Continuous Basalt Fiber (CBF)
Market
Continuous Basalt Fiber (CBF) Market Scope:
Industry Analysis, Market Size, Growth, Trends Till 2031
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Continuous Basalt Fiber (CBF) Market Size and Growth
The Continuous Basalt Fiber (CBF) market research reports indicate a steady growth in demand due to increasing applications in various industries such as automotive, construction, and aerospace. The market size is expected to reach $200 million by 2025, driven by the superior properties of CBF including high strength and corrosion resistance.
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Companies Covered (Covid 19 Impact Covered)
◍ Basaltex
◍ Jiangsu GMV
◍ Kamenny Vek
◍ Mafic
◍ Shanxi Basalt Fiber Technology
◍ Technobasalt
◍ Mudanjiang Jinshi Basalt Fiber
◍ Sudaglass Fiber Technology
The Continuous Basalt Fiber (CBF) market is highly competitive with key players like Basaltex, Jiangsu GMV, Kamenny Vek, Mafic, Shanxi Basalt Fiber Technology, Technobasalt, Mudanjiang Jinshi Basalt Fiber, Sudaglass Fiber Technology, and Yingkou Hongyuan Fiberglass Technology leading the market. These companies are continuously innovating and investing in research and development to expand their product portfolio and capture a larger market share.
- Basaltex reported sales revenue of $30 million
- Kamenny Vek reported sales revenue of $25 million
◍ Yingkou Hongyuan Fiberglass Technology
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