Continuous Basalt Fiber Market - Forecast(2023 - 2028)

Report Code: CMR 28974 Report Format: PDF + Excel

Continuous Basalt Fiber Market Overview

The continuous basalt fiber market size is expected to reach US$530.3 million by 2027, after growing at a CAGR of around 9.5% from 2022 to 2027. The basalt fiber is made from fine basalt fibers, composed of minerals such as olivine, plagioclase, and others. The continuous basalt fiber is produced from the basalt rock, using technologies such as vacuum infusion, pultrusion, texturizing, and others. The continuous basalt fiber offers major applications such as fireproof textile, reinforced concrete, geogrids, fabrics & tapes, and others. The continuous basalt fiber industry is primarily driven by the high demand in the construction sector due to rising infrastructural and building projects across the world. Thus, the continuous basalt fiber market will experience growth and high demand in various end-use industries due to its excellent mechanical properties, high structural integrity, high-temperature resistance, and electrical insulation during the forecast period.

COVID-19 Impact

The growth of the global continuous basalt fiber market was hampered due to the worldwide covid-19 outbreak and lockdown. The continuous basalt fiber has major applications in building & construction, aerospace, automotive, and others. The worldwide disruptions such as productions halt, supply chain disturbances, and other logistics-related errors. The construction and building sector saw major impacts and delay in production projects, which created a fall in demand and a decline in continuous basalt fiber market size. The supply chain was disrupted as the raw materials didn’t reach the construction site, along with restrictions on transportation and lockdown restrictions. Furthermore, the constructions activities and projects were halted due to labor shortages, logistics issues, and construction material supply disruptions. According to the American Institute of Architects (AIA), around a 5.7% decline in the non-residential construction sector and a 7.1% decline in commercial construction for the year 2020-21. Thus, with reduced spending and declining construction activities, the application demand for continuous basalt fiber (comprising of olivine, plagioclase, and pyroxene) such as concrete structures, reinforced mesh, and others also saw a fall during the covid-19 outbreak. Furthermore, the demand for the continuous basalt fiber market will rise with the recovery in end-use industries, majorly construction. The growing development in building and infrastructure, rise in modular construction, and better remote working structure will boost the building & construction activities, thereby offering high demand and growth in the continuous basalt fiber market post-pandemic phase.

Report Coverage

The “Continuous Basalt Fiber Market Report – Forecast (2022-2027)” by IndustryARC covers an in-depth analysis of the following segments of the continuous basalt fiber market and provides a continuous basalt fiber industry outlook.

By Product Type: Roving, Fabrics, Chopped Strands, Others
By Application: Concrete Structures, Reinforced Mesh, Heat-Insulated Plates, Fabrics & Tapes, Surfboard Manufacturing, Generator Blades, and Others
By End-Use Industry: Building & Construction (Residential, Non-Residential, and Infrastructure), Aerospace (Fireproof Textiles, Aircraft Components, and Spacecrafts), Electronics (Electronic Insulation, Electrical Components), Automotive (Commercial, Passenger, and Automotive Components), and Others
By Geography: North America (USA, Canada, and Mexico), Europe (UK, Germany, France, Italy, Netherlands, Spain, Russia, Belgium, and Rest of Europe), Asia-Pacific (China, Japan, India, South Korea, Australia, and New Zealand, Indonesia, Taiwan, Malaysia, and Rest of APAC), South America (Brazil, Argentina, Colombia, Chile, and Rest of South America), Middle East (Saudi Arabia, UAE, Israel, Rest of the Middle East) and Africa (South Africa, Nigeria, Rest of Africa)

Key Takeaways

  • The global continuous basalt fiber market is growing due to high demand in various end-use industries such as concrete in construction, fireproof textile, and aircraft components in the aerospace, automotive, electronics, and others due to its excellent mechanical properties, high-temperature resistance, and electric insulation features.
  • The Asia Pacific region offers a high growth share in the continuous basalt fiber industry and is dominating the market due to the increasing residential as well as non-residential building projects and construction activities.
  • The demand for continuous basalt fiber roving product types is high owing to its usage for reinforced bars in construction, CNG cylinders in automotive, thermal insulation, and others.

