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Railroad Tie Market Forecast Report, 2021 - 2031

Railroad Tie Market (Tie Type: Wood Tie, Concrete Tie, Composite Tie, and Steel Tie; Train Type: Passenger Trains [Long Distance, Short Distance, and Others] and Freight Trains; and Application: Tangent, Bridges, Tunnels, and Turnouts) - North America Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2021-2031

Impact of Coronavirus Pandemic on North America Railroad Tie Market

The North America railroad tie market has been negatively affected by COVID-19 outbreak causing the unprecedented harm to industries and businesses associated with it. In various countries in North America, railways had to shut down all of its services during stringent lockdown. In order to recover from the losses during these difficult times, manufacturers operating in the North America railroad tie market have targeted innovative approach to stay in the competition. Lockdown and shutting down businesses have led to disruption in value chain. Rapid urbanization, industrial growth, and increasing government investments in expanding railway network are key factors creating opportunities for the market players in the North America railroad tie market.

north america railroad tie market infographic

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Concrete Railroad Ties to Drive Global Market

The rising demand for concrete railroad ties due to their strength and reliability creates lucrative revenue opportunities for railroad tie manufacturers. Commonly used to give support to railway tracks, these ties are also efficient for bridges, tunnels and turnouts, etc. Concrete ties are easy to manufacture and need little care & maintenance than wooden ties. Concrete ties are stronger than wooden ties to withstand with harsh climatic conditions and heavy loads. These materials provide high durability and longer lifespan than any other material. Hence, widely used in railway tracks. Apart from these, plastic composite and steel ties can also be used in railway tracks. Easily available hardwood timbers can be a great option for railroad ties.

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Industrialization and Rapid Growth in Railway Networks in North America

The North America railroad tie market is projected to reach the valuation of US$ 1.4 Bn by 2031. The North America railroad tie market is expected to expand at a CAGR of 4% during the forecast period. Manufacturers operating in the North America railroad tie market are marking their presence to create potential revenue opportunities. Rapid industrialization, economic development, and presence of competitive market contributors are some of the factor contributing to the rising demand for railroad ties in North America. Increasing production of concrete, wooden, plastic railroad ties is driving the North America railroad tie market during the forecast period. The North America railroad tie market is anticipated to register robust growth in terms of revenue during the forecast period, owing to the presence of leading industry players in the region.

Profitable Opportunities for Market Players Due to Increasing Sales in North America

Emerging technologies used in development of railway tracks and increasing investments in the expansion of railway network are expected to boost the sales of railroad ties. The increasing subway networks in well-establishes countries of North America such as the U.S. and Canada are also responsible for the railroad tie market growth. In railway, as it is the most economic mode of travel and transportation, there is a surging demand of developing the railway infrastructure. This factor contributes to the increasing production of railroad ties, which is further responsible for the market growth during the forecast period. The rising presence of top manufactures in North America and competition among these players in production and supply of railroad ties is expected to open up growth opportunities for market players.

north america railroad tie market segmentation

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Analysts’ Viewpoint

Advanced technologies used manufacturing of railroad ties, and expanding railway network and infrastructure in countries such as the U.S. and Canada are driving the North America railroad tie market. In addition, the expansion of the subway network across the regions in the North America creates beneficial opportunities for the market players. North America railroad tie market is booming after the threatening pandemic. It is expected to witness potential growth opportunities due to collaborations between manufacturers and suppliers. In order to take potential measures to increase the production, stakeholders in the North America railroad tie market are joining forces to improve the product quality. Environmental hazards related to wooden railroad ties hamper the growth of the market in North America. Manufacturing companies must try to overcome challenges in the North America railroad tie market.

