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Rail Composites Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027

Market Overview:

The global rail composites market is expected to exhibit a CAGR of 5.68% during 2022-2027. Keeping in mind the uncertainties of COVID-19, we are continuously tracking and evaluating the direct as well as the indirect influence of the pandemic. These insights are included in the report as a major market contributor.

Rail composites refer to various synthetic materials used for enhancing flexibility in train designs and optimizing their performance. Some of the commonly used resins include polyester, phenolic, epoxy and vinyl esters. They are used to manufacture interior and exterior components of the trains, such as the ceiling, flooring, wall panels, seats, toilet modules and doors, as they offer resistance against high temperatures, moisture, corrosion, stress and fire. These materials also improve the aesthetic appeal of the compartment and minimize the energy consumption and noise and vibration levels to enhance the comfort for passengers.

 

 
 

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Significant growth in the travel and tourism industry across the globe, along with the increasing preference for a luxurious travel experience by the passengers, represents one of the key factors creating a positive outlook for the market. Furthermore, the rising emphasis of rail manufacturers toward utilizing energy and cost-effective materials is providing a thrust to the market growth. With the escalating demand for high-speed rail (HSR), rail composites are being widely used to produce light-weight body shells, bogies, heating, ventilation and air conditioning (HVAC) systems and interior linings to minimize the overall weight of the train. Additionally, various product innovations, such as the development of alternative composite materials, such as phenolic sheet molding compounds (SMC), modified epoxy glass pre-preg and thermoplastics, are acting as other growth-inducing factors. Product manufacturers are also developing natural fiber and resin-based reinforcements that are biodegradable and sustainable alternatives to the existing composites. Other factors, including extensive research and development (R&D) activities, along with infrastructural developments, are anticipated to drive the market further.

Key Market Segmentation:

IMARC Group provides an analysis of the key trends in each sub-segment of the global rail composites market, along with forecasts at the global, regional and country level from 2022-2027. Our report has categorized the market based on fiber type, resin type and application.

Breakup by Fiber Type:

 

 
 

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  • Glass Fiber Composite
  • Carbon Fiber Composite
  • Others
     

Breakup by Resin Type:

  • Polyester
  • Vinyl Ester
  • Phenolic
  • Epoxy
  • Others
     

Breakup by Application:

  • Interior
  • Exterior
     

Breakup by Region:

 

 
 

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  • North America
    • United States
    • Canada
  • Asia Pacific
    • China
    • Japan
    • India
    • South Korea
    • Australia
    • Indonesia
    • Others
  • Europe
    • Germany
    • France
    • United Kingdom
    • Italy
    • Spain
    • Russia
    • Others
  • Latin America
    • Brazil
    • Mexico
    • Others
  • Middle East and Africa
     

Competitive Landscape:

The report has also analysed the competitive landscape of the market with some of the key players being 3A Composites Holding AG (Schweiter Technologies AG), AIM Altitude (AVIC International Aero-Development Corporation), Dartford Composites Ltd., FDC Composites Inc., Gurit Holding AG, Hexcel Corporation, Koninklijke Ten Cate B.V., Teijin Limited, Toray Industries Inc. and TPI Composites Inc.

Report Coverage:

Report Features Details
Base Year of the Analysis 2021
Historical Period 2016-2021
Forecast Period 2022-2027
Units US$ Billion
Segment Coverage Fiber Type, Resin Type, Application, Region
Region Covered  Asia Pacific, Europe, North America, Latin America, Middle East and Africa
Countries Covered United States, Canada, Germany, France, United Kingdom, Italy, Spain, Russia, China, Japan, India, South Korea, Australia, Indonesia, Brazil, Mexico
Companies Covered 3A Composites Holding AG (Schweiter Technologies AG), AIM Altitude (AVIC International Aero-Development Corporation), Dartford Composites Ltd., FDC Composites Inc., Gurit Holding AG, Hexcel Corporation, Koninklijke Ten Cate B.V., Teijin Limited, Toray Industries Inc. and TPI Composites Inc.
Customization Scope 10% Free Customization
Report Price and Purchase Option Single User License: US$ 2499
Five User License: US$ 3499
Corporate License: US$ 4499
Post-Sale Analyst Support 10-12 Weeks
Delivery Format PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request)


Key Questions Answered in This Report:

  • How has the global rail composites market performed so far and how will it perform in the coming years?
  • What has been the impact of COVID-19 on the global rail composites market?
  • What are the key regional markets?
  • What is the breakup of the market based on the fiber type?
  • What is the breakup of the market based on the resin type?
  • What is the breakup of the market based on the application?
  • What are the various stages in the value chain of the industry?
  • What are the key driving factors and challenges in the industry?
  • What is the structure of the global rail composites market and who are the key players?
  • What is the degree of competition in the industry?

