Nylon Cable Ties Market Growth Model of Top 10 Companies, Potential Investor Str

Posted by Priya on August 18th, 2018

Nylon Cable Ties Market Overview to 2023

Global Nylon Cable Ties market is projected to reach USD 135.7 million by 2023, expanding at a CAGR of 4.24%. Over the review period of 2017 to 2023.  North America accounted for the largest share of around 35% driven by the presence of established plastic industry. The U.S. was a major revenue generating country in North America and has generated an overall revenue of USD 22.6 million as of 2016.

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Although, Asia Pacific emerged as the fastest growing region at 5.34% CAGR, and it is expected to overtake North America in terms of market share over the forecast period. Based on application, electronics & electrical was the most promising segment accounted for largest global share of 26% and growing at steady CAGR of 4.02%. Nylon Cable Ties Market research report spread across 135 Pages consist 45 Tables and 11 Figures  also include Top 10 Global key players that sharing latest types, technology, application by 2023.

Top 10 Global key Players & Their Strategy

Some of the key players operating in the global nylon cable ties market are

  • Ascend Perfomance Material (U.S.),
  • 3M (U.S.),
  • Hellermann Tyton (U.K),
  • Thomas & Betts Corporation (U.S.),
  • Changhong Plasctoc group (China),
  • Yueqing huada Plastic (China),
  • HONT Electrical Co. Ltd (China),
  • (Sweden),
  • KSS (Taiwan)
  • American Elite Molding (U.S.)

Competitive Analysis

According to the MRFR analysis, the global Nylon Cable Ties market was valued at USD 102.3 million and it is projected to reach USD 135.7 by 2023, expanding at significant CAGR of 4.24%. Some of the growth driving factors identified in this marker are wide application area of nylon cable ties and significant demand from the emerging economies of Asia Pacific. Nylon application scope covers automotive, construction & building, electronics & electrical, consumer goods, agriculture, industrial, and other aspects, and it is increasing due to the ease offered by nylon cable ties in each industry. 

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Segmentation Analysis

The Nylon Cable Ties market is fragmented on the basis of type, application, and region. On the basis of type, the market is divided into nylon 6, nylon 6, 6 and others. Market segmentation based on application includes electronics & electrical, building & construction, automotive, agriculture, consumer good, industrial, others. On the basis of region, global market has been spanned across North America, Europe, Asia Pacific, Latin America, and the Middle East & Africa

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Priya

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Priya
Joined: February 7th, 2018
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