Global Railway Tie Supply Market 2018-2022
- Published: Sep 2018
- Pages: 97
- SKU: IRTNTR23765
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The global railway tie supply market size will grow by USD 1.7 billion during 2018-2022. This report provides an analysis of the market’s competitive landscape and offers information on several companies including Koppers, L.B. Foster Company, Stella-Jones, TieTek, and Vossloh. This The railway tie supply market research report also offers an analysis of the market by material type (concrete, wood, and others) and geography (the Americas, APAC, and EMEA).
Below are some of the key findings from this railway tie supply market analysis report
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Global Railway Tie Supply Industry Overview
Technavio’s analysts have identified the growing global rail logistics market to be one of the key factors inducing the market’s growth during the forthcoming years. The rail logistics market includes the management of acquisition, storage, and transportation of cargo through railways from the source to destination. Owing to the growth of the major end-user industries including chemical and petrochemical, oil and gas industries, manufacturing, and others, the rail logistics market is likely to spur significantly in the upcoming years. These industries are increasingly expected to avail railway services for channelizing their operations in the market.
The end-user industries transport goods in bulk quantities in a single go with less traffic congestion, eventually, bolstering the railway logistics market. Consequently, such rising growth of the rail logistics market will facilitate the growth of the global railway tie supply market during the predicted period. As the demand for rail logistics increases, the need for rail tracks components including railway ties, fasteners, and fishplates will also rise, in turn, boosting the market’s growth in the long run.
The railway tie supply market is moderately fragmented owing to the presence of several railway tie suppliers offering strengthened products to meet the evolving end-user requirements. By offering a complete analysis of the market’s competitive landscape and with information on the products offered by the companies, this railway tie supply industry analysis report will aid clients to identify new growth opportunities and design new growth strategies to improve their position in the market.
The report offers a complete analysis of several companies including:
- L.B. Foster Company
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Railway tie supply market growth based on geographic regions
With a complete study of the growth opportunities for the companies across regions such as the Americas, APAC, and EMEA, our industry research analysts have estimated that countries in the Americas will contribute to the highest growth of this market throughout the predicted period.
Railway tie supply market growth based on material type
According to Technavio’s railway tie supply market study, the concrete material type segment will account for the highest growth in the market. Additionally, the report also provides an accurate prediction of the contribution of the various material type segments to the growth of the railway tie supply market size.
Key highlights of the global railway tie supply market for the forecast years 2018-2022:
- CAGR of the market during the forecast period 2018-2022
- Detailed information on factors that will accelerate the growth of the railway tie supply market during the next five years
- Precise estimation of the global railway tie supply market size and its contribution to the parent market
- Accurate predictions on upcoming trends and changes in consumer behavior
- The growth of the railway tie supply industry across various geographies such as the Americas, APAC, and EMEA
- A thorough analysis of the market’s competitive landscape and detailed information on several vendors
- Comprehensive information about factors that will challenge the growth of railway tie supply companies
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Technavio presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The analysts have presented the various facets of the market with a particular focus on identifying the key industry influencers. The data thus presented is comprehensive, reliable, and the result of extensive research, both primary and secondary.
- Market size and forecast
- Market segmentation
- Geographical insights
- Competitive landscape
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