The basalt fiber market was valued at US$ 216.00 million in 2020 and is projected to reach US$ 427.14 million by 2028; it is expected to register a CAGR of 9.0% from 2021 to 2028.
Basalt fiber possesses similar chemical properties to glass fibers but have better physicochemical properties than glass fibers. The basalt fiber market is anticipated to witness high growth due to its demand from end-use industries such as automotive, marine, building & construction, and electronics. Increasing construction activities in several regions due to growth in population, growing income, and government initiatives in various economies to develop better infrastructure is likely to boost the growth of the basalt fiber market. However, the inconsistent raw material properties are among the factors restraining the basalt fiber market growth.
Based on product, the global basalt fiber market is categorized into roving, chopped strand, twisted yarn, fabrics and tapes, and others. The roving segment held the largest share in the global basalt fiber market in 2020. Basalt roving is a bundle of continuous unidirectional complex basalt fibers. Roving has resistance to aggressive environments, high natural strength, long service life, and superior electrical insulation properties. Based on its technical characteristics, basalt roving surpasses E-glass and S-glass in numerous respects. Basalt roving is extremely heat-resistant and can resist temperatures up to 1,000 °C for a short time. These characteristics are driving the roving segment growth.
Geographically, the basalt fiber market is segmented into North America, Europe, Asia Pacific, South and Central America, and the Middle East & Africa. In 2020, Asia Pacific accounted for the largest share in the global basalt fiber market. Asia Pacific comprises several developing and developed economies such as India, China, Japan, South Korea, and Australia. Emerging countries are witnessing an upsurge in industrialization and urbanization activities. Growth in construction projects in countries such as India and China and growing investments in infrastructure activities, such as the new construction of highways, railways, underground metro lines, and pavement linings, are predicted to bolster the basalt fiber market in the region.
Kamenny Vek Company; Fiberbas Construction and Building Technologies; Hydro Design Management Co. Pvt. Ltd.; Hg Gbf Basalt Fiber Co., Ltd; Bastech; Mafic SA; Shanxi Basalt Fiber Technology Co. Ltd; Technobasalt-Invest LLC; Deutsche Basalt Faser Gmbh; and Basalt Engineering LLC are among the major key players operating in the global basalt fiber market.
The overall size of global basalt fiber market has been derived using both primary and secondary source. To begin the research process, exhaustive secondary research has been conducted using internal and external sources to obtain qualitative and quantitative information related to the market. Also, multiple primary interviews have been conducted with industry participants to validate the data, as well as to gain more analytical insights into the topic. The participants of this process include industry experts such as VPs, business development managers, market intelligence managers, and national sales managers, along with external consultants such as valuation experts, research analysts, and key opinion leaders, specializing in the basalt fiber market.Reasons to Buy
Based on product, the global basalt fiber market is categorized into roving, chopped strand, twisted yarn, fabrics and tapes, and others. The roving segment held the largest share in the global basalt fiber market in 2020. Basalt roving is a bundle of continuous unidirectional complex basalt fibers. Roving has resistance to aggressive environments, high natural strength, long service life, and superior electrical insulation properties. Based on its technical characteristics, basalt roving surpasses E-glass and S-glass in numerous respects. Basalt roving is extremely heat-resistant and can resist temperatures up to 1,000 °C for a short time. These characteristics are driving the roving segment growth.
Geographically, the basalt fiber market is segmented into North America, Europe, Asia Pacific, South and Central America, and the Middle East & Africa. In 2020, Asia Pacific accounted for the largest share in the global basalt fiber market. Asia Pacific comprises several developing and developed economies such as India, China, Japan, South Korea, and Australia. Emerging countries are witnessing an upsurge in industrialization and urbanization activities. Growth in construction projects in countries such as India and China and growing investments in infrastructure activities, such as the new construction of highways, railways, underground metro lines, and pavement linings, are predicted to bolster the basalt fiber market in the region.
Kamenny Vek Company; Fiberbas Construction and Building Technologies; Hydro Design Management Co. Pvt. Ltd.; Hg Gbf Basalt Fiber Co., Ltd; Bastech; Mafic SA; Shanxi Basalt Fiber Technology Co. Ltd; Technobasalt-Invest LLC; Deutsche Basalt Faser Gmbh; and Basalt Engineering LLC are among the major key players operating in the global basalt fiber market.
