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2021
Continuous Basalt Fiber Market

Continuous Basalt Fiber Market by Type (Basic and Advanced), Product Type (Roving, Chopped Strands, Fabrics, and Others), Processing Technology (Pultrusion, Vacuum Infusion, Texturizing, Stitching & Weaving, and Others), and End User (Construction, Transportation, Industrial, and Others): Global Opportunity Analysis and Industry Forecast, 2021–2030

A02176
Pages: 223
Sep 2021 | 5418 Views
   
Author(s) : Priyanka Khandelwal
Tables: 141
Charts: 44
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COVID-19

Pandemic disrupted the entire world and affected many industries.

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The global continuous basalt fiber market size was valued at $173.7 million in 2020, and is expected to reach $473.4 million by 2030, with a CAGR of 10.3% from 2021 to 2030.  Continuous basalt fiber is manufactured from basalt rock, by melting at 14000C. Continuous basalt fiber is a substitute to fiberglass and steel for reinforcing concrete. Basalt fiber is produced by washing, crushing, and melting basalt rock that is then drawn into continuous stand. Continuous basalt fiber can be used to produce finished and semi-finished products such as geogrids, roving, yarns, rebar, and chopped roving. Continuous basalt fiber is used in industries such as automotive, aerospace, defense, wind, and nuclear sectors. 

The COVID 19 outbreak has affected the growth of the global continuous basalt fiber industry owing to the lockdown measure in the countries and delay in manufacturing and production of continuous basalt fiber which are utilized in automotive, manufacturing, and energy sectors.

Rise in adoption of continuous basalt fiber in industries such as automotive, aerospace, defense, and construction fuels the continuous basalt fiber market growth. In addition, increase in residential construction and dwelling activities globally acts as a key driving force of the global continuous basalt fiber market. For instance, the residential construction industry in the UK grew by 2.9% from 2015 to 2019. Moreover, the construction industry in the U.S. is expected to grow at a rate of 5%, and reach $1,428.5 billion by 2024. In addition, increase in disposal income of individuals and improvement in standard of living of people in developing countries are expected to boost growth of the market.

Continuous-Basalt-Fiber-Market--2021-2030

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Moreover, increase in spending on home remodeling and retrofitting activities, which is expected to rise in demand for non-woven fabrics, and continuous basalt fiber, owing to features such as lightweight, flexible, and corrosion resistant, which drives growth of the continuous basalt fiber market. Rise in standard of living and disposable income of population is expected to increase demand for continuous basalt fiber products in electric vehicles, automotive, and aerospace industries, which fuels growth of the continuous basalt fiber market. For instance, disposable income of population in Brazil grew by 5.3% from 2017 to 2019. 

However, fluctuations in raw material prices and difficulty in promotion of basalt fibers are anticipated restrain growth of the global market. Furthermore, growth in the wind energy market and rise in adoption of environmentally friendly & recyclable materials are anticipated to provides lucrative opportunities for growth of the global continuous basalt fiber market. 

In addition, the COVID-19 pandemic has shut-down production and sales of various products in the market, mainly owing to prolonged lockdown in major global countries including the U.S., Italy, and the UK. This has hampered growth of the continuous basalt fiber market significantly in last few months, and is expected to continue during the pandemic. Moreover, lockdowns have also led to a halt in construction activities, which hampered demand for the continuous basalt fiber market in 2020.

Continuous Basalt Fiber Market
By Type

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Advanced segment is projected to grow at a significant CAGR

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The global continuous basalt fiber market is segmented on the basis of type, product type, processing technology, end user, and region. On the basis of type, the market is divided into basic and advanced. The basic segment generated the highest revenue in 2020. By product type, it is divided into roving, chopped strands, fabrics, and others. The roving segment dominated the market in 2020. On the basis of processing technology, the market is categorized into pultrusion, vacuum infusion, texturizing, stitching & weaving, and others. The others segment generated highest revenue in 2020. On the basis of end user, it is divided into construction, transportation, industrial, and others.

Continuous Basalt Fiber Market
By Product Type

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Roving segment generated the highest revenue.

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Region wise, the global continuous basalt fiber market analysis is conducted across North America (the U.S., Canada, and Mexico), Europe (the UK, France, Germany, Italy, and rest of Europe), Asia-Pacific (China, Japan, India, Australia, and rest of Asia-Pacific), and LAMEA (Latin America, the Middle East, and Africa). In 2020, Asia-Pacific was the highest contributor to the global continuous basalt fiber market share, and is anticipated to secure a leading position during the forecast period.

Continuous Basalt Fiber Market
By Processing Technology

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Others segment holds dominant position in 2020

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Competition Analysis

Key players profiled in this report include The Basaltex NV, Hengdian Group, Shanxi Yaxin Group, Fiberbas, Jilin Tongxin Basalt Technology Co Ltd, Armbasalt CJCS, Technobasalt-Invest LLC, Kamenny Vek, LAVAintel, and Isomatex S.A.

Continuous Basalt Fiber Market
By Region

2030
Asia-pacific 
North America
Europe
Lamea

Asia-Pacific holds a dominant position in 2020.

