PUBLISHER: Polaris Market Research | PRODUCT CODE: 1346900
PUBLISHER: Polaris Market Research | PRODUCT CODE: 1346900
Rope Market Share, Size, Trends, Industry Analysis Report, By Product (Synthetic, Steel Wire, Cotton), By End-users (Industrial, Commercial, Residential), By Region, And Segment Forecasts, 2023 - 2032
The global rope market size is expected to reach USD 25.32 billion by 2032, according to a new study by Polaris Market Research. The report "Rope Market Share, Size, Trends, Industry Analysis Report, By Product (Synthetic, Steel Wire, Cotton), By End-users (Industrial, Commercial, Residential), By Region, And Segment Forecasts, 2019 - 2032" gives a detailed insight into current market dynamics and provides analysis on future market growth.
The global market for ropes is primarily driven by the increasing demand for residential and commercial applications where ropes are utilized for lifting and pulling heavy loads and materials. The market is poised to witness growth in various utility sectors, fueled by the surge in residential and commercial construction activities, which will drive the demand for ropes. Key rope manufacturers are expected to prioritize research and development efforts and focus on design innovations to maintain their competitiveness.
Furthermore, significant market players are anticipated to invest in the production of ropes using advanced materials like Kevlar, synthetic fibers, and aramid. With the advent of cutting-edge materials and innovative manufacturing technologies, these manufacturers are well-positioned to expand their product offerings and replace traditional manufacturing practices with state-of-the-art, machine-driven methodologies.
The global market is expected to experience favorable revenue growth due to the increased utilization of synthetic ropes in various maritime industry operations, including ship assist, mooring, inland towing, and hoisting line applications. Synthetic ropes are preferred in these operations due to their lightweight nature, high strength, and reduced susceptibility to corrosion. This trend is set to impact the overall revenue growth of the market positively. In February 2022, BBRG completed the acquisition of VisionTek Engineering. BBRG's efforts to enhance its service offering to customers by expanding its digital capabilities. The integration of VisionTek Engineering's expertise and technology will enable BBRG to provide enhanced services and solutions to its customers in the rope industry.
The market growth is closely associated with the rapid expansion of the commercial and residential building industries, which drives the demand for durable, lightweight, and waterproof ropes. The increasing urbanization in countries like China & India has significantly contributed to the growth of the construction industry, thereby expanding the market's scope. Ropes play a crucial role in construction operations thanks to their corrosion resistance and ability to withstand various harsh weather conditions, including UV radiation, rain, snow, and extremely cold temperatures.
Rope Market Report Highlights
Steel wires segment held the majority market share, owing to the use in the construction, mining, drilling, and exploration activities. Frequently used in the lifting and hosting operations in power transmission projects
Residential segment projected to grow at the fastest rate, as there is surge in construction activities in the emerging nations, and home re-development projects
North America region led the largest revenue share, as there are huge housing remodeling projects, presence of high-net-worth individuals seeking large residential buildings
The global key market players include: van Beelen Group, Bridon-Bekaert, WireCo WorldGroup, Yale Cordage, TEUFELBERGER, MAGENTO, Cortland Limited, Marlow Ropes, Southern Ropes, and Dynamica Ropes
Polaris Market Research has segmented the rope market report based on product, end use, and region:
Rope, Product Outlook (Revenue - USD Billion, 2019 - 2032)
- Synthetic
- Steel Wire
- Cotton
- Others
Rope, End Use Outlook (Revenue - USD Billion, 2019 - 2032)
- Industrial
- Commercial
- Residential
Rope, Regional Outlook (Revenue - USD Billion, 2019 - 2032)
- North America
- U.S.
