Latest Update: Impact of current COVID-19 situation has been considered in this report while making the analysis.
Global Basalt Continuous Filament Market by Type (Centrifugal-blowing, Centrifugal-multiroll, Die-blowing), By Application (Construction, Electrical and Electronics, Transportation, Molding) And By Region (North America, Latin America, Europe, Asia Pacific and Middle East & Africa), Forecast From 2022 To 2030-report

Global Basalt Continuous Filament Market by Type (Centrifugal-blowing, Centrifugal-multiroll, Die-blowing), By Application (Construction, Electrical and Electronics, Transportation, Molding) And By Region (North America, Latin America, Europe, Asia Pacific and Middle East & Africa), Forecast From 2022 To 2030

Report ID: 145728 3300 Chemical & Material 377 242 Pages 4.5 (41)

Market Overview:

Basalt continuous filament market is estimated to grow at a CAGR of XX% during the forecast period from 2018 to 2030. Basalt continuous filament is made up of basalt, which is a volcanic rock. It has high strength and stiffness, and low thermal expansion coefficient. These properties make it suitable for various applications such as construction, electrical and electronics, transportation, molding etc. The global basalt continuous filament market was valued at $XX million in 2017 and is projected to reach $XX million by 2030. The global basalt continuous filament market can be segmented on the basis of type into centrifugal-blowing type, centrifugal-multiroll type and die-blowing type. On the basis of application, the market can be segmented into construction industry, electrical and electronics industry transportation industry etc. Geographically, the global basalt continuous filament market can be segmented into North America (U.S., Canada), Latin America (Mexico), Europe (Germany France Italy Spain U K), Asia Pacific (China Japan India South Korea) Middle East & Africa(Saudi Arabia UAE Qatar South Africa).

Global Basalt Continuous Filament Industry Outlook

Product Definition:

Basalt continuous filament is a fiber made from basalt, which is a type of igneous rock. Basalt continuous filament has many applications, including in composites, insulation, and reinforcements. It is prized for its high strength-to-weight ratio and resistance to heat and corrosion.


Centrifugal-blown film industry is a type of continuous filament production process, which involves the use of centrifugal force for the purpose of drawing fiber. The fibers produced by this process are called as centrifugal fibers or spinning fiber and they have several superior properties such as high strength, elasticity and low thermal expansion.


Centrifugal-multiroll is a process of manufacturing continuous filaments by using centrifugal casting method. The multiroll uses two or more sets of rollers placed at different distances from each other to form an elongated hollow tube. As the material is forced into the tube, it is spun around and wound onto a spool.

Application Insights:

The construction application segment led the global basalt continuous filament market in 2017 and is projected to witness significant growth over the forecast period. The product is widely used in residential, commercial, and infrastructure projects owing to its superior mechanical properties. In addition, it has a high compressive strength which makes it ideal for use as reinforcement in concrete structures.

The electrical & electronics segment accounted for 15.9% of the revenue share in 2017 owing to rising demand from semiconductor manufacturing facilities across China, Taiwan, South Korea Japan along with other Southeast Asian countries such as Malaysia Thailand Indonesia Vietnam etcetera). The filaments are used as an alternative to metal wire due to their lightweight property which reduces overall plant costs thereby lowering prices offered by consumers thus increasing penetration rate of basalt continuous filaments within electrical & electronics industry globally over the forecast period.

Regional Analysis:

Asia Pacific dominated the global market in 2017 and is expected to continue its dominance over the forecast period. The regional growth can be attributed to increasing industrialization, rapid urbanization, and rising per capita income of consumers. Moreover, growing infrastructure activities are anticipated to drive product demand in this region.

The Asia Pacific basalt continuous filament industry is characterized by a large number of manufacturers based out of China owing to cheap labor costs coupled with easy availability of raw materials at low prices as compared to other regions. In addition, India has witnessed an increase in manufacturing facilities due to favorable government policies encouraging foreign investments along with various FDI projects undertaken by companies such as Welspun Energy Group and Jyothi Lakshmi Mills Ltd., which will further propel industry expansion over the next eight years.

