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Basalt Fiber Market by Usage (Composites, Non-Composites), End-Use Industry (Construction & Infrastrastructure, Automotive & Transportation, Wind Energy, Electrical & Electronics, Marine), and Region - Global Forecast to 2028

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Date: 26-Oct-2023
No. of pages: 220
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“The basalt fiber market is expected to witness a CAGR of 12.5% during the forecast period.”

Basalt fiber's estimated global market size is USD 279 million in 2023, and it is anticipated to reach USD 503 million by 2028. Between 2023 and 2028, this growth is anticipated to occur at a Compound Annual Growth Rate (CAGR) of 12.5%. In order to meet the increasing demand from a variety of end-user industries, including building and infrastructure, automotive and transportation, electrical and electronics, among others, this expansion is anticipated to continue in the upcoming years. Of these, the construction and infrastructure industry is the main user of basalt fibers since these fibers are highly suitable for demanding applications requiring characteristics like minimal water absorption, chemical resistance, durability, and mechanical strength.

“Continuous form of the basalt fiber holds the largest share in terms of both value and volume.”

Continuous form of basalt fibers dominated the global basalt fiber market and is expected to register the highest CAGR during the forecasted period. This remarkable growth can be chiefly attributed to the increasing demand across a spectrum of global end-use industries, thanks to its efficient properties. The continuous form of basalt fiber is widely used in several industries, including wind energy, construction and infrastructure, automotive and transportation, and maritime. Because of their superior mechanical qualities, increased tensile strength, and outstanding efficiency, continuous basalt fibers are the go-to option in these sectors.

“Usage of basalt fiber in composite is the fastest growing segment.”

Given its broad applicability across a variety of end-use industries, including construction and infrastructure, automotive and transportation, maritime, wind energy, and sporting goods, among others, the use of composites is expected to rise significantly in the near future. Whether used in concrete or plastic matrices, basalt can bring new possibilities for reinforced composites when used in the form of continuous fibers.

Currently, there is an increase in demand for basalt fiber across a range of applications, both in composite and non-composite forms. These applications include, but are not limited to, the production of pipes, bars, fittings, fabrics, structural plastics, automotive components, concrete reinforcement for construction, insulating plastics, and materials used in friction-related applications. They also include areas such as thermal and sound insulation, which involves materials like basalt wool and engine insulation.

“Construction & infrastructure is the largest and the fastest-growing end-use industry of basalt fiber.”

During the forecasted period, the construction and infrastructure sector is poised to exhibit the highest Compound Annual Growth Rate (CAGR). Within the construction industry, basalt fibers and basalt fiber composites are extensively employed due to their excellent insulating properties. Notably, these materials offer longevity and resistance to corrosion, setting them apart from steel and the decay-prone nature of wood. This translates to reduced maintenance and replacement expenses.

Furthermore, basalt fiber composite materials are gradually making inroads into the construction industry, gradually displacing steel. This transition is driven by their exceptional combination of attributes, which include a high strength-to-weight ratio, resistance to chemicals and corrosion, low thermal conductivity, and an absence of electrical and magnetic conduction. Basalt fibers find application in a multitude of construction scenarios, including assembled houses, structures, cold floor heating systems, fire partitions, firewalls, fire doors, and various other construction applications. These fibers take on multiple forms, serving as reinforced rebars, pultruded load-bearing profiles, unidirectional, biaxial, and triaxial basalt fabrics, basalt reinforcing meshes, and they are even incorporated into basalt fiber-reinforced concrete within the construction and infrastructure sector.

“Asia Pacific region dominated the global basalt fiber market.”

Asia Pacific region holds the largest share of the global basalt fiber market and is expected to register the highest CAGR between 2023 and 2028. This prevalence is mainly attributed to the substantial demand emerging from industries like automotive and transportation, construction and infrastructure, and wind energy within the region. Notably, the burgeoning investments in the construction and infrastructure sector in the region are a significant driving force behind the heightened consumption of basalt fibers. Among the countries in this region, China emerges as the foremost player in the basalt fiber market.

Breakdown of Profiles of Primary Interviews:


  • By Company Type- Tier 1- 40%, Tier 2- 33%, and Tier 3- 27%

  • By Designation- C Level- 50%, Director Level- 30%, and Others- 20%

  • By Region- North America- 15%, Europe- 50%, Asia Pacific (APAC) - 20%, Latin America-10%, Middle East & Africa (MEA)-5%,


The report provides a comprehensive analysis of company profiles listed below:


  • Kamenny Vek (Russia)

  •  Zhejiang GBF Basalt Fiber Co. (China)

  •  JFE RockFiber Corp. (Japan), Mafic SA (Ireland)

  •  Technobasalt-Invest LLC (Ukraine)

  •  Russian Basalt (Russia)

  •  ISOMATEX SA (Belgium)

  •  INCOTELOGY GmbH (Germany)

  •  Sudaglass Basalt Fiber Technology (US)

  •  Shanxi Basalt Fiber Technology Co., Ltd (China)

  •  Mudanjiang Basalt Fiber Co. (China)


Research Coverage

This report covers the basalt fiber market by form, usage, end use industry and region. It aims at estimating the size and future growth potential of the market across various segments. The report also includes an in-depth competitive analysis of the key market players, along with their profiles and key growth strategies.

Reasons to buy the report:

The report will help the market leaders/new entrants in this market with information on the closest approximations of the revenue numbers for the overall basalt fiber market and the subsegments. This report will help stakeholders understand the competitive landscape and gain more insights to position their businesses better and plan suitable go-to-market strategies. The report also helps stakeholders understand the pulse of the market and provides them with information on key market drivers, restraints, challenges, and opportunities.

The report provides insights on the following pointers:


  • Analysis of key drivers (Increase in demand for non-corrosive materials), restraints (1.2.2.2Lack of standardization in manufacturing technologies), opportunities (1.2.3.2 Growing adoption of environmentally friendly and recyclable materials), and challenges (1.2.4.1 Complex manufacturing process and high cost compared to E-glass fibers) influencing the growth of the basalt fiber market.

  • Product Development/Innovation: Detailed insights on upcoming technologies, research & development activities, and new product & service launches in the basalt fiber market

  • Market Development: Comprehensive information about lucrative markets – the report analyses the basalt fiber market across varied regions

  • Market Diversification: Exhaustive information about new products & services, untapped geographies, recent developments, and investments in the basalt fiber market

  • Competitive Assessment: In-depth assessment of market shares, growth strategies and service offerings of leading players in the basalt fiber market.

