Composites in Passenger Rail Market By Type (Carbon Fiber, Glass Fiber, Others) , By Resin Type (Epoxy Resin, Polyester, Phenolic, Vinyl Ester, Others) By Application (Interior, Exterior) : Global Opportunity Analysis and Industry Forecast, 2024-2033
The composites in passenger rail market was valued at $1.9 billion in 2023, and is projected to reach $4.0 billion by 2033, growing at a CAGR of 7.6% from 2024 to 2033.
Composites are advanced materials created by combining two or more distinct substances to achieve properties that are superior to those of the individual components. In the passenger rail sector, composites—typically comprising materials like fiber-reinforced plastics and resin matrices—are increasingly replacing traditional materials such as steel and aluminum. The drive for composite usage in passenger rail is fueled by their exceptional strength-to-weight ratio, corrosion resistance, and ability to enhance fuel efficiency and operational sustainability.
The growth of the global composites in passenger rail market is driven by surge in demand for composites to reduce weight of railcars and achieve higher energy efficiency, increased fuel efficiency, and reduced operational costs. Furthermore, rise in need for durable railcars is fueling the demand for composites. This is attributed to the fact that composites are resistant to corrosion, fatigue, and harsh environmental conditions, extending the lifespan of rail components and reducing maintenance costs. This durability is particularly advantageous in regions with extreme weather conditions or high humidity levels. Moreover, as countries invest in high-speed rail systems, lightweight and high-strength materials like composites are witnessing significant demand, which is augmenting the market growth. In addition, implementation of stringent regulations to lower greenhouse gas emissions and adopt more sustainable practices acts as a key driving force of the market. This is attributed to the fact that composites contribute to meeting regulatory requirements due to their low environmental impact and potential for recyclability, supporting greener transportation initiatives. According to EU-funded RECOTRANS project—aims to develop efficient, sustainable manufacturing methods for lightweight composite materials in the transport sectors, including automotive, rail, and maritime industries—rails are estimated to witness 57% weight reduction with the use of lightweight composites, which, in turn, will help to reduce greenhouse gas emissions. However, high cost of composite materials restrains the market growth. Moreover, while many composites are durable and lightweight, achieving fire resistance that meets rail safety standards is challenging, thus hampering the market growth. On the contrary, innovations in manufacturing techniques, such as automated production and advanced molding technologies, have made composite materials more accessible and cost-effective. Such developments are expected to offer lucrative opportunities for the market growth during the forecast period.
The global composites in passenger rail market is segmented into type, resin type, application, and region. By type, the market is classified into carbon fiber, glass fiber, and others. On the basis of resin type, it is classified into epoxy resin, polyester, phenolic, vinyl ester, and others. Depending on application, it is divided into exterior and interior. Region wise, the market is analyzed across North America, Europe, Asia-Pacific, and LAMEA.
Key Findings
By type, the glass fiber segment held the highest market share in 2023, and is expected to maintain its leadership status from 2024 to 2033.
On the basis of resin type, the epoxy resin segment was the major shareholder in 2023, and is anticipated to continue the same trend throughout the forecast period
Depending on application, the interior segment garnered the largest share in 2023, and is projected to dominate the market during the forecast period.
Region wise, Asia-Pacific exhibited the highest growth, in terms of revenue, in 2023.
Competition Analysis
Competitive analysis and profiles of the major players in the global composites in passenger rail market include Hexcel Corporation, Solvay S.A., Toray Industries, Inc., Kawasaki Heavy Industries Ltd., TEIJIN LIMITED, Owens Corning, BASF SE, Mitsubishi Rayon Co., Ltd., SGL Carbon, and ZOLTEK Corporation. These major players have adopted various key development strategies such as business expansion, new product launches, and partnerships to sustain the intense competition and gain a strong foothold in the global market.
Key Market Segments
By Type
Carbon Fiber
Glass Fiber
Others
By Resin Type
Epoxy Resin
Polyester
Phenolic
Vinyl Ester
Others
By Application
Interior
Exterior
By Region
North America
U.S.
Canada
Mexico
Europe
France
Germany
Italy
Spain
UK
Rest of Europe
Asia-Pacific
China
Japan
India
South Korea
Australia
Rest of Asia-Pacific
LAMEA
Brazil
South Africa
Saudi Arabia
UAE
Rest of LAMEA
Key Market Players
Hexcel Corporation
Solvay S.A.
Toray Industries, Inc.
Kawasaki Heavy Industries Ltd
TEIJIN LIMITED
Owens Corning
BASF SE
Mitsubishi Rayon Co., Ltd.
