Global Synthetic Fibre Rope Market Growth 2023-2029

Global Synthetic Fibre Rope Market Growth 2023-2029

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 Ropes were originally made by hand using natural fibers.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.

LPI (LP Information)' newest research report, the “Synthetic Fibre Rope Industry Forecast” looks at past sales and reviews total world Synthetic Fibre Rope sales in 2022, providing a comprehensive analysis by region and market sector of projected Synthetic Fibre Rope sales for 2023 through 2029. With Synthetic Fibre Rope sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Synthetic Fibre Rope industry.

This Insight Report provides a comprehensive analysis of the global Synthetic Fibre Rope landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Synthetic Fibre Rope portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Synthetic Fibre Rope market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Synthetic Fibre Rope and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Synthetic Fibre Rope.

The global Synthetic Fibre Rope market size is projected to grow from US$ 1372.2 million in 2022 to US$ 1773.7 million in 2029; it is expected to grow at a CAGR of 1773.7 from 2023 to 2029.

Global Synthetic Fibre Rope key players include Wireco World Group, Samson Rope Technologies, Garware-Wall Ropes Ltd., Bridon International Ltd, etc. Global top four manufacturers hold a share over 35%. Europe is the largest market, with a share over 30%.

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.

Market Segmentation:

Segmentation by type
Polypropylene
Polyester
Polyamide Fiber
Polyethylene

Segmentation by application
Marine & Fishing
Sports and Leisure
Oil & Gas
Construction
Cranes
Others

This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
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

Key Questions Addressed in this Report

What is the 10-year outlook for the global Synthetic Fibre Rope market?

What factors are driving Synthetic Fibre Rope market growth, globally and by region?

Which technologies are poised for the fastest growth by market and region?

How do Synthetic Fibre Rope market opportunities vary by end market size?

How does Synthetic Fibre Rope break out type, application?

What are the influences of COVID-19 and Russia-Ukraine war?

Please note: The report will take approximately 2 business days to prepare and deliver.