The wide-ranging applications of heat shrink tubes in versatile industrial landscapes, such as aerospace, electrical & electronics, and construction, have been bolstering their demand since the past five years. After surpassing the US$ 1.5 billion mark in 2018, the heat shrink tubing ... Read more
According to a new market report pertaining to the global heat shrink tubing market published by Transparency Market Research , the global heat shrink tubing market is projected to reach a value of ~ US$ 2.7 Bn by 2027. The heat shrink tubing market is projected to expand at a CAGR of ~ 6% from 2019 to ... Read more
According to a new market report pertaining to the global heat shrink tubing market published by Transparency Market Research , the global heat shrink tubing market is projected to reach a value of ~ US$ 2.7 Bn by 2027. The heat shrink tubing market is projected to expand at a CAGR of ~ 6% from 2019 to 2027. Growth of the market can be attributed to the ... Read more
Global heat shrink tubing market is likely to be encouraged by the growing investment in the development and upgradation of electrical networks. Increased demand for electricity all over the world and its growing utilization in the automobile sector for insulation of the engine compartment are fuelling the market. In addition, a rise in the adoption of renewable sources of energy all over the world are also expected to spearhead growth of the global ... Read more