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Key Benefits For Stakeholders

  • The report provides an extensive analysis of the current and emerging global continuous basalt fiber market trends and dynamics.  
  • In-depth analysis of the market is conducted by estimations for the key market segments between 2020 and 2030. 
  • Extensive analysis of the market is conducted by following key product positioning and monitoring of the top competitors within the market framework.
  • A comprehensive global continuous basalt fiber market opportunity analysis of all the countries is also provided in the report.
  • The global continuous basalt fiber market forecast analysis from 2021 to 2030 is included in the report.
  • The key players within the market are profiled in this report and their strategies are analyzed thoroughly, which help understand the competitive outlook of the continuous basalt fiber industry. 

Global Continuous Basalt Fiber Market Segments

By Type

  • Basic
    • Construction
    • Transportation
    • Industrial
    • Others
  • Advanced
    • Construction
    • Transportation
    • Industrial
    • Others

By Product Type

  • Roving
  • Chopped Strands
  • Fabrics
  • Others

By Processing Technology

  • Pultrusion
  • Vacuum Infusion
  • Texturizing
  • Stitching & Weaving
  • Others

By End User

  • Construction
  • Transportation
  • Industrial
  • Others

By Region

  • North America
    • U.S.
    • Canada
    • Mexico
  • Europe
    • Germany
    • UK
    • France
    • Russia
    • Rest of Europe
  • Asia-Pacific
    • China
    • South Korea
    • Japan
    • Rest of Asia-Pacific
  • LAMEA
    • Latin America
    • Middle East 
    • Africa

Key Players

  • Basaltex NV
  • Hengdian Group
  • Shanxi Yaxin Group
  • Fiberbas
  • Jilin Tongxin Basalt Technology Co Ltd
  • Armbasalt CJCS
  • Technobasalt-Invest LLC
  • Kamenny Vek
  • LAVAintel
  • Isomatex S.A.
 

CHAPTER 1:INTRODUCTION

1.1.REPORT DESCRIPTION
1.2.KEY BENEFITS FOR STAKEHOLDERS
1.3.KEY MARKET SEGMENTS
1.4.KEY MARKET PLAYERS
1.5.RESEARCH METHODOLOG

1.5.1.Primary research
1.5.2.Secondary research
1.5.3.Analyst tools and models

CHAPTER 2:EXECUTIVE SUMMARY

2.1.KEY FINDINGS OF THE STUDY
2.2.CXO PERSPECTIVE

CHAPTER 3:MARKET OVERVIEW

3.1.MARKET DEFINITION AND SCOPE
3.2.KEY FINDINGS

3.2.1.Top Investment Pockets

3.3.PORTER'S FIVE FORCES ANALYSIS
3.4.MARKET PLAYER POSITIONING, 2020
3.5.MARKET DYNAMICS

3.5.1.Drivers

3.5.1.1.Increase in demand for non-corrosive materials from construction industry
3.5.1.2.Growth in construction sector
3.5.1.3.Increase in spending on home remodeling and retrofitting activities

3.5.2.Restraints

3.5.2.1.Difficulty in promotion of basalt fiber
3.5.2.2.High raw material prices

3.5.3.Opportunity

3.5.3.1.Growing wind energy market
3.5.3.2.Growing adoption of environmentally friendly and recyclable material

3.6.COVID-19 IMPACT ANALYSIS

CHAPTER 4:CONTINUOUS BASALT FIBER MARKET, BY TYPE

4.1.OVERVIEW

4.1.1.Market size and forecast, by type

4.2.BASIC

4.2.1.Key market trends, growth factors, and opportunities
4.2.2.Market size and forecast, by region
4.2.3.Market size and forecast, by end user
4.2.4.Market analysis, by country

4.3.ADVANCED

4.3.1.Key market trends, growth factors, and opportunities
4.3.2.Market size and forecast, by region
4.3.3.Market size and forecast, by end user
4.3.4.Market analysis, by country

CHAPTER 5:CONTINUOUS BASALT FIBER MARKET, BY PRODUCT TYPE

5.1.OVERVIEW

5.1.1.Market size and forecast, by product type

5.2.ROVING

5.2.1.Key market trends, growth factors, and opportunities
5.2.2.Market size and forecast, by region
5.2.3.Market analysis, by country

5.3.CHOPPED STRANDS

5.3.1.Key market trends, growth factors, and opportunities
5.3.2.Market size and forecast, by region
5.3.3.Market analysis, by country

5.4.FABRICS

5.4.1.Key market trends, growth factors, and opportunities
5.4.2.Market size and forecast, by region
5.4.3.Market analysis, by country

5.5.OTHERS

5.5.1.Key market trends, growth factors, and opportunities
5.5.2.Market size and forecast, by region
5.5.3.Market analysis by country

CHAPTER 6:GLOBAL CONTINUOUS BASALT FIBER MARKET, BY PROCESSING TECHNOLOGY

6.1.OVERVIEW

6.1.1.Market size and forecast, by end user

6.2.PULTRUSION

6.2.1.Key market trends, growth factors, and opportunities
6.2.2.Market size and forecast, by region
6.2.3.Market analysis, by country

