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Middle East & Africa Synthetic Rope Market: By Material Type, By End User, and Geography
Middle East & Africa Synthetic Rope Market: By Material Type, By End User, and Geography
Middle East and Africa Synthetic Rope Market size was valued at US$ x million in 2023 and is poised to grow at a CAGR of x% from 2024 - 2030. High breaking strength, robust spooling capabilities, high strength-to-weight ratio, healthier grip & lightweight, and better abrasion resistance amongst others are some benefits for which synthetic ropes are being mostly used for trawling applications. It is extensively preferred in various industries, such as mining, building & construction, oil & gas, marine & fishing, and sports industry. It has been constantly attaining market approvals over the past few decades by replacing steel ropes. The world of high-performance synthetic rope is rapidly developing and becoming not only acceptable but preferred more and more in various industries. Hence, rising demand for synthetic ropes from various end-user industries increases the market growth. Some of the key factors responsible for the market growth include growth in awareness regarding sports, safety aspects of synthetic ropes, increasing demand for oil and gas extraction activities, increase in demand for crude oil, and growing demand for construction industries.
In addition, high demand from emerging economies provides huge growth opportunities for the market. Furthermore, the Middle East and Africa have a vast distribution network of synthetic ropes and well established. The Middle East & Africa synthetic rope market is surging owing to frequent acquisitions and launchings by the market players. For instance, Samson, a provider of synthetic rope in numerous marine applications has expanded its footprint with a new facility in various areas. The expansion is expected to increase Samson's market penetration in addition to uplifting its facility to increase production capabilities, therefore impacting the growth of the market in a significant way.
Fluctuating prices of raw materials used for manufacturing synthetic ropes is the major factor restricting the market growth. Increasing crude oil prices have considerably inflated the price of synthetic fibers major raw materials for synthetic ropes. Accessibility of low cost competitor products, such as steel ropes, is likely to have an influence on customer preference limiting the growth of market.
Middle East & Africa Synthetic Rope market report gives comprehensive outlook on synthetic rope across the region with special emphasis on key countries such as Gulf Cooperation Council (GCC) Countries, Israel, South Africa and Rest of MEA. South Africa accounted for larger revenue share in Middle East & Africa synthetic rope market with considerable CAGR. The growth can be attributed to rapidly increasing applications into large and expanding industrial base.
Latin America
Europe
Asia Pacific
Middle East
North America
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2023 is the base year and 2030 is the forecast year.
The Middle East and Africa Synthetic Rope Market Report data: (Middle East and Africa (MEA), GCC Countries, South Africa, Rest of MEA)"
The Middle East and Africa Synthetic Rope Market key players are: 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)
| 1. Executive Summary |
| 2. Middle East And Africa Synthetic Rope Market Introduction |
| 2.1. Middle East And Africa Synthetic Rope Market - Taxonomy |
| 2.2. Middle East And Africa Synthetic Rope Market - Definitions |
| 2.2.1.Material Type |
| 2.2.2.End User |
| 2.2.3.Region |
| 3. Middle East And Africa Synthetic Rope Market Dynamics |
| 3.1. Drivers |
| 3.2. Restraints |
| 3.3. Opportunities/Unmet Needs of the Market |
| 3.4. Trends |
| 3.5. Product Landscape |
| 3.6. New Product Launches |
| 3.7. Impact of COVID 19 on Market |
| 4. Middle East And Africa Synthetic Rope Market Analysis, 2019 - 2023 and Forecast 2024 - 2030 |
| 4.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 4.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) |
| 4.3. Market Opportunity Analysis |
| 5. Middle East And Africa Synthetic Rope Market By Material Type, 2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million) |
| 5.1. Nylon |
| 5.1.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 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, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 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, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 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, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 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, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 5.5.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 5.5.3. Market Opportunity Analysis |
| 6. Middle East And Africa Synthetic Rope Market By End User , 2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million) |
| 6.1. Sports |
| 6.1.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 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, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 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, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 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, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 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, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 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, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 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, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 6.7.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 6.7.3. Market Opportunity Analysis |
| 7. Middle East And Africa Synthetic Rope Market By Region, 2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million) |
| 7.1. Middle East and Africa (MEA) |
| 7.1.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 7.1.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 7.1.3. Market Opportunity Analysis |
| 7.2. Gulf Cooperation Council (GCC) Countries |
| 7.2.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 7.2.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 7.2.3. Market Opportunity Analysis |
| 7.3. Israel |
| 7.3.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 7.3.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 7.3.3. Market Opportunity Analysis |
| 7.4. South Africa |
| 7.4.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 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 MEA |
| 7.5.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 7.5.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 7.5.3. Market Opportunity Analysis |
| 8. Competition Landscape |
| 8.1. Market Player Profiles (Introduction, Brand/Product Sales, Financial Analysis, Product Offerings, Key Developments, Collaborations, M & A, Strategies, and SWOT Analysis) |
| 8.2.1.Bridon International Limited (U.K.) |
| 8.2.2.Cortland Limited (U.S.) |
| 8.2.3.English Braids Ltd (England) |
| 8.2.4.Honeywell International Inc. (U.S.) |
| 8.2.5.Marlow Ropes (U.K.) |
| 8.2.6.Royal DSM (Netherlands) |
| 8.2.7.Samson Rope Technologies (U.S.) |
| 8.2.8.Teijin Aramid (Netherlands) |
| 8.2.9.WireCo World Group (U.S.) |
| 8.2.10.Yale Cordage Inc. (U.S) |
| 9. Research Methodology |
| 10. Appendix and Abbreviations |
Key Market Players
Author
Prem Kumar with profound experience and sound knowledge across a wide range of market forecasting methods, demand forecasting, and pricing analysis, I am able to make precise projections. I have extensive practical knowledge in Time Series Analysis (TSA), Simple Linear Regression (SLR), Multiple Linear Regression (MLR), Seasonality & Trend Forecasting, and Forecasting Models for New Products, among others. Additionally, I have hands-on experience with tools such as Power BI and SQL. I am highly committed, self-motivated, and possess a strong entrepreneurial spirit. Over the past 8 years, my team and I have built a robust clientele in various sectors, including Packaging, Pharma, Medical Devices, Oil & Gas, and Chemicals & Materials. We have provided a wide range of services, from management consulting to market forecasting and survey-related projects. I am particularly proud to have provided consulting services to one of the industry’s leading COVID-19 vaccine manufacturers for a packaging-related project. In the packaging space, I have served clients across a range of segments, including packaging printing, consumer packaging, flexible packaging, rigid packaging, and pharmaceutical packaging, to name a few. I deeply appreciate the efforts of my team and am grateful to our clients for their continued trust.