U.S. Heat Shrink Tubing in Automotive Market to 2032
Overview
The U.S. Heat Shrink Tubing in Automotive Market is expected to reach a 140.00 USD Billion by 2032 and is projected to grow at a CAGR of 11.20% from 2025 to 2032.
Revenue, 2024 (USD Billion)
72.62
Forecast, 2032 (USD Billion)
140.00
CAGR, 2024 - 2032
11.20%
Report Coverage
U.S.
U.S. Heat Shrink Tubing in Automotive Market 2018-2032 USD Billion
U.S. Heat Shrink Tubing in Automotive Market, Key Findings (2025-2032)
Market Growth and Projections:
- Market Size (2024): 72.62 USD Billion
- Projected Market Size (2032): 140.00 USD Billion
- CAGR (2025-2032): 11.20%
Key Findings of U.S. Heat Shrink Tubing in Automotive Market
- The U.S. Heat Shrink Tubing in Automotive Market was valued at 72.62 USD Billion in 2024.
- The U.S. Heat Shrink Tubing in Automotive Market is likely to grow at a CAGR of 11.20% 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 47.58 USD Billion
- The fastest growing segment Electric Vehicle in Vehicle Type Segment grew Fastest with a CAGR of 13.11% during the forecast period from 2024 to 2032.
U.S. Heat Shrink Tubing in Automotive Market Scope
U.S. Heat Shrink Tubing in Automotive Market Segmentation & Scope
Application
- Miniature Splices
- Gas pipes
- Under Bonnet Cable Protection
- Diesel Injection Clusters
- Break Pipes
- In-line Splices
- Ring Terminals
- Connectors
- Hoses
Material
- Others
- Ethylene Tetrafluoroethylene
- Perfluoroalkoxy Alkanes
- Fluorinated Ethylene Propylene
- Polytetrafluoroethylene
- Polyvinyl Chloride
- Polyolefin
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
Colour
- Yellow
- Red
- Others
U.S. 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 | 72.62 USD Billion |
| Market Value in 2032 | 140.00 USD Billion |
| CAGR (2025-2032) | 11.20% |
| Historic Data | 2016-2023 |
| Market Segments Covered | Application,Material,Vehicle Type,Sales Channel,Fuel Type,Voltage,Type,Colour |
Regional Insights:
-
Leading Market (2024-2032): U.S., leading in terms of revenue 72.62 USD Billion in 2024
- Key Country: U.S., leading in terms of revenue with value of 72,617.98 USD Million in 2024.
Segments and Scope
-
U.S. Heat Shrink Tubing in Automotive Market to 2032, By Application
- Hoses is the largest segment in U.S. Heat Shrink Tubing in Automotive Market to 2032 with a revenue of 18.23 USD Billion in the year 2024.
- Hoses is the Fastest growing segment in U.S. Heat Shrink Tubing in Automotive Market to 2032 with a Growth rate of 12.11 % in forecast period 2025-2032.
-
U.S. Heat Shrink Tubing in Automotive Market to 2032, By Material
- Polyolefin is the largest segment in U.S. Heat Shrink Tubing in Automotive Market to 2032 with a revenue of 25.74 USD Billion in the year 2024.
- Polyolefin is the Fastest growing segment in U.S. Heat Shrink Tubing in Automotive Market to 2032 with a Growth rate of 12.00 % in forecast period 2025-2032.
-
U.S. Heat Shrink Tubing in Automotive Market to 2032, By Vehicle Type
- Passenger Cars is the largest segment in U.S. Heat Shrink Tubing in Automotive Market to 2032 with a revenue of 28.36 USD Billion in the year 2024.
- Electric Vehicle is the Fastest growing segment in U.S. Heat Shrink Tubing in Automotive Market to 2032 with a Growth rate of 12.80 % in forecast period 2025-2032.
-
U.S. Heat Shrink Tubing in Automotive Market to 2032, By Sales Channel
- OEM is the largest segment in U.S. Heat Shrink Tubing in Automotive Market to 2032 with a revenue of 46.07 USD Billion in the year 2024.
- OEM is the Fastest growing segment in U.S. Heat Shrink Tubing in Automotive Market to 2032 with a Growth rate of 11.84 % in forecast period 2025-2032.
-
U.S. Heat Shrink Tubing in Automotive Market to 2032, By Fuel Type
- Petrol is the largest segment in U.S. Heat Shrink Tubing in Automotive Market to 2032 with a revenue of 38.17 USD Billion in the year 2024.
- Electric is the Fastest growing segment in U.S. Heat Shrink Tubing in Automotive Market to 2032 with a Growth rate of 11.96 % in forecast period 2025-2032.