The overall size of global basalt fiber market has been derived using both primary and secondary source. To begin the research process, exhaustive secondary research has been conducted using internal and external sources to obtain qualitative and quantitative information related to the market. Also, multiple primary interviews have been conducted with industry participants to validate the data, as well as to gain more analytical insights into the topic. The participants of this process include industry experts such as VPs, business development managers, market intelligence managers, and national sales managers, along with external consultants such as valuation experts, research analysts, and key opinion leaders, specializing in the basalt fiber market.Reasons to Buy
- Highlights key business priorities in order to assist companies to realign their business strategies.
- The key findings and recommendations highlight crucial progressive industry trends in the global basalt fiber market, thereby allowing players to develop effective long-term strategies.
- Develop/modify business expansion plans by using substantial growth offering developed and emerging markets.
- Scrutinize in-depth the market trends and outlook coupled with the factors driving the market, as well as those hindering it.
- Enhance the decision-making process by understanding the strategies that underpin commercial interest `with respect to products, segmentation and industry verticals.
Table of Contents
1. Introduction1.1 Study Scope
1.2 The Publisher's Research Report Guidance
1.3 Market Segmentation
2. Key Takeaways
3. Research Methodology
3.1 Scope of the Study
3.2 Research Methodology
3.2.1 Data Collection
3.2.2 Primary Interviews
3.2.3 Hypothesis Formulation
3.2.4 Macro-economic Factor Analysis
3.2.5 Developing Base Number
3.2.6 Data Triangulation
3.2.7 Country Level Data
4. Global Basalt Fiber Market Landscape
4.1 Market Overview
4.2 PEST Analysis
4.2.1 North America
4.2.2 Europe
4.2.3 APAC
4.2.4 MEA
4.2.5 SAM
4.3 Expert Opinion
5. Basalt Fiber Market - Key Market Dynamics
5.1 Key Market Drivers
5.1.1 Wide Applications of Basalt Fibers in Various End-Use Industries
5.1.2 Superior Mechanical, Chemical and Thermal Properties of Basalt Fibers
5.2 Key Market Restraints
5.2.1 Inconsistent Raw Material Properties
5.3 Key Market Opportunities
5.3.1 Growing Adoption of Environmentally Friendly and Recyclable Material
5.4 Future Trends
5.4.1 Increase in Demand for Noncorrosive Materials
5.5 Impact Analysis of Drivers and Restraint
6. Basalt Fiber - Global Market Analysis
6.1 Basalt Fiber Market Overview
6.2 Basalt Fiber Market -Revenue and Forecast to 2028
6.3 Competitive Positioning - Key Market Players
7. Global Basalt Fiber Market Analysis - by Product
7.1 Overview
7.2 Global Basalt Fiber Market Breakdown, By Product, 2020 & 2028
7.3 Roving
7.3.1 Overview
7.3.1 Roving: Basalt Fiber Market - Revenue and Forecast to 2028 (US$ Thousand)
7.4 Chopped Strand
7.4.1 Overview
7.4.2 Chopped Strand: Basalt Fiber Market - Revenue and Forecast to 2028 (US$ Thousand)
7.5 Twisted Yarn
7.5.1 Overview
7.5.2 Twisted Yarn: Basalt Fiber Market - Revenue and Forecast to 2028 (US$ Thousand)
7.6 Fabrics and Tapes
7.6.1 Overview
7.6.2 Fabrics and Tapes: Basalt Fiber Market - Revenue and Forecast to 2028 (US$ Thousand)
7.7 Others
7.7.1 Overview
7.7.2 Others: Basalt Fiber Market - Revenue and Forecast to 2028 (US$ Thousand)
8. Global Basalt Fiber Market Analysis - by End-Use Industry
8.1 Overview
8.2 Global Basalt Fiber Market Breakdown, by End-Use Industry, 2020 & 2028
8.3 Construction
8.3.1 Overview
