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Polyester strapping is characterized by a very consistent tensile strength and very high elongation. Characteristics that are most decisive factor for a safe and reliable strapping method. Unlike strapping made from steel, Polyester strapping having its very high elongation, is able to absorb shocks and impacts during transportation and handling far better than steel strapping is capable of. The excellent elongation allows the substitution for the same application with Polyester strap having a lower breaking strength.
The PET Strapping mainly classified into two types: Embossed PET Strapping and Smooth PET Strapping. Smooth PET Strapping is currently the most popular type in Asia-Pacific accounting for about 70% market share.
Market Analysis and Insights: Global PET Strapping Market
In 2019, the global PET Strapping market size was US$ 653.7 million and it is expected to reach US$ 827.1 million by the end of 2026, with a CAGR of 3.4% during 2021-2026.
Global PET Strapping Scope and Market Size
PET Strapping market is segmented by region, by country, company, type, application and by sales channels. Players, stakeholders, and other participants in the global PET Strapping market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on sales, revenue and forecast by region, by country, company, type, application and by sales channels for the period 2015-2026.
Segment by Type, the PET Strapping market is segmented into
Embossed PET Strapping
Smooth PET Strapping
Segment by Application, the PET Strapping market is segmented into
Applications
Wood Industry
Paper Industry
Food & Beverage
Textile Industry
Other Industries
Regional and Country-level Analysis:
North America
United States
Canada
Asia-Pacific
China
Japan
South Korea
India
Southeast Asia
Australia
Rest of Asia-Pacific
Europe
Germany
France
U.K.
Italy
Russia
Nordic Countries
Rest of Europe
Latin America
Mexico
Brazil
Rest of Latin America
Middle East & Africa
Turkey
Saudi Arabia
UAE
Rest of MEA
PET Strapping market competitive landscape provides details and data information by companies. The report offers comprehensive analysis and accurate statistics on revenue by the player for the period 2015-2020. It also offers detailed analysis supported by reliable statistics on sale and revenue by players for the period 2015-2020. Details included are company description, major business, PET Strapping product introduction, recent developments, PET Strapping sales by region, type, application and by sales channel.
The major companies include:
Signode
STEK
M.J.Maillis Group
Cordstrap
FROMM Group
Yuandong
Hiroyuki Industries
Yongsun
Baole
Patel Strap Manufacturing
Tianli
Strapack
Teufelberger
Cyklop
Ruparel Polystrap
Mosca
The PET Strapping mainly classified into two types: Embossed PET Strapping and Smooth PET Strapping. Smooth PET Strapping is currently the most popular type in Asia-Pacific accounting for about 70% market share.
Market Analysis and Insights: Global PET Strapping Market
In 2019, the global PET Strapping market size was US$ 653.7 million and it is expected to reach US$ 827.1 million by the end of 2026, with a CAGR of 3.4% during 2021-2026.
Global PET Strapping Scope and Market Size
PET Strapping market is segmented by region, by country, company, type, application and by sales channels. Players, stakeholders, and other participants in the global PET Strapping market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on sales, revenue and forecast by region, by country, company, type, application and by sales channels for the period 2015-2026.
Segment by Type, the PET Strapping market is segmented into
Embossed PET Strapping
Smooth PET Strapping
Segment by Application, the PET Strapping market is segmented into
Applications
Wood Industry
Paper Industry
Food & Beverage
Textile Industry
Other Industries
Regional and Country-level Analysis:
North America
United States
Canada
Asia-Pacific
China
Japan
South Korea
India
Southeast Asia
Australia
Rest of Asia-Pacific
Europe
Germany
France
U.K.
Italy
Russia
Nordic Countries
Rest of Europe
Latin America
Mexico
Brazil
Rest of Latin America
Middle East & Africa
Turkey
Saudi Arabia
UAE
Rest of MEA
Competitive Landscape
and PET Strapping Market Share AnalysisPET Strapping market competitive landscape provides details and data information by companies. The report offers comprehensive analysis and accurate statistics on revenue by the player for the period 2015-2020. It also offers detailed analysis supported by reliable statistics on sale and revenue by players for the period 2015-2020. Details included are company description, major business, PET Strapping product introduction, recent developments, PET Strapping sales by region, type, application and by sales channel.
The major companies include:
Signode
STEK
M.J.Maillis Group
Cordstrap
FROMM Group
Yuandong
Hiroyuki Industries
Yongsun
Baole
Patel Strap Manufacturing
Tianli
Strapack
Teufelberger
Cyklop
Ruparel Polystrap
Mosca
Frequently Asked Questions
This market study covers the global and regional market with an in-depth analysis of the overall growth prospects in the market. Furthermore, it sheds light on the comprehensive competitive landscape of the global market. The report further offers a dashboard overview of leading companies encompassing their successful marketing strategies, market contribution, recent developments in both historic and present contexts.
- By product type
- By End User/Applications
- By Technology
- By Region
The report provides a detailed evaluation of the market by highlighting information on different aspects which include drivers, restraints, opportunities, and threats. This information can help stakeholders to make appropriate decisions before investing.