Basalt Fiber Market by Usage (Composites, Non-Composites), End-Use Industry (Construction & Infrastrastructure, Automotive & Transportation, Wind Energy, Electrical & Electronics, Marine), and Region - Global Forecast to 2028

Table Of Contents

1 Introduction 25
1.1 Study Objectives 25
1.2 Market Definition 25
1.2.1 Inclusions And Exclusions 25
1.3 Market Scope 26
Figure 1 Basalt Fiber Market Segmentation 26
1.3.1 Regions Covered 26
1.3.2 Years Considered 27
1.4 Currency Considered 27
1.5 Units Considered 27
1.6 Limitations 28
1.7 Stakeholders 28
1.8 Summary Of Changes 28
1.9 Recession Impact 28

2 Research Methodology 29
2.1 Research Approach 29
Figure 2 Basalt Fiber Market: Research Design 29
2.2 Base Number Calculation 30
2.2.1 Approach 1: Supply-Side Analysis 30
2.2.2 Approach 2: Demand-Side Analysis 30
2.3 Recession Impact 31
Figure 3 Major Factors Responsible For Global Recession And Their Impact On Basalt Fiber Market 31
2.4 Research Data 32
2.4.1 Secondary Data 32
2.4.1.1 Key Data From Secondary Sources 32
2.4.2 Primary Data 33
2.4.2.1 Key Data From Primary Sources 33
2.4.2.2 Primary Interviews—Top Basalt Fiber Manufacturers 34
2.4.2.3 Breakdown Of Primary Interviews 34
2.4.2.4 Key Industry Insights 35
2.5 Market Size Estimation 35
2.5.1 Bottom-Up Approach 35
Figure 4 Market Size Estimation: Bottom-Up Approach 35
2.5.2 Top-Down Approach 36
Figure 5 Market Size Estimation: Top-Down Approach 36
2.6 Market Forecast Approach 36
2.6.1 Supply Side 36
2.6.2 Demand Side 36
2.7 Data Triangulation 37
Figure 6 Basalt Fiber Market: Data Triangulation 37
2.8 Assumptions 38
2.9 Growth Forecast 38
2.10 Research Limitations 39
2.11 Risk Analysis 39

3 Executive Summary 40
Figure 7 Continuous Form Led Basalt Fiber Market In 2022 41
Figure 8 Composites Segment Dominated Market In 2022 41
Figure 9 Automotive & Transportation Industry Led Market In 2022 42
Figure 10 Asia Pacific To Record Highest Growth During Forecast Period 42

4 Premium Insights 44
4.1 Attractive Opportunities For Players In Basalt Fiber Market 44
Figure 11 Significant Growth Expected In Basalt Fiber Market Between 2023 And 2028 44
4.2 Basalt Fiber Market, By Form And Region 45
Figure 12 Continuous Form And Asia Pacific Were Largest Markets In 2022 45
4.3 Basalt Fiber Market, By Usage 45
Figure 13 Composites Segment Dominated Market In 2022 45
4.4 Basalt Fiber Market, By End-Use Industry 46
Figure 14 Construction & Infrastructure Was Largest End-Use Industry In 2022 46
4.5 Basalt Fiber Market Growth, By Key Country 47
Figure 15 China To Be Fastest-Growing Market During Forecast Period 47

5 Market Overview 48
5.1 Introduction 48
5.2 Market Dynamics 48
Figure 16 Drivers, Restraints, Opportunities, And Challenges In Basalt Fiber Market 48
5.2.1 Drivers 49
5.2.1.1 Increase In Demand For Non-Corrosive Materials 49
5.2.1.2 Resistance To Extreme Temperatures And Vibrations 49
Table 1 Mechanical & Physical Properties Of Fibers 49
Table 2 Temperature Range Of Fibers 50
5.2.1.3 Need For Environment-Friendly And Recyclable Material 50
5.2.2 Restraints 50
5.2.2.1 Use Of Substitutes In Construction Sector 50
5.2.2.2 Lack Of Standardized Manufacturing Technologies 50
5.2.3 Opportunities 51
5.2.3.1 Rising Demand For Basalt Fibers From Marine Sector 51
5.2.3.2 Increased Adoption Of Eco-Friendly Fiber-Reinforced Composite Products 51
5.2.4 Challenges 51
5.2.4.1 Complex Manufacturing Process And High Cost Compared To E-Glass Fibers 51
5.2.4.2 Technical Complexities In Production Process 52
5.3 Porter’s Five Forces Analysis 52
Figure 17 Basalt Fiber Market: Porter’s Five Forces Analysis 52
5.3.1 Threat Of New Entrants 53
5.3.2 Threat Of Substitutes 53
5.3.3 Bargaining Power Of Buyers 53
5.3.4 Bargaining Power Of Suppliers 53
5.3.5 Intensity Of Competitive Rivalry 53
Table 3 Basalt Fiber Market: Porter’s Five Forces Analysis 54
5.4 Supply Chain Analysis 54
Table 4 Basalt Fiber Market: Companies And Their Role In Ecosystem 54
5.5 Pricing Analysis 55
5.5.1 Average Selling Price, By End-Use Industry 55
Figure 18 Average Selling Price Trend Of Key Players By Top Three End-Use Industries (Usd/Kg) 55
Table 5 Average Selling Price Trend Of Key Players, By Top 3 End-Use Industries (Usd/Kg) 55
5.6 Average Selling Price Trend, By Region 56
Table 6 Basalt Fiber Market: Average Selling Price, By Region 56
5.7 Trade Data Analysis 56
5.7.1 Export Scenario Of Basalt Fibers 56
Table 7 Top 25 Exporting Countries In 2022 56
5.7.2 Import Scenario Of Basalt Fibers 57
Table 8 Top 25 Importing Countries In 2022 57
5.8 Key Stakeholders & Buying Criteria 58
5.8.1 Key Stakeholders In Buying Process 58
Figure 19 Influence Of Stakeholders On Buying Process For Top 3 End-Use Industries 58
Table 9 Influence Of Stakeholders On Buying Process For Top 3 End-Use Industries 58
5.8.2 Buying Criteria 59
Figure 20 Key Buying Criteria For Top 3 End-Use Industries 59
Table 10 Key Buying Criteria For Top 3 End-Use Industries 59
5.9 Technology Analysis 59
Table 11 Comparative Study Of Major Basalt Fiber Composite Manufacturing Processes 59
5.10 Ecosystem Map 60
Figure 21 Ecosystem Map: Basalt Fiber Market 60
5.11 Value Chain Analysis 61
Figure 22 Value Chain Analysis: Basalt Fiber Market 61
5.12 Case Study Analysis 62
Figure 23 Case Study Analysis: Basalt Fiber Market 62
5.13 Trends And Disruptions Impacting Customer Business 62
Figure 24 Revenue Shift For Basalt Fiber Market 62
5.14 Tariff And Regulatory Landscape 63
5.14.1 Regulatory Bodies, Government Agencies, And Other Organizations 63
Table 12 North America: Regulatory Bodies, Government Agencies, And Other Organizations 63
Table 13 Europe: Regulatory Bodies, Government Agencies, And Other Organizations 63
Table 14 Asia Pacific: Regulatory Bodies, Government Agencies, And Other Organizations 64
5.14.2 Standards For Basalt Fiber Market 64
Table 15 Current Standard Codes For Basalt Fiber Market 64
5.15 Patent Analysis 65
5.15.1 Introduction 65
5.15.2 Methodology 65
5.15.3 Document Types 65
Table 16 Basalt Fiber Market: Global Patents 65
Figure 25 Global Patent Analysis, By Document Type 66
Figure 26 Global Patent Publication Trend, 2013–2023 66
5.15.4 Insights 66
5.15.5 Legal Status 67
Figure 27 Basalt Fiber Market: Legal Status Of Patents 67
5.15.6 Jurisdiction Analysis 67
Figure 28 Global Jurisdiction Analysis, 2013–2023 67
5.15.7 Top Applicants 68
Figure 29 Sichuan Aerospace Wuyuan Composite Materials Co., Ltd. Registered Highest Number Of Patents 68
Table 17 Patents By Sichuan Aerospace Wuyuan Composite Materials Co., Ltd. 68
5.15.8 Patents By Zhengzhou Dengdian Cbf Co., Ltd. 69
5.15.9 Patents By Southeast University 70
5.15.10 Top Patent Owners (Us) In Last 10 Years 70
5.16 Key Conferences & Events, 2023–2024 71
Table 18 Key Conferences & Events Related To Basalt Fiber And Related Markets, 2023–2024 71

