Report overview
It refers to the composite material used in wind turbine blades.
This report aims to provide a comprehensive presentation of the global market for Wind Turbine Composite Materials, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Wind Turbine Composite Materials. This report contains market size and forecasts of Wind Turbine Composite Materials in global, including the following market information:
Global Wind Turbine Composite Materials Market Revenue, 2019-2024, 2024-2029, ($ millions)
Global Wind Turbine Composite Materials Market Sales, 2019-2024, 2024-2029, (K MT)
Global top five Wind Turbine Composite Materials companies in 2023 (%)
The global Wind Turbine Composite Materials market was valued at US$ 11090 million in 2023 and is projected to reach US$ 17470 million by 2029, at a CAGR of 6.7% during the forecast period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
Increasing number of locations for capacity additions in newer markets such as Africa, Asia, Central, and South America is driving the wind power generation.
MARKET MONITOR GLOBAL, INC (MMG) has surveyed the Wind Turbine Composite Materials manufacturers, suppliers, distributors and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Wind Turbine Composite Materials Market, by Type, 2019-2024, 2024-2029 ($ Millions) & (K MT)
Global Wind Turbine Composite Materials Market Segment Percentages, by Type, 2023 (%)
Thermosetting Resin
Thermoplastic Resin
Global Wind Turbine Composite Materials Market, by Application, 2019-2024, 2024-2029 ($ Millions) & (K MT)
Global Wind Turbine Composite Materials Market Segment Percentages, by Application, 2023 (%)
Onshore Wind
Offshore Wind
Global Wind Turbine Composite Materials Market, By Region and Country, 2019-2024, 2024-2029 ($ Millions) & (K MT)
Global Wind Turbine Composite Materials Market Segment Percentages, By Region and Country, 2023 (%)
North America
US
Canada
Mexico
Europe
Germany
France
U.K.
Italy
Russia
Nordic Countries
Benelux
Rest of Europe
Asia
China
Japan
South Korea
Southeast Asia
India
Rest of Asia
South America
Brazil
Argentina
Rest of South America
Middle East & Africa
Turkey
Israel
Saudi Arabia
UAE
Rest of Middle East & Africa
Competitor Analysis
The report also provides analysis of leading market participants including:
Key companies Wind Turbine Composite Materials revenues in global market, 2019-2024 (Estimated), ($ millions)
Key companies Wind Turbine Composite Materials revenues share in global market, 2023 (%)
Key companies Wind Turbine Composite Materials sales in global market, 2019-2024 (Estimated), (K MT)
Key companies Wind Turbine Composite Materials sales share in global market, 2023 (%)
Further, the report presents profiles of competitors in the market, key players include:
Cytec Solvay Group
Gurit
Teijin
Toray
TPI Composites
Axiom Materials
HC Composite
Hexcel
Molded Fiber Glass Companies
SGL Group
TenCate
Vestas
Outline of Major Chapters:
Chapter 1: Introduces the definition of Wind Turbine Composite Materials, market overview.
Chapter 2: Global Wind Turbine Composite Materials market size in revenue and volume.
Chapter 3: Detailed analysis of Wind Turbine Composite Materials manufacturers competitive landscape, price, sales and revenue market share, latest development plan, merger, and acquisition information, etc.
Chapter 4: Provides the analysis of various market segments by type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 5: Provides the analysis of various market segments by application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 6: Sales of Wind Turbine Composite Materials in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space of each country in the world.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 8: Global Wind Turbine Composite Materials capacity by region & country.
Chapter 9: Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter 10: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 11: The main points and conclusions of the report.
