Market Overview:
The global rail adhesives market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in the market can be attributed to the increasing demand for rail transportation across the globe and rising investments in railway infrastructure projects. In terms of type, water-based dispersion adhesive is expected to lead the market during the forecast period, followed by non-reactive based adhesive and solvent based adhesive. In terms of application, rail maintenance is expected to lead the market during the forecast period, followed by rail construction.
Product Definition:
Rail adhesives are typically used to bond the rail to the sleeper. Rail adhesives are important because they provide a means of attaching the rail to the sleeper, which helps to ensure that the track remains in place.
Water-based Dispersion Adhesive:
Water-based dispersion adhesive is a type of synthetic rubber that has properties similar to natural rubber. It can be used in place of natural adhesives such as hot melt and solvent-borne adhesives. Water-based dispersion adhesive offers several advantages over other types of adhesives including high bond strength, excellent thermal resistance, and the ability to bond on various substrates such as metal, plastic & glass, paper & cardboard and leather.
Non-Reactive Based Adhesive:
Non-reactive based adhesives are also known as passive or cold adhesives. They do not burn or melt when heated and remain flexible at both room temperature and heat temperature. These products are widely used in rail track systems, flooring systems, furniture & bedding applications owing to their excellent properties such as high bond strength, low volatile organic compound (VOC) content along with a longer product life cycle than other traditional hot melts.
Application Insights:
The rail maintenance segment dominated the global market in 2017 and is expected to witness significant growth over the forecast period. The growing railway infrastructure across developed economies of North America and Europe is anticipated to drive demand for adhesives in this region. In addition, increasing utilization of these products in refurbishment & restoration projects of railways across various regions including North America, Europe, Asia Pacific and Middle East & Africa is projected to propel industry growth over the next eight years.
The application of adhesive for manufacturing new railway car bodies or components such as trucks, bogies etc., seating arrangement (including chairs), interior decoration (cabin interiors) on a train has increased significantly owing to its lightweight properties along with durability features required in a premium class travel experience by passengers worldwide.
Regional Analysis:
Asia Pacific dominated the global rail adhesives market in 2016 and is expected to continue its dominance over the forecast period. The growth of this region can be attributed to increasing infrastructure activities coupled with growing demand for high-quality products from emerging economies such as China, India, Indonesia, Vietnam and Thailand. In addition, rising disposable income levels are anticipated to drive the regional market further.
The Asia Pacific is also likely to emerge as a lucrative destination for foreign manufacturers owing to low labor costs along with easy access to raw materials such as wood and metal among others. Furthermore, government initiatives encouraging FDI through tax benefits are projected favorably impact industry participants in near future.
Growth Factors:
- Increasing demand for lightweight and fuel-efficient vehicles
- Rising demand from the construction and automotive industries
- Growing popularity of rail transportation systems
- Technological advancements in adhesive products and processes
- Stringent environmental regulations
Scope Of The Report
Report Attributes
Report Details
Report Title
Rail Adhesives Market Research Report
By Type
Water-based Dispersion Adhesive, Non-Reactive Based Adhesive, Solvent Based Adhesive, Others
By Application
Rail Maintenance, Rail Construction
By Companies
Hankel, H.B. Fuller, Arkema, Sika, Dow Consumer Solutions, Huntsman, LORD Corporation, PPG Industries, Ashland, Jowat, Avery Dennison, Lamosa, ThreeBond, EMS Group, Kleiberit, tesa SE
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
160
Number of Tables & Figures
112
Customization Available
Yes, the report can be customized as per your need.
Global Rail Adhesives Market Report Segments:
The global Rail Adhesives market is segmented on the basis of:
Types
Water-based Dispersion Adhesive, Non-Reactive Based Adhesive, Solvent Based Adhesive, Others
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Rail Maintenance, Rail Construction
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Hankel
- H.B. Fuller
- Arkema
- Sika
- Dow Consumer Solutions
- Huntsman
- LORD Corporation
- PPG Industries
- Ashland
- Jowat
- Avery Dennison
- Lamosa
- ThreeBond
- EMS Group
- Kleiberit
- tesa SE
Highlights of The Rail Adhesives Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Water-based Dispersion Adhesive
- Non-Reactive Based Adhesive
- Solvent Based Adhesive
- Others
- By Application:
- Rail Maintenance
- Rail Construction
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Rail Adhesives Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
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- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Rail adhesives are a type of adhesive that is used to attach railings and other metal components to concrete or masonry surfaces. Rail adhesives are typically made from a mixture of epoxy and polyurethane, and they can be applied using a gun, sprayer, or brush.
