Global Plastic Straps Market – Analysis and Forecast (2018-2024)

Get in Touch: 1-888-253-3960 enquiry@vynzresearch.com

Global Plastic Straps Market

Industry Overview The global plastic straps market is projected to reach USD 4.9 billion by 2024, at a CAGR of 19.4 % from 2018 to 2024. The global plastic straps market is anticipated to witness an exponential growth in the

market during the forecast period, owing to the increasing use of these straps in the steel, paper, and other industries. The demands of these straps are increasing due to their properties which include easy handling, high flexibility, lightweight, and others.

Global Plastic Straps Market

Growth Drivers The major factors that are driving the plastic straps market growth are growing demand in major emerging

markets and low-cost alternative to other material. Plastic straps are the lightweight and low-cost alternative available in the market as compared to other alternatives including steel straps. Steel straps are

relatively expensive, difficult to recycle, and has sharp edges. The most common application of steel straps includes bundles of metal, steel coils, bricks and pavers, baling wire, and others. The market of steel straps has declined in the recent years due to the various factors including difficulty in recycling, which in turn is

fueling the plastic straps market growth.

Global Plastic Straps Market

Geographic Overview Globally, Asia-Pacific plastic straps market is expected to register the highest growth in the market during the forecast period. The growth can mainly be attributed to the positive economic growth due to the increasing purchasing power and increasing disposable income of the Asian countries such as China, India,

Japan, and others. Also, expanding industries in the region is also leading to the growth of the plastic straps market.

Global Plastic Straps Market

Competitive Insight Crown Holdings, MessersĂŹ Packaging, Teufelberger, Polychem Corporation, Scientex Berhad, Linder Seevetal, Mosca Direct Limited, Dubose Strapping, PAC Strapping Products, and Auto Strap India are some of the

major players operating in the plastic straps industry. Explore Full Report Sample at: https://www.vynzresearch.com/chemicals-materials/plastic-straps-market

About VynZ Research… VynZ Research is a global market research firm offering research, analytics, and consulting services on business strategies. We have a recognized trajectory record and our research database is used by many renowned companies and institutions in the world to strategize and

revolutionize business opportunities. The company focuses on providing valuable insights on various technology verticals such as Chemicals, Automotive, Transportation, Energy, Consumer Durables, Healthcare, ICT and other emerging technologies.



VynZ Research has one of the most qualified & experienced analysts, who are constantly tracking the markets and the technologies. The research team has years of proven experience and wide knowledge & understanding of the technology, application, business models, and regulators of the segments and the value chain involved.



A trusted & proven methodology that involves highest quality of primary research, secondary analysis collated & verified through various sources including cross checking with different industry experts.



Serving wide range of customers most of them from Fortune 2000 companies



With a dedicated 24x7 customer helpline our customers can reach for specifying their needs



Developing long term relationship with the clients and satisfying them is one of the crucial notches of the company. VynZ Research aims at gaining and retaining its clients in order to make long term customer relationship.

For Sample Report :https://www.vynzresearch.com/chemicals-materials/plastic-straps-market/request-sample

www.vynzresearch.com

Turn static files into dynamic content formats.

Create a flipbook