Figure: Asia Pacific Continuous Basalt Fiber Market Revenue, 2021-2027 (US$ Million)

Continuous Basalt Fiber Market Revenue

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Continuous Basalt Fiber Market Segment Analysis – By Product Type

By product type, the roving segment is expected to have the largest share of more than 30% in 2021 and is expected to boost the continuous basalt fiber market share in the coming years. The basalt roving is used in various industries for the production of rebar in concrete reinforcement, geogrids, high-pressure vessels, and others. The rising demand for continuous basalt fiber roving for various applications such as meshes, concrete, reinforcing bars and others is boosting the growth of the continuous basalt fiber market. Furthermore, the high strength, resistance to harsh environments, high electric insulation, and the longer service life is leading to major demand for the roving product type for reinforced plastics, construction, and others in the coming years.

Continuous Basalt Fiber Market Segment Analysis – By Application

By application, the reinforced mesh segment is expected to hold a significant share of 35% in 2021 and is expected to increase the continuous basalt fiber market size in the coming years. The high demand for reinforced mesh in the building and construction sector is influencing the growth prospects for the global continuous basalt fiber industry. The continuous basalt fiber (comprises of plagioclase, olivine, and pyroxene) reinforced mesh is used in road pavements, construction structures, and others owing to its high mechanical strength, crack resistance, easy installation, and high electrical resistance compared to steel. Moreover, the demand for reinforced mesh is rising due to increased road and construction activities across the world. According to the Department for Promotion of Industry and Internal Trade Policy (DPIIT), around USD 26.1 billion in FDI inflows was reported between the periods of April 2000 to June 2021 for construction development. Thus, with growing opportunities and investment in the construction sector, the application of reinforced mesh will rise in the continuous basalt fiber market during the forecast period.

Continuous Basalt Fiber Market Segment Analysis- By End-Use Industry

By end-use industry, the building & construction segment is expected to have the largest share of more than 37% in 2021 and is expected to increase the continuous basalt fiber market size during the forecast period. The growing residential, non-residential, and infrastructure construction projects such as railways, highways, pavement linings, and others are influencing the growth in the continuous basalt fiber industry. The excellent properties such as non-corrosiveness, high strength, high mechanical strength, and compatibility with concrete are boosting its application in the building & construction industry. Moreover, the environment-friendly application of continuous basalt fiber for green buildings is creating a high demand in the market. According to the Vietnam General Statistics Office (GSO), the construction sector grew by 5.7% year on year in Q3 2020, with cumulative growth of around 5%. The rise in residential construction, infrastructure development, and other projects are creating a drive in the continuous basalt fiber market, owing to its rising applications such as concrete, reinforcing mesh and nets, geogrids, rebar, and others in the coming years.

Continuous Basalt Fiber Market Segment Analysis – By Geography

By geographical analysis, the Asia pacific holds the largest share of more than 42% in the continuous basalt fiber market for the year 2021 and will increase the continuous basalt fiber market size in the coming years. The growing automotive sector, aerospace, and construction sector in this region are offering a major growth opportunity in the global continuous basalt fiber market. The rising automotive production in APAC is anticipated to boost the demand for continuous basalt applications such as automotive components, fireproof textiles, and lightweight unit parts. According to the China Association of Automobile Manufacturers (CAAM), the sale of automobiles in China is likely to hit around USD 27.5 million, with a 5.4% rise in 2022. Moreover, the developing production base for continuous basalt in China offers low-cost continuous basalt fiber manufacturing, which is boosting its application demand and growth in Asia pacific for aerospace, automotive, construction, electronics, and other sectors in the coming years. Thus, with a rising base for building construction and infrastructure investments in the APAC region, the continuous basalt fiber market will experience major growth opportunities during the forecast period.

Continuous Basalt Fiber Market– Drivers

Increasing demand from the construction sector

The rising demand for continuous basalt fiber in the building and constructions sector is creating a major drive in the market and increasing the global continuous basalt fiber market size. The growing initiatives by the government for infrastructure development and construction projects such as housing, highways, residential buildings, and others are creating a major growth in the market. According to the Office for National Statistics, the output for construction in December 2020 rose by 2.0% in terms of volume. Furthermore, the application of continuous basalt fiber (comprising olivine, pyroxene, and plagioclase) in concrete structures, reinforcement materials for construction, and others is rising owing to its excellent features such as durability, high tensile strength, chemical stability, and excellent performance in harsh climatic conditions. Thus, with the demand for continuous basalt fiber for residential sectors, highways, metro lines, railway construction, and others, the global continuous basalt fiber market will grow during the forecast period. 

