Continuous Basalt Fiber Market Propelled by Increasing Application Areas Between 2013 and 2019.Pdf

Transparency Market

Research

Continuous Basalt Fiber Market Size, Share, Growth, Trends

and Forecast, 2013 – 2019

Published Date

23-April-2014

70 Page Report

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Press Release

Continuous Basalt Fiber Market Propelled by Increasing Application Areas

between 2013 and 2019:TMR

Transparency Market Research

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90, State Street, Suite 700.

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Water Soluble Polymers Market

REPORT DESCRIPTION

Continuous Basalt Fiber Market For Molded Materials, Transportation,

Electronics, Building & Construction and Other Applications - Global

Industry Analysis, Size, Share, Growth, Trends and Forecast, 2013 – 2019

ALBANY, New York - A recent study by Transparency Market Research (TMR) forecasts that

the global continuous basalt fiber market will grow at a CAGR of 10.9% between the years 2013

and 2019. TMR, a market research company based in the United States, in its report says that the

global continuous basalt fiber market, valued at US$51.4 million in 2012, will report a market value of

US$104.7 million by 2019. The report titled ‘Continuous Basalt Fiber Market - Global Industry

Analysis, Size, Share, Growth, Trends and Forecast 2013 - 2019’ is available for sale on the

website.

This market research report states that the superior physical properties of continuous basalt fiber are

a major factor driving the global continuous basalt fiber market. As a result, continuous basalt fibers

are preferred over conventional substitutes such as steel or glass fiber. Glass fibers and continuous

basalt fibers possess similar properties; the only difference between the two is that continuous basalt

fibers exhibit higher tensile strength, greater durability, and are resistant to alkalis, salts, and acids.

Apart from being used in place of glass fibers and steel, continuous basalt fibers are also used as

effective...