Market Overview:
The global industrial cable ties market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The market growth can be attributed to the increasing demand for industrial cable ties in various applications such as automobile industry, electrical power industry, marine and oil exploration, mining, and others. In addition, the growing demand for stainless steel cable ties is also contributing to the growth of the global industrial cable ties market. However, volatility in raw material prices may hamper the market growth during the forecast period.
Product Definition:
Industrial cable ties are a type of fastener used to secure cables and wires. They are typically made from nylon, polypropylene, or stainless steel, and come in a variety of shapes and sizes. Industrial cable ties have many applications in both industrial and commercial settings. They can be used to bundle cables together for organization or protection, attach cables to objects or structures, create temporary wiring harnesses, and more.
Stainless Steel Cable Ties:
Stainless steel cable tie is a variant of cable tie which is made from high quality stainless steel material. It has several advantages over other metalic ties such as it can be used in corrosive environments, provides mechanical strength and prevents the formation of rust. These are highly flexible and durable variants which can be used for bundling or coiling applications in industrial sector.
Plastic Cable Ties:
Plastic cable tie is a kind of fastening device used to bind two or more wires together. It can be easily attached and removed without any damage to the wires. Plastic cable tie has several advantages over metal wire ties including low cost, flexibility, durability, corrosion resistance and high mechanical strength among others.
Application Insights:
Automotive application segment accounted for the largest market share in 2017 and is projected to expand at a CAGR of XX% over the forecast period. Automobiles are manufactured with various components such as engine, transmission system, brake system, body structure and electronics that require high-quality materials for manufacturing. Various types of industrial cable ties are used in automobiles to maintain cables organized and prevent entanglement which may lead to accidents during driving or operation of vehicle.
The electrical power industry segment is also expected to witness significant growth over the coming years owing to increasing demand from renewable energy sources such as wind turbines along with coal-fired power plants that use steam turbine generators for electricity generation. The expansion projects undertaken by electricity boards across various regions are likely to boost product demand over the forecast period thereby providing lucrative opportunities for industry participants operating in global cable ties market space.
Regional Analysis:
Asia Pacific dominated the global market in 2017 and is expected to continue its dominance over the forecast period. The region is home to several emerging economies, including China, India, Indonesia and Malaysia. Rapid industrialization coupled with increasing foreign investments in these countries has resulted in an increased demand for industrial cable ties from various end-use industries across Asia Pacific.
The North America market was valued at USD X million in 2017 owing to a well-established manufacturing base for electrical power industry and oil & gas exploration applications of nylon cable ties. Moreover, growing automotive production mainly due to low labor costs coupled with favorable government regulations is anticipated to drive regional product demand over the forecast period.
Europe accounted for a significant share of revenue as it forms one of the key regions within the global automotive industry along with Asia Pacific and Central & South America.
Growth Factors:
- Increasing demand from the automotive and electrical industries
- Growing popularity of cable ties as an alternative to screws and nails
- Rising demand for customized cable ties
- Proliferation of online retail platforms that offer a wide range of cable ties at competitive prices
- Technological advancements in the manufacturing process of cable ties
Scope Of The Report
Report Attributes
Report Details
Report Title
Industrial Cable Ties Market Research Report
By Type
Stainless Steel Cable Ties, Plastic Cable Ties, Nylon Cable Ties, Others
By Application
Automobile Industry, Electrical Power Industry, Marine and Oil Exploration, Mining, Others
By Companies
Panduit, HellermannTyton, NORMA Group, Thomas & Betts, Lerbs, Essentra Components, HerWant&Co., Cheng Heng, Tridon, Heyco, Panduit, NSi Industries, DOTgroup International, Partex Marking Systems, Cablecraft, BAND-N-GO, BAND-IT, FENGFAN electrical, Yueqing Xinxing Cable Accessories, KSS
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
226
Number of Tables & Figures
159
Customization Available
Yes, the report can be customized as per your need.
Global Industrial Cable Ties Market Report Segments:
The global Industrial Cable Ties market is segmented on the basis of:
Types
Stainless Steel Cable Ties, Plastic Cable Ties, Nylon Cable Ties, Others
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Automobile Industry, Electrical Power Industry, Marine and Oil Exploration, Mining, Others
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Panduit
- HellermannTyton
- NORMA Group
- Thomas & Betts
- Lerbs
- Essentra Components
- HerWant&Co.
- Cheng Heng
- Tridon
- Heyco
- Panduit
- NSi Industries
- DOTgroup International
- Partex Marking Systems
- Cablecraft
- BAND-N-GO
- BAND-IT
- FENGFAN electrical
- Yueqing Xinxing Cable Accessories
- KSS
Highlights of The Industrial Cable Ties Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Stainless Steel Cable Ties
- Plastic Cable Ties
- Nylon Cable Ties
- Others
- By Application:
- Automobile Industry
- Electrical Power Industry
- Marine and Oil Exploration
- Mining
- Others
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Industrial Cable Ties Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Industrial cable ties are a type of binding device used in industrial and commercial settings. They are made from a variety of materials, including metal, plastic, and rubber. They are often used to secure objects together or to hold pieces of equipment in place.
Some of the major companies in the industrial cable ties market are Panduit, HellermannTyton, NORMA Group, Thomas & Betts, Lerbs, Essentra Components, HerWant&Co., Cheng Heng, Tridon, Heyco, Panduit, NSi Industries, DOTgroup International, Partex Marking Systems, Cablecraft, BAND-N-GO, BAND-IT, FENGFAN electrical, Yueqing Xinxing Cable Accessories, KSS.
