REPORT OUTLOOK
Market Size | CAGR | Dominating Region |
---|---|---|
2,486.44 million by 2029 | 5.85% | Asia Pacific |
Market by Fiber Type | Market by Resin Type | Market by Applications |
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SCOPE OF THE REPORT
Rail Composites Market Overview:
The global Rail Composites Market was valued at 1670.1 million in 2022 and is projected to reach 2,486.44 million by 2029, growing at a CAGR of 5.85% from 2022 to 2029.
Rail composites are among the building supplies used to make railway rails. They are made of a combination of steel and concrete and give the track strength and stability. Due to the guarantee that trains can go over the tracks safely and comfortably, rail composites are essential. Rail composites, such as carbon fiber, glass wool, thermoset composites, and fiber-reinforced plastics, offer a lot of design flexibility and help to increase train productivity. Rail composites have been recognized as a promising material source by the global transportation industry, which will drive market expansion. Additionally, advantages associated with lighter locomotives enhance stability and enable high-speed operation, which reduces commuters’ travel times.
Composite materials are the perfect material for the rail industry due to the rail industry requires lightweight constructions with excellent fatigue performance, minimal overall maintenance, fire resistance, and outstanding acoustic performance. With weight reductions of up to 50% for structural applications and 75% for non-structural applications, composite materials’ improved strength-to-weight ratio results in a system that is both more cost- and fuel-effective. There is consequently reduced inertia, axle strain, and track deterioration, all of which require less power. In commuter trains, stopping frequently when travelling short distances, requires less energy for acceleration and deceleration. Generally speaking, rail composites are utilized to lighten trains, offer better heat and external impact resistance, and lower power usage while improving overall performance. Railway composites help to optimize train performance and offer a great deal of flexibility in train design. Composite materials are being employed more and more in the global railway sector, where performance enhancement is crucial. Railways have employed composites due to they meet their strict standards.
Due to their effective performance in harsh conditions such high temperature, moisture, pressure, corrosion, high stress, and possessing fire retardant qualities, composites are now a necessity in engineering designs.
The need for transit rises in tandem with population growth. Additionally, the growth of high-speed rail transportation is being fueled by consumer demand for high-speed transit options with better facilities, which in turn is driving the market for coatings. The coating improves the aesthetic and increases the rails’ resistance to weathering, corrosion, and chemicals. Additionally, they are shielded from damaging UV radiation. For instance, in 2017, AkzoNobel gave the interior and exterior of China’s Fuxing high-speed train technology a distinctive golden gloss.
ATTRIBUTE | DETAILS |
Study period | 2022-2029 |
Base year | 2021 |
Estimated year | 2022 |
Forecasted year | 2022-2029 |
Historical period | 2018-2020 |
Unit | Value (USD Million), Volume (Kilotons) |
Segmentation | By Fiber Type, Resin Type, Applications, and Region. |
By Fiber Type
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By Resin Type
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By Applications
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By Region
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Rail Composites Market Segment Analysis
Based on fiber type, resin type, applications, and region, the global market for rail composites is divided into these categories.
Glass fibre and carbon fibre are the two types of fibre used in rail composites. Glass fibre is used in the rail composite with the largest global use. The best rail composite materials offer superior qualities to traditional materials and are flexible, allowing for virtually any moldable shape. By using composite materials, rail is made lighter, offers better resistance to heat and outside influences, and increases fuel efficiency. Additionally, rail manufacturers are focusing on reducing the overall weight of the car. The most popular rail composite in use today is made of glass fiber. The majority of rail composite materials may be molded into any shape and have more flexible qualities than conventional materials. The largest market for composite materials in rail applications may be carbon fiber composites. Carbon fiber composites have become more widely used in rail applications due to their remarkable strength and lightweight. In 2018, CRRC Changchun Railway Vehicles produced the world’s first underground train constructed of carbon fiber composite materials. Due to it being 35% lighter than the metal equivalent, it was predicted that this tube carriage would consume less energy and carry more people. Completely carbon fiber coaches also have the advantages of improved shape and dimensional variety.
The market for rail composites uses three different types of resin: polyester, phenol, and epoxy. Polyester is a synthetic fiber that can be found in nature as a component of the Stevia plant. It is abrasion resistant and has a high tensile strength. Two basic raw ingredients, polyacrylonitrile (PAN) and ethylene-vinyl acetate (EVA) can be used to make polyester. In rail composites, phenolic is a kind of resin that is employed. Phenolic resins are durable and weatherproof, making them perfect for use in rail applications where toughness is crucial. Furthermore, phenolic resins have high thermal conductivity, allowing them to easily and quickly transport heat. They are thus ideally suited for situations where the transportation of people or goods is essential, such as locomotives and passenger carriages. The resin used in rail composites is called epoxy. Epoxy is superior to other types of resins in several ways, including its resistance to moisture and UV light. Epoxy is a strong option for high-temperature applications since it also has good thermal characteristics.
Rail Composites Market is further segmented into Interior and Exterior based on Applications. In terms of revenue share, exterior applications held a commanding 70.0% of the worldwide rail composites market in 2019. The segment for outside applications contains elements like a train set, wheels, and axles, grab bars and handrails, lighting systems, and more. Over the foreseeable period, product demand is anticipated to be driven by rising demand for visually beautiful trains with improved durability. Due to the growing usage of wood products in interior design, such as paneling and trimming materials for doors and windows and other aesthetic features on train cars, interior applications are expected to experience significant growth.
Rail Composites Market Players
The major players operating in the global Rail Composites industry include the major market players are Toray Industries Inc., Cytec Industries Inc., Koninklijke Ten Cate NV, Gurit Holding AG, Hexel Corporation, Teijin Limited, AIM ALTITUDE, Dartford Composites Ltd., Kemrock Industries, Exports Limited, Premier Composite Technologies, FDC Composites Inc., TPI Composites Inc. and other
Recent Development
17 May 2023: Toray Launched Torayvinoâ„¢ Cassetty 310MX Faucet-Mounted Water Purifier with a Switching Lever Employing Antibacterial Resin.