SGL Carbon
ZOLTEK Corporation
- CHAPTER 1: INTRODUCTION
- 1.1. Report Description
- 1.2. Key Market Segments
- 1.3. Key Benefits
- 1.4. Research Methodology
- 1.4.1. Primary Research
- 1.4.2. Secondary Research
- 1.4.3. Analyst Tools and Models
- CHAPTER 2: EXECUTIVE SUMMARY
- 2.1. CXO Perspective
- CHAPTER 3: MARKET LANDSCAPE
- 3.1. Market Definition and Scope
- 3.2. Key Findings
- 3.2.1. Top Investment Pockets
- 3.2.2. Top Winning Strategies
- 3.3. Porter's Five Forces Analysis
- 3.3.1. Bargaining Power of Suppliers
- 3.3.2. Threat of New Entrants
- 3.3.3. Threat of Substitutes
- 3.3.4. Competitive Rivalry
- 3.3.5. Bargaining Power among Buyers
- 3.4. Market Dynamics
- 3.4.1. Drivers
- 3.4.2. Restraints
- 3.4.3. Opportunities
- CHAPTER 4: COMPOSITES IN PASSENGER RAIL MARKET, BY TYPE
- 4.1. Market Overview
- 4.1.1 Market Size and Forecast, By Type
- 4.2. Carbon Fiber
- 4.2.1. Key Market Trends, Growth Factors and Opportunities
- 4.2.2. Market Size and Forecast, By Region
- 4.2.3. Market Share Analysis, By Country
- 4.3. Glass Fiber
- 4.3.1. Key Market Trends, Growth Factors and Opportunities
- 4.3.2. Market Size and Forecast, By Region
- 4.3.3. Market Share Analysis, By Country
- 4.4. Others
- 4.4.1. Key Market Trends, Growth Factors and Opportunities
- 4.4.2. Market Size and Forecast, By Region
- 4.4.3. Market Share Analysis, By Country
- CHAPTER 5: COMPOSITES IN PASSENGER RAIL MARKET, BY RESIN TYPE
- 5.1. Market Overview
- 5.1.1 Market Size and Forecast, By Resin Type
- 5.2. Epoxy Resin
- 5.2.1. Key Market Trends, Growth Factors and Opportunities
- 5.2.2. Market Size and Forecast, By Region
- 5.2.3. Market Share Analysis, By Country
- 5.3. Polyester
- 5.3.1. Key Market Trends, Growth Factors and Opportunities
- 5.3.2. Market Size and Forecast, By Region
- 5.3.3. Market Share Analysis, By Country
- 5.4. Phenolic
- 5.4.1. Key Market Trends, Growth Factors and Opportunities
- 5.4.2. Market Size and Forecast, By Region
- 5.4.3. Market Share Analysis, By Country
- 5.5. Vinyl Ester
- 5.5.1. Key Market Trends, Growth Factors and Opportunities
- 5.5.2. Market Size and Forecast, By Region
- 5.5.3. Market Share Analysis, By Country
- 5.6. Others
- 5.6.1. Key Market Trends, Growth Factors and Opportunities
- 5.6.2. Market Size and Forecast, By Region
- 5.6.3. Market Share Analysis, By Country
- CHAPTER 6: COMPOSITES IN PASSENGER RAIL MARKET, BY APPLICATION
- 6.1. Market Overview
- 6.1.1 Market Size and Forecast, By Application
- 6.2. Interior
- 6.2.1. Key Market Trends, Growth Factors and Opportunities
- 6.2.2. Market Size and Forecast, By Region
- 6.2.3. Market Share Analysis, By Country
- 6.3. Exterior
- 6.3.1. Key Market Trends, Growth Factors and Opportunities
- 6.3.2. Market Size and Forecast, By Region
- 6.3.3. Market Share Analysis, By Country
- CHAPTER 7: COMPOSITES IN PASSENGER RAIL MARKET, BY REGION
- 7.1. Market Overview
- 7.1.1 Market Size and Forecast, By Region
- 7.2. North America
- 7.2.1. Key Market Trends and Opportunities
- 7.2.2. Market Size and Forecast, By Type
- 7.2.3. Market Size and Forecast, By Resin Type
- 7.2.4. Market Size and Forecast, By Application
- 7.2.5. Market Size and Forecast, By Country
- 7.2.6. U.S. Composites in Passenger Rail Market
- 7.2.6.1. Market Size and Forecast, By Type
- 7.2.6.2. Market Size and Forecast, By Resin Type
- 7.2.6.3. Market Size and Forecast, By Application
- 7.2.7. Canada Composites in Passenger Rail Market
- 7.2.7.1. Market Size and Forecast, By Type
- 7.2.7.2. Market Size and Forecast, By Resin Type
- 7.2.7.3. Market Size and Forecast, By Application
- 7.2.8. Mexico Composites in Passenger Rail Market
- 7.2.8.1. Market Size and Forecast, By Type
- 7.2.8.2. Market Size and Forecast, By Resin Type
- 7.2.8.3. Market Size and Forecast, By Application
- 7.3. Europe
- 7.3.1. Key Market Trends and Opportunities
- 7.3.2. Market Size and Forecast, By Type
- 7.3.3. Market Size and Forecast, By Resin Type
- 7.3.4. Market Size and Forecast, By Application
- 7.3.5. Market Size and Forecast, By Country
- 7.3.6. France Composites in Passenger Rail Market
- 7.3.6.1. Market Size and Forecast, By Type
- 7.3.6.2. Market Size and Forecast, By Resin Type
- 7.3.6.3. Market Size and Forecast, By Application
- 7.3.7. Germany Composites in Passenger Rail Market
- 7.3.7.1. Market Size and Forecast, By Type
- 7.3.7.2. Market Size and Forecast, By Resin Type
- 7.3.7.3. Market Size and Forecast, By Application
- 7.3.8. Italy Composites in Passenger Rail Market
- 7.3.8.1. Market Size and Forecast, By Type
- 7.3.8.2. Market Size and Forecast, By Resin Type
- 7.3.8.3. Market Size and Forecast, By Application
- 7.3.9. Spain Composites in Passenger Rail Market
- 7.3.9.1. Market Size and Forecast, By Type
- 7.3.9.2. Market Size and Forecast, By Resin Type
- 7.3.9.3. Market Size and Forecast, By Application
- 7.3.10. UK Composites in Passenger Rail Market
- 7.3.10.1. Market Size and Forecast, By Type
- 7.3.10.2. Market Size and Forecast, By Resin Type
