Basalt Fiber Market is projected to reach USD 1,469.8 million by 2028, growing at a CAGR of 13.6% du
Due to excessive demand from sectors such as automotive, construction & infrastructure, marine, and electronics, the global basalt fiber sector is anticipated to see significant development. It has emerged as a strong competitor in the fiber reinforcement composite Sandland are produced from basalt rocks, which are melted at 1400 degrees Celsius. Because of their elevated structural integrity and mechanical characteristics, basalt fiber is cheap compared to fiberglass and is commonly used in the automotive and aerospace industries. Basalt fiber reinforced polymer (BFRP) reinforcing bars have recently introduced as an alternative to steel reinforcement for concrete structures and as external support for retrofitting of concrete structures.