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Railcar Spill Containment Market - Concentrated at the Top and Fragmented at the Bottom || Key Players: Industrial Maintenance Group Inc., Pactec Inc., GREEN Access & Fall Protection, Safe Harbor Access Systems Llc
The railcar spill containment market will witness promising growth – global sales estimated in excess of 4,100 units in 2018, according to a new study by Fact.MR. The report envisages that the railcar track pans will remain sought-after in the railcar spill containment market, accounting for approximately 60% volume share in 2018. Additionally, difference volume growth between railcar track pans and track berms is expected to be marginal in 2018.
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Track pans have traditionally reigned supreme in the railcar spill containment market, in light of relatively more radical benefits associated with the use of track pans. Robust design for effective handling of hazardous chemicals’ spillage, coupled with greater capacity and impact resistance, are key attributes of track pans that underpin its supremacy in the railcar spill containment market.
Petrochemical industry continue to play a vital role in the international industrial trends – natural gas liquids and crude oil remain key imperatives in the production of resins, plastics, and fibers. According to the IEA, investment in petrochemicals is expected to exceed US$ 20 billion in 2018, recording a rise of 15% over 2017. Attractive returns on petrochemical investments associated with higher availability of LPG and ethane from shale oil have sparked a proliferation in petrochemical production. As railcars are considered to be an essential transportation measure for crude oil, demand for railcar containment systems will remain robust in the foreseeable future.
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This report titled “Railcar Spill Containment Market Forecast, Trend Analysis, and Competition Tracking – Global Market Insights 2018 to 2027,” is an exhaustive compilation of valuable insights and accurate forecast on the railcar spill containment market for the period between 2018 and 2027. A detailed assessment on key aspects that influence the railcar spill containment market growth has been provided in the report.
The primary aim of the report is to provide authentic information on the railcar spill containment market, to enable readers in collecting and devising appropriate strategies. This will further help readers to align well with changing dynamics of the railcar spill containment market. Additionally, the report offers an overview of the railcar spill containment market, which offers better understanding on future prospects of the railcar spill containment market.
A taxonomy table included in the report offers a systematic representation of key segments identified in the railcar spill containment market. The railcar spill containment market has been categorically split into type, material, end-use industry, and region. Imperative numbers associated with the railcar spill containment market segments, such as CAGR, Y-o-Y growth, revenues, volume sales, and market share have been delivered in this report. A regional analysis on these segments of the railcar spill containment market has also been delivered in the report.
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About Fact.MR
Fact.MR is a fast-growing market research firm that offers the most comprehensive suite of syndicated and customized market research reports. We believe transformative intelligence can educate and inspire businesses to make smarter decisions. We know the limitations of the one-size-fits-all approach; that's why we publish multi-industry global, regional, and country-specific research reports.
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