Market Research Reports

ALBANY, New York - A recent study by Transparency Market Research (TMR) forecasts that the  global continuous basalt fiber market  will grow at a CAGR of 10.9% between the years 2013 and 2019. TMR, a market research company based in the United States, in its report says that the global continuous basalt fiber market, valued at US$51.4 million in 2012, will report a market value of US$104.7 million by 2019. The report titled ‘ Continuous Basalt Fiber Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2013 - 2019 ’ is available for sale on the website. This market research report states that the superior physical properties of continuous basalt fiber are a major factor driving the global continuous basalt fiber market. As a result, continuous basalt fibers are preferred over conventional substitutes such as steel or glass fiber. Glass fibers and continuous basalt fibers possess similar properties; the only difference between the two is that conti...