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Basalt Fiber Market to Reach USD 503 Million by 2028

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The global basalt fiber market is projected to grow from USD 279 million in 2023 to USD 503 million by 2028, at a robust CAGR of 12.5%. Growth is fueled by rising demand in automotive, construction, infrastructure, wind energy, and electrical sectors due to basalt fiber’s superior thermal stability, durability, and eco-friendly profile. Asia Pacific leads market growth with surging in... https://www.marketsandmarkets.com/Market-Reports/basalt-fiber-market-39388070.html

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