6 Basalt Fiber Market, By Form 73
6.1 Introduction 74
Figure 30 Continuous Basalt Fiber Records Faster Growth During Forecast Period 74
Table 19 Basalt Fiber Market, By Form, 2018–2022 (Ton) 74
Table 20 Basalt Fiber Market, By Form, 2018–2022 (Usd Thousand) 74
Table 21 Basalt Fiber Market, By Form, 2023–2028 (Ton) 75
Table 22 Basalt Fiber Market, By Form, 2023–2028 (Usd Thousand) 75
6.2 Continuous Basalt Fiber 76
6.2.1 High Efficiency And Tensile Strength To Drive Market 76
6.2.2 Continuous: Basalt Fiber Market, By Region 76
Table 23 Continuous: Basalt Fiber Market, By Region, 2018–2022 (Ton) 76
Table 24 Continuous: Basalt Fiber Market, By Region, 2018–2022 (Usd Thousand) 76
Table 25 Continuous: Basalt Fiber Market, By Region, 2023–2028 (Ton) 77
Table 26 Continuous: Basalt Fiber Market, By Region, 2023–2028 (Usd Thousand) 77
6.3 Discrete Basalt Fiber 77
6.3.1 Growth Of Construction And Transportation Sectors To Fuel Market 77
6.3.2 Discrete: Basalt Fiber Market, By Region 78
Table 27 Discrete: Basalt Fiber Market, By Region, 2018–2022 (Ton) 78
Table 28 Discrete: Basalt Fiber Market, By Region, 2018–2022 (Usd Thousand) 78
Table 29 Discrete: Basalt Fiber Market, By Region, 2023–2028 (Ton) 78
Table 30 Discrete: Basalt Fiber Market, By Region, 2023–2028 (Usd Thousand) 79

7 Basalt Fiber Market, By Usage Type 80
7.1 Introduction 81
Table 31 Chemical Composition Of Glass And Basalt Fibers 81
Table 32 Tensile Strength Of Fibers 82
Table 33 Basalt Fiber Stiffness Properties 82
Figure 31 Basalt Fiber Composites To Grow At Faster Rate During Forecast Period 82
Table 34 Basalt Fiber Market, By Usage Type, 2018–2022 (Ton) 83
Table 35 Basalt Fiber Market, By Usage Type, 2018–2022 (Usd Thousand) 83
Table 36 Basalt Fiber Market, By Usage Type, 2023–2028 (Ton) 83
Table 37 Basalt Fiber Market, By Usage Type, 2023–2028 (Usd Thousand) 83
7.2 Composite Basalt Fiber 84
7.2.1 Enhanced Safety And Sustainability To Drive Market 84
7.2.2 Composites: Basalt Fiber Market, By Region 84
Table 38 Composites: Basalt Fiber Market, By Region, 2018–2022 (Ton) 84
Table 39 Composites: Basalt Fiber Market, By Region, 2018–2022 (Usd Thousand) 84
Table 40 Composites: Basalt Fiber Market, By Region, 2023–2028 (Ton) 85
Table 41 Composites: Basalt Fiber Market, By Region, 2023–2028 (Usd Thousand) 85
7.3 Non-Composite Basalt Fiber 85
7.3.1 Wide Use In Insulation Sleeves And Concrete Reinforcements To Fuel Market 85
Table 42 Comparative Characteristics Of Fibers 86
7.3.2 Non-Composites: Basalt Fiber Market, By Region 86
Table 43 Non-Composites: Basalt Fiber Market, By Region, 2018–2022 (Ton) 86
Table 44 Non-Composites: Basalt Fiber Market, By Region, 2018–2022 (Usd Thousand) 86
Table 45 Non-Composites: Basalt Fiber Market, By Region, 2023–2028 (Ton) 87
Table 46 Non-Composites: Basalt Fiber Market, By Region, 2023–2028 (Usd Thousand) 87

8 Basalt Fiber Market, By End-Use Industry 88
8.1 Introduction 89
Figure 32 Construction & Infrastructure Segment Accounted For Largest Share During Forecast Period 89
Table 47 Basalt Fiber Market, By End-Use Industry, 2018–2022 (Ton) 90
Table 48 Basalt Fiber Market, By End-Use Industry, 2018–2022 (Usd Thousand) 90
Table 49 Basalt Fiber Market, By End-Use Industry, 2023–2028 (Ton) 90
Table 50 Basalt Fiber Market, By End-Use Industry, 2023–2028 (Usd Thousand) 91
8.2 Construction & Infrastructure 91
8.2.1 Zero Electrical And Magnetic Conduction To Drive Market 91
8.2.2 Construction & Infrastructure: Basalt Fiber Market, By Region 92
Table 51 Construction & Infrastructure: Basalt Fiber Market, By Region, 2018–2022 (Ton) 92
Table 52 Construction & Infrastructure: Basalt Fiber Market, By Region, 2018–2022 (Usd Thousand) 92
Table 53 Construction & Infrastructure: Basalt Fiber Market, By Region, 2023–2028 (Ton) 93
Table 54 Construction & Infrastructure: Basalt Fiber Market, By Region, 2023–2028 (Usd Thousand) 93
8.3 Automotive & Transportation 93
8.3.1 Cost Reduction Of Molding Compounds And Vehicles To Drive Market 93
8.3.2 Automotive & Transportation: Basalt Fiber Market, By Region 94
Table 55 Automotive & Transportation: Basalt Fiber Market, By Region, 2018–2022 (Ton) 94
Table 56 Automotive & Transportation: Basalt Fiber Market, By Region, 2018–2022 (Usd Thousand) 94
Table 57 Automotive & Transportation: Basalt Fiber Market, By Region, 2023–2028 (Ton) 95
Table 58 Automotive & Transportation: Basalt Fiber Market, By Region, 2023–2028 (Usd Thousand) 95
8.4 Electrical & Electronics 96
8.4.1 Good Insulation Properties To Fuel Demand For Basalt Fibers In Electronics 96
8.4.2 Electrical & Electronics: Basalt Fiber Market, By Region 96
Table 59 Electrical & Electronics: Basalt Fiber Market, By Region, 2018–2022 (Ton) 96
Table 60 Electrical & Electronics: Basalt Fiber Market, By Region, 2018–2022 (Usd Thousand) 96
Table 61 Electrical & Electronics: Basalt Fiber Market, By Region, 2023–2028 (Ton) 97
Table 62 Electrical & Electronics: Basalt Fiber Market, By Region, 2023–2028 (Usd Thousand) 97
8.5 Wind Energy 97
8.5.1 High Demand For Basalt Roving In Wind Turbines To Boost Market 97
8.5.2 Wind Energy: Basalt Fiber Market, By Region 98
Table 63 Wind Energy: Basalt Fiber Market, By Region, 2018–2022 (Ton) 98
Table 64 Wind Energy: Basalt Fiber Market, By Region, 2018–2022 (Usd Thousand) 98
Table 65 Wind Energy: Basalt Fiber Market, By Region, 2023–2028 (Ton) 98
Table 66 Wind Energy: Basalt Fiber Market, By Region, 2023–2028 (Usd Thousand) 99
8.6 Marine 99
8.6.1 Construction Of Marine Decks And Pontoons To Fuel Demand For Basalt Products 99
8.6.2 Marine: Basalt Fiber Market, By Region 99
Table 67 Marine: Basalt Fiber Market, By Region, 2018–2022 (Ton) 99
Table 68 Marine: Basalt Fiber Market, By Region, 2018–2022 (Usd Thousand) 100
Table 69 Marine: Basalt Fiber Market, By Region, 2023–2028 (Ton) 100
Table 70 Marine: Basalt Fiber Market, By Region, 2023–2028 (Usd Thousand) 100
8.7 Other End-Use Industries 101
8.7.1 Other End-Use Industries: Basalt Fiber Market, By Region 101
Table 71 Other End-Use Industries: Basalt Fiber Market, By Region, 2018–2022 (Ton) 101
Table 72 Other End-Use Industries: Basalt Fiber Market, By Region, 2018–2022 (Usd Thousand) 101
Table 73 Other End-Use Industries: Basalt Fiber Market, By Region, 2023–2028 (Ton) 102
Table 74 Other End-Use Industries: Basalt Fiber Market, By Region, 2023–2028 (Usd Thousand) 102