-
U.S. Heat Shrink Tubing in Automotive Market to 2032, By Voltage
- Low Voltage is the largest segment in U.S. Heat Shrink Tubing in Automotive Market to 2032 with a revenue of 36.18 USD Billion in the year 2024.
- Low Voltage is the Fastest growing segment in U.S. Heat Shrink Tubing in Automotive Market to 2032 with a Growth rate of 12.23 % in forecast period 2025-2032.
-
U.S. Heat Shrink Tubing in Automotive Market to 2032, By Type
- Single Wall Shrink Tubing is the largest segment in U.S. Heat Shrink Tubing in Automotive Market to 2032 with a revenue of 47.58 USD Billion in the year 2024.
- Dual Wall Shrink Tubing is the Fastest growing segment in U.S. Heat Shrink Tubing in Automotive Market to 2032 with a Growth rate of 10.78 % in forecast period 2025-2032.
-
U.S. Heat Shrink Tubing in Automotive Market to 2032, By Colour
- Red is the largest segment in U.S. Heat Shrink Tubing in Automotive Market to 2032 with a revenue of 23.16 USD Billion in the year 2024.
- Red is the Fastest growing segment in U.S. Heat Shrink Tubing in Automotive Market to 2032 with a Growth rate of 10.78 % in forecast period 2025-2032.
U.S. Heat Shrink Tubing in Automotive Market Company Share Analysis
| Company Name |
|
||
| TE Connectivity | |||
| ABB | |||
| Sumitomo Electric Industries, Ltd. | |||
| SHAWCOR | |||
| HellermannTyton | |||
U.S. Heat Shrink Tubing in Automotive Market Geographical Sales Distribution, 2018-2032 USD Billion
U.S. Heat Shrink Tubing in Automotive Market Company Profiling
Industry Related Reports
Frequently Asked Questions
The U.S. Heat Shrink Tubing in Automotive Market is segmented based on Segmentation Application,Material,Vehicle Type,Sales Channel,Fuel Type,Voltage,Type,Colour.
U.S. Heat Shrink Tubing in Automotive Market was valued at USD 72.62(Revenue in USD Billion) in 2021.
U.S. Heat Shrink Tubing in Automotive Market is projected to grow at a CAGR of 11.20% during the forecast period of 2024 to 2032.
The Single Wall Shrink Tubing segment is expected to dominate the U.S. Heat Shrink Tubing in Automotive Market, holding a largest market share of 47.58 USD Billion in 2024
Coming Soon....
U.S. Heat Shrink Tubing in Automotive Market Scope
U.S. Heat Shrink Tubing in Automotive Market Segmentation & Scope
Application
- Miniature Splices
- Gas pipes
- Under Bonnet Cable Protection
- Diesel Injection Clusters
- Break Pipes
- In-line Splices
- Ring Terminals
- Connectors
- Hoses
Material
- Others
- Ethylene Tetrafluoroethylene
- Perfluoroalkoxy Alkanes
- Fluorinated Ethylene Propylene
- Polytetrafluoroethylene
- Polyvinyl Chloride
- Polyolefin
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
Colour
- Yellow
- Red
- Others
Frequently Asked Questions
The U.S. Heat Shrink Tubing in Automotive Market is segmented based on Segmentation Application,Material,Vehicle Type,Sales Channel,Fuel Type,Voltage,Type,Colour.
U.S. Heat Shrink Tubing in Automotive Market was valued at USD 72.62(Revenue in USD Billion) in 2021.
U.S. Heat Shrink Tubing in Automotive Market is projected to grow at a CAGR of 11.20% during the forecast period of 2024 to 2032.
The estimated market value of the U.S. Heat Shrink Tubing in Automotive Market for final year is USD 140.00 (USD Billion).
U.S. Heat Shrink Tubing in Automotive Market Company Profiling
Frequently Asked Questions
The U.S. Heat Shrink Tubing in Automotive Market is segmented based on Segmentation Application,Material,Vehicle Type,Sales Channel,Fuel Type,Voltage,Type,Colour.
U.S. Heat Shrink Tubing in Automotive Market was valued at USD 72.62(Revenue in USD Billion) in 2021.
U.S. Heat Shrink Tubing in Automotive Market is projected to grow at a CAGR of 11.20% during the forecast period of 2024 to 2032.
The estimated market value of the U.S. Heat Shrink Tubing in Automotive Market for final year is USD 140.00 (USD Billion).
HAVE A QUESTION?
Get expert advice on the right strategy for your business at no cost. We also offer customized subscription plans and affordable discounts for startups and universities.