Growth Factors:

  • Increasing demand for lightweight and high-performance materials in automotive and aerospace industries
  • Growing popularity of basalt fiber reinforced composites in construction and infrastructure sectors
  • Rising demand for thermal insulation products made from basalt fiber
  • Proliferation of advanced manufacturing technologies that can produce high-quality basalt fibers at low cost
  • Growing awareness about the benefits of using basalt fiber products among consumers

Scope Of The Report

Report Attributes

Report Details

Report Title

Basalt Continuous Filament Market Research Report

By Type

Centrifugal-blowing, Centrifugal-multiroll, Die-blowing

By Application

Construction, Electrical and Electronics, Transportation, Molding

By Companies

Basaltex, Jiangsu GMV, Kamenny Vek, Mafic, Shanxi Basalt Fiber Technology, Technobasalt, Mudanjiang Jinshi Basalt Fiber, Sudaglass Fiber Technology, Yingkou Hongyuan Fiberglass Technology

Regions Covered

North America, Europe, APAC, Latin America, MEA

Base Year


Historical Year

2019 to 2020 (Data from 2010 can be provided as per availability)

Forecast Year


Number of Pages


Number of Tables & Figures


Customization Available

Yes, the report can be customized as per your need.

Global Basalt Continuous Filament Market Report Segments:

The global Basalt Continuous Filament market is segmented on the basis of:


Centrifugal-blowing, Centrifugal-multiroll, Die-blowing

The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.


Construction, Electrical and Electronics, Transportation, Molding

The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.

Some of the companies that are profiled in this report are:

  1. Basaltex
  2. Jiangsu GMV
  3. Kamenny Vek
  4. Mafic
  5. Shanxi Basalt Fiber Technology
  6. Technobasalt
  7. Mudanjiang Jinshi Basalt Fiber
  8. Sudaglass Fiber Technology
  9. Yingkou Hongyuan Fiberglass Technology

Global Basalt Continuous Filament Market Overview

Highlights of The Basalt Continuous Filament Market Report:

  1. The market structure and projections for the coming years.
  2. Drivers, restraints, opportunities, and current trends of market.
  3. Historical data and forecast.
  4. Estimations for the forecast period 2030.
  5. Developments and trends in the market.
  6. By Type:

    1. Centrifugal-blowing
    2. Centrifugal-multiroll
    3. Die-blowing
  1. By Application:

    1. Construction
    2. Electrical and Electronics
    3. Transportation
    4. Molding
  1. Market scenario by region, sub-region, and country.
  2. Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
  3. Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
  4. Government Policies, Macro & Micro economic factors are also included in the report.

We have studied the Basalt Continuous Filament Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.

Regional Analysis

  • North America
  • Europe
  • Asia Pacific
  • Middle East & Africa
  • Latin America

Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.

The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.

How you may use our products:

  • Correctly Positioning New Products
  • Market Entry Strategies
  • Business Expansion Strategies
  • Consumer Insights
  • Understanding Competition Scenario
  • Product & Brand Management
  • Channel & Customer Management
  • Identifying Appropriate Advertising Appeals

Global Basalt Continuous Filament Market Statistics

8 Reasons to Buy This Report

  1. Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
  2. Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
  3. Implemented Robust Methodology to Prepare the Report
  4. Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
  5. Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
  6. Provides Information About the Top-winning Strategies Implemented by Industry Players.
  7. In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
  8. Customization of the Report Available

Frequently Asked Questions?

Basalt Continuous Filament is a type of 3D printing filament made from basalt. Basalt is a volcanic rock that can be easily melted and extruded into filaments. This filament is ideal for use with 3D printers that use thermoplastics, as it has good strength and heat resistance.

Some of the key players operating in the basalt continuous filament market are Basaltex, Jiangsu GMV, Kamenny Vek, Mafic, Shanxi Basalt Fiber Technology, Technobasalt, Mudanjiang Jinshi Basalt Fiber, Sudaglass Fiber Technology, Yingkou Hongyuan Fiberglass Technology.

