A Synthetic Ropes Market Report, by Material Type (Polyethylene, Polypropylene, Polyester, Nylon, UHMWPE

Synthetic Ropes Market Report, by Material Type (Polyethylene, Polypropylene, Polyester, Nylon, UHMWPE, Aramids, and Specialty Fibers), by End Use Industry (Oil & Gas, Transportation & Logistics, Mining, Construction, Marine, Defense, and Others (Sports and Others)), and by Region (North America, Latin America, Asia Pacific, Europe, and Middle East & Africa) - Size, Share, Outlook, and Opportunity Analysis, 2022 - 2028

Synthetic fibers are man-made fibers, which includes nylon, polyester, polypropylene, or high performance fibers such as high modulus polyethylene (HMPE) and are used in the manufacture of synthetic ropes to suit different applications in end-use industries such as oil & gas, mining, construction, fishing, and are also used as mooring ropes in ocean liners. End users prefer synthetic ropes over wired ropes, owing to the benefits offered by synthetic ropes such as superior flexibility, high strength, and light weight.
Market Dynamics
Demand for synthetic ropes from end-use industries such as oil & gas and marine across the globe is expected to fuel growth of global synthetic ropes market over the forecast period, owing to the properties they offer such as high strength, heat & wear resistance, and better grip while handling. In the oil & gas industry, it is used in anchor lines, drilling lines, tubing lines and marine riser tensioner lines. Increasing oil & gas exploration activities across the globe is expected to drive growth of the synthetic ropes market over the forecast period. For instance, according to the International Energy Agency, in 2016, the global oil demand was pegged at 96.3 mb/d (million barrels per day), which increased to 97.8 mb/d by the end of 2017. Therefore, growing demand from oil & gas industry is expected to facilitate production of synthetic ropes, and expected to drive growth of the global synthetic ropes market over the forecast period.
Moreover, Europe held a significant market share in the global synthetic ropes market in 2021, owing to growth of transportation and logistics industry in the region. For instance, according to the data released by Federal Ministry of Transport and Digital Infrastructure of Germany in November 2016, turnover of logistics sector is about US$ 288.20 billion annually, which makes logistics a third largest sector in Germany. According to the same source, about 4.3 billion tons of goods are transported from Germany through roads, railways, and waterways every year.
Key features of the study:
This report provides in-depth analysis of global synthetic ropes market and provides market size (US$ million & tons) and compound annual growth rate (CAGR %) for the forecast period (2022-2028), considering 2021 as the base year
It elucidates potential revenue opportunities across different segments and explains attractive investment proposition matrices for this market
This study also provides key insights about market drivers, restraints, opportunities, new product launches or product approvals, regional outlook, and competitive strategy adopted by the leading players
It profiles leading players in the global synthetic ropes market based on the following parameters – company overview, financial performance, product portfolio, geographical presence, distribution strategies, key developments and strategies, and future plans
Key companies covered as a part of this study includes, Lanex AS, Samson Rope Technologies Inc., Teufelberger Holding AG, Unirope Ltd., WireCo WorldGroup Inc., Touwfabriek Langman BV, Dong Yang Rope Mfg. Co., Ltd., Cortland Limited, and Bexco NV-SA
Insights from this report would allow marketers and the management authorities of the companies to make informed decision regarding their future products launches, technology up-gradation, market expansion, and marketing tactics
The global synthetic ropes market report caters to various stakeholders in this industry including investors, suppliers, synthetic ropes manufacturers, distributors, new entrants, and financial analysts
Stakeholders would have ease in decision-making through the various strategy matrices used in analyzing the global synthetic ropes market
Detailed Segmentation:
Global Synthetic Ropes Market, By Material Type:
Polyethylene
Polypropylene
Polyester
Nylon
UHMWPE
Aramids
Specialty Fibers
Global Synthetic Ropes Market, By End Use Industry:
Oil & Gas
Transportation & Logistics
Mining
Construction
Marine
Defense
Others (Sports and Others)
Global Synthetic Ropes Market, By Region:
North America
U.S.
By Material Type:
Polyethylene
Polypropylene
Polyester
Nylon
UHMWPE
Aramids
Specialty Fibers
By End Use Industry:
Oil & Gas
Transportation & Logistics
Mining
Construction
Marine
Defense
Others (Sports and Others)
Canada
By Material Type:
Polyethylene
Polypropylene
Polyester
Nylon
UHMWPE
Aramids
Specialty Fibers
By End Use Industry:
Oil & Gas
Transportation & Logistics
Mining
Construction
Marine
Defense
Others (Sports and Others)
Europe
U.K.
