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Basalt Fibre Market

Explore FMI’s latest coverage on the basalt fibre market, offering up to date insights on prevailing market trends

Basalt Fibre Market By Type, Form, Composite Processing Method, Application, End-User & Region - Forecast 2022 – 2032

Basalt Fibre Market Outlook (2022-2032) 

[300 Pages Report] The global basalt fibre market is expected to be valued at US$ 239.4 Million in 2022. Basalt fibre is a basalt rock product, considered as an alternative to carbon fibre and glass fibre, comprising pyroxene and such minerals as plagioclase and olivine; finding use in construction industry in view of its low water retention capacity and high thermal resistance, it is increasingly used in industrial furnace linings and fibre rope applications.

Data Points

Key Statistics

Basalt fibre Market Value 2022

US$ 239.4 Million

Basalt fibre Market Projected Value (2032)

US$ 577.2 Million

Basalt fibre Market CAGR (2022-2032)

9.2%

Overall demand for basalt fibre is projected to grow at a CAGR of 9.2% between 2022 and 2032, totaling around US$ 577.2 Million by 2032.

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Basalt Fibre Demand Analysis (2016 to 2021) Vs Market Outlook (2022 to 2032)

Historically, the market value of the basalt fibre industry showed a growth of 7.1% CAGR from 2016 to 2021. The global basalt fibre market has generated an absolute dollar opportunity of around USD 30.4 million in the past half-decade. It is estimated to generate opportunities of around USD 101 million and USD 239.4 million by the mid (2022-27) and long-term (2022-2032) respectively.

The East Asian basalt fibre market accounted for ~17% of the global basalt fibre market in 2021. It is assessed to generate an absolute $ opportunity of USD 40.3 Million during 2022-2032.

Basalt fibre finds extreme use in constructions in view of its low water retention content. High thermal resistance of basalt fibre makes it ideal for industrial furnace lining and in fibre rope applications.

Being a naturally derived material, basalt gives into recycling more easily than other reinforcing fibres, hence is observing significant traction in various industrial applications.

Basalt fibre possesses further endearing properties than steel which acts in favor of growth

Basalt fibre has greater tensile strength than steel and its small minute particles acts as a binding force in reinforced concrete.

Basalt fibre possesses higher physicomechanical traits as compared to fibreglass owing to its low cost. This makes it advantageous when put to use in aerospace and automotive industries.

Basalt fibres have amply demonstrated improved mechanical strength, chemical and heat resistance, insulation, and other qualities. Because of qualities such as corrosion resistance and being lightweight in structure, which permits mounting without the use of lifting or other specialist equipment, the usage of basalt fibres as an alternative to steel reinforcements has increased.

Basalt fibres also outstrip e-glass fibre in construction composites.

Continuous grain of basalt fibres being low-cost, super-efficient, holding excellent mechanical properties such as powerful tensile strength makes them suitable for various applications such as pipe containers, plastic basalt products, reinforced nets and various electrical insulation materials. This, thus provides them with highly lucrative market opportunities.

Significant R&D efforts to enhance scope of applications to wind, energy and marine industries will help growth

Significant R&D in applications with basalt fibre to enhance its application scope to wind, energy and marine industries help growth of basalt fibre onwards.

Increasing construction projects in emerging economies such as India and China are primarily fueling demand for basalt fibre owing to its low cost and anti-corrosive traits.

Restraints to growth of basalt fibre industry

Raw materials in short supply and high cost a deterrent to market growth

Scarcity of raw material and high cost is posing a threat to the basalt fibre market. Yet another restraint to the industry growth is the low-cost alternative in the form of fibre glass, which is serving as a dampener to basalt fibre market.

Domestic manufacturers in emerging regions are tightening the market competition by selling products at much cheaper rates, as such, leading players are experiencing difficulties in expanding their regional foothold.

Recent studies reveal the global construction industry stood at 0.9% growth in 2020.

North America held maximum share in the basalt fibre market with the US as the leading consumers of basalt fibres in the region. The region is the nerve-center of automobile, construction and wind energy sectors. Further, favorable government trade policies are playing a helping hand in the market growth in North America.

Governments increased their investments in industrialized emerging economies for development of infrastructure projects which holds considerable potential to drive this market. For instance, according to the Euro Construct report 2019, construction output reached about USD 1,900 Billion in European countries. Considering the higher mechanical strength offered by basalt fibre in extreme construction conditions, this market is projected a growth of 12.4% CAGR during 2022-2032.

Markets in Europe was also growing at a steady pace with inordinate growth written in Germany and Russia. Favorable Government policies are playing it out in the market growth in European region.

Asia Pacific provides an increasing market for basalt fibre towards the forecast period. Copious government investments towards infrastructural developments is slated to drive the regional market.

Growing automotive industries in China and Japan is fueling the demand for basalt fibre. Studies reveal that the annual production of automobiles in APAC is more than 50 million, 60% of which is used domestically.

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Which End-Use Industry is poised to Show lucrative Growth in Basalt Fibre Market?

Building and Construction sector to prove resilient economy with 25% share in growth

Basalt fibres used in industries such as building and construction, automotive, aerospace, ship building etc. However, the sales of basalt fibres comes majorly from building and construction industry as the segment holds 29.2% share of the overall market. The demand is likely to remain concentrated in this segment owing to the product used as a replacement to carbon fibre based reinforcements, and conventional steel.

Additionally, the segments of aerospace and automotive are projected to expand at a CAGR of 9.1% and 13.6% respectively, during the forecast years owing to their increased usage. This is projected to provide a gain of 235 BPS to the basalt fibre market over the assessment years of 2022-2032.

Will North America Continue Dominance in the Global Basalt fibre Market?

