Global Plastic Cable Ties Market Growth 2023-2029

Global Plastic Cable Ties Market Growth 2023-2029

Product Code:460506

Published Date: Feb 08,2023

Pages: 125

Region: Global

Category: Energy & Power

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A cable tie (also known as a hose tie, zip tie, or by the brand name Ty-Rap) is a type of fastener, for holding items together, primarily electrical cables, and wires. Because of their low cost, ease of use, and binding strength, cable ties are ubiquitous, finding use in a wide range of other applications. The common cable tie, normally made of nylon, has a flexible tape section with teeth that engage with a pawl in the head to form a ratchet so that as the free end of the tape section is pulled the cable tie tightens and does not come undone.

LPI (LP Information)' newest research report, the “Plastic Cable Ties Industry Forecast” looks at past sales and reviews total world Plastic Cable Ties sales in 2022, providing a comprehensive analysis by region and market sector of projected Plastic Cable Ties sales for 2023 through 2029. With Plastic Cable Ties sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Plastic Cable Ties industry.

This Insight Report provides a comprehensive analysis of the global Plastic Cable Ties landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Plastic Cable Ties portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Plastic Cable Ties market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Plastic Cable Ties and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Plastic Cable Ties.

The global Plastic Cable Ties market size is projected to grow from US$ 1386 million in 2022 to US$ 1627.8 million in 2029; it is expected to grow at a CAGR of 1627.8 from 2023 to 2029.

Global major companies profiled in the plastic cable ties market include Hua Wei, HellermannTyton, Changhong Plastics Group, etc. Global top 5 companies account for nearly 35% of the market share. 
Europe and the China are likely to offer good prospects, both have a share over 60%. 
In terms of product, PA66 cable tie is the largest segment, with a share over 80%. And in terms of application, the largest application is electronic, followed by home appliances, automobile, etc.

This report presents a comprehensive overview, market shares, and growth opportunities of Plastic Cable Ties market by product type, application, key manufacturers and key regions and countries.

Market Segmentation:
Segmentation by type
    PA66 Cable Tie
    PA6 Cable Tie
    PA12 Cable Tie
    PA46 Cable Tie
    PP Cable Tie
    PE Cable Tie
    PTFE Cable Tie

Segmentation by application
    Electronic
    Home Appliances
    Automobile
    Logistics
    Others

This report also splits the market by region:
    Americas
        United States
        Canada
        Mexico
        Brazil
    APAC
        China
        Japan
        Korea
        Southeast Asia
        India
        Australia
    Europe
        Germany
        France
        UK
        Italy
        Russia
    Middle East & Africa
        Egypt
        South Africa
        Israel
        Turkey
        GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
    HellermannTyton
    Thomas & Betts
    Hua Wei
    Changhong Plastics Group
    Panduit
    Longhua Daily
    Hont Electrical
    American Elite Moulding
    Igoto Electric
    Shanghai Xinlong Plastic
    Advanced Cable Ties
    KSS
    Avery Dennison
    Yongda Plastic
    SapiSelco
    Yueqing Huada Plastic
    YY Cable Accessories
    Yueqing Xinguang
    Fengfan Electrical
    Novoflex
    HuoJu Plastic
    Yueqing Zhengde Plastic
    Yueqing Yu Tai Plastic
    KST
    Cabac
    YueQing ZhongYe Plastics

Key Questions Addressed in this Report
What is the 10-year outlook for the global Plastic Cable Ties market?
What factors are driving Plastic Cable Ties market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Plastic Cable Ties market opportunities vary by end market size?
How does Plastic Cable Ties break out type, application?
What are the influences of COVID-19 and Russia-Ukraine war?