PUBLISHER: TechNavio | PRODUCT CODE: 1916085
PUBLISHER: TechNavio | PRODUCT CODE: 1916085
Global Basalt Rock Market 2025-2029
The global basalt rock market is forecasted to grow by USD 788.9 mn during 2024-2029, accelerating at a CAGR of 7.0% during the forecast period. The report on the global basalt rock 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 sustained growth in global infrastructure and construction activity, increasing adoption of basalt fiber in high-performance composite applications, escalating investments in transportation modernization and expansion.
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 | 6.5% |
| CAGR | 7% |
| Incremental Value | $788.9 mn |
Technavio's global basalt rock market is segmented as below:
By Type
- Natural basalt
- Synthetic basalt
By End-User
- Building and construction
- Infrastructure
- Automotive and transportation
- Aerospace and defense
- Others
By Product Type
- Basalt fiber
- Basalt aggregates
- Basalt tiles or slabs
- Others
Geography
- APAC
- China
- India
- Japan
- South Korea
- Australia
- Indonesia
- Europe
- Germany
- France
- UK
- Italy
- Spain
- The Netherlands
- North America
- US
- Canada
- Mexico
- South America
- Brazil
- Argentina
- Chile
- Middle East and Africa
- Turkey
- South Africa
- UAE
- Egypt
- Rest of World (ROW)
This study identifies the growing emphasis on sustainability and circular economy as one of the prime reasons driving the global basalt rock market growth during the next few years. Also, rise of hybrid composites and advanced material formulations and integration of digital technologies and automation in production will lead to sizable demand in the market.
The report on the global basalt rock market covers the following areas:
- Global basalt rock market sizing
- Global basalt rock market forecast
- Global basalt rock 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 rock market vendors that include Albarrie Canada Ltd., Arab Basalt Fiber, Aravali India Marbles, Basalt Engineering LLC, Basalt Fiber Tech, Basalt International, BASALTEX NV, BASFIBER TRADE LLC, Deutsche Basalt Faser GmbH, ISOMATEX SA, Jilin Tongxin Basalt, Jumeisheng Co. Ltd., Kamenny Vek, ROCKWOOL AS, Sudaglass Fiber Technology Inc., Technobasalt LLC, Zhejiang GBF Basalt Fiber. Also, the global basalt rock 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 Type
- Executive Summary - Chart on Market Segmentation by End-user
- Executive Summary - Chart on Market Segmentation by Product Type
- 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 Rock Market 2019 - 2023
- Historic Market Size - Data Table on Global Basalt Rock Market 2019 - 2023 ($ million)
- 5.2 Type segment analysis 2019 - 2023
- Historic Market Size - Type Segment 2019 - 2023 ($ million)
- 5.3 End-user segment analysis 2019 - 2023
- Historic Market Size - End-user Segment 2019 - 2023 ($ million)
- 5.4 Product Type segment analysis 2019 - 2023
- Historic Market Size - Product Type 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 The AI impact on global basalt rock 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 Type
- 8.1 Market segments
- 8.2 Comparison by Type
- 8.3 Natural basalt - Market size and forecast 2024-2029
- 8.4 Synthetic basalt - Market size and forecast 2024-2029
- 8.5 Market opportunity by Type
- Market opportunity by Type ($ million)
9 Market Segmentation by End-user
- 9.1 Market segments
- 9.2 Comparison by End-user
- 9.3 Building and construction - Market size and forecast 2024-2029
- 9.4 Infrastructure - Market size and forecast 2024-2029
- 9.5 Automotive and transportation - Market size and forecast 2024-2029
- 9.6 Aerospace and defense - Market size and forecast 2024-2029
- 9.7 Others - Market size and forecast 2024-2029
- 9.8 Market opportunity by End-user
- Market opportunity by End-user ($ million)
10 Market Segmentation by Product Type
- 10.1 Market segments
- 10.2 Comparison by Product Type
- 10.3 Basalt fiber - Market size and forecast 2024-2029
- 10.4 Basalt aggregates - Market size and forecast 2024-2029
- 10.5 Basalt tiles or slabs - Market size and forecast 2024-2029
- 10.6 Others - Market size and forecast 2024-2029
- 10.7 Market opportunity by Product Type
