India Rope Market Size & Outlook, 2021-2030
India rope market, 2018-2030 (US$M)
Related Markets
India rope market highlights
- The India rope market generated a revenue of USD 989.6 million in 2021 and is expected to reach USD 1,855.1 million by 2030.
- The India market is expected to grow at a CAGR of 7.2% 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 989.6 million |
| Market revenue in 2030 | USD 1,855.1 million |
| Growth rate | 7.2% (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, India accounted for 8.0% 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 , China , South Africa
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Rope Market Scope
Rope Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
India 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 63.61% in 2021. Horizon Databook has segmented the India rope market based on industrial, commercial, residential covering the revenue growth of each sub-segment from 2018 to 2030.
The increasing infrastructure activity in India is expected to boost the demand for ropes in the market. According to the India Brand Equity Foundation in June 2022, India plans to spend USD 1.4 trillion on infrastructure through the National Infrastructure Pipeline in the next five years.
A prominent trend that is gaining traction in the steel wire market is the introduction of new products and product improvements. Companies in the market are concentrating on introducing brand-new, cutting-edge steel wires.
For instance, the Steel Authority of India's IISCO Steel Plant Burnpur (SAIL-ISP), an Indian manufacturer of steel products, introduced a premium line of wire rod products in 2020 as part of its efforts to increase market share across numerous industries and meet the expanding demands of its clients.
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Target buyers of India 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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Horizon Databook provides a detailed overview of country-level data and insights on the India rope market , including forecasts for subscribers. This country databook contains high-level insights into India rope market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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India rope market size, by end user, 2018-2030 (US$M)
India Rope Market Outlook Share, 2021 & 2030 (US$M)
Related regional statistics
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