Title:
Ultra High Molecular Weight Polyethylene Rope Market Report, by Product Type (3 strands, 8 strands, and 12 strands), by Application (Oil & Gas, Construction, Marine, Military & Aviation, Mining, and Others), and by Region (North America, Latin America, Asia Pacific, Europe, Middle East, and Africa) - Size, Share, Outlook, and Opportunity Analysis, 2019 - 2027.
Ultra high molecular weight polyethylene ropes provide high level of security and protection for mooring of tanker vessels. UHMWPE ropes are smaller in volume, which makes them suitable for storage and handling. This rope does not allow chemical interaction and attack in marine and industrial applications, aquaculture, commercial fishing, and it can be the ideal substitute for wire and steel in mooring lines of tanker vessels. Moreover, UHMWPE ropes have anti-microbial and moisture resistant properties, which make them suitable for use in cables, sails, and rigging in yachting and lifting slings.
Key players in the market are adopting various business strategies such as new product development, in order to expand their product portfolio and strengthen their market presence at global level. For instance, in July 2016, Southern Ropes supplied its first ever 52 mm diameter Super Tug-line consisting of 48 mm HMPE fiber core and nylon covering to the Nordic Mariner. The line can withstand a break load of 181 tons with protective eyes at both the ends.
Market Dynamics
Among product type, 8 strands segment is expected to be the fastest growing in the market over the forecast period, as it is used in various applications such as military & aviation, mining, and others. Rising demand for UHMWPE ropes from mining industry is expected to boost growth of 8 strands segment in the UHMWPE rope market during the forecast period.
Among application, oil & gas segment is expected to account for the largest market share over the forecast period, owing to increasing oil & gas production across the globe. For instance, according to the U.S. Department of Labor, Bureau of Labor Statistics, production of shale gas in the U.S. increased from 1.3 trillion cubic feet (Tcf) to 15.8 trillion cubic feet (Tcf) during 2007 to 2016.
Asia Pacific is expected to be the fastest growing region in the market over the forecast period. Rapid growth in aviation industry is expected to drive growth of the ultra-high molecular weight polyethylene rope market in emerging economies such as India and China. For instance, according to India Brand Equity Foundation (IBEF), India became the world's fastest growing domestic travel market recording a 26.6% year-on-year growth in January 2017, which bolstered demand for aviation industry goods, which includes UHMWPE ropes.
Key features of the study:
- This report provides in-depth analysis of the global ultra high molecular weight polyethylene (UHMWPE) rope market and provides market size (US$ Mn) and compound annual growth rate (CAGR%) for the forecast period (2019-2027), considering 2018 as the base year
- It elucidates potential revenue opportunities across different segments and explains attractive investment proposition matrices for this market
- This study also provides key insights about market drivers, restraints, opportunities, new product launches or approval, regional outlook, and competitive strategies adopted by key players
- It profiles key players in the global ultra high molecular weight polyethylene (UHMWPE) 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 includes Marlow Ropes Ltd., Yangzhou Hyropes Co., Ltd., Taizhou Hongda Rope&Net Co., Ltd., Katradis Marine Ropes Ind. S.A., Samson Rope Technologies, Inc., Southern Ropes, Dynamica Ropes ApS, Cortland Limited, Teufelberger Holding AG, and Yale Cordage Inc.
- Insights from this report would allow marketers and management authorities of the companies to make informed decisions regarding their future product launches, technology up-gradation, market expansion, and marketing tactics
- The global ultra high molecular weight polyethylene (UHMWPE) rope market report caters to various stakeholders in this industry including investors, suppliers, manufacturers, distributors, new entrants, and financial analysts
- Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the global ultra high molecular weight polyethylene (UHMWPE) rope market
Detailed Segmentation:
Global Ultra High Molecular Weight Polyethylene (UHMWPE) Rope Market, By Product Type:
- 3 Strands
- 8 Strands
- 12 Strands
Global Ultra High Molecular Weight Polyethylene (UHMWPE) Rope Market, By Application:
- Oil & Gas
- Construction
- Marine
- Military & Aviation
- Mining
- Others
Global Ultra High Molecular Weight Polyethylene (UHMWPE) Rope Market, By Region:
North America
U.S.
- By Product Type:
- 3 Strands
- 8 Strands
- 12 Strands
- By Application:
- Oil & Gas
- Construction
- Marine
- Militray & Aviation
- Mining
- Others
Canada
- By Product Type:
- 3 Strands
- 8 Strands
- 12 Strands
- By Application:
- Oil & Gas
- Construction
- Marine
- Militray & Aviation
- Mining
- Others
Europe
U.K.