9 Basalt Fiber Market, By Region 103
9.1 Introduction 104
Figure 33 China To Register Highest Growth Rate During Forecast Period 104
Table 75 Basalt Fiber Market, By Region, 2018–2022 (Ton) 105
Table 76 Basalt Fiber Market, By Region, 2018–2022 (Usd Thousand) 105
Table 77 Basalt Fiber Market, By Region, 2023–2028 (Ton) 105
Table 78 Basalt Fiber Market, By Region, 2023–2028 (Usd Thousand) 106
9.2 North America 106
9.2.1 Recession Impact On North America 106
Figure 34 North America: Basalt Fiber Market Snapshot 107
9.2.2 North America: Basalt Fiber Market, By Form 108
Table 79 North America: Basalt Fiber Market, By Form, 2018–2022 (Ton) 108
Table 80 North America: Basalt Fiber Market, By Form, 2018–2022 (Usd Thousand) 108
Table 81 North America: Basalt Fiber Market, By Form, 2023–2028 (Ton) 108
Table 82 North America: Basalt Fiber Market, By Form, 2023–2028 (Usd Thousand) 108
9.2.3 North America: Basalt Fiber Market, By Usage Type 109
Table 83 North America: Basalt Fiber Market, By Usage Type, 2018–2022 (Ton) 109
Table 84 North America: Basalt Fiber Market, By Usage Type, 2018–2022 (Usd Thousand) 109
Table 85 North America: Basalt Fiber Market, By Usage Type, 2023–2028 (Ton) 109
Table 86 North America: Basalt Fiber Market, By Usage Type, 2023–2028 (Usd Thousand) 109
9.2.4 North America: Basalt Fiber Market, By End-Use Industry 110
Table 87 North America: Basalt Fiber Market, By End-Use Industry, 2018–2022 (Ton) 110
Table 88 North America: Basalt Fiber Market, By End-Use Industry, 2018–2022 (Usd Thousand) 110
Table 89 North America: Basalt Fiber Market, By End-Use Industry, 2023–2028 (Ton) 111
Table 90 North America: Basalt Fiber Market, By End-Use Industry, 2023–2028 (Usd Thousand) 111
9.2.5 North America: Basalt Fiber Market, By Country 111
Table 91 North America: Basalt Fiber Market, By Country, 2018–2022 (Ton) 111
Table 92 North America: Basalt Fiber Market, By Country, 2018–2022 (Usd Thousand) 112
Table 93 North America: Basalt Fiber Market, By Country, 2023–2028 (Ton) 112
Table 94 North America: Basalt Fiber Market By Country, 2023–2028 (Usd Thousand) 112
9.2.5.1 Us 113
9.2.5.1.1 Increase In Production Capacity Of Basalt Fibers To Drive Market 113
Table 95 Us: New Wind Energy Installations, 2010–2021 (Mw) 113
9.2.5.1.2 Us: Basalt Fiber Market, By End-Use Industry 114
Table 96 Us: Basalt Fiber Market, By End-Use Industry, 2018–2022 (Ton) 114
Table 97 Us: Basalt Fiber Market, By End-Use Industry, 2018–2022 (Usd Thousand) 114
Table 98 Us: Basalt Fiber Market, By End-Use Industry, 2023–2028 (Ton) 114
Table 99 Us: Basalt Fiber Market, By End-Use Industry, 2023–2028 (Usd Thousand) 115
9.2.5.2 Canada 115
9.2.5.2.1 Well-Established Aerospace Sector To Drive Market 115
9.2.5.2.2 Canada: Basalt Fiber Market, By End-Use Industry 116
Table 100 Canada: Basalt Fiber Market, By End-Use Industry, 2018–2022 (Ton) 116
Table 101 Canada: Basalt Fiber Market, By End-Use Industry, 2018–2022 (Usd Thousand) 116
Table 102 Canada: Basalt Fiber Market, By End-Use Industry, 2023–2028 (Ton) 116
Table 103 Canada: Basalt Fiber Market, By End-Use Industry, 2023–2028 (Usd Thousand) 117
9.3 Europe 117
9.3.1 Recession Impact On Europe 117
Figure 35 Europe: Basalt Fiber Market Snapshot 118
9.3.2 Europe: Basalt Fiber Market, By Form 118
Table 104 Europe: Basalt Fiber Market, By Form, 2018–2022 (Ton) 118
Table 105 Europe: Basalt Fiber Market, By Form, 2018–2022 (Usd Thousand) 119
Table 106 Europe: Basalt Fiber Market, By Form, 2023–2028 (Ton) 119
Table 107 Europe: Basalt Fiber Market, By Form, 2023–2028 (Usd Thousand) 119
9.3.3 Europe: Basalt Fiber Market, By Usage Type 119
Table 108 Europe: Basalt Fiber Market, By Usage Type, 2018–2022 (Ton) 119
Table 109 Europe: Basalt Fiber Market, By Usage Type, 2018–2022 (Usd Thousand) 120
Table 110 Europe: Basalt Fiber Market, By Usage Type, 2023–2028 (Ton) 120
Table 111 Europe: Basalt Fiber Market, By Usage Type, 2023–2028 (Usd Thousand) 120
9.3.4 Europe: Basalt Fiber Market, By End-Use Industry 121
Table 112 Europe: Basalt Fiber Market, By End-Use Industry, 2018–2022 (Ton) 121
Table 113 Europe: Basalt Fiber Market, By End-Use Industry, 2018–2022 (Usd Thousand) 121
Table 114 Europe: Basalt Fiber Market, By End-Use Industry, 2023–2028 (Ton) 121
Table 115 Europe: Basalt Fiber Market, By End-Use Industry, 2023–2028 (Usd Thousand) 122
9.3.5 Europe: Basalt Fiber Market, By Country 122
Table 116 Europe: Basalt Fiber Market, By Country, 2018–2022 (Ton) 122
Table 117 Europe: Basalt Fiber Market, By Country, 2018–2022 (Usd Thousand) 123
Table 118 Europe: Basalt Fiber Market, By Country, 2023–2028 (Ton) 123
Table 119 Europe: Basalt Fiber Market, By Country, 2023–2028 (Usd Thousand) 123
9.3.5.1 Russia 124
9.3.5.1.1 Presence Of Established Manufacturing Companies To Fuel Market 124
9.3.5.1.2 Russia: Basalt Fiber Market, By End-Use Industry 124
Table 120 Russia: Basalt Fiber Market, By End-Use Industry, 2018–2022 (Ton) 124
Table 121 Russia: Basalt Fiber Market, By End-Use Industry, 2018–2022 (Usd Thousand) 124
Table 122 Russia: Basalt Fiber Market, By End-Use Industry, 2023–2028 (Ton) 125
Table 123 Russia: Basalt Fiber Market, By End-Use Industry, 2023–2028 (Usd Thousand) 125
9.3.5.2 Ukraine 125
9.3.5.2.1 Abundant Reserves Of Basalt Rocks To Drive Market 125
9.3.5.2.2 Ukraine: Basalt Fiber Market, By End-Use Industry 126
Table 124 Ukraine: Basalt Fiber Market, By End-Use Industry, 2018–2022 (Ton) 126
Table 125 Ukraine: Basalt Fiber Market, By End-Use Industry, 2018–2022 (Usd Thousand) 126
Table 126 Ukraine: Basalt Fiber Market, By End-Use Industry, 2023–2028 (Ton) 126
Table 127 Ukraine: Basalt Fiber Market, By End-Use Industry, 2023–2028 (Usd Thousand) 127
9.3.5.3 Uk 127
9.3.5.3.1 Increasing Need For Fuel Efficiency In Vehicles To Drive Market 127
9.3.5.3.2 Uk: Basalt Fiber Market, By End-Use Industry 127
Table 128 Uk: Basalt Fiber Market, By End-Use Industry, 2018–2022 (Ton) 127
Table 129 Uk: Basalt Fiber Market, By End-Use Industry, 2018–2022 (Usd Thousand) 128
Table 130 Uk: Basalt Fiber Market, By End-Use Industry, 2023–2028 (Ton) 128
Table 131 Uk: Basalt Fiber Market, By End-Use Industry, 2023–2028 (Usd Thousand) 128
9.3.5.4 Germany 129
9.3.5.4.1 Presence Of Renowned Automotive Brands To Boost Market 129
Table 132 Germany: New Wind Energy Installations, 2010–2020 (Mw) 129
9.3.5.4.2 Germany: Basalt Fiber Market, By End-Use Industry 130
Table 133 Germany: Basalt Fiber Market, By End-Use Industry, 2018–2022 (Ton) 130
Table 134 Germany: Basalt Fiber Market, By End-Use Industry, 2018–2022 (Usd Thousand) 130
Table 135 Germany: Basalt Fiber Market, By End-Use Industry, 2023–2028 (Ton) 130
Table 136 Germany: Basalt Fiber Market, By End-Use Industry, 2023–2028 (Usd Thousand) 131
