ndbwhunter
WKR
You can buy heat shrink at Lowes ot probably any automotive parts house.
I've seen the stuff there, but it's usually not advertised as non-conductive. I did find some stuff online at US Plastics. It is "highly non-conductive", but the smallest size is 5/8" and clear in color. I'm not sure if it would shrink down enough to fit on a carbon arrow.