The Latin America, Middle East and Africa Rope Market would witness market growth of 7.9% CAGR during the forecast period (2023-2030).
Plastic Rope has the potential to grow in popularity for various applications in the future. The market has benefited from improved production of plastic ropes and material science research and development since raw material qualities have improved. Maritime transportation is a significant portion of logistics. As a result, expanding marine trade and transportation influences macroeconomic variables. Mooring rope, constructed of various materials with unique properties that make it either excellent or undesirable for a range of uses found aboard a vessel, is manila rope or a synthetic material like nylon widely used in the maritime sector.
These days, mooring ropes are often used for ship launching, maritime salvage, and heavy transportation, with ship launching being their most common purpose. Using airbags makes it unnecessary to utilize tows and tugs as launching and landing aids. Mooring ropes adhere to strict quality control regulations and are reinforced with synthetic rubber layers. Mooring ropes are made up of three main components: an airbag body, an airbag mouth, and an airbag head. It is regarded as a more potent and sophisticated instrument for many maritime undertakings, such as heavy transportation, disembarking ships, and re-floating salvage.
The UAE is thought to hold the seventh-biggest proven natural gas reserves in the world, with a combined total of more than 215 trillion cubic feet, according to figures from the U.S. Energy Information Agency. The UAE announced in 2020 that it had discovered gas reserves in Jebel Ali totaling more than 80 trillion cubic feet. The country aspires to be self-sufficient in gas by 2030. The UAE imports natural gas from Qatar to feed power plants and desalination facilities via the Dolphin pipeline. To investigate the possibility of producing blue and green hydrogen for export, Mubadala Investment Company, Abu Dhabi Holding (ADQ), ADNOC, and the Ministry of Energy and Infrastructure established the Hydrogen Alliance in 2021. In order to manage the challenging duties involved in well logging, sampling, and intervention operations, these wirelines are made of steel or synthetic ropes, which provide the necessary strength and flexibility.
The Brazil market dominated the LAMEA Rope Market by Country in 2022, and would continue to be a dominant market till 2030; thereby, achieving a market value of $312.5 million by 2030. The Argentina market is exhibiting a CAGR of 8.5% during (2023 - 2030). Additionally, The UAE market would register a CAGR of 7.6% during (2023 - 2030).
Based on Product, the market is segmented into Steel Wire, Synthetic, Cotton, and Others. Based on End User, the market is segmented into Industrial, Commercial, and Residential. Based on countries, the market is segmented into Brazil, Argentina, UAE, Saudi Arabia, South Africa, Nigeria, and Rest of LAMEA.
Free Valuable Insights: The Worldwide Rope Market is Projected to reach USD 19.7 Billion by 2030, at a CAGR of 6.5%
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Bridon-Bekaert Ropes Group (Bekaert Group), Cortland Limited (Enerpac Tool Group), Marlow Ropes Ltd., WireCo WorldGroup, Inc., Yale Cordage, TEUFELBERGER Holding AG, English Braids Ltd., Southern Ropes, van Beelen Group BV and Dynamica Ropes ApS (Netmark Holding).
Scope of the Study
Market Segments Covered in the Report:
By Product
- Steel Wire
- Synthetic
- Cotton
- Others
By End User
- Industrial
- Commercial
- Residential
By Country
- Brazil
- Argentina
- UAE
- Saudi Arabia
- South Africa
- Nigeria
- Rest of LAMEA
Key Market Players
List of Companies Profiled in the Report:
- Bridon-Bekaert Ropes Group (Bekaert Group)
- Cortland Limited (Enerpac Tool Group)
- Marlow Ropes Ltd.
- WireCo WorldGroup, Inc.
- Yale Cordage
- TEUFELBERGER Holding AG
- English Braids Ltd.
