Market Size in 2023 | Market Forecast in 2032 | CAGR (in %) | Base Year |
---|---|---|---|
USD 254.38 Million | USD 676.48 Million | 11.48% | 2023 |
List of Figures
FIG NO. 1. Market Attractiveness Analysis, By Application
FIG NO. 4. Market Attractiveness Analysis, By Region
FIG NO. 3. Global Continuous Basalt Fiber Market Revenue, 2016 – 2028 (USD Million)
FIG NO. 4. Impact of COVID-19 Pandemic in North America Countries
FIG NO. 5. Market Revenue Share, By Application, 2020 & 2028
FIG NO. 6. Global Continuous Basalt Fiber Market for Molded Materials, Revenue (USD Million) 2016 – 2028
FIG NO. 7. Comparative Revenue Analysis of Continuous Basalt Fiber Market for Molded Materials, By Country, 2020 & 2028
FIG NO. 8. Global Continuous Basalt Fiber Market for Transportation, Revenue (USD Million) 2016 – 2028
FIG NO. 9. Comparative Revenue Analysis of Continuous Basalt Fiber Market for Transportation, By Country, 2020 & 2028
FIG NO. 10. Global Continuous Basalt Fiber Market for Electronics, Revenue (USD Million) 2016 – 2028
FIG NO. 11. Comparative Revenue Analysis of Continuous Basalt Fiber Market for Electronics, By Country, 2020 & 2028
FIG NO. 12. Global Continuous Basalt Fiber Market for Building & Construction, Revenue (USD Million) 2016 – 2028
FIG NO. 13. Comparative Revenue Analysis of Continuous Basalt Fiber Market for Building & Construction, By Country, 2020 & 2028
FIG NO. 14. Global Continuous Basalt Fiber Market for others, Revenue (USD Million) 2016 – 2028
FIG NO. 15. Comparative Revenue Analysis of Continuous Basalt Fiber Market for others, By Country, 2020 & 2028
FIG NO. 16. Global Continuous Basalt Fiber Market Revenue Share, By Region, 2020 & 2028
FIG NO. 17. North America Continuous Basalt Fiber Market Revenue, 2016 - 2028 (USD Million)
FIG NO. 18. Porter’s Five Forces Analysis for Global Continuous Basalt Fiber Market
FIG NO. 19. PEST Analysis for Global Continuous Basalt Fiber Market
FIG NO. 20. Pricing Analysis for Global Continuous Basalt Fiber Market
FIG NO. 21. Value Chain Analysis for Global Continuous Basalt Fiber Market
FIG NO. 22. Company Share Analysis, 2019
FIG NO. 23. Radar Determinant Chart, 2019
FIG NO. 24. Company Strategic Developments – Heat Map Analysis
FIG NO. 47. Zhejiang GBF Basalt Fiber Co., LTD Business Segment Revenue Share, 2020 (%)
FIG NO. 25. Zhejiang GBF Basalt Fiber Co., LTD Geographical Segment Revenue Share, 2020 (%)
FIG NO. 26. Market Channels
FIG NO. 27. Marketing Channel Development Trend
FIG NO. 28. Growth in World Gross Product, 2008-2018
FIG NO. 29. Research Methodology – Detailed View
FIG NO. 30. Research Methodology
List of Tables
TABLE NO. 1. Global Continuous Basalt Fiber Market: Snapshot
TABLE NO. 2. Quarterly Continuous Basalt Fiber Market Revenue by Region, 2020
TABLE NO. 3. Quarterly Continuous Basalt Fiber Market Revenue Forecast by Region, 2021
TABLE NO. 4. Pre COVID-19 Market Revenue, By Region, 2016-2019 (USD Million)
TABLE NO. 5. Post COVID-19 Market Revenue, By Region, 2020-2028 (USD Million)
TABLE NO. 6. Global Continuous Basalt Fiber Market for Molded Materials, by Region, 2016 – 2028 (USD Million)
TABLE NO. 7. Global Continuous Basalt Fiber Market for Transportation, by Region, 2016 – 2028 (USD Million)
TABLE NO. 8. Global Continuous Basalt Fiber Market for Electronics, by Region, 2016 – 2028 (USD Million)
TABLE NO. 9. Global Continuous Basalt Fiber Market for Building and Construction, by Region, 2016 – 2028 (USD Million)
TABLE NO. 10. Global Continuous Basalt Fiber Market for others, by Region, 2016 – 2028 (USD Million)
TABLE NO. 11. Global Continuous Basalt Fiber Market Revenue, By Region, 2016 – 2028 (USD Million)
TABLE NO. 12. North America Continuous Basalt Fiber Market Revenue, By Country, 2016 – 2028 (USD Million)
TABLE NO. 13. North America Continuous Basalt Fiber Market Revenue, By Application, 2016 – 2028 (USD Million)
TABLE NO. 14. U.S. Continuous Basalt Fiber Market Revenue, By Application, 2016 – 2028 (USD Million)
TABLE NO. 15. Canada Continuous Basalt Fiber Market Revenue, By Application, 2016 – 2028 (USD Million)
TABLE NO. 16. Mexico Continuous Basalt Fiber Market Revenue, By Application, 2016 – 2028 (USD Million)
TABLE NO. 17. Drivers for the Continuous Basalt Fiber Market: Impact Analysis
TABLE NO. 18. Restraints for the Continuous Basalt Fiber Market: Impact Analysis
TABLE NO. 19. Major Buyers of Continuous Basalt Fiber
TABLE NO. 20. Distributors/Traders List of Continuous Basalt Fiber
TABLE NO. 21. Global Continuous Basalt Fiber Market, Company Market Revenue, 2016 – 2019 (USD Million)
TABLE NO. 22. Global Continuous Basalt Fiber Market, Company Y-o-Y Growth, 2017 – 2019 (USD Million)
FrequentlyAsked Questions
The global continuous basalt fiber market was valued at USD 254.38 Million in 2023.
The global continuous basalt fiber market is expected to reach USD 676.48 Million by 2032, growing at a CAGR of 11.48% from 2024 to 2032.
Increasing demand for high strength and durable materials from industries like construction, building, and composite has driven the adoption of innovative materials. There has been increasing demand for chemical and temperature resistant fibers for producing sound and heat isolation materials and fire-resistant materials. Growing construction industry worldwide owing to rising investment in infrastructure and commercial and industrial construction activities in urban areas has bolstered the demand for continuous basalt fiber market growth.
The Asia Pacific region dominated the global continuous basalt fiber market in 2024, accounting for a market share of 55%. Rising urbanization in developing countries such as India and China proliferated the demand for construction materials in the region. This growth in the demand for construction materials should propel market growth. Moreover, rising investment in developing infrastructure and facilities have also driven the demand for reinforcement materials and geotextiles. This growth in the consumption of reinforcement materials and geotextiles is likely to contribute to the market growth.
Some of key players in continuous basalt fiber market are Zhejiang GBF Basalt Fiber Co., LTD, Sudaglass and Basaltex NV., Technobasalt Invest LLC, Mudanjiang Jinshi Basalt Fiber Co., Ltd., Kamenny Vek, Ltd, Shanxi Basalt Fibre Technology Co., Ltd, Yingkou Hongyuan Fiberglass Technology Co., Mafic SA, and Technobasalt Invest LLC.
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