Some of the key players operating in the rail adhesives market are Hankel, H.B. Fuller, Arkema, Sika, Dow Consumer Solutions, Huntsman, LORD Corporation, PPG Industries, Ashland, Jowat, Avery Dennison, Lamosa, ThreeBond, EMS Group, Kleiberit, tesa SE.
The rail adhesives market is expected to register a CAGR of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Rail Adhesives Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Rail Adhesives Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Rail Adhesives Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Rail Adhesives Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Rail Adhesives Market Size & Forecast, 2018-2028
4.5.1 Rail Adhesives Market Size and Y-o-Y Growth
4.5.2 Rail Adhesives Market Absolute $ Opportunity
Chapter 5 Global Rail Adhesives Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Rail Adhesives Market Size Forecast by Type
5.2.1 Water-based Dispersion Adhesive
5.2.2 Non-Reactive Based Adhesive
5.2.3 Solvent Based Adhesive
5.2.4 Others
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Rail Adhesives Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Rail Adhesives Market Size Forecast by Applications
6.2.1 Rail Maintenance
6.2.2 Rail Construction
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Rail Adhesives Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Rail Adhesives Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Rail Adhesives Analysis and Forecast
9.1 Introduction
9.2 North America Rail Adhesives Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Rail Adhesives Market Size Forecast by Type
9.6.1 Water-based Dispersion Adhesive
9.6.2 Non-Reactive Based Adhesive
9.6.3 Solvent Based Adhesive
9.6.4 Others
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Rail Adhesives Market Size Forecast by Applications
9.10.1 Rail Maintenance
9.10.2 Rail Construction
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Rail Adhesives Analysis and Forecast
10.1 Introduction
10.2 Europe Rail Adhesives Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Rail Adhesives Market Size Forecast by Type
10.6.1 Water-based Dispersion Adhesive
10.6.2 Non-Reactive Based Adhesive
10.6.3 Solvent Based Adhesive
10.6.4 Others
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Rail Adhesives Market Size Forecast by Applications
10.10.1 Rail Maintenance
10.10.2 Rail Construction
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Rail Adhesives Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Rail Adhesives Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Rail Adhesives Market Size Forecast by Type
11.6.1 Water-based Dispersion Adhesive
11.6.2 Non-Reactive Based Adhesive
11.6.3 Solvent Based Adhesive
11.6.4 Others
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Rail Adhesives Market Size Forecast by Applications
11.10.1 Rail Maintenance
11.10.2 Rail Construction
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Rail Adhesives Analysis and Forecast
12.1 Introduction
12.2 Latin America Rail Adhesives Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Rail Adhesives Market Size Forecast by Type
12.6.1 Water-based Dispersion Adhesive
12.6.2 Non-Reactive Based Adhesive
12.6.3 Solvent Based Adhesive
12.6.4 Others
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Rail Adhesives Market Size Forecast by Applications
12.10.1 Rail Maintenance
12.10.2 Rail Construction
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Rail Adhesives Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Rail Adhesives Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Rail Adhesives Market Size Forecast by Type
13.6.1 Water-based Dispersion Adhesive
13.6.2 Non-Reactive Based Adhesive
13.6.3 Solvent Based Adhesive
13.6.4 Others
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Rail Adhesives Market Size Forecast by Applications
13.10.1 Rail Maintenance
13.10.2 Rail Construction
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Rail Adhesives Market: Competitive Dashboard
14.2 Global Rail Adhesives Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Hankel
14.3.2 H.B. Fuller
14.3.3 Arkema
14.3.4 Sika
14.3.5 Dow Consumer Solutions
14.3.6 Huntsman
14.3.7 LORD Corporation
14.3.8 PPG Industries
14.3.9 Ashland
14.3.10 Jowat
14.3.11 Avery Dennison
14.3.12 Lamosa
14.3.13 ThreeBond
14.3.14 EMS Group
14.3.15 Kleiberit
14.3.16 tesa SE
