Lifting Hooks Market to Witness a Healthy CAGR of 4.03% with USD 231.86 Billion by 2032

The Lifting Hooks Market size is projected to be valued at USD 158.14 million in 2022 and is expected to rise to USD 231.86 million by 2032. The market is expected to register a CAGR of 4.03% during the forecast period from 2023 to 2032.

𝐄𝐱𝐩𝐥𝐨𝐫𝐞 𝐅𝐫𝐞𝐞 𝐒𝐚𝐦𝐩𝐥𝐞 𝐏𝐃𝐅 𝐑𝐞𝐩𝐨𝐫𝐭: https://www.polarismarketresearch.com/industry-analysis/lifting-hooks-market/request-for-sample

𝐕𝐚𝐫𝐢𝐨𝐮𝐬 𝐟𝐚𝐜𝐭𝐨𝐫𝐬 𝐩𝐫𝐨𝐩𝐞𝐥𝐥𝐢𝐧𝐠 𝐭𝐡𝐞 𝐝𝐞𝐦𝐚𝐧𝐝 𝐟𝐨𝐫 𝐥𝐢𝐟𝐭𝐢𝐧𝐠 𝐡𝐨𝐨𝐤𝐬 𝐢𝐧𝐜𝐥𝐮𝐝𝐞:

● The growing introduction of lifting hooks with improved safety features such as anti-slip coatings, self-locking mechanisms, and load indicators is among the primary factors boosting the global market's growth.

● Growing advancements in materials science have led to the development of lightweight yet high-strength materials for lifting hooks and the surging popularity of these materials due to their ability to improve the lifting hook's overall performance.

● There is a rising demand for high-quality and efficient lifting equipment across various industries, including mining, power generation, and oil and gas.

𝐓𝐨𝐩 𝐂𝐨𝐦𝐩𝐚𝐧𝐢𝐞𝐬:

The market is anticipated to be competitive and fragmented due to the existence of numerous firms. Some of the leading companies in the lifting hooks market:

• Columbus
• McKinnon
• Irizar Forge
• Pewag Group
• Peerless Industrial Group
• Crosby Group
• TOHO-Rongkee
• Van Beest
• Stamperia Carcano Guiseppe
• Yoke
• Ketten Walder
• Gunnebo Industries
• RUD Chains
• Terrier Lifting Clamps
• PWB Anchor Limited
• KITO Corporation
• McKissick Products
• Cambell Chain Company.

𝐁𝐮𝐲 𝐭𝐡𝐢𝐬 𝐏𝐫𝐞𝐦𝐢𝐮𝐦 𝐑𝐞𝐬𝐞𝐚𝐫𝐜𝐡 𝐑𝐞𝐩𝐨𝐫𝐭: https://www.polarismarketresearch.com/buy/2679/2

𝐒𝐞𝐠𝐦𝐞𝐧𝐭𝐚𝐥 𝐁𝐫𝐞𝐚𝐤𝐝𝐨𝐰𝐧:

The market is mainly segmented based on type, working load, industry, and region. According to type research, the eye hooks segment will hold the largest market share in 2022. With increasing awareness about workplace safety and the importance of compliance with lifting regulations, the demand for high-quality and certified eye hooks will also rise at a significant pace.

Furthermore, based on the working load analysis, in 2022, the 12 to 23-ton segment held the maximum lifting hooks market revenue share, increasing the demand for lifting hooks in the 12 to 23-ton capacity range, along with easy compliance with safety regulations and standards regarding the use of specific lifting hooks suitable for the desired load capacity worldwide.

𝐖𝐡𝐚𝐭 𝐀𝐫𝐞 𝐋𝐢𝐟𝐭𝐢𝐧𝐠 𝐇𝐨𝐨𝐤𝐬?

A lifting clip is a tool used to grasp and raise objects with the help of a crane or hoist. Typically, it has a safety pin to keep the lifting wire string chain, sling, or cord that the weight is tied to from disengaging. To increase the lifting force, a hook may have one or more pulley sheaves integrated into it, acting as a block and tackle.

