Market Overview:
The global rope sockets market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The market growth can be attributed to the increasing demand for rope sockets in various applications such as manufacturing, construction, and others. Additionally, the growing awareness about safety among workers is also propelling the demand for rope sockets globally. Based on type, the global rope sockets market can be segmented into rope pear socket, open spelter socket, closed spelter socket, and others. The open spelter socket segment is expected to hold a major share of the global market during the forecast period owing to its low cost and easy installation. Based on application, the global market can be divided into manufacturing sector, construction sector,, and others segments.
Product Definition:
Rope sockets are an important part of any ropework system. They allow the rope to be attached securely to anchors, and distribute the load evenly over a larger surface area. This prevents damage to the rope, and makes it less likely to slip out of place.
Rope Pear Socket:
Rope pear socket is a device used in the manufacturing of rope sockets. It is also known as wire crook, or simply pear. The product consists of two metal wires with round cross-section which are bent at 90 degree angles and then joined by an elastic piece to form a complete circle. This circular shape provides strength to the resultant product and enables it to withstand high tensile stress without breaking down easily like other types of ropes do.
Open Spelter Socket:
Open spelter socket is a device used in rope sockets. It helps to reduce the weight of the rope and also increases its durability by making it less prone to rot or rust. The product has an aesthetic appeal owing to its smooth surface which makes it corrosion resistant.
The open spelter socket is manufactured using high-grade steel and carbon nanotubes, which are then coated with chromium for better durability.
Application Insights:
The manufacturing application segment dominated the global market in 2017. This can be attributed to the growing demand for manufactured goods from emerging economies, such as China and India. The construction industry is also one of the prominent users of rope sockets due to its requirement for various types of knots during construction activities.
Rope sockets are widely used in several other applications including agriculture, landscaping and forestry, marine industries (e.g., mooring ropes), mining (e.g.
Regional Analysis:
Asia Pacific dominated the global market in 2017 and is expected to continue its dominance over the forecast period. The region has been witnessing rapid urbanization, which has resulted in increased construction activities. This trend is projected to continue over the next eight years, thereby driving product demand in Asia Pacific. In addition, increasing foreign investments coupled with favorable government policies are anticipated to promote industrial development across countries such as China and India, thus propelling industry growth.
The Middle East & Africa region is anticipated to witness significant growth owing to increasing infrastructure activities on account of rising population coupled with economic development plans by various governments across countries such as Saudi Arabia and UAE are expected drive demand for steel ropes within this region over the forecast period.
Growth Factors:
- Increasing demand for rope sockets in the construction and mining industries as a result of their superior strength and durability.
- Growing popularity of rope sockets among DIY enthusiasts and homeowners due to their easy installation and affordability.
- Rising demand for rope sockets from the marine industry as they are ideal for use in mooring applications.
- increasing application scope of rope sockets in lifting, rigging, and suspension operations across various industries.
Scope Of The Report
Report Attributes
Report Details
Report Title
Rope Sockets Market Research Report
By Type
Rope Pear Socket, Open Spelter Socket, Closed Spelter Socket, Others
By Application
Manufacturing, Construction, Others
By Companies
Nemag, Gunnebo Industries, Certex, AUZAC, Lftdd, Pfeifer, Wuxi City Xinhua Lifting Equipment Co., Ltd, Solar
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
234
Number of Tables & Figures
164
Customization Available
Yes, the report can be customized as per your need.
Global Rope Sockets Market Report Segments:
The global Rope Sockets market is segmented on the basis of:
Types
Rope Pear Socket, Open Spelter Socket, Closed Spelter Socket, Others
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
Manufacturing, Construction, 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:
- Nemag
- Gunnebo Industries
- Certex
- AUZAC
- Lftdd
- Pfeifer
- Wuxi City Xinhua Lifting Equipment Co., Ltd
- Solar
Highlights of The Rope Sockets 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:
- Rope Pear Socket
- Open Spelter Socket
- Closed Spelter Socket
- Others
- By Application:
- Manufacturing
- Construction
- 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 Rope Sockets 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?
