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 …
Tag Archives: Synthetic Rope Industry
Synthetic Rope Market | Outlook On Emerging Application, Latest Trends & Potential Growth Strategies, Forecast to 2025
The global synthetic rope market garnered $1.33 billion in 2017 and is estimated to reach $2.18 billion by 2025, growing at a CAGR of 6.3% from 2018 to 2025. The research provides a detailed analysis on changing market dynamics, key segments, major market players, and competitive scenario. Increase in demand for fish-products, surge in seaborne trade activities, …