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Railroad Tie Plate-Global Market Insights and Sales Trends 2024
Synopsis
The global Railroad Tie Plate market size is expected to reach US$ million by 2029, growing at a CAGR of % from 2023 to 2029. The market is mainly driven by the significant applications of Railroad Tie Plate in various end use industries. The expanding demands from the OEM and Aftermarket, are propelling Railroad Tie Plate market. Rolling Railroad Tie Plate, one of the segments analysed in this report, is projected to record % CAGR and reach US$ million by the end of the analysis period. Growth in the Forging Railroad Tie Plate segment is estimated at % CAGR for the next seven-year period.
According to the data of China Association of Metros, by the end of 2022, 55 cities in mainland China have opened urban rail transit and 308 operating lines. The total length of operating lines is 10287.45 km, ranking first in the world and accounting for 26.2% of the total global mileage. 1080.63 km of new operating lines were added in 2022. By the end of 2022, 545 cities in 78 countries and regions will have opened urban rail transit, with more than 41,386.12 km of operational mileage. Compared to 2021, the total mileage of urban rail transit worldwide would increase by 4,531.92 km, an increase of 11.0%, of which 1,293.45 km of subway mileage, 788.11 km of light rail mileage and 2,450.36 km of tram mileage would increase, accounting for 28.5%, 17.4% and 54.1% of the total increase respectively.
Report Objectives
This report provides market insight on the different segments, by manufacturers, by Type, by Application. Market size and forecast (2018-2029) has been provided in the report. The primary objectives of this report are to provide 1) global market size and forecasts, growth rates, market dynamics, industry structure and developments, market situation, trends; 2) global market share and ranking by company; 3) comprehensive presentation of the global market for Railroad Tie Plate, with both quantitative and qualitative analysis through detailed segmentation; 4) detailed value chain analysis and review of growth factors essential for the existing market players and new entrants; 5) emerging opportunities in the market and the future impact of major drivers and restraints of the market.
Key Features of The Study:
This report provides in-depth analysis of the global Railroad Tie Plate market, and provides market size (US$ million) and CAGR for the forecast period (2023-2029), considering 2022 as the base year.
This report profiles key players in the global Railroad Tie Plate market based on the following parameters - company details (found date, headquarters, manufacturing bases), products portfolio, Railroad Tie Plate sales data, market share and ranking.
This report elucidates potential market opportunities across different segments and explains attractive investment proposition matrices for this market.
This report illustrates key insights about market drivers, restraints, opportunities, market trends, regional outlook.
Key companies of Railroad Tie Plate covered in this report include Anyang General International, Kimes Steel & Rail, ArcelorMittal, Astec Industries, L.B. Foster Company, Pandrol Limited, Gantry Railing, Birmingham Rail & Locomotive and Buck, etc.
The global Railroad Tie Plate market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts.
Market Segmentation
Company Profiles:
Anyang General International
Kimes Steel & Rail
ArcelorMittal
Astec Industries
L.B. Foster Company
Pandrol Limited
Gantry Railing
Birmingham Rail & Locomotive
Buck
Shanghai Bosheng Industries
Sumitomo Corporation of Americas Group
NINGENMURA COMPANY
Arkansas Steel Associates
Global Railroad Tie Plate market, by region:
North America (U.S., Canada, Mexico)
Europe (Germany, France, UK, Italy, etc.)
Asia Pacific (China, Japan, South Korea, Southeast Asia, India, etc.)
South America (Brazil, etc.)
Middle East and Africa (Turkey, GCC Countries, Africa, etc.)
Global Railroad Tie Plate market, Segment by Type:
Rolling Railroad Tie Plate
Forging Railroad Tie Plate
Casting Railroad Tie Plate
Global Railroad Tie Plate market, by Application
OEM
Aftermarket
Core Chapters
Chapter One: Introduces the study scope of this report, executive summary of market segments by Type, market size segments for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Two: Detailed analysis of Railroad Tie Plate manufacturers competitive landscape, price, sales, revenue, market share and ranking, latest development plan, merger, and acquisition information, etc.
