Basalt Fiber Market is anticipated to reach at a CAGR of 16.7%...

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2025-08-26 12:31:37 -

Basalt Fiber Market is anticipated to reach at a CAGR of 16.7% during the forecast period

In 2024, the global basalt fiber market was estimated to be worth USD 290.1 million. Over the course of the forecast period, a compound annual growth rate (CAGR) of 16.7% is anticipated. The market is expanding at a substantial rate due to rising demand in the manufacturing, automotive, and transportation industries. The market is expanding significantly due to basalt fiber's thermal stability...

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