Mineral wool is expected to account for the largest market share during the forecast period.
Concrete fiber market is expected to grow with 9% CAGR from 2019 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.
The Global Mineral Wool market is expected to reach $19.55 billion by 2026 growing at a CAGR of 8.4%.
Global consulting agency Global Market Insights released a new research report on global basalt fiber market.
Over the next five years global composite rebar market size is projected to grow at 9.6% CAGR.
The global basalt fiber market is projected to grow with a CAGR of 13% in a period of 2017-2026.
Basalt fiber market is expected to grow at a CAGR of 11.8% between 2019 and 2024