6.3.VACUUM INFUSION

6.3.1.Key market trends, growth factors, and opportunities
6.3.2.Market size and forecast, by region
6.3.3.Market analysis, by country

6.4.TEXTURIZING

6.4.1.Key market trends, growth factors, and opportunities
6.4.2.Market size and forecast, by region
6.4.3.Market analysis, by country

6.5.STITCHING & WEAVING

6.5.1.Key market trends, growth factors, and opportunities
6.5.2.Market size and forecast, by region
6.5.3.Market analysis by country

6.6.OTHERS

6.6.1.Key market trends, growth factors, and opportunities
6.6.2.Market size and forecast, by region
6.6.3.Market analysis by country

CHAPTER 7:CONTINUOUS BASALT FIBER MARKET, BY END USER

7.1.OVERVIEW

7.1.1.Market size and forecast, by end user

7.2.CONSTRUCTION

7.2.1.Key market trends, growth factors, and opportunities
7.2.2.Market size and forecast, by region
7.2.3.Market analysis, by country

7.3.TRANSPORTATION

7.3.1.Key market trends, growth factors, and opportunities
7.3.2.Market size and forecast, by region
7.3.3.Market analysis, by country

7.4.INDUSTRIAL

7.4.1.Key market trends, growth factors, and opportunities
7.4.2.Market size and forecast, by region
7.4.3.Market analysis, by country

7.5.OTHERS

7.5.1.Key market trends, growth factors, and opportunities
7.5.2.Market size and forecast, by region
7.5.3.Market analysis by country

CHAPTER 8:CONTINUOUS BASALT FIBER MARKET, BY REGION

8.1.OVERVIEW

8.1.1.Market size and forecast, by region

8.2.NORTH AMERICA

8.2.1.Key market trends, growth factors, and opportunities
8.2.2.Market size and forecast, by type

8.2.2.1.North America market size and forecast for basic, by end user
8.2.2.2.North America market size and forecast for advanced, by end user

8.2.3.Market size and forecast, by product type
8.2.4.Market size and forecast, by processing technology
8.2.5.Market size and forecast, by end user
8.2.6.Market analysis, by country

8.2.6.1.U.S.

8.2.6.1.1.Market size and forecast, by type
8.2.6.1.2.Market size and forecast, by product type
8.2.6.1.3.Market size and forecast, by processing technology
8.2.6.1.4.Market size and forecast, by end user

8.2.6.2.Canada

8.2.6.2.1.Market size and forecast, by type
8.2.6.2.2.Market size and forecast, by product type
8.2.6.2.3.Market size and forecast, by processing technology
8.2.6.2.4.Market size and forecast, by end user

8.2.6.3.Mexico

8.2.6.3.1.Market size and forecast, by type
8.2.6.3.2.Market size and forecast, by product type
8.2.6.3.3.Market size and forecast, by processing technology
8.2.6.3.4.Market size and forecast, by end user

8.3.EUROPE

8.3.1.Key market trends, growth factors, and opportunities
8.3.2.Market size and forecast, by type

8.3.2.1.Europe market size and forecast for basic, by end user
8.3.2.2.Europe market size and forecast for advanced, by end user

8.3.3.Market size and forecast, by product type
8.3.4.Market size and forecast, by processing technology
8.3.5.Market size and forecast, by end user
8.3.6.Market analysis, by country

8.3.6.1.Germany

8.3.6.1.1.Market size and forecast, by type
8.3.6.1.2.Market size and forecast, by product type
8.3.6.1.3.Market size and forecast, by processing technology
8.3.6.1.4.Market size and forecast, by end user

8.3.6.2.France

8.3.6.2.1.Market size and forecast, by type
8.3.6.2.2.Market size and forecast, by product type
8.3.6.2.3.Market size and forecast, by processing technology
8.3.6.2.4.Market size and forecast, by end user

8.3.6.3.UK

8.3.6.3.1.Market size and forecast, by type
8.3.6.3.2.Market size and forecast, by product type
8.3.6.3.3.Market size and forecast, by processing technology
8.3.6.3.4.Market size and forecast, by end user

8.3.6.4.Russia

8.3.6.4.1.Market size and forecast, by type
8.3.6.4.2.Market size and forecast, by product type
8.3.6.4.3.Market size and forecast, by processing technology
8.3.6.4.4.Market size and forecast, by end user

8.3.6.5.Rest of Europe

8.3.6.5.1.Market size and forecast, by type
8.3.6.5.2.Market size and forecast, by product type
8.3.6.5.3.Market size and forecast, by processing technology
8.3.6.5.4.Market size and forecast, by end user

8.4.ASIA-PACIFIC

8.4.1.Key market trends, growth factors, and opportunities
8.4.2.Market size and forecast, by type

8.4.2.1.Asia-Pacific market size and forecast for basic, by end user
8.4.2.2.Asia-Pacific market size and forecast for advanced, by end user

8.4.3.Market size and forecast, by product type
8.4.4.Market size and forecast, by processing technology
8.4.5.Market size and forecast, by end user
8.4.6.Market analysis, by country

