Steel Strapping Market - Top Companies and Manufacturers

  • Report ID: 5824
  • Published Date: May 01, 2024
  • Report Format: PDF, PPT

Companies Dominating the Steel Strapping Landscape

    • Signode
      • Company Overview
      • Business Strategy
      • Key Product Offerings
      • Financial Performance
      • Key Performance Indicators
      • Risk Analysis
      • Recent Development
      • Regional Presence
      • SWOT Analysis
    • Walter Surface Technologies
    • SMC Group
    • Arcelor Mittal
    • Acme Steel Company
    • Berry Global Inc.
    • Fastenal Company
    • Polymer Group Inc.
    • Rathi Steel Strips Inc
    • Pacific Steel Strapping Corporation

Browse Key Market Insights with Data Illustration:

In the News

  • The new BPT Steel Strapping Tool from Signode, a top manufacturer of automated packaging tools, equipment, and consumables worldwide, is now available.
    The battery-operated tool's lightweight and balanced design makes it perfect for a variety of steel strapping applications, such as heavy-duty stationary or mobile applications that demand high-tension force. With 500 cycles per battery charge, BPT enables smooth, uninterrupted operation and complete mobility across the plant, unrestricted by air hose reach or air quality.
  • Walter Surface Technologies to provide industrial clients with more automation and robotic solutions, has just introduced a new service. To create a quick but comprehensive automatization process, Walter, a member of the A3 - Association for Advancing Automation, collaborated with a wide range of North American system integrators and end-of-arm tool manufacturers that specialize in robotic systems and material removal operations.
    This included assessing readiness, evaluating requirements and objectives, choosing the best technology, designing the new system, testing and integrating it, reviewing performance, providing training, and providing ongoing maintenance.

Author Credits:  Richa Gupta

  • Report ID: 5824
  • Published Date: May 01, 2024
  • Report Format: PDF, PPT

Frequently Asked Questions (FAQ)

In the year 2023, the industry size of steel strapping was over USD 1 billion.

The market size for steel strapping is projected to cross USD 2 billion by the end of 2036 expanding at a CAGR of 6% during the forecast period i.e., between 2024-2036.

The major players in the market are Signode, Walter Surface Technologies, SMC Group, Arcelor Mittal, Acme Steel Company, Berry Global Inc., Fastenal Company, Polymer Group Inc., Rathi Steel Strips Inc., Pacific Steel Strapping Corporation, and others.

In terms of tensile strength, the high tensile segment is anticipated to account for the largest market share of 57% during 2024-2036.

The Asia Pacific steel strapping sector is poised to hold the highest share of 34% by 2036.
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