The Global Continuous and Discrete Non-metallic Fibers (Basalt Fiber) Market was valued at USD 62 Million in 2025 and is projected to reach USD 75 Million by 2032, growing at a Compound Annual Growth Rate (CAGR) of 3.6% during the forecast period (2025–2032). This robust growth is primarily driven by increasing demand from the construction and infrastructure sector, the automotive industry’s focus on lightweighting, and the superior material properties of basalt fibers, including high tensile strength, corrosion resistance, and thermal stability.

As industries worldwide pivot towards more sustainable and durable material solutions, basalt fiber is emerging as a compelling alternative to traditional materials like fiberglass and steel. In this blog, we profile the Top 10 Companies in the Continuous and Discrete Non-metallic Fibers (Basalt Fiber) Industry—a group of pioneering manufacturers and innovators who are shaping the future of high-performance composites.

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🔟 1. Kamenny Vek

Headquarters: Moscow, Russia
Key Offering: Continuous Basalt Fiber (CBF), Roving, Chopped Strands, Basalt Fabrics

Kamenny Vek is widely regarded as a global pioneer and one of the largest producers of continuous basalt fiber. The company operates one of the most advanced production facilities and has extensive expertise in extracting and processing high-quality basalt rock. Its products are used in a wide array of applications, from construction composites to automotive parts.

Innovation & Market Position:

• Leading global capacity for continuous basalt fiber production

• Extensive R&D focus on improving fiber properties and developing new applications

• Strong presence in European and Asian markets

Download FREE Sample Report: Continuous and Discrete Non-metallic Fibers (Basalt Fiber) Market – View in Detailed Research Report

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9️⃣ 2. Mafic SA

Headquarters: Dublin, Ireland
Key Offering: Continuous Basalt Fiber, Hybrid Yarns, Thermoplastic Compounds

Mafic SA is a key international player known for its proprietary manufacturing processes and focus on hybrid materials. The company produces high-performance basalt fibers that compete directly with fiberglass and carbon fiber in terms of strength and weight, making them ideal for the automotive and aerospace industries.

Innovation & Market Position:

• Specialization in hybrid basalt fiber products for enhanced performance

• Strategic partnerships with automotive OEMs and composite manufacturers

• Commitment to sustainable production practices

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8️⃣ 3. Technobasalt-Invest LLC

Headquarters: Kyiv, Ukraine
Key Offering: Continuous Basalt Fibers, Basalt Rebar, Basalt Mesh

Technobasalt-Invest is a major European manufacturer with a strong focus on construction applications. The company produces a comprehensive range of basalt fiber products, including innovative basalt rebar, which is increasingly used as a non-corrosive alternative to steel in concrete reinforcement.

Innovation & Market Position:

• Leading supplier of basalt rebar for infrastructure projects

• Vertically integrated operations from raw material to finished product

• Significant exports to North America and the Middle East

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7️⃣ 4. Zhejiang GBF Basalt Fiber Co.

Headquarters: Zhejiang, China
Key Offering: Continuous & Discrete Basalt Fibers, Chopped Strands, Basalt Fabrics

Zhejiang GBF Basalt Fiber is one of China’s leading producers, playing a crucial role in supplying the booming Asia-Pacific market. The company has been actively expanding its production capacity to meet growing domestic and international demand, particularly from the construction and industrial sectors.

Innovation & Market Position:

• Recent capacity expansion to over 10,000 tons per year

• Cost-competitive manufacturing enabling wider adoption

• Strong distribution network across Southeast Asia

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6️⃣ 5. Russian Basalt

Headquarters: Moscow, Russia
Key Offering: Continuous Basalt Fiber, Roving, Chopped Fibers

Russian Basalt is another significant player from Russia, leveraging the country’s abundant high-quality basalt resources. The company supplies fibers for various technical applications, including filtration, insulation, and composite materials, serving both domestic and international markets.

Innovation & Market Position:

• Focus on technical and industrial applications beyond construction

• Competitive pricing strategy for market penetration

• Growing export activities to Europe and Central Asia

Download FREE Sample Report: Continuous and Discrete Non-metallic Fibers (Basalt Fiber) Market – View in Detailed Research Report

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5️⃣ 6. ISOMATEX SA

Headquarters: Brussels, Belgium
Key Offering: Specialty Basalt Fiber Textiles, High-Temperature Fabrics, Composites

ISOMATEX SA distinguishes itself by focusing on high-value, specialty basalt fiber textiles. The company’s products are engineered for demanding applications that require exceptional thermal resistance and mechanical properties, such as fire protection, aerospace, and high-temperature filtration.

Innovation & Market Position:

• Expertise in weaving and textile engineering for basalt fibers

• Products certified for fire resistance and high-temperature applications

• Serves niche markets with premium, performance-oriented solutions

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4️⃣ 7. INCOTELOGY GmbH

Headquarters: Hamburg, Germany
Key Offering: Basalt Fiber Roving, Customized Fiber Solutions

INCOTELOGY GmbH is a German specialist known for its high-quality basalt fiber roving and tailored solutions for the composite industry. The company works closely with customers to develop application-specific fiber products, emphasizing technical support and product consistency.

Innovation & Market Position:

• Strong focus on customer-specific product development

• High-quality standards aligned with German engineering principles

• Key supplier to European automotive and wind energy sectors

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3️⃣ 8. Sudaglass Basalt Fiber Technology

Headquarters: Texas, USA
Key Offering: Basalt Fiber Roving, Chopped Fiber, Basalt Mesh

Sudaglass is a prominent North American player, supplying basalt fibers for construction, automotive, and marine applications. The company promotes basalt fiber as an environmentally friendly material and has been instrumental in raising awareness of its benefits in the Western Hemisphere.

Innovation & Market Position:

• Pioneering role in the North American basalt fiber market

• Focus on sustainable and green building material applications

• Active participation in industry conferences and standards development

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2️⃣ 9. Shanxi Basalt Fiber Technology Co., Ltd

Headquarters: Shanxi, China
Key Offering: Continuous Basalt Fiber, Basalt Reinforcements

Shanxi Basalt Fiber Technology is a growing Chinese manufacturer capitalizing on the country’s massive infrastructure development. The company produces fibers primarily for the domestic construction market, where basalt rebar and mesh are gaining traction for their durability and corrosion resistance.

Innovation & Market Position:

• Strategic location in a region with rich basalt deposits

• Growing production capacity to serve local infrastructure projects

• Cost-effective solutions for price-sensitive markets

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1️⃣ 10. Mudanjiang Basalt Fiber Co.

Headquarters: Heilongjiang, China
Key Offering: Basalt Continuous Fiber, Discrete Fibers for Concrete

Mudanjiang Basalt Fiber Co. completes the list as a significant regional producer in Northeast China. The company supplies fibers for concrete reinforcement and other industrial applications, contributing to the localization of basalt fiber production within Asia.

Innovation & Market Position:

• Focus on discrete fibers for concrete and mortar reinforcement

• Serves the growing Northeast Asian market

• Investment in scaling up production efficiency

Get Full Report Here: Continuous and Discrete Non-metallic Fibers (Basalt Fiber) Market – View in Detailed Research Report

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🌍 Outlook: The Future of Basalt Fiber is Sustainable and High-Performance

The continuous and discrete non-metallic fibers (basalt fiber) market is undergoing a significant transformation. While traditional materials still dominate many applications, the industry is increasingly investing in advanced composite solutions, innovative manufacturing technologies, and expanded application areas to drive growth.

📈 Key Trends Shaping the Market:

• Rising adoption in green building and sustainable infrastructure projects

• Increasing use in automotive lightweighting for electric vehicles

• Technological advancements reducing production costs and improving fiber quality

• Growing regulatory support for non-corrosive and fire-resistant construction materials

Get Full Report Here: Continuous and Discrete Non-metallic Fibers (Basalt Fiber) Market – View in Detailed Research Report

The companies listed above are not only supplying advanced materials—they’re driving the innovation and adoption of sustainable, high-performance solutions across global industries.