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PUBLISHER: Grand View Research | PRODUCT CODE: 1772337
PUBLISHER: Grand View Research | PRODUCT CODE: 1772337
Basalt Rock Market Size, Share & Trends Analysis Report By Product Type (Basalt Fiber, Basalt Aggregates, Basalt Tiles/Slabs), By End-use (Building & Construction, Infrastructure), By Region, And Segment Forecasts, 2025 - 2030
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PAGES: 110 Pages
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Basalt Rock Market Growth & Trends:
The global basalt rock market size is anticipated to reach USD 2,782.7 million by 2030 and is projected to grow at a CAGR of 7.0% from 2025 to 2030, according to a new report by Grand View Research, Inc. Basalt rock is widely used across various industries due to its exceptional mechanical and thermal properties. In the construction and infrastructure sector, it serves as an aggregate in concrete and asphalt, and as reinforcement through basalt rebar and mesh, offering high durability and corrosion resistance. The aerospace and automotive industries utilize basalt fiber composites for lightweight, heat-resistant, and vibration-damping components.
The rapid growth of the building and construction industry, fueled by urbanization, innovative city projects, and green infrastructure initiatives, drives demand for basalt rock. With high tensile strength, corrosion and fire resistance, and eco-friendliness, basalt is increasingly used in rebar, tiles, and fiber reinforcements. Government initiatives such as India's NIP, Saudi Arabia's Vision 2030, and U.S. infrastructure investments are accelerating this trend. As construction shifts toward sustainable and climate-resilient materials, basalt rock is emerging as a key alternative to steel and traditional aggregates.
The demand for basalt tiles and slabs is rising steadily within the construction and interior design sectors, driven by their strength, visual appeal, and sustainability. As a volcanic rock, basalt offers natural density, low porosity, and high resistance to wear, making it well-suited for indoor and outdoor use. These characteristics render basalt tiles ideal for flooring, wall cladding, countertops, paving, and facades-especially in high-traffic or moisture-prone areas such as commercial spaces, public infrastructure, and upscale residential projects.
Innovations in the basalt rock market have significantly enhanced its industrial applicability and versatility. Technologies such as precision fiber extrusion, automated weaving and molding systems, and hybrid basalt fiber formulations have allowed manufacturers to develop highly customized basalt products with complex structural characteristics. These advancements support the production of continuous basalt fibers (CBF), basalt rebar, mesh, and composite panels tailored for demanding use cases. As a result, basalt materials are now increasingly used in the aerospace, renewable energy, automotive, construction, and defense sectors.
For instance, innovations such as aluminum-coated basalt fibers for EMI shielding and high-tensile basalt fiber reinforcements for concrete applications have addressed specific needs such as electrical conductivity, durability, and resistance to environmental stress. This technological progress is expanding basalt's presence in traditional sectors like construction and enabling penetration into high-performance and sustainability-focused applications, such as thermal shielding in spacecraft, wind turbine blade components, and green infrastructure projects.
Countries such as China, India, and Southeast Asian nations are witnessing a surge in construction activities to accommodate expanding urban populations and to support industrial development. Basalt rock, known for its durability and resistance to environmental factors, is increasingly utilized in infrastructure projects, including roads, bridges, and buildings.
Basalt Rock Market Report Highlights:
- Based on product type, the basalt fiber segment is expected to register the fastest CAGR from 2025 to 2030, fueled by its outstanding mechanical and thermal characteristics and environmental benefits. Produced from natural basalt rock, this fiber boasts high tensile strength, thermal stability up to 800°C, exceptional corrosion resistance, and a lightweight structure.
- Based on end use, the building & construction segment accounted for the largest basalt rock market revenue share, in 2024, mainly due to rising demand for strong, sustainable, and cost-efficient materials in infrastructure projects. Valued for its high compressive strength, weathering resistance, and fire resistance, basalt rock is widely adopted in applications like aggregates, tiles, slabs, rebar, and insulation products.
- The Asia Pacific region's basalt rock market is growing strongly, fueled mainly by accelerating urbanization and industrial expansion. Nations like China, India, and Southeast Asia are seeing a sharp rise in construction activity to meet the needs of growing urban populations and industrial infrastructure. Due to its durability and resistance to environmental stressors, basalt rock is increasingly used in infrastructure projects such as roads, bridges, and buildings.
