- Synthetic
- Steel Wire
- Cotton
- Others
Ropes Market size was valued at USD 11,161.2 Mn and poised to grow at a CAGR of 6.9% from 2024-2030. The market is fuelled by factors like population growth, urbanization, and increasing infrastructure projects in sectors like construction, oil & gas, and shipping the advanced technology for manufacturing the process leads to lighter, stronger, and more durable ropes for the new materials, and also a rise in the demand for the eco-friendly and sustainable material is driving the growth of natural fiber ropes and bio-based synthetic alternatives. Despite the promising growth potential, the raw material price fluctuation, stringent regulation for safety, and global market competition from numerous players squeeze the profit margins. Online sales platforms can provide wider market access for rope manufacturers and distributors in developing countries with booming infrastructure projects creating significant demand for ropes.
Rope Market Recent Key Developments:
- In February 2022, Bridon-Bekaert Ropes Group (BBRG) announced the acquisition of VisionTek Engineering Srl, an Italy-based engineering software, and computer vision systems company, as an important strategic step in extending the service offering to customers. This acquisition was aimed at extending the digital capabilities and benefits of the service offering of BBRG.
- Mar-2023: WireCo the top manufacturer of synthetic rope, electromechanical cable, mission-critical wire rope, and netting in the world, announced the launch of Casar and Oliveira products, High-Performance crane ropes made in the USA. This launch aims to provide similar quality ropes that customers got from facilities in Portugal and Germany.
Ropes Market Summary
Study Period
2024-2030
Base Year
2023
CAGR
6.9%
Largest Market
North America
Fastest Growing Market
Asia Pacific
Ropes Market Dynamics
The increase in the industrial and construction sectors are major drive for the rope market, which are essential tools for lifting, rigging, and securing heavy loads. Construction sites use ropes for cranes, hoists, and securing materials during transport and at various stages of building. Similarly, industrial facilities utilize ropes for lifting machinery, hauling equipment, and securing cargo, which high Demand for Strength and Safety, these sectors require ropes with high tensile strength to handle substantial weight and ensure worker safety. The global growth in infrastructure projects like bridges, buildings, and power plants fuels the demand for ropes. As these projects become larger and more complex, the need for strong and reliable ropes increases. The industrial and construction sectors primarily use steel wire ropes for their high strength and durability. However, synthetic ropes made from materials like nylon and polyester are also finding applications due to their lighter weight and specific properties, the growth of construction and infrastructure development in emerging economies like China and India is a significant factor driving the global rope market.
Asia-Pacific Got Significant Share
Ropes Market Regional Analysis
Based on regions, the market is segmented into North America, Europe, Asia-Pacific, Latin America, and Middle East and Africa. Asia-pacific holds the fastest and dominant position in the market due to rapid urbanization and infrastructure projects in developing countries like China and India and also holds the major exporters of twin rope due to their established manufacturing base and low cost of production and shifting the focus towards the synthetic ropes due to growing the demand for the for lightweight, strong, and weather-resistant ropes for construction activities fuels the market for synthetic ropes like polyester and nylon. North American manufacturers are at the forefront of technological advancements in rope production, leading to high-performance ropes for various applications, strict safety regulations for ropes used in critical applications ensure high-quality products, the North American ropes market is relatively mature compared to APAC, with a focus on replacement demand and specialty ropes for niche applications. A strong maritime and fishing industry in Europe drives demand for ropes used in anchoring, mooring, and fishing gear and European manufacturers are increasingly adopting eco-friendly practices and materials like bio-based synthetic fibers to cater to the growing demand for sustainable products. Latin America and Middle East & Africa (LAMEA) are emerging markets were these regions present significant growth potential due to increasing investments in infrastructure development and growing industrial sectors price sensitivity is a major factor in these regions, creating opportunities for low-cost rope manufacturers.
Latin America
Europe
Asia Pacific
Middle East
North America
Key Features of the Reports
- The ropes market report provides granular level information about the market size, regional market share, historic market (2019-2023), and forecast (2024-2030)
- The report covers in-detail insights about the competitor’s overview, company share analysis, key market developments, and key strategies.
- The report outlines drivers, restraints, unmet needs, and trends that are currently affecting the market.
- The report tracks recent innovations, key developments, and start-up details that are actively working in the market.
- The report provides a plethora of information about market entry strategies, regulatory framework, and reimbursement scenarios.
Ropes Market Segmentation
By Product Type
By Application
- Marine &Ports
- Construction
- Forestry and Tree Care
- Ropeway
- Sports & Leisure
- Industrial & Crane
- Others
By Geography
- North America
- Europe
- The Asia Pacific
- Latin America
- Gulf Cooperation Council (GCC) Countries
Frequently Asked Questions
The rope market is projected to have a market size of USD 11,161.2 Mn to grow at a CAGR of 6.9% during the forecast period.