16 January 2023: Toray Partnership with REMITCH® OD Tablets 2.5 µg for Pruritus Treatment in Korea.
Who Should Buy? Or Key stakeholders
- Manufacturing
- End-Use Industries
- BFSI
- Automotive
- Manufacturing & Construction
- Regulatory Authorities
- Research Organizations
- Information Technology
- Materials & Chemicals
Rail Composites Market Regional Analysis
Geographically, the Rail Composites market is segmented into North America, South America, Europe, APAC, and MEA.
- North America: includes the US, Canada, Mexico
- Europe: includes the UK, Germany, France, Italy, Spain, Russia, and the Rest of Europe
- Asia Pacific: includes China, Japan, South Korea, India, Australia, ASEAN, and the Rest of APAC
- South America: includes Brazil, Argentina, and the Rest of South America
- Middle East & Africa: includes Turkey, UAE, Saudi Arabia, South Africa, and the Rest of MEA
The Asia Pacific region held a revenue share of over 39% of the global rail composites market in 2022. Growing demand for infrastructure, particularly in developing countries like China and India, is expected to lead to significant expansion in the region. A further prediction is that during the course of the projected period, additional investments in improving rail infrastructure will boost industry growth. Due to the region’s growing population and rapid urbanization in countries like China, India, and Japan, there is a growing demand for more trains and better connections. Railway investments have been made by the Chinese government recently. In Asia Pacific, some of the nation’s ongoing rail projects include the Shanghai to Hangzhou railway (794 km), the Yinxi High-Speed train (618 km), and the Lagos to Ibadan railway (156 km). Additionally, the Indian Railways would receive INR 1.40 lakh crore in funding from the Union Budget 2022–23, which is 27.5 percent higher than what was projected for this fiscal year. Also, Due to incredible developments in the sector, China today has the largest railway market. From 80,000 kilometers of track in 2009 to 139,000 km in 2019, China’s railway network has grown. China has constructed more than 35,000 km, or more than two-thirds, of the famed high-speed part of the global network.
Key Market Segments: Rail Composites Market
Rail Composites Market by Fiber Type, 2020-2029, (USD Million) (Kilotons)
- Glass fiber
- Carbon fiber
Rail Composites Market by Resin Type, 2020-2029, (USD Million) (Kilotons)
- Polyester
- Phenolic
- Epoxy
Rail Composites Market by Applications, 2020-2029, (USD Million) (Kilotons)
- Interior
- Exterior
Rail Composites Market by Region, 2020-2029, (USD Million) (Kilotons)
- North America
- Europe
- Asia Pacific
- South America
- Middle East and Africa
 Important Countries in All-Region Are Covered
Exactitude Consultancy Services Key Objectives
- Increasing sales and market share
- Developing new technology
- Improving profitability
- Entering new markets
- Enhancing brand reputation
Key Question Answered
- What is the expected growth rate of the rail composites market over the next 7 years?
- Who are the major players in the rail composites market and what is their market share?
- What are the end-user industries driving demand for the market and what is their outlook?
- What are the opportunities for growth in emerging markets such as Asia-pacific, the middle east, and Africa?
- How is the economic environment affecting the rail composites market, including factors such as interest rates, inflation, and exchange rates?
- What is the expected impact of government policies and regulations on the rail composites market?
- What is the current and forecasted size and growth rate of the global rail composites market?
- What are the key drivers of growth in the rail composites market?
- Who are the major players in the market and what is their market share?
- What are the distribution channels and supply chain dynamics in the rail composites market?
- What are the technological advancements and innovations in the rail composites market and their impact on product development and growth?
- What are the regulatory considerations and their impact on the market?
- What are the challenges faced by players in the rail composites market and how are they addressing these challenges?
- What are the opportunities for growth and expansion in the rail composites market?
- What are the services offerings and specifications of leading players in the market?
Table of Content
- INTRODUCTION
- MARKET DEFINITION
- MARKET SEGMENTATION
- RESEARCH TIMELINES
- ASSUMPTIONS AND LIMITATIONS
- RESEARCH METHODOLOGY
- DATA MINING
- SECONDARY RESEARCH
- PRIMARY RESEARCH
- SUBJECT-MATTER EXPERTS’ ADVICE
- QUALITY CHECKS
- FINAL REVIEW
- DATA TRIANGULATION
- BOTTOM-UP APPROACH
- TOP-DOWN APPROACH
- RESEARCH FLOW
- DATA SOURCES
- DATA MINING
- EXECUTIVE SUMMARY
- MARKET OVERVIEW
- GLOBAL RAIL COMPOSITES MARKET OUTLOOK
- MARKET DRIVERS
- MARKET RESTRAINTS
- MARKET OPPORTUNITIES
- IMPACT OF COVID-19 ON THE RAIL COMPOSITES MARKET
- PORTER’S FIVE FORCES MODEL
- THREAT FROM NEW ENTRANTS
- THREAT FROM SUBSTITUTES
- BARGAINING POWER OF SUPPLIERS
- BARGAINING POWER OF CUSTOMERS
- DEGREE OF COMPETITION
- INDUSTRY VALUE CHAIN ANALYSIS
- GLOBAL RAIL COMPOSITES MARKET OUTLOOK
- GLOBAL RAIL COMPOSITES MARKET BY FIBER TYPE, 2020-2029, (USD MILLION) (KILOTONS)
- GLASS FIBER
- CARBON FIBER
- GLOBAL RAIL COMPOSITES MARKET BY RESIN TYPE, 2020-2029, (USD MILLION) (KILOTONS)
- POLYESTER
- PHENOLIC
- EPOXY
- GLOBAL RAIL COMPOSITES MARKET BY APPLICATIONS, 2020-2029, (USD MILLION) (KILOTONS)
- INTERIOR
- EXTERIOR
- GLOBAL RAIL COMPOSITES MARKET BY REGION, 2020-2029, (USD MILLION) (KILOTONS)
- NORTH AMERICA
- US
- CANADA
- MEXICO
- SOUTH AMERICA
- BRAZIL
- ARGENTINA
- COLOMBIA
- REST OF SOUTH AMERICA
- EUROPE
- GERMANY
- UK
- FRANCE
- ITALY
- SPAIN
- RUSSIA
- REST OF EUROPE
- ASIA PACIFIC
- INDIA
- CHINA
- JAPAN
- SOUTH KOREA
- AUSTRALIA
- SOUTH-EAST ASIA
- REST OF ASIA PACIFIC
- MIDDLE EAST AND AFRICA
- UAE
- SAUDI ARABIA
- SOUTH AFRICA
- REST OF MIDDLE EAST AND AFRICA
- NORTH AMERICA
- COMPANY PROFILES*(BUSINESS OVERVIEW, COMPANY SNAPSHOT, PRODUCTS OFFERED, RECENT DEVELOPMENTS)
- TORAY INDUSTRIES INC.
