Global Construction Cranes Ropes Market 2025 by Manufacturers, Regions, Type and Application, Forecast to 2031
Description
According to our (Global Info Research) latest study, the global Construction Cranes Ropes market size was valued at US$ 2217 million in 2024 and is forecast to a readjusted size of USD 2463 million by 2031 with a CAGR of 1.5% during review period.
Construction crane wire rope is a high-strength wire rope used in construction equipment such as tower cranes, construction hoists and bridge cranes. It is mainly used for material lifting, hoisting and traction operations. It is usually made of multiple strands of high-carbon steel wire, with high tensile strength, wear resistance and fatigue resistance to cope with the high-frequency heavy-load use requirements of construction sites. In order to improve service life and safety, wire ropes are often galvanized, rust-proof coated or lubricated to enhance their corrosion resistance and flexibility, ensure stable operation in complex environments, and ensure construction safety.
The global construction crane wire rope market is entering a growth cycle with the acceleration of urbanization and the expansion of infrastructure investment. The market size in 2023 is about 1.2 billion US dollars, and it is expected to reach 1.8 billion US dollars in 2030, with a compound annual growth rate of about 5.8%. The core driving force on the demand side comes from large-scale infrastructure in emerging economies (such as China's "new infrastructure", India's smart city plan, and the upgrade of Southeast Asian transportation networks) and the renovation of old infrastructure in developed countries (such as the US "Bipartisan Infrastructure Act" with an average annual investment of more than 40 billion US dollars). The increase in the proportion of high-rise buildings (the number of skyscrapers over 200 meters in the world has increased by 120% in ten years) and the popularization of modular construction technology have further promoted the demand for high-strength and high-durability wire ropes. In terms of regional distribution, Asia-Pacific (led by China and India) accounts for more than 60% of the global share, followed by Europe (driven by green building regulations) and the Middle East (super-large projects such as Saudi Arabia's "NEOM New City"), and the African and Latin American markets are limited by funds and industrialization levels. The growth rate is relatively slow.
Analysis of core influencing factors:
Technology upgrade and safety standard improvement: The working conditions of construction cranes are complex (high-frequency lifting, dusty and humid environment), driving wire ropes to iterate towards ultra-high strength (above 1960MPa), wear resistance (polyurethane coating, compact strand structure) and anti-rotation characteristics.
Cost efficiency and supply chain resilience: On the raw material side, high-carbon steel wire accounts for 60%-70% of the production cost, and its price is significantly affected by the fluctuations in iron ore and energy prices (the European energy crisis in 2023 caused steel prices to rise by 25%); geopolitical conflicts (such as Red Sea shipping risks) and trade barriers (US anti-dumping duties on Chinese wire ropes) force companies to accelerate regional production capacity localization.
In terms of substitutes, synthetic fiber ropes (such as ultra-high molecular weight polyethylene) are increasingly used in small cranes due to their lightweight (40% weight reduction) characteristics, but their insufficient compressive resistance and ultraviolet aging defects limit comprehensive replacement.
Future Outlook: Enterprises need to build a moat through technological innovation, service-side binding with leading construction groups (such as China Construction and Vinci), and low-carbon supply chain (green steel procurement accounts for more than 30%) to cope with the dual pressures of cyclical fluctuations and structural transformation in the industry.
This report is a detailed and comprehensive analysis for global Construction Cranes Ropes market. Both quantitative and qualitative analyses are presented by manufacturers, by region & country, by Type and by Application. As the market is constantly changing, this report explores the competition, supply and demand trends, as well as key factors that contribute to its changing demands across many markets. Company profiles and product examples of selected competitors, along with market share estimates of some of the selected leaders for the year 2025, are provided.
