Woven Polyester Strapping Market Report Features Leading Players and Forecast the Future for the Period By 2028

Woven Polyester Strapping Market: An Overview

Strapping is used for unitizing and holding items in place for transport and storage. Plastic strapping is done using materials such as polyester, polypropylene, or woven polyester (polyester and polypropylene). Polyester is known to be one of the most durable plastic strapping material and is often used as an alternative for steel strapping.  Woven polyester strapping maintains its structural stability under adverse weather conditions and retains tension. Owing to its ability to absorb load impact without breaking makes woven polyester strapping suitable for several heavy duty applications.

Get sample copy of at:  https://www.transparencymarketresearch.com/sample/sample.php?flag=S&rep_id=67469

Woven Polyester Strapping Market: Dynamics

The woven nature provides additional strength to the strapping; this has bolstered the demand for woven polyester strapping in securing heavy loads, including metal as well as plastics. Unlike steel strappings, woven polyester strapping do not rust, are easier to handle and less expensive. These attributes are expected to fuel the demand for woven polyester strapping in the global strapping market. Woven polyester strapping has outpaced the growth of steel strapping market due to its ease of handling and non-corrosion properties. With more research and development, manufacturers of woven polyester strapping are widening its area of application to take over more heavy duty industrial applications. Additionally, the global logistics industry is expected to grow at a CAGR of 7.5% in the next decade, which will translate into an expansion of the woven polyester strapping market.

Key players are taking up sustainable practices and adopting recycled polyester for manufacturing strappings. This has led to reduced pollution as well as the cost of raw materials. For instance,

  • FROMM Holding AG, uses recycled PET flakes for manufacturing strapping materials. The material is environmentally friendly and in compliance with the European Packaging Directive.

Woven Polyester Strapping Market: Segmentation

Globally, the woven polyester strapping market has been segmented as width, applications and end-use industries

On the basis of width, the global woven polyester strapping market has been segmented as follows

  • Below 10 mm
  • 10 mm – 20 mm
  • 20 mm – 30 mm
  • 30 mm and above

On the basis of applications, the global woven polyester strapping market has been segmented as follows

  • Shipping Containers
  • Boxes
  • Crates & Pallets
  • Others

On the basis of end-use industries, the global woven polyester strapping market has been segmented as follows

  • Electrical & Electronics
  • Transportation & Logistics
  • Building & Construction
  • Food & Beverages
  • Automotive
  • Chemical & Fertilizers
  • Textile
  • Other Industrial

Woven Polyester Strapping Market: Key Players

Some of the key players operating in the global woven polyester strapping market are OEMSERV Hong Kong Ltd., Redback Industries, Samuel, Son & Co., PAC Strapping Products, Inc., FROMM Holding AG among others. Many small-scale regional players are expected to contribute to the global woven polyester strapping market during the period of forecast.

Our key underpinning is the 4-Quadrant Framework EIRS that offers detailed visualization of four elements:

  • Customer Experience Maps
  • Insights and Tools based on data-driven research
  • Actionable Results to meet all the business priorities
  • Strategic Frameworks to boost the growth journey

The study strives to evaluate the current and future growth prospects, untapped avenues, factors shaping their revenue potential, and demand and consumption patterns in the global market by breaking it into region-wise assessment.

Have any query? Inquiry about report at:  https://www.transparencymarketresearch.com/sample/sample.php?flag=EB&rep_id=67469

The following regional segments are covered comprehensively:

  • North America
  • Asia Pacific
  • Europe
  • Latin America
  • The Middle East and Africa

The EIRS quadrant framework in the report sums up our wide spectrum of data-driven research and advisory for CXOs to help them make better decisions for their businesses and stay as leaders.

About Us

Transparency Market Research (TMR) is a market intelligence company, providing global business information reports and services. Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insight for thousands of decision makers. TMR’s experienced team of analysts, researchers, and consultants, use proprietary data sources and various tools and techniques to gather, and analyze information. Our business offerings represent the latest and the most reliable information indispensable for businesses to sustain a competitive edge.

Each TMR syndicated research report covers a different sector – such as pharmaceuticals, chemicals, energy, food & beverages, semiconductors, med-devices, consumer goods and technology. These reports provide in-depth analysis and deep segmentation to possible micro levels. With wider scope and stratified research methodology, TMR’s syndicated reports strive to provide clients to serve their overall research requirement.

Contact:

90 State Street, Suite 700
Albany, NY 12207
Tel: +1-518-618-1030
Email: [email protected]
Website: https://www.transparencymarketresearch.com