8.3.2 Construction: Basalt Fiber Market - Revenue and Forecast to 2028 (US$ Thousand)
8.4 Automotive
8.4.1 Overview
8.4.2 Automotive: Basalt Fiber Market - Revenue and Forecast to 2028 (US$ Thousand)
8.5 Electrical and Electronics
8.5.1 Overview
8.5.2 Electrical and Electronics: Basalt Fiber Market - Revenue and Forecast to 2028 (US$ Thousand)
8.6 Chemical
8.6.1 Overview
8.6.2 Chemical: Basalt Fiber Market - Revenue and Forecast to 2028 (US$ Thousand)
8.7 Others
8.7.1 Overview
8.7.2 Others: Basalt Fiber Market - Revenue and Forecast to 2028 (US$ Thousand)
9. Basalt Fiber Market - Geographic Analysis
9.1 Overview
9.2 North America: Basalt Fiber Market
9.2.1 North America: Basalt Fiber Market -Revenue and Forecast to 2028 (US$ Thousand)
9.2.2 North America: Basalt Fiber Market, By Product
9.2.3 North America: Basalt Fiber Market, by End-Use Industry
9.2.4 North America: Basalt Fiber Market, by Key Country
9.2.4.1 US: Basalt Fiber Market - Revenue and Forecast to 2028 (US$ Thousand)
9.2.4.1.1 US: Basalt Fiber Market, by Product
9.2.4.1.2 US: Basalt Fiber Market, by End-Use Industry
9.2.4.2 Canada: Basalt Fiber Market - Revenue and Forecast to 2028 (US$ Thousand)
9.2.4.2.1 Canada: Basalt Fiber Market, by Product
9.2.4.2.2 Canada: Basalt Fiber Market, by End-Use Industry
9.2.4.3 Mexico: Basalt Fiber Market - Revenue and Forecast to 2028 (US$ Thousand)
9.2.4.3.1 Mexico: Basalt Fiber Market, by Product
9.2.4.3.2 Mexico: Basalt Fiber Market, by End-Use Industry
9.3 Europe: Basalt Fiber Market
9.3.1 Europe: Basalt Fiber Market -Revenue and Forecast to 2028 (US$ Thousand)
9.3.2 Europe: Basalt Fiber Market, By Product
9.3.3 Europe: Basalt Fiber Market, by End-Use Industry
9.3.4 Europe: Basalt Fiber Market, by Key Country
9.3.4.1 Germany: Basalt Fiber Market - Revenue and Forecast to 2028 (US$ Thousand)
9.3.4.1.1 Germany: Basalt Fiber Market, By Product
9.3.4.1.2 Germany: Basalt Fiber Market, by End-Use Industry
9.3.4.2 France: Basalt Fiber Market - Revenue and Forecast to 2028 (US$ Thousand)
9.3.4.2.1 France: Basalt Fiber Market, By Product
9.3.4.2.2 France: Basalt Fiber Market, by End-Use Industry
9.3.4.3 Italy: Basalt Fiber Market - Revenue and Forecast to 2028 (US$ Thousand)
9.3.4.3.1 Italy: Basalt Fiber Market, By Product
9.3.4.3.2 Italy: Basalt Fiber Market, by End-Use Industry
9.3.4.4 UK: Basalt Fiber Market - Revenue and Forecast to 2028 (US$ Thousand)
9.3.4.4.1 UK: Basalt Fiber Market, By Product
9.3.4.4.2 UK: Basalt Fiber Market, by End-Use Industry
9.3.4.5 Russia: Basalt Fiber Market - Revenue and Forecast to 2028 (US$ Thousand)
9.3.4.5.1 Russia: Basalt Fiber Market, By Product
9.3.4.5.2 Russia: Basalt Fiber Market, by End-Use Industry
9.3.4.6 Rest of Europe: Basalt Fiber Market - Revenue and Forecast to 2028 (US$ Thousand)
9.3.4.6.1 Rest of Europe: Basalt Fiber Market, By Product
9.3.4.6.2 Rest of Europe: Basalt Fiber Market, by End-Use Industry
9.4 Asia Pacific: Basalt Fiber market
9.4.1 Asia Pacific: Basalt Fiber Market -Revenue and Forecast to 2028 (US$ Thousand)
9.4.2 Asia Pacific: Basalt Fiber Market, By Product
9.4.3 Asia Pacific: Basalt Fiber Market, by End-Use Industry
9.4.4 Asia Pacific: Basalt Fiber Market, by Key Country
9.4.4.1 India: Basalt Fiber Market - Revenue and Forecast to 2028 (US$ Thousand)
9.4.4.1.1 India: Basalt Fiber Market, by Product
9.4.4.1.2 India: Basalt Fiber Market, by End-Use Industry
9.4.4.2 Australia: Basalt Fiber Market - Revenue and Forecast to 2028 (US$ Thousand)
9.4.4.2.1 Australia: Basalt Fiber Market, by Product
9.4.4.2.2 Australia: Basalt Fiber Market, by End-Use Industry
9.4.4.3 China: Basalt Fiber Market - Revenue and Forecast to 2028 (US$ Thousand)
