Market Overview:
The global wooden railway ties 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 railway transportation and rising investments in infrastructure development across the globe. In terms of type, the hardwood sleepers segment is expected to dominate the market during the forecast period, owing to its superior properties such as durability and strength as compared to softwood sleepers. In terms of application, railway transportation is expected to be one of the key drivers for growth in this market duringthe forecast period.
Product Definition:
Railroad ties are wooden blocks that are used to support railroad tracks. They are typically made from treated lumber, which helps to protect them from decay and insects. Railroad ties help to keep the track in place and provide a stable surface for trains to travel on.
Hardwood Sleepers:
Hardwood sleepers are made of solid wood and are used to make railway ties. The growth factor in the market is increasing demand for wooden railway tie from the construction sector, as they provide a better surface finish than steel or concrete sleepers. Wooden Sleepers have several advantages over their counterparts; it has less wear & tear, no maintenance cost, and can be recycled after a period of time. Moreover these products also add an aesthetic value to any project due to their natural appearance.
Softwood Sleepers:
Softwood sleepers are the softest form of wood and it is widely used in railway tie production. It has high durability, strength, and impact resistance properties. Softwood is also known as living or green wood which can be cut from a tree without killing the tree.
Application Insights:
Railway was the largest application segment in 2017 and is projected to witness significant growth over the forecast period. Railway ties are widely used in railway construction for stabilizing rails, binding rails together, and strengthening rail tracks. Strictly speaking, railway tie is a wooden rail that connects two railroad cars or wagons together; however, due to widespread usage of the product for different applications in land transportation as well as civil engineering sectors, it has been included under the broader term of railway ties.
The mine application segment is expected to expand at a CAGR of XX% from 2018 to 2030 owing to increasing demand from various mines across various regions globally.
Regional Analysis:
Asia Pacific dominated the global market in 2017 and is expected to continue its dominance over the forecast period. The growth of this region can be attributed to increasing railway infrastructure development coupled with rising passenger traffic in countries, such as China, India, Japan and Thailand. In addition, increasing use of wooden ties for landscape decoration is also expected to drive regional product demand.
The European market was valued at USD X million in 2017 owing to high demand from Germany and Italy on account of increased railway infrastructure activities coupled with growing tourism industry. Moreover, softwood sleeper ties are gradually replacing hardwood sleepers due to their better characteristics as a result of which Europe wooden railway tie market is expected witness significant growth over the forecast period.
Growth Factors:
- Increasing demand for railway transportation in developing countries
- Growing investments in railway infrastructure
- Proliferation of high-speed railways
- Rising demand for recycled wooden railway ties
- Technological advancements in production of wooden railway ties
Scope Of The Report
Report Attributes
Report Details
Report Title
Wooden Railway Ties Market Research Report
By Type
Hardwood Sleepers, Softwood Sleepers
By Application
Railway, Mine, Landscape Decoration, Others
By Companies
Stella-Jones, Koppers, Biatec Group (Quercus), Jingzhou Fengyuan, TieTek, ESENTZE, QuayTimber, UK Timber Ltd
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
250
Number of Tables & Figures
175
Customization Available
Yes, the report can be customized as per your need.
Global Wooden Railway Ties Market Report Segments:
The global Wooden Railway Ties market is segmented on the basis of:
Types
Hardwood Sleepers, Softwood Sleepers
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
Railway, Mine, Landscape Decoration, Others
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:
- Stella-Jones
- Koppers
- Biatec Group (Quercus)
- Jingzhou Fengyuan
- TieTek
- ESENTZE
- QuayTimber
- UK Timber Ltd
Highlights of The Wooden Railway Ties 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:
- Hardwood Sleepers
- Softwood Sleepers
- By Application:
- Railway
- Mine
- Landscape Decoration
- Others
- 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 Wooden Railway Ties 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.
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- Correctly Positioning New Products
- Market Entry Strategies
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- Consumer Insights
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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?
Wooden Railway ties are a type of railroad tie made from wooden boards. They are used to connect the rails of a railway track.
