Basalt Fiber Market Size and Share

Basalt Fiber Market (2026 - 2031)
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Basalt Fiber Market Analysis by Mordor Intelligence

The Basalt Fiber Market size is estimated at 68.5 kilotons in 2026, and is expected to reach 116.38 kilotons by 2031, at a CAGR of 11.18% during the forecast period (2026-2031). The surge is tied to infrastructure decarbonization programs, offshore wind construction, and vehicle lightweighting mandates that reward basalt fiber’s superior corrosion and heat resistance. Global producers are scaling capacity to address demand for continuous rovings in turbine blades and automotive body panels, while discrete fiber formats for concrete mixes and insulation gain traction. Regulatory recognition in major codes, coupled with heightened lifecycle-cost scrutiny, is compressing the adoption curve. Intensifying competition and early technical approvals signal a pivotal phase for the basalt fiber market over the next five years.

Key Report Takeaways

  • By form, continuous fibers captured 68.18% of the basalt fiber market share in 2025; discrete fibers are set to post a 13.28% CAGR through 2031. 
  • By usage, composites accounted for a 72.65% share of the basalt fiber market size in 2025, whereas non-composites are on track for a 13.94% CAGR to 2031. 
  • By end-use industry, building and construction held 46.89% of the basalt fiber market size in 2025, while energy applications are forecast to expand at a 14.26% CAGR. 
  • By region, Asia Pacific led with 48.75% revenue share in 2025; the Middle East and Africa region is projected to progress at a 15.52% CAGR.

Note: Market size and forecast figures in this report are generated using Mordor Intelligence’s proprietary estimation framework, updated with the latest available data and insights as of January 2026.

Segment Analysis

By Form: Continuous Dominates, Discrete Gains in Concrete

Continuous rovings controlled 68.18% volume in 2025 as turbine blades and auto body panels require unidirectional strength exceeding 4,800 MPa. Discrete fiber volume will expand at a 13.28% CAGR to 2031. The basalt fiber market size for discrete formats is on track to surpass 30 kilotons by 2031, driven by ready-mix concrete mixes that cut on-site labor. Tests show 1% discrete addition lifts flexural strength 25% and shrinks crack width 40% under seismic load. Continuous makers are diversifying into fiber grids for tunnel linings to defend their share.

Project owners in Asia-Pacific and the Middle East favor discrete mixes because they pour faster and meet stricter durability codes. The American Concrete Institute now offers design guidance for both continuous and discrete basalt reinforcement, closing technical gaps. Continuous suppliers leverage economies of scale, producing 6–13 µm filaments suited to high-end aerospace and premium auto parts. As building codes evolve, the basalt fiber market share of discrete formats will keep rising despite the continuous fiber’s entrenched base.

Basalt Fiber Market: Market Share by Form
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By Usage: Composites Lead, Non-Composites Surge in Infrastructure

Composites absorbed 72.65% of demand in 2025 as epoxy and vinyl-ester laminates dominate wind, auto, and marine builds. The composites portion of the basalt fiber market size is forecast to reach 85 kilotons by 2031, yet non-composites will outpace growth at a 13.94% CAGR. Superior interfacial shear of 40 MPa allows thinner laminates and 10–15% weight savings.

Basalt rebar, insulation mats, and filtration cloth lead non-composites adoption. Florida DOT validation opened US highway projects, and boiler wraps replace ceramic fiber to meet stricter workplace safety rules. The University of Maine’s ARPA-I bridge program seeks a 30% build-time cut, signaling future code shifts. Composites remain growth pillars, but infrastructure mandates will keep non-composites at the forefront of incremental demand for the basalt fiber market.

By End-Use Industry: Construction Leads, Energy Accelerates

Construction consumed 46.89% volume in 2025, anchored by bridge decks, seawalls, and parking structures that need century-long service lives. Energy applications will climb at a 14.26% CAGR to 2031 as 15 MW turbines and LNG terminals deploy basalt for temperature extremes. Automotive OEMs adopt basalt for battery casings and under-floor shields, cutting 30% weight while meeting crash standards.

Industrial users shift to basalt insulation on boilers and petrochemical piping for fire safety, while sports equipment brands integrate mid-tier basalt-carbon hybrids to reduce cost without performance loss. The energy boom in offshore wind and LNG underpins the fastest growth, solidifying a diverse demand base across the basalt fiber market.

Basalt Fiber Market: Market Share by End-Use Industry
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Geography Analysis

Asia-Pacific held 48.75% volume in 2025. China leads through Hengdian’s 20,000 tpa plant and additional tank-kiln lines since 2019. Japan and South Korea apply basalt in coastal retrofits, and India’s USD 1.4 trillion infrastructure push fuels rebar demand. Proximity to ore and lower labor costs keep regional pricing competitive.

