Press release
Elastic Rail Fastener Industry is projected to reach 1410 Million US$ by 2025
In terms of production side, this report researches the Elastic Rail Fastener capacity, production, value, ex-factory price, growth rate, market share for major manufacturers, regions (or countries) and product type.
In terms of consumption side, this report focuses on the consumption of Elastic Rail Fastener by regions and application. The key regions like North America, Europe, Asia-Pacific, Central & South America, Middle East and Africa etc.
Elastic Rail Fastener are an important component of rail track and it is always used to connect track rails with railway ties or railway sleepers. In general, the rail fastener fixes the correct position of track rails in order to avoid the horizontal and vertical displacement as well as the rollover. What’s more, it can also provide well elasticity and insulating property and do well in gauge adjusting.
The large demand from downstream high-speed train industry, subway industry and other industries drives Elastic Rail Fastener industry developing fast.
Global market shows a high concentration in the production of Elastic Rail Fastener by countries, especially in the high-performance field. The core technology of high-performance is hold in several developed countries like Germany, UK and so on. The emerging countries play an important role in the manufacturing of the low-end product series.
In the future, with the capacity expansion, the manufacturing companies will face the high risk of price and profit decline.
The Elastic Rail Fastener market was valued at 1240 Million US$ in 2017 and is projected to reach 1410 Million US$ by 2025, at a CAGR of 1.7% during the forecast period. In this study, 2017 has been considered as the base year and 2018 to 2025 as the forecast period to estimate the market size for Elastic Rail Fastener.
This report includes the following manufacturers; we can also add the other companies as you want.
Pandrol
Vossloh Fastening Systems
L.B. Foster
Progress Rail Services Corporation
Lewis Bolt & Nut Co
AGICO
CRCHI
Gem-Year Corporation
Alex Railway Fastening
Market Segment by Product Type
Concrete Pillow Fastener
Buckle Plate Fastener
Spring Fastener
Market Segment by Application
Conventional Rail
High Speed
Heavy-haul
Urban Transport
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Market size split by Region
•North America
•Asia-Pacific
•Europe
•Central & South America
•Middle East & Africa
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