Product Code: GVR-4-68040-602-7
Table of Contents
Chapter 1. Methodology and Scope
- 1.1. Market Segmentation & Scope
- 1.2. Market Definition
- 1.3. Information Procurement
- 1.3.1. Information Analysis
- 1.3.2. Market Formulation & Data Visualization
- 1.3.3. Data Validation & Publishing
- 1.4. Research Scope and Assumptions
- 1.4.1. List of Data Sources
Chapter 2. Executive Summary
- 2.1. Market Snapshot
- 2.2. Segmental Outlook
- 2.3. Competitive Outlook
Chapter 3. Market Variables, Trends, and Scope
- 3.1. Market Lineage Outlook
- 3.2. Value Chain Analysis
- 3.3. Technology Overview
- 3.4. Regulatory Framework
- 3.5. Market Dynamics
- 3.5.1. Market Driver Analysis
- 3.5.2. Market Restraint Analysis
- 3.5.3. Industry Trends
- 3.5.3.1. Economic Trends
- 3.5.3.2. Trade Scenario
- 3.6. Porter's Five Forces Analysis
- 3.6.1. Bargaining Power of Suppliers
- 3.6.2. Bargaining Power of Buyers
- 3.6.3. Threat of Substitution
- 3.6.4. Threat of New Entrants
- 3.6.5. Competitive Rivalry
- 3.7. PESTLE Analysis
- 3.7.1. Political
- 3.7.2. Economic
- 3.7.3. Social Landscape
- 3.7.4. Technology
- 3.7.5. Environmental
- 3.7.6. Legal
Chapter 4. Basalt Rock Market: Product Type Estimates & Trend Analysis
- 4.1. Basalt Rock Market: Product Type Movement Analysis, 2024 & 2030
- 4.2. Basalt Fiber
- 4.2.1. Market estimates and forecasts, 2018 - 2030 (USD Million)
- 4.3. Basalt Aggregates
- 4.3.1. Market estimates and forecasts, 2018 - 2030 (USD Million)
- 4.4. Basalt Tiles/Slabs
- 4.4.1. Market estimates and forecasts, 2018 - 2030 (USD Million)
- 4.5. Others
- 4.5.1. Market estimates and forecasts, 2018 - 2030 (USD Million)
Chapter 5. Basalt Rock Market: End Use Estimates & Trend Analysis
- 5.1. Basalt Rock Market: End Use Movement Analysis, 2024 & 2030
- 5.2. Building & Construction
- 5.2.1. Market estimates and forecasts, 2018 - 2030 (USD Million)
- 5.3. Infrastructure
- 5.3.1. Market estimates and forecasts, 2018 - 2030 (USD Million)
- 5.4. Automotive & Transportation
- 5.4.1. Market estimates and forecasts, 2018 - 2030 (USD Million)
- 5.5. Aerospace & Defense
- 5.5.1. Market estimates and forecasts, 2018 - 2030 (USD Million)
- 5.6. Energy & Power
- 5.6.1. Market estimates and forecasts, 2018 - 2030 (USD Million)
- 5.7. Others
- 5.7.1. Market estimates and forecasts, 2018 - 2030 (USD Million)
Chapter 6. Basalt Rock Market: Regional Estimates & Trend Analysis
- 6.1. Regional Analysis, 2024 & 2030
- 6.2. North America
- 6.2.1. Market estimates and forecasts, 2018 - 2030 (USD Million)
- 6.2.2. Market estimates and forecasts, by product type, 2018 - 2030 (USD Million)
- 6.2.3. Market estimates and forecasts, by end use, 2018 - 2030 (USD Million)
- 6.2.4. U.S.
