Basalt Fiber Market Size, Top Trends in 2020 - Global Industry Revenue, Forecast to 2026

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The global basalt fiber market is expected to reach USD 447.6 Million by 2026, according to a new report by Reports and Data. Basalt, a kind of igneous rock, is formed by the fast cooling of lava at the surface of the earth. 

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Further key findings from the report suggest

  • The Asia Pacific is forecasted to be the fastest-growing region in the market attributed to the presence of a large number of market players and increasing production capacity. Growing awareness pertaining to sustainable living and environment-friendly materials in infrastructure, aerospace, and other industries is projected to drive the market demand in the region.
  • Key participants include Kamenney VEK, Zhejiang GFB Basalt Fiber Co., Mafic SA, Technobasalt-Invest LLC, Russian Basalt, ISOMATEX S.A., INCOTELOGY GmbH, Sudaglass Basalt Fiber Technology, Shanxi Basalt Fiber Technology Co. Ltd., and Mudanjiang Jinshi Basalt Fiber Co. Ltd, among others.

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For the purpose of this report, Reports and Data have segmented the global basalt fiber market on the basis of product type, form, usage type, application, and region:

Product Type Outlook (Volume, Kilo Tons; 2016-2026 and Revenue, USD Million; 2016-2026)

  • Fabric
  • Roving
  • Chopped Strands
  • Mesh & Grids
  • Others

Form Outlook (Volume, Kilo Tons; 2016-2026 and Revenue, USD Million; 2016-2026)

  • Continuous
  • Discrete

Usage Type Outlook (Volume, Kilo Tons; 2016-2026 and Revenue, USD Million; 2016-2026)

  • Composite
  • Non-Composite

Application Outlook (Volume, Kilo Tons; 2016-2026 and Revenue, USD Million; 2016-2026)

  • Construction
  • Automotive
  • Aerospace & Defense
  • Electrical & Electronics
  • Chemical
  • Marine
  • Others

Regional Outlook (Volume, Kilo Tons; 2016-2026 and Revenue, USD Million; 2016-2026)

  • North America
    • U.S.
  • Europe
    • UK
    • France
  • Asia Pacific
    • China
    • India
    • Japan
  • Latin America
    • Brazil
  • MEA

To identify the key trends in the industry, click on the link below: https://www.reportsanddata.com/report-detail/basalt-fiber-market

About Us:

Reports and Data is a market research and consulting company that provides syndicated research reports, customized research reports, and consulting services. Our solutions purely focus on your purpose to locate, target and analyze consumer behavior shifts across demographics, across industries and help client’s make a smarter business decision. We offer market intelligence studies ensuring relevant and fact-based research across a multiple industries including Healthcare, Technology, Chemicals, Power and Energy. We consistently update our research offerings to ensure our clients are aware about the latest trends existent in the market.

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