Global Cable Ties Market, By Product (Releasable Cable Tie, Non- Releasable Cable Tie, Beaded Cable Tie, Push Mount Cable Tie, Rising Hole Cable Tie, Identification Cable Tie, Heat Stabilized Cable Tie), Material (Nylon 6,6 Cable Tie, Polypropylene Cable Tie, Tefzel Cable Tie, Metallic Cable Tie, Others), Application (Electronic and Electricals, Construction Application, Automobile Application, Agriculture Application, Others), Country (U.S., Canada, Mexico, Brazil, Argentina, Rest of South America, Germany, France, Italy, U.K., Belgium, Spain, Russia, Turkey, Netherlands, Switzerland, Rest of Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, U.A.E, Saudi Arabia, Egypt, South Africa, Israel, Rest of Middle East and Africa) Industry Trends and Forecast to 2028
Market Analysis and Insights : Global Cable Ties Market
Cable ties market will reach an estimated valuation of USD 200.12 million by 2028, while registering this growth at a rate of 5.0% for the forecast period of 2021 to 2028. Cable ties market report analyses the growth, which is currently being growing due to the increasing growth of the construction industry across the globe.
Various names such as zip links, non-releasable or releasable tags, straps, tie wrap, rat belts and others are recognised for cable ties. As per the requirement of the customers to customers, they manufactured and sold in various sizes. Cable ties are a one-piece moulded mechanism with a fastening and self-locking system with no metal barbs or burdensome wedges. Due of the modest industrial process, cable ties are simply available with a wide range of goods and require comparatively smaller investments to set up production units.
The growing number of applications from various industries such as electronics and electricals automobile, consumer goods, food and beverage, and agriculture industry, rising usages of the product as it offer better bundle tightness, flexibility and superior tensile strength, increasing need for product identification, growing adoption of metal as well as nylon cable ties from pharmaceutical sector are some of the major as well as important factors which will likely to augment the growth of the cable ties market in the projected timeframe of 2021-2028. On the other hand, introduction of innovative solutions along with rising investments in the 5G network which will further contribute by generating massive opportunities that will lead to the growth of the cable ties market in the above mentioned projected timeframe.
Volatility in the prices of raw material along with increasing number of competition among the players which will likely to act as market restraints factor for the growth of the cable ties in the above mentioned projected timeframe. Availability of product substitute along with environmental concern related to plastic products which will become the biggest and foremost challenge for the growth of the market.
This cable ties market report provides details of new recent developments, trade regulations, import export analysis, production analysis, value chain optimization, market share, impact of domestic and localised market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographical expansions, technological innovations in the market. To gain more info on cable ties market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
Global Cable Ties Market Scope and Market Size
Cable ties market is segmented on the basis of product, material, and application. The growth amongst the different segments helps you in attaining the knowledge related to the different growth factors expected to be prevalent throughout the market and formulate different strategies to help identify core application areas and the difference in your target markets.
- On the basis of product, the cable ties market is segmented into releasable cable tie, non- releasable cable tie, beaded cable tie, push mount cable tie, rising hole cable tie, identification cable tie, and heat stabilized cable tie.
- Based on material, the cable ties market is segmented into nylon 6, 6 cable tie, polypropylene cable tie, tefzel cable tie, metallic cable tie, and others.
- Cable ties market is segmented in terms of market value, volume, market opportunities, and niches into multiple applications. The application segment for cable ties market includes electronic and electricals, construction application, automobile application, agriculture application, and others.
Cable Ties Market Country Level Analysis
Cable ties market is analysed and market size, volume information is provided by country, product, material, and application as referenced above.
The countries covered in the cable ties market report are U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, Israel, Egypt, South Africa, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.
North America dominates the cable ties market due to the increasing demand for residential and commercial construction, increasing number of research and development activities along with existence of well-established industrial infrastructure in the region. Asia-Pacific region is expected to hold the largest growth rate due to the increasing manufacturing activities, surging levels of investment by the market players along with growth of the retail sector in the region.
The country section of the report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points such as consumption volumes, production sites and volumes, import export analysis, price trend analysis, cost of raw materials, down-stream and upstream value chain analysis are some of the major pointers used to forecast the market scenario for individual countries. Also, presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
Competitive Landscape and Cable Ties Market Share Analysis
Cable ties market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies’ focus related to cable ties market.
The major players covered in the cable ties market report are 3M; Advanced Cable Ties, Inc.; Southwire Company, LLC; YueQing Bontley Electric Co.,Limited; Acme Seals Group of Companies; AVERY DENNISON CORPORATION.; BAND-IT; HellermannTyton; Novoflex; Panduit; PARTEX MARKING SYSTEMS; RS Components & Controls (I) Ltd.; Sapiselco; Surelock Plastics Pvt. Ltd.; ABB Installation Products Inc.; All-States Inc.; Changhong Plastics Group Imperial Plastics Co.,Ltd.; HOODS CORPORATION; H.W. Eckhardt Corporation.; KAI SUH SUH ENTERPRISE CO., LTD.; among other domestic and global players. Market share data is available for global, North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America separately. DBMR analysts understand competitive strengths and provide competitive analysis for each competitor separately.
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