- Canada
- Europe
- Germany
- UK
- France
- Italy
- Spain
- Russia
- Netherlands
- Asia Pacific
- China
- India
- Japan
- South Korea
- Indonesia
- Malaysia
- Latin America
- Argentina
- Brazil
- Mexico
- Middle East & Africa
- UAE
- Saudi Arabia
- Israel
- South Africa
Table of Contents
1. Introduction
- 1.1. Report Description
- 1.1.1. Objectives of the Study
- 1.1.2. Market Scope
- 1.1.3. Assumptions
- 1.2. Stakeholders
2. Executive Summary
- 2.1. Market Highlights
3. Research Methodology
- 3.1. Overview
- 3.1.1. Data Mining
- 3.2. Data Sources
- 3.2.1. Primary Sources
- 3.2.2. Secondary Sources
4. Global Rope Market Insights
- 4.1. Rope Market - Industry Snapshot
- 4.2. Rope Market Dynamics
- 4.2.1. Drivers and Opportunities
- 4.2.1.1. Rising spending on construction and mining equipment
- 4.2.1.2. Increasing demand for synthetic ropes
- 4.2.2. Restraints and Challenges
- 4.2.2.1. Fluctuating prices of raw material
- 4.2.1. Drivers and Opportunities
- 4.3. Porter's Five Forces Analysis
- 4.3.1. Bargaining Power of Suppliers (Moderate)
- 4.3.2. Threats of New Entrants: (Low)
- 4.3.3. Bargaining Power of Buyers (Moderate)
- 4.3.4. Threat of Substitute (Moderate)
- 4.3.5. Rivalry among existing firms (High)
- 4.4. PESTLE Analysis
- 4.5. Rope Industry trends
- 4.6. Value Chain Analysis
- 4.7. COVID-19 Impact Analysis
5. Global Rope Market, by Product
- 5.1. Key Findings
- 5.2. Introduction
- 5.2.1. Global Rope, by Product, 2019-2032 (USD Billion)
- 5.3. Synthetic
- 5.3.1. Global Rope Market, by Synthetic, by Region, 2019-2032 (USD Billion)
- 5.4. Steel Wire
- 5.4.1. Global Rope Market, by Steel Wire, by Region, 2019-2032 (USD Billion)
- 5.5. Cotton
- 5.5.1. Global Rope Market, by Cotton, by Region, 2019-2032 (USD Billion)
- 5.6. Others
- 5.6.1. Global Rope Market, by Others, by Region, 2019-2032 (USD Billion)
6. Global Rope Market, by End Use
- 6.1. Key Findings
- 6.2. Introduction
- 6.2.1. Global Rope Market, by End Use, 2019-2032 (USD Billion)
- 6.3. Industrial
- 6.3.1. Global Rope Market, by Industrial, by Region, 2019-2032 (USD Billion)
- 6.4. Commercial
- 6.4.1. Global Rope Market, by Commercial, by Region, 2019-2032 (USD Billion)
- 6.5. Residential
- 6.5.1. Global Rope Market, by Residential, by Region, 2019-2032 (USD Billion)
7. Global Rope Market, by Geography
- 7.1. Key findings
- 7.2. Introduction
- 7.2.1. Rope Market Assessment, By Geography, 2019-2032 (USD Billion)
- 7.3. Rope Market - North America
- 7.3.1. North America: Rope Market, by End Use, 2019-2032 (USD Billion)
- 7.3.2. North America: Rope Market, by Product, 2019-2032 (USD Billion)
- 7.3.3. Rope Market - U.S.
- 7.3.3.1. U.S.: Rope Market, by End Use, 2019-2032 (USD Billion)
- 7.3.3.2. U.S.: Rope Market, by Product, 2019-2032 (USD Billion)
- 7.3.4. Rope Market - Canada
- 7.3.4.1. Canada: Rope Market, by End Use, 2019-2032 (USD Billion)
- 7.3.4.2. Canada: Rope Market, by Product, 2019-2032 (USD Billion)
- 7.4. Rope Market - Europe
- 7.4.1. Europe: Rope Market, by End Use, 2019-2032 (USD Billion)
- 7.4.2. Europe: Rope Market, by Product, 2019-2032 (USD Billion)
- 7.4.3. Rope Market - UK
- 7.4.3.1. UK: Rope Market, by End Use, 2019-2032 (USD Billion)
- 7.4.3.2. UK: Rope Market, by Product, 2019-2032 (USD Billion)
- 7.4.4. Rope Market - France