North America Railroad Tie Market: Overview

  • According to Transparency Market Research’s latest research report on the North America railroad tie market for the historical period 2017–2019 and the forecast period 2021–2031, railroad tie is an important component for smooth functioning of railways. The North American region spends billions of dollars annually on railway track maintenance, and railroad ties are one of the largest expenditures. Replacement and addition of railroad ties generates an annual demand for 18 to 20 million railroad ties. These factors are expected to boost the North America railroad tie market during the forecast period.
  • In terms of revenue, the North America railroad tie market is projected to reach the value of US$ 1.4 Bn by 2031, expanding at a CAGR of 4% during the forecast period

Rising Investments in Railway Projects to Drive Global Market

  • Railways are an essential part of the transport network and makes a substantial contribution to the economy. The rail transport and railroad tie system in North America is geographically specialized, with huge rail operators serving significant regional markets. The region is investing in the development of railroad ties to accommodate current and future riders due to the growing population, urbanization, and industrialization.
  • Investment by governments in the passenger rail segment was affected during the pre-pandemic period and has created a huge repair backlog. Governments are now focusing on improving the backlog, which is expected to drive the railroad tie market during the forecast period. Private railroads annually reinvest around 20% to 33% for the development of railroad ties and into infrastructure, capital expenditures, and maintenance in Class I, Class II, and Class III rails. Governments are also focusing on reducing accidents and train delays by incorporating latest technological systems, which will help in maintaining the railway tracks by developing railroad ties.

Innovations and Developments in Products: Key Opportunity for Global Market

  • Manufacturers of railroad ties are focusing on innovation of products by adding distinguishing features in newer versions of their existing products for better growth opportunity
  • For instance, gasification technology, which helps to dispose creosote treated materials has created demand for railroad ties. Moreover, manufacturers are introducing circuit chip integrated ties, which have remote monitoring applications with GPS coordinates and can trace a tie’s location, and scan information such as user ID, date, and time.
  • Manufacturers are expanding their product offerings by providing new treatments in ties such as copper naphthenate as opposed to other harmful chemicals such as creosote. The use of less harmful chemicals is projected to create novel opportunities for the railroad tie market.
  • Streamlined supply chain and significant penetration in regional markets are also likely to be a key business growth strategy during the forecast period for the railroad tie market

North America Railroad Tie Market: Competition Landscape

  • Detailed profiles of railroad tie manufacturers have been provided in the report to evaluate their financials, key product offerings, recent developments, and strategies
  • Key players operating in the North America railroad tie market are
    • Stella-Jones
    • Koppers Holdings, Inc.
    • L.B. Foster Co
    • Narstco Inc.
    • Axion Structural Innovations LLC
    • TieTek LLC
    • Gross & Janes Corporation
    • Atlantic Track & Turnout
    • Vossloh AG
    • Integrico Composites Inc.
    • Evertrak LLC
    • Missouri Tie, LLC.

North America Railroad Tie Market: Key Developments

  • Key providers in the railroad tie market such as Stella-Jones, Koppers Holdings, Inc., L.B. Foster Co, Narstco Inc., and Axion Structural Innovations LLC are focusing on improving their product line and creating world class brands of railroad ties to attract more customers. Some other key developments in the North America railroad tie market are highlighted below:
    • In 2021, L.B Foster, owner of CXT Concrete Ties, CXT Concrete Buildings and Carr Concrete began narrowing focus on the more profitable business area of rail technologies and precast concrete products and sold its steel piling products business assets, including all inventory associated with the line of business to J.D. Fields & Co.
    • In 2020, Axion Structural Innovations and DICA announced plans for co-locating in multiple booth locations at Conexpo-Con/Agg for display of products such as heavy-duty composite mats, steel-reinforced composite mats, and composite laminated mats at ConExpo-Con/Agg.
    • In 2020, Evertrak converted 3 million pounds of plastic into durable, high performance railroad ties. These ties can carry heaviest freight trains of North America in the most difficult environmental conditions. In addition, the ties will put 200 million pounds of recycled plastic to work which helps to reduce maintenance costs and capital for railroads.
  • In the North America railroad tie market report, we have discussed individual strategies, followed by company profiles of providers of railroad tie. The ‘Competition Landscape’ section has been included in the report to provide readers with a dashboard view and company market share analysis of key players operating in the North America railroad tie market.

