NEW YORK, November 14, 2016 /PRNewswire/ -- The Global Rolling Stock Investment is Projected to Rise From US$ 62.2 Bn in 2016 to US$ 75.5 Bn in 2024. Increasing Rolling Stock Production is Projected to Drive the Market Demand for Train Seat Materials Over the Forecast Period Persistence Market Research delivers key insights on the global train seat materials market in its latest report titled "Global Market Study on Train Seat Materials: Fabric Material Type Segment Anticipated to Remain Dominant Through 2024 ". Global sales of train seat materials is estimated to be valued at US$ 1,680.1 Mn by 2016 end, witnessing a Y-o-Y growth of 4.1% over 2015 and expanding at a CAGR of 5.3% during the forecast period (2016-2024). Europe is estimated to account for market value share of 35.1% in the global train seat materials market by 2016 end, and is projected to retain its dominance through the forecast period. (Logo: http://photos.prnewswire.com/prnh/20161114/438683LOGO ) Increasing environmental concerns pertaining to greenhouse gas emissions by various modes of transport is expected to drive the investments in more fuel efficient and environment friendly rail transportation. Growing investment in the industry will in turn boost the global rolling stock production. Furthermore, the increasing demand for high-speed trains in countries such as, China, Spain, and U.K. is expected to be a prominent driving factor for global train seat materials market over the forecast period. Report Analysis and Market Overview@http://www.persistencemarketresearch.com/market-research/train-seat-materials-market.asp On the basis of material type, train seats cover market is segmented as fabric, vinyl, and leather. Fabric segment is slated to possess the dominant value share of 68.5% in 2015 and is anticipated to retain its dominance through the forecast period. The leather segment anticipated to witness a highest CAGR owing to its increasing preference over other material types in the global market.