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Train Seat Materials Market to represent a significant expansion at CAGR of 65% by 2024

Research Report Insights (RRI) has launched the report titled, “Train Seat Materials Market to represent a significant expansion at CAGR of 65% by 2
sattu varma | 11.11.2018
© sattu varma

The global economic foothold has been intertwined with several industrial infrastructures upon which countries continue to orchestrate their financial breakthrough. Railways and train infrastructure are among such crucial industries that demand optimistic transformation in order to foster their usage. A vast majority of people in the world continue to opt for trains as a cost-effective and ideal mode of commuting from places. The obvious necessity of having comfortable seats makes it mandatory for manufacturers of train wagons to adopt seating couches made from better train seat materials. Global market for train seat materials is estimated to touch a valuation of US$ 200 Mn by end of 2024. 

According to Research Report Insights (RRI), a report on the global train seat materials market, titled “Train Seat Materials Market by 2024,” projects that the global market attained US$ 1,613.8 million in value in 2015. The report compiled key insights and research findings that indicate rapid urbanization as a key driver for the market’s growth. Expansion of the railway industry in urban areas in forms of subways, metros, trams and other rapid transit systems are fuelling the demand for quality and customized train seat materials for its seating couches. Furthermore, the research on global train seat materials market anticipates rapid transit systems to promote the use of eco-friendly and lightweight train seat materials for improving the fuel economy of its rolling stock. Specialty train seat materials such as foams, cushion, nylon fabric and suede, among others, are also gaining prominence in high-speed trains as well as urban rail locomotives. 

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Counties and municipal authorities in several urban cities have expended surplus capital for the effective functioning of their rapid transit systems. Trains used in such systems are being developed by maximizing the seating capacity. Usage of new seating materials or upgrading the existing train seat materials will end up lightening the weight per seat. Vinyl or silicon cushioning train seat materials are also being rapidly adopted for their benefit in consuming lesser space or area, as opposed to foam and other materials. Such materials are also known to hold the seat shape for longer time and do not easily contort their linings. Plus, officials managing such transit systems will benefit from such train seat materials that enable easy cleaning and replacement. 

The global market, however, is projected to face the ire of sluggish investments in railways industry. With a constrained budget, manufacturers of seating couches for trains will be compelled to adopt less durable and conventional train seat materials. Incidentally, it will hamper the consumption and likewise, the production of new and advanced train seat materials that have been gaining prominence due to active promotion and participation of recognized key companies such as, USSC Group, Inc., Freedman Seating CO, Kustom Seating Unlimited, Inc., FlexoFoam Pvt. Ltd, Magna International Inc., Fenix Group, iFoam Ltd., Grammar AG, Rescroft Ltd., LLC, and Transcal Company, among others. 

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Availing the report on global train seat materials, developed by Research Report Insights (RRI), will enable corporations and personnel associated with the railways industry to assess the impact of train seat materials on the global railways industry. The report has fragmented the growth of global market for train seat materials into the type of materials, type of seats, and the type of trains. A sneak peek on such market segmentation illustrates that fabrics segment accounted for over 65% of the global market in 2015, while polyurethane segment garnered a global market share of nearly 75%.

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