Basalt Rock Market Size To Reach $3,541.3 Million By 2033

 The global Basalt Rock Market size is expected to reach USD 3,541.3 million by 2033, registering a CAGR of 7.5% from 2025 to 2033, according to a new report by Grand View Research, Inc. Basalt rock is widely used across various industries due to its exceptional mechanical and thermal properties. In the construction and infrastructure sector, it serves as an aggregate in concrete and asphalt, and as reinforcement through basalt rebar and mesh, offering high durability and corrosion resistance. The aerospace and automotive industries utilize basalt fiber composites for lightweight, heat-resistant, and vibration-damping components.

The rapid growth of the building and construction industry, fueled by urbanization, innovative city projects, and green infrastructure initiatives, drives demand for basalt rock. With high tensile strength, corrosion and fire resistance, and eco-friendliness, basalt is increasingly used in rebar, tiles, and fiber reinforcements. Government initiatives such as India’s NIP, Saudi Arabia’s Vision 2030, and U.S. infrastructure investments are accelerating this trend. As construction shifts toward sustainable and climate-resilient materials, basalt rock is emerging as a key alternative to steel and traditional aggregates.

The demand for basalt tiles and slabs is rising steadily within the construction and interior design sectors, driven by their strength, visual appeal, and sustainability. As a volcanic rock, basalt offers natural density, low porosity, and high resistance to wear, making it well-suited for indoor and outdoor use. These characteristics render basalt tiles ideal for flooring, wall cladding, countertops, paving, and facades-especially in high-traffic or moisture-prone areas such as commercial spaces, public infrastructure, and upscale residential projects.

Innovations in the basalt rock market have significantly enhanced its industrial applicability and versatility. Technologies such as precision fiber extrusion, automated weaving and molding systems, and hybrid basalt fiber formulations have allowed manufacturers to develop highly customized basalt products with complex structural characteristics. These advancements support the production of continuous basalt fibers (CBF), basalt rebar, mesh, and composite panels tailored for demanding use cases. As a result, basalt materials are now increasingly used in the aerospace, renewable energy, automotive, construction, and defense sectors.

For instance, innovations such as aluminum-coated basalt fibers for EMI shielding and high-tensile basalt fiber reinforcements for concrete applications have addressed specific needs such as electrical conductivity, durability, and resistance to environmental stress. This technological progress is expanding basalt’s presence in traditional sectors like construction and enabling penetration into high-performance and sustainability-focused applications, such as thermal shielding in spacecraft, wind turbine blade components, and green infrastructure projects.

Countries such as China, India, and Southeast Asian nations are witnessing a surge in construction activities to accommodate expanding urban populations and to support industrial development. Basalt rock, known for its durability and resistance to environmental factors, is increasingly utilized in infrastructure projects, including roads, bridges, and buildings.

Request a free sample copy or view report summary: Basalt Rock Market Report

Basalt Rock Market Report Highlights

• The basalt fiber segment led the market with the largest revenue share of 53.0% in 2024, driven by its superior mechanical and thermal properties and environmental advantages.
• The building & construction segment led the market with the largest revenue share of 35.5% in 2024. The automotive and transportation segment is experiencing growing demand for basalt rock, driven by the industry’s push for lightweight, high-performance, and environmentally friendly materials.
• Asia Pacific dominated the basalt rock market with the largest revenue share of 67% in 2024, primarily driven by rapid urbanization and industrialization.
• The basalt rock market in China is anticipated to grow at a lucrative CAGR during the forecast period.

