Synthetic fiber rope refers to the high strength fiber material through weaving, sewing and other processes, usually divided into synthetic fiber hoisting belt, fastener, safety belt, traction rope, cable, etc.The synthetic fiber rope industry was $1.3 billion in 2018 and is projected to reach $1.6 billion by 2025, with a compound annual growth rate of 4% from 2018 to 2025.The global market for synthetic fibre ropes has grown slowly over the past few years due to the continued impact of reduced customer spending on upstream offshore oil and gas-related demand (exploration, drilling and commissioning activities) and competitive price pressures.Nevertheless, synthetic fibre ropes are rapidly replacing steel ropes due to their superior properties and are in great demand in emerging markets in the Asia Pacific region.Key participants include Wireco World Group, Samson Rope Technologies, Garware-Wall Ropes Ltd., Bridon International Ltd., Teufelberger Holding AG, Marlow Ropes Ltd., Yale Cordage Inc., Juli Sling Co., Ltd, Cortland Limited, Southern Ropes,Lanex AS, GRPP, English Braids Ltd, Taizhou Hongda, Katradis, Jiangsu Shenyun, etc.Leading companies have the advantages of good performance, rich product types, mature technology and impeccable after-sales service.As a result, they have a large share of the high-end market.Looking ahead, the slow downward trend in prices in recent years will remain unchanged.As competition intensifies, the price gap between different brands will narrow.Similarly, gross margins can fluctuate.Chinese synthetic fiber ropes market achieved rapid development in recent years, Chinese companies by increasing investment and research and development, have a foothold in the international market, to participate in international competition and division of labor, to a certain extent, and obtain larger market share, but in terms of technical development and brand competition is still a certain gap compared with international large enterprises.Some large enterprises in China have been able to carry out independent research and development, and developed some special materials and products with independent intellectual property rights. In terms of varieties, specifications, quality and output scale, Chinese synthetic fiber ropes are narrowing the gap with similar products in other countries.On the whole, China's synthetic fiber rope enterprises still lag behind the world's advanced level in terms of product structure, quality, production cost, innovation ability, technical and economic indicators, waste resource utilization and environmental protection.
According to our (Global Info Research) latest study, the global Synthetic Fiber Rope market size was valued at USD 1428.5 million in 2022 and is forecast to a readjusted size of USD 1822.5 million by 2029 with a CAGR of 3.5% during review period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
Global Synthetic Fiber Rope key players include Garware-Wall Ropes Ltd., WireCo World Group, Samson Rope Technologies, Bridon International Ltd, Teufelberger Holding AG, etc. Global top five manufacturers hold a share over 40%.
Europe is the largest market, with a share about 35%, followed by China, and North America, both have a share about 40 percent.
In terms of product, Polypropylene Rope is the largest segment, with a share about 25%. And in terms of application, the largest application is Oceans and Fisheries, followed by Oil and Gas, Crane, Sports Leisure, etc.
This report is a detailed and comprehensive analysis for global Synthetic Fiber Rope market. Both quantitative and qualitative analyses are presented by manufacturers, by region & country, by Type and by Application. As the market is constantly changing, this report explores the competition, supply and demand trends, as well as key factors that contribute to its changing demands across many markets. Company profiles and product examples of selected competitors, along with market share estimates of some of the selected leaders for the year 2023, are provided.
Key Features:
Global Synthetic Fiber Rope market size and forecasts, in consumption value ($ Million), sales quantity (Km), and average selling prices (USD/Km), 2018-2029
Global Synthetic Fiber Rope market size and forecasts by region and country, in consumption value ($ Million), sales quantity (Km), and average selling prices (USD/Km), 2018-2029
Global Synthetic Fiber Rope market size and forecasts, by Type and by Application, in consumption value ($ Million), sales quantity (Km), and average selling prices (USD/Km), 2018-2029
Global Synthetic Fiber Rope market shares of main players, shipments in revenue ($ Million), sales quantity (Km), and ASP (USD/Km), 2018-2023
The Primary Objectives in This Report Are:
To determine the size of the total market opportunity of global and key countries
To assess the growth potential for Synthetic Fiber Rope
To forecast future growth in each product and end-use market
To assess competitive factors affecting the marketplace
This report profiles key players in the global Synthetic Fiber Rope market based on the following parameters - company overview, production, value, price, gross margin, product portfolio, geographical presence, and key developments. Key companies covered as a part of this study include WireCo World Group, Samson Rope Technologies, Garware-Wall Ropes Ltd., Bridon International Ltd and Teufelberger Holding AG, etc.
