Global Nylon Cable Ties Market, By Type (Nylon 6,6, Nylon 6, And Others) and Application (Building & Construction, Consumer Goods, Electronics & Electrical, Automotive, Agriculture, Industrial, and Others) – Competitive Landscape & Growth Potential Analysis, 2021-2031

Categories: Chemicals and Materials

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The global nylon cable ties market is predictable to grow at a CAGR of 9% during the estimated period. The market is anticipated to surpass USD 256.1 million by 2031, from USD 134.2 million in 2020.

Depending on the type, cable connections are referred to as wire ties, hose ties, or hose ties. As a result, when discussing this type of bondage, the term "nylon rope" is sometimes used. Reusable cable ties are classified into two types based on their intended use: single-use and refillable. They have a tensile strength of 140 degrees Celsius, a temperature tolerance of 140 degrees Celsius, and exceptional hardness.

IMPACT OF COVID-19 ON THE GLOBAL NYLON CABLE TIES MARKET

According to industry analysts, the global nylon tie market is expected to rebound after the COVID-19 crisis is resolved. Nylon cable-cable links are commonly used in both residential and industrial settings, resulting in continuous improvement of security systems. There has been an increasing need for more and more opportunities in the marketplace, accompanied by a rate of progress that has continued to rise despite all of the difficulties. The market for nylon cable ties will grow as society becomes more reliant on modern technology.

GLOBAL NYLON CABLE TIES MARKET INFOGRAPHICS

Source: ThinkWise Intelligence Analysis

GLOBAL NYLON CABLE TIES MARKET DYNAMICS

MARKET DRIVER: SURGE IN DEMAND FOR NYLON CABLE TIES IN THE CONSTRUCTION and AUTOMOTIVE INDUSTRIES

Nylon cable links are expected to gain a much larger market share in the manufacturing and automobile sectors, resulting in increased demand. Nylon cable ties are widely used in manufacturing systems and machinery for a variety of reasons, one of which is that they help to increase global demand for nylon cable ties. The widespread use of Nylon in the industry has been the primary factor influencing the global demand development of end-use industries. Nylon cable links are used in a variety of industries, including construction and manufacturing, electrical, agricultural, and automobiles. Paradox of creativity: Because of its ease of use and versatility, it is used in a wide range of industries and has the potential to expand into new ones. One of the primary functions of the electronics and electrical industries is to protect wire bundles and electrical cables from damage.

MARKET RESTRAINT: HIGH PRICE AND LOW SHELF LIFE OF ORGANIC PRODUCTS

The demand for nylon cable ties is increasing, but several factors are impeding its growth. The prohibition on the use of plastic in the production of cable ties is the primary driver of the market's demand development. The rising price of oil also impedes the growth of the nylon cord market.

MARKET OPPORTUNITY: GROWING POPULARITY OF ORGANIC PRODUCTS

Because of the global market's expansion, there is a rising demand for various applications of nylon cable ties. Metal detectable cable ties are expected to drive the development of new demand for nylon cable ties in the short term, according to industry forecasts. The use of nylon cable ties in agriculture, agricultural equipment, merchandise, and production, as well as construction, provides the nylon cable industry with enormous growth potential.

MARKET THREAT: UNAVAILABILITY OF LOGISTICS

For years, ocean routes have been used at the expense of prompt distribution in order to ensure the lowest possible cost. It has been reported that the virus has infected even the vendors. Because nothing moves through the area's maritime regions, the busy ports are now serving as loading and unloading platforms for cargo liners.

KEY TRENDS IN THE GLOBAL NYLON CABLE TIES MARKET

GLOBAL NYLON CABLE TIES MARKET TRENDS, BY TYPE

"During the forecast period, the Nylon Cable Ties market for Nylon 6 segment is expected to dominate the global market."

Nylon 6 will dominate the industry in 2020. The prolific use of nylon 6 mm cable ties in the automotive, agricultural, communications, and construction sectors plays a large role in this. In comparison, however, the Nylon 6.6 segment is expected to see a significant CAGR over the next five years due to superior features such as temperature tolerance, weight, and length that use ratchets, as well as great strength and hardness, will display these attributes.

