PET Strapping Market (Updated Version Available)

The report offers detailed coverage of PET Strapping industry and main market trends. The market research includes historical and forecast market data, demand, application details, price trends, and company shares of the leading PET Strapping by geography. The report splits the market size, by volume and value, on the basis of application type and geography.
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.
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 report forecast global PET Strapping market to grow to reach xxx Million USD in 2020 with a CAGR of xx% during the period 2021-2025.

First, this report covers the present status and the future prospects of the global PET Strapping market for 2015-2025.
And in this report, we analyze global market from 5 geographies: Asia-Pacific[China, Southeast Asia, India, Japan, Korea, Western Asia], Europe[Germany, UK, France, Italy, Russia, Spain, Netherlands, Turkey, Switzerland], North America[United States, Canada, Mexico], Middle East & Africa[GCC, North Africa, South Africa], South America[Brazil, Argentina, Columbia, Chile, Peru].

Key Companies
Signode
STEK
M.J.Maillis Group
Cordstrap
FROMM Group
Yuandong
Hiroyuki Industries
Yongsun
Baole
Patel Strap Manufacturing
Tianli
Strapack
Teufelberger
Cyklop
Ruparel Polystrap
Mosca


At the same time, we classify PET Strapping according to the type, application by geography. More importantly, the report includes major countries market based on the type and application.

Market Segment as follows:
Market by Order Type
Embossed PET Strapping
Smooth PET Strapping
Market by Application
Applications
Wood Industry
Paper Industry
Food & Beverage
Textile Industry
Other Industries

By Region
Asia-Pacific[China, Southeast Asia, India, Japan, Korea, Western Asia]
Europe[Germany, UK, France, Italy, Russia, Spain, Netherlands, Turkey, Switzerland]
North America[United States, Canada, Mexico]
Middle East & Africa[GCC, North Africa, South Africa]
South America[Brazil, Argentina, Columbia, Chile, Peru]

The research provides answers to the following key questions:
• What is the estimated growth rate and market share and size of the PET Strapping market for the forecast period 2021 - 2025?
• What are the driving forces in the PET Strapping market for the forecast period 2021 - 2025?
• Who are the prominent market players and how have they gained a competitive edge over other competitors?
• What are the market trends influencing the progress of the PET Strapping industry worldwide?
• What are the major challenges and threats restricting the progress of the industry?
• What opportunities does the market hold for the prominent market players?