9.3.5.5 Ireland 131
9.3.5.5.1 High Demand From Wind Energy Sector To Fuel Market 131
9.3.5.5.2 Ireland: Basalt Fiber Market, By End-Use Industry 131
Table 137 Ireland: Basalt Fiber Market, By End-Use Industry, 2018–2022 (Ton) 131
Table 138 Ireland: Basalt Fiber Market, By End-Use Industry, 2018–2022 (Usd Thousand) 132
Table 139 Ireland: Basalt Fiber Market, By End-Use Industry, 2023–2028 (Ton) 132
Table 140 Ireland: Basalt Fiber Market, By End-Use Industry, 2023–2028 (Usd Thousand) 132
9.3.5.6 Belgium 133
9.3.5.6.1 Growth Of Automotive & Transportation Industry To Drive Market 133
9.3.5.6.2 Belgium: Basalt Fiber Market, By End-Use Industry 133
Table 141 Belgium: Basalt Fiber Market, By End-Use Industry, 2018–2022 (Ton) 133
Table 142 Belgium: Basalt Fiber Market, By End-Use Industry, 2018–2022 (Usd Thousand) 133
Table 143 Belgium: Basalt Fiber Market, By End-Use Industry, 2023–2028 (Ton) 134
Table 144 Belgium: Basalt Fiber Market, By End-Use Industry, 2023–2028 (Usd Thousand) 134
9.3.5.7 Rest Of Europe 134
9.3.5.7.1 Rest Of Europe: Basalt Fiber Market, By End-Use Industry 135
Table 145 Rest Of Europe: Basalt Fiber Market, By End-Use Industry, 2018–2022 (Ton) 135
Table 146 Rest Of Europe: Basalt Fiber Market, By End-Use Industry, 2018–2022 (Usd Thousand) 135
Table 147 Rest Of Europe: Basalt Fiber Market, By End-Use Industry, 2023–2028 (Ton) 135
Table 148 Rest Of Europe: Basalt Fiber Market, By End-Use Industry, 2023–2028 (Usd Thousand) 136
9.4 Asia Pacific 136
9.4.1 Recession Impact On Asia Pacific 137
Figure 36 Asia Pacific: Basalt Fiber Market Snapshot 137
9.4.2 Asia Pacific: Basalt Fiber Market, By Form 138
Table 149 Asia Pacific: Basalt Fiber Market, By Form, 2018–2022 (Ton) 138
Table 150 Asia Pacific: Basalt Fiber Market, By Form, 2018–2022 (Usd Thousand) 138
Table 151 Asia Pacific: Basalt Fiber Market, By Form, 2023–2028 (Ton) 138
Table 152 Asia Pacific: Basalt Fiber Market, By Form, 2023–2028 (Usd Thousand) 138
9.4.3 Asia Pacific: Basalt Fiber Market, By Usage Type 139
Table 153 Asia Pacific: Basalt Fiber Market, By Usage Type, 2018–2022 (Ton) 139
Table 154 Asia Pacific: Basalt Fiber Market, By Usage Type, 2018–2022 (Usd Thousand) 139
Table 155 Asia Pacific: Basalt Fiber Market, By Usage Type, 2023–2028 (Ton) 139
Table 156 Asia Pacific: Basalt Fiber Market, By Usage Type, 2023–2028 (Usd Thousand) 139
9.4.4 Asia Pacific: Basalt Fiber Market, By End-Use Industry 140
Table 157 Asia Pacific: Basalt Fiber Market, By End-Use Industry, 2018–2022 (Ton) 140
Table 158 Asia Pacific: Basalt Fiber Market, By End-Use Industry, 2018–2022 (Usd Thousand) 140
Table 159 Asia Pacific: Basalt Fiber Market, By End-Use Industry, 2023–2028 (Ton) 140
Table 160 Asia Pacific: Basalt Fiber Market, By End-Use Industry, 2023–2028 (Usd Thousand) 141
9.4.5 Asia Pacific: Basalt Fiber Market, By Country 141
Table 161 Asia Pacific: Basalt Fiber Market, By Country, 2018–2022 (Ton) 141
Table 162 Asia Pacific: Basalt Fiber Market, By Country, 2018–2022 (Usd Thousand) 142
Table 163 Asia Pacific: Basalt Fiber Market, By Country, 2023–2028 (Ton) 142
Table 164 Asia Pacific: Basalt Fiber Market, By Country, 2023–2028 (Usd Thousand) 142
9.4.5.1 China 143
9.4.5.1.1 High Number Of Wind Energy Installations To Drive Market 143
Table 165 China: New Wind Energy Installations, 2010–2020 (Mw) 143
9.4.5.1.2 China: Basalt Fiber Market, By End-Use Industry 144
Table 166 China: Basalt Fiber Market, By End-Use Industry, 2018–2022 (Ton) 144
Table 167 China: Basalt Fiber Market, By End-Use Industry, 2018–2022 (Usd Thousand) 144
Table 168 China: Basalt Fiber Market, By End-Use Industry, 2023–2028 (Ton) 145
Table 169 China: Basalt Fiber Market, By End-Use Industry, 2023–2028 (Usd Thousand) 145
9.4.5.2 India 145
9.4.5.2.1 Government Investments In Infrastructure Industry To Boost Market 145
9.4.5.2.2 India: Basalt Fiber Market, By End-Use Industry 146
Table 170 India: Basalt Fiber Market, By End-Use Industry, 2018–2022 (Ton) 146
Table 171 India: Basalt Fiber Market, By End-Use Industry, 2018–2022 (Usd Thousand) 146
Table 172 India: Basalt Fiber Market, By End-Use Industry, 2023–2028 (Ton) 146
Table 173 India: Basalt Fiber Market, By End-Use Industry, 2023–2028 (Usd Thousand) 147
9.4.5.3 Japan 147
9.4.5.3.1 Growth Of Automotive Sector To Fuel Market 147
9.4.5.3.2 Japan: Basalt Fiber Market, By End-Use Industry 147
Table 174 Japan: Basalt Fiber Market, By End-Use Industry, 2018–2022 (Ton) 147
Table 175 Japan: Basalt Fiber Market, By End-Use Industry, 2018–2022 (Usd Thousand) 148
Table 176 Japan: Basalt Fiber Market, By End-Use Industry, 2023–2028 (Ton) 148
Table 177 Japan: Basalt Fiber Market, By End-Use Industry, 2023–2028 (Usd Thousand) 148
9.4.5.4 South Korea 149
9.4.5.4.1 Industrial Growth And Technological Advancements To Drive Market 149
9.4.5.4.2 South Korea: Basalt Fiber Market, By End-Use Industry 149
Table 178 South Korea: Basalt Fiber Market, By End-Use Industry, 2018–2022 (Ton) 149
Table 179 South Korea: Basalt Fiber Market, By End-Use Industry, 2018–2022 (Usd Thousand) 149
Table 180 South Korea: Basalt Fiber Market, By End-Use Industry, 2023–2028 (Ton) 150
Table 181 South Korea: Basalt Fiber Market, By End-Use Industry, 2023–2028 (Usd Thousand) 150
9.4.5.5 Australia & New Zealand 150
9.4.5.5.1 Rapid Developments In Transportation Sector To Boost Market 150
9.4.5.5.2 Australia & New Zealand: Basalt Fiber Market, By End-Use Industry 151
Table 182 Australia & New Zealand: Basalt Fiber Market, By End-Use Industry, 2018–2022 (Ton) 151
Table 183 Australia & New Zealand: Basalt Fiber Market, By End-Use Industry, 2018–2022 (Usd Thousand) 151
Table 184 Australia & New Zealand: Basalt Fiber Market, By End-Use Industry, 2023–2028 (Ton) 152
Table 185 Australia & New Zealand: Basalt Fiber Market, By End-Use Industry, 2023–2028 (Usd Thousand) 152
9.4.5.6 Rest Of Asia Pacific 152
9.4.5.6.1 Rest Of Asia Pacific: Basalt Fiber Market, By End-Use Industry 153
Table 186 Rest Of Asia Pacific: Basalt Fiber Market, By End-Use Industry, 2018–2022 (Ton) 153
Table 187 Rest Of Asia Pacific: Basalt Fiber Market, By End-Use Industry, 2018–2022 (Usd Thousand) 153
Table 188 Rest Of Asia Pacific: Basalt Fiber Market, By End-Use Industry, 2023–2028 (Ton) 154
Table 189 Rest Of Asia Pacific: Basalt Fiber Market, By End-Use Industry, 2023–2028 (Usd Thousand) 154
9.5 Middle East & Africa 154
9.5.1 Recession Impact On Middle East & Africa 155
9.5.2 Middle East & Africa: Basalt Fiber Market, By Form 155
Table 190 Middle East & Africa: Basalt Fiber Market, By Form, 2018–2022 (Ton) 155
Table 191 Middle East & Africa: Basalt Fiber Market, By Form, 2018–2022 (Usd Thousand) 155
