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The Global Plastic Straps Market 2018-2022: Projected to Grow at a CAGR of 17.4% - ResearchAndMarkets.com

September 24, 2018

DUBLIN--(BUSINESS WIRE)--Sep 24, 2018--The “Global Plastic Straps Market 2018-2022” report has been added to ResearchAndMarkets.com’s offering.

The global plastic straps market is projected to grow at a CAGR of 17.4% during the period 2018-2022.

The report has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

The latest trend gaining momentum in the market is the increasing demand from e-commerce market. The emerging e-commerce market, which primarily includes online shopping, has observed strong demand for packaging products for the shipment of sold products.

According to the report, one of the major drivers for this market is the increasing demand from paper and printing industry. Plastic straps are mostly used in the paper and printing industry as they are lightweight and resistant to corrosion. They are used in bundling and packaging a wide range of paper and printing products such as specialty paper, writing and printing paper, tissue papers, and coated paper among others.

Further, the report states that one of the major factors hindering the growth of this market is the volatility in raw material prices. Volatility in the costs of petroleum-based raw materials and the increasing demand for plastic strap products in emerging economies that is posing as a challenge to the market’s growth. Prices of raw materials such as polymers, additives, and resins fluctuate as they are directly related to crude oil prices.

Key Vendors

Crown Holdings FROMM Holding Messers Packaging Polychem Teufelberger

Key Topics Covered

1. Executive Summary

2. Scope of the Report

3. Research Methodology

4. Market Landscape

5. Market Sizing

6. Five Forces Analysis

7. Market Segmentation by End-User

8. Customer Landscape

9. Regional Landscape

10. Segmentation by Type

11. Decision Framework

12. Drivers and Challenges

13. Market Trends

14. Vendor Landscape

15. Vendor Analysis

For more information about this report visit https://www.researchandmarkets.com/research/3fdhbq/the_global?w=4

View source version on businesswire.com:https://www.businesswire.com/news/home/20180924005688/en/

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Related Topics:Plastics

KEYWORD:

INDUSTRY KEYWORD: MANUFACTURING CHEMICALS/PLASTICS

SOURCE: Research and Markets

Copyright Business Wire 2018.

PUB: 09/24/2018 11:29 AM/DISC: 09/24/2018 11:29 AM

http://www.businesswire.com/news/home/20180924005688/en

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