The global basalt fiber market is expected to witness significant growth owing to demand from industries such as automotive, building and construction, marine and electronics. It has emerged as a strong competitor for fiber-reinforced composites. Sandland is produced from basalt rock that melts at 1400 degrees Celsius. Basalt fiber is less expensive than glass fiber and is widely used in the automotive and aerospace industries due to its high structural integrity and mechanical properties.

A full report of Basalt Fiber Market available at https://www.orionmarketreports.com/basalt-fiber-market/10173/ 

Company Profiles 

Key players in the market include GMV, Mafic SA, Basaltex, Sudaglass Fiber Technology, Zhejiang GBF Basalt Fiber Co. Ltd, Shanxi Basalt Fiber Technology Co., KamennyVek, Jiang Su Tian Long Continuous Basalt Fiber High-Tech Co.Ltd, and Mineral. 

Basalt Fiber Market: Segmentation

By Usage Type

  • Composites
  • Non-Composites 

By Form

  • Continuous Basalt Fiber
  • Discrete Basalt Fiber

By Composite Processing Method

  • Pultrusion
  • PrePregs
  • Compression Moulding
  • Hand Layup
  • Resin Moulding
  • Vaccum Infusion
  • Spray Gun
  • Filament winding
  • Resin film Infusion (RFI)
  • Others

By Application

  • Concrete reinforcement
  • Roads
  • Mesh filters
  • Insulator
  • Wall Plugs
  • Spray Application
  • Refractory Bricks and Blocks
  • Walls and foundations
  • Coastline reinforcement
  • Reinforcement for Sports equipment and Automotive Parts
  • Water works
  • Ship & Boats Building
  • Shafts and tunnels
  • Composites
  • Others 

By End-use Industry

  • Construction & Infrastructure
  • Automotive & Transportation
  • Electrical & Electronics
  • Wind Energy
  • Marines
  • Others 

The report covers the following objectives: 

  • Proliferation and maturation of trade in the Basalt Fiber Market.
  • The market share of the Basalt Fiber Market, supply and demand ratio, growth revenue, supply chain analysis, and business overview.
  • Current and future market trends that are influencing the growth opportunities and growth rate of the Basalt Fiber Market.
  • Feasibility study, new market insights, company profiles, investment return, revenue (value), and consumption (volume) of the Basalt Fiber Market. 

Key Questions Answered by Basalt Fiber Market Report 

  • What was the Basalt Fiber Market size in 2019 and 2020; what are the estimated growth trends and market forecast (2021-2027).
  • What will be the CAGR of Basalt Fiber Market during the forecast period (2021-2027)?
  • Which segments (product type/applications/end-user) were most attractive for investments in 2021? How these segments are expected to grow during the forecast period (2021-2027).
  • Which manufacturer/vendor/players in the Basalt Fiber Market was the market leader in 2020?
  • Overview on the existing product portfolio, products in the pipeline, and strategic initiatives taken by key vendors in the market.

Recent Developments

o Market Overview and growth analysis
o Import and Export Overview
o Volume Analysis
o Current Market Trends and Future Outlook
o Market Opportunistic and Attractive Investment Segment

Geographic Coverage

o North America Market Size and/or Volume
o Latin America Market Size and/or Volume
o Europe Market Size and/or Volume
o Asia-Pacific Market Size and/or Volume
o Rest of the world Market Size and/or Volume 

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