The global wind energy composite market is expected to grow at a CAGR of 6.5% during the forecast period, from 2021 to 2030. The growth of this market can be attributed to the increasing demand for renewable energy sources and the growing need for sustainable power generation. The increasing demand for wind turbines in emerging economies such as China and India is also driving the growth of this market.
The global wind energy composite market by type is segmented into glass fiber, carbon fiber, epoxy, polyester. Glass fiber composites are expected to dominate the global wind energy composite market during the forecast period due to their low cost and high strength-to-weight ratio. Carbon fiber composites are expected to witness significant growth in terms of revenue due to their high strength-to-weight ratio and corrosion resistance properties which make them suitable for use in harsh environments such as offshore applications or coastal areas with salt water exposure. Epoxy composites are used primarily in offshore applications where they offer excellent corrosion resistance properties against salt water exposure while polyester composites are used primarily in onshore applications where they offer excellent mechanical properties at a lower cost than other types of composites available on the market today.
Some Of The Growth Factors Of This Market:
- Wind energy is a renewable resource that can be harnessed to produce electricity without the use of fossil fuels.
- The cost of wind energy has decreased significantly in recent years, making it an attractive option for many consumers and businesses.
- Wind turbines are becoming more efficient and reliable, which means they require less maintenance than in the past and are able to produce more power with less downtime.
- The United States has some of the best wind resources in the world, which makes it an ideal location for wind farms that generate electricity on a large scale.
- Wind energy is one of the fastest-growing sources of new electricity generation capacity around the world, with China leading this trend by installing over 30 gigawatts (GW) per year on average since 2013.
Industry Growth Insights published a new data on “Wind Energy Composite Market”. The research report is titled “Wind Energy Composite Market research by Types (Glass Fiber, Carbon Fiber, Epoxy, Polyester), By Applications (Leaf Blade, Chassis, Other), By Players/Companies LM WIND POWER, AVIC HUITENG WIND POWER EQUIPMENT, VESTAS WIND SYSTEMS, GAMESA CORPORATION TECHNOLOGY, TPI COMPOSITES, SUZLON ENERGY, AREVA, SIEMENS, LIANYUNGANG ZHONGFU LIANZHONG COMPOSITES, MFG WIND, NORDEX, KEMROCK INDUSTRIES AND EXPORTS, ENERCON, SENVION, UNITED POWER”.
Scope Of The Report
Report Attributes
Report Details
Report Title
Wind Energy Composite Market Research Report
By Type
Glass Fiber, Carbon Fiber, Epoxy, Polyester
By Application
Leaf Blade, Chassis, Other
By Companies
LM WIND POWER, AVIC HUITENG WIND POWER EQUIPMENT, VESTAS WIND SYSTEMS, GAMESA CORPORATION TECHNOLOGY, TPI COMPOSITES, SUZLON ENERGY, AREVA, SIEMENS, LIANYUNGANG ZHONGFU LIANZHONG COMPOSITES, MFG WIND, NORDEX, KEMROCK INDUSTRIES AND EXPORTS, ENERCON, SENVION, UNITED POWER
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
235
Number of Tables & Figures
165
Customization Available
Yes, the report can be customized as per your need.
Global Wind Energy Composite Market Report Segments:
The global Wind Energy Composite market is segmented on the basis of:
Types
Glass Fiber, Carbon Fiber, Epoxy, Polyester
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Leaf Blade, Chassis, Other
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- LM WIND POWER
- AVIC HUITENG WIND POWER EQUIPMENT
- VESTAS WIND SYSTEMS
- GAMESA CORPORATION TECHNOLOGY
- TPI COMPOSITES
- SUZLON ENERGY
- AREVA
- SIEMENS
- LIANYUNGANG ZHONGFU LIANZHONG COMPOSITES
- MFG WIND
- NORDEX
- KEMROCK INDUSTRIES AND EXPORTS
- ENERCON
- SENVION
- UNITED POWER
Highlights of The Wind Energy Composite Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Glass Fiber
- Carbon Fiber
- Epoxy
- Polyester
- By Application:
- Leaf Blade
- Chassis
- Other
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Wind Energy Composite Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
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- Understanding Competition Scenario
- Product & Brand Management
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Wind energy composite is a term used to describe the use of wind power in combination with other forms of renewable energy. Wind energy composite can include solar, hydroelectric, and geothermal power.
