Global Continuous Basalt Fiber Market 2015-2019

About continuous basalt fiber
Continuous basalt fibers are produced by melting basalt rocks at high temperature and extruding them through small nozzles. Continuous basalt fibers are gaining popularity owing to their chemical, mechanical, and ecological advantages. Characteristics of continuous basalt fibers include high durability, high thermal resistance, and compatibility with other materials. Applications of continuous basalt fibers include windmill blades, friction materials, basalt geotextile, car headliners, industrial filets, and fire protection.

Continuous basalt fibers are the most preferred among conventional fibers. They have good salt and acid resistance. They can easily resist changes in alkaline environment. In addition, growing demand for continuous basalt fibers from the building and construction industry fuels market growth.

Technavio's analysts forecast the global continuous basalt fiber market to grow at a CAGR of 10.83 % over the period 2014-2019.

Covered in this report
In this report, Technavio covers the present scenario and growth prospects of the global continuous basalt fiber market for 2015-2019. The report considers the revenue generated through the sales of basalt fibers by vendors. The report also presents the vendor landscape and a corresponding detailed analysis of the top seven vendors operating in the market. In addition, the report discusses the major drivers influencing market growth, and the challenges faced by vendors and the market as a whole. It also examines key emerging trends and their influence on current and future market scenarios.

The continuous basalt fiber market is segmented into the following:
• Construction
• Electrical and electronics
• Transportation
• Molding

Key regions
• APAC
• Europe
• North America
• ROW

Key vendors
• Basalt Fiber
• Basaltex
• GMV
• Kamenny
• Mafic
• Shanxi Basalt Fiber Technology
• Technobasalt

Other prominent vendors
• Mudanjiang Jinshi Basalt Fiber
• Sudaglass Fiber Technology
• Yingkou Hongyuan Fiberglass Technology
• Zhejiang GBF Basalt Fiber

Market driver
• Increased preference for continuous basalt fibers
• For a full, detailed list, view our report

Market challenge
• Stiff competition
• For a full, detailed list, view our report

Market trend
• Growing demand from end-user industries
• For a full, detailed list, view our report

Key questions answered in this report
• What will the market size be in 2019 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?
• What are the market opportunities and threats faced by the key vendors?
• What are the strengths and weaknesses of the key vendors?