- 7.3.10.3. Market Size and Forecast, By Application
- 7.3.11. Rest Of Europe Composites in Passenger Rail Market
- 7.3.11.1. Market Size and Forecast, By Type
- 7.3.11.2. Market Size and Forecast, By Resin Type
- 7.3.11.3. Market Size and Forecast, By Application
- 7.4. Asia-Pacific
- 7.4.1. Key Market Trends and Opportunities
- 7.4.2. Market Size and Forecast, By Type
- 7.4.3. Market Size and Forecast, By Resin Type
- 7.4.4. Market Size and Forecast, By Application
- 7.4.5. Market Size and Forecast, By Country
- 7.4.6. China Composites in Passenger Rail Market
- 7.4.6.1. Market Size and Forecast, By Type
- 7.4.6.2. Market Size and Forecast, By Resin Type
- 7.4.6.3. Market Size and Forecast, By Application
- 7.4.7. Japan Composites in Passenger Rail Market
- 7.4.7.1. Market Size and Forecast, By Type
- 7.4.7.2. Market Size and Forecast, By Resin Type
- 7.4.7.3. Market Size and Forecast, By Application
- 7.4.8. India Composites in Passenger Rail Market
- 7.4.8.1. Market Size and Forecast, By Type
- 7.4.8.2. Market Size and Forecast, By Resin Type
- 7.4.8.3. Market Size and Forecast, By Application
- 7.4.9. South Korea Composites in Passenger Rail Market
- 7.4.9.1. Market Size and Forecast, By Type
- 7.4.9.2. Market Size and Forecast, By Resin Type
- 7.4.9.3. Market Size and Forecast, By Application
- 7.4.10. Australia Composites in Passenger Rail Market
- 7.4.10.1. Market Size and Forecast, By Type
- 7.4.10.2. Market Size and Forecast, By Resin Type
- 7.4.10.3. Market Size and Forecast, By Application
- 7.4.11. Rest of Asia-Pacific Composites in Passenger Rail Market
- 7.4.11.1. Market Size and Forecast, By Type
- 7.4.11.2. Market Size and Forecast, By Resin Type
- 7.4.11.3. Market Size and Forecast, By Application
- 7.5. LAMEA
- 7.5.1. Key Market Trends and Opportunities
- 7.5.2. Market Size and Forecast, By Type
- 7.5.3. Market Size and Forecast, By Resin Type
- 7.5.4. Market Size and Forecast, By Application
- 7.5.5. Market Size and Forecast, By Country
- 7.5.6. Brazil Composites in Passenger Rail Market
- 7.5.6.1. Market Size and Forecast, By Type
- 7.5.6.2. Market Size and Forecast, By Resin Type
- 7.5.6.3. Market Size and Forecast, By Application
- 7.5.7. South Africa Composites in Passenger Rail Market
- 7.5.7.1. Market Size and Forecast, By Type
- 7.5.7.2. Market Size and Forecast, By Resin Type
- 7.5.7.3. Market Size and Forecast, By Application
- 7.5.8. Saudi Arabia Composites in Passenger Rail Market
- 7.5.8.1. Market Size and Forecast, By Type
- 7.5.8.2. Market Size and Forecast, By Resin Type
- 7.5.8.3. Market Size and Forecast, By Application
- 7.5.9. UAE Composites in Passenger Rail Market
- 7.5.9.1. Market Size and Forecast, By Type
- 7.5.9.2. Market Size and Forecast, By Resin Type
- 7.5.9.3. Market Size and Forecast, By Application
- 7.5.10. Rest of LAMEA Composites in Passenger Rail Market
- 7.5.10.1. Market Size and Forecast, By Type
- 7.5.10.2. Market Size and Forecast, By Resin Type
- 7.5.10.3. Market Size and Forecast, By Application
- CHAPTER 8: COMPETITIVE LANDSCAPE
- 8.1. Introduction
- 8.2. Top Winning Strategies
- 8.3. Product Mapping Of Top 10 Player
- 8.4. Competitive Dashboard
- 8.5. Competitive Heatmap
- 8.6. Top Player Positioning, 2023
- CHAPTER 9: COMPANY PROFILES
- 9.1. Hexcel Corporation
- 9.1.1. Company Overview
- 9.1.2. Key Executives
- 9.1.3. Company Snapshot
- 9.1.4. Operating Business Segments
- 9.1.5. Product Portfolio
- 9.1.6. Business Performance
- 9.1.7. Key Strategic Moves and Developments
- 9.2. Solvay S.A.
- 9.2.1. Company Overview
- 9.2.2. Key Executives
- 9.2.3. Company Snapshot
- 9.2.4. Operating Business Segments
- 9.2.5. Product Portfolio
- 9.2.6. Business Performance
- 9.2.7. Key Strategic Moves and Developments
- 9.3. Toray Industries, Inc.
- 9.3.1. Company Overview
- 9.3.2. Key Executives
- 9.3.3. Company Snapshot
- 9.3.4. Operating Business Segments
- 9.3.5. Product Portfolio
- 9.3.6. Business Performance
- 9.3.7. Key Strategic Moves and Developments
- 9.4. Kawasaki Heavy Industries Ltd
- 9.4.1. Company Overview
- 9.4.2. Key Executives
- 9.4.3. Company Snapshot
- 9.4.4. Operating Business Segments
- 9.4.5. Product Portfolio
- 9.4.6. Business Performance
- 9.4.7. Key Strategic Moves and Developments
- 9.5. TEIJIN LIMITED
- 9.5.1. Company Overview
- 9.5.2. Key Executives
- 9.5.3. Company Snapshot
- 9.5.4. Operating Business Segments
- 9.5.5. Product Portfolio
- 9.5.6. Business Performance
- 9.5.7. Key Strategic Moves and Developments
- 9.6. Owens Corning
- 9.6.1. Company Overview
- 9.6.2. Key Executives
- 9.6.3. Company Snapshot
- 9.6.4. Operating Business Segments
- 9.6.5. Product Portfolio
- 9.6.6. Business Performance
- 9.6.7. Key Strategic Moves and Developments
- 9.7. BASF SE
- 9.7.1. Company Overview
- 9.7.2. Key Executives
- 9.7.3. Company Snapshot
- 9.7.4. Operating Business Segments
- 9.7.5. Product Portfolio
- 9.7.6. Business Performance
- 9.7.7. Key Strategic Moves and Developments
- 9.8. Mitsubishi Rayon Co., Ltd.
