TECHGuru

  Heat Shrink Tubing Market – Growing Focus on Expanding Catheter Capabilities 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 market has entered a new era of technological innovations in catheters with multiple capabilities. In addition, the adoption of advanced technologies such as peelable heat shrink tubing (PHST), to improve catheter performance in heat shrink tubes, is opening up new horizons of innovation in this market. One of the most popular and recent examples includes the Junkosha’s  2.5:1  PHST solution, which has been touted to have the best shrink ratio. Pioneered by Japanese Conglomerate – Junkosha – with its subsidiaries in the U.S., China, and the U.K., this unique trend will allow manufacturers and key m...