Basalt Fiber Market Development, Trends, Demand and Forecast Till 2025

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 According to the IMARC Group Basalt fiber is a form of fiber-reinforced polymer produced using extremely fine fibers of basalt and minerals, including pyroxene, plagioclase and olivine. It is generally processed through pultrusion, prepreg process, compression/resin molding and vacuum infusion to procure continuous or discrete basalt fiber. These fibers are used to manufacture fireproof automobile and aerospace textiles, filament winding of pipes, tanks and cylinders, geogrids, tunnels and refractory bricks. Compared to the conventionally used glass-fiber, basalt fiber offers superior thermal protection, enhanced durability, better resistance to chemicals and ultraviolet rays, and high adhesive capabilities.

The global basalt fiber market is primarily driven by rapid industrialization along with increasing infrastructural developments. Furthermore, owing to its high cost-effectiveness and non-corrosive properties, basalt fiber is extensively used for both commercial and residential constructions. Moreover, basalt fiber is widely adopted as a substitute for steel and other fiber reinforcements to manufacture lightweight automobile and aircraft components, thereby further catalyzing the market. Additionally, due to the rising environmental concerns, there is an increasing preference for recyclable and eco-friendly basalt fiber, which is positively influencing the market. Other factors, such as the implementation of stringent government policies to lower carbon emissions, and extensive R&D activities, are further expected to propel the market for basal fiber.


Request for a free sample copy of this report: https://www.imarcgroup.com/basalt-fiber-market/requestsample

Key Market Segmentation:

IMARC Group provides an analysis of the key trends in each sub-segment of the global basalt fiber market report, along with forecasts for growth at the global, regional and country level from 2020-2025. Our report has categorized the market based on region, product, type, form, method and end use industry.

Browse full report with detailed TOC and list of figures and tables: https://www.imarcgroup.com/basalt-fiber-market

Breakup by Product:

  • Rebar
  • Fabric
  • Roving
  • Chopped Strands
  • Mesh and Grids
  • Others

Breakup by Type:

  • Composites
  • Non-Composites

Breakup by Form:

  • Continuous
  • Discrete

Breakup by Method:

  • Pultrusion
  • Prepregs
  • Compression Moulding
  • Hand Layup
  • Resin Moulding
  • Vacuum Infusion
  • Spray Gun
  • Filament Winding
  • Others

Breakup by End Use Industry:

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

Breakup by Region:

  • North America
    • United States
    • Canada
  • Asia Pacific
    • China
    • Japan
    • India
    • South Korea
    • Australia
    • Indonesia
    • Others
  • Europe
    • Germany
    • France
    • United Kingdom
    • Italy
    • Spain
    • Russia
    • Others
  • Latin America
    • Brazil
    • Mexico
    • Others
  • Middle East and Africa

Competitive Landscape:

The report has also analysed the competitive landscape of the market with some of the key players being ASA.TEC GmbH, Basaltex NV, INCOTELOGY GmbH, Isomatex, Kamenny Vek, Mafic, Shanxi Basalt Fiber Technology Co. Ltd, sjn AG Suchmaschine der Technik, Sudaglass Fiber Technology, Technobasalt-Invest LLC and Zhejiang Hengdian Imp.&Exp. Co. Ltd.

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