Global Stainless Steel Cable Ties Market Forecasts to see 4.5% CAGR to 2024, taking it to 240 Mn US$

Sales volume of Stainless Steel Cable Ties has reached 1972.2 Million Pieces in 2017, the market is forecast to reach 2881.1 Million Pieces in 2025. 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 2017, 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 2017.

 

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 2017. 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.

 

The worldwide market for Stainless Steel Cable Ties is expected to grow at a CAGR of roughly 4.5% over the next five years, will reach 240 million US$ in 2024, from 180 million US$ in 2019

Access Report Details at: https://www.themarketreports.com/report/global-stainless-steel-cable-ties-market-by-manufacturers-regions-type-and-application-forecast

Market share of global Stainless Steel Cable Ties industry is dominate by companies like 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 and others which are profiled in this report as well in terms of Sales, Price, Revenue, Gross Margin and Market Share (2018-2019).

Market Segment by Regions, regional analysis covers:

  • North America (USA, Canada and Mexico)
  • Europe (Germany, France, UK, Russia and Italy)
  • Asia-Pacific (China, Japan, Korea, India and Southeast Asia)
  • South America (Brazil, Argentina, Columbia, etc.)
  • Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)

Market Segment by Type, covers:

  • Coated Stainless Steel Cable Ties
  • Uncoated Stainless Steel Cable Ties

Market Segment by Applications, can be divided into

  • Automobile Industry
  • Electrical Power Industry
  • Marine & Oil Exploration
  • Mining
  • Others

Purchase this premium research report at: https://www.themarketreports.com/report/buy-now/1379742

Table of Contents

1 Market Overview

2 Manufacturers Profiles

3 Global Stainless Steel Cable Ties Market Competitions, by Manufacturer

4 Global Stainless Steel Cable Ties Market Analysis by Regions

5 North America Stainless Steel Cable Ties by Countries

6 Europe Stainless Steel Cable Ties by Countries

7 Asia-Pacific Stainless Steel Cable Ties by Countries

8 South America Stainless Steel Cable Ties by Countries

9 Middle East and Africa Stainless Steel Cable Ties by Countries

10 Global Stainless Steel Cable Ties Market Segment by Type

11 Global Stainless Steel Cable Ties Market Segment by Application

12 Stainless Steel Cable Ties Market Forecast (2019-2024)

13 Sales Channel, Distributors, Traders and Dealers

14 Research Findings and Conclusion

15 Appendix

Ask your report related queries at: https://www.themarketreports.com/report/ask-your-query/1379742

Posted by on Tuesday February 19 2019, 8:01 AM EDT. All trademarks acknowledged. Filed under Advanced Materials, Chemicals. Comments and Trackbacks closed. Follow responses: RSS 2.0

Comments are closed

News Categories

Featured Press Releases

Log in