Table 192 Middle East & Africa: Basalt Fiber Market, By Form, 2023–2028 (Ton) 155
Table 193 Middle East & Africa: Basalt Fiber Market, By Form, 2023–2028 (Usd Thousand) 156
9.5.3 Middle East & Africa: Basalt Fiber Market, By Usage Type 156
Table 194 Middle East & Africa: Basalt Fiber Market, By Usage Type, 2018–2022 (Ton) 156
Table 195 Middle East & Africa: Basalt Fiber Market, By Usage Type, 2018–2022 (Usd Thousand) 156
Table 196 Middle East & Africa: Basalt Fiber Market, By Usage Type, 2023–2028 (Ton) 156
Table 197 Middle East & Africa: Basalt Fiber Market, By Usage Type, 2023–2028 (Usd Thousand) 157
9.5.4 Middle East & Africa: Basalt Fiber Market, By End-Use Industry 157
Table 198 Middle East & Africa: Basalt Fiber Market, By End-Use Industry, 2018–2022 (Ton) 157
Table 199 Middle East & Africa: Basalt Fiber Market, By End-Use Industry, 2018–2022 (Usd Thousand) 158
Table 200 Middle East & Africa: Basalt Fiber Market, By End-Use Industry, 2023–2028 (Ton) 158
Table 201 Middle East & Africa: Basalt Fiber Market, By End-Use Industry, 2023–2028 (Usd Thousand) 158
9.5.5 Middle East & Africa: Basalt Fiber Market, By Country 159
Table 202 Middle East & Africa: Basalt Fiber Market, By Country, 2018–2022 (Ton) 159
Table 203 Middle East & Africa: Basalt Fiber Market, By Country, 2018–2022 (Usd Thousand) 159
Table 204 Middle East & Africa: Basalt Fiber Market, By Country, 2023–2028 (Ton) 159
Table 205 Middle East & Africa: Basalt Fiber Market, By Country, 2023–2028 (Usd Thousand) 160
9.5.5.1 Saudi Arabia 160
9.5.5.1.1 Vision 2030 To Drive Market 160
9.5.5.1.2 Saudi Arabia: Basalt Fiber Market, By End-Use Industry 160
Table 206 Saudi Arabia: Basalt Fiber Market, By End-Use Industry, 2018–2022 (Ton) 160
Table 207 Saudi Arabia: Basalt Fiber Market, By End-Use Industry, 2018–2022 (Usd Thousand) 161
Table 208 Saudi Arabia: Basalt Fiber Market, By End-Use Industry, 2023–2028 (Ton) 161
Table 209 Saudi Arabia: Basalt Fiber Market, By End-Use Industry, 2023–2028 (Usd Thousand) 161
9.5.5.2 South Africa 162
9.5.5.2.1 Growth Of Construction & Infrastructure Industry To Fuel Market 162
9.5.5.2.2 South Africa: Basalt Fiber Market, By End-Use Industry 162
Table 210 South Africa: Basalt Fiber Market, By End-Use Industry, 2018–2022 (Ton) 162
Table 211 South Africa: Basalt Fiber Market, By End-Use Industry, 2018–2022 (Usd Thousand) 162
Table 212 South Africa: Basalt Fiber Market, By End-Use Industry, 2023–2028 (Ton) 163
Table 213 South Africa: Basalt Fiber Market, By End-Use Industry, 2023–2028 (Usd Thousand) 163
9.5.5.3 Uae 163
9.5.5.3.1 Upcoming Strategic Events To Boost Market 163
9.5.5.3.2 Uae: Basalt Fiber Market, By End-Use Industry 164
Table 214 Uae: Basalt Fiber Market, By End-Use Industry, 2018–2022 (Ton) 164
Table 215 Uae: Basalt Fiber Market, By End-Use Industry, 2018–2022 (Usd Thousand) 164
Table 216 Uae: Basalt Fiber Market, By End-Use Industry, 2023–2028 (Ton) 164
Table 217 Uae: Basalt Fiber Market, By End-Use Industry, 2023–2028 (Usd Thousand) 165
9.5.5.4 Rest Of Middle East & Africa 165
9.5.5.4.1 Rest Of Middle East & Africa: Basalt Fiber Market, By End-Use Industry 165
Table 218 Rest Of Middle East & Africa: Basalt Fiber Market, By End-Use Industry, 2018–2022 (Ton) 165
Table 219 Rest Of Middle East & Africa: Basalt Fiber Market, By End-Use Industry, 2018–2022 (Usd Thousand) 166
Table 220 Rest Of Middle East & Africa: Basalt Fiber Market, By End-Use Industry, 2023–2028 (Ton) 166
Table 221 Rest Of Middle East & Africa: Basalt Fiber Market, By End-Use Industry, 2023–2028 (Usd Thousand) 166
9.6 Latin America 167
9.6.1 Recession Impact On Latin America 167
9.6.2 Latin America: Basalt Fiber Market, By Form 167
Table 222 Latin America: Basalt Fiber Market, By Form, 2018–2022 (Ton) 167
Table 223 Latin America: Basalt Fiber Market, By Form, 2018–2022 (Usd Thousand) 167
Table 224 Latin America: Basalt Fiber Market, By Form, 2023–2028 (Ton) 167
Table 225 Latin America: Basalt Fiber Market, By Form, 2023–2028 (Usd Thousand) 168
9.6.3 Latin America: Basalt Fiber Market, By Usage Type 168
Table 226 Latin America: Basalt Fiber Market, By Usage Type, 2018–2022 (Ton) 168
Table 227 Latin America: Basalt Fiber Market, By Usage Type, 2018–2022 (Usd Thousand) 168
Table 228 Latin America: Basalt Fiber Market, By Usage Type, 2023–2028 (Ton) 168
Table 229 Latin America: Basalt Fiber Market, By Usage Type, 2023–2028 (Usd Thousand) 169
9.6.4 Latin America: Basalt Fiber Market, By End-Use Industry 169
Table 230 Latin America: Basalt Fiber Market, By End-Use Industry, 2018–2022 (Ton) 169
Table 231 Latin America: Basalt Fiber Market, By End-Use Industry, 2018–2022 (Usd Thousand) 169
Table 232 Latin America: Basalt Fiber Market, By End-Use Industry, 2023–2028 (Ton) 170
Table 233 Latin America: Basalt Fiber Market, By End-Use Industry, 2023–2028 (Usd Thousand) 170
9.6.5 Latin America: Basalt Fiber Market, By Country 170
Table 234 Latin America: Basalt Fiber Market, By Country, 2018–2022 (Ton) 170
Table 235 Latin America: Basalt Fiber Market, By Country, 2018–2022 (Usd Thousand) 171
Table 236 Latin America: Basalt Fiber Market, By Country, 2023–2028 (Ton) 171
Table 237 Latin America: Basalt Fiber Market, By Country, 2023–2028 (Usd Thousand) 171
9.6.5.1 Brazil 171
9.6.5.1.1 Transition Toward Renewable Wind Energy To Drive Market 171
9.6.5.1.2 Brazil: Basalt Fiber Market, By End-Use Industry 172
Table 238 Brazil: Basalt Fiber Market, By End-Use Industry, 2018–2022 (Ton) 172
Table 239 Brazil: Basalt Fiber Market, By End-Use Industry, 2018–2022 (Usd Thousand) 172
Table 240 Brazil: Basalt Fiber Market, By End-Use Industry, 2023–2028 (Ton) 172
Table 241 Brazil: Basalt Fiber Market, By End-Use Industry, 2023–2028 (Usd Thousand) 173
9.6.5.2 Mexico 173
9.6.5.2.1 Expansion Of Wind Energy Sector To Boost Market 173
9.6.5.2.2 Mexico: Basalt Fiber Market, By End-Use Industry 173
Table 242 Mexico: Basalt Fiber Market, By End-Use Industry, 2018–2022 (Ton) 173
Table 243 Mexico: Basalt Fiber Market, By End-Use Industry, 2018–2022 (Usd Thousand) 174
Table 244 Mexico: Basalt Fiber Market, By End-Use Industry, 2023–2028 (Ton) 174
Table 245 Mexico: Basalt Fiber Market, By End-Use Industry, 2023–2028 (Usd Thousand) 174
9.6.5.3 Rest Of Latin America 175
9.6.5.3.1 Rest Of Latin America: Basalt Fiber Market, By End-Use Industry 175
Table 246 Rest Of Latin America: Basalt Fiber Market, By End-Use Industry, 2018–2022 (Ton) 175
Table 247 Rest Of Latin America: Basalt Fiber Market, By End-Use Industry, 2018–2022 (Usd Thousand) 175
Table 248 Rest Of Latin America: Basalt Fiber Market, By End-Use Industry, 2023–2028 (Ton) 176
Table 249 Rest Of Latin America: Basalt Fiber Market, By End-Use Industry, 2023–2028 (Usd Thousand) 176