Chapter Three: Sales, revenue of Railroad Tie Plate in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the future development prospects, and market space in the world.
Chapter Four: Introduces market segments by Application, market size segment for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Five, Six, Seven, Eight and Nine: North America, Europe, Asia Pacific, South America, Middle East & Africa, sales and revenue by country.
Chapter Ten: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter Eleven: Analysis of industrial chain, key raw materials, manufacturing cost, and market dynamics. Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter Twelve: Analysis of sales channel, distributors and customers.
Chapter Thirteen: Research Findings and Conclusion.
The global Railroad Tie Plate market size is expected to reach US$ million by 2029, growing at a CAGR of % from 2023 to 2029. The market is mainly driven by the significant applications of Railroad Tie Plate in various end use industries. The expanding demands from the OEM and Aftermarket, are propelling Railroad Tie Plate market. Rolling Railroad Tie Plate, one of the segments analysed in this report, is projected to record % CAGR and reach US$ million by the end of the analysis period. Growth in the Forging Railroad Tie Plate segment is estimated at % CAGR for the next seven-year period.
According to the data of China Association of Metros, by the end of 2022, 55 cities in mainland China have opened urban rail transit and 308 operating lines. The total length of operating lines is 10287.45 km, ranking first in the world and accounting for 26.2% of the total global mileage. 1080.63 km of new operating lines were added in 2022. By the end of 2022, 545 cities in 78 countries and regions will have opened urban rail transit, with more than 41,386.12 km of operational mileage. Compared to 2021, the total mileage of urban rail transit worldwide would increase by 4,531.92 km, an increase of 11.0%, of which 1,293.45 km of subway mileage, 788.11 km of light rail mileage and 2,450.36 km of tram mileage would increase, accounting for 28.5%, 17.4% and 54.1% of the total increase respectively.
Report Objectives
This report provides market insight on the different segments, by manufacturers, by Type, by Application. Market size and forecast (2018-2029) has been provided in the report. The primary objectives of this report are to provide 1) global market size and forecasts, growth rates, market dynamics, industry structure and developments, market situation, trends; 2) global market share and ranking by company; 3) comprehensive presentation of the global market for Railroad Tie Plate, with both quantitative and qualitative analysis through detailed segmentation; 4) detailed value chain analysis and review of growth factors essential for the existing market players and new entrants; 5) emerging opportunities in the market and the future impact of major drivers and restraints of the market.
Key Features of The Study:
This report provides in-depth analysis of the global Railroad Tie Plate market, and provides market size (US$ million) and CAGR for the forecast period (2023-2029), considering 2022 as the base year.
This report profiles key players in the global Railroad Tie Plate market based on the following parameters - company details (found date, headquarters, manufacturing bases), products portfolio, Railroad Tie Plate sales data, market share and ranking.
This report elucidates potential market opportunities across different segments and explains attractive investment proposition matrices for this market.
This report illustrates key insights about market drivers, restraints, opportunities, market trends, regional outlook.
Key companies of Railroad Tie Plate covered in this report include Anyang General International, Kimes Steel & Rail, ArcelorMittal, Astec Industries, L.B. Foster Company, Pandrol Limited, Gantry Railing, Birmingham Rail & Locomotive and Buck, etc.
The global Railroad Tie Plate market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts.
Market Segmentation
Company Profiles:
Anyang General International
Kimes Steel & Rail
ArcelorMittal
Astec Industries
L.B. Foster Company
Pandrol Limited
Gantry Railing
Birmingham Rail & Locomotive
Buck
Shanghai Bosheng Industries
Sumitomo Corporation of Americas Group
NINGENMURA COMPANY
Arkansas Steel Associates
Global Railroad Tie Plate market, by region:
North America (U.S., Canada, Mexico)
Europe (Germany, France, UK, Italy, etc.)
