Braided Sleeve and Textile Sleeve Market 2025
The global braided sleeve and textile sleeve
market is witnessing substantial growth, driven by various factors such as
increasing demand from various end-use industries and the rising adoption of
these products for cable management and protection applications. This report
provides a comprehensive analysis of the market dynamics, trends, and future
prospects.
Get free sample of this report at : https://www.intelmarketresearch.com/download-free-sample/233/braided-sleeve-textile-sleeve
Market Size and Growth
Projections
§ The global braided sleeve and textile sleeve
market was valued at US$ 1,107.48 million in 2023, reflecting the significant
demand for these products across various industries.
§ The market is anticipated to reach US$
2,044.02 million by 2030, growing at a Compound Annual Growth Rate (CAGR) of
9.11% during the forecast period of 2024-2030.
Regional Market
Insights North America
§ The North American market for braided sleeves
and textile sleeves is estimated to increase from US$ 236.94 million in 2023 to
US$ 430.38 million by 2030.
§ This region is projected to witness a CAGR of
8.73% during the forecast period of 2024 through 2030.
§ The growth in this region can be attributed to
the presence of several major automotive and aerospace manufacturers, as well
as the increasing adoption of these products in various industrial
applications.
Asia-Pacific
§ The Asia-Pacific market for braided sleeves
and textile sleeves is estimated to increase from US$ 495.54 million in 2023 to
US$ 942.76 million by 2030.
§ This region is expected to experience a CAGR
of 9.71% during the forecast period of 2024 through 2030.
§ The rapid industrialization and the growth of
manufacturing sectors in countries like China, India, and Southeast Asian
nations are driving the demand for these products in the Asia-Pacific region.
Key Market Players
§ The global braided sleeve and textile sleeve
market is dominated by a few major players, including Tenneco,
Delfingen, Relats, JDDTECH, HellermannTyton, Tresse Industrie, Techflex, and
Safeplast.
§ In 2023, the world's top three vendors
accounted for approximately 55.99% of the revenue, indicating a relatively
consolidated market structure.
§ These key players are continuously investing
in research and development activities to introduce innovative products and
expand their product portfolios to meet the evolving customer demands.
This report aims to provide a comprehensive
presentation of the global market for Braided Sleeve and Textile Sleeve, with
both quantitative and qualitative analysis, to help readers develop
business/growth strategies, assess the market competitive situation, analyze
their position in the current marketplace, and make informed business decisions
regarding Braided Sleeve and Textile Sleeve.
The Braided Sleeve and Textile Sleeve market
size, estimations, and forecasts are provided in terms of output/shipments (K
Km) and revenue ($ millions), considering 2023 as the base year, with history
and forecast data for the period from 2019 to 2030. This report segments the
global Braided Sleeve and Textile Sleeve market comprehensively. Regional market
sizes, concerning products by Type, by Application, and by players,
are also provided.
For a more in-depth understanding of the
market, the report provides profiles of the competitive landscape, key
competitors, and their respective market ranks. The report also discusses
technological trends and new product developments.
The report will help the Braided Sleeve and
Textile Sleeve manufacturers, new entrants, and industry chain related
companies in this market with information on the revenues, production, and
average price for the overall market and the sub-segments across the different
segments, by company, by Type, by Application, and by regions.
Market Segmentation
By Company
§ Tenneco
§ Delfingen
§ Relats
§ JDDTECH
§ HellermannTyton
§ Tresse Industrie
§ Techflex
§ Safeplast
Segment by Type
§ Braided Sleeve
§ Textile Sleeve
Segment by Application
§ Automotive
§ Construction Machinery
§ Communication Electronics
§ Rail Transportation
§ Others
Production by Region
§ North America
§ Europe
§ China
§ India
§ Southeast Asia
Consumption by Region
§ North America
§ U.S.
§ Canada
§ Asia-Pacific
§ China
§ Japan
§ South Korea
§ Southeast Asia
§ India
§ Europe
§ Germany
§ France
§ U.K.
§ Italy
§ Spain
§ Rest of Europe
§ South America
§ Mexico
§ Brazil
§ Rest of South America
Trends shaping the
Braided Sleeve and Textile Sleeve Market:
1.Growing demand for protective and insulation materials: The need for materials that offer protection
from abrasion, chemicals, and high temperatures is driving the demand for
braided and textile sleeves. Industries such as automotive, aerospace, and
manufacturing require high-performance materials to safeguard their components
and systems.
2.Increasing focus on lightweight and flexible materials: The trend towards lightweight and flexible
materials is influencing the development of braided and textile sleeves. This
is particularly important in applications where weight reduction is crucial,
such as aerospace and automotive.
3.Advancements in material technologies: Manufacturers are investing in research and
development to create innovative materials with improved properties, such as
enhanced durability, thermal resistance, and chemical resistance. This includes
the use of advanced fibers, coatings, and manufacturing techniques.
4.Expanding applications in renewable energy: The growth of the renewable energy sector is
driving the demand for braided and textile sleeves. These materials are used in
wind turbines, solar panels, and other renewable energy systems to protect
components from environmental factors and wear.
5.Rising demand for eco-friendly and sustainable materials: The increasing focus on environmental
sustainability is leading to the development of eco-friendly and recyclable
braided and textile sleeves. Manufacturers are exploring the use of bio-based
materials, as well as improving the efficiency of their production processes to
reduce waste and emissions.
6.Growth in emerging markets: Emerging economies, particularly in Asia-Pacific and Latin America,
are expected to drive the demand for braided and textile sleeves due to
increasing industrialization, urbanization, and investments in infrastructure
development.
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