Middle East & Africa Heat Shrink Tubing in Automotive Market to 2032
Overview
The Middle East & Africa Heat Shrink Tubing in Automotive Market is expected to reach a 17.54 USD Billion by 2032 and is projected to grow at a CAGR of 7.11% from 2025 to 2032.
Revenue, 2024 (USD Billion)
11.22
Forecast, 2032 (USD Billion)
17.54
CAGR, 2024 - 2032
7.11%
Report Coverage
Middle East & Africa
Middle East & Africa Heat Shrink Tubing in Automotive Market 2018-2032 USD Billion
Middle East & Africa Heat Shrink Tubing in Automotive Market, Key Findings (2025-2032)
Market Growth and Projections:
- Market Size (2024): 11.22 USD Billion
- Projected Market Size (2032): 17.54 USD Billion
- CAGR (2025-2032): 7.11%
Key Findings of Middle East & Africa Heat Shrink Tubing in Automotive Market
- The Middle East & Africa Heat Shrink Tubing in Automotive Market was valued at 11.22 USD Billion in 2024.
- The Middle East & Africa Heat Shrink Tubing in Automotive Market is likely to grow at a CAGR of 7.11% 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 7.46 USD Billion
- The fastest growing segment Electric in Fuel Type Segment grew Fastest with a CAGR of 8.42% during the forecast period from 2024 to 2032.
Middle East & Africa Heat Shrink Tubing in Automotive Market Scope
Middle East & Africa 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
Voltage
- High Voltage
- Medium Voltage
- Low Voltage
Type
- Dual Wall Shrink Tubing
- Single Wall Shrink Tubing
Application
- Miniature Splices
- Gas pipes
- Under Bonnet Cable Protection
- Diesel Injection Clusters
- Break Pipes
- In-line Splices
- Ring Terminals
- Connectors
- Hoses
Colour
- Yellow
- Red
- Others
Material
- Others
- Ethylene Tetrafluoroethylene
- Perfluoroalkoxy Alkanes
- Fluorinated Ethylene Propylene
- Polytetrafluoroethylene
- Polyvinyl Chloride
- Polyolefin
Middle East & Africa 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 | 11.22 USD Billion |
| Market Value in 2032 | 17.54 USD Billion |
| CAGR (2025-2032) | 7.11% |
| Historic Data | 2016-2023 |
| Market Segments Covered | Vehicle Type,Sales Channel,Fuel Type,Voltage,Type,Application,Colour,Material |
Regional Insights:
-
Leading Market (2024-2032): Middle East & Africa, leading in terms of revenue 11.22 USD Billion in 2024
- Key Country: Saudi Arabia, leading in terms of revenue with value of 3,164.66 USD Million in 2024.
Segments and Scope
-
Middle East & Africa Heat Shrink Tubing in Automotive Market to 2032, By Vehicle Type
- Passenger Cars is the largest segment in Middle East & Africa Heat Shrink Tubing in Automotive Market to 2032 with a revenue of 6.47 USD Billion in the year 2024.
- Electric Vehicle is the Fastest growing segment in Middle East & Africa Heat Shrink Tubing in Automotive Market to 2032 with a Growth rate of 7.67 % in forecast period 2025-2032.
-
Middle East & Africa Heat Shrink Tubing in Automotive Market to 2032, By Sales Channel
- OEM is the largest segment in Middle East & Africa Heat Shrink Tubing in Automotive Market to 2032 with a revenue of 7.30 USD Billion in the year 2024.
- OEM is the Fastest growing segment in Middle East & Africa Heat Shrink Tubing in Automotive Market to 2032 with a Growth rate of 7.88 % in forecast period 2025-2032.
-
Middle East & Africa Heat Shrink Tubing in Automotive Market to 2032, By Fuel Type
- Petrol is the largest segment in Middle East & Africa Heat Shrink Tubing in Automotive Market to 2032 with a revenue of 6.15 USD Billion in the year 2024.
- Electric is the Fastest growing segment in Middle East & Africa Heat Shrink Tubing in Automotive Market to 2032 with a Growth rate of 7.77 % in forecast period 2025-2032.
-
Middle East & Africa Heat Shrink Tubing in Automotive Market to 2032, By Voltage
- Low Voltage is the largest segment in Middle East & Africa Heat Shrink Tubing in Automotive Market to 2032 with a revenue of 5.79 USD Billion in the year 2024.
- Low Voltage is the Fastest growing segment in Middle East & Africa Heat Shrink Tubing in Automotive Market to 2032 with a Growth rate of 8.03 % in forecast period 2025-2032.
-
Middle East & Africa Heat Shrink Tubing in Automotive Market to 2032, By Type
- Single Wall Shrink Tubing is the largest segment in Middle East & Africa Heat Shrink Tubing in Automotive Market to 2032 with a revenue of 7.46 USD Billion in the year 2024.
