Synthetic Rope Market Share Analysis by Region

1

• Global Synthetic Rope Market Growth Patterns
  and Opportunities
• Synthetic Rope Market is projected to witness a
  CAGR of 5.9 from 2016 to reach a market size of
  USD 1.69 Billion by upcoming
• years. Global Synthetic Rope market is estimated
  to boost owing to its
• application in various end-use industries
  including mining and marine, owing to properties
  such as high durability, robust spooling
  capabilities, and high strength-to-weight ratio.
  The Synthetic Rope Market growth is mainly driven
  by the high strength and low weight
  characteristics along with safety features of
  synthetic ropes.
• "Synthetic rope is a rope which is manufactured
  by braiding together various types of synthetic
  fibers. Synthetic fibers are made by using
  artificial materials including nylon, polyester,
  polyethylene, and polypropylene. They can be used
  indoor as well as outdoor in all weather
  conditions. Synthetic ropes are durable,
  lighter, and stronger than natural ropes. The
  most important features of synthetic rope are
  the safety benefits they offer. Synthetic rope
  may be waterproof and can float and stretch
  unimaginably. Synthetic ropes are manufactured
  in different designs on the basis of their
  application such as construction, mining,
  fishing, and as mooring ropes for ocean liners."
• Request a report sample to gain comprehensive
  market
• insights https//www.marketsandmarkets.com/reques
  tsampleNew.asp
• ?id50038042
• Market size share analysis
• Top market players with sales, revenue, and
  business strategies analysis
• Market growth drivers and restraints
• Market opportunities challenges
• Research methodology

2
Synthetic rope made of Polypropylene (PP)
projected to dominate the market during the
forecast period PP is projected to remain the
dominant material in the manufacturing of
synthetic ropes during the forecast period. The
market players use PP on a large scale, as it is
highly cost-effective in nature. PP provides high
strength to the ropes and also performs well
when used under water. Asia-Pacific projected to
witness the highest CAGR between 2016 and
2021 The synthetic ropes market in Asia-Pacific
possesses immense potential of growth during the
forecast period. Rising marine offshore mooring
systems, growing construction industry, and the
unexplored offshore oil gas fields in the
region are expected to drive the market in this
region. High aquaculture production or fishing
activities in the region are also expected to
trigger the market growth in the region between
2016 and 2021. China, Japan, and South Korea are
some of the key countries in the region
contributing to the market growth.
Synthetic Rope Market Key Players Some of the
key participants in the market are WireCo
WorldGroup (U.S.), Samson Rope Technologies
(U.S.), Cortland Limited (U.S.), Marlow Ropes
Ltd. (U.K.), and Bridon International Ltd
(U.K.). New product developments and capacity
expansions were the major growth strategies
adopted by the market players between 2011 and
2016 to enhance their regional footprint and meet
the growing demand for synthetic ropes in
developing economies. Inquire Before Buying
https//www.marketsandmarkets.com/Enquiry_Before_B
uying New.asp?id50038042
3

• Market Dynamics
• Drivers
• Growing demand from various end-user industries
• Increased Prevalence of the Construction Industry
• Restraint
• Volatile Prices of Raw Material
• Global Synthetic Rope Market -Geographical
  Analysis
• North America Market Size, Share, Trends,
  Opportunities, Y-o-Y Growth, CAGR United
  States and Canada
• Latin America Market Size, Share, Trends,
  Opportunities, Y-o-Y Growth, CAGR Mexico,
  Argentina, Brazil, and Rest of Latin America
• Europe Market Size, Share, Trends, Opportunities,
  Y-o-Y Growth, CAGR
• United Kingdom, France, Germany, Italy, Spain,
  Belgium, Hungary, Luxembourg, Netherlands,
  Poland, NORDIC, Russia, Turkey, and Rest of
  Europe
• APAC Market Size, Share, Trends, Opportunities,
  Y-o-Y Growth, CAGR India, China, South Korea,
  Japan, Malaysia, Indonesia, New Zealand,
  Australia, and Rest of APAC
• MENA Market Size, Share, Trends, Opportunities,
  Y-o-Y Growth, CAGR