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Download Free sampleThe global Plastic Cable Ties market was valued at 1141.17 Million USD in 2021 and will grow with a CAGR of 4.76% from 2021 to 2027, based on Research newly published report.
The prime objective of Plastic Cable Ties Market is to provide the insights on the post COVID-19 impact which will help market players in this field evaluate their business approaches. Also, Plastic Cable Ties Market covers market segmentation by major market verdors, types, applications/end users and geography(North America, East Asia, Europe, South Asia, Southeast Asia, Middle East, Africa, Oceania, South America).
A cable tie (also known as a hose tie, zip tie, or by the brand name Ty-Rap) is a type of fastener, for holding items together, primarily electrical cables, and wires. Because of their low cost, ease of use, and binding strength, cable ties are ubiquitous, finding use in a wide range of other applications. The common cable tie, normally made of nylon, has a flexible tape section with teeth that engage with a pawl in the head to form a ratchet so that as the free end of the tape section is pulled the cable tie tightens and does not come undone.Global major companies profiled in the Plastic Cable Ties market include Hua Wei, HellermannTyton, Changhong Plastics Group, etc. Global top 3 companies account for nearly 25% of the market share. Europe and the Asia Pacific are likely to offer good prospects, both have a share over 70%. In terms of product, PA66 Cable Tie is the largest segment, with a share over 75%. And in terms of application, the largest application is Electronic, followed by Home Appliances, Automobile Industry, etc.
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