Basalt Fibre Market
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Report Description<br />
• Centrifugal Multiroll<br />
• Die Blowing<br />
• Centrifugal Blowing<br />
Based on end-use industry,the global basalt fibre market is segmented into:<br />
• Automotive<br />
• Construction<br />
• Aerospace<br />
• Chemical<br />
<strong>Basalt</strong> <strong>Fibre</strong> <strong>Market</strong>: Overview<br />
With rising automotive sales, burgeoning population and rising urbanization the need for<br />
basalt fibre products are increasing. The global basalt fibre market is expected to expand<br />
at a significant CAGR during the forecast period (2015-2025). As on date, Asia Pacific<br />
region is the largest producer and consumer of basalt fibre, with its automotive sector<br />
exhibiting healthy growth rate during the forecast period. <strong>Basalt</strong> fibre manufacturers<br />
have shifted their production facilities to developing economies, due to the low labor and<br />
operating costs.<br />
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