The U.S basalt fibre market prime consumer and contributor to the economy with 27.4% market share in 2022

North American basalt fibre market held 27.4% share in the global basalt fibre market during 2021 and is estimated to gain 110 BPS with the growth of 12.7% CAGR in upcoming ten years. Furthermore, the United States basalt fibre market is the prime consumer as well as a contributor in the North American market with expanding market share in 2021.

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Will European market stay resilient in a volatile economy?

Germany bound to craft back to back growth in driving economy

The European basalt fibre market consists of numerous regional markets such as Germany, Italy, France, Spain etc. Europe holds 22.6% of the overall market share and is projected to rise at a CAGR of 13.6% in the coming years. This is attributed to the escalating demand for non-composites, by usage type, in countries like the United Kingdom and Germany.

Germany is bound to create growth for basalt fibre manufacturers due to the investment in different end-use industries such as Aerospace and defense, Automotive, etc. This is powering the growth in the basalt fibre market in the European region in the coming years.

Start-up Ecosystem

  • Bastech is a manufacturer of basalt-based advanced building materials. The company manufactures Continuous Basalt Fibre (CBF), which is produced by a single step extraction from the molten basaltic rock without the use of any chemicals. Additionally, it also offers basalt-based rebar, construction mesh, roving, and fibre among others. The company was founded in the year 2015.
  • Basfibre is a manufacturer of basalt fibre. The company offers products such as roving, chopped strands, twisted yarn, reinforcing mesh, needle-punched mats, and basalt rope. It can be used in the construction and automotive industries. It owns various publications regarding basfibre products.it was founded in 2002 in Dubna, Russia.

Competitive Landscape

Key players in the industry include ASA.TEC GmbH, Basaltex NV, INCOTELOGY GmbH, Isomatex, Kamenny Vek, Mafic, Shanxi Basalt Fibre Technology Co. Ltd, sjn AG Suchmaschine der Technik, Sudaglass Fibre Technology, Technobasalt-Invest LLC and Zhejiang Hengdian Imp. & Exp. Co. Ltd.

The global basalt fibre market is slightly fragmented and is represented by scarce number of global and regional players. These players are focusing on continuous expansion and collaboration activities. For instance,

  • Kamenny Vek Company is the world’s leading manufacturer of continuous basalt fibre that is produced and sold on the market under the registered trademark Basfibre®. The company commenced with a new production line for basalt fibre in Sept. 2020.
  • In April 2020, Polotsk-Glassfibre expanded its business by launching a new furnace with production capacity of 500 tons fibre per year.
  • In 2019, Basanite Industries LLC started a new manufacturing unit in Florida for production of basalt fibres and basalt composites.

Report Scope

Report Attribute

Details

Growth Rate

CAGR of 9.2% from 2022-2032

Market Value in 2022

US$ 239.4 Million

Market Value in 2032

US$ 577.2 Million

Base Year for Estimation

2021

Historical Data

2016-2021

Forecast Period

2022-2032

Quantitative Units

Revenue in US$ Million and CAGR from 2022-2032

Report Coverage

Revenue Forecast, Company Ranking, Competitive Landscape, Growth Factors, Trends and Pricing Analysis

Segments Covered

  • Type
  • Form
  • Composite Processing Method
  • Application
  • End-User

Regions Covered

  • North America
  • Latin America
  • Europe
  • Middle East and Africa
  • Rest of the World

Key Countries Profiled

  • U.S
  • Canada
  • Germany
  • U.K
  • France
  • Spain
  • Italy
  • GCC
  • South Africa

Key Companies Profiled

  • Kamenny Vek
  • Mafic SA
  • Technobasalt-Invest
  • Fibrebas Construction and Building Technologies
  • Hebei Tong-Hui Technology
  • Sichuan Aerospace Tuoxin Basalt Industrial Co. Ltd.
  • Mudanjiang Jinshi Basalt Fibre Co. Ltd
  • Zaomineral
  • GMV
  • Jilin Province Huayang New Composite Material Co., Ltd.

Report Customization & Pricing

Available upon Request

Key Segments Covered in the Basalt fibre Industry Report

By Type:

  • Composites
  • Non-Composites

By Form:

  • Continuous Basalt Fibre
  • Discrete Basalt Fibre

By Composite Processing Method:

  • Pultrusion
  • PrePregs
  • Compression Moulding
  • Hand Layup
  • Resin Moulding
  • Vaccum Infusion
  • Spray Gun
  • Filament winding
  • Resin film Infusion (RFI)
  • Others

By Application:

  • Concrete reinforcement
  • Roads
  • Mesh filters
  • Insulator
  • Wall Plugs
  • Spray Application
  • Refractory Bricks and Blocks
  • Walls and foundations
  • Coastline reinforcement
  • Reinforcement for Sports equipment and Automotive Parts
  • Water works
  • Ship & Boats Building
  • Shafts and tunnels
  • Composites
  • Others

By End-use Industry:

  • Construction & Infrastructure
  • Automotive & Transportation
  • Electrical & Electronics
  • Wind Energy
  • Marines
  • Others

By Region:

  • North America
  • Europe
  • Middle East & Africa
  • Rest of the World

Frequently Asked Questions

As of 2022, the basalt fibre market is slated to reach a valuation of US$ 239.4 Million

From 2022-2032, sales of basalt fibre is expected to grow at a 9.2% CAGR

By 2032, Future Market Insights expects the basalt fibre market to reach US$577. 2 Million

