Basalt Fibre Market Pegged for Robust Expansion During 2017 – 2025

In its latest report, ESOMAR-certified market research firm Future Market Insights offers an extensive study on the market for Basalt Fibre. FMI provides a new study to elucidate the potential growth parameters of the Basalt Fibre market. On the back of prevailing trends FMI presents a positive growth outlook.

The report is intended to present an unbiased analysis. It therefore offers incisive coverage on key market dynamics, including drivers, restraints, opportunities, and challenges. It also offers detailed information on Basalt Fibre market structure. FMI’s in-house team for chemicals & materials sector gives valuable insights, validated with latest data. The report also gives access to extensive database that tracks existing and upcoming chemicals & materials trends and innovation in 100+ countries.

FMI’s latest report on global Basalt Fibre market provides analysis on regulatory landscape and profitable epidemiology. The study also tracks global sales of primary Basalt Fibre in 20+ high-growth markets, along with the detailed coverage of the impact COVID-19 had on the Basalt Fibre market.

In the last couple of years, chemicals & materials industry has witnessed considerable technological advancements across various sectors. Coupled with this, increasing research and development activities following the outbreak of COVID-19 have had a positive impact on the overall growth.

With the development in petroleum & oil and gas companies and R&D activities, the market has witnessed a healthy expansion. FMI’s latest report offers significant details about the latest trend and challenges that the Basalt Fibre market is expected to witness in the upcoming decade.

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Impact of COVID-19 on Basalt Fibre Market

The pandemic has placed an enormous strain on the chemicals & materials industry including its workforce, supply-chain, infrastructure, and market players. The first wave of COVID-19 that hit the regions across the globe, compelled the chemicals & materials industry to adapt and develop its infrastructure and innovate in a short period of time. Against this backdrop, FMI tracks the changes, improvement, profits and losses in the industry among the existing players as well as the new entrants within the industry.

The FMI’s recently published report presents detailed insights into the impact of COVID-19 on the Basalt Fibre market and innovative strategies adopted by the market players to tackle the challenges encountered due to the pandemic.

Report available at an attractive price for first-time buyers! Offer expires soon!

Important Questions Answered in the Basalt Fibre Market Report

1. How will the Basalt Fibre market expand through 2031?

2. Which region is the most lucrative in the Basalt Fibre market?

3. What are the recent technological developments in the Basalt Fibre market?

4. What are key challenges and competition threats faced by Basalt Fibre market players?

5. Who are prominent players leading the Basalt Fibre market?

Basalt Fibre Market – Competitive Landscape

The global basalt fibre market is slightly fragmented and is represented by limited number of global and regional players. These players are focusing on continuous expansion and collaboration activities. For instance,

  • In April 2020, Polotsk-Glassfibre expanded its business by launching a new furnace with production capacity of 500 tons fibre per year.
  • In 2019, Basanite Industries LLC started a new manufacturing unit in Florida for production of basalt fibres and basalt composites.       

Key Compnies

  • Kamenny Vek Mafic
  • Technobasalt-Invest
  • Fibrebas Construction and Building Technologies
  • Hebei Tong-Hui Technology
  • Technobasalt-Invest LLC
  • Company Mineral 7
  • Aerospace Tuoxin
  • Mudanjiang Jinshi Basalt Fibre Co. Ltd
  • Zaomineral
  • GMV
  • Mafic SA
  • KamennyVek
  • Jilin Province Huayang New Composite Material Co., Ltd.
  • Tongxin, Galen, Nmg Composites Co., Ltd.
  • Sichuan Aerospace Tuoxin Basalt Industrial Co., Ltd.
  • Incotelogy GmbH
  • JiangsuTianlong
  • JilinJiuxin
  • Russian Basalt
  • Arrow Technical Textiles Private Limited
  • Zhejiang GBF Basalt Fibre Co.
  • Sudagla
  • Shanxi Basalt Fibre Technology Co. TD. 

Basalt Fibre Market – Segmentation

Basalt fibre market is segmented on the basis of following,

By Type

  • Composites
  • Non-Composites

By Form

  • Continuous Basalt Fibre
  • Discrete Basalt Fibre

By Composite Processing Method

  • Pultrusion
  • PrePregs
  • Compression Moulding
  • Hand Layup
  • Resin Moulding
  • Vaccum Infusion
  • Spray Gun
  • Filament winding
  • Resin film Infusion (RFI)
  • Others

By Application

  • Concrete reinforcement
  • Roads
  • Mesh filters
  • Insulator
  • Wall Plugs
  • Spray Application
  • Refractory Bricks and Blocks
  • Walls and foundations
  • Coastline reinforcement
  • Reinforcement for Sports equipment and Automotive Parts
  • Water works
  • Ship & Boats Building
  • Shafts and tunnels
  • Composites
  • Others

By End-use Industry

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

Why Buy FMI’s Report?

  • Extensive analysis on high growth niche markets across major regions
  • Detailed assessment on key segments and sub-segments
  • Recent and upcoming strategies tracked of manufacturers for the Basalt Fibre market
  • Reliable information on new product launches, technological advancements, and more
  • Valuable insights on the impact of regulatory framework on the global Basalt Fibre market

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