Global Wire Rope Sling Market Growth 2023-2029

Global Wire Rope Sling Market Growth 2023-2029

Product Code:464376

Published Date: Feb 08,2023

Pages: 118

Region: Global

Category: Chemical & Material

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Wire rope slings, sometimes referred to as wire cable slings are more robust and durable than nylon slings and also have higher temperature limits. Wire rope slings with an independent wire rope core (IWRC) can withstand contact and exposure temperatures up to 400 degrees (F). The Wire Rope Sling market covers Pressed Wire Rope Sling, Insert Wire Rope Sling, etc. The typical players include Dolezych, Franklin Offshore Group, Lift-All, Midco Sling, Unirope, WireCo WorldGroup (Union Wire Rope), Certex USA, Gunnebo Industries AB, etc.

LPI (LP Information)' newest research report, the “Wire Rope Sling Industry Forecast” looks at past sales and reviews total world Wire Rope Sling sales in 2022, providing a comprehensive analysis by region and market sector of projected Wire Rope Sling sales for 2023 through 2029. With Wire Rope Sling sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Wire Rope Sling industry.

This Insight Report provides a comprehensive analysis of the global Wire Rope Sling landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Wire Rope Sling portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Wire Rope Sling market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Wire Rope Sling and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Wire Rope Sling.

The global Wire Rope Sling market size is projected to grow from US$ 558 million in 2022 to US$ 930.1 million in 2029; it is expected to grow at a CAGR of 930.1 from 2023 to 2029.

Global key players of Wire Rope Sling include WireCo WorldGroup (Union Wire Rope), Franklin Offshore Group and Juli Sling, etc. Global top three manufacturers hold a share nearly 30%. United States is the largest producer of Wire Rope Sling, followed by China and Europe.

This report presents a comprehensive overview, market shares, and growth opportunities of Wire Rope Sling market by product type, application, key manufacturers and key regions and countries.

Market Segmentation:
Segmentation by type
    Pressed Wire Rope Sling
    Insert Wire Rope Sling
    Cast Wire Rope Sling
    Others

Segmentation by application
    Oil & Gas
    Construction & Industrial Lifting
    Other

This report also splits the market by region:
    Americas
        United States
        Canada
        Mexico
        Brazil
    APAC
        China
        Japan
        Korea
        Southeast Asia
        India
        Australia
    Europe
        Germany
        France
        UK
        Italy
        Russia
    Middle East & Africa
        Egypt
        South Africa
        Israel
        Turkey
        GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
    WireCo WorldGroup (Union Wire Rope)
    Franklin Offshore Group
    Juli Sling
    PFEIFER
    Tokyo Rope
    Bridon-Bekaert
    Certex
    Safety Rope
    Jiangsu Langshan Wire Rope
    Dolezych
    Gunnebo Industries AB
    Holloway Houston
    Xianyang BOMCO Steel Tube & Wire Rope
    Lift-All
    Unirope
    Ashley Sling
    Midco Sling
    Guizhou Steel Rope

Key Questions Addressed in this Report
What is the 10-year outlook for the global Wire Rope Sling market?
What factors are driving Wire Rope Sling market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Wire Rope Sling market opportunities vary by end market size?
How does Wire Rope Sling break out type, application?
What are the influences of COVID-19 and Russia-Ukraine war?