9.4.4.3.1 China: Basalt Fiber Market, by Product
9.4.4.3.2 China: Basalt Fiber Market, by End-Use Industry
9.4.4.4 Japan: Basalt Fiber Market - Revenue and Forecast to 2028 (US$ Thousand)
9.4.4.4.1 Japan: Basalt Fiber Market, by Product
9.4.4.4.2 Japan: Basalt Fiber Market, by End-Use Industry
9.4.4.5 South Korea: Basalt Fiber Market - Revenue and Forecast to 2028 (US$ Thousand)
9.4.4.5.1 South Korea: Basalt Fiber Market, by Product
9.4.4.5.2 South Korea: Basalt Fiber Market, by End-Use Industry
9.4.4.6 Rest of Asia Pacific: Basalt Fiber Market - Revenue and Forecast to 2028 (US$ Thousand)
9.4.4.6.1 Rest of Asia Pacific: Basalt Fiber Market, by Product
9.4.4.6.2 Rest of Asia Pacific: Basalt Fiber Market, by End-Use Industry
9.5 Middle East and Africa: Basalt Fiber Market
9.5.1 Middle East and Africa: Basalt Fiber Market -Revenue and Forecast to 2028 (US$ Thousand)
9.5.2 Middle East and Africa: Basalt Fiber Market, By Product
9.5.3 Middle East and Africa: Basalt Fiber Market, by End-Use Industry
9.5.4 Middle East and Africa: Basalt Fiber Market, by Key Country
9.5.4.1 South Africa: Basalt Fiber Market - Revenue and Forecast to 2028 (US$ Thousand)
9.5.4.1.1 South Africa: Basalt Fiber Market, by Product
9.5.4.1.2 South Africa: Basalt Fiber Market, by End-Use Industry
9.5.4.2 Saudi Arabia: Basalt Fiber Market - Revenue and Forecast to 2028 (US$ Thousand)
9.5.4.2.1 Saudi Arabia: Basalt Fiber Market, by Product
9.5.4.2.2 Saudi Arabia: Basalt Fiber Market, by End-Use Industry
9.5.4.3 UAE: Basalt Fiber Market - Revenue and Forecast to 2028 (US$ Thousand)
9.5.4.3.1 UAE: Basalt Fiber Market, by Product
9.5.4.3.2 UAE: Basalt Fiber Market, by End-Use Industry
9.5.4.4 Rest of Middle East and Africa: Basalt Fiber Market - Revenue and Forecast to 2028 (US$ Thousand)
9.5.4.4.1 Rest of Middle East and Africa: Basalt Fiber Market, by Product
9.5.4.4.2 Rest of Middle East and Africa: Basalt Fiber Market, by End-Use Industry
9.6 South and Central America: Basalt Fiber Market
9.6.1 South and Central America: Basalt Fiber Market -Revenue and Forecast to 2028 (US$ Thousand)
9.6.2 South and Central America: Basalt Fiber Market, By Product
9.6.3 South and Central America: Basalt Fiber Market, by End-Use Industry
9.6.4 South and Central America: Basalt Fiber Market, by Key Country
9.6.4.1 Brazil: Basalt Fiber Market - Revenue and Forecast to 2028 (US$ Thousand)
9.6.4.1.1 Brazil: Basalt Fiber Market, by Product
9.6.4.1.2 Brazil: Basalt Fiber Market, by End-Use Industry
9.6.4.2 Argentina: Basalt Fiber Market - Revenue and Forecast to 2028 (US$ Thousand)
9.6.4.2.1 Argentina: Basalt Fiber Market, by Product
9.6.4.2.2 Argentina: Basalt Fiber Market, by End-Use Industry
9.6.4.3 Rest of South and Central America: Basalt Fiber Market - Revenue and Forecast to 2028 (US$ Thousand)
9.6.4.3.1 Rest of South and Central America: Basalt Fiber Market, by Product
9.6.4.3.2 Rest of South and Central America: Basalt Fiber Market, by End-Use Industry
10. Impact of COVID-19 Pandemic on Global Basalt Fiber Market
10.1 Impact of COVID-19 on Basalt Fiber Market
10.2 North America: Impact Assessment of COVID-19 Pandemic
10.1 Europe: Impact Assessment of COVID-19 Pandemic
10.2 Asia Pacific : Impact Assessment of COVID-19 Pandemic
10.3 Middle East and Africa: Impact Assessment of COVID-19 Pandemic
10.3 South and Central America: Impact Assessment of COVID-19 Pandemic
11. Company Profile
11.1 Kamenny Vek Company
11.1.1 Key Facts
11.1.2 Business Description
11.1.3 Products and Services
11.1.4 Financial Overview
11.1.5 SWOT Analysis
11.1.6 Key Developments
11.2 Fiberbas Construction and Building Technologies
11.2.1 Key Facts
