The global rail coatings market was valued at USD 834 million in 2023 and is projected to reach USD 1,213.20 million by 2032. This growth represents a compound annual growth rate (CAGR) of 5.50% from 2023 to 2032. The increasing need for durable and long-lasting rail infrastructure is a key driver behind this growth, as it directly impacts the rail transportation industry's operational costs, safety, and performance.
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