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 Ropes were originally made by hand using natural fibers.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.
Global market for Synthetic Fibre Rope is growing slowly in the past few years due to the continued impact of reduced customer spending on upstream offshore oil & gas related demand (exploration, drilling and commissioning activities) and competitive pricing pressures. Despite of this, the Synthetic Fibre Rope is rapidly replacing steel ropes due to superior characteristics, and has a huge demand in the emerging markets in Asia-Pacific region.
According to this study, over the next five years the Synthetic Fibre Rope market will register a 3.3% CAGR in terms of revenue, the global market size will reach US$ 1470 million by 2024, from US$ 1210 million in 2019. In particular, this report presents the global market share (sales and revenue) of key companies in Synthetic Fibre Rope business, shared in Chapter 3.
This report presents a comprehensive overview, market shares, and growth opportunities of Synthetic Fibre Rope market by product type, application, key manufacturers and key regions and countries.
This study considers the Synthetic Fibre Rope value and volume generated from the sales of the following segments:
Segmentation by product type: breakdown data from 2014 to 2019, in Section 2.3; and forecast to 2024 in section 11.7.
Polypropylene
Polyester
Polyamide Fiber
Polyethylene
Others
Segmentation by application: breakdown data from 2014 to 2019, in Section 2.4; and forecast to 2024 in section 11.8.
Marine & Fishing
Sports and Leisure
Oil & Gas
Construction
Cranes
Others
This report also splits the market by region: Breakdown data in Chapter 4, 5, 6, 7 and 8.
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Spain
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The report also presents the market competition landscape and a corresponding detailed analysis of the major vendor/manufacturers in the market. The key manufacturers covered in this report: Breakdown data in in Chapter 3.
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
In addition, this report discusses the key drivers influencing market growth, opportunities, the challenges and the risks faced by key manufacturers and the market as a whole. It also analyzes key emerging trends and their impact on present and future development.
Research objectives
To study and analyze the global Synthetic Fibre Rope consumption (value & volume) by key regions/countries, product type and application, history data from 2014 to 2018, and forecast to 2024.
To understand the structure of Synthetic Fibre Rope market by identifying its various subsegments.
Focuses on the key global Synthetic Fibre Rope manufacturers, to define, describe and analyze the sales volume, value, market share, market competition landscape, SWOT analysis and development plans in next few years.
To analyze the Synthetic Fibre Rope with respect to individual growth trends, future prospects, and their contribution to the total market.
To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).
To project the consumption of Synthetic Fibre Rope submarkets, with respect to key regions (along with their respective key countries).
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
To strategically profile the key players and comprehensively analyze their growth strategies.
Summary:
Get latest Market Research Reports on Synthetic Fibre Rope . Industry analysis & Market Report on Synthetic Fibre Rope is a syndicated market report, published as Global Synthetic Fibre Rope Market Growth 2019-2024. It is complete Research Study and Industry Analysis of Synthetic Fibre Rope market, to understand, Market Demand, Growth, trends analysis and Factor Influencing market.