Global Continuous Basalt Fiber Market – Share, Growth, Segment, Trends and Forecast, 2016 – 2021

Continuous Basalt Fiber Market for Molded Materials, Transportation, Electronics, Building & Construction and Other Applications: Global Industry Perspective, Comprehensive Analysis, Size, Share, Growth, Segment, Trends and Forecast, 2015 – 2021

Global continuous basalt fiber will reach USD 121.19 Million in 2021, growing at a CAGR of slightly above 10.7% between 2016 and 2021.

A to Z Research has published a new report titled “Continuous Basalt Fiber Market for Molded Materials, Transportation, Electronics, Building & Construction and Other Applications: Global Market Perspective, Comprehensive Analysis and Forecast, 2015 – 2021.” According to the report, global demand for continuous basalt fiber market was valued at over USD 68.41 million in 2015 and is expected to reach around USD 121.19 Million in 2021, growing at a CAGR of slightly above 10.7% between 2016 and 2021.

Basalt fiber is a material made up of extremely fine fibers of basalt It is manufactured by melting basalt rocks at high temperatures and processing them according to the needs of the end user industry. It is related to carbon fiber and fiberglass, having superior physicomechanical properties than fiberglass, but basalt fiber is much cheaper than carbon fiber. In aerospace and automotive industries, basalt fiber is used as a fireproof textile and can also be used as a composite to produce products such as camera tripods. Basalt as a fiber used in FRPs (fiber reinforced polymers) and structural composites. It is getting a lot of attention due to its high temperature and abrasion resistance.

The global continuous basalt fiber market is expected to grow at slow but steady CAGR during the forecast period. Rise in use of basalt fiber in applications such as molded materials, transportation, electronics, building & construction etc., are key factors driving the demand for continuous basalt fiber. Rapidly growing population has been resulted into increased number of transportation, daily use electronic equipment, buildings etc. Building and construction dominated the global continuous basalt fiber market with around 37% share of the market in 2015. However, transportation, electronics etc applications expected to exhibit fastest growth rate (CAGR) as compared to building and construction application in the years to come. Moreover, use of continuous basalt fiber in other applications like sports equipment, defense, space and aeronautic components is also expected to boost the demand for continuous basalt fiber.

North America was the largest regional market for continuous basalt fiber in 2015. It accounted for around 40% share of the global market in 2015. Demand for continuous basalt fiber is mainly driven by strong demand from North America because of various application areas of continuous basalt fiber. In addition, high expenditure on defense and sports equipment is expected to propel market growth in the region during the forecast period. However, Asia Pacific is expected to exhibit the fastest growth in during the forecast period.

Global continuous basalt fiber market is highly competitive, with the presence of well-established global vendors. Some prominent market players operating in this market includes Basaltex, Sudaglass Fiber Technology, Kamenny Vek, Zhejiang GBF Basalt Fiber Co., Ltd, Technobasalt, Shanxi Basalt Fiber Technology Co., Ltd, JiangSu TianLong Continuous Basalt Fiber High-tech Co., Ltd., GMVChina, Mafic SA and Mineral 7.

This report segments the global market as follows:

Global Continuous Basalt Fiber Market: Application Segment Analysis

  • Molded materials
  • Transportation
  • Electronics
  • Building & construction
  • Others (including sports equipment, defense, space and aeronautic components, etc.)

Global Continuous Basalt Fiber Market: Regional Segment Analysis

  • North America
    • U.S.
  • Europe
    • Germany
    • France
    • UK
  • Asia Pacific
    • China
    • Japan
    • India
  • Latin America
    • Brazil
  • The Middle East and Africa
Table of Contents
  • Chapter 1. Introduction
    • 1.1. Report description
    • 1.2. Market segmentation
      • 1.2.1. Global continuous basalt fiber market segmentation
    • 1.3. Research methodology
    • 1.4. Abbreviations
  • Chapter 2. Executive Summary
    • 2.1. Global continuous basalt fiber market, 2015 – 2021 (Tons) (USD Million)
    • 2.2. Continuous basalt fiber: Market snapshot (2015 and 2021)
  • Chapter 3. Continuous Basalt Fiber – Global Analysis
    • 3.1. Continuous basalt fiber: Market dynamics
    • 3.2. Market drivers
      • 3.2.1. High effectiveness and environmental benefits
      • 3.2.2. Rising construction industry in Asia Pacific
    • 3.3. Market restraints
      • 3.3.1. High cost of production
    • 3.4. Market opportunities
      • 3.4.1. Large demand for renewable energy
    • 3.5. Porter’s five force analysis
    • 3.6. Continuous basalt fiber: Market attractiveness analysis
  • Chapter 4. Continuous Basalt fiber Market: Competitive Landscape
    • 4.1. Company market share analysis, 2015
      • 4.1.1. Global continuous basalt fiber market: Company market share, 2015
    • 4.2. Strategic development
      • 4.2.1. Acquisitions & Mergers
      • 4.2.2. New Product Launch
      • 4.2.3. Agreements, Partnerships, Collaborations and Joint Ventures
      • 4.2.4. Research and Development, Product and Regional Expansion
  • Chapter 5. Continuous Basalt Fiber: Application Analysis
    • 5.1. Global continuous basalt fiber market: Application overview
      • 5.1.1. Global continuous basalt fiber market volume share, by application, 2015 and 2021
    • 5.2. Building & construction
      • 5.2.1. Global continuous basalt fiber market for building & construction application, 2015 – 2021 (Tons) (USD Million)
    • 5.3. Molded materials
      • 5.3.1. Global continuous basalt fiber market for molded materials application, 2015 – 2021 (Tons) (USD Million)
    • 5.4. Transportation
      • 5.4.1. Global continuous basalt fiber market for transportation application, 2015 – 2021 (Tons) (USD Million)
    • 5.5. Electronics
      • 5.5.1. Global continuous basalt fiber market for electronics application, 2015 – 2021 (Tons) (USD Million)
    • 5.6. Others
      • 5.6.1. Global continuous basalt fiber market for other applications, 2015 – 2021 (Tons) (USD Million)
  • Chapter 6. Continuous Basalt Fiber Market: Regional Analysis
    • 6.1. Global continuous basalt fiber market: Regional overview
      • 6.1.1. Global continuous basalt fiber market volume share, by region, 2015 and 2021
    • 6.2. North America
      • 6.2.1. North America continuous basalt fiber market, by application, 2015 – 2021 (Tons) (USD Million)
      • 6.2.2. North America continuous basalt fiber market volume, by application, 2015 – 2021 (Tons)
      • 6.2.3. North America continuous basalt fiber market revenue, by application, 2015 – 2021 (USD Million)
      • 6.2.4. U.S.
        • 6.2.4.1. Continuous basalt fiber market volume, by application, 2015 – 2021 (Tons)
        • 6.2.4.2. Continuous basalt fiber market revenue, by application, 2015 – 2021 (USD Million)
    • 6.3. Europe
      • 6.3.1. Europe continuous basalt fiber market, by application, 2015 – 2021 (Tons) (USD Million)
      • 6.3.2. Europe continuous basalt fiber market volume, by application, 2015 – 2021 (Tons)
      • 6.3.3. Europe continuous basalt fiber market revenue, by application, 2015 – 2021 (USD Million)
      • 6.3.4. Germany
        • 6.3.4.1. Continuous basalt fiber market volume, by application, 2015 – 2021 (Tons)
        • 6.3.4.2. Continuous basalt fiber market revenue, by application, 2015 – 2021 (USD Million)
      • 6.3.5. France
        • 6.3.5.1. Continuous basalt fiber market volume, by application, 2015 – 2021 (Tons)
        • 6.3.5.2. Continuous basalt fiber market revenue, by application, 2015 – 2021 (USD Million)
      • 6.3.6. UK
        • 6.3.6.1. Continuous basalt fiber market volume, by application, 2015 – 2021 (Tons)
        • 6.3.6.2. Continuous basalt fiber market revenue, by application, 2015 – 2021 (USD Million)
    • 6.4. Asia Pacific
      • 6.4.1. Asia Pacific continuous basalt fiber market, by application, 2015 – 2021 (Tons) (USD Million)
      • 6.4.2. Asia Pacific continuous basalt fiber market volume, by application, 2015 – 2021 (Tons)
      • 6.4.3. Asia Pacific continuous basalt fiber market revenue, by application, 2015 – 2021 (USD Million)
      • 6.4.4. China
        • 6.4.4.1. Continuous basalt fiber market volume, by application, 2015 – 2021 (Tons)
        • 6.4.4.2. Continuous basalt fiber market revenue, by application, 2015 – 2021 (USD Million)
      • 6.4.5. Japan
        • 6.4.5.1. Continuous basalt fiber market volume, by application, 2015 – 2021 (Tons)
        • 6.4.5.2. Continuous basalt fiber market revenue, by application, 2015 – 2021 (USD Million)
      • 6.4.6. India
        • 6.4.6.1. Continuous basalt fiber market volume, by application, 2015 – 2021 (Tons)
        • 6.4.6.2. Continuous basalt fiber market revenue, by application, 2015 – 2021 (USD Million)
    • 6.5. Lattin America
      • 6.5.1. Lattin America continuous basalt fiber market, by application, 2015 – 2021 (Tons) (USD Million)
      • 6.5.2. Lattin America continuous basalt fiber market volume, by application, 2015 – 2021 (Tons)
      • 6.5.3. Lattin America continuous basalt fiber market revenue, by application, 2015 – 2021 (USD Million)
      • 6.5.4. Brazil
        • 6.5.4.1. Continuous basalt fiber market volume, by application, 2015 – 2021 (Tons)
        • 6.5.4.2. Continuous basalt fiber market revenue, by application, 2015 – 2021 (USD Million)
    • 6.6. Middle East and Africa
      • 6.6.1. Middle East and Africa continuous basalt fiber market, 2015 – 2021 (Tons) (USD Million)
      • 6.6.2. Middle East and Africa continuous basalt fiber market volume, by application, 2015 – 2021 (Tons)
      • 6.6.3. Middle East and Africa continuous basalt fiber market revenue, by application, 2015 – 2021 (USD Million)
  • Chapter 7. Company Profiles
    • 7.1. Kamenny Vek
      • 7.1.1. Company overview
      • 7.1.2. Product portfolio
      • 7.1.3. Business strategy
      • 7.1.4. SWOT analysis
      • 7.1.5. Recent developments
    • 7.2. Technobasalt-Invest LLC
      • 7.2.1. Company overview
      • 7.2.2. Product portfolio
      • 7.2.3. Business strategy
      • 7.2.4. SWOT analysis
      • 7.2.5. Recent developments
    • 7.3. Basaltex NV
      • 7.3.1. Company overview
      • 7.3.2. Product portfolio 7.3.3. Business strategy
      • 7.3.4. SWOT analysis
      • 7.3.5. Recent developments
    • 7.4. Zhejiang GBF Basalt Fiber Co., LTD
      • 7.4.1. Company overview
      • 7.4.2. Product portfolio
      • 7.4.3. Business strategy
      • 7.4.4. SWOT analysis
      • 7.4.5. Recent developments
    • 7.5. Sichuan Aerospace Tuoxin Basalt Industrial Co., LTD
      • 7.5.1. Company overview
      • 7.5.2. Product portfolio
      • 7.5.3. Business strategies
      • 7.5.4. SWOT analysis
    • 7.6. Yingkou Hongyuan Fiberglass Technology Co., Ltd
      • 7.6.1. Company overview
      • 7.6.2. Product portfolio
      • 7.6.3. Business strategy
      • 7.6.4. SWOT analysis
    • 7.7. Sudaglass Fiber Technology
      • 7.7.1. Company overview
      • 7.7.2. Product portfolio
      • 7.7.3. Business strategy
      • 7.7.4. SWOT analysis
    • 7.8. Shanxi Basalt Fibre Technology Co., Ltd
      • 7.8.1. Company overview
      • 7.8.2. Product portfolio
      • 7.8.3. Business strategy
      • 7.8.4. SWOT analysis
    • 7.9. Mudanjiang Jinshi Basalt Fiber Co., Ltd.
      • 7.9.1. Company overview
      • 7.9.2. Product portfolio
      • 7.9.3. Business strategies
      • 7.9.4. SWOT analysis
    • 7.10. Mafic SA
      • 7.10.1. Company overview
      • 7.10.2. Product portfolio
      • 7.10.3. Business strategies
      • 7.10.4. SWOT analysis

