Rope is a strong form of ‘piles’, fibers, strands or yarns twisted together to form rope. Ropes are particularly designed to support loads. Ropes are used for lifting, carrying, and dragging. Ropes are stronger compared to string, twine, and cord. There are two main types of rope: plaited rope and endless winding rope. Cordage is made of rope and used to control the position and shape of ship and sails. Ropes are made of various materials, mainly, from natural and synthetic raw material. Ropes can also be made from steel. Synthetic ropes are lightweight and more durable. Nylon ropes are made from mono filaments. Ropes and cordages are used in various industries such as marine, fishing, oil, gas, and construction. Ropes and cordages are lightweight and high in strength. A multi stranded rope is more reliable and flexible as compared to single stranded ropes.

The ropes and cordages market is primarily driven by the growing marine and fishing industry. The market is also influenced by other factors such as product performance and capability to support load, and the raw material used to make the rope and cordage. Key drivers that have boosted the popularity of rope and cordage include increased demand for adventure and entertainment, sports & leisure activities, good quality raw materials, safety provided by the product, and rise in spending power of the population. In addition, rise in construction activity is also projected to increase the demand for rope and cordage. Increasing awareness regarding gymnasium and sports activities is expected to enhance revenue growth of the ropes and cordages market. However, lack of awareness and knowledge about product quality and key manufacturer is expected to be the major factor restraining the growth of the ropes and cordages market. In addition, unstable price of raw material is anticipated to challenge the market. Nevertheless, increasing demand for crude oil and therefore, growing oil and gas extraction activity is expected to create significant opportunity for the global ropes and cordages market.

The global ropes and cordages market can be classified based on raw material, twist type, end-user industry, and region. Based on raw material, the ropes and cordages market can be segmented into natural raw material (jute and manila hemp), and synthetic raw material (polypropylene, polyester, polyethylene and specialty fiber). In terms of twist type, the ropes and cordages market can be classified into strand braided rope, double braided rope, and turbo braided rope. Based on end-user industry, the ropes and cordages market can be segmented into marine & fishing, packaging, sports & leisure, oil & gas, construction, and others such as household and crane. The global ropes and cordages market can be segmented into North America (U.S., Canada and Mexico), Europe (Germany, Italy, U.K., Russia and Spain), Asia Pacific (China, Japan, India, South Korea, and Singapore), Middle East & Africa, and South America.

Some of major players operating in the ropes and cordages market include Cortland Limited, Samson Rope Technologies, Inc., Southern Ropes, WireCo WorldGroup, Marlow Ropes Ltd, Lanex A.S., Bridon-Bekaert Ropes Group, Yale Cordage Inc., Teufelberger Holding AG, English Braids Ltd., Actuant Corporation, Atlantic Braids Ltd., Bexco nv-sa (Bexco), Responsive Industries Ltd., Touwfabriek Langman B.V., Tokyo Rope, Kiswire, Jiangsu Langshan, Guizhou, Fasten Group, Jiangsu Shenwang, Shinko, Xianyang Bamco, Jiangsu Safety, Gustav Wolf, Ansteel Wire Rope, YoungHeung, PFEIFER, Hubei Fuxing, Redaelli, Haggie, and Brugg. Manufacturers are focusing on acquisition to maximize their coverage. They are also making efforts to expand their business in various regions. Moreover, top players are undertaking efforts to enhance their product quality with the introduction of new designs such as ropes and cordages with waterproof and durable materials. This is likely to lead to the introduction of many advanced products in the market during the forecast period.

The report offers a comprehensive evaluation of the market. It does so via in-depth qualitative insights, historical data, and verifiable projections about market size. The projections featured in the report have been derived using proven research methodologies and assumptions. By doing so, the research report serves as a repository of analysis and information for every facet of the market, including but not limited to: Regional markets, technology, types, and applications.

The study is a source of reliable data on:

  • Market segments and sub-segments
  • Market trends and dynamics
  • Supply and demand
  • Market size
  • Current trends/opportunities/challenges
  • Competitive landscape
  • Technological breakthroughs
  • Value chain and stakeholder analysis

The regional analysis covers:

  • North America (U.S. and Canada)
  • Latin America (Mexico, Brazil, Peru, Chile, and others)
  • Western Europe (Germany, U.K., France, Spain, Italy, Nordic countries, Belgium, Netherlands, and Luxembourg)
  • Eastern Europe (Poland and Russia)
  • Asia Pacific (China, India, Japan, ASEAN, Australia, and New Zealand)
  • Middle East and Africa (GCC, Southern Africa, and North Africa)

The report has been compiled through extensive primary research (through interviews, surveys, and observations of seasoned analysts) and secondary research (which entails reputable paid sources, trade journals, and industry body databases). The report also features a complete qualitative and quantitative assessment by analyzing data gathered from industry analysts and market participants across key points in the industry’s value chain.

A separate analysis of prevailing trends in the parent market, macro- and micro-economic indicators, and regulations and mandates is included under the purview of the study. By doing so, the report projects the attractiveness of each major segment over the forecast period.

Highlights of the report:

  • A complete backdrop analysis, which includes an assessment of the parent market
  • Important changes in market dynamics
  • Market segmentation up to the second or third level
  • Historical, current, and projected size of the market from the standpoint of both value and volume
  • Reporting and evaluation of recent industry developments
  • Market shares and strategies of key players
  • Emerging niche segments and regional markets
  • An objective assessment of the trajectory of the market
  • Recommendations to companies for strengthening their foothold in the market    

Note: Although care has been taken to maintain the highest levels of accuracy in TMR’s reports, recent market/vendor-specific changes may take time to reflect in the analysis.

.