Press release
HMPE (High Modulus Polyethylene) Ropes Market To Witness the Highest Growth Globally in Coming Years 2021-2027 - Lankhorst(WireCo), Samson, Bridon, English Braids, Marlow Ropes
In 2020, the global HMPE (High Modulus Polyethylene) Ropes market size was US$ 248 million and it is expected to reach US$ 462 million by the end of 2027, with a CAGR of 9.5% during 2021-2027.24th Sept 2021 (Market Insights Reports): HMPE (High Modulus Polyethylene) Ropes Market research reports 2021-2026. A detailed study accumulated to offer the Latest insights about acute features of the Global HMPE (High Modulus Polyethylene) Ropes market. This report provides a detailed overview of key factors in the HMPE (High Modulus Polyethylene) Ropes Market and factors such as driver, restraint, past, and current trends, regulatory scenarios, and technology development. The impact of the COVID-19 outbreak on the industry was fully assessed. Completely risk assessment and industry recommendations were made for HMPE (High Modulus Polyethylene) Ropes in a special period. This report also compares the markets of Pre COVID-19 and Post COVID-19.
This report elaborates the market size, revenue, and growth of the HMPE (High Modulus Polyethylene) Ropes industry, and breaks it down according to the type, application, and consumption area of HMPE (High Modulus Polyethylene) Ropes. The report also conducted a PESTEL analysis of the industry to study the industry's main influencing factors and entry barriers.
Some of the key players profiled in the study are:
Lankhorst(WireCo), Samson, Bridon, English Braids, Marlow Ropes, Katradis, Southern Ropes, Taizhou Hongda, Jiangsu Shenyun, Hunan Zhongtai, Ningbo Dacheng, Rope Technology, Juli Sling, among others.
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Market Insights
HMPE is comprised of extremely long molecules (chains) of polyethylene oriented in the same direction, which results in large areas of overlap between the molecules. This overlap greatly increases the bond between the molecules and thereby, the strength of the fiber is greatly increased. When the rope is manufactured using this fiber, extremely high strengths can be achieved. Dyneema is the premium brand for High Modulus Polyethylene fiber.
HMPE (High Modulus Polyethylene), also known as UHMWPE (Ultra High Molecular Weight Polyethylene) or HPPE (High-Performance PolyEthylene), is a polyolefin resin of very high molecular weight (mass) usually between 2 and 6 million g/mol with extremely long chains produced by gel spinning (wet or dry methods). The longer chain serves to transfer load more effectively to the polymer backbone by strengthening intermolecular interactions. This results in a very tough material, with the highest impact strength of any thermoplastic presently made.
HMPE is odorless, tasteless, and nontoxic. It is highly resistant to corrosive chemicals except for oxidizing acids, has extremely low moisture absorption (Hydrophobic), very low coefficient of friction, is self-lubricating, and is highly resistant to abrasion, in some forms being 15 times more resistant to abrasion than carbon steel. Its coefficient of friction is significantly lower than that of nylon and acetal and is comparable to that of polytetrafluoroethylene (PTFE, Teflon), but HMPE has better abrasion resistance than PTFE. HMPE material floats in water thus gaining another advantage over many other materials such as Polyester, Nylon, Aramids, and LCP.
HMPE ropes are increasingly replacing steel and conventional fibers in the shipping and offshore businesses of oil & gas, aquaculture, windmills, and cables and lately, experimentally, in ships cranes. These high-performance ropes are stronger than steel and ~1/8 of the weight of comparable steel wires.
Global HMPE (High Modulus Polyethylene) Ropes key players include Lankhorst(WireCo), Samson, Taizhou Hongda, Bridon, etc. Global top four manufacturers hold a share of over 30%.
China is the largest market, with a share of over 30%, followed by Europe, and North America, both have a share of about 40 percent.
In terms of product, 12 Strand is the largest segment, with a share of over 45%. And in terms of application, the largest application is Ocean, followed by Leisure, Industrial, Aviation and Military, etc.
Market Segmentation & Scope
The Most important types of HMPE (High Modulus Polyethylene) Ropes covered in this report are:
3 Strand
8 Strand
12 Strand
Others
The Most widely used downstream fields of HMPE (High Modulus Polyethylene) Ropes market covered in this report are:
Industrial
Ocean
Leisure
Aviation and Military
Other
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Region Included are: North America, Europe, Asia Pacific, Oceania, South America, Middle East & Africa
Country Level Break-Up: United States, Canada, Mexico, Brazil, Argentina, Colombia, Chile, South Africa, Nigeria, Tunisia, Morocco, Germany, United Kingdom (UK), the Netherlands, Spain, Italy, Belgium, Austria, Turkey, Russia, France, Poland, Israel, United Arab Emirates, Qatar, Saudi Arabia, China, Japan, Taiwan, South Korea, Singapore, India, Australia, and New Zealand, etc.
Influence of the HMPE (High Modulus Polyethylene) Ropes market report:
-Comprehensive assessment of all opportunities and risks in the HMPE (High Modulus Polyethylene) Ropes market.
-HMPE (High Modulus Polyethylene) Ropes market recent innovations and major events.
-Detailed study of business strategies for growth of the HMPE (High Modulus Polyethylene) Ropes market-leading players.
-Conclusive study about the growth plot of the HMPE (High Modulus Polyethylene) Ropes market for forthcoming years.
-In-depth understanding of HMPE (High Modulus Polyethylene) Ropes market-particular drivers, constraints, and major micro markets.
-Favorable impression inside vital technological and market latest trends striking the HMPE (High Modulus Polyethylene) Ropes market.
Strategic Points Covered in Table of Content of HMPE (High Modulus Polyethylene) Ropes Market:
Chapter 1: Introduction, market driving force product Objective of Study and Research Scope the Global HMPE (High Modulus Polyethylene) Ropes market (2021-2026)
Chapter 2: Exclusive Summary – the basic information of the Global HMPE (High Modulus Polyethylene) Ropes Market
Chapter 3: Changing Impact on Market Dynamics- Drivers, Trends and Challenges & Opportunities of the Global HMPE (High Modulus Polyethylene) Ropes; Post COVID Analysis
Chapter 4: Presenting the Global HMPE (High Modulus Polyethylene) Ropes Market Factor Analysis, Post COVID Impact Analysis, Porter's Five Forces, Supply/Value Chain, PESTEL analysis, Market Entropy, Patent/Trademark Analysis.
Chapter 5: Displaying the by Type, End-User and Region/Country 2016-2020
Chapter 6: Evaluating the leading manufacturers of the Global HMPE (High Modulus Polyethylene) Ropes Market which consists of its Competitive Landscape, Peer Group Analysis, BCG Matrix & Company Profile
Chapter 7: To evaluate the market by segments, by countries, and by Manufacturers/companies with revenue share and sales by key countries in these various regions (2021-2026)
… To be continued
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Customization of the Report: This report can be customized as per your needs for additional data up to 5 companies or 5 countries or nearly 40 analyst hours.
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MarketInsightsReports provides syndicated market research on industry verticals including Healthcare, Information, and Communication Technology (ICT), Technology and Media, Chemicals, Materials, Energy, Heavy Industry, etc. MarketInsightsReports provides global and Chinese and regional market intelligence coverage, a 360-degree market view which includes statistical forecasts, competitive landscape, detailed segmentation, key trends, and strategic recommendations.
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