Basalt Fiber Market worth $397 million by 2024 – Exclusive Report by MarketsandMarkets The basalt fiber market size is estimated to be USD 227 million in 2019 and is projected to reach USD 397 million by 2024, at a CAGR of 11.8% between 2019 and 2024. The major factor driving the market is growing demand from the APAC region and the emerging construction & infrastructure and automotive & transportation industries. Download PDF - https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=39388070 Kamenny Vek is an established company in the global basalt fiber market. The company possesses a wide product portfolio of basalt fiber. It is constantly engaged in providing high-grade basalt fiber. As a part of its growth strategy, it is highly focused on new product launches. For instance, the company is developing 2000 tex direct basalt fiber roving. Get 10% Discount on Customized Report https://www.marketsandmarkets.com/requestCustomizationNew.asp?id=39388070 Browse 159 market data Tables and 56 Figures spread through 125 Pages and in-depth TOC on "Basalt Fiber Market by Form (Continuous and Discrete), End-Use Industry (Construction & Infrastructure, Automotive & Transportation, Electrical & Electronics, Marine), Usage (Composites, Non-Composites), and Region - Global Forecast to 2024" View detailed Table of Content here - https://www.marketsandmarkets.com/MarketReports/basalt-fiber-market-39388070.html Continuous basalt fiber is the fastest-growing segment by form during the forecast period. The basalt fibers are available in two forms, namely, continuous, and discrete. Continuous basalt fibers are expected to register a higher CAGR during the forecast period as these fibers are used in various applications such as rovings, fabrics, and yarns in end-use industries such as automotive & transportation, sporting goods, wind energy, construction & infrastructure, and pipes & tanks. Continuous fibers are used in both composites and non-composite applications. Inquiry Before Buying https://www.marketsandmarkets.com/Enquiry_Before_BuyingNew.asp?id=39388070 About MarketsandMarkets™ MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies’ revenues. Currently servicing 7500 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets™ for their painpoints around revenues decisions. Our 850 fulltime analyst and SMEs at MarketsandMarkets™ are tracking global high growth markets following the "Growth Engagement Model – GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors. MarketsandMarkets™ now coming up with 1,500 MicroQuadrants (Positioning top players across leaders, emerging companies, innovators, strategic players) annually in high growth emerging segments. MarketsandMarkets™ is determined to benefit more than 10,000 companies this year for their revenue planning and help them take their innovations/disruptions early to the market by providing them research ahead of the curve.
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