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Strapping Material Market 2019 | Regional Insights & Growth Forecast To 2025

Author : Rahul Varpe | Published Date : 2019-12-03 

Strapping Materials Market size will see noticeable gain during the forecast timeframe owing to rising demand from packaging industry. Strapping is the procedure to apply a strap to an object to reinforce, combine, hold, stabilize, or fasten it. Strapping materials are widely used in packaging industry, since they exhibit superior properties such as tension resistance, high elongation and possess high tensile strength which facilitate in packaging of construction materials and metals.

Strapping is used in a variety of industries from shipping large industrial equipment to reinforcing cases in e-commerce fulfilment centers. Rising demand for consumer electronics, medical devices, household appliances, textile goods and pharmaceutical products, along with flourishing e-commerce industry and improved logistics operations shall augment strapping material market demand in near future.

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As per materials, the strapping materials market can be classified into steel, polypropylene, polyester, nylon and others such as paper, composites, woven, etc. Polyester based straps are gaining popularity owing to properties of invariable tension on load while transportation and greater elongation recovery. On the other hand, polypropylene based straps offer the advantage of shrinking or elongation from its original shape and size.  

Strapping materials are available in different strengths with specific grades and classifications and these grades are described by ASTM International and American Association of Railroads. In addition, effective strapping not only reduces logistical expenses but also facilitate warehousing of goods. It can be used as a substitute to wrap since strapping protect goods from damage and spoilage while shipping or handling the product.

The application areas of strapping material market include food & beverage, industrial logistics, consumer electronics, building & construction and others such as textile, metals etc. Strapping material mainly depends on the end-user mobility, as they facilitate bundling items together for handling and shipments.

Asia Pacific will witness significant growth rate in China, India, South Korea owing to rising product application in industries such as food & beverages, building & construction, paper & printing, etc. Europe is another substantial market in the global strapping material market. The European Union’ s ban on non-recyclable plastic and the need to curb pollution from manmade plastics & synthetic polymers is likely to drive market in the region. Moreover, easy availability of raw material shall benefit global strapping material market over the forecast timeframe.

Partial Chapter of the Table of Content:

Strapping Material Market, By Material, 2014-2025 (USD Million)

  • Steel
  • Polypropylene
  • Polyester
  • Nylon
  • Others

Strapping Material Market, By Application, 2014-2025 (USD Million)

  • Food & beverage
  • Industrial logistics
  • Consumer electronics
  • Building & construction
  • Others

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Prominent players operating in global strapping material market include 3M, Cyklop International, Dynaric, Polychem Corporation, Milan Ligocki UNIPACK, Signode Packaging Systems Corporation, Plastofine Industries, Crawford Packaging, Titan Umreifungstechnik, Mosca GmbH, Signor Polymers, StraPack, Inc. Martin Packaging and Panorama Packaging. Players are continuously incorporating acquisitions & mergers, as their key growth strategy.
 

About Author

Rahul Varpe

Rahul Varpe

Rahul Varpe currently writes for fractovia. A communication Engineering graduate by education, Rahul started his journey in as a freelancer writer along with regular jobs. Rahul has a prior experience in writing as well as marketing of services and products online. Apart from being an avid reader, his other hobbies include music and sketching. He can be contacted at- [email protected] | https://twitter.com/varperahul

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