Railway Coatings Market, by Product Type (Primer, Base Coat, and Topcoat), by Coating Type (Electrocoat, Liquid Coating (Solvent-borne and Waterborne), and Powder Coating), by Application Area (Interior and Exterior), by Application (OEM and Refurbishment

Railway Coatings Market, by Product Type (Primer, Base Coat, and Topcoat), by Coating Type (Electrocoat, Liquid Coating (Solvent-borne and Waterborne), and Powder Coating), by Application Area (Interior and Exterior), by Application (OEM and Refurbishment), by End Use (Light Rail Vehicles, High Speed Railways, Locomotives, Metros, Regional Trains, Freight Wagons, and Others), and by Region (North America, Latin America, Asia Pacific, Europe, and Middle East & Africa) - Size, Share, Outlook, and Opportunity Analysis, 2022 - 2028

Multiple factors such as stray currents, salt, water, and moisture cause the corrosion of rails. Corrosion creates a high risk of damage to the rail parts. Moreover, rail corrosion weakens the foot of the rails as well. Railway coatings protects the rails from corrosion. Coatings used in the railway industry are waterproof as well as insulated. The coatings can be applied to all types of rails including flat bottom rails.
Market Dynamics
Repair and refurbishment of existing railways coupled with introduction of new railways is expected to provide potential opportunities for the railway coatings manufacturers. For instance, in April 2021, more than US$ 391 Mn was invested by the European Commission for an extension of Circumetnea railway in Sicily, Italy, so as to develop eight new stations and new trains. Development of new railways as well as funding by the government for railways development is expected to drive demand for rail cars and railway coatings globally.
Additionally, investment by the governments on repair and refurbishment of existing railways is also expected to drive demand for railway coating in near future. For instance, in August 2021, the U.S. Federal Railroad Administration granted US$ 272 Mn for the maintenance of railroad infrastructure. In March 2021, the German government announced an investment of US$ 1.09 Bn annually for maintaining rail network between 2020 and 2025. Such government investments are expected to drive the railway coatings market globally.
Key features of the study:
This report provides in-depth analysis of railway coatings market, and provides market size (US$ Mn and KT) and compound annual growth rate (CAGR %) for the forecast period (2022-2028), considering 2021 as the base year
It elucidates potential revenue opportunity across different segments and explains attractive investment proposition matrix for this market
This study also provides key insights about market drivers, restraints, opportunities, new product launches or approvals, regional outlook, and competitive strategies adopted by key players
It profiles key players in the global railway coatings market based on the following parameters – company overview, financial performance, product portfolio, geographical presence, distribution strategies, key developments and strategies, and future plans
Key companies covered as a part of this study include Akzo Nobel N.V., The Sherwin-Williams Co., Axalta Coating Systems, Weilburger Coatings GmbH, Hempel A/S, HSH Railway Finishes, PPG Industries, Inc., HELIOS, Teknos Group, and Nipsea Group
Insights from this report would allow marketers and management authorities of companies to make informed decision regarding future products launches, technology up gradation, market expansion, and marketing tactics
The global railway coatings market report caters to various stakeholders in this industry including investors, suppliers, railway coatings manufacturers, distributors, new entrants, and financial analysts
Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the global railway coatings market
Detailed Segmentation:
Global Railway Coatings Market, By Product Type:
Primer
Base Coat
Topcoat
Global Railway Coatings Market, By Coating Type:
Electrocoat
Liquid Coating
Solvent-borne
Waterborne
Powder Coating
Global Railway Coatings Market, By Application Area:
Interior
Exterior
Global Railway Coatings Market, By Application:
OEM
Refurbishment
Global Railway Coatings Market, By End Use:
Light Rail Vehicles
High Speed Railways
Locomotives
Metros
Regional Trains
Freight Wagons
Others
Global Railway Coatings Market, By Region:
North America
U.S.