1. Executive Summary

2. Assumptions and Acronyms Used

3. Research Methodology

4. Basalt Continuous Filament Market Overview
   4.1. Introduction
      4.1.1. Market Taxonomy
      4.1.2. Market Definition
   4.2. Macro-Economic Factors
      4.2.1. Industry Outlook
   4.3. Basalt Continuous Filament Market Dynamics
      4.3.1. Market Drivers
      4.3.2. Market Restraints
      4.3.3. Opportunity
      4.3.4. Market Trends
   4.4. Basalt Continuous Filament Market - Supply Chain
   4.5. Global Basalt Continuous Filament Market Forecast
      4.5.1. Basalt Continuous Filament Market Size (US$ Mn) and Y-o-Y Growth
      4.5.2. Basalt Continuous Filament Market Size (000’ Units) and Y-o-Y Growth
      4.5.3. Basalt Continuous Filament Market Absolute $ Opportunity

5. Global Basalt Continuous Filament Market Analysis and Forecast by Type
   5.1. Market Trends
   5.2. Introduction
      5.2.1. Basis Point Share (BPS) Analysis by Type
      5.2.2. Y-o-Y Growth Projections by Type
   5.3. Basalt Continuous Filament Market Size and Volume Forecast by Type
      5.3.1. Centrifugal-blowing
      5.3.2. Centrifugal-multiroll
      5.3.3. Die-blowing
   5.4. Absolute $ Opportunity Assessment by Type
   5.5. Market Attractiveness/Growth Potential Analysis by Type

6. Global Basalt Continuous Filament Market Analysis and Forecast by Application
   6.1. Market Trends
   6.2. Introduction
      6.2.1. Basis Point Share (BPS) Analysis by Application
      6.2.2. Y-o-Y Growth Projections by Application
   6.3. Basalt Continuous Filament Market Size and Volume Forecast by Application
      6.3.1. Construction
      6.3.2. Electrical and Electronics
      6.3.3. Transportation
      6.3.4. Molding
   6.4. Absolute $ Opportunity Assessment by Application
   6.5. Market Attractiveness/Growth Potential Analysis by Application

7. Global Basalt Continuous Filament Market Analysis and Forecast by Sales Channel
   7.1. Market Trends
   7.2. Introduction
      7.2.1. Basis Point Share (BPS) Analysis by Sales Channel 
      7.2.2. Y-o-Y Growth Projections by Sales Channel
   7.3. Basalt Continuous Filament Market Size and Volume Forecast by Sales Channel 
      7.3.1. Manufacturer/Distributor/Service Provider
      7.3.2. Aftermarket
   7.4. Absolute $ Opportunity Assessment by Sales Channel
   7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel

8. Global Basalt Continuous Filament Market Analysis and Forecast by Region
   8.1. Market Trends
   8.2. Introduction
      8.2.1. Basis Point Share (BPS) Analysis by Region
      8.2.2. Y-o-Y Growth Projections by Region
   8.3. Basalt Continuous Filament Market Size and Volume Forecast by Region
      8.3.1. North America
      8.3.2. Latin America
      8.3.3. Europe
      8.3.4. Asia Pacific
      8.3.5. Middle East and Africa (MEA)
   8.4. Absolute $ Opportunity Assessment by Region
   8.5. Market Attractiveness/Growth Potential Analysis by Region
   8.6. Global Basalt Continuous Filament Demand Share Forecast, 2019-2026

9. North America Basalt Continuous Filament Market Analysis and Forecast
   9.1. Introduction
      9.1.1. Basis Point Share (BPS) Analysis by Country
      9.1.2. Y-o-Y Growth Projections by Country
   9.2. North America Basalt Continuous Filament Market Size and Volume Forecast by Country
      9.2.1. U.S.
      9.2.2. Canada
   9.3. Absolute $ Opportunity Assessment by Country
   9.4. North America Basalt Continuous Filament Market Size and Volume Forecast by Application
      9.4.1. Construction
      9.4.2. Electrical and Electronics
      9.4.3. Transportation
      9.4.4. Molding
   9.5. Basis Point Share (BPS) Analysis by Application
   9.6. Y-o-Y Growth Projections by Application
   9.7. North America Basalt Continuous Filament Market Size and Volume Forecast by Type
      9.7.1. Centrifugal-blowing
      9.7.2. Centrifugal-multiroll
      9.7.3. Die-blowing
   9.8. Basis Point Share (BPS) Analysis by Type
   9.9. Y-o-Y Growth Projections by Type
   9.10. Market Attractiveness/Growth Potential Analysis
      9.10.1. By Country
      9.10.2. By Product Type
      9.10.3. By Application
      9.10.4. By Sales Channel
   9.11. North America Basalt Continuous Filament Demand Share Forecast, 2019-2026

