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Global Continuous Basalt Fiber Market 2019-2023

Global Continuous Basalt Fiber Market 2019-2023

About Continuous Basalt Fiber

Continuous basalt fiber consists of fine fibers of basalt and is characterized by high tensile strength, which is driving the vendors to incorporate continuous basalt fibers in their end-user products.

Technavio’s analysts forecast the global continuous basalt fiber market to grow at a CAGR of 11.49% during the period 2018-2022.

Covered in this report

The report covers the present scenario and the growth prospects of the global continuous basalt fiber market for 2018-2022. To calculate the market size, the report considers the revenue generated from the sales of continuous basalt fiber during the predicted period.

The market is divided into the following segments based on geography:

  • Americas
  • APAC
  • EMEA
Technavio's report, Global Continuous Basalt Fiber Market 2019-2023, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Key vendors
  • Jiangsu Green Materials Vally New Material T&D
  • JiLin Tongxin Basalt Technology
  • Kamenny Vek
  • Shanxi Basalt Fiber Technology
  • Technobasalt-Invest
Market driver
  • Superior properties of continuous basalt fiber over traditional materials
  • For a full, detailed list, view our report
Market challenge
  • Lack of awareness among end-users
  • For a full, detailed list, view our report
Market trend
  • Increasing renewable power generation
  • For a full, detailed list, view our report
Key questions answered in this report
  • What will the market size be in 2022 and what will the growth rate be?
  • What are the key market trends?
  • What is driving this market?
  • What are the challenges to market growth?
  • Who are the key vendors in this market space?


PRESS RELEASE

Technavio Announces the Publication of its Research Report – Global Continuous Basalt Fiber Market 2019-2023

Technavio recognizes the following companies as the key players in the global continuous basalt fiber market: Jiangsu Green Materials Vally New Material T&D, JiLin Tongxin Basalt Technology, Kamenny Vek, Shanxi Basalt Fiber Technology, and Technobasalt-Invest.

Commenting on the report, an analyst from Technavio’s team said: “The latest trend gaining momentum in the market is the increasing renewable power generation. The global renewable energy capacity is expected to grow significantly by 2021.”

According to the report, one of the major drivers for this market is the superior properties of continuous basalt fiber over traditional materials. It has encouraged vendors in the market to offer continuous basalt fiber solutions for catering the demand from the construction industry.

Further, the report states that one of the major factors hindering the growth of this market is the increased demand for lightweight composite materials in the automotive industry. Lightweight composite materials are extensively used for varied applications as they provide stiffness, lightweight, and superior strength and can be molded into any shape.

Companies Mentioned

Jiangsu Green Materials Vally New Material T&D
JiLin Tongxin Basalt Technology
Kamenny Vek
Shanxi Basalt Fiber Technology
Technobasalt-Invest