𝐂𝐥𝐢𝐜𝐤 𝐡𝐞𝐫𝐞 𝐭𝐨 𝐀𝐜𝐜𝐞𝐬𝐬 𝐭𝐡𝐞 𝐅𝐮𝐥𝐥 𝐑𝐞𝐩𝐨𝐫𝐭: https://www.polarismarketresearch.com/industry-analysis/lifting-hooks-market

𝐑𝐞𝐠𝐢𝐨𝐧𝐚𝐥 𝐋𝐚𝐧𝐝𝐬𝐜𝐚𝐩𝐞:

• North America (U.S., Canada)

• Europe (France, Germany, UK, Italy, Netherlands, Spain, Russia)

• Asia Pacific (Japan, China, India, Malaysia, Indonesia. South Korea)

• Latin America (Brazil, Mexico, Argentina)

• Middle East & Africa (Saudi Arabia, UAE, Israel, South Africa)

𝐃𝐢𝐬𝐜𝐨𝐯𝐞𝐫 𝐀𝐝𝐝𝐢𝐭𝐢𝐨𝐧𝐚𝐥 𝐈𝐧𝐬𝐢𝐠𝐡𝐭𝐬 𝐛𝐲 𝐄𝐱𝐩𝐥𝐨𝐫𝐢𝐧𝐠 𝐑𝐞𝐥𝐚𝐭𝐞𝐝 𝐑𝐞𝐩𝐨𝐫𝐭𝐬:

𝐒𝐲𝐧𝐭𝐡𝐞𝐭𝐢𝐜 𝐑𝐮𝐛𝐛𝐞𝐫 𝐌𝐚𝐫𝐤𝐞𝐭: https://www.rubberworld.com/news.asp
Synthetic Rubber Market: https://vnrubbergroup.com/tin-tuc/Tyre-non-tyre-applications-drive-synthetic-rubber-market-to-reach-US-46-7-bn-by

𝐃𝐢𝐬𝐚𝐬𝐭𝐞𝐫 𝐑𝐞𝐜𝐨𝐯𝐞𝐫 𝐒𝐞𝐫𝐯𝐢𝐜𝐞 𝐌𝐚𝐫𝐤𝐞𝐭 : https://www.missioncriticalmagazine.com/articles/93528-disaster-recovery-as-a-service-market-worth-233-billion-by-2027

𝐅𝐥𝐚𝐦𝐞 𝐑𝐞𝐭𝐚𝐫𝐝𝐚𝐧𝐭 𝐀𝐩𝐩𝐚𝐫𝐞𝐥 𝐌𝐚𝐫𝐤𝐞𝐭: https://www.textileexcellence.com/news/flame-retardant-apparel-market-size-will-reach-us-5-11-billion-by-2027/

𝐅𝐥𝐚𝐦𝐞 𝐑𝐞𝐭𝐚𝐫𝐝𝐚𝐧𝐭 𝐀𝐩𝐩𝐚𝐫𝐞𝐥 𝐌𝐚𝐫𝐤𝐞𝐭: https://textilevaluechain.in/2021/03/15/flame-retardant-apparel-market-size-worth-5-11-billion-by-2027-cagr-6-7/

𝐂𝐨𝐧𝐭𝐚𝐜𝐭 𝐈𝐧𝐟𝐨:

Polaris Market Research
30 Wall Street, 8th Floor,
New York City, NY 10005,
United States
Phone:+1-929 297-9727
Email: sales@polarismarketresearch.com

𝐀𝐛𝐨𝐮𝐭 𝐔𝐬:

Polaris Market Research is a worldwide market research and consulting organization. We give unmatched nature of offering to our customers present all around the globe across industry verticals. Polaris Market Research has expertise in giving deep-dive market insight along with market intelligence to our customers spread crosswise over various undertakings. We at Polaris are obliged to serve our different client base present over the enterprises of medicinal services, healthcare, innovation, next-gen technologies, semi-conductors, chemicals, automotive, and aerospace & defence, among different ventures present globally.

This release was published on openPR.