Rail Composites Market Poised to Reach $1 Billion by 2020 - Report by MarketsandMarkets

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The Rail Composites Market research report categorizes the global market for railway composite on the basis of types of fiber, type of resin, applications, and region along with forecasting volume, value, and trends. (http://www.marketsandmarkets.com/Market-Reports/rail-composite-market-160525988.html)



Key Players in the Market: Toray Industries Inc. (Japan), Cytec Industries Inc. (U.S.), Koninklijke Ten Cate nv (Netherlands), Gurit Holding AG (Switzerland), Hexel Corporation (U.S.), Teijin Limited (Japan), AIM ALTITUDE (U.K.).

The report Rail Composites Market by Fiber type (Glass fiber, Carbon fiber and others), Applications (Interior, Exterior etc.), by resin type (Polyester, Phenolic, Epoxy etc.) and by geography - Trend and Forecast to 2020 defines and segments the global market with an analysis and forecast of its global volume and value.

Browse 73 market data tables and 54 figures spread through 160 pages and in-depth TOC on “Rail Composites Market"
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The global market for rail composite is growing at a healthy rate with Asia-Pacific and Europe as a leading consumer, followed by the North America. The major types of composite used in rail applications are glass fiber composite, carbon fiber composite, and other composites. Glass fiber composite is the largest material type for rail composite. In terms of volume, Asia-Pacific is projected to witness a high growth rate between 2015 and 2020 and is currently the fastest-growing market for rail composite.

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This report follows both top-down and bottom-up approaches to estimate and forecast the global rail composite market by volume and value. This report focuses on the global rail composite market by its fiber type, resin type, application, and region.

Toray Industries (Japan), Cytec Industries Inc. (U.S.), Royal TenCate nv (Netherlands), Gurit Holding AG (Switzerland), Hexel Corporation (U.S.), and Teijin Limited (Japan) are some of the major supplier of rail composites material. Company profiling and competitive strategies adopted by top rail composite components manufacturers such as AIM ALTITUDE (U.K.), Dartford Composites Ltd. (U.K.), and Exports Limited (India), Premier Composite Technologies (Dubai), FDC Composites Inc. (Canada), TPI Composites Inc. (U.S.), etc. are also covered in the report.

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The rail composites market is projected to witness growth at an estimated CAGR of 8.5% from 2015 to reach $1 billion by 2020. The report also defines driving and restraining factors for the global rail composite market with the analysis of trends, opportunities, burning issues, winning imperatives, and challenges. Additionally, the market is forecasted on the basis of major regions, such as North America, Europe, Asia-Pacific, and Rest of the World (RoW) by both value and volume. The regional rail composite market is further segmented on the basis of major applications.

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