8.4.6.1.China

8.4.6.1.1.Market size and forecast, by type
8.4.6.1.2.Market size and forecast, by product type
8.4.6.1.3.Market size and forecast, by processing technology
8.4.6.1.4.Market size and forecast, by end user

8.4.6.2.Japan

8.4.6.2.1.Market size and forecast, by type
8.4.6.2.2.Market size and forecast, by product type
8.4.6.2.3.Market size and forecast, by processing technology
8.4.6.2.4.Market size and forecast, by end user

8.4.6.3.South Korea

8.4.6.3.1.Market size and forecast, by type
8.4.6.3.2.Market size and forecast, by product type
8.4.6.3.3.Market size and forecast, by processing technology
8.4.6.3.4.Market size and forecast, by end user

8.4.6.4.Rest of Asia-Pacific

8.4.6.4.1.Market size and forecast, by type
8.4.6.4.2.Market size and forecast, by product type
8.4.6.4.3.Market size and forecast, by processing technology
8.4.6.4.4.Market size and forecast, by end user

8.5.LAMEA

8.5.1.Key market trends, growth factors, and opportunities
8.5.2.Market size and forecast, by type

8.5.2.1.LAMEA market size and forecast for basic, by end user
8.5.2.2.LAMEA market size and forecast for advanced, by end user

8.5.3.Market size and forecast, by product type
8.5.4.Market size and forecast, by processing technology
8.5.5.Market size and forecast, by end user
8.5.6.Market analysis, by country

8.5.6.1.Latin America

8.5.6.1.1.Market size and forecast, by type
8.5.6.1.2.Market size and forecast, by product type
8.5.6.1.3.Market size and forecast, by processing technology
8.5.6.1.4.Market size and forecast, by end user

8.5.6.2.Middle East

8.5.6.2.1.Market size and forecast, by type
8.5.6.2.2.Market size and forecast, by product type
8.5.6.2.3.Market size and forecast, by processing technology
8.5.6.2.4.Market size and forecast, by end user

8.5.6.3.Africa

8.5.6.3.1.Market size and forecast, by type
8.5.6.3.2.Market size and forecast, by product type
8.5.6.3.3.Market size and forecast, by processing technology
8.5.6.3.4.Market size and forecast, by end user

CHAPTER 9:COMPANY PROFILES

9.1.BASALTEX NV

9.1.1.Company overview
9.1.2.Key executives
9.1.3.Company snapshot
9.1.4.Product portfolio

9.2.HENGDIAN GROUP (HG GBF BASALT FIBER CO. LTD)

9.2.1.Company overview
9.2.2.Key executive
9.2.3.Company snapshot
9.2.4.Operating business segments
9.2.5.Product portfolio

9.3.SHANXI YAXIN GROUP (SHANXI BASALT FIBER TECHNOLOGY CO., LTD)

9.3.1.Company overview
9.3.2.Key executives
9.3.3.Company snapshot
9.3.4.Product portfolio

9.4.FIBERBAS

9.4.1.Company overview
9.4.2.Key executives
9.4.3.Company snapshot
9.4.4.Product portfolio

9.5.JILIN TONGXIN BASALT TECHNOLOGY CO. LTD

9.5.1.Company overview
9.5.2.Key executives
9.5.3.Company snapshot
9.5.4.Product portfolio

9.6.ARMBASALT CJSC

9.6.1.Company overview
9.6.2.Key executives
9.6.3.Company snapshot
9.6.4.Product portfolio

9.7.TECHNOBASALT-INVEST LLC

9.7.1.Company overview
9.7.2.Key executives
9.7.3.Company snapshot
9.7.4.Product portfolio

9.8.KAMENNY VEK

9.8.1.Company overview
9.8.2.Key executives
9.8.3.Company snapshot
9.8.4.Product portfolio
9.8.5.Key strategic moves and developments

9.9.LAVAINTEL

9.9.1.Company overview
9.9.2.Key executives
9.9.3.Company snapshot
9.9.4.Product portfolio

9.10.ISOMATEX S.A.

9.10.1.Company overview
9.10.2.Key executives
9.10.3.Company snapshot
9.10.4.Product portfolio