GLOBAL NYLON CABLE TIES MARKET TRENDS, BY APPLICATION

"During the forecast period, the Nylon Cable Ties market for electronics & electricals is expected to dominate the global market."

Hooks made of stainless steel the preference for nylon cable ties, which aid in the management of packages of cables or wires in the construction industry, is expected to have a significant impact on the market size for electronics and electrical accessories. Many tie wraps also help with wire harness and cable routing. Furthermore, increased customer and commercial demand for IT goods is driving up demand for nylon cable ties. In recent years, the increasing abundance of energy has resulted in an increase in the production, delivery, and use of new nylon cable ties.

GLOBAL NYLON CABLE TIES MARKET TRENDS, BY REGION

" North America holds the dominant share in the global market."

North America is expected to grow its market share the most in 2020. The demand for nylon cable ties (nylon) ties was primarily driven by large industry players such as 3M and Thomas & Betts Corporation. A robot the size of an elephant working in the utility, industrial, and transportation and infrastructure markets would also help to boost demand for nylon cable ties in the North. The Asia-Pacific market will grow at the fastest rate. The majority of the industry is concentrated in China and Taiwan. China is by far the world's leading producer of cable links. Furthermore, the growing demand for 5G connectivity and IoT in Asian countries is expected to increase the overall market size.

COMPETITIVE LANDSCAPE IN THE GLOBAL NYLON CABLE TIES MARKET

The global Nylon Cable Ties market is highly diverse and competitive, with many international players and a small number of regional and local players. Ascend Performance Materials, KSS, ABB Installation Products Inc., Hont Electrical Co., Ltd., American Elite Molding, Changhong Plastics Group Imperial Plastics Co., Ltd., Partex Marking Systems are some of the market's major players.

RECENT ADVANCES IN THE GLOBAL NYLON CABLE TIES MARKET

In April 2021, in response to the global COVID-19 pandemic, HONT has used a variety of strategies to maintain its market share in the cable links market.
In November 2020, Ascend Performance Material is currently investing heavily in R&D in nylon cable ties in order to gain a competitive advantage in the future.

CHAPTER 1. INTRODUCTION
1.1. KEY OBJECTIVES OF THE STUDY
1.2. MARKET SCOPE & DEFINITION
1.2.1. MARKET SEGMENTATION
1.3. REPORT DESCRIPTION
1.4. LIMITATIONS
1.5. STAKEHOLDERS FOR PRIMARY INTERVIEWS

CHAPTER 2. RESEARCH METHODOLOGY
2.1. DATA EXPLORATION
2.1.1. PRIMARY DATA
2.1.1.1. DATA SOURCES
2.1.1.2. KEY DATA COLLECTED
2.1.2. SECONDARY DATA
2.1.2.1. DATA SOURCES
2.1.2.2. KEY DATA COLLECTED
2.2. MARKET SIZE ESTIMATION
2.2.1. TOP-DOWN APPROACH
2.2.2. BOTTOM-UP APPROACH
2.3. DATA BREAKDOWN & TRIANGULATION
2.4. ASSUMPTIONS & FORECAST PARAMETERS

CHAPTER 3. EXECUTIVE SUMMARY

CHAPTER 4. THINKWISE INTELLIGENCE EXCLUSIVE INSIGHTS
4.1. MARKET ATTRACTIVENESS, BY TYPE
4.2. MARKET ATTRACTIVENESS, BY APPLICATION
4.3. MARKET ATTRACTIVENESS, BY REGION

