According to Gen Consulting Company, the global rail composites market is set to achieve an incremental growth of USD 0.6 billion, acelerating at a CAGR of almost 5.8% during the forecast period 2022-2028.

The report covers market size and growth, segmentation, regional breakdowns, competitive landscape, trends and strategies for global rail composites market. It traces the market’s historic and forecast market growth. The report identifies top segments for opportunities and strategies based on market trends and leading competitors’ approaches. This study also provides an analysis of the impact of the COVID-19 crisis on the rail composites industry.

This industry report offers market estimates and forecasts of the global market, followed by a detailed analysis of the resin, fiber, application, and region. The global market for rail composites can be segmented by resin: epoxy, polyester, phenolic, vinyl ester, others. The polyester segment was the largest contributor to the global rail composites market in 2021. Rail composites market is further segmented by fiber: glass fiber, carbon fiber, others. According to the research, the glass fiber segment had the largest share in the global rail composites market. Based on application, the rail composites market is segmented into: exterior, interior, others. The exterior segment held the largest revenue share in 2021. On the basis of region, the rail composites market also can be divided into: North America, Europe, Asia-Pacific, MEA (Middle East and Africa), Latin America. Globally, Asia-Pacific made up the largest share of the rail composites market.

Market Segmentation
By resin: epoxy, polyester, phenolic, vinyl ester, others
By fiber: glass fiber, carbon fiber, others
By application: exterior, interior, others
By region: North America, Europe, Asia-Pacific, MEA (Middle East and Africa), Latin America

The report also provides analysis of the key companies of the industry and their detailed company profiles including Avient Corporation, BASF SE, Celanese Corporation, Exel Composites Oyj, Gurit Holding AG, Hexcel Corporation, LANXESS AG, Mitsubishi Chemical Advanced Materials, Reliance Industries Limited, Solvay SA, Teijin Limited, Toray Industries Inc., among others.
*REQUEST FREE SAMPLE TO GET A COMPLETE LIST OF COMPANIES

Historical & Forecast Period
This research report provides analysis for each segment from 2018 to 2028 considering 2021 to be the base year.

Scope of the Report
– To analyze and forecast the market size of the global rail composites market.
– To classify and forecast the global rail composites market based on resin, fiber, application, region.
– To identify drivers and challenges for the global rail composites market.
– To examine competitive developments such as mergers & acquisitions, agreements, collaborations and partnerships, etc., in the global rail composites market.
– To identify and analyze the profile of leading players operating in the global rail composites market.

Why Choose This Report
– Gain a reliable outlook of the global rail composites market forecasts from 2022 to 2028 across scenarios.
– Identify growth segments for investment.
– Stay ahead of competitors through company profiles and market data.
– The market estimate for ease of analysis across scenarios in Excel format.
– Strategy consulting and research support for three months.
– Print authentication provided for the single-user license.