Steel Rope Market
Steel Rope Market Global Industry Assessment & Forecast
Segments Covered
- By Type Left Regular Lay, Left Lang Lay, Right Regular Lay
- By Application Oil and Gas, Fishing and Marine, Mining
Snapshot
Forecast Years: | 2021 - 2028 |
Historical Years: | 2016 - 2020 |
Revenue 2021: | 11.9 Billion |
Revenue 2028: | 17.5 Billion |
Revenue CAGR (2021 - 2028): | 8 |
Fastest Growing Region (2022 - 2028) | Asia-Pacific |
Customization Offered
- Cross-segment Market Size and Analysis for Mentioned Segments
- Additional Company Profiles (Upto 5 With No Cost)
- Additional Countries (Apart From Mentioned Countries)
- Country/Region-specific Report
- Go To Market Strategy
- Region Specific Market Dynamics
- Region Level Market Share
- Import Export Analysis
- Production Analysis
- Others Request Customization Speak To Analyst
Sr. No. | Offering | Report Coverage |
1. | Market Size | In terms of Revenue (USD Million) |
2. | Historic Data | 2015 to 2019 |
3. | Forecast Data | 2021 to 2028 |
4. | Market Drivers, Restraints, Opportunities, & Regional Market Trends | Yes |
5. | Market Attractiveness Analysis | Yes |
6. | Segment Analysis | Maximum Segments |
7. | Regional Coverage | 5 Regions |
8. | Country Coverage | Top 22 Countries |
9. | Competitive Landscape and Company Market Share Analysis | Yes. Exhaustive information will be provided in two separate chapters of Competitive Landscape and Company Profiles. |
10. | Porter’s Five Forces Analysis | Yes. |
11. | Value Chain Analysis | Yes |
12. | PEST Analysis | Yes |
13. | Regulatory Landscape | Yes |
14. | Technology Landscape | Yes |
15. | COVID-19 Impact Analysis | Yes. Exhaustive information for Key Strategies Undertaken by Companies, Impact Assessment of the COVID-19 Pandemic by Region, along with Short-term and Long-term dynamics. |
16. | Top startups to watch out for | Yes |
17. | Top 3 Trends to Watch | Yes |
18. | Top 3 Strategies Followed by Major Players | Yes |
19. | Top 3 Predictions by Vantage Market Research | Yes |
20. | Discussion Guide | Yes |
21. | Key Primary Respondents - VERBATIM | Yes |
22. | Transcripts from the Primary Respondents | Additional Cost USD 1,000 |
23. | Others/Miscellaneous |
FAQ
Frequently Asked Question
What is the global demand for Steel Rope in terms of revenue?
-
The global Steel Rope valued at 11.9 Billion in 2020 and is expected to reach 17.5 Billion in 2028 growing at a CAGR of 8%.
Which are the prominent players in the market?
-
The prominent players in the market are Tokyo Rope, Fasten Group, WireCo World Group, Jiangsu Langshan, Guizhou Wire Rope, Usha Martin, Bekaert, Kiswire, Xinri Hengli, Bridon..
At what CAGR is the market projected to grow within the forecast period?
-
The market is project to grow at a CAGR of 8% between 2021 and 2028.
What are the driving factors fueling the growth of the market?
-
The driving factors of the Steel Rope include
- The maximum applicability in the marine & fishing and mining sectors is driving factor for Steel Rope Market.
- Raw materials or plastic fibers, such as PE, PP, and nylon, used for manufacturing ropes are less in strength and less durable than steel which is another driving factor for Steel Rope Market.
Which region accounted for the largest share in the market?
-
Asia-Pacific was the leading regional segment of the Steel Rope in 2020.