- CYTEC INDUSTRIES INC.
- KONINKLIJKE TEN CATE NV
- GURIT HOLDING AG
- HEXEL CORPORATION
- TEIJIN LIMITED
- AIM ALTITUDE
- DARTFORD COMPOSITES LTD.
- KEMROCK INDUSTRIES
- EXPORTS LIMITED
- PREMIER COMPOSITE TECHNOLOGIES
- FDC COMPOSITES INC.
- TPI COMPOSITES INC. *THE COMPANY LIST IS INDICATIVE
LIST OF TABLES
TABLE 1Â Â Â Â Â Â Â Â Â GLOBAL RAIL COMPOSITES MARKET BY FIBER TYPE (USD MILLION) 2020-2029
TABLE 2Â Â Â Â Â Â Â Â Â GLOBAL RAIL COMPOSITES MARKET BY FIBER TYPE (KILOTONS) 2020-2029
TABLE 3Â Â Â Â Â Â Â Â Â GLOBAL RAIL COMPOSITES MARKET BY RESIN TYPE (USD MILLION) 2020-2029
TABLE 4Â Â Â Â Â Â Â Â Â GLOBAL RAIL COMPOSITES MARKET BY RESIN TYPE (KILOTONS) 2020-2029
TABLE 5Â Â Â Â Â Â Â Â Â GLOBAL RAIL COMPOSITES MARKET BY APPLICATION (USD MILLION) 2020-2029
TABLE 6Â Â Â Â Â Â Â Â Â GLOBAL RAIL COMPOSITES MARKET BY APPLICATION (KILOTONS) 2020-2029
TABLE 7Â Â Â Â Â Â Â Â Â GLOBAL RAIL COMPOSITES MARKET BY REGION (USD MILLION) 2020-2029
TABLE 8Â Â Â Â Â Â Â Â Â GLOBAL RAIL COMPOSITES MARKET BY REGION (KILOTONS) 2020-2029
TABLE 9Â Â Â Â Â Â Â Â Â NORTH AMERICA RAIL COMPOSITES MARKET BY FIBER TYPE (USD MILLION) 2020-2029
TABLE 10Â Â Â Â Â Â NORTH AMERICA RAIL COMPOSITES MARKET BY FIBER TYPE (KILOTONS) 2020-2029
TABLE 11Â Â Â Â Â Â NORTH AMERICA RAIL COMPOSITES MARKET BY RESIN TYPE (USD MILLION) 2020-2029
TABLE 12Â Â Â Â Â Â NORTH AMERICA RAIL COMPOSITES MARKET BY RESIN TYPE (KILOTONS) 2020-2029
TABLE 13Â Â Â Â Â Â NORTH AMERICA RAIL COMPOSITES MARKET BY APPLICATION (USD MILLION) 2020-2029
TABLE 14Â Â Â Â Â Â NORTH AMERICA RAIL COMPOSITES MARKET BY APPLICATION (KILOTONS) 2020-2029
TABLE 15Â Â Â Â Â Â NORTH AMERICA RAIL COMPOSITES MARKET BY COUNTRY (USD MILLION) 2020-2029
TABLE 16Â Â Â Â Â Â NORTH AMERICA RAIL COMPOSITES MARKET BY COUNTRY (KILOTONS) 2020-2029
TABLE 17Â Â Â Â Â Â US RAIL COMPOSITES MARKET BY FIBER TYPE (USD MILLION) 2020-2029
TABLE 18Â Â Â Â Â Â US RAIL COMPOSITES MARKET BY FIBER TYPE (KILOTONS) 2020-2029
TABLE 19Â Â Â Â Â Â US RAIL COMPOSITES MARKET BY RESIN TYPE (USD MILLION) 2020-2029
TABLE 20Â Â Â Â Â Â US RAIL COMPOSITES MARKET BY RESIN TYPE (KILOTONS) 2020-2029
TABLE 21Â Â Â Â Â Â US RAIL COMPOSITES MARKET BY APPLICATION (USD MILLION) 2020-2029
TABLE 22Â Â Â Â Â Â US RAIL COMPOSITES MARKET BY APPLICATION (KILOTONS) 2020-2029
TABLE 23Â Â Â Â Â Â CANADA RAIL COMPOSITES MARKET BY FIBER TYPE (USD MILLION) 2020-2029
TABLE 24Â Â Â Â Â Â CANADA RAIL COMPOSITES MARKET BY FIBER TYPE (KILOTONS) 2020-2029
TABLE 25Â Â Â Â Â Â CANADA RAIL COMPOSITES MARKET BY RESIN TYPE (USD MILLION) 2020-2029
TABLE 26Â Â Â Â Â Â CANADA RAIL COMPOSITES MARKET BY RESIN TYPE (KILOTONS) 2020-2029
TABLE 27Â Â Â Â Â Â CANADA RAIL COMPOSITES MARKET BY APPLICATION (USD MILLION) 2020-2029
TABLE 28Â Â Â Â Â Â CANADA RAIL COMPOSITES MARKET BY APPLICATION (KILOTONS) 2020-2029
TABLE 29Â Â Â Â Â Â MEXICO RAIL COMPOSITES MARKET BY FIBER TYPE (USD MILLION) 2020-2029
TABLE 30Â Â Â Â Â Â MEXICO RAIL COMPOSITES MARKET BY FIBER TYPE (KILOTONS) 2020-2029
TABLE 31Â Â Â Â Â Â MEXICO RAIL COMPOSITES MARKET BY RESIN TYPE (USD MILLION) 2020-2029
TABLE 32Â Â Â Â Â Â MEXICO RAIL COMPOSITES MARKET BY RESIN TYPE (KILOTONS) 2020-2029
TABLE 33Â Â Â Â Â Â MEXICO RAIL COMPOSITES MARKET BY APPLICATION (USD MILLION) 2020-2029
TABLE 34Â Â Â Â Â Â MEXICO RAIL COMPOSITES MARKET BY APPLICATION (KILOTONS) 2020-2029
TABLE 35Â Â Â Â Â Â SOUTH AMERICA RAIL COMPOSITES MARKET BY FIBER TYPE (USD MILLION) 2020-2029