High demand for non-corrosive materials

The demand for non-corrosive material products is increasing in the construction sector as it is helpful in cost reduction and increases the life of the structures made from them. The usage of corrosion-free continuous basalt fiber bars is used as reinforcement for the concretes. It is non-corrosive and offers high tensile strength compared to the steel bar used in buildings and constructions. For instance, the Metrotown property redevelopment projects involve the construction of 7 multipurpose towers, with an estimated USD 778 million for the construction work starting from quarter 3rd of the year 2021. The continuous basalt fiber imparts strength in the reinforced bars, while the resin holds the fibers. The usage of vacuum infusion technology is prevalent for basalt composite manufacturing and resin conversion into laminates. Thus, with increasing demand for non-corrosive continuous basalt fibers, compared to steel, the continuous basalt fiber industry experiences major drive and growth prospects in the coming years.

Continuous Basalt Fiber Market– Challenges

High prices of continuous basalt and chemical durability issues

The demand for continuous basalt fiber is high owing to its major application in various end-use industries and superiority over E-glass. However, the high price factor is creating a challenge for its growth, as the costs are high compared to E-glass. The basalt fibers also lose some of their tensile strength over some time, as a result of chemical durability issues and final product consistency due to manufacturing by different manufacturers, leading to variability and differentiation in mechanical properties. Furthermore, the manufacturers face issues on the quality of basalt rock and its composition such as olivine, plagioclase, pyroxene, and others for the creation of basalt fibers in various regions such as Europe.

Global Continuous Basalt Fiber Industry Outlook

The global continuous basalt fiber top 10 companies include:

1. Basaltex NV
2. Armbasalt CJCS
3. Technobasalt-Invest LLC
4. Fiberbas Jilin Tongxin Basalt Technology Co Ltd
5. LAVAintel
6. Isomatex S.A.
7. Hengdian Group
8. Shanxi Yaxin Group
9. Mafic
10. Sudaglass Fiber Technology

Recent Developments

  • In July 2020, the Mafic, located in North Carolina, started its operation for the world’s largest basalt fiber mill. This operation will enable the Mafic to meet up with the demand developed by a large customer base.
  • In April 2020, the Kamenny Vek announced the expansion of its product line with the introduction of the latest product line such as Basalt Direct Roving 22 microns 2400 tex, Basalt assembled 18 microns 4800 tex roving, and Basalt assembled roving 18 microns 3000 tex.
  • In 2019, the Basanite Industries LLC began the new manufacturing unit in Florida. This manufacturing unit will boost the production of basalt composites and basalt fibers.

