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THE global railcar leasing market is poised for remarkable growth, with a projected CAGR of 5.4% from 2021 to 2031, according to the latest report by TMR. By 2031, the market is expected to reach a valuation of $26.5 billion, compared to $16.4 billion in 2022. As of 2023, the railcar leasing market is forecasted to reach $17.3 billion.

Throughout the forecast period, the tank car segment is anticipated to maintain its popularity, while the petrochemical and gases segment is expected to command a significant market share. Long-term leases will continue to be the favored lease duration in the railcar leasing market. North America is projected to be a lucrative market for railcar leasing, driven by the rapid improvement of