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The steel wire rope & plastic rope market is projected to grow from USD 11.3 billion in 2019 to USD 14.5 billion by 2024, at a CAGR of 5.0% between 2019 and 2024. The steel wire rope & plastic rope industry is growing due to its increasing demand from marine & fishing, industrial & crane, and mining industries. Steel wire rope & plastic ropes are lightweight and have excellent strength, low specific gravity, superior modulus of elasticity, high corrosion resistance, and high moldability. These ropes offer excellent impact resistance, flexibility, high strength, abrasion resistance, and corrosion resistance due to which they are preferred in these industries.
The global Steel Wire Rope & Plastic Rope market was valued at US$ 9457.5 million in 2019 and is expected to reach US$ 11530 million by the end of 2026, growing at a CAGR of 2.8% during 2021-2026.
This report focuses on Steel Wire Rope & Plastic Rope volume and value at the global level, regional level and company level. From a global perspective, this report represents overall Steel Wire Rope & Plastic Rope market size by analysing historical data and future prospect. Regionally, this report focuses on several key regions: North America, Europe, Asia-Pacific, Latin America and Middle East & Africa.
Global Steel Wire Rope & Plastic Rope Market: Segment Analysis
The research report includes specific segments by region (country), by company, by Type and by Application. This study provides information about the sales and revenue during the historic and forecasted period of 2016 to 2027. Understanding the segments helps in identifying the importance of different factors that aid the market growth.
Segment by Type
Polypropylene
Polyester
Nylon
HMPE
Specialty Fibers
Steel
Segment by Application
Marine & Fishing
Sports & Leisure
Oil & Gas
Industrial
Mining
Construction
Others
By Region
North America
U.S.
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
India
Australia
Taiwan
Indonesia
Thailand
Malaysia
Philippines
Vietnam
Latin America
Mexico
Brazil
Argentina
Middle East & Africa
Turkey
Saudi Arabia
U.A.E
By Company
Teijin Limited (Japan)
Formosa Plastics Corporation (Taiwan)
Solvay (Belgium)
Toray Industries Inc. (Japan)
SGL Group (Germany)
Hexcel Corporation (US)
Mitsubishi Rayon Co. Ltd. (Japan)
Jiangsu Hengshen Co. Ltd. (China)
Hyosung (South Korea)
DowAksa (Turkey)
The global Steel Wire Rope & Plastic Rope market was valued at US$ 9457.5 million in 2019 and is expected to reach US$ 11530 million by the end of 2026, growing at a CAGR of 2.8% during 2021-2026.
This report focuses on Steel Wire Rope & Plastic Rope volume and value at the global level, regional level and company level. From a global perspective, this report represents overall Steel Wire Rope & Plastic Rope market size by analysing historical data and future prospect. Regionally, this report focuses on several key regions: North America, Europe, Asia-Pacific, Latin America and Middle East & Africa.
Global Steel Wire Rope & Plastic Rope Market: Segment Analysis
The research report includes specific segments by region (country), by company, by Type and by Application. This study provides information about the sales and revenue during the historic and forecasted period of 2016 to 2027. Understanding the segments helps in identifying the importance of different factors that aid the market growth.
Segment by Type
Polypropylene
Polyester
Nylon
HMPE
Specialty Fibers
Steel
Segment by Application
Marine & Fishing
Sports & Leisure
Oil & Gas
Industrial
Mining
Construction
Others
By Region
North America
U.S.
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
India
Australia
Taiwan
Indonesia
Thailand
Malaysia
Philippines
Vietnam
Latin America
Mexico
Brazil
Argentina
Middle East & Africa
Turkey
Saudi Arabia
U.A.E
By Company
Teijin Limited (Japan)
Formosa Plastics Corporation (Taiwan)
Solvay (Belgium)
Toray Industries Inc. (Japan)
SGL Group (Germany)
Hexcel Corporation (US)
Mitsubishi Rayon Co. Ltd. (Japan)
Jiangsu Hengshen Co. Ltd. (China)
Hyosung (South Korea)
DowAksa (Turkey)
Frequently Asked Questions
This market study covers the global and regional market with an in-depth analysis of the overall growth prospects in the market. Furthermore, it sheds light on the comprehensive competitive landscape of the global market. The report further offers a dashboard overview of leading companies encompassing their successful marketing strategies, market contribution, recent developments in both historic and present contexts.
- By product type
- By End User/Applications
- By Technology
- By Region
The report provides a detailed evaluation of the market by highlighting information on different aspects which include drivers, restraints, opportunities, and threats. This information can help stakeholders to make appropriate decisions before investing.
