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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

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Date: 18-Feb-2015
No. of pages: 127
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Composites have found wide acceptance in various industries including rail because of their light weight and environmental resistance characteristics.On the basis of application areas, the market of rail composite can be broadly segmented into interior, exterior, and others. The demand for composites in rail interior components is growing because of its impressive strength-to-weight ratio and appearance properties.

The Europe and Asia-Pacific regions are the biggest market of rail composite, accounting for more than 60% of the total rail composite demand in 2014. There is a lot of scope in the Asia-Pacific market due to high demand and increasing rail manufacturing base in the region. With the emerging technological developments and innovations, the global demand for rail composite may further augment at a higher pace.

Currently, the penetration of rail composite is increasing in high speed trains and this trend can be seen being extended to mid-speed trains as well.The design flexibility offered by composites is pushing the market of rail composite in different rail applications. Technological developments & innovations and expansions are identified as key strategies to expand the rail composite market.

This study on rail composite market estimates its global demand and market value for 2015 and projects the expected demand and market value of the same by 2020. As a part of the quantitative analysis, the study segments the global market by types and applications at country level with current market estimation and forecast till 2020. The major countries covered in the report are the U.S., Canada, U.K., Germany, China, Russia, Japan, India, etc. The segmentation by fiber type includes glass fiber composite, carbon fiber composite, and other composites; while on the basis of type of resin used, the segmentation includes Epoxy, Polyester, Polyurethane, Vinyl Ester, etc. The segmentation by application, includes exterior, interior, and other components.

As a part of qualitative analysis, the research provides report with a comprehensive review of key market drivers, restraints, opportunities, and burning issues in the market.

It also includes company profiling and competitive strategies adopted by various material suppliers including Toray Industries (Japan), Cytec Industries Inc. (U.S.), Royal TenCatenv(Netherlands), Gurit Holding AG (Switzerland), Hexcel Corporation (U.S.), and Teijin Limited (Japan).The 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 included.

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

Table of Contents

1 Introduction
1.1 Objectives of the Study
1.2 Market Definition
1.3 Market Scope
1.3.1 Markets Covered
1.3.2 Years Considered in the Report
1.4 Currency & Pricing
1.5 Package Size
1.6 Stakeholders

2 Research Methodology
2.1 Research Methodology
2.2 Market Size Estimation
2.2.1 Market Size
2.2.2 List of Secondary Sources
2.3 Market Breakdown & Data Triangulation
2.4 Market Share Estimation
2.4.1 Key Data From Secondary Sources
2.4.2 Key Data From Primary Sources
2.4.3 Key Industry Insights
2.5 Assumptions
2.6 Limitations

3 Executive Summary

4 Premium Insights
4.1 Rail Composites Market Size By 2020, By Value
4.2 Rail Composites Market in Asia-Pacific
4.3 Rail Composites Market Attractiveness
4.4 Rail Composites Market, Developed vs  Developing Nations
4.5 Rail Composites Market Life Cycle Analysis, By Region

5 Market Overview
5.1 Market Segmentation
5.1.1 By Fiber Type
5.1.2 By Resin Type
5.1.3 By Application
5.2 Market Dynamics
5.2.1 Drivers
5.2.1.1 Reduced Weight & Parts Consolidation
5.2.1.2 Increasing Demand for High-Speed Rail (HSR)
5.2.1.3 Aesthetics Property & Safety
5.2.2 Restraints
5.2.2.1 High Processing & Manufacturing Costs
5.2.2.2 Concerns About Recyclability
5.2.3 Opportunities
5.2.3.1 Increasing Demand From Emerging Countries
5.2.3.2 Opportunity in Rail Ties/Sleeper & Composite Bridges
5.2.4 Challenges
5.2.4.1 To Produce Low Cost Composites
5.2.4.2 High R&D Cost
5.2.4.3 To Reduce Process Cycle Time
5.3 Burning Issue
5.3.1 High Capital Costs
5.3.2 Need for Low-Cost Technologies

6 Industry Trends
6.1 Introduction
6.2 Value Chain Analysis
6.3 Raw Material Analysis
6.3.1 Raw Material Analysis of Glass Fiber Composites
6.3.2 Raw Material Analysis of Carbon Fiber Composites
6.4 Porter’s Five Forces Analysis
6.4.1 Bargaining Power of Suppliers
6.4.2 Bargaining Power of Buyers
6.4.3 Threat of Substitutes
6.4.4 Threat of New Entrants
6.4.5 Intensity of Rivalry