- Dual Wall Shrink Tubing is the Fastest growing segment in Middle East & Africa Heat Shrink Tubing in Automotive Market to 2032 with a Growth rate of 6.72 % in forecast period 2025-2032.
-
Middle East & Africa Heat Shrink Tubing in Automotive Market to 2032, By Application
- Hoses is the largest segment in Middle East & Africa Heat Shrink Tubing in Automotive Market to 2032 with a revenue of 2.80 USD Billion in the year 2024.
- Hoses is the Fastest growing segment in Middle East & Africa Heat Shrink Tubing in Automotive Market to 2032 with a Growth rate of 8.41 % in forecast period 2025-2032.
-
Middle East & Africa Heat Shrink Tubing in Automotive Market to 2032, By Colour
- Red is the largest segment in Middle East & Africa Heat Shrink Tubing in Automotive Market to 2032 with a revenue of 3.58 USD Billion in the year 2024.
- Red is the Fastest growing segment in Middle East & Africa Heat Shrink Tubing in Automotive Market to 2032 with a Growth rate of 6.60 % in forecast period 2025-2032.
-
Middle East & Africa Heat Shrink Tubing in Automotive Market to 2032, By Material
- Polyolefin is the largest segment in Middle East & Africa Heat Shrink Tubing in Automotive Market to 2032 with a revenue of 3.54 USD Billion in the year 2024.
- Polyolefin is the Fastest growing segment in Middle East & Africa Heat Shrink Tubing in Automotive Market to 2032 with a Growth rate of 8.00 % in forecast period 2025-2032.
Middle East & Africa Heat Shrink Tubing in Automotive Market Company Share Analysis
| Company Name |
|
||
| TE Connectivity | |||
| ABB | |||
| Sumitomo Electric Industries, Ltd. | |||
| SHAWCOR | |||
| HellermannTyton | |||
Middle East & Africa Heat Shrink Tubing in Automotive Market Geographical Sales Distribution, 2018-2032 USD Billion
Middle East & Africa Heat Shrink Tubing in Automotive Market Company Profiling
Industry Related Reports
Frequently Asked Questions
The Middle East & Africa Heat Shrink Tubing in Automotive Market is segmented based on Segmentation Vehicle Type,Sales Channel,Fuel Type,Voltage,Type,Application,Colour,Material.
Middle East & Africa Heat Shrink Tubing in Automotive Market was valued at USD 11.22(Revenue in USD Billion) in 2021.
Middle East & Africa Heat Shrink Tubing in Automotive Market is projected to grow at a CAGR of 7.11% during the forecast period of 2024 to 2032.
The Single Wall Shrink Tubing segment is expected to dominate the Middle East & Africa Heat Shrink Tubing in Automotive Market, holding a largest market share of 7.46 USD Billion in 2024
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Middle East & Africa Heat Shrink Tubing in Automotive Market Scope
Middle East & Africa 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
Voltage
- High Voltage
- Medium Voltage
- Low Voltage
Type
- Dual Wall Shrink Tubing
- Single Wall Shrink Tubing
Application
- Miniature Splices
- Gas pipes
- Under Bonnet Cable Protection
- Diesel Injection Clusters
- Break Pipes
- In-line Splices
- Ring Terminals
- Connectors
- Hoses
Colour
- Yellow
- Red
- Others
Material
- Others
- Ethylene Tetrafluoroethylene
- Perfluoroalkoxy Alkanes
- Fluorinated Ethylene Propylene
- Polytetrafluoroethylene
- Polyvinyl Chloride
- Polyolefin
Frequently Asked Questions
The Middle East & Africa Heat Shrink Tubing in Automotive Market is segmented based on Segmentation Vehicle Type,Sales Channel,Fuel Type,Voltage,Type,Application,Colour,Material.
Middle East & Africa Heat Shrink Tubing in Automotive Market was valued at USD 11.22(Revenue in USD Billion) in 2021.
Middle East & Africa Heat Shrink Tubing in Automotive Market is projected to grow at a CAGR of 7.11% during the forecast period of 2024 to 2032.
The estimated market value of the Middle East & Africa Heat Shrink Tubing in Automotive Market for final year is USD 17.54 (USD Billion).
Middle East & Africa Heat Shrink Tubing in Automotive Market Company Profiling
Frequently Asked Questions
The Middle East & Africa Heat Shrink Tubing in Automotive Market is segmented based on Segmentation Vehicle Type,Sales Channel,Fuel Type,Voltage,Type,Application,Colour,Material.
Middle East & Africa Heat Shrink Tubing in Automotive Market was valued at USD 11.22(Revenue in USD Billion) in 2021.
Middle East & Africa Heat Shrink Tubing in Automotive Market is projected to grow at a CAGR of 7.11% during the forecast period of 2024 to 2032.
The estimated market value of the Middle East & Africa Heat Shrink Tubing in Automotive Market for final year is USD 17.54 (USD Billion).
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