The global basalt fiber market is projected to grow from USD 279 million in 2023 to USD 503 million by 2028, at a CAGR of 12.5%. This growth is driven by increasing applications in sectors such as construction, automotive, and wind energy, attributed to basalt fiber's superior thermal stability, durability, and non-corrosive properties. However, challenges include high production cost... https://www.marketsandmarkets.com/Market-Reports/basalt-fiber-market-39388070.html