Increase in demand for fish-products, surge in seaborne trade activities, and rise in size of cargos drive the growth in the global synthetic rope market. Based on regions, Europe is estimated to grow at the fastest CAGR of 7.1% from 2017 to 2025, owing to rise in usage of synthetic ropes across various countries including Germany, France, Italy, the U.K., and Russia.
The global synthetic rope market report provides an in-depth study of the market dynamics such as drivers, restraints, opportunities, and the current market scenario. The synthetic rope market report also focuses on the subjective aspect of the industry. Furthermore, the study takes in the key findings, in regards to market overview and investment opportunities. At the same time, the report also encompasses the competitive landscape including comprehensive profiles of the major frontrunners in the industry. The leading players are considered based on their revenue size, product portfolio, market share, key marketing stratagems, and overall contribution to the market growth.
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The outbreak of the COVID-19 pandemic left a significant impact on the global economy. The synthetic rope market report provides a detailed study of the micro- and macro-economic impacts of the pandemic. Moreover, the analysis depicts the direct impact of COVID-19 on the synthetic rope market. It recapitulates the detailed information about the market extent and shares owing to the impact of the outbreak. The report also emphasizes on the supply chain and the sales of the synthetic rope market. Last but not the least; the study also exhibits a post-COVID-19 scenario, portraying different measures and initiatives taken by the government bodies across the world.
The specialty fibers segment contributed for around one-third of the total market share in 2017 and is estimated to maintain its lead position during the forecast period. This is owing to its characteristics including electrical resistivity, thermal conductivity, and chemical or fuel resistance. However, the polyester segment would grow at the highest CAGR of 7.3% from 2017 to 2025, owing to its characteristics of being as resilient as nylon ropes and superior resistance offered to ultraviolet rays and heat. The research also provides insights on nylon, polypropylene, and polyethylene.
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Key market players highlighted in the research are Actuant Corporation, Atlantic Braids Ltd, Bridon-Bekaert Ropes Group, Bexco NV-SA, English Braids Ltd, Responsive Industries Ltd, Southern Ropes, Teufelberger, Touwfabriek Langman B.V., and Wireco WorldGroup.
Major Inclusions-
- Qualitative as well as quantitative assessment of the market on the basis of the detailed categorization involving both the economic and non-economic factors.
- Analysis at country and regional level, which portrays the share of the product or service in different regions.
- Elaborative company profiles section, which provides different pointers such as key executives, business enactment, company overview, product/service portfolio, R&D expenditure, current scenario, and prime strategies of the key market players.
- The forecasted market outlook of the synthetic rope market based on recent developments, which incorporate the analysis of drivers, market trends, and growth opportunities.
- The COVID-19 impact on the synthetic rope market
- Post-sales support and free customization
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