The Global Basalt Fiber Market is accounted for $159.52 million in 2017 and is expected to reach $498.47 million by 2026 growing at a CAGR of 13.5%. Factors such as rising demand among the emerging economies of Asia Pacific region in the automotive industry, rapid rise in government regulations and total population are fueling the market growth. However, lack of suppliers and rise in threat of substitute are hindrance for the growth of the market. Moreover, growing demand in the raw materials and innovations acts as growth opportunities for the market.
Basalt fiber reinforced polymer (BFRP) reinforcing bars have recently introduced as an alternative to steel reinforcement for concrete structures and as external support for retrofitting of concrete structures. Basalt fiber has not been widely used, unlike Glass Fiber reinforced polymer (GFRP) and carbon fiber reinforced polymer (CFRP) materials, Chopped basalt fibers have also been introduced as an additive to concrete mixes to produce fiber reinforced concrete (FRC).
Based on form, Continuous Basalt Fiber segment fuels the market share during the forecast period. As they offer higher strength than steel which makes them a preferred material in the construction industry. By geography, Asia Pacific region is anticipated to grow because of the increased industrial development in China. Manufacturers in China develop new technologies which focus on manufacturing low-cost continuous basalt fiber.
Some of the key players in Basalt Fiber market include Technobasalt-Invest LLC, Shanxi Basalt Fiber Technology Co. TD, Zhejiang GBF Basalt Fiber Co., INCOTELOGY GmbH, Kamenny VEK, Mudanjiang Jinshi Basalt Fiber Co. Ltd, Sichuan Aerospace Tuoxin Basalt Industrial Co., Ltd, ISOMATEX S.A., Nmg Composites Co., Ltd, Sudaglass Basalt Fiber Technology, Fiberbas Construction and Building Technologies, Jiangsu Green Materials Vally New Material T&D Co., Ltd (GMV), Russian Basalt, Jilin Province Huayang New Composite Material Co., Ltd., and Mafic SA .
Techniques Covered in this Basalt Fiber Market are:
• Die Blowing
• Centrifugal Blowing
• Centrifugal Multiroll
Methods Covered in this Basalt Fiber Market are:
• Hand Layup
• Spray Gun
• Pultrusion
• Resin Moulding
• Filament Winding
• Compression Moulding
• PrePregs
• Resin film Infusion (RFI)
• Vaccum Infusion
• Other Methods
Applications Covered in this Basalt Fiber Market are:
• Walls and Foundations
• Industrial Flooring
• Concrete Reinforcement
• Mesh Filters
• Refractory Bricks and Blocks
• Ship & Boats Building
• Coastline Reinforcement
• Wall Plugs
• Shafts and Tunnels
• Roads
• Reinforcement for Sports Equipment
• Insulator
• Automotive Parts
• Water Works
• Transportation
• Electrical & Electronics
• Aerospace and Defense
• Wind Energy
• Chemical Industry
• Oil and Gas Industry
• Nautical Industry
• Material Manufacturing Industries
• Other Applications
Regions Covered in this Basalt Fiber Market are:
• North America
o US
o Canada
o Mexico
• Europe
o Germany
o UK
o Italy
o France
o Spain
o Rest of Europe
• Asia Pacific
o Japan
o China
o India
o Australia
o New Zealand
o South Korea
o Rest of Asia Pacific
• South America
o Argentina
o Brazil
o Chile
o Rest of South America
• Middle East & Africa
o Saudi Arabia
o UAE
o Qatar
o South Africa
o Rest of Middle East & Africa
What our report offers:
- Market share assessments for the regional and country level segments
- Strategic recommendations for the new entrants
- Market forecasts for a minimum of 9 years of all the mentioned segments, sub segments and the regional markets
- Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
- Strategic analysis: Drivers and Constraints, Product/Technology Analysis, Porter\'s five forces analysis, SWOT analysis etc.