By Product Type:
Primer
Base Coat
Topcoat
By Coating Type:
Electrocoat
Liquid Coating
Solvent-borne
Waterborne
Powder Coating
By Application Area:
Interior
Exterior
By Application:
OEM
Refurbishment
By End Use:
Light Rail Vehicles
High Speed Railways
Locomotives
Metros
Regional Trains
Freight Wagons
Others
Canada
By Product Type:
Primer
Base Coat
Topcoat
By Coating Type:
Electrocoat
Liquid Coating
Solvent-borne
Waterborne
Powder Coating
By Application Area:
Interior
Exterior
By Application:
OEM
Refurbishment
By End Use:
Light Rail Vehicles
High Speed Railways
Locomotives
Metros
Regional Trains
Freight Wagons
Others
Europe
U.K.
By Product Type:
Primer
Base Coat
Topcoat
By Coating Type:
Electrocoat
Liquid Coating
Solvent-borne
Waterborne
Powder Coating
By Application Area:
Interior
Exterior
By Application:
OEM
Refurbishment
By End Use:
Light Rail Vehicles
High Speed Railways
Locomotives
Metros
Regional Trains
Freight Wagons
Others
Italy
By Product Type:
Primer
Base Coat
Topcoat
By Coating Type:
Electrocoat
Liquid Coating
Solvent-borne
Waterborne
Powder Coating
By Application Area:
Interior
Exterior
By Application:
OEM
Refurbishment
By End Use:
Light Rail Vehicles
High Speed Railways
Locomotives
Metros
Regional Trains
Freight Wagons
Others
France
By Product Type:
Primer
Base Coat
Topcoat
By Coating Type:
Electrocoat
Liquid Coating
Solvent-borne
Waterborne
Powder Coating
By Application Area:
Interior
Exterior
By Application:
OEM
Refurbishment
By End Use:
Light Rail Vehicles
High Speed Railways
Locomotives
Metros
Regional Trains
Freight Wagons
Others
Germany
By Product Type:
Primer
Base Coat
Topcoat
By Coating Type:
Electrocoat
Liquid Coating
Solvent-borne
Waterborne
Powder Coating
By Application Area:
Interior
Exterior
By Application:
OEM
Refurbishment
By End Use:
Light Rail Vehicles
High Speed Railways
Locomotives
Metros
Regional Trains
Freight Wagons
Others
Spain
By Product Type:
Primer
Base Coat
Topcoat
By Coating Type:
Electrocoat
Liquid Coating
Solvent-borne
Waterborne
Powder Coating
By Application Area:
Interior
Exterior
By Application:
OEM
Refurbishment
By End Use:
Light Rail Vehicles
High Speed Railways
Locomotives
Metros
Regional Trains
Freight Wagons
Others
Russia
By Product Type:
Primer
Base Coat
Topcoat
By Coating Type:
Electrocoat
Liquid Coating
Solvent-borne
Waterborne
Powder Coating
By Application Area:
Interior
Exterior
By Application:
OEM
Refurbishment
By End Use:
Light Rail Vehicles
High Speed Railways
Locomotives
Metros
Regional Trains
Freight Wagons
Others
Rest of Europe
By Product Type:
Primer
Base Coat
Topcoat
By Coating Type:
Electrocoat
Liquid Coating
Solvent-borne
Waterborne
Powder Coating
By Application Area:
Interior
Exterior
By Application:
OEM
Refurbishment
By End Use:
Light Rail Vehicles
High Speed Railways
Locomotives
Metros
Regional Trains
Freight Wagons
Others
Asia Pacific
China
By Product Type:
Primer
Base Coat
Topcoat
By Coating Type:
Electrocoat
Liquid Coating
Solvent-borne
Waterborne
Powder Coating
By Application Area:
Interior
Exterior
By Application:
OEM
Refurbishment
By End Use:
Light Rail Vehicles
High Speed Railways
Locomotives
Metros
Regional Trains
Freight Wagons
Others
India
By Product Type:
Primer
Base Coat
Topcoat
By Coating Type:
Electrocoat
Liquid Coating
Solvent-borne
Waterborne
Powder Coating
By Application Area:
Interior
Exterior
By Application:
OEM
Refurbishment
By End Use:
Light Rail Vehicles
High Speed Railways
Locomotives
Metros
Regional Trains
Freight Wagons
Others
Japan
By Product Type:
Primer
Base Coat
Topcoat
By Coating Type:
