Global UHMWPE Rope Market Growth 2023-2029

Global UHMWPE Rope Market Growth 2023-2029

UHMWPE is comprised of extremely long molecules (chains) of polyethylene oriented in the same direction, which results in large areas of overlap between the molecules. This overlap greatly increases the bond between the molecules and thereby, the strength of the fibre is greatly increased. When rope is manufactured using this fibre, extremely high strengths can be achieved.Dyneema® is the premium brand for Ultra-High Molecular Weight Polyethylene fibre.

UHMWPE (Ultra High Molecular Weight PolyEthylene), also known as HMPE (High Modulus PolyEthylene) or HPPE (High Performance PolyEthylene), is a polyolefin resin of very high molecular weight (mass) usually between 2 and 6 million g/mol with extremely long chains produced by gel spinning (wet or dry methods). The longer chain serves to transfer load more effectively to the polymer backbone by strengthening intermolecular interactions. This results in a very tough material, with the highest impact strength of any thermoplastic presently made.

UHMWPE is odorless, tasteless, and nontoxic. It is highly resistant to corrosive chemicals except oxidizing acids, has extremely low moisture absorption (Hydrophobic), very low coefficient of friction, self-lubricating and highly resistant to abrasion, in some forms being 15 times more resistant to abrasion than carbon steel. Its coefficient of friction is significantly lower than that of nylon and acetal, and is comparable to that of polytetrafluoroethylene (PTFE, Teflon), but UHMWPE has better abrasion resistance than PTFE. UHMWPE material floats in water thus gaining another advantage over many other materials such as Polyester, Nylon, Aramids and LCP.

UHMWPE ropes are increasingly replacing steel and conventional fibers in the shipping and offshore businesses of oil & gas, aquaculture, wind mills and cables and lately, experimentally, in ships’ cranes. These high performance ropes are stronger than steel and ~1/8 of the weight of comparable steel wires.

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

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

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

The global UHMWPE Rope market size is projected to grow from US$ 173.5 million in 2022 to US$ 277.7 million in 2029; it is expected to grow at a CAGR of 277.7 from 2023 to 2029.

Global UHMWPE rope main players are Lankhorst(WireCo), Samson, Bridon, etc. Global top 5 manufacturers hold a share about 44%. Asia-Pacific is the largest market, with a share over 38%.In terms of product, 12 strand is the largest segment, with a share over 48%. And in terms of application, the largest application is aviation and military.

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

Market Segmentation:

Segmentation by type
3 Strand
8 Strand
12 Strand
Others

Segmentation by application
Aviation and Military
Marine Industry
Industry and Safety Protection
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.
Lankhorst(WireCo)
Samson
Bridon
English Braids
Marlow Ropes
Katradis
TEUFELBERGER
Cortland Company
Southern Ropes
TAIZHOU HONGDA ROPE&NET CO.,LTD.
Jiangsu Shenyun String & Belt Co.,Ltd.
BEJING TONGYIZHONG NEW MATERIAL TECHNOLOGY CORPORATION
ROPE TECHNOLOGY
HUNAN ZHONGTAI SPECIAL EQUIPMENT CO,LTD
J&L
SOVETL Special Rope & Webbing Co., Ltd

Key Questions Addressed in this Report

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

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

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

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

How does UHMWPE 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.