According to the Regional Research Reports, the Global Continuous and Discrete Non-Metallic Fbers (Basalt Fiber) Market size was valued at million USD in 2021 and reach multi-million USD by 2030, at a CAGR of 8.6% from 2022 to 2030.
The continuous and discrete non-metallic fbers (basalt fiber) market is growing due to the demand and applications from automotive & transportation, construction & infrastructure, wind energy, electrical & electronics, and industries. The superior properties of basalt fibers, such as thermal stability, heat and sound insulation, vibration resistance, and durability, drive their demand. Their non-corrosiveness is also driving the market. In addition, the growing adoption of environmentally and easily recyclable materials acts as a major growth opportunity for the market. However, competition with matured products such as E-glass is restraining the market growth. Factors such as complex manufacturing process, high cost compared to E-glass fibers and promotion of basalt fiber for greater use are challenging market growth.
Regional Research Reports has segmented the global continuous and discrete non-metallic fbers (basalt fiber) market based on type, and application at a regional and global level. Geographically, the research report has considered the five regions: North America, Europe, Asia Pacific, South America, and the Middle East & Africa. Moreover, the research study focuses on the market analysis of the tier-1 countries, such as the USA, China, Germany, India, the UK, Japan, France, Italy, Spain, Russia, South Korea, and other territories.
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(Note: The list of the key market players can be updated with the latest market scenario and trends)
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Report Features
Details
Base Year of the Analysis
2021
Historical Period
2018-2020
Forecast Period
2022-2030
CAGR
8.6%
Segment Coverage
Type, Application, and Region
Region Covered
North America, Europe, Asia Pacific, South America, Middle East, and Africa
Countries Covered
US, Canada, Mexico, Germany, UK, France, Italy, Spain, Russia, Switzerland, Poland, Czech Republic, China, India, Japan, South Korea, Indonesia, Thailand, Malaysia, Singapore, Australia & New Zealand, Brazil, Argentina, Peru, Colombia, UAE, Saudi Arabia, South Africa, Egypt, Qatar
Companies Covered
Kamenny Vek, Zhejiang GBF Basalt Fiber Co., Mafic SA, Technobasalt-Invest LLC, Russian Basalt, ISOMATEX SA, INCOTELOGY GmbH, Sudaglass Basalt Fiber Technology, Shanxi Basalt Fiber Technology Co., Ltd, Mudanjiang Basalt Fiber Co.
Customization Scope
20% Free Customization
Report Price and Purchase Option
Single User License: USD 3150
5-User Enterprise License: USD 4950
Corporate License: USD 7680
Post-Sale Analyst Support
2 Months/60 Days
Delivery Format
PDF and Excel on mail (We also provide the editable version of the report in Word/PPT format on special request with additional charges)
The report is based on analysis through extensive secondary research and primary Interviews.
The secondary data sources include the company website, annual reports, investor presentations, press releases, white papers, journals, certified publications, government websites, and articles from the industry.
Similarly following is the list of a few paid secondary sources/databases,
The primary sources include CXOs, VPs, directors, technology & innovation directors, product managers, and related executives from key organizations from both the supply and demand sides. Similarly, we have also interviewed various end user organizations. We cannot reveal the end-user organizations due to non-disclosure agreements.
For instance, the region forecast is based on extensive secondary research and primary Interviews. We have conducted primary interviews across the regions to get more region-specific insights. Additionally, primary interviews were conducted with independent consultants and subject matter experts in respective regions. These experts were interviewed to obtain qualitative and quantitative information related to the market and validate the research findings and estimations. The primary and secondary data inputs referred for triangulation and forecast for the region segment are as follows,
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