1   Preface
2   Scope and Methodology 
    2.1    Objectives of the Study
    2.2    Stakeholders
    2.3    Data Sources
        2.3.1    Primary Sources
        2.3.2    Secondary Sources
    2.4    Market Estimation
        2.4.1    Bottom-Up Approach
        2.4.2    Top-Down Approach
    2.5    Forecasting Methodology
3   Executive Summary
4   Introduction
    4.1    Overview
    4.2    Key Industry Trends
5   Global Rail Composites Market
    5.1    Market Overview
    5.2    Market Performance
    5.3    Impact of COVID-19
    5.4    Market Forecast
6   Market Breakup by Fiber Type
    6.1    Glass Fiber Composite
        6.1.1 Market Trends
        6.1.2 Market Forecast
    6.2    Carbon Fiber Composite
        6.2.1 Market Trends
        6.2.2 Market Forecast
    6.3    Others
        6.3.1 Market Trends
        6.3.2 Market Forecast
7   Market Breakup by Resin Type
    7.1    Polyester
        7.1.1 Market Trends
        7.1.2 Market Forecast
    7.2    Vinyl Ester
        7.2.1 Market Trends
        7.2.2 Market Forecast
    7.3    Phenolic
        7.3.1 Market Trends
        7.3.2 Market Forecast
    7.4    Epoxy
        7.4.1 Market Trends
        7.4.2 Market Forecast
    7.5    Others
        7.5.1 Market Trends
        7.5.2 Market Forecast
8   Market Breakup by Application
    8.1    Interior
        8.1.1 Market Trends
        8.1.2 Market Forecast
    8.2    Exterior
        8.2.1 Market Trends
        8.2.2 Market Forecast
9   Market Breakup by Region
    9.1    North America
        9.1.1 United States
           9.1.1.1 Market Trends
           9.1.1.2 Market Forecast
        9.1.2 Canada
           9.1.2.1 Market Trends
           9.1.2.2 Market Forecast
    9.2    Asia Pacific
        9.2.1 China
           9.2.1.1 Market Trends
           9.2.1.2 Market Forecast
        9.2.2 Japan
           9.2.2.1 Market Trends
           9.2.2.2 Market Forecast
        9.2.3 India
           9.2.3.1 Market Trends
           9.2.3.2 Market Forecast
        9.2.4 South Korea
           9.2.4.1 Market Trends
           9.2.4.2 Market Forecast
        9.2.5 Australia
           9.2.5.1 Market Trends
           9.2.5.2 Market Forecast
        9.2.6 Indonesia
           9.2.6.1 Market Trends
           9.2.6.2 Market Forecast
        9.2.7 Others
           9.2.7.1 Market Trends
           9.2.7.2 Market Forecast
    9.3    Europe
        9.3.1 Germany
           9.3.1.1 Market Trends
           9.3.1.2 Market Forecast
        9.3.2 France
           9.3.2.1 Market Trends
           9.3.2.2 Market Forecast
        9.3.3 United Kingdom
           9.3.3.1 Market Trends
           9.3.3.2 Market Forecast
        9.3.4 Italy
           9.3.4.1 Market Trends
           9.3.4.2 Market Forecast
        9.3.5 Spain
           9.3.5.1 Market Trends
           9.3.5.2 Market Forecast
        9.3.6 Russia
           9.3.6.1 Market Trends
           9.3.6.2 Market Forecast
        9.3.7 Others
           9.3.7.1 Market Trends
           9.3.7.2 Market Forecast
    9.4    Latin America
        9.4.1 Brazil
           9.4.1.1 Market Trends
           9.4.1.2 Market Forecast
        9.4.2 Mexico
           9.4.2.1 Market Trends
           9.4.2.2 Market Forecast
        9.4.3 Others
           9.4.3.1 Market Trends
           9.4.3.2 Market Forecast
    9.5    Middle East and Africa
        9.5.1 Market Trends
        9.5.2 Market Breakup by Country
        9.5.3 Market Forecast
10  SWOT Analysis
    10.1    Overview
    10.2    Strengths
    10.3    Weaknesses
    10.4    Opportunities
    10.5    Threats
11  Value Chain Analysis
12  Porters Five Forces Analysis
    12.1    Overview
    12.2    Bargaining Power of Buyers
    12.3    Bargaining Power of Suppliers
    12.4    Degree of Competition
    12.5    Threat of New Entrants
    12.6    Threat of Substitutes
13  Price Analysis
14  Competitive Landscape
    14.1    Market Structure
    14.2    Key Players
    14.3    Profiles of Key Players
        14.3.1    3A Composites Holding AG (Schweiter Technologies AG)
           14.3.1.1 Company Overview
           14.3.1.2 Product Portfolio 
        14.3.2    AIM Altitude (AVIC International Aero-Development Corporation)
           14.3.2.1 Company Overview
           14.3.2.2 Product Portfolio
           14.3.2.3 Financials 
        14.3.3    Dartford Composites Ltd.
           14.3.3.1 Company Overview
           14.3.3.2 Product Portfolio 
        14.3.4    FDC Composites Inc.
           14.3.4.1 Company Overview
           14.3.4.2 Product Portfolio 
        14.3.5    Gurit Holding AG
           14.3.5.1 Company Overview
           14.3.5.2 Product Portfolio 
           14.3.5.3 Financials
        14.3.6    Hexcel Corporation
           14.3.6.1 Company Overview
           14.3.6.2 Product Portfolio 
           14.3.6.3 Financials
           14.3.6.4 SWOT Analysis
        14.3.7    Koninklijke Ten Cate B.V.
           14.3.7.1 Company Overview
           14.3.7.2 Product Portfolio
           14.3.7.3 Financials
           14.3.7.4 SWOT Analysis
        14.3.8    Teijin Limited
           14.3.8.1 Company Overview
           14.3.8.2 Product Portfolio 
           14.3.8.3 Financials
           14.3.8.4 SWOT Analysis
        14.3.9    Toray Industries Inc.
           14.3.9.1 Company Overview
           14.3.9.2 Product Portfolio
           14.3.9.3 Financials
           14.3.9.4 SWOT Analysis
        14.3.10    TPI Composites Inc.
           14.3.10.1 Company Overview
           14.3.10.2 Product Portfolio 
           14.3.10.3 Financials
           14.3.10.4 SWOT Analysis

