Basalt Fiber Market 2024: GMV, Galen, Mafic SA, Zhejiang GBF, Sudaglass Technology, Company Mineral 7, KamennyVek, Shanxi Technology
Basalt fiber market is segmented as continuous and discrete. Continuous are expected to witness substantial upsurge due to environment-friendly nature and efficiency. Higher strength offered by continuous basalt compared to steel enhance its use for construction purposes driving the overall market. Resistance to ultraviolet rays and electromagnetic radiations make them preferable for embankment and soil stabilization. Raw material development, technology innovations, and innovative techniques are projected to expose new industry opportunities for the industry.
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