Report overview
Steel rails are the load bearing and guiding elements in a railway or tramway track. Individual fragments are bolted or welded together forming a continuous line that supports railcar wheels. The cross section of the rail segment, or the profile, has varied over time and by application area.
This report contains market size and forecasts of Railway Steel Rails in global, including the following market information:
Global Railway Steel Rails Market Revenue, 2017-2022, 2023-2028, ($ millions)
Global Railway Steel Rails Market Sales, 2017-2022, 2023-2028, (Tons)
Global top five Railway Steel Rails companies in 2021 (%)
The global Railway Steel Rails market was valued at million in 2021 and is projected to reach US$ million by 2028, at a CAGR of % during the forecast period 2022-2028.
The U.S. Market is Estimated at $ Million in 2021, While China is Forecast to Reach $ Million by 2028.
Heavy Rail Segment to Reach $ Million by 2028, with a % CAGR in next six years.
The global key manufacturers of Railway Steel Rails include ArcelorMittal, Arrium Mining and Materials, Atlantic Track & Turnout Co., Baosteel Co., Ltd., Birmingham Rail & Locomotive Company, Inc., Chicago Heights Steel, Evraz Oregon Steel Mills, Inc., GSP - A Division of ThyssenKrupp Steel North America, Inc. Harmer Steel Products Company and Kardemir A. S., etc. In 2021, the global top five players have a share approximately % in terms of revenue.
We surveyed the Railway Steel Rails 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 Railway Steel Rails Market, by Type, 2017-2022, 2023-2028 ($ Millions) & (Tons)
Global Railway Steel Rails Market Segment Percentages, by Type, 2021 (%)
Heavy Rail
Light Rail
Global Railway Steel Rails Market, by Application, 2017-2022, 2023-2028 ($ Millions) & (Tons)
Global Railway Steel Rails Market Segment Percentages, by Application, 2021 (%)
Conventional Rail
High-speed Rail
Metro Rail
Others
Global Railway Steel Rails Market, By Region and Country, 2017-2022, 2023-2028 ($ Millions) & (Tons)
Global Railway Steel Rails 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 Railway Steel Rails revenues in global market, 2017-2022 (Estimated), ($ millions)
Key companies Railway Steel Rails revenues share in global market, 2021 (%)
Key companies Railway Steel Rails sales in global market, 2017-2022 (Estimated), (Tons)
Key companies Railway Steel Rails sales share in global market, 2021 (%)
Further, the report presents profiles of competitors in the market, key players include:
ArcelorMittal
Arrium Mining and Materials
Atlantic Track & Turnout Co.
Baosteel Co., Ltd.
Birmingham Rail & Locomotive Company, Inc.
Chicago Heights Steel
Evraz Oregon Steel Mills, Inc.
GSP - A Division of ThyssenKrupp Steel North America, Inc. Harmer Steel Products Company
Kardemir A. S.
KIMES Steel & Rail, Inc.
Metinvest Holding, LLC
Nippon Steel & Sumitomo Metal USA, Inc.
Posco
Rapid Rail Limited
Shandong China Coal Industrial & Mining Supplies Group
Steel Authority of India Limited (SAIL)
Sumitomo Corporation
Tata Steel Europe
ThyssenKrupp GfT Gleistechnik
Vossloh AG
Zhuzhou CRRC Times Electric Co., Ltd.