Continuous Basalt Fiber Market Size & Share to Surpass $465 Mn by 2030 | Vantage Market Research

WASHINGTON, Aug. 03, 2023 (GLOBE NEWSWIRE) — According to Vantage Market Research, the Continuous Basalt Fiber Market has witnessed steady growth over the years, primarily driven by several factors. One of the key drivers is the surging demand for lightweight materials in the automotive industry. As automobile manufacturers strive to enhance fuel efficiency and reduce emissions, they are turning towards materials like Continuous Basalt Fiber, which offer a balance of strength and low weight. Another significant contributing factor to the market’s growth is the increasing construction and infrastructure activities worldwide. Continuous Basalt Fiber finds applications in various construction elements, including reinforcing bars, mesh, and panels. Its properties, such as high tensile strength, resistance to corrosion, and thermal stability, make it an attractive choice for infrastructure projects.OREnjoy a Fabulous 50% Discount with code “AUG50”! Don’t miss out on these incredible savings @Continuous Basalt Fiber’s high strength and low weight make it a highly attractive material for numerous industries, including automotive, aerospace, and marine. As these industries increasingly demand lightweight and high-strength materials to improve performance and efficiency, Continuous Basalt Fiber presents a valuable substitute for traditional materials like steel, aluminum, and fiberglass.
(GlobeNewsWire)