Global PET Strapping Market Insights - Industry Share, Sales Projections, and Demand Outlook 2024-2030-Aegion Corporation,Granite Construction,Inland Pipe Rehabilitation (IPR)

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Market players, stakeholders, and other interested parties are the best receivers of trusted insights and strategic advice that the report provides to help them achieve their mission-critical priorities when operating in the global PET Strapping market. The experienced research analysts who have authored the report offer useful guidance to capitalize on market opportunities that matter the most. The guidelines offered in the report also help to find effective solutions to certain business issues related to the global PET Strapping market. With strong data and metrics, verified peer-driven research, and forward-thinking insights, the analysis provided in the report helps to make the right business decisions.

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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 global PET Strapping market was valued at US$ 725 million in 2023 and is anticipated to reach US$ 913 million by 2030, witnessing a CAGR of 3.4% during the forecast period 2024-2030.

Global PET Strapping key players include Signode, Cordstrap, etc. Global top two manufacturers hold a share about 23%. China is the largest market, with a share over 25%, followed by North America and Europe, have a share about 50 percent. In terms of product, Smooth PET Strapping is the largest segment, with a share about 75%. And in terms of application, the largest application is Paper Industry, followed by Wood Industry, Food & Beverage, Textile Industry, etc.

in 2022, The Teufelberger Group has acquired its Polish competitor Maillis Plastics Solutions (MPS) to expand its plastics processing division. The takeover secures MPS' high-performance steel wire ropes, fiber ropes and strapping capabilities.

Report Scope

This report aims to provide a comprehensive presentation of the global market for PET Strapping, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding PET Strapping.

The PET Strapping market size, estimations, and forecasts are provided in terms of sales quantity (K MT) and revenue ($ millions), considering 2023 as the base year, with history and forecast data for the period from 2019 to 2030. This report segments the global PET Strapping market comprehensively. Regional market sizes, concerning products by Type, by Application, and by players, are also provided.

For a more in-depth understanding of the market, the report provides profiles of the competitive landscape, key competitors, and their respective market ranks. The report also discusses technological trends and new product developments.

The report will help the PET Strapping manufacturers, new entrants, and industry chain related companies in this market with information on the revenues, sales, and average price for the overall market and the sub-segments across the different segments, by company, by Type, by Application, and by regions.

Market Segmentation

By Company

Signode

Cordstrap

FROMM Group

STEK

Samuel Strapping

Mosca

Polychem

Teufelberger

Dynaric

Polivektris

Hiroyuki Industries

Yongsun

Strapack

Cyklop

Yuandong

EMBALCER

Baole

Patel Strap Manufacturing

Tianli

Segment by Type

Embossed PET Strapping

Smooth PET Strapping

Segment by Application

Wood Industry

Paper Industry

Food & Beverage

Textile Industry

Other Industries

By Region

North America

U.S.

Canada

Europe

Germany

France

U.K.

Italy

Russia

Asia-Pacific

China

Japan

South Korea

India

Australia

China Taiwan

Indonesia

Thailand

Malaysia

Philippines

Vietnam

Latin America

Mexico

Brazil

Argentina

Middle East & Africa

Turkey

Saudi Arabia

U.A.E

Chapter Outline:

Chapter 1: Introduces the report scope of the report, executive summary of different market segments (by region, product type, application, etc), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.

Chapter 2: key insights, key emerging trends, etc.

Chapter 3: Manufacturers competitive analysis, detailed analysis of PET Strapping manufacturers competitive landscape, price, sales and revenue market share, latest development plan, merger, and acquisition information, etc.

Chapter 4: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.

Chapter 5 & 6: Sales, revenue of PET Strapping in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space, and market size of each country in the world.

Chapter 7: Provides the analysis of various market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.

Chapter 8: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.

Chapter 9: Analysis of industrial chain, including the upstream and downstream of the industry.

Chapter 10: The main points and conclusions of the report.

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