The global basalt fiber market was valued at USD 279 million in 2023 and is projected to reach USD 503 million by 2028, growing at a CAGR of 12.5% (2023-2028).
????️ Why the Surge?
✅ High Demand for Non-Corrosive Materials – Extends structure lifespan & reduces costs.
✅ Advanced Concrete Tech – Basalt fiber composite bars enhance stability & longevity.
✅ 3x Stronger than Stee... https://www.marketsandmarkets.com/PressReleases/basalt-fiber.asp