There has been a growing demand for plastic strapping materials in many industries such as textile, building and construction, transportation and logistics, automotive, and food and beverages. This factor is likely to boost the global plastic strapping materials market over the assessment tenure, from 2018 to 2026. In the global plastic strapping materials, polypropylene is estimated to be the widely chosen strapping material for various end use industries. Such preference for polypropylene is owing to the compatibility and widespread availability of the product for many of the applications. Polyester strapping finds increased use in various heavy load industries, thanks to its high breaking strength. Some of the key market players that have been profiled in the global plastic strapping materials market are Samuel, Son and Co., Limited, M. J. Maillis group, Signode Industrial Group, Teufelberger Holding AG, Scientex Berhad, and Hangzhou Youngsun Intelligent Equipment Co. Ltd,
Request a Sample of Plastic Strapping Materials Market – https://www.transparencymarketresearch.com/sample/sample.php?flag=S&rep_id=48132 Presence of Untapped Market Makes Asia Pacific a Promising Region Considering regional segmentation of the global plastic strapping materials market, North America is prognosticated to hold a sizeable share of the global plastic strapping materials market and is expected to retain its regional dominance. The US is estimated to drive the regional growth of the market, thanks to the rising demand from food and beverage segment. Asia Pacific is prophesized to expand at a high growth rate owing to phenomenal growth of the packaging and manufacturing industry in the Asia Pacific region. Augmented research and development in plastic strapping materials industries is likely to add to the growth of the global plastic strapping materials market over the review period, from 2018 to 2026. Increased Demand from the Food and Beverage Industry to Spur Demand for the Product Polypropylene and polyester strapping are the two significant types of plastic strapping that found today. Polypropylene strapping is a cost effective strapping substance that is meant for unitizing, palletizing, and light duty bundling.