futurechemical on GETTR : Basalt Fibre Industry
Size, Share, Demand & Growth by 2034
The basalt
fibre industry is being propelled forw...
Basalt Fibre Industry
Size, Share, Demand & Growth by 2034
The basalt
fibre industry is being propelled forward by the increasing demand for
lightweight and high-strength materials across various industries such as
automotive, construction, and aerospace is fueling the adoption of basalt
fibre. Its remarkable properties, including high tensile strength and
resistance to corrosion, make it an attractive alternative to traditional
materials like steel and fibreglass. The value of the basalt fibre
industry is anticipated to reach US$ 275.2 million in 2024 and
is expected to reach US$ 824.8 million by 2034.
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