PUBLISHER: TechNavio | PRODUCT CODE: 1915547
PUBLISHER: TechNavio | PRODUCT CODE: 1915547
Global Basalt Fiber Market 2025-2029
The global basalt fiber market is forecasted to grow by USD 336.6 mn during 2024-2029, accelerating at a CAGR of 13.4% during the forecast period. The report on the global basalt fiber market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by increase in renewable energy projects, rising use of sustainable and eco-friendly materials, lightweight and high-strength properties of basalt fiber.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market size data, segment with regional analysis and vendor landscape in addition to an analysis of the key companies. Reports have historic and forecast data.
| Market Scope | |
|---|---|
| Base Year | 2025 |
| End Year | 2029 |
| Series Year | 2025-2029 |
| Growth Momentum | Accelerate |
| YOY 2025 | 12.8% |
| CAGR | 13.4% |
| Incremental Value | $336.6 mn |
Technavio's global basalt fiber market is segmented as below:
By Application
- Composites
- Non-composites
By End-User
- Construction and infrastructure
- Automotive and transportation
- Wind energy
- Others
By Form Factor
- Continuous basalt fiber
- Discrete basalt fiber
Geography
- APAC
- China
- Japan
- India
- South Korea
- Australia
- Indonesia
- North America
- US
- Canada
- Mexico
- Europe
- Germany
- France
- UK
- Italy
- The Netherlands
- Spain
- South America
- Brazil
- Argentina
- Colombia
- Middle East and Africa
- UAE
- South Africa
- Turkey
- Rest of World (ROW)
This study identifies the increasing demand for sustainable building and construction materials as one of the prime reasons driving the global basalt fiber market growth during the next few years. Also, growing adoption of basalt fiber in automotive industry and innovation in basalt fiber manufacturing will lead to sizable demand in the market.
The report on the global basalt fiber market covers the following areas:
- Global basalt fiber market sizing
- Global basalt fiber market forecast
- Global basalt fiber market industry analysis
The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading global basalt fiber market vendors that include Basalt Engineering LLC, Basalt Fiber Tech, BFMTD Co. Ltd., Deutsche Basalt Faser GmbH, Fiberbas Construction and Building Tech, Final Advanced Materials Sarl, Funique Composites Pvt. Ltd., Galen LLC, HG GBF Basalt Fiber Co. Ltd., Jianfeng Chemical Co. Ltd., Jumeisheng Co. Ltd., Kamenny Vek, Kodiak Fiberglass Rebar, Lavaintel, Sudaglass Fiber Technology Inc., SWICOFIL AG, Technobasalt LLC, TLCBF High tech Co. Ltd.. Also, the global basalt fiber market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.
The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive primary and secondary research. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast accurate market growth.
Table of Contents
1 Executive Summary
- 1.1 Market overview
- Executive Summary - Chart on Market Overview
- Executive Summary - Data Table on Market Overview
- Executive Summary - Chart on Global Market Characteristics
- Executive Summary - Chart on Market by Geography
- Executive Summary - Chart on Market Segmentation by Application
- Executive Summary - Chart on Market Segmentation by End-user
- Executive Summary - Chart on Market Segmentation by Form Factor
- Executive Summary - Chart on Incremental Growth
- Executive Summary - Data Table on Incremental Growth
- Executive Summary - Chart on Company Market Positioning
2 Technavio Analysis
- 2.1 Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria
- Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria
- 2.2 Criticality of inputs and Factors of differentiation
- 2.3 Factors of disruption
- 2.4 Impact of drivers and challenges
3 Market Landscape
- 3.1 Market ecosystem
- 3.2 Market characteristics
- 3.3 Value chain analysis
4 Market Sizing
- 4.1 Market definition
- 4.2 Market segment analysis
- Market segments
- 4.3 Market size 2024
- 4.4 Market outlook: Forecast for 2024-2029
5 Historic Market Size
- 5.1 Global Basalt Fiber Market 2019 - 2023
- Historic Market Size - Data Table on Global Basalt Fiber Market 2019 - 2023 ($ million)
- 5.2 Application segment analysis 2019 - 2023
- Historic Market Size - Application Segment 2019 - 2023 ($ million)
- 5.3 End-user segment analysis 2019 - 2023
- Historic Market Size - End-user Segment 2019 - 2023 ($ million)
- 5.4 Form Factor segment analysis 2019 - 2023
- Historic Market Size - Form Factor Segment 2019 - 2023 ($ million)
- 5.5 Geography segment analysis 2019 - 2023
- Historic Market Size - Geography Segment 2019 - 2023 ($ million)
- 5.6 Country segment analysis 2019 - 2023
- Historic Market Size - Country Segment 2019 - 2023 ($ million)
6 Qualitative Analysis
- 6.1 Impact of AI in the global basalt fiber market
7 Five Forces Analysis
- 7.1 Five forces summary
- Five forces analysis - Comparison between 2024 and 2029
