Global Synthetic Rope Market Size & Outlook, 2023-2030
The synthetic rope industry worldwide is expected to reach a projected revenue of US$ 1,804.5 million by 2030. A compound annual growth rate of 8.4% is expected of the worldwide synthetic rope industry from 2024 to 2030.
Revenue, 2023 (US$M)
$1,025.2
Forecast, 2030 (US$M)
$1,804.5
CAGR, 2024 - 2030
8.4%
Report Coverage
Worldwide
Global synthetic rope market, 2018-2030 (US$M)
Global synthetic rope market highlights
- The global synthetic rope market generated a revenue of USD 1,025.2 million in 2023 and is expected to reach USD 1,804.5 million by 2030.
- The market is expected to grow at a CAGR (2024 - 2030) of 8.4% by 2030.
- In terms of segment, polyprepelyn accounted for a revenue of USD 1,025.2 million in 2023.
- Polyprepelyn is the most lucrative type segment registering the fastest growth during the forecast period.
- In terms of region, Asia Pacific was the largest revenue generating market in 2023.
Global data book summary
| Market revenue in 2023 | USD 1,025.2 million |
| Market revenue in 2030 | USD 1,804.5 million |
| Growth rate | 8.4% (CAGR from 2023 to 2030) |
| Largest segment | Polyprepelyn |
| Fastest growing segment | Polyprepelyn |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Polyprepelyn |
Other key industry trends
- In terms of revenue, the North America accounted for 11.4% of the global synthetic rope market in 2023.
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Synthetic Rope Market Scope
Synthetic rope market segmentation & scope
Application
Marine & Fishing
Oil & Gas
Industrial Construction
Others
Countries
U.S.
UK
Germany
France
Japan
China
India
ANZ
Brazil
South Africa
Synthetic Rope Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Global synthetic rope market size, by regions, 2018-2030 (US$M)
Related regional statistics
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