Ultra High Molecular Weight Polyethylene (UHMWPE) Rope Market, By Product Type (3 Strands, 8 Strands, 12 Strands), By Application (Oil & Gas, Construction, Marine, Military & Aviation, Mining, Others), By Region (North America, Latin America, Europe, Middle East & Africa, and Asia Pacific)- Size, Share, Outlook, and Opportunity Analysis, 2023 - 2030
Ultra high molecular weight polyethylene ropes provide high level of security and protection for the mooring of tanker vessels. UHMWPE ropes are smaller in volume, which makes them suitable for storage and handling. This rope does not allow chemical interaction and attack in marine and industrial applications, aquaculture, and commercial fishing, and it can be the ideal substitute for wire and steel in mooring lines of tanker vessels. Moreover, UHMWPE ropes have anti-microbial and moisture-resistant properties, which make them suitable for use in cables, sails, and rigging in yachting and lifting slings.
Key players in the market are adopting various business strategies such as new product development, in order to expand their product portfolio and strengthen their market presence at the global level.
Market Dynamics
Among product type, the 8 strands segment is expected to be the fastest growing in the market over the forecast period, as it is used in various applications such as military & aviation, mining, and others. Rising demand for UHMWPE ropes from the mining industry is expected to boost the 8 strands segment growth in the Ultra high molecular weight polyethylene ropes market during the forecast period.
Among application, the oil & gas segment is expected to account for the largest market share over the forecast period, owing to increasing oil & gas production across the globe. According to U.S. energy information administration on March 7, 2023. U.S. crude oil production in our forecast averages 11.7 million b/d in 2022 and 12.4 million b/d in 2023, which would surpass the record high set in 2019. U.S. retail gasoline prices in our forecast average $3.80 per gallon (gal) in 4Q22 and $3.57/gal in 2023. Retail diesel prices average $4.86/gal in 4Q22 and $4.29/gal in 2023.
Asia Pacific is expected to be the fastest-growing region in the market over the forecast period. Rapid growth in the aviation industry is expected to drive the growth of the ultra-high molecular weight polyethylene rope market in emerging economies such as India and China. For instance, according to India Brand Equity Foundation (IBEF), the Indian airline travel market was estimated at ~US$ 20 billion and is projected to double in size by FY27 due to improving airport infrastructure and growing access to passports. The Indian hotel market including domestic, inbound, and outbound was estimated at ~US$ 32 billion in FY20 and is expected to reach ~US$ 52 billion by FY27, driven by the surging demand from travelers and sustained efforts of travel agents to boost the market growth.
Key features of the study:
This report provides an in-depth analysis of the global ultra high molecular weight polyethylene (UHMWPE) rope market and provides market size (US$ Mn) and compound annual growth rate (CAGR%) for the forecast period (2023–2030), considering 2022 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 approval, regional outlook, and competitive strategies adopted by key players
It profiles key players in the global ultra high molecular weight polyethylene (UHMWPE) rope 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 include Marlow Ropes Ltd., Yangzhou Hyropes Co., Ltd., Taizhou Hongda Rope&Net Co., Ltd., Katradis Marine Ropes Ind. S.A., Samson Rope Technologies, Inc., Southern Ropes, Dynamica Ropes ApS, Cortland Limited, Teufelberger Holding AG, and Yale Cordage Inc.
Insights from this report would allow marketers and management authorities of the companies to make informed decisions regarding their future product launches, technology up-gradation, market expansion, and marketing tactics
The global ultra high molecular weight polyethylene (UHMWPE) rope market report caters to various stakeholders in this industry including investors, suppliers, manufacturers, distributors, new entrants, and financial analysts
Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the global ultra high molecular weight polyethylene (UHMWPE) rope market
Detailed Segmentation:
Global Ultra High Molecular Weight Polyethylene (UHMWPE) Rope Market, By Product Type:
3 Strands
8 Strands
12 Strands
Global Ultra High Molecular Weight Polyethylene (UHMWPE) Rope Market, By Application:
Oil & Gas
Construction
Marine
Military & Aviation
Mining
Others
Global Ultra High Molecular Weight Polyethylene (UHMWPE) Rope Market, By Region:
North America
U.S.
Canada
Europe
U.K.
Germany
Italy
France
Russia
Rest of Europe
Asia Pacific
China
India
Japan
ASEAN
Australia
South Korea
Rest of Asia Pacific
Latin America
Brazil
Argentina
Mexico
Rest of Latin America
Middle East
GCC
Israel
Rest of Middle East
Africa
Northern Africa
Central Africa
South Africa
Company Profiles
Marlow Ropes Ltd.*
Company Overview
Product Portfolio
Financial Performance
Key Strategies
Recent Developments
Future Plans
Yangzhou Hyropes Co., Ltd.
