U.S. markets closed

  • S&P 500

    4,411.79
    +44.31 (+1.01%)
     

  • Dow 30

    35,061.55
    +238.20 (+0.68%)
     

  • Nasdaq

    14,836.99
    +152.39 (+1.04%)
     

  • Russell 2000

    2,209.65
    +10.17 (+0.46%)
     

  • Crude Oil

    72.17
    +0.26 (+0.36%)
     

  • Gold

    1,802.10
    -3.30 (-0.18%)
     

  • Silver

    25.24
    -0.14 (-0.56%)
     

  • EUR/USD

    1.1770
    -0.0003 (-0.02%)
     

  • 10-Yr Bond

    1.2860
    +0.0210 (+1.66%)
     

  • GBP/USD

    1.3754
    -0.0013 (-0.10%)
     

  • USD/JPY

    110.5100
    +0.3950 (+0.36%)
     

  • BTC-USD

    33,451.69
    +1,192.85 (+3.70%)
     

  • CMC Crypto 200

    786.33
    -7.40 (-0.93%)
     

  • FTSE 100

    7,027.58
    +59.28 (+0.85%)
     

  • Nikkei 225

    27,548.00
    +159.80 (+0.58%)
     

Continuous Basalt Fiber Market to Grow by USD 135.06 Million in 2021-2025, ARMBASALT CJSC and BASTECH to Emerge as Key Contributors to Market Growth| Technavio

·6 min read

NEW YORK, July 23, 2021 /PRNewswire/ -- The Continuous Basalt Fiber Market report has been added to Technavio's offering. With over 500 specialized analysts, Technavio's report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Our client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies.

Attractive Opportunities in Continuous Basalt Fiber Market - Forecast 2021-2025
Attractive Opportunities in Continuous Basalt Fiber Market - Forecast 2021-2025

The continuous basalt fiber market is poised to grow by USD 135.06 million during 2021-2025, progressing at a CAGR of 11.10% during the forecast period. The report offers an up-to-date analysis regarding the current market scenario, latest trends and drivers, and the overall market environment.

Request Free sample report

Impact of COVID-19

The COVID-19 pandemic continues to transform the growth of various industries, however, the immediate impact of the outbreak is varied. While a few industries will register a drop in demand, numerous others will continue to remain unscathed and show promising growth opportunities. COVID-19 will have a Low impact on the continuous basalt fiber market.

Frequently Asked Questions:

  • Based on segmentation by application, which is the leading segment in the market? The construction segment is expected to be the leading segment based on application in the global market during the forecast period.

  • What are the major trends in the market?
    Rise in building construction activities is one of the major trends in the market.

  • At what rate is the market projected to grow?

  • Growing at a CAGR of 11.10%, the incremental growth of the market is anticipated to be USD 135.06 million.

  • Who are the top players in the market?
    ARMBASALT CJSC, BASTECH, Fiberbas construction and building technologies, HG GBF Basalt Fiber Co. Ltd., INCOTELOGY GmbH, JiLin Tongxin Basalt Technology Co. Ltd., Kamenny Vek, MAFIC, Shanxi Basalt Fiber Technology Co. Ltd., and Technobasalt-Invest LLC are some of the major market participants.

  • What are the key market drivers and challenges?
    Superior properties of continuous basalt fiber over traditional materials is one of the major factors driving the market. However, the increased demand for lightweight composite materials in the automotive industry restraints the market growth.

  • How big is the North America market?
    The North America region will contribute to 36% of market growth.

Related Reports on Consumer Discretionary Include:

Carbon Fiber Market by End-user and Geography - Forecast and Analysis 2021-2025

Polypropylene Fiber Market by End-user and Geography - Forecast and Analysis 2021-2025

Buy 1 Technavio report and get the second for 50% off. Buy 2 Technavio reports and get the third for free.
View market snapshot before purchasing

The market is fragmented, and the degree of fragmentation will accelerate during the forecast period. ARMBASALT CJSC, BASTECH, Fiberbas construction and building technologies, HG GBF Basalt Fiber Co. Ltd., INCOTELOGY GmbH, JiLin Tongxin Basalt Technology Co. Ltd., Kamenny Vek, MAFIC, Shanxi Basalt Fiber Technology Co. Ltd., and Technobasalt-Invest LLC are some of the major market participants.

