'Global Cable Tie Materials Market' the new research report adds in Data Bridge Market Research's reports database. This Research Report spread across 329 Page, 53 No of Tables, And 244 No of Figures with summarizing Top companies, with tables and figures. The Cable Tie Materials market research report presents a comprehensive study on production capacity, consumption, import and export for all the major regions across the world. By keeping in mind the end user's point of view, a team of researchers, forecasters, analysts and industry expert's work in-depth to formulate this Cable Tie Materials market research report. The research and analysis carried out in this Cable Tie Materials report assists clients to forecast investment in an emerging market, expansion of market share or success of a new product. To turn complex market insights into simpler version, well established tools and techniques are used for generation of Cable Tie Materials report.
Global cable tie materials Market was valued at USD 108.1 million in 2021 and is expected to reach USD 168.64 billion by 2029, registering a CAGR of 5.4% during the forecast period of 2022-2029. The “building and construction" accounts for the largest application segment in the cable tie materials market.
In addition to the market insights such as market value, growth rate, market segments, geographical coverage, market players, and market scenario, the market report curated by the Data Bridge Market Research team includes in-depth expert analysis, import/export analysis, pricing analysis, production consumption analysis, and climate chain scenario.
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Market Definition
Cable tie materials can meet a wide range of demands, as they are used in a variety of operations, ranging from simple cable bundling to specific use of cable ties in extreme conditions. Cable ties (also referred as wire ties, zipper ties, wire wraps, hose ties, rat belts, and mouse belts) are a cost-effective and versatile way to bundle cables and wires. It is manufactured and sold in a variety of sizes to meet the needs of customers. A cable tie is a one-piece moulded mechanism with a fastening and self-locking device that has no metal barbs or burdensome wedges.
REPORT METRIC | DETAILS |
Forecast Period | 2022 to 2029 |
Base Year | 2021 |
Historic Years | 2020 (Customizable to 2019 - 2014) |
Quantitative Units | USD 168.64 billion by 2029, registering a CAGR of 5.4% |
Segments Covered | By Material (Nylon, Metallic, Polypropylene, Tefzel, Stainless Steel, Others), 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), Application (Electronics And Electrical, Consumer Goods, Building And Construction, Food And Beverage, Automobile Industry, Agriculture) |
Countries Covered | U.S., Canada, Mexico, Germany, Italy, U.K., France, Spain, Netherlands, Belgium, Switzerland, Turkey, Russia, Rest of Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia- Pacific, Brazil, Argentina, Rest of South America, South Africa, Saudi Arabia, UAE, Egypt, Israel, Rest of Middle East and Africa |
Market Players Covered | Ascend Performance Material (U.S.), 3M (U.S.), Hellermann Tyton (U.K.), ABB Installation Products Inc. (U.S.), Changhong Plastics Group Imperial Plastics Co., Ltd. (China), HellermannTyton (U.K), YUEQING HUADA PLASTIC CO., LTD., (China), AVERY DENNISON CORPORATION (U.S), HONT Electrical Co. Ltd (China), PARTEX MARKING SYSTEMS (Sweden), (U.S.), H.W. Eckhardt Corporation (U.S), Hoods Cable Tie (India), Acme Seals Group of Companies (U.K), BAND-IT (U.S), and Advanced Cable Ties, Inc (U.S) |
Cable Tie Materials Market Dynamics
This section deals with understanding the market drivers, advantages, opportunities, restraints and challenges. All of this is discussed in detail as below:
- Beneficial Properties of Cable Ties
The cable ties offer various properties such as the better bundle tightness, flexibility, and superior tensile strength and safely and securely organize electrical cables that potentially evades damage, falls, and impairment to cables, resulting in greater demand for cable ties further leading to accelerate the growth of the market.
- Growing Demand Across End Users
Furthermore, the various application of cable ties across several industries, such as electronics and electrical, consumer goods, building and construction, food and beverage, automobile industry, agriculture will bolster the growth of the market. Cable ties are largely utilized in the construction and automotive industries to tie multiple things together during the primary construction activities and in automotive assembling lines that cushions the overall growth of the market.
- Rising Economic Growth
Surging urbanization and globalization leads to penetration of small-scale market players across the globe, which will drive market value growth. Additionally, growing disposable income and rapid expansion of the construction sector will further expand the future growth of the cable tie materials market.