Nestlé S.A.
Taizhou Hongda Rope&Net Co., Ltd
Katradis Marine Ropes Ind. S.A.
Samson Rope Technologies, Inc.
Southern Ropes
Dynamica Ropes ApS
Cortland Limited
Teufelberger Holding AG
Yale Cordage, Inc.
“*” marked represents similar segmentation in other categories in the respective section.
1. Research Objectives and Assumptions
Research Objectives
Assumptions
Abbreviations
2. Market Purview
Report Description
Market Definition and Scope
Executive Summary
Market Snippet, By Product type
Market Snippet, By Application
Market Snippet, By Region
Coherent Opportunity Map (COM)
3. Market Dynamics, Regulations, and Trends Analysis
Market Dynamics
Drivers
Supply Side Drivers
Demand Side Drivers
Economic Drivers
Restraints
Market Opportunities
Regulatory Scenario
Industry Trend
Mergers and Acquisitions
New Product Approvals/Launch
Promotion and Marketing Initiatives
Cost Tier Down Analysis
4. Global Ultra High Molecular Weight Polyethylene Rope Market, By Product Type, 2017-2030 (US$ Mn)
Introduction
Market Share Analysis, 2023 and 2030(%)
Y-o-Y Growth Analysis, 2017-2030
Segment Trends
3 Strands
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2017-2030, (US$ Mn)
8 Strands
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2017-2030, (US$ Mn)
12 Strands
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2017-2030, (US$ Mn)
5. Global Ultra High Molecular Weight Polyethylene Rope Market, By Application, 2017-2030 (US$ Mn)
Introduction
Market Share Analysis, 2023 and 2030(%)
Y-o-Y Growth Analysis, 2017-2030
Segment Trends
Oil & Gas
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2017-2030, (US$ Mn)
Construction
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2017-2030, (US$ Mn)
Marine
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2017-2030, (US$ Mn)
Military & Aviation
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2017-2030, (US$ Mn)
Mining
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2017-2030, (US$ Mn)
Others
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2017-2030, (US$ Mn)
6. Global Ultra High Molecular Weight Polyethylene Rope Market, By Region, 2017-2030 (US$ Mn)
Introduction
Market Share Analysis, By Region, 2023 and 2030 (%)
Y-o-Y Growth Analysis, For Region, 2017 - 2030
North America
Market Share Analysis, By Country, 2023 and 2030(%)
Y-o-Y Growth Analysis, By Country, 2017-2030
U.S.
Country Trends
Market Size and Forecast, By Product Type, 2017-2030 (US$ Mn)
Market Size and Forecast, By Application, 2017-2030 (US$ Mn)
Canada
Country Trends
Market Size and Forecast, By Product Type, 2017-2030 (US$ Mn)
Market Size and Forecast, By Application, 2017-2030 (US$ Mn)
Europe
Market Share Analysis, By Country, 2023 and 2030(%)
Y-o-Y Growth Analysis, By Country, 2017-2030
U.K.
Country Trends
Market Size and Forecast, By Product Type, 2017-2030 (US$ Mn)
Market Size and Forecast, By Application, 2017-2030 (US$ Mn)
Germany
Country Trends
Market Size and Forecast, By Product Type, 2017-2030 (US$ Mn)
Market Size and Forecast, By Application, 2017-2030 (US$ Mn)
Italy
Country Trends
Market Size and Forecast, By Product Type, 2017-2030 (US$ Mn)
Market Size and Forecast, By Application, 2017-2030 (US$ Mn)
Spain
Country Trends
Market Size and Forecast, By Product Type, 2017-2030 (US$ Mn)
Market Size and Forecast, By Application, 2017-2030 (US$ Mn)
France
Country Trends
Market Size and Forecast, By Product Type, 2017-2030 (US$ Mn)
Market Size and Forecast, By Application, 2017-2030 (US$ Mn)
Russia
Country Trends
Market Size and Forecast, By Product Type, 2017-2030 (US$ Mn)
Market Size and Forecast, By Application, 2017-2030 (US$ Mn)
Rest of Europe
Country Trends
Market Size and Forecast, By Product Type, 2017-2030 (US$ Mn)
Market Size and Forecast, By Application, 2017-2030 (US$ Mn)
Asia Pacific
Market Share Analysis, By Country, 2023 and 2030(%)
Y-o-Y Growth Analysis, By Country, 2017-2030
China
Country Trends
Market Size and Forecast, By Product Type, 2017-2030 (US$ Mn)
Market Size and Forecast, By Application, 2017-2030 (US$ Mn)