The Middle East and Africa, advancing at a 15.52% CAGR to 2031, will benefit from desalination and LNG investments. Saudi Aramco lists basalt FRP in corrosive service guidelines. South African mining upgrades and GCC megaprojects extend the order book, solidifying the region as the basalt fiber market’s fastest-growing cluster.

North America leverages the USD 1.2 trillion Infrastructure Act, with the University of Maine’s ARPA-I work aiming to update AASHTO codes. Canada deploys basalt in Arctic builds, and Mexico integrates it in EV battery enclosures. Europe’s EN 13706 standards and net-zero mandates drive coastal and seismic retrofits. South America gains momentum in Brazil’s hydro dam repairs and Argentina’s grain silos, though import costs temper uptake.

Basalt Fiber Market CAGR (%), Growth Rate by Region
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Competitive Landscape

The Basalt Fiber market is moderately consolidated. Kamenny Vek leads global capacity, while Zhejiang Shijin, Jilin Tongxin, and Hengdian Group supply more than half of the Asia-Pacific demand. European players such as Basaltex and Deutsche Basalt Faser expand regional plants to cut freight and offer application engineering. Smaller Middle Eastern entrants, including Arab Basalt Fiber and Sudaglass, aim to lock long-term desalination and LNG supply contracts.

Basalt Fiber Industry Leaders

  1. Kamenny Vek

  2. Technobasalt Invest

  3. Zhejiang Shijin Basalt Fiber Co., Ltd. 

  4. Sudaglass Fiber Technology

  5. Mafic SA

  6. *Disclaimer: Major Players sorted in no particular order
Basalt Fiber Market Concentration
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Recent Industry Developments

  • February 2025: Rock Fiber Inc. and ReforceTech Ltd. have formed ReforceTech Americas, a joint venture to supply eco-friendly, high-performance fiber-reinforced composites for the construction sector. The initiative aims to reduce steel dependency and carbon emissions, offering MiniBars, a basalt fiber-based product.
  • October 2024: Basanite Industries, LLC, has been awarded U.S. Patent No. 12,024,885 B2 by the United States Patent and Trademark Office (USPTO). This patent secures protection for Basanite's innovative BasaFlex basalt fiber composite rebar and its proprietary manufacturing process.

Table of Contents for Basalt Fiber Industry Report

1. Introduction

  • 1.1 Study Assumptions & Market Definition
  • 1.2 Scope of the Study

2. Research Methodology

3. Executive Summary

4. Market Landscape

  • 4.1 Market Overview
  • 4.2 Market Drivers
    • 4.2.1 EU Net-Zero Mandates accelerating basalt rebar
    • 4.2.2 Offshore wind-blade build-out needs heat-resistant fabrics
    • 4.2.3 Vehicle-lightweighting roadmap in several countries favoring basalt fiber usage
    • 4.2.4 GCC desalination expansion driving basalt FRP pipelines
    • 4.2.5 LNG platforms requiring cryogenic-tolerant reinforcements
  • 4.3 Market Restraints
    • 4.3.1 Easy availability of substitutes
    • 4.3.2 Basalt-ore freight-rate volatility
    • 4.3.3 Abrasive wear on processing equipment raising OPEX
  • 4.4 Value Chain Analysis
  • 4.5 Porter’s Five Forces
    • 4.5.1 Bargaining Power of Suppliers
    • 4.5.2 Bargaining Power of Buyers
    • 4.5.3 Threat of New Entrants
    • 4.5.4 Threat of Substitutes
    • 4.5.5 Degree of Competition

5. Market Size & Growth Forecasts (Volume)

  • 5.1 By Form
    • 5.1.1 Continuous
    • 5.1.2 Discrete
  • 5.2 By Usage
    • 5.2.1 Composites
    • 5.2.2 Non-Composites
  • 5.3 By End-Use Industry
    • 5.3.1 Building & Construction
    • 5.3.2 Automotive
    • 5.3.3 Industrial
    • 5.3.4 Marine
    • 5.3.5 Energy Industry
    • 5.3.6 Other (Sports, Chemical Industry, Petroleum Industry)
  • 5.4 By Geography
    • 5.4.1 Asia-Pacific
    • 5.4.1.1 China
    • 5.4.1.2 Japan
    • 5.4.1.3 India
    • 5.4.1.4 South Korea
    • 5.4.1.5 Rest of Asia
    • 5.4.2 North America
    • 5.4.2.1 United States
    • 5.4.2.2 Canada
    • 5.4.2.3 Mexico
    • 5.4.3 Europe
    • 5.4.3.1 Germany
    • 5.4.3.2 United Kingdom
    • 5.4.3.3 Italy
    • 5.4.3.4 France
    • 5.4.3.5 Rest of Europe
    • 5.4.4 South America
    • 5.4.4.1 Brazil
    • 5.4.4.2 Argentina
    • 5.4.4.3 Rest of South America
    • 5.4.5 Middle East and Africa
    • 5.4.5.1 Saudi Arabia
    • 5.4.5.2 South Africa
    • 5.4.5.3 Rest of Middle East and Africa