The superior properties of continuous basalt fiber over traditional materials will offer immense growth opportunities. In a bid to help players strengthen their market foothold, this continuous basalt fiber market forecast report provides a detailed analysis of the leading market vendors. The report also empowers industry honchos with information on the competitive landscape and insights into the different product offerings offered by various companies.

Technavio's custom research reports offer detailed insights on the impact of COVID-19 at an industry level, a regional level, and subsequent supply chain operations. This customized report will also help clients keep up with new product launches in direct & indirect COVID-19 related markets, upcoming vaccines and pipeline analysis, and significant developments in vendor operations and government regulations.

Continuous Basalt Fiber Market 2021-2025: Segmentation

Continuous Basalt Fiber Market is segmented as below:

  • Application

  • Geography

To learn more about the global trends impacting the future of market research, download a free sample:

https://www.technavio.com/talk-to-us?report=IRTNTR44641

Continuous Basalt Fiber Market 2021-2025: Scope

Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources. The continuous basalt fiber market report covers the following areas:

  • Continuous Basalt Fiber Market Size

  • Continuous Basalt Fiber Market Trends

  • Continuous Basalt Fiber Market Analysis

This study identifies the rise in building construction activities as one of the prime reasons driving the continuous basalt fiber market growth during the next few years.

Technavio suggests three forecast scenarios (optimistic, probable, and pessimistic) considering the impact of COVID-19. Technavio's in-depth research has direct and indirect COVID-19 impacted market research reports.
Register for a free trial today and gain instant access to 17,000+ market research reports.
Technavio's SUBSCRIPTION platform

Continuous Basalt Fiber Market 2021-2025: Key Highlights

  • CAGR of the market during the forecast period 2021-2025

  • Detailed information on factors that will assist continuous basalt fiber market growth during the next five years

  • Estimation of the continuous basalt fiber market size and its contribution to the parent market

  • Predictions on upcoming trends and changes in consumer behavior

  • The growth of the continuous basalt fiber market across North America, Europe, APAC, South America, and MEA

  • Analysis of the market's competitive landscape and detailed information on vendors

  • Comprehensive details of factors that will challenge the growth of continuous basalt fiber market vendors

Table of Contents:

Executive Summary

Market Landscape

  • Market ecosystem

  • Value chain analysis

Market Sizing

  • Market definition

  • Market segment analysis

  • Market size 2020

  • Market outlook: Forecast for 2020 - 2025

Five Forces Analysis

  • Bargaining power of buyers

  • Bargaining power of suppliers

  • Threat of new entrants

  • Threat of substitutes

  • Threat of rivalry

  • Market condition

Market Segmentation by Application

  • Market segments

  • Comparison by Application

  • Construction - Market size and forecast 2020-2025

  • Molding - Market size and forecast 2020-2025

  • Market opportunity by Application

Customer landscape

Geographic Landscape

  • Geographic segmentation

  • Geographic comparison

  • North America - Market size and forecast 2020-2025

  • Europe - Market size and forecast 2020-2025

  • APAC - Market size and forecast 2020-2025

  • South America - Market size and forecast 2020-2025

  • MEA - Market size and forecast 2020-2025

  • Key leading countries

  • Market opportunity by geography

  • Market drivers

  • Market challenges

  • Market trends

Vendor Landscape

  • Overview

  • Vendor landscape

  • Landscape disruption

Vendor Analysis

  • Vendors covered

  • Market positioning of vendors

  • ARMBASALT CJSC

  • BASTECH

  • Fiberbas construction and building technologies

  • HG GBF Basalt Fiber Co. Ltd.

  • INCOTELOGY GmbH

  • JiLin Tongxin Basalt Technology Co. Ltd.

  • Kamenny Vek

  • MAFIC

  • Shanxi Basalt Fiber Technology Co. Ltd.

