Market Overview:
The global fiberglass ropes and sleeves market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing demand for fiberglass ropes and sleeves in various applications, such as automotive, aerospace, construction, power, oil & gas, metal fabrication and others. Fiberglass ropes are used in various applications owing to their properties such as high tensile strength-to-weight ratio; low thermal expansion coefficient; resistance to corrosion; electrical insulation; and non-conductivity.
Product Definition:
A fiberglass rope is a type of rope that is made from fiberglass. It is often used in applications where strength and durability are important, such as in construction or heavy lifting. Fiberglass ropes can also be used in marine applications, where they can withstand exposure to salt water and other harsh elements.
Fiberglass Ropes:
Fiberglass ropes and sleeves are made from glass fibers that have been coated with resin. The fiberglass is used in various industries including construction, marine, oil & gas, power generation and others. Fiberglass ropes & sleeves find their application in the concrete industry for crack filling and rebar protection along with other applications such as foundation repair work or towing.
Fiberglass Sleeves:
Fiberglass sleeves are used in fiberglass ropes and fiberglass sleeving to provide additional protection to the core of the rope. Fiberglass sleeves also add an aesthetic appeal to the product by making it look like leather. The most commonly used type of sleeve is made from polyester resin, which is a man-made material that has similar properties as natural fibers such as cellulose, cotton or wool.
The global market for fiberglass sleeving.
Application Insights:
The automotive application segment led the global market and accounted for more than 30.0% share of the overall revenue in 2017. The product is widely used in automotive industry owing to its lightweight properties, high impact resistance, superior chemical & abrasion resistance and cost-effectiveness over other materials such as steel and plastic. In addition, fiberglass ropes offer a non-reflective surface which helps avoid glare from sunlight or other sources while driving at night time which further boosts their demand from the automotive sector.
Aerospace is expected to be one of the fastest growing application segments with a CAGR around 9% from 2018 to 2030 owing to increasing use of fiberglass ropes & sleeves for manufacturing aircraft fuselages, stringers, bulkheads and others due to excellent strength against weight ratio properties offered by these products coupled with low maintenance costs involved in their usage over other materials such as steel cables or wires.
Regional Analysis:
North America dominated the global industry in 2017 and accounted for over 30% of the total market share. The region is expected to witness a considerable growth rate of 4.6% from 2018 to 2030 owing to increasing construction spending along with growing offshore oil & gas activities in U.S., Canada, and Mexico.
Asia Pacific is projected to be one of the fastest-growing regions during the forecast period owing its rapid industrialization along with expanding end-use industries such as aerospace.
In terms of revenue; Europe was valued at USD X billion in 2017 wherein UK led market followed by Germany.
Growth Factors:
- Increasing demand from the construction and marine industries for fiberglass ropes and sleeves as a replacement to traditional materials such as steel, aluminum, and copper.
- Growing popularity of fiberglass ropes and sleeves among end-users due to their high strength-to-weight ratio, corrosion resistance, and durability.
- Technological advancements in the manufacturing of fiberglass ropes and sleeves that have resulted in products with improved performance characteristics over traditional materials.
- Rising awareness about the benefits of using fiberglass ropes and sleeves among consumers due to aggressive marketing by manufacturers.
- Growing demand for customized solutions from rope manufacturers owing to specific application requirements of end users
Scope Of The Report
Report Attributes
Report Details
Report Title
Fiberglass Ropes and Sleeves Market Research Report
By Type
Fiberglass Ropes, Fiberglass Sleeves
By Application
Automotive, Aerospace, Construction, Power, Oil & Gas, Metal, Others
By Companies
Davlyn Group, Newtex Industries, McAllister Mills, Vitcas, Texpack, Europolit, SILTEX, Sealco Industrial Group, TESPE, Cheshire Ribbon, Anhui Parker New Material, Ningguo ZBAO Thermal Tubing, Anhui Ningguo Hantai New Materials, Ningbo Kaxite Sealing Materials
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
155
Number of Tables & Figures
109
Customization Available
Yes, the report can be customized as per your need.
Global Fiberglass Ropes and Sleeves Market Report Segments:
The global Fiberglass Ropes and Sleeves market is segmented on the basis of:
Types
Fiberglass Ropes, Fiberglass Sleeves
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
Automotive, Aerospace, Construction, Power, Oil & Gas, Metal, 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:
- Davlyn Group
- Newtex Industries
- McAllister Mills
- Vitcas
- Texpack
- Europolit
- SILTEX
- Sealco Industrial Group
- TESPE
- Cheshire Ribbon
- Anhui Parker New Material
- Ningguo ZBAO Thermal Tubing
- Anhui Ningguo Hantai New Materials
- Ningbo Kaxite Sealing Materials
Highlights of The Fiberglass Ropes and Sleeves 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:
- Fiberglass Ropes
- Fiberglass Sleeves
- By Application:
- Automotive
- Aerospace
- Construction
- Power
- Oil & Gas
- Metal
- 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 Fiberglass Ropes and Sleeves 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.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
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?
