Latin America Synthetic Rope Market: Market Estimation, Dynamics, Regional Share, Trends, Competitor Analysis 2017-2021 and Forecast 2022-2028

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Latin America Synthetic Rope Market: By Material Type (Nylon, Polyester, Polyethylene, Polypropylene and Specialty Fibers), End User (Sports, Oil & Gas, Mining, Marine & Fishing, Cranes, Building & Construction and Others) and Geography

 

 

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Report

Description

The Latin America synthetic rope market size was expected to be valued at USD 1,638.2 million in 2021 and is expected to grow at a CAGR of 6.1% during the forecast period 2022 to 2028. The Latin America market provides a detailed overview of the Latin America synthetic rope market, and that can be segmented by material type and by end user. By material type, the Latin America synthetic rope market has been segmented into Nylon, Polyester, Polyethylene, Polypropylene and Specialty Fibers. The Polyester segment is likely to be the largest and fastest-growing segment in terms of type in 2021 and is expected to maintain the trend in the forecasted years according to precision business insights. The polyester segment is growing at a faster rate due to high demand and unique properties. It has various applications in industries. The Oil & Gas segment accounts for the largest share in 2021 and is anticipated to register a significant CAGR in the upcoming years. . Moreover, high demand from emerging economies provides huge growth opportunity for the market. Furthermore, Latin America has a vast distribution network of synthetic ropes. By country, the Brazil is expected to witness the highest market share during the forecast period it holds a tremendous potential market for Latin America synthetic rope.

Key Development:

In Aug 2022, WireCo, the global manufacturer of mission-critical wire rope, announced the launch of its new line of Union Gladiator pendants.

Latin America Synthetic Rope Market

MARKET SUMMARY
-
6.1% CAGR
  • Study Period– 2022 – 2028
  • Base Year– 2021
  • CAGR– 6.1%

Latin America Synthetic Rope Market

  • Latin America Synthetic Rope market report gives comprehensive outlook on synthetic rope across the region with special emphasis on key countries such as Brazil, Mexico, Argentina, Venezuela and Rest of Latin America.
  • The report on Latin America synthetic rope market gives historical, current, and future market sizes (US$ Mn) on the basis of material type, end user and countries.
  • Key stakeholders of the Latin America synthetic rope market report include suppliers, manufacturers, marketers, policy makers, and healthcare service providers engaged in Latin America synthetic rope products.
Key Players
  • Bridon International Limited
  • Cortland Limited
  • English Braids Ltd
  • Honeywell International Inc.
  • Marlow Ropes
Latin America Synthetic Rope Market DRIVERS AND RESTRAINTS

High breaking strength, robust spooling capabilities, high strength to weight ratio, healthier grip & light weight and better abrasion resistance are anticipated to propel the market growth over the forecast years.


Latin America Synthetic Rope Market

Brazil accounted for larger revenue share in Latin America synthetic rope market with considerable CAGR. The growth can be attributed to rapidly growing urbanization together with coupled with modern construction and surge in construction activities.

Latin America
Latin-America
North-America
North-America
Europe
Europe
Asia Pacific
Asia-Pacific
Middle East
Middle East

Key

Findings of the Report

  • Latin America synthetic rope market expanding at significant CAGR over 2022 to 2028 owing to increasing demand for oil and gas extraction activities.
  • Based on material type, Polypropylene segment accounted for larger market revenue share in 2021 and projected gain market revenue share over the forecast period
  • Players focusing on innovation of newer products and collaboration strategies to retain market position in Latin America Synthetic Rope market

Key

Features of the Report

Latin America Synthetic Rope Market Segmentation


Location

GEOGRAPHY

Frequently Asked Questions

The fastest-growing segment of the Latin America synthetic rope market is Polyester due to its high demand in the market and unique properties.

 

 

The rapid advancements taking place in synthetic rope manufacturing would provide new opportunities in the future.

 

 

The players of Latin America are focusing on the growth strategies such as product launches to sustain in the global market.

 

 

Fluctuating prices of raw materials such as polyethylene may hamper the global market growth.