Basalt Rock Market Segmentation

Grand View Research has segmented global basalt rock market report based on the product type, end-use, and region:

Basalt Rock Product Type Outlook (Revenue, USD Million, 2021 - 2033)

• Basalt Fiber
• Basalt Aggregates
• Basalt Tiles/Slabs
• Others

Basalt Rock End-use Outlook (Revenue, USD Million, 2021 - 2033)

• Building & Construction
• Infrastructure
• Automotive & Transportation
• Aerospace & Defense
• Energy & Power
• Others

Basalt Rock Regional Outlook (Revenue, USD Million, 2021 - 2033)

• North America
• U.S.
• Canada
• Mexico
• Europe
• Germany
• France
• UK
• Italy
• Asia Pacific
• China
• India
• Japan
• Latin America
• Brazil
• Middle East & Africa

List of Key Players in Basalt Rock Market

• Aravali India Marbles & Granites
• Basaltex NV
• Basalt Fiber Tech
• Deutsche Basalt Faser GmbH
• Galen Ltd
• Jumeisheng
• Kamenny Vek
• Mafic SA
• Mudanjiang Basalt Fiber Co. Ltd
• Shanxi Basalt Fiber Technology Co., Ltd.
• Technobasalt Invest LLC

 

About Us:
Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, the company offers market intelligence studies ensuring relevant and fact-based research across a range of industries including technology, chemicals, materials, healthcare and energy.

Contact:
Sherry James
Corporate Sales Specialist, USA
Grand View Research, Inc
Phone: 1-415- 349-0058
Toll Free: 1-888- 202-9519
Email: sales@grandviewresearch.com
For More Information: https://www.grandviewresearch.com

Fuelwood Market: Industry Demand, Analysis and Future Trends 2030

 The global Fuelwood Market size is anticipated to reach USD 45.79 billion by 2030 and is projected to grow at a CAGR of 3.6% from 2025 to 2030, according to a new report by Grand View Research, Inc. The fuelwood industry continues to be a vital segment of the global energy landscape, particularly in developing regions where it remains a primary source of energy for cooking and heating. Despite the gradual introduction of modern energy alternatives such as LPG and electricity, millions of households in rural and peri-urban areas still depend on fuelwood due to its affordability, accessibility, and cultural acceptance. This sustained demand is driven by rising populations, urbanization, and limited infrastructure for cleaner fuels in countries across Asia, Africa, and Latin America.

Innovation and modernization are gradually reshaping the fuelwood industry. The emergence of improved biomass technologies, such as kiln-dried and compressed firewood products, has increased fuel efficiency and reduced harmful emissions, catering to both residential and industrial users. In addition, advancements in pellet production and biomass conversion methods are enabling fuelwood to be used in more efficient and sustainable ways, supporting the transition to renewable energy sources. Companies are also expanding their production capacities and adopting sustainable forest management practices to meet growing demand while addressing environmental concerns.

Market dynamics are further influenced by government policies promoting clean energy and sustainable forestry, as well as global efforts to reduce carbon footprints. However, challenges remain, such as fluctuating LPG prices and the persistence of informal fuelwood industry in many regions. Despite these hurdles, the fuelwood industry is projected to grow steadily, driven by continuous energy needs, especially in developing economies, and ongoing innovations that improve fuelwood’s sustainability and usability across various sectors.

In addition, the fuelwood industry is seeing increasing attention from both investors and policymakers due to its role in energy security and rural livelihoods. Mergers and acquisitions among key players are consolidating supply chains and enabling greater investment in sustainable harvesting and processing technologies. At the same time, stricter regulations on deforestation and carbon emissions are pushing the market toward plantation-grown fuelwood and certified sustainable sources. This shift not only helps preserve natural forests but also supports economic development by creating jobs in fuelwood plantations and processing facilities, making the market more resilient and environmentally responsible in the long term.

Request a free sample copy or view report summary: Fuelwood Market Report

Fuelwood Market Report Highlights

• The natural forests segment led the market with the largest revenue share of 51.5% in 2024, as they are abundant, easily accessible, and often used informally by local communities without the need for intensive cultivation or infrastructure.
• The residential heating & cooking segment led the market with the largest revenue share of 54.7% in 2024, due to high demand for affordable and traditional energy sources, particularly in rural households across developing countries where alternatives like LPG and electricity are either costly or unavailable.
• Europe dominated the market with the largest revenue share of 59.68% in 2024, due to strong demand for biomass-based heating solutions, government incentives for renewable energy, and established infrastructure for sustainable fuelwood and pellet use in residential and district heating systems.

