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Global Rail Coatings Market - Segmented by Resin Type, Technology, and Geography - Growth, Trends, and Forecast (2018 - 2023)

Global Rail Coatings Market - Segmented by Resin Type, Technology, and Geography - Growth, Trends, and Forecast (2018 - 2023)

The Rail Coatings market is estimated to experience significant growth during the forecast period. Asia-Pacific is expected to hold the largest share of the market. Water-borne is expected to be the fastest growing technology.

Developing high speed rails in APAC set to propel growth of the Rail Coatings Market

High-speed rails are in developmental phase in countries, such as China, Japan, South Korea, and Taiwan. East Asian high-speed railway network is dominated by China, with projects, such as Beijing-Tianjin high-speed rail and Shitai Passenger Railway heading the developmental phase. Moreover, the high-speed railway network in China is likely to be larger than the combined length and capacity of the rest of the world. Developments are also in full fledge in Japan and South Korea

Water-based Technology - The Fastest Growing by Technology

There are many regulations from several governments which supports water-based coatings. These are usually used in several applications, which includes transportation, building and construction, and industrial applications. Water-borne exhibits high mechanical strength and toughness, along with electrical and thermal properties. The absence of isocyanate, flammable constituents, and costly ventilation systems makes water-based coatings as the first option.

Asia-Pacific is set to dominate the region during the forecast period

The urban railway network in Asia-Pacific has undergone high growth in the recent years. At the end of 2017, China’s urban rail tracking crossed 5,000 km. Chinese cities started 33 new lines totaling around 870 km in the year 2017, a 62.5% increase compared to 2016 with 534 km of new lines completed. China accounts for over 65% of world’s total HSR systems. Indian government announced a budget of USD 23.3 billion for Indian Railways for the year 2018-19, which is the highest in Indian Railway’s history and 13% more than the railway budget of 2017-18. With the upcoming high-speed rail (HSR) projects in Singapore, South Korea, Thailand, etc., the market for high-speed rail coatings in the region is to grow at a fast rate.

Notable Developments in the Rail Coatings Market

July 2017: AkzoNobel offered special golden metallic coatings first for Chinese high-speed train model
September 2016: Axalta’s powder coatings support Shanghai’s new metro line

Major Key Players: Akzo Nobel NV, PPG Industries, and 3M, among others.

Reasons to Purchase Rail Coatings Market Report

To understand the impact of increasing impact of VOC regulations on the market.
Analyzing various perspectives of the market with the help of Porter’s five forces analysis
To understand the dominating technology in the market
Countries expected to witness the fastest growth during the forecast period
Identify the latest developments, market shares, and strategies employed by the major market players
3-month analyst support, along with the Market Estimate sheet (in excel)

Please note: This publisher does offer titles that are created upon receipt of order. If you are purchasing a PDF Email Delivery option above, the report will take approximately 2 business days to prepare and deliver.

1. Introduction
1.1 Scope of the Rail Coatings Market Report
1.2 Rail Coatings Market Research Phases
1.3 Rail Coatings Market Study Deliverables
2. Rail Coatings Market Executive Summary
3. Rail Coatings Market Insights
3.1 Industry Value Chain Analysis
3.2 Industry Attractiveness - Porter’s Five Forces Analysis
3.2.1 Bargaining Power of Suppliers
3.2.2 Bargaining Power of Consumers
3.2.3 Threat of New Entrants
3.2.4 Threat of Substitute Products and Services
3.2.5 Degree of Competition
4. Market Dynamics
4.1 Rail Coatings Market Drivers
4.1.1 Developing High-speed Rail Network in Asia-Pacific
4.1.2 High Energy Efficiency of Rails Compared to Other Modes of Transport
4.2 Rail Coatings Market Restraints
4.2.1 Regulations related to VOCs
4.2.2 Other restraints
4.3 Rail Coatings Market Opportunities
4.3.1 High Energy Efficiency of Rails Compared to Other Modes of Transport
4.3.2 Other opportunities
5. Market Segmentation and Analysis - (Market size, Growth and forecast)
5.1 Rail Coatings Market By Resin
5.1.1 Acrylics
5.1.2 Epoxy
5.1.3 Polyurethanes
5.1.4 Plastisols
5.1.5 Polyester
5.1.6 Fluoropolymers
5.1.7 Others
5.2 Rail Coatings Market By Technology
5.2.1 Water Borne
5.2.2 Solvent Borne
5.2.3 Others
6. Regional Rail Coatings Market Analysis (Market size, growth and forecast)
6.1 North America
6.1.1 United States
6.1.2 Canada
6.1.3 Mexico
6.1.4 Rest of North America
6.2 Europe
6.2.1 Germany
6.2.2 United Kingdom
6.2.3 Italy
6.2.4 France
6.2.5 Spain
6.2.6 Russia
6.2.7 Rest of Europe
6.3 Asia-Pacific
6.3.1 China
6.3.2 India
6.3.3 Japan
6.3.4 South Korea
6.3.5 ASEAN Countries
6.3.6 Rest of Asia-Pacific
6.4 South America
6.4.1 Brazil
6.4.2 Argentina
6.4.3 Chile
6.4.4 Rest of South America
6.5 Middle East & Africa
6.5.1 Saudi Arabia
6.5.2 United Arab Emirates
6.5.3 South Africa
6.5.4 Rest of MEA
7. Future of the Rail Coatings Market
8. Rail Coatings Market Competitive Landscape
8.1 Mergers & Acquisitions, Joint Ventures, Collaborations and Agreements
8.2 Market Share Analysis**
8.3 Strategies Adopted by Leading Players
9. Rail Coatings Market Company Profiles (Overview, Financials**, Products & services, Recent Developments, and Analyst View)
9.1 Axalta Coatng Systems
9.2 AkzoNobel NV
9.3 Alstom
9.4 Arkema
9.6 Beijing Oriental Yuhong Waterproof Technology Co. Ltd.
9.7 Chemetall
9.8 GLS Coatings Ltd
9.9 Henkel
9.10 Hollysys
9.11 Kansai Paints
9.12 Nippon paint
9.14 Solvay
9.15 The Sherwin Williams Company
9.16 3M
10. Disclaimer
**Subject to availability of public domain

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