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Synthetic fibers are man-made fibers, which include nylon, polyester, polypropylene, or high-performance fibers such as high modulus polyethylene (HMPE). ....
Synthetic Rope Market Size Forecast to Reach $2.1 Billion by 2025 Primary Factor Driving the Global Synthetic Rope Market Is Its Properties Such as Durability, High Tensile Strength, Light Weight, High Performance and Safety Features. Synthetic Rope Market BriefingWire.com, 4/08/2021 - Synthetic Rope Market size is forecast to reach $2.1 billion by 2025, after growing at a CAGR of 5.6% during 2020-2025. The demand is strongly influenced by the low weight and high strength characteristics of synthetic ropes. The safety aspect of synthetic ropes is another main factor that is expected to drive this market. Synthetic ropes are comparatively safer to use compared to steel wire ropes that are commonly used by the marine, mining, and Oil & gas industries. Better properties associated with synthetic rope for industrial use have contributed to a substantial rise in the market. Increased use in various industries due to its improved ability t ....