Global Polyester Straps Market Report 2019-2023 with Market Positioning of Key Vendors Crown, FROMM, Messers Packaging, Polychem, & Teufelberger

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Apr 17, 2019, 13:30 ET

DUBLIN, April 17, 2019 /PRNewswire/ -- The "Global Polyester Straps Market 2019-2023" report has been added to ResearchAndMarkets.com's offering.

The polyester straps market will register a CAGR of over 15% by 2023.

Polyester straps are predominantly used in the paper and printing industry as they are lightweight and resistant to corrosion. They are used in bundling and packaging a wide range of paper and printing products such as specialty paper, writing and printing paper, tissue papers, and coated paper, among others. Printing and writing papers are used for magazines, books, stationery, newspapers, and for office reprographics and catalog printing.

The focus on hygiene is also driving the consumption of tissue papers. High demand for toilet paper, facial wipes, paper towels, and paper products for the foodservice industry is likely to encourage the use of polyester straps. Polyester straps are commonly used in packaging paper products and help in ensuring safe transportation and storage. This increased consumption of paper products is estimated to drive the demand for polyester straps during the forecast period.

Market Overview

Increasing consumption in steel and metal industry

Metal and steel products are used extensively in the manufacturing, building and construction. and infrastructure industries. The growing use of metal and steel products bolsters the uses of polyester straps that are used in palletizing, tying, and packaging steel products as they are very strong and durable. Thus, the growing consumption of metal and steel products is expected to drive the market during the forecast period.

Fluctuation in raw material prices

Volatility in the cost's petroleum-based raw materials and the demand for polyester strap products in emerging economies can hinder the market growth. Prices of raw materials such as polymers (polypropylene, polyester, and nylon), additives, and resins fluctuate as they are directly related to crude oil prices. Therefore, the prices of these raw materials fluctuate depending on the prevailing prices of natural gas and crude oil.

Competitive Landscape

The market appears to be fragmented and with the presence of limited vendors. This market research report will help clients identify new growth opportunities and design unique growth strategies by providing a comprehensive analysis of the market's competitive landscape and offering information on the products offered by companies.

Key Topics Covered:

PART 01: EXECUTIVE SUMMARY

PART 02: SCOPE OF THE REPORT

PART 03: MARKET LANDSCAPE

Market ecosystem
Market characteristics
Market segmentation analysis

PART 04: MARKET SIZING

Market definition
Market sizing 2018
Market size and forecast 2018-2023

PART 05: FIVE FORCES ANALYSIS

Bargaining power of buyers
Bargaining power of suppliers
Threat of new entrants
Threat of substitutes
Threat of rivalry
Market condition

PART 06: MARKET SEGMENTATION BY GRADE

Market segmentation by grade
Comparison by grade
Machine grade - Market size and forecast 2018-2023
Hand grade - Market size and forecast 2018-2023
Market opportunity by grade

PART 07: CUSTOMER LANDSCAPE

PART 08: GEOGRAPHIC LANDSCAPE

Geographic segmentation
Geographic comparison
Key leading countries
Market opportunity

PART 09: DRIVERS AND CHALLENGES

Market drivers
Market challenges

PART 10: MARKET TRENDS

Flourishing e-commerce industry encouraging the demand
Emergence of bioplastics
High growth potential in emerging economies

PART 11: VENDOR LANDSCAPE

Overview
Landscape disruption

PART 12: VENDOR ANALYSIS

Vendors covered
Vendor classification
Market positioning of vendors
Crown Holdings, Inc.
FROMM Holding AG
Messers Packaging S.r.l.
Polychem Corporation
Teufelberger Holding AG

PART 13: APPENDIX

For more information about this report visit https://www.researchandmarkets.com/r/cuvloe

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