|Growth Opportunities for Adhesives and Sealants in Railway Rolling Stocks, Forecast to 2025|
|Global Passenger Rail Rolling Stock Manufacturers are Expected to Adopt Lightweighting Measures, Creating Demand for Adhesives and Sealants in Railway Applications|
Frost & Sullivan’s latest analysis, Growth Opportunities for Adhesives and Sealants in Railway Rolling Stocks, Forecast to 2025, reveals that increasing demand for rolling stock, lightweighting strategies, and premiumization of rail cabins are creating significant growth prospects as well as fueling an estimated compound annual growth rate (CAGR) of 6.7% between 2018 and 2025. To succeed in a highly consolidated and competitive environment, with innovative key players such as Sika AG, Henkel and Bostik, participants should focus on expanding their product portfolios and providing extensive technical support.
“Top rail manufacturers are turning toward lightweighting and electrification to reduce overall energy consumption and CO2 emissions. They are also innovating existing rail design by incorporating composites, increasing onboard digitized services, and reducing noise, vibration and harshness to capitalize on growing consumer demand,” said Aditya Krishnan, Research Analyst, Chemicals, Materials & Nutrition, Frost & Sullivan. Players should look toward multi-material joining techniques and sound and vibration dampening materials to harness lucrative revenue prospects.”