Report

Table Of Content

  1. Executive Summary
  2. Latin America Synthetic Rope Market Introduction

2.1. Latin America Synthetic Rope Market – Taxonomy

2.2. Latin America Synthetic Rope Market –Definitions

2.2.1. Material  Type

2.2.2. End User

  1. Latin America Synthetic Rope Market Dynamics

3.1. Drivers

3.2. Restraints

3.3. Opportunities/Unmet Needs of the Market

3.4. Trends

3.5. Latin America Synthetic Rope Market Dynamic Factors – Impact Analysis

3.6. Latin America Synthetic Rope Market – Competition Landscape

  1. Latin America Synthetic Rope Market Analysis, 2014 – 2018 and Forecast, 2019 – 2025

4.1. Market Analysis, 2014 – 2018 and Forecast, 2019 – 2025 (Revenue, USD Mn)

4.2. Year-over-Year (Y-o-Y) Growth Analysis (%)

4.3. Market Opportunity Analysis

  1. Latin America Synthetic Rope Market, By Material Type, 2014 – 2018 and Forecast, 2019 – 2025 (Revenue, USD Mn)

5.1. Nylon

5.1.1. Market Analysis, 2014 – 2018 and Forecast, 2019 – 2025 (Revenue, USD Mn)

5.1.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)

5.1.3. Market Opportunity Analysis

5.2. Polyester

5.2.1. Market Analysis, 2014 – 2018 and Forecast, 2019 – 2025 (Revenue, USD Mn)

5.2.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)

5.2.3. Market Opportunity Analysis

5.3. Polyethylene

5.3.1. Market Analysis, 2014 – 2018 and Forecast, 2019 – 2025 (Revenue, USD Mn)

5.3.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)

5.3.3. Market Opportunity Analysis

5.4. Polypropylene

5.4.1. Market Analysis, 2014 – 2018 and Forecast, 2019 – 2025 (Revenue, USD Mn)

5.4.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)

5.4.3. Market Opportunity Analysis

5.5. Specialty Fibers

5.5.1. Market Analysis, 2014 – 2018 and Forecast, 2019 – 2025 (Revenue, USD Mn)

5.5.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)

5.5.3. Market Opportunity Analysis

  1. Latin America Synthetic Rope Market Forecast, By End User, 2014 – 2018 and Forecast, 2019 – 2025

6.1. Sports

6.1.1. Market Analysis, 2014 – 2018 and Forecast, 2019 – 2025 (Revenue, USD Mn)

6.1.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)

6.1.3. Market Opportunity Analysis

6.2. Oil & Gas

6.2.1. Market Analysis, 2014 – 2018 and Forecast, 2019 – 2025 (Revenue, USD Mn)

6.2.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)

6.2.3. Market Opportunity Analysis

6.3. Mining

6.3.1. Market Analysis, 2014 – 2018 and Forecast, 2019 – 2025 (Revenue, USD Mn)

6.3.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)

6.3.3. Market Opportunity Analysis

6.4. Marine & Fishing

6.4.1. Market Analysis, 2014 – 2018 and Forecast, 2019 – 2025 (Revenue, USD Mn)

6.4.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)

6.4.3. Market Opportunity Analysis

6.5. Cranes

6.5.1. Market Analysis, 2014 – 2018 and Forecast, 2019 – 2025 (Revenue, USD Mn)

6.5.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)

6.5.3. Market Opportunity Analysis

6.6. Building & Construction

6.6.1. Market Analysis, 2014 – 2018 and Forecast, 2019 – 2025 (Revenue, USD Mn)

6.6.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)

6.6.3. Market Opportunity Analysis

6.7. Others

6.7.1. Market Analysis, 2014 – 2018 and Forecast, 2019 – 2025 (Revenue, USD Mn)

6.7.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)

6.7.3. Market Opportunity Analysis

  1. Latin America Synthetic Rope Market Forecast, By Country, 2014 – 2018 and Forecast, 2019 – 2025 (Revenue, USD Mn)

7.1. Brazil

7.1.1. Market Analysis, 2014 – 2018 and Forecast, 2019 – 2025 (Revenue, USD Mn)

7.1.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)

