The global basalt fiber market is forecast to grow from USD 279 million in 2023 to USD 503 million by 2028, registering a CAGR of 12.5%. Rapid expansion is driven by demand in automotive, construction, wind energy, and electrical sectors, thanks to basalt fiber’s superior thermal stability, non-corrosive nature, durability, and insulation properties. Asia Pacific leads growth due to a... https://www.marketsandmarkets.com/Market-Reports/basalt-fiber-market-39388070.html