10. Latin America Basalt Continuous Filament Market Analysis and Forecast
   10.1. Introduction
      10.1.1. Basis Point Share (BPS) Analysis by Country
      10.1.2. Y-o-Y Growth Projections by Country
      10.1.3. Latin America Average Pricing Analysis
   10.2. Latin America Basalt Continuous Filament Market Size and Volume Forecast by Country
      10.2.1. Brazil
      10.2.2. Mexico
      10.2.3. Rest of Latin America
   10.3. Absolute $ Opportunity Assessment by Country
   10.4. Latin America Basalt Continuous Filament Market Size and Volume Forecast by Application
      10.4.1. Construction
      10.4.2. Electrical and Electronics
      10.4.3. Transportation
      10.4.4. Molding
   10.5. Basis Point Share (BPS) Analysis by Application
   10.6. Y-o-Y Growth Projections by Application
   10.7. Latin America Basalt Continuous Filament Market Size and Volume Forecast by Type
      10.7.1. Centrifugal-blowing
      10.7.2. Centrifugal-multiroll
      10.7.3. Die-blowing
   10.8. Basis Point Share (BPS) Analysis by Type
   10.9. Y-o-Y Growth Projections by Type
   10.10. Market Attractiveness/Growth Potential Analysis
      10.10.1. By Country
      10.10.2. By Product Type
      10.10.3. By Application
      10.10.4. By Sales Channel
   10.11. Latin America Basalt Continuous Filament Demand Share Forecast, 2019-2026

11. Europe Basalt Continuous Filament Market Analysis and Forecast
   11.1. Introduction
      11.1.1. Basis Point Share (BPS) Analysis by Country
      11.1.2. Y-o-Y Growth Projections by Country
      11.1.3. Europe Average Pricing Analysis
   11.2. Europe Basalt Continuous Filament Market Size and Volume Forecast by Country
      11.2.1. Germany
      11.2.2. France
      11.2.3. Italy
      11.2.4. U.K.
      11.2.5. Spain
      11.2.6. Russia
      11.2.7. Rest of Europe
   11.3. Absolute $ Opportunity Assessment by Country
   11.4. Europe Basalt Continuous Filament Market Size and Volume Forecast by Application
      11.4.1. Construction
      11.4.2. Electrical and Electronics
      11.4.3. Transportation
      11.4.4. Molding
   11.5. Basis Point Share (BPS) Analysis by Application
   11.6. Y-o-Y Growth Projections by Application
   11.7. Europe Basalt Continuous Filament Market Size and Volume Forecast by Type
      11.7.1. Centrifugal-blowing
      11.7.2. Centrifugal-multiroll
      11.7.3. Die-blowing
   11.8. Bsis Point Share (BPS) Analysis by Type
   11.9. Y-o-Y Growth Projections by Type
   11.10. Market Attractiveness/Growth Potential Analysis
      11.10.1. By Country
      11.10.2. By Product Type
      11.10.3. By Application
      11.10.4. By Sales Channel
   11.11. Europe Basalt Continuous Filament Demand Share, 2019-2026

12. Asia Pacific Basalt Continuous Filament Market Analysis and Forecast
   12.1. Introduction
      12.1.1. Basis Point Share (BPS) Analysis by Country
      12.1.2. Y-o-Y Growth Projections by Country
      12.1.3. Asia Pacific Average Pricing Analysis
   12.2. Asia Pacific Basalt Continuous Filament Market Size and Volume Forecast by Country
      12.2.1. China
      12.2.2. Japan
      12.2.3. South Korea
      12.2.4. India
      12.2.5. Australia
      12.2.6. Rest of Asia Pacific (APAC)
   12.3. Absolute $ Opportunity Assessment by Country
   12.4. Asia Pacific Basalt Continuous Filament Market Size and Volume Forecast by Application
      12.4.1. Construction
      12.4.2. Electrical and Electronics
      12.4.3. Transportation
      12.4.4. Molding
   12.5. Basis Point Share (BPS) Analysis by Application
   12.6. Y-o-Y Growth Projections by Application
   12.7. Asia Pacific Basalt Continuous Filament Market Size and Volume Forecast by Type
      12.7.1. Centrifugal-blowing
      12.7.2. Centrifugal-multiroll
      12.7.3. Die-blowing
   12.8. Basis Point Share (BPS) Analysis by Type
   12.9. Y-o-Y Growth Projections by Type
   12.10. Market Attractiveness/Growth Potential Analysis
      12.10.1. By Country
      12.10.2. By Product Type
      12.10.3. By Application
      12.10.4. By Sales Channel
   12.11. Asia Pacific Basalt Continuous Filament Demand Share, 2019-2026

