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Steel Wire Rope And Plastic Rope Market Analysis, Trends, Growth, Research And Forecast 2032
Steel Wire Rope And Plastic Rope Market
Steel Wire Rope And Plastic Rope Market Size, Growth Rate, And Forecast
The global steel wire rope and plastic rope market size is expected to grow from $12.22 billion in 2022 to $13.14 billion in 2023 at a compound annual growth rate (CAGR) of 7.5%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The global steel wire rope and plastic rope market size is expected to reach $16.86 billion in 2027 at a CAGR of 6.4%.
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Steel Wire Rope And Plastic Rope Market Drivers
The increasing fishing job and industry is expected to propel the growth of the steel wire rope and plastic rope market forward. The fishing industry refers to the economic sector that involves the catching, processing, marketing, and selling of fish and other aquatic resources, such as crustaceans, mollusks, and seaweed. Steel wire ropes and plastic ropes are widely used in the fishing industry for making nets due to their high strength and durability.
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Steel Wire Rope And Plastic Rope Market Segments
• By Type Of Lay: Regular Lay, Lang Lay
• By Material Type: Polypropylene, Polyester, Nylon, HMPE (High Modulus Polyethylene), Specialty Fibers
• By Application: Marine And Fishing, Sports And Leisure, Oil And Gas, Industrial And Crane, Mining, Construction, Other Applications
• By Geography: Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. Asia-Pacific was the largest region in the steel wire rope and plastic rope market.
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Steel Wire Rope And Plastic Rope Market Key Players
Major competitors in the steel wire rope and plastic rope market include N.V. Bekaert S.A., Cortland Limited, English Braids Ltd., Jiangsu Langshan Wire Rope Co. Ltd., Marlow Ropes Ltd., Samson Rope Technologies Inc., Southern Ropes Pty Ltd., Teufelberger Holding AG, Usha Martin Ltd., Sandin Manufacturing Inc.
The Business Research Company's "Global Steel Wire Rope And Plastic Rope Market Report 2023" is a comprehensive report of the market, covering over 60 geographies and high level market segmentation per geography. The section on regional and country breakdowns examines the market in each geography as well as market size by region and country. Furthermore, it evaluates the market's historical and projected growth and identifies significant trends and strategies that businesses can use to expand their operations.
The Table Of Content For The Steel Wire Rope And Plastic Rope Market Include:
1. Executive Summary
2. Steel Wire Rope And Plastic Rope Market Characteristics
3. Steel Wire Rope And Plastic Rope Market Trends And Strategies
4. Steel Wire Rope And Plastic Rope Market - Macro Economic Scenario
5. Steel Wire Rope And Plastic Rope Market Size And Growth
……
26. Africa Steel Wire Rope And Plastic Rope Market
27. Steel Wire Rope And Plastic Rope Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The Steel Wire Rope And Plastic Rope Market
29. Steel Wire Rope And Plastic Rope Market Future Outlook and Potential Analysis
30. Appendix
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