Table of Content

1. Executive Summary

    1.1. Global Market Outlook

    1.2. Demand Side Trends

    1.3. Supply Side Trends

    1.4. Analysis and Recommendations

2. Market Overview

    2.1. Market Coverage / Taxonomy

    2.2. Market Definition / Scope / Limitations

3. Key Market Trends

    3.1. Key Trends Impacting the Market

    3.2. Type Innovation / Development Trends

4. Market Background

    4.1. Macro-Economic Factors

        4.1.1. Rise in Expenditure

        4.1.2. Increased Per Capita Expenditure

    4.2. Forecast Factors - Relevance & Impact

        4.2.1. Type in Pipeline

        4.2.2. Regulatory Scenario

        4.2.3. Mergers and Acquisitions

        4.2.4. Collaborative Agreements

        4.2.5. Value Chain

    4.3. Market Dynamics

        4.3.1. Drivers

        4.3.2. Restraints

        4.3.3. Opportunity Analysis

5. Market Context

    5.1. Basalt Fibre Adoption and Usage Analysis

    5.2. Basalt Fibre Market Evolution

    5.3. Type Vs Composite Processing Method Matrix

    5.4. Regulatory Scenario

    5.5. Parent Market Analysis

    5.6. Key Promotional Strategies by Market Players

6. Global Basalt Fibre Market - Pricing Analysis

    6.1. Regional Pricing Analysis By Type

    6.2. Pricing Break-up

        6.2.1. Manufacturer Level Pricing

        6.2.2. Distributor Level Pricing

    6.3. Global Average Pricing Analysis Benchmark

7. Global Basalt Fibre Market Value Analysis 2016-2020 and Forecast, 2021-2031

    7.1. Historical Market Value (US$ Mn) Analysis, 2016-2020

    7.2. Current and Future Market Value (US$ Mn) Projections, 2021-2031

        7.2.1. Y-o-Y Growth Trend Analysis

        7.2.2. Absolute $ Opportunity Analysis

8. Global Basalt Fibre Market Analysis 2016-2020 and Forecast 2021-2031, By Type

    8.1. Introduction / Key Findings

    8.2. Historical Market Size (US$ Mn) Analysis By Type, 2016-2020

    8.3. Current and Future Market Size (US$ Mn) Analysis and Forecast By Type, 2021-2031

        8.3.1. Composites

        8.3.2. Non-Composites

    8.4. Market Attractiveness Analysis By Type

9. Global Basalt Fibre Market Analysis 2016-2020 and Forecast 2021-2031, by Form

    9.1. Introduction / Key Findings Form Application, 2016-2020

    9.2. Current and Future Market Size (US$ Mn) Analysis and Forecast By Form, 2021-2031

        9.2.1. Continuous Basalt Fibre

        9.2.2. Discrete Basalt Fibre

    9.3. Market Attractiveness Analysis By Form

10. Global Basalt Fibre Market Analysis 2016-2020 and Forecast 2021-2031, by Composite Processing Method

    10.1. Introduction / Key Findings Composite Processing Method Application, 2016-2020

    10.2. Current and Future Market Size (US$ Mn) Analysis and Forecast By Composite Processing Method, 2021-2031

        10.2.1. Putrusion

        10.2.2. PrePregs

        10.2.3. Compression Moulding

        10.2.4. Hand Layup

        10.2.5. Resin Moulding

        10.2.6. Vacuum Infusion

        10.2.7. Spray Gun

        10.2.8. Filament Winding

        10.2.9. Resin Film Infusion (RFI)

        10.2.10. Others

    10.3. Market Attractiveness Analysis By Composite Processing Method

11. Global Basalt Fibre Market Analysis 2016-2020 and Forecast 2021-2031, by Application

    11.1. Introduction / Key Findings Application, 2016-2020

    11.2. Current and Future Market Size (US$ Mn) Analysis and Forecast By Application, 2021-2031

        11.2.1. Concrete Reinforcement

        11.2.2. Roads

        11.2.3. Mesh Filters

        11.2.4. Insulators

        11.2.5. Wall Plugs

        11.2.6. Spray Applications

        11.2.7. Refractory Bricks and Blocks

        11.2.8. Walls and Foundations

        11.2.9. Coastline Reinforcement

        11.2.10. Reinforcement for Sports Equipment and Automotive Parts

        11.2.11. Water Works

        11.2.12. Ship & Boats Building

        11.2.13. Shafts and Tunnels

        11.2.14. Composites

        11.2.15. Others

    11.3. Market Attractiveness Analysis By Application

12. Global Basalt Fibre Market Analysis 2016-2020 and Forecast 2021-2031, by End Use Industry

    12.1. Introduction / Key Findings

    12.2. Historical Market Size (US$ Mn) Analysis By End Use Industry, 2016-2020

    12.3. Current and Future Market Size (US$ Mn) Analysis and Forecast By End Use Industry, 2021-2031

        12.3.1. Construction & Infrastructure

        12.3.2. Automotive & Transportation

        12.3.3. Electrical & Electronics

        12.3.4. Wind Energy

        12.3.5. Marines

        12.3.6. Others

    12.4. Market Attractiveness Analysis By End Use Industry

13. Global Basalt Fibre Market Analysis 2016-2020 and Forecast 2021-2031, by Region

    13.1. Introduction

    13.2. Historical Market Size (US$ Mn) Analysis By Region, 2016-2020

    13.3. Current Market Size (US$ Mn) Analysis and Forecast By Region, 2021-2031

        13.3.1. North America

        13.3.2. Europe

        13.3.3. Middle East and Africa (MEA)

        13.3.4. Rest of the World

    13.4. Market Attractiveness Analysis By Region

14. North America Basalt Fibre Market Analysis 2016-2020 and Forecast 2021-2031

    14.1. Introduction

    14.2. Historical Market Size (US$ Mn) Trend Analysis By Market Taxonomy, 2016-2020