13. Middle East & Africa Basalt Continuous Filament Market Analysis and Forecast
   13.1. Introduction
      13.1.1. Basis Point Share (BPS) Analysis by Country
      13.1.2. Y-o-Y Growth Projections by Country
      13.1.3. Asia Pacific Average Pricing Analysis
   13.2. Middle East & Africa Basalt Continuous Filament Market Size and Volume Forecast by Country
      13.2.1. Saudi Arabia
      13.2.2. South Africa
      13.2.3. UAE
      13.2.4. Rest of Middle East & Africa (MEA)
   13.3. Absolute $ Opportunity Assessment by Country
   13.4. Middle East & Africa Basalt Continuous Filament Market Size and Volume Forecast by Application
      13.4.1. Construction
      13.4.2. Electrical and Electronics
      13.4.3. Transportation
      13.4.4. Molding
   13.5. Basis Point Share (BPS) Analysis by Application
   13.6. Y-o-Y Growth Projections by Application
   13.7. Middle East & Africa Basalt Continuous Filament Market Size and Volume Forecast by Type
      13.7.1. Centrifugal-blowing
      13.7.2. Centrifugal-multiroll
      13.7.3. Die-blowing
   13.8. Basis Point Share (BPS) Analysis by Type
   13.9. Y-o-Y Growth Projections by Type
   13.10. Market Attractiveness/Growth Potential Analysis
      13.10.1. By Country
      13.10.2. By Product Type
      13.10.3. By Application
      13.10.4. By Sales Channel
   13.11. Middle East & Africa Basalt Continuous Filament Demand Share, 2019-2026

14. Competition Landscape
   14.1. Global Basalt Continuous Filament Market: Market Share Analysis
   14.2. Basalt Continuous Filament Distributors and Customers
   14.3. Basalt Continuous Filament Market: Competitive Dashboard
   14.4. Company Profiles (Details – Overview, Financials, Developments, Strategy) 
      14.4.1. Basaltex Overview Financials Developments Strategic Outlook
      14.4.2. Jiangsu GMV Overview Financials Developments Strategic Outlook
      14.4.3. Kamenny Vek Overview Financials Developments Strategic Outlook
      14.4.4. Mafic Overview Financials Developments Strategic Outlook
      14.4.5. Shanxi Basalt Fiber Technology Overview Financials Developments Strategic Outlook
      14.4.6. Technobasalt Overview Financials Developments Strategic Outlook
      14.4.7. Mudanjiang Jinshi Basalt Fiber Overview Financials Developments Strategic Outlook
      14.4.8. Sudaglass Fiber Technology Overview Financials Developments Strategic Outlook
      14.4.9. Yingkou Hongyuan Fiberglass Technology Overview Financials Developments Strategic Outlook
      14.4.10. COMPANY 10 Overview Financials Developments Strategic Outlook
      14.4.11. COMPANY 11 Overview Financials Developments Strategic Outlook
      14.4.12. COMPANY 12 Overview Financials Developments Strategic Outlook
      14.4.13. COMPANY 13 Overview Financials Developments Strategic Outlook
      14.4.14. COMPANY 14 Overview Financials Developments Strategic Outlook
      14.4.15. COMPANY 15 Overview Financials Developments Strategic Outlook
      14.4.16. COMPANY 16 Overview Financials Developments Strategic Outlook
      14.4.17. COMPANY 17 Overview Financials Developments Strategic Outlook
      14.4.18. COMPANY 18 Overview Financials Developments Strategic Outlook
      14.4.19. COMPANY 19 Overview Financials Developments Strategic Outlook
      14.4.20. COMPANY 20 Overview Financials Developments Strategic Outlook

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