123ArticleOnline Logo
Welcome to 123ArticleOnline.com!

ALL >> Business >> View Article

Lucintel Forecasts Good Growth Opportunities For Composites Industry Stakeholders

By Author: Roy Almaguer
Total Articles: 84

The total global rail market is expected to witness good growth and reach an estimated $278 billion in 2018. Composite materials consumption in the global rail industry experienced high double-digit growth from 2007 to 2012. Greater growth in composites material consumption compared to the growth in the number of global railcars sold demonstrates the increase in the average composite materials content per vehicle over those five years. Recent research indicates that the rail composites market will be in a higher growth phase in 2013-2014 Composites consumption in the global rail market in terms of end market is expected to reach $428.4 million in 2018.
Lucintel, a leading global management consulting and market research firm, has conducted an analysis of the industry and presents its findings in “Opportunities for Composites in the Global Rail Market 2013-2018.”In the global rail market, Asia Pacific (APAC) is anticipated to witness the highest growth, followed by the Rest of the World, Europe, and North America.
Composites use in the global rail is primarily driven by weight reduction, which increases the speed of the train and FST performance, which increases the safety. Some challenges exist, however, such as the high cost of composites compared to metals, lack of proper joining techniques, absence of standardization (in terms of material grade), and poor reparability and recyclability. These challenges all threaten to limit the penetration of composites in high-speed rail applications.
The market is highly dominated by the polyester resin due to cost competitiveness. Most of the composite materials used are based on glass/polyester laminates followed by the glass/phenolic laminates. Use of the latter is confined to high fire risk applications, such as trains that frequently go through tunnels.
The report, which provides trend scenarios and forecast statistics for 2013-2018; details industry drivers and challenges; global rail market analysis by types of rail cars and regions; describes industry leaders; highlights composite materials and their applications in rail industry; presents an overview of composites applications in rail market; discuses composites rail tie manufacturers; and more.

For a detailed table of contents and pricing information on this timely, insightful report, contact Lucintel at +1-972-636-5056 or via email at helpdesk@lucintel.com. Lucintel provides cutting-edge decision support services that facilitate critical decisions with greater speed, insight, and cost efficiency. Lucintel also provides research reports on M&A, Due Diligence and Growth Consulting. To learn more, visit www.lucintel.com. Like us on https://www.facebook.com/lucintel

Total Views: 64Word Count: 393See All articles From Author

Business Articles

1. Best Lawn Mowing Maitland - Fox Mowing Nsw
Author: Gerry Caxton

2. Older Video Tapes Can Be Easily Played In New Players
Author: alphadvdcreations

3. Hiring A Professional For Creating Digital Videos
Author: alphadvdcreations

4. Best App To Buy Stocks
Author: Ahrvo Web

5. Btech Admissions, Eligibility, Fee & Placements
Author: celinabrainbuxa

6. Accommodation And Tourist Activities
Author: thingstodointauranga

7. Great Things About Solar Equipment Leasing
Author: Ross Barkely

8. חיתוך בירושלים

9. How To Reach Your Target Audience
Author: For more details on our products and services, ple

10. The India Top Education Blogs
Author: Education Portal

11. Kellyville General Practitioner
Author: Dinh Nguyen

12. How To Choose & Install Hardwood Floors
Author: Barry’s My Carpet Inc. is a family owned and opera

13. Hajj Packages With Shifting And Non Shifting Hotels
Author: Hafiz Ibrahim

14. Three Effective Business Communication Skills You Must Master
Author: christopher kaspar

15. Aumazing Community - Strength In Numbers Part - I
Author: visit us at fitness center boston, back bay best r

Login To Account
Login Email:
Forgot Password?
New User?
Sign Up Newsletter
Email Address: