The Global Continuous Basalt Fibers Market was valued at USD 224.7 million in 2024 and is projected to reach USD 398.5 million by 2030, growing at a Compound Annual Growth Rate (CAGR) of 10.1% during the forecast period (2024–2030). This robust growth is fueled by the material’s superior mechanical properties, corrosion resistance, and expanding applications across the construction, automotive, and aerospace sectors as industries increasingly seek high-performance, sustainable alternatives to traditional materials like fiberglass and carbon fiber.

As global infrastructure and manufacturing pivot towards durability and eco-efficiency, continuous basalt fibers (CBF) are emerging as a critical material of the future. In this blog, we profile the Top 10 Companies in the Continuous Basalt Fibers Industry—a group of material science innovators and production leaders who are establishing the supply chains and technological standards for this advanced composite material.

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🔟 1. Kamenny Vek

Headquarters: Dubna, Moscow Region, Russia
Key Offering: Continuous Basalt Fiber, Basalt Fiber Roving, Chopped Strands, Fabrics

Kamenny Vek is a global pioneer and one of the largest producers of continuous basalt fibers, operating one of the most advanced production facilities in the world. The company’s proprietary technology allows for high-volume production of consistent, high-quality fibers used in a wide array of composite applications, from rebar to automotive parts.

Innovation & Market Position:

• Extensive R&D focused on improving fiber tensile strength and thermal stability

• Strategic partnerships with composite manufacturers across Europe and Asia

• Significant production capacity, serving as a benchmark for the industry

Download FREE Sample Report: Global Continuous Basalt Fibers Market – View in Detailed Research Report

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9️⃣ 2. Technobasalt-Invest LLC

Headquarters: Kyiv, Ukraine
Key Offering: Basalt Fiber Products, Reinforcing Meshes, Basalt Rebar, CBF Roving

Technobasalt-Invest is a leading European manufacturer with a strong focus on infrastructure solutions. The company produces a comprehensive range of basalt fiber products, prominently featuring basalt rebar, which offers a non-corrosive alternative to steel in concrete construction.

Innovation & Market Position:

• Specialization in basalt fiber reinforced polymer (BFRP) rebar for civil engineering

• Certified products meeting international construction standards (e.g., ASTM, ISO)

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8️⃣ 3. Mafic SA

Headquarters: Kells, County Meath, Ireland
Key Offering: Continuous Basalt Fibers, Hybrid Products, Custom Fiber Formulations

Mafic SA operates one of the largest basalt fiber production facilities in the Western world. The company emphasizes sustainable production and has developed hybrid products that combine basalt fibers with other materials to create tailored composite solutions for the automotive and thermal management industries.

Innovation & Market Position:

• Focus on reducing the carbon footprint of composite manufacturing

• Strong presence in the North American and European automotive supply chains

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7️⃣ 4. BASALTEX GmbH

Headquarters: Schwalbach, Germany
Key Offering: Basalt Fiber Textiles, Nonwovens, Composite Reinforcement Materials

BASALTEX specializes in converting continuous basalt fibers into textile and nonwoven products. Their expertise lies in creating fabrics and mats used for high-temperature insulation, filtration, and as reinforcement in plastics and resins, catering to technical and industrial applications.

Innovation & Market Position:

• Expertise in textile engineering for high-performance basalt fabrics

• Serves niche markets requiring thermal and chemical resistance

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6️⃣ 5. Jiangsu GMV New Material Science & Technology Co., Ltd.

Headquarters: Nanjing, Jiangsu, China
Key Offering: Basalt Fiber Roving, Chopped Fibers, CBF Yarn

Jiangsu GMV is a major player in the Asia-Pacific market, supplying continuous basalt fibers to the construction and industrial sectors. The company benefits from proximity to raw basalt rock sources and has developed cost-effective production processes.

Innovation & Market Position:

• Strategic focus on the rapidly growing Asian infrastructure market

• Competitive pricing advantageous for large-scale civil projects

Download FREE Sample Report: Global Continuous Basalt Fibers Market – View in Detailed Research Report

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5️⃣ 6. Shanxi Basalt Fiber Technology Co., Ltd.

Headquarters: Taiyuan, Shanxi, China
Key Offering: Continuous Basalt Fiber, Basalt Scale, Composite Materials

Shanxi Basalt Fiber Technology is dedicated to the research, development, and production of CBF. The company is actively involved in expanding the application scope of basalt fibers within China, particularly in transportation and environmental engineering projects.

Innovation & Market Position:

• Strong governmental and institutional support for R&D initiatives

• Development of basalt fiber products for seismic reinforcement and road construction

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4️⃣ 7. Mudanjiang Jinshi Basalt Fiber Co., Ltd.

Headquarters: Mudanjiang, Heilongjiang, China
Key Offering: Basalt Continuous Filament, Basalt Wool, Needled Mat

Located in a resource-rich region, Mudanjiang Jinshi leverages local basalt quarries for its production. The company produces both continuous filaments for composites and discontinuous fibers for insulation, serving diverse market needs from a single material base.

Innovation & Market Position:

• Vertical integration from raw material extraction to fiber production

• Diverse product portfolio addressing both composite and insulation markets

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3️⃣ 8. Russian Basalt

Headquarters: Moscow, Russia
Key Offering: Continuous Basalt Fiber, Basalt Rebars, Geogrids

Russian Basalt focuses on engineering solutions for the construction industry. The company’s product line is heavily oriented towards geotechnical and structural applications, promoting basalt fiber products as a durable and long-lasting solution for harsh environments.

Innovation & Market Position:

• Emphasis on durability and lifecycle cost advantages over traditional materials

• Active in projects within the CIS and Middle Eastern markets

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2️⃣ 9. Basalt Fiber Tech

Headquarters: China (Multiple Production Bases)
Key Offering: CBF Roving, Chopped Strands, Woven Fabrics

Basalt Fiber Tech is a significant manufacturer with a focus on scaling production to meet global demand. The company supplies intermediary products to composite part fabricators worldwide, emphasizing consistency and quality in its fiber output.

Innovation & Market Position:

• Investment in automated production lines for high-volume output

• Strategic export operations to North America and Europe

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1️⃣ 10. Isomatex S.A.

Headquarters: Grace-Hollogne, Belgium
Key Offering: Specialty Basalt Fibers, Technical Textiles, Customized Composites

Isomatex specializes in high-value, technical applications for basalt fibers. The company’s strengths lie in producing bespoke fiber forms and textiles for demanding sectors such as aerospace, ballistics, and specialized industrial filtration.

Innovation & Market Position:

• Focus on high-margin, niche applications with stringent performance requirements

• Strong R&D capabilities for developing application-specific fiber treatments and coatings

Get Full Report Here: Global Continuous Basalt Fibers Market – View in Detailed Research Report

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🏗️ Outlook: The Future of Continuous Basalt Fibers Is Stronger and Greener

The continuous basalt fiber market is experiencing a significant upswing. While still a fraction of the global fiber-reinforced composites market, its growth trajectory is steep, driven by the compelling advantages of basalt as a raw material and increasing environmental regulations favoring sustainable products.

📈 Key Trends Shaping the Market:

• Accelerating adoption of Basalt Fiber Reinforced Polymer (BFRP) rebar in concrete construction to combat corrosion

• Growing demand from the wind energy sector for lightweight, durable turbine blades

• Expansion into the automotive industry for lightweighting components to improve fuel efficiency

• Rising investments in production capacity, particularly in Asia and North America, to reduce reliance on imports

Get Full Report Here: Global Continuous Basalt Fibers Market – View in Detailed Research Report

The companies listed above are not only manufacturing a superior material—they are building the foundation for more resilient and sustainable infrastructure worldwide.