11.2.2 Business Description
11.2.3 Products and Services
11.2.4 Financial Overview
11.2.5 SWOT Analysis
11.2.6 Key Developments
11.3 Hydro Design Management Co. Pvt. Ltd.
11.3.1 Key Facts
11.3.2 Business Description
11.3.3 Products and Services
11.3.4 Financial Overview
11.3.5 SWOT Analysis
11.3.6 Key Developments
11.4 Hg Gbf Basalt Fiber Co., Ltd
11.4.1 Key Facts
11.4.2 Business Description
11.4.3 Products and Services
11.4.4 Financial Overview
11.4.5 SWOT Analysis
11.4.6 Key Developments
11.5 Bastech
11.5.1 Key Facts
11.5.2 Business Description
11.5.3 Products and Services
11.5.4 Financial Overview
11.5.5 SWOT Analysis
11.5.6 Key Developments
11.6 Mafic SA
11.6.1 Key Facts
11.6.2 Business Description
11.6.3 Products and Services
11.6.4 Financial Overview
11.6.5 SWOT Analysis
11.6.6 Key Developments
11.7 Shanxi Basalt Fiber Technology Co. Ltd
11.7.1 Key Facts
11.7.2 Business Description
11.7.3 Products and Services
11.7.4 Financial Overview
11.7.5 SWOT Analysis
11.7.6 Key Developments
11.8 Technobasalt-Invest LLC
11.8.1 Key Facts
11.8.2 Business Description
11.8.3 Products and Services
11.8.4 Financial Overview
11.8.5 SWOT Analysis
11.8.6 Key Developments
11.9 Deutsche Basalt Faser Gmbh
11.9.1 Key Facts
11.9.2 Business Description
11.9.3 Products and Services
11.9.4 Financial Overview
11.9.5 SWOT Analysis
11.9.6 Key Developments
11.10 Basalt Engineering LLC
11.10.1 Key Facts
11.10.2 Business Description
11.10.3 Products and Services
11.10.4 Financial Overview
11.10.5 SWOT Analysis
11.10.6 Key Developments
12. Appendix
12.1 About the Publisher
12.2 Word IndexList of Tables
Table 1. Basalt Fiber Market -Revenue and Forecast to 2028 (US$ Thousand) 39
Table 2. North America Basalt Fiber Market, by Product - Revenue and Forecast to 2028 (US$ Thousand) 55
Table 3. North America Basalt Fiber Market, by End-Use Industry - Revenue and Forecast to 2028 (US$ Thousand) 56
Table 4. US Basalt Fiber Market, by Product - Revenue and Forecast to 2028 (US$ Thousand) 58
Table 5. US Basalt Fiber Market, by End-Use Industry - Revenue and Forecast to 2028 (US$ Thousand) 58
Table 6. Canada Basalt Fiber Market, by Product - Revenue and Forecast to 2028 (US$ Thousand) 60
Table 7. Canada Basalt Fiber Market, by End-Use Industry - Revenue and Forecast to 2028 (US$ Thousand) 60
Table 8. Mexico Basalt Fiber Market, by Product - Revenue and Forecast to 2028 (US$ Thousand) 61
Table 9. Mexico Basalt Fiber Market, by End-Use Industry - Revenue and Forecast to 2028 (US$ Thousand) 62
Table 10. Europe: Basalt Fiber Market, By Product - Revenue and Forecast to 2028 (US$ Thousand) 63
Table 11. Europe: Basalt Fiber Market, by End-Use Industry - Revenue and Forecast to 2028 (US$ Thousand) 65
Table 12. Germany Basalt Fiber Market, By Product - Revenue and Forecast to 2028 (US$ Thousand) 66
Table 13. Germany Basalt Fiber Market, by End-Use Industry - Revenue and Forecast to 2028 (US$ Thousand) 67
Table 14. France Basalt Fiber Market, By Product - Revenue and Forecast to 2028 (US$ Thousand) 68
Table 15. France Basalt Fiber Market, by End-Use Indsutry - Revenue and Forecast to 2028 (US$ Thousand) 68
Table 16. Italy Basalt Fiber Market, By Product - Revenue and Forecast to 2028 (US$ Thousand) 69
Table 17. Italy Basalt Fiber Market, by End-Use Industry - Revenue and Forecast to 2028 (US$ Thousand) 70
Table 18. UK Basalt Fiber Market, By Product - Revenue and Forecast to 2028 (US$ Thousand) 71
Table 19. UK Basalt Fiber Market, by End-Use Industry - Revenue and Forecast to 2028 (US$ Thousand) 71
Table 20. Russia Basalt Fiber Market, By Product - Revenue and Forecast to 2028 (US$ Thousand) 72
