Basalt Fiber Market

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.

Basalt Fiber is made from a single material, crushed basalt, from a carefully chosen quarry source and unlike other materials such as glass fibre, essentially no materials are added. The basalt is simply washed and then melted.

Basalt Fiber Market aims to provide a comprehensive presentation of the global market for Basalt Fiber, 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 Fiber. Basalt Fiber Market contains market size and forecasts of Basalt Fiber in global, including the following market information:

Global Basalt Fiber Market Revenue, 2018-2023, 2024-2029, ($ millions)

Global Basalt Fiber Market Sales, 2018-2023, 2024-2029, (Ton)

Global top five Basalt Fiber companies in 2022 (%)

The global Basalt Fiber 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.

Global basalt fiber key players include Kamenny Vek, Zhengzhou Dengdian,Shanxi ECIC etc. Global top 5 manufacturers hold a share about 60%.

North America is the largest market, with a share about 40%, followed by China and Europe with a share both about 28%.

We surveyed the Basalt Fiber 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 Fiber Market, by Type, 2018-2023, 2024-2029 ($ Millions) & (Ton)

Global Basalt Fiber Market Segment Percentages, by Type, 2022 (%)

Chopped Fiber

Twisted Roving

Twistless Roving

Global Basalt Fiber Market, by Application, 2018-2023, 2024-2029 ($ Millions) & (Ton)

Global Basalt Fiber Market Segment Percentages, by Application, 2022 (%)

Construction

Fire Control

Automobile

Aerospace

Military

Shipbuilding

Others

Global Basalt Fiber Market, By Region and Country, 2018-2023, 2024-2029 ($ Millions) & (Ton)

Global Basalt Fiber 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 Fiber revenues in global market, 2018-2023 (Estimated), ($ millions)

Key companies Basalt Fiber revenues share in global market, 2022 (%)

Key companies Basalt Fiber sales in global market, 2018-2023 (Estimated), (Ton)

Key companies Basalt Fiber sales share in global market, 2022 (%)

Further, the report presents profiles of competitors in the market, key players include:

Kamenny Vek

Technobasalt-Invest

Sudaglass

Mafic

Zaomineral

Aerospace Tuoxin

Shanxi Basai Aote Technology

GMV

Jiangsu Tianlong

Tongxin

Jilin Jiuxin

Zhejiang GBF

BASALTEX NV

Zhengzhou Dengdian

Shanxi ECIC

Sichuan Qianyi composite material Co., Ltd.

Outline of Major Chapters:

Chapter 1: Introduces the definition of Basalt Fiber, market overview.

Chapter 2: Global Basalt Fiber market size in revenue and volume.

Chapter 3: Detailed analysis of Basalt Fiber 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 Fiber 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 Fiber 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.