CHAPTER 5. MARKET OVERVIEW
5.1. INTRODUCTION
5.2. GROWTH IMPACT FORCES
5.2.1. DRIVERS
5.2.2. RESTRAINTS
5.2.3. OPPORTUNITIES
5.2.4. THREATS
5.3. MARKET ECOSYSTEM & VALUE CHAIN
5.3.1. ECOSYSTEM ANALYSIS
5.3.1.1. IMPACT OF COVID-19 ON THE MARKET ECOSYSTEM
5.3.2. VALUE CHAIN ANALYSIS
5.3.2.1. IMPACT OF COVID-19 ON THE MARKET VALUE CHAIN
5.4. INNOVATION & SUSTAINABILITY MATRICES
5.4.1. PATENT MATRIX
5.4.2. REGULATORY MATRIX
5.5. PRICE MATRIX
5.5.1. IMPACT OF COVID-19 ON PRICING
5.5.2. PRICING ANALYSIS
5.5.2.1. BY TYPE
5.5.2.2. BY APPLICATION
5.5.2.3. BY REGION
5.6. PORTER’S FIVE FORCES ANALYSIS
5.6.1. BARGAINING POWER OF SUPPLIERS
5.6.2. BARGAINING POWER OF CONSUMERS
5.6.3. THREAT OF SUBSTITUTES
5.6.4. THREAT OF NEW-ENTRANTS
5.6.5. COMPETITIVE RIVALRY INTENSITY
5.7. PESTLE ANALYSIS
5.7.1. POLITICAL
5.7.2. ECONOMICAL
5.7.3. SOCIAL
5.7.4. TECHNOLOGICAL
5.7.5. ENVIRONMENTAL
5.8. IMPACT OF COVID-19 ON GLOBAL NYLON CABLE TIES MARKET
5.8.1. PRE-COVID MARKET SCENARIO
5.8.2. POST-COVID MARKET SCENARIO

CHAPTER 6. GLOBAL NYLON CABLE TIES MARKET ANALYSIS, BY TYPE
6.1. INTRODUCTION
6.1.1. NYLON 6,6
6.1.2. NYLON 6
6.1.3. OTHERS

CHAPTER 7. GLOBAL NYLON CABLE TIES MARKET ANALYSIS, BY APPLICATION
7.1. INTRODUCTION
7.1.1. BUILDING & CONSTRUCTION
7.1.2. CONSUMER GOODS
7.1.3. ELECTRONICS & ELECTRICAL
7.1.4. AUTOMOTIVE
7.1.5. AGRICULTURE
7.1.6. INDUSTRIAL
7.1.7. OTHERS

CHAPTER 8. GLOBAL NYLON CABLE TIES MARKET ANALYSIS, BY REGION
8.1. INTRODUCTION
8.1.1. NORTH AMERICA
8.1.1.1. UNITED STATES (U.S.)
8.1.1.2. CANADA
8.1.1.3. MEXICO
8.1.2. SOUTH AMERICA
8.1.2.1. ARGENTINA
8.1.2.2. BRAZIL
8.1.2.3. COLOMBIA
8.1.2.4. REST OF SOUTH AMERICA
8.1.3. EUROPE
8.1.3.1. GERMANY
8.1.3.2. FRANCE
8.1.3.3. UNITED KINGDOM (UK)
8.1.3.4. RUSSIA
8.1.3.5. SPAIN
8.1.3.6. ITALY
8.1.3.7. SWITZERLAND
8.1.3.8. REST OF EUROPE
8.1.4. ASIA-PACIFIC
8.1.4.1. CHINA
8.1.4.2. JAPAN
8.1.4.3. INDIA
8.1.4.4. SOUTH KOREA
8.1.4.5. AUSTRALIA
8.1.4.6. INDONESIA
8.1.4.7. SINGAPORE
8.1.4.8. MALAYSIA
8.1.4.9. REST OF ASIA-PACIFIC
8.1.5. MIDDLE EAST
8.1.5.1. EGYPT
8.1.5.2. KUWAIT
8.1.5.3. SAUDI ARABIA
8.1.5.4. UNITED ARAB EMIRATES (UAE)
8.1.5.5. REST OF MIDDLE EAST
8.1.6. AFRICA
8.1.6.1. EGYPT
8.1.6.2. NIGERIA
8.1.6.3. SOUTH AFRICA
8.1.6.4. REST OF AFRICA

