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(Transportation-News.com, December 12, 2018 ) Stratview Research announces the launch of a new research report on Indian Rail Composites Market. This 222-page extensive report from Stratview Research, studies the Indian Rail Composites Market over the trend period of 2012 to 2017 and forecast period of 2018 to 2023. The report provides detailed insights on the market dynamics to enable informed business decision making and growth strategy formulation based on the opportunities present in the market.
This Indian Rail Composites Market analysis has been segmented in five ways, keeping in mind the interest of all the stakeholders across the value chain.
• by Rail Type(Rail Coaches, Locomotives, Metro Rails)- The rail coaches segment is likely to maintain its growth momentum over the next five years.
• by Composite Type (Polyester Composites, Phenolic Composites, Other Composites)- Polyester composite is expected to remain the choice of composites in the market during the forecast period, driven by its low-cost advantage and good performance.
• by Process Type (Resin Infusion, Open Mold, Filament Winding, Others)- Resin infusion and open mold are likely to remain the most preferred manufacturing processes in the Indian rail composites market.
• by Application Type (Front-End Modules, Toilet Modules, Brake Blocks, Doors& Windows, Interior Panels, Others)
• by Region (North India, South India, East India, West India)- South India and North India are likely to remain dominant over the next five years.
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Indian Rail Composites Market Insights
The Indian rail composites market is forecasted to grow at an impressive rate over the next five years to reach an estimated US$ 122.3 million in 2023. The Indian rail industry has undergone a remarkable transition over a period of time with regards to the adoption of composite materials in various applications. The rail industry is one of the largest consumers of composite materials in India and has efficaciously witnessed a continuous increase in the penetration of composites over the last ten years.
The supply chain of this market comprises of raw material suppliers, composite part fabricators, rolling stock manufacturers, and the government. The major raw material suppliers are Owens Corning India, Goa Glass Fibre Ltd. Reichhold India Private Ltd., Satyen Polymers Pvt. Ltd., and Atul Pvt. Ltd., whereas the major composite part fabricators for the Indian rail industry are Arham Composites, Kineco Private Limited, Tech-Force Composites Pvt. Ltd., Permalli Wallace, and HCL India.
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Stratview Research
Ritesh Gandecha
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Source: EmailWire.Com 
Source: EmailWire.com
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