LIST OF TABLES

Table 01.GLOBAL continuous basalt fiber market REVENUE, type, 2020–2030 ($thousand)
Table 02.continuous basalt fiber Market revenue for basic, by region, 2020–2030 ($thousand)
Table 03.continuous basalt fiber Market revenue for basic, by end user, 2020–2030 ($thousand)
Table 04.continuous basalt fiber Market revenue for advanced, by region 2020–2030 ($thousand)
Table 05.continuous basalt fiber Market revenue for advanced, by end user, 2020–2030 ($thousand)
Table 06.GLOBAL continuous basalt fiber MARKET REVENUE, product type, 2020–2030 ($thousand)
Table 07.continuous basalt fiber Market revenue for roving, by region, 2020–2030 ($thousand)
Table 08.continuous basalt fiber Market revenue for chopped strands, by region 2020–2030 ($thousand)
Table 09.continuous basalt fiber Market revenue for fabrics, by region, 2020–2030 ($thousand)
Table 10.continuous basalt fiber MARKET REVENUE FOR others, BY REGION, 2020–2030 ($thousand)
Table 11.GLOBAL continuous basalt fiber MARKET REVENUE, processing technology, 2020–2030 ($thousand)
Table 12.continuous basalt fiber Market revenue for pultrusion, by region, 2020–2030 ($thousand)
Table 13.continuous basalt fiber market revenue for vacuum infusion, by region 2020–2030 ($thousand)
Table 14.continuous basalt fiber market revenue for texturizing, by region, 2020–2030 ($thousand)
Table 15.continuous basalt fiber MARKET REVENUE FOR stitching & weaving, BY REGION, 2020–2030 ($thousand)
Table 16.continuous basalt fiber MARKET REVENUE FOR others, BY REGION, 2020–2030 ($thousand)
Table 17.continuous basalt fiber MARKET REVENUE, by end user 2020–2030 ($thousand)
Table 18.continuous basalt fiber Market revenue for construction, by region, 2020–2030 ($thousand)
Table 19.continuous basalt fiber Market revenue for transportation, by region 2020–2030 ($thousand)
Table 20.continuous basalt fiber market revenue for industrial, by region, 2020–2030 ($thousand)
Table 21.continuous basalt fiber MARKET REVENUE FOR others, BY REGION, 2020–2030 ($thousand)
Table 22.continuous basalt fiber market REVENUE, by region 2020–2030 ($thousand)
Table 23.NORTH AMERICA continuous basalt fiber MARKET REVENUE, by type, 2020–2030 ($thousand)
Table 24.NORTH AMERICA continuous basalt fiber market revenue for basic, by end user, 2020–2030 ($thousand)
Table 25.NORTH AMERICA continuous basalt fiber market revenue for advanced, by end user, 2020–2030 ($thousand)
Table 26.NORTH AMERICA continuous basalt fiber MARKET REVENUE, by product type, 2020–2030 ($thousand)
Table 27.NORTH AMERICA continuous basalt fiber MARKET revenue, BY processing technology, 2020-2030 ($thousand)
Table 28.NORTH AMERICA continuous basalt fiber MARKET revenue, BY end user, 2020-2030 ($thousand)
Table 29.North America continuous mARKET REVENUE, BY COUNTRY, 2020–2030 ($THOUSAND)
Table 30.U.S. continuous basalt fiber market REVENUE, by type, 2020–2030 ($thousand)
Table 31.U.S. continuous basalt fiber market REVENUE, by product type, 2020–2030 ($thousand)
Table 32.U.S. continuous fiber market REVENUE, by processing technology, 2020–2030 ($thousand)
Table 33.U.S. continuous basalt fiber market REVENUE, by end user, 2020–2030 ($thousand)
Table 34.canada continuous basalt fiber market REVENUE, by type, 2020–2030 ($thousand)
Table 35.canada continuous basalt fiber market REVENUE, by product type, 2020–2030 ($thousand)
Table 36.canada continuous fiber market REVENUE, by processing technology, 2020–2030 ($thousand)
Table 37.canada continuous basalt fiber market REVENUE, by end user, 2020–2030 ($thousand)
Table 38.mexico continuous basalt fiber market REVENUE, by type, 2020–2030 ($thousand)
Table 39.mexico continuous basalt fiber market REVENUE, by product type, 2020–2030 ($thousand)
Table 40.mexico continuous fiber market REVENUE, by processing technology, 2020–2030 ($thousand)
Table 41.mexico continuous basalt fiber market REVENUE, by end user, 2020–2030 ($thousand)
Table 42.EUROPE continuous basalt fiber MARKET REVENUE, by type, 2020–2030 ($thousand)