Table 21. Russia Basalt Fiber Market, by End-Use Industry - Revenue and Forecast to 2028 (US$ Thousand) 73
Table 22. Rest of Europe Basalt Fiber Market, By Product - Revenue and Forecast to 2028 (US$ Thousand) 74
Table 23. Rest of Europe Basalt Fiber Market, by End-Use Industry - Revenue and Forecast to 2028 (US$ Thousand) 74
Table 24. Asia Pacific: Basalt Fiber Market, by Product - Revenue and Forecast to 2028 (US$ Thousand) 77
Table 25. Asia Pacific: Basalt Fiber Market, by End-Use Industry - Revenue and Forecast to 2028 (US$ Thousand) 78
Table 26. India Basalt Fiber Market, by Product - Revenue and Forecast to 2028 (US$ Thousand) 80
Table 27. India Laminate Market, by End-Use Industry - Revenue and Forecast to 2028 (US$ Thousand) 80
Table 28. Australia: Basalt Fiber Market, by Product - Revenue and Forecast to 2028 (US$ Thousand) 81
Table 29. Australia: Laminate Market, by End-Use Industry - Revenue and Forecast to 2028 (US$ Thousand) 82
Table 30. China: Basalt Fiber Market, by Product - Revenue and Forecast to 2028 (US$ Thousand) 83
Table 31. Japan: Basalt Fiber Market, by Product - Revenue and Forecast to 2028 (US$ Thousand) 85
Table 32. Japan: Laminate Market, by End-Use Industry - Revenue and Forecast to 2028 (US$ Thousand) 85
Table 33. South Korea: Basalt Fiber Market, by Product - Revenue and Forecast to 2028 (US$ Thousand) 86
Table 34. South Korea: Laminate Market, by End-Use Industry - Revenue and Forecast to 2028 (US$ Thousand) 87
Table 35. Rest of Asia Pacific: Basalt Fiber Market, by Product - Revenue and Forecast to 2028 (US$ Thousand) 88
Table 36. Rest of Asia Pacific: Laminate Market, by End-Use Industry - Revenue and Forecast to 2028 (US$ Thousand) 88
Table 37. Middle East and Africa: Basalt Fiber Market, by Product - Revenue and Forecast to 2028 (US$ Thousand) 90
Table 38. Middle East and Africa: Basalt Fiber Market, by End-Use Industry - Revenue and Forecast to 2028 (US$ Thousand) 91
Table 39. South Africa Basalt Fiber Market, by Product - Revenue and Forecast to 2028 (US$ Thousand) 93
Table 40. South Africa Laminate Market, by End-Use Industry - Revenue and Forecast to 2028 (US$ Thousand) 93
Table 41. Saudi Arabia Basalt Fiber Market, by Product - Revenue and Forecast to 2028 (US$ Thousand) 94
Table 42. Saudi Arabia Laminate Market, by End-Use Industry - Revenue and Forecast to 2028 (US$ Thousand) 95
Table 43. UAE Basalt Fiber Market, by Product - Revenue and Forecast to 2028 (US$ Thousand) 96
Table 44. UAE Laminate Market, by End-Use Industry - Revenue and Forecast to 2028 (US$ Thousand) 96
Table 45. Rest of Middle East and Africa Basalt Fiber Market, by Product - Revenue and Forecast to 2028 (US$ Thousand) 97
Table 46. Rest of Middle East and Africa Basalt Fiber Market, by End-Use Industry - Revenue and Forecast to 2028 (US$ Thousand) 98
Table 47. South and Central America Basalt Fiber Market, by Product - Revenue and Forecast to 2028 (US$ Thousand) 100
Table 48. South and Central America Basalt Fiber Market, by End-Use Industry - Revenue and Forecast to 2028 (US$ Thousand) 101
Table 49. Brazil Basalt Fiber Market, by Product - Revenue and Forecast to 2028 (US$ Thousand) 103
Table 50. Brazil Basalt Fiber Market, by End-Use Industry - Revenue and Forecast to 2028 (US$ Thousand) 103
Table 51. Argentina Basalt Fiber Market, by Product - Revenue and Forecast to 2028 (US$ Thousand) 105
Table 52. Argentina Basalt Fiber Market, by End-Use Industry - Revenue and Forecast to 2028 (US$ Thousand) 105
Table 53. Rest of South and Central America Basalt Fiber Market, by Product - Revenue and Forecast to 2028 (US$ Thousand) 106