- 7.2 Bargaining power of buyers
- Bargaining power of buyers - Impact of key factors 2024 and 2029
- 7.3 Bargaining power of suppliers
- Bargaining power of suppliers - Impact of key factors in 2024 and 2029
- 7.4 Threat of new entrants
- Threat of new entrants - Impact of key factors in 2024 and 2029
- 7.5 Threat of substitutes
- Threat of substitutes - Impact of key factors in 2024 and 2029
- 7.6 Threat of rivalry
- Threat of rivalry - Impact of key factors in 2024 and 2029
- 7.7 Market condition
8 Market Segmentation by Application
- 8.1 Market segments
- 8.2 Comparison by Application
- 8.3 Composites - Market size and forecast 2024-2029
- 8.4 Non-composites - Market size and forecast 2024-2029
- 8.5 Market opportunity by Application
- Market opportunity by Application ($ million)
9 Market Segmentation by End-user
- 9.1 Market segments
- 9.2 Comparison by End-user
- 9.3 Construction and infrastructure - Market size and forecast 2024-2029
- 9.4 Automotive and transportation - Market size and forecast 2024-2029
- 9.5 Wind energy - Market size and forecast 2024-2029
- 9.6 Others - Market size and forecast 2024-2029
- 9.7 Market opportunity by End-user
- Market opportunity by End-user ($ million)
10 Market Segmentation by Form Factor
- 10.1 Market segments
- 10.2 Comparison by Form Factor
- 10.3 Continuous basalt fiber - Market size and forecast 2024-2029
- 10.4 Discrete basalt fiber - Market size and forecast 2024-2029
- 10.5 Market opportunity by Form Factor
- Market opportunity by Form Factor ($ million)
11 Customer Landscape
- 11.1 Customer landscape overview
- Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria
12 Geographic Landscape
- 12.1 Geographic segmentation
- 12.2 Geographic comparison
- 12.3 APAC - Market size and forecast 2024-2029
- 12.3.1 China - Market size and forecast 2024-2029
- 12.3.2 Japan - Market size and forecast 2024-2029
- 12.3.3 India - Market size and forecast 2024-2029
- 12.3.4 South Korea - Market size and forecast 2024-2029
- 12.3.5 Australia - Market size and forecast 2024-2029
- 12.3.6 Indonesia - Market size and forecast 2024-2029
- 12.4 North America - Market size and forecast 2024-2029
- 12.4.1 US - Market size and forecast 2024-2029
- 12.4.2 Canada - Market size and forecast 2024-2029
- 12.4.3 Mexico - Market size and forecast 2024-2029
- 12.5 Europe - Market size and forecast 2024-2029
- 12.5.1 Germany - Market size and forecast 2024-2029
- 12.5.2 France - Market size and forecast 2024-2029
- 12.5.3 UK - Market size and forecast 2024-2029
- 12.5.4 Italy - Market size and forecast 2024-2029
- 12.5.5 The Netherlands - Market size and forecast 2024-2029
- 12.5.6 Spain - Market size and forecast 2024-2029
- 12.6 South America - Market size and forecast 2024-2029
- 12.6.1 Brazil - Market size and forecast 2024-2029
- 12.6.2 Argentina - Market size and forecast 2024-2029
- 12.6.3 Colombia - Market size and forecast 2024-2029
- 12.7 Middle East and Africa - Market size and forecast 2024-2029
- 12.7.1 Saudi Arabia - Market size and forecast 2024-2029
- 12.7.2 UAE - Market size and forecast 2024-2029
- 12.7.3 South Africa - Market size and forecast 2024-2029
- 12.7.4 Israel - Market size and forecast 2024-2029
- 12.7.5 Turkey - Market size and forecast 2024-2029
- 12.8 Market opportunity by geography
- Market opportunity by geography ($ million)
- Data Tables on Market opportunity by geography ($ million)
13 Drivers, Challenges, and Opportunity
- 13.1 Market drivers
- Increase in renewable energy projects
- Rising use of sustainable and eco-friendly materials
- Lightweight and high-strength properties of basalt fiber
- 13.2 Market challenges
- Poor availability of raw materials
- Inconsistency in basalt fiber quality
- Intricate manufacturing process of basalt fibers
- 13.3 Impact of drivers and challenges
- Impact of drivers and challenges in 2024 and 2029
- 13.4 Market opportunities
- Increasing demand for sustainable building and construction materials
- Growing adoption of basalt fiber in automotive industry
- Innovation in basalt fiber manufacturing
14 Competitive Landscape
- 14.1 Overview
- 14.2 Competitive Landscape
- Overview on criticality of inputs and factors of differentiation
- 14.3 Landscape disruption
- Overview on factors of disruption
- 14.4 Industry risks
- Impact of key risks on business
15 Competitive Analysis
- 15.1 Companies profiled
- Companies covered
- 15.2 Company ranking index
- Company ranking index
- 15.3 Market positioning of companies
- Matrix on companies position and classification
- 15.4 Basalt Engineering LLC
- Basalt Engineering LLC - Overview
- Basalt Engineering LLC - Product / Service
- Basalt Engineering LLC - Key offerings
- SWOT
- 15.5 Basalt Fiber Tech
- Basalt Fiber Tech - Overview
- Basalt Fiber Tech - Product / Service
- Basalt Fiber Tech - Key offerings
- SWOT
- 15.6 BFMTD Co. Ltd.
