Synthetic Rope Market Report by Raw Material (Polypropylene, Polyester, Nylon, Polyethylene, Specialty Fibers), Distribution Channel (Direct Sales, Distributors), End User (Marine and Fishing, Oil and Gas, Sports and Leisure, Construction, and Others), and Region 2024-2032

Synthetic Rope Market Report by Raw Material (Polypropylene, Polyester, Nylon, Polyethylene, Specialty Fibers), Distribution Channel (Direct Sales, Distributors), End User (Marine and Fishing, Oil and Gas, Sports and Leisure, Construction, and Others), and Region 2024-2032

Report Format: PDF+Excel | Report ID: SR112024A4429
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Market Overview:

The global synthetic rope market size reached US$ 1,864.2 Million in 2023. Looking forward, IMARC Group expects the market to reach US$ 2,924.4 Million by 2032, exhibiting a growth rate (CAGR) of 5% during 2024-2032.

Report Attribute
 Key Statistics
Base Year
2023
Forecast Years
2024-2032
Historical Years
2018-2023
Market Size in 2023 US$ 1,864.2 Million
Market Forecast in 2032 US$ 2,924.4 Million
Market Growth Rate (2024-2032) 5%


Synthetic ropes are made from artificial chemicals and strong fibers, such as nylon, polyester, polypropylene, or high modulus polyethylene (HMPE). They offer several advantages, including durability, flexibility, versatility, and wear resistance. Moreover, they are resistant to rot, mold, mildew, and abrasion and can withstand frequent friction, thereby making them suitable for utilization in coastal areas for boats. They are also utilized in décor, water sports, fishing, party tent lines, outdoor railings, and swimming pool lanes. At present, they are gaining traction in drilling and mining over steel ropes worldwide.

 

 
 

 

Note: Information in the above chart consists of dummy data and is only shown here for representation purpose. Kindly contact us for the actual market size and trends.

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Synthetic Rope Market Trends:

The growing awareness among individuals about the health benefits of consuming seafood, which include promoting heart health and easing the symptoms of arthritis, is positively influencing its sales across the globe. This represents one of the key factors catalyzing the demand for synthetic ropes in the aquaculture sector. Moreover, due to the rising global population and subsequently growing food security concerns, governing agencies of numerous countries are adopting various strategies to enhance the efficiency and productivity in the aquaculture sector. This, in turn, is strengthening the growth of the market. Apart from this, the surging energy need and rising number of offshore oil production sites are resulting in the increasing employment of synthetic ropes in the oil and gas industry. Furthermore, the growing use of mining materials in the construction industry is driving the demand for synthetic ropes around the world. Besides this, the leading market players are offering advanced products with high performance, reduced pulley wear, and increased abrasion resistance to maximize fleet efficiency and productivity. This is projected to impel market growth in the coming years.

Key Market Segmentation:

IMARC Group provides an analysis of the key trends in each sub-segment of the global synthetic rope market report, along with forecasts at the global, regional and country level from 2024-2032. Our report has categorized the market based on raw material, distribution channel and end user.

Breakup by Raw Material:

 

 
 

Note: Information in the above chart consists of dummy data and is only shown here for representation purpose. Kindly contact us for the actual market size and trends.

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  • Polypropylene
  • Polyester
  • Nylon
  • Polyethylene
  • Specialty Fibers
     

Breakup by Distribution Channel:

  • Direct Sales
  • Distributors
     

Breakup by End User:

  • Marine and Fishing
  • Oil and Gas
  • Sports and Leisure
  • Construction
  • Others
     

Breakup by Region:

 

 
 

 

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  • North America
    • United States
    • Canada
  • Asia-Pacific
    • China
    • Japan
    • India
    • South Korea
    • Australia
    • Indonesia
    • Others
  • Europe
    • Germany
    • France
    • United Kingdom
    • Italy
    • Spain
    • Russia
    • Others
  • Latin America
    • Brazil
    • Mexico
    • Others
  • Middle East and Africa
     

Competitive Landscape:

The competitive landscape of the industry has also been examined along with the profiles of the key players being Atlantic Braids Ltd., Bexco nv-sa, Bridon-Bekaert Ropes Group, Cortland Limited (Enerpac Tool Group), English Braids Limited, Koninklijke DSM N.V., LANEX a. s., Samson Rope Technologies, Southern Ropes, Teufelberger, WireCo WorldGroup and Yale Cordage.

Report Coverage:

Report Features Details
Base Year of the Analysis 2023
Historical Period 2018-2023
Forecast Period 2024-2032
Units US$ Million
Segment Coverage Raw Material, Distribution Channel, End User, Region
Region Covered Asia Pacific, Europe, North America, Latin America, Middle East and Africa
Countries Covered United States, Canada, Germany, France, United Kingdom, Italy, Spain, Russia, China, Japan, India, South Korea, Australia, Indonesia, Brazil, Mexico
Companies Covered Atlantic Braids Ltd., Bexco nv-sa, Bridon-Bekaert Ropes Group, Cortland Limited (Enerpac Tool Group), English Braids Limited, Koninklijke DSM N.V., LANEX a. s., Samson Rope Technologies, Southern Ropes, Teufelberger, WireCo WorldGroup and Yale Cordage
Customization Scope 10% Free Customization
Report Price and Purchase Option Single User License: US$ 3899
Five User License: US$ 4899
Corporate License: US$ 5899
Post-Sale Analyst Support 10-12 Weeks
Delivery Format PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request)

Key Questions Answered in This Report

The global synthetic rope market was valued at US$ 1,864.2 Million in 2023.

We expect the global synthetic rope market to exhibit a CAGR of 5% during 2024-2032.

The increasing demand for synthetic ropes in decor, water sports, fishing, outdoor railings, party tent lines, etc., as they exhibit durability, flexibility, versatility, and wear resistance, is primarily driving the global synthetic rope market.

The sudden outbreak of the COVID-19 pandemic had led to the implementation of stringent lockdown regulations across several nations, resulting in the temporary halt in numerous production activities for synthetic ropes.

Based on the raw material, the global synthetic rope market can be bifurcated into polypropylene, polyester, nylon, polyethylene, and specialty fibers. Currently, polypropylene holds the majority of the total market share.

Based on the distribution channel, the global synthetic rope market has been segmented into direct sales and distributors, where distributors currently account for the largest market share.

Based on the end user, the global synthetic rope market can be divided into marine and fishing, oil and gas, sports and leisure, construction, and others. Currently, marine and fishing exhibits a clear dominance in the market.

On a regional level, the market has been classified into North America, Asia-Pacific, Europe, Latin America, and Middle East and Africa, where North America currently dominates the global market.

Some of the major players in the global synthetic rope market include Atlantic Braids Ltd., Bexco nv-sa, Bridon-Bekaert Ropes Group, Cortland Limited (Enerpac Tool Group), English Braids Limited, Koninklijke DSM N.V., LANEX a. s., Samson Rope Technologies, Southern Ropes, Teufelberger, WireCo WorldGroup, and Yale Cordage.

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Synthetic Rope Market Report by Raw Material (Polypropylene, Polyester, Nylon, Polyethylene, Specialty Fibers), Distribution Channel (Direct Sales, Distributors), End User (Marine and Fishing, Oil and Gas, Sports and Leisure, Construction, and Others), and Region 2024-2032
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