 12.63% from 2025 to 2032.
Revenue, 2024 (USD Billion)
73.84
Forecast, 2032 (USD Billion)
152.72
CAGR, 2024 - 2032
12.63%
Report Coverage
China
China Heat Shrink Tubing in Automotive Market 2018-2032 USD Billion
China Heat Shrink Tubing in Automotive Market, Key Findings (2025-2032)
Market Growth and Projections:
- Market Size (2024): 73.84 USD Billion
- Projected Market Size (2032): 152.72 USD Billion
- CAGR (2025-2032): 12.63%
Key Findings of China Heat Shrink Tubing in Automotive Market
- The China Heat Shrink Tubing in Automotive Market was valued at 73.84 USD Billion in 2024.
- The China Heat Shrink Tubing in Automotive Market is likely to grow at a CAGR of 12.63% during the forecast period of 2024 to 2032.
- In 2024, the Largest segment Single Wall Shrink Tubing in Type Segment accounted for the largest share of the market with a revenue of 49.77 USD Billion
- The fastest growing segment Electric Vehicle in Vehicle Type Segment grew Fastest with a CAGR of 14.08% during the forecast period from 2024 to 2032.
China Heat Shrink Tubing in Automotive Market Scope
China Heat Shrink Tubing in Automotive Market Segmentation & Scope
Vehicle Type
- Electric Vehicle
- HCV
- HCV
- LCV
- Passenger Cars
Sales Channel
- Aftermarket
- OEM
Fuel Type
- Electric
- Diesel/CNG
- Petrol
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
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
China 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 | 73.84 USD Billion |
| Market Value in 2032 | 152.72 USD Billion |
| CAGR (2025-2032) | 12.63% |
| Historic Data | 2016-2023 |
| Market Segments Covered | Vehicle Type,Sales Channel,Fuel Type,Application,Voltage,Type,Colour,Material |
Regional Insights:
-
Leading Market (2024-2032): China, leading in terms of revenue 73.84 USD Billion in 2024
- Key Country: China, leading in terms of revenue with value of 73,837.57 USD Million in 2024.
Segments and Scope
-
China Heat Shrink Tubing in Automotive Market to 2032, By Vehicle Type
- Passenger Cars is the largest segment in China Heat Shrink Tubing in Automotive Market to 2032 with a revenue of 44.70 USD Billion in the year 2024.
- Electric Vehicle is the Fastest growing segment in China Heat Shrink Tubing in Automotive Market to 2032 with a Growth rate of 13.15 % in forecast period 2025-2032.
-
China Heat Shrink Tubing in Automotive Market to 2032, By Sales Channel
- OEM is the largest segment in China Heat Shrink Tubing in Automotive Market to 2032 with a revenue of 46.23 USD Billion in the year 2024.
- OEM is the Fastest growing segment in China Heat Shrink Tubing in Automotive Market to 2032 with a Growth rate of 13.21 % in forecast period 2025-2032.
-
China Heat Shrink Tubing in Automotive Market to 2032, By Fuel Type
- Petrol is the largest segment in China Heat Shrink Tubing in Automotive Market to 2032 with a revenue of 40.57 USD Billion in the year 2024.
- Electric is the Fastest growing segment in China Heat Shrink Tubing in Automotive Market to 2032 with a Growth rate of 13.49 % in forecast period 2025-2032.
-
China Heat Shrink Tubing in Automotive Market to 2032, By Application
- Hoses is the largest segment in China Heat Shrink Tubing in Automotive Market to 2032 with a revenue of 17.74 USD Billion in the year 2024.
- Hoses is the Fastest growing segment in China Heat Shrink Tubing in Automotive Market to 2032 with a Growth rate of 14.08 % in forecast period 2025-2032.
-
China Heat Shrink Tubing in Automotive Market to 2032, By Voltage
- Low Voltage is the largest segment in China Heat Shrink Tubing in Automotive Market to 2032 with a revenue of 37.38 USD Billion in the year 2024.