Table 43.europe continuous basalt fiber market revenue for basic, by end user, 2020–2030 ($thousand)
Table 44.europe continuous basalt fiber market revenue for advanced, by end user, 2020–2030 ($thousand)
Table 45.EUROPE continuous basalt fiber MARKET REVENUE, by product type, 2020–2030 ($thousand)
Table 46.EUROPE continuous basalt fiber MARKET revenue, BY processing technology, 2020-2030 ($thousand)
Table 47.EUROPE continuous basalt fiber MARKET revenue, BY end user, 2020-2030 ($thousand)
Table 48.Europe continuous mARKET REVENUE, BY COUNTRY, 2020–2030 ($THOUSAND)
Table 49.GERMANY continuous basalt fiber market REVENUE, by type, 2020–2030 ($thousand)
Table 50.GERMANY continuous basalt fiber market REVENUE, by product type, 2020–2030 ($thousand)
Table 51.GERMANY continuous fiber market REVENUE, by processing technology, 2020–2030 ($thousand)
Table 52.GERMANY continuous basalt fiber market REVENUE, by end user, 2020–2030 ($thousand)
Table 53.FRANCE continuous basalt fiber market REVENUE, by type, 2020–2030 ($thousand)
Table 54.FRANCE continuous basalt fiber market REVENUE, by product type, 2020–2030 ($thousand)
Table 55.FRANCE continuous fiber market REVENUE, by processing technology, 2020–2030 ($thousand)
Table 56.FRANCE continuous basalt fiber market REVENUE, by end user, 2020–2030 ($thousand)
Table 57.UK continuous basalt fiber market REVENUE, by type, 2020–2030 ($thousand)
Table 58.UK continuous basalt fiber market REVENUE, by product type, 2020–2030 ($thousand)
Table 59.UK continuous fiber market REVENUE, by processing technology, 2020–2030 ($thousand)
Table 60.Uk continuous basalt fiber market REVENUE, by end user, 2020–2030 ($thousand)
Table 61.russia continuous basalt fiber market REVENUE, by type, 2020–2030 ($thousand)
Table 62.russia continuous basalt fiber market REVENUE, by product type, 2020–2030 ($thousand)
Table 63.russia continuous fiber market REVENUE, by processing technology, 2020–2030 ($thousand)
Table 64.russia continuous basalt fiber market REVENUE, by end user, 2020–2030 ($thousand)
Table 65.REST OF EUROPE continuous basalt fiber market REVENUE, by type, 2020–2030 ($thousand)
Table 66.REST OF EUROPE continuous basalt fiber market REVENUE, by product type, 2020–2030 ($thousand)
Table 67.REST OF EUROPE continuous fiber market REVENUE, by processing technology, 2020–2030 ($thousand)
Table 68.REST OF EUROPE continuous basalt fiber market REVENUE, by end user, 2020–2030 ($thousand)
Table 69.ASIA-PACIFIC continuous basalt fiber MARKET REVENUE, by type, 2020–2030 ($thousand)
Table 70.asia-pacific continuous basalt fiber market revenue for basic, by end user, 2020–2030 ($thousand)
Table 71.asia-pacific continuous basalt fiber market revenue for advanced, by end user, 2020–2030 ($thousand)
Table 72.ASIA-PACIFIC continuous basalt fiber MARKET REVENUE, by product type, 2020–2030 ($thousand)
Table 73.ASIA-PACIFIC continuous basalt fiber MARKET revenue, BY processing technology, 2020-2030 ($thousand)
Table 74.ASIA-PACIFIC continuous basalt fiber MARKET revenue, BY end user, 2020-2030 ($thousand)
Table 75.Asia-pacific continuous mARKET REVENUE, BY COUNTRY, 2020–2030 ($THOUSAND)
Table 76.CHINA continuous basalt fiber market REVENUE, by type, 2020–2030 ($thousand)
Table 77.CHINA continuous basalt fiber market REVENUE, by product type, 2020–2030 ($thousand)
Table 78.CHINA continuous fiber market REVENUE, by processing technology, 2020–2030 ($thousand)
Table 79.China continuous basalt fiber market REVENUE, by end user, 2020–2030 ($thousand)
Table 80.JAPAN continuous basalt fiber market REVENUE, by type, 2020–2030 ($thousand)
Table 81.JAPAN continuous basalt fiber market REVENUE, by product type, 2020–2030 ($thousand)
Table 82.JAPAN continuous fiber market REVENUE, by processing technology, 2020–2030 ($thousand)
Table 83.japan continuous basalt fiber market REVENUE, by end user, 2020–2030 ($thousand)
Table 84.south korea continuous basalt fiber market REVENUE, by type, 2020–2030 ($thousand)
