| Product Code: ETC4493005 | Publication Date: Jul 2023 | Updated Date: Oct 2025 | Product Type: Report | |
| Publisher: 6Wresearch | No. of Pages: 85 | No. of Figures: 45 | No. of Tables: 25 | |
India`s import shipments of steel wire rope and plastic rope in 2024 saw a significant increase in concentration among the top exporting countries, with China, South Korea, Malaysia, Switzerland, and Vietnam dominating the market. The high Herfindahl-Hirschman Index (HHI) concentration in 2023 escalated to even higher levels in 2024. The compound annual growth rate (CAGR) from 2020 to 2024 stood at 3.05%, indicating steady growth, while the impressive growth rate of 35.94% from 2023 to 2024 signifies a notable uptick in demand for these products in the Indian market.
The India Steel Wire Rope and Plastic Rope Market encompass a broad range of applications, from construction and industrial use to transportation and safety. Steel wire ropes are known for their strength and durability, while plastic ropes offer versatility and resistance to corrosion. The market`s growth is influenced by their diverse applications across multiple sectors.
The India steel wire rope and plastic rope market is experiencing growth driven by the construction, infrastructure, and shipping industries. Steel wire ropes are essential for lifting, rigging, and anchoring applications, while plastic ropes are gaining popularity in various sectors due to their lightweight and corrosion-resistant properties. The expansion of infrastructure projects, port development, and the maritime industry is a significant driver. The need for durable and high-strength ropes for safe material handling and lifting contributes to the market`s expansion.
The steel wire rope and plastic rope market in India faces challenges related to quality control and safety. Ensuring the quality and strength of steel wire ropes is essential, especially in applications where safety is paramount. Developing plastic ropes with the right balance of strength and durability can also be demanding. Adherence to safety standards and addressing concerns about rope fatigue and longevity is crucial.
The construction and infrastructure sectors faced delays and decreased demand. However, the agricultural and logistics sectors maintained some stability, contributing to the demand for ropes and cords.
In the steel wire rope and plastic rope market, companies like Usha Martin and Balbir Singh & Sons are significant players in India. These firms specialize in manufacturing high-quality ropes used in industries such as construction, mining, and transportation.
| 1 Executive Summary | 
| 2 Introduction | 
| 2.1 Key Highlights of the Report | 
| 2.2 Report Description | 
| 2.3 Market Scope & Segmentation | 
| 2.4 Research Methodology | 
| 2.5 Assumptions | 
| 3 India Steel Wire Rope & Plastic Rope Market Overview | 
| 3.1 India Country Macro Economic Indicators | 
| 3.2 India Steel Wire Rope & Plastic Rope Market Revenues & Volume, 2021 & 2031F | 
| 3.3 India Steel Wire Rope & Plastic Rope Market - Industry Life Cycle | 
| 3.4 India Steel Wire Rope & Plastic Rope Market - Porter's Five Forces | 
| 3.5 India Steel Wire Rope & Plastic Rope Market Revenues & Volume Share, By Typeof Lay, 2021 & 2031F | 
| 3.6 India Steel Wire Rope & Plastic Rope Market Revenues & Volume Share, By Material Type, 2021 & 2031F | 
| 3.7 India Steel Wire Rope & Plastic Rope Market Revenues & Volume Share, By Application, 2021 & 2031F | 
| 4 India Steel Wire Rope & Plastic Rope Market Dynamics | 
| 4.1 Impact Analysis | 
| 4.2 Market Drivers | 
| 4.2.1 Growth in construction and infrastructure development projects in India. | 
