High Speed Rail Coating Market 2016 Share, Trend and Forecast High Speed Rail Coating Market - Global Industry A | Página 2

consumption is driven by rapid growth in infrastructure development and need for
faster transportation at relatively cheaper rates. Developed nations like the U.S are
in the process of expanding their high-speed rail networks, due to the increasing
demand for mass transportation. Hence the high speed rail coating market is
expected to grow in North America. Many countries have developed high speed rail
to connect between countries such as Austria, Germany, Spain, and France, thus
augmenting the high speed rail coating market. China has 19,000 km of high speed
rail as of December 2015, accounting for two-thirds of the world's total and hence
being the world’s largest consumer of high speed rail coating.
Some of the key players in the high speed rail coating market include Akzo Nobel
N.V, BASF SE, PPG Industries, Inc., The Valspar Corporation, Axalta Coating Systems,
LLC, PSG Limited, GLS Coatings Ltd, Zytexx, The Sherwin-Williams Company, Fosroc,
Henkel, Hollysys, and Siemens.
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The regional analysis covers:
North America (U.S. and Canada)
Latin America (Mexico, Brazil, Peru, Chile, and others)