Basalt Fibers Market Highlighting Regional Revenue Share Dominance During 2018-2026
From a regional perspective, Europe is projected to lead the global Basalt Fibers Market both in terms of production and consumption. Russia holds a significant share in the European basalt fiber market. The region has witnessed growing demand for basalt fibers from the automotive industry as there are stringent regulations prevailing in the EU regarding vehicle emissions and greenhouse gas amongst others. Moreover, the rising concern over energy conservation has also led to the growth of renewable wind energy generation industry. Thus,...
View full press release