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Basalt Fiber Market: High-Performance, Sustainable Composites Gain Momentum

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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 CAGR of 12.5%. This expansion is driven by increased demand in automotive, construction, wind energy, and electronics—thanks to basalt fiber's thermal stability, corrosion resistance, and eco-friendliness. Asia Pacific leads growth, fueled by industrial development and inf... https://www.marketsandmarkets.com/Market-Reports/basalt-fiber-market-39388070.html

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