| 4.2.2 Increasing demand for steel wire ropes and plastic ropes in the automotive industry. | 
| 4.2.3 Rising investments in the oil gas sector leading to higher demand for steel wire ropes. | 
| 4.3 Market Restraints | 
| 4.3.1 Fluctuating raw material prices impacting the production cost. | 
| 4.3.2 Competition from alternative materials like synthetic ropes. | 
| 4.3.3 Regulatory challenges related to environmental concerns and safety standards. | 
| 5 India Steel Wire Rope & Plastic Rope Market Trends | 
| 6 India Steel Wire Rope & Plastic Rope Market, By Types | 
| 6.1 India Steel Wire Rope & Plastic Rope Market, By Typeof Lay | 
| 6.1.1 Overview and Analysis | 
| 6.1.2 India Steel Wire Rope & Plastic Rope Market Revenues & Volume, By Typeof Lay, 2021-2031F | 
| 6.1.3 India Steel Wire Rope & Plastic Rope Market Revenues & Volume, By Regular Lay, 2021-2031F | 
| 6.1.4 India Steel Wire Rope & Plastic Rope Market Revenues & Volume, By Lang Lay, 2021-2031F | 
| 6.2 India Steel Wire Rope & Plastic Rope Market, By Material Type | 
| 6.2.1 Overview and Analysis | 
| 6.2.2 India Steel Wire Rope & Plastic Rope Market Revenues & Volume, By PP, 2021-2031F | 
| 6.2.3 India Steel Wire Rope & Plastic Rope Market Revenues & Volume, By PET, 2021-2031F | 
| 6.2.4 India Steel Wire Rope & Plastic Rope Market Revenues & Volume, By Nylon, 2021-2031F | 
| 6.2.5 India Steel Wire Rope & Plastic Rope Market Revenues & Volume, By HMPE, 2021-2031F | 
| 6.2.6 India Steel Wire Rope & Plastic Rope Market Revenues & Volume, By Specialty fibers, 2021-2031F | 
| 6.3 India Steel Wire Rope & Plastic Rope Market, By Application | 
| 6.3.1 Overview and Analysis | 
| 6.3.2 India Steel Wire Rope & Plastic Rope Market Revenues & Volume, By Marine & Fishing, 2021-2031F | 
| 6.3.3 India Steel Wire Rope & Plastic Rope Market Revenues & Volume, By Sports & Leisure, 2021-2031F | 
| 6.3.4 India Steel Wire Rope & Plastic Rope Market Revenues & Volume, By Oil & Gas, 2021-2031F | 
| 6.3.5 India Steel Wire Rope & Plastic Rope Market Revenues & Volume, By Industrial & Crane, 2021-2031F | 
| 6.3.6 India Steel Wire Rope & Plastic Rope Market Revenues & Volume, By Mining, 2021-2031F | 
| 6.3.7 India Steel Wire Rope & Plastic Rope Market Revenues & Volume, By Construction, 2021-2031F | 
| 7 India Steel Wire Rope & Plastic Rope Market Import-Export Trade Statistics | 
| 7.1 India Steel Wire Rope & Plastic Rope Market Export to Major Countries | 
| 7.2 India Steel Wire Rope & Plastic Rope Market Imports from Major Countries | 
| 8 India Steel Wire Rope & Plastic Rope Market Key Performance Indicators | 
| 8.1 Average selling price (ASP) of steel wire ropes and plastic ropes. | 
| 8.2 Utilization rate of manufacturing capacity. | 
| 8.3 Number of new product launches and innovations in the market. | 
| 8.4 Percentage of revenue from export sales. | 
| 8.5 Customer satisfaction and retention rates. | 
| 9 India Steel Wire Rope & Plastic Rope Market - Opportunity Assessment | 
| 9.1 India Steel Wire Rope & Plastic Rope Market Opportunity Assessment, By Typeof Lay, 2021 & 2031F | 
| 9.2 India Steel Wire Rope & Plastic Rope Market Opportunity Assessment, By Material Type, 2021 & 2031F | 
| 9.3 India Steel Wire Rope & Plastic Rope Market Opportunity Assessment, By Application, 2021 & 2031F | 
| 10 India Steel Wire Rope & Plastic Rope Market - Competitive Landscape | 
| 10.1 India Steel Wire Rope & Plastic Rope Market Revenue Share, By Companies, 2024 | 
| 10.2 India Steel Wire Rope & Plastic Rope Market Competitive Benchmarking, By Operating and Technical Parameters | 
| 11 Company Profiles | 
| 12 Recommendations | 
| 13 Disclaimer |