Global Cable Ties Market 2019-2023
|出版商||TechNavio (Infiniti Research Ltd.)||商品編碼||711715|
|出版日期||內容資訊||英文 137 Pages
|紮線帶的全球市場:2019年∼2023年 Global Cable Ties Market 2019-2023|
|出版日期: 2019年02月22日||內容資訊: 英文 137 Pages||
The cable ties with heat stabilized materials are used in applications wherein resistance to higher temperatures is required. These ties are cost-effective and durable. Cable ties made of materials such as nylon, when combined with heat stabilizing materials. offer better resistance to heat both in high temperature and outdoor areas. The material also provides the fasteners with a low-profile and smooth look. The materials are further capable of providing a better tensioning range to the cable ties. The nylon ties are also considered as alternatives to metal ties. This is because the nylon ones cost lower and have less installation time compared with the metal ties. This is encouraging vendors to offer cable ties with heat-stabilized materials. Technavio's analysts have predicted that the cable ties market will register a CAGR of over 5% by 2023.
Metal detectable cable ties are primarily designed for use in the food and beverages and pharmaceuticals processing industries. The detectable cable ties also help companies in these industries in meeting industry regulations. Metal detectable cable ties are available in either polypropylene material or nylon for general purpose applications. These ties are increasingly being adopted in food and beverages and pharmaceutical processing industries, encouraging various vendors to offer metal detectable cable ties.
Cable ties are manufactured using stainless steel and polypropylene. The prices of raw materials such as stainless steel used in the manufacturing of cable ties are highly unpredictable. Significant fluctuations in stainless steel are caused by a systemic demand-supply imbalance in the global steel market. Fluctuations in raw material prices bring unpredictability to the market and adversely affect the production costs, reducing the profit margins of vendors in the global cable ties market.
For the detailed list of factors that will drive and challenge the growth of the cable ties market during the 2019-2023, view our report.
The market appears to be moderately fragmented and with the presence of several vendors. This market research report will help clients identify new growth opportunities and design unique growth strategies by providing a comprehensive analysis of the market's competitive landscape and offering information on the products offered by companies.