TABLE 36Â Â Â Â Â Â SOUTH AMERICA RAIL COMPOSITES MARKET BY FIBER TYPE (KILOTONS) 2020-2029
TABLE 37Â Â Â Â Â Â SOUTH AMERICA RAIL COMPOSITES MARKET BY RESIN TYPE (USD MILLION) 2020-2029
TABLE 38Â Â Â Â Â Â SOUTH AMERICA RAIL COMPOSITES MARKET BY RESIN TYPE (KILOTONS) 2020-2029
TABLE 39Â Â Â Â Â Â SOUTH AMERICA RAIL COMPOSITES MARKET BY APPLICATION (USD MILLION) 2020-2029
TABLE 40Â Â Â Â Â Â SOUTH AMERICA RAIL COMPOSITES MARKET BY APPLICATION (KILOTONS) 2020-2029
TABLE 41Â Â Â Â Â Â SOUTH AMERICA RAIL COMPOSITES MARKET BY COUNTRY (USD MILLION) 2020-2029
TABLE 42Â Â Â Â Â Â SOUTH AMERICA RAIL COMPOSITES MARKET BY COUNTRY (KILOTONS) 2020-2029
TABLE 43Â Â Â Â Â Â BRAZIL RAIL COMPOSITES MARKET BY FIBER TYPE (USD MILLION) 2020-2029
TABLE 44Â Â Â Â Â Â BRAZIL RAIL COMPOSITES MARKET BY FIBER TYPE (KILOTONS) 2020-2029
TABLE 45Â Â Â Â Â Â BRAZIL RAIL COMPOSITES MARKET BY RESIN TYPE (USD MILLION) 2020-2029
TABLE 46Â Â Â Â Â Â BRAZIL RAIL COMPOSITES MARKET BY RESIN TYPE (KILOTONS) 2020-2029
TABLE 47Â Â Â Â Â Â BRAZIL RAIL COMPOSITES MARKET BY APPLICATION (USD MILLION) 2020-2029
TABLE 48Â Â Â Â Â Â BRAZIL RAIL COMPOSITES MARKET BY APPLICATION (KILOTONS) 2020-2029
TABLE 49Â Â Â Â Â Â ARGENTINA RAIL COMPOSITES MARKET BY FIBER TYPE (USD MILLION) 2020-2029
TABLE 50Â Â Â Â Â Â ARGENTINA RAIL COMPOSITES MARKET BY FIBER TYPE (KILOTONS) 2020-2029
TABLE 51Â Â Â Â Â Â ARGENTINA RAIL COMPOSITES MARKET BY RESIN TYPE (USD MILLION) 2020-2029
TABLE 52Â Â Â Â Â Â ARGENTINA RAIL COMPOSITES MARKET BY RESIN TYPE (KILOTONS) 2020-2029
TABLE 53Â Â Â Â Â Â ARGENTINA RAIL COMPOSITES MARKET BY APPLICATION (USD MILLION) 2020-2029
TABLE 54Â Â Â Â Â Â ARGENTINA RAIL COMPOSITES MARKET BY APPLICATION (KILOTONS) 2020-2029
TABLE 55Â Â Â Â Â Â COLOMBIA RAIL COMPOSITES MARKET BY FIBER TYPE (USD MILLION) 2020-2029
TABLE 56Â Â Â Â Â Â COLOMBIA RAIL COMPOSITES MARKET BY FIBER TYPE (KILOTONS) 2020-2029
TABLE 57Â Â Â Â Â Â COLOMBIA RAIL COMPOSITES MARKET BY RESIN TYPE (USD MILLION) 2020-2029
TABLE 58Â Â Â Â Â Â COLOMBIA RAIL COMPOSITES MARKET BY RESIN TYPE (KILOTONS) 2020-2029
TABLE 59Â Â Â Â Â Â COLOMBIA RAIL COMPOSITES MARKET BY APPLICATION (USD MILLION) 2020-2029
TABLE 60Â Â Â Â Â Â COLOMBIA RAIL COMPOSITES MARKET BY APPLICATION (KILOTONS) 2020-2029
TABLE 61Â Â Â Â Â Â REST OF SOUTH AMERICA RAIL COMPOSITES MARKET BY FIBER TYPE (USD MILLION) 2020-2029
TABLE 62Â Â Â Â Â Â REST OF SOUTH AMERICA RAIL COMPOSITES MARKET BY FIBER TYPE (KILOTONS) 2020-2029
TABLE 63Â Â Â Â Â Â REST OF SOUTH AMERICA RAIL COMPOSITES MARKET BY RESIN TYPE (USD MILLION) 2020-2029
TABLE 64Â Â Â Â Â Â REST OF SOUTH AMERICA RAIL COMPOSITES MARKET BY RESIN TYPE (KILOTONS) 2020-2029
TABLE 65Â Â Â Â Â Â REST OF SOUTH AMERICA RAIL COMPOSITES MARKET BY APPLICATION (USD MILLION) 2020-2029
TABLE 66Â Â Â Â Â Â REST OF SOUTH AMERICA RAIL COMPOSITES MARKET BY APPLICATION (KILOTONS) 2020-2029
TABLE 67Â Â Â Â Â Â ASIA-PACIFIC RAIL COMPOSITES MARKET BY FIBER TYPE (USD MILLION) 2020-2029
TABLE 68Â Â Â Â Â Â ASIA-PACIFIC RAIL COMPOSITES MARKET BY FIBER TYPE (KILOTONS) 2020-2029
TABLE 69Â Â Â Â Â Â ASIA-PACIFIC RAIL COMPOSITES MARKET BY RESIN TYPE (USD MILLION) 2020-2029
TABLE 70Â Â Â Â Â Â ASIA-PACIFIC RAIL COMPOSITES MARKET BY RESIN TYPE (KILOTONS) 2020-2029
TABLE 71Â Â Â Â Â Â ASIA-PACIFIC RAIL COMPOSITES MARKET BY APPLICATION (USD MILLION) 2020-2029
TABLE 72Â Â Â Â Â Â ASIA-PACIFIC RAIL COMPOSITES MARKET BY APPLICATION (KILOTONS) 2020-2029