Novatec Braids Ltd., Phillystran, Inc., Donaghys Ltd., Touwfabriek Langman B.V, New England Ropes, Southern Ropes, Atlantic Braids Ltd., LIROS GmbH, Cotesi - Companhia de Têxteis Sintéticos, S.A, Dynamica Ropes, Yale Cordage, Inc., WireCo World Group, Cortland Limited, Teufelberger, Samson Rope Technologies, Marlow Ropes, Bridon-Bekaert, Katradis Marine Ropes, and Lankhorst Ropes
Asia-Pacific is the dominant market in the rope market.
| 1.Executive Summary |
| 2.Global Ropes Market Introduction |
| 2.1.Global Ropes Market - Taxonomy |
| 2.2.Global Ropes Market - Definitions |
| 2.2.1.Product Type |
| 2.2.2.Application |
| 2.2.3.Region |
| 3.Global Ropes Market Dynamics |
| 3.1. Drivers |
| 3.2. Restraints |
| 3.3. Opportunities/Unmet Needs of the Market |
| 3.4. Trends |
| 3.5. Product Landscape |
| 3.6. New Product Launches |
| 3.7. Impact of COVID 19 on Market |
| 4.Global Ropes Market Analysis, 2019 - 2023 and Forecast 2024 - 2030 |
| 4.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 4.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) |
| 4.3. Market Opportunity Analysis |
| 5.Global Ropes Market By Product Type, 2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million) |
| 5.1. Synthetic |
| 5.1.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 5.1.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 5.1.3. Market Opportunity Analysis |
| 5.2. Steel Wire |
| 5.2.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 5.2.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 5.2.3. Market Opportunity Analysis |
| 5.3. Cotton |
| 5.3.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 5.3.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 5.3.3. Market Opportunity Analysis |
| 5.4. Others |
| 5.4.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 5.4.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 5.4.3. Market Opportunity Analysis |
| 6.Global Ropes Market By Application, 2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million) |
| 6.1. Marine &Ports |
| 6.1.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 6.1.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 6.1.3. Market Opportunity Analysis |
| 6.2. Construction |
| 6.2.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 6.2.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 6.2.3. Market Opportunity Analysis |
| 6.3. Forestry and Tree Care |
| 6.3.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 6.3.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 6.3.3. Market Opportunity Analysis |
| 6.4. Ropeway |
| 6.4.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 6.4.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 6.4.3. Market Opportunity Analysis |
| 6.5. Sports & Leisure |
| 6.5.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 6.5.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 6.5.3. Market Opportunity Analysis |
| 6.6. Industrial & Crane |
| 6.6.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 6.6.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 6.6.3. Market Opportunity Analysis |
| 6.7. Others |
| 6.7.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 6.7.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 6.7.3. Market Opportunity Analysis |
| 7.Global Ropes Market By Region, 2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million) |
| 7.1. North America |
| 7.1.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 7.1.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 7.1.3. Market Opportunity Analysis |
| 7.2. Europe |
| 7.2.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 7.2.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 7.2.3. Market Opportunity Analysis |
| 7.3. Asia Pacific (APAC) |
| 7.3.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 7.3.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 7.3.3. Market Opportunity Analysis |
| 7.4. Middle East and Africa (MEA) |
| 7.4.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 7.4.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 7.4.3. Market Opportunity Analysis |
| 7.5. Latin America |
| 7.5.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 7.5.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 7.5.3. Market Opportunity Analysis |
| 8.North America Ropes Market ,2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million) |
| 8.1. Product Type Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 8.1.1.Synthetic |
| 8.1.2.Steel Wire |
| 8.1.3.Cotton |
