Composites in the Global Passenger Rail Market, 2012-2023: $978 Million Market Trends, Forecasts & Opportunities

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Sep 11, 2018, 08:15 ET

DUBLIN, Sept. 11, 2018 /PRNewswire/ --

The "Growth Opportunities for Composites in the Global Passenger Rail Market" report has been added to ResearchAndMarkets.com's offering.

The composites in the global passenger rail market is expected to reach an estimated $978 million by 2023 and it is forecast to grow at a CAGR of 5.1% from 2018 to 2023.

The global passenger rail market looks good with opportunities in the interior and exterior applications. The major drivers for the growth of this market are the development of high-speed trains, mono and metro rails, as well as the increasing demand for lightweight materials with superior mechanical performance, aesthetics, and fire safety.

Emerging trends, which have a direct impact on the dynamics of composites in the global passenger rail industry, include the development of green technology products and high-performance composites for interior and exterior applications. Major Composite Component Manufacturers in the Global Passenger Rail Industry

The researchers forecast that the front end cab is expected to remain the largest application and toilet module will witness the highest growth during the forecast period.

In the rail market, RTM/VARTM, open mold, pultrusion, SCRIPM, and injection molding are some of the major processes utilized to manufacture composite parts. RTM/VARTM is expected to remain the largest process in composites part manufacturing for the rail industry, supported by the low cycle time and ease of manufacturing.

Europe is expected to remain the largest market for composites products in the passenger rail industry, whereas APAC is likely to witness the highest growth during the forecast period due to the expected increase in high-speed train production and growing of mono and metro rail network.

Joptek Composites, Sintex Wausaukee Composites, Excel Composites, Miles Fiberglass & Composites, and TPI Composites are among the major molders in the global rail composites market.

Some of the features of Growth Opportunities for Composites in the Global Passenger Rail Market: Trends, Forecast, and Opportunity Analysis include:

Market size estimates: Composites in the global passenger rail market size estimation in terms of value ($M) and volume (M Lbs.) shipment.
Trend and forecast analysis: Market trend (2012-2017) and forecast (2018-2023) by application, and end use industry.
Segmentation analysis: Composites in the global passenger rail market size by various applications such as end use application, resin, fiber, and manufacturing process in terms of value and volume shipment.
Regional analysis: Composites in the global passenger rail market breakdown by North America, Europe, Asia Pacific, and the Rest of the World.
Growth opportunities: Analysis on growth opportunities in different applications and regions for composites in the global passenger rail market.
Strategic analysis: This includes M&A, new product development, and competitive landscape for composites in the global passenger rail market.
Analysis of the competitive intensity of the industry based on Porter's Five Forces model.

Key Topics Covered:

1. Executive Summary

2. Market Background and Classifications
2.1: Introduction, Background, and Classifications
2.2: Supply Chain
2.3: Industry Drivers and Challenges

3. Market Trends and Forecast Analysis from 2011 to 2022
3.1: Macroeconomic Trends and Forecast
3.2: Composites in the Global Passenger Rail Market Trends and Forecast
3.3: Composites in the Global Passenger Rail Market by Application
3.3.1: Interior
3.3.1.1: Ceiling
3.3.1.2: Flooring
3.3.1.3: Wall Panel
3.3.1.4: Toilet Module
3.3.1.5: Seat Structures
3.3.1.6: Other
3.3.2: Exterior
3.3.2.1: Doors
3.3.2.2: Front End Structures/Console
3.3.2.3: Others
3.4: Composites in the Global Passenger Rail Market by Fiber Type
3.4.1: Glass Fiber
3.4.2: Carbon Fiber and Others
3.5: Composites in the Global Passenger Rail Market by Resin Type
3.5.1: Polyester
3.5.2: Vinyl Ester
3.5.3: Phenolic
3.5.4: Epoxy
3.5.5: Others
3.6: Composites in the Global Passenger Rail Market by Manufacturing Process
3.6.1: Open Mold
3.6.2: Pultrusion
3.6.3: RTM/VARTM
3.6.4: SCRIMP
3.6.5: Injection Molding
3.6.6: Others

4. Market Trends and Forecast Analysis by Region
4.1: Composites in the Global Passenger Rail Market by Region
4.2: Composites in the North American Passenger Rail Market
4.3: Composites in the European Passenger Rail Market
4.4: Composites in the APAC Passenger Rail Market
4.5: Composites in the ROW Passenger Rail Market

5. Competitor Analysis
5.1: Product Portfolio Analysis
5.2: Operational Integration
5.3: Geographical Reach
5.4: Porter's Five Forces Analysis

6. Growth Opportunities and Strategic Analysis
6.1: Growth Opportunities Analysis
6.1.1: Growth Opportunities for Composites in the Global Passenger Rail Market by Application
6.1.2: Growth Opportunities for Composites in the Global Passenger Rail Market by Region
6.1.3: Growth Opportunities for Composites in the Global Passenger Rail Market by Fiber
6.1.4: Growth Opportunities for Composites in the Global Passenger Rail Market by Resin
6.1.5: Growth Opportunities for Composites in the Global Passenger Rail Market by Manufacturing Process
6.2: Emerging Trends of Composites in the Global Passenger Rail Market
6.3: Strategic Analysis
6.3.1: New Product Development
6.3.2: Mergers, Acquisitions and Joint Ventures in Composites in the Passenger Rail Industry

7. Company Profiles of Leading Players
7.1: Joptek Oy Composites
7.2: Able Manufacturing & Assembly, LLC
7.3: Aviation Industry Corporation of China (AVIC)
7.4: Sintex Wausaukee Composites
7.5: Exel Composites
7.6: Miles Fiberglass & Composites
7.7: Premier Composite Technologies
7.8: TPI Composites
7.9: Stratiforme Industries
7.10: Rochling Engineering Plastics

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