UK Rope Market Size & Outlook, 2021-2030
UK rope market, 2018-2030 (US$M)
Related Markets
UK rope market highlights
- The UK rope market generated a revenue of USD 424.8 million in 2021 and is expected to reach USD 842.2 million by 2030.
- The UK market is expected to grow at a CAGR of 7.9% 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 424.8 million |
| Market revenue in 2030 | USD 842.2 million |
| Growth rate | 7.9% (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, UK accounted for 3.5% 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 Europe, UK rope market is projected to lead the regional market in terms of revenue in 2030.
- UK is the fastest growing regional market in Europe and is projected to reach USD 842.2 million by 2030.
Key Regions: U.S. , Brazil , China , India , South Africa
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Rope Market Scope
Rope Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
UK 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 60.9% in 2021. Horizon Databook has segmented the UK rope market based on industrial, commercial, residential covering the revenue growth of each sub-segment from 2018 to 2030.
The growth of the U.K. rope market is attributed to the wide usage of ropes across various industries, such as construction, marine & fishing, oil & gas, and mining.
Ocean shipping is a part of a larger maritime cluster in its position as buyer and customer. The shipping sector uses ports, terminals, and logistics services that extensively use polypropylene rope, polyester rope, jute rope, and steel wire rope.
In June 2022, Bridon-Bekaert Ropes Group started offering Dyform 36LR PI+, a multi-layer, high-performance, compact rope. The product has an extruded plastic that distributes between the rope core and the 18 outside strands. This rope is ideal for foundation-making equipment and marine deck cranes.
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Target buyers of UK 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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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 UK rope market , including forecasts for subscribers. This country databook contains high-level insights into UK rope market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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UK rope market size, by end user, 2018-2030 (US$M)
UK Rope Market Outlook Share, 2021 & 2030 (US$M)
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