- BFMTD Co. Ltd. - Overview
- BFMTD Co. Ltd. - Product / Service
- BFMTD Co. Ltd. - Key offerings
- SWOT
- 15.7 Deutsche Basalt Faser GmbH
- Deutsche Basalt Faser GmbH - Overview
- Deutsche Basalt Faser GmbH - Product / Service
- Deutsche Basalt Faser GmbH - Key offerings
- SWOT
- 15.8 Fiberbas Construction and Building Tech
- Fiberbas Construction and Building Tech - Overview
- Fiberbas Construction and Building Tech - Product / Service
- Fiberbas Construction and Building Tech - Key offerings
- SWOT
- 15.9 Final Advanced Materials Sarl
- Final Advanced Materials Sarl - Overview
- Final Advanced Materials Sarl - Product / Service
- Final Advanced Materials Sarl - Key offerings
- SWOT
- 15.10 HG GBF Basalt Fiber Co. Ltd.
- HG GBF Basalt Fiber Co. Ltd. - Overview
- HG GBF Basalt Fiber Co. Ltd. - Product / Service
- HG GBF Basalt Fiber Co. Ltd. - Key offerings
- SWOT
- 15.11 Jianfeng Chemical Co. Ltd.
- Jianfeng Chemical Co. Ltd. - Overview
- Jianfeng Chemical Co. Ltd. - Product / Service
- Jianfeng Chemical Co. Ltd. - Key offerings
- SWOT
- 15.12 Jumeisheng Co. Ltd.
- Jumeisheng Co. Ltd. - Overview
- Jumeisheng Co. Ltd. - Product / Service
- Jumeisheng Co. Ltd. - Key offerings
- SWOT
- 15.13 Kamenny Vek
- Kamenny Vek - Overview
- Kamenny Vek - Product / Service
- Kamenny Vek - Key offerings
- SWOT
- 15.14 Kodiak Fiberglass Rebar
- Kodiak Fiberglass Rebar - Overview
- Kodiak Fiberglass Rebar - Product / Service
- Kodiak Fiberglass Rebar - Key offerings
- SWOT
- 15.15 Lavaintel
- Lavaintel - Overview
- Lavaintel - Product / Service
- Lavaintel - Key offerings
- SWOT
- 15.16 SWICOFIL AG
- SWICOFIL AG - Overview
- SWICOFIL AG - Product / Service
- SWICOFIL AG - Key offerings
- SWOT
- 15.17 Technobasalt LLC
- Technobasalt LLC - Overview
- Technobasalt LLC - Product / Service
- Technobasalt LLC - Key offerings
- SWOT
- 15.18 TLCBF High tech Co. Ltd.
- TLCBF High tech Co. Ltd. - Overview
- TLCBF High tech Co. Ltd. - Product / Service
- TLCBF High tech Co. Ltd. - Key offerings
- SWOT
16 Appendix
- 16.1 Scope of the report
- Market definition
- Objectives
- Notes and caveats
- 16.2 Inclusions and exclusions checklist
- Inclusions checklist
- Exclusions checklist
- 16.3 Currency conversion rates for US$
- Currency conversion rates for US$
- 16.4 Research methodology
- Research methodology
- 16.5 Data procurement
- Information sources
- 16.6 Data validation
- Data validation
- 16.7 Validation techniques employed for market sizing
- Validation techniques employed for market sizing
- 16.8 Data synthesis
- Data synthesis
- 16.9 360 degree market analysis
- 360 degree market analysis
- 16.10 List of abbreviations
- List of abbreviations