7.1.3. Market Opportunity Analysis

7.2. Mexico

7.2.1. Market Analysis, 2014 – 2018 and Forecast, 2019 – 2025 (Revenue, USD Mn)

7.2.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)

7.2.3. Market Opportunity Analysis

7.3. Argentina

7.3.1. Market Analysis, 2014 – 2018 and Forecast, 2019 – 2025 (Revenue, USD Mn)

7.3.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)

7.3.3. Market Opportunity Analysis

7.4. Venezuela

7.4.1. Market Analysis, 2014 – 2018 and Forecast, 2019 – 2025 (Revenue, USD Mn)

7.4.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)

7.4.3. Market Opportunity Analysis

7.5. Rest of Latin America

7.5.1. Market Analysis, 2014 – 2018 and Forecast, 2019 – 2025 (Revenue, USD Mn)

7.5.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)

7.5.3. Market Opportunity Analysis

7.6. Latin America Synthetic Rope Market – Opportunity Analysis Index, By Material  Type, End User and Country, 2019 – 2025

  1. Brazil Synthetic Rope Market Analysis, 2014 – 2018 and Forecast, 2019 – 2025 (Revenue, USD Mn)

8.1. Material  Type Analysis 2014 – 2018 and Forecast 2019 – 2025 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)

8.1.1. Nylon

8.1.2. Polyester

8.1.3. Polyethylene

8.1.4. Polypropylene

8.1.5. Specialty Fibers

8.2. End User Analysis 2014 – 2018 and Forecast 2019 – 2025 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)

8.2.1. Sports

8.2.2. Oil & Gas

8.2.3. Mining

8.2.4. Marine & Fishing

8.2.5. Cranes

8.2.6. Building & Construction

8.2.7. Others

8.3. Brazil Synthetic Rope Market – Opportunity Analysis Index, By Material  Type, End User and Country, 2019 – 2025

8.4. Brazil Synthetic Rope Market Dynamics – Trends

  1. Mexico Synthetic Rope Market Analysis, 2014 – 2018 and Forecast, 2019 – 2025 (Revenue, USD Mn)

9.1. Material  Type Analysis 2014 – 2018 and Forecast 2019 – 2025 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)

9.1.1. Nylon

9.1.2. Polyester

9.1.3. Polyethylene

9.1.4. Polypropylene

9.1.5. Specialty Fibers

9.2. End User Analysis 2014 – 2018 and Forecast 2019 – 2025 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)

9.2.1. Sports

9.2.2. Oil & Gas

9.2.3. Mining

9.2.4. Marine & Fishing

9.2.5. Cranes

9.2.6. Building & Construction

9.2.7. Others

9.3. Mexico Synthetic Rope Market – Opportunity Analysis Index, By Material  Type, End User and Country, 2019 – 2025

9.4. Mexico Synthetic Rope Market Dynamics – Trends

  1. Argentina Synthetic Rope Market Analysis, 2014 – 2018 and Forecast, 2019 – 2025 (Revenue, USD Mn)

10.1. Material  Type Analysis 2014 – 2018 and Forecast 2019 – 2025 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)

10.1.1. Nylon

10.1.2. Polyester

10.1.3. Polyethylene

10.1.4. Polypropylene

10.1.5. Specialty Fibers

10.2. End User Analysis 2014 – 2018 and Forecast 2019 – 2025 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)

10.2.1. Sports

10.2.2. Oil & Gas

10.2.3. Mining

10.2.4. Marine & Fishing

10.2.5. Cranes

10.2.6. Building & Construction

10.2.7. Others

10.3. Argentina Synthetic Rope Market – Opportunity Analysis Index, By Material  Type, End User and Country, 2019 – 2025

10.4. Argentina Synthetic Rope Market Dynamics – Trends

  1. Venezuela Synthetic Rope Market Analysis, 2014 – 2018 and Forecast, 2019 – 2025 (Revenue, USD Mn)

11.1. Material  Type Analysis 2014 – 2018 and Forecast 2019 – 2025 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)