- Strategic recommendations in key business segments based on the market estimations
- Competitive landscaping mapping the key common trends
- Company profiling with detailed strategies, financials, and recent developments
- Supply chain trends mapping the latest technological advancements
Free Customization Offerings:
All the customers of this report will be entitled to receive one of the following free customization options:
• Company Profiling
o Comprehensive profiling of additional market players (up to 3)
o SWOT Analysis of key players (up to 3)
• Regional Segmentation
o Market estimations, Forecasts and CAGR of any prominent country as per the clients interest (Note: Depends of feasibility check)
• Competitive Benchmarking
o Benchmarking of key players based on product portfolio, geographical presence, and strategic alliances
Table of Content Executive Summary
2 Preface
2.1 Abstract
2.2 Stake Holders
2.3 Research Scope
2.4 Research Methodology
2.4.1 Data Mining
2.4.2 Data Analysis
2.4.3 Data Validation
2.4.4 Research Approach
2.5 Research Sources
2.5.1 Primary Research Sources
2.5.2 Secondary Research Sources
2.5.3 Assumptions
4 Porters Five Force Analysis
4.1 Bargaining power of suppliers
4.2 Bargaining power of buyers
4.3 Threat of substitutes
4.4 Threat of new entrants
4.5 Competitive rivalry
5 Global Basalt Fiber Market, By Product
5.1 Introduction
5.2 Mesh
5.3 Grids
5.4 Chopped Strands
5.5 Roving
5.6 Fabric
5.7 Other Products
6 Global Basalt Fiber Market, By Form
6.1 Introduction
6.2 Dicrete Basalt Fiber
6.3 Continuous Basalt Fiber
6.4 Yarns
6.5 Mats
6.6 Tapes
6.7 Ropes
6.8 Continuous Filaments
6.9 Other Forms
7 Global Basalt Fiber Market, By Type
7.1 Introduction
7.2 Non Composites
7.3 Composites
7.4 Other Types
8 Global Basalt Fiber Market, By Technique
8.1 Introduction
8.2 Die Blowing
8.3 Centrifugal Blowing
8.4 Centrifugal Multiroll
9 Global Basalt Fiber Market, By Method
9.1 Introduction
9.2 Hand Layup
9.3 Spray Gun
9.4 Pultrusion
9.5 Resin Moulding
9.6 Filament Winding
9.7 Compression Moulding
9.8 PrePregs
9.9 Resin Film Infusion (RFI)
9.10 Vaccum Infusion
9.11 Other Methods
10 Global Basalt Fiber Market, By Application
10.1 Introduction
10.2 Walls and Foundations
10.3 Industrial Flooring
10.4 Concrete Reinforcement
10.5 Mesh Filters
10.6 Refractory Bricks and Blocks
10.7 Ship & Boats Building
10.8 Coastline Reinforcement
10.9 Wall Plugs
10.10 Shafts and Tunnels
10.11 Roads
10.12 Reinforcement for Sports Equipment
10.13 Insulator
10.14 Automotive Parts
10.15 Water Works
10.16 Transportation
10.17 Electrical & Electronics
10.18 Aerospace and Defense
10.19 Wind Energy
10.20 Chemical Industry
10.21 Oil and Gas Industry
10.22 Nautical Industry
10.23 Material Manufacturing Industries
10.24 Other Applications
11 Global Basalt Fiber Market, By Geography
11.1 Introduction
11.2 North America
11.2.1 US
11.2.2 Canada
11.2.3 Mexico
11.3 Europe
11.3.1 Germany
11.3.2 UK
11.3.3 Italy
11.3.4 France
11.3.5 Spain
11.3.6 Rest of Europe
11.4 Asia Pacific
11.4.1 Japan
11.4.2 China
11.4.3 India
11.4.4 Australia
11.4.5 New Zealand
11.4.6 South Korea
11.4.7 Rest of Asia Pacific
11.5 South America
11.5.1 Argentina
11.5.2 Brazil
11.5.3 Chile
11.5.4 Rest of South America
11.6 Middle East & Africa
11.6.1 Saudi Arabia
11.6.2 UAE
11.6.3 Qatar
11.6.4 South Africa
11.6.5 Rest of Middle East & Africa
12 Key Developments
12.1 Agreements, Partnerships, Collaborations and Joint Ventures
12.2 Acquisitions & Mergers
12.3 New Product Launch
12.4 Expansions
12.5 Other Key Strategies
13 Company Profiling
13.1 Technobasalt-Invest LLC
13.2 Shanxi Basalt Fiber Technology Co. TD