By Material Type:
Polyethylene
Polypropylene
Polyester
Nylon
UHMWPE
Aramids
Specialty Fibers
By End Use Industry:
Oil & Gas
Transportation & Logistics
Mining
Construction
Marine
Defense
Others (Sports and Others)
Germany
By Material Type:
Polyethylene
Polypropylene
Polyester
Nylon
UHMWPE
Aramids
Specialty Fibers
By End Use Industry:
Oil & Gas
Transportation & Logistics
Mining
Construction
Marine
Defense
Others (Sports and Others)
Italy
By Material Type:
Polyethylene
Polypropylene
Polyester
Nylon
UHMWPE
Aramids
Specialty Fibers
By End Use Industry:
Oil & Gas
Transportation & Logistics
Mining
Construction
Marine
Defense
Others (Sports and Others)
France
By Material Type:
Polyethylene
Polypropylene
Polyester
Nylon
UHMWPE
Aramids
Specialty Fibers
By End Use Industry:
Oil & Gas
Transportation & Logistics
Mining
Construction
Marine
Defense
Others (Sports and Others)
Russia
By Material Type:
Polyethylene
Polypropylene
Polyester
Nylon
UHMWPE
Aramids
Specialty Fibers
By End Use Industry:
Oil & Gas
Transportation & Logistics
Mining
Construction
Marine
Defense
Others (Sports and Others)
Rest of Europe
By Material Type:
Polyethylene
Polypropylene
Polyester
Nylon
UHMWPE
Aramids
Specialty Fibers
By End Use Industry:
Oil & Gas
Transportation & Logistics
Mining
Construction
Marine
Defense
Others (Sports and Others)
Asia Pacific
China
By Material Type:
Polyethylene
Polypropylene
Polyester
Nylon
UHMWPE
Aramids
Specialty Fibers
By End Use Industry:
Oil & Gas
Transportation & Logistics
Mining
Construction
Marine
Defense
Others (Sports and Others)
India
By Material Type:
Polyethylene
Polypropylene
Polyester
Nylon
UHMWPE
Aramids
Specialty Fibers
By End Use Industry:
Oil & Gas
Transportation & Logistics
Mining
Construction
Marine
Defense
Others (Sports and Others)
Japan
By Material Type:
Polyethylene
Polypropylene
Polyester
Nylon
UHMWPE
Aramids
Specialty Fibers
By End Use Industry:
Oil & Gas
Transportation & Logistics
Mining
Construction
Marine
Defense
Others (Sports and Others)
ASEAN
By Material Type:
Polyethylene
Polypropylene
Polyester
Nylon
UHMWPE
Aramids
Specialty Fibers
By End Use Industry:
Oil & Gas
Transportation & Logistics
Mining
Construction
Marine
Defense
Others (Sports and Others)
Australia
By Material Type:
Polyethylene
Polypropylene
Polyester
Nylon
UHMWPE
Aramids
Specialty Fibers
By End Use Industry:
Oil & Gas
Transportation & Logistics
Mining
Construction
Marine
Defense
Others (Sports and Others)
South Korea
By Material Type:
Polyethylene
Polypropylene
Polyester
Nylon
UHMWPE
Aramids
Specialty Fibers
By End Use Industry:
Oil & Gas
Transportation & Logistics
Mining
Construction
Marine
Defense
Others (Sports and Others)
Rest of Asia Pacific
By Material Type:
Polyethylene
Polypropylene
Polyester
Nylon
UHMWPE
Aramids
Specialty Fibers
By End Use Industry:
Oil & Gas
Transportation & Logistics
Mining
Construction
Marine
Defense
Others (Sports and Others)
Latin America
Brazil
By Material Type:
Polyethylene
Polypropylene
Polyester
Nylon
UHMWPE
Aramids
Specialty Fibers
By End Use Industry:
Oil & Gas
Transportation & Logistics
Mining
Construction
Marine
Defense
Others (Sports and Others)
Mexico
By Material Type:
Polyethylene
Polypropylene
Polyester
Nylon
UHMWPE
Aramids
Specialty Fibers
By End Use Industry:
Oil & Gas
Transportation & Logistics
Mining
Construction
Marine
Defense
Others (Sports and Others)
Rest of Latin America
By Material Type:
Polyethylene
Polypropylene
Polyester
Nylon
UHMWPE
Aramids
Specialty Fibers
By End Use Industry:
Oil & Gas
Transportation & Logistics
Mining
Construction
Marine
Defense
Others (Sports and Others)
Middle East & Africa
Middle East
By Material Type:
Polyethylene
Polypropylene
Polyester
Nylon
UHMWPE
Aramids
Specialty Fibers
By End Use Industry:
Oil & Gas
Transportation & Logistics
Mining
Construction
Marine
Defense
Others (Sports and Others)
Africa
By Material Type:
Polyethylene
Polypropylene
Polyester
Nylon
UHMWPE
Aramids
Specialty Fibers
By End Use Industry:
Oil & Gas
Transportation & Logistics
Mining
Construction
Marine
Defense
Others (Sports and Others)
Company Profiles
Lanex AS *
Company Overview
Product Portfolio
Financial Performance
Key Strategies
Recent Developments
Future Plans
Samson Rope Technologies Inc.
Teufelberger Holding AG
Unirope Ltd.
WireCo WorldGroup Inc.
Touwfabriek Langman BV
Dong Yang Rope Mfg. Co., Ltd.
Cortland Limited
Yale Cordage Inc.
Bexco NV-SA
“*” marked represents similar segmentation in other categories in the respective section.