- Southern Ropes
- van Beelen Group BV
- Dynamica Ropes ApS (Netmark Holding)
Chapter 1. Market Scope & Methodology
1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 LAMEA Rope Market, by Product
1.4.2 LAMEA Rope Market, by End User
1.4.3 LAMEA Rope Market, by Country
1.5 Methodology for the research
Chapter 2. Market Overview
2.1 Introduction
2.1.1 Overview
2.1.1.1 Market Composition and Scenario
2.2 Key Factors Impacting the Market
2.2.1 Market Drivers
2.2.2 Market Restraints
Chapter 3. Strategies Deployed in Rope Market
Chapter 4. LAMEA Rope Market by Product
4.1 LAMEA Steel Wire Market by Country
4.2 LAMEA Synthetic Market by Country
4.3 LAMEA Cotton Market by Country
4.4 LAMEA Others Market by Country
Chapter 5. LAMEA Rope Market by End User
5.1 LAMEA Industrial Market by Country
5.2 LAMEA Commercial Market by Country
5.3 LAMEA Residential Market by Country
Chapter 6. LAMEA Rope Market by Country
6.1 Brazil Rope Market
6.1.1 Brazil Rope Market by Product
6.1.2 Brazil Rope Market by End User
6.2 Argentina Rope Market
6.2.1 Argentina Rope Market by Product
6.2.2 Argentina Rope Market by End User
6.3 UAE Rope Market
6.3.1 UAE Rope Market by Product
6.3.2 UAE Rope Market by End User
6.4 Saudi Arabia Rope Market
6.4.1 Saudi Arabia Rope Market by Product
6.4.2 Saudi Arabia Rope Market by End User
6.5 South Africa Rope Market
6.5.1 South Africa Rope Market by Product
6.5.2 South Africa Rope Market by End User
6.6 Nigeria Rope Market
6.6.1 Nigeria Rope Market by Product
6.6.2 Nigeria Rope Market by End User
6.7 Rest of LAMEA Rope Market
6.7.1 Rest of LAMEA Rope Market by Product
6.7.2 Rest of LAMEA Rope Market by End User
Chapter 7. Company Profiles
7.1 Bridon-Bekaert Ropes Group (Bekaert Group)
7.1.1 Company Overview
7.1.2 Financial Analysis
7.1.3 Segmental and Regional Analysis
7.1.4 Research & Development Expenses
7.1.5 Recent strategies and developments:
7.1.5.1 Product Launches and Product Expansions:
7.1.5.2 Acquisition and Mergers:
7.2 Cortland Limited (Enerpac Tool Group)
7.2.1 Company Overview
7.2.2 Financial Analysis
7.2.3 Segmental and Regional Analysis
7.2.4 Research & Development Expenses
7.3 Marlow Ropes Ltd.
7.3.1 Company Overview
7.3.2 Recent strategies and developments:
7.3.2.1 Partnerships, Collaborations, and Agreements:
7.3.2.2 Product Launches and Product Expansions:
7.4 WireCo WorldGroup, Inc.
7.4.1 Company Overview
7.4.2 Recent strategies and developments:
7.4.2.1 Product Launches and Product Expansions:
7.5 Yale Cordage
7.5.1 Company Overview
7.5.2 Recent Strategies and Developments:
7.5.2.1 Product Launches and Product Expansions:
7.6 TEUFELBERGER Holding AG
7.6.1 Company Overview
7.6.2 Recent strategies and developments:
7.6.2.1 Product Launches and Product Expansions:
7.6.2.2 Acquisition and Mergers:
7.7 English Braids Ltd.
7.7.1 Company Overview
7.8 Southern Ropes
7.8.1 Company Overview
7.9 van Beelen Group BV
7.9.1 Company Overview
7.10. Dynamica Ropes ApS (Netmark Holding)
7.10.1 Company Overview
TABLE 1 LAMEA Rope Market, 2019 - 2022, USD Million
TABLE 2 LAMEA Rope Market, 2023 - 2030, USD Million
TABLE 3 LAMEA Rope Market by Product, 2019 - 2022, USD Million
TABLE 4 LAMEA Rope Market by Product, 2023 - 2030, USD Million
TABLE 5 LAMEA Steel Wire Market by Country, 2019 - 2022, USD Million
TABLE 6 LAMEA Steel Wire Market by Country, 2023 - 2030, USD Million
TABLE 7 LAMEA Synthetic Market by Country, 2019 - 2022, USD Million
TABLE 8 LAMEA Synthetic Market by Country, 2023 - 2030, USD Million
TABLE 9 LAMEA Cotton Market by Country, 2019 - 2022, USD Million
TABLE 10 LAMEA Cotton Market by Country, 2023 - 2030, USD Million
TABLE 11 LAMEA Others Market by Country, 2019 - 2022, USD Million
TABLE 12 LAMEA Others Market by Country, 2023 - 2030, USD Million
TABLE 13 LAMEA Rope Market by End User, 2019 - 2022, USD Million
TABLE 14 LAMEA Rope Market by End User, 2023 - 2030, USD Million
TABLE 15 LAMEA Industrial Market by Country, 2019 - 2022, USD Million
TABLE 16 LAMEA Industrial Market by Country, 2023 - 2030, USD Million
TABLE 17 LAMEA Commercial Market by Country, 2019 - 2022, USD Million
TABLE 18 LAMEA Commercial Market by Country, 2023 - 2030, USD Million
