Hawaii completed feasibility study for continuous basalt fiber manufacturing operation
Globally, Continuous basalt fiber manufacturing is valued at around $100 million and expected to double in the coming decade.
basalt fiber market
Basalt fiber reinforced concrete market to grow at 7.4% annually from 2018 to 2025
Basalt fiber reinforced concrete market size is anticipated to expand on account of properties of the product, such as high damping and radio transparency.
Basalt fiber market size to exceed $400 million by 2025
Global consulting agency Global Market Insights released a new research report on global basalt fiber market.
Global mineral wool insulation market is projected to reach $23.7 billion by 2023
According to the researchers, global mineral wool insulation market is expected to reach $23.7 billion by 2023 with a CAGR of 3.8% from 2018 to 2023.
Global basalt fiber market to reach $498.47 million by 2026
The global basalt fiber market is projected to grow with a CAGR of 13% in a period of 2017-2026.
Basalt fiber market size is estimated to be $ 227 million in 2019
Basalt fiber market is expected to grow at a CAGR of 11.8% between 2019 and 2024
Basalt fiber and its applications
Basalt fiber and its applications in various industries are attracting an ever-growing interest for its sustainability and excellent properties.