Electrocoat
Liquid Coating
Solvent-borne
Waterborne
Powder Coating
By Application Area:
Interior
Exterior
By Application:
OEM
Refurbishment
By End Use:
Light Rail Vehicles
High Speed Railways
Locomotives
Metros
Regional Trains
Freight Wagons
Others
ASEAN
By Product Type:
Primer
Base Coat
Topcoat
By Coating Type:
Electrocoat
Liquid Coating
Solvent-borne
Waterborne
Powder Coating
By Application Area:
Interior
Exterior
By Application:
OEM
Refurbishment
By End Use:
Light Rail Vehicles
High Speed Railways
Locomotives
Metros
Regional Trains
Freight Wagons
Others
Australia
By Product Type:
Primer
Base Coat
Topcoat
By Coating Type:
Electrocoat
Liquid Coating
Solvent-borne
Waterborne
Powder Coating
By Application Area:
Interior
Exterior
By Application:
OEM
Refurbishment
By End Use:
Light Rail Vehicles
High Speed Railways
Locomotives
Metros
Regional Trains
Freight Wagons
Others
Rest of Asia Pacific
By Product Type:
Primer
Base Coat
Topcoat
By Coating Type:
Electrocoat
Liquid Coating
Solvent-borne
Waterborne
Powder Coating
By Application Area:
Interior
Exterior
By Application:
OEM
Refurbishment
By End Use:
Light Rail Vehicles
High Speed Railways
Locomotives
Metros
Regional Trains
Freight Wagons
Others
Latin America
Brazil
By Product Type:
Primer
Base Coat
Topcoat
By Coating Type:
Electrocoat
Liquid Coating
Solvent-borne
Waterborne
Powder Coating
By Application Area:
Interior
Exterior
By Application:
OEM
Refurbishment
By End Use:
Light Rail Vehicles
High Speed Railways
Locomotives
Metros
Regional Trains
Freight Wagons
Others
Argentina
By Product Type:
Primer
Base Coat
Topcoat
By Coating Type:
Electrocoat
Liquid Coating
Solvent-borne
Waterborne
Powder Coating
By Application Area:
Interior
Exterior
By Application:
OEM
Refurbishment
By End Use:
Light Rail Vehicles
High Speed Railways
Locomotives
Metros
Regional Trains
Freight Wagons
Others
Mexico
By Product Type:
Primer
Base Coat
Topcoat
By Coating Type:
Electrocoat
Liquid Coating
Solvent-borne
Waterborne
Powder Coating
By Application Area:
Interior
Exterior
By Application:
OEM
Refurbishment
By End Use:
Light Rail Vehicles
High Speed Railways
Locomotives
Metros
Regional Trains
Freight Wagons
Others
Rest of Latin America
By Product Type:
Primer
Base Coat
Topcoat
By Coating Type:
Electrocoat
Liquid Coating
Solvent-borne
Waterborne
Powder Coating
By Application Area:
Interior
Exterior
By Application:
OEM
Refurbishment
By End Use:
Light Rail Vehicles
High Speed Railways
Locomotives
Metros
Regional Trains
Freight Wagons
Others
Middle East & Africa
Middle East
By Product Type:
Primer
Base Coat
Topcoat
By Coating Type:
Electrocoat
Liquid Coating
Solvent-borne
Waterborne
Powder Coating
By Application Area:
Interior
Exterior
By Application:
OEM
Refurbishment
By End Use:
Light Rail Vehicles
High Speed Railways
Locomotives
Metros
Regional Trains
Freight Wagons
Others
Africa
By Product Type:
Primer
Base Coat
Topcoat
By Coating Type:
Electrocoat
Liquid Coating
Solvent-borne
Waterborne
Powder Coating
By Application Area:
Interior
Exterior
By Application:
OEM
Refurbishment
By End Use:
Light Rail Vehicles
High Speed Railways
Locomotives
Metros
Regional Trains
Freight Wagons
Others
Company Profiles
Akzo Nobel N.V. *
Company Overview
Product Portfolio
Financial Performance
Key Strategies
Recent Developments
Future Plans
The Sherwin-Williams Co.
Axalta Coating Systems
Weilburger Coatings GmbH
Hempel A/S
HSH Railway Finishes
PPG Industries, Inc.
HELIOS
Teknos Group
Nipsea Group
“*” marked represents similar segmentation in other categories in the respective section.