Twine and Cordage Market Size and Forecasts (2021 - 2031), Global and Regional Share, Trends, and Growth Opportunity Analysis

MARKET INTRODUCTION

Cordage and twine are two forms of strings that are used to bind different materials together to make ropes and cables. Cordage is made up of multiple multi-piled materials, whereas twine is made up of several single strands of material. Cordage and twines come in a variety of materials, including natural fibre and synthetic, and are utilized in a variety of industries, including mining, oil & gas, construction, marine, entertainment, defence & aerospace, etc.

MARKET DYNAMICS

Increasing industrialization and construction activities is driving the growth of the twine & cordage market. Furthermore, manufacturers are focusing on bio-degradable and natural materials, such as natural jute fiber which is anticipated to create market opportunities for the twine & cordage market during the forecast period. However, stoppage of manufacturing work and unavailability of raw materials and workforce due to covid-19 may restrain the growth of the twine & cordage market.

MARKET SCOPE

The "Twine & Cordage Market" is a specialized and in-depth study of the chemicals and materials industry with a particular focus on the global market trend analysis. The report aims to provide an overview of the twine & cordage market with detailed market segmentation by material and by end-use industry. The twine & cordage market is expected to witness high growth during the forecast period. The report key trends and opportunities in the market.

MARKET SEGMENTATION

The twine & cordage market is segmented by material into natural and synthetic. By end-use industry, the twine & cordage market is classified into agriculture, building and construction, mining, and others.

REGIONAL FRAMEWORK

The report provides a detailed overview of the industry, including both qualitative and quantitative information. It provides an overview and forecast of the global twine & cordage market based on various segments. It also provides market size and forecast estimates from the year 2021 to 2031 concerning five major regions, namely, North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA), and South America. The twine & cordage market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally, along with the current trend and opportunities prevailing in the region.
The report analyzes factors affecting the twine & cordage market from both demand and supply side. Further, it evaluates market dynamics affecting the market during the forecast period, i.e., drivers, restraints, opportunities, and future trends. The report also provides exhaustive PEST analysis for all five regions, namely, North America, Europe, APAC, MEA, and South America, after evaluating political, economic, social, and technological factors affecting the twine & cordage market in these regions.

MARKET PLAYERS

The report covers vital developments in the twine & cordage market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals, and others, such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions and partnerships & collaborations. These activities have paved the way for the expansion of business and customer base of market players. The market players from the twine & cordage market are anticipated to witness lucrative growth opportunities in the future with the rising demand for twine & cordage in the global market. Below mentioned is the list of few companies engaged in the twine & cordage market.
The report also includes the profiles of key companies along with their SWOT analysis and market strategies in the twine & cordage market. Besides, the report focuses on leading industry players with information such as company profiles, products, and services offered, financial information of the last three years, the critical development in the past five years.
- Atlantic Braids Limited
- Axiom Cordages Limited
- Cortland limited
- Pentagon Corporation
- Samson rope technologies
- Seaco Industries
- TEUFELBERGER Fiber Rope GmbH
- Usha Martin Limited
- Yale Cordage Inc.
- Marlow Ropes Ltd.
The Insight Partner's dedicated research and analysis team consists of experienced professionals with advanced statistical expertise and offers various customization options in the current study.

Twine and Cordage Report Scope