13.3 Zhejiang GBF Basalt Fiber Co.
13.4 INCOTELOGY GmbH
13.5 Kamenny VEK
13.6 Mudanjiang Jinshi Basalt Fiber Co. Ltd
13.7 Sichuan Aerospace Tuoxin Basalt Industrial Co., Ltd
13.8 ISOMATEX S.A.
13.9 Nmg Composites Co., Ltd
13.10 Sudaglass Basalt Fiber Technology
13.11 Fiberbas Construction and Building Technologies
13.12 Jiangsu Green Materials Vally New Material T&D Co., Ltd (GMV)
13.13 Russian Basalt
13.14 Jilin Province Huayang New Composite Material Co., Ltd.
13.15 Mafic SA
List of Tables
Table 1 Global Basalt Fiber Market Outlook, By Region (2016-2026) ($MN)
Table 2 Global Basalt Fiber Market Outlook, By Product (2016-2026) ($MN)
Table 3 Global Basalt Fiber Market Outlook, By Mesh (2016-2026) ($MN)
Table 4 Global Basalt Fiber Market Outlook, By Grids (2016-2026) ($MN)
Table 5 Global Basalt Fiber Market Outlook, By Chopped Strands (2016-2026) ($MN)
Table 6 Global Basalt Fiber Market Outlook, By Roving (2016-2026) ($MN)
Table 7 Global Basalt Fiber Market Outlook, By Fabric (2016-2026) ($MN)
Table 8 Global Basalt Fiber Market Outlook, By Other Products (2016-2026) ($MN)
Table 9 Global Basalt Fiber Market Outlook, By Form (2016-2026) ($MN)
Table 10 Global Basalt Fiber Market Outlook, By Dicrete Basalt Fiber (2016-2026) ($MN)
Table 11 Global Basalt Fiber Market Outlook, By Continuous Basalt Fiber (2016-2026) ($MN)
Table 12 Global Basalt Fiber Market Outlook, By Yarns (2016-2026) ($MN)
Table 13 Global Basalt Fiber Market Outlook, By Mats (2016-2026) ($MN)
Table 14 Global Basalt Fiber Market Outlook, By Tapes (2016-2026) ($MN)
Table 15 Global Basalt Fiber Market Outlook, By Ropes (2016-2026) ($MN)
Table 16 Global Basalt Fiber Market Outlook, By Continuous Filaments (2016-2026) ($MN)
Table 17 Global Basalt Fiber Market Outlook, By Other Forms (2016-2026) ($MN)
Table 18 Global Basalt Fiber Market Outlook, By Type (2016-2026) ($MN)
Table 19 Global Basalt Fiber Market Outlook, By Non Composites (2016-2026) ($MN)
Table 20 Global Basalt Fiber Market Outlook, By Composites (2016-2026) ($MN)
Table 21 Global Basalt Fiber Market Outlook, By Other Types (2016-2026) ($MN)
Table 22 Global Basalt Fiber Market Outlook, By Technique (2016-2026) ($MN)
Table 23 Global Basalt Fiber Market Outlook, By Die Blowing (2016-2026) ($MN)
Table 24 Global Basalt Fiber Market Outlook, By Centrifugal Blowing (2016-2026) ($MN)
Table 25 Global Basalt Fiber Market Outlook, By Centrifugal Multiroll (2016-2026) ($MN)
Table 26 Global Basalt Fiber Market Outlook, By Method (2016-2026) ($MN)
Table 27 Global Basalt Fiber Market Outlook, By Hand Layup (2016-2026) ($MN)
Table 28 Global Basalt Fiber Market Outlook, By Spray Gun (2016-2026) ($MN)
Table 29 Global Basalt Fiber Market Outlook, By Pultrusion (2016-2026) ($MN)
Table 30 Global Basalt Fiber Market Outlook, By Resin Moulding (2016-2026) ($MN)
Table 31 Global Basalt Fiber Market Outlook, By Filament Winding (2016-2026) ($MN)
Table 32 Global Basalt Fiber Market Outlook, By Compression Moulding (2016-2026) ($MN)
Table 33 Global Basalt Fiber Market Outlook, By PrePregs (2016-2026) ($MN)
Table 34 Global Basalt Fiber Market Outlook, By Resin Film Infusion (RFI) (2016-2026) ($MN)
Table 35 Global Basalt Fiber Market Outlook, By Vaccum Infusion (2016-2026) ($MN)
Table 36 Global Basalt Fiber Market Outlook, By Other Methods (2016-2026) ($MN)
Table 37 Global Basalt Fiber Market Outlook, By Application (2016-2026) ($MN)
Table 38 Global Basalt Fiber Market Outlook, By Walls and Foundations (2016-2026) ($MN)
Table 39 Global Basalt Fiber Market Outlook, By Industrial Flooring (2016-2026) ($MN)
Table 40 Global Basalt Fiber Market Outlook, By Concrete Reinforcement (2016-2026) ($MN)
