Basalt Fiber Market – Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2021-2027

The global basalt fiber market is expected to witness significant growth owing to demand from industries such as automotive, building and construction, marine and electronics. It has emerged as a strong competitor for fiber-reinforced composites. Sandland is produced from basalt rock that melts at 1400 degrees Celsius. Basalt fiber is less expensive than glass fiber and is widely used in the automotive and aerospace industries due to its high structural integrity and mechanical properties.

A full report of Basalt Fiber Market available at https://www.orionmarketreports.com/basalt-fiber-market/10173/

Company Profiles

Key players in the market include GMV, Mafic SA, Basaltex, Sudaglass Fiber Technology, Zhejiang GBF Basalt Fiber Co. Ltd, Shanxi Basalt Fiber Technology Co., KamennyVek, Jiang Su Tian Long Continuous Basalt Fiber High-Tech Co.Ltd, and Mineral.

Basalt Fiber Market: Segmentation

By Usage Type

• Composites
• Non-Composites

By Form

• Continuous Basalt Fiber
• Discrete Basalt Fiber

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

(This release has been published on OMR Industry Journal. OMR Industry Journal is not responsible for any content included in this release.)