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Global High Speed Rail Coatings Market

  • Published Date: 21 Jun 2018
  • Number of Pages: 189
  • Category: Chemicals
  • Country: Global
High speed rail is among the safest and fastest modes of travel, which runs at a speed of about 200 km per hour. Coatings applied on the surface of high speed rails are called high speed rail coatings. They are mainly applied to provide interior and exterior protection from weather. These coatings also provide additional properties such as high yield strength for functional as well as aesthetic appeal. High speed rail coatings are used for various applications such as steel component coating, exterior protection, aesthetic finishes, interior aluminium coatings, and underframe coatings. They are manufactured from a diverse range of resins such as acrylics, epoxy, fluoropolymers, plastisols, polyester, and polyurethanes.

Market Dynamics

There is a high worldwide demand for mass transportation due to the surge in investments in the expansion of railway networks across both developing and developed countries. Major factors driving the HSR (high speed rail) market are its ability to cover long distances in very short duration, the diminishing demand for air travel due to security reason, government initiatives to develop strong HSR networks in various countries to make mass transits faster, safer, and efficient. In addition, HSR connects remote locations. An increased investments in HSR have opened up huge opportunities for coating vendors.

Restraints

The biggest restraining factor for the HSR coatings market is the growing environmental concerns pertaining to the volatile organic compounds content in coatings. However, the development of water borne type of coatings have aided the market significantly, as they emit very limited or no volatile organic compounds. Another challenge faced by the HSR coating market for the production of coatings is the volatile prices of raw material.

Market Segmentation

The various market segments can be derived on the basis of application, product and type.

On the Basis of Application:
--> Railway
--> Subway

On the Basis of Product:
--> Acrylics
--> Epoxy
--> Fluoropolymers
--> Plastisols
--> Polyster
--> PolyUrethane(PU)
--> Others

On the basis of Type:
--> 1-K
--> 2-K
--> Water-borne
--> Solvent-borne

Regional/Geographic Analysis

The global HSR coating market has been segmented into North America, Europe, APAC, Latin America, and Middle East & Africa. In terms of consumption, Asia Pacific is expected to lead the market growth (Chinabeing the worlds largest consumer of HSR coating, accounting for two-thirds of the worlds total), followed by Europe. The high consumption is driven by rapid growth in infrastructure development and need for faster transportation at relatively cheaper rates. Developed nations like the U.S as well as the developing countries like China and India are in the process of expanding their HSR networks, due to the increasing demand for mass transportation and public transportation. Hence, the HSR coating market is expected to grow in these countries.

Key Players

The key market players in the market are -
--> AxaltaCoating Systems, Akzo Nobel, Alstom, Arkema
--> BASF SE, Beijing oriental Yuhong Waterproof Technology Co.Ltd
--> Chemetall, DuPont
--> Henkel, Kansai Paints
--> Nippon paint, PPG Industries
--> Solvay, Valspar Corporation

Report Contents:

> High Speed Rail Coating Market segments
> Market Drivers, Restraints and Opportunities
> Market Size & Forecast 2016 to 2022
> Supply & Demand Value Chain
> Market - Current Trends
> Competition & Major Companies
> Technology and R&D Status
> Porters Five Force Analysis
> Strategic and Critical Success Factor Analysis of Key Players

Regional Analysis:

> North America

>> US and Canada


> Latin America

>> Mexico, Brazil, Argentina and Rest of Latin America


> Western Europe

>> EU5 (Germany, France, Italy, Spain, U.K.)
>> Nordic Countries (Denmark, Finland, Norway, and Sweden)
>> Benelux (Belgium, The Netherlands, and Luxembourg)
>> Rest of Western Europe


> Eastern Europe

>> Russia
>> Poland
>> Rest of Eastern Europe


> Asia Pacific

>> China
>> India
>> Japan
>> Australia and New Zealand
>> Rest of Asia Pacific


> Middle East and Africa

>> GCC countries (Saudi Arabia, Oman, Qatar, Bahrain, UAE and Kuwait)
>> South Africa
>> North Africa
>> Rest of Middle East and Africa



This report is an elaborate aggregation of primary inputs from industry experts and participants across the supply chain. It provides details on market segmentation which is derived from several product mapping exercises, macroeconomic parameters and other qualitative and quantitative insights. The impact of all such factors is delivered across multiple market segments and geographies.

Report Highlights:

> Detailed Historical Overview (Market Origins, Product Launch Timeline, etc.)
> Consumer and Pricing Analysis
> Market dynamics of the industry
> Market Segmentation
> Estimated Market Sizing in terms of volume and value
> Recent trends in High Speed Rail Coatings Market and impact
> Research Status and Technology Overview
> Extensive Industry Structure Coverage

Publisher Name : Market Litmus

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