- Market opportunity by Product Type ($ 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 India - Market size and forecast 2024-2029
- 12.3.3 Japan - 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 Europe - Market size and forecast 2024-2029
- 12.4.1 Germany - Market size and forecast 2024-2029
- 12.4.2 France - Market size and forecast 2024-2029
- 12.4.3 UK - Market size and forecast 2024-2029
- 12.4.4 Italy - Market size and forecast 2024-2029
- 12.4.5 Spain - Market size and forecast 2024-2029
- 12.4.6 The Netherlands - Market size and forecast 2024-2029
- 12.5 North America - Market size and forecast 2024-2029
- 12.5.1 US - Market size and forecast 2024-2029
- 12.5.2 Canada - Market size and forecast 2024-2029
- 12.5.3 Mexico - 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 Chile - Market size and forecast 2024-2029
- 12.7 Middle East and Africa - Market size and forecast 2024-2029
- 12.7.1 Turkey - Market size and forecast 2024-2029
- 12.7.2 Saudi Arabia - Market size and forecast 2024-2029
- 12.7.3 South Africa - Market size and forecast 2024-2029
- 12.7.4 UAE - Market size and forecast 2024-2029
- 12.7.5 Egypt - 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
- Sustained growth in global infrastructure and construction activity
- Increasing adoption of basalt fiber in high-performance composite applications
- Escalating investments in transportation modernization and expansion
- 13.2 Market challenges
- High logistics costs and intrinsic regional market fragmentation
- Stringent environmental regulations and complex permitting processes
- High capital investment and technological barriers in value-added production
- 13.3 Impact of drivers and challenges
- Impact of drivers and challenges in 2024 and 2029
- 13.4 Market opportunities
- Growing emphasis on sustainability and circular economy
- Rise of hybrid composites and advanced material formulations
- Integration of digital technologies and automation in production
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 Albarrie Canada Ltd.
- Albarrie Canada Ltd. - Overview
- Albarrie Canada Ltd. - Product / Service
- Albarrie Canada Ltd. - Key offerings
- SWOT
- 15.5 Arab Basalt Fiber
- Arab Basalt Fiber - Overview
- Arab Basalt Fiber - Product / Service
- Arab Basalt Fiber - Key offerings
- SWOT
- 15.6 Aravali India Marbles
- Aravali India Marbles - Overview
- Aravali India Marbles - Product / Service
- Aravali India Marbles - Key offerings
- SWOT
- 15.7 Basalt Engineering LLC
- Basalt Engineering LLC - Overview
- Basalt Engineering LLC - Product / Service
- Basalt Engineering LLC - Key offerings
- SWOT
- 15.8 Basalt Fiber Tech
- Basalt Fiber Tech - Overview
- Basalt Fiber Tech - Product / Service
- Basalt Fiber Tech - Key offerings
- SWOT
- 15.9 BASALTEX NV
- BASALTEX NV - Overview
- BASALTEX NV - Product / Service
- BASALTEX NV - Key offerings
- SWOT
- 15.10 BASFIBER TRADE LLC
- BASFIBER TRADE LLC - Overview
- BASFIBER TRADE LLC - Product / Service
- BASFIBER TRADE LLC - Key offerings
- SWOT
- 15.11 Deutsche Basalt Faser GmbH
- Deutsche Basalt Faser GmbH - Overview
- Deutsche Basalt Faser GmbH - Product / Service
- Deutsche Basalt Faser GmbH - Key offerings
- SWOT
- 15.12 ISOMATEX SA
- ISOMATEX SA - Overview
- ISOMATEX SA - Product / Service
- ISOMATEX SA - Key offerings
- SWOT
- 15.13 Jumeisheng Co. Ltd.
- Jumeisheng Co. Ltd. - Overview
- Jumeisheng Co. Ltd. - Product / Service
- Jumeisheng Co. Ltd. - Key offerings
- SWOT
- 15.14 Kamenny Vek
- Kamenny Vek - Overview
- Kamenny Vek - Product / Service
- Kamenny Vek - Key offerings
- SWOT
- 15.15 ROCKWOOL AS
- ROCKWOOL AS - Overview
- ROCKWOOL AS - Business segments
- ROCKWOOL AS - Key offerings
- ROCKWOOL AS - Segment focus
- SWOT
- 15.16 Sudaglass Fiber Technology Inc.
- Sudaglass Fiber Technology Inc. - Overview
- Sudaglass Fiber Technology Inc. - Product / Service
- Sudaglass Fiber Technology Inc. - Key offerings
- SWOT
- 15.17 Technobasalt LLC
- Technobasalt LLC - Overview
- Technobasalt LLC - Product / Service
- Technobasalt LLC - Key offerings
- SWOT
- 15.18 Zhejiang GBF Basalt Fiber
- Zhejiang GBF Basalt Fiber - Overview
- Zhejiang GBF Basalt Fiber - Product / Service
- Zhejiang GBF Basalt Fiber - 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
