Press release
Railway Composites Market Recent trends and developments, key business strategies and forecast year 2019-2025
Using composite makes the railways lighter and renders greater resistance to heat, external impact and reduce power consumption by improving overall performance.
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The major drivers for the growth of the railway composites market are increased demand for lightweight materials and development of high speed trains.
In 2017, the global Railway Composites market size was xx million US$ and it is expected to reach xx million US$ by the end of 2025, with a CAGR of xx% during 2018-2025.
The key players covered in this study
Hexcel
Kansas Structural Composites
Euro-Composites
Premier Composite Technologies
Joptek Composites
Gurit
TRB Lightweight Structures
...
Market segment by Type, the product can be split into
Fibre Reinforced Plastics
Jute-Coir Composites
Thermoset Composites
Other Composites
Market segment by Application, split into
Exterior
Interior
Others
Market segment by Regions/Countries, this report covers
United States
Europe
China
Japan
Southeast Asia
India
Central & South America
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