North America Railroad Tie Market Snapshot

Attribute

Detail

Market Size Value in 2020 (Base Year)

US$ 921.3 Mn

Market Forecast Value in 2031

US$ 1.4 Bn

Growth Rate (CAGR)

4%

Forecast Period

2021-2031

Quantitative Units

US$ Mn for Value and Thousand Units for Volume

Market Analysis

Global qualitative analysis includes drivers, restraints, opportunities, key trends, cost analysis, litigation risks, procurement analysis, Porter’s Five Forces analysis, value chain analysis, key market indicator, COVID-19 impact analysis, and SWOT analysis, etc. Furthermore, regional level qualitative analysis includes price trends.

Competition Landscape

  • Market Player – Competition Dashboard and Revenue Share Analysis 2020
  • Company Profiles (Details – Company Overview, Sales Area/Geographical Presence, Revenue, COVID – 19 Response, Strategy & Business Overview)

Format

Electronic (PDF) + Excel

Market Segmentation

  • Tie Type
    • Wood Tie
    • Concrete Tie
    • Composite Tie
    • Steel Tie
  • Train Type
    • Passenger Trains
      • Long Distance
      • Short Distance
      • Others
    • Freight Trains
  • Applications
    • Tangent
    • Bridges
    • Tunnels
    • Turnouts

Regions Covered

North America

Countries Covered

  • U.S.
  • Canada

Companies Profiled

  • Stella-Jones
  • Koppers Holdings, Inc.
  • L.B. Foster Co
  • Narstco Inc.
  • Axion Structural Innovations LLC
  • TieTek LLC
  • Gross & Janes Corporation
  • Atlantic Track & Turnout
  • Vossloh AG
  • Integrico Composites Inc.
  • Evertrak LLC
  • Missouri Tie, LLC.

Customization Scope

Available upon Request

Pricing

Available upon Request

Railroad Tie Market – Segmentation

TMR’s study on the North America railroad tie market includes information categorized into four sections ― tie type, train type, application, and region. Changing industry trends and other crucial market dynamics associated with these sections of the railroad tie market are discussed in detail.

Tie Type
  • Wood Tie
  • Concrete Tie
  • Composite Tie
  • Steel Tie
Train Type
  • Passenger Trains
    • Long Distance
    • Short Distance
    • Others
  • Freight Trains
Application
  • Tangent
  • Bridges
  • Tunnels
  • Turnouts
Region
  • North America
    • U.S.
    • Canada
    • Rest of North America
Railroad Tie Market Forecast Report, 2021 - 2031

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Frequently Asked Questions

What is the total market worth of Railroad Tie Market?

The global Railroad Tie Market is projected to reach a value of US$ 1.4 Bn by the end of 2031

What is the anticipated CAGR of the Railroad Tie Market in the forecast period?

Railroad Tie Market is anticipated to grow at a CAGR of 4% during the forecast period

What are the key factors driving the growth of Railroad Tie Market?

Rapid industrialization, economic development, and presence of competitive market contributors are some of the factor contributing to the rising demand for railroad ties in North America.

What will be the forecast period in the Railroad Tie Market?

The forecast period considered for the Railroad Tie Market is 2021–2031

Who are the key players in the global Railroad Tie Market?

Key players in the global Railroad Tie Market include Stella-Jones, Koppers Holdings, Inc., L.B. Foster Co, Narstco Inc., Axion Structural Innovations LLC, TieTek LLC, Gross & Janes Corporation, Atlantic Track & Turnout, Vossloh AG, Integrico Composites Inc., Evertrak LLC, and Missouri Tie, LLC.