TABLE 73Â Â Â Â Â Â ASIA-PACIFIC RAIL COMPOSITES MARKET BY COUNTRY (USD MILLION) 2020-2029
TABLE 74Â Â Â Â Â Â ASIA-PACIFIC RAIL COMPOSITES MARKET BY COUNTRY (KILOTONS) 2020-2029
TABLE 75Â Â Â Â Â Â INDIA RAIL COMPOSITES MARKET BY FIBER TYPE (USD MILLION) 2020-2029
TABLE 76Â Â Â Â Â Â INDIA RAIL COMPOSITES MARKET BY FIBER TYPE (KILOTONS) 2020-2029
TABLE 77Â Â Â Â Â Â INDIA RAIL COMPOSITES MARKET BY RESIN TYPE (USD MILLION) 2020-2029
TABLE 78Â Â Â Â Â Â INDIA RAIL COMPOSITES MARKET BY RESIN TYPE (KILOTONS) 2020-2029
TABLE 79Â Â Â Â Â Â INDIA RAIL COMPOSITES MARKET BY APPLICATION (USD MILLION) 2020-2029
TABLE 80Â Â Â Â Â Â INDIA RAIL COMPOSITES MARKET BY APPLICATION (KILOTONS) 2020-2029
TABLE 81Â Â Â Â Â Â CHINA RAIL COMPOSITES MARKET BY FIBER TYPE (USD MILLION) 2020-2029
TABLE 82Â Â Â Â Â Â CHINA RAIL COMPOSITES MARKET BY FIBER TYPE (KILOTONS) 2020-2029
TABLE 83Â Â Â Â Â Â CHINA RAIL COMPOSITES MARKET BY RESIN TYPE (USD MILLION) 2020-2029
TABLE 84Â Â Â Â Â Â CHINA RAIL COMPOSITES MARKET BY RESIN TYPE (KILOTONS) 2020-2029
TABLE 85Â Â Â Â Â Â CHINA RAIL COMPOSITES MARKET BY APPLICATION (USD MILLION) 2020-2029
TABLE 86Â Â Â Â Â Â CHINA RAIL COMPOSITES MARKET BY APPLICATION (KILOTONS) 2020-2029
TABLE 87Â Â Â Â Â Â JAPAN RAIL COMPOSITES MARKET BY FIBER TYPE (USD MILLION) 2020-2029
TABLE 88Â Â Â Â Â Â JAPAN RAIL COMPOSITES MARKET BY FIBER TYPE (KILOTONS) 2020-2029
TABLE 89Â Â Â Â Â Â JAPAN RAIL COMPOSITES MARKET BY RESIN TYPE (USD MILLION) 2020-2029
TABLE 90Â Â Â Â Â Â JAPAN RAIL COMPOSITES MARKET BY RESIN TYPE (KILOTONS) 2020-2029
TABLE 91Â Â Â Â Â Â JAPAN RAIL COMPOSITES MARKET BY APPLICATION (USD MILLION) 2020-2029
TABLE 92Â Â Â Â Â Â JAPAN RAIL COMPOSITES MARKET BY APPLICATION (KILOTONS) 2020-2029
TABLE 93Â Â Â Â Â Â SOUTH KOREA RAIL COMPOSITES MARKET BY FIBER TYPE (USD MILLION) 2020-2029
TABLE 94Â Â Â Â Â Â SOUTH KOREA RAIL COMPOSITES MARKET BY FIBER TYPE (KILOTONS) 2020-2029
TABLE 95Â Â Â Â Â Â SOUTH KOREA RAIL COMPOSITES MARKET BY RESIN TYPE (USD MILLION) 2020-2029
TABLE 96Â Â Â Â Â Â SOUTH KOREA RAIL COMPOSITES MARKET BY RESIN TYPE (KILOTONS) 2020-2029
TABLE 97Â Â Â Â Â Â SOUTH KOREA RAIL COMPOSITES MARKET BY APPLICATION (USD MILLION) 2020-2029
TABLE 98Â Â Â Â Â Â SOUTH KOREA RAIL COMPOSITES MARKET BY APPLICATION (KILOTONS) 2020-2029
TABLE 99Â Â Â Â Â Â AUSTRALIA RAIL COMPOSITES MARKET BY FIBER TYPE (USD MILLION) 2020-2029
TABLE 100Â Â Â Â AUSTRALIA RAIL COMPOSITES MARKET BY FIBER TYPE (KILOTONS) 2020-2029
TABLE 101Â Â Â Â AUSTRALIA RAIL COMPOSITES MARKET BY RESIN TYPE (USD MILLION) 2020-2029
TABLE 102Â Â Â Â AUSTRALIA RAIL COMPOSITES MARKET BY RESIN TYPE (KILOTONS) 2020-2029
TABLE 103Â Â Â Â AUSTRALIA RAIL COMPOSITES MARKET BY APPLICATION (USD MILLION) 2020-2029
TABLE 104Â Â Â Â AUSTRALIA RAIL COMPOSITES MARKET BY APPLICATION (KILOTONS) 2020-2029
TABLE 105Â Â Â Â SOUTH-EAST ASIA RAIL COMPOSITES MARKET BY FIBER TYPE (USD MILLION) 2020-2029
TABLE 106Â Â Â Â SOUTH-EAST ASIA RAIL COMPOSITES MARKET BY FIBER TYPE (KILOTONS) 2020-2029
TABLE 107Â Â Â Â SOUTH-EAST ASIA RAIL COMPOSITES MARKET BY RESIN TYPE (USD MILLION) 2020-2029
TABLE 108Â Â Â Â SOUTH-EAST ASIA RAIL COMPOSITES MARKET BY RESIN TYPE (KILOTONS) 2020-2029
TABLE 109Â Â Â Â SOUTH-EAST ASIA RAIL COMPOSITES MARKET BY APPLICATION (USD MILLION) 2020-2029
TABLE 110Â Â Â Â SOUTH-EAST ASIA RAIL COMPOSITES MARKET BY APPLICATION (KILOTONS) 2020-2029
