현무암 섬유 시장 보고서 : 제품, 유형, 형태, 방법, 최종 이용 산업, 지역별(2025-2033년)

The global basalt fiber market size reached USD 398.2 Million in 2024. Looking forward, IMARC Group expects the market to reach USD 750.3 Million by 2033, exhibiting a growth rate (CAGR) of 7.3% during 2025-2033. Rapid industrialization and infrastructural developments, an increasing emphasis on sustainability, and continuous innovations leading to material substitution in various industries, such as automotive, aerospace, and construction, are some of the major factors propelling the market.

Basalt fiber is a specialized fiber-reinforced polymer made from extremely fine strands of basalt rock, a volcanic rock rich in minerals such as pyroxene, plagioclase, and olivine. These fibers are created through a process that involves melting the basalt rock at high temperatures and then extruding it through small nozzles to create fibers. The resulting basalt fiber is known for its high tensile strength, superior thermal resistance, excellent durability, and resistance to corrosive substances and ultraviolet (UV) radiation. It finds diverse applications in producing fire-resistant textiles, reinforced plastics, and construction materials.

The basalt fiber market is primarily driven by rapid industrialization and large-scale infrastructural developments across the world. Besides this, widespread product utilization in a variety of construction activities owing to its high cost-effectiveness and non-corrosive qualities is creating a positive outlook for market expansion. Moreover, the increasing adoption of discrete basalt fiber as an efficient alternative to steel and other fiber reinforcements in manufacturing lightweight automotive and aircraft components is contributing to the market growth. In addition to this, the escalating environmental awareness is propelling the demand for basalt fiber due to its recyclability and environmental friendliness, thereby enhancing market prospects. Furthermore, ongoing technological advancements and product innovations, such as basalt fiber-reinforced plastic (BFRP) that lends additional structural support and reduces corrosion-related damage in construction projects, are presenting remunerative growth opportunities for the market.

Basalt Fiber Market Trends/Drivers:

Rapid industrialization and infrastructural developments

One of the prime factors impelling the global basalt fiber market is the swift pace of industrialization and large-scale infrastructural progress across the globe. With nations evolving and expanding, there is an escalating need for infrastructural investments, which is fueling the demand for robust and durable construction materials such as basalt fibers. Besides this, the rising product adoption due to their superior cost-effectiveness and resistance to corrosion is creating a positive outlook for market expansion. In addition to this, the shifting preference for basalt fibers over traditional materials in the construction of residential, commercial, and industrial structures is propelling the market forward.

Eco-friendliness and recyclability

The global shift towards sustainability and the drive to reduce carbon footprints are significantly contributing to the basalt fiber market's expansion. The escalating consumer consciousness regarding their environmental responsibilities is increasing the demand for naturally occurring, sustainable, and recyclable materials, such as basalt fibers, which is acting as a crucial growth-inducing factor. In line with this, expanding product utilization due to its ability to recycle, which helps mitigate waste and landfill contribution and decrease the consumption of resources by reusing materials, is favoring the market growth. Moreover, the surging focus on sustainable development and the implementation of supportive government policies aimed at reducing carbon footprints are aiding in market expansion.

Ongoing innovations and material substitution

The versatility of basalt fiber is another key driver propelling the market growth. The rising product utilization as an efficient alternative to steel and other fiber reinforcements in producing lightweight components for the flourishing automotive and aerospace industries is positively impacting the market growth. In addition to this, ongoing product innovations, such as the introduction of basalt fiber-reinforced plastic (BFRP), are propelling the market forward. BFRP offers enhanced structural support to constructions while reducing corrosion-associated damage. These innovative applications of basalt fiber in diverse industries are significantly driving its global market demand.

Basalt Fiber Industry Segmentation:

Breakup by Product:

Rebar

Fabric

Roving

Chopped Strands

Mesh and Grids

Others

Roving is dominating the market

The demand for roving in the global basalt fiber market is primarily driven by its wide range of applications in diverse industries. Roving, which is a bundle of continuous basalt fibers, is widely used in the manufacturing sector, especially in the production of high-performance automotive, aerospace, and marine components, due to its excellent strength-to-weight ratio, superior heat resistance, and durability. Furthermore, the expanding shift towards sustainable and environmentally friendly manufacturing practices is encouraging the use of roving basalt fiber as a substitute for traditional materials, such as glass and carbon fibers, creating a positive outlook for market expansion.

Breakup by Type:

Composites

Non-Composites

Composites hold a larger share in the market

The surging demand for composite basalt fiber due to its excellent durability, resistance to corrosive elements, and high-temperature tolerance across sectors is presenting lucrative growth opportunities for the market. Concurrent with this, the emerging trends towards lightweight materials in the automotive and aerospace industries are spurring the demand for composite basalt fiber as it helps reduce weight while maintaining structural integrity. Besides this, the rising consumer awareness about its environmental benefits, coupled with cost-effectiveness compared to other composite materials, such as carbon and glass fibers, is strengthening the market growth.