List of Figures

Figure 1: Global: Rail Composites Market: Major Drivers and Challenges
Figure 2: Global: Rail Composites Market: Sales Value (in Billion US$), 2016-2021
Figure 3: Global: Rail Composites Market: Breakup by Fiber Type (in %), 2021
Figure 4: Global: Rail Composites Market: Breakup by Resin Type (in %), 2021
Figure 5: Global: Rail Composites Market: Breakup by Application (in %), 2021
Figure 6: Global: Rail Composites Market: Breakup by Region (in %), 2021
Figure 7: Global: Rail Composites Market Forecast: Sales Value (in Billion US$), 2022-2027
Figure 8: Global: Rail Composites (Glass Fiber Composite) Market: Sales Value (in Million US$), 2016 & 2021
Figure 9: Global: Rail Composites (Glass Fiber Composite) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 10: Global: Rail Composites (Carbon Fiber Composite) Market: Sales Value (in Million US$), 2016 & 2021
Figure 11: Global: Rail Composites (Carbon Fiber Composite) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 12: Global: Rail Composites (Other Fiber Types) Market: Sales Value (in Million US$), 2016 & 2021
Figure 13: Global: Rail Composites (Other Fiber Types) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 14: Global: Rail Composites (Polyester) Market: Sales Value (in Million US$), 2016 & 2021
Figure 15: Global: Rail Composites (Polyester) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 16: Global: Rail Composites (Vinyl Ester) Market: Sales Value (in Million US$), 2016 & 2021
Figure 17: Global: Rail Composites (Vinyl Ester) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 18: Global: Rail Composites (Phenolic) Market: Sales Value (in Million US$), 2016 & 2021
Figure 19: Global: Rail Composites (Phenolic) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 20: Global: Rail Composites (Epoxy) Market: Sales Value (in Million US$), 2016 & 2021
Figure 21: Global: Rail Composites (Epoxy) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 22: Global: Rail Composites (Other Resin Types) Market: Sales Value (in Million US$), 2016 & 2021
Figure 23: Global: Rail Composites (Other Resin Types) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 24: Global: Rail Composites (Interior) Market: Sales Value (in Million US$), 2016 & 2021
Figure 25: Global: Rail Composites (Interior) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 26: Global: Rail Composites (Exterior) Market: Sales Value (in Million US$), 2016 & 2021
Figure 27: Global: Rail Composites (Exterior) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 28: North America: Rail Composites Market: Sales Value (in Million US$), 2016 & 2021
Figure 29: North America: Rail Composites Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 30: United States: Rail Composites Market: Sales Value (in Million US$), 2016 & 2021
Figure 31: United States: Rail Composites Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 32: Canada: Rail Composites Market: Sales Value (in Million US$), 2016 & 2021
Figure 33: Canada: Rail Composites Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 34: Asia Pacific: Rail Composites Market: Sales Value (in Million US$), 2016 & 2021
Figure 35: Asia Pacific: Rail Composites Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 36: China: Rail Composites Market: Sales Value (in Million US$), 2016 & 2021
Figure 37: China: Rail Composites Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 38: Japan: Rail Composites Market: Sales Value (in Million US$), 2016 & 2021
Figure 39: Japan: Rail Composites Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 40: India: Rail Composites Market: Sales Value (in Million US$), 2016 & 2021
Figure 41: India: Rail Composites Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 42: South Korea: Rail Composites Market: Sales Value (in Million US$), 2016 & 2021