1. Preface

    1.1. Market Definition and Scope

    1.2. Market Segmentation

    1.3. Key Research Objectives

    1.4. Research Highlights

2. Assumptions

3. Research Methodology

4. Executive Summary

5. Market Overview

    5.1. Market Dynamics

        5.1.1. Drivers

        5.1.2. Restraints

        5.1.3. Opportunities

    5.2. Key Trends Analysis

    5.3. Key Market Indicators

        5.3.1. U.S. Railway Infrastructure Overview

    5.4. Cost Analysis

        5.4.1. Tie Cost

            5.4.1.1. Standard and Specialty / Turnouts

            5.4.1.2. Creosote Treated Hardwood

            5.4.1.3. Borate Treated hardwood

            5.4.1.4. Concrete

            5.4.1.5. Composite

            5.4.1.6. Steel

        5.4.2. Project Cost

            5.4.2.1. Design (client & contractor)

            5.4.2.2. Bid Cost (client & contractor)

            5.4.2.3. Prelims

            5.4.2.4. Delivery

            5.4.2.5. Installation

                5.4.2.5.1. Labor

                5.4.2.5.2. Equipment

                5.4.2.5.3. Travel/subsistence/accommodation etc.

            5.4.2.6. Tie Hardware

            5.4.2.7. Ballast replacement/cleaning/tamping

            5.4.2.8. Inspection and sign off (client & contractor)

            5.4.2.9. Line downtime/possession costs

            5.4.2.10. Other costs

        5.4.3. In Service Cost

            5.4.3.1. Routine Maintenance

            5.4.3.2. Life Extension

            5.4.3.3. End of Life Disposal

            5.4.3.4. Opportunities for Value Add

            5.4.3.5. Cost Variances between Tie Types

    5.5. H&S/Litigation Risks

    5.6. Procurement Analysis

        5.6.1. Unit cost?

        5.6.2. Expected life?

        5.6.3. Value through life vs unit cost?

        5.6.4. Reduced maintenance – tie and track?

        5.6.5. Sustainability/environment?

        5.6.6. Litigation – e.g. creosote?

        5.6.7. What are the major factor influencing the procurement decision

    5.7. Global Railroad Market Overview for Ties

    5.8. Industry SWOT Analysis

    5.9. Porter’s Five Forces Analysis

    5.10. Value Chain Analysis

    5.11. COVID-19 Impact Analysis

    5.12. Price Trend Analysis

        5.12.1. Weighted Average Selling Price (US$)

    5.13. U.S. Railroad Tie Market Analysis and Forecast, 2017 - 2031

        5.13.1. Market Revenue Projections (US$ Mn)

        5.13.2. Market Revenue Projections (Thousand Units)

6. North America Railroad Tie Market Analysis and Forecast, By Tie Type

    6.1. U.S. Railroad Tie Market (US$ Mn and Thousand Units) Forecast, By Tie Type, 2017 - 2031

        6.1.1. Wood Tie

        6.1.2. Concrete Tie

        6.1.3. Composite Tie

        6.1.4. Steel Tie

    6.2. Incremental Opportunity, By Tie Type

7. North America Railroad Tie Market Analysis and Forecast, By Train Type

    7.1. U.S. Railroad Tie Market (US$ Mn and Thousand Units) Forecast, By Train Type, 2017 - 2031

