Stainless Steel Cable Ties Market Size By Regional Analysis(Europe, Asia Pacific, America, Middle East And Africa), By Demand & COVID-19 Impact Analysis, By Type, By Applications And Forecasts 2023 - 2030 (Financial Impact Analysis)
ID : MRU_
316945 | Date :
Nov, 2021 | Pages :
164 | Region : Global |
Publisher : RI
The market research report is created with a compilation of analytical research based on historic records, current statistics, and future predictions. The report contains details on the leading players operating in the Stainless Steel Cable Ties market including various factors related to and dependent influencing the market growth.
A cable tie (also known as a wire tie, hose tie, steggel tie, zap strap or zip tie, and by the brand names Ty-Rap and Panduit strap) is a type of fastener, for holding items together, primarily electrical cables or wires. Because of their low cost and ease of use, cable ties are ubiquitous, finding use in a wide range of other applications. Stainless steel versions, either naked or coated with a rugged plastic, cater for exterior applications and hazardous environments.
Sales volume of Stainless Steel Cable Ties has reached 1972.2 Million Pieces in 2020, the market is forecast to reach 2881.1 Million Pieces in 2030. With sustained and stable demand from downstream verticals.
Stainless Steel cable ties find a vast application for collecting and organizing electric wires and cables. With features like high strength, non-flammability, resistance to corrosion, UV rays and temperature extremes, stainless steel cable ties can be used in virtually all indoor, outdoor and underground (including direct burial) and undersea applications. They are especially well suited for the harsh environments of marine operations, oil and gas exploration, mining, petroleum refining and distribution, agriculture and food processing, pulp and paper production and power and telecommunications cabling.
Geographically, the consumption market is leading by North America, China and Europe, sales in Asia Pacific regions like Southeast Asia and India will see significant growth in future period. In terms of year 2020, North America holds the largest market share, with about 75.26 Million USD sales revenue, followed by China, with about 30.49% market share in 2020.
With the advantages of technology, capital and scale, the stainless steel cable tie manufacturers in Europe, America and China occupied most of the market share in the middle and high-end Stainless Steel Cable Tie Products. In Asia other, South America and other countries and regions, the scale of stainless steel cable tie manufactures is generally small, the production process and production technology are traditional, and the efficiency is low, mainly for low-end Stainless Steel Cable Tie products.
Panduit and HellermannTyton are the biggest two players in Stainless Steel Cable Ties market, with about 12.16% and 10.98% market share separately in 2020. Other leading market players in stainless steel cable ties market include Thomas & Betts, NORMA Group, BAND-IT, Yueqing Xinxing Cable Accessories, FENGFAN electrical, Tridon and Lerbs etc. the market competition may become more intense with more innovation products, acquisitions and improvement of raw material cost control and etc.
Global Stainless Steel Cable Ties market size will increase to 260 Million US$ by 2030, from 180 Million US$ in 2020, at a CAGR of 4.4% during the forecast period. In this study, 2023 has been considered as the base year and 2023 to 2030 as the forecast period to estimate the market size for Stainless Steel Cable Ties.
The report is prepared using analytical methods such as SWOT (strengths, weaknesses, opportunities, and threats)) analysis, PESTEL Analysis, Porter\'s Five Force Analysis, and value chain analysis. These methods provide a clear view of the market structure and analyze competition at a global level. They also provide detailed information on each segment in the global Stainless Steel Cable Ties market.
The aim of the report is to interpret the market sizes of various segments and countries for the forecast period. The study includes the qualitative and quantitative analysis of the market. The report analyses the Stainless Steel Cable Ties market on a regional and global level with a deep analysis of macro-and micro-economic factors impacting the growth of the market. This report also includes market information related to the latest industry trends, market developments, and analysis of products and end users contributing to market growth. An in-depth study of the current market scenario, major driving factors, and restraining factors for the market are also included in the report.
The Stainless Steel Cable Ties market report includes information related to market segmentation, market size and revenue forecasts, and regional forecasts along with information about the leading market players operating in the market, company revenue shares and, their recent developments. The market is classified regionally on country-level into North America, Europe, Asia Pacific, the Middle East and Africa, and South America.
Scope of the Stainless Steel Cable Ties Market: The major competitors working in the market are:
, Panduit, HellermannTyton, NORMA Group, Thomas & Betts, Lerbs, Essentra Components, HerWant&Co., Cheng Heng, Tridon, Heyco, Weidmuller, NSi Industries, DOTgroup International, Partex Marking Systems, Cablecraft, BAND-N-GO, BAND-IT, FENGFAN electrical, Yueqing Xinxing Cable Accessories, KSS
Market by Order Type
Coated Stainless Steel Cable Ties
Uncoated Stainless Steel Cable Ties
Stainless Steel Cable Ties Data by Application
Automobile Industry
Electrical Power Industry
Marine & Oil Exploration
Mining
Others
Stainless Steel Cable Ties Production Regions Covered in the Report are:
North America
Europe
Asia Pacific
Middle East & Africa
Rest of the World
The information about the Stainless Steel Cable Ties market is obtained from several sources such as company websites, journals, annual reports, which were then assessed and verified by the industry experts. The information is represented in the form of diagrams, charts, pie charts, and infographics, which helps in a better understanding of the market.
Objectives of Stainless Steel Cable Ties Market Report:
To analyze the factors driving the market growth including supply chain analysis, price analysis along with other analytical methods
To provide an in-depth analysis of the Stainless Steel Cable Ties market with information on various segment and sub-segments
To provide a regional analysis and global analysis for the Stainless Steel Cable Ties market size and their forecasts
To provide strategic profiles of the key players operating in the Stainless Steel Cable Ties market, their key competencies, and market competition
To provide a competitive scenario about the key factors driving, restraining, and challenging the market growth.
The impact of COVID-19 pandemic on the Stainless Steel Cable Ties market
Target Audiences for Stainless Steel Cable Ties Market:
Investors
Investment Bankers
Key Consulting Companies and Advisors
Venture Capitalists
Large, Medium-sized, and Small enterprises
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