Asia Pacific (China, Japan, South Korea, Southeast Asia, India, etc.)
South America (Brazil, etc.)
Middle East and Africa (Turkey, GCC Countries, Africa, etc.)
Global Railroad Tie Plate market, Segment by Type:
Rolling Railroad Tie Plate
Forging Railroad Tie Plate
Casting Railroad Tie Plate
Global Railroad Tie Plate market, by Application
OEM
Aftermarket
Core Chapters
Chapter One: Introduces the study scope of this report, executive summary of market segments by Type, market size segments for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Two: Detailed analysis of Railroad Tie Plate manufacturers competitive landscape, price, sales, revenue, market share and ranking, latest development plan, merger, and acquisition information, etc.
Chapter Three: Sales, revenue of Railroad Tie Plate in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the future development prospects, and market space in the world.
Chapter Four: Introduces market segments by Application, market size segment for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Five, Six, Seven, Eight and Nine: North America, Europe, Asia Pacific, South America, Middle East & Africa, sales and revenue by country.
Chapter Ten: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter Eleven: Analysis of industrial chain, key raw materials, manufacturing cost, and market dynamics. Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter Twelve: Analysis of sales channel, distributors and customers.
Chapter Thirteen: Research Findings and Conclusion.
Index1 Railroad Tie Plate Market Overview
1.1 Railroad Tie Plate Product Overview
1.2 Railroad Tie Plate Market Segment by Type
1.2.1 Rolling Railroad Tie Plate
1.2.2 Forging Railroad Tie Plate
1.2.3 Casting Railroad Tie Plate
1.3 Global Railroad Tie Plate Market Size by Type
1.3.1 Global Railroad Tie Plate Market Size Overview by Type (2018-2029)
1.3.2 Global Railroad Tie Plate Historic Market Size Review by Type (2018-2023)
1.3.3 Global Railroad Tie Plate Forecasted Market Size by Type (2024-2029)
1.4 Key Regions Market Size Segment by Type
1.4.1 North America Railroad Tie Plate Sales Breakdown by Type (2018-2023)
1.4.2 Europe Railroad Tie Plate Sales Breakdown by Type (2018-2023)
1.4.3 Asia-Pacific Railroad Tie Plate Sales Breakdown by Type (2018-2023)
1.4.4 Latin America Railroad Tie Plate Sales Breakdown by Type (2018-2023)
1.4.5 Middle East and Africa Railroad Tie Plate Sales Breakdown by Type (2018-2023)
2 Global Railroad Tie Plate Market Competition by Company
2.1 Global Top Players by Railroad Tie Plate Sales (2018-2023)
2.2 Global Top Players by Railroad Tie Plate Revenue (2018-2023)
2.3 Global Top Players by Railroad Tie Plate Price (2018-2023)
2.4 Global Top Manufacturers Railroad Tie Plate Manufacturing Base Distribution, Sales Area, Product Type
2.5 Railroad Tie Plate Market Competitive Situation and Trends
2.5.1 Railroad Tie Plate Market Concentration Rate (2018-2023)
2.5.2 Global 5 and 10 Largest Manufacturers by Railroad Tie Plate Sales and Revenue in 2022
2.6 Global Top Manufacturers by Company Type (Tier 1, Tier 2 and Tier 3) & (based on the Revenue in Railroad Tie Plate as of 2022)
2.7 Date of Key Manufacturers Enter into Railroad Tie Plate Market
2.8 Key Manufacturers Railroad Tie Plate Product Offered
2.9 Mergers & Acquisitions, Expansion