    14.3. Market Size (US$ Mn) Forecast By Market Taxonomy, 2021-2031

        14.3.1. By Country

            14.3.1.1. U.S.

            14.3.1.2. Canada

        14.3.2. By Type

        14.3.3. By Form

        14.3.4. By Composite Processing Method

        14.3.5. By Application

        14.3.6. By End Use Industry

    14.4. Market Attractiveness Analysis

    14.5. Market Trends

    14.6. Key Market Participants - Intensity Mapping

    14.7. Drivers and Restraints - Impact Analysis

15. Europe Basalt Fibre Market Analysis 2016-2020 and Forecast 2021-2031

    15.1. Introduction

    15.2. Historical Market Size (US$ Mn) Trend Analysis By Market Taxonomy, 2016-2020

    15.3. Market Size (US$ Mn) Forecast By Market Taxonomy, 2021-2031

        15.3.1. By Country

            15.3.1.1. Germany

            15.3.1.2. Italy

            15.3.1.3. France

            15.3.1.4. U.K.

            15.3.1.5. Spain

            15.3.1.6. Rest of Europe

        15.3.2. By Type

        15.3.3. By Form

        15.3.4. By Composite Processing Method

        15.3.5. By Application

        15.3.6. By End Use Industry

    15.4. Market Attractiveness Analysis

    15.5. Market Trends

    15.6. Key Market Participants - Intensity Mapping

    15.7. Drivers and Restraints - Impact Analysis

16. Middle East and Africa Basalt Fibre Market Analysis 2016-2020 and Forecast 2021-2031

    16.1. Introduction

    16.2. Historical Market Size (US$ Mn) Trend Analysis By Market Taxonomy, 2016-2020

    16.3. Market Size (US$ Mn) Forecast By Market Taxonomy, 2021-2031

        16.3.1. By Country

            16.3.1.1. GCC Countries

            16.3.1.2. South Africa

            16.3.1.3. Rest of Middle East and Africa

        16.3.2. By Type

        16.3.3. By Form

        16.3.4. By Composite Processing Method

        16.3.5. By Application

        16.3.6. By End Use Industry

    16.4. Market Attractiveness Analysis

    16.5. Market Trends

    16.6. Key Market Participants - Intensity Mapping

    16.7. Drivers and Restraints - Impact Analysis

17. Rest of the World Basalt Fibre Market Analysis 2016-2020 and Forecast 2021-2031

    17.1. Introduction

    17.2. Historical Market Size (US$ Mn) Trend Analysis By Market Taxonomy, 2016-2020

    17.3. Market Size (US$ Mn) Forecast By Market Taxonomy, 2021-2031

        17.3.1. By Type

        17.3.2. By Form

        17.3.3. By Composite Processing Method

        17.3.4. By Application

        17.3.5. By End Use Industry

    17.4. Market Attractiveness Analysis

    17.5. Market Trends

    17.6. Key Market Participants - Intensity Mapping

    17.7. Drivers and Restraints - Impact Analysis

18. Key and Emerging Countries Basalt Fibre Market Analysis 2016-2020 and Forecast 2021-2031

    18.1. Introduction

        18.1.1. Market Value Proportion Analysis, By Key Countries

        18.1.2. Global Vs. Country Growth Comparison

    18.2. U.S. Basalt Fibre Market Analysis

        18.2.1. By Type

        18.2.2. By Form

        18.2.3. By Composite Processing Method

        18.2.4. By Application

        18.2.5. By End Use Industry

    18.3. Canada Basalt Fibre Market Analysis

        18.3.1. By Type

        18.3.2. By Form

        18.3.3. By Composite Processing Method

        18.3.4. By Application

        18.3.5. By End Use Industry

    18.4. U.K. Basalt Fibre Market Analysis

        18.4.1. By Type

        18.4.2. By Form

        18.4.3. By Composite Processing Method

        18.4.4. By Application

        18.4.5. By End Use Industry

    18.5. Germany Basalt Fibre Market Analysis

        18.5.1. By Type

        18.5.2. By Form

        18.5.3. By Composite Processing Method

        18.5.4. By Application

        18.5.5. By End Use Industry

    18.6. France Basalt Fibre Market Analysis

        18.6.1. By Type

        18.6.2. By Form

        18.6.3. By Composite Processing Method

        18.6.4. By Application

        18.6.5. By End Use Industry

    18.7. Italy Basalt Fibre Market Analysis

        18.7.1. By Type

        18.7.2. By Form

        18.7.3. By Composite Processing Method

        18.7.4. By Application

        18.7.5. By End Use Industry

    18.8. Spain Basalt Fibre Market Analysis

        18.8.1. By Type

        18.8.2. By Form

        18.8.3. By Composite Processing Method

        18.8.4. By Application

        18.8.5. By End Use Industry

        18.8.6. By End Use Industry

    18.9. GCC Countries Basalt Fibre Market Analysis

        18.9.1. By Type

        18.9.2. By Form

        18.9.3. By Composite Processing Method

        18.9.4. By Application

        18.9.5. By End Use Industry

    18.10. South Africa Basalt Fibre Market Analysis

        18.10.1. By Type

        18.10.2. By Form

        18.10.3. By Composite Processing Method

        18.10.4. By Application

        18.10.5. By End Use Industry

19. Market Structure Analysis

    19.1. Market Analysis by Tier of Companies

    19.2. Market Concentration

    19.3. Market Share Analysis of Top Players

    19.4. Market Presence Analysis

        19.4.1. By Regional footprint of Players

        19.4.2. Type foot print by Players

        19.4.3. Channel Foot Print by Players

20. ompetition Analysis

    20.1. Competition Dashboard

