Trawl Ropes and Nets Market Analysis
Trawl Ropes and Nets Market, by Product Type (Trawl Ropes, Bottom Trawls Net, and Midwater Trawls Net), and by Application (Marine and Fresh Water) – Size, Share, Outlook, and Opportunity Analysis, 2015 - 2026
Trawl ropes and nets are used for commercial fishing using trawling method. Trawl nets and ropes are available in variety of styles and sizes.
Trawl net is a funnel shaped net that are towed by vessels. It is commonly used for catching demersal and pelagic species of fish. According to Fisheries and Aquaculture Department, trawl nets are mainly used for seawater fisheries and seldom in freshwater. Trawl net is used in freshwater fishing in conditions where sufficient space for towing is available.
Growing commercial fishing is driving growth of the global trawl ropes and nets market. According to Food and Agriculture Organization (FAO) of the United Nations (UN), world fisheries and aquaculture production was 154 million tons in 2011, which increased to 170.9 million tons in 2016.
Increasing demand for seafood is fuelling growth of the global trawl ropes and nets market. According to Food and Agriculture Organization of the United Nations, global fish consumption is expected to increase by 19% by 2026, as compared to base period of 2014 to 2016.
Using trawling as a method of fishing deeply impacts environment including damages to habitat, coral shattering, and removal of seaweed, which in turn is hindering growth of the global trawl ropes and nets market. Furthermore, government regulations on trawl fishery is also hindering growth of this market. For instance, 50 CFR 660.130 in the U.S. regulates trawl fishery and trawl gear including limitations on fishery harvest and mesh size of trawl nets.
Trawl Ropes and Nets Market Outlook
Global Trawl Ropes and Nets market is segmented into:
By Product Type