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Continuous Basalt Fiber - Global Market Trajectory & Analytics

  • ID: 5139437
  • Report
  • April 2021
  • Region: Global
  • Global Industry Analysts, Inc

FEATURED COMPANIES

  • Basalt Fiber Tech
  • Basaltex NV
  • EAS Fiberglas Co. Ltd.
  • Galen LLC
  • Isomatex S.A.
  • Kamenny Vek
  • MORE
Global Continuous Basalt Fiber Market to Reach $187.8 Million by 2027

Amid the COVID-19 crisis, the global market for Continuous Basalt Fiber estimated at US$101.6 Million in the year 2020, is projected to reach a revised size of US$187.8 Million by 2027, growing at a CAGR of 9.2% over the analysis period 2020-2027. Building & Construction, one of the segments analyzed in the report, is projected to record a 8.8% CAGR and reach US$71.6 Million by the end of the analysis period. After an early analysis of the business implications of the pandemic and its induced economic crisis, growth in the Molded Materials segment is readjusted to a revised 7.1% CAGR for the next 7-year period.



The U.S. Market is Estimated at $29.3 Million, While China is Forecast to Grow at 12.4% CAGR

The Continuous Basalt Fiber market in the U.S. is estimated at US$29.3 Million in the year 2020. China, the world`s second largest economy, is forecast to reach a projected market size of US$34 Million by the year 2027 trailing a CAGR of 12.4% over the analysis period 2020 to 2027. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 6.3% and 7.9% respectively over the 2020-2027 period. Within Europe, Germany is forecast to grow at approximately 7.2% CAGR.

Transportation Segment to Record 11.3% CAGR

In the global Transportation segment, USA, Canada, Japan, China and Europe will drive the 10.6% CAGR estimated for this segment. These regional markets accounting for a combined market size of US$15.6 Million in the year 2020 will reach a projected size of US$31.6 Million by the close of the analysis period. China will remain among the fastest growing in this cluster of regional markets. Led by countries such as Australia, India, and South Korea, the market in Asia-Pacific is forecast to reach US$27.2 Million by the year 2027, while Latin America will expand at a 12.8% CAGR through the analysis period.

Select Competitors (Total 42 Featured):
  • Basalt Fiber Tech
  • Basaltex NV
  • EAS Fiberglas Co., Ltd.
  • Galen LLC
  • Isomatex S.A.
  • Jiangsu Green Materials Vally New Material T&D Co., Ltd .
  • Kamenny Vek
  • MAFIC
  • Shanxi Basalt Fibre Technology Co., Ltd.
  • Sudaglass Fiber Technology
  • Technobasalt-Invest LLC
  • United States Basalt Corp.
  • Zhejiang GBF Basalt Fiber Co., Ltd (GBF)
Note: Product cover images may vary from those shown

FEATURED COMPANIES

  • Basalt Fiber Tech
  • Basaltex NV
  • EAS Fiberglas Co. Ltd.
  • Galen LLC
  • Isomatex S.A.
  • Kamenny Vek
  • MORE
I. METHODOLOGY

II. EXECUTIVE SUMMARY

1. MARKET OVERVIEW
  • Influencer Market Insights
  • World Market Trajectories
  • Impact of Covid-19 and a Looming Global Recession
2. FOCUS ON SELECT PLAYERS

3. MARKET TRENDS & DRIVERS

4. GLOBAL MARKET PERSPECTIVE

III. MARKET ANALYSIS
  • UNITED STATES
  • CANADA
  • JAPAN
  • CHINA
  • EUROPE
  • FRANCE
  • GERMANY
  • ITALY
  • UNITED KINGDOM
  • SPAIN
  • RUSSIA
  • REST OF EUROPE
  • ASIA-PACIFIC
  • AUSTRALIA
  • INDIA
  • SOUTH KOREA
  • REST OF ASIA-PACIFIC
  • LATIN AMERICA
  • ARGENTINA
  • BRAZIL
  • MEXICO
  • REST OF LATIN AMERICA
  • MIDDLE EAST
  • IRAN
  • ISRAEL
  • SAUDI ARABIA
  • UNITED ARAB EMIRATES
  • REST OF MIDDLE EAST
  • AFRICA
IV. COMPETITION
  • Total Companies Profiled: 42
Note: Product cover images may vary from those shown

A selection of companies mentioned in this report includes:

  • Basalt Fiber Tech
  • Basaltex NV
  • EAS Fiberglas Co. Ltd.
  • Galen LLC
  • Isomatex S.A.
  • Jiangsu Green Materials Vally New Material T&D Co. Ltd .
  • Kamenny Vek
  • MAFIC
  • Shanxi Basalt Fibre Technology Co. Ltd.
  • Sudaglass Fiber Technology
  • Technobasalt-Invest LLC
  • United States Basalt Corp.
  • Zhejiang GBF Basalt Fiber Co. Ltd (GBF)
Note: Product cover images may vary from those shown
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