    20.2. Competition Benchmarking

    20.3. Competition Deep Dive

        20.3.1. Kamenny Vek

            20.3.1.1. Overview

            20.3.1.2. Type Portfolio

            20.3.1.3. Analyst Commentary

            20.3.1.4. Key Financials

            20.3.1.5. Recent Developments

            20.3.1.6. Sales Footprint

            20.3.1.7. Strategy Overview

                20.3.1.7.1. Marketing Strategy

                20.3.1.7.2. Type Strategy

                20.3.1.7.3. Channel Strategy

        20.3.2. Mafic SA

            20.3.2.1. Overview

            20.3.2.2. Type Portfolio

            20.3.2.3. Analyst Commentary

            20.3.2.4. Key Financials

            20.3.2.5. Recent Developments

            20.3.2.6. Sales Footprint

            20.3.2.7. Strategy Overview

                20.3.2.7.1. Marketing Strategy

                20.3.2.7.2. Type Strategy

                20.3.2.7.3. Channel Strategy

        20.3.3. Technobasalt- Invest

            20.3.3.1. Overview

            20.3.3.2. Type Portfolio

            20.3.3.3. Analyst Commentary

            20.3.3.4. Key Financials

            20.3.3.5. Recent Developments

            20.3.3.6. Sales Footprint

            20.3.3.7. Strategy Overview

                20.3.3.7.1. Marketing Strategy

                20.3.3.7.2. Type Strategy

                20.3.3.7.3. Channel Strategy

        20.3.4. Fibrebas Construction and Building Technologies

            20.3.4.1. Overview

            20.3.4.2. Type Portfolio

            20.3.4.3. Analyst Commentary

            20.3.4.4. Key Financials

            20.3.4.5. Recent Developments

            20.3.4.6. Sales Footprint

            20.3.4.7. Strategy Overview

                20.3.4.7.1. Marketing Strategy

                20.3.4.7.2. Type Strategy

                20.3.4.7.3. Channel Strategy

        20.3.5. Hebei Tong-Hui Technology

            20.3.5.1. Overview

            20.3.5.2. Type Portfolio

            20.3.5.3. Analyst Commentary

            20.3.5.4. Key Financials

            20.3.5.5. Recent Developments

            20.3.5.6. Sales Footprint

            20.3.5.7. Strategy Overview

                20.3.5.7.1. Marketing Strategy

                20.3.5.7.2. Type Strategy

                20.3.5.7.3. Channel Strategy

        20.3.6. Sichuan Aerospace Tuoxin Basalt Industrial Cp. Ltd.

            20.3.6.1. Overview

            20.3.6.2. Type Portfolio

            20.3.6.3. Analyst Commentary

            20.3.6.4. Key Financials

            20.3.6.5. Recent Developments

            20.3.6.6. Sales Footprint

            20.3.6.7. Strategy Overview

                20.3.6.7.1. Marketing Strategy

                20.3.6.7.2. Type Strategy

                20.3.6.7.3. Channel Strategy

        20.3.7. Mudanjiang Jinshi Basalt Fibre Co. Ltd.

            20.3.7.1. Overview

            20.3.7.2. Type Portfolio

            20.3.7.3. Analyst Commentary

            20.3.7.4. Key Financials

            20.3.7.5. Recent Developments

            20.3.7.6. Sales Footprint

            20.3.7.7. Strategy Overview

                20.3.7.7.1. Marketing Strategy

                20.3.7.7.2. Type Strategy

                20.3.7.7.3. Channel Strategy

        20.3.8. Zaomineral

            20.3.8.1. Overview

            20.3.8.2. Type Portfolio

            20.3.8.3. Analyst Commentary

            20.3.8.4. Key Financials

            20.3.8.5. Recent Developments

            20.3.8.6. Sales Footprint

            20.3.8.7. Strategy Overview

                20.3.8.7.1. Marketing Strategy

                20.3.8.7.2. Type Strategy

                20.3.8.7.3. Channel Strategy

        20.3.9. GMV

            20.3.9.1. Overview

            20.3.9.2. Type Portfolio

            20.3.9.3. Analyst Commentary

            20.3.9.4. Key Financials

            20.3.9.5. Recent Developments

            20.3.9.6. Sales Footprint

            20.3.9.7. Strategy Overview

                20.3.9.7.1. Marketing Strategy

                20.3.9.7.2. Type Strategy

                20.3.9.7.3. Channel Strategy

        20.3.10. Jilin Huayang New Composite Material Co. Ltd.

            20.3.10.1. Overview

            20.3.10.2. Type Portfolio

            20.3.10.3. Analyst Commentary

            20.3.10.4. Key Financials

            20.3.10.5. Recent Developments

            20.3.10.6. Sales Footprint

            20.3.10.7. Strategy Overview

                20.3.10.7.1. Marketing Strategy

                20.3.10.7.2. Type Strategy

                20.3.10.7.3. Channel Strategy

21. Assumptions and Acronyms Used

22. Research Methodology

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List of Tables

Table 01: Global Basalt Fibre Market Size (US$ Mn) Analysis 2016-2020 and Forecast 2021-2031, By Type

Table 02: Global Basalt Fibre Market Size (US$ Mn) Analysis 2016-2020 and Forecast 2021-2031, By Form

Table 03: Global Basalt Fibre Market Size (US$ Mn) Analysis 2016-2020 and Forecast 2021-2031, By Composite Processing Method

Table 04: Global Basalt Fibre Market Size (US$ Mn) Analysis 2016-2020 and Forecast 2021-2031, By Application

Table 05: Global Basalt Fibre Market Size (US$ Mn) Analysis 2016-2020 and Forecast 2021-2031, By End Use Industry

