According to Gen Consulting Company, global basalt fiber market is projected to grow at a CAGR of 5.79% during the forecast period 2020-2026.

The report offers a breakdown of market shares by application, including Building & Construction, Automotive, Industrial. On the basis of region, the basalt fiber industry is analyzed across North America, Europe, Asia-Pacific, South America and MEA (the Middle East, and Africa).

By Application:

  • Building & Construction
  • Automotive
  • Industrial



By region, the market is analyzed across North America, Asia Pacific, Europe, Middle East & Africa and South America. This report forecasts revenue growth at global, regional & country level from 2020 to 2026.

  • North America (U.S., Canada, Mexico, etc.)
  • Asia-Pacific (China, Japan, India, Korea, Australia, Indonesia, Taiwan, Thailand, etc.)
  • Europe (Germany, UK, France, Italy, Russia, Spain, etc.)
  • Middle East & Africa (Turkey, Saudi Arabia, Iran, Egypt, Nigeria, UAE, Israel, South Africa, etc.)
  • South America (Brazil, Argentina, Colombia, Chile, Venezuela, Peru, etc.)



The market research report covers the analysis of key stake holders of the basalt fiber market. Some of the leading players profiled in the report include:

  • Company Mineral 7
  • HG GBF Basalt Fiber Co., Ltd.
  • INCOTELOGY GmbH
  • ISOMATEX S.A.
  • Jiangsu GMV New Materials Technology Development Co., Ltd.
  • Jiangsu Tianlong Continuous Basalt Fiber Co., Ltd.
  • Jilin Tongxin Basalt Technology Co., Ltd.
  • Kamenny Vek
  • Mafic Inc.
  • Shanxi Basalt Fibre Technology Co., Ltd.
  • Sichuan Aerospace Tuoxin Basalt Industry Co., Ltd.
  • Sudaglass Fiber Technology Inc.
  • Technobasalt-Invest LLC


*list is not exhaustive, request free sample to get a complete list of companies

The base year of the study is 2019, and forecasts run up to 2026.

Research Objective

  • To analyze and forecast the market size of global basalt fiber market.
  • To classify and forecast global basalt fiber market based on application.
  • To identify drivers and challenges for global basalt fiber market.
  • To examine competitive developments such as mergers & acquisitions, agreements, collaborations and partnerships, etc., in global basalt fiber market.
  • To conduct pricing analysis for global basalt fiber market.
  • To identify and analyze the profile of leading players operating in global basalt fiber market.



The report is useful in providing answers to several critical questions that are important for the industry stakeholders such as manufacturers and partners, end users, etc., besides allowing them in strategizing investments and capitalizing on market opportunities. Key target audience are:

  • Manufacturers of basalt fiber
  • Raw material suppliers
  • Market research and consulting firms
  • Government bodies such as regulating authorities and policy makers
  • Organizations, forums and alliances related to basalt fiber