Breakup by Form:

Continuous

Discrete

Continuous basalt fiber is dominating the market

The large-scale demand for continuous basalt fiber due to its unique characteristics, such as high tensile strength, chemical resistance, and excellent heat insulation properties, is contributing to the market's growth. Besides this, extensive product application in reinforcing plastics and producing lightweight, high-strength materials, particularly valued in the automotive and aerospace sectors for enhancing fuel efficiency, is aiding in market expansion. Moreover, continuous basalt fiber is not only recyclable, but its manufacturing process also leaves a lower carbon footprint compared to traditional fibers, thus bolstering its appeal in a sustainability-conscious market.

Breakup by Method:

Pultrusion

Prepregs

Compression Moulding

Hand Layup

Resin Moulding

Vacuum Infusion

Spray Gun

Filament Winding

Others

Pultrusion holds a larger share in the market

Pultrusion, a continuous molding process, produces basalt fibers with uniform properties and high strength, making them particularly suitable for load-bearing applications in industries such as construction, automotive, and aerospace. In addition to this, pultrusion-based basalt fibers have excellent corrosion resistance and heat insulation properties, which is propelling their adoption across the flourishing infrastructure development and construction sector. The material's high strength-to-weight ratio makes it ideal for reinforcing concrete structures, improving their durability and resistance to harsh environments. It is also used in manufacturing pipes, panels, and profiles for various industrial applications, further favoring the market growth.

Breakup by End Use Industry:

Automotive and Transportation

Construction and Infrastructure

Electrical and Electronics

Wind Energy

Marines

Others

Construction and infrastructure are dominating the market

The demand for basalt fiber in the construction and infrastructure industry is rising due to the distinctive properties that make it ideal for various applications. Basalt fiber's high tensile strength, thermal resistance, and corrosion resistance make it suitable for reinforcing concrete structures, thus enhancing their durability. Its light weight compared to traditional construction materials leads to ease of handling and transport, further contributing to cost-effectiveness. Apart from this, basalt fiber exhibits exceptional fire resistance properties, making it suitable for applications, such as fire-resistant doors, partitions, and cladding systems, to enhance the safety of buildings. Apart from this, basalt fiber offers a combination of aesthetics, durability, and weather resistance, making it an essential material in numerous construction applications.

Breakup by Region:

North America

United States

Canada

Asia Pacific

China

Japan

India

South Korea

Australia

Indonesia

Others

Europe

Germany

France

United Kingdom

Italy

Spain

Russia

Others

Latin America

Brazil

Mexico

Others

Middle East and Africa

Asia Pacific exhibits a clear dominance in the market, accounting for the largest basalt fiber market share

The report has also provided a comprehensive analysis of all the major regional markets, which include North America (the United States and Canada); Europe (Germany, France, the United Kingdom, Italy, Spain, Russia, and others); Asia Pacific (China, Japan, India, South Korea, Australia, Indonesia, and others); Latin America (Brazil, Mexico, and others); and the Middle East and Africa.

The basalt fiber market in the Asia Pacific region is experiencing substantial growth driven by rapid industrialization and urbanization and extensive infrastructural development, particularly in China, India, and Southeast Asian nations. Besides this, the region hosts many manufacturing industries, particularly in the automotive and aerospace sectors. The increasing trend towards lightweight, high-strength materials in these sectors for improved efficiency is propelling demand for basalt fiber. Apart from this, the implementation of favorable government regulations and policies promoting the use of eco-friendly materials, such as basalt fiber, is acting as another significant growth-inducing factor.

Competitive Landscape:

The global basalt fiber market is characterized by a competitive landscape with several key players vying for market share. These players include manufacturers, suppliers, and distributors of basalt fiber products. While the market is relatively nascent compared to other fiber markets, it is witnessing significant growth and attracting attention from various industries. The leading market players have established their presence through extensive research and development activities, strategic partnerships, and continuous product innovations. They possess advanced manufacturing technologies and have invested in raising their production capacities to meet the growing demand. Additionally, there are numerous smaller players and new entrants in the market, driven by increasing demand for basalt fibers, particularly in industries such as construction, automotive, and aerospace, further contributing to the dynamic market competition.

The report has provided a comprehensive analysis of the competitive landscape in the market. Detailed profiles of all major companies have also been provided. Some of the key players in the market include:

ASA.TEC GmbH

Basaltex NV

INCOTELOGY GmbH

Isomatex

Kamenny Vek

Mafic

Shanxi Basalt Fiber Technology Co. Ltd

sjn AG Suchmaschine der Technik

Sudaglass Fiber Technology

Technobasalt-Invest LLC

Zhejiang Hengdian Imp. & Exp. Co. Ltd.