Fuelwood Market Segmentation

Grand View Research has segmented the global fuelwood market based on the source type, end use, and region:

Fuelwood Source Type Outlook (Revenue, USD Million, 2018 - 2030)

• Natural Forests
• Plantation Forests
• Agroforestry
• Others

Fuelwood End Use Outlook (Revenue, USD Million, 2018 - 2030)

• Residential Heating & Cooking
• Industrial Heating
• Power Generation
• Others

Fuelwood Regional Outlook (Revenue, USD Million, 2018 - 2030)

• North America
• U.S.
• Canada
• Mexico
• Europe
• Germany
• UK
• France
• Italy
• Spain
• Asia Pacific
• China
• Japan
• India
• South Korea
• Central & South America
• Middle East & Africa

List of Key Players in the Fuelwood Market

• Enviva Inc.
• Drax Group plc
• Pinnacle Renewable Energy
• Lignetics, Inc.
• Energex
• Green Energy Biofuel.
• Pacific BioEnergy.
• Fram Renewable Fuels
• The Westervelt Company
• West Oregon Wood Products

 

About Us:
Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, the company offers market intelligence studies ensuring relevant and fact-based research across a range of industries including technology, chemicals, materials, healthcare and energy.

Contact:
Sherry James
Corporate Sales Specialist, USA
Grand View Research, Inc
Phone: 1-415- 349-0058
Toll Free: 1-888- 202-9519
Email: sales@grandviewresearch.com
For More Information: https://www.grandviewresearch.com

Copper Market To Reach $339.95 Billion By 2030 | CAGR: 6.5%

 

The global Copper Market size is anticipated to reach USD 339.95 billion by 2030 and is projected to grow at a CAGR of 6.5% from 2025 to 2030, according to a new report by Grand View Research, Inc. Copper is essential in the construction sector due to its excellent conductivity, corrosion resistance, and durability. It is extensively used in wiring, plumbing, roofing, and heating systems. As emerging economies like India, Vietnam, and several African nations continue to invest heavily in smart cities, transportation networks, and modern housing, the demand for copper in residential and commercial construction is expected to grow substantially over the coming years.

Another major driver is the transition toward renewable energy and electrification. Solar and wind power installations require large quantities of copper for turbines, photovoltaic cells, inverters, and power grid connections. According to the International Energy Agency (IEA), renewable energy investments reached record levels in 2024, particularly in Asia Pacific, Europe, and North America. Moreover, developing smart grids and battery storage systems-critical for integrating intermittent renewable sources-heavily depend on copper wiring and components. This energy shift is fundamentally altering copper consumption patterns globally.

The rise of electric vehicles (EVs) and supporting infrastructure is another powerful growth catalyst. EVs use up to four times more copper than traditional internal combustion engine vehicles, particularly in batteries, electric motors, wiring harnesses, and thermal management systems. Charging stations, which are expanding rapidly in Europe, the U.S., and China, also rely on copper for energy transmission. As governments introduce stricter emission norms and incentives to boost EV adoption, the automotive industry’s copper demand is projected to increase exponentially through 2030 and beyond.

Technological advancements in electronics and communication also contribute significantly to copper industry growth. Copper is vital in printed circuit boards, connectors, semiconductors, and high-frequency data cables used in smartphones, data centers, IoT devices, and 5G infrastructure. As the global economy becomes increasingly digital, the proliferation of electronic devices and cloud computing continues to fuel the demand for high-purity copper products. This segment is particularly strong in East Asia, where consumer electronics manufacturing is concentrated.

Moreover, the increased focus on sustainability and circular economy practices has increased interest in copper recycling. Recycled or secondary copper requires far less energy to produce and reduces the environmental impact of mining. As industries prioritize carbon neutrality and material efficiency, recycling copper from scrap metal, obsolete electronics, and decommissioned infrastructure are expected to rise. This supports demand and enhances supply chain resilience amid fluctuating ore grades and geopolitical uncertainties. These factors create a strong long-term growth outlook for the global copper industry. 