        7.1.1. Passenger Trains

            7.1.1.1. Long Distance Trains

            7.1.1.2. Short Distance Trains

            7.1.1.3. Others

        7.1.2. Freight Trains

    7.2. Incremental Opportunity, By Train Type

8. North America Railroad Tie Market Analysis and Forecast, By Application

    8.1. U.S. Railroad Tie Market (US$ Mn and Thousand Units) Forecast, By Application, 2017 - 2031

        8.1.1. Tangent

        8.1.2. Bridges

        8.1.3. Tunnels

        8.1.4. Turnouts

    8.2. Incremental Opportunity, By Application

9. North America Railroad Tie Market Analysis and Forecast, By Country & Sub-region

    9.1. U.S. Railroad Tie Market (US$ Mn and Thousand Units) Forecast, By Country, 2017 - 2031

        9.1.1. U.S.

        9.1.2. Canada

        9.1.3. Rest of North America

    9.2. Incremental Opportunity, By Country

10. U.S. Railroad Tie Market Analysis and Forecast

    10.1. Country Snapshot

    10.2. Price Trend Analysis

    10.3. Railroad Tie Market (US$ Mn and Thousand Units) Forecast, By Tie Type, 2017 - 2031

        10.3.1. Wood Tie

        10.3.2. Concrete Tie

        10.3.3. Composite Tie

        10.3.4. Steel Tie

    10.4. Railroad Tie Market (US$ Mn and Thousand Units) Forecast, By Train Type, 2017 - 2031

        10.4.1. Passenger Trains

            10.4.1.1. Long Distance Trains

            10.4.1.2. Short Distance Trains

            10.4.1.3. Others

        10.4.2. Freight Trains

    10.5. Railroad Tie Market (US$ Mn and Thousand Units) Forecast, By Application, 2017 - 2031

        10.5.1. Tangent

        10.5.2. Bridges

        10.5.3. Tunnels

        10.5.4. Turnouts

    10.6. Incremental Opportunity Analysis

11. Canada Railroad Tie Market Analysis and Forecast

    11.1. Country Snapshot

    11.2. Price Trend Analysis

    11.3. Railroad Tie Market (US$ Mn and Thousand Units) Forecast, By Tie Type, 2017 - 2031

        11.3.1. Wood Tie

        11.3.2. Concrete Tie

        11.3.3. Composite Tie

        11.3.4. Steel Tie

    11.4. Railroad Tie Market (US$ Mn and Thousand Units) Forecast, By Train Type, 2017 - 2031

        11.4.1. Passenger Trains

            11.4.1.1. Long Distance Trains

            11.4.1.2. Short Distance Trains

            11.4.1.3. Others

        11.4.2. Freight Trains

    11.5. Railroad Tie Market (US$ Mn and Thousand Units) Forecast, By Application, 2017 - 2031

        11.5.1. Tangent

        11.5.2. Bridges

        11.5.3. Tunnels

        11.5.4. Turnouts

    11.6. Incremental Opportunity Analysis

12. Competition Landscape

    12.1. Top Market Player – Competition Dashboard

        12.1.1. Sales Revenue, 2020

        12.1.2. Market Share Analysis %, 2020

        12.1.3. Consumers review about current suppliers and distributors

    12.2. Company Profiles (Details – Company Overview, Sales Area/Geographical Presence, Revenue, Strategy & Business Overview)

