A cable tie (also known as a wire tie, hose tie, steggel tie, zap strap or zip tie, and by the brand names Ty-Rap and Panduit strap) is a type of fastener, for holding items together, primarily electrical cables or wires. Because of their low cost and ease of use, cable ties are ubiquitous, finding use in a wide range of other applications. Stainless steel versions, either naked or coated with a rugged plastic, cater for exterior applications and hazardous environments.
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 global Stainless Steel Cable Ties market was 180 million US$ in 2018 and is expected to 260 million US$ by the end of 2025, growing at a CAGR of 4.4% between 2019 and 2025.
This report studies the Stainless Steel Cable Ties market size (value and volume) by players, regions, product types and end industries, history data 2014-2018 and forecast data 2019-2025; This report also studies the global market competition landscape, market drivers and trends, opportunities and challenges, risks and entry barriers, sales channels, distributors and Porter's Five Forces Analysis.
Geographically, this report is segmented into several key regions, with sales, revenue, market share and growth Rate of Stainless Steel Cable Ties in these regions, from 2014 to 2025, covering
North America (United States, Canada and Mexico)
Europe (Germany, UK, France, Italy, Russia and Turkey etc.)
Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)
South America (Brazil etc.)
Middle East and Africa (Egypt and GCC Countries)
The various contributors involved in the value chain of the product include manufacturers, suppliers, distributors, intermediaries, and customers. The key manufacturers in this market include
Thomas & Betts
Partex Marking Systems
Yueqing Xinxing Cable Accessories
By the product type, the market is primarily split into
Coated Stainless Steel Cable Ties
Uncoated Stainless Steel Cable Ties
By the end users/application, this report covers the following segments
Electrical Power Industry
Marine & Oil Exploration
We can also provide the customized separate regional or country-level reports, for the following regions:
Rest of Asia-Pacific
Rest of Europe
Central & South America
Rest of Central & South America
Middle East & Africa
Rest of Middle East & Africa
The study objectives of this report are:
To study and analyze the global Stainless Steel Cable Ties market size (value & volume) by company, key regions/countries, products and application, history data from 2014 to 2018, and forecast to 2025.
To understand the structure of Stainless Steel Cable Ties market by identifying its various subsegments.
To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).
Focuses on the key global Stainless Steel Cable Ties manufacturers, to define, describe and analyze the sales volume, value, market share, market competition landscape, SWOT analysis and development plans in next few years.
To analyze the Stainless Steel Cable Ties with respect to individual growth trends, future prospects, and their contribution to the total market.
To project the value and volume of Stainless Steel Cable Ties submarkets, with respect to key regions (along with their respective key countries).
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
To strategically profile the key players and comprehensively analyze their growth strategies.
In this study, the years considered to estimate the market size of Stainless Steel Cable Ties are as follows:
History Year: 2014-2018
Base Year: 2018
Estimated Year: 2019
Forecast Year 2019 to 2025
This report includes the estimation of market size for value (million USD) and volume (M Pcs). Both top-down and bottom-up approaches have been used to estimate and validate the market size of Stainless Steel Cable Ties market, to estimate the size of various other dependent submarkets in the overall market. Key players in the market have been identified through secondary research, and their market shares have been determined through primary and secondary research. All percentage shares, splits, and breakdowns have been determined using secondary sources and verified primary sources.
For the data information by region, company, type and application, 2018 is considered as the base year. Whenever data information was unavailable for the base year, the prior year has been considered.
Raw material suppliers
Regulatory bodies, including government agencies and NGO
Commercial research & development (R&D) institutions
Importers and exporters
Government organizations, research organizations, and consulting firms
Trade associations and industry bodies
With the given market data, QYResearch offers customizations according to the company's specific needs. The following customization options are available for the report:
Further breakdown of Stainless Steel Cable Ties market on basis of the key contributing countries.
Detailed analysis and profiling of additional market players.