List of Key Players in the Copper Market

• AngloAmerican
• Antofagasta plc.
• Aurubis AG
• BHP
• Codelco
• Freeport-McMoRan
• Glencore
• GRUPO MÉXICO
• Jiangxi Copper Corporation
• KGHM
• Rio Tinto
• Teck Resources Limited

Request a free sample copy or view report summary: Copper Market Report

Copper Market Report Highlight

• Based on type, the primary copper segment led the market with the largest revenue market share of 84.8% in 2024, due to its high purity, widespread availability from large-scale mining operations, and critical application in industries requiring superior conductivity, such as electrical infrastructure, automotive, and renewable energy systems.
• The wire segment led the market with the largest revenue share of 61.7% in 2024, driven by the extensive use of copper wire in power transmission, residential and commercial electrical systems, electronics, and the rapidly expanding electric vehicle and renewable energy sectors that require efficient and reliable conductivity solutions.
• Based on end use, the infrastructure segment is anticipated to register at the fastest CAGR of 7.0% over the forecast period, due to increasing global investments in smart grids, transportation networks, renewable energy integration, and urban development projects, all of which require significant copper inputs for electrical systems, communication lines, and energy distribution frameworks.
• Asia Pacific dominated the market with the largest revenue share of 74.7% in 2024, due to the presence of major copper-consuming economies like China and India, rapid industrialization, large-scale infrastructure development, and the region’s leadership in electronics manufacturing, renewable energy installations, and electric vehicle production. 

Copper Market Segmentation

Grand View Research has segmented the global copper market based on type, product, end use, and region:

Copper Type Outlook (Volume, Kilotons; Revenue, USD Million, 2018 - 2030)

• Primary Copper
• Secondary Copper

Copper Product Outlook (Volume, Kilotons; Revenue, USD Million, 2018 - 2030)

• Wire
• Rods, Bars & Sections
• Flat Rolled Products
• Tube
• Foil

Copper End Use Outlook (Volume, Kilotons; Revenue, USD Million, 2018 - 2030)

• Industrial Equipment
• Transport
• Infrastructure
• Building & Construction
• Consumer & General Products
• Others

Copper Regional Outlook (Volume, Kilotons; Revenue, USD Million, 2018 - 2030)

• North America
• U.S.
• Canada
• Mexico
• Europe
• Germany
• Italy
• France
• Russia
• Asia Pacific
• China
• India
• Japan
• South Korea
• Latin America
• Brazil
• Middle East & Africa
• Saudi Arabia
• UAE

 

About Us:
Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, the company offers market intelligence studies ensuring relevant and fact-based research across a range of industries including technology, chemicals, materials, healthcare and energy.

Contact:
Sherry James
Corporate Sales Specialist, USA
Grand View Research, Inc
Phone: 1-415- 349-0058
Toll Free: 1-888- 202-9519
Email: sales@grandviewresearch.com
For More Information: https://www.grandviewresearch.com

Automotive Garage Equipment Market To Reach $10.51 Billion By 2030

 

The global automotive garage equipment market size was estimated at USD 8.13 billion in 2023 and is projected to grow at a CAGR of 3.8% from 2024 to 2030. The increasing number of vehicles on the road, the rising demand for vehicle maintenance and repair services, and advancements in garage equipment technology are driving market growth.

Drivers, Opportunities & Restraints

The automotive garage equipment market is driven by several factors, including the growing emphasis on vehicle safety and maintenance, the increasing number of vehicles globally, and the rising demand for advanced diagnostic and repair solutions. The expansion of the automotive aftermarket and the increasing complexity of modern vehicles are also contributing to market growth.

Moreover, the integration of advanced technologies, such as automation and IoT (Internet of Things), in garage equipment is providing significant growth opportunities. The growing demand for eco-friendly and efficient garage equipment and the rising number of automotive repair shops in emerging economies are also driving the market.

