Synthetic Ropes Market, by Material Type, by End-Use industry (Oil & Gas, Transportation & Logistics, Mining, Construction, Marine, Defense, and Others ), and by Region - Size, Share, Outlook, and Opportunity Analysis, 2022

Description

Synthetic fibers are man-made fibers, which include nylon, polyester, polypropylene, or high-performance fibers such as high modulus polyethylene (HMPE). They are used in the manufacturing of synthetic ropes to suit different applications in end-use industries such as oil & gas, mining, and construction, as well as in fishing. They are also used as mooring ropes in ocean liners. End users prefer synthetic ropes over wired ropes, owing to the benefits offered by synthetic ropes, such as superior flexibility, high strength, and lightweight.

Market Dynamics

Increasing demand for synthetic ropes from end-use industries such as oil & gas and marine across the globe is expected to fuel the growth of the global synthetic ropes market over the forecast period. This is also attributed to the properties they offer, such as high strength, heat & wear resistance, and better grip while handling. In the oil & gas industry, synthetic ropes are used in anchor lines, drilling lines, tubing lines, and marine riser tensioner lines. Increasing oil & gas exploration activities across the globe is expected to drive the growth of the synthetic ropes market over the forecast period. For instance, according to the International Energy Agency, in 2021, the global oil demand was pegged at 5.5 mb/d (million barrels per day), which increased to 3.3 mb/d by the end of 2017. Therefore, growing the demand from oil & gas industry is expected to facilitate the production of synthetic ropes and drive the global synthetic ropes market growth over the forecast period.

Moreover, Europe held a significant market share in the global synthetic ropes market in 2021, owing to the growth of transportation and logistics industry in the region. Increasing marine and fishing business across European countries is anticipated to result in increased demand for synthetic ropes over the forecast period. Moreover, products pertaining to high tensile strength as well as longer durability have managed to replace steel wires in many forms and applications. Therefore, synthetic ropes are a prime choice in the construction, marine, and oil and gas industries.

Key features of the study:

This report provides an in-depth analysis of global synthetic rope market, market size (US$ Million), and compound annual growth rate (CAGR %) for the forecast period (2022-2030), considering 2021 as the base year
It elucidates potential revenue opportunity across different segments and explains attractive investment proposition matrix for this market
This study also provides key insights about market drivers, restraints, opportunities, new product launches or approvals, regional outlook, and competitive strategies adopted by key players
It profiles key players in the global synthetic rope market based on the following parameters - company overview, financial performance, product portfolio, geographical presence, distribution strategies, key developments and strategies, and future plans
Key companies covered as a part of this study include Lanex AS, Samson Rope Technologies Inc., Teufelberger Holding AG, Unirope Ltd., WireCo WorldGroup Inc., Touwfabriek Langman BV, Dong Yang Rope Mfg. Co., Ltd., Cortland Limited, Yale Cordage Inc., and Bexco NV-SA
Insights from this report would allow marketers and management authorities of companies to make informed decision regarding future product launches, technology up gradation, market expansion, and marketing tactics
The global synthetic rope market report caters to various stakeholders in this industry, including investors, suppliers, synthetic rope manufacturers, distributors, new entrants, and financial analysts
Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the global synthetic rope market

Detailed Segmentation:

Global Synthetic Rope Market, By Material Type:
- Polyethylene
- Polypropylene
- Polyester
- Nylon
- UHMWPE
- Aramids
- Specialty Fiber
Global Synthetic Rope Market, By End-Use Industry:
- Oil & Gas
- Transportation & Logistics
- Mining
- Construction
- Marine
- Defense
- Others (Sports and Others)
Global Synthetic Rope Market, By Region:
- North America
  - By Country:
- U.S
- Canada
- Latin America
  - By Country:
- Brazil
- Mexico
- Argentina
- Rest of Latin America
- Europe
  - By Country:
- Germany
- U.K
- France
- Italy
- Spain
- Russia
- Rest of Europe
- Asia Pacific
  - By Country:
- China
- India
- Japan
- Australia
- South Korea
- ASEAN
- Rest of Asia Pacific
- Middle East & Africa
  - By Country/Region:
- Middle East
- Africa
Company Profiles
- Lanex AS
  - Company Overview
  - Product Portfolio
  - Key Strategies
  - Recent Developments
  - Future Plans
- Samson Rope Technologies Inc.
- Teufelberger Holding AG
- Unirope Ltd.
- WireCo WorldGroup Inc.
- Touwfabriek Langman BV
- Dong Yang Rope Mfg. Co., Ltd.
- Cortland Limited
- Yale Cordage Inc.
- Bexco NV-SA

"*" marked represents similar segmentation in other categories in the respective section

Product Code: CMI316

1. Research Objectives and Assumptions

Research Objectives
Assumptions
Abbreviations

2. Market Purview

Report Description
- Market Definition and Scope
Executive Summary
- Market Snippet, By Material Type
- Market Snippet, By End-Use Industry
- Market Snippet, By Region
Coherent Opportunity Map (COM)

3. Market Dynamics, Regulations, and Trends Analysis

Market Dynamics
- Drivers
- Restraints
- PEST Analysis
- PORTER's Five Forces Analysis
- Market Opportunities
- Regulatory Scenario
- Key Developments
- Industry Trend