Key Questions Answered in This Report

• 1. What was the size of the global basalt fiber market in 2024?
• 2. What is the expected growth rate of the global basalt fiber market during 2025-2033?
• 3. What has been the impact of COVID-19 on the global basalt fiber market?
• 4. What are the key factors driving the global basalt fiber market?
• 5. What is the breakup of the global basalt fiber market based on the product?
• 6. What is the breakup of the global basalt fiber market based on the type?
• 7. What is the breakup of the global basalt fiber market based on the form?
• 8. What is the breakup of the global basalt fiber market based on the method?
• 9. What is the breakup of the global basalt fiber market based on the end use industry?
• 10. What are the key regions in the global basalt fiber market?
• 11. Who are the key players/companies in the global basalt fiber market?

Table of Contents

1 Preface

2 Scope and Methodology

• 2.1 Objectives of the Study
• 2.2 Stakeholders
• 2.3 Data Sources
  • 2.3.1 Primary Sources
  • 2.3.2 Secondary Sources
• 2.4 Market Estimation
  • 2.4.1 Bottom-Up Approach
  • 2.4.2 Top-Down Approach
• 2.5 Forecasting Methodology

3 Executive Summary

4 Introduction

• 4.1 Overview
• 4.2 Key Industry Trends

5 Global Basalt Fiber Market

• 5.1 Market Overview
• 5.2 Market Performance
• 5.3 Impact of COVID-19
• 5.4 Market Forecast

6 Market Breakup by Product

• 6.1 Rebar
  • 6.1.1 Market Trends
  • 6.1.2 Market Forecast
• 6.2 Fabric
  • 6.2.1 Market Trends
  • 6.2.2 Market Forecast
• 6.3 Roving
  • 6.3.1 Market Trends
  • 6.3.2 Market Forecast
• 6.4 Chopped Strands
  • 6.4.1 Market Trends
  • 6.4.2 Market Forecast
• 6.5 Mesh and Grids
  • 6.5.1 Market Trends
  • 6.5.2 Market Forecast
• 6.6 Others
  • 6.6.1 Market Trends
  • 6.6.2 Market Forecast

7 Market Breakup by Type

• 7.1 Composites
  • 7.1.1 Market Trends
  • 7.1.2 Market Forecast
• 7.2 Non-Composites
  • 7.2.1 Market Trends
  • 7.2.2 Market Forecast

8 Market Breakup by Form

• 8.1 Continuous
  • 8.1.1 Market Trends
  • 8.1.2 Market Forecast
• 8.2 Discrete
  • 8.2.1 Market Trends
  • 8.2.2 Market Forecast

9 Market Breakup by Method

• 9.1 Pultrusion
  • 9.1.1 Market Trends
  • 9.1.2 Market Forecast
• 9.2 Prepregs
  • 9.2.1 Market Trends
  • 9.2.2 Market Forecast
• 9.3 Compression Moulding
  • 9.3.1 Market Trends
  • 9.3.2 Market Forecast
• 9.4 Hand Layup
  • 9.4.1 Market Trends
  • 9.4.2 Market Forecast
• 9.5 Resin Moulding
  • 9.5.1 Market Trends
  • 9.5.2 Market Forecast
• 9.6 Vacuum Infusion
  • 9.6.1 Market Trends
  • 9.6.2 Market Forecast
• 9.7 Spray Gun
  • 9.7.1 Market Trends
  • 9.7.2 Market Forecast
• 9.8 Filament Winding
  • 9.8.1 Market Trends
  • 9.8.2 Market Forecast
• 9.9 Others
  • 9.9.1 Market Trends
  • 9.9.2 Market Forecast

10 Market Breakup by End Use Industry

• 10.1 Automotive and Transportation
  • 10.1.1 Market Trends
  • 10.1.2 Market Forecast
• 10.2 Construction and Infrastructure
  • 10.2.1 Market Trends
  • 10.2.2 Market Forecast
• 10.3 Electrical and Electronics
  • 10.3.1 Market Trends
  • 10.3.2 Market Forecast
• 10.4 Wind Energy
  • 10.4.1 Market Trends
  • 10.4.2 Market Forecast
• 10.5 Marines
  • 10.5.1 Market Trends
  • 10.5.2 Market Forecast
• 10.6 Others
  • 10.6.1 Market Trends
  • 10.6.2 Market Forecast

11 Market Breakup by Region

• 11.1 North America
  • 11.1.1 United States
    • 11.1.1.1 Market Trends
    • 11.1.1.2 Market Forecast
  • 11.1.2 Canada
    • 11.1.2.1 Market Trends
    • 11.1.2.2 Market Forecast
• 11.2 Asia Pacific
  • 11.2.1 China
    • 11.2.1.1 Market Trends
    • 11.2.1.2 Market Forecast
  • 11.2.2 Japan
    • 11.2.2.1 Market Trends
    • 11.2.2.2 Market Forecast
  • 11.2.3 India
    • 11.2.3.1 Market Trends
    • 11.2.3.2 Market Forecast
  • 11.2.4 South Korea
    • 11.2.4.1 Market Trends
    • 11.2.4.2 Market Forecast
  • 11.2.5 Australia
    • 11.2.5.1 Market Trends
    • 11.2.5.2 Market Forecast
  • 11.2.6 Indonesia
    • 11.2.6.1 Market Trends
    • 11.2.6.2 Market Forecast
  • 11.2.7 Others
    • 11.2.7.1 Market Trends
    • 11.2.7.2 Market Forecast
• 11.3 Europe
  • 11.3.1 Germany
    • 11.3.1.1 Market Trends
    • 11.3.1.2 Market Forecast
  • 11.3.2 France
    • 11.3.2.1 Market Trends
    • 11.3.2.2 Market Forecast
  • 11.3.3 United Kingdom
    • 11.3.3.1 Market Trends
    • 11.3.3.2 Market Forecast
  • 11.3.4 Italy
    • 11.3.4.1 Market Trends
    • 11.3.4.2 Market Forecast
  • 11.3.5 Spain
    • 11.3.5.1 Market Trends
    • 11.3.5.2 Market Forecast
  • 11.3.6 Russia
    • 11.3.6.1 Market Trends
    • 11.3.6.2 Market Forecast
  • 11.3.7 Others
    • 11.3.7.1 Market Trends
    • 11.3.7.2 Market Forecast
• 11.4 Latin America
  • 11.4.1 Brazil
    • 11.4.1.1 Market Trends
    • 11.4.1.2 Market Forecast
  • 11.4.2 Mexico
    • 11.4.2.1 Market Trends
    • 11.4.2.2 Market Forecast
  • 11.4.3 Others
    • 11.4.3.1 Market Trends
    • 11.4.3.2 Market Forecast
• 11.5 Middle East and Africa
  • 11.5.1 Market Trends
  • 11.5.2 Market Breakup by Country
  • 11.5.3 Market Forecast

12 SWOT Analysis

• 12.1 Overview
• 12.2 Strengths
• 12.3 Weaknesses
• 12.4 Opportunities
• 12.5 Threats

13 Value Chain Analysis

14 Porters Five Forces Analysis

• 14.1 Overview
• 14.2 Bargaining Power of Buyers
• 14.3 Bargaining Power of Suppliers
• 14.4 Degree of Competition
• 14.5 Threat of New Entrants
• 14.6 Threat of Substitutes

15 Price Analysis

16 Competitive Landscape

• 16.1 Market Structure
• 16.2 Key Players
• 16.3 Profiles of Key Players
  • 16.3.1 ASA.TEC GmbH
    • 16.3.1.1 Company Overview
    • 16.3.1.2 Product Portfolio
    • 16.3.1.3 Financials
  • 16.3.2 Basaltex NV
    • 16.3.2.1 Company Overview
    • 16.3.2.2 Product Portfolio
    • 16.3.2.3 Financials
  • 16.3.3 INCOTELOGY GmbH
    • 16.3.3.1 Company Overview
    • 16.3.3.2 Product Portfolio
    • 16.3.3.3 Financials
  • 16.3.4 Isomatex
    • 16.3.4.1 Company Overview
    • 16.3.4.2 Product Portfolio
  • 16.3.5 Kamenny Vek
    • 16.3.5.1 Company Overview
    • 16.3.5.2 Product Portfolio
  • 16.3.6 Mafic
    • 16.3.6.1 Company Overview
    • 16.3.6.2 Product Portfolio
  • 16.3.7 Shanxi Basalt Fiber Technology Co. Ltd.
    • 16.3.7.1 Company Overview
    • 16.3.7.2 Product Portfolio
  • 16.3.8 sjn AG Suchmaschine der Technik
    • 16.3.8.1 Company Overview
    • 16.3.8.2 Product Portfolio
  • 16.3.9 Sudaglass Fiber Technology
    • 16.3.9.1 Company Overview
    • 16.3.9.2 Product Portfolio
  • 16.3.10 Technobasalt-Invest LLC
    • 16.3.10.1 Company Overview
    • 16.3.10.2 Product Portfolio
  • 16.3.11 Zhejiang Hengdian Imp. & Exp. Co. Ltd.
    • 16.3.11.1 Company Overview
    • 16.3.11.2 Product Portfolio