TABLE 111Â Â Â Â REST OF ASIA PACIFIC RAIL COMPOSITES MARKET BY FIBER TYPE (USD MILLION) 2020-2029
TABLE 112Â Â Â Â REST OF ASIA PACIFIC RAIL COMPOSITES MARKET BY FIBER TYPE (KILOTONS) 2020-2029
TABLE 113Â Â Â Â REST OF ASIA PACIFIC RAIL COMPOSITES MARKET BY RESIN TYPE (USD MILLION) 2020-2029
TABLE 114Â Â Â Â REST OF ASIA PACIFIC RAIL COMPOSITES MARKET BY RESIN TYPE (KILOTONS) 2020-2029
TABLE 115Â Â Â Â REST OF ASIA PACIFIC RAIL COMPOSITES MARKET BY APPLICATION (USD MILLION) 2020-2029
TABLE 116Â Â Â Â REST OF ASIA PACIFIC RAIL COMPOSITES MARKET BY APPLICATION (KILOTONS) 2020-2029
TABLE 117Â Â Â Â EUROPE RAIL COMPOSITES MARKET BY FIBER TYPE (USD MILLION) 2020-2029
TABLE 118Â Â Â Â EUROPE RAIL COMPOSITES MARKET BY FIBER TYPE (KILOTONS) 2020-2029
TABLE 119Â Â Â Â EUROPE RAIL COMPOSITES MARKET BY RESIN TYPE (USD MILLION) 2020-2029
TABLE 120Â Â Â Â EUROPE RAIL COMPOSITES MARKET BY RESIN TYPE (KILOTONS) 2020-2029
TABLE 121Â Â Â Â EUROPE RAIL COMPOSITES MARKET BY APPLICATION (USD MILLION) 2020-2029
TABLE 122Â Â Â Â EUROPE RAIL COMPOSITES MARKET BY APPLICATION (KILOTONS) 2020-2029
TABLE 123Â Â Â Â EUROPE RAIL COMPOSITES MARKET BY COUNTRY (USD MILLION) 2020-2029
TABLE 124Â Â Â Â EUROPE RAIL COMPOSITES MARKET BY COUNTRY (KILOTONS) 2020-2029
TABLE 125Â Â Â Â GERMANY RAIL COMPOSITES MARKET BY FIBER TYPE (USD MILLION) 2020-2029
TABLE 126Â Â Â Â GERMANY RAIL COMPOSITES MARKET BY FIBER TYPE (KILOTONS) 2020-2029
TABLE 127Â Â Â Â GERMANY RAIL COMPOSITES MARKET BY RESIN TYPE (USD MILLION) 2020-2029
TABLE 128Â Â Â Â GERMANY RAIL COMPOSITES MARKET BY RESIN TYPE (KILOTONS) 2020-2029
TABLE 129Â Â Â Â GERMANY RAIL COMPOSITES MARKET BY APPLICATION (USD MILLION) 2020-2029
TABLE 130Â Â Â Â GERMANY RAIL COMPOSITES MARKET BY APPLICATION (KILOTONS) 2020-2029
TABLE 131Â Â Â Â UK RAIL COMPOSITES MARKET BY FIBER TYPE (USD MILLION) 2020-2029
TABLE 132Â Â Â Â UK RAIL COMPOSITES MARKET BY FIBER TYPE (KILOTONS) 2020-2029
TABLE 133Â Â Â Â UK RAIL COMPOSITES MARKET BY RESIN TYPE (USD MILLION) 2020-2029
TABLE 134Â Â Â Â UK RAIL COMPOSITES MARKET BY RESIN TYPE (KILOTONS) 2020-2029
TABLE 135Â Â Â Â UK RAIL COMPOSITES MARKET BY APPLICATION (USD MILLION) 2020-2029
TABLE 136Â Â Â Â UK RAIL COMPOSITES MARKET BY APPLICATION (KILOTONS) 2020-2029
TABLE 137Â Â Â Â FRANCE RAIL COMPOSITES MARKET BY FIBER TYPE (USD MILLION) 2020-2029
TABLE 138Â Â Â Â FRANCE RAIL COMPOSITES MARKET BY FIBER TYPE (KILOTONS) 2020-2029
TABLE 139Â Â Â Â FRANCE RAIL COMPOSITES MARKET BY RESIN TYPE (USD MILLION) 2020-2029
TABLE 140Â Â Â Â FRANCE RAIL COMPOSITES MARKET BY RESIN TYPE (KILOTONS) 2020-2029
TABLE 141Â Â Â Â FRANCE RAIL COMPOSITES MARKET BY APPLICATION (USD MILLION) 2020-2029
TABLE 142Â Â Â Â FRANCE RAIL COMPOSITES MARKET BY APPLICATION (KILOTONS) 2020-2029
TABLE 143Â Â Â Â ITALY RAIL COMPOSITES MARKET BY FIBER TYPE (USD MILLION) 2020-2029
TABLE 144Â Â Â Â ITALY RAIL COMPOSITES MARKET BY FIBER TYPE (KILOTONS) 2020-2029
TABLE 145Â Â Â Â ITALY RAIL COMPOSITES MARKET BY RESIN TYPE (USD MILLION) 2020-2029
TABLE 146Â Â Â Â ITALY RAIL COMPOSITES MARKET BY RESIN TYPE (KILOTONS) 2020-2029
TABLE 147Â Â Â Â ITALY RAIL COMPOSITES MARKET BY APPLICATION (USD MILLION) 2020-2029
TABLE 148Â Â Â Â ITALY RAIL COMPOSITES MARKET BY APPLICATION (KILOTONS) 2020-2029
TABLE 149Â Â Â Â SPAIN RAIL COMPOSITES MARKET BY FIBER TYPE (USD MILLION) 2020-2029
TABLE 150Â Â Â Â SPAIN RAIL COMPOSITES MARKET BY FIBER TYPE (KILOTONS) 2020-2029
