Market Overview:
The global stainless steel cable ties market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in the market can be attributed to the increasing demand for stainless steel cable ties from various end-use industries, such as automotive, electrical power, marine & oil exploration, mining and others. In terms of type, coated stainless steel cable ties are expected to witness higher growth as compared to uncoated ones during the forecast period. This can be attributed to their properties such as corrosion resistance and durability.
Product Definition:
A stainless steel cable tie, also known as a zip tie or strap, is a type of fastener that joins two or more objects together by wrapping around them and securing with a locking mechanism.
Coated Stainless Steel Cable Ties:
Coated stainless steel cable tie is a variant of stainless steel wire tie that has had a protective coating applied to the exterior surface. The coating acts as an anti-corrosive barrier and also helps in increasing the strength of the product by making it more resistant to rusting, corrosion, and oxidization. The end result is a longer life for the product with minimal maintenance required from normal wear & tear.
Uncoated Stainless Steel Cable Ties:
Uncoated stainless steel cable tie is a variant of stainless steel cable tie that has had the outermost layer of chromium or nickel removed. The product is used for securing wires and cables in applications where high strength is required. Uncoated variants are often used to secure hoses, pipes, and other flexible metallic objects in building & construction sites as well as on-site industrial applications such as scaffolding.
Application Insights:
The automobile industry was the largest application segment in 2017 and accounted for a market share of more than 30% in terms of volume. The growth can be attributed to increasing production of automobiles, especially in China, Japan and South Korea. Moreover, stringent regulations regarding reduction of vehicular emissions are expected to promote the use of stainless steel cable ties throughout the forecast period.
Electrical power industry is anticipated to be one of the fastest-growing applications over the forecast period owing to increasing demand for electricity generated by hydropower projects across Asia Pacific and Middle East countries such as China, India and Brazil. In addition, favorable government policies promoting installation & construction activities are projected to boost product demand over next seven years from 2018 through 2030 globally.
Regional Analysis:
Asia Pacific dominated the global market in 2017 and is expected to continue its dominance over the forecast period. The growth of this region can be attributed to rising industrialization, increasing infrastructure activities, and rapid urbanization & development. In addition, rising foreign investments coupled with favorable government policies are anticipated to drive industry expansion over the next eight years.
The demand for stainless steel cable ties in Europe is expected to witness significant growth on account of growing construction & infrastructure sector as well as marine industries across Germany, U.K.
Growth Factors:
- Increasing demand from the automotive and construction industries
- Growing popularity of stainless steel cable ties in the electrical and electronics industry
- Rising demand for stainless steel cable ties in the food and beverage industry
- Increasing use of stainless steel cable ties in horticulture and agriculture applications
- Technological advancements that are resulting in new applications for stainless steel cable ties
Scope Of The Report
Report Attributes
Report Details
Report Title
Stainless Steel Cable Ties Market Research Report
By Type
Coated Stainless Steel Cable Ties, Uncoated Stainless Steel Cable Ties
By Application
Automobile Industry, Electrical Power Industry, Marine & Oil Exploration, Mining, Others
By Companies
Panduit, HellermannTyton, NORMA Group, Thomas & Betts, Lerbs, Essentra Components, HerWant&Co., Cheng Heng, Tridon, Heyco, Weidmuller, 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
244
Number of Tables & Figures
171
Customization Available
Yes, the report can be customized as per your need.
Global Stainless Steel Cable Ties Market Report Segments:
The global Stainless Steel Cable Ties market is segmented on the basis of:
Types
Coated Stainless Steel Cable Ties, Uncoated Stainless Steel Cable Ties
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 & 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
- Weidmuller
- NSi Industries
- DOTgroup International
- Partex Marking Systems
- Cablecraft
- BAND-N-GO
- BAND-IT
- FENGFAN electrical
- Yueqing Xinxing Cable Accessories
- KSS
Highlights of The Stainless Steel 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:
- Coated Stainless Steel Cable Ties
- Uncoated Stainless Steel Cable Ties
- By Application:
- Automobile Industry
- Electrical Power Industry
- Marine & 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 Stainless Steel 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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- Correctly Positioning New Products
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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?
Stainless steel cable ties are a type of tie made from stainless steel wire. They are often used to secure objects together, such as cables or wires.
Some of the key players operating in the stainless steel cable ties market are Panduit, HellermannTyton, NORMA Group, Thomas & Betts, Lerbs, Essentra Components, HerWant&Co., Cheng Heng, Tridon, Heyco, Weidmuller, NSi Industries, DOTgroup International, Partex Marking Systems, Cablecraft, BAND-N-GO, BAND-IT, FENGFAN electrical, Yueqing Xinxing Cable Accessories, KSS.
