The global market for value-added basalt fiber products is projected to reach US$590 million by 2030, rising from US$398 million in 2024 to US$750 million by 2033, according to a new research report launched today by Arab Basalt Fibre Company (ABFC) at The Big 5 Exhibition, held 24–27 November 2025 at the Dubai World Trade Centre.
The study reveals that downstream basalt fiber applications- particularly fabrics and geogrids- will account for up to 70% of global market value by 2030, reflecting a rapid shift toward high-performance, sustainable materials offering superior durability, strength, and thermal resistance.
Released on the sidelines of The Big 5, the report – Basalt Fiber Market: Supply Trends, Demand Projections, and Competitive Landscape (2025–2030) – positions ABFC as a regional leader in a sector experiencing strong momentum driven by giga-projects, infrastructure renewal, and sustainability mandates. The Middle East and North Africa are expected to become a major growth hub, with regional market value rising from US$40 million in 2024 to US$200 million by 2035.
ABFC at The Big 5: Showcasing the Future of Basalt-Based Construction
As the region’s most influential construction event, The Big 5 Dubai provides ABFC with a powerful platform to demonstrate how basalt fiber can support the transition to more resilient and low-carbon construction. Throughout the exhibition, ABFC is engaging developers, engineers, contractors, and policymakers on the expanding role of basalt fiber in enabling long-life, future-ready infrastructure.
“The Big 5 provides an ideal platform to highlight ABFC’s role in shaping the future of sustainable construction materials,” said Valery Hurynovich, Chief Executive Officer of ABFC.
“Sustainable growth requires more than operational excellence – it requires clarity, data, and foresight. Our latest report provides industry stakeholders with a transparent, evidence-based view of where the basalt fiber market is heading globally and regionally. The Big 5 is the perfect platform to share these insights with decision-makers across construction, infrastructure, and materials technology.”