Market Challenges And Opportunities
The availability of alternatives such as polyester and polypropylene and high cost of the UHMWPE rope are factors that could restrain growth of the global ultra-high molecular weight polyethylene ropes market. For instance, Naroc Rope Tech offers Bell Mix rope, which is a compound rope made from polyester yarn and high strength polypropylene yarn, in order to increase the strength of the rope. Therefore, easy availability of such substitute products is expected to negatively impact growth of the market.