Steel Rail Market

The steel rail is used to guide the train wheels far forwarding, by withstanding the enormous stress by the wheel when a train passes by, and transferring to the tie sleepers as well. The rail shall provide smooth and continuous rolling surface with least resistance. Generally speaking, the heavier the rails and the rest of the track work, the heavier and higher speed for the train these railroad tracks can carry. At electrified railway or automatic block sections, the railroad rail can also be used as the railroad track circuit.

Steel Rail Market contains market size and forecasts of Steel Rail in global, including the following market information:

• Global Steel Rail Market Revenue, 2017-2022, 2023-2028, ($ millions)
• Global Steel Rail Market Sales, 2017-2022, 2023-2028, (K MT)
• Global top five Steel Rail companies in 2021 (%)

The global Steel Rail market was valued at million in 2021 and is projected to reach US$ million by 2028, at a CAGR of % during the forecast period.

The U.S. Market is Estimated at $ Million in 2021, While China is Forecast to Reach $ Million by 2028.

High-Speed Steel Rail Segment to Reach $ Million by 2028, with a % CAGR in next six years.

The global key manufacturers of Steel Rail include L.B. Foster Company, Liberty Group, Steel Dynamics, Inc, Nippon Steel and Sumitomo Metal Corporation (NSSMC), JFE Steel, KARDEMIR, Jersey Shore Steel Company, Harmer Steel Products Company and British Steel, etc. In 2021, the global top five players have a share approximately % in terms of revenue.

We surveyed the Steel Rail 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 Steel Rail Market, by Type, 2017-2022, 2023-2028 ($ Millions) & (K MT)

Global Steel Rail Market Segment Percentages, by Type, 2021 (%)

• High-Speed Steel Rail
• Heavy-Duty Steel Rail
• Mixed Traffic Steel Rail
• Crane Rail

Global Steel Rail Market, by Application, 2017-2022, 2023-2028 ($ Millions) & (K MT)

Global Steel Rail Market Segment Percentages, by Application, 2021 (%)

• Railway Lines
• Tram Rails
• Moving Equipment

Global Steel Rail Market, By Region and Country, 2017-2022, 2023-2028 ($ Millions) & (K MT)

Global Steel Rail 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 Steel Rail revenues in global market, 2017-2022 (Estimated), ($ millions)
• Key companies Steel Rail revenues share in global market, 2021 (%)
• Key companies Steel Rail sales in global market, 2017-2022 (Estimated), (K MT)
• Key companies Steel Rail sales share in global market, 2021 (%)

Further, the report presents profiles of competitors in the market, key players include:

• L.B. Foster Company
• Liberty Group
• Steel Dynamics, Inc
• Nippon Steel and Sumitomo Metal Corporation (NSSMC)
• JFE Steel
• KARDEMIR
• Jersey Shore Steel Company
• Harmer Steel Products Company
• British Steel
• Steel Authority of India Limited
• ArcelorMittal
• EVRAZ Group SA
• Voestalpine High Performance Metals Argentina S.A
• United Industrial
• AGICO Group
• Shanghai Suyu Railway Fastener (SUYU)
• Kunshan Alex Railway Fastening
• Anshan Zizhu International
• Metinvest