3 Railroad Tie Plate Status and Outlook by Region
3.1 Global Railroad Tie Plate Market Size and CAGR by Region: 2018 VS 2022 VS 2029
3.2 Global Railroad Tie Plate Historic Market Size by Region
3.2.1 Global Railroad Tie Plate Sales in Volume by Region (2018-2023)
3.2.2 Global Railroad Tie Plate Sales in Value by Region (2018-2023)
3.2.3 Global Railroad Tie Plate Sales (Volume & Value) Price and Gross Margin (2018-2023)
3.3 Global Railroad Tie Plate Forecasted Market Size by Region
3.3.1 Global Railroad Tie Plate Sales in Volume by Region (2024-2029)
3.3.2 Global Railroad Tie Plate Sales in Value by Region (2024-2029)
3.3.3 Global Railroad Tie Plate Sales (Volume & Value), Price and Gross Margin (2024-2029)
4 Global Railroad Tie Plate by Application
4.1 Railroad Tie Plate Market Segment by Application
4.1.1 OEM
4.1.2 Aftermarket
4.2 Global Railroad Tie Plate Market Size by Application
4.2.1 Global Railroad Tie Plate Market Size Overview by Application (2018-2029)
4.2.2 Global Railroad Tie Plate Historic Market Size Review by Application (2018-2023)
4.2.3 Global Railroad Tie Plate Forecasted Market Size by Application (2024-2029)
4.3 Key Regions Market Size Segment by Application
4.3.1 North America Railroad Tie Plate Sales Breakdown by Application (2018-2023)
4.3.2 Europe Railroad Tie Plate Sales Breakdown by Application (2018-2023)
4.3.3 Asia-Pacific Railroad Tie Plate Sales Breakdown by Application (2018-2023)
4.3.4 Latin America Railroad Tie Plate Sales Breakdown by Application (2018-2023)
4.3.5 Middle East and Africa Railroad Tie Plate Sales Breakdown by Application (2018-2023)
5 North America Railroad Tie Plate by Country
5.1 North America Railroad Tie Plate Historic Market Size by Country
5.1.1 North America Railroad Tie Plate Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
5.1.2 North America Railroad Tie Plate Sales in Volume by Country (2018-2023)
5.1.3 North America Railroad Tie Plate Sales in Value by Country (2018-2023)
5.2 North America Railroad Tie Plate Forecasted Market Size by Country
5.2.1 North America Railroad Tie Plate Sales in Volume by Country (2024-2029)
5.2.2 North America Railroad Tie Plate Sales in Value by Country (2024-2029)
6 Europe Railroad Tie Plate by Country
6.1 Europe Railroad Tie Plate Historic Market Size by Country
6.1.1 Europe Railroad Tie Plate Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
6.1.2 Europe Railroad Tie Plate Sales in Volume by Country (2018-2023)
6.1.3 Europe Railroad Tie Plate Sales in Value by Country (2018-2023)
6.2 Europe Railroad Tie Plate Forecasted Market Size by Country
6.2.1 Europe Railroad Tie Plate Sales in Volume by Country (2024-2029)
6.2.2 Europe Railroad Tie Plate Sales in Value by Country (2024-2029)
7 Asia-Pacific Railroad Tie Plate by Region
7.1 Asia-Pacific Railroad Tie Plate Historic Market Size by Region
7.1.1 Asia-Pacific Railroad Tie Plate Market Size Growth Rate (CAGR) by Region: 2018 VS 2022 VS 2029
7.1.2 Asia-Pacific Railroad Tie Plate Sales in Volume by Region (2018-2023)
7.1.3 Asia-Pacific Railroad Tie Plate Sales in Value by Region (2018-2023)
7.2 Asia-Pacific Railroad Tie Plate Forecasted Market Size by Region
7.2.1 Asia-Pacific Railroad Tie Plate Sales in Volume by Region (2024-2029)
7.2.2 Asia-Pacific Railroad Tie Plate Sales in Value by Region (2024-2029)
8 Latin America Railroad Tie Plate by Country
