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Global Polyester Straps Industry Report, 2019 to 2023 - Increasing Consumption in the Steel & Metal Industry - ResearchAndMarkets.com

April 5, 2019

DUBLIN--(BUSINESS WIRE)--Apr 5, 2019--The “Global Polyester Straps Market 2019-2023” report has been added to ResearchAndMarkets.com’s offering.

The polyester straps market will register a CAGR of over 15% by 2023.

Polyester straps are predominantly 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. Printing and writing papers are used for magazines, books, stationery, newspapers, and for office reprographics and catalog printing.

The focus on hygiene is also driving the consumption of tissue papers. High demand for toilet paper, facial wipes, paper towels, and paper products for the foodservice industry is likely to encourage the use of polyester straps. Polyester straps are commonly used in packaging paper products and help in ensuring safe transportation and storage. This increased consumption of paper products is estimated to drive the demand for polyester straps during the forecast period.

Increasing consumption in steel and metal industry

Metal and steel products are used extensively in the manufacturing, building and construction. and infrastructure industries. The growing use of metal and steel products bolsters the uses of polyester straps that are used in palletizing, tying, and packaging steel products as they are very strong and durable. Thus, the growing consumption of metal and steel products is expected to drive the market during the forecast period.

Fluctuation in raw material prices

Volatility in the cost’s petroleum-based raw materials and the demand for polyester strap products in emerging economies can hinder the market growth. Prices of raw materials such as polymers (polypropylene, polyester, and nylon), additives, and resins fluctuate as they are directly related to crude oil prices. Therefore, the prices of these raw materials fluctuate depending on the prevailing prices of natural gas and crude oil.

Competitive Landscape

The market appears to be fragmented and with the presence of limited vendors. This market research report will help clients identify new growth opportunities and design unique growth strategies by providing a comprehensive analysis of the market’s competitive landscape and offering information on the products offered by companies.

Key Players

  • Crown Holdings
  • FROMM Holding
  • Messers Packaging
  • Polychem Corporation
  • Teufelberger Holding

Topics Covered

PART 01: EXECUTIVE SUMMARY

PART 02: SCOPE OF THE REPORT

PART 03: MARKET LANDSCAPE

  • Market ecosystem
  • Market characteristics
  • Market segmentation analysis

PART 04: MARKET SIZING

  • Market definition
  • Market sizing 2018
  • Market size and forecast 2018-2023

PART 05: FIVE FORCES ANALYSIS

PART 06: MARKET SEGMENTATION BY GRADE

  • Comparison by grade
  • Machine grade - Market size and forecast 2018-2023
  • Hand grade - Market size and forecast 2018-2023
  • Market opportunity by grade

PART 07: CUSTOMER LANDSCAPE

PART 08: GEOGRAPHIC LANDSCAPE

  • Geographic comparison
  • APAC - Market size and forecast 2018-2023
  • North America - Market size and forecast 2018-2023
  • Europe - Market size and forecast 2018-2023
  • South America - Market size and forecast 2018-2023
  • MEA - Market size and forecast 2018-2023
  • Key leading countries
  • Market opportunity

PART 09: DRIVERS AND CHALLENGES

PART 10: MARKET TRENDS

  • Flourishing e-commerce industry encouraging the demand
  • Emergence of bioplastics
  • High growth potential in emerging economies

PART 11: VENDOR LANDSCAPE

  • Overview
  • Landscape disruption

PART 12: VENDOR ANALYSIS

  • Vendors covered
  • Vendor classification
  • Market positioning of vendors
  • Crown Holdings
  • FROMM Holding
  • Messers Packaging
  • Polychem Corporation
  • Teufelberger Holding

For more information about this report visit https://www.researchandmarkets.com/r/y8jtk5

View source version on businesswire.com:https://www.businesswire.com/news/home/20190405005193/en/

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Related Topics:Plastic Packaging

KEYWORD:

INDUSTRY KEYWORD: MANUFACTURING CHEMICALS/PLASTICS

SOURCE: Research and Markets

Copyright Business Wire 2019.

PUB: 04/05/2019 08:20 AM/DISC: 04/05/2019 08:20 AM

http://www.businesswire.com/news/home/20190405005193/en