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The global binding and hoisting equipment market is embracing new opportunities

2025,05,20
With the rapid development of the global logistics industry, the expansion of the scale of heavy manufacturing, and the increasingly strict industrial safety regulations, The market demand for high-performance binding and Lifting equipment such as Webbing, Tie Down Straps, Ratchet Straps, Wire Rope Slings, Chain Slings and Lifting Slings continues to grow. Industry analysis shows that the global market size of binding and hoisting equipment is expected to exceed 12 billion US dollars in 2024, with the Asia-Pacific and North America regions becoming the core growth engines.

1.Webbing and Tie Down Straps: The safety cornerstones of logistics transportation
High-strength polyester webtapes and nylon tensioners have become the preferred choice for securing goods in logistics transportation due to their lightweight, wear-resistant and UV-Resistant properties. With the expansion of e-commerce and cross-border logistics, the demand for high-load tensioners certified by DOT (U.S. Department of Transportation) and EN 12195 (European Standard) has increased significantly. Leading enterprises in the industry are launching reflective webbing and anti-slip coated straps to enhance the safety and stability of night operations.

2. Ratchet Straps: The key guarantee for heavy transportation
Ratchet straps are widely used in the transportation of trucks, containers and mechanical equipment due to their high tension adjustment capacity and ease of operation. The new generation of products adopts anti-rust coated ratchet and ultra-high strength polyester fiber belt body. The working load of some models can reach over 10 tons, meeting the over-limit transportation requirements of wind power, construction machinery, etc.

3. Wire Rope/Chain Slings: The core force of industrial hoisting
In the fields of shipbuilding, energy and construction, wire rope slings and alloy steel chain slings have become the core tools for heavy equipment hoisting due to their extremely high breaking strength and high-temperature resistance. To adapt to extreme environments, some manufacturers have launched anti-rotation steel wire ropes and traceless coated chains, significantly reducing the risk of wear and extending service life.

4. Lifting Slings: A Balance between safety and Efficiency
Compared with traditional metal slings, high-molecular polyethylene (HMPE) and aramid fiber lifting slings have advantages such as light weight, no damage to the surface of goods and insulation, and are widely used in the handling of precision equipment, aerospace and new energy battery modules. With the popularization of green manufacturing concepts, the market share of lifting slings made of recyclable materials has been increasing year by year.

Industry trend: Intelligence and standardization drive upgrading
Intelligent monitoring technology: Straps and slings integrated with RFID tags or tension sensors can monitor the load status in real time and issue early warnings of overload risks.
 
Environmentally friendly materials: bio-based Polyester Webbing and low-carbon steel chains have become the focus of research and development, helping enterprises achieve their carbon neutrality goals.
 
Global standardization: The mutual recognition trend of safety certifications such as ISO, OSHA and GB accelerates the standardized development of the industry.
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