The 8703B is perfect for industrial applications, due to the fact that it can withstand vibrations, petrochemicals and temperature changes. Its insulating properties means it won't conduct electricity. It can also still work when exposed to basic solvents and alkalies, as well as diluted acid, oil or grease. The UV protection on the material also makes them helpful for outdoor use. When both ends are looped together and connected, it creates a permanent tie around your cables. The loop is adjustable to the point of tightness and it is self-locking so the bundle won't come undone.