  • Technobasalt-Invest LLC

Appendix

  • Scope of the report

  • Currency conversion rates for US$

  • Research methodology

  • List of abbreviations

About Us
Technavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio's report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio's comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

Contact
Technavio Research
Jesse Maida
Media & Marketing Executive
US: +1 844 364 1100
UK: +44 203 893 3200
Email: media@technavio.com
Website: www.technavio.com/
Report: https://www.technavio.com/talk-to-us?report=IRTNTR44641

Technavio (PRNewsfoto/Technavio)
Technavio (PRNewsfoto/Technavio)
Cision
Cision

View original content to download multimedia:https://www.prnewswire.com/news-releases/continuous-basalt-fiber-market-to-grow-by-usd-135-06-million-in-2021-2025--armbasalt-cjsc-and-bastech-to-emerge-as-key-contributors-to-market-growth-technavio-301340083.html

SOURCE Technavio

Recommended Stories

  • Slack Acquisition Bolsters Allure of Salesforce Stock

    RESEARCH REPORTS These reports, excerpted and edited by Barron’s, were issued recently by investment and research firms. The reports are a sampling of analysts’ thinking; they should not be considered the views or recommendations of Barron’s.

  • Boston Beer falls flat on Q2 earnings miss, weak hard seltzers sales

    Myles Udland, Brian Sozzi, and Julie Hyman break down Boston Beer Company’s Q2 earnings, which missed estimates due to overestimating the demand of hard seltzer from consumers causing the company to lower full-year guidance.

  • Why Rolls-Royce is shutting down for a fortnight

    Much of Derby’s industry has fallen silent as Rolls-Royce’s civil aerospace business begins a two-week shutdown. The break, the first the company has had since at least the 1980s, is hoped to stem heavy losses faced by the aerospace giant since the start of the pandemic. Coronavirus has caused a collapse in air travel, with long-haul routes serviced by the wide-body airliners hit the hardest. On Friday, 10,000 UK staff – mostly in Derby, but also at plants in Bristol, Washington and Inchinnan –

  • Volkswagen to Warren Buffett’s Berkshire Hathaway: We plan to sue you over Dieselgate

    The dispute adds a juicy new twist to the five-year-old scandal.

  • A Record 3.8 Million Workers Quit Their Jobs in April 2021: Who Are They?

    In April 2020, the U.S. unemployment rate increased by 10.3 percentage points to 14.7%, the highest rate and largest month-to-month increase in the history of this data since the Bureau of Labor Statistics first recorded it in January 1948. A … Continue reading → The post A Record 3.8 Million Workers Quit Their Jobs in April 2021: Who Are They? appeared first on SmartAsset Blog.

  • Car chip shortage to abate, smartphones could be next: industry execs

    The semiconductor shortage that has gripped the world could last well into 2022 and hit smartphone production next, foreshadowing deficient supply for a range of appliances and industrial equipment, industry executives and an economist said. The automotive sector has suffered the most this year but supply to the sector could improve relatively soon, with China taking up some production demand that Taiwan could not meet, ING Greater China chief economist Iris Pang told Reuters Global Markets Forum this week. Taiwanese semiconductor companies have boosted production in China as blackouts and ongoing COVID-19 social distancing measures disrupted factory output and port operations in Taiwan, she said.

  • Global supply chains buckle as virus variant and disasters strike

    Events have conspired to drive global supply chains towards breaking point, threatening the fragile flow of raw materials, parts and consumer goods, according to companies, economists and shipping specialists. The Delta variant of the coronavirus has devastated parts of Asia and prompted many nations to cut off land access for sailors.

  • 2 Monster Stocks in the Making

    Many stockholders invest in the hope of finding stocks that later deliver outsized returns. Innovative Industrial is a unique take on real estate investment trusts (REITs): It acquires and leases facilities for cannabis production to marijuana companies. Additionally, it provides another essential need that smart investors know well.

  • Warren Buffett Has Gained Over $181 Billion on These 5 Stocks

    Berkshire Hathaway (NYSE: BRK.A)(NYSE: BRK.B) CEO Warren Buffett is arguably in a class of his own when it comes to investing legends. Since taking the helm of Berkshire Hathaway in 1965, the Oracle of Omaha has led his stock to an average annual return of 20%. Taking into account the 20% year-to-date gain for Berkshire's Class A shares (BRK.A), shareholders have seen Buffett generate aggregate returns of almost 3,400,000% in 56 years.

