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.



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Company Profile

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.

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

Scope of the Report

The research study analyzes the global Basalt Fiber industry from 360-degree analysis of the market thoroughly delivering insights into the market for better business decisions, considering multiple aspects some of which are listed below as:

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

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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

Key Questions Answered by Basalt Fiber Market Report

1. What was the Basalt Fiber Market size in 2019 and 2020; what are the estimated growth trends and market forecast (2021-2027).

2. What will be the CAGR of Basalt Fiber Market during the forecast period (2021-2027)?
3. 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).
4. Which manufacturer/vendor/players in the Basalt Fiber Market was the market leader in 2020?
5. Overview on the existing product portfolio, products in the pipeline, and strategic initiatives taken by key vendors in the market.



The report covers the following objectives:

• Proliferation and maturation of trade in the global Basalt Fiber market.

• The market share of the global 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 global Basalt Fiber market.

• Feasibility study, new market insights, company profiles, investment return, revenue (value), and consumption (volume) of the global Basalt Fiber market.


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