7 Composites Market, By Fiber Type
7.1 Introduction
7.2 Glass Fiber Composites
7.3 Carbon Fiber Composites

8 Composites Market, By Resin Type
8.1 Introduction

9 Rail Composites Market, By Application
9.1 Introduction
9.2 Exterior
9.3 Interior

10 Regional Analysis
10.1 Introduction
10.2 North America
10.2.1 By Type of Fiber Reinforcement
10.2.2 By Application
10.2.3 By Country
10.2.3.1 U.S.
10.2.3.2 Other North American Countries
10.3 Europe
10.3.1 By Type of Fiber Reinforcement
10.3.2 By Application
10.3.3 By Country
10.3.3.1 Germany
10.3.3.2 France
10.3.3.3 U.K.
10.3.3.4 Other European Countries
10.4 Asia-Pacific
10.4.1 By Type of Fiber Reinforcement
10.4.2 By Application
10.4.3 By Country
10.4.3.1 China
10.4.3.2 Japan
10.4.3.3 India
10.4.3.4 Rest of Asia-Pacific Countries
10.5 Rest of the World
10.5.1 By Type of Fiber Reinforcement
10.5.2 By Application

11 Competitive Landscape
11.1 Overview
11.2 New Product Launch is the Most Popular Growth Strategies
11.3 Yearly Market Developments Matrix: 2013 Witnessed the Maximum Development
11.4 Airex Composites is the Most Active Participant
11.5 Competitive Situation & Trends
11.5.1 New Product Launches
11.5.2 Agreements and Supply Contracts
11.5.3 Mergers & Acquisitions
11.5.4 Expansions

12 Company Profiles
(Overview, Products & Services, Strategies & Insights, Developments and Mnm View)*
12.1 Introduction
12.2 Cytec Industries Inc
12.3 Gurit Holding AG
12.4 Teijin Limited
12.5 Hexcel Corporation
12.6 Airex Composite Structures
12.7 Premier Composite Technologies
12.8 AIM Altitude
12.9 Dartforfd Composites
12.10 TPI Composites
12.11 Joptek OY Composites

*Details on Overview, Products & Services, Strategies & Insights, Developments and MnM View Might Not be Captured in Case of Unlisted Companies.

13 Appendix
13.1 Insights of Industry Experts
13.2 Discussion Guide
13.3 Introducing RT: Real Time Market Intelligence
13.4 Available Customizations
13.5 Related Reports