6. Competitive Landscape

  • 6.1 Market Concentration
  • 6.2 Strategic Moves
  • 6.3 Market Share(%)/Ranking Analysis
  • 6.4 Company Profiles {(includes Global level Overview, Market level overview, Core Segments, Financials as available, Strategic Information, Market Rank/Share for key companies, Products & Services, and Recent Developments)}
    • 6.4.1 Albarrie Canada Limited
    • 6.4.2 Arab Basalt Fiber
    • 6.4.3 ARMBAS
    • 6.4.4 Basalt Engineering LLC
    • 6.4.5 Basaltex
    • 6.4.6 Basanite Industries LLC
    • 6.4.7 BASTECH
    • 6.4.8 Deutsche Basalt Faser GmbH
    • 6.4.9 EcoBasalt Solutions
    • 6.4.10 Fiberbas construction and building technologies
    • 6.4.11 Final Advanced Materials
    • 6.4.12 Galen Ltd
    • 6.4.13 Hengdian Group Holdings Limited
    • 6.4.14 INCOTELOGY GmbH
    • 6.4.15 Isomatex SA
    • 6.4.16 JiLin Tongxin Basalt Technology Co.,Ltd
    • 6.4.17 Kamenny Vek
    • 6.4.18 MAFIC SA
    • 6.4.19 Rockwool A/S
    • 6.4.20 Sudaglass Fiber Technology
    • 6.4.21 Technobasalt Invest
    • 6.4.22 Zhejiang Shijin Basalt Fiber Co., Ltd.

7. Market Opportunities & Future Outlook

  • 7.1 White-space & Unmet-Need Assessment
  • 7.2 Increasing Adoption of Environmentally Friendly Materials
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Global Basalt Fiber Market Report Scope

Basalt is an igneous rock, and basalt fiber is produced using a blast furnace by melting volcanic rocks. It has superior abrasion and high-temperature resistance and is extensively used as a structural composite.

The basalt fiber market is segmented by form, usage, end-use industry, and geography. By form, the market is segmented into continuous and discrete, by usage, the market is segmented into composites and non-composites, and by end-use industry, the market is segmented into building and construction, automotive, industrial, marine, energy industry, and other (sports, chemical industry, and petroleum industry). The report offers market size and forecasts for 15 countries across major regions. For each segment, market sizing and forecasts are based on volume (tons) for all the above segments.

By Form
Continuous
Discrete
By Usage
Composites
Non-Composites
By End-Use Industry
Building & Construction
Automotive
Industrial
Marine
Energy Industry
Other (Sports, Chemical Industry, Petroleum Industry)
By Geography
Asia-PacificChina
Japan
India
South Korea
Rest of Asia
North AmericaUnited States
Canada
Mexico
EuropeGermany
United Kingdom
Italy
France
Rest of Europe
South AmericaBrazil
Argentina
Rest of South America
Middle East and AfricaSaudi Arabia
South Africa
Rest of Middle East and Africa
By FormContinuous
Discrete
By UsageComposites
Non-Composites
By End-Use IndustryBuilding & Construction
Automotive
Industrial
Marine
Energy Industry
Other (Sports, Chemical Industry, Petroleum Industry)
By GeographyAsia-PacificChina
Japan
India
South Korea
Rest of Asia
North AmericaUnited States
Canada
Mexico
EuropeGermany
United Kingdom
Italy
France
Rest of Europe
South AmericaBrazil
Argentina
Rest of South America
Middle East and AfricaSaudi Arabia
South Africa
Rest of Middle East and Africa
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Key Questions Answered in the Report

What is the projected size of the basalt fiber market by 2031?

The basalt fiber market size is forecast to reach 116.38 kilotons by 2031 at an 11.18% CAGR.

Which end-use sector will record the fastest growth through 2031?

Energy applications, led by offshore wind and LNG insulation, are set to rise at a 14.26% CAGR through 2031.

How does basalt fiber compare with E-glass in high-temperature uses?

Basalt retains mechanical strength up to 650°C, whereas E-glass properties begin degrading above 460°C.

Why is Asia-Pacific dominant in basalt fiber production?

The region combines abundant ore deposits, large-scale plants such as Hengdian’s 20,000 tpa line, and proximity to construction and automotive customers.

What regulatory change is accelerating basalt rebar uptake in Europe?

EN 13706 now explicitly covers basalt FRP reinforcement, aligning with EU net-zero mandates that favor non-corrosive materials.

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