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Global Wind Turbine Blade Composite Materials Market 2025 by Manufacturers, Regions, Type and Application, Forecast to 2029

Global Wind Turbine Blade Composite Materials Market 2025 by Manufacturers, Regions, Type and Application, Forecast to 2029

Publishing Date : Mar, 2025

License Type :
 

Report Code : 1776146

No of Pages : 100

Synopsis
The global Wind Turbine Blade Composite Materials market size was valued at USD 5037.7 million in 2022 and is forecast to a readjusted size of USD 8102.3 million by 2029 with a CAGR of 7.0% during review period.
Wind turbine blade composite material forms an essential component of wind turbine for the manufacture of wind turbine rotor blade. Composite material is made up of fiber and matrix. The fiber provides physical strength and distributes loads in composite. The matrix material act binder. The matrix binds and maintains the spacing of the fiber material protecting the fiber from abrasion and environmental damage. The composite material manufactured from reinforcement of fiber and matrix is far superior from conventional metals such as steel and aluminum.
Global 5 largest manufacturers of Wind Turbine Blade Composite Materials are Westlake Chemical, Techstorm, Toray Industries, Olin Corp and Wells Advanced Materials, which make up about 38%. Among them, Westlake Chemical is the leader with about 11% market share.
China is the largest market, with a share about 54%, followed by Europe and US & Canada, with the share about 26% and 11%. In terms of product type, Glass Fiber Reinforced Composites occupy the largest share of the total market, about 79%. And in terms of product Application, the largest application is >5.0 MW, followed by 3.0-5.0 MW.
The Global Info Research report includes an overview of the development of the Wind Turbine Blade Composite Materials industry chain, the market status of <2.0 MW (Glass Fiber Reinforced Composites, Carbon Fiber Reinforced Composites), 2.0-3.0 MW (Glass Fiber Reinforced Composites, Carbon Fiber Reinforced Composites), and key enterprises in developed and developing market, and analysed the cutting-edge technology, patent, hot applications and market trends of Wind Turbine Blade Composite Materials.
Regionally, the report analyzes the Wind Turbine Blade Composite Materials markets in key regions. North America and Europe are experiencing steady growth, driven by government initiatives and increasing consumer awareness. Asia-Pacific, particularly China, leads the global Wind Turbine Blade Composite Materials market, with robust domestic demand, supportive policies, and a strong manufacturing base.
Key Features:
The report presents comprehensive understanding of the Wind Turbine Blade Composite Materials market. It provides a holistic view of the industry, as well as detailed insights into individual components and stakeholders. The report analysis market dynamics, trends, challenges, and opportunities within the Wind Turbine Blade Composite Materials industry.
The report involves analyzing the market at a macro level:
Market Sizing and Segmentation: Report collect data on the overall market size, including the sales quantity (Tons), revenue generated, and market share of different by Type (e.g., Glass Fiber Reinforced Composites, Carbon Fiber Reinforced Composites).
Industry Analysis: Report analyse the broader industry trends, such as government policies and regulations, technological advancements, consumer preferences, and market dynamics. This analysis helps in understanding the key drivers and challenges influencing the Wind Turbine Blade Composite Materials market.
Regional Analysis: The report involves examining the Wind Turbine Blade Composite Materials market at a regional or national level. Report analyses regional factors such as government incentives, infrastructure development, economic conditions, and consumer behaviour to identify variations and opportunities within different markets.
Market Projections: Report covers the gathered data and analysis to make future projections and forecasts for the Wind Turbine Blade Composite Materials market. This may include estimating market growth rates, predicting market demand, and identifying emerging trends.
The report also involves a more granular approach to Wind Turbine Blade Composite Materials:
Company Analysis: Report covers individual Wind Turbine Blade Composite Materials manufacturers, suppliers, and other relevant industry players. This analysis includes studying their financial performance, market positioning, product portfolios, partnerships, and strategies.
Consumer Analysis: Report covers data on consumer behaviour, preferences, and attitudes towards Wind Turbine Blade Composite Materials This may involve surveys, interviews, and analysis of consumer reviews and feedback from different by Application (<2.0