Global Railway Tie Supply Market Overview:
The railway Tie Supply market is growing rapidly as the rising demand for transportation leads to higher production of trains. As Asia Pacific rail provides an excellent opportunity for railway industry leaders and leads suppliers of systems. China and Japan are the major players throughout the region. As Asia’s population is increased estimated by 1.4 billion according to UN World Urbanization Prospects. In this condition the growth of transportation infrastructure is high. In the Tie segment, Wood maintains a 93%+ share of the market for ties installed in North America. Other materials used for ties include concrete (about 6.5% market share) and steel or plastic/composite ties (0.5% share or less). Some of the key players profiled in the study are Koppers (United States), L.B. Foster Company (United States), Stella-Jones (Canada), TieTek (United States) and Vossloh (Germany).
On the basis of geography, the market of Railway Tie Supply has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). If we see Market by Material Type, the sub-segment i.e. Concrete will boost the Railway Tie Supply market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
- Growing Global Rail Logistics Market
- High Advances in Railway Tie Manufacturing Process
- Increasing Consolidation in Rail Tie Supply Market
- High Growth in Concrete Material Type Segment
- This Market Has Strong Opportunity in Developing Countries, Due To Increasing Demand of Public Transportation
- Rising Reorder Cycle Due To High Durability of Railway Ties
Major Market Developments:
In Apr 2018, Koppers Holdings Inc. Announced The Acquisition Of Cox Industries For USD 200 Million. For Being a Vertically Integrated, High-Value Global Supplier of Wood-Based Technologies to Infrastructure Markets.
Players Are Adopting Strategies Such As Mergers And Acquisitions, Which Is Expected To Impact The Railway Tie Supply Market Significantly. The Vendors Focusing Towards Enhancing Their Geographical Foot-Prints Which Helps Them Deliver Railway Ties And Can Switch To Just-In-Time, Due To The Expansion Of Their Businesses To Different Geographies.
Target Audience:Manufacturer / Potential Investors, Traders, Distributors, Wholesalers, Retailers, Importers and Exporters. and Association and Government Bodies
Major Objectives Focused through this Study To define, describe, and forecast the Global Railway Tie Supply market on the basis of product  , application , key regions and end user
To provide in-depth information regarding major influencing factors affecting the growth of the market (trends, drivers, restraints, opportunities, and industry-centric and regional challenges)
To strategically analyse the micro-markets and important business segments with respect to individual growth drivers , market trends and potential, and historical contributions to the total market
Identifying the opportunities in the market for key stakeholders and detailing the competitive landscape for market leaders
To provide market size for various segments of the Railway Tie Supply market with respect to major geographies, namely, South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico)
To strategically profile the key players and analyzing their market shares and core competencies in the Railway Tie Supply industry
To track key developments such as product launches, expansions, agreements, partnerships, mergers & acquisitions, and R&D activities that are key factors in shaping the market
Available Customization: Data related to EXIM [Export- Import], production & consumption by country or regional level break-up can be provided based on client request**. Additionally, the Manufacturers which are also part of the research are .
** Confirmation on availability of data would be informed prior purchase
While framing the research framework, major and emerging players operating in the Railway Tie Supply market in various regions have been profiled, and their offerings, geographic footprints, and distribution/sales channels have been analysed through in-depth discussions. Top-down and bottom-up approaches have been used to determine the overall market size. Sizes of the other individual markets have been estimated using the percentage splits obtained through secondary sources such as Hoovers, Bloomberg BusinessWeek, and Dow Jones (Factiva), along with primary respondents. The complete methodology includes the study of the annual and financial reports of the key market players and extensive interviews with industry experts such as CEOs, VPs, directors, and marketing executives for key insights (both qualitative and quantitative) related to the market.