- 7.4.4.1. France: Rope Market, by End Use, 2019-2032 (USD Billion)
- 7.4.4.2. France: Rope Market, by Product, 2019-2032 (USD Billion)
- 7.4.5. Rope Market - Germany
- 7.4.5.1. Germany: Rope Market, by End Use, 2019-2032 (USD Billion)
- 7.4.5.2. Germany: Rope Market, by Product, 2019-2032 (USD Billion)
- 7.4.6. Rope Market - Italy
- 7.4.6.1. Italy: Rope Market, by End Use, 2019-2032 (USD Billion)
- 7.4.6.2. Italy: Rope Market, by Product, 2019-2032 (USD Billion)
- 7.4.7. Rope Market - Spain
- 7.4.7.1. Spain: Rope Market, by End Use, 2019-2032 (USD Billion)
- 7.4.7.2. Spain: Rope Market, by Product, 2019-2032 (USD Billion)
- 7.4.8. Rope Market - Netherlands
- 7.4.8.1. Netherlands: Rope Market, by End Use, 2019-2032 (USD Billion)
- 7.4.8.2. Netherlands: Rope Market, by Product, 2019-2032 (USD Billion)
- 7.4.9. Rope Market - Russia
- 7.4.9.1. Russia: Rope Market, by End Use, 2019-2032 (USD Billion)
- 7.4.9.2. Russia: Rope Market, by Product, 2019-2032 (USD Billion)
- 7.5. Rope Market - Asia Pacific
- 7.5.1. Asia Pacific: Rope Market, by End Use, 2019-2032 (USD Billion)
- 7.5.2. Asia Pacific: Rope Market, by Product, 2019-2032 (USD Billion)
- 7.5.3. Rope Market - China
- 7.5.3.1. China: Rope Market, by End Use, 2019-2032 (USD Billion)
- 7.5.3.2. China: Rope Market, by Product, 2019-2032 (USD Billion)
- 7.5.4. Rope Market - India
- 7.5.4.1. India: Rope Market, by End Use, 2019-2032 (USD Billion)
- 7.5.4.2. India: Rope Market, by Product, 2019-2032 (USD Billion)
- 7.5.5. Rope Market - Malaysia
- 7.5.5.1. Malaysia: Rope Market, by End Use, 2019-2032 (USD Billion)
- 7.5.5.2. Malaysia: Rope Market, by Product, 2019-2032 (USD Billion)
- 7.5.6. Rope Market - Japan
- 7.5.6.1. Japan: Rope Market, by End Use, 2019-2032 (USD Billion)
- 7.5.6.2. Japan: Rope Market, by Product, 2019-2032 (USD Billion)
- 7.5.7. Rope Market - Indonesia
- 7.5.7.1. Indonesia: Rope Market, by End Use, 2019-2032 (USD Billion)
- 7.5.7.2. Indonesia: Rope Market, by Product, 2019-2032 (USD Billion)
- 7.5.8. Rope Market - South Korea
- 7.5.8.1. South Korea: Rope Market, by End Use, 2019-2032 (USD Billion)
- 7.5.8.2. South Korea: Rope Market, by Product, 2019-2032 (USD Billion)
- 7.6. Rope Market - Middle East & Africa
- 7.6.1. Middle East & Africa: Rope Market, by End Use, 2019-2032 (USD Billion)
- 7.6.2. Middle East & Africa: Rope Market, by Product, 2019-2032 (USD Billion)
- 7.6.3. Rope Market - Saudi Arabia
- 7.6.3.1. Saudi Arabia: Rope Market, by End Use, 2019-2032 (USD Billion)
- 7.6.3.2. Saudi Arabia: Rope Market, by Product, 2019-2032 (USD Billion)
- 7.6.4. Rope Market - UAE
- 7.6.4.1. UAE: Rope Market, by End Use, 2019-2032 (USD Billion)
- 7.6.4.2. UAE: Rope Market, by Product, 2019-2032 (USD Billion)
- 7.6.5. Rope Market - Israel
- 7.6.5.1. Israel: Rope Market, by End Use, 2019-2032 (USD Billion)
- 7.6.5.2. Israel: Rope Market, by Product, 2019-2032 (USD Billion)
- 7.6.6. Rope Market - South Africa
- 7.6.6.1. South Africa: Rope Market, by End Use, 2019-2032 (USD Billion)
- 7.6.6.2. South Africa: Rope Market, by Product, 2019-2032 (USD Billion)
- 7.7. Rope Market - Latin America
- 7.7.1. Latin America: Rope Market, by End Use, 2019-2032 (USD Billion)
- 7.7.2. Latin America: Rope Market, by Product, 2019-2032 (USD Billion)
- 7.7.3. Rope Market - Mexico