- 6.2.4.1. Market estimates and forecasts, 2018 - 2030 (USD Million)
- 6.2.4.2. Market estimates and forecasts, by product type, 2018 - 2030 (USD Million)
- 6.2.4.3. Market estimates and forecasts, by end use, 2018 - 2030 (USD Million)
- 6.2.5. Canada
- 6.2.5.1. Market estimates and forecasts, 2018 - 2030 (USD Million)
- 6.2.5.2. Market estimates and forecasts, by product type, 2018 - 2030 (USD Million)
- 6.2.5.3. Market estimates and forecasts, by end use, 2018 - 2030 (USD Million)
- 6.2.6. Mexico
- 6.2.6.1. Market estimates and forecasts, 2018 - 2030 (USD Million)
- 6.2.6.2. Market estimates and forecasts, by product type, 2018 - 2030 (USD Million)
- 6.2.6.3. Market estimates and forecasts, by end use, 2018 - 2030 (USD Million)
- 6.3. Europe
- 6.3.1. Market estimates and forecasts, 2018 - 2030 (USD Million)
- 6.3.2. Market estimates and forecasts, by product type, 2018 - 2030 (USD Million)
- 6.3.3. Market estimates and forecasts, by end use, 2018 - 2030 (USD Million)
- 6.3.4. Germany
- 6.3.4.1. Market estimates and forecasts, 2018 - 2030 (USD Million)
- 6.3.4.2. Market estimates and forecasts, by product type, 2018 - 2030 (USD Million)
- 6.3.4.3. Market estimates and forecasts, by end use, 2018 - 2030 (USD Million)
- 6.3.5. France
- 6.3.5.1. Market estimates and forecasts, 2018 - 2030 (USD Million)
- 6.3.5.2. Market estimates and forecasts, by product type, 2018 - 2030 (USD Million)
- 6.3.5.3. Market estimates and forecasts, by end use, 2018 - 2030 (USD Million)
- 6.3.6. UK
- 6.3.6.1. Market estimates and forecasts, 2018 - 2030 (USD Million)
- 6.3.6.2. Market estimates and forecasts, by product type, 2018 - 2030 (USD Million)
- 6.3.6.3. Market estimates and forecasts, by end use, 2018 - 2030 (USD Million)
- 6.3.7. Italy
- 6.3.7.1. Market estimates and forecasts, 2018 - 2030 (USD Million)
- 6.3.7.2. Market estimates and forecasts, by product type, 2018 - 2030 (USD Million)
- 6.3.7.3. Market estimates and forecasts, by end use, 2018 - 2030 (USD Million)
- 6.4. Asia Pacific
- 6.4.1. Market estimates and forecasts, 2018 - 2030 (USD Million)
- 6.4.2. Market estimates and forecasts, by product type, 2018 - 2030 (USD Million)
- 6.4.3. Market estimates and forecasts, by end use, 2018 - 2030 (USD Million)
- 6.4.4. China
- 6.4.4.1. Market estimates and forecasts, 2018 - 2030 (USD Million)
- 6.4.4.2. Market estimates and forecasts, by product type, 2018 - 2030 (USD Million)
- 6.4.4.3. Market estimates and forecasts, by end use, 2018 - 2030 (USD Million)
- 6.4.5. India
- 6.4.5.1. Market estimates and forecasts, 2018 - 2030 (USD Million)
- 6.4.5.2. Market estimates and forecasts, by product type, 2018 - 2030 (USD Million)
- 6.4.5.3. Market estimates and forecasts, by end use, 2018 - 2030 (USD Million)
- 6.4.6. Japan
- 6.4.6.1. Market estimates and forecasts, 2018 - 2030 (USD Million)
- 6.4.6.2. Market estimates and forecasts, by product type, 2018 - 2030 (USD Million)
- 6.4.6.3. Market estimates and forecasts, by end use, 2018 - 2030 (USD Million)
- 6.5. Latin America
- 6.5.1. Market estimates and forecasts, 2018 - 2030 (USD Million)
- 6.5.2. Market estimates and forecasts, by product type, 2018 - 2030 (USD Million)
- 6.5.3. Market estimates and forecasts, by end use, 2018 - 2030 (USD Million)
- 6.5.4. Brazil
- 6.5.4.1. Market estimates and forecasts, 2018 - 2030 (USD Million)
- 6.5.4.2. Market estimates and forecasts, by product type, 2018 - 2030 (USD Million)
- 6.5.4.3. Market estimates and forecasts, by end use, 2018 - 2030 (USD Million)
- 6.6. Middle East & Africa
- 6.6.1. Market estimates and forecasts, 2018 - 2030 (USD Million)
- 6.6.2. Market estimates and forecasts, by product type, 2018 - 2030 (USD Million)
- 6.6.3. Market estimates and forecasts, by end use, 2018 - 2030 (USD Million)
Chapter 7. Competitive Landscape
- 7.1. Recent Developments & Impact Analysis, By Key Market Participants
- 7.2. Kraljic Matrix
- 7.3. Company Categorization
- 7.4. Heat Map Analysis
- 7.5. Vendor Landscape
- 7.5.1. List of Raw Material Suppliers
- 7.5.2. List of Distributors
- 7.5.3. List of Other Prominent Manufacturers
