The global market size for steel cables and plastic cables is
New York, May 10, 2021 (GLOBE NEWSWIRE) – Reportlinker.com Announces the Publication of the report “Steel Rope and Plastic Rope Market by Laying Type, Material Type, Application Region – Global Forecast to 2026 “- https: / /www.reportlinker.com/p05806378/?utm_source=GNW
However, the global pandemic disease COVID-19 has disrupted the operations of various end applications, reducing the demand for steel cables and plastic cables in 2020.
The regular lay type is the fastest growing type of lay for steel wire, in terms of value.
Regular lay ropes are more resistant to crushing forces, more naturally resistant to rotation, and wrap better in a drum than long lay ropes. They are used for various applications, such as industry and crane, mining, oil and gas, construction and fishing and marine.
Polyester material type is the fastest growing type of plastic rope material, in terms of value.
Polyester ropes are widely used for boat lines and sailing applications because they offer good strength, durability, relatively low elasticity and reasonable prices.Polyester ropes have good UV resistance and unlike the nylon, they retain their strength in wet conditions.
Unlike nylon or polypropylene, polyester is not stretchable, it is typically used as an outer covering on a UV sensitive Kevlar core cord.
Some of the downsides of polyester ropes are that they are not suitable if the load is prone to jerking. They do not provide resistance like nylon ropes.
For many applications, polyester can only be used as an outer protective layer, as it exhibits excellent abrasion resistance. Polyester ropes are often used for winches, capstans, blocks and hoists. They have low elasticity and low creep
Sports & Leisure is the fastest growing application for steel cables and plastic ropes, in terms of value.
In sports and recreation applications, plastic ropes are used in racing cars, exercise machines, camera flight platforms, static lines, acrobatic rigging, tie-downs and rope cords. ‘accessories.HMPE fiber tent shine line, glider lines, kite surf line, Safety ropes, climbing ropes, fitness ropes, parachute ropes and camping ropes are some other types of plastic ropes used in this industry.
Various plastic ropes are used, polypropylene, polyester, nylon and others, as well as in the film industry to control camera lines.
The market for this application has potential for growth during the forecast period, as the ropes also help in rescue and safety operations during any sport activity.
APAC is the fastest growing market for steel cables and plastic cables.
APAC is expected to register the highest CAGR in terms of value in the global steel cable and plastic cable market during the forecast period. in this region is supported by the resumption of end use. industries, advancement of industrial technological solutions.
The steel cable market in the APAC region is driven by growing consumption in the industrial and crane, mining and construction sectors. Increased urbanization and industrial development in countries like China, India and Japan are also boosting the region’s market.
Due to COVID-19, many industries and companies have suspended production sites in various countries, resulting in reduced demand for steel cables and plastic cables in APAC countries. The resumption of end-use applications with the restoration of the supply chain would boost the demand for steel cables and plastic cables during the forecast period.
This study has been validated by primaries conducted with various industry experts around the world. These primary sources have been divided into the following three categories:
• By type of business – Level 1 at 40%, Level 2 at 33% and Level 3 at 27%
• By designation – level C – 50%, director level – 20% and others – 30%
• By region – North America – 20%, Europe – 50%, APAC – 15%, Latin America – 5%, MEA – 10%,
The report provides a comprehensive analysis of the company profiles listed below:
• Cortland Limited (United States)
• WireCo WorldGroup Inc., (United States)
• Samson Rope Technologies (United States)
• Southern Ropes (South Africa)
• English Braids Ltd. (UK)
• Marlow Ropes (United Kingdom)
• Teufelberger Holding AG (Austria)
• Bekaert SA (Belgium)
• Usha Martin (India)
• Gustav Wolf (Germany)
This report covers the global Steel Rope and Plastic Rope market and forecasts the market size till 2026. The report includes market segmentation – Steel Rope; By type of pose (regular pose and tongue pose), plastic rope; By material type (polypropylene, polyester, nylon, HMPE and specialty fibers), application (marine and fishing, sports and recreation, oil and gas, industry and crane, mining, construction and others) and region (Europe, North America , APAC, Latin America and MEA).
Porter’s five forces analysis, along with the drivers, restraints, opportunities, and challenges, are discussed in the report. steel wire rope and plastic rope
Main advantages of purchasing the report:
The report will assist the market leaders / new entrants in this market in the following ways:
1. This report segments the global steel wire ropes and plastic ropes market comprehensively and provides the closest revenue approximations for the overall market and sub-segments in different verticals and regions.
2. The report helps stakeholders understand the market pulse of Steel Rope and Plastic Rope and provides them with information on the major market drivers, restraints, challenges, and opportunities.
3. This report will help stakeholders to better understand the competitors and obtain more information to improve their position in their business. The competitive landscape section includes the competitor ecosystem, new product development, deals and acquisitions.
Reasons to buy the report:
The report will assist the market leaders / new entrants in this market by providing them with the closest approximations of revenue for the entire Steel Rope and Plastic Rope market and sub-segments. more information and better position their activities and market strategies.
The report will also help stakeholders understand the pulse of the market and provide them with insights into the major market drivers, restraints, challenges, and opportunities.
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