Raipur, Dec. 11, 2022 (GLOBE NEWSWIRE) -- Stratview Research, a leading market research firm has launched a report on the Structure Ropes Market which provides an in-depth analysis of the market dynamics, current and emerging trends, industry forecast, and competitive landscape.
Click here to get the free sample pdf:
https://www.stratviewresearch.com/Request-Sample/2898/structure-ropes-market.html#form
How is the Report Helpful?
The report has a very high utility for the key decision-makers and strategists in terms of accurate market insights, future growth opportunities, and key success factors.
Most importantly, the report analyses the possible impact of COVID-19 on the market dynamics which offers cushioning against the uncertain business environment and helps in streamlining the resources and investment decisions in a fruitful manner.
Structure Ropes Market Segmentation:
Stratview Research has segmented the market in the following ways which fulfill the market data needs of multiple stakeholders across the industry value chain.
- Application Type - Bridges [Cable-Stay Bridge, Tied Arch Bridge, Architectural Footbridge, and Suspension Bridge], Roof Structures [Stadium & Arena Roofs and Membrane & Glass Roofs], Stayed Masts and Towers [Telecommunication Masts], and Specialized Structural Projects [Ferris wheel],
- Raw Material Type - Steel Rope and Synthetic Rope
- End-User Type - OE and Aftermarket
- Region - North America [The USA, Canada, and Mexico], Europe [Germany, France, The UK, Italy, and Rest of Europe], Asia-Pacific [China, Japan, India, and Rest of Asia-Pacific], and Rest of the World [Saudi Arabia, Brazil, and Others].
Structure Ropes Market Insights
Based on the application type, bridges held the largest share of the pie in 2021, and are expected to maintain their leading positions during the forecast period. The bridge's application segment is further bifurcated into cable-stay bridge, tied structural bridge, architectural bridge, and suspension bridge. Similarly, roof structures are sub-segmented as stadium & arena roofs and membrane & glass roofs.
Based on the raw material type, Steel ropes dominated the market in 2021, and are likely to grow at a higher rate during the forecast period. Steel ropes are stiffer and can withstand greater stress, which has led to their widespread usage in the industry.
Which region offers the best opportunity and growth?
North America is expected to remain the largest market for structure ropes during the forecast period. The USA leads the North American structure ropes market, owing to its massive infrastructure spending on both new construction and repair.
Europe holds the second-leading position in the market and is expected to maintain its position over the forecast period. On account of rapid urbanization, expanding 5G infrastructure, and increasing investments in basic infrastructure requirements such as bridges and stadiums, Asia-Pacific is expected to witness the highest growth in the coming years
COVID-19 Impact on the Structure Ropes Market
The Covid-19 pandemic wreaked havoc on industries. The structure ropes market was no exception, suffering a severe setback as a result of a halt in construction activities, supply chain disruption, lockdowns, and a global shrinking economy. As the lockdowns eased and massive vaccination drives began, all industries started recovering gradually. The structure ropes market witnessed a growth of 1.9% in 2021 and is expected to reach its pre-Covid figure by 2022
To know more about the covid-19 impact, get a free sample report, here:
https://www.stratviewresearch.com/Request-Sample/2898/structure-ropes-market.html#form
Who are the Top Market Players?
The following are some of the key players in the structure ropes market:
- Bridon-Bekaert (The Ropes Group)
- Fatzer AG (BRUGG Group)
- Teufelberger-Redaelli
- Usha Martin Limited
- WireCo World Group
What deliverables will you get in this report?
- In-depth analysis of the Structure ropes market
- Detailed market segmentation.
- Competitive-landscape analysis.
- Historical, present, and future market size analysis.
- Industry trends, technologies, and advancements.
- Growth and operation strategies adopted by key players.
- Potential segments/regions offering promising growth.
- Geographical presence of the key players.
Related reports which might be useful:
- Road Marking Materials Market
- Industrial Flooring Market
- Resin Flooring Market
- Performance Flooring Market
- Air Barriers Market
About us –
Stratview Research is a global market research firm that offers reliable market reports, market entry strategies, strategic growth consulting, and more. The market experts compile high-quality market information to help users obtain granular level clarity on current business trends and expected future developments. Stratview Research also offers customisation of the reports. Reach out to the analysts to customize the given report according to your priority/requirement.
Stratview Research has also launched 'Composights', an online portal that offers free thought leadership reports, whitepapers, market report synopsis, and much more for Composites and allied industries, worth US$ 20,000 every year.
Click here to sign up (No costs involved):
https://www.stratviewresearch.com/composights/sign-in