- By Product Type:
- 3 Strands
- 8 Strands
- 12 Strands
- By Application:
- Oil & Gas
- Construction
- Marine
- Militray & Aviation
- Mining
- Others
Germany
- By Product Type:
- 3 Strands
- 8 Strands
- 12 Strands
- By Application:
- Oil & Gas
- Construction
- Marine
- Militray & Aviation
- Mining
- Others
Italy
- By Product Type:
- 3 Strands
- 8 Strands
- 12 Strands
- By Application:
- Oil & Gas
- Construction
- Marine
- Militray & Aviation
- Mining
- Others
France
- By Product Type:
- 3 Strands
- 8 Strands
- 12 Strands
- By Application:
- Oil & Gas
- Construction
- Marine
- Militray & Aviation
- Mining
- Others
Russia
- By Product Type:
- 3 Strands
- 8 Strands
- 12 Strands
- By Application:
- Oil & Gas
- Construction
- Marine
- Militray & Aviation
- Mining
- Others
Rest of Europe
- By Product Type:
- 3 Strands
- 8 Strands
- 12 Strands
- By Application:
- Oil & Gas
- Construction
- Marine
- Militray & Aviation
- Mining
- Others
Asia Pacific
China
- By Product Type:
- 3 Strands
- 8 Strands
- 12 Strands
- By Application:
- Oil & Gas
- Construction
- Marine
- Militray & Aviation
- Mining
- Others
India
- By Product Type:
- 3 Strands
- 8 Strands
- 12 Strands
- By Application:
- Oil & Gas
- Construction
- Marine
- Militray & Aviation
- Mining
- Others
Japan
- By Product Type:
- 3 Strands
- 8 Strands
- 12 Strands
- By Application:
- Oil & Gas
- Construction
- Marine
- Militray & Aviation
- Mining
- Others
ASEAN
- By Product Type:
- 3 Strands
- 8 Strands
- 12 Strands
- By Application:
- Oil & Gas
- Construction
- Marine
- Militray & Aviation
- Mining
- Others
Australia
- By Product Type:
- 3 Strands
- 8 Strands
- 12 Strands
- By Application:
- Oil & Gas
- Construction
- Marine
- Militray & Aviation
- Mining
- Others
South Korea
- By Product Type:
- 3 Strands
- 8 Strands
- 12 Strands
- By Application:
- Oil & Gas
- Construction
- Marine
- Militray & Aviation
- Mining
- Others
- Rest of Asia Pacific
- By Product Type:
- 3 Strands
- 8 Strands
- 12 Strands
- By Application:
- Oil & Gas
- Construction
- Marine
- Militray & Aviation
- Mining
- Others
Latin America
Brazil
- By Product Type:
- 3 Strands
- 8 Strands
- 12 Strands
- By Application:
- Oil & Gas
- Construction
- Marine
- Militray & Aviation
- Mining
- Others
Argentina
- By Product Type:
- 3 Strands
- 8 Strands
- 12 Strands
- By Application:
- Oil & Gas
- Construction
- Marine
- Militray & Aviation
- Mining
- Others
Mexico
- By Product Type:
- 3 Strands
- 8 Strands
- 12 Strands
- By Application:
- Oil & Gas
- Construction
- Marine
- Militray & Aviation
- Mining
- Others
Rest of Latin America
- By Product Type:
- 3 Strands
- 8 Strands
- 12 Strands
- By Application:
- Oil & Gas
- Construction
- Marine
- Militray & Aviation
- Mining
- Others
Middle East
GCC
- By Product Type:
- 3 Strands
- 8 Strands
- 12 Strands
- By Application:
- Oil & Gas
- Construction
- Marine
- Militray & Aviation
- Mining
- Others
Israel
- By Product Type:
- 3 Strands
- 8 Strands
- 12 Strands
- By Application:
- Oil & Gas
- Construction
- Marine
- Militray & Aviation
- Mining
- Others
Rest of Middle East
- By Product Type:
- 3 Strands
- 8 Strands
- 12 Strands
- By Application:
- Oil & Gas
- Construction
- Marine
- Militray & Aviation
- Mining
- Others
Africa
Northern Africa
- By Product Type:
- 3 Strands
- 8 Strands
- 12 Strands
- By Application:
- Oil & Gas
- Construction
- Marine
- Militray & Aviation
- Mining
- Others
Central Africa
- By Product Type:
- 3 Strands
- 8 Strands
- 12 Strands
- By Application:
- Oil & Gas
- Construction
- Marine
- Militray & Aviation
- Mining
- Others
South Africa
- By Product Type:
- 3 Strands
- 8 Strands
- 12 Strands
- By Application:
- Oil & Gas
- Construction
- Marine
- Militray & Aviation
- Mining
- Others
Company Profiles:
- Marlow Ropes Ltd.*
- Company Overview
- Product Portfolio
- Financial Performance
- Key Strategies
- Recent Developments
- Future Plans
- Yangzhou Hyropes Co., Ltd.
- Nestle S.A.
- Taizhou Hongda Rope&Net Co., Ltd
- Katradis Marine Ropes Ind. S.A.
- Samson Rope Technologies, Inc.
- Southern Ropes
- Dynamica Ropes ApS
- Cortland Limited
- Teufelberger Holding AG
- Yale Cordage Inc.
"*" marked represents similar segmentation in other categories in the respective section.