        12.2.1. Axion Structural Innovations LLC

            12.2.1.1. Company Overview

            12.2.1.2. Sales Area/Geographical Presence

            12.2.1.3. Revenue

            12.2.1.4. Strategy & Business Overview

        12.2.2. CXT, Inc.

            12.2.2.1. Company Overview

            12.2.2.2. Sales Area/Geographical Presence

            12.2.2.3. Revenue

            12.2.2.4. Strategy & Business Overview

        12.2.3. Evertrak

            12.2.3.1. Company Overview

            12.2.3.2. Sales Area/Geographical Presence

            12.2.3.3. Revenue

            12.2.3.4. Strategy & Business Overview

        12.2.4. IntegriCo

            12.2.4.1. Company Overview

            12.2.4.2. Sales Area/Geographical Presence

            12.2.4.3. Revenue

            12.2.4.4. Strategy & Business Overview

        12.2.5. Koppers Inc.

            12.2.5.1. Company Overview

            12.2.5.2. Sales Area/Geographical Presence

            12.2.5.3. Revenue

            12.2.5.4. Strategy & Business Overview

        12.2.6. Missouri Tie, LLC.

            12.2.6.1. Company Overview

            12.2.6.2. Sales Area/Geographical Presence

            12.2.6.3. Revenue

            12.2.6.4. Strategy & Business Overview

        12.2.7. Narstco, Inc.

            12.2.7.1. Company Overview

            12.2.7.2. Sales Area/Geographical Presence

            12.2.7.3. Revenue

            12.2.7.4. Strategy & Business Overview

        12.2.8. Norman Lumber Company

            12.2.8.1. Company Overview

            12.2.8.2. Sales Area/Geographical Presence

            12.2.8.3. Revenue

            12.2.8.4. Strategy & Business Overview

        12.2.9. Rail 1 LLC.

            12.2.9.1. Company Overview

            12.2.9.2. Sales Area/Geographical Presence

            12.2.9.3. Revenue

            12.2.9.4. Strategy & Business Overview

        12.2.10. Rocla Concrete Tie, Inc.

            12.2.10.1. Company Overview

            12.2.10.2. Sales Area/Geographical Presence

            12.2.10.3. Revenue

            12.2.10.4. Strategy & Business Overview

        12.2.11. Stella-Jones

            12.2.11.1. Company Overview

            12.2.11.2. Sales Area/Geographical Presence

            12.2.11.3. Revenue

            12.2.11.4. Strategy & Business Overview

        12.2.12. TieTek LLC.

            12.2.12.1. Company Overview

            12.2.12.2. Sales Area/Geographical Presence

            12.2.12.3. Revenue

            12.2.12.4. Strategy & Business Overview

13. Key Takeaways

    13.1. Understanding the Procurement Process of Customers

    13.2. Prevailing Market Risks

List of Tables

Table 1: North America Railroad Tie Market Volume Size and Forecast, By Tie Type, Thousand Units, 2017 - 2031

Table 2: North America Railroad Tie Market Value Size and Forecast, By Tie Type, US$ Mn, 2017 - 2031

Table 3: North America Railroad Tie Market Volume Size and Forecast, By Train Type, Thousand Units, 2017 - 2031

Table 4: North America Railroad Tie Market Value Size and Forecast, By Train Type, US$ Mn, 2017 - 2031

Table 5: North America Railroad Tie Market Volume Size and Forecast, By Application, Thousand Units, 2017 - 2031

Table 6: North America Railroad Tie Market Value Size and Forecast, By Application, US$ Mn, 2017 - 2031

Table 7: North America Railroad Tie Market Volume Size and Forecast, By Country, Thousand Units, 2017 - 2031

Table 8: North America Railroad Tie Market Value Size and Forecast, By Country, US$ Mn, 2017 - 2031

Table 9: U.S. Railroad Tie Market Volume Size and Forecast, By Tie Type, Thousand Units, 2017 - 2031

Table 10: U.S. Railroad Tie Market Value Size and Forecast, By Tie Type, US$ Mn, 2017 - 2031

Table 11: U.S. Railroad Tie Market Volume Size and Forecast, By Train Type, Thousand Units, 2017 - 2031

Table 12: U.S. Railroad Tie Market Value Size and Forecast, By Train Type, US$ Mn, 2017 - 2031

Table 13: U.S. Railroad Tie Market Volume Size and Forecast, By Application, Thousand Units, 2017 - 2031

Table 14: U.S. Railroad Tie Market Value Size and Forecast, By Application, US$ Mn, 2017 - 2031

Table 15: Canada Railroad Tie Market Volume Size and Forecast, By Tie Type, Thousand Units, 2017 - 2031

Table 16: Canada Railroad Tie Market Value Size and Forecast, By Tie Type, US$ Mn, 2017 - 2031

Table 17: Canada Railroad Tie Market Volume Size and Forecast, By Train Type, Thousand Units, 2017 - 2031

Table 18: Canada Railroad Tie Market Value Size and Forecast, By Train Type, US$ Mn, 2017 - 2031

Table 19: Canada Railroad Tie Market Volume Size and Forecast, By Application, Thousand Units, 2017 - 2031

