The effects of ${gamma}$-irradiation on the crosslinking of high density polyethylene (HDPE) was investigated for the purpose of obtaining a suitable formulation for heat shrinkable materials. In this study the HDPE specimens were prepared by blending with cross linking agents and pressed into a 0.2 mm sheet at 18$0^{circ}C$. ${gamma}$-irradiation was conducted at 40 to 100 kGy in nitrogen. The heat shrinkable property and thermal mechanical property of the HDPE sheets have been investigated. It was found that the degree of crosslinking of the irradiated HDPE samples were increased with irradiation dose. Compared with the HDPE containing triallylisocyanurate, the HDPE containing trimethylol propane triacrylate shows a slight increase in crosslinking density. The heat transformation and dimension change of HDPE decreased with increasing radiation dose. The heat shrinkage of the samples increased with increasing annealing temperatures. The thermal resistance of HDPE increased upon the crosslinking of HDPE.