- 9.8.1. Company Overview
- 9.8.2. Key Executives
- 9.8.3. Company Snapshot
- 9.8.4. Operating Business Segments
- 9.8.5. Product Portfolio
- 9.8.6. Business Performance
- 9.8.7. Key Strategic Moves and Developments
- 9.9. SGL Carbon
- 9.9.1. Company Overview
- 9.9.2. Key Executives
- 9.9.3. Company Snapshot
- 9.9.4. Operating Business Segments
- 9.9.5. Product Portfolio
- 9.9.6. Business Performance
- 9.9.7. Key Strategic Moves and Developments
- 9.10. ZOLTEK Corporation
- 9.10.1. Company Overview
- 9.10.2. Key Executives
- 9.10.3. Company Snapshot
- 9.10.4. Operating Business Segments
- 9.10.5. Product Portfolio
- 9.10.6. Business Performance
- 9.10.7. Key Strategic Moves and Developments
- LIST OF TABLES
- TABLE 1. GLOBAL COMPOSITES IN PASSENGER RAIL MARKET, BY TYPE, 2024 - 2033 ($BILLION)
- TABLE 2. COMPOSITES IN PASSENGER RAIL MARKET FOR CARBON FIBER, BY REGION, 2024 - 2033 ($BILLION)
- TABLE 3. COMPOSITES IN PASSENGER RAIL MARKET FOR GLASS FIBER, BY REGION, 2024 - 2033 ($BILLION)
- TABLE 4. COMPOSITES IN PASSENGER RAIL MARKET FOR OTHERS, BY REGION, 2024 - 2033 ($BILLION)
- TABLE 5. GLOBAL COMPOSITES IN PASSENGER RAIL MARKET, BY RESIN TYPE, 2024 - 2033 ($BILLION)
- TABLE 6. COMPOSITES IN PASSENGER RAIL MARKET FOR EPOXY RESIN, BY REGION, 2024 - 2033 ($BILLION)
- TABLE 7. COMPOSITES IN PASSENGER RAIL MARKET FOR POLYESTER, BY REGION, 2024 - 2033 ($BILLION)
- TABLE 8. COMPOSITES IN PASSENGER RAIL MARKET FOR PHENOLIC, BY REGION, 2024 - 2033 ($BILLION)
- TABLE 9. COMPOSITES IN PASSENGER RAIL MARKET FOR VINYL ESTER, BY REGION, 2024 - 2033 ($BILLION)
- TABLE 10. COMPOSITES IN PASSENGER RAIL MARKET FOR OTHERS, BY REGION, 2024 - 2033 ($BILLION)
- TABLE 11. GLOBAL COMPOSITES IN PASSENGER RAIL MARKET, BY APPLICATION, 2024 - 2033 ($BILLION)
- TABLE 12. COMPOSITES IN PASSENGER RAIL MARKET FOR INTERIOR, BY REGION, 2024 - 2033 ($BILLION)
- TABLE 13. COMPOSITES IN PASSENGER RAIL MARKET FOR EXTERIOR, BY REGION, 2024 - 2033 ($BILLION)
- TABLE 14. COMPOSITES IN PASSENGER RAIL MARKET, BY REGION, 2024 - 2033 ($BILLION)
- TABLE 15. NORTH AMERICA COMPOSITES IN PASSENGER RAIL MARKET, BY COUNTRY, 2024 - 2033 ($BILLION)
- TABLE 16. NORTH AMERICA COMPOSITES IN PASSENGER RAIL MARKET, BY TYPE, 2024 - 2033 ($BILLION)
- TABLE 17. NORTH AMERICA COMPOSITES IN PASSENGER RAIL MARKET, BY RESIN TYPE, 2024 - 2033 ($BILLION)
- TABLE 18. NORTH AMERICA COMPOSITES IN PASSENGER RAIL MARKET, BY APPLICATION, 2024 - 2033 ($BILLION)
- TABLE 19. U.S. COMPOSITES IN PASSENGER RAIL MARKET, BY TYPE, 2024 - 2033 ($BILLION)
- TABLE 20. U.S. COMPOSITES IN PASSENGER RAIL MARKET, BY RESIN TYPE, 2024 - 2033 ($BILLION)
- TABLE 21. U.S. COMPOSITES IN PASSENGER RAIL MARKET, BY APPLICATION, 2024 - 2033 ($BILLION)
- TABLE 22. CANADA COMPOSITES IN PASSENGER RAIL MARKET, BY TYPE, 2024 - 2033 ($BILLION)
- TABLE 23. CANADA COMPOSITES IN PASSENGER RAIL MARKET, BY RESIN TYPE, 2024 - 2033 ($BILLION)
- TABLE 24. CANADA COMPOSITES IN PASSENGER RAIL MARKET, BY APPLICATION, 2024 - 2033 ($BILLION)
- TABLE 25. MEXICO COMPOSITES IN PASSENGER RAIL MARKET, BY TYPE, 2024 - 2033 ($BILLION)
- TABLE 26. MEXICO COMPOSITES IN PASSENGER RAIL MARKET, BY RESIN TYPE, 2024 - 2033 ($BILLION)
