China Rope Market Size & Outlook, 2021-2030
China rope market, 2018-2030 (US$M)
Related Markets
China rope market highlights
- The China rope market generated a revenue of USD 1,751.8 million in 2021 and is expected to reach USD 2,728.0 million by 2030.
- The China market is expected to grow at a CAGR of 5% from 2022 to 2030.
- In terms of segment, industrial was the largest revenue generating end user in 2021.
- Commercial is the most lucrative end user segment registering the fastest growth during the forecast period.
Rope market data book summary
| Market revenue in 2021 | USD 1,751.8 million |
| Market revenue in 2030 | USD 2,728.0 million |
| Growth rate | 5% (CAGR from 2021 to 2030) |
| Largest segment | Industrial |
| Fastest growing segment | Commercial |
| Historical data | 2018 - 2020 |
| Base year | 2021 |
| Forecast period | 2022 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Industrial, Commercial, Residential |
| Key market players worldwide | Adobe Inc, Southern Co, NV Bekaert SA, Teufelberger, WireCo WorldGroup, Yale Cordage, Marlow Ropes, Aimia Inc |
Other key industry trends
- In terms of revenue, China accounted for 14.2% of the global rope market in 2021.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Asia Pacific, China rope market is projected to lead the regional market in terms of revenue in 2030.
- India is the fastest growing regional market in Asia Pacific and is projected to reach USD 1,855.1 million by 2030.
Key Regions: U.S. , UK , Brazil , India , South Africa
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Rope Market Scope
Rope Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
China rope market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to rope market will help companies and investors design strategic landscapes.
Industrial was the largest segment with a revenue share of 65.23% in 2021. Horizon Databook has segmented the China rope market based on industrial, commercial, residential covering the revenue growth of each sub-segment from 2018 to 2030.
The high demand for steel wire ropes in China’s oil and gas industry is accelerating market growth. China was the fifth-largest petroleum and other liquids producer in the world in 2021.
Climbing nets are increasingly becoming an essential part of outdoor playgrounds and many amusement park areas have introduced climbing activities such as climbing nets. This is driving the demand for ropes of various kinds. In August 2022, Shandong Baron New Materials Co., Ltd. introduced low-cost, safe, and reliable climbing nets.
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Target buyers of China rope market databook
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Our clientele includes a mix of rope market companies, investment firms, advisory firms & academic institutions.
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30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.
Horizon Databook provides a detailed overview of country-level data and insights on the China rope market , including forecasts for subscribers. This country databook contains high-level insights into China rope market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
Partial client list
China rope market size, by end user, 2018-2030 (US$M)
China Rope Market Outlook Share, 2021 & 2030 (US$M)
Related regional statistics
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