Rope sockets are a type of connector that allow ropes to be connected together. They are typically made from metal or plastic and have a number of holes in them, which allow the ropes to be threaded through. Rope sockets can also come with clips or clamps that can be used to hold the ropes in place.
Some of the major companies in the rope sockets market are Nemag, Gunnebo Industries, Certex, AUZAC, Lftdd, Pfeifer, Wuxi City Xinhua Lifting Equipment Co., Ltd, Solar.
The rope sockets market is expected to grow at a compound annual growth rate of 5.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Rope Sockets 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. Rope Sockets Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Rope Sockets Market - Supply Chain
4.5. Global Rope Sockets Market Forecast
4.5.1. Rope Sockets Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Rope Sockets Market Size (000 Units) and Y-o-Y Growth
4.5.3. Rope Sockets Market Absolute $ Opportunity
5. Global Rope Sockets 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. Rope Sockets Market Size and Volume Forecast by Type
5.3.1. Rope Pear Socket
5.3.2. Open Spelter Socket
5.3.3. Closed Spelter Socket
5.3.4. Others
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Rope Sockets 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. Rope Sockets Market Size and Volume Forecast by Application
6.3.1. Manufacturing
6.3.2. Construction
6.3.3. Others
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Rope Sockets 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. Rope Sockets 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 Rope Sockets 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. Rope Sockets 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 Rope Sockets Demand Share Forecast, 2019-2026
9. North America Rope Sockets 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 Rope Sockets 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 Rope Sockets Market Size and Volume Forecast by Application
9.4.1. Manufacturing
9.4.2. Construction
9.4.3. Others
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Rope Sockets Market Size and Volume Forecast by Type
9.7.1. Rope Pear Socket
9.7.2. Open Spelter Socket
9.7.3. Closed Spelter Socket
9.7.4. Others
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 Rope Sockets Demand Share Forecast, 2019-2026
10. Latin America Rope Sockets 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 Rope Sockets 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 Rope Sockets Market Size and Volume Forecast by Application
10.4.1. Manufacturing
10.4.2. Construction
10.4.3. Others
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Rope Sockets Market Size and Volume Forecast by Type
10.7.1. Rope Pear Socket
10.7.2. Open Spelter Socket
10.7.3. Closed Spelter Socket
10.7.4. Others
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 Rope Sockets Demand Share Forecast, 2019-2026
11. Europe Rope Sockets 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 Rope Sockets 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 Rope Sockets Market Size and Volume Forecast by Application
11.4.1. Manufacturing
11.4.2. Construction
11.4.3. Others
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Rope Sockets Market Size and Volume Forecast by Type
11.7.1. Rope Pear Socket
11.7.2. Open Spelter Socket
11.7.3. Closed Spelter Socket
11.7.4. Others
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 Rope Sockets Demand Share, 2019-2026
12. Asia Pacific Rope Sockets 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 Rope Sockets 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 Rope Sockets Market Size and Volume Forecast by Application
12.4.1. Manufacturing
12.4.2. Construction
12.4.3. Others
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Rope Sockets Market Size and Volume Forecast by Type
12.7.1. Rope Pear Socket
12.7.2. Open Spelter Socket
12.7.3. Closed Spelter Socket
12.7.4. Others
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 Rope Sockets Demand Share, 2019-2026
13. Middle East & Africa Rope Sockets 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 Rope Sockets 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 Rope Sockets Market Size and Volume Forecast by Application
13.4.1. Manufacturing
13.4.2. Construction
13.4.3. Others
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Rope Sockets Market Size and Volume Forecast by Type
13.7.1. Rope Pear Socket
13.7.2. Open Spelter Socket
13.7.3. Closed Spelter Socket
13.7.4. Others
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 Rope Sockets Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Rope Sockets Market: Market Share Analysis
14.2. Rope Sockets Distributors and Customers
14.3. Rope Sockets Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Nemag
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Gunnebo Industries
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Certex
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. AUZAC
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Lftdd
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Pfeifer
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Wuxi City Xinhua Lifting Equipment Co., Ltd
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Solar
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. COMPANY9
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. COMPANY 10
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. COMPANY 11
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. COMPANY 12
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. COMPANY 13
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. COMPANY 14
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. COMPANY 15
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. COMPANY 16
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook
