Report overview
Basalt Fiber is a material made from extremely fine fibres of basalt, which is composed of the minerals plagioclase, pyroxene, and olivine. It is similar to carbon fibre and fibreglass, having better physic mechanical properties than fibreglass, but being significantly cheaper than carbon fibre. It is used as a fireproof textile in the aerospace and automotive industries and can also be used as a composite to produce products such as camera tripods.
This report aims to provide a comprehensive presentation of the global market for Basalt Fibre, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Basalt Fibre. This report contains market size and forecasts of Basalt Fibre in global, including the following market information:
Global Basalt Fibre Market Revenue, 2018-2023, 2024-2029, ($ millions)
Global Basalt Fibre Market Sales, 2018-2023, 2024-2029, (MT)
Global top five Basalt Fibre companies in 2022 (%)
The global Basalt Fibre market was valued at US$ 64 million in 2022 and is projected to reach US$ 113.8 million by 2029, at a CAGR of 8.6% during the forecast period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
Russia is the largest Basalt Fibre market with about 37% market share. China is follower, accounting for about 28% market share.
The key players are Kamenny Vek, Zhejiang GBF, Technobasalt-Invest, Sudaglass Fiber, Basaltex, Zaomineral7, Sichuan Aerospace, Liaoning Jinshi, Mudanjiang Electric, Mafic SA, Shanxi Basalt Fiber, Meltrock, GMVChina, Jiangsu Tianlong, Hebei Tonghui etc. Top 3 companies occupied about 53% market share.
We surveyed the Basalt Fibre manufacturers, suppliers, distributors and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Basalt Fibre Market, by Type, 2018-2023, 2024-2029 ($ Millions) & (MT)
Global Basalt Fibre Market Segment Percentages, by Type, 2022 (%)
Pure Natural Basalt Fiber
Non Pure Natural Basalt Fiber
Global Basalt Fibre Market, by Application, 2018-2023, 2024-2029 ($ Millions) & (MT)
Global Basalt Fibre Market Segment Percentages, by Application, 2022 (%)
Building and Construction
Transportation
Electronic
Military Use
Fireproof and Heat Insulation Equipment
Dust Collection and Filtration Equipment
Others
Global Basalt Fibre Market, By Region and Country, 2018-2023, 2024-2029 ($ Millions) & (MT)
Global Basalt Fibre Market Segment Percentages, By Region and Country, 2022 (%)
North America
US
Canada
Mexico
Europe
Germany
France
U.K.
Italy
Russia
Nordic Countries
Benelux
Rest of Europe
Asia
China
Japan
South Korea
Southeast Asia
India
Rest of Asia
South America
Brazil
Argentina
Rest of South America
Middle East & Africa
Turkey
Israel
Saudi Arabia
UAE
Rest of Middle East & Africa
Competitor Analysis
The report also provides analysis of leading market participants including:
Key companies Basalt Fibre revenues in global market, 2018-2023 (Estimated), ($ millions)
Key companies Basalt Fibre revenues share in global market, 2022 (%)
Key companies Basalt Fibre sales in global market, 2018-2023 (Estimated), (MT)
Key companies Basalt Fibre sales share in global market, 2022 (%)
Further, the report presents profiles of competitors in the market, key players include:
Kamenny Vek
Zhejiang GBF
Technobasalt-Invest
Sudaglass Fiber
Basaltex
Zaomineral7
Sichuan Aerospace
Liaoning Jinshi
Mudanjiang Electric
Mafic SA
Shanxi Basalt Fiber
Meltrock
GMVChina
Jiangsu Tianlong
Hebei Tonghui
Outline of Major Chapters:
Chapter 1: Introduces the definition of Basalt Fibre, market overview.
Chapter 2: Global Basalt Fibre market size in revenue and volume.
Chapter 3: Detailed analysis of Basalt Fibre manufacturers competitive landscape, price, sales and revenue market share, latest development plan, merger, and acquisition information, etc.
Chapter 4: Provides the analysis of various market segments by type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 5: Provides the analysis of various market segments by application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 6: Sales of Basalt Fibre in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space of each country in the world.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 8: Global Basalt Fibre capacity by region & country.
Chapter 9: Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter 10: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 11: The main points and conclusions of the report.
