The global Trawl Ropes and Nets Market Growth Accelerated by Sustainable Fishing Practices

 

Trawl ropes and nets are specialized equipment used for bottom trawling operations at sea. Made from durable synthetic fibers like nylon and polyester that can withstand heavy loads and seawater, trawl nets are cone or diamond shaped and designed to be towed along the seafloor to capture fish stocks including shrimps, prawns, and groundfish. Manufacturers are developing technically advanced ropes and nets incorporating eco-friendly materials and designs to reduce bycatch and minimize damage to ocean habitat.

The global Trawl Ropes and Nets Market is estimated to be valued at US$ 359.05 Mn in 2023 and is expected to exhibit a CAGR of 5.2% over the forecast period 2023 to 2030, as highlighted in a new report published by Coherent Market Insights.

Market key trends:
Rising adoption of more sustainable and environment-friendly fishing practices is one of the key trends driving growth of the global trawl ropes and nets market. Fisheries authorities and government regulations increasingly mandate use of selective gears by fishermen to minimize bycatch of unwanted species. Leading manufacturers are innovating trawl net designs made from recyclable materials that are biodegradable or can be recovered after use. They are also developing ropes and nets woven tighter to only catch target commercial species sized fish or shrimp. Such eco-friendly product innovations allowing for more selective and responsible trawling operations will see rising demand over the forecast period.

Segment Analysis
The global trawl ropes and nets market is dominated by fishing nets sub segment. Currently fishing nets account for over 50% of the market share owing to its wide application in capturing fish. Different types of nets such as bottom trawling nets, midwater trawling nets etc are used for commercial and recreational fishing based on the depth of fishing activity. Bottom trawling nets remain the most popular type accounting for over 30% of the total market.

Key Takeaways
The global trawl ropes and nets market is expected to witness high growth over the forecast period of 2023 to 2030 backed by rising seafood demand and increasing commercial fishing practices worldwide. The global Trawl Ropes and Nets Market is estimated to be valued at US$ 359.05 Mn in 2023 and is expected to exhibit a CAGR of 5.2% over the forecast period 2023 to 2030.

Regional analysis: The Asia Pacific region currently dominates the global trawl ropes and nets market with a share of over 35% in 2023. China, Japan, India, Indonesia and Vietnam are major markets within the region. High fish production and export from countries like China and India has been a key factor for regional dominance. North America and Europe are other major markets owing to presence of large fishing fleet and evolving commercial fishing industry.

Key players: Key players operating in the trawl ropes and nets market are Koninklijke DSM N.V., Jaya Nets Sdn. Bhd, Nitto Seimo Co., Ltd, Hampidjan Group, Carlsen Net A/S, King Chou Marine Technology, Azuka Synthetics LLP, LFS Inc., Akvaservis, Asia One Marine (HK), AIMI Ltd (UK).


Comments

Post a Comment

Popular posts from this blog

Blowing Agents in Action: Enhancing Sustainability and Performance in Modern Engineering

Image
  Blowing Agents: Unleashing the Power of Expansion in Materials Blowing agents are a remarkable class of chemical compounds that play a pivotal role in various industries, revolutionizing the way materials are manufactured and utilized. These agents are essential additives employed to induce controlled expansion in materials, leading to the creation of diverse products with unique properties and applications. From lightweight foams in packaging to insulating materials and beyond, blowing agents have become indispensable in modern manufacturing processes. 1. Understanding Blowing Agents: Blowing agents are substances designed to generate gas when subjected to specific conditions, such as heat, pressure, or chemical reactions. The produced gas forms bubbles within the material matrix, resulting in a cellular structure with reduced density. This cellular structure not only imparts lightness to the material but also enhances its thermal and acoustic insulation properties. 2. Versatil...
Read more

Multi-Depth Corrugated Box Market Trends 2023 - Industry Insights, Competition Analysis, Growth Rate and Forecast by 2030

Image
  A multi-depth corrugated box is a type of shipping or storage box that has the ability to be adjusted to different depths, allowing for greater flexibility and efficiency in packaging and shipping. This type of box is made of corrugated cardboard, which consists of a fluted layer sandwiched between two flat layers. Multi-depth corrugated boxes are typically made with a series of perforations or scores that allow the box to be easily adjusted to different depths. For example, a box with a height of 10 inches might have perforations at 2-inch intervals, allowing it to be adjusted to a depth of 2 inches, 4 inches, 6 inches, 8 inches, or 10 inches, depending on the specific needs of the user. The advantages of using multi-depth corrugated boxes include reduced inventory costs, improved packing efficiency, and better use of storage space. By using a single box that can be adjusted to different depths, businesses can reduce the number of different box sizes they need to stock and simp...
Read more

Acid Pickling Roll Market Growth Accelerated by Adoption of Anti-Rust Acid Pickle Rolls

Image
  Acid pickle rolls help remove scale, rust or oxide films from metallic surfaces and accurately prepare them for subsequent processing such as coating or plating to improve corrosion resistance. The demand for acid pickling rolls have increased in various end-use industries such as automotive, oil & gas, marine, energy, and general engineering to enhance product durability. The global Acid Pickling Roll Market is estimated to be valued at US$ 1,167 Mn in 2023 and is expected to exhibit a CAGR of 3.5% over the forecast period 2023 to 2030, as highlighted in a new report published by Coherent Market Insights. Market key trends: The growing adoption of anti-rust acid pickling rolls to increase product lifespan across various corrosion prone industrial applications has accelerated the growth of the acid pickling roll market. Acid pickling rolls equipped with advanced rust removal properties efficiently prepare metallic surfaces and ensure long term corrosion protection. Major mar...
Read more