Global Basalt Fiber Market by Manufacturers, Regions, Type and Application, Forecast to 2023

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.

Scope of the Report:
This report focuses on the Basalt Fiber in global market, especially in North America, Europe and Asia-Pacific, South America, Middle East and Africa. This report categorizes the market based on manufacturers, regions, type and application.
Basalt fiber industry has broad development prospects, the value is favored by investors, production companies gradually increased.
Fiber manufacturer must continue to strengthen internal technological innovation, improve product quality, also has the external dual role: materials suppliers and solutions providers. The degree of Basalt Fiber technological innovation directly determines the development speed and the development space of Basalt Fiber industry, and even the success or failure of basalt fiber industry.
According to the statistics, basalt fiber industry is relatively concentrated. Currently, there are many producing companies in the world basalt fibe. The main market players are Kamenny Vek, Technobasalt-Invest, Sudaglass, Mafic, Zaomineral, Aerospace Tuoxin, Shanxi Basalt Fiber, GMV, Jiangsu Tianlong, Tongxin, Jilin Jiuxin, Zhejiang GBF, etc. Based on the survey, the top ten manufacturers were estimated to account for 76.37% volume market share in 2015.
Basalt fibers are made up of two components: the basalts and the wetting agent. There are main two types of the basalt fiber: basalt chopped fiber, basalt continuous fiber, and basalt chopped fiber is about 69.10% of the global basalt fibers. Globally, in 2015, 56.71% of basalt fiber was consumed in Road & building Construction, while 7.05% and 24.28% were respectively consumed in automotive industryas well as military industrial.
In consumption market, the global sales value increases with the 7-8% average growth rate. China, Russia and North America are the mainly consumption regions due to the bigger demand of downstream applications. In 2015, the China was approximately hold 45.71% consumption market share.
The worldwide market for Basalt Fiber is expected to grow at a CAGR of roughly 7.6% over the next five years, will reach 68 million US$ in 2023, from 44 million US$ in 2017, according to a new GIR (Global Info Research) study.

Market Segment by Manufacturers, this report covers
Kamenny Vek
Technobasalt-Invest
Sudaglass
Mafic
Zaomineral
Aerospace Tuoxin
Shanxi Basalt Fiber
GMV
Jiangsu Tianlong
Tongxin
Jilin Jiuxin
Zhejiang GBF

Market Segment by Regions, regional analysis covers
North America (United States, Canada and Mexico)
Europe (Germany, France, UK, Russia and Italy)
Asia-Pacific (China, Japan, Korea, India and Southeast Asia)
South America (Brazil, Argentina, Colombia etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)

Market Segment by Type, covers
Basalt Chopped Fiber
Basalt Continuous Fiber

Market Segment by Applications, can be divided into
Road & Building Construction
Automotive Industry
Military Industrial
Others

There are 15 Chapters to deeply display the global Basalt Fiber market.
Chapter 1, to describe Basalt Fiber Introduction, product scope, market overview, market opportunities, market risk, market driving force;
Chapter 2, to analyze the top manufacturers of Basalt Fiber, with sales, revenue, and price of Basalt Fiber, in 2016 and 2017;
Chapter 3, to display the competitive situation among the top manufacturers, with sales, revenue and market share in 2016 and 2017;
Chapter 4, to show the global market by regions, with sales, revenue and market share of Basalt Fiber, for each region, from 2013 to 2018;
Chapter 5, 6, 7, 8 and 9, to analyze the market by countries, by type, by application and by manufacturers, with sales, revenue and market share by key countries in these regions;
Chapter 10 and 11, to show the market by type and application, with sales market share and growth rate by type, application, from 2013 to 2018;
Chapter 12, Basalt Fiber market forecast, by regions, type and application, with sales and revenue, from 2018 to 2023;
Chapter 13, 14 and 15, to describe Basalt Fiber sales channel, distributors, traders, dealers, Research Findings and Conclusion, appendix and data source

Frequently Asked Questions