TABLE 151Â Â Â Â SPAIN RAIL COMPOSITES MARKET BY RESIN TYPE (USD MILLION) 2020-2029
TABLE 152Â Â Â Â SPAIN RAIL COMPOSITES MARKET BY RESIN TYPE (KILOTONS) 2020-2029
TABLE 153Â Â Â Â SPAIN RAIL COMPOSITES MARKET BY APPLICATION (USD MILLION) 2020-2029
TABLE 154Â Â Â Â SPAIN RAIL COMPOSITES MARKET BY APPLICATION (KILOTONS) 2020-2029
TABLE 155Â Â Â Â RUSSIA RAIL COMPOSITES MARKET BY FIBER TYPE (USD MILLION) 2020-2029
TABLE 156Â Â Â Â RUSSIA RAIL COMPOSITES MARKET BY FIBER TYPE (KILOTONS) 2020-2029
TABLE 157Â Â Â Â RUSSIA RAIL COMPOSITES MARKET BY RESIN TYPE (USD MILLION) 2020-2029
TABLE 158Â Â Â Â RUSSIA RAIL COMPOSITES MARKET BY RESIN TYPE (KILOTONS) 2020-2029
TABLE 159Â Â Â Â RUSSIA RAIL COMPOSITES MARKET BY APPLICATION (USD MILLION) 2020-2029
TABLE 160Â Â Â Â RUSSIA RAIL COMPOSITES MARKET BY APPLICATION (KILOTONS) 2020-2029
TABLE 161Â Â Â Â REST OF EUROPE RAIL COMPOSITES MARKET BY FIBER TYPE (USD MILLION) 2020-2029
TABLE 162Â Â Â Â REST OF EUROPE RAIL COMPOSITES MARKET BY FIBER TYPE (KILOTONS) 2020-2029
TABLE 163Â Â Â Â REST OF EUROPE RAIL COMPOSITES MARKET BY RESIN TYPE (USD MILLION) 2020-2029
TABLE 164Â Â Â Â REST OF EUROPE RAIL COMPOSITES MARKET BY RESIN TYPE (KILOTONS) 2020-2029
TABLE 165Â Â Â Â REST OF EUROPE RAIL COMPOSITES MARKET BY APPLICATION (USD MILLION) 2020-2029
TABLE 166Â Â Â Â REST OF EUROPE RAIL COMPOSITES MARKET BY APPLICATION (KILOTONS) 2020-2029
TABLE 167Â Â Â Â MIDDLE EAST AND AFRICA RAIL COMPOSITES MARKET BY FIBER TYPE (USD MILLION) 2020-2029
TABLE 168Â Â Â Â MIDDLE EAST AND AFRICA RAIL COMPOSITES MARKET BY FIBER TYPE (KILOTONS) 2020-2029
TABLE 169Â Â Â Â MIDDLE EAST AND AFRICA RAIL COMPOSITES MARKET BY RESIN TYPE (USD MILLION) 2020-2029
TABLE 170Â Â Â Â MIDDLE EAST AND AFRICA RAIL COMPOSITES MARKET BY RESIN TYPE (KILOTONS) 2020-2029
TABLE 171Â Â Â Â MIDDLE EAST AND AFRICA RAIL COMPOSITES MARKET BY APPLICATION (USD MILLION) 2020-2029
TABLE 172Â Â Â Â MIDDLE EAST AND AFRICA RAIL COMPOSITES MARKET BY APPLICATION (KILOTONS) 2020-2029
TABLE 173Â Â Â Â MIDDLE EAST AND AFRICA RAIL COMPOSITES MARKET BY COUNTRY (USD MILLION) 2020-2029
TABLE 174Â Â Â Â MIDDLE EAST AND AFRICA RAIL COMPOSITES MARKET BY COUNTRY (KILOTONS) 2020-2029
TABLE 175Â Â Â Â UAE RAIL COMPOSITES MARKET BY FIBER TYPE (USD MILLION) 2020-2029
TABLE 176Â Â Â Â UAE RAIL COMPOSITES MARKET BY FIBER TYPE (KILOTONS) 2020-2029
TABLE 177Â Â Â Â UAE RAIL COMPOSITES MARKET BY RESIN TYPE (USD MILLION) 2020-2029
TABLE 178Â Â Â Â UAE RAIL COMPOSITES MARKET BY RESIN TYPE (KILOTONS) 2020-2029
TABLE 179Â Â Â Â UAE RAIL COMPOSITES MARKET BY APPLICATION (USD MILLION) 2020-2029
TABLE 180Â Â Â Â UAE RAIL COMPOSITES MARKET BY APPLICATION (KILOTONS) 2020-2029
TABLE 181Â Â Â Â SAUDI ARABIA RAIL COMPOSITES MARKET BY FIBER TYPE (USD MILLION) 2020-2029
TABLE 182Â Â Â Â SAUDI ARABIA RAIL COMPOSITES MARKET BY FIBER TYPE (KILOTONS) 2020-2029
TABLE 183Â Â Â Â SAUDI ARABIA RAIL COMPOSITES MARKET BY RESIN TYPE (USD MILLION) 2020-2029
TABLE 184Â Â Â Â SAUDI ARABIA RAIL COMPOSITES MARKET BY RESIN TYPE (KILOTONS) 2020-2029
TABLE 185Â Â Â Â SAUDI ARABIA RAIL COMPOSITES MARKET BY APPLICATION (USD MILLION) 2020-2029
TABLE 186Â Â Â Â SAUDI ARABIA RAIL COMPOSITES MARKET BY APPLICATION (KILOTONS) 2020-2029
TABLE 187Â Â Â Â SOUTH AFRICA RAIL COMPOSITES MARKET BY FIBER TYPE (USD MILLION) 2020-2029
TABLE 188Â Â Â Â SOUTH AFRICA RAIL COMPOSITES MARKET BY FIBER TYPE (KILOTONS) 2020-2029
