Global Wire Rope Sling Market is expected to grow at a significant CAGR in the upcoming years as the scope and its applications are rising enormously across the globe. Wire rope slings are the equipment’s that are strong and an excellent for heavy duty jobs like anchoring loads, lifting, towing, or hoisting loads. It has an excellent abrasion-resistance and heat resistance and therefore can be used in extreme conditions and temperatures. It is available in various different shapes, in which 6x36 and 6x19 are the two most commonly used. These rope slings are exclusively used in numerous industries like mining, oil & gas, manufacturing, and construction, as they are versatile, strong, and durable.
Wire Rope Sling Market is segmented based on product types, applications, and region. Product types such as Tri-Flex Slings, Single, Double, Triple and Quad Leg Slings, Cable laid Slings, 8-Part Braided Slings, and others classify Wire Rope Sling industry. Applications into Construction & Industrial Lifting, Offshore Service Equipment, Installation of Oilfield Drilling Platforms, Subsea Lifting Application, and others classify Wire Rope Sling industry.
Wire Rope Sling Market is segmented geographically into Americas (North America, Latin America), Europe (Eastern Europe, Western Europe), Asia Pacific, Latin America, Middle East and Africa. Globally, Asia Pacific accounts the largest market share of Wire Rope Sling industry and is estimated to lead the overall market in the years to come. The developing regions like India and China are the major consumer of Wire Rope Sling Market in this region.
The key players of Wire Rope Sling Market are Jiangsu Safety Steel Wire Rope, Lift-All, Ashley Sling, Super Slings, Bishop Lifting Products, Certex, SWR, Midco Sling, Holloway Houston, UNIROPE, Slingmax, Page Wire Rope, Gunnebo Industrie, Mid-America Rigging, and WireCo. These players are concentrating on inorganic growth to sustain themselves amongst fierce competition. As such, mergers, acquisitions, and joint ventures are the need of the hour.
Geographically, this report is segmented into several key Regions, with production, consumption, revenue (million USD), market share and growth rate of Wire Rope Sling in these regions, from 2013 to 2025 (forecast), covering
• North America
• Southeast Asia
Global Wire Rope Sling market competition by top manufacturers, with production, price, revenue (value) and market share for each manufacturer; the top players including
• Super Slings
• Midco Sling
• Page Wire Rope
• Mid-America Rigging
• Gunnebo Industrie
• Holloway Houston
• Bishop Lifting Products
• Ashley Sling
• Jiangsu Safety Steel Wire Rope
On the basis of product, this report displays the production, revenue, price, market share and growth rate of each type, primarily split into
Single, double, triple and quad leg slings
• 8-part braided slings
• Cable Laid slings
• Tri-Flex slings
• Other Types
On the basis of the end users/applications, this report focuses on the status and outlook for major applications/end users, consumption (sales), market share and growth rate for each application, including
• Offshore service equipment
• Subsea lifting application
• Installation of oilfield drilling platforms
• Construction & industrial lifting
Research Support Specialist, USA