Rope Market by Type of Lay (Regular Lay, Lang Lay), Material Type (PP, PET, Nylon, HMPE, Specialty fibers), Application (Marine & Fishing, Sports & Leisure, Oil & Gas, Industrial & Crane), and Region (North America, Europe, Asia-Pacific, Middle East and Africa and South America)
The Rope market size is projected to reach a CAGR of 8.1% from 2022 to 2028.
Rope is a cord of variable length which is made by the twisting and curling of different materials like hemp, plastic or nylon. It can also be made up by using various metals like brass, copper and silver also steel wires are also very commonly used and manufactured where the material is to be held very firmly or is very heavy.
The surged demand of steel and plastic rope for industrial and the marine purposes are some of the factors that have supported long-term expansion for Rope Market.
COVID-19 had a negative effect on the market, as there was a significant reduction in the demand from the end user segment.
APAC is the most rapidly growing market and offers a huge opportunity for the industry, whose growth is driven by the increased demand from the industrial, crane, mining and construction centres in the region.
Insights are provided for each region and major countries within the regions
Report Feature |
Descriptions |
---|---|
Growth Rate |
CAGR of 8.1% during the forecasting period, 2022-2028 |
Historical Data |
2019-2020 |
Forecast Years |
2022-2028 |
Base Year |
2021 |
Units Considered |
Revenue in USD billion and CAGR from 2022 to 2028 |
Report Segmentation |
steel wire rope & plastic rope market based on type, resin type, end-use application and region. |
Report Attribute |
Market Revenue Sizing (Global, Regional and Country Level) Company Share Analysis, Market Dynamics, Company Profiling |
Regional Level Scope |
North America, Europe, Asia-Pacific, South America, and Middle East and Africa |
Country Level Scope |
U.S., Japan, Germany, U.K., China, India, Brazil, UAE, South Africa (50+ Countries Across the Globe) |
Companies Profiled |
Cortland Limited ,WireCo WorldGroup Inc. ,Samson Rope Technologies ,Southern Ropes ,English Braids Ltd. ,Marlow Ropes ,Teufelberger Holding AG ,Bekaert SA ,Usha Martin ,Gustav Wolf |
Available Customization |
In addition to the market data for Rope Market, Delvens offers client-centric report and customized according to the company’s specific demand and requirement. |
Rope Market is segmented into steel wire rope & plastic rope market based on type, resin type, end-use application and region.