Plastic Straps Market Size, Share, Growth and Demand Forecast by 2024

The plastic straps market is driven by factors such as growing demand in emerging markets across the globe, low-cost alternative to other material, and increasing demand from steel, paper, and other industries.  Different types of plastic straps such as polyester straps, propylene straps, and nylon straps majorly contribute to the global market size.  These straps have high flexibility; are easy to handle; and are lightweight, which makes them preferred an option in comparison to their alternatives. Request to get a Free Sample Copy of this Research Report at https://www.vynzresearch.com/chemicals-materials/plastic-straps-market/request-sample

Based on type, the plastic straps market is segmented into polyester straps, polypropylene straps, nylon straps, paper straps, and others.

The different end uses in plastic straps market include cotton, fiber, steel, paper, bricks and tiles, and others. Among all these, the demand for these straps is cotton segment is anticipated to witness the highest CAGR during the forecast period, owing to the beneficial properties it provides such as high tensile strength, high corrosion resistance, easy recyclability, and others.

Asia-Pacific accounted for the major share in the plastic straps industry in 2017, globally as the positive economic growth due to the increasing purchasing power and increasing disposable income of the Asian countries such as China, India, Philippines, and others.

Key players offering products in the plastic straps industry are Crown Holdings, Messersì Packaging, Teufelberger, Polychem Corporation, Scientex Berhad, Linder Seevetal, Mosca Direct Limited, Dubose Strapping, PAC Strapping Products, and Auto Strap India. Source: VynZ Research