Market Overview:
The global synthetic baling twine 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 synthetic baling twine from various end-use industries, such as agriculture, industrial, fishing industry, and others. In terms of type, the rayon baling twine segment is projected to lead the global synthetic baling twine market during the forecast period. This can be attributed to its properties such as high strength and low stretchability. In terms of application, the agricultural segment is projected to lead the global synthetic baling twine market during the forecast period.
Product Definition:
Baling twine is a type of cordage made from synthetic materials, such as nylon or polyester. It is used for tying hay bales and other agricultural products. Baling twine is strong and durable, and can withstand the elements without rotting or breaking.
Rayon Baling Twine:
Rayon baling twine is a very fine, soft, and lightweight fiber that is made from the viscose of cellulose. It has high tensile strength and durability as compared to nylon. The product also has superior elasticity which makes it suitable for use in bailing hay or stacking materials such as firewood.
Nylon Baling Twine:
Nylon baling twine is a flexible, black, non-woven fabric that is made from synthetic fibers. It has high tensile strength and durability and can be used in various applications including packaging. Nylon baling twine market size spans across various application areas such as agriculture & horticulture, construction industry, automotive industry among others.
Application Insights:
The agriculture segment dominated the global market in terms of revenue share in 2017. This is attributed to the usage of baling twine for bundling and wrapping crops such as sugarcane, maize, soybean, cotton and corn. Furthermore, increasing use of synthetic baling twine for agricultural purposes has led to reduced costs coupled with increased efficiency which is expected to have a positive impact on industry growth over the forecast period.
Industrial application accounted for 20% share in 2017 owing to its wide scope including oil & gas industries where it is used as a fishing netting or protection rope around pipes etc. It can also be used as an alternative to steel cables when tension handling heavy loads across industrial sectors such as construction equipment manufacturing where high strength properties are required along with durability and flexibility at economical prices which will drive demand over the forecast period.
Regional Analysis:
Asia Pacific dominated the global market in 2017 and is expected to continue its dominance over the forecast period. The region accounts for a major share of global GDP, which makes it an important region from a macroeconomic point of view. China is one of the largest economies in this region and has been witnessing rapid growth since past few years owing to various factors such as low labor cost, easy availability of raw materials, etc. This factor is anticipated to bode well for regional product demand during the forecast period.
Europe also held a significant share in terms of consumption but was second after Asia Pacific on account of higher production levels coupled with better economic conditions across countries like Germany and U.K.
Growth Factors:
- Increasing demand for synthetic baling twine from the agricultural sector as it is durable and does not rot
- Rising demand for synthetic baling twine from the packaging industry as it is strong and does not tear easily
- Growing popularity of synthetic baling twine among small-scale farmers due to its low cost and easy availability
- Technological advancements in the production of synthetic baling twine that has resulted in higher quality products
- Increasing awareness about the benefits of using synthetic baling twine over traditional materials such as cotton, hemp, etc., among farmers
Scope Of The Report
Report Attributes
Report Details
Report Title
Synthetic Baling Twine Market Research Report
By Type
Rayon Baling Twine, Nylon Baling Twine, Polypropylene Baling Twine, Polyethylene Baling Twine, Otheres
By Application
Agriculture, Industrial, Fishing Industry, Others
By Companies
Cordexagri, Percamsa, Azuka Synthetics LLP, GRPP, Amjay Ropes & Twines Limited, Cotesi UK, Taian Cord Rope Co., Ltd, Henry Winning & Company, Asia Dragon Cord & Twine, Pro-Pac Packaging Group (PPG), Independent Twine Manufacture, Bristol Rope & Twine, SIMA, VisscherHolland, Esskay Plastics, Pretty Good Twine Co.
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 Synthetic Baling Twine Market Report Segments:
The global Synthetic Baling Twine market is segmented on the basis of:
Types
Rayon Baling Twine, Nylon Baling Twine, Polypropylene Baling Twine, Polyethylene Baling Twine, Otheres
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
Agriculture, Industrial, Fishing Industry, 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:
- Cordexagri
- Percamsa
- Azuka Synthetics LLP
- GRPP
- Amjay Ropes & Twines Limited
- Cotesi UK
- Taian Cord Rope Co., Ltd
- Henry Winning & Company
- Asia Dragon Cord & Twine
- Pro-Pac Packaging Group (PPG)
- Independent Twine Manufacture
- Bristol Rope & Twine
- SIMA
- VisscherHolland
- Esskay Plastics
- Pretty Good Twine Co.
Highlights of The Synthetic Baling Twine 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:
- Rayon Baling Twine
- Nylon Baling Twine
- Polypropylene Baling Twine
- Polyethylene Baling Twine
- Otheres
- By Application:
- Agriculture
- Industrial
- Fishing Industry
- 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 Synthetic Baling Twine 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?
Synthetic baling twine is a type of synthetic fiber rope made from polypropylene or other synthetic materials. It is often used to tie bundles of hay, straw, or other materials together for storage or transport.
