Market Analysis and Insights: Global Synthetic Rope Market

Synthetic Rope are ropes made from natural and synthetic fibers. Compared to steel wire rope, synthetic rope by its very nature is limited to light load lifting applications and for strapping and tethering, as in a tag line.

Due to the COVID-19 pandemic, the global Synthetic Rope market size is estimated to be worth US$ 1374.3 million in 2022 and is forecast to a readjusted size of US$ 1765.6 million by 2029 with a CAGR of 3.6% during the forecast period 2023-2029. Fully considering the economic change by this health crisis, Polypropylene Rope accounting for % of the Synthetic Rope global market in 2022, is projected to value US$ million by 2029, growing at a revised % CAGR from 2023 to 2029. While Marine and Fishing segment is altered to an % CAGR throughout this forecast period.

Europe is the largest market with about 32% market share, North America is follower with about 25% market share.

The key players are Wireco World Group, Samson Rope Technologies, Garware-Wall Ropes Ltd., Bridon International Ltd, Teufelberger Holding AG, Marlow Ropes Ltd., Yale Cordage Inc, Katradis, Cortland Limited, Southern Ropes, Lanex A.S, GRPP, English Braids Ltd, Taizhou Hongda, Juli Sling, Jiangsu Shenyun etc. The top 5 companies account for about 41% of revenue market share.

Global Synthetic Rope Scope and Market Size

The global Synthetic Rope market is segmented by company, region (country), type and application. Players, stakeholders, and other participants in the global Synthetic 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), type and application for the period 2018-2029.


Segment by Type


Polypropylene Rope

Polyester Rope

Nylon Rope

Polyethylene Rope

Specialty Fibers Rope


Segment by Application


Marine and Fishing

Sports and Leisure

Oil and Gas

Construction

Cranes

Arboriculture

Others

By Region

United States

Europe

China

Japan

Southeast Asia

India

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

Katradis

Cortland Limited

Southern Ropes

Lanex A.S

GRPP

English Braids Ltd

Taizhou Hongda

Juli Sling

Jiangsu Shenyun