Some of the key players operating in the wooden railway ties market are Stella-Jones, Koppers, Biatec Group (Quercus), Jingzhou Fengyuan, TieTek, ESENTZE, QuayTimber, UK Timber Ltd.
The wooden railway ties market is expected to register a CAGR of 5.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Wooden Railway Ties Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Wooden Railway Ties Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Wooden Railway Ties Market - Supply Chain
4.5. Global Wooden Railway Ties Market Forecast
4.5.1. Wooden Railway Ties Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Wooden Railway Ties Market Size (000 Units) and Y-o-Y Growth
4.5.3. Wooden Railway Ties Market Absolute $ Opportunity
5. Global Wooden Railway Ties Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Wooden Railway Ties Market Size and Volume Forecast by Type
5.3.1. Hardwood Sleepers
5.3.2. Softwood Sleepers
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Wooden Railway Ties Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Wooden Railway Ties Market Size and Volume Forecast by Application
6.3.1. Railway
6.3.2. Mine
6.3.3. Landscape Decoration
6.3.4. Others
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Wooden Railway Ties Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Wooden Railway Ties Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Wooden Railway Ties Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Wooden Railway Ties Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Wooden Railway Ties Demand Share Forecast, 2019-2026
9. North America Wooden Railway Ties Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Wooden Railway Ties Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Wooden Railway Ties Market Size and Volume Forecast by Application
9.4.1. Railway
9.4.2. Mine
9.4.3. Landscape Decoration
9.4.4. Others
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Wooden Railway Ties Market Size and Volume Forecast by Type
9.7.1. Hardwood Sleepers
9.7.2. Softwood Sleepers
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Wooden Railway Ties Demand Share Forecast, 2019-2026
10. Latin America Wooden Railway Ties Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Wooden Railway Ties Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Wooden Railway Ties Market Size and Volume Forecast by Application
10.4.1. Railway
10.4.2. Mine
10.4.3. Landscape Decoration
10.4.4. Others
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Wooden Railway Ties Market Size and Volume Forecast by Type
10.7.1. Hardwood Sleepers
10.7.2. Softwood Sleepers
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Wooden Railway Ties Demand Share Forecast, 2019-2026
11. Europe Wooden Railway Ties Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Wooden Railway Ties Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Wooden Railway Ties Market Size and Volume Forecast by Application
11.4.1. Railway
11.4.2. Mine
11.4.3. Landscape Decoration
11.4.4. Others
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Wooden Railway Ties Market Size and Volume Forecast by Type
11.7.1. Hardwood Sleepers
11.7.2. Softwood Sleepers
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Wooden Railway Ties Demand Share, 2019-2026
12. Asia Pacific Wooden Railway Ties Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Wooden Railway Ties Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Wooden Railway Ties Market Size and Volume Forecast by Application
12.4.1. Railway
12.4.2. Mine
12.4.3. Landscape Decoration
12.4.4. Others
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Wooden Railway Ties Market Size and Volume Forecast by Type
12.7.1. Hardwood Sleepers
12.7.2. Softwood Sleepers
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Wooden Railway Ties Demand Share, 2019-2026
13. Middle East & Africa Wooden Railway Ties Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Wooden Railway Ties Market Size and Volume 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. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Wooden Railway Ties Market Size and Volume Forecast by Application
13.4.1. Railway
13.4.2. Mine
13.4.3. Landscape Decoration
13.4.4. Others
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Wooden Railway Ties Market Size and Volume Forecast by Type
13.7.1. Hardwood Sleepers
13.7.2. Softwood Sleepers
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Wooden Railway Ties Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Wooden Railway Ties Market: Market Share Analysis
14.2. Wooden Railway Ties Distributors and Customers
14.3. Wooden Railway Ties Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Stella-Jones
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Koppers
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Biatec Group (Quercus)
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Jingzhou Fengyuan
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. TieTek
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. ESENTZE
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. QuayTimber
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. UK Timber Ltd
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. COMPANY9
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. COMPANY 10
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. COMPANY 11
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. COMPANY 12
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. COMPANY 13
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. COMPANY 14
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. COMPANY 15
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. COMPANY 16
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook
