Global Railroad Tie Market Growth 2023-2029

Global Railroad Tie Market Growth 2023-2029

A railroad tie or crosstie (American English) or railway sleeper (British English) is a rectangular support for the rails in railroad tracks.
LPI (LP Information)' newest research report, the “Railroad Tie Industry Forecast” looks at past sales and reviews total world Railroad Tie sales in 2022, providing a comprehensive analysis by region and market sector of projected Railroad Tie sales for 2023 through 2029. With Railroad Tie sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Railroad Tie industry.
This Insight Report provides a comprehensive analysis of the global Railroad Tie landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Railroad Tie portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Railroad Tie market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Railroad Tie and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Railroad Tie.
The global Railroad Tie market size is projected to grow from US$ 2810.7 million in 2022 to US$ 3658.6 million in 2029; it is expected to grow at a CAGR of 3658.6 from 2023 to 2029.
China and the United States have a larger sales market share which together account for 62%. Europe hold a market share of 16%.
This report presents a comprehensive overview, market shares, and growth opportunities of Railroad Tie market by product type, application, key manufacturers and key regions and countries.
Market Segmentation:
Segmentation by type
Wooden Tie
Concrete Tie
Other
Segmentation by application
Train
Subway
Other
This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
Stella-Jones
Koppers
Vossloh
China Railway Material Sleeper of Pingdingshan
Abetong
L.B. Foster
Kirchdorfer Group
Shandong High Speed Rail Equipment Material
Weihai Ruihe Railway Sleeper
Hengchang Railroad Sleeper
Aveng Infraset
Patil Group
The Indian Hume Pipe
Kunming Railway Sleeper
Schwihag
Key Questions Addressed in this Report
What is the 10-year outlook for the global Railroad Tie market?
What factors are driving Railroad Tie market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Railroad Tie market opportunities vary by end market size?
How does Railroad Tie break out type, application?
What are the influences of COVID-19 and Russia-Ukraine war?

Please note: The report will take approximately 2 business days to prepare and deliver.