"Innovative Market Solutions to Help Businesses Make Informed Decisions"
A railroad tie is also called a railway sleeper. It is a rectangular block component, which is always laying between ballast bed and the rail to keep the correct space of gauge. It is available in different types such as a wooden tie, concrete tie, and steel tie. The railroad ties are used to fix the track position, which prevents the track from moving when the train is running. It also decreases the steel rail's pressure on the ballast bed and increases the force area. The railroad ties are resistant to moisture, weather, and immune towards infestation by insects. These properties surge its demands in train and subway applications.
The rising demand for the concrete tie in the train application will surge the market expansion. The concrete ties are made of sand, cement, gravel, and rebar. It has a greater weight, which aids concrete ties to remain in the same position for longer time. It is easier to produceand require less maintenance than timber. Further, the concrete tie offers beneficial properties such as long service life, high stability, low maintenance workload, and low damage rate. It is also resistant to extreme weather conditions and moisture. These factors increase the demand for concrete ties in train applications, which further fuel the railroad tie market growth.
However, railroad tie is is treated with chemical preservatives, which include creosote and chromated copper arsenate. These chemicals can affect the soil and also kills insects, plants, and small animals. This further restricts the use of railroad ties in variousapplications, which is anticipated to hamper the market growth.
Key Market Driver -
Rising demand for concrete tie in the train application to drive the market growth
Key Market Restraint -
Hazardous impact of concrete tie to restrict the market growth
Based on type, the railroad tie market is segmented into wooden tie, concrete tie, steel tie, and other. Based on application, the market is segmented into train, subway, and other. From a geographical standpoint, the market is categorized into North America, Europe, Asia Pacific, Latin America, and the Middle East & Africa.
The key players in the railroad tie market includes Austrak Pty Ltd, Vossloh, Lankhorst Mouldings, AGICO GROUP, Peterson Astec Industries Inc, Tank Fab, Koppers Inc., A&K Railroad Materials, Inc., Nisus Corporation., BRIDGEWELL RESOURCES, Gross & Janes Corporation, Sannosuke Kobayashi Co. Ltd., and IntegriCo.
North America is expected to witness significant growth in the railroad tie market during the forecast period. The growth is attributed to the increasing demand for concrete railroad ties in the rail application. The rising adoption of steel tie in railway industry has fueled the market in Europe, in which Germany is the leading country. The market is Asia Pacific will grow owing to the rising demand for wooden tie in subway application. The Middle East & Africa is anticipated to witness sustainable growth, due to the increasing railway infrastructure activities in the region.
To gain extensive insights into the market, Request for Customization
“We are happy with the professionalism of your in-house research team as well as the quality of your research reports. Looking forward to work together on similar projects”- One of the Leading Food Companies in Germany
“We appreciate the teamwork and efficiency for such an exhaustive and comprehensive report. The data offered to us was exactly what we were looking for. Thank you!”- Intuitive Surgical
“I recommend Fortune Business Insights for their honesty and flexibility. Not only that they were very responsive and dealt with all my questions very quickly but they also responded honestly and flexibly to the detailed requests from us in preparing the research report. We value them as a research company worthy of building long-term relationships.”- Major Food Company in Japan
“Well done Fortune Business Insights! The report covered all the points and was very detailed. Looking forward to work together in the future”- Ziering Medical
“It has been a delightful experience working with you guys. Thank you Fortune Business Insights for your efforts and prompt response”- Major Manufacturer of Precision Machine Parts in India
“I had a great experience working with Fortune Business Insights. The report was very accurate and as per my requirements. Very satisfied with the overall report as it has helped me to build strategies for my business”- Hewlett-Packard
“This is regarding the recent report I bought from Fortune Business insights. Remarkable job and great efforts by your research team. I would also like to thank the back end team for offering a continuous support and stitching together a report that is so comprehensive and exhaustive”- Global Management Consulting Firm
“Please pass on our sincere thanks to the whole team at Fortune Business Insights. This is a very good piece of work and will be very helpful to us going forward. We know where we will be getting business intelligence from in the future.”- UK-based Start-up in the Medical Devices Sector
“Thank you for sending the market report and data. It looks quite comprehensive and the data is exactly what I was looking for. I appreciate the timeliness and responsiveness of you and your team.”- One of the Largest Companies in the Defence Industry