Railroad Tie Market Forecast Report, 2021 - 2031

Page 1

Advances in Technologies Widen Market Opportunities for Railroad Tie Use March 03, 2022

Transparency Market Research delivers key insights on the North America railroad tie

market. In terms of revenue, the North America railroad tie market is estimated to expand at a CAGR of 4% during the forecast period, owing to numerous factors, regarding which TMR offers thorough insights and forecasts in its report on the North America railroad tie market.

The North America railroad tie market is broadly affected by several factors, such as natural decay, insect attack, and physical impact & abrasion; investment in railroad tie systems due to replacement of old railroad ties with new ones; and natural calamities ranging from heavy rainfall to floods, which is propelling the market in North America. Key end users are selecting railroad tie on the basis of their specific needs and application areas.

Get PDF brochure for Industrial Insights and business Intelligence @ https://www.transparencymarketresearch.com/sample/sample.php? flag=B&rep_id=83977

North America Railroad Tie Market: Dynamics

In terms of tie type, the railroad tie market has been classified into wood tie, concrete tie, composite tie, and steel tie. The demand for wood tie is higher than other railroad ties. In terms of train type, the market has been divided into passenger trains (long distance, short distance, and others) and freight train. Freight trains use more developed railroad ties and hold the highest share. In terms of application, the market has been segregated into tangent, bridges, tunnels, and turnout. Railroad tie is mostly used in tangent.

North America Railroad Tie Market: Prominent Countries

The U.S. has a dominant position in the railroad tie market due to its dense railway network, along with periodic maintenance of ties. Majority of ties installed annually are replacements of existing ones. In addition, the development of various railway projects is expected to help the U.S. dominate the North America railroad tie market during the forecast period.


Growing fuel cost and environmental concerns will lead to shift of consumers from private transport to public transport. Railways are highly fuel-efficient and hence, the need to cater to the growing number of consumers, and strengthen rail services to balance the transportation network is expected to create demand for railroad ties in Canada and Rest of North America.

North America Railroad Tie Market: Key Players

Key players operating in the North America railroad tie market include Stella-Jones, Koppers Holdings, Inc., L.B. Foster Co, Narstco Inc., Axion Structural Innovations LLC, TieTek LLC, Gross & Janes Corporation, Atlantic Track & Turnout, Vossloh AG, Integrico Composites Inc., Evertrak LLC, and Missouri Tie, LLC.

North America Railroad Tie Market: Segmentation

North America Railroad Tie Market, by Tie Type

Wood Tie

Concrete Tie

Composite Tie

Steel Tie

North America Railroad Tie Market, by Train Type

Passenger TrainsLong Distance

Short Distance

Others

Freight Trains

North America Railroad Tie Market, by Application

Tangent

Bridges

Tunnels

Turnouts


North America Railroad Tie Market, by Region

North AmericaU.S.

Canada

Rest of North America

Purchase our Premium Research Report at: https://www.transparencymarketresearch.com/checkout.php? rep_id=83977&ltype=S

About Us

Transparency Market Research is a global market intelligence company, providing global business information reports and services. Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insight for thousands of decision makers. Our experienced team of Analysts, Researchers, and Consultants, use proprietary data sources and various tools and techniques to gather, and analyse information.

Our data repository is continuously updated and revised by a team of research experts, so that it always reflects the latest trends and information. With a broad research and analysis capability, Transparency Market Research employs rigorous primary and secondary research techniques in developing distinctive data sets and research material for business reports.

Contact

90 State Street, Suite 700

Albany, NY 12207

Tel: +1-518-618-1030

USA - Canada Toll Free: 866-552-3453

Email: sales@transparencymarketresearch.com

Website: https://www.transparencymarketresearch.com


Turn static files into dynamic content formats.

Create a flipbook
Issuu converts static files into: digital portfolios, online yearbooks, online catalogs, digital photo albums and more. Sign up and create your flipbook.