Key Features:
Global Construction Cranes Ropes market size and forecasts, in consumption value ($ Million), sales quantity (K MT), and average selling prices (US$/MT), 2020-2031
Global Construction Cranes Ropes market size and forecasts by region and country, in consumption value ($ Million), sales quantity (K MT), and average selling prices (US$/MT), 2020-2031
Global Construction Cranes Ropes market size and forecasts, by Type and by Application, in consumption value ($ Million), sales quantity (K MT), and average selling prices (US$/MT), 2020-2031
Global Construction Cranes Ropes market shares of main players, shipments in revenue ($ Million), sales quantity (K MT), and ASP (US$/MT), 2020-2025
The Primary Objectives in This Report Are:
To determine the size of the total market opportunity of global and key countries
To assess the growth potential for Construction Cranes Ropes
To forecast future growth in each product and end-use market
To assess competitive factors affecting the marketplace
This report profiles key players in the global Construction Cranes Ropes market based on the following parameters - company overview, sales quantity, revenue, price, gross margin, product portfolio, geographical presence, and key developments. Key companies covered as a part of this study include Kiswire, Bridon-Bekaert, WireCo World Group, Usha Martin, Jiangsu langshan Wrie Rope, Teufelberger, Guizhou steel rope, DSR Wire, Tokyo Rope, Brugg, etc.
This report also provides key insights about market drivers, restraints, opportunities, new product launches or approvals.
Market Segmentation
Construction Cranes Ropes market is split by Type and by Application. For the period 2020-2031, the growth among segments provides accurate calculations and forecasts for consumption value by Type, and by Application in terms of volume and value. This analysis can help you expand your business by targeting qualified niche markets.
Market segment by Type
Right Regular Lay
Right Lang Lay
Left Regular Lay
Left Lang Lay
Market segment by Application
Tower Cranes
Gantry Cranes
Other
Major players covered
Kiswire
Bridon-Bekaert
WireCo World Group
Usha Martin
Jiangsu langshan Wrie Rope
Teufelberger
Guizhou steel rope
DSR Wire
Tokyo Rope
Brugg
Jiangsu Juliwire Rope
Xianyang BOMCO Steel Tube＆Wirerope
Kobelco Wire
SAFETY
Gustav Wolf
Jiangsu Shenwang group
Zhongying steel rope
Market segment by region, regional analysis covers
North America (United States, Canada, and Mexico)
Europe (Germany, France, United Kingdom, Russia, Italy, and Rest of Europe)
Asia-Pacific (China, Japan, Korea, India, Southeast Asia, and Australia)
South America (Brazil, Argentina, Colombia, and Rest of South America)
Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa, and Rest of Middle East & Africa)
The content of the study subjects, includes a total of 15 chapters:
Chapter 1, to describe Construction Cranes Ropes product scope, market overview, market estimation caveats and base year.
Chapter 2, to profile the top manufacturers of Construction Cranes Ropes, with price, sales quantity, revenue, and global market share of Construction Cranes Ropes from 2020 to 2025.
Chapter 3, the Construction Cranes Ropes competitive situation, sales quantity, revenue, and global market share of top manufacturers are analyzed emphatically by landscape contrast.
Chapter 4, the Construction Cranes Ropes breakdown data are shown at the regional level, to show the sales quantity, consumption value, and growth by regions, from 2020 to 2031.
Chapter 5 and 6, to segment the sales by Type and by Application, with sales market share and growth rate by Type, by Application, from 2020 to 2031.
Chapter 7, 8, 9, 10 and 11, to break the sales data at the country level, with sales quantity, consumption value, and market share for key countries in the world, from 2020 to 2025.and Construction Cranes Ropes market forecast, by regions, by Type, and by Application, with sales and revenue, from 2026 to 2031.
Chapter 12, market dynamics, drivers, restraints, trends, and Porters Five Forces analysis.
Chapter 13, the key raw materials and key suppliers, and industry chain of Construction Cranes Ropes.
Chapter 14 and 15, to describe Construction Cranes Ropes sales channel, distributors, customers, research findings and conclusion.
