Elastic Rail Fastener Market

Elastic rail fastener is used to link the rail and tie (or other types of track basis) on the track, also known as the intermediate coupling member.

It includes spikes, pads under rail and elastic fastener clips.

Fasteners should be long-term, effectively maintaining a reliable link rail and sleepers, preventing relative movement of the rail sleepers, and can give full play to its performance under dynamic shock absorption cushioning effect, delaying the accumulation of residual deformation track.

Thus it requires sufficient strength, durability and some flexibility, but also simple structure, easy installation and removal.

Elastic Rail Fastener Market contains market size and forecasts of Elastic Rail Fastener in global, including the following market information:

Global Elastic Rail Fastener Market Revenue, 2017-2022, 2023-2028, ($ millions)

Global Elastic Rail Fastener Market Sales, 2017-2022, 2023-2028, (K Sets)

Global top five Elastic Rail Fastener companies in 2021 (%)

The global Elastic Rail Fastener market was valued at 1362.9 million in 2021 and is projected to reach US$ 1525.9 million by 2028, at a CAGR of 1.6% during the forecast period.

The U.S. Market is Estimated at $ Million in 2021, While China is Forecast to Reach $ Million by 2028.

Concrete Pillow Fastener Segment to Reach $ Million by 2028, with a % CAGR in next six years.

The global key manufacturers of Elastic Rail Fastener include Pandrol, Vossloh Fastening Systems, L.B. Foster, Progress Rail Services Corporation, Lewis Bolt & Nut Co and AGICO, etc. In 2021, the global top five players have a share approximately % in terms of revenue.

We surveyed the Elastic Rail Fastener 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 Elastic Rail Fastener Market, by Type, 2017-2022, 2023-2028 ($ Millions) & (K Sets)

Global Elastic Rail Fastener Market Segment Percentages, by Type, 2021 (%)

Concrete Pillow Fastener

Buckle Plate Fastener

Spring Fastener

Global Elastic Rail Fastener Market, by Application, 2017-2022, 2023-2028 ($ Millions) & (K Sets)

Global Elastic Rail Fastener Market Segment Percentages, by Application, 2021 (%)

Conventional Rail

High Speed

Heavy-haul

Urban Transport

Global Elastic Rail Fastener Market, By Region and Country, 2017-2022, 2023-2028 ($ Millions) & (K Sets)

Global Elastic Rail Fastener 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

The report also provides analysis of leading market participants including:

Key companies Elastic Rail Fastener revenues in global market, 2017-2022 (Estimated), ($ millions)

Key companies Elastic Rail Fastener revenues share in global market, 2021 (%)

Key companies Elastic Rail Fastener sales in global market, 2017-2022 (Estimated), (K Sets)

Key companies Elastic Rail Fastener sales share in global market, 2021 (%)

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

Pandrol

Vossloh Fastening Systems

L.B. Foster

Progress Rail Services Corporation

Lewis Bolt & Nut Co

AGICO