Global Synthetic Ropes Market to Reach $2.2 Billion by 2030
The global market for Synthetic Ropes estimated at US$1.4 Billion in the year 2022, is projected to reach a revised size of US$2.2 Billion by 2030, growing at a CAGR of 5.8% over the analysis period 2022-2030. Polypropylene, one of the segments analyzed in the report, is projected to record 6.9% CAGR and reach US$720.5 Million by the end of the analysis period. Taking into account the ongoing post pandemic recovery, growth in the Specialty Fibers segment is readjusted to a revised 5.5% CAGR for the next 8-year period.The U.S. Market is Estimated at $371 Million, While China is Forecast to Grow at 9.6% CAGR
The Synthetic Ropes market in the U.S. is estimated at US$371 Million in the year 2022. China, the world's second largest economy, is forecast to reach a projected market size of US$498.8 Million by the year 2030 trailing a CAGR of 9.6% over the analysis period 2022 to 2030. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 3.1% and 4.8% respectively over the 2022-2030 period. Within Europe, Germany is forecast to grow at approximately 4% CAGR.Select Competitors (Total 44 Featured) -
- Bridon International Ltd.
- Cortland Limited
- English Braids Ltd.
- Lanex A.S.
- Marlow Ropes Ltd.
- Samson Rope Technologies, Inc,
- Southern Ropes
- Teufelberger Holding AG
- Wireco WorldGroup
- Yale Cordage Inc.
What's New?
- Special coverage on Russia-Ukraine war; global inflation; easing of zero-Covid policy in China and its `bumpy` reopening; supply chain disruptions, global trade tensions; and risk of recession.
- Global competitiveness and key competitor percentage market shares
- Market presence across multiple geographies - Strong/Active/Niche/Trivial
- Online interactive peer-to-peer collaborative bespoke updates
- Access to digital archives and Research Platform
- Complimentary updates for one year
Table of Contents
I. METHODOLOGYII. EXECUTIVE SUMMARY2. FOCUS ON SELECT PLAYERS3. MARKET TRENDS & DRIVERSIV. COMPETITION
1. MARKET OVERVIEW
4. GLOBAL MARKET PERSPECTIVE
III. MARKET ANALYSIS
Companies Mentioned (Partial List)
A selection of companies mentioned in this report includes, but is not limited to:
- Bridon International Ltd.
- Cortland Limited
- English Braids Ltd.
- Lanex A.S.
- Marlow Ropes Ltd.
- Samson Rope Technologies, Inc
- Southern Ropes
- Teufelberger Holding AG
- Wireco WorldGroup
- Yale Cordage Inc.
Table Information
Report Attribute | Details |
---|---|
No. of Pages | 274 |
Published | April 2024 |
Forecast Period | 2022 - 2030 |
Estimated Market Value ( USD | $ 1.4 Billion |
Forecasted Market Value ( USD | $ 2.2 Billion |
Compound Annual Growth Rate | 5.8% |
Regions Covered | Global |