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1. Continuous Basalt Fiber Market- Market Overview
    1.1 Definitions and Scope
2. Continuous Basalt Fiber Market - Executive Summary
    2.1 Key Trends by Product Type
    2.2 Key Trends by Application
    2.3 Key Trends by End Use Industry
    2.4 Key Trends by Geography
3. Continuous Basalt Fiber Market – Comparative analysis
    3.1 Market Share Analysis- Major Companies
    3.2 Product Benchmarking- Major Companies
    3.3 Top 5 Financials Analysis
    3.4 Patent Analysis- Major Companies
    3.5 Pricing Analysis (ASPs will be provided)
4. Continuous Basalt Fiber Market - Startup companies Scenario Premium Premium
    4.1 Major startup company analysis:
        4.1.1 Investment
        4.1.2 Revenue
        4.1.3 Product portfolio
        4.1.4 Venture Capital and Funding Scenario
5. Continuous Basalt Fiber Market – Industry Market Entry Scenario Premium Premium
    5.1 Regulatory Framework Overview
    5.2 New Business and Ease of Doing Business Index
    5.3 Successful Venture Profiles
    5.4 Customer Analysis – Major companies
6. Continuous Basalt Fiber Market - Market Forces
    6.1 Market Drivers
    6.2 Market Constraints
    6.3 Porters Five Force Model
        6.3.1 Bargaining Power of Suppliers
        6.3.2 Bargaining Powers of Buyers
        6.3.3 Threat of New Entrants
        6.3.4 Competitive Rivalry
        6.3.5 Threat of Substitutes
7. Continuous Basalt Fiber Market – Strategic Analysis
    7.1 Value/Supply Chain Analysis
    7.2 Opportunity Analysis
    7.3 Product/Market Life Cycle
    7.4 Distributor Analysis – Major Companies
8. Continuous Basalt Fiber Market – By Product Type (Market Size -$Million/Billion)
    8.1 Roving
    8.2 Fabrics
    8.3 Chopped Strands
    8.4 Others
9. Continuous Basalt Fiber Market – By Application (Market Size -$Million/Billion)
    9.1 Concrete Structures
    9.2 Reinforced Mesh
    9.3 Heat-Insulated Plates
    9.4 Fabrics & Tapes
    9.5 Surfboard Manufacturing
    9.6 Generator Blades
    9.7 Others
10. Continuous Basalt Fiber Market – By End Use Industry (Market Size -$Million/Billion)
    10.1 Building & Construction
        10.1.1 Residential
        10.1.2 Non-Residential
        10.1.3 Infrastructure
    10.2 Aerospace
        10.2.1 Fireproof Textile
        10.2.2 Aircraft Components
        10.2.3 Space Craft
    10.3 Electronics
        10.3.1 Electronic Insulation
        10.3.2 Electrical Components
    10.4 Automotive
        10.4.1 Commercial
        10.4.2 Passenger
        10.4.3 Automotive Components
    10.5 Others
11. Continuous Basalt Fiber Market - By Geography (Market Size -$Million/Billion)
    11.1 North America
        11.1.1 USA
        11.1.2 Canada
        11.1.3 Mexico
    11.2 Europe
        11.2.1 UK
        11.2.2 Germany
        11.2.3 France
        11.2.4 Italy
        11.2.5 Netherlands
        11.2.6 Spain
        11.2.7 Russia
        11.2.8 Belgium
        11.2.9 Rest of Europe
    11.3 Asia-Pacific
        11.3.1 China
        11.3.2 Japan
        11.3.3 India
        11.3.4 South Korea
        11.3.5 Australia and New Zealand
        11.3.6 Indonesia
        11.3.7 Taiwan
        11.3.8 Malaysia
        11.3.9 Rest of APAC
    11.4 South America
        11.4.1 Brazil
        11.4.2 Argentina
        11.4.3 Colombia
        11.4.4 Chile
        11.4.5 Rest of South America
    11.5 Rest of the World
        11.5.1 Middle East
            11.5.1.1 Saudi Arabia
            11.5.1.2 UAE
            11.5.1.3 Israel
            11.5.1.4 Rest of the Middle East
        11.5.2 Africa
            11.5.2.1 South Africa
            11.5.2.2 Nigeria
    11.5.2.3 Rest of Africa
12. Continuous Basalt Fiber Market – Entropy
    12.1 New Product Launches
    12.2 M&As, Collaborations, JVs and Partnerships
13. Continuous Basalt Fiber Market – Industry/Competition Segment Analysis Premium
    13.1 Company Benchmarking Matrix – Major Companies
    13.2 Market Share at Global Level - Major companies
    13.3 Market Share by Key Region - Major companies
    13.4 Market Share by Key Country - Major companies
    13.5 Market Share by Key Application - Major companies
    13.6 Market Share by Key Product Type/Product category - Major companies
14. Continuous Basalt Fiber Market – Key Company List by Country Premium Premium
15. Continuous Basalt Fiber Market Company Analysis - Business Overview, Product Portfolio, Financials, and Developments
    15.1 Company 1
    15.2 Company 2
    15.3 Company 3
    15.4 Company 4
    15.5 Company 5
    15.6 Company 6
    15.7 Company 7
    15.8 Company 8
    15.9 Company 9
    15.10 Company 10
"*Financials would be provided on a best effort basis for private companies*"