4. Global Synthetic Ropes Market - Impact of Coronavirus (COVID-19) Pandemic

Overview
Factors Affecting Global Synthetic Ropes Market - COVID-19
Impact Analysis

5. Global Synthetic Ropes Market, By Material Type, 2017 -2030 (US$ Million)

Introduction
- Market Share Analysis, 2022 2025, and 2030 (%)
- Y-o-Y Growth Analysis, 2017 - 2030
- Segment Trends
Polyethylene
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2017 - 2030, (US$ Million)
Polypropylene
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2017 - 2030, (US$ Million)
Polyester
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2017 - 2030, (US$ Million)
Nylon
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2017 - 2030, (US$ Million)
UHMWPE
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2017 - 2030, (US$ Million)
Aramids
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2017 - 2030, (US$ Million)
Specialty Fiber
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2017 - 2030, (US$ Million)

6. Global Synthetic Ropes Market, By End-Use Industry, 2017 -2030 (US$ Million)

Introduction
- Market Share Analysis, 2022, 2025, and 2030 (%)
- Y-o-Y Growth Analysis, 2017 - 2030
- Segment Trends
Oil & Gas
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2017 - 2030, (US$ Million)
Transportation & Logistics
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2017 - 2030, (US$ Million)
Mining
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2017 - 2030, (US$ Million)
Construction
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2017 - 2030, (US$ Million)
Marine
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2017 - 2030, (US$ Million)
Defense
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2017 - 2030, (US$ Million)
Others (Sports and Others)
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2017 - 2030, (US$ Million)

7. Global Synthetic Ropes Market, By Region, 2017 -2030 (US$ Million)

Introduction
- Market Share Analysis, By Region, 2022, 2025, and 2030 (%)
- Y-o-Y Growth Analysis, For Region, 2017 - 2030
North America
- Market Share Analysis, By Country, 2022, 2025 and 2030 (%)
- Y-o-Y Growth Analysis, By Country, 2017 - 2030
- Market Size and Forecast, By Material Type, 2017 - 2030 (US$ Million)
- Market Size and Forecast, By End-Use Industry, 2017 - 2030 (US$ Million)
- Countries
U.S.
Canada
Latin America
- Market Share Analysis, By Country, 2022, 2025 and 2030 (%)
- Y-o-Y Growth Analysis, By Country, 2017 - 2030
- Market Size and Forecast, By Material Type, 2017 - 2030 (US$ Million)
- Market Size and Forecast, By End-Use Industry, 2017 - 2030 (US$ Million)
- Countries
Brazil
Argentina
Mexico
Rest of Latin America
Europe
- Market Share Analysis, By Country, 2022, 2025 and 2030 (%)
- Y-o-Y Growth Analysis, By Country, 2017 - 2030
- Market Size and Forecast, By Material Type, 2017 - 2030 (US$ Million)
- Market Size and Forecast, By End-Use Industry, 2017 - 2030 (US$ Million)
- Countries
U.K.
Germany
Italy
France
Spain
Russia
Rest of Europe
Asia Pacific
- Market Share Analysis, By Country, 2022, 2025 and 2030 (%)
- Y-o-Y Growth Analysis, By Country, 2017 - 2030
- Market Size and Forecast, By Material Type, 2017 - 2030 (US$ Million)
- Market Size and Forecast, By End-Use Industry, 2017 - 2030 (US$ Million)
- Countries
China
India
Japan
ASEAN
Australia
South Korea
Rest of Asia Pacific
Middle East & Africa
- Market Share Analysis, By Country, 2022, 2025 and 2030 (%)
- Y-o-Y Growth Analysis, By Country, 2017 - 2030
- Market Size and Forecast, By Material Type, 2017 - 2030 (US$ Million)
- Market Size and Forecast, By End-Use Industry, 2017 - 2030 (US$ Million)
- Sub-Regions
Middle East
Africa

8. Competitive Landscape

Heat Map Analysis
Market Share Analysis (3x3 Matrix)
Company Profiles
- Lanex AS
Company Overview
Product Portfolio
Recent Developments/Updates
- Samson Rope Technologies Inc.
Company Overview
Product Portfolio
Recent Developments/Updates
- Teufelberger Holding AG
Company Overview
Product Portfolio
Recent Developments/Updates
- Unirope Ltd.
Company Overview
Product Portfolio
Recent Developments/Updates
- WireCo WorldGroup Inc.
Company Overview
Product Portfolio
Recent Developments/Updates
- Touwfabriek Langman BV
Company Overview
Product Portfolio
Recent Developments/Updates
- Dong Yang Rope Mfg. Co., Ltd.
Company Overview
Product Portfolio
Recent Developments/Updates
- Cortland Limited
Company Overview
Product Portfolio
Recent Developments/Updates
- Yale Cordage Inc.
Company Overview
Product Portfolio
Recent Developments/Updates
- Bexco NV-SA
Company Overview
Product Portfolio
Recent Developments/Updates

9. Section

References
Research Methodology
About Us and Sales Contact
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Synthetic Ropes Market, by Material Type, by End-Use industry (Oil & Gas, Transportation & Logistics, Mining, Construction, Marine, Defense, and Others ), and by Region - Size, Share, Outlook, and Opportunity Analysis, 2022 - 2030