Cable Tie Market Size, Share, and Industry Analysis, By Product Type (Releasable Cable Ties, Ball Lock Cable Ties, and Ladder Cable Ties), By Material Type (Nylon, Stainless Steel, and Others), By Application (Electronics and Electrical, Building and Construction, Automotive, Consumer Goods, Marine, and Others) and Regional Forecast, 2025-2032

Cable ties, also known as tie wraps or zip ties, are multipurpose fasteners used to pack and secure wires, cables, and other objects. They are primarily used in various sectors, including automotive, construction, electrical, and home organization. Cable ties are typically made of plastic or nylon, which are lightweight, durable, & resistant to moisture and most chemical materials.

The rising activities in the electrical sector are boosting the demand for cable ties. This plays a crucial role in considering cable and wire equipment. It again helps to improve the productivity of the electrical wires and computer cables. Manufacturers are trying to develop the cable tie which can be strong and long lasting.

• In January 2023, Ascend Performance Materials announced the launch of pre-colored, metal-detectable Vydyne® PA66 compounds for cable ties and fasteners for sectors where foreign object infection causes health concerns, such as in healthcare and food processing facilities.

The COVID-19 pandemic had a negative impact on multiple sectors, including the cable tie market. The halt in manufacturing units due to low demand had a destructive effect on the market. Again, a suspension in activities where cable ties play an important role, such as the construction sector, influenced market growth. 

KEY INSIGHTS

The report covers the following key insights:

• Recent Advancements in Cable Ties


• Key Industry Trends


• Regulatory Landscape for Cable Ties


• Key Industry Developments (Mergers, Acquisitions, and Partnerships)


• Impact of COVID-19 on the Market

SEGMENTATION

ANALYSIS BY PRODUCT TYPE

By product type, the market is segmented into releasable cable ties, ball lock cable ties, and ladder cable ties. Releasable cable ties are estimated as the dominating segment globally driven by their functions. Releasable cable ties are designed in such a way that allows releasing and reusing them several times. It makes them more cheap and environmentally approachable compared to single-use cable ties. A ball lock is considered one of the fastest-growing segments driven by its mechanism. Stainless steel cable tie strap structures a self-locking, ball-bearing mechanism that assures high tensile strength and easy pull-out. This makes it ideal for the several sectors where self-locking is considered as a critical factor. Ladder cable ties are the common ties used in consumer goods applications. It is expected to grow in upcoming years, driven by growth in consumer goods products.

ANALYSIS BY MATERIAL TYPE

By material type, the market is segmented into nylon, stainless steel, and others. Nylon is the dominating segment driven by its properties which can run the material for long. Nylon cable ties are usually resistant to an extensive range of temperatures, making them appropriate for both indoor and outdoor applications. They come in numerous lengths, making it probable to secure trim and long wire cables and objects. Stainless steel is expected as one of the fastest-growing segments driven by its strong material. It will most probably grow in the forecast years.

ANALYSIS BY APPLICATION

Based on the application, the market covers electronics and electrical, building and construction, automotive, consumer goods, and others. Cable ties are usually used in the electronics and electrical sectors for cable management and securing various components. Hence, it is a dominating segment globally. In addition, ties are an essential tool for keeping cables, wires, and other electrical equipment safely organized and preventing tangling. The automotive segment is considered one of the fastest-growing segments driven by the application of cable ties. It is expected to dominate in upcoming years as the automotive industry is growing continuously.

REGIONAL ANALYSIS

The global market is geographically segmented into North America, Europe, Asia Pacific, Latin America and the Middle East & Africa. Asia Pacific is the dominating region globally. The primary demand for cable ties will probably arise from China, Japan, and India. Growing urbanization and development in this region are expected to boost market growth over the forecast period.

Europe is estimated to be one of the fastest-growing regions in the global market. This is due to the availability of manufacturers in the region. Major players with a strong product portfolio are available in the European market.

North America is also contributing majorly to the global market, backed by growing activities in multiple sectors. The U.S. is the dominating country in the region. Latin America and the Middle East & Africa are slowly going toward progress in manufacturing. A lack of developments in production may delay the market growth in both regions.

KEY PLAYERS COVERED

Some major businesses in the global cable tie market are 3M, ABB Installation Products Inc., SapiSelco, Surelock, Avery Dennison Corporation, Brand-It IDEX Inc., HellermannTyton, ITW Construction Products, Legrand, Novoflex, and Panduit.

KEY INDUSTRY DEVELOPMENTS

• In June 2021, Two novelty leaders in automotive products, one fastening solution, The TAG Heuer Porsche Formula E Team, relied on ABB’s Ty-Rap advanced cable ties.


• In May 2020, ABB proclaimed new partnerships for their cable tie, conduit & fitting, and cable gland products. Legend Corporation Limited (Legend) will become the distributor of ABB’s products.