- TABLE 27. MEXICO COMPOSITES IN PASSENGER RAIL MARKET, BY APPLICATION, 2024 - 2033 ($BILLION)
- TABLE 28. EUROPE COMPOSITES IN PASSENGER RAIL MARKET, BY COUNTRY, 2024 - 2033 ($BILLION)
- TABLE 29. EUROPE COMPOSITES IN PASSENGER RAIL MARKET, BY TYPE, 2024 - 2033 ($BILLION)
- TABLE 30. EUROPE COMPOSITES IN PASSENGER RAIL MARKET, BY RESIN TYPE, 2024 - 2033 ($BILLION)
- TABLE 31. EUROPE COMPOSITES IN PASSENGER RAIL MARKET, BY APPLICATION, 2024 - 2033 ($BILLION)
- TABLE 32. FRANCE COMPOSITES IN PASSENGER RAIL MARKET, BY TYPE, 2024 - 2033 ($BILLION)
- TABLE 33. FRANCE COMPOSITES IN PASSENGER RAIL MARKET, BY RESIN TYPE, 2024 - 2033 ($BILLION)
- TABLE 34. FRANCE COMPOSITES IN PASSENGER RAIL MARKET, BY APPLICATION, 2024 - 2033 ($BILLION)
- TABLE 35. GERMANY COMPOSITES IN PASSENGER RAIL MARKET, BY TYPE, 2024 - 2033 ($BILLION)
- TABLE 36. GERMANY COMPOSITES IN PASSENGER RAIL MARKET, BY RESIN TYPE, 2024 - 2033 ($BILLION)
- TABLE 37. GERMANY COMPOSITES IN PASSENGER RAIL MARKET, BY APPLICATION, 2024 - 2033 ($BILLION)
- TABLE 38. ITALY COMPOSITES IN PASSENGER RAIL MARKET, BY TYPE, 2024 - 2033 ($BILLION)
- TABLE 39. ITALY COMPOSITES IN PASSENGER RAIL MARKET, BY RESIN TYPE, 2024 - 2033 ($BILLION)
- TABLE 40. ITALY COMPOSITES IN PASSENGER RAIL MARKET, BY APPLICATION, 2024 - 2033 ($BILLION)
- TABLE 41. SPAIN COMPOSITES IN PASSENGER RAIL MARKET, BY TYPE, 2024 - 2033 ($BILLION)
- TABLE 42. SPAIN COMPOSITES IN PASSENGER RAIL MARKET, BY RESIN TYPE, 2024 - 2033 ($BILLION)
- TABLE 43. SPAIN COMPOSITES IN PASSENGER RAIL MARKET, BY APPLICATION, 2024 - 2033 ($BILLION)
- TABLE 44. UK COMPOSITES IN PASSENGER RAIL MARKET, BY TYPE, 2024 - 2033 ($BILLION)
- TABLE 45. UK COMPOSITES IN PASSENGER RAIL MARKET, BY RESIN TYPE, 2024 - 2033 ($BILLION)
- TABLE 46. UK COMPOSITES IN PASSENGER RAIL MARKET, BY APPLICATION, 2024 - 2033 ($BILLION)
- TABLE 47. REST OF EUROPE COMPOSITES IN PASSENGER RAIL MARKET, BY TYPE, 2024 - 2033 ($BILLION)
- TABLE 48. REST OF EUROPE COMPOSITES IN PASSENGER RAIL MARKET, BY RESIN TYPE, 2024 - 2033 ($BILLION)
- TABLE 49. REST OF EUROPE COMPOSITES IN PASSENGER RAIL MARKET, BY APPLICATION, 2024 - 2033 ($BILLION)
- TABLE 50. ASIA-PACIFIC COMPOSITES IN PASSENGER RAIL MARKET, BY COUNTRY, 2024 - 2033 ($BILLION)
- TABLE 51. ASIA-PACIFIC COMPOSITES IN PASSENGER RAIL MARKET, BY TYPE, 2024 - 2033 ($BILLION)
- TABLE 52. ASIA-PACIFIC COMPOSITES IN PASSENGER RAIL MARKET, BY RESIN TYPE, 2024 - 2033 ($BILLION)
- TABLE 53. ASIA-PACIFIC COMPOSITES IN PASSENGER RAIL MARKET, BY APPLICATION, 2024 - 2033 ($BILLION)
- TABLE 54. CHINA COMPOSITES IN PASSENGER RAIL MARKET, BY TYPE, 2024 - 2033 ($BILLION)
- TABLE 55. CHINA COMPOSITES IN PASSENGER RAIL MARKET, BY RESIN TYPE, 2024 - 2033 ($BILLION)
- TABLE 56. CHINA COMPOSITES IN PASSENGER RAIL MARKET, BY APPLICATION, 2024 - 2033 ($BILLION)
- TABLE 57. JAPAN COMPOSITES IN PASSENGER RAIL MARKET, BY TYPE, 2024 - 2033 ($BILLION)
- TABLE 58. JAPAN COMPOSITES IN PASSENGER RAIL MARKET, BY RESIN TYPE, 2024 - 2033 ($BILLION)
- TABLE 59. JAPAN COMPOSITES IN PASSENGER RAIL MARKET, BY APPLICATION, 2024 - 2033 ($BILLION)
- TABLE 60. INDIA COMPOSITES IN PASSENGER RAIL MARKET, BY TYPE, 2024 - 2033 ($BILLION)
- TABLE 61. INDIA COMPOSITES IN PASSENGER RAIL MARKET, BY RESIN TYPE, 2024 - 2033 ($BILLION)
