Market revenue in 2021 | USD 2,166.2 million |
Market revenue in 2030 | USD 4,253.4 million |
Growth rate | 7.8% (CAGR from 2021 to 2030) |
Largest segment | Industrial |
Fastest growing segment | Commercial |
Historical data covered | 2018 - 2020 |
Base year for estimation | 2021 |
Forecast period covered | 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 |
No credit card required*
Name | Profile | # Employees | HQ | Website |
---|
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 62.84% in 2021. Horizon Databook has segmented the Europe rope market based on industrial, commercial, residential covering the revenue growth of each sub-segment from 2018 to 2030.
Increasing marine and fishing business across European countries is anticipated to result in increased demand for synthetic ropes over the forecast period. Products pertaining to high tensile strength as well as longer durability have managed to replace steel wires in many forms and applications.
The construction sector is of vital importance to the European economy. According to Europa, construction production increased by 3.9% in Europe in January 2022 compared with December 2021; in the euro area, construction production also grew by 3.9%.
The presence of major automotive manufacturers such as Aston Martin, Bentley, Caterham Cars, Daimler, and Jaguar has increased the demand for rope in the European market.
Horizon Databook provides a detailed overview of continent-level data and insights on the Europe rope market , including forecasts for subscribers. This continent databook contains high-level insights into Europe rope market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
Sign up and get instant basic access to databook, upgrade
when ready, or enjoy our
free plan indefinitely.
Included in Horizon account