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Basalt Fiber Market to Reach USD 503 Million by 2028 | Driving Lightweight & Sustainable Innovation

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The global Basalt Fiber market was valued at USD 279 million in 2023 and is projected to grow to USD 503 million by 2028, representing a compound annual growth rate (CAGR) of 12.5%. Growth is being driven by expanding applications in sectors like construction & infrastructure, automotive & transportation, wind energy, and electrical & electronics—where basalt fiber’s superior tensile ... https://www.marketsandmarkets.com/Market-Reports/basalt-fiber-market-39388070.html

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