Construction crane wire rope is a high-strength wire rope used in construction equipment such as tower cranes, construction hoists and bridge cranes. It is mainly used for material lifting, hoisting and traction operations. It is usually made of multiple strands of high-carbon steel wire, with high tensile strength, wear resistance and fatigue resistance to cope with the high-frequency heavy-load use requirements of construction sites. In order to improve service life and safety, wire ropes are often galvanized, rust-proof coated or lubricated to enhance their corrosion resistance and flexibility, ensure stable operation in complex environments, and ensure construction safety.
The global construction crane wire rope market is entering a growth cycle with the acceleration of urbanization and the expansion of infrastructure investment. The market size in 2023 is about 1.2 billion US dollars, and it is expected to reach 1.8 billion US dollars in 2030, with a compound annual growth rate of about 5.8%. The core driving force on the demand side comes from large-scale infrastructure in emerging economies (such as China's "new infrastructure", India's smart city plan, and the upgrade of Southeast Asian transportation networks) and the renovation of old infrastructure in developed countries (such as the US "Bipartisan Infrastructure Act" with an average annual investment of more than 40 billion US dollars). The increase in the proportion of high-rise buildings (the number of skyscrapers over 200 meters in the world has increased by 120% in ten years) and the popularization of modular construction technology have further promoted the demand for high-strength and high-durability wire ropes. In terms of regional distribution, Asia-Pacific (led by China and India) accounts for more than 60% of the global share, followed by Europe (driven by green building regulations) and the Middle East (super-large projects such as Saudi Arabia's "NEOM New City"), and the African and Latin American markets are limited by funds and industrialization levels. The growth rate is relatively slow.
Analysis of core influencing factors:
Technology upgrade and safety standard improvement: The working conditions of construction cranes are complex (high-frequency lifting, dusty and humid environment), driving wire ropes to iterate towards ultra-high strength (above 1960MPa), wear resistance (polyurethane coating, compact strand structure) and anti-rotation characteristics.
Cost efficiency and supply chain resilience: On the raw material side, high-carbon steel wire accounts for 60%-70% of the production cost, and its price is significantly affected by the fluctuations in iron ore and energy prices (the European energy crisis in 2023 caused steel prices to rise by 25%); geopolitical conflicts (such as Red Sea shipping risks) and trade barriers (US anti-dumping duties on Chinese wire ropes) force companies to accelerate regional production capacity localization.
In terms of substitutes, synthetic fiber ropes (such as ultra-high molecular weight polyethylene) are increasingly used in small cranes due to their lightweight (40% weight reduction) characteristics, but their insufficient compressive resistance and ultraviolet aging defects limit comprehensive replacement.
Future Outlook: Enterprises need to build a moat through technological innovation, service-side binding with leading construction groups (such as China Construction and Vinci), and low-carbon supply chain (green steel procurement accounts for more than 30%) to cope with the dual pressures of cyclical fluctuations and structural transformation in the industry.
This report is a detailed and comprehensive analysis for global Construction Cranes Ropes market. Both quantitative and qualitative analyses are presented by manufacturers, by region & country, by Type and by Application. As the market is constantly changing, this report explores the competition, supply and demand trends, as well as key factors that contribute to its changing demands across many markets. Company profiles and product examples of selected competitors, along with market share estimates of some of the selected leaders for the year 2025, are provided.
Key Features:
Global Construction Cranes Ropes market size and forecasts, in consumption value ($ Million), sales quantity (K MT), and average selling prices (US$/MT), 2020-2031
Global Construction Cranes Ropes market size and forecasts by region and country, in consumption value ($ Million), sales quantity (K MT), and average selling prices (US$/MT), 2020-2031
Global Construction Cranes Ropes market size and forecasts, by Type and by Application, in consumption value ($ Million), sales quantity (K MT), and average selling prices (US$/MT), 2020-2031
Global Construction Cranes Ropes market shares of main players, shipments in revenue ($ Million), sales quantity (K MT), and ASP (US$/MT), 2020-2025
The Primary Objectives in This Report Are:
To determine the size of the total market opportunity of global and key countries
To assess the growth potential for Construction Cranes Ropes
To forecast future growth in each product and end-use market
To assess competitive factors affecting the marketplace
This report profiles key players in the global Construction Cranes Ropes market based on the following parameters - company overview, sales quantity, revenue, price, gross margin, product portfolio, geographical presence, and key developments. Key companies covered as a part of this study include Kiswire, Bridon-Bekaert, WireCo World Group, Usha Martin, Jiangsu langshan Wrie Rope, Teufelberger, Guizhou steel rope, DSR Wire, Tokyo Rope, Brugg, etc.
This report also provides key insights about market drivers, restraints, opportunities, new product launches or approvals.
Market Segmentation
Construction Cranes Ropes market is split by Type and by Application. For the period 2020-2031, the growth among segments provides accurate calculations and forecasts for consumption value by Type, and by Application in terms of volume and value. This analysis can help you expand your business by targeting qualified niche markets.
Market segment by Type
Right Regular Lay
Right Lang Lay
Left Regular Lay
Left Lang Lay
Market segment by Application
Tower Cranes
Gantry Cranes
Other
Major players covered
Kiswire
Bridon-Bekaert
WireCo World Group
Usha Martin
Jiangsu langshan Wrie Rope
Teufelberger
Guizhou steel rope
DSR Wire
Tokyo Rope
Brugg
Jiangsu Juliwire Rope
Xianyang BOMCO Steel Tube＆Wirerope
Kobelco Wire
SAFETY
Gustav Wolf
Jiangsu Shenwang group
Zhongying steel rope
Market segment by region, regional analysis covers
North America (United States, Canada, and Mexico)
Europe (Germany, France, United Kingdom, Russia, Italy, and Rest of Europe)
Asia-Pacific (China, Japan, Korea, India, Southeast Asia, and Australia)
South America (Brazil, Argentina, Colombia, and Rest of South America)
Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa, and Rest of Middle East & Africa)
The content of the study subjects, includes a total of 15 chapters:
Chapter 1, to describe Construction Cranes Ropes product scope, market overview, market estimation caveats and base year.
Chapter 2, to profile the top manufacturers of Construction Cranes Ropes, with price, sales quantity, revenue, and global market share of Construction Cranes Ropes from 2020 to 2025.
Chapter 3, the Construction Cranes Ropes competitive situation, sales quantity, revenue, and global market share of top manufacturers are analyzed emphatically by landscape contrast.
Chapter 4, the Construction Cranes Ropes breakdown data are shown at the regional level, to show the sales quantity, consumption value, and growth by regions, from 2020 to 2031.
Chapter 5 and 6, to segment the sales by Type and by Application, with sales market share and growth rate by Type, by Application, from 2020 to 2031.
Chapter 7, 8, 9, 10 and 11, to break the sales data at the country level, with sales quantity, consumption value, and market share for key countries in the world, from 2020 to 2025.and Construction Cranes Ropes market forecast, by regions, by Type, and by Application, with sales and revenue, from 2026 to 2031.
Chapter 12, market dynamics, drivers, restraints, trends, and Porters Five Forces analysis.
Chapter 13, the key raw materials and key suppliers, and industry chain of Construction Cranes Ropes.
Chapter 14 and 15, to describe Construction Cranes Ropes sales channel, distributors, customers, research findings and conclusion.
Table of Contents
140 Pages
- 1 Market Overview
- 2 Manufacturers Profiles
- 3 Competitive Environment: Construction Cranes Ropes by Manufacturer
- 4 Consumption Analysis by Region
- 5 Market Segment by Type
- 6 Market Segment by Application
- 7 North America
- 8 Europe
- 9 Asia-Pacific
- 10 South America
- 11 Middle East & Africa
- 12 Market Dynamics
- 13 Raw Material and Industry Chain
- 14 Shipments by Distribution Channel
- 15 Research Findings and Conclusion
- 16 Appendix
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