India
Country Trends
Market Size and Forecast, By Product Type, 2017-2030 (US$ Mn)
Market Size and Forecast, By Application, 2017-2030 (US$ Mn)
Japan
Country Trends
Market Size and Forecast, By Product Type, 2017-2030 (US$ Mn)
Market Size and Forecast, By Application, 2017-2030 (US$ Mn)
ASEAN
Country Trends
Market Size and Forecast, By Product Type, 2017-2030 (US$ Mn)
Market Size and Forecast, By Application, 2017-2030 (US$ Mn)
South Korea
Country Trends
Market Size and Forecast, By Product Type, 2017-2030 (US$ Mn)
Market Size and Forecast, By Application, 2017-2030 (US$ Mn)
Rest of Asia Pacific
Country Trends
Market Size and Forecast, By Product Type, 2017-2030 (US$ Mn)
Market Size and Forecast, By Application, 2017-2030 (US$ Mn)
Latin America
Market Share Analysis, By Country, 2023 and 2030(%)
Y-o-Y Growth Analysis, By Country, 2017-2030
Brazil
Country Trends
Market Size and Forecast, By Product Type, 2017-2030 (US$ Mn)
Market Size and Forecast, By Application, 2017-2030 (US$ Mn)
Argentina
Country Trends
Market Size and Forecast, By Product Type, 2017-2030 (US$ Mn)
Market Size and Forecast, By Application, 2017-2030 (US$ Mn)
Mexico
Country Trends
Market Size and Forecast, By Product Type, 2017-2030 (US$ Mn)
Market Size and Forecast, By Application, 2017-2030 (US$ Mn)
Rest of Latin America
Country Trends
Market Size and Forecast, By Product Type, 2017-2030 (US$ Mn)
Market Size and Forecast, By Application, 2017-2030 (US$ Mn)
Middle East
Market Share Analysis, By Country, 2023 and 2030(%)
Y-o-Y Growth Analysis, By Country, 2017-2030
GCC
Country Trends
Market Size and Forecast, By Product Type, 2017-2030 (US$ Mn)
Market Size and Forecast, By Application, 2017-2030 (US$ Mn)
Israel
Country Trends
Market Size and Forecast, By Product Type, 2017-2030 (US$ Mn)
Market Size and Forecast, By Application, 2017-2030 (US$ Mn)
Rest of Middle East
Country Trends
Market Size and Forecast, By Product Type, 2017-2030 (US$ Mn)
Market Size and Forecast, By Application, 2017-2030 (US$ Mn)
Africa
Market Share Analysis, By Country/Region, 2023 and 2030(%)
Y-o-Y Growth Analysis, By Country/Region, 2017-2030
North Africa
Country Trends
Market Size and Forecast, By Product Type, 2017-2030 (US$ Mn)
Market Size and Forecast, By Application, 2017-2030 (US$ Mn)
Central Africa
Country Trends
Market Size and Forecast, By Product Type, 2017-2030 (US$ Mn)
Market Size and Forecast, By Application, 2017-2030 (US$ Mn)
South Africa
Country Trends
Market Size and Forecast, By Product Type, 2017-2030 (US$ Mn)
Market Size and Forecast, By Application, 2017-2030 (US$ Mn)
7. Competitive Landscape
Heat Map Analysis
Market Share Analysis (3x3 Matrix)
Company Profiles
Marlow Ropes Ltd
Company Overview
Product Portfolio
Financial Performance
Recent Developments/Updates
Future Plans
Yangzhou Hyropes Co., Ltd
Company Overview
Product Portfolio
Financial Performance
Recent Developments/Updates
Future Plans
Taizhou Hongda Rope&Net Co., Ltd
Company Overview
Product Portfolio
Financial Performance
Recent Developments/Updates
Future Plans
Katradis Marine Ropes Ind. S.A.
Company Overview
Product Portfolio
Financial Performance
Recent Developments/Updates
Future Plans
Samson Rope Technologies, Inc
Company Overview
Product Portfolio
Financial Performance
Recent Developments/Updates
Future Plans
Southern Ropes
Company Overview
Product Portfolio
Financial Performance
Recent Developments/Updates
Future Plans
Dynamica Ropes ApS
Company Overview
Product Portfolio
Financial Performance
Recent Developments/Updates
Future Plans
Cortland Limited
Company Overview
Product Portfolio
Financial Performance
Recent Developments/Updates
Future Plans
Teufelberger Holding AG
Company Overview
Product Portfolio
Financial Performance
Recent Developments/Updates
Future Plans
Yale Cordage, Inc.
Company Overview
Product Portfolio
Financial Performance
Recent Developments/Updates
Future Plans
8. Section
References
Research Methodology
About us and Sales Contact
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