The global nylon cable ties market reached a value of US$ 141.62 Million in 2021. Looking forward, IMARC Group expects the market to reach a value of US$ 220.02 Million by 2027, exhibiting a CAGR of 7.30% during 2022-2027. Keeping in mind the uncertainties of COVID-19, we are continuously tracking and evaluating the direct as well as the indirect influence of the pandemic on different end use industries. These insights are included in the report as a major market contributor.

Nylon cable ties refer to long, narrow fasteners that are manufactured from nylon resin for holding and organizing various products together, including wires and electrical cables. They offer moderate stiffness and flexibility, high tensile strength, and an optimal level of toughness, temperature compatibility and versatility at cost-effective prices. Apart from this, nylon cable ties possess flame-retardant, chemical resistance, strong binding, better insulation, and self-locking properties, due to which they find extensive application across various industries. At present, nylon cable ties are commercially available in varying sizes, measurements, colors and types, such as single and reusable cable ties.

Nylon Cable Ties Market Trends:
The nylon cable ties market is majorly being driven by the widespread product adoption across various industrial verticals, including construction, agriculture, consumer goods, automotive, and electronics, due to the increasing need for cost-effective and efficient holding wires for assembling products and tying cables. Rapid expansion in the food and beverage (F&B) sector has further facilitated the extensive deployment of nylon cable ties for packaging various consumer goods, which, in turn, is acting as another growth-inducing factor. They assist in ensuring the safety of the products during the assembling process by eliminating the risk of contamination. In line with this, significant technological advancements, including the introduction of metal detectable nylon cables that can be integrated with a one-piece and self-lock features for instant installation of commodities, are contributing to the market growth. Other factors, such as rapid industrialization, continuous investments in the research and development (R&D) activities, and strategic collaborations amongst the key players to upgrade and improve the efficiency of nylon cable ties, are creating a positive outlook for the market.

Key Market Segmentation:
IMARC Group provides an analysis of the key trends in each sub-segment of the global nylon cable ties market, along with forecasts at the global, regional and country level from 2022-2027. Our report has categorized the market based on type, sales channel and application.

Breakup by Type:

Nylon 6
Nylon 66
Others

Breakup by Sales Channel:

Direct Sales
Distributor

Breakup by Application:

Electronics and Electrical
Building and Construction
Automotive
Agriculture
Consumer Goods
Industrial
Others

Breakup by Region:

North America
United States
Canada
Asia-Pacific
China
Japan
India
South Korea
Australia
Indonesia
Others
Europe
Germany
France
United Kingdom
Italy
Spain
Russia
Others
Latin America
Brazil
Mexico
Others
Middle East and Africa

Competitive Landscape:
The competitive landscape of the industry has also been examined along with the profiles of the key players being 3M Company, ABB Ltd., Advanced Cable Ties Inc., Ascend Performance Materials, Changhong Plastics Group Imperial Plastics Co. Ltd., HellermannTyton (Aptiv PLC), Hont Electrical Co. Ltd., Kai Suh Suh Enterprise Co. Ltd., Novoflex, Panduit, Partex Marking Systems and Yueqing Huada Plastic Co. Ltd.

Key questions answered in this report:
How has the global nylon cable ties market performed so far and how will it perform in the coming years?
What has been the impact of COVID-19 on the global nylon cable ties market?
What are the key regional markets?
What is the breakup of the market based on the type?
What is the breakup of the market based on the sales channel?
What is the breakup of the market based on the application?
What are the various stages in the value chain of the industry?
What are the key driving factors and challenges in the industry?
What is the structure of the global nylon cable ties market and who are the key players?
What is the degree of competition in the industry?