FMI: Basalt Fibre Market Dynamics, Forecast, Analysis and Supply Demand 2015-2025
In the last decade, basalt fibres has emerged as a strong competitor in the fibre reinforcement composites. Basalt fibres are the fibres made of extremely fine fibres of basalt, comprising the minerals pyroxene, plagioclase and olivine, having better physicomechanical properties than fiberglass, and significantly economical than carbon fibre. It finds its major application as a fireproof textile in the automotive and aviation industries. It also finds its application as a composite to produce products like camera tripods.
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