Adhesives and Sealants in Railway Rolling Stock Market, By Rail Type (High Speed Rail, Metro Rail, Electric Multiple Unit/Diesel Multiple Unit, and Coach), By Adhesive Chemistries (Polyurethanes, Silyl-Modified Polymers, Methyl Methacrylates, and Other Smaller Chemistries), By Sealant Chemistries (Polyurethanes, Silyl-Modified Polymers, Silicone, Polysulfides, and Other Chemistries), and By Region (North America, Europe, Asia Pacific, Latin America, and Middle East & Africa) - Trends, Analysis, and Forecast till 2029

Safety, durability, comfort, and efficiency are the main factors in manufacturing railway vehicles such as trains, trams and underground trains. Among other materials, adhesives and sealants play a vital role in the production process and finished product. Sealants and adhesives for rail transport are utilized in the interiors and exteriors of rail vehicles throughout their lifecycle from design and production to field service and maintenance. These products can be used for sealing and bonding all railway vehicles from high-speed trains to railcars of light rail transit. The main task of rail industry adhesives and sealants is to make the manufacturing process faster and the vehicles safer.

Impact of COVID-19 on the market

Due to the ongoing COVID-19 outbreak, the automotive & transportation industry is amongst the most exposed verticals and is present amidst unprecedented uncertainty. COVID-19 is projected to have a substantial impact on the product demand and supply chain in the automotive sector. The demand for commercial vehicles is projected to fall with the closure of all non-essential services. Additionally, changes in consumer buying behaviour due to uncertainty surrounding the pandemic may have serious implications in the coming years on the growth of the industry. Temporarily, liquidity shortfall and cash crunch have already impacted the sales of fleet operators, which is further anticipated to extend over the coming few months. This report will quantify the impact of this pandemic on the adhesives and sealants in railway rolling stock market.

Sealant and adhesive materials for rail interior and exterior

Sealant and adhesive materials for rail exterior protect joints, overlaps and seams as well as fill gaps and cracks in repair applications. They also used in exterior panel bonding, body structure assembly, and other applications replacing welded bonds and mechanical fasteners. Further, sealants and adhesive materials are also commonly applied to railcar interiors. Not only they contribute to onboard comfort but also guarantee safety. Also, along with cancelling noise and vibration some sealant and adhesive materials for rail interior are fire-resistant.

High advantages compared to other alternatives

The great advantage of sealants and adhesives is that they tend to be lighter in weight and greater strength compared to their alternatives such as welded bonds. In addition, high-quality adhesives and sealants also has alternative measures such as strength, eco-friendliness, visual appeal, and durability.

High overhaul and maintenance costs

Rolling stock requires regular maintenance to ensure its reliability. However, regular overhaul and maintenance of rolling stock are extremely expensive. For example, the annual maintenance cost of a high-speed trainset is around US$ 1 million. Additionally, to the cost of components that need to be replaced regularly, there is also a need for proper maintenance of infrastructures such as depots and berthing sites. Likewise, rolling stock needs long-term maintenance when the train has reached half its functioning life. This includes maintenance work on mechanical, electrical, and hydraulic parts of the vehicle. A huge investment is required for such maintenance.

The global adhesives and sealants in the railway rolling stock market is segmented based on the rail type, material type, and region.

On the basis of the rail type, the global adhesives and sealants in the railway rolling stock market is segmented into high-speed rail, metro rail, electric multiple unit/diesel multiple unit, and coach. Based on the material type, the target market is segmented into polyurethanes, silyl-modified polymers, methyl methacrylates, silicone, polysulfides and other smaller chemistries.

Region Analysis:

In the region, the global adhesives and sealants in the railway rolling stock market is segmented into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. The Asia Pacific market is led by developing countries such as India and China, where the installation of metro lines is growing at a faster pace than other countries in the region. The Asia Pacific region is the fastest and the highest-growing region in the rolling stock market owing to growing infrastructural developments, going/upcoming projects in various countries, and increase in government spending on the transportation sector. China’s rapidly growing economy is boosting the expansion of urban transit and high-speed train network to enhance transport systems in the country, thereby making it the fastest-growing railway industry in the world. More than 20,000 km of the high-speed rail network is operational in China while an additional 45,000 km is currently in the developing phase.

Adhesives and Sealants in Railway Rolling Stock Market Report Scope:

Segments Covered in the Report:

This report forecasts revenue growth at global, regional, and country levels and provides an analysis of the latest industry trends and opportunities in each of the sub-segments from 2019 to 2029.  For the purpose of this study, has segmented the global adhesives and sealants in railway rolling stock market report based on rail type, adhesive chemistries, sealants chemistries, and region.

Adhesives and Sealants in Railway Rolling Stock Market, By Rail Type:

• High Speed Rail
• Metro Rail
• Electric Multiple Unit/Diesel Multiple Unit
• Coach

 Adhesives and Sealants in Railway Rolling Stock Market, By Material Type:

• Polyurethanes
• Silyl-Modified Polymers
• Methyl Methacrylates
• Silicone
• Polysulfides
• Other Smaller Chemistries

 Adhesives and Sealants in Railway Rolling Stock Market, By Region:

• North America
  • Middle East & Africa
    • • GCC
      • Israel
      • South Africa
      • Rest of Middle East & Africa
  • Latin America
    • • Brazil
      • Mexico
      • Rest of Latin America
  • Asia Pacific
    • • China
      • India
      • Japan
      • South Korea
      • Rest of Asia Pacific
  • Europe
    • • Germany
      • UK
      • France
      • Russia
      • Italy
      • Rest of Europe
  • • U.S.
    • Canada

The key players operating in the global adhesives and sealants in railway rolling stock market include Alstom, CRRC Corporation Limited, Bombardier, The Greenbrier Companies, Inc., General Electric, Hitachi Ltd., Siemens, Stadler Rail AG, TRANSMASHHOLDING, and TrinityRail. The market is consolidated because of growing mergers and acquisitions. Moreover, CRRC is also the foremost player in new vehicle segments such as high-speed trains, metro cars, diesel locomotives, and electric locomotives. The key players have employed improved manufacturing techniques and innovative concepts & ideas for enhancing their product.

• Alstom

• CRRC Corporation Limited
• Bombardier
• The Greenbrier Companies, Inc.
• General Electric
• Hitachi Ltd.
• Siemens
• Stadler Rail AG
• TRANSMASHHOLDING
• TrinityRail