11.1.1. Nylon

11.1.2. Polyester

11.1.3. Polyethylene

11.1.4. Polypropylene

11.1.5. Specialty Fibers

11.2. End User Analysis 2014 – 2018 and Forecast 2019 – 2025 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)

11.2.1. Sports

11.2.2. Oil & Gas

11.2.3. Mining

11.2.4. Marine & Fishing

11.2.5. Cranes

11.2.6. Building & Construction

11.2.7. Others

11.3. Venezuela Synthetic Rope Market – Opportunity Analysis Index, By Material  Type, End User and Country, 2019 – 2025

11.4. Venezuela Synthetic Rope Market Dynamics – Trends

  1. Rest of Latin America Synthetic Rope Market Analysis, 2014 – 2018 and Forecast, 2019 – 2025 (Revenue, USD Mn)

12.1. Material  Type Analysis 2014 – 2018 and Forecast 2019 – 2025 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)

12.1.1. Nylon

12.1.2. Polyester

12.1.3. Polyethylene

12.1.4. Polypropylene

12.1.5. Specialty Fibers

12.2. End User Analysis 2014 – 2018 and Forecast 2019 – 2025 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)

12.2.1. Sports

12.2.2. Oil & Gas

12.2.3. Mining

12.2.4. Marine & Fishing

12.2.5. Cranes

12.2.6. Building & Construction

12.2.7. Others

12.3. Rest of Latin America Synthetic Rope Market – Opportunity Analysis Index, By Material  Type, End User and Country, 2019 – 2025

12.4. Rest of Latin America Synthetic Rope Market Dynamics – Trends

  1. Competition Landscape

13.1. Strategic Dashboard of Top Market Players

13.2. Company Profiles (Introduction, Financial Analysis, Material  Type & Service Offerings, Key Developments, Strategies, and SWOT Analysis)

13.2.1. Bridon International Limited (U.K.)

13.2.2. Cortland Limited (U.S.)

13.2.3. English Braids Ltd (England)

13.2.4. Honeywell International Inc. (U.S.)

13.2.5. Marlow Ropes (U.K.)

13.2.6. Royal DSM (Netherlands)

13.2.7. Samson Rope Technologies (U.S.)

13.2.8. Teijin Aramid (Netherlands)

13.2.9. WireCo World Group (U.S.)

13.2.10. Yale Cordage Inc. (U.S)

  1. Research Methodology
  2. Key Assumptions and Acronyms

Report

Company Profile

  • Bridon International Limited (U.K.)
  • Cortland Limited (U.S.)
  • English Braids Ltd (England)
  • Honeywell International Inc. (U.S.)
  • Marlow Ropes (U.K.)
  • Royal DSM (Netherlands)
  • Samson Rope Technologies (U.S.)
  • Teijin Aramid (Netherlands)
  • WireCo World Group (U.S.)
  • Yale Cordage Inc. (U.S)

Description

The Latin America synthetic rope market size was expected to be valued at USD 1,638.2 million in 2021 and is expected to grow at a CAGR of 6.1% during the forecast period 2022 to 2028. The Latin America market provides a detailed overview of the Latin America synthetic rope market, and that can be segmented by material type and by end user. By material type, the Latin America synthetic rope market has been segmented into Nylon, Polyester, Polyethylene, Polypropylene and Specialty Fibers. The Polyester segment is likely to be the largest and fastest-growing segment in terms of type in 2021 and is expected to maintain the trend in the forecasted years according to precision business insights. The polyester segment is growing at a faster rate due to high demand and unique properties. It has various applications in industries. The Oil & Gas segment accounts for the largest share in 2021 and is anticipated to register a significant CAGR in the upcoming years. . Moreover, high demand from emerging economies provides huge growth opportunity for the market. Furthermore, Latin America has a vast distribution network of synthetic ropes. By country, the Brazil is expected to witness the highest market share during the forecast period it holds a tremendous potential market for Latin America synthetic rope.

Key Development:

In Aug 2022, WireCo, the global manufacturer of mission-critical wire rope, announced the launch of its new line of Union Gladiator pendants.

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