Table 54. Rest of South and Central America Basalt Fiber Market, by End-Use Industry - Revenue and Forecast to 2028 (US$ Thousand) 107
Table 55. List of Abbreviation 135List of Figures
Figure 1. Global Basalt Fiber Market Segmentation 20
Figure 2. Basalt Fiber Market Segmentation - By Geography 21
Figure 3. Global Basalt Fiber Market Overview 22
Figure 4. Basalt Fiber Market, By Product 23
Figure 5. Basalt Fiber Market, By Geography 24
Figure 6. Global Basalt Fiber Market, Industry Landscape 25
Figure 7. North America: PEST Analysis 31
Figure 8. Europe: PEST Analysis 32
Figure 9. APAC: PEST Analysis 32
Figure 10. MEA: PEST Analysis 33
Figure 11. SAM: PEST Analysis 33
Figure 12. Expert Opinion 34
Figure 13. Basalt Fiber Market Impact Analysis of Drivers and Restraints 37
Figure 14. Geographic Overview of Basalt Fiber Market 38
Figure 15. Global: Basalt Fiber Market - Revenue and Forecast to 2028 (US$ Thousand) 39
Figure 16. Global Basalt Fiber Market Breakdown, By Product, 2020 & 2028 41
Figure 17. Roving: Basalt Fiber Market - Revenue and Forecast to 2028 (US$ Thousand) 42
Figure 18. Chopped Strand: Basalt Fiber Market - Revenue and Forecast to 2028 (US$ Thousand) 43
Figure 19. Twisted Yarn: Basalt Fiber Market - Revenue and Forecast to 2028 (US$ Thousand) 44
Figure 20. Fabrics and Tapes: Basalt Fiber Market - Revenue and Forecast to 2028 (US$ Thousand) 45
Figure 21. Others: Basalt Fiber Market - Revenue and Forecast to 2028 (US$ Thousand) 46
Figure 22. Global Basalt Fiber Market Breakdown, by End-Use Industry, 2020 & 2028 47
Figure 23. Construction: Basalt Fiber Market - Revenue and Forecast to 2028 (US$ Thousand) 48
Figure 24. Automotive: Basalt Fiber Market - Revenue and Forecast to 2028 (US$ Thousand) 49
Figure 25. Electrical and Electronics: Basalt Fiber Market - Revenue and Forecast to 2028 (US$ Thousand) 50
Figure 26. Chemical: Basalt Fiber Market - Revenue and Forecast to 2028 (US$ Thousand) 51
Figure 27. Others: Basalt Fiber Market - Revenue and Forecast to 2028 (US$ Thousand) 52
Figure 28. Global Basalt Fiber Market Revenue Share, by Region (2020 and 2028) 53
Figure 29. North America: Basalt Fiber Market - Revenue and Forecast to 2028 (US$ Thousand) 54
Figure 30. North America: Basalt Fiber Market Revenue Share, by Product (2020 and 2028) 55
Figure 31. North America: Basalt Fiber Market Revenue Share, by End-Use Industry (2020 and 2028) 56
Figure 32. North America: Basalt Fiber Market Revenue Share, by Key Country (2020 and 2028) 57
Figure 33. US: Basalt Fiber Market - Revenue and Forecast to 2028 (US$ Thousand) 57
Figure 34. Canada: Basalt Fiber Market - Revenue and Forecast to 2028 (US$ Thousand) 59
Figure 35. Mexico: Basalt Fiber Market - Revenue and Forecast to 2028 (US$ Thousand) 61
Figure 36. Europe: Basalt Fiber Market - Revenue and Forecast to 2028 (US$ Thousand) 63
Figure 37. Europe: Basalt Fiber Market Revenue Share, By Product (2020 and 2028) 63
Figure 38. Europe: Basalt Fiber Market Revenue Share, by End-Use Industry (2020 and 2028) 64
Figure 39. Europe: Basalt Fiber Market Revenue Share, by Key Country (2020 and 2028) 65
Figure 40. Germany: Basalt Fiber Market - Revenue and Forecast to 2028 (US$ Thousand) 66
Figure 41. France: Basalt Fiber Market - Revenue and Forecast to 2028 (US$ Thousand) 67
Figure 42. Italy: Basalt Fiber Market - Revenue and Forecast to 2028 (US$ Thousand) 69
Figure 43. UK: Basalt Fiber Market - Revenue and Forecast to 2028 (US$ Thousand) 70
Figure 44. Russia: Basalt Fiber Market - Revenue and Forecast to 2028 (US$ Thousand) 72
Figure 45. Rest of Europe: Basalt Fiber Market - Revenue and Forecast to 2028 (US$ Thousand) 73
Figure 46. Asia Pacific: Basalt Fiber Market - Revenue and Forecast to 2028 (US$ Thousand) 76
