PUBLISHER: Fairfield Market Research | PRODUCT CODE: 1482970
PUBLISHER: Fairfield Market Research | PRODUCT CODE: 1482970
The global fishing net fibers market is poised for steady growth, with China and Southeast Asia & Pacific expected to witness significant value and volume increases. The rising consumption and demand for fish food products are driving the expansion of the fishing net fibers industry.
Dominance of China in Fish Production
China plays a dominant role in global fish production, driven by factors such as income growth and urbanization. The country leads in fish product consumption, boosting the demand for fishing net fibers from its fishing industries. Similarly, countries like India and Indonesia are experiencing increased fishing activities, further driving the consumption of fishing net fibers.
Moderate Growth in Developed Countries
In developed countries, the fishing net fibers market is expected to experience moderate growth. While overall fish consumption has somewhat declined, the rising demand for fish and aquaculture products such as cod liver oil and shark liver oil in developing countries is creating growth opportunities for fishing net manufacturers. This increasing demand for fish products is anticipated to positively influence the fishing net fibers market.
Technological Advancements Boosting Market Growth
The adoption of technologically advanced products by fisheries is driving growth in the fishing net fibers market. Recent advancements include hull design optimization, engine performance improvements, hydraulic hauling machinery, enhanced navigation equipment, and fish-finding electronics. These developments have significantly improved the efficiency and profitability of fishing net fibers.
Introduction of Advanced Materials for Efficient Gear
Fishing net fiber technology has seen significant advancements with the introduction of modern materials. Previously, nets were manually fabricated, which was labor-intensive and time-consuming. Nowadays, machine-made nettings are predominantly used, positively influencing the fishing net fibers market. Common materials used in manufacturing fishing nets include polyamide (PA), polyester (PES), polyethylene (PE), and polypropylene (PP). Recently, materials with higher tensile strength, such as the Dyneema brand of Ultra-High Molecular Weight Polyethylene (UHMWPE), have been introduced, further driving the global market.
Impact of Advanced Technologies
The introduction and widespread use of outboard engines have significantly transformed small-scale fishing operations in developing countries. Instruments used in fishing operations include navigational tools for vessel navigation, fish-detecting equipment such as sonar and electronic aids, and radio communications for safety and general communication. The adoption of advanced technologies is expected to increase fishing activities due to enhanced safety, positively impacting the fishing net fibers market.
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