8.1 Latin America Railroad Tie Plate Historic Market Size by Country
8.1.1 Latin America Railroad Tie Plate Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
8.1.2 Latin America Railroad Tie Plate Sales in Volume by Country (2018-2023)
8.1.3 Latin America Railroad Tie Plate Sales in Value by Country (2018-2023)
8.2 Latin America Railroad Tie Plate Forecasted Market Size by Country
8.2.1 Latin America Railroad Tie Plate Sales in Volume by Country (2024-2029)
8.2.2 Latin America Railroad Tie Plate Sales in Value by Country (2024-2029)
9 Middle East and Africa Railroad Tie Plate by Country
9.1 Middle East and Africa Railroad Tie Plate Historic Market Size by Country
9.1.1 Middle East and Africa Railroad Tie Plate Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
9.1.2 Middle East and Africa Railroad Tie Plate Sales in Volume by Country (2018-2023)
9.1.3 Middle East and Africa Railroad Tie Plate Sales in Value by Country (2018-2023)
9.2 Middle East and Africa Railroad Tie Plate Forecasted Market Size by Country
9.2.1 Middle East and Africa Railroad Tie Plate Sales in Volume by Country (2024-2029)
9.2.2 Middle East and Africa Railroad Tie Plate Sales in Value by Country (2024-2029)
10 Company Profiles
10.1 Anyang General International
10.1.1 Anyang General International Company Information
10.1.2 Anyang General International Introduction and Business Overview
10.1.3 Anyang General International Railroad Tie Plate Sales, Revenue and Gross Margin (2018-2023)
10.1.4 Anyang General International Railroad Tie Plate Products Offered
10.1.5 Anyang General International Recent Development
10.2 Kimes Steel & Rail
10.2.1 Kimes Steel & Rail Company Information
10.2.2 Kimes Steel & Rail Introduction and Business Overview
10.2.3 Kimes Steel & Rail Railroad Tie Plate Sales, Revenue and Gross Margin (2018-2023)
10.2.4 Kimes Steel & Rail Railroad Tie Plate Products Offered
10.2.5 Kimes Steel & Rail Recent Development
10.3 ArcelorMittal
10.3.1 ArcelorMittal Company Information
10.3.2 ArcelorMittal Introduction and Business Overview
10.3.3 ArcelorMittal Railroad Tie Plate Sales, Revenue and Gross Margin (2018-2023)
10.3.4 ArcelorMittal Railroad Tie Plate Products Offered
10.3.5 ArcelorMittal Recent Development
10.4 Astec Industries
10.4.1 Astec Industries Company Information
10.4.2 Astec Industries Introduction and Business Overview
10.4.3 Astec Industries Railroad Tie Plate Sales, Revenue and Gross Margin (2018-2023)
10.4.4 Astec Industries Railroad Tie Plate Products Offered
10.4.5 Astec Industries Recent Development
10.5 L.B. Foster Company
10.5.1 L.B. Foster Company Company Information
10.5.2 L.B. Foster Company Introduction and Business Overview
10.5.3 L.B. Foster Company Railroad Tie Plate Sales, Revenue and Gross Margin (2018-2023)
10.5.4 L.B. Foster Company Railroad Tie Plate Products Offered
10.5.5 L.B. Foster Company Recent Development
10.6 Pandrol Limited
10.6.1 Pandrol Limited Company Information
10.6.2 Pandrol Limited Introduction and Business Overview
10.6.3 Pandrol Limited Railroad Tie Plate Sales, Revenue and Gross Margin (2018-2023)
10.6.4 Pandrol Limited Railroad Tie Plate Products Offered
10.6.5 Pandrol Limited Recent Development
10.7 Gantry Railing
10.7.1 Gantry Railing Company Information
10.7.2 Gantry Railing Introduction and Business Overview