CHAPTER 9. COMPETITIVE LANDSCAPE
9.1. TOP WINNING STRATEGIES
9.1.1. BY STRATEGY
9.1.2. BY REGION
9.1.3. BY YEAR
9.2. COMPETITIVE HEATMAP
9.3. PRODUCT BENCHMARKING
9.4. STRATEGIC BENCHMARKING
9.4.1. MERGERS & ACQUISITIONS
9.4.2. STRATEGIC PARTNERSHIPS & COLLABORATIONS

CHAPTER 10. PLAYER BENCHMARKING
10.1. ASCEND PERFORMANCE MATERIALS
10.1.1. BUSINESS OVERVIEW
10.1.2. PRODUCT OFFERINGS
10.1.3. FINANCIAL OVERVIEW
10.1.4. STRATEGIC BENCHMARKING
10.1.5. SWOT ANALYSIS
10.2. KSS
10.2.1. BUSINESS OVERVIEW
10.2.2. PRODUCT OFFERINGS
10.2.3. FINANCIAL OVERVIEW
10.2.4. STRATEGIC BENCHMARKING
10.2.5. SWOT ANALYSIS
10.3. ABB INSTALLATION PRODUCTS INC.
10.3.1. BUSINESS OVERVIEW
10.3.2. PRODUCT OFFERINGS
10.3.3. FINANCIAL OVERVIEW
10.3.4. STRATEGIC BENCHMARKING
10.3.5. SWOT ANALYSIS
10.4. HONT ELECTRICAL CO., LTD.
10.4.1. BUSINESS OVERVIEW
10.4.2. PRODUCT OFFERINGS
10.4.3. FINANCIAL OVERVIEW
10.4.4. STRATEGIC BENCHMARKING
10.4.5. SWOT ANALYSIS
10.5. AMERICAN ELITE MOLDING
10.5.1. BUSINESS OVERVIEW
10.5.2. PRODUCT OFFERINGS
10.5.3. FINANCIAL OVERVIEW
10.5.4. STRATEGIC BENCHMARKING
10.5.5. SWOT ANALYSIS
10.6. CHANGHONG PLASTICS GROUP IMPERIAL PLASTICS CO., LTD.
10.6.1. BUSINESS OVERVIEW
10.6.2. PRODUCT OFFERINGS
10.6.3. FINANCIAL OVERVIEW
10.6.4. STRATEGIC BENCHMARKING
10.6.5. SWOT ANALYSIS
10.7. PARTEX MARKING SYSTEMS
10.7.1. BUSINESS OVERVIEW
10.7.2. PRODUCT OFFERINGS
10.7.3. FINANCIAL OVERVIEW
10.7.4. STRATEGIC BENCHMARKING
10.7.5. SWOT ANALYSIS
10.8. HELLERMANN TYTON
10.8.1. BUSINESS OVERVIEW
10.8.2. PRODUCT OFFERINGS
10.8.3. FINANCIAL OVERVIEW
10.8.4. STRATEGIC BENCHMARKING
10.8.5. SWOT ANALYSIS
10.9. YUEQING HUADA PLASTIC
10.9.1. BUSINESS OVERVIEW
10.9.2. PRODUCT OFFERINGS
10.9.3. FINANCIAL OVERVIEW
10.9.4. STRATEGIC BENCHMARKING
10.9.5. SWOT ANALYSIS
10.10. THOMAS & BETTS CORPORATION
10.10.1. BUSINESS OVERVIEW
10.10.2. PRODUCT OFFERINGS
10.10.3. FINANCIAL OVERVIEW
10.10.4. STRATEGIC BENCHMARKING
10.10.5. SWOT ANALYSIS
10.11. AMERICAN ELITE MOLDING
10.11.1. BUSINESS OVERVIEW
10.11.2. PRODUCT OFFERINGS
10.11.3. FINANCIAL OVERVIEW
10.11.4. STRATEGIC BENCHMARKING
10.11.5. SWOT ANALYSIS
10.12. PARTEX
10.12.1. BUSINESS OVERVIEW
10.12.2. PRODUCT OFFERINGS
10.12.3. FINANCIAL OVERVIEW
10.12.4. STRATEGIC BENCHMARKING
10.12.5. SWOT ANALYSIS