Railcar Spill Containment Systems Market: Perception toward Railcars as Feasible Alternative to Pipeline Crude Oil Shipments to Underpin Demand

Posted on 2019-07-02 by Mark Hub in Industrial // 0 Comments

Rockville, USA, 2019-Jul-02 — /EPR Network/ —The railcar spill containment market will witness promising growth – global sales estimated in excess of 4,100 units in 2018, according to a new study by Fact.MR. The report envisages that the railcar track pans will remain sought-after in the railcar spill containment market, accounting for approximately 60% volume share in 2018. Additionally, difference volume growth between railcar track pans and track berms is expected to be marginal in 2018.

Track pans have traditionally reigned supreme in the railcar spill containment market, in light of relatively more radical benefits associated with the use of track pans. Robust design for effective handling of hazardous chemicals’ spillage, coupled with greater capacity and impact resistance, are key attributes of track pans that underpin its supremacy in the railcar spill containment market.

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Petrochemical industry continue to play a vital role in the international industrial trends – natural gas liquids and crude oil remain key imperatives in the production of resins, plastics, and fibers. According to the IEA, investment in petrochemicals is expected to exceed US$ 20 billion in 2018, recording a rise of 15% over 2017. Attractive returns on petrochemical investments associated with higher availability of LPG and ethane from shale oil have sparked a proliferation in petrochemical production. As railcars are considered to be an essential transportation measure for crude oil, demand for railcar containment systems will remain robust in the foreseeable future.

The primary aim of the report is to provide authentic information on the railcar spill containment market, to enable readers in collecting and devising appropriate strategies. This will further help readers to align well with changing dynamics of the railcar spill containment market. Additionally, the report offers an overview of the railcar spill containment market, which offers better understanding on future prospects of the railcar spill containment market.

A taxonomy table included in the report offers a systematic representation of key segments identified in the railcar spill containment market. The railcar spill containment market has been categorically split into type, material, end-use industry, and region. Imperative numbers associated with the railcar spill containment market segments, such as CAGR, Y-o-Y growth, revenues, volume sales, and market share have been delivered in this report. A regional analysis on these segments of the railcar spill containment market has also been delivered in the report.

Competition Landscape

Fact.MR’s study offers holistic insights on demand & supply trends of the railcar spill containment systems worldwide, coupled with a detailed assessment on the competition landscape of the railcar spill containment market. The report also offers an exhaustive assessment on established and emerging players operating in the railcar spill containment market. Information on company overview, key financials, and recent developments of these railcar spill containment systems manufacturers has also been included in the report.

Key developments of railcar spill containment market players:

Polystar Containment has introduced its STAR TRACK^TM – modular railcar spill containment systems, which holds incidental spills occurring during the railcar transfer operations. These railcar spill containment systems contain low-profile walls that facilitate them in moving vehicles over.
Enpac LLC’s recently launched railcar spill containment system, called “Double IBC Dispensing Station,” is an integrated dispensing platform. Simple design of this railcar spill containment system features 2 IBC containers that are devoid of additional pallets or grates. Ample sump space in this railcar spill containment system enables dispensing released spills into smaller vessels.

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About Fact.MR

Fact.MR is a fast-growing market research firm that offers the most comprehensive suite of syndicated and customized market research reports. We believe transformative intelligence can educate and inspire businesses to make smarter decisions. We know the limitations of the one-size-fits-all approach; that’s why we publish multi-industry global, regional, and country-specific research reports.

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