Global Steel Wire Rope & Plastic Rope Markets, 2021-2026: Marine & Fishing, Sports & Leisure, Oil & Gas, Industrial & Crane - ResearchAndMarkets.com
However, global pandemic disease COVID-19 has disrupted the operations of various end-use applications which has decreased the demand for steel wire rope & plastic rope in 2020.
- However, global pandemic disease COVID-19 has disrupted the operations of various end-use applications which has decreased the demand for steel wire rope & plastic rope in 2020.
- APAC is projected to register the highest CAGR in terms of value in the global steel wire rope & plastic rope market during the forecast period.
- The steel wire rope market in APAC is driven by the increasing consumption in the industrial & crane, mining, and construction sectors.
- The recovery in the end-use applications with restoration in the supply chain would drive the steel wire ropes & plastic ropes demand during the forecast period.