Research and Markets: Rail Composites Market by Fiber type, Applications, by Resin Type and by Geography – Trend and Forecast to 2020
By Business Wire News
Research and Markets (http://www.researchandmarkets.com/research/frp6ds/rail_composites) has announced the addition of the “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” report to their offering.
The rail composites market is projected to witness a CAGR of more than 8.5% between 2015 and 2020, and is expected to reach global market value of more than $1 billion by 2020.
The global market is witnessing high growth because of its increasing use in different applications, such as interior and exterior components. Decreasing cost of rail composite processing and reduced cycle time are further anticipated to drive the market globally in the projected period.
Glass fiber composite is the most consumed rail composite across the world. Most of the rail composite materials offer superior properties than the conventional materials and have flexible nature, making them moldable in any shape. Use of composites in rail makes it lighter and renders greater resistance to heat, external impact and improves fuel efficiency. Also, rail makers are focusing on vehicle weight reduction.
The interior components application is witnessing the high demand. Use of carbon fiber composite in rail applications has a wide scope of expansion, but its high cost is hindering the use of carbon fiber composite in the rail industry.
The major countries consuming rail composite include U.S., Russia, China, Germany, the U.K., India, Canada, and Japan.
Key Topics Covered:
2 Research Methodology
3 Executive Summary
4 Premium Insights
5 Market Overview
6 Industry Trends
7 Rail Composites, Market By Fiber Type
8 Rail Composites, Market By Type of Resin
9 Rail Composites, Market By Application
10 Market Analysis, By Region
11 Competitive Landscape
12 Company Profiles
– Aim Altitude
– Airex Composite Structures
– Cytec Industries
– Dartford Composites Ltd.
– FDC Composites Inc.
– Gurit Holding AG
– Hexcel Corporation
– Premier Composite Technologies
– Royal Tencate NV
– Teijin Limited
– Toray Industries
– TPI Composites
For more information visit http://www.researchandmarkets.com/research/frp6ds/rail_composites
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Sector: Process and Materials, Rail