PUBLISHER: QYResearch | PRODUCT CODE: 1151791
PUBLISHER: QYResearch | PRODUCT CODE: 1151791
Due to the COVID-19 pandemic, the global Steel Wire Rope market size was US$ 8,041.49 million in 2021 and is forecast to a readjusted size of US$ 10,766.46 million by 2028 with a CAGR of 2.82% during the forecast period 2022-2028. Fully considering the economic change by this health crisis, Left Regular Lay accounting for 38.92% of the Steel Wire Rope global market in 2021, is projected to value US$ 4,289.76 million by 2028, growing at a revised 3.02% CAGR from 2022 to 2028. While Industrial & Crane segment is altered to an 4.27% CAGR throughout this forecast period.
The North America Steel Wire Rope market size was US$ 1,370.40 million in 2021, while China was US$ 2,731.66 million. The proportion of the North America was 17.04% in 2021, while Chinese percentage was 33.97%, and it is predicted that China share will reach 37.04% in 2028, trailing a CAGR of 4.22% through the analysis period.
The global key manufacturers of Steel Wire Rope include Kiswire, Bridon-Bekaert The Ropes Group, WireCo World Group, Jiangsu langshan Wrie Rope, Brugg, Tokyo Rope, Teufelberger, PFEIFER, and Guizhou Wire Rope, etc. In 2021, the global top five players occupied for a share approximately 24.02% in terms of revenue.
The global Steel Wire Rope market is segmented by company, region (country), by Type, and by Application. Players, stakeholders, and other participants in the global Steel Wire 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 2017-2028.