Global Synthetic Fibre Rope Sales Market Report 2021

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 Ropes were originally made by hand using natural fibers.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.
Global market for Synthetic Fibre Rope is growing slowly in the past few years due to the continued impact of reduced customer spending on upstream offshore oil & gas related demand (exploration, drilling and commissioning activities) and competitive pricing pressures. Despite of this, the Synthetic Fibre Rope is rapidly replacing steel ropes due to superior characteristics, and has a huge demand in the emerging markets in Asia-Pacific region.

Market Analysis and Insights: Global Synthetic Fibre Rope Market
The global Synthetic Fibre Rope market was valued at US$ 1402.7 in 2020 and will reach US$ 1734.3 million by the end of 2027, growing at a CAGR of 3.6% during 2022-2027.

Global Synthetic Fibre Rope Scope and Market Size
The global Synthetic Fibre Rope market is segmented by company, region (country), by Type, and by Application. Players, stakeholders, and other participants in the global Synthetic Fibre Rope market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on sales, revenue and forecast by region (country), by Type and by Application for the period 2016-2027.

Segment by Type
Polypropylene
Polyester
Polyamide Fiber
Polyethylene
Others

Segment by Application
Marine & Fishing
Sports and Leisure
Oil & Gas
Construction
Cranes
Others

The Synthetic Fibre Rope market is analysed and market size information is provided by regions (countries). Segment by Application, the Synthetic Fibre Rope market is segmented into North America, Europe, China, Japan, Southeast Asia, India and Other Regions.

By Company
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

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