List of Tables

Table 1 Rail Composites Market Size, (KT) & ($Million), 2013–2020
Table 2 HSR Mileage By Country in Operation & Under Construction
Table 3 Rail Composites Market Size, By Fiber Type, 2013–2020 ($Million)
Table 4 Rail Composites Market Size, By Fiber Type, 2013–2020 (KT)
Table 5 Glass Fiber Composites Market in Rail, By Region, 2013–2020 ($Million)
Table 6 Glass Fiber Composites Market in Rail, By Region, 2013–2020 (KT)
Table 7 Carbon Fiber Composites Market in Rail, By Region, 2013–2020 ($Million)
Table 8 Carbon Fiber Composites Market in Rail, By Region, 2013–2020 (KT)
Table 9 Rail Composites Market Size, By Resin Type, 2013–2020 ($Million)
Table 10 Rail Composites Market Size, By Resin Type, 2013–2020 (KT)
Table 11 Rail Composites Market Size, By Application, 2013–2020 ($Million)
Table 12 Rail Composites Market Size, By Application, 2013–2020 (KT)
Table 13 Rail Exterior Composites Market Size, By Region, 2013–2020 ($Million)
Table 14 Rail Exterior Composites Market Size, By Region, 2013–2020 (KT)
Table 15 Rail Interior Composites Market Size, By Region, 2013–2020 ($Million)
Table 16 Rail Interior Composites Market Size, By Region, 2013–2020 (KT)
Table 17 Rail Composites Market Size, By Region, 2013-2020 ($Million)
Table 18 Rail Composites Market Size, By Region, 2013-2020 (KT)
Table 19 North America: Rail Composites Market Size, By Type of Fiber Reinforcement, 2013-2020 ($Million)
Table 20 North America: Rail Composites Market Size, By Type of Fiber Reinforcement, 2013-2020 (KT)
Table 21 North America: Rail Composites Market Size, By Application, 2013-2020 ($Million)
Table 22 North America: Rail Composites Market Size, By Application, 2013-2020 (KT)
Table 23 North America: Rail Composites Market Size, By Country, 2013–2020 ($Million)
Table 24 North America: Rail Composites Market Size, By Country, 2013–2020 (KT)
Table 25 U.S.: Rail Composites Market Size, By Reinforcement Type, 2013–2020 ($Million)
Table 26 U.S.: Rail Composites Market Size, By Reinforcement Type, 2013–2020 (KT)
Table 27 Other North American Countries: Rail Composites Market Size, By Type of Fiber Reinforcement, 2013–2020 ($Million)
Table 28 Other North American Countries: Rail Composites Market Size, By Type of Fiber Reinforcement, 2013–2020 (KT)
Table 29 HSR Mileage of Major European Country in Operation & Under Construction
Table 30 Europe: Rail Composites Market Size, By Type of Fiber Reinforcement, 2013-2020 ($Million)
Table 31 Europe: Rail Composites Market Size, By Type of Fiber Reinforcement, 2013-2020 (KT)
Table 32 Europe: Rail Composites Market Size, By Application, 2013-2020 ($Million)
Table 33 Europe: Rail Composites Market Size, By Application, 2013-2020 (KT)
Table 34 Europe: Rail Composites Market Size, By Country, 2013–2020 ($Million)
Table 35 Europe: Rail Composites Market Size, By Country, 2013–2020 (KT)
Table 36 Germany: Rail Composites Market Size, By Type of Fiber Reinforcement, 2013–2020 ($Million)
Table 37 Germany: Rail Composites Market Size, By Type of Fiber Reinforcement, 2 013–2020 (KT)
Table 38 France: Rail Composites Market Size, By Type of Fiber Reinforcement, 2013–2020 ($Million)
Table 39 France: Rail Composites Market Size, By Type of Fiber Reinforcement, 2013–2020 (KT)
Table 40 U.K.: Rail Composites Market Size, By Type of Fiber Reinforcement, 2013–2020 ($Million)
Table 41 U.K.: Rail Composites Market Size, By Type of Fiber Reinforcement, 2013–2020 (KT)
Table 42 Other European Countries: Rail Composites Market Size, By Type of Fiber Reinforcement, 2013–2020 ($Million)
Table 43 Other European Countries: Rail Composites Market Size, By Type of Fiber Reinforcement, 2013–2020 (KT)
Table 44 Asia-Pacific: Rail Composites Market Size, By Type of Fiber Reinforcement, 2013-2020 ($Million)
Table 45 Asia-Pacific: Rail Composites Market Size, By Type of Fiber Reinforcement, 2013-2020 (KT)
Table 46 Asia-Pacific: Rail Composites Market Size, By Application, 2013-2020 ($Million)
Table 47 Asia-Pacific: Rail Composites Market Size, By Application, 2013-2020 (KT)
Table 48 Asia-Pacific: Rail Composites Market Size, By Country, 2013–2020 ($Million)
Table 49 Asia-Pacific: Rail Composites Market Size, By Country, 2013–2020 (KT)
Table 50 China: Rail Composites Market Size, By Type of Fiber Reinforcement, 2013–2020 ($Million)
Table 51 China: Rail Composites Market Size, By Type of Fiber Reinforcement, 2013–2020 (KT)
Table 52 Japan: Rail Composites Market Size, By Type of Fiber Reinforcement, 2013–2020 ($Million)
Table 53 Japan: Rail Composites Market Size, By Type of Fiber Reinforcement, 2013–2020 (KT)
Table 54 India: Rail Composites Market Size, By Type of Fiber Reinforcement, 2013–2020 ($Million)
Table 55 India: Rail Composites Market Size, By Type of Fiber Reinforcement, 2013–2020 (KT)
Table 56 Rest of Asia-Pacific Countries: Rail Composites Market Size, By Type of Fiber  Reinforcement, 2013–2020 ($Million)
Table 57 Rest of Asia-Pacific Countries: Rail Composites Market Size, By Type of Fiber  Reinforcement, 2013–2020 (KT)
Table 58 RoW: Rail Composites Market Size, By Type of Fiber Reinforcement, 2013-2020  ($Million)
Table 59 RoW: Rail Composites Market Size, By Type of Fiber Reinforcement, 2013-2020 (KT)
Table 60 RoW: Rail Composites Market Size, By Application, 2013-2020 ($Million)
Table 61 RoW: Rail Composites Market Size, By Application, 2013-2020 (KT)
Table 62 New Product Launches
Table 63 Agreement and Supply Contracts
Table 64 Mergers & Acquisitions
Table 65 Expansions

