Global Railroad Tie Plate Market 2025 by Manufacturers, Regions, Type and Application, Forecast to 2031

Global Railroad Tie Plate Market 2025 by Manufacturers, Regions, Type and Application, Forecast to 2031

According to our (Global Info Research) latest study, the global Railroad Tie Plate market size was valued at US$ 95.2 million in 2024 and is forecast to a readjusted size of USD 142 million by 2031 with a CAGR of 5.7% during review period.

A railroad tie plate is a thick steel panel which sits between the tracks and rail ties (or called rail sleepers) on a standard railroad track. Railroad tie plates are generally tapered at each end to improve stability and reduce torsion and twisting along the tracks. Rails installed with tie plates are better able to maintain their position, which helps to standardize the width, or gauge, of the track along its length. During the railway construction, engineers and rail workers use railroad tie plates to prolong the lifespan of a new track installation, which promise safety for passengers and railway workers as maximum as possible.

The core manufacturers of the global Railroad Tie Plate include Beijing Railway Shougang Rail Technology Co., LTD., Vossloh and Hebei Yichen Industrial Group Co., LTD. The top three companies have a market share of about 28%. The Asia Pacific region is the world's largest Railroad Tie Plate market with a market share of about 65%, followed by the United States and Europe with a market share of 19% and 13%, respectively. In terms of product type, Casting Railroad Tie Plate Is the largest segment with approximately 53% of the market share. In terms of application, OEM is the largest downstream segment, accounting for about 88% of the market.

This report is a detailed and comprehensive analysis for global Railroad Tie Plate market. Both quantitative and qualitative analyses are presented by manufacturers, by region & country, by Type and by Application. As the market is constantly changing, this report explores the competition, supply and demand trends, as well as key factors that contribute to its changing demands across many markets. Company profiles and product examples of selected competitors, along with market share estimates of some of the selected leaders for the year 2025, are provided.

Key Features:

Global Railroad Tie Plate market size and forecasts, in consumption value ($ Million), sales quantity (K Units), and average selling prices (US$/K Units), 2020-2031

Global Railroad Tie Plate market size and forecasts by region and country, in consumption value ($ Million), sales quantity (K Units), and average selling prices (US$/K Units), 2020-2031

Global Railroad Tie Plate market size and forecasts, by Type and by Application, in consumption value ($ Million), sales quantity (K Units), and average selling prices (US$/K Units), 2020-2031

Global Railroad Tie Plate market shares of main players, shipments in revenue ($ Million), sales quantity (K Units), and ASP (US$/K Units), 2020-2025

The Primary Objectives in This Report Are:

To determine the size of the total market opportunity of global and key countries

To assess the growth potential for Railroad Tie Plate

To forecast future growth in each product and end-use market

To assess competitive factors affecting the marketplace

This report profiles key players in the global Railroad Tie Plate market based on the following parameters - company overview, sales quantity, revenue, price, gross margin, product portfolio, geographical presence, and key developments. Key companies covered as a part of this study include Tieke Shougang Railway-Tech, Vossloh, Hebei Yichen Industrial Group, Arkansas Steel Associates, Gem-year Industrial, Central Plains Leader Railway Track Technology, L.B. Foster Company, ArcelorMittal, A&K Railroad Materials, Pandrol, etc.

This report also provides key insights about market drivers, restraints, opportunities, new product launches or approvals.

Market Segmentation

Railroad Tie Plate market is split by Type and by Application. For the period 2020-2031, the growth among segments provides accurate calculations and forecasts for consumption value by Type, and by Application in terms of volume and value. This analysis can help you expand your business by targeting qualified niche markets.

Market segment by Type
Rolling Railroad Tie Plate
Forging Railroad Tie Plate
Casting Railroad Tie Plate

Market segment by Application
OEM
Aftermarket

Major players covered
Tieke Shougang Railway-Tech
Vossloh
Hebei Yichen Industrial Group
Arkansas Steel Associates
Gem-year Industrial
Central Plains Leader Railway Track Technology
L.B. Foster Company
ArcelorMittal
A&K Railroad Materials
Pandrol
NINGENMURA COMPANY
Henan Xinda Railway Equipment
Anyang General International
Shanghai Suyu Railway Material

Market segment by region, regional analysis covers

North America (United States, Canada, and Mexico)

Europe (Germany, France, United Kingdom, Russia, Italy, and Rest of Europe)

Asia-Pacific (China, Japan, Korea, India, Southeast Asia, and Australia)

South America (Brazil, Argentina, Colombia, and Rest of South America)

Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa, and Rest of Middle East & Africa)

The content of the study subjects, includes a total of 15 chapters:

Chapter 1, to describe Railroad Tie Plate product scope, market overview, market estimation caveats and base year.

Chapter 2, to profile the top manufacturers of Railroad Tie Plate, with price, sales quantity, revenue, and global market share of Railroad Tie Plate from 2020 to 2025.

Chapter 3, the Railroad Tie Plate competitive situation, sales quantity, revenue, and global market share of top manufacturers are analyzed emphatically by landscape contrast.

Chapter 4, the Railroad Tie Plate breakdown data are shown at the regional level, to show the sales quantity, consumption value, and growth by regions, from 2020 to 2031.

Chapter 5 and 6, to segment the sales by Type and by Application, with sales market share and growth rate by Type, by Application, from 2020 to 2031.

Chapter 7, 8, 9, 10 and 11, to break the sales data at the country level, with sales quantity, consumption value, and market share for key countries in the world, from 2020 to 2025.and Railroad Tie Plate market forecast, by regions, by Type, and by Application, with sales and revenue, from 2026 to 2031.

Chapter 12, market dynamics, drivers, restraints, trends, and Porters Five Forces analysis.

Chapter 13, the key raw materials and key suppliers, and industry chain of Railroad Tie Plate.

Chapter 14 and 15, to describe Railroad Tie Plate sales channel, distributors, customers, research findings and conclusion.