Global Nylon Cable Ties Market to Collect $248.5 Million By 2026

As per the study of Research Dive, nylon cable ties market has forecast a revenue of $248.5 million in the year 2026 growing at CAGR of 8.4%.

Every product is the result of the progress of the times. In the past, rope was the only solution when there was a need to tie up things. Today, the progress of the times has given us a lot and the nylon cable tie has become the best substitute for rope. It has solved the tedious operation of using rope to tie objects. Nylon cable tie has the advantages of easy operation, good insulation, self-locking, anti-corrosion and durability. Traditionally, a little time was required to tie with rope. But now with the help of nylon cable ties, the tying up process takes only a few seconds. Hence, the nylon cable ties effectively improve work efficiency and also saves time.

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Benefits of Nylon Cable Ties :
Nylon cable ties are used largely in several industries as they are strong and do not break easily. The cable ties are also called as sip strips or wire ties. The nylon cable ties can be found in many sizes so that they can be tied around a variety of objects with different size. Their primary use is in the fields of construction and electricals & electronics industry as these fields involve heavy objects, cables, and wires to be tied by strings. hat will not break easily.

Nylon cable ties give a clean look to the atmosphere when they are tied tightly without any dropping ends or loose hanging. The nylon cable ties also come in huge diameter for transporting the huge and bi objects in shipping industry. Some of the nylon cable ties have lock and steps system as well.

Application Areas of Nylon Cable Ties :
Nylon possesses an excellent balance of properties such as moderate stiffness, combined strength, high level of toughness, and high service temperature. Particularly, nylon cable ties have a low coefficient of friction, outstanding abrasion resistance, and they are resistant to repeated impact. Nylon cable ties are resistant to most chemicals, lubricants, and fuels, but are attacked by oxidizing agents, strong acids, and phenols.

Nylon 6 segment is the dominant share in global nylon cable ties market; it will generate a revenue of $153.8 million by the end of 2026, at a CAGR of 8.1% till 2026.This segment has enormous opportunities due to low cost of nylon 6 than nylon 6, 6. Moreover, nylon 6 exhibits high mechanical strength, good fatigue resistance and impact resistance along with high toughness and stiffness. Therefore, overall adoption of nylon 6 is growing rapidly, and this is anticipated to foster the nylon cable ties market growth.

Nylon cable ties market size of nylon 6 will generate a revenue of $72.1 million by 2026, increasing at a CAGR 8.8%; this is mainly due to the key advantages of nylon cable ties such significant wear resistance, better electrical insulation properties, no resistance to UV rays and excellent oil and fuel resistance. Moreover, crystalline melting point and tensile strength of nylon 6,6 (around 8.2 x 104 kPa) is higher than that of nylon 6, which is anticipated to impel the growth of market.

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North America Nylon cable ties market size will cross $74.9 million in 2026, increasing at a CAGR of 8.8%. North America nylon cable ties market is expected to increase at a fast rate owing to the fact that established companies of nylon cable ties such as Thomas & Betts Corporation are in Canada and the U.S. Moreover, massive surge in robotics related activities, rising demand for computer products and consumer electronics are anticipated to fuel the market growth of this region.

Asia-Pacific Nylon cable ties market share is dominant and it is projected to grow at a CAGR of 8.2% by generating a revenue of $89.9 by 2026, significantly due to this region is more focusing on Industrial development and construction works such as infrastructure renovation. In addition, the massive growth in adoption of Internet of Things (IoT) and 5G in Asian counties such as Japan Taiwan and China is anticipated to hike the global market.

Key Companies Profiled
o 3M
o Ascend Performance Materials
o Changhong Plastics Group Imperial Plastics Co.,Ltd.
o ABB Installation Products Inc.
o Hont Electrical Co.,Ltd.
o KSS
o American Elite Molding
o Partex Marking Systems
o Hellermann Tyton
o YUEQING HUADA PLASTIC CO., LTD.

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This release was published on openPR.