Table 06: Global Basalt Fibre Market Size (US$ Mn) Analysis 2016-2020 and Forecast 2021-2031, By Application Age Group

Table 07: Global Basalt Fibre Market Size (US$ Mn) Analysis 2016-2020 and Forecast 2021-2031, By Region

Table 08: North America Basalt Fibre Market Size (US$ Mn) Analysis 2016-2020 and Forecast 2021-2031, By Country

Table 09: North America Basalt Fibre Market Size (US$ Mn) Analysis 2016-2020 and Forecast 2021-2031, By Type

Table 10: North America Basalt Fibre Market Size (US$ Mn) Analysis 2016-2020 and Forecast 2021-2031, By Composite Processing Method

Table 11: North America Basalt Fibre Market Size (US$ Mn) Analysis 2016-2020 and Forecast 2021-2031, By Form

Table 12: North America Basalt Fibre Market Size (US$ Mn) Analysis 2016-2020 and Forecast 2021-2031, By Application

Table 13: North America Basalt Fibre Market Size (US$ Mn) Analysis 2016-2020 and Forecast 2021-2031, By End Use Industry

Table 14: Europe Basalt Fibre Market Size (US$ Mn) Analysis 2016-2020 and Forecast 2021-2031, By Country

Table 15: Europe Basalt Fibre Market Size (US$ Mn) Analysis 2016-2020 and Forecast 2021-2031, By Type

Table 16: Europe Basalt Fibre Market Size (US$ Mn) Analysis 2016-2020 and Forecast 2021-2031, By Composite Processing Method

Table 17: Europe Basalt Fibre Market Size (US$ Mn) Analysis 2016-2020 and Forecast 2021-2031, By Form

Table 18: Europe Basalt Fibre Market Size (US$ Mn) Analysis 2016-2020 and Forecast 2021-2031, By Application

Table 19: Europe Basalt Fibre Market Size (US$ Mn) Analysis 2016-2020 and Forecast 2021-2031, By End Use Industry

Table 20: Middle East and Africa Basalt Fibre Market Size (US$ Mn) Analysis 2016-2020 and Forecast 2021-2031, By Country

Table 21: Middle East and Africa Basalt Fibre Market Size (US$ Mn) Analysis 2016-2020 and Forecast 2021-2031, By Type

Table 22: Middle East and Africa Basalt Fibre Market Size (US$ Mn) Analysis 2016-2020 and Forecast 2021-2031, By Composite Processing Method

Table 23: Middle East and Africa Basalt Fibre Market Size (US$ Mn) Analysis 2016-2020 and Forecast 2021-2031, By Form

Table 24: Middle East and Africa Basalt Fibre Market Size (US$ Mn) Analysis 2016-2020 and Forecast 2021-2031, By Application

Table 25: Middle East and Africa Basalt Fibre Market Size (US$ Mn) Analysis 2016-2020 and Forecast 2021-2031, By End Use Industry

Table 26: Rest of the World Basalt Fibre Market Size (US$ Mn) Analysis 2016-2020 and Forecast 2021-2031, By Type

Table 27: Rest of the World Basalt Fibre Market Size (US$ Mn) Analysis 2016-2020 and Forecast 2021-2031, By Composite Processing Method

Table 28: Rest of the World Basalt Fibre Market Size (US$ Mn) Analysis 2016-2020 and Forecast 2021-2031, By Form

Table 29: Rest of the World Basalt Fibre Market Size (US$ Mn) Analysis 2016-2020 and Forecast 2021-2031, By Application

Table 30: Rest of the World Basalt Fibre Market Size (US$ Mn) Analysis 2016-2020 and Forecast 2021-2031, By End Use Industry

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List of Charts

Figure 01: Global Basalt Fibre Market Value (US$ Mn) Analysis 2016-2020 and Forecast 2021-2031

Figure 02: Global Basalt Fibre Market Absolute $ Opportunity, 2021-2031

Figure 03: Global Basalt Fibre Market Share Analysis (%), By Type, 2021 & 2031

Figure 04: Global Basalt Fibre Market Y-o-Y Analysis (%), By Type, 2021-2031

Figure 05: Global Basalt Fibre Market Attractiveness Analysis By Type, 2021-2031

Figure 06: Global Basalt Fibre Market Share Analysis (%), By Form, 2021 & 2031

Figure 07: Global Basalt Fibre Market Y-o-Y Analysis (%), By Form, 2021-2031

Figure 08: Global Basalt Fibre Market Attractiveness Analysis By Form, 2021-2031

Figure 09: Global Basalt Fibre Market Share Analysis (%), By Composite Processing Method, 2021 & 2031

Figure 10: Global Basalt Fibre Market Y-o-Y Analysis (%), By Composite Processing Method, 2021-2031

Figure 11: Global Basalt Fibre Market Attractiveness Analysis By Composite Processing Method, 2021-2031

Figure 12: Global Basalt Fibre Market Share Analysis (%), By Application, 2021 & 2031

Figure 13: Global Basalt Fibre Market Y-o-Y Analysis (%), By Application, 2021-2031

Figure 14: Global Basalt Fibre Market Attractiveness Analysis By Application, 2021-2031

Figure 15: Global Basalt Fibre Market Share Analysis (%), By End Use Industry, 2021 & 2031

Figure 16: Global Basalt Fibre Market Y-o-Y Analysis (%), By End Use Industry , 2021-2031

Figure 17: Global Basalt Fibre Market Attractiveness Analysis, By End Use Industry, 2021-2031

Figure 18: Global Basalt Fibre Market Share Analysis (%), By Application Age Group, 2021 & 2031