This report also provides key insights about market drivers, restraints, opportunities, new product launches or approvals, COVID-19 and Russia-Ukraine War Influence.
Market Segmentation
Synthetic Fiber Rope market is split by Type and by Application. For the period 2018-2029, the growth among segments provides accurate calculations and forecasts for consumption value by Type, and by Application in terms of volume and value. This analysis can help you expand your business by targeting qualified niche markets.
Market segment by Type
Polypropylene Rope
Polyester Rope
Nylon Rope
Polyethylene Rope
Market segment by Application
Oceans and Fisheries
Sports Leisure
Oil and Gas
Construction
Crane
Other
Major players covered
WireCo World Group
Samson Rope Technologies
Garware-Wall Ropes Ltd.
Bridon International Ltd
Teufelberger Holding AG
Marlow Ropes Ltd.
Yale Cordage Inc
Juli Sling Co., Ltd
Cortland Limited
Southern Ropes
Lanex A.S
GRPP
English Braids Ltd
Taizhou Hongda Rope Net Co.,Ltd.
Katradis
Jiangsu Shenyun Rope Co,. Ltd
Market segment by region, regional analysis covers
North America (United States, Canada and Mexico)
Europe (Germany, France, United Kingdom, Russia, Italy, and Rest of Europe)
Asia-Pacific (China, Japan, Korea, India, Southeast Asia, and Australia)
South America (Brazil, Argentina, Colombia, and Rest of South America)
Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa, and Rest of Middle East & Africa)
The content of the study subjects, includes a total of 15 chapters:
Chapter 1, to describe Synthetic Fiber Rope product scope, market overview, market estimation caveats and base year.
Chapter 2, to profile the top manufacturers of Synthetic Fiber Rope, with price, sales, revenue and global market share of Synthetic Fiber Rope from 2018 to 2023.
Chapter 3, the Synthetic Fiber Rope competitive situation, sales quantity, revenue and global market share of top manufacturers are analyzed emphatically by landscape contrast.
Chapter 4, the Synthetic Fiber Rope breakdown data are shown at the regional level, to show the sales quantity, consumption value and growth by regions, from 2018 to 2029.
Chapter 5 and 6, to segment the sales by Type and application, with sales market share and growth rate by type, application, from 2018 to 2029.
Chapter 7, 8, 9, 10 and 11, to break the sales data at the country level, with sales quantity, consumption value and market share for key countries in the world, from 2017 to 2022.and Synthetic Fiber Rope market forecast, by regions, type and application, with sales and revenue, from 2024 to 2029.
Chapter 12, market dynamics, drivers, restraints, trends, Porters Five Forces analysis, and Influence of COVID-19 and Russia-Ukraine War.
Chapter 13, the key raw materials and key suppliers, and industry chain of Synthetic Fiber Rope.
Chapter 14 and 15, to describe Synthetic Fiber Rope sales channel, distributors, customers, research findings and conclusion.
Summary:
Get latest Market Research Reports on Synthetic Fiber Rope. Industry analysis & Market Report on Synthetic Fiber Rope is a syndicated market report, published as Global Synthetic Fiber Rope Market 2023 by Manufacturers, Regions, Type and Application, Forecast to 2029. It is complete Research Study and Industry Analysis of Synthetic Fiber Rope market, to understand, Market Demand, Growth, trends analysis and Factor Influencing market.