- 7.7.3.1. Mexico: Rope Market, by End Use, 2019-2032 (USD Billion)
- 7.7.3.2. Mexico: Rope Market, by Product, 2019-2032 (USD Billion)
- 7.7.4. Rope Market - Brazil
- 7.7.4.1. Brazil: Rope Market, by End Use, 2019-2032 (USD Billion)
- 7.7.4.2. Brazil: Rope Market, by Product, 2019-2032 (USD Billion)
- 7.7.5. Rope Market - Argentina
- 7.7.5.1. Argentina: Rope Market, by End Use, 2019-2032 (USD Billion)
- 7.7.5.2. Argentina: Rope Market, by Product, 2019-2032 (USD Billion)
8. Competitive Landscape
- 8.1. Expansion and Acquisition Analysis
- 8.1.1. Expansion
- 8.1.2. Acquisitions
- 8.2. Partnerships/Collaborations/Agreements/Exhibitions
9. Company Profiles
- 9.1. van Beelen Group
- 9.1.1. Company Overview
- 9.1.2. Financial Performance
- 9.1.3. Product Benchmarking
- 9.1.4. Recent Development
- 9.2. Bridon-Bekaert
- 9.2.1. Company Overview
- 9.2.2. Financial Performance
- 9.2.3. Product Benchmarking
- 9.2.4. Recent Development
- 9.3. WireCo WorldGroup
- 9.3.1. Company Overview
- 9.3.2. Financial Performance
- 9.3.3. Product Benchmarking
- 9.3.4. Recent Development
- 9.4. Yale Cordage
- 9.4.1. Company Overview
- 9.4.2. Financial Performance
- 9.4.3. Product Benchmarking
- 9.4.4. Recent Development
- 9.5. TEUFELBERGER
- 9.5.1. Company Overview
- 9.5.2. Financial Performance
- 9.5.3. Product Benchmarking
- 9.5.4. Recent Development
- 9.6. MAGENTO
- 9.6.1. Company Overview
- 9.6.2. Financial Performance
- 9.6.3. Product Benchmarking
- 9.6.4. Recent Development
- 9.7. Cortland Limited
- 9.7.1. Company Overview
- 9.7.2. Financial Performance
- 9.7.3. Product Benchmarking
- 9.7.4. Recent Development
- 9.8. Marlow Ropes
- 9.8.1. Company Overview
- 9.8.2. Financial Performance
- 9.8.3. Product Benchmarking
- 9.8.4. Recent Development
- 9.9. Southern Ropes
- 9.9.1. Company Overview
- 9.9.2. Financial Performance
- 9.9.3. Product Benchmarking
- 9.9.4. Recent Development
- 9.10. Dynamica Ropes
- 9.10.1. Company Overview
- 9.10.2. Financial Performance
- 9.10.3. Product Benchmarking
- 9.10.4. Recent Development
List of Tables
- Table 1 Global Rope Market, by End Use, 2019-2032 (USD Billion)
- Table 2 Global Rope Market, by Product, 2019-2032 (USD Billion)
- Table 3 Rope Market Assessment, By Geography, 2019-2032 (USD Billion)
- Table 4 North America: Rope Market, by End Use, 2019-2032 (USD Billion)
- Table 5 North America: Rope Market, by Product, 2019-2032 (USD Billion)
- Table 6 U.S.: Rope Market, by End Use, 2019-2032 (USD Billion)
- Table 7 U.S.: Rope Market, by Product, 2019-2032 (USD Billion)
- Table 8 Canada: Rope Market, by End Use, 2019-2032 (USD Billion)
- Table 9 Canada: Rope Market, by Product, 2019-2032 (USD Billion)
- Table 10 Europe: Rope Market, by End Use, 2019-2032 (USD Billion)
- Table 11 Europe: Rope Market, by Product, 2019-2032 (USD Billion)
- Table 12 UK: Rope Market, by End Use, 2019-2032 (USD Billion)
- Table 13 UK: Rope Market, by Product, 2019-2032 (USD Billion)
- Table 14 France: Rope Market, by End Use, 2019-2032 (USD Billion)
- Table 15 France: Rope Market, by Product, 2019-2032 (USD Billion)
- Table 16 Germany: Rope Market, by End Use, 2019-2032 (USD Billion)
- Table 17 Germany: Rope Market, by Product, 2019-2032 (USD Billion)
- Table 18 Italy: Rope Market, by End Use, 2019-2032 (USD Billion)