  • California sues Activision Blizzard, Democrats look to crackdown on health misinformation

    Yahoo Finance’s Dan Howley reports on the lawsuit against Activision Blizzard regarding harassment allegations and the proposed ‘The Health Misinformation Act’ bill by two U.S. Democratic Senators aiming to combat health misinformation on social media platforms.

  • Protein pinch: China's soybean imports to slow over rest of 2021 on curbed meal use

    China's soybean imports are set to slow sharply in late 2021 from a record first-half tally, confounding expectations for sustained growth from the top global buyer and denting market sentiment just as U.S. farmers look to sell their new crop. A collapse in hog sector profitability and a sharp rise in wheat feed use are crimping demand in China, where imports this year may now be less than 100 million tonnes, compared with a recent U.S. forecast of 102 million tonnes. As China accounts for 60% of global soybean imports, its diminished appetite - just as U.S. farmers pull in what is projected to be their third-largest harvest ever - stands to add further volatility to the critical crop, which rallied to nine-year highs this year.

  • Activision Blizzard harassment scandal: 'As bad as described,' ex-employee says

    Former female employees of Activision Blizzard (ATVI) are coming forward after a California state agency filed a civil rights lawsuit against the gaming giant alleging widespread sexual harassment and gender and racial discrimination.

  • If Gap Spins Off Athleta, It Would Be a Big Mistake

    Following news that workout apparel brand Fabletics was hiring banks and advisors in preparation for an initial public offering, speculation emerged that Gap (NYSE: GPS) might want to spin off its similarly situated Athleta brand. Athleta is arguably the hottest property the retailer owns at the moment, and the one demonstrating the greatest growth potential. While Athleta would be an interesting investment on its own, Gap itself could be mired in mediocrity as a result of the split.

  • Bitcoin ATMs to Invade Circle K Convenience Stores

    Crypto kiosk company Bitcoin Depot plans to hit “thousands” of locations with 700 units already installed.

  • While many are looking for work, some older workers are jumping at the chance for a new start

    Plenty of people over 50 are part of 'The Big Quit,' and heading for better jobs, starting their own ventures or simply retiring.

  • Schlumberger Is a ‘Self-Help’ Winner. Earnings Show Slimming Down Can Work.

    A strong quarter for energy companies means the bar is higher for companies reporting their results. Schlumberger appears to have easily leapt the hurdle.

  • Analysis-China crackdown could knock crude oil import growth to 20-year low

    Beijing's crackdown on the misuse of import quotas combined with the impact of high crude prices could see China's growth in oil imports sink to the lowest in two decades in 2021, despite an expected rise in refining rates in the second half. Shipments into the world's top crude importer and No. 2 refiner could be steady, or increase by up to 2% to just over 11 million barrels per day (bpd) this year, consultancies Energy Aspects, Rystad Energy and Independent Commodity Intelligence Services (ICIS) found. That compares to an average annual import growth rate of 9.7% since 2015, and would be the slowest growth since 2001, China customs data showed.

  • Oil Ekes Out Weekly Gain as Demand Rebound Offsets Virus Fears

    (Bloomberg) -- Oil squeezed out its first weekly gain in three on signs that global demand is holding up despite concerns that the renewed spread of the virus could stall the recovery. Futures in New York rose 0.2% this week, completely recouping a selloff on Monday that was stoked by the rapidly spreading delta variant. Fuel demand and road traffic from the U.S. to Asia and Europe remains resilient, underscoring expectations that the recovery hasn’t been derailed and global inventories will con

  • Facing antitrust bull’s-eye, Google stock still at record highs because ad sales are sizzling

    Alphabet Inc. is the most vulnerable Big Tech company on the regulatory front, but don't expect that to matter Tuesday, when the search giant reports second-quarter financial results.

  • News and analysis for those planning for or living in retirement

    Having millions of dollars saved is a great way to enter an early retirement, but even people with that amount of money need a few pointers before they exit the workforce. This is the latest acquisition for the retirement investment firm. Panama or Portugal: Which expat favorite is right for your retirement?