Rail Coatings Market (2018 – 2023) report provides the newest industry data and industry future trends, allowing you to identify the products and end users driving Revenue growth and profitability. The Rail Coatings market report lists the leading competitors and provides the insights strategic industry Analysis of the key factors influencing the market.
“Rail Coatings Market report is anticipated to register a CAGR of XX% over a five years forecast period (2018 – 2023).”
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List of Major Key players operating in the Global Rail Coatings Market are –
- Axalta Coatng Systems
- AkzoNobel NV
- BASF SE
- Beijing Oriental Yuhong Waterproof Technology Co. Ltd.
- GLS Coatings Ltd
- Kansai Paints
- Nippon paint
- PPG INDUSTRIES
- The Sherwin Williams Company
The Rail Coatings market is estimated to experience significant growth during the forecast period. Asia-Pacific is expected to hold the largest share of the market. Water-borne is expected to be the fastest growing technology.
Developing high speed rails in APAC set to propel growth of the Rail Coatings Market
High-speed rails are in developmental phase in countries, such as China, Japan, South Korea, and Taiwan. East Asian high-speed railway network is dominated by China, with projects, such as Beijing-Tianjin high-speed rail and Shitai Passenger Railway heading the developmental phase. Moreover, the high-speed railway network in China is likely to be larger than the combined length and capacity of the rest of the world. Developments are also in full fledge in Japan and South Korea
Water-based Technology – The Fastest Growing by Technology
There are many regulations from several governments which supports water-based coatings. These are usually used in several applications, which includes transportation, building and construction, and industrial applications. Water-borne exhibits high mechanical strength and toughness, along with electrical and thermal properties. The absence of isocyanate, flammable constituents, and costly ventilation systems makes water-based coatings as the first option.
Asia-Pacific is set to dominate the region during the forecast period
The urban railway network in Asia-Pacific has undergone high growth in the recent years. At the end of 2017, Chinaâs urban rail tracking crossed 5,000 km. Chinese cities started 33 new lines totaling around 870 km in the year 2017, a 62.5% increase compared to 2016 with 534 km of new lines completed. China accounts for over 65% of worldâs total HSR systems. Indian government announced a budget of USD 23.3 billion for Indian Railways for the year 2018-19, which is the highest in Indian Railwayâs history and 13% more than the railway budget of 2017-18. With the upcoming high-speed rail (HSR) projects in Singapore, South Korea, Thailand, etc., the market for high-speed rail coatings in the region is to grow at a fast rate.
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Scope of the Report:
The report analyses Rail Coatings market, which includes –
- Analysis of the growth of Rail Coatings market in global and regional level including Asia-Pacific, Americas, and EMEA.
- The report provides Rail Coatings market analysis for key countries including the US, Canada, Chile, China, India, Japan, the UK, Germany, France, and Italy.
- The report offers country level Rail Coatings market volume and value by end-user segment for the period 2012-2023.
- Qualitative analysis of key market drivers and restraints, and analysis of their impacts on Rail Coatings market are discussed.
- The report provides competitive landscape at country level for the year 2018. It also covers key policies and initiatives, key deals, and key upcoming projects.
Highlighted points of Rail Coatings Market Report:
- Varying dynamics of the Rail Coatings industry.
- Prospective changes in sales volumes and worldwide share growth in upcoming years (2018-2023).
- Rail Coatings market report recognizes the key drivers of growth and challenges of the key industry players.
- Competitors profiles along with product description, overview, and business data.
- A complete analysis of market risks, opportunities, limitations, and growth of the market.
- Market driving and restraining factors.
- Delivers information on the historical and current market size and the future potential of the market.
- Rail Coatings market report provides a comprehensive analysis of the market with respect to market dynamics, competitive analysis, and upcoming trends of the market.
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Reasons to Purchase Rail Coatings Market Report:
- The report analyses how stringent emission control norms will drive the global Rail Coatings market.
- Analyzing various perspectives of the market with the help of Porter’s five forces analysis.
- Study on the product type that is expected to dominate the market.
- Study on the regions that are expected to witness the fastest growth during the forecast period.
- Identify the latest developments, market shares and strategies employed by the major Rail Coatings market players.
- 3 months’ analyst support along with the Market Estimate sheet (in excel).
In this study, the years considered to estimate the market size of Rail Coatings:
History Year: 2013-2017
Base Year: 2017
Estimated Year: 2018
Forecast Year 2018 to 2023
Look into Table of Content of Rail Coatings Market Report @ https://www.360marketupdates.com/TOC/12887180#TOC
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