Market Overview:
The global strength members 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 strength members in various applications, such as sports and leisure, oil and gas, construction, cranes, arboriculture, and others. In terms of type, the FRP (fiber reinforced plastic) strength members segment is expected to grow at a higher CAGR than the steel strength members segment during the forecast period. This growth can be attributed to the increasing demand for FRP products in various end-use industries owing to their properties such as corrosion resistance and light weight.
Product Definition:
The Strength Members are a group of elite warriors who serve as the protectors of the kingdom. They are highly skilled in combat and are sworn to protect the king and his people.
FRP Strength Members:
The global FRP strength members market size was valued at USD 2.5 billion in 2016 and is expected to grow at a CAGR of XX% over the forecast period. Increasing demand for lightweight materials in various end-use industries such as automotive, aerospace & defense, wind energy, consumer goods and electronics are likely to drive the growth of this market during the forecast period.
Steel Strength Members:
Steel strength members are used in the manufacturing of strength members which are further utilized in construction, agriculture and other industries. These products have high tensile strength and durability as compared to mild steel. They possess greater elasticity than carbon steel hence they can be easily bent without any stress or strain being placed on them.
Application Insights:
The sports and leisure application segment led the global strength members market in 2017. This is attributed to increasing spending on sports and leisure activities, including participation in outdoor games such as golf, tennis, skiing and snowboarding. Furthermore, rising number of fitness centers across the globe is also expected to contribute significantly towards growth over the forecast period.
The oil and gas application segment was valued at USD 1.5 billion in 2017 owing to its requirement for long span steel structures for offshore platforms along with other steel structures such as gantries that are used for drilling rigs or pipelines supported by concrete piers or rock walls. The use of these products not only reduces construction cost but also helps achieve high levels of durability required by rig owners during harsh environments such as extreme temperatures & vibrations & pressure (ETVP) conditions under which drilling operations take place thereby contributing towards overall growth over the forecast period.
Regional Analysis:
The Asia Pacific dominated the global market in 2017 and is expected to continue its dominance over the forecast period. The presence of key construction companies, coupled with increasing infrastructure activities in India, China, Japan and other countries are likely to boost industry growth.
In North America, a well-established manufacturing base for industrial equipment is anticipated to augment demand for FRP strength members over the forecast period. In addition, growing concerns regarding public safety have led authorities concerned with transportation infrastructure development in this region; hence it is also expected to positively impact industry growth over the next eight years.
In Europe there was an increase of nearly 3% compared with 2016 owing to a rise in construction spending along with favorable government policies aimed at encouraging private investments through tax benefits and other financial incentives pertaining specifically designed for start-ups within Europe’s borders or those located close by their home country (less than 100 kilometers).
Growth Factors:
- Increased focus on health and fitness: There has been a growing focus on health and fitness in recent years, with more people becoming interested in improving their physical well-being. This is likely to lead to increased demand for Strength Members services and products.
- Rising popularity of group workouts: Group workouts are becoming increasingly popular, as they offer a fun and social way to get fit. This is good news for Strength Members, as it means that there is potential for strong growth in this segment of the market.
- Advances in technology: Technology is constantly evolving, which has led to new ways of working out that did not exist before. This presents opportunities for Strength Members to tap into new markets and grow their business further.
Scope Of The Report
Report Attributes
Report Details
Report Title
Strength Members Market Research Report
By Type
FRP Strength Members, Steel Strength Members
By Application
Sports and Leisure, Oil and Gas, Construction, Cranes, Arboriculture, Others
By Companies
Multicom, DowDuPont, Cortland, Roblon, Phillystran, Hec-Holland, Multicom
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
247
Number of Tables & Figures
173
Customization Available
Yes, the report can be customized as per your need.
Global Strength Members Market Report Segments:
The global Strength Members market is segmented on the basis of:
Types
FRP Strength Members, Steel Strength Members
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
Sports and Leisure, Oil and Gas, Construction, Cranes, Arboriculture, 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:
- Multicom
- DowDuPont
- Cortland
- Roblon
- Phillystran
- Hec-Holland
- Multicom
Highlights of The Strength Members 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:
- FRP Strength Members
- Steel Strength Members
- By Application:
- Sports and Leisure
- Oil and Gas
- Construction
- Cranes
- Arboriculture
- 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 Strength Members 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?
Strength Members is a membership-based gym that offers members access to a variety of classes and facilities. Strength Members also has its own private gym, which can be used by members for personal training.
Some of the major companies in the strength members market are Multicom, DowDuPont, Cortland, Roblon, Phillystran, Hec-Holland, Multicom.
The strength members market is expected to register a CAGR of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Strength Members 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 Strength Members Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Strength Members 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 Strength Members 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 Strength Members Market Size & Forecast, 2018-2028
4.5.1 Strength Members Market Size and Y-o-Y Growth
4.5.2 Strength Members Market Absolute $ Opportunity
Chapter 5 Global Strength Members 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 Strength Members Market Size Forecast by Type
5.2.1 FRP Strength Members
5.2.2 Steel Strength Members
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Strength Members 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 Strength Members Market Size Forecast by Applications
6.2.1 Sports and Leisure
6.2.2 Oil and Gas
6.2.3 Construction
6.2.4 Cranes
6.2.5 Arboriculture
6.2.6 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Strength Members 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 Strength Members 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 Strength Members Analysis and Forecast
9.1 Introduction
9.2 North America Strength Members 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 Strength Members Market Size Forecast by Type
9.6.1 FRP Strength Members
9.6.2 Steel Strength Members
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 Strength Members Market Size Forecast by Applications
9.10.1 Sports and Leisure
9.10.2 Oil and Gas
9.10.3 Construction
9.10.4 Cranes
9.10.5 Arboriculture
9.10.6 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 Strength Members Analysis and Forecast
10.1 Introduction
10.2 Europe Strength Members 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 Strength Members Market Size Forecast by Type
10.6.1 FRP Strength Members
10.6.2 Steel Strength Members
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 Strength Members Market Size Forecast by Applications
10.10.1 Sports and Leisure
10.10.2 Oil and Gas
10.10.3 Construction
10.10.4 Cranes
10.10.5 Arboriculture
10.10.6 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 Strength Members Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Strength Members 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 Strength Members Market Size Forecast by Type
11.6.1 FRP Strength Members
11.6.2 Steel Strength Members
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 Strength Members Market Size Forecast by Applications
11.10.1 Sports and Leisure
11.10.2 Oil and Gas
11.10.3 Construction
11.10.4 Cranes
11.10.5 Arboriculture
11.10.6 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 Strength Members Analysis and Forecast
12.1 Introduction
12.2 Latin America Strength Members 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 Strength Members Market Size Forecast by Type
12.6.1 FRP Strength Members
12.6.2 Steel Strength Members
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 Strength Members Market Size Forecast by Applications
12.10.1 Sports and Leisure
12.10.2 Oil and Gas
12.10.3 Construction
12.10.4 Cranes
12.10.5 Arboriculture
12.10.6 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) Strength Members Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Strength Members 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) Strength Members Market Size Forecast by Type
13.6.1 FRP Strength Members
13.6.2 Steel Strength Members
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) Strength Members Market Size Forecast by Applications
13.10.1 Sports and Leisure
13.10.2 Oil and Gas
13.10.3 Construction
13.10.4 Cranes
13.10.5 Arboriculture
13.10.6 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 Strength Members Market: Competitive Dashboard
14.2 Global Strength Members Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Multicom
14.3.2 DowDuPont
14.3.3 Cortland
14.3.4 Roblon
14.3.5 Phillystran
14.3.6 Hec-Holland
14.3.7 Multicom
