| Product Code: ETC5764416 | Publication Date: Nov 2023 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Ravi Bhandari | No. of Pages: 60 | No. of Figures: 30 | No. of Tables: 5 |
In 2024, Norway continued to import heat-shrink tubing primarily from Sweden, Italy, Germany, Denmark, and China. The high Herfindahl-Hirschman Index (HHI) indicates a concentrated market. Despite a strong compound annual growth rate (CAGR) of 14.14% from 2020 to 2024, the growth rate dipped by -31.09% in 2024. This suggests a potential slowdown in the market, which could be influenced by various factors such as economic conditions or changing consumer preferences. Monitoring these trends will be crucial for stakeholders in the heat-shrink tubing industry.

1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Norway Heat-Shrink Tubing Market Overview |
3.1 Norway Country Macro Economic Indicators |
3.2 Norway Heat-Shrink Tubing Market Revenues & Volume, 2021 & 2031F |
3.3 Norway Heat-Shrink Tubing Market - Industry Life Cycle |
3.4 Norway Heat-Shrink Tubing Market - Porter's Five Forces |
3.5 Norway Heat-Shrink Tubing Market Revenues & Volume Share, By Voltage, 2021 & 2031F |
3.6 Norway Heat-Shrink Tubing Market Revenues & Volume Share, By Material, 2021 & 2031F |
3.7 Norway Heat-Shrink Tubing Market Revenues & Volume Share, By End-User, 2021 & 2031F |
4 Norway Heat-Shrink Tubing Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for heat-shrink tubing in the automotive industry for wire harnessing and cable protection. |
4.2.2 Growing adoption of heat-shrink tubing in the electronics sector for insulation and protection of components. |
4.2.3 Rising focus on renewable energy projects driving the demand for heat-shrink tubing in the energy sector. |
4.3 Market Restraints |
4.3.1 Fluctuating raw material prices impacting the production cost of heat-shrink tubing. |
4.3.2 Competition from alternative technologies like cable ties and tapes affecting market growth. |
4.3.3 Regulatory challenges related to environmental impact and disposal of heat-shrink tubing. |
5 Norway Heat-Shrink Tubing Market Trends |
6 Norway Heat-Shrink Tubing Market Segmentations |
6.1 Norway Heat-Shrink Tubing Market, By Voltage |
6.1.1 Overview and Analysis |
6.1.2 Norway Heat-Shrink Tubing Market Revenues & Volume, By Low, 2021-2031F |
6.1.3 Norway Heat-Shrink Tubing Market Revenues & Volume, By Medium, 2021-2031F |
6.1.4 Norway Heat-Shrink Tubing Market Revenues & Volume, By High, 2021-2031F |
6.2 Norway Heat-Shrink Tubing Market, By Material |
6.2.1 Overview and Analysis |
6.2.2 Norway Heat-Shrink Tubing Market Revenues & Volume, By Polyolefin, 2021-2031F |
6.2.3 Norway Heat-Shrink Tubing Market Revenues & Volume, By Polytetrafluoroethylene, 2021-2031F |
6.2.4 Norway Heat-Shrink Tubing Market Revenues & Volume, By Fluorinated Ethylene Propylene, 2021-2031F |
6.3 Norway Heat-Shrink Tubing Market, By End-User |
6.3.1 Overview and Analysis |
6.3.2 Norway Heat-Shrink Tubing Market Revenues & Volume, By Utilities, 2021-2031F |
6.3.3 Norway Heat-Shrink Tubing Market Revenues & Volume, By Chemical, 2021-2031F |
6.3.4 Norway Heat-Shrink Tubing Market Revenues & Volume, By Automotive, 2021-2031F |
6.3.5 Norway Heat-Shrink Tubing Market Revenues & Volume, By Food & Beverage, 2021-2031F |
7 Norway Heat-Shrink Tubing Market Import-Export Trade Statistics |
7.1 Norway Heat-Shrink Tubing Market Export to Major Countries |
7.2 Norway Heat-Shrink Tubing Market Imports from Major Countries |
8 Norway Heat-Shrink Tubing Market Key Performance Indicators |
8.1 Percentage increase in the adoption of heat-shrink tubing in the automotive industry. |
8.2 Number of new applications or industries utilizing heat-shrink tubing. |
8.3 Growth in the demand for specialized heat-shrink tubing variants for specific applications. |
9 Norway Heat-Shrink Tubing Market - Opportunity Assessment |
9.1 Norway Heat-Shrink Tubing Market Opportunity Assessment, By Voltage, 2021 & 2031F |
9.2 Norway Heat-Shrink Tubing Market Opportunity Assessment, By Material, 2021 & 2031F |
9.3 Norway Heat-Shrink Tubing Market Opportunity Assessment, By End-User, 2021 & 2031F |
10 Norway Heat-Shrink Tubing Market - Competitive Landscape |
10.1 Norway Heat-Shrink Tubing Market Revenue Share, By Companies, 2024 |
10.2 Norway Heat-Shrink Tubing Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations | 13 Disclaimer |