TABLE 189Â Â Â Â SOUTH AFRICA RAIL COMPOSITES MARKET BY RESIN TYPE (USD MILLION) 2020-2029
TABLE 190Â Â Â Â SOUTH AFRICA RAIL COMPOSITES MARKET BY RESIN TYPE (KILOTONS) 2020-2029
TABLE 191Â Â Â Â SOUTH AFRICA RAIL COMPOSITES MARKET BY APPLICATION (USD MILLION) 2020-2029
TABLE 192Â Â Â Â SOUTH AFRICA RAIL COMPOSITES MARKET BY APPLICATION (KILOTONS) 2020-2029
TABLE 193Â Â Â Â REST OF MIDDLE EAST AND AFRICA RAIL COMPOSITES MARKET BY FIBER TYPE (USD MILLION) 2020-2029
TABLE 194Â Â Â Â REST OF MIDDLE EAST AND AFRICA RAIL COMPOSITES MARKET BY FIBER TYPE (KILOTONS) 2020-2029
TABLE 195Â Â Â Â REST OF MIDDLE EAST AND AFRICA RAIL COMPOSITES MARKET BY RESIN TYPE (USD MILLION) 2020-2029
TABLE 196Â Â Â Â REST OF MIDDLE EAST AND AFRICA RAIL COMPOSITES MARKET BY RESIN TYPE (KILOTONS) 2020-2029
TABLE 197Â Â Â Â REST OF MIDDLE EAST AND AFRICA RAIL COMPOSITES MARKET BY APPLICATION (USD MILLION) 2020-2029
TABLE 198Â Â Â Â REST OF MIDDLE EAST AND AFRICA RAIL COMPOSITES MARKET BY APPLICATION (KILOTONS) 2020-2029
LIST OF FIGURES
FIGURE 1Â Â Â Â Â MARKET DYNAMICS
FIGURE 2Â Â Â Â Â MARKET SEGMENTATION
FIGURE 3Â Â Â Â Â REPORT TIMELINES: YEARS CONSIDERED
FIGURE 4Â Â Â Â Â DATA TRIANGULATION
FIGURE 5Â Â Â Â Â BOTTOM-UP APPROACH
FIGURE 6Â Â Â Â Â TOP-DOWN APPROACH
FIGURE 7Â Â Â Â Â RESEARCH FLOW
FIGURE 8Â Â Â Â Â GLOBAL RAIL COMPOSITES MARKET BY FIBER TYPE, USD MILLION, 2020-2029
FIGURE 9Â Â Â Â Â GLOBAL RAIL COMPOSITES MARKET BY RESIN TYPE, USD MILLION, 2020-2029
FIGURE 10Â Â Â GLOBAL RAIL COMPOSITES MARKET BY APPLICATIONS, USD MILLION, 2020-2029
FIGURE 11Â Â Â GLOBAL RAIL COMPOSITES MARKET BY REGION, USD MILLION, 2020-2029
FIGURE 12   PORTER’S FIVE FORCES MODEL
FIGURE 13Â Â Â GLOBAL RAIL COMPOSITES MARKET BY FIBER TYPE, USD MILLION, 2021
FIGURE 14Â Â Â GLOBAL RAIL COMPOSITES MARKET BY RESIN TYPE, USD MILLION, 2021
FIGURE 15Â Â Â GLOBAL RAIL COMPOSITES MARKET BY APPLICATIONS, USD MILLION, 2021
FIGURE 16Â Â Â GLOBAL RAIL COMPOSITES MARKET BY REGION, USD MILLIONÂ 2021
FIGURE 17Â Â Â MARKET SHARE ANALYSIS
FIGURE 18Â Â Â TORAY INDUSTRIES INC.: COMPANY SNAPSHOT
FIGURE 19Â Â Â CYTEC INDUSTRIES INC.: COMPANY SNAPSHOT
FIGURE 20Â Â Â KONINKLIJKE TEN CATE NV: COMPANY SNAPSHOT
FIGURE 21Â Â Â GURIT HOLDING AG: COMPANY SNAPSHOT
FIGURE 22Â Â Â HEXEL CORPORATION: COMPANY SNAPSHOT
FIGURE 23Â Â Â TEIJIN LIMITED: COMPANY SNAPSHOT
FIGURE 24Â Â Â AIM ALTITUDE: COMPANY SNAPSHOT
FIGURE 25Â Â Â DARTFORD COMPOSITES LTD.: COMPANY SNAPSHOT
FIGURE 26Â Â Â KEMROCK INDUSTRIES: COMPANY SNAPSHOT
FIGURE 27Â Â Â EXPORTS LIMITED: COMPANY SNAPSHOT
FIGURE 28Â Â Â PREMIER COMPOSITE TECHNOLOGIES: COMPANY SNAPSHOT
FIGURE 29Â Â Â FDC COMPOSITES INC.: COMPANY SNAPSHOT
FIGURE 30Â Â Â TPI COMPOSITES INC.: COMPANY SNAPSHOT
FAQ
The global rail composites market was valued at 1670.1 million in 2022 and is projected to reach 2,486.44 million by 2029, growing at a CAGR of 5.85% from 2022 to 2029
Based on fiber type, resin type, applications, and region the rail composites market reports divisions are broken down.
The global rail composites market registered a CAGR of 5.85% from 2022 to 2029. The industry segment was the highest revenue contributor to the market.
Asia Pacific dominates the largest market for rail composites. Growing demand for infrastructure, particularly in developing countries like China and India, is expected to lead to significant expansion in the region.
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