However, the high initial cost of advanced garage equipment and the need for regular maintenance and calibration may pose challenges to market growth. Additionally, the availability of counterfeit and low-quality equipment can hinder market growth.

Request a free sample copy or view report summary: Automotive Garage Equipment Market

Key Sucrose Esters Companies:

·         Evonik Industries AG

·         Sisterna

·         Croda International

·         Alfa Chemicals

·         P&G Chemicals

·         Dai-Ichi Kogyo Seiyaku

·         Mitsubishi Chemical Holdings Corporation

·         BASF SE

·         Stearinerie Dubois

·         FELDA IFFCO

Key Automotive Garage Equipment Company Insights

Some of the key players operating in the market include Robert Bosch GmbH, Continental AG, ISTOBAL, and Boston Garage Equipment.

• Robert Bosch GmbHis a leading manufacturer and provider of automotive garage equipment, offering a wide range of products such as sensors, fuel injectors, and steering systems. The company invests heavily in research and development and the entrepreneurial ownership activities are conducted by the Robert Bosch Industrietreuhand KG, an industrial trust. This structure allows Bosch to plan for the long-term and make significant investments in the company's future.
• Continental AGContinental AG is a automotive parts manufacturer based in Germany that specializes in brake systems, tires, automotive safety, chassis components, powertrain, vehicle electronics, and other technologies for sustainable and connected mobility.
• ISTOBALISTOBAL is a Spanish multinational company that specializes in the design, manufacturing, and marketing of a wide range of equipment such as wash tunnels, jet washes, rollovers for commercial vehicles, and solutions for washing trains and trams. Istobal also offers accessories, chemicals, and water treatment solutions. The company markets its products in more than 60 countries through its extensive distributor network and its own subsidiaries

Key Automotive Garage Equipment Companies:

• Robert Bosch GmbH
• Continental AG
• ISTOBAL
• Aro Equipments Pvt. Ltd
• Guangzhou Jingjia Auto Equipment Co. Ltd
• Arex Test Systems BV
• Boston Garage Equipment
• Vehicle Service Group
• Gray Manufacturing Company Inc.
• VisiCon Automatisierungstechnik GmbH
• MAHA Maschinenbau Haldenwang GmbH & Co. KG

Recent Developments

• In July 2023, Robert Bosch GmbH announced plans to expand their product range for the independent aftermarket by adding cabin blowers, which are essential components of vehicle air-conditioning systems. The new cabin blowers run quietly and are specifically designed to match the vehicle's AC system, ensuring efficient and reliable air flow. Initially, five blowers will be available for common Ford and VW models in the European market, with plans to expand the product range in the coming months to provide a wide selection of high-quality replacement parts for both workshops and consumers.
• In June 2024, Boston Garage Equipment announced the availability of its new measurement and diagnostic device called the EOBD-400. These devices used to measure the emissions of vehicles. These testers are designed to analyze the exhaust of a vehicle and determine if it meets the required emissions standards. The EOBD-400 tester is a specific model that is commonly used for this purpose and features Bluetooth 5 (LE) for long rage operations, equipped with a neoprene rubber surround, and other features.

 Automotive Garage Equipment Market Report Segmentation

• Automotive Garage Equipment Outlook (Revenue, USD Million, 2018 - 2030)

• Lifting Equipment
• Wheel & Tire Service Equipment
• Vehicle Diagnostic & Testing Equipment
• Body Shop Equipment
• Washing Equipment
• Others
• Automotive Garage Equipment Garage Type Outlook (Revenue, USD Million, 2018 - 2030)
• OEM Authorized Garages
• Independent Garages
• Automotive Garage Equipment Distribution Channel Outlook (Revenue, USD Million, 2018 - 2030)
• Online
• Offline
• Automotive Garage Equipment Vehicle Type Outlook (Revenue, USD Million, 2018 - 2030)
• Passenger Cars
• Commercial Vehicles
• Automotive Garage Equipment Application Outlook (Revenue, USD Million, 2018 - 2030)
• Body Shop
• Tire Shop
• Car Dealership
• Automotive Garage Equipment Regional Outlook (Revenue, USD Million, 2018 - 2030)
• North America