- 7.6. List of Prospective End Users
- 7.7. Strategy Mapping
- 7.8. Company Profiles/Listing
- 7.8.1. Aravali India Marbles & Granites
- 7.8.1.1. Company Overview
- 7.8.1.2. Financial Performance
- 7.8.1.3. Product Benchmarking
- 7.8.2. Basaltex NV
- 7.8.2.1. Company Overview
- 7.8.2.2. Financial Performance
- 7.8.2.3. Product Benchmarking
- 7.8.3. Basalt Fiber Tech
- 7.8.3.1. Company Overview
- 7.8.3.2. Financial Performance
- 7.8.3.3. Product Benchmarking
- 7.8.4. Deutsche Basalt Faser GmbH
- 7.8.4.1. Company Overview
- 7.8.4.2. Financial Performance
- 7.8.4.3. Product Benchmarking
- 7.8.5. Galen Ltd
- 7.8.5.1. Company Overview
- 7.8.5.2. Financial Performance
- 7.8.5.3. Product Benchmarking
- 7.8.6. Jumeisheng
- 7.8.6.1. Company Overview
- 7.8.6.2. Financial Performance
- 7.8.6.3. Product Benchmarking
- 7.8.7. Kamenny Vek
- 7.8.7.1. Company Overview
- 7.8.7.2. Financial Performance
- 7.8.7.3. Product Benchmarking
- 7.8.8. Mafic SA
- 7.8.8.1. Company Overview
- 7.8.8.2. Financial Performance
- 7.8.8.3. Product Benchmarking
- 7.8.9. Mudanjiang Basalt Fiber Co. Ltd
- 7.8.9.1. Company Overview
- 7.8.9.2. Financial Performance
- 7.8.9.3. Product Benchmarking
- 7.8.10. Shanxi Basalt Fiber Technology Co., Ltd
- 7.8.10.1. Company Overview
- 7.8.10.2. Financial Performance
- 7.8.10.3. Product Benchmarking
- 7.8.11. Technobasalt Invest LLC
- 7.8.11.1. Company Overview
- 7.8.11.2. Financial Performance
- 7.8.11.3. Product Benchmarking
- 7.8.1. Aravali India Marbles & Granites
Product Code: GVR-4-68040-602-7
List of Tables
- Table 1 Basalt rock market estimates & forecasts, 2018 - 2030 (USD Million)
- Table 2 Basalt fiber market estimates and forecasts, 2018 - 2030 (USD Million)
- Table 3 Basalt aggregates market estimates and forecasts, 2018 - 2030 (USD Million)
- Table 4 Basalt tiles/slabs market estimates and forecasts, 2018 - 2030 (USD Million)
- Table 5 Basalt rock market estimates and forecasts in other applications, 2018 - 2030 (USD Million)
- Table 6 Basalt rock market estimates and forecasts, in building & construction, 2018 - 2030 (USD Million)
- Table 7 Basalt rock market estimates and forecasts, in infrastructure, 2018 - 2030 (USD Million)
- Table 8 Basalt rock market estimates and forecasts, in automotive & transportation, 2018 - 2030 (USD Million)
- Table 9 Basalt rock market estimates and forecasts, in aerospace & defense, 2018 - 2030 (USD Million)
- Table 10 Basalt rock market estimates and forecasts, in energy & power, 2018 - 2030 (USD Million)
- Table 11 Basalt rock market estimates and forecasts, in others, 2018 - 2030 (USD Million)
- Table 12 North America basalt rock market estimates & forecasts, 2018 - 2030 (USD Million)
- Table 13 North America basalt rock market estimates & forecasts, by product type, 2018 - 2030 (USD Million)
- Table 14 North America basalt rock market estimates & forecasts, by end use, 2018 - 2030 (USD Million)
- Table 15 U.S. basalt rock market estimates & forecasts, 2018 - 2030 (USD Million)
- Table 16 U.S. basalt rock market estimates & forecasts, by product type, 2018 - 2030 (USD Million)
- Table 17 U.S. basalt rock market estimates & forecasts, by end use, 2018 - 2030 (USD Million)
- Table 18 Canada basalt rock market estimates & forecasts, 2018 - 2030 (USD Million)
- Table 19 Canada basalt rock market estimates & forecasts, by product type, 2018 - 2030 (USD Million)
- Table 20 Canada basalt rock market estimates & forecasts, by end use, 2018 - 2030 (USD Million)
- Table 21 Mexico basalt rock market estimates & forecasts, 2018 - 2030 (USD Million)
- Table 22 Mexico basalt rock market estimates & forecasts, by product type, 2018 - 2030 (USD Million)
- Table 23 Mexico basalt rock market estimates & forecasts, by end use, 2018 - 2030 (USD Million)
- Table 24 Europe basalt rock market estimates & forecasts, 2018 - 2030 (USD Million)
- Table 25 Europe basalt rock market estimates & forecasts, by product type, 2018 - 2030 (USD Million)
- Table 26 Europe basalt rock market estimates & forecasts, by end use, 2018 - 2030 (USD Million)