- TABLE 62. INDIA COMPOSITES IN PASSENGER RAIL MARKET, BY APPLICATION, 2024 - 2033 ($BILLION)
- TABLE 63. SOUTH KOREA COMPOSITES IN PASSENGER RAIL MARKET, BY TYPE, 2024 - 2033 ($BILLION)
- TABLE 64. SOUTH KOREA COMPOSITES IN PASSENGER RAIL MARKET, BY RESIN TYPE, 2024 - 2033 ($BILLION)
- TABLE 65. SOUTH KOREA COMPOSITES IN PASSENGER RAIL MARKET, BY APPLICATION, 2024 - 2033 ($BILLION)
- TABLE 66. AUSTRALIA COMPOSITES IN PASSENGER RAIL MARKET, BY TYPE, 2024 - 2033 ($BILLION)
- TABLE 67. AUSTRALIA COMPOSITES IN PASSENGER RAIL MARKET, BY RESIN TYPE, 2024 - 2033 ($BILLION)
- TABLE 68. AUSTRALIA COMPOSITES IN PASSENGER RAIL MARKET, BY APPLICATION, 2024 - 2033 ($BILLION)
- TABLE 69. REST OF ASIA-PACIFIC COMPOSITES IN PASSENGER RAIL MARKET, BY TYPE, 2024 - 2033 ($BILLION)
- TABLE 70. REST OF ASIA-PACIFIC COMPOSITES IN PASSENGER RAIL MARKET, BY RESIN TYPE, 2024 - 2033 ($BILLION)
- TABLE 71. REST OF ASIA-PACIFIC COMPOSITES IN PASSENGER RAIL MARKET, BY APPLICATION, 2024 - 2033 ($BILLION)
- TABLE 72. LAMEA COMPOSITES IN PASSENGER RAIL MARKET, BY COUNTRY, 2024 - 2033 ($BILLION)
- TABLE 73. LAMEA COMPOSITES IN PASSENGER RAIL MARKET, BY TYPE, 2024 - 2033 ($BILLION)
- TABLE 74. LAMEA COMPOSITES IN PASSENGER RAIL MARKET, BY RESIN TYPE, 2024 - 2033 ($BILLION)
- TABLE 75. LAMEA COMPOSITES IN PASSENGER RAIL MARKET, BY APPLICATION, 2024 - 2033 ($BILLION)
- TABLE 76. BRAZIL COMPOSITES IN PASSENGER RAIL MARKET, BY TYPE, 2024 - 2033 ($BILLION)
- TABLE 77. BRAZIL COMPOSITES IN PASSENGER RAIL MARKET, BY RESIN TYPE, 2024 - 2033 ($BILLION)
- TABLE 78. BRAZIL COMPOSITES IN PASSENGER RAIL MARKET, BY APPLICATION, 2024 - 2033 ($BILLION)
- TABLE 79. SOUTH AFRICA COMPOSITES IN PASSENGER RAIL MARKET, BY TYPE, 2024 - 2033 ($BILLION)
- TABLE 80. SOUTH AFRICA COMPOSITES IN PASSENGER RAIL MARKET, BY RESIN TYPE, 2024 - 2033 ($BILLION)
- TABLE 81. SOUTH AFRICA COMPOSITES IN PASSENGER RAIL MARKET, BY APPLICATION, 2024 - 2033 ($BILLION)
- TABLE 82. SAUDI ARABIA COMPOSITES IN PASSENGER RAIL MARKET, BY TYPE, 2024 - 2033 ($BILLION)
- TABLE 83. SAUDI ARABIA COMPOSITES IN PASSENGER RAIL MARKET, BY RESIN TYPE, 2024 - 2033 ($BILLION)
- TABLE 84. SAUDI ARABIA COMPOSITES IN PASSENGER RAIL MARKET, BY APPLICATION, 2024 - 2033 ($BILLION)
- TABLE 85. UAE COMPOSITES IN PASSENGER RAIL MARKET, BY TYPE, 2024 - 2033 ($BILLION)
- TABLE 86. UAE COMPOSITES IN PASSENGER RAIL MARKET, BY RESIN TYPE, 2024 - 2033 ($BILLION)
- TABLE 87. UAE COMPOSITES IN PASSENGER RAIL MARKET, BY APPLICATION, 2024 - 2033 ($BILLION)
- TABLE 88. REST OF LAMEA COMPOSITES IN PASSENGER RAIL MARKET, BY TYPE, 2024 - 2033 ($BILLION)
- TABLE 89. REST OF LAMEA COMPOSITES IN PASSENGER RAIL MARKET, BY RESIN TYPE, 2024 - 2033 ($BILLION)
- TABLE 90. REST OF LAMEA COMPOSITES IN PASSENGER RAIL MARKET, BY APPLICATION, 2024 - 2033 ($BILLION)
- TABLE 91. HEXCEL CORPORATION: KEY EXECUTIVES
- TABLE 92. HEXCEL CORPORATION: COMPANY SNAPSHOT
- TABLE 93. HEXCEL CORPORATION: OPERATING SEGMENTS
- TABLE 94. HEXCEL CORPORATION: PRODUCT PORTFOLIO
- TABLE 95. HEXCEL CORPORATION: KEY STRATEGIC MOVES AND DEVELOPMENTS
- TABLE 96. SOLVAY S.A.: KEY EXECUTIVES
- TABLE 97. SOLVAY S.A.: COMPANY SNAPSHOT
- TABLE 98. SOLVAY S.A.: OPERATING SEGMENTS
- TABLE 99. SOLVAY S.A.: PRODUCT PORTFOLIO