Some of the major players in the wind energy composite market are LM WIND POWER, AVIC HUITENG WIND POWER EQUIPMENT, VESTAS WIND SYSTEMS, GAMESA CORPORATION TECHNOLOGY, TPI COMPOSITES, SUZLON ENERGY, AREVA, SIEMENS, LIANYUNGANG ZHONGFU LIANZHONG COMPOSITES, MFG WIND, NORDEX, KEMROCK INDUSTRIES AND EXPORTS, ENERCON, SENVION, UNITED POWER.
The wind energy composite market is expected to grow at a compound annual growth rate of 6.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Wind Energy Composite Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Wind Energy Composite Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Wind Energy Composite Market - Supply Chain
4.5. Global Wind Energy Composite Market Forecast
4.5.1. Wind Energy Composite Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Wind Energy Composite Market Size (000 Units) and Y-o-Y Growth
4.5.3. Wind Energy Composite Market Absolute $ Opportunity
5. Global Wind Energy Composite Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Wind Energy Composite Market Size and Volume Forecast by Type
5.3.1. Glass Fiber
5.3.2. Carbon Fiber
5.3.3. Epoxy
5.3.4. Polyester
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Wind Energy Composite Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Wind Energy Composite Market Size and Volume Forecast by Application
6.3.1. Leaf Blade
6.3.2. Chassis
6.3.3. Other
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Wind Energy Composite Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Wind Energy Composite Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Wind Energy Composite Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Wind Energy Composite Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Wind Energy Composite Demand Share Forecast, 2019-2026
9. North America Wind Energy Composite Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Wind Energy Composite Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Wind Energy Composite Market Size and Volume Forecast by Application
9.4.1. Leaf Blade
9.4.2. Chassis
9.4.3. Other
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Wind Energy Composite Market Size and Volume Forecast by Type
9.7.1. Glass Fiber
9.7.2. Carbon Fiber
9.7.3. Epoxy
9.7.4. Polyester
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Wind Energy Composite Demand Share Forecast, 2019-2026
10. Latin America Wind Energy Composite Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Wind Energy Composite Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Wind Energy Composite Market Size and Volume Forecast by Application
10.4.1. Leaf Blade
10.4.2. Chassis
10.4.3. Other
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Wind Energy Composite Market Size and Volume Forecast by Type
10.7.1. Glass Fiber
10.7.2. Carbon Fiber
10.7.3. Epoxy
10.7.4. Polyester
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Wind Energy Composite Demand Share Forecast, 2019-2026
11. Europe Wind Energy Composite Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Wind Energy Composite Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Wind Energy Composite Market Size and Volume Forecast by Application
11.4.1. Leaf Blade
11.4.2. Chassis
11.4.3. Other
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Wind Energy Composite Market Size and Volume Forecast by Type
11.7.1. Glass Fiber
11.7.2. Carbon Fiber
11.7.3. Epoxy
11.7.4. Polyester
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Marke Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Wind Energy Composite Demand Share, 2019-2026
12. Asia Pacific Wind Energy Composite Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Wind Energy Composite Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Wind Energy Composite Market Size and Volume Forecast by Application
12.4.1. Leaf Blade
12.4.2. Chassis
12.4.3. Other
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Wind Energy Composite Market Size and Volume Forecast by Type
12.7.1. Glass Fiber
12.7.2. Carbon Fiber
12.7.3. Epoxy
12.7.4. Polyester
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Wind Energy Composite Demand Share, 2019-2026
13. Middle East & Africa Wind Energy Composite Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Wind Energy Composite Market Size and Volume Forecast by Country
13.2.1. Saudi Arabia
13.2.2. South Africa
13.2.3. UAE
13.2.4. Rest of Middle East & Africa (MEA)
13.3. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Wind Energy Composite Market Size and Volume Forecast by Application
13.4.1. Leaf Blade
13.4.2. Chassis
13.4.3. Other
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Wind Energy Composite Market Size and Volume Forecast by Type
13.7.1. Glass Fiber
13.7.2. Carbon Fiber
13.7.3. Epoxy
13.7.4. Polyester
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Wind Energy Composite Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Wind Energy Composite Market: Market Share Analysis
14.2. Wind Energy Composite Distributors and Customers
14.3. Wind Energy Composite Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. LM WIND POWER
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. AVIC HUITENG WIND POWER EQUIPMENT
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. VESTAS WIND SYSTEMS
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. GAMESA CORPORATION TECHNOLOGY
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. TPI COMPOSITES
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. SUZLON ENERGY
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. AREVA
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. SIEMENS
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. LIANYUNGANG ZHONGFU LIANZHONG COMPOSITES
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. MFG WIND
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. NORDEX
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. KEMROCK INDUSTRIES AND EXPORTS
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. ENERCON
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. SENVION
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. UNITED POWER
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. COMPANY 16
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook
