Synthetic Rope

Synthetic Rope Market - Global Industry Insights, Trends, Outlook, and
Opportunity Analysis, 2018–2024
Ropes are made from natural and synthetic materials, or materials produced from metals such
as steel. The raw material used for synthetic ropes is petrochemicals along with small
amounts of polymeric materials. As compared to conventional ropes, synthetic ropes are
more durable and lightweight. Nylon ropes are generally made from long extruded
mono-filaments and are made water repellant by altering few of its properties.
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Synthetic ropes are widely used in multiple crane applications, owing to properties such as
bend fatigue durability, high strength-to-weight ratio, and robust spooling capabilities. The
main advantage of using synthetic ropes over steel cables, is the reduced weight of synthetic
material, which is of high prominence in applications such as cranes and other applications in
the marine sector. Synthetic ropes provide neutral torque with no spinning, are quick and
easy to install, and are easy on sheaves and boom top plates. They also provide minimum
kinking and diving damage, corrosion resistance, same line pull and load chart as that of wire
ropes, reduced wear effect on drums and sheaves, reduced bird caging and barber poling
issues, no greasing required, and no popping of core or wire.
Synthetic ropes are used in marine and fishing industries, owing to its light weight, reduced
knocking up and making down time, easy handling, floating properties, along with no
requirement for re-lubing. Polypropylene ropes offer numerous benefits such as excellent
insulation capacity, floatable on water, resistant in chemically active environments, zero
absorption. They also operate in high temperature ranging up to 80°C, and are available in
variety of colors. Aramid rope is used as a substitute for steel cable, owing to characteristics
such as lower weight and chemical resistance to rusting. Synthetic ropes are used in the
transportation industry for binding purposes in transport by roads, sea or by air, whereas, in
the oil & gas industry, it is used in drilling lines, anchor lines, marine riser tensioner lines,
and tubing lines.
Synthetic Rope Market Outlook – Need for Waterproof and Durable Materials
Expected to Boost Demand
Lightweight and high strength characteristics have helped rapidly increase consumption of
synthetic ropes globally. Asia Pacific is expected to be the most potential market for
elastomeric coating manufacturers. The market in the region is projected to witness relatively
high growth, in terms of value, over the forecast period. Rapidly growing urbanization
coupled with modern construction and infrastructural needs in emerging economies such as
India and China, has propelled growth of the synthetic rope market in the region. According
to IBEF, the Indian infrastructural industry is expected to reach total revenue of US$ 5 billion
by 2020. India Brand Equity Foundation (IBEF) is a trust established by the Ministry of
Commerce and Industry, Department of Commerce in collaboration with the Government of
India, with the purpose of promoting and creating international awareness of goods
manufactured in India.
Fluctuating prices of raw material is expected to be one of the restraining factors for growth
of the synthetic rope market, over the forecast period. Business expansions in different
geographies and new product development, are some strategies adopted by the top players in
the synthetic rope market. In June 2016, Bridon International limited and Bekaert,
collaborated to form The Bridon-Bekaert Ropes Group. This has increased the company’s
reach to 17 countries and has added to the global reach and expertise of the company in the
synthetic rope market. Some of the major companies operating in the global synthetic Rope
Market are Samson Rope Technologies, Cortland Limited, WireCo World Group, Marlow
Ropes, Cortland Limited, and Bridon International Limited.
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Synthetic Rope Market report categorizes global market by types of materials, and end use industry - Global Industry Insights, Trends, Outlook, and Opportunity Analysis, 2018–2024

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