- Low Voltage is the Fastest growing segment in China Heat Shrink Tubing in Automotive Market to 2032 with a Growth rate of 13.66 % in forecast period 2025-2032.
-
China Heat Shrink Tubing in Automotive Market to 2032, By Type
- Single Wall Shrink Tubing is the largest segment in China Heat Shrink Tubing in Automotive Market to 2032 with a revenue of 49.77 USD Billion in the year 2024.
- Dual Wall Shrink Tubing is the Fastest growing segment in China Heat Shrink Tubing in Automotive Market to 2032 with a Growth rate of 12.08 % in forecast period 2025-2032.
-
China Heat Shrink Tubing in Automotive Market to 2032, By Colour
- Red is the largest segment in China Heat Shrink Tubing in Automotive Market to 2032 with a revenue of 23.65 USD Billion in the year 2024.
- Red is the Fastest growing segment in China Heat Shrink Tubing in Automotive Market to 2032 with a Growth rate of 11.61 % in forecast period 2025-2032.
-
China Heat Shrink Tubing in Automotive Market to 2032, By Material
- Polyolefin is the largest segment in China Heat Shrink Tubing in Automotive Market to 2032 with a revenue of 21.23 USD Billion in the year 2024.
- Polyolefin is the Fastest growing segment in China Heat Shrink Tubing in Automotive Market to 2032 with a Growth rate of 13.77 % in forecast period 2025-2032.
China Heat Shrink Tubing in Automotive Market Company Share Analysis
| Company Name |
|
||
| TE Connectivity | |||
| ABB | |||
| Sumitomo Electric Industries, Ltd. | |||
| SHAWCOR | |||
| HellermannTyton | |||
China Heat Shrink Tubing in Automotive Market Geographical Sales Distribution, 2018-2032 USD Billion
China Heat Shrink Tubing in Automotive Market Company Profiling
Industry Related Reports
Frequently Asked Questions
The China Heat Shrink Tubing in Automotive Market is segmented based on Segmentation Vehicle Type,Sales Channel,Fuel Type,Application,Voltage,Type,Colour,Material.
China Heat Shrink Tubing in Automotive Market was valued at USD 73.84(Revenue in USD Billion) in 2021.
China Heat Shrink Tubing in Automotive Market is projected to grow at a CAGR of 12.63% during the forecast period of 2024 to 2032.
The Single Wall Shrink Tubing segment is expected to dominate the China Heat Shrink Tubing in Automotive Market, holding a largest market share of 49.77 USD Billion in 2024
Coming Soon....
China Heat Shrink Tubing in Automotive Market Scope
China Heat Shrink Tubing in Automotive Market Segmentation & Scope
Vehicle Type
- Electric Vehicle
- HCV
- HCV
- LCV
- Passenger Cars
Sales Channel
- Aftermarket
- OEM
Fuel Type
- Electric
- Diesel/CNG
- Petrol
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
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
Frequently Asked Questions
The China Heat Shrink Tubing in Automotive Market is segmented based on Segmentation Vehicle Type,Sales Channel,Fuel Type,Application,Voltage,Type,Colour,Material.
China Heat Shrink Tubing in Automotive Market was valued at USD 73.84(Revenue in USD Billion) in 2021.
China Heat Shrink Tubing in Automotive Market is projected to grow at a CAGR of 12.63% during the forecast period of 2024 to 2032.
The estimated market value of the China Heat Shrink Tubing in Automotive Market for final year is USD 152.72 (USD Billion).
China Heat Shrink Tubing in Automotive Market Company Profiling
Frequently Asked Questions
The China Heat Shrink Tubing in Automotive Market is segmented based on Segmentation Vehicle Type,Sales Channel,Fuel Type,Application,Voltage,Type,Colour,Material.
China Heat Shrink Tubing in Automotive Market was valued at USD 73.84(Revenue in USD Billion) in 2021.
China Heat Shrink Tubing in Automotive Market is projected to grow at a CAGR of 12.63% during the forecast period of 2024 to 2032.
The estimated market value of the China Heat Shrink Tubing in Automotive Market for final year is USD 152.72 (USD Billion).
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