Hybrid Plastic Railroad Ties Market

A railroad tie is rectangular block of support used in the railways for rail tracks. Railroad ties are beneficial in transferring the load to the rail track ballast while holding the tracks intact. Composite railroad tie is produced from recycled materials such as plastic and rubber, which makes it environment-friendly. Composite railroad tie has proven to outperform traditional tie materials due to its properties such as resistant to several weather conditions and anti-corrosive. A composite railroad tie does not crumble or decompose over time. Composite railroad tie is also moisture-resistant and immune towards infestation by insects.
Hybrid Plastic Railroad Ties Market contains market size and forecasts of Hybrid Plastic Railroad Ties in global, including the following market information:

• Global Hybrid Plastic Railroad Ties Market Revenue, 2017-2022, 2023-2028, ($ millions)
• Global Hybrid Plastic Railroad Ties Market Sales, 2017-2022, 2023-2028, (K Units)
• Global top five Hybrid Plastic Railroad Ties companies in 2021 (%)

The global Hybrid Plastic Railroad Ties market was valued at 68 million in 2021 and is projected to reach US$ 93 million by 2028, at a CAGR of 4.6% during the forecast period.
The U.S. Market is Estimated at $ Million in 2021, While China is Forecast to Reach $ Million by 2028.
Thermoset Plastics Segment to Reach $ Million by 2028, with a % CAGR in next six years.
The global key manufacturers of Hybrid Plastic Railroad Ties include Axion Structural Innovations, American TieTek, Evertrak, Lankhorst, Voestalpine Nortrak, Atlas Ties, IntegriCo Composites, Pioonier GmbH and Greenrail Group, etc. In 2021, the global top five players have a share approximately % in terms of revenue.
We surveyed the Hybrid Plastic Railroad Ties manufacturers, suppliers, distributors and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Hybrid Plastic Railroad Ties Market, by Type, 2017-2022, 2023-2028 ($ Millions) & (K Units)
Global Hybrid Plastic Railroad Ties Market Segment Percentages, by Type, 2021 (%)

• Thermoset Plastics
• Thermoplastics
• Mixed Plastics

Global Hybrid Plastic Railroad Ties Market, by Application, 2017-2022, 2023-2028 ($ Millions) & (K Units)

Global Hybrid Plastic Railroad Ties Market Segment Percentages, by Application, 2021 (%)

• Railway
• Petrochemical
• Mining
• Others

Global Hybrid Plastic Railroad Ties Market, By Region and Country, 2017-2022, 2023-2028 ($ Millions) & (K Units)

Global Hybrid Plastic Railroad Ties Market Segment Percentages, By Region and Country, 2021 (%)

• North America
• US
• Canada
• Mexico
• Europe
• Germany
• France
• U.K.
• Italy
• Russia
• Nordic Countries
• Benelux
• Rest of Europe
• Asia
• China
• Japan
• South Korea
• Southeast Asia
• India
• Rest of Asia
• South America
• Brazil
• Argentina
• Rest of South America
• Middle East & Africa
• Turkey
• Israel
• Saudi Arabia
• UAE
• Rest of Middle East & Africa

Competitor Analysis

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The report also provides analysis of leading market participants including:

• Key companies Hybrid Plastic Railroad Ties revenues in global market, 2017-2022 (Estimated), ($ millions)
• Key companies Hybrid Plastic Railroad Ties revenues share in global market, 2021 (%)
• Key companies Hybrid Plastic Railroad Ties sales in global market, 2017-2022 (Estimated), (K Units)
• Key companies Hybrid Plastic Railroad Ties sales share in global market, 2021 (%)

Further, the report presents profiles of competitors in the market, key players include:

• Axion Structural Innovations
• American TieTek
• Evertrak
• Lankhorst
• Voestalpine Nortrak
• Atlas Ties
• IntegriCo Composites
• Pioonier GmbH
• Greenrail Group
• eWood Solutions
• Sicut Enterprises
• Bois Commercial Wood