10 Competitive Landscape 177
10.1 Introduction 177
10.2 Key Players’ Strategies/Right To Win 177
Table 250 Strategies Adopted By Basalt Fiber Manufacturers 177
10.3 Revenue Analysis Of Top Market Players 179
Figure 37 Revenue Analysis 179
10.4 Market Share Analysis 179
Figure 38 Shares Of Top Companies In Basalt Fiber Market 180
Table 251 Degree Of Competition: Basalt Fiber Market 180
10.5 Company Evaluation Matrix 181
10.5.1 Stars 181
10.5.2 Pervasive Players 181
10.5.3 Emerging Leaders 181
10.5.4 Participants 181
Figure 39 Basalt Fiber Market: Company Evaluation Matrix, 2022 182
10.5.5 Company Footprint 182
Table 252 Company Product Footprint 182
Table 253 Company End-Use Industry Footprint 183
Table 254 Company Region Footprint 184
10.6 Start-Up/Sme Evaluation Matrix 184
10.6.1 Progressive Companies 184
10.6.2 Responsive Companies 185
10.6.3 Dynamic Companies 185
10.6.4 Starting Blocks 185
Figure 40 Basalt Fiber Market: Small And Medium-Sized Enterprises Mapping, 2022 186
10.6.5 Competitive Benchmarking Of Key Start-Ups/Smes 187
Table 255 Basalt Fiber Market: Key Start-Ups/Smes 187
Table 256 Basalt Fiber Market: Competitive Benchmarking Of Key Start-Ups/Smes 188
10.7 Competitive Scenario And Trends 188
Table 257 Basalt Fiber Market: Product Launches/Developments, 2018–2023 189
Table 258 Basalt Fiber Market: Deals, 2018–2023 189

