Los Angeles, CA -- (SBWIRE) -- 10/09/2018 -- Description

This report studies the global PET Strapping market status and forecast, categorizes the global PET Strapping market size (value & volume) by manufacturers, type, application, and region. This report focuses on the top manufacturers in North America, Europe, Japan, China and other regions (India, Southeast Asia, Central & South America, and Middle East & Africa).
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.

The market is not only influenced by the price, but also influenced by the product performance. Although China domestic companies have price advantage, the application is narrow to some extent due to the poor manufacture processing, cheap raw material and less diversity of products.

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The leading companies own the advantages on better performance, more abundant product's types, better technical and impeccable after-sales service. Consequently, they take the majority of the market share of high-end market.

The global PET Strapping market is valued at xx million US$ in 2017 and will reach xx million US$ by the end of 2025, growing at a CAGR of xx% during 2018-2025.

The major manufacturers covered in this report

Signode

STEK

M.J.Maillis Group

Cordstrap

FROMM Group

Yuandong

Hiroyuki Industries

Yongsun

Baole

On the basis of product, this report displays the production, revenue, price, market share and growth rate of each type, primarily split into

Embossed PET Strapping

Smooth PET Strapping

On the basis of the end users/applications, this report focuses on the status and outlook for major applications/end users, consumption (sales), market share and growth rate for each application, including

Applications

Wood Industry

Paper Industry

Food & Beverage

Textile Industry

Other Industries

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