Table 20: Canada Railroad Tie Market Value Size and Forecast, By Application, US$ Mn, 2017 - 2031

List of Figures

Figure 1: North America Railroad Tie Market Volume Size and Forecast, By Tie Type, Thousand Units, 2017 - 2031

Figure 2: North America Railroad Tie Market Value Size and Forecast, By Tie Type, US$ Mn, 2017 - 2031

Figure 3: North America Railroad Tie Market Incremental Opportunity, By Tie Type, US$ Mn, 2017 - 2031

Figure 4: North America Railroad Tie Market Volume Size and Forecast, By Tie Type, Thousand Units, 2017 - 2031

Figure 5: North America Railroad Tie Market Value Size and Forecast, By Train Type, US$ Mn, 2017 - 2031

Figure 6: North America Railroad Tie Market Incremental Opportunity, By Train Type, US$ Mn, 2017 - 2031

Figure 7: North America Railroad Tie Market Volume Size and Forecast, By Train Type, Thousand Units, 2017 - 2031

Figure 8: North America Railroad Tie Market Value Size and Forecast, By Application, US$ Mn, 2017 - 2031

Figure 9: North America Railroad Tie Market Incremental Opportunity, By Application, US$ Mn, 2017 - 2031

Figure 10: North America Railroad Tie Market Volume Size and Forecast, By Application, Thousand Units, 2017 - 2031

Figure 11: North America Railroad Tie Market Value Size and Forecast, By Country, US$ Mn, 2017 - 2031

Figure 12: North America Railroad Tie Market Incremental Opportunity, By Country, US$ Mn, 2017 - 2031

Figure 13: U.S. Railroad Tie Market Volume Size and Forecast, By Country, Thousand Units, 2017 - 2031

Figure 14: U.S. Railroad Tie Market Value Size and Forecast, By Tie Type, US$ Mn, 2017 - 2031

Figure 15: U.S. Railroad Tie Market Incremental Opportunity, By Tie Type, US$ Mn, 2017 - 2031

Figure 16: U.S. Railroad Tie Market Volume Size and Forecast, By Tie Type, Thousand Units, 2017 - 2031

Figure 17: U.S. Railroad Tie Market Value Size and Forecast, By Train Type, US$ Mn, 2017 - 2031

Figure 18: U.S. Railroad Tie Market Incremental Opportunity, By Train Type, US$ Mn, 2017 - 2031

Figure 19: U.S. Railroad Tie Market Volume Size and Forecast, By Train Type, Thousand Units, 2017 - 2031

Figure 20: U.S. Railroad Tie Market Value Size and Forecast, By Application, US$ Mn, 2017 - 2031

Figure 21: U.S. Railroad Tie Market Incremental Opportunity, By Application, US$ Mn, 2017 - 2031

Figure 22: Canada Railroad Tie Market Volume Size and Forecast, By Application, Thousand Units, 2017 - 2031

Figure 23: Canada Railroad Tie Market Value Size and Forecast, By Tie Type, US$ Mn, 2017 - 2031

Figure 24: Canada Railroad Tie Market Incremental Opportunity, By Tie Type, US$ Mn, 2017 - 2031

Figure 25: Canada Railroad Tie Market Volume Size and Forecast, By Tie Type, Thousand Units, 2017 - 2031

Figure 26: Canada Railroad Tie Market Value Size and Forecast, By Train Type, US$ Mn, 2017 - 2031

Figure 27: Canada Railroad Tie Market Incremental Opportunity, By Train Type, US$ Mn, 2017 - 2031

Figure 28: Canada Railroad Tie Market Volume Size and Forecast, By Train Type, Thousand Units, 2017 - 2031

Figure 29: Canada Railroad Tie Market Value Size and Forecast, By Application, US$ Mn, 2017 - 2031

Figure 30: Canada Railroad Tie Market Incremental Opportunity, By Application, US$ Mn, 2017 – 2031

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