- Table 19 Italy: Rope Market, by Product, 2019-2032 (USD Billion)
- Table 20 Spain: Rope Market, by End Use, 2019-2032 (USD Billion)
- Table 21 Spain: Rope Market, by Product, 2019-2032 (USD Billion)
- Table 22 Netherlands: Rope Market, by End Use, 2019-2032 (USD Billion)
- Table 23 Netherlands: Rope Market, by Product, 2019-2032 (USD Billion)
- Table 24 Russia: Rope Market, by End Use, 2019-2032 (USD Billion)
- Table 25 Russia: Rope Market, by Product, 2019-2032 (USD Billion)
- Table 26 Asia Pacific: Rope Market, by End Use, 2019-2032 (USD Billion)
- Table 27 Asia Pacific: Rope Market, by Product, 2019-2032 (USD Billion)
- Table 28 China: Rope Market, by End Use, 2019-2032 (USD Billion)
- Table 29 China: Rope Market, by Product, 2019-2032 (USD Billion)
- Table 30 India: Rope Market, by End Use, 2019-2032 (USD Billion)
- Table 31 India: Rope Market, by Product, 2019-2032 (USD Billion)
- Table 32 Malaysia: Rope Market, by End Use, 2019-2032 (USD Billion)
- Table 33 Malaysia: Rope Market, by Product, 2019-2032 (USD Billion)
- Table 34 Japan: Rope Market, by End Use, 2019-2032 (USD Billion)
- Table 35 Japan: Rope Market, by Product, 2019-2032 (USD Billion)
- Table 36 Indonesia: Rope Market, by End Use, 2019-2032 (USD Billion)
- Table 37 Indonesia: Rope Market, by Product, 2019-2032 (USD Billion)
- Table 38 South Korea: Rope Market, by End Use, 2019-2032 (USD Billion)
- Table 39 South Korea: Rope Market, by Product, 2019-2032 (USD Billion)
- Table 40 Middle East & Africa: Rope Market, by End Use, 2019-2032 (USD Billion)
- Table 41 Middle East & Africa: Rope Market, by Product, 2019-2032 (USD Billion)
- Table 42 Saudi Arabia: Rope Market, by End Use, 2019-2032 (USD Billion)
- Table 43 Saudi Arabia: Rope Market, by Product, 2019-2032 (USD Billion)
- Table 44 UAE: Rope Market, by End Use, 2019-2032 (USD Billion)
- Table 45 UAE: Rope Market, by Product, 2019-2032 (USD Billion)
- Table 46 Israel: Rope Market, by End Use, 2019-2032 (USD Billion)
- Table 47 Israel: Rope Market, by Product, 2019-2032 (USD Billion)
- Table 48 South Africa: Rope Market, by End Use, 2019-2032 (USD Billion)
- Table 49 South Africa: Rope Market, by Product, 2019-2032 (USD Billion)
- Table 50 Latin America: Rope Market, by End Use, 2019-2032 (USD Billion)
- Table 51 Latin America: Rope Market, by Product, 2019-2032 (USD Billion)
- Table 52 Mexico: Rope Market, by End Use, 2019-2032 (USD Billion)
- Table 53 Mexico: Rope Market, by Product, 2019-2032 (USD Billion)
- Table 54 Brazil: Rope Market, by End Use, 2019-2032 (USD Billion)
- Table 55 Brazil: Rope Market, by Product, 2019-2032 (USD Billion)
- Table 56 Argentina: Rope Market, by End Use, 2019-2032 (USD Billion)
- Table 57 Argentina: Rope Market, by Product, 2019-2032 (USD Billion)
List of Figures
- Figure 1 Global Rope Market, 2019-2032 (USD Billion)
- Figure 2 Integrated Ecosystem
- Figure 3 Research Methodology: Top-Down & Bottom-Up Approach
- Figure 4 Market by Geography
- Figure 5 Porter's Five Forces
- Figure 6 Market by End Use
- Figure 7 Global Rope Market, by End Use, 2022 & 2032 (USD Billion)
- Figure 8 Market by Product
- Figure 9 Global Rope Market, by Product, 2022 & 2032 (USD Billion)
- Figure 10 Rope Market Assessment, By Geography, 2019-2032 (USD Billion)
- Figure 11 Strategic Analysis - Rope Market