11 Company Profiles 190
11.1 Key Companies 190
(Business Overview, Products/Solutions/Services Offered, Recent Developments, Mnm View)*
11.1.1 Kamenny Vek 190
Table 259 Kamenny Vek: Company Overview 190
Table 260 Kamenny Vek: Products/Solutions/Services Offered 190
Table 261 Kamenny Vek: Product Launches 191
11.1.2 Zhejiang Shijin Basalt Fiber Co., Ltd. (Gbf) 192
Table 262 Zhejiang Shijin Basalt Fiber Co., Ltd. (Gbf): Company Overview 192
Table 263 Zhejiang Shijin Basalt Fiber Co., Ltd. (Gbf): Products/Solutions/Services Offered 192
Table 264 Zhejiang Shijin Basalt Fiber Co., Ltd. (Gbf): Product Launches 193
Table 265 Zhejiang Shijin Basalt Fiber Co., Ltd. (Gbf): Deals 195
11.1.3 Mafic 196
Table 266 Mafic: Company Overview 196
Table 267 Mafic: Products/Solutions/Services Offered 196
 
11.1.4 Technobasalt Invest 198
Table 268 Technobasalt Invest: Company Overview 198
Table 269 Technobasalt Invest: Products/Solutions/Services Offered 198
11.1.5 Isomatex 200
Table 270 Isomatex: Company Overview 200
Table 271 Isomatex: Products/Solutions/Services Offered 200
11.1.6 Incotelogy Gmbh 202
Table 272 Incotelogy Gmbh: Company Overview 202
Table 273 Incotelogy Gmbh: Products/Solutions/Services Offered 202
11.1.7 Sudaglass Fiber Technology 204
Table 274 Sudaglass Fiber Technology: Company Overview 204
Table 275 Sudaglass Fiber Technology: Products/Solutions/Services Offered 204
11.1.8 Basalt Fiber Tech 206
Table 276 Basalt Fiber Tech: Company Overview 206
Table 277 Basalt Fiber Tech: Products/Solutions/Services Offered 206
11.1.9 Basaltex 208
Table 278 Basaltex: Company Overview 208
Table 279 Basaltex: Products/Solutions/Services Offered 208
11.1.10 Jiangsu Tianlong Continuous Basalt Fiber Co., Ltd. 210
Table 280 Jiangsu Tianlong Continuous Basalt Fiber Co., Ltd.: Company Overview 210
Table 281 Jiangsu Tianlong Continuous Basalt Fiber Co., Ltd.: Products/Solutions/Services Offered 210
11.1.11 Armbas 212
Table 282 Armbas: Company Overview 212
Table 283 Armbas: Products/Solutions/Services Offered 212
11.1.12 Deutsche Basalt Faser Gmbh 214
Table 284 Deutsche Basalt Faser Gmbh: Company Overview 214
Table 285 Deutsche Basalt Faser Gmbh: Products/Solutions/Services Offered 214
11.1.13 Basalt Engineering, Llc 216
Table 286 Basalt Engineering, Llc: Company Overview 216
Table 287 Basalt Engineering, Llc: Products/Solutions/Services Offered 216
11.1.14 Final Advanced Materials 218
Table 288 Final Advanced Materials: Company Overview 218
Table 289 Final Advanced Materials: Products/Solutions/Services Offered 218
11.2 Other Players 220
11.2.1 Bastech 220
Table 290 Bastech: Company Overview 220
11.2.2 Sichuan Aerospace Tuoxin Basalt Industrial Co., Ltd. 221
Table 291 Sichuan Aerospace Tuoxin Basalt Industrial Co., Ltd.: Company Overview 221
11.2.3 Asa.Tec Gmbh 221
Table 292 Asa.Tec Gmbh: Company Overview 221
11.2.4 Fiberbas Construction And Building Technologies 222
Table 293 Fiberbas Construction And Building Technologies: Company Overview 222
11.2.5 Sichuan Jumeisheng New Material Technology Co., Ltd. 222
Table 294 Sichuan Jumeisheng New Material Technology Co., Ltd.: Company Overview 222
11.2.6 Zhengzhou Auron Basalt Fiber Co., Ltd. 223
Table 295 Zhengzhou Auron Basalt Fiber Co., Ltd.: Company Overview 223
11.2.7 Ningbo Kaxite Sealing Materials Co., Ltd. 224
Table 296 Ningbo Kaxite Sealing Materials Co., Ltd.: Company Overview 224
11.2.8 Armofib Ltd 224
Table 297 Armofib Ltd: Company Overview 224
11.2.9 Jilin Tongxin Basalt Technology Co., Ltd. 225
Table 298 Jilin Tongxin Basalt Technology Co., Ltd.: Company Overview 225
11.2.10 Nanyang Invech Group 225
Table 299 Nanyang Invech Group: Company Overview 225
*Details On Business Overview, Products/Solutions/Services Offered, Recent Developments, Mnm View Might Not Be Captured In Case Of Unlisted Companies.

12 Appendix 226
12.1 Discussion Guide 226
12.2 Knowledgestore: Marketsandmarkets’ Subscription Portal 229
12.3 Customization Options 231
12.4 Related Reports 231
12.5 Author Details 232

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