India Steel Wire Rope & Plastic Rope Market (2025-2031) Outlook | Forecast, Analysis, Companies, Revenue, Size, Share, Value, Trends, Growth & Industry

Market Forecast By Typeof Lay (Regular Lay, Lang Lay), By Material Type (PP, PET, Nylon, HMPE, Specialty fibers), By Application (Marine & Fishing, Sports & Leisure, Oil & Gas, Industrial & Crane, Mining, Construction, Others) And Competitive Landscape
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 Steel Wire Rope & Plastic Rope Market Top 5 Importing Countries and Market Competition (HHI) Analysis

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.

India Steel Wire Rope Plastic Rope Market Overview

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.

Drivers of the Market

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.

Challenges of the Market

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.

COVID-19 Impact on the Market

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.

Key Players in the Market

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.

Key Highlights of the Report:

  • India Steel Wire Rope & Plastic Rope Market Outlook
  • Market Size of India Steel Wire Rope & Plastic Rope Market, 2024
  • Forecast of India Steel Wire Rope & Plastic Rope Market, 2031
  • Historical Data and Forecast of India Steel Wire Rope & Plastic Rope Revenues & Volume for the Period 2021-2031
  • India Steel Wire Rope & Plastic Rope Market Trend Evolution
  • India Steel Wire Rope & Plastic Rope Market Drivers and Challenges
  • India Steel Wire Rope & Plastic Rope Price Trends
  • India Steel Wire Rope & Plastic Rope Porter's Five Forces
  • India Steel Wire Rope & Plastic Rope Industry Life Cycle
  • Historical Data and Forecast of India Steel Wire Rope & Plastic Rope Market Revenues & Volume By Typeof Lay for the Period 2021-2031
  • Historical Data and Forecast of India Steel Wire Rope & Plastic Rope Market Revenues & Volume By Regular Lay for the Period 2021-2031
  • Historical Data and Forecast of India Steel Wire Rope & Plastic Rope Market Revenues & Volume By Lang Lay for the Period 2021-2031
  • Historical Data and Forecast of India Steel Wire Rope & Plastic Rope Market Revenues & Volume By Material Type for the Period 2021-2031
  • Historical Data and Forecast of India Steel Wire Rope & Plastic Rope Market Revenues & Volume By PP for the Period 2021-2031
  • Historical Data and Forecast of India Steel Wire Rope & Plastic Rope Market Revenues & Volume By PET for the Period 2021-2031
  • Historical Data and Forecast of India Steel Wire Rope & Plastic Rope Market Revenues & Volume By Nylon for the Period 2021-2031
  • Historical Data and Forecast of India Steel Wire Rope & Plastic Rope Market Revenues & Volume By HMPE for the Period 2021-2031
  • Historical Data and Forecast of India Steel Wire Rope & Plastic Rope Market Revenues & Volume By Specialty fibers for the Period 2021-2031
  • Historical Data and Forecast of India Steel Wire Rope & Plastic Rope Market Revenues & Volume By Application for the Period 2021-2031
  • Historical Data and Forecast of India Steel Wire Rope & Plastic Rope Market Revenues & Volume By Marine & Fishing for the Period 2021-2031
  • Historical Data and Forecast of India Steel Wire Rope & Plastic Rope Market Revenues & Volume By Sports & Leisure for the Period 2021-2031
  • Historical Data and Forecast of India Steel Wire Rope & Plastic Rope Market Revenues & Volume By Oil & Gas for the Period 2021-2031
  • Historical Data and Forecast of India Steel Wire Rope & Plastic Rope Market Revenues & Volume By Industrial & Crane for the Period 2021-2031
  • Historical Data and Forecast of India Steel Wire Rope & Plastic Rope Market Revenues & Volume By Mining for the Period 2021-2031
  • Historical Data and Forecast of India Steel Wire Rope & Plastic Rope Market Revenues & Volume By Construction for the Period 2021-2031
  • Historical Data and Forecast of India Steel Wire Rope & Plastic Rope Market Revenues & Volume By Others for the Period 2021-2031
  • India Steel Wire Rope & Plastic Rope Import Export Trade Statistics
  • Market Opportunity Assessment By Typeof Lay
  • Market Opportunity Assessment By Material Type
  • Market Opportunity Assessment By Application
  • India Steel Wire Rope & Plastic Rope Top Companies Market Share
  • India Steel Wire Rope & Plastic Rope Competitive Benchmarking By Technical and Operational Parameters
  • India Steel Wire Rope & Plastic Rope Company Profiles
  • India Steel Wire Rope & Plastic Rope Key Strategic Recommendations

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6Wresearch actively monitors the India Steel Wire Rope & Plastic Rope Market and publishes its comprehensive annual report, highlighting emerging trends, growth drivers, revenue analysis, and forecast outlook. Our insights help businesses to make data-backed strategic decisions with ongoing market dynamics. Our analysts track relevent industries related to the India Steel Wire Rope & Plastic Rope Market, allowing our clients with actionable intelligence and reliable forecasts tailored to emerging regional needs.
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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

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