Steel Strapping Market Analysis
Segmentation Analysis:
In terms of segmentation, the global Steel Strapping market is analyzed on the basis of Tensile Strength, Coating, Applications .
Regular Duty vs. High Tensile:
Regular duty steel strapping is commonly used for lighter loads and general purpose applications, while high tensile steel strapping is stronger and more rigid, making it suitable for heavy duty and high tension applications. The demand for high tensile steel strapping is expected to grow due to its superior strength and durability.
Painted & Waxed Strapping vs. Uncoated Strapping:
Painted & waxed strapping offers increased corrosion resistance and improved handling, making it ideal for outdoor and harsh environment applications. On the other hand, uncoated strapping is more cost-effective and commonly used for indoor applications where corrosion is not a concern. The market for painted & waxed strapping is expected to witness steady growth due to its enhanced properties.
Metal Industry, Paper Industry, Glass Industry, Building Industry:
Steel strapping finds extensive application in various industries such as the metal industry for securing coils and sheets, the paper industry for bundling large reams of paper, the glass industry for transporting fragile glass products, and the building industry for securing construction materials. The demand for steel strapping in these industries is driven by the need for reliable and sturdy packaging solutions to ensure the safe transportation of goods.
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