Fiberglass ropes and sleeves are made from a type of plastic that is heated until it becomes a liquid, then it is poured into molds. The ropes and sleeves are then cooled and cut to their desired shape.
Some of the major companies in the fiberglass ropes and sleeves market are Davlyn Group, Newtex Industries, McAllister Mills, Vitcas, Texpack, Europolit, SILTEX, Sealco Industrial Group, TESPE, Cheshire Ribbon, Anhui Parker New Material, Ningguo ZBAO Thermal Tubing, Anhui Ningguo Hantai New Materials, Ningbo Kaxite Sealing Materials.
The fiberglass ropes and sleeves market is expected to grow at a compound annual growth rate of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Fiberglass Ropes and Sleeves Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Fiberglass Ropes and Sleeves Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Fiberglass Ropes and Sleeves Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Fiberglass Ropes and Sleeves Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Fiberglass Ropes and Sleeves Market Size & Forecast, 2020-2028
4.5.1 Fiberglass Ropes and Sleeves Market Size and Y-o-Y Growth
4.5.2 Fiberglass Ropes and Sleeves Market Absolute $ Opportunity
Chapter 5 Global Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Market Size Forecast by Type
5.2.1 Fiberglass Ropes
5.2.2 Fiberglass Sleeves
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Market Size Forecast by Applications
6.2.1 Automotive
6.2.2 Aerospace
6.2.3 Construction
6.2.4 Power
6.2.5 Oil & Gas
6.2.6 Metal
6.2.7 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Fiberglass Ropes and Sleeves Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Fiberglass Ropes and Sleeves Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Analysis and Forecast
9.1 Introduction
9.2 North America Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Market Size Forecast by Type
9.6.1 Fiberglass Ropes
9.6.2 Fiberglass Sleeves
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Market Size Forecast by Applications
9.10.1 Automotive
9.10.2 Aerospace
9.10.3 Construction
9.10.4 Power
9.10.5 Oil & Gas
9.10.6 Metal
9.10.7 Others
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Analysis and Forecast
10.1 Introduction
10.2 Europe Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Market Size Forecast by Type
10.6.1 Fiberglass Ropes
10.6.2 Fiberglass Sleeves
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Market Size Forecast by Applications
10.10.1 Automotive
10.10.2 Aerospace
10.10.3 Construction
10.10.4 Power
10.10.5 Oil & Gas
10.10.6 Metal
10.10.7 Others
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Market Size Forecast by Type
11.6.1 Fiberglass Ropes
11.6.2 Fiberglass Sleeves
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Market Size Forecast by Applications
11.10.1 Automotive
11.10.2 Aerospace
11.10.3 Construction
11.10.4 Power
11.10.5 Oil & Gas
11.10.6 Metal
11.10.7 Others
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Analysis and Forecast
12.1 Introduction
12.2 Latin America Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Market Size Forecast by Type
12.6.1 Fiberglass Ropes
12.6.2 Fiberglass Sleeves
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Market Size Forecast by Applications
12.10.1 Automotive
12.10.2 Aerospace
12.10.3 Construction
12.10.4 Power
12.10.5 Oil & Gas
12.10.6 Metal
12.10.7 Others
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Market Size 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 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Market Size Forecast by Type
13.6.1 Fiberglass Ropes
13.6.2 Fiberglass Sleeves
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Market Size Forecast by Applications
13.10.1 Automotive
13.10.2 Aerospace
13.10.3 Construction
13.10.4 Power
13.10.5 Oil & Gas
13.10.6 Metal
13.10.7 Others
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Fiberglass Ropes and Sleeves Market: Competitive Dashboard
14.2 Global Fiberglass Ropes and Sleeves Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Davlyn Group
14.3.2 Newtex Industries
14.3.3 McAllister Mills
14.3.4 Vitcas
14.3.5 Texpack
14.3.6 Europolit
14.3.7 SILTEX
14.3.8 Sealco Industrial Group
14.3.9 TESPE
14.3.10 Cheshire Ribbon
14.3.11 Anhui Parker New Material
14.3.12 Ningguo ZBAO Thermal Tubing
14.3.13 Anhui Ningguo Hantai New Materials
14.3.14 Ningbo Kaxite Sealing Materials