Figure 43: South Korea: Rail Composites Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 44: Australia: Rail Composites Market: Sales Value (in Million US$), 2016 & 2021
Figure 45: Australia: Rail Composites Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 46: Indonesia: Rail Composites Market: Sales Value (in Million US$), 2016 & 2021
Figure 47: Indonesia: Rail Composites Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 48: Others: Rail Composites Market: Sales Value (in Million US$), 2016 & 2021
Figure 49: Others: Rail Composites Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 50: Europe: Rail Composites Market: Sales Value (in Million US$), 2016 & 2021
Figure 51: Europe: Rail Composites Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 52: Germany: Rail Composites Market: Sales Value (in Million US$), 2016 & 2021
Figure 53: Germany: Rail Composites Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 54: France: Rail Composites Market: Sales Value (in Million US$), 2016 & 2021
Figure 55: France: Rail Composites Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 56: United Kingdom: Rail Composites Market: Sales Value (in Million US$), 2016 & 2021
Figure 57: United Kingdom: Rail Composites Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 58: Italy: Rail Composites Market: Sales Value (in Million US$), 2016 & 2021
Figure 59: Italy: Rail Composites Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 60: Spain: Rail Composites Market: Sales Value (in Million US$), 2016 & 2021
Figure 61: Spain: Rail Composites Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 62: Russia: Rail Composites Market: Sales Value (in Million US$), 2016 & 2021
Figure 63: Russia: Rail Composites Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 64: Others: Rail Composites Market: Sales Value (in Million US$), 2016 & 2021
Figure 65: Others: Rail Composites Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 66: Latin America: Rail Composites Market: Sales Value (in Million US$), 2016 & 2021
Figure 67: Latin America: Rail Composites Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 68: Brazil: Rail Composites Market: Sales Value (in Million US$), 2016 & 2021
Figure 69: Brazil: Rail Composites Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 70: Mexico: Rail Composites Market: Sales Value (in Million US$), 2016 & 2021
Figure 71: Mexico: Rail Composites Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 72: Others: Rail Composites Market: Sales Value (in Million US$), 2016 & 2021
Figure 73: Others: Rail Composites Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 74: Middle East and Africa: Rail Composites Market: Sales Value (in Million US$), 2016 & 2021
Figure 75: Middle East and Africa: Rail Composites Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 76: Global: Rail Composites Industry: SWOT Analysis
Figure 77: Global: Rail Composites Industry: Value Chain Analysis
Figure 78: Global: Rail Composites Industry: Porter’s Five Forces Analysis

List of Tables

Table 1: Global: Rail Composites Market: Key Industry Highlights, 2021 and 2027
Table 2: Global: Rail Composites Market Forecast: Breakup by Fiber Type (in Million US$), 2022-2027
Table 3: Global: Rail Composites Market Forecast: Breakup by Resin Type (in Million US$), 2022-2027
Table 4: Global: Rail Composites Market Forecast: Breakup by Application (in Million US$), 2022-2027
Table 5: Global: Rail Composites Market Forecast: Breakup by Region (in Million US$), 2022-2027
Table 6: Global: Rail Composites Market Structure
Table 7: Global: Rail Composites Market: Key Players


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