  • Executive summary
  • Scope of the report
  • Market landscape
    • Market ecosystem
      • Table Global concrete fiber market
      • Table Segments of global concrete fiber market
    • Market characteristics
      • Table Market characteristics
    • Market segmentation analysis
      • Table Market segments
  • Market sizing
    • Market definition
      • Table Market definition - Inclusions and exclusions checklist
    • Market sizing 2018
      • Table Market size 2018
    • Market size and forecast 2018-2023
      • Table Global market: Size and forecast 2018-2023 ($ millions)
      • Table Global market: Year-over-year growth 2019-2023 (%)
  • Five forces analysis
    • Table Five forces analysis 2018
    • Table Five forces analysis 2023
    • Bargaining power of buyers
      • Table Bargaining power of buyers
    • Bargaining power of suppliers
      • Table Bargaining power of suppliers
    • Threat of new entrants
      • Table Threat of new entrants
    • Threat of substitutes
      • Table Threat of substitutes
    • Threat of rivalry
      • Table Threat of rivalry
    • Market condition
      • Table Market condition - Five forces 2018
  • Market segmentation by application
    • Table Application - Market share 2018-2023 (%)
    • Comparison by application
      • Table Comparison by application
    • Construction - Market size and forecast 2018-2023
      • Table Construction - Market size and forecast 2018-2023 ($ millions)
      • Table Construction - Year-over-year growth 2019-2023 (%)
    • Molding - Market size and forecast 2018-2023
      • Table Molding - Market size and forecast 2018-2023 ($ millions)
      • Table Molding - Year-over-year growth 2019-2023 (%)
    • Electrical and electronics - Market size and forecast 2018- 2023
      • Table Electrical and electronics - Market size and forecast 2018-2023 ($ millions)
      • Table Electrical and electronics - Year-over-year growth 2019-2023 (%)
    • Automotive - Market size and forecast 2018-2023
      • Table Automotive - Market size and forecast 2018-2023 ($ millions)
      • Table Global automobile production (unit millions)
      • Table Automotive - Year-over-year growth 2019-2023 (%)
    • Others - Market size and forecast 2018-2023
      • Table Others - Market size and forecast 2018-2023 ($ millions)
      • Table Others - Year-over-year growth 2019-2023 (%)
    • Market opportunity by application
      • Table Market opportunity by application
  • Customer landscape
    • Table Customer landscape
  • Geographic landscape
    • Geographic segmentation
      • Table Market share by geography 2018-2023 (%)
    • Geographic comparison
      • Table Geographic comparison
    • Americas - Market size and forecast 2018-2023
      • Table Americas - Market size and forecast 2018-2023 ($ millions)
      • Table Americas - Year-over-year growth 2019-2023 (%)
    • EMEA - Market size and forecast 2018-2023
      • Table EMEA - Market size and forecast 2018-2023 ($ millions)
      • Table EMEA - Year-over-year growth 2019-2023 (%)
    • APAC - Market size and forecast 2018-2023
      • Table APAC - Market size and forecast 2018-2023 ($ millions)
      • Table APAC - Year-over-year growth 2019-2023 (%)
    • Key leading countries
      • Table Key leading countries
    • Market opportunity
      • Table Market opportunity
  • Decision framework
  • Drivers and challenges
    • Market drivers
      • Table Growth in the US construction sector 2011-2016 (cumulative)
    • Market challenges
      • Table Impact of drivers and challenges
  • Market trends
    • Increasing renewable power generation
      • Table Top 10 installed wind energy capacity January-December 2017
    • Increasing demand for sustainable building materials
    • Use of basalt fiber in 3D printing
  • Vendor landscape
    • Overview
      • Table Vendor landscape
    • Landscape disruption
      • Table Landscape disruption
  • Vendor analysis
    • Vendors covered
      • Table Vendors covered
    • Vendor classification
      • Table Vendor classification
    • Market positioning of vendors
      • Table Market positioning of vendors
    • Jiangsu Green Materials Vally New Material T&D
      • Table Jiangsu Green Materials Vally New Material T&D - Vendor overview
      • Table Jiangsu Green Materials Vally New Material T&D - Business segments
      • Table Jiangsu Green Materials Vally New Material T&D - Key offerings
    • JiLin Tongxin Basalt Technology
      • Table JiLin Tongxin Basalt Technology - Vendor overview
      • Table JiLin Tongxin Basalt Technology - Business segments
      • Table JiLin Tongxin Basalt Technology - Organizational developments
      • Table JiLin Tongxin Basalt Technology - Key offerings
    • Kamenny Vek
      • Table Kamenny Vek - Vendor overview
      • Table Kamenny Vek - Business segments
      • Table Kamenny Vek - Key offerings
    • Shanxi Basalt Fiber Technology
      • Table Shanxi Basalt Fiber Technology - Vendor overview
      • Table Shanxi Basalt Fiber Technology - Business segments
      • Table Shanxi Basalt Fiber Technology - Key offerings
    • Technobasalt-Invest
      • Table Technobasalt-Invest - Vendor overview
      • Table Technobasalt-Invest - Business segments
      • Table Technobasalt-Invest - Key offerings
  • Appendix
    • List of abbreviations
    • Research methodology
  • Explore Technavio

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