- Rising Advancements and Innovations
Furthermore, the high investments in energy, infrastructure and technology development are other market growth determinants. Surging technological advancements and introduction of innovative solutions along with rising investments in the 5G network extend profitable opportunities to the market players in the forecast period of 2022 to 2029.
Restraints/Challenges
- Volatility in Crude Oil Prices
The varying global crude oil prices are also adversely impacting the market and will create hindrances for the growth of the cable tie materials market.
- Rising Environmental Concerns
The environmental concerns related to disposal will challenge the cable tie materials market. Also, low awareness in underdeveloped regions and growing competition will act as growth restraints for the market.
This cable tie materials market report provides details of new recent developments, trade regulations, import-export analysis, production analysis, value chain optimization, market share, impact of domestic and localized 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, geographic expansions, technological innovations in the market. To gain more info on the cable tie materials market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
Recent Development
- In June 2021, Sharp NEC Display Solutions, a global leader in the display market, announced today a collaboration with Avery Dennison to deliver ActiveSceneTM, an innovative, interactive AV solution. ActiveSceneTM is a comprehensive AV solution that combines Avery Dennison's VelaTM Dynamic System with NEC projection technology to transform existing windows into engaging, eye-catching displays.
Top Key players in Global Cable Tie Materials Market Report: Ascend Performance Material (U.S.), 3M (U.S.), Hellermann Tyton (U.K.), ABB Installation Products Inc. (U.S.), Changhong Plastics Group Imperial Plastics Co.,Ltd. (China), HellermannTyton (U.K), YUEQING HUADA PLASTIC CO., LTD., (China), AVERY DENNISON CORPORATION (U.S), HONT Electrical Co. Ltd (China), PARTEX MARKING SYSTEMS (Sweden), (U.S.), H.W. Eckhardt Corporation (U.S), Hoods Cable Tie (India), Acme Seals Group of Companies (U.K), BAND-IT (U.S), and Advanced Cable Ties, Inc (U.S)
Get Access to Full Report (Including Graphs, Charts & Figures) at https://www.databridgemarketresearch.com/reports/global-cable-tie-materials-market
Market Segmentation:
The cable tie materials market is segmented on the basis of material, product and application. The growth amongst these segments will help you analyze meagre growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.
Material
- Nylon
- Metallic
- Polypropylene
- Tefzel
- Stainless Steel
- Others
On the basis of material, the cable tie materials market has been segmented into nylon, metallic, polypropylene, tefzel, stainless steel and others.
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
On the basis of product, the cable tie materials market has been 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.
Application
- Electronics and Electrical
- Consumer Goods
- Building and Construction
- Food and Beverage
- Automobile Industry
- Agriculture
On the basis of application, the cable tie materials market is segmented into electronics and electrical, consumer goods, building and construction, food and beverage, automobile industry and agriculture. The building and construction registers highest market share within the segment in the forecasted period.
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Cable Tie Materials Market Regional Analysis/Insights
The cable tie materials market is analyzed and market size insights and trends are provided by country, material, product and application as referenced above.
The countries covered in the cable tie materials 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, South Africa, Egypt, Israel, 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 tie materials market because of the significant demand for residential and commercial construction in the region.
On the other hand, Asia-Pacific is estimated to register a significant growth due to the rapid urbanization and industrialization, growth in the material handling industry, and rise in the consumer electronics sector in the region.
The country section of the report also provides individual market impacting factors and changes in market regulation that impact the current and future trends of the market. Data points like down-stream and upstream value chain analysis, technical trends and porter's five forces analysis, case studies are some of the pointers used to forecast the market scenario for individual countries. Also, the 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.
Key questions answered in the report:
- What will the market development pace of the Cable Tie Materials market?
- What are the key factors driving the Global Cable Tie Materials market?
- Who are the key manufacturers in the market space?
- What are the market openings, market hazard and market outline of the market?
- What are sales, revenue, and price analysis of top manufacturers of Cable Tie Materials market?
- Who are the distributors, traders, and dealers of Cable Tie Materials market?
- What are the Cable Tie Materials market opportunities and threats faced by the vendors in the Global Cable Tie Materials industries?
- What are deals, income, and value examination by types and utilizations of the market?
- What are deals, income, and value examination by areas of enterprises?
For More Insights Get Detailed TOC at https://www.databridgemarketresearch.com/toc/?dbmr=global-cable-tie-materials-market
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