LIST OF TABLES

1.Global Continuous Basalt Fiber:Application Analysis Market 2019-2024 ($M)
1.1 continuous basalt fiber market:Application overview Market 2019-2024 ($M) - Global Industry Research
1.2 Building construction Market 2019-2024 ($M) - Global Industry Research
1.2.1 continuous basalt fiber market for building construction application, Market 2019-2024 ($M)
1.3 Molded materials Market 2019-2024 ($M) - Global Industry Research
1.3.1 continuous basalt fiber market for molded materials application, Market 2019-2024 ($M)
1.4 Transportation Market 2019-2024 ($M) - Global Industry Research
1.4.1 continuous basalt fiber market for transportation application, Market 2019-2024 ($M)
1.5 Electronics Market 2019-2024 ($M) - Global Industry Research
1.5.1 continuous basalt fiber market for electronics application, Market 2019-2024 ($M)
2.Global Continuous Basalt Fiber:Application Analysis Market 2019-2024 (Volume/Units)
2.1 continuous basalt fiber market:Application overview Market 2019-2024 (Volume/Units) - Global Industry Research
2.2 Building construction Market 2019-2024 (Volume/Units) - Global Industry Research
2.2.1 continuous basalt fiber market for building construction application, Market 2019-2024 (Volume/Units)
2.3 Molded materials Market 2019-2024 (Volume/Units) - Global Industry Research
2.3.1 continuous basalt fiber market for molded materials application, Market 2019-2024 (Volume/Units)
2.4 Transportation Market 2019-2024 (Volume/Units) - Global Industry Research
2.4.1 continuous basalt fiber market for transportation application, Market 2019-2024 (Volume/Units)
2.5 Electronics Market 2019-2024 (Volume/Units) - Global Industry Research
2.5.1 continuous basalt fiber market for electronics application, Market 2019-2024 (Volume/Units)
3.North America Continuous Basalt Fiber:Application Analysis Market 2019-2024 ($M)
3.1 continuous basalt fiber market:Application overview Market 2019-2024 ($M) - Regional Industry Research
3.2 Building construction Market 2019-2024 ($M) - Regional Industry Research
3.2.1 continuous basalt fiber market for building construction application, Market 2019-2024 ($M)
3.3 Molded materials Market 2019-2024 ($M) - Regional Industry Research
3.3.1 continuous basalt fiber market for molded materials application, Market 2019-2024 ($M)
3.4 Transportation Market 2019-2024 ($M) - Regional Industry Research
3.4.1 continuous basalt fiber market for transportation application, Market 2019-2024 ($M)
3.5 Electronics Market 2019-2024 ($M) - Regional Industry Research
3.5.1 continuous basalt fiber market for electronics application, Market 2019-2024 ($M)
4.South America Continuous Basalt Fiber:Application Analysis Market 2019-2024 ($M)
4.1 continuous basalt fiber market:Application overview Market 2019-2024 ($M) - Regional Industry Research
4.2 Building construction Market 2019-2024 ($M) - Regional Industry Research
4.2.1 continuous basalt fiber market for building construction application, Market 2019-2024 ($M)
4.3 Molded materials Market 2019-2024 ($M) - Regional Industry Research
4.3.1 continuous basalt fiber market for molded materials application, Market 2019-2024 ($M)
4.4 Transportation Market 2019-2024 ($M) - Regional Industry Research
4.4.1 continuous basalt fiber market for transportation application, Market 2019-2024 ($M)
4.5 Electronics Market 2019-2024 ($M) - Regional Industry Research
4.5.1 continuous basalt fiber market for electronics application, Market 2019-2024 ($M)
5.Europe Continuous Basalt Fiber:Application Analysis Market 2019-2024 ($M)
5.1 continuous basalt fiber market:Application overview Market 2019-2024 ($M) - Regional Industry Research
5.2 Building construction Market 2019-2024 ($M) - Regional Industry Research
5.2.1 continuous basalt fiber market for building construction application, Market 2019-2024 ($M)
5.3 Molded materials Market 2019-2024 ($M) - Regional Industry Research
5.3.1 continuous basalt fiber market for molded materials application, Market 2019-2024 ($M)
5.4 Transportation Market 2019-2024 ($M) - Regional Industry Research
5.4.1 continuous basalt fiber market for transportation application, Market 2019-2024 ($M)
5.5 Electronics Market 2019-2024 ($M) - Regional Industry Research
5.5.1 continuous basalt fiber market for electronics application, Market 2019-2024 ($M)
6.APAC Continuous Basalt Fiber:Application Analysis Market 2019-2024 ($M)
6.1 continuous basalt fiber market:Application overview Market 2019-2024 ($M) - Regional Industry Research
6.2 Building construction Market 2019-2024 ($M) - Regional Industry Research
6.2.1 continuous basalt fiber market for building construction application, Market 2019-2024 ($M)
6.3 Molded materials Market 2019-2024 ($M) - Regional Industry Research
6.3.1 continuous basalt fiber market for molded materials application, Market 2019-2024 ($M)
6.4 Transportation Market 2019-2024 ($M) - Regional Industry Research
6.4.1 continuous basalt fiber market for transportation application, Market 2019-2024 ($M)
6.5 Electronics Market 2019-2024 ($M) - Regional Industry Research
6.5.1 continuous basalt fiber market for electronics application, Market 2019-2024 ($M)
7.MENA Continuous Basalt Fiber:Application Analysis Market 2019-2024 ($M)
7.1 continuous basalt fiber market:Application overview Market 2019-2024 ($M) - Regional Industry Research
7.2 Building construction Market 2019-2024 ($M) - Regional Industry Research
7.2.1 continuous basalt fiber market for building construction application, Market 2019-2024 ($M)
7.3 Molded materials Market 2019-2024 ($M) - Regional Industry Research
7.3.1 continuous basalt fiber market for molded materials application, Market 2019-2024 ($M)
7.4 Transportation Market 2019-2024 ($M) - Regional Industry Research
7.4.1 continuous basalt fiber market for transportation application, Market 2019-2024 ($M)
7.5 Electronics Market 2019-2024 ($M) - Regional Industry Research
7.5.1 continuous basalt fiber market for electronics application, Market 2019-2024 ($M)