- Table 27 Germany basalt rock market estimates & forecasts, 2018 - 2030 (USD Million)
- Table 28 Germany basalt rock market estimates & forecasts, by product type, 2018 - 2030 (USD Million)
- Table 29 Germany basalt rock market estimates & forecasts, by end use, 2018 - 2030 (USD Million)
- Table 30 France basalt rock market estimates & forecasts, 2018 - 2030 (USD Million)
- Table 31 France basalt rock market estimates & forecasts, by product type, 2018 - 2030 (USD Million)
- Table 32 France basalt rock market estimates & forecasts, by end use, 2018 - 2030 (USD Million)
- Table 33 UK basalt rock market estimates & forecasts, 2018 - 2030 (USD Million)
- Table 34 UK basalt rock market estimates & forecasts, by product type, 2018 - 2030 (USD Million)
- Table 35 UK basalt rock market estimates & forecasts, by end use, 2018 - 2030 (USD Million)
- Table 36 Italy basalt rock market estimates & forecasts, 2018 - 2030 (USD Million)
- Table 37 Italy basalt rock market estimates & forecasts, by product type, 2018 - 2030 (USD Million)
- Table 38 Italy basalt rock market estimates & forecasts, by end use, 2018 - 2030 (USD Million)
- Table 39 Asia Pacific basalt rock market estimates & forecasts, 2018 - 2030 (USD Million)
- Table 40 Asia Pacific basalt rock market estimates & forecasts, by product type, 2018 - 2030 (USD Million)
- Table 41 Asia Pacific basalt rock market estimates & forecasts, by end use, 2018 - 2030 (USD Million)
- Table 42 China basalt rock market estimates & forecasts, 2018 - 2030 (USD Million)
- Table 43 China basalt rock market estimates & forecasts, by product type, 2018 - 2030 (USD Million)
- Table 44 China basalt rock market estimates & forecasts, by end use, 2018 - 2030 (USD Million)
- Table 45 India basalt rock market estimates & forecasts, 2018 - 2030 (USD Million)
- Table 46 India basalt rock market estimates & forecasts, by product type, 2018 - 2030 (USD Million)
- Table 47 India basalt rock market estimates & forecasts, by end use, 2018 - 2030 (USD Million)
- Table 48 Japan basalt rock market estimates & forecasts, 2018 - 2030 (USD Million)
- Table 49 Japan basalt rock market estimates & forecasts, by product type, 2018 - 2030 (USD Million)
- Table 50 Japan basalt rock market estimates & forecasts, by end use, 2018 - 2030 (USD Million)
- Table 51 Latin America basalt rock market estimates & forecasts, 2018 - 2030 (USD Million)
- Table 52 Latin America basalt rock market estimates & forecasts, by product type, 2018 - 2030 (USD Million)
- Table 53 Latin America basalt rock market estimates & forecasts, by end use, 2018 - 2030 (USD Million)
- Table 54 Brazil basalt rock market estimates & forecasts, 2018 - 2030 (USD Million)
- Table 55 Brazil basalt rock market estimates & forecasts, by product type, 2018 - 2030 (USD Million)
- Table 56 Brazil basalt rock market estimates & forecasts, by end use, 2018 - 2030 (USD Million)
- Table 57 Middle East & Africa basalt rock market estimates & forecasts, 2018 - 2030 (USD Million)
- Table 58 Middle East & Africa basalt rock market estimates & forecasts, by product type, 2018 - 2030 (USD Million)
- Table 59 Middle East & Africa basalt rock market estimates & forecasts, by end use, 2018 - 2030 (USD Million)
List of Figures
- Fig. 1 Market segmentation
- Fig. 2 Information procurement
- Fig. 3 Data analysis models
- Fig. 4 Market formulation and validation
- Fig. 5 Data validating & publishing
- Fig. 6 Market snapshot
- Fig. 7 Segmental outlook - product type, end use
- Fig. 8 Competitive outlook
- Fig. 9 Basalt rock market outlook, 2018 - 2030 (USD Million)
- Fig. 10 Value chain analysis
- Fig. 11 Market dynamics
- Fig. 12 Porter's analysis
- Fig. 13 PESTEL analysis
- Fig. 14 Basalt rock market, by product type: key takeaways
- Fig. 15 Basalt rock market, by product type: market share, 2024 & 2030
- Fig. 16 Basalt rock market, by end use: key takeaways
- Fig. 17 Basalt rock market, by end use: market share, 2024 & 2030
- Fig. 18 Basalt rock market: regional analysis, 2023
- Fig. 19 Basalt rock market, by region: key takeaways
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