is a comparatively new arrival to fiber reinforced polymers (FRPs) and structural composites. It has almost similar chemical composition as glass fiber but has improved strength characteristics, and contrasting most glass fibers it is highly resistant to acidic, alkaline and salt attack making it a good contender for concrete, bridge and shoreline structures. Basalt fiber ranks somewhere between E-glass and high-strength glass in terms of tensile strength, and almost similar to high-strength glass with regards to tensile modulus. Moreover, the basalt fiber is ecofriendly and recyclable.
Basalt fibers are widely used in the construction industry on account of its resistance to chemicals and varying temperatures, durability, high mechanical strength and low water absorption. These fibers are significantly cheaper as compared to carbon fibers and are used as fire proof textiles in the automotive and aerospace industry. Environmental friendly and it can be recyclable, which are the drivers of the market. Basalt fibers are ideally suited for demanding applications requiring high temperatures, chemical resistance, mechanical strength, durability and low water absorption.The global market for basalt fiber market
was estimated to be $XX billion in 2015. The global market for basalt fiber market is estimated to grow at a CAGR of XX% and is forecast to reach $XX billion by 2021. Americas and Europe together are estimated to occupy a share of more than XX% in 2015.
Americas and Europe dominates the basalt fiber market. APAC is anticipated to be the fastest growing market on account of rapidly expanding end-use industries including construction, automotive, aerospace, and electrical & electronics. Additionally, growing population, rapid urbanization and change in consumer preference are anticipated to boost construction industry especially in emerging economies of China and India. America’s basalt fiber market accounts to XX% of the global market.The key players in the basalt fibers market includes:
- Basaltex (Belgium)
- Kamenny Vek (Russia)
- Zhejiang GBF Basalt Fiber Co., Ltd (China)
- Technobasalt (U.S.)
- Mineral 7 (Ukraine) among many others.
1. Basalt Fiber Market Overview
2. Executive Summary
3. Basalt Fiber Market Landscape
3.1. Market Share Analysis
3.2. Comparative Analysis
3.2.1. Product Benchmarking
3.2.2. End user Profiling
3.2.3. Top 5 Financials Analysis4. Basalt Fiber Market Forces
4.1. Market Drivers
4.2. Market Constraints & Challenges
4.3. Attractiveness of the Basalt Fiber Market
4.3.1. Power of Suppliers
4.3.2. Threats From New Entrants
4.3.3. Power of Buyer
4.3.4. Threat From Substitute Product
4.3.5. Degree of Competition5. Basalt Fiber Market -Strategic Analysis
5.1. Basalt Fiber Market - Value Chain Analysis
5.2. Pricing Analysis
5.3. Opportunity Analysis
5.4. Product Life Cycle
5.5. Suppliers and Distributors
5.6. SWOT Analysis6. Basalt Fiber Market - By Type
6.2. Non Composites7. Basalt Fiber Market-By Application
7.4. Building and Construction
7.5. Electrical and Electronics
7.6. Sporting Goods
7.7. Boat Building
7.8. Wind Turbine Blades
7.11. Others8. Basalt Fiber Market -By Geography
8.3.2. South Korea
8.4. Rest of The World (RoW)9. Basalt Fiber Market Entropy
9.1. New Product Developments
9.2. Mergers and Acquisitions10. Company Profiles
10.1. Basaltex NV
10.2. Durason Filtech Co,.Ltd
10.3. EcoBasalt Ltd.
10.4. Kamenny VEK
10.5. Lafarge Corp.
10.6. Mafic SA
10.7. Pierret Industries
10.8. Pioneer Electronics USA, Inc.
10.9. Shanghai Sffiltech Co., Ltd.
10.10. Shanxi Basalt Fiber Technology Co. Td
10.11. Sudaglass Basalt Fiber Technology
10.12. Technobasalt-Invest LLC
10.13. Wellco - Model FRP - Fiberglass Rebar
10.14. Zhejaing GBF Basalt Fiber Co.
10.15. Zhejiang Heading Filter Material Co.,Ltd
10.16. Asamer Balastic Fibers GmbH
10.17. Composites One
10.18. Engineered Fibers Technology LLC
10.19. Polymer Technologies Pte. Ltd*More than 40 Companies are profiled in this Research Report, Complete List available on Request*
"*Financials would be provided on a best efforts basis for private companies"
11.1. List of Abbreviations
11.3. Research Methodology
11.4. Expert Insights