- TABLE 100. SOLVAY S.A.: KEY STRATEGIC MOVES AND DEVELOPMENTS
- TABLE 101. TORAY INDUSTRIES, INC.: KEY EXECUTIVES
- TABLE 102. TORAY INDUSTRIES, INC.: COMPANY SNAPSHOT
- TABLE 103. TORAY INDUSTRIES, INC.: OPERATING SEGMENTS
- TABLE 104. TORAY INDUSTRIES, INC.: PRODUCT PORTFOLIO
- TABLE 105. TORAY INDUSTRIES, INC.: KEY STRATEGIC MOVES AND DEVELOPMENTS
- TABLE 106. KAWASAKI HEAVY INDUSTRIES LTD: KEY EXECUTIVES
- TABLE 107. KAWASAKI HEAVY INDUSTRIES LTD: COMPANY SNAPSHOT
- TABLE 108. KAWASAKI HEAVY INDUSTRIES LTD: OPERATING SEGMENTS
- TABLE 109. KAWASAKI HEAVY INDUSTRIES LTD: PRODUCT PORTFOLIO
- TABLE 110. KAWASAKI HEAVY INDUSTRIES LTD: KEY STRATEGIC MOVES AND DEVELOPMENTS
- TABLE 111. TEIJIN LIMITED: KEY EXECUTIVES
- TABLE 112. TEIJIN LIMITED: COMPANY SNAPSHOT
- TABLE 113. TEIJIN LIMITED: OPERATING SEGMENTS
- TABLE 114. TEIJIN LIMITED: PRODUCT PORTFOLIO
- TABLE 115. TEIJIN LIMITED: KEY STRATEGIC MOVES AND DEVELOPMENTS
- TABLE 116. OWENS CORNING: KEY EXECUTIVES
- TABLE 117. OWENS CORNING: COMPANY SNAPSHOT
- TABLE 118. OWENS CORNING: OPERATING SEGMENTS
- TABLE 119. OWENS CORNING: PRODUCT PORTFOLIO
- TABLE 120. OWENS CORNING: KEY STRATEGIC MOVES AND DEVELOPMENTS
- TABLE 121. BASF SE: KEY EXECUTIVES
- TABLE 122. BASF SE: COMPANY SNAPSHOT
- TABLE 123. BASF SE: OPERATING SEGMENTS
- TABLE 124. BASF SE: PRODUCT PORTFOLIO
- TABLE 125. BASF SE: KEY STRATEGIC MOVES AND DEVELOPMENTS
- TABLE 126. MITSUBISHI RAYON CO., LTD.: KEY EXECUTIVES
- TABLE 127. MITSUBISHI RAYON CO., LTD.: COMPANY SNAPSHOT
- TABLE 128. MITSUBISHI RAYON CO., LTD.: OPERATING SEGMENTS
- TABLE 129. MITSUBISHI RAYON CO., LTD.: PRODUCT PORTFOLIO
- TABLE 130. MITSUBISHI RAYON CO., LTD.: KEY STRATEGIC MOVES AND DEVELOPMENTS
- TABLE 131. SGL CARBON: KEY EXECUTIVES
- TABLE 132. SGL CARBON: COMPANY SNAPSHOT
- TABLE 133. SGL CARBON: OPERATING SEGMENTS
- TABLE 134. SGL CARBON: PRODUCT PORTFOLIO
- TABLE 135. SGL CARBON: KEY STRATEGIC MOVES AND DEVELOPMENTS
- TABLE 136. ZOLTEK CORPORATION: KEY EXECUTIVES
- TABLE 137. ZOLTEK CORPORATION: COMPANY SNAPSHOT
- TABLE 138. ZOLTEK CORPORATION: OPERATING SEGMENTS
- TABLE 139. ZOLTEK CORPORATION: PRODUCT PORTFOLIO
- TABLE 140. ZOLTEK CORPORATION: KEY STRATEGIC MOVES AND DEVELOPMENTS
- LIST OF FIGURES
- FIGURE 1. GLOBAL COMPOSITES IN PASSENGER RAIL MARKET, 2024 - 2033
- FIGURE 2. SEGMENTATION OF COMPOSITES IN PASSENGER RAIL MARKET, 2024 - 2033
- FIGURE 3. TOP INVESTMENT POCKET IN COMPOSITES IN PASSENGER RAIL MARKET
- FIGURE 4. MODERATE BARGAINING POWER OF BUYERS
- FIGURE 5. MODERATE BARGAINING POWER OF SUPPLIERS
- FIGURE 6. MODERATE THREAT OF NEW ENTRANTS
- FIGURE 7. LOW THREAT OF SUBSTITUTION
- FIGURE 8. HIGH COMPETITIVE RIVALRY
- FIGURE 9. OPPORTUNITIES, RESTRAINTS AND DRIVERS: GLOBALCOMPOSITES IN PASSENGER RAIL MARKET
- FIGURE 10. GLOBAL COMPOSITES IN PASSENGER RAIL MARKET SEGMENTATION, BY TYPE
- FIGURE 11. COMPOSITES IN PASSENGER RAIL MARKET FOR CARBON FIBER, BY COUNTRY, 2024 - 2033 ($BILLION)
- FIGURE 12. COMPOSITES IN PASSENGER RAIL MARKET FOR GLASS FIBER, BY COUNTRY, 2024 - 2033 ($BILLION)
- FIGURE 13. COMPOSITES IN PASSENGER RAIL MARKET FOR OTHERS, BY COUNTRY, 2024 - 2033 ($BILLION)
- FIGURE 14. GLOBAL COMPOSITES IN PASSENGER RAIL MARKET SEGMENTATION, BY RESIN TYPE