The stainless steel cable ties market is expected to grow at a compound annual growth rate of 5.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Stainless Steel Cable Ties Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Stainless Steel Cable Ties Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Stainless Steel Cable Ties Market - Supply Chain
4.5. Global Stainless Steel Cable Ties Market Forecast
4.5.1. Stainless Steel Cable Ties Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Stainless Steel Cable Ties Market Size (000 Units) and Y-o-Y Growth
4.5.3. Stainless Steel Cable Ties Market Absolute $ Opportunity
5. Global Stainless Steel Cable Ties Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Stainless Steel Cable Ties Market Size and Volume Forecast by Type
5.3.1. Coated Stainless Steel Cable Ties
5.3.2. Uncoated Stainless Steel Cable Ties
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Stainless Steel Cable Ties Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Stainless Steel Cable Ties Market Size and Volume Forecast by Application
6.3.1. Automobile Industry
6.3.2. Electrical Power Industry
6.3.3. Marine & Oil Exploration
6.3.4. Mining
6.3.5. Others
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Stainless Steel Cable Ties Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Stainless Steel Cable Ties Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Stainless Steel Cable Ties Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Stainless Steel Cable Ties Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Stainless Steel Cable Ties Demand Share Forecast, 2019-2029
9. North America Stainless Steel Cable Ties Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Stainless Steel Cable Ties Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Stainless Steel Cable Ties Market Size and Volume Forecast by Application
9.4.1. Automobile Industry
9.4.2. Electrical Power Industry
9.4.3. Marine & Oil Exploration
9.4.4. Mining
9.4.5. Others
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Stainless Steel Cable Ties Market Size and Volume Forecast by Type
9.7.1. Coated Stainless Steel Cable Ties
9.7.2. Uncoated Stainless Steel Cable Ties
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Stainless Steel Cable Ties Demand Share Forecast, 2019-2029
10. Latin America Stainless Steel Cable Ties Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Stainless Steel Cable Ties Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Stainless Steel Cable Ties Market Size and Volume Forecast by Application
10.4.1. Automobile Industry
10.4.2. Electrical Power Industry
10.4.3. Marine & Oil Exploration
10.4.4. Mining
10.4.5. Others
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Stainless Steel Cable Ties Market Size and Volume Forecast by Type
10.7.1. Coated Stainless Steel Cable Ties
10.7.2. Uncoated Stainless Steel Cable Ties
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Stainless Steel Cable Ties Demand Share Forecast, 2019-2029
11. Europe Stainless Steel Cable Ties Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Stainless Steel Cable Ties Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Stainless Steel Cable Ties Market Size and Volume Forecast by Application
11.4.1. Automobile Industry
11.4.2. Electrical Power Industry
11.4.3. Marine & Oil Exploration
11.4.4. Mining
11.4.5. Others
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Stainless Steel Cable Ties Market Size and Volume Forecast by Type
11.7.1. Coated Stainless Steel Cable Ties
1.7.2. Uncoated Stainless Steel Cable Ties
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Stainless Steel Cable Ties Demand Share, 2019-2029
12. Asia Pacific Stainless Steel Cable Ties Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Stainless Steel Cable Ties Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Stainless Steel Cable Ties Market Size and Volume Forecast by Application
12.4.1. Automobile Industry
12.4.2. Electrical Power Industry
12.4.3. Marine & Oil Exploration
12.4.4. Mining
12.4.5. Others
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Stainless Steel Cable Ties Market Size and Volume Forecast by Type
12.7.1. Coated Stainless Steel Cable Ties
12.7.2. Uncoated Stainless Steel Cable Ties
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Stainless Steel Cable Ties Demand Share, 2019-2029
13. Middle East & Africa Stainless Steel Cable Ties Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Stainless Steel Cable Ties Market Size and Volume 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. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Stainless Steel Cable Ties Market Size and Volume Forecast by Application
13.4.1. Automobile Industry
13.4.2. Electrical Power Industry
13.4.3. Marine & Oil Exploration
13.4.4. Mining
13.4.5. Others
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Stainless Steel Cable Ties Market Size and Volume Forecast by Type
13.7.1. Coated Stainless Steel Cable Ties
13.7.2. Uncoated Stainless Steel Cable Ties
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Stainless Steel Cable Ties Demand Share, 2019-2029
14. Competition Landscape
14.1. Global Stainless Steel Cable Ties Market: Market Share Analysis
14.2. Stainless Steel Cable Ties Distributors and Customers
14.3. Stainless Steel Cable Ties Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Panduit
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. HellermannTyton
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. NORMA Group
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Thomas & Betts
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Lerbs
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Essentra Components
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. HerWant&Co.
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Cheng Heng
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Tridon
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. Heyco
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. Weidmuller
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. NSi Industries
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. DOTgroup International
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. Partex Marking Systems
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. Cablecraft
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. BAND-N-GO
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. BAND-IT
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. FENGFAN electrical
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. Yueqing Xinxing Cable Accessories
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. KSS
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook
