Global flexible steel rope market is expected to grow at a CAGR of 3.5% during the forecast period, to reach USD 1.2 billion by 2030. The growth of this market is driven by the increasing demand for flexible steel ropes in various industries such as oil and gas, fishing and marine, mining, and industrial & crane. Flexible steel ropes are used in these industries due to their high tensile strength and durability properties which make them suitable for use in harsh environments such as offshore drilling rigs or deep-sea fishing vessels.
The left regular lay segment accounted for the largest share of the global flexible steel rope market in 2017 owing to its high tensile strength which makes it suitable for use in heavy duty applications such as lifting heavy loads or pulling objects from difficult locations. The left lang lay segment is expected to grow at a higher CAGR during the forecast period due to its low cost compared with other types of flexible steel ropes which makes it more affordable for end users who require less expensive products with lower tensile strength levels than those offered by other types of flexible steel ropes.
Some Of The Growth Factors Of This Market:
- The Flexible Steel Rope market is driven by the increasing demand for steel in construction and infrastructure projects.
- Increasing demand for steel in the automotive industry, which is one of the largest end-users of steel, will also drive the growth of this market.
- Increasing demand for flexible steel ropes in various industries such as construction, mining, and oil & gas will also drive this market's growth.
- The increasing use of flexible steel ropes in various industries such as construction, mining, and oil & gas will also drive this market's growth.
Industry Growth Insights published a new data on “Flexible Steel Rope Market”. The research report is titled “Flexible Steel Rope Market research by Types (Left Regular Lay, Left Lang Lay, Right Regular Lay, Right Lang Lay, Alternate Lay), By Applications (Oil & Gas, Fishing & Marine, Mining, Industrial & Crane, Others), By Players/Companies Bridon-Bekaert, WireCo World Group, Kiswire, Brugg, Tokyo Rope, Jiangsu Wolf Mountain, Usha Martin, Guizhou steel rope, Teufelberger, Farr, Salty gems, Shinko Wire, YoungHeung, Gustav Wolf, Jiangsu Saifian, DSR, Angang Steel Wire Rope, PFEIFER, Jiangsu God King, Juli rigging, Redaelli, DIEPA, Scaw Metal, Fuxing Technology”.
Scope Of The Report
Report Attributes
Report Details
Report Title
Flexible Steel Rope Market Research Report
By Type
Left Regular Lay, Left Lang Lay, Right Regular Lay, Right Lang Lay, Alternate Lay
By Application
Oil & Gas, Fishing & Marine, Mining, Industrial & Crane, Others
By Companies
Bridon-Bekaert, WireCo World Group, Kiswire, Brugg, Tokyo Rope, Jiangsu Wolf Mountain, Usha Martin, Guizhou steel rope, Teufelberger, Farr, Salty gems, Shinko Wire, YoungHeung, Gustav Wolf, Jiangsu Saifian, DSR, Angang Steel Wire Rope, PFEIFER, Jiangsu God King, Juli rigging, Redaelli, DIEPA, Scaw Metal, Fuxing Technology
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
248
Number of Tables & Figures
174
Customization Available
Yes, the report can be customized as per your need.
Global Flexible Steel Rope Market Report Segments:
The global Flexible Steel Rope market is segmented on the basis of:
Types
Left Regular Lay, Left Lang Lay, Right Regular Lay, Right Lang Lay, Alternate Lay
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Oil & Gas, Fishing & Marine, Mining, Industrial & Crane, Others
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Bridon-Bekaert
- WireCo World Group
- Kiswire
- Brugg
- Tokyo Rope
- Jiangsu Wolf Mountain
- Usha Martin
- Guizhou steel rope
- Teufelberger
- Farr
- Salty gems
- Shinko Wire
- YoungHeung
- Gustav Wolf
- Jiangsu Saifian
- DSR
- Angang Steel Wire Rope
- PFEIFER
- Jiangsu God King
- Juli rigging
- Redaelli
- DIEPA
- Scaw Metal
- Fuxing Technology
Highlights of The Flexible Steel Rope Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Left Regular Lay
- Left Lang Lay
- Right Regular Lay
- Right Lang Lay
- Alternate Lay
- By Application:
- Oil & Gas
- Fishing & Marine
- Mining
- Industrial & Crane
- Others
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Flexible Steel Rope Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Flexible steel rope is a type of wire rope made from a variety of high-strength, low-alloy steels. It has the ability to be easily stretched and shaped, making it ideal for applications where flexibility is important, such as rigging and suspension systems.
Some of the major players in the flexible steel rope market are Bridon-Bekaert, WireCo World Group, Kiswire, Brugg, Tokyo Rope, Jiangsu Wolf Mountain, Usha Martin, Guizhou steel rope, Teufelberger, Farr, Salty gems, Shinko Wire, YoungHeung, Gustav Wolf, Jiangsu Saifian, DSR, Angang Steel Wire Rope, PFEIFER, Jiangsu God King, Juli rigging, Redaelli, DIEPA, Scaw Metal, Fuxing Technology.
The flexible steel rope market is expected to grow at a compound annual growth rate of 3.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Flexible Steel Rope Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Flexible Steel Rope Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Flexible Steel Rope Market - Supply Chain
4.5. Global Flexible Steel Rope Market Forecast
4.5.1. Flexible Steel Rope Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Flexible Steel Rope Market Size (000 Units) and Y-o-Y Growth
4.5.3. Flexible Steel Rope Market Absolute $ Opportunity
5. Global Flexible Steel Rope Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Flexible Steel Rope Market Size and Volume Forecast by Type
5.3.1. Left Regular Lay
5.3.2. Left Lang Lay
5.3.3. Right Regular Lay
5.3.4. Right Lang Lay
5.3.5. Alternate Lay
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Flexible Steel Rope Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Flexible Steel Rope Market Size and Volume Forecast by Application
6.3.1. Oil & Gas
6.3.2. Fishing & Marine
6.3.3. Mining
6.3.4. Industrial & Crane
6.3.5. Others
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Flexible Steel Rope Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Flexible Steel Rope Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Flexible Steel Rope Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Flexible Steel Rope Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Flexible Steel Rope Demand Share Forecast, 2019-2026
9. North America Flexible Steel Rope Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Flexible Steel Rope Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Flexible Steel Rope Market Size and Volume Forecast by Application
9.4.1. Oil & Gas
9.4.2. Fishing & Marine
9.4.3. Mining
9.4.4. Industrial & Crane
9.4.5. Others
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Flexible Steel Rope Market Size and Volume Forecast by Type
9.7.1. Left Regular Lay
9.7.2. Left Lang Lay
9.7.3. Right Regular Lay
9.7.4. Right Lang Lay
9.7.5. Alternate Lay
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Flexible Steel Rope Demand Share Forecast, 2019-2026
10. Latin America Flexible Steel Rope Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Flexible Steel Rope Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Flexible Steel Rope Market Size and Volume Forecast by Application
10.4.1. Oil & Gas
10.4.2. Fishing & Marine
10.4.3. Mining
10.4.4. Industrial & Crane
10.4.5. Others
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Flexible Steel Rope Market Size and Volume Forecast by Type
10.7.1. Left Regular Lay
10.7.2. Left Lang Lay
10.7.3. Right Regular Lay
10.7.4. Right Lang Lay
10.7.5. Alternate Lay
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Flexible Steel Rope Demand Share Forecast, 2019-2026
11. Europe Flexible Steel Rope Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Flexible Steel Rope Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Flexible Steel Rope Market Size and Volume Forecast by Application
11.4.1. Oil & Gas
11.4.2. Fishing & Marine
11.4.3. Mining
11.4.4. Industrial & Crane
11.4.5. Others
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Flexible Steel Rope Market Size and Volume Forecast by Type
11.7.1. Left Regular Lay
11.7.2. Left Lang Lay
11.7.3. Right Regular Lay
11.7.4. Right Lang Lay
11.7.5 Alternate Lay
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Flexible Steel Rope Demand Share, 2019-2026
12. Asia Pacific Flexible Steel Rope Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Flexible Steel Rope Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Flexible Steel Rope Market Size and Volume Forecast by Application
12.4.1. Oil & Gas
12.4.2. Fishing & Marine
12.4.3. Mining
12.4.4. Industrial & Crane
12.4.5. Others
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Flexible Steel Rope Market Size and Volume Forecast by Type
12.7.1. Left Regular Lay
12.7.2. Left Lang Lay
12.7.3. Right Regular Lay
12.7.4. Right Lang Lay
12.7.5. Alternate Lay
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Flexible Steel Rope Demand Share, 2019-2026
13. Middle East & Africa Flexible Steel Rope Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Flexible Steel Rope Market Size and Volume Forecast by Country
13.2.1. Saudi Arabia
13.2.2. South Africa
13.2.3. UAE
13.2.4. Rest of Middle East & Africa (MEA)
13.3. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Flexible Steel Rope Market Size and Volume Forecast by Application
13.4.1. Oil & Gas
13.4.2. Fishing & Marine
13.4.3. Mining
13.4.4. Industrial & Crane
13.4.5. Others
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Flexible Steel Rope Market Size and Volume Forecast by Type
13.7.1. Left Regular Lay
13.7.2. Left Lang Lay
13.7.3. Right Regular Lay
13.7.4. Right Lang Lay
13.7.5. Alternate Lay
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Flexible Steel Rope Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Flexible Steel Rope Market: Market Share Analysis
14.2. Flexible Steel Rope Distributors and Customers
14.3. Flexible Steel Rope Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Bridon-Bekaert
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. WireCo World Group
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Kiswire
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Brugg
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Tokyo Rope
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Jiangsu Wolf Mountain
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Usha Martin
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Guizhou steel rope
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Teufelberger
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. Farr
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. Salty gems
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. Shinko Wire
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. YoungHeung
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. Gustav Wolf
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. Jiangsu Saifian
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. DSR
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. Angang Steel Wire Rope
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. PFEIFER
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. Jiangsu God King
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. Juli rigging
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook
