Construction and Lightweight Composites Drive Global Continuous Basalt Fiber Market Past US$300 Million by 2031

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Industry Experts, Inc. has announced the publication of a new research report titled "Global Continuous Basalt Fiber (CBF) Market - Product Forms and Applications." According to the report, global revenues from continuous basalt fibers are expected to rise from around US$178 million in 2024 to nearly US$306 million by 2031, expanding at a CAGR of 8% during the forecast period 2025-2031.

Continuous basalt fiber (CBF), produced directly from volcanic rock, continues to gain momentum across multiple industries for its superior strength, corrosion resistance, and thermal stability. The Construction & Infrastructure segment remains the leading consumer of basalt fibers, driven by rising use of basalt rebar, fabrics, and mesh in bridges, tunnels, and marine structures. Meanwhile, the Pipes & Tanks segment is projected to register the fastest growth through 2031, supported by lightweighting and sustainability initiatives.

By product form, Rovings constitute the largest market share, serving as key feedstock for rebar, composites, and fabrics, while Fabrics and Chopped Strands are experiencing growing adoption in structural reinforcement and high-temperature applications. Asia-Pacific dominates the global market and is also the fastest-growing region, supported by China's leading production capacity and government-backed material innovation programs. Europe follows closely with strong growth from infrastructure rehabilitation and green mobility projects.

The study covers five major geographic regions, North America, Europe, Asia-Pacific, Latin America, and the Middle East & Africa, and provides in-depth analysis across 11 key countries, including the United States, Germany, Russia, China, India, and Japan. Market estimates are presented in metric tons and US$, segmented by Product Form (Rovings, Chopped Strands, Fabrics, and Other Forms) and Application (Construction & Infrastructure; Automotive & Transportation; Electrical & Electronics; Industrial; Pipes & Tanks; and Other Applications).

The report profiles over 30 leading companies in the global basalt fiber industry, including Kamenny Vek, Technobasalt Invest, Isomatex S.A., Basaltex NV, ABV Holding LLC, Basalt Uzbekistan, Arab Basalt Fiber Company, and Sichuan Aerospace Tuoxin Basalt Industrial Co., Ltd.

For sample pages or purchase options, contact +1-320-497-3787 or visit Continuous basalt fiber (CBF) market report.

About Industry Experts, Inc.
Industry Experts, Inc. is a global market research and consulting firm dedicated to delivering reliable, data-driven insights across emerging and established industries. The company specializes in high-growth markets such as advanced materials, chemicals, and technology, offering strategic intelligence that helps organizations navigate evolving opportunities worldwide. For more information, contact +1-320-497-3787 or visit https://industry-experts.com/.

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