Title: Plastic Straps Market 2023
1Plastic Straps Market to Exceed 3.68 billion USD
by 2023
2- According to the new market research report
"Plastic Straps Market by Type (Polyester Straps,
Polypropylene Straps, Nylon Straps, Paper Straps,
Composite Straps, Corded and Woven Straps),
End-Use Industry (Fiber, Steel, Cotton, Paper,
Bricks Tiles), and Region - Global Forecast to
2023", The plastic straps market is projected to
grow from USD 1.55 billion in 2018 to USD 3.68
billion by 2023, at a CAGR of 18.8 during the
forecast period. The growth of the plastic straps
market can be attributed to the rising demand for
plastic straps from the paper and cotton
industries, coupled with their increasing
consumption in the construction industry. - Early buyers will receive 10 customization on
this report.
3- Dont miss out on business opportunities in
Textile Chemicals Market. Speak to our analyst
and gain crucial industry insights that will help
your business grow - https//www.marketsandmarkets.com/speaktoanalyst.a
sp?id260486426 - Among types, the polypropylene straps segment is
projected to lead plastic straps market from 2018
to 2023 in terms of both, value and volume. - Based on type, the plastic straps market has been
divided into polyester straps, polypropylene
straps, nylon straps, and others (paper straps,
composite straps, and corded woven straps).
These straps are used in different end-use
industries such as paper, cotton, fiber, and
bricks tiles. The polypropylene straps segment
is projected to lead the plastic straps market,
in terms of both, value and volume. The polyester
straps segment of the market is projected to grow
at the highest CAGR, in terms of value during the
forecast period. The growth of the polyester
straps segment of the market can be attributed to
increased consumption of polyester straps in
various end-use industries due to their
exceptional tensile strength, high flexibility,
and excellent corrosion resistance.
4Browse and in-depth TOC on "Textile Chemicals
Market" 101 - Tables 31 - Figures 119 - Pages
https//www.marketsandmarkets.com/Market-Report
s/plastic-strap-market-260486426.html Among
end-use industries, the cotton segment of the
plastic straps market is projected to grow at the
highest CAGR in terms of value, from 2018 to
2023. Plastic straps are used in various end-use
industries such as paper, cotton, bricks tiles,
and fiber. The cotton end-use industry segment of
the plastic straps market is projected to grow at
the highest CAGR, in terms of value during the
forecast period. These plastic straps offer
increased corrosion resistance, high tensile
strength, and easy recyclability, thereby making
them ideal for use in various end-use industries.
5The Asia Pacific plastic straps market is
projected to grow at the highest CAGR, in terms
of value from 2018 to 2023. The Asia Pacific
plastic straps market is projected to grow at the
highest CAGR, in terms of value during the
forecast period. In terms of value, the China
plastic straps market is projected to grow at the
highest CAGR during the forecast period. In the
recent years, Asia Pacific region has emerged as
a hub for various types of industrial activities,
thereby leading to the increased consumption of
plastic straps in the region. This, in turn, has
led to the growth of the Asia Pacific plastic
straps market. Moreover, the continuously rising
middle-class of the Asia Pacific region and their
increasing purchasing power and disposable income
have led to the growth of the paper, steel, and
bricks tiles industries in the region. This, in
turn, has led to the increased demand for plastic
straps from these industries, thereby fueling the
growth of the Asia Pacific plastic straps
market. The leading players operating in the
plastic straps market are Crown Holdings (US),
Polychem Corporation (US), Teufelberger
(Austria), FROMM Packaging (US), Messersi
Packaging (Italy), Dubose Strapping (US), Auto
Strap (India), and PAC Strapping (US).
6- Key Target Audience
- Manufacturers of Plastic Straps
- Raw Material Suppliers
- Providers of Technologies Used for Manufacturing
Plastic Straps - Traders, Distributors, and Suppliers of Plastics
Straps - End-use Industries
- Government and Regional Agencies and Research
Organizations - Investment Research Firms
- Browse Adjacent Markets _at_ Chemicals Market
Research Reports Consulting
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