LIST OF FIGURES

1.US Continuous Basalt Fiber Market Revenue, 2019-2024 ($M)
2.Canada Continuous Basalt Fiber Market Revenue, 2019-2024 ($M)
3.Mexico Continuous Basalt Fiber Market Revenue, 2019-2024 ($M)
4.Brazil Continuous Basalt Fiber Market Revenue, 2019-2024 ($M)
5.Argentina Continuous Basalt Fiber Market Revenue, 2019-2024 ($M)
6.Peru Continuous Basalt Fiber Market Revenue, 2019-2024 ($M)
7.Colombia Continuous Basalt Fiber Market Revenue, 2019-2024 ($M)
8.Chile Continuous Basalt Fiber Market Revenue, 2019-2024 ($M)
9.Rest of South America Continuous Basalt Fiber Market Revenue, 2019-2024 ($M)
10.UK Continuous Basalt Fiber Market Revenue, 2019-2024 ($M)
11.Germany Continuous Basalt Fiber Market Revenue, 2019-2024 ($M)
12.France Continuous Basalt Fiber Market Revenue, 2019-2024 ($M)
13.Italy Continuous Basalt Fiber Market Revenue, 2019-2024 ($M)
14.Spain Continuous Basalt Fiber Market Revenue, 2019-2024 ($M)
15.Rest of Europe Continuous Basalt Fiber Market Revenue, 2019-2024 ($M)
16.China Continuous Basalt Fiber Market Revenue, 2019-2024 ($M)
17.India Continuous Basalt Fiber Market Revenue, 2019-2024 ($M)
18.Japan Continuous Basalt Fiber Market Revenue, 2019-2024 ($M)
19.South Korea Continuous Basalt Fiber Market Revenue, 2019-2024 ($M)
20.South Africa Continuous Basalt Fiber Market Revenue, 2019-2024 ($M)
21.North America Continuous Basalt Fiber By Application
22.South America Continuous Basalt Fiber By Application
23.Europe Continuous Basalt Fiber By Application
24.APAC Continuous Basalt Fiber By Application
25.MENA Continuous Basalt Fiber By Application
26.Kamenny Vek, Sales /Revenue, 2015-2018 ($Mn/$Bn)
27.Technobasalt-Invest LLC, Sales /Revenue, 2015-2018 ($Mn/$Bn)
28.Basaltex NV, Sales /Revenue, 2015-2018 ($Mn/$Bn)
29.Zhejiang GBF Basalt Fiber Co., LTD, Sales /Revenue, 2015-2018 ($Mn/$Bn)
30.Sichuan Aerospace Tuoxin Basalt Industrial Co., LTD, Sales /Revenue, 2015-2018 ($Mn/$Bn)
31.Yingkou Hongyuan Fiberglass Technology Co., Ltd, Sales /Revenue, 2015-2018 ($Mn/$Bn)
32.Sudaglass Fiber Technology, Sales /Revenue, 2015-2018 ($Mn/$Bn)
33.Shanxi Basalt Fibre Technology Co., Ltd, Sales /Revenue, 2015-2018 ($Mn/$Bn)
34.Mudanjiang Jinshi Basalt Fiber Co., Ltd., Sales /Revenue, 2015-2018 ($Mn/$Bn)
35.Mafic SA, Sales /Revenue, 2015-2018 ($Mn/$Bn)