List of Figures

1. Global continuous basalt fiber market segmentation
2. Global continuous basalt fiber market , 2015 – 2021 (Tons) (USD Million)
3. Continuous basalt fiber: Value chain analysis
4. Asia Pacific construction spending, 2015 – 2021 (USD Millions)
5. Global investment in wind energy, 2015 – 2021 (USD Millions)
6. Porter’s five force analysis
7. Continuous basalt fiber: Market attractiveness analysis
8. Global continuous basalt fiber market share, by application, 2015 & 2021
9. Global continuous basalt fiber market for building & construction application, 2015 – 2021 (Tons) (USD Million)
10. Global continuous basalt fiber market for molded materials application, 2015 – 2021 (Tons) (USD Million)
11. Global continuous basalt fiber market for transportation application, 2015 – 2021 (Tons) (USD Million)
12. Global continuous basalt fiber market, for electronics application, 2015 – 2021 (Tons) (USD Million)
13. Global continuous basalt fiber market for other applications, 2015 – 2021 (Tons) (USD Million)
14. Global continuous basalt fiber market volume share, by application, 2015 & 2021
15. North America continuous basalt fiber market, 2015 – 2021, (Tons) (USD Million)
16. Europe continuous basalt fiber market, 2015 – 2021, (Tons) (USD Million)
17. Asia Pacific continuous basalt fiber market, 2015 – 2021, (Tons) (USD Million)
18. RoW continuous basalt fiber market, 2015 – 2021, (Tons) (USD Million)


List of Tables

1. Continuous basalt fiber: Global snapshot
2. Drivers for continuous basalt fiber market: Impact analysis
3. Continuous basalt fiber: Physical properties comparison with other fibers
4. Restraints for continuous basalt fiber market: Impact analysis
5. North America continuous basalt fiber market volume, by application, 2015 – 2021 (Tons)
6. North America continuous basalt fiber market revenue, by application, 2015 – 2021 (USD Million)
7. U.S. continuous basalt fiber market volume, by application, 2015 – 2021 (Tons)
8. U.S. continuous basalt fiber market revenue, by application, 2015 – 2021 (USD Million)
9. Europe continuous basalt fiber market volume, by application, 2015 – 2021 (Tons)
10. Europe continuous basalt fiber market revenue, by application, 2015 – 2021 (USD Million)
11. Germany continuous basalt fiber market volume, by application, 2015 – 2021 (Tons)
12. Germany continuous basalt fiber market revenue, by application, 2015 – 2021 (USD Million)
13. France continuous basalt fiber market volume, by application, 2015 – 2021 (Tons)
14. France continuous basalt fiber market revenue, by application, 2015 – 2021 (USD Million)
15. UK continuous basalt fiber market volume, by application, 2015 – 2021 (Tons)
16. UK continuous basalt fiber market revenue, by application, 2015 – 2021 (USD Million)
17. Asia Pacific continuous basalt fiber market volume, by application, 2015 – 2021 (Tons)
18. Asia Pacific continuous basalt fiber market revenue, by application, 2015 – 2021 (USD Million)
19. China continuous basalt fiber market volume, by application, 2015 – 2021 (Tons)
20. China continuous basalt fiber market revenue, by application, 2015 – 2021 (USD Million)
21. Japan continuous basalt fiber market volume, by application, 2015 – 2021 (Tons)
22. Japan continuous basalt fiber market revenue, by application, 2015 – 2021 (USD Million)
23. India continuous basalt fiber market volume, by application, 2015 – 2021 (Tons)
24. India continuous basalt fiber market revenue, by application, 2015 – 2021 (USD Million)
25. Latin America continuous basalt fiber market volume, by application, 2015 – 2021 (Tons)
26. Latin America continuous basalt fiber market revenue, by application, 2015 – 2021 (USD Million)
27. Brazil continuous basalt fiber market volume, by application, 2015 – 2021 (Tons)
28. Brazil continuous basalt fiber market revenue, by application, 2015 – 2021 (USD Million)
29. Middle East and Africa continuous basalt fiber market volume, by application, 2015 – 2021 (Tons)
30. Middle East and Africa continuous basalt fiber market revenue, by application, 2015 – 2021  (USD Million)

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