Some of the major players in the synthetic baling twine market are Cordexagri, Percamsa, Azuka Synthetics LLP, GRPP, Amjay Ropes & Twines Limited, Cotesi UK, Taian Cord Rope Co., Ltd, Henry Winning & Company, Asia Dragon Cord & Twine, Pro-Pac Packaging Group (PPG), Independent Twine Manufacture, Bristol Rope & Twine, SIMA, VisscherHolland, Esskay Plastics, Pretty Good Twine Co..
The synthetic baling twine 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. Synthetic Baling Twine 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. Synthetic Baling Twine Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Synthetic Baling Twine Market - Supply Chain
4.5. Global Synthetic Baling Twine Market Forecast
4.5.1. Synthetic Baling Twine Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Synthetic Baling Twine Market Size (000 Units) and Y-o-Y Growth
4.5.3. Synthetic Baling Twine Market Absolute $ Opportunity
5. Global Synthetic Baling Twine 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. Synthetic Baling Twine Market Size and Volume Forecast by Type
5.3.1. Rayon Baling Twine
5.3.2. Nylon Baling Twine
5.3.3. Polypropylene Baling Twine
5.3.4. Polyethylene Baling Twine
5.3.5. Otheres
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Synthetic Baling Twine 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. Synthetic Baling Twine Market Size and Volume Forecast by Application
6.3.1. Agriculture
6.3.2. Industrial
6.3.3. Fishing Industry
6.3.4. Others
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Synthetic Baling Twine 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. Synthetic Baling Twine 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 Synthetic Baling Twine 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. Synthetic Baling Twine 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 Synthetic Baling Twine Demand Share Forecast, 2019-2026
9. North America Synthetic Baling Twine 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 Synthetic Baling Twine 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 Synthetic Baling Twine Market Size and Volume Forecast by Application
9.4.1. Agriculture
9.4.2. Industrial
9.4.3. Fishing Industry
9.4.4. Others
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Synthetic Baling Twine Market Size and Volume Forecast by Type
9.7.1. Rayon Baling Twine
9.7.2. Nylon Baling Twine
9.7.3. Polypropylene Baling Twine
9.7.4. Polyethylene Baling Twine
9.7.5. Otheres
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 Synthetic Baling Twine Demand Share Forecast, 2019-2026
10. Latin America Synthetic Baling Twine 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 Synthetic Baling Twine 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 Synthetic Baling Twine Market Size and Volume Forecast by Application
10.4.1. Agriculture
10.4.2. Industrial
10.4.3. Fishing Industry
10.4.4. Others
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Synthetic Baling Twine Market Size and Volume Forecast by Type
10.7.1. Rayon Baling Twine
10.7.2. Nylon Baling Twine
10.7.3. Polypropylene Baling Twine
10.7.4. Polyethylene Baling Twine
10.7.5. Otheres
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 Synthetic Baling Twine Demand Share Forecast, 2019-2026
11. Europe Synthetic Baling Twine 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 Synthetic Baling Twine 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 Synthetic Baling Twine Market Size and Volume Forecast by Application
11.4.1. Agriculture
11.4.2. Industrial
11.4.3. Fishing Industry
11.4.4. Others
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Synthetic Baling Twine Market Size and Volume Forecast by Type
11.7.1. Rayon Baling Twine
11.7.2. Nylon Baling Twine
11.7.3. Polypropylene Baling Twine
11.7.4. Polyethylene Baling Twine
11.7.5. Otheres
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 Synthetic Baling Twine Demand Share, 2019-2026
12. Asia Pacific Synthetic Baling Twine 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 Synthetic Baling Twine 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 Synthetic Baling Twine Market Size and Volume Forecast by Application
12.4.1. Agriculture
12.4.2. Industrial
12.4.3. Fishing Industry
12.4.4. Others
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Synthetic Baling Twine Market Size and Volume Forecast by Type
12.7.1. Rayon Baling Twine
12.7.2. Nylon Baling Twine
12.7.3. Polypropylene Baling Twine
12.7.4. Polyethylene Baling Twine
12.7.5. Otheres
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 Synthetic Baling Twine Demand Share, 2019-2026
13. Middle East & Africa Synthetic Baling Twine 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 Synthetic Baling Twine 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 Synthetic Baling Twine Market Size and Volume Forecast by Application
13.4.1. Agriculture
13.4.2. Industrial
13.4.3. Fishing Industry
13.4.4. Others
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Synthetic Baling Twine Market Size and Volume Forecast by Type
13.7.1. Rayon Baling Twine
13.7.2. Nylon Baling Twine
13.7.3. Polypropylene Baling Twine
13.7.4. Polyethylene Baling Twine
13.7.5. Otheres
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 Synthetic Baling Twine Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Synthetic Baling Twine Market: Market Share Analysis
14.2. Synthetic Baling Twine Distributors and Customers
14.3. Synthetic Baling Twine Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Cordexagri
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Percamsa
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Azuka Synthetics LLP
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. GRPP
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Amjay Ropes & Twines Limited
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Cotesi UK
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Taian Cord Rope 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. Henry Winning & Company
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Asia Dragon Cord & Twine
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. Pro-Pac Packaging Group (PPG)
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. Independent Twine Manufacture
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. Bristol Rope & Twine
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. SIMA
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. VisscherHolland
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. Esskay Plastics
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. Pretty Good Twine Co.
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
