A rope is a bundle of flexible fibers twisted or braided together to increase its overall length and tensile strength. The use of ropes for hunting, carrying, lifting, and climbing dates back to prehistoric times. Ropes were originally made by hand using natural fibers. Modern ropes are made by machines and utilize many newer synthetic materials to give them improved strength, lighter weight, and better resistance to rotting. More than half of the rope manufactured today is used in the fishing and maritime industries.
Market Analysis and Insights: Global Synthetic Fibre Rope Market
Due to the COVID-19 pandemic, the global Synthetic Fibre Rope market size is estimated to be worth US$ 1457.5 million in 2022 and is forecast to a readjusted size of US$ 1802 million by 2028 with a CAGR of 3.6% during the forecast period 2022-2028. Fully considering the economic change by this health crisis, Polypropylene accounting for % of the Synthetic Fibre Rope global market in 2021, is projected to value US$ million by 2028, growing at a revised % CAGR from 2022 to 2028. While Marine & Fishing segment is altered to an % CAGR throughout this forecast period.
Global Synthetic Fibre Rope key players include Wireco World Group, Samson Rope Technologies, Garware-Wall Ropes Ltd., Bridon International Ltd, etc. Global top four manufacturers hold a share over 35%. Europe is the largest market, with a share over 30%.
Global Synthetic Fibre Rope Market: Drivers and Restrains
The research report has incorporated the analysis of different factors that augment the market’s growth. It constitutes trends, restraints, and drivers that transform the market in either a positive or negative manner. This section also provides the scope of different segments and applications that can potentially influence the market in the future. The detailed information is based on current trends and historic milestones. This section also provides an analysis of the volume of production about the global market and about each type from 2017 to 2028. This section mentions the volume of production by region from 2017 to 2028. Pricing analysis is included in the report according to each type from the year 2017 to 2028, manufacturer from 2017 to 2022, region from 2017 to 2022, and global price from 2017 to 2028.
A thorough evaluation of the restrains included in the report portrays the contrast to drivers and gives room for strategic planning. Factors that overshadow the market growth are pivotal as they can be understood to devise different bends for getting hold of the lucrative opportunities that are present in the ever-growing market. Additionally, insights into market expert’s opinions have been taken to understand the market better.
Global Synthetic Fibre Rope Market: Segment Analysis
The research report includes specific segments by region (country), by manufacturers, by Type and by Application. Each type provides information about the production during the forecast period of 2017 to 2028. by Application segment also provides consumption during the forecast period of 2017 to 2028. Understanding the segments helps in identifying the importance of different factors that aid the market growth.
Segment by Type
Polypropylene
Polyester
Polyamide Fiber
Polyethylene
Segment by Application
Marine & Fishing
Sports and Leisure
Oil & Gas
Construction
Cranes
Others
By Company
Wireco World Group
Samson Rope Technologies
Garware-Wall Ropes Ltd.
Bridon International Ltd
Teufelberger Holding AG
Marlow Ropes Ltd.
Yale Cordage Inc
Juli Sling
Cortland Limited
Southern Ropes
Lanex A.S
GRPP
English Braids Ltd
Taizhou Hongda
Katradis
Jiangsu Shenyun
Production by Region
North America
Europe
China
India
Consumption by Region
North America
U.S.
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
India
Australia
China Taiwan
Indonesia
Thailand
Malaysia
Latin America
Mexico
Brazil
Argentina
Market Analysis and Insights: Global Synthetic Fibre Rope Market
Due to the COVID-19 pandemic, the global Synthetic Fibre Rope market size is estimated to be worth US$ 1457.5 million in 2022 and is forecast to a readjusted size of US$ 1802 million by 2028 with a CAGR of 3.6% during the forecast period 2022-2028. Fully considering the economic change by this health crisis, Polypropylene accounting for % of the Synthetic Fibre Rope global market in 2021, is projected to value US$ million by 2028, growing at a revised % CAGR from 2022 to 2028. While Marine & Fishing segment is altered to an % CAGR throughout this forecast period.
Global Synthetic Fibre Rope key players include Wireco World Group, Samson Rope Technologies, Garware-Wall Ropes Ltd., Bridon International Ltd, etc. Global top four manufacturers hold a share over 35%. Europe is the largest market, with a share over 30%.
Global Synthetic Fibre Rope Market: Drivers and Restrains
The research report has incorporated the analysis of different factors that augment the market’s growth. It constitutes trends, restraints, and drivers that transform the market in either a positive or negative manner. This section also provides the scope of different segments and applications that can potentially influence the market in the future. The detailed information is based on current trends and historic milestones. This section also provides an analysis of the volume of production about the global market and about each type from 2017 to 2028. This section mentions the volume of production by region from 2017 to 2028. Pricing analysis is included in the report according to each type from the year 2017 to 2028, manufacturer from 2017 to 2022, region from 2017 to 2022, and global price from 2017 to 2028.
A thorough evaluation of the restrains included in the report portrays the contrast to drivers and gives room for strategic planning. Factors that overshadow the market growth are pivotal as they can be understood to devise different bends for getting hold of the lucrative opportunities that are present in the ever-growing market. Additionally, insights into market expert’s opinions have been taken to understand the market better.
Global Synthetic Fibre Rope Market: Segment Analysis
The research report includes specific segments by region (country), by manufacturers, by Type and by Application. Each type provides information about the production during the forecast period of 2017 to 2028. by Application segment also provides consumption during the forecast period of 2017 to 2028. Understanding the segments helps in identifying the importance of different factors that aid the market growth.
Segment by Type
Polypropylene
Polyester
Polyamide Fiber
Polyethylene
Segment by Application
Marine & Fishing
Sports and Leisure
Oil & Gas
Construction
Cranes
Others
By Company
Wireco World Group
Samson Rope Technologies
Garware-Wall Ropes Ltd.
Bridon International Ltd
Teufelberger Holding AG
Marlow Ropes Ltd.
Yale Cordage Inc
Juli Sling
Cortland Limited
Southern Ropes
Lanex A.S
GRPP
English Braids Ltd
Taizhou Hongda
Katradis
Jiangsu Shenyun
Production by Region
North America
Europe
China
India
Consumption by Region
North America
U.S.
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
India
Australia
China Taiwan
Indonesia
Thailand
Malaysia
Latin America
Mexico
Brazil
Argentina
Frequently Asked Questions
This market study covers the global and regional market with an in-depth analysis of the overall growth prospects in the market. Furthermore, it sheds light on the comprehensive competitive landscape of the global market. The report further offers a dashboard overview of leading companies encompassing their successful marketing strategies, market contribution, recent developments in both historic and present contexts.
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The report provides a detailed evaluation of the market by highlighting information on different aspects which include drivers, restraints, opportunities, and threats. This information can help stakeholders to make appropriate decisions before investing.