10.7.3 Gantry Railing Railroad Tie Plate Sales, Revenue and Gross Margin (2018-2023)
10.7.4 Gantry Railing Railroad Tie Plate Products Offered
10.7.5 Gantry Railing Recent Development
10.8 Birmingham Rail & Locomotive
10.8.1 Birmingham Rail & Locomotive Company Information
10.8.2 Birmingham Rail & Locomotive Introduction and Business Overview
10.8.3 Birmingham Rail & Locomotive Railroad Tie Plate Sales, Revenue and Gross Margin (2018-2023)
10.8.4 Birmingham Rail & Locomotive Railroad Tie Plate Products Offered
10.8.5 Birmingham Rail & Locomotive Recent Development
10.9 Buck
10.9.1 Buck Company Information
10.9.2 Buck Introduction and Business Overview
10.9.3 Buck Railroad Tie Plate Sales, Revenue and Gross Margin (2018-2023)
10.9.4 Buck Railroad Tie Plate Products Offered
10.9.5 Buck Recent Development
10.10 Shanghai Bosheng Industries
10.10.1 Shanghai Bosheng Industries Company Information
10.10.2 Shanghai Bosheng Industries Introduction and Business Overview
10.10.3 Shanghai Bosheng Industries Railroad Tie Plate Sales, Revenue and Gross Margin (2018-2023)
10.10.4 Shanghai Bosheng Industries Railroad Tie Plate Products Offered
10.10.5 Shanghai Bosheng Industries Recent Development
10.11 Sumitomo Corporation of Americas Group
10.11.1 Sumitomo Corporation of Americas Group Company Information
10.11.2 Sumitomo Corporation of Americas Group Introduction and Business Overview
10.11.3 Sumitomo Corporation of Americas Group Railroad Tie Plate Sales, Revenue and Gross Margin (2018-2023)
10.11.4 Sumitomo Corporation of Americas Group Railroad Tie Plate Products Offered
10.11.5 Sumitomo Corporation of Americas Group Recent Development
10.12 NINGENMURA COMPANY
10.12.1 NINGENMURA COMPANY Company Information
10.12.2 NINGENMURA COMPANY Introduction and Business Overview
10.12.3 NINGENMURA COMPANY Railroad Tie Plate Sales, Revenue and Gross Margin (2018-2023)
10.12.4 NINGENMURA COMPANY Railroad Tie Plate Products Offered
10.12.5 NINGENMURA COMPANY Recent Development
10.13 Arkansas Steel Associates
10.13.1 Arkansas Steel Associates Company Information
10.13.2 Arkansas Steel Associates Introduction and Business Overview
10.13.3 Arkansas Steel Associates Railroad Tie Plate Sales, Revenue and Gross Margin (2018-2023)
10.13.4 Arkansas Steel Associates Railroad Tie Plate Products Offered
10.13.5 Arkansas Steel Associates Recent Development
11 Upstream, Opportunities, Challenges, Risks and Influences Factors Analysis
11.1 Railroad Tie Plate Key Raw Materials
11.1.1 Key Raw Materials
11.1.2 Key Raw Materials Price
11.1.3 Raw Materials Key Suppliers
11.2 Manufacturing Cost Structure
11.2.1 Raw Materials
11.2.2 Labor Cost
11.2.3 Manufacturing Expenses
11.3 Railroad Tie Plate Industrial Chain Analysis
11.4 Railroad Tie Plate Market Dynamics
11.4.1 Railroad Tie Plate Industry Trends
11.4.2 Railroad Tie Plate Market Drivers
11.4.3 Railroad Tie Plate Market Challenges
11.4.4 Railroad Tie Plate Market Restraints
12 Market Strategy Analysis, Distributors
12.1 Sales Channel
12.2 Railroad Tie Plate Distributors
12.3 Railroad Tie Plate Downstream Customers
13 Research Findings and Conclusion
14 Appendix
14.1 Research Methodology
14.1.1 Methodology/Research Approach
14.1.2 Data Source
14.2 Author Details
14.3 Disclaimer
Published By : QY Research
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