- FIGURE 15. COMPOSITES IN PASSENGER RAIL MARKET FOR EPOXY RESIN, BY COUNTRY, 2024 - 2033 ($BILLION)
- FIGURE 16. COMPOSITES IN PASSENGER RAIL MARKET FOR POLYESTER, BY COUNTRY, 2024 - 2033 ($BILLION)
- FIGURE 17. COMPOSITES IN PASSENGER RAIL MARKET FOR PHENOLIC, BY COUNTRY, 2024 - 2033 ($BILLION)
- FIGURE 18. COMPOSITES IN PASSENGER RAIL MARKET FOR VINYL ESTER, BY COUNTRY, 2024 - 2033 ($BILLION)
- FIGURE 19. COMPOSITES IN PASSENGER RAIL MARKET FOR OTHERS, BY COUNTRY, 2024 - 2033 ($BILLION)
- FIGURE 20. GLOBAL COMPOSITES IN PASSENGER RAIL MARKET SEGMENTATION, BY APPLICATION
- FIGURE 21. COMPOSITES IN PASSENGER RAIL MARKET FOR INTERIOR, BY COUNTRY, 2024 - 2033 ($BILLION)
- FIGURE 22. COMPOSITES IN PASSENGER RAIL MARKET FOR EXTERIOR, BY COUNTRY, 2024 - 2033 ($BILLION)
- FIGURE 23. TOP WINNING STRATEGIES, BY YEAR, 2021-2023*
- FIGURE 24. TOP WINNING STRATEGIES, BY DEVELOPMENT, 2021-2023*
- FIGURE 25. TOP WINNING STRATEGIES, BY COMPANY, 2021-2023*
- FIGURE 26. PRODUCT MAPPING OF TOP 10 PLAYERS
- FIGURE 27. COMPETITIVE DASHBOARD
- FIGURE 28. COMPETITIVE HEATMAP: COMPOSITES IN PASSENGER RAIL MARKET
- FIGURE 29. TOP PLAYER POSITIONING, 2023
- FIGURE 30. HEXCEL CORPORATION: NET SALES, 2021-2023 ($BILLION)
- FIGURE 31. HEXCEL CORPORATION: REVENUE SHARE, BY SEGMENT, 2023 (%)
- FIGURE 32. HEXCEL CORPORATION: REVENUE SHARE, BY REGION, 2023 (%)
- FIGURE 33. SOLVAY S.A.: NET SALES, 2021-2023 ($BILLION)
- FIGURE 34. SOLVAY S.A.: REVENUE SHARE, BY SEGMENT, 2023 (%)
- FIGURE 35. SOLVAY S.A.: REVENUE SHARE, BY REGION, 2023 (%)
- FIGURE 36. TORAY INDUSTRIES, INC.: NET SALES, 2021-2023 ($BILLION)
- FIGURE 37. TORAY INDUSTRIES, INC.: REVENUE SHARE, BY SEGMENT, 2023 (%)
- FIGURE 38. TORAY INDUSTRIES, INC.: REVENUE SHARE, BY REGION, 2023 (%)
- FIGURE 39. KAWASAKI HEAVY INDUSTRIES LTD: NET SALES, 2021-2023 ($BILLION)
- FIGURE 40. KAWASAKI HEAVY INDUSTRIES LTD: REVENUE SHARE, BY SEGMENT, 2023 (%)
- FIGURE 41. KAWASAKI HEAVY INDUSTRIES LTD: REVENUE SHARE, BY REGION, 2023 (%)
- FIGURE 42. TEIJIN LIMITED: NET SALES, 2021-2023 ($BILLION)
- FIGURE 43. TEIJIN LIMITED: REVENUE SHARE, BY SEGMENT, 2023 (%)
- FIGURE 44. TEIJIN LIMITED: REVENUE SHARE, BY REGION, 2023 (%)
- FIGURE 45. OWENS CORNING: NET SALES, 2021-2023 ($BILLION)
- FIGURE 46. OWENS CORNING: REVENUE SHARE, BY SEGMENT, 2023 (%)
- FIGURE 47. OWENS CORNING: REVENUE SHARE, BY REGION, 2023 (%)
- FIGURE 48. BASF SE: NET SALES, 2021-2023 ($BILLION)
- FIGURE 49. BASF SE: REVENUE SHARE, BY SEGMENT, 2023 (%)
- FIGURE 50. BASF SE: REVENUE SHARE, BY REGION, 2023 (%)
- FIGURE 51. MITSUBISHI RAYON CO., LTD.: NET SALES, 2021-2023 ($BILLION)
- FIGURE 52. MITSUBISHI RAYON CO., LTD.: REVENUE SHARE, BY SEGMENT, 2023 (%)
- FIGURE 53. MITSUBISHI RAYON CO., LTD.: REVENUE SHARE, BY REGION, 2023 (%)
- FIGURE 54. SGL CARBON: NET SALES, 2021-2023 ($BILLION)
- FIGURE 55. SGL CARBON: REVENUE SHARE, BY SEGMENT, 2023 (%)
- FIGURE 56. SGL CARBON: REVENUE SHARE, BY REGION, 2023 (%)
- FIGURE 57. ZOLTEK CORPORATION: NET SALES, 2021-2023 ($BILLION)
- FIGURE 58. ZOLTEK CORPORATION: REVENUE SHARE, BY SEGMENT, 2023 (%)
- FIGURE 59. ZOLTEK CORPORATION: REVENUE SHARE, BY REGION, 2023 (%)
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