The industrial cable ties market is expected to grow at a compound annual growth rate of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Industrial Cable Ties Market Overview 4.1 Introduction 4.1.1 Market Taxonomy 4.1.2 Market Definition 4.1.3 Macro-Economic Factors Impacting the Market Growth 4.2 Industrial Cable Ties Market Dynamics 4.2.1 Market Drivers 4.2.2 Market Restraints 4.2.3 Market Opportunity 4.3 Industrial Cable Ties Market - Supply Chain Analysis 4.3.1 List of Key Suppliers 4.3.2 List of Key Distributors 4.3.3 List of Key Consumers 4.4 Key Forces Shaping the Industrial Cable Ties Market 4.4.1 Bargaining Power of Suppliers 4.4.2 Bargaining Power of Buyers 4.4.3 Threat of Substitution 4.4.4 Threat of New Entrants 4.4.5 Competitive Rivalry 4.5 Global Industrial Cable Ties Market Size & Forecast, 2018-2028 4.5.1 Industrial Cable Ties Market Size and Y-o-Y Growth 4.5.2 Industrial Cable Ties Market Absolute $ Opportunity
Chapter 5 Global Industrial Cable Ties Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Industrial Cable Ties Market Size Forecast by Type
5.2.1 Stainless Steel Cable Ties
5.2.2 Plastic Cable Ties
5.2.3 Nylon Cable Ties
5.2.4 Others
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Industrial Cable Ties Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Industrial Cable Ties Market Size Forecast by Applications
6.2.1 Automobile Industry
6.2.2 Electrical Power Industry
6.2.3 Marine and Oil Exploration
6.2.4 Mining
6.2.5 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Industrial Cable Ties Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Industrial Cable Ties Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Industrial Cable Ties Analysis and Forecast
9.1 Introduction
9.2 North America Industrial Cable Ties Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Industrial Cable Ties Market Size Forecast by Type
9.6.1 Stainless Steel Cable Ties
9.6.2 Plastic Cable Ties
9.6.3 Nylon Cable Ties
9.6.4 Others
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Industrial Cable Ties Market Size Forecast by Applications
9.10.1 Automobile Industry
9.10.2 Electrical Power Industry
9.10.3 Marine and Oil Exploration
9.10.4 Mining
9.10.5 Others
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Industrial Cable Ties Analysis and Forecast
10.1 Introduction
10.2 Europe Industrial Cable Ties Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Industrial Cable Ties Market Size Forecast by Type
10.6.1 Stainless Steel Cable Ties
10.6.2 Plastic Cable Ties
10.6.3 Nylon Cable Ties
10.6.4 Others
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Industrial Cable Ties Market Size Forecast by Applications
10.10.1 Automobile Industry
10.10.2 Electrical Power Industry
10.10.3 Marine and Oil Exploration
10.10.4 Mining
10.10.5 Others
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Industrial Cable Ties Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Industrial Cable Ties Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Industrial Cable Ties Market Size Forecast by Type
11.6.1 Stainless Steel Cable Ties
11.6.2 Plastic Cable Ties
11.6.3 Nylon Cable Ties
11.6.4 Others
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Industrial Cable Ties Market Size Forecast by Applications
11.10.1 Automobile Industry
11.10.2 Electrical Power Industry
11.10.3 Marine and Oil Exploration
11.10.4 Mining
11.10.5 Others
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Industrial Cable Ties Analysis and Forecast
12.1 Introduction
12.2 Latin America Industrial Cable Ties Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Industrial Cable Ties Market Size Forecast by Type
12.6.1 Stainless Steel Cable Ties
12.6.2 Plastic Cable Ties
12.6.3 Nylon Cable Ties
12.6.4 Others
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Industrial Cable Ties Market Size Forecast by Applications
12.10.1 Automobile Industry
12.10.2 Electrical Power Industry
12.10.3 Marine and Oil Exploration
12.10.4 Mining
12.10.5 Others
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Industrial Cable Ties Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Industrial Cable Ties Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Industrial Cable Ties Market Size Forecast by Type
13.6.1 Stainless Steel Cable Ties
13.6.2 Plastic Cable Ties
13.6.3 Nylon Cable Ties
13.6.4 Others
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Industrial Cable Ties Market Size Forecast by Applications
13.10.1 Automobile Industry
13.10.2 Electrical Power Industry
13.10.3 Marine and Oil Exploration
13.10.4 Mining
13.10.5 Others
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Industrial Cable Ties Market: Competitive Dashboard
14.2 Global Industrial Cable Ties Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Panduit
14.3.2 HellermannTyton
14.3.3 NORMA Group
14.3.4 Thomas & Betts
14.3.5 Lerbs
14.3.6 Essentra Components
14.3.7 HerWant&Co.
14.3.8 Cheng Heng
14.3.9 Tridon
14.3.10 Heyco
14.3.11 Panduit
14.3.12 NSi Industries
14.3.13 DOTgroup International
14.3.14 Partex Marking Systems
14.3.15 Cablecraft
14.3.16 BAND-N-GO
14.3.17 BAND-IT
14.3.18 FENGFAN electrical
14.3.19 Yueqing Xinxing Cable Accessories
14.3.20 KSS