Figure 19: Global Basalt Fibre Market Y-o-Y Analysis (%), By Application Age Group, 2021-2031

Figure 20: Global Basalt Fibre Market Attractiveness Analysis By Application Age Group, 2021-2031

Figure 21: Global Basalt Fibre Market Share Analysis (%), By Region, 2021 & 2031

Figure 22: Global Basalt Fibre Market Y-o-Y Analysis (%), By Region, 2021-2031

Figure 23: Global Basalt Fibre Market Attractiveness Analysis, By Region, 2021-2031

Figure 24: North America Basalt Fibre Market Value Share, By Type, 2021 (E)

Figure 25: North America Basalt Fibre Market Value Share, By Composite Processing Methods 2021 (E)

Figure 26: North America Basalt Fibre Market Value Share, By Form, 2021 (E)

Figure 27: North America Basalt Fibre Market Value Share, By Application, 2021 (E)

Figure 28: North America Basalt Fibre Market Value Share, By End Use Industry, 2021 (E)

Figure 29: North America Basalt Fibre Market Value Share, By Country, 2021 (E)

Figure 30: North America Basalt Fibre Market Value (US$ Mn) Analysis 2016-2020 and Forecast 2021-2031

Figure 31: North America Basalt Fibre Market Attractiveness Analysis By Type, 2021-2031

Figure 32: North America Basalt Fibre Market Attractiveness Analysis By Composite Processing Method, 2021-2031

Figure 33: North America Basalt Fibre Market Attractiveness Analysis By Form, 2021-2031

Figure 34: North America Basalt Fibre Market Attractiveness Analysis By Application, 2021-2031

Figure 35: North America Basalt Fibre Market Attractiveness Analysis By End Use Industry, 2021-2031

Figure 36: North America Basalt Fibre Market Attractiveness Analysis By Country, 2021-2031

Figure 37: Europe Basalt Fibre Market Value Share, By Type, 2021 (E)

Figure 38: Europe Basalt Fibre Market Value Share, By Composite Processing Methods 2021 (E)

Figure 39: Europe Basalt Fibre Market Value Share, By Form, 2021 (E)

Figure 40: Europe Basalt Fibre Market Value Share, By Application, 2021 (E)

Figure 41: Europe Basalt Fibre Market Value Share, By End Use Industry, 2021 (E)

Figure 42: Europe Basalt Fibre Market Value Share, By Country, 2021 (E)

Figure 43: Europe Basalt Fibre Market Value (US$ Mn) Analysis 2016-2020 and Forecast 2021-2031

Figure 44: Europe Basalt Fibre Market Attractiveness Analysis By Type, 2021-2031

Figure 45: Europe Basalt Fibre Market Attractiveness Analysis By Composite Processing Method, 2021-2031

Figure 46: Europe Basalt Fibre Market Attractiveness Analysis By Form, 2021-2031

Figure 47: Europe Basalt Fibre Market Attractiveness Analysis By Application, 2021-2031

Figure 48: Europe Basalt Fibre Market Attractiveness Analysis By Form, 2021-2031

Figure 49: Europe Basalt Fibre Market Attractiveness Analysis By Country, 2021-2031

Figure 50: Middle East and Africa Basalt Fibre Market Value Share, By Type, 2021 (E)

Figure 51: Middle East and Africa Basalt Fibre Market Value Share, By Composite Processing Method, 2021 (E)

Figure 52: Middle East and Africa Basalt Fibre Market Value Share, By Form, 2021 (E)

Figure 53: Middle East and Africa Basalt Fibre Market Value Share, By Application, 2021 (E)

Figure 54: Middle East and Africa Basalt Fibre Market Value Share, By End Use Industry, 2021 (E)

Figure 55: Middle East and Africa Basalt Fibre Market Value Share, By Country, 2021 (E)

Figure 56: Middle East and Africa Basalt Fibre Market Value (US$ Mn) Analysis 2016-2020 and Forecast 2021-2031

Figure 57: Middle East and Africa Basalt Fibre Market Attractiveness Analysis By Type, 2021-2031

Figure 58: Middle East and Africa Basalt Fibre Market Attractiveness Analysis By Composite Processing Method, 2021-2031

Figure 59: Middle East and Africa Basalt Fibre Market Attractiveness Analysis By Form, 2021-2031

Figure 60: Middle East and Africa Basalt Fibre Market Attractiveness Analysis By Application, 2021-2031

Figure 61: Middle East and Africa Basalt Fibre Market Attractiveness Analysis By End Use Industry, 2021-2031

Figure 62: Middle East and Africa Basalt Fibre Market Attractiveness Analysis By Country, 2021-2031

Figure 63: Rest of the World Basalt Fibre Market Value Share, By Type, 2021 (E)

Figure 64: Rest of the World Basalt Fibre Market Value Share, By Composite Processing Methods 2021 (E)

Figure 65: Rest of the World Basalt Fibre Market Value Share, By Form, 2021 (E)

Figure 66: Rest of the World Basalt Fibre Market Value Share, By Application, 2021 (E)

Figure 67: Rest of the World Basalt Fibre Market Value Share, By End Use Industry, 2021 (E)

Figure 68: Rest of the World Basalt Fibre Market Value (US$ Mn) Analysis 2016-2020 and Forecast 2021-2031

Figure 69: Rest of the World Basalt Fibre Market Attractiveness Analysis By Type, 2021-2031

Figure 70: Rest of the World Basalt Fibre Market Attractiveness Analysis By Composite Processing Method, 2021-2031

Figure 71: Rest of the World Basalt Fibre Market Attractiveness Analysis By Form, 2021-2031