List of Figures

Figure 1 Rail Composites Market Segmentation
Figure 2 Rail Composites Market: Research Design
Figure 3 Market Size Estimation Methodology: Bottom-Up Approach
Figure 4 Market Size Estimation Methodology: Top-Down Approach
Figure 5 Breakdown of Primary Interviews: By Company Type, Designation & Region
Figure 6 Interior Components to Drive the Rail Composites Market
Figure 7 Rail Composites Market is Dominated By Glass Fiber Composite
Figure 8 Rail Composites Market Share, By Region, 2014 (Volume & Value) & Cagr%(2015-2020)
Figure 9 Attractive Opportunities in Rail Composites Market, 2015-2020
Figure 10 Glass Fiber Composites Account for the Largest Share in the Emerging Asia-Pacific Market
Figure 11 India is Expected to Witness Highest Growth Between 2015 - 2020
Figure 12 China is Estimated to Drive the Rail Composite Market Between 2015 & 2020
Figure 13 European Rail Composites is Heading Towards the Maturity Stage
Figure 14 Rail Composites Market, By Fiber Type
Figure 15 Rail Composites Market, By Resin Type
Figure 16 Rail Composites Market, By Application
Figure 17 Increasing Demand for HSR is Expected to Drive the Rail Composites Market  (2015-2020)
Figure 18 Overview of Rail Composite Value Chain
Figure 19 Glass Fiber Manufacturing Process
Figure 20 Carbon Fiber Manufacturing Steps
Figure 21 Porter’s Five Forces: Intensity of Rivalry is High Due to Presence of Few Players
Figure 22 Carbon Fiber Composites to Outpace Other Markets, 2015 vs  2020
Figure 23 Asia-Pacific Expected to Drive the Glass Fiber Composites Market in Rail  Application From, 2015 to 2020
Figure 24 Glass Fiber Composites Market Share (Volume) in Rail, By Region, 2013–2020 (%)
Figure 25 Carbon Fiber Composites Market Dominated By Asia-Pacific Region
Figure 26 Carbon Fiber Composites Market Share (Volume) in Rail, By Region, 2013–2020 (%)
Figure 27 Phenolic Composites to Dominate the Rail Composite Market Between 2015 & 2020
Figure 28 Interior Components Application Dominated the Rail Composites Market in 2014
Figure 29 Interior Components Application Expected to Dominate the Rail Composites Market From 2015 to 2020
Figure 30 Rail Exterior Composites Market Share (Value), By Region, 2014 vs  2020
Figure 31 Asia Pacific Dominated the Exterior Composite Rail Application in 2014
Figure 32 Asia-Pacific is the Leading Rail Interior Composites Market
Figure 33 Rail Interior Composites Market Share (Volume), By Region, 2014–2020
Figure 34 Asia-Pacific is Expected to Drive the Rail Composites Market From 2015-2020
Figure 35 Rail Composites Market Share (Value), By Region, 2013-2020
Figure 36 U.S. is the Major Market for Rail Composites in North America (2014)
Figure 37 U.K. is Expected to be the Fastest-Growing European Market for Rail Composites (2015-2020)
Figure 38 China is Expected to Drive the Rail Composites Market in Asia-Pacific
Figure 39 Companies Adopted New Product Launches, as Key Growth Strategy in the Last Five Years 2010-2015
Figure 40 Major Growth Strategies in Rail Composites Market, 2010–2015
Figure 41 Developments in the Global Rail Composites Market, 2010–2015
Figure 42 Rail Composites Market Growth Strategies, By Company, 2010-2015
Figure 43 Regional Revenue Mix of Key Composite Material Suppliers
Figure 44 Cytec Industries Inc: Company Snapshot
Figure 45 Cytec Industries, Inc.: SWOT Analysis
Figure 46 Gurit Holding AG: Company Snapshot
Figure 47 Teijin Limited: Company Snapshot
Figure 48 Teijin Limited: SWOT Analysis
Figure 49 Hexcel Corporation: Company Snapshot
Figure 50 Hexcel Corporation: SWOT Analysis
Figure 51 TPI Composites: SWOT Analysis

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