Global Basalt Fiber Market 2025 by Manufacturers, Regions, Type and Application, Forecast to 2031

According to our (Global Info Research) latest study, the global Basalt Fiber market size was valued at US$ 108 million in 2024 and is forecast to a readjusted size of USD 228 million by 2031 with a CAGR of 10.3% during review period.

Basalt fiber is a high-performance, environmentally friendly material derived from basalt rock, a naturally occurring volcanic material. The production process involves the melting of crushed basalt rock at high temperatures, typically between 1,400°C and 1,600°C, and then extruding the molten rock through small nozzles to produce continuous filaments. These filaments are subsequently processed into various forms such as roving, chopped fibers, or woven fabrics for use in numerous applications.

Composition and Properties:

Basalt rock is primarily composed of silica (SiO₂), alumina (Al₂O₃), calcium oxide (CaO), magnesium oxide (MgO), and iron oxides (Fe₂O₃). The specific chemical composition of basalt can vary depending on its source, but its high silica content is a defining characteristic. This unique composition gives basalt fibers exceptional properties, including high tensile strength, thermal resistance, and excellent chemical stability.

Key properties of basalt fiber include:

Mechanical Strength: Basalt fibers exhibit superior tensile strength and modulus compared to traditional materials like glass fibers. This makes them suitable for applications requiring structural reinforcement.

Thermal Resistance: Basalt fibers can withstand temperatures up to 700°C without significant degradation, making them ideal for fire-resistant and high-temperature applications.

Corrosion Resistance: The material is highly resistant to alkalis, acids, and saltwater, making it suitable for use in harsh environments.

Eco-friendliness: Basalt fiber production does not require harmful additives or produce significant waste, positioning it as a sustainable alternative to other synthetic fibers.

The basalt fiber market has experienced significant growth in recent years, driven by rising demand for sustainable and high-performance materials across various industries. Basalt fiber, derived from natural volcanic basalt rock, offers a compelling combination of mechanical strength, thermal resistance, and environmental sustainability, making it a valuable alternative to traditional fibers such as glass and carbon.

The basalt fiber market is projected to continue growing at a robust rate over the coming decade. Increasing demand for lightweight and sustainable materials, coupled with ongoing advancements in manufacturing technologies, will likely expand its application scope. Strategic partnerships, investments in R&D, and awareness campaigns are expected to overcome existing market challenges.

The basalt fiber market is poised for sustained growth, driven by its unique properties and alignment with global trends toward sustainability and performance optimization. As industries increasingly recognize its potential, basalt fiber is set to become a vital component in the materials market of the future.

Global basalt fiber key players include Kamenny Vek, Zhengzhou Dengdian, Technobasalt-Invest, etc. Global top 5 manufacturers hold a share about 50%. North America is the largest market, with a share about 40%, followed by China and Europe with a share both about 30%.

This report is a detailed and comprehensive analysis for global Basalt Fiber market. Both quantitative and qualitative analyses are presented by manufacturers, by region & country, by Type and by Application. As the market is constantly changing, this report explores the competition, supply and demand trends, as well as key factors that contribute to its changing demands across many markets. Company profiles and product examples of selected competitors, along with market share estimates of some of the selected leaders for the year 2025, are provided.

Key Features:

Global Basalt Fiber market size and forecasts, in consumption value ($ Million), sales quantity (Ton), and average selling prices (USD/Ton), 2020-2031

Global Basalt Fiber market size and forecasts by region and country, in consumption value ($ Million), sales quantity (Ton), and average selling prices (USD/Ton), 2020-2031

Global Basalt Fiber market size and forecasts, by Type and by Application, in consumption value ($ Million), sales quantity (Ton), and average selling prices (USD/Ton), 2020-2031

Global Basalt Fiber market shares of main players, shipments in revenue ($ Million), sales quantity (Ton), and ASP (USD/Ton), 2020-2025

The Primary Objectives in This Report Are:

To determine the size of the total market opportunity of global and key countries

To assess the growth potential for Basalt Fiber

To forecast future growth in each product and end-use market

To assess competitive factors affecting the marketplace

This report profiles key players in the global Basalt Fiber market based on the following parameters - company overview, sales quantity, revenue, price, gross margin, product portfolio, geographical presence, and key developments. Key companies covered as a part of this study include Kamenny Vek, Technobasalt-Invest, Sudaglass, Tespe srl, Zaomineral, Bastech, BASALTEX NV, Deutsche Basalt Faser GmbH, Polotsk-Steklovolokno, LAVAintel, etc.

This report also provides key insights about market drivers, restraints, opportunities, new product launches or approvals.

Market Segmentation

Basalt Fiber market is split by Type and by Application. For the period 2020-2031, the growth among segments provides accurate calculations and forecasts for consumption value by Type, and by Application in terms of volume and value. This analysis can help you expand your business by targeting qualified niche markets.

Market segment by Type
Chopped Fiber
Twisted Roving
Twistless Roving

Market segment by Application
Construction
Fire Control
Automobile
Aerospace
Military
Shipbuilding
Others

Major players covered
Kamenny Vek
Technobasalt-Invest
Sudaglass
Tespe srl
Zaomineral
Bastech
BASALTEX NV
Deutsche Basalt Faser GmbH
Polotsk-Steklovolokno
LAVAintel
ARMBAS
Sichuan Qianyi Composite Material
Zhengzhou Dengdian
Aerospace Tuoxin
Shanxi Basai Aote Technology
GMV
Jiangsu Tianlong
Tongxin
Zhejiang GBF

Market segment by region, regional analysis covers

North America (United States, Canada, and Mexico)

Europe (Germany, France, United Kingdom, Russia, Italy, and Rest of Europe)

Asia-Pacific (China, Japan, Korea, India, Southeast Asia, and Australia)

South America (Brazil, Argentina, Colombia, and Rest of South America)

Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa, and Rest of Middle East & Africa)

The content of the study subjects, includes a total of 15 chapters:

Chapter 1, to describe Basalt Fiber product scope, market overview, market estimation caveats and base year.

Chapter 2, to profile the top manufacturers of Basalt Fiber, with price, sales quantity, revenue, and global market share of Basalt Fiber from 2020 to 2025.

Chapter 3, the Basalt Fiber competitive situation, sales quantity, revenue, and global market share of top manufacturers are analyzed emphatically by landscape contrast.

Chapter 4, the Basalt Fiber breakdown data are shown at the regional level, to show the sales quantity, consumption value, and growth by regions, from 2020 to 2031.

Chapter 5 and 6, to segment the sales by Type and by Application, with sales market share and growth rate by Type, by Application, from 2020 to 2031.

Chapter 7, 8, 9, 10 and 11, to break the sales data at the country level, with sales quantity, consumption value, and market share for key countries in the world, from 2020 to 2025.and Basalt Fiber market forecast, by regions, by Type, and by Application, with sales and revenue, from 2026 to 2031.

Chapter 12, market dynamics, drivers, restraints, trends, and Porters Five Forces analysis.

Chapter 13, the key raw materials and key suppliers, and industry chain of Basalt Fiber.

Chapter 14 and 15, to describe Basalt Fiber sales channel, distributors, customers, research findings and conclusion.