• U.S.
• Canada
• Mexico
• Europe
• UK
• Germany
• France
• Italy
• Spain
• Asia Pacific
• Japan
• China
• India
• Australia
• South Korea
• Latin America
• Brazil
• Argentina
• Middle East & Africa
• South Africa
• Saudi Arabia
• UAE

 

About Us
Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, the company offers market intelligence studies ensuring relevant and fact-based research across a range of industries including technology, chemicals, materials, healthcare and energy.

Contact:
Sherry James
Corporate Sales Specialist, USA
Grand View Research, Inc
Phone: 1-415- 349-0058
Toll Free: 1-888- 202-9519
Email: sales@grandviewresearch.com
For More Information: https://www.grandviewresearch.com

U.S. Potato Chips Market Size To Reach $14.78 Billion By 2030

The U.S. Potato Chips Market size is expected to reach USD 14.78 billion by 2030, registering to grow at a CAGR of 5.7% from 2024 to 2030 according to a new report by Grand View Research, Inc. Rising number of flavors and surging demand for quick snacks are poised to contribute to the market during the forecast period. Moreover, rising disposable income and the busy lifestyles of consumers are likely to fuel the growth prospects of the market in the U.S.

Plain/Salted emerged as the largest product segment in the U.S. potato chips market. The flavored segment includes a wide spectrum of chips including barbecue, sour cream & onion, salt & vinegar, hot and spicy, and dill pickle.

The supermarket segment is estimated to dominate the market due to the fact that consumers usually purchase a large number of products during their shopping trips. In addition, consumers prefer to purchase from shops with numerous options.

List of Key Players in the U.S. Potato Chips Market

• PepsiCo
• Kellanova
• Utz Brands, Inc.
• Campbell Soup Company
• Herr's
• Wise Snacks
• Intersnack Foods GmbH & Co. KG
• Clayton Dubilier & Rice
• Better Made Snack Foods
• Barcel USA

Request a free sample copy or view report summary: U.S. Potato Chips Market Report

U.S. Potato Chips Market Report Highlights

• Baked potato chips segment is expected to witness the fastest growth with a CAGR of 6.1% over the forecast period. The demand for baked potato chips is increasing in the US market primarily due to shifting consumer preferences towards healthier snack options.
• The Flavored segment is expected witness the highest CAGR over the forecasted period. Consumers' evolving taste preferences, which seek variety and novel experiences in their snacks, drive the demand for flavored potato chips.
• Supermarket/hypermarket segment dominated the market in 2023. supermarkets and hypermarkets offer extensive shelf space and a wide variety of products, including potato chips, attracting many consumers.
• In February 2016, ConAgra Foods sold its private label business to TreeHouse Foods, which helped the company to enhance its private label dry and refrigerated grocery offerings.

U.S. Potato Chips Market Segmentation

Grand View Research has segmented the U.S. potato chips market based on product, flavor, and distribution channel:

U.S. Potato Chips Product Outlook (Revenue, USD Million, 2018 - 2030)

• Fried
• Baked

U.S. Potato Chips Flavor Outlook (Revenue, USD Million, 2018 - 2030)

• Plain/Salted
• Flavored

U.S. Potato Chips Distribution Channel Outlook (Revenue, USD Million, 2018 - 2030)

• Supermarket/Hypermarket
• Convenience Stores
• Online
• Others

About Us:
Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, the company offers market intelligence studies ensuring relevant and fact-based research across a range of industries including technology, chemicals, materials, healthcare and energy.

Contact:
Sherry James
Corporate Sales Specialist, USA
Grand View Research, Inc
Phone: 1-415- 349-0058
Toll Free: 1-888- 202-9519
Email: sales@grandviewresearch.com
For More Information: https://www.grandviewresearch.com