Materials & Chemicals

Global Composites Market for HSR 2015-2019

  • TEC250923
  • 84 Pages
  • July 2015
  • Materials & Chemicals
About Composites for HSR

HSR is a railway transportation system that runs at speeds of more than 150 mph and is currently considered one of the fastest, most environment-friendly, and safest modes of transport across the globe. HSR systems, since their advent, have been an integral part of the transportation sector in developed countries in Europe and APAC. These systems provide the advantages of reduced commuting time, reliability, and a safer alternative to air travel over shorter distances.

These systems are mostly manufactured from composites to reduce their overall weight and increase their fuel efficiency. Their global demand has increased rapidly in recent years owing to their ability to connect megacities and remote areas.

The global composites market for HSR is expected to witness rapid, but uneven, growth during the forecast period. The growth of the market is directly dependent on the development of HSR networks worldwide. As various major HSR projects are being planned in 2015 across China, Japan, Spain, Saudi Arabia, and Turkey, the demand for composites from the HSR sector is expected to grow rapidly. Similarly, the demand is expected to surge in 2018 because of the advent of HSR in Russia, with a planned construction of 1957.3 miles of HSR network.

Technavio's analysts forecast the global composites market for HSR to grow at a CAGR of 11.33% in terms of revenue over the period 2014-2019.

Covered in this Report

The global composites market for HSR can be divided based on application into the following: exterior applications and interior applications.

Technavio's report, Global Composites Market for HSR, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the Americas, EMEA, and APAC; it also covers the landscape of the global composites market for HSR and its growth prospects in the coming years. The report also includes a discussion on the key vendors operating in this market.

Key Regions
Americas
APAC
EMEA

Key Vendors
AIM Aviation
Dartford Composites
FDC Composites
Gurit Holding
Hexcel
Kemrock Industries And Exports
Koninklijke Ten Cate
TPI Composites

Other Prominent Vendors
Ashland
Creative Pultrusion
DIAB
DSM
Ebo Systems
Exel Composites
Fibrocom
Hanwha Azdel
Horlacher
Hubner Group
John Manville
Joptek
Magee Plastics
Miles Fiberglass and Composites
Owens Corning
Parabeam
Saint Gobain
Testori Americas

Market Driver
Increased Emphasis on Greener Modes of Transport
For a full, detailed list, view our report

Market Challenge
Geographic Concentration of Demand
For a full, detailed list, view our report

Market Trend
Innovations in Global Composites
For a full, detailed list, view our report

Key Questions Answered in this Report
What will the market size be in 2019 and what will the growth rate be?
What are the key market trends?
What is driving this market?
What are the challenges to market growth?
Who are the key vendors in this market space?
What are the market opportunities and threats faced by the key vendors?
What are the strengths and weaknesses of the key vendors?
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