Table 85.south korea continuous basalt fiber market REVENUE, by product type, 2020–2030 ($thousand)
Table 86.south korea continuous fiber market REVENUE, by processing technology, 2020–2030 ($thousand)
Table 87.south korea continuous basalt fiber market REVENUE, by end user, 2020–2030 ($thousand)
Table 88.REST OF ASIA-PACIFIC continuous basalt fiber market REVENUE, by type, 2020–2030 ($thousand)
Table 89.REST OF ASIA-PACIFIC continuous basalt fiber market REVENUE, by product type, 2020–2030 ($thousand)
Table 90.REST OF ASIA-PACIFIC continuous fiber market REVENUE, by processing technology, 2020–2030 ($thousand)
Table 91.rest of asia-pacific continuous basalt fiber market REVENUE, by end user, 2020–2030 ($thousand)
Table 92.LAMEA continuous basalt fiber MARKET REVENUE, by type, 2020–2030 ($thousand)
Table 93.lamea continuous basalt fiber market revenue for basic, by end user, 2020–2030 ($thousand)
Table 94.lamea continuous basalt fiber market revenue for advanced, by end user, 2020–2030 ($thousand)
Table 95.LAMEA continuous basalt fiber MARKET REVENUE, by product type, 2020–2030 ($thousand)
Table 96.LAMEA continuous basalt fiber MARKET revenue, BY processing technology, 2020-2030 ($thousand)
Table 97.LAMEA continuous basalt fiber MARKET revenue, BY end user, 2020-2030 ($thousand)
Table 98.lamea continuous mARKET REVENUE, BY COUNTRY, 2020–2030 ($THOUSAND)
Table 99.LATIN AMERICA continuous basalt fiber market REVENUE, by type, 2020–2030 ($thousand)
Table 100.LATIN AMERICA continuous basalt fiber market REVENUE, by product type, 2020–2030 ($thousand)
Table 101. ATIN AMERICA continuous fiber market REVENUE, by processing technology, 2020–2030 ($thousand)
Table 102.latin america continuous basalt fiber market REVENUE, by end user, 2020–2030 ($thousand)
Table 103.MIDDLE EAST continuous basalt fiber market REVENUE, by type, 2020–2030 ($thousand)
Table 104.MIDDLE EAST continuous basalt fiber market REVENUE, by product type, 2020–2030 ($thousand)
Table 105.MIDDLE EAST continuous fiber market REVENUE, by processing technology, 2020–2030 ($thousand)
Table 106.middle east continuous basalt fiber market REVENUE, by end user, 2020–2030 ($thousand)
Table 107.AFRICA continuous basalt fiber market REVENUE, by type, 2020–2030 ($thousand)
Table 108.AFRICA continuous basalt fiber market REVENUE, by product type, 2020–2030 ($thousand)
Table 109.africa continuous fiber market REVENUE, by processing technology, 2020–2030 ($thousand)
Table 110. frica continuous basalt fiber market REVENUE, by end user, 2020–2030 ($thousand)
Table 111.BASALTEX NV: KEY EXECUTIVES
Table 112.basaltex nv: company Snapshot
Table113.basaltex nv: PRODUCT portfolio
Table 114. hengdian group: KEY EXECUTIVE
Table 115.hengdian group: company Snapshot
Table 116.hengdian group: Operating segments
Table 117.HG GBF Basalt Fiber Co., LTD: PRODUCT portfolio
Table 118.shanxi yaxin group: key executive
Table 119.Shanxi Basalt Fibre Technology Co., Ltd: company Snapshot
Table 120.Shanxi Basalt Fiber Technology Co., Ltd: PRODUCT portfolio
Table 121.fiberbas: key executive
Table 122.fiberbas: company Snapshot
Table 123.fiberbas: PRODUCT portfolio
Table 124.Jilin Tongxin Basalt Technology Co., Ltd.: key executive
Table 125.Jilin Tongxin Basalt Technology Co., Ltd: company Snapshot
Table 126.Jilin Tongxin Technology Co., Ltd.: PRODUCT portfolio
Table 127.ARMBASalt CJSC: key executive
Table 128.armbasalt cjsc.: company Snapshot
Table 129.armbasalt cjsc.: PRODUCT portfolio
Table 130.Technobasalt-Invest, LLC: key executive
Table 131.Technobasalt-Invest, LLC: company Snapshot
Table 132.technobasalt-invest llc: PRODUCT portfolio
Table 133.kamenny vek: key executive
Table 134.kamenny vek: company Snapshot
Table 135.kamenny vek: PRODUCT portfolio
Table 136.lavaintel: key executive
Table 137.lavaintel: company Snapshot
Table 138.ems-tech inc : PRODUCT portfolio
Table 139.isomatex s.a.: key executive
Table 140.isomatex s.a.: company Snapshot
Table 141.isomatex s.a.: PRODUCT portfolio

LIST OF FIGURES

Figure 01.Key market segments
Figure 02.executive summary
Figure 03.Top investment pockets
Figure 04.low-to-high bargaining power of suppliers
Figure 05.low-to-high BARGAINING POWER OF BUYERS
Figure 06.low to high THREAT OF SUBSTITUTES
Figure 07.modrate to high- THREAT OF NEW ENTRANTS
Figure 08.moderate to high INTENSITY OF RIVALRY
Figure 09.market player positioning, 2020
Figure 10.global continuous basalt fiber Market, BY type, 2020-2030 (%)
Figure 11.continuous basalt fiber Market for basic, BY COUNTRY, 2020 & 2030 (%)
Figure 12.continuous basalt fiber Market for advanced, BY COUNTRY, 2020 & 2030 (%)
Figure 13.continuous basalt fiber Market, BY product type, 2020-2030 (%)
Figure 14.continuous basalt fiber Market for roving, BY COUNTRY, 2020 & 2030 (%)
Figure 15.continuous basalt fiber Market for chopped strands, BY COUNTRY, 2020 & 2030 (%)
Figure 16.continuous basalt fiber Market for fabrics, BY COUNTRY, 2020 & 2030 (%)
Figure 17.COMPARATIVE SHARE ANALYSIS OF continuous basalt fiber market FOR others, BY COUNTRY, 2020 & 2030 (%)
Figure 18.global continuous basalt fiber Market, BY processing technology, 2020-2030 (%)
Figure 19.continuous Market for pultrusion, BY pultrusion, 2020 & 2030 (%)
Figure 20.continuous basalt fiber Market for vacuum infusion, BY COUNTRY, 2020 & 2030 (%)
Figure 21.continuous basalt fiber Market for texturizing, BY COUNTRY, 2020 & 2030 (%)
Figure 22.COMPARATIVE SHARE ANALYSIS OF continuous basalt fiber market FOR stitching & weaving, BY COUNTRY,  2020 & 2030 (%)
Figure 23.COMPARATIVE SHARE ANALYSIS OF continuous basalt fiber market FOR others, BY COUNTRY,  2020 & 2030 (%)
Figure 24.continuous basalt fiber Market, BY end user, 2020-2030 (%)
Figure 25.continuous basalt fiber Market for construction, BY COUNTRY, 2020 & 2030 (%)
Figure 26.continuous basalt fiber market for transportation, BY COUNTRY, 2020 & 2030 (%)
Figure 27.continuous basalt fiber Market for industrial, BY COUNTRY, 2020 & 2030 (%)
Figure 28.COMPARATIVE SHARE ANALYSIS OF continuous basalt fiber market FOR others, BY COUNTRY,  2020 & 2030 (%)
Figure 29.continuous basalt fiber market, By region, 2020-2030
Figure 30.U.S. continuous basalt fiber MARKET REVENUE, 2020-2030 ($thousand)
Figure 31.canada continuous basalt fiber MARKET REVENUE, 2020-2030 ($thousand)
Figure 32.mexico continuous basalt fiber MARKET REVENUE, 2020-2030 ($thousand)
Figure 33.GERMANY continuous basalt fiber MARKET REVENUE, 2020-2030 ($thousand)
Figure 34.france continuous basalt fiber MARKET REVENUE, 2020-2030 ($thousand)
Figure 35.UK continuous basalt fiber MARKET REVENUE, 2020-2030 ($thousand)
Figure 36.russia continuous basalt fiber MARKET REVENUE, 2020-2030 ($thousand)
Figure 37.REST OF EUROPE continuous basalt fiber MARKET REVENUE, 2020-2030 ($thousand)
Figure 38.CHINA continuous basalt fiber MARKET REVENUE, 2020-2030 ($thousand)
Figure 39.JAPAN continuous basalt fiber MARKET REVENUE, 2020-2030 ($thousand)
Figure 40.south korea continuous basalt fiber MARKET REVENUE, 2020-2030 ($thousand)
Figure 41.REST OF ASIA-PACIFIC continuous basalt fiber MARKET REVENUE, 2020-2030 ($thousand)
Figure 42.LATIN AMERICA continuous basalt fiber MARKET REVENUE, 2020-2030 ($thousand)
Figure 43.MIDDLE EAST continuous basalt fiber MARKET REVENUE, 2020-2030 ($thousand)
Figure 44.AFRICA continuous basalt fiber MARKET REVENUE, 2020-2030 ($thousand)

 
 

The global continuous basalt fiber market has witnessed huge demand in Asia-Pacific followed by Europe & North America. The highest share of the Asia-Pacific market is attributed to increase in demand for continuous basalt fiber products in automotive, aerospace, and defense industries. 

In the aerospace industry, continuous basalt fibers are used for lightweight and high-temperature resistant aircraft parts. In addition, the aerospace sector is undergoing innovations, such as air taxis and large drones, which makes use of continuous basalt fiber. The global automotive sector is undergoing a huge transformation in the form of electric mobility. Use of FRC parts as a replacement for metal and plastic parts reduces weight of electric drive trains, while at the same time, improving the electrical and mechanical properties of the drive systems. The size of wind turbine blades as well as their quantity is expected to increase during the forecast period. The length of wind turbine blades is increased to spike power generation capacity in onshore and offshore wind power plants. In addition, newer composites are expected in the coming years to reduce weight of blades.

However, the COVID-19 pandemic has negatively affected key sectors such as automotive, aerospace, construction, and wind energy. This is expected to hamper growth of the global continuous basalt fiber market.

However, fluctuation in raw material prices and difficulty in promotion of continuous basalt fiber is anticipated to restraint growth of the global continuous basalt fiber market. Moreover, growth in the wind energy market and increase in adoption of environmentally friendly and recyclable material, is anticipated to provide lucrative opportunities for growth of the global continuous basalt fiber market.

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FREQUENTLY ASKED QUESTIONS?
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A. The global continuous basalt fiber market size was $173.6 million in 2020 and is projected to reach $473.4 million in 2030, growing at a CAGR of 10.3% from 2021 to 2030.

A. The forecast period considered for the global continuous basalt fiber market is 2021 to 2030, wherein, 2020 is the base year, 2021 is the estimated year, and 2030 is the forecast year.

A. The base year considered in the global continuous basalt fiber market is 2020.

A. No, the report does not provide Value Chain Analysis for the global continuous basalt fiber market. However, it provides market share analysis for the top players in the continuous basalt fiber market.

A. On the basis of end user, the others segment is expected to be the most influencing segment growing in the global continuous basalt fiber market report.

A. Based on the type, in 2020, the basic segment generated the highest revenue, accounting for 58.9% of the market and is projected to grow at a CAGR of 9.9% from 2021 to 2030.

A. The report contains an exclusive company profile section, where leading 10 companies in the market are profiled. These profiles typically covers company overview, geographical presence, and market dominance (in terms of revenue and volume sales).

A. The market value of global continuous basalt fiber market is $196.4 million in 2021.

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