Synthetic slings accelerate replacement of wire rope: lightweight, corrosion-resistant, traceable (2026)

In 2026, polyester and HMPE synthetic slings keep replacing traditional wire ropes and chains. At comparable strength they can cut weight by around 85%, reducing worker fatigue and surface damage to loads, and perform well in saltwater, UV and offsho...

Global rigging & webbing slings market seen at $1.469B in 2026, RFID smart slings lead

Per Market Reports World, the global rigging and webbing slings market is valued at about USD 1.469 billion in 2026 and projected to reach USD 2.412 billion by 2035 (CAGR 5.68%). Nearly 40% of new product initiatives highlight safety monitoring and t...

WSTDA rolls out 2026 revisions to synthetic web sling and roundsling standards

In January 2026, the U.S. Web Sling & Tie Down Association (WSTDA) published the TM-1 revision, systematically updating break-test, creep and traceability-label rules for synthetic web slings (nylon/polyester). In March, the RS-1 high-performance rou...

Alberta Canada Establishes Rigging Safety Council to Strengthen Training & Competency Framework

As reported on June 28, 2026, Alberta province formally launched the Alberta Rigging Safety Council (ABRSC), initiated by family of a 2022 rigging fatality and backed by a $1.2 million "creative sentencing" funded study. ABRSC addresses longstanding ...

EU New Regulations & Market Demand Drive Rigging Standard Upgrades in Europe & Asian Import Growth

Entering 2026, Europe's lifting and rigging industry has notably rebounded driven by offshore wind, port expansion, and aging infrastructure upgrades, with the market projected at 380 million euros in 2025 and Asian specialized equipment imports up 1...

Angang's Domestic Sling Drive Wire Rope Passes FAST Acceptance, Ending Import Reliance

On April 28, 2026, the sling drive wire rope produced by Liaoning Jinsuoju Material Technology (Angang Group) passed acceptance by the National Astronomical Observatories of CAS, officially approved for replacing core components of China's FAST ("Sky...

Global Cargo Sling Market to Reach $484 Million by 2032

The global cargo sling market, valued at approximately $343.67 million in 2025, is projected to grow to $361.28 million in 2026 at a CAGR of 5%. By 2032, the market is expected to reach $484.42 million. Competition is shifting from price to safety pr...

Regulators Scrutinize Commercial Space Order Rumors, Stress Disclosure Compliance

From February to March 2026, the Shenzhen Stock Exchange issued letters regarding rumors about Juli Sling's "massive commercial space orders." The company clarified that its actual commercial space orders were 9.9651 million yuan in 2025 and 1.2865 m...

High-End Smart Rigging Gains Traction at Canton Fair with Middle East Buyers

At the 135th Canton Fair, Chinese rigging leaders like Shandong Huayuan showcased over 180 high-end products including G100 master links and swivels. Live breakage and fatigue tests attracted strong interest, with intended orders exceeding 5 million ...

Global Wire & Plastic Rope Market to Exceed $15.85 Billion in 2026

According to the latest report by The Business Research Company, the global steel wire rope and plastic rope market is projected to grow from $14.96 billion in 2025 to $15.85 billion in 2026, at a CAGR of 5.9%. Key growth drivers include increased co...

Global Rigging Market Projected at $33 Billion in 2026, Asia-Pacific Holds 45% Share

Industry reports forecast the global rigging market to reach $33 billion in 2026, up 8% YoY. Asia-Pacific remains the largest market with 45% share, driven by infrastructure demand in China and India. North America and Europe show steady growth due t...

Carbon Fiber Composite Rigging Achieves 10,000-Meter Deep-Sea Application

In Q4 2025, domestic carbon fiber composite rigging achieved 10,000-meter depth application in ROV operations, with single missions exceeding 72 hours. Compared to steel wire ropes, weight reduced 60% and corrosion resistance improved 3-fold, with 28...