The global Train Seat Materials Market is estimated to be valued at US$ 2,039.7 Mn in 2023 and is expected to exhibit a CAGR of 5.2% over the forecast period 2023 to 2030, as highlighted in a new report published by Coherent Market Insights.
Market Overview:
Train seat materials are designed to provide comfort and safety to passengers during their journey in trains. Materials like polyurethane foam, fabric covers, steel, and aluminum alloy frames are used in manufacturing train seats providing features like flame retardancy, flexibility, weight reduction and durability.
Market key trends:
One of the key trends in the train seat materials market is the growing demand for polyurethane foam. Polyurethane foam offers properties like lightweight, flame retardancy and thermal insulation, which makes it an ideal material for train seats. It provides cushioning and protects passengers from injuries in case of sudden halts or collisions. Moreover, polyurethane foam can be molded into any shape and size as per seating designs. Train manufacturers are opting for polyurethane foam over conventional fabrics and metals due to its superior performance and comfort. This growing preference for polyurethane foam as train seat material is expected to drive the growth of train seat materials market during the forecast period.
Segment Analysis
The global train seat materials market is segmented by material, train type, and passenger type. The material segment is further divided into fabric, foam, and composites. Among these, the foam segment dominated the market in 2022 due to its lightweight and durable properties. Foam provides excellent comfort, durability, and heat resistance which is ideal for train seat applications.
Key Takeaways
Global Train Seat Materials Market Demand is expected to witness high growth, exhibiting CAGR of 5.2% over the forecast period, due to increasing investments in rail infrastructure development projects globally.
Regional analysis
Regionally, Asia Pacific dominated the global market in 2022 and is expected to maintain its dominance during the forecast period. This is attributed to large investments in high-speed trains and metro expansion projects in emerging economies such as China and India. According to the India Brand Equity Foundation, Indian Railways aims to develop 45,000 kilometers of high-speed dedicated freight corridors by 2030.
Key players
Key players operating in the train seat materials market are Rescroft Ltd., USSC Group, Inc., Magna International, Inc., Rojac Urethane Limited, GRAMMER AG, TransCal, Freedman Seating Co., Delimajaya Group, Franz Kiel GmbH, iFoam Ltd., Compin-Fainsa, FlexoFoam Pvt. Ltd., FISA Srl, FENIX Group, LLC, and Kustom Seating Unlimited, Inc. and Others. Rescroft Ltd. is one of the leading providers of fabrics and composites for seating applications. It offers a wide range of fabrics catering to different transport sectors including rail. Magna International Inc. is another major player focusing on developing lightweight and comfortable seat foams for trains and automotive.
*Note:
1. Source: Coherent Market Insights, Public sources, Desk research
2. We have leveraged AI tools to mine information and compile it