Global Railcar-Coatings Market Size, Share and Trends Analysis Report, By Type (Tank Cars, Boxcars, Hopper, and Other), By Application (Anti-Corrosion, Anti-Abrasion, and Other), Forecast (2022-2028)

The global railcar-coatings market is anticipated to grow at a considerable CAGR during the forecast period (2022-2028). Railcar coating is a protective layer that is applied to tank cars, boxcars, hoppers, and other modes of transportation to protect the surface from moisture, corrosion, microbes, and other external factors. Railcar coatings are in high demand in North America because these vehicles are frequently used for the transportation of liquid fuels and other hazardous products. In North America, the demand for covered hoppers outnumbers that for tank cars. The use of a large amount of consumer goods, industrial goods, and their transportation is fueling the railcar coating market’s demand for maintenance. Further, Asia Pacific is the second-largest railcar coating market. The railcar facility market is being driven by the region’s rapid industrialization and expanding transportation infrastructure. India is the world’s second-largest market for rail components.

Looking towards the high demand for railcar-coatings key manufacturers of railcar-coatings agents are adopting several market growth strategies such as mergers & acquisitions, partnerships, and new product launches among others to meet the growing demand for dental biomaterials of dental consumables.For instance, in February 2021, Nippon Paint (India) Pvt. Ltd. (Decorative Division), Asia Pacific’s leading paint manufacturer, has announced a major alliance with CCPL (Choksey Chemicals Pvt. Ltd), a leading Indian manufacturing company of construction chemicals and waterproofing equipment.

Market Coverage

• The market number available for – 2021-2028
• Base year- 2021
• Forecast period- 2022-2028
• Segment Covered-
  • By Type
  • By Application
• Regions Covered-
  • North America
  • Europe
  • Asia-Pacific
  • Rest of the World
• Competitive Landscape- Axalta Coating Systems, LLC, AkzoNobel N.V., BASF SE, RPM International Inc., GLS Coatings Ltd., among others.

Key questions addressed by the report

• What is the market growth rate?
• Which segment and region dominate the market in the base year?
• Which segment and region will project the fastest growth in the market?
• How has COVID-19 impacted the market?
  • Deviation from the pre-COVID-19 forecast
  • Most affected region and segment
• Who is the leader in the market?
• How players are addressing challenges to sustain growth?
• Where is the investment opportunity?

Global Railcar-Coatings Market Report by Segment

By Type

• Tank Cars
• Boxcars
• Hopper
• Other

By Application

• Anti-Corrosion
• Anti-Abrasion
• Other

Global Railcar-Coatings Market Report by Region

North America

• United States
• Canada

Europe

• UK
• Germany
• Italy
• Spain
• France
• Rest of Europe

Asia-Pacific

• China
• India
• Japan
• South Korea
• Rest of Asia-Pacific

Rest of the World

• Latin America
• Middle East & Africa