| 8.1.4.Others |
| 8.2. Application Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 8.2.1.Marine &Ports |
| 8.2.2.Construction |
| 8.2.3.Forestry and Tree Care |
| 8.2.4.Ropeway |
| 8.2.5.Sports & Leisure |
| 8.2.6.Industrial & Crane |
| 8.2.7.Others |
| 8.3. Country Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 8.3.1.United States of America (USA) |
| 8.3.2.Canada |
| 9.Europe Ropes Market ,2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million) |
| 9.1. Product Type Analysis and Forecast by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 9.1.1.Synthetic |
| 9.1.2.Steel Wire |
| 9.1.3.Cotton |
| 9.1.4.Others |
| 9.2. Application Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 9.2.1.Marine &Ports |
| 9.2.2.Construction |
| 9.2.3.Forestry and Tree Care |
| 9.2.4.Ropeway |
| 9.2.5.Sports & Leisure |
| 9.2.6.Industrial & Crane |
| 9.2.7.Others |
| 9.3. Country Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 9.3.1.Germany |
| 9.3.2.France |
| 9.3.3.Italy |
| 9.3.4.United Kingdom (UK) |
| 9.3.5.Spain |
| 10.Asia Pacific (APAC) Ropes Market ,2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million) |
| 10.1. Product Type Analysis and Forecast by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 10.1.1.Synthetic |
| 10.1.2.Steel Wire |
| 10.1.3.Cotton |
| 10.1.4.Others |
| 10.2. Application Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 10.2.1.Marine &Ports |
| 10.2.2.Construction |
| 10.2.3.Forestry and Tree Care |
| 10.2.4.Ropeway |
| 10.2.5.Sports & Leisure |
| 10.2.6.Industrial & Crane |
| 10.2.7.Others |
| 10.3. Country Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 10.3.1.China |
| 10.3.2.India |
| 10.3.3.Australia and New Zealand (ANZ) |
| 10.3.4.Japan |
| 10.3.5.Rest of APAC |
| 11.Middle East and Africa (MEA) Ropes Market ,2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million) |
| 11.1. Product Type Analysis and Forecast by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 11.1.1.Synthetic |
| 11.1.2.Steel Wire |
| 11.1.3.Cotton |
| 11.1.4.Others |
| 11.2. Application Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 11.2.1.Marine &Ports |
| 11.2.2.Construction |
| 11.2.3.Forestry and Tree Care |
| 11.2.4.Ropeway |
| 11.2.5.Sports & Leisure |
| 11.2.6.Industrial & Crane |
| 11.2.7.Others |
| 11.3. Country Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 11.3.1.GCC Countries |
| 11.3.2.South Africa |
| 11.3.3.Rest of MEA |
| 12.Latin America Ropes Market ,2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million) |
| 12.1. Product Type Analysis and Forecast by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 12.1.1.Synthetic |
| 12.1.2.Steel Wire |
| 12.1.3.Cotton |
| 12.1.4.Others |
| 12.2. Application Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 12.2.1.Marine &Ports |
| 12.2.2.Construction |
| 12.2.3.Forestry and Tree Care |
| 12.2.4.Ropeway |
| 12.2.5.Sports & Leisure |
| 12.2.6.Industrial & Crane |
| 12.2.7.Others |
| 12.3. Country Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 12.3.1.Brazil |
| 12.3.2.Mexico |
| 12.3.3.Rest of LA |
| 13. Competition Landscape |
| 13.1. Market Player Profiles (Introduction, Brand/Product Sales, Financial Analysis, Product Offerings, Key Developments, Collaborations, M & A, Strategies, and SWOT Analysis) |
| 13.2.1.Novatec Braids Ltd. |
| 13.2.2.Phillystran, Inc. |
| 13.2.3.Donaghys Ltd. |
| 13.2.4.Touwfabriek Langman B.V. |
| 13.2.5.New England Ropes |
| 13.2.6.Southern Ropes |
| 13.2.7.Atlantic Braids Ltd. |
| 13.2.8.LIROS GmbH |
| 13.2.9.Cotesi - Companhia de Têxteis Sintéticos, S.A. |
| 13.2.10.Dynamica Ropes |
| 13.2.11.Yale Cordage, Inc. |
| 13.2.12.WireCo WorldGroup |
| 13.2.13.Cortland Limited |
| 13.2.14.Teufelberger |
| 13.2.15.Samson Rope Technologies |
| 13.2.16.Marlow Ropes |
| 13.2.17.Bridon-Bekaert |
| 13.2.18.Yale Cordage |
| 13.2.19.English Braids |
| 13.2.20.Hampidjan Group |
| 13.2.21.Katradis Marine Ropes |
| 13.2.22.Lankhorst Ropes |
| 14. Research Methodology |
| 15. Appendix and Abbreviations |
- Novatec Braids Ltd.
- Phillystran, Inc.
- Donaghys Ltd.
- Touwfabriek Langman B.V.
- New England Ropes
- Southern Ropes
- Atlantic Braids Ltd.
- LIROS GmbH
- Cotesi - Companhia de Têxteis Sintéticos, S.A.
- Dynamica Ropes
- Yale Cordage, Inc.
- WireCo WorldGroup
- Cortland Limited
- Teufelberger
- Samson Rope Technologies
- Marlow Ropes
- Bridon-Bekaert
- Yale Cordage
- English Braids
- Hampidjan Group
- Katradis Marine Ropes
- Lankhorst Ropes