Global Synthetic Rope Market Growth 2023-2029

Global Synthetic Rope Market Growth 2023-2029

Synthetic Rope are ropes made from natural and synthetic fibers. Compared to steel wire rope, synthetic rope by its very nature is limited to light load lifting applications and for strapping and tethering, as in a tag line.

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

This Insight Report provides a comprehensive analysis of the global Synthetic 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 Rope portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Synthetic Rope market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Synthetic 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 Rope.

The global Synthetic Rope market size is projected to grow from US$ 1344.4 million in 2022 to US$ 1737.8 million in 2029; it is expected to grow at a CAGR of 1737.8 from 2023 to 2029.

Europe is the largest market with about 32% market share, North America is follower with about 25% market share.

The key players are Wireco World Group, Samson Rope Technologies, Garware-Wall Ropes Ltd., Bridon International Ltd, Teufelberger Holding AG, Marlow Ropes Ltd., Yale Cordage Inc, Katradis, Cortland Limited, Southern Ropes, Lanex A.S, GRPP, English Braids Ltd, Taizhou Hongda, Juli Sling, Jiangsu Shenyun etc. The top 5 companies account for about 41% of revenue market share.

This report presents a comprehensive overview, market shares, and growth opportunities of Synthetic Rope market by product type, application, key manufacturers and key regions and countries.

Market Segmentation:

Segmentation by type
Polypropylene Rope
Polyester Rope
Nylon Rope
Polyethylene Rope
Specialty Fibers Rope

Segmentation by application
Marine and Fishing
Sports and Leisure
Oil and Gas
Construction
Cranes
Arboriculture
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
Katradis
Cortland Limited
Southern Ropes
Lanex A.S
GRPP
English Braids Ltd
Taizhou Hongda
Juli Sling
Jiangsu Shenyun

Key Questions Addressed in this Report

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

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

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

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

How does Synthetic 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.