(EMAILWIRE.COM, October 01, 2018 ) This report covers the present scenario (with the base year being 2017) and the growth prospects of global Steel Strapping market for 2018-2023.
Steel strapping is a kind of strapping made from steel. Steel Strapping is most commonly used in the packaging industry.
At present, the manufactures of steel strapping are concentrated in China, Europe, USA, Japan and India. The global leading players in this market are SSignode, Samuel Strapping, Baosteel, Anshan Falan, M.J.Maillis Group, etc.
The steel strapping are mainly used by metal industry, paper industry, building industry and glass industry. The dominated application of steel strapping is metal industry which accounting for about 75% market share.
Despite the presence of competition problems, due to the increasing demand of downstream industry, investors are still optimistic about this area, the future will still have more new investment enter the field. In the next five years, the consumption volume will keep increasing, as well as the consumption value.
Over the next five years, this report projects that Steel Strapping will register a 1.1% CAGR in terms of revenue, reach US$ 1260 million by 2023, from US$ 1170 million in 2017.
This report presents a comprehensive overview, market shares, and growth opportunities of Steel Strapping market by product type, application, key manufacturers and key regions.
To calculate the market size, this report considers value and volume generated from the sales of the following segments:
Segmentation by product type:
Blue-Tempered Steel Strapping
Paint-Coated Steel Strapping
Galvanized Steel Strapping
Others
Segmentation by application:
Metal Industry
Paper Industry
Glass Industry
Building Industry
Others
This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Spain
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The report also presents the market competition landscape and a corresponding detailed analysis of the major vendor/manufacturers in the market. The key manufacturers covered in this report:
Signode
Samuel Strapping
Baosteel
Anshan Falan
M.J.Maillis Group
Yongxin
Specta
Bhushan Steel
Tianjin Hongmei
Wiscom
Kohan Kogyo Co., Ltd
Midfield Industries
Yodogawa Steel Works
Polychem
Walzen Strips (P) Ltd
Ensho Steel Strapping
Titan Umreifungstechnik
Linder
Cyklop
SHOKO KIKO CO., LTD
PAC Strapping Products, Inc.
In addition, this report discusses the key drivers influencing market growth, opportunities, the challenges and the risks faced by key manufacturers and the market as a whole. It also analyzes key emerging trends and their impact on present and future development.
Research objectives
To study and analyze the global Steel Strapping consumption (value & volume) by key regions/countries, product type and application, history data from 2013 to 2017, and forecast to 2023.
To understand the structure of Steel Strapping market by identifying its various subsegments.
Focuses on the key global Steel Strapping manufacturers, to define, describe and analyze the sales volume, value, market share, market competition landscape, SWOT analysis and development plans in next few years.
To analyze the Steel Strapping with respect to individual growth trends, future prospects, and their contribution to the total market.
To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).
To project the consumption of Steel Strapping submarkets, with respect to key regions (along with their respective key countries).
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
To strategically profile the key players and comprehensively analyze their growth strategies.

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