Table 41 Global Basalt Fiber Market Outlook, By Mesh Filters (2016-2026) ($MN)
Table 42 Global Basalt Fiber Market Outlook, By Refractory Bricks and Blocks (2016-2026) ($MN)
Table 43 Global Basalt Fiber Market Outlook, By Ship & Boats Building (2016-2026) ($MN)
Table 44 Global Basalt Fiber Market Outlook, By Coastline Reinforcement (2016-2026) ($MN)
Table 45 Global Basalt Fiber Market Outlook, By Wall Plugs (2016-2026) ($MN)
Table 46 Global Basalt Fiber Market Outlook, By Shafts and Tunnels (2016-2026) ($MN)
Table 47 Global Basalt Fiber Market Outlook, By Roads (2016-2026) ($MN)
Table 48 Global Basalt Fiber Market Outlook, By Reinforcement for Sports Equipment (2016-2026) ($MN)
Table 49 Global Basalt Fiber Market Outlook, By Insulator (2016-2026) ($MN)
Table 50 Global Basalt Fiber Market Outlook, By Automotive Parts (2016-2026) ($MN)
Table 51 Global Basalt Fiber Market Outlook, By Water Works (2016-2026) ($MN)
Table 52 Global Basalt Fiber Market Outlook, By Transportation (2016-2026) ($MN)
Table 53 Global Basalt Fiber Market Outlook, By Electrical & Electronics (2016-2026) ($MN)
Table 54 Global Basalt Fiber Market Outlook, By Aerospace and Defense (2016-2026) ($MN)
Table 55 Global Basalt Fiber Market Outlook, By Wind Energy (2016-2026) ($MN)
Table 56 Global Basalt Fiber Market Outlook, By Chemical Industry (2016-2026) ($MN)
Table 57 Global Basalt Fiber Market Outlook, By Oil and Gas Industry (2016-2026) ($MN)
Table 58 Global Basalt Fiber Market Outlook, By Nautical Industry (2016-2026) ($MN)
Table 59 Global Basalt Fiber Market Outlook, By Material Manufacturing Industries (2016-2026) ($MN)
Table 60 Global Basalt Fiber Market Outlook, By Other Applications (2016-2026) ($MN)
NOTE: Tables for North America, Europe, Asia Pacific, South America, and Middle East & Africa are represented in the same manner above.
Research Methodology
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Reports Insights provide consistency in our research report, also we provide on the part of the analysis of forecast across a gamut of coverage geographies and coverage. The research teams carry out primary and secondary research to implement and design the data collection procedure. The research team then analyzes data about the latest trends and major issues in reference to each industry and country. This helps to determine the anticipated market-related procedures in the future. The company offers technology-driven solutions and its full incorporation in the research method to be skilled at each step.
The Company's Research Process Has the Following Advantages:
Information Procurement
The step comprises the procurement of market-related information or data via different methodologies & sources.
Information Investigation
This step comprises the mapping and investigation of all the information procured from the earlier step. It also includes the analysis of data differences observed across numerous data sources.
Highly Authentic Source
We offer highly authentic information from numerous sources. To fulfills the client’s requirement.
Market Formulation
This step entails the placement of data points at suitable market spaces in an effort to assume possible conclusions. Analyst viewpoint and subject matter specialist based examining the form of market sizing also plays an essential role in this step.
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Validation is a significant step in the procedure. Validation via an intricately designed procedure assists us to conclude data-points to be used for final calculations.
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