ULTRA-HIGH MOLECULAR WEIGHT POLYETHYLENE ROPES MARKET ANALYSIS

Market News

Key Developments

• Key players are strategically investing in research and development, in order to enhance their product portfolio. Furthermore, players are focusing on inorganic strategies For instance, WireCo World Group Inc., a company focused on producing and marketing of rope and cable, acquired Royal Lankhorst Euronete Group, to develop synthetic rope in 2012.
• Furthermore, Samson and The Manitowoc Company jointly launched Manitowoc’s Grove RT770E rough-terrain mobile crane, which features the first fully synthetic hoist rope designed specifically for mobile cranes, in March 2014.
• In October 2018, Marlow Ropes Ltd. partnered with DSM N.V. to launch premium racing rope ranges using DSM’s Dyneema brand (UHMWPE fiber). The new product launch helped Marlow Ropes to expand its product portfolio in UHMWPE rope segment.
• In January 2019, Samson Rope Technologies, Inc. introduced three new running rigging lines for sailors upgrading its current XLS and MLX franchise with MLX3, XLS3 and GPX. These new lines have been developed and tailored to sailors’ requirements.
• In October 2019, Teufelberger Holding AG launched a limited edition pink drenaLINE climbing rope for arborist.