Figure 47. Asia Pacific: Basalt Fiber Market Revenue Share, by Product (2020 and 2028) 76
Figure 48. Asia Pacific: Basalt Fiber Market Revenue Share, by End-Use Industry (2020 and 2028) 77
Figure 49. Asia Pacific: Basalt Fiber Market Revenue Share, by Key Country (2020 and 2028) 78
Figure 50. India: Basalt Fiber Market - Revenue and Forecast to 2028 (US$ Thousand) 79
Figure 51. Australia: Basalt Fiber Market - Revenue and Forecast to 2028 (US$ Thousand) 81
Figure 52. China: Basalt Fiber Market - Revenue and Forecast to 2028 (US$ Thousand) 82
Figure 53. China: Laminate Market, by End-Use Industry - Revenue and Forecast to 2028 (US$ Thousand) 83
Figure 54. Japan: Basalt Fiber Market - Revenue and Forecast to 2028 (US$ Thousand) 84
Figure 55. South Korea: Basalt Fiber Market - Revenue and Forecast to 2028 (US$ Thousand) 86
Figure 56. Rest of Asia Pacific: Basalt Fiber Market - Revenue and Forecast to 2028 (US$ Thousand) 87
Figure 57. Middle East and Africa: Basalt Fiber Market - Revenue and Forecast to 2028 (US$ Thousand) 89
Figure 58. Middle East and Africa: Basalt Fiber Market Revenue Share, by Product (2020 and 2028) 90
Figure 59. Middle East and Africa: Basalt Fiber Market Revenue Share, by End-Use Industry (2020 and 2028) 91
Figure 60. Middle East and Africa: Basalt Fiber Market Revenue Share, by Key Country (2020 and 2028) 92
Figure 61. South Africa: Basalt Fiber Market - Revenue and Forecast to 2028 (US$ Thousand) 92
Figure 62. Saudi Arabia: Basalt Fiber Market - Revenue and Forecast to 2028 (US$ Thousand) 94
Figure 63. UAE: Basalt Fiber Market - Revenue and Forecast to 2028 (US$ Thousand) 95
Figure 64. Rest of Middle East and Africa: Basalt Fiber Market - Revenue and Forecast to 2028 (US$ Thousand) 97
Figure 65. South and Central America: Basalt Fiber Market - Revenue and Forecast to 2028 (US$ Thousand) 99
Figure 66. South and Central America: Basalt Fiber Market Revenue Share, by Product (2020 and 2028) 100
Figure 67. South and Central America: Basalt Fiber Market Revenue Share, by End-Use Industry (2020 and 2028) 101
Figure 68. South and Central America: Basalt Fiber Market Revenue Share, by Key Country (2020 and 2028) 102
Figure 69. Brazil: Basalt Fiber Market - Revenue and Forecast to 2028 (US$ Thousand) 102
Figure 70. Argentina: Basalt Fiber Market - Revenue and Forecast to 2028 (US$ Thousand) 104
Figure 71. Rest of South and Central America: Basalt Fiber Market - Revenue and Forecast to 2028 (US$ Thousand) 106
Figure 72. Impact of COVID-19 Pandemic on Basalt Fiber Market in North America 109
Figure 73. Impact of COVID-19 Pandemic on Basalt Fiber Market in Europe 110
Figure 74. Impact of COVID-19 Pandemic on Basalt Fiber Market in Asia Pacific 111
Figure 75. Impact of COVID-19 Pandemic on Basalt Fiber Market in Middle East & Africa 112
Figure 76. Impact of COVID-19 Pandemic on Basalt Fiber Market in South and Central America 113
Companies Mentioned (Partial List)
A selection of companies mentioned in this report includes, but is not limited to:
- Kamenny Vek Company
- Fiberbas Construction and Building Technologies
- Hydro Design Management Co. Pvt. Ltd.
- Hg Gbf Basalt Fiber Co., Ltd
- Bastech
- Mafic SA
- Shanxi Basalt Fiber Technology Co. Ltd
- Technobasalt-Invest LLC
- Deutsche Basalt Faser Gmbh
- Basalt Engineering LLC
Table Information
| Report Attribute | Details |
|---|---|
| No. of Pages | 170 |
| Published | September 2021 |
| Forecast Period | 2021 - 2028 |
| Estimated Market Value ( USD | $ 216 Million |
| Forecasted Market Value ( USD | $ 427.14 Million |
| Compound Annual Growth Rate | 10.2% |
| Regions Covered | Global |