Figure 72: Rest of the World Basalt Fibre Market Attractiveness Analysis By Application, 2021-2031

Figure 73: Rest of the World Basalt Fibre Market Attractiveness Analysis By End Use Industry, 2021-2031

Figure 74: U.S. Basalt Fibre Market Value Share, By Type, 2021 & 2031

Figure 75: U.S. Basalt Fibre Market Value Share, By Composite Processing Method, 2021 & 2031

Figure 76: U.S. Basalt Fibre Market Value Share, By Form, 2020 &2030

Figure 77: U.S. Basalt Fibre Market Value Share, By Application Age Group, 2021 & 2031

Figure 78: U.S. Basalt Fibre Market Value Share, By End Use Industry, 2021 & 2031

Figure 79: U.S. Basalt Fibre Market Value Analysis (US$ Mn), 2021 & 2031

Figure 80: Canada Basalt Fibre Market Value Share, By Type, 2021 & 2031

Figure 81: Canada Basalt Fibre Market Value Share, By Composite Processing Method, 2021 & 2031

Figure 82: Canada Basalt Fibre Market Value Share, By Form, 2021 & 2031

Figure 83: Canada Basalt Fibre Market Value Share, By Application Age Group, 2021 & 2031

Figure 84: Canada Basalt Fibre Market Value Share, By End Use Industry, 2021 & 2031

Figure 85: Canada Basalt Fibre Market Value Analysis (US$ Mn), 2021 & 2031

Figure 86: U.K. Basalt Fibre Market Value Share, By Type, 2021 & 2031

Figure 87: U.K. Basalt Fibre Market Value Share, By Composite Processing Method, 2021 & 2031

Figure 88: U.K. Basalt Fibre Market Value Share, By Form, 2021 & 2031

Figure 89: U.K. Basalt Fibre Market Value Share, By Application Age Group, 2021 & 2031

Figure 90: U.K. Basalt Fibre Market Value Share, By End Use Industry, 2021 & 2031

Figure 91: U.K. Basalt Fibre Market Value Analysis (US$ Mn), 2021 & 2031

Figure 92: Germany Basalt Fibre Market Value Share, By Type, 2021 & 2031

Figure 93: Germany Basalt Fibre Market Value Share, By Composite Processing Method, 2021 & 2031

Figure 94: Germany Basalt Fibre Market Value Share, By Form, 2021 & 2031

Figure 95: Germany Basalt Fibre Market Value Share, By Application Age Group, 2021 & 2031

Figure 96: Germany Basalt Fibre Market Value Share, By End Use Industry, 2021 & 2031

Figure 97: Germany Basalt Fibre Market Value Analysis (US$ Mn), 2021 & 2031

Figure 98: France Basalt Fibre Market Value Share, By Type, 2021 & 2031

Figure 99: France Basalt Fibre Market Value Share, By Composite Processing Method, 2021 & 2031

Figure 100: France Basalt Fibre Market Value Share, By Form, 2021 & 2031

Figure 101: France. Basalt Fibre Market Value Share, By Application Age Group, 2021 & 2031

Figure 102: France Basalt Fibre Market Value Share, By End Use Industry, 2021 & 2031

Figure 103: France Basalt Fibre Market Value Analysis (US$ Mn), 2021 & 2031

Figure 104: Italy Basalt Fibre Market Value Share, By Type, 2021 & 2031

Figure 105: Italy Basalt Fibre Market Value Share, By Composite Processing Method, 2021 & 2031

Figure 106: Italy Basalt Fibre Market Value Share, By Form, 2021 & 2031

Figure 107: Italy Basalt Fibre Market Value Share, By Application Age Group, 2021 & 2031

Figure 108: Italy Basalt Fibre Market Value Share, By End Use Industry, 2021 & 2031

Figure 109: Italy Basalt Fibre Market Value Analysis (US$ Mn), 2021 & 2031

Figure 110: Spain Basalt Fibre Market Value Share, By Type, 2021 & 2031

Figure 111: Spain Basalt Fibre Market Value Share, By Composite Processing Method, 2021 & 2031

Figure 112: Spain Basalt Fibre Market Value Share, By Form, 2021 & 2031

Figure 113: Spain Basalt Fibre Market Value Share, By Application Age Group, 2021 & 2031

Figure 114: Spain Basalt Fibre Market Value Share, By End Use Industry, 2021 & 2031

Figure 115: Spain Basalt Fibre Market Value Analysis (US$ Mn), 2021 & 2031

Figure 116: GCC Countries. Basalt Fibre Market Value Share, By Type, 2021 & 2031

Figure 117: GCC Countries Basalt Fibre Market Value Share, By Composite Processing Method, 2021 & 2031

Figure 118: GCC Countries Basalt Fibre Market Value Share, By Form, 2021 & 2031

Figure 119: GCC Countries Basalt Fibre Market Value Share, By Application, 2021 & 2031

Figure 120: GCC Countries Basalt Fibre Market Value Share, By End Use Industry, 2021 & 2031

Figure 121: GCC Countries Basalt Fibre Market Value Analysis (US$ Mn), 2021 & 2031

Figure 122: South Africa Basalt Fibre Market Value Share, By Type, 2021 & 2031

Figure 123: South Africa Basalt Fibre Market Value Share, By Composite Processing Method, 2021 & 2031

Figure 124: South Africa Basalt Fibre Market Value Share, By Form, 2021 & 2031

Figure 125: South Africa Basalt Fibre Market Value Share, By Application Age Group, 2021 & 2031

Figure 126: South Africa Basalt Fibre Market Value Share, By End Use Industry, 2021 & 2031

Figure 127: South Africa Basalt Fibre Market Value Analysis (US$ Mn), 2021 & 2031

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