TABLE 19 LAMEA Residential Market by Country, 2019 - 2022, USD Million
TABLE 20 LAMEA Residential Market by Country, 2023 - 2030, USD Million
TABLE 21 LAMEA Rope Market by Country, 2019 - 2022, USD Million
TABLE 22 LAMEA Rope Market by Country, 2023 - 2030, USD Million
TABLE 23 Brazil Rope Market, 2019 - 2022, USD Million
TABLE 24 Brazil Rope Market, 2023 - 2030, USD Million
TABLE 25 Brazil Rope Market by Product, 2019 - 2022, USD Million
TABLE 26 Brazil Rope Market by Product, 2023 - 2030, USD Million
TABLE 27 Brazil Rope Market by End User, 2019 - 2022, USD Million
TABLE 28 Brazil Rope Market by End User, 2023 - 2030, USD Million
TABLE 29 Argentina Rope Market, 2019 - 2022, USD Million
TABLE 30 Argentina Rope Market, 2023 - 2030, USD Million
TABLE 31 Argentina Rope Market by Product, 2019 - 2022, USD Million
TABLE 32 Argentina Rope Market by Product, 2023 - 2030, USD Million
TABLE 33 Argentina Rope Market by End User, 2019 - 2022, USD Million
TABLE 34 Argentina Rope Market by End User, 2023 - 2030, USD Million
TABLE 35 UAE Rope Market, 2019 - 2022, USD Million
TABLE 36 UAE Rope Market, 2023 - 2030, USD Million
TABLE 37 UAE Rope Market by Product, 2019 - 2022, USD Million
TABLE 38 UAE Rope Market by Product, 2023 - 2030, USD Million
TABLE 39 UAE Rope Market by End User, 2019 - 2022, USD Million
TABLE 40 UAE Rope Market by End User, 2023 - 2030, USD Million
TABLE 41 Saudi Arabia Rope Market, 2019 - 2022, USD Million
TABLE 42 Saudi Arabia Rope Market, 2023 - 2030, USD Million
TABLE 43 Saudi Arabia Rope Market by Product, 2019 - 2022, USD Million
TABLE 44 Saudi Arabia Rope Market by Product, 2023 - 2030, USD Million
TABLE 45 Saudi Arabia Rope Market by End User, 2019 - 2022, USD Million
TABLE 46 Saudi Arabia Rope Market by End User, 2023 - 2030, USD Million
TABLE 47 South Africa Rope Market, 2019 - 2022, USD Million
TABLE 48 South Africa Rope Market, 2023 - 2030, USD Million
TABLE 49 South Africa Rope Market by Product, 2019 - 2022, USD Million
TABLE 50 South Africa Rope Market by Product, 2023 - 2030, USD Million
TABLE 51 South Africa Rope Market by End User, 2019 - 2022, USD Million
TABLE 52 South Africa Rope Market by End User, 2023 - 2030, USD Million
TABLE 53 Nigeria Rope Market, 2019 - 2022, USD Million
TABLE 54 Nigeria Rope Market, 2023 - 2030, USD Million
TABLE 55 Nigeria Rope Market by Product, 2019 - 2022, USD Million
TABLE 56 Nigeria Rope Market by Product, 2023 - 2030, USD Million
TABLE 57 Nigeria Rope Market by End User, 2019 - 2022, USD Million
TABLE 58 Nigeria Rope Market by End User, 2023 - 2030, USD Million
TABLE 59 Rest of LAMEA Rope Market, 2019 - 2022, USD Million
TABLE 60 Rest of LAMEA Rope Market, 2023 - 2030, USD Million
TABLE 61 Rest of LAMEA Rope Market by Product, 2019 - 2022, USD Million
TABLE 62 Rest of LAMEA Rope Market by Product, 2023 - 2030, USD Million
TABLE 63 Rest of LAMEA Rope Market by End User, 2019 - 2022, USD Million
TABLE 64 Rest of LAMEA Rope Market by End User, 2023 - 2030, USD Million
TABLE 65 Key Information – Bridon-Bekaert Ropes Group
TABLE 66 Key Information – Cortland Limited
TABLE 67 Key Information – Marlow Ropes Ltd.
TABLE 68 Key Information – WireCo WorldGroup, Inc.
TABLE 69 Key Information – Yale Cordage
TABLE 70 Key Information – TEUFELBERGER Holding AG
TABLE 71 Key Information – English Braids Ltd.
TABLE 72 Key Information – Southern Ropes
TABLE 73 Key Information – van Beelen Group BV
TABLE 74 Key Information – Dynamica Ropes ApS
List of Figures
FIG 1 Methodology for the research
FIG 2 LAMEA Rope Market share by Product, 2022
FIG 3 LAMEA Rope Market share by Product, 2030
FIG 4 LAMEA Rope Market by Product, 2019 - 2030, USD Million
FIG 5 LAMEA Rope Market share by End User, 2022
FIG 6 LAMEA Rope Market share by End User, 2030
FIG 7 LAMEA Rope Market by End User, 2019 - 2030, USD Million
FIG 8 LAMEA Rope Market share by Region, 2022
FIG 9 LAMEA Rope Market share by Region, 2030
FIG 10 LAMEA Rope Market by Region, 2019 - 2030, USD Million
FIG 11 Recent strategies and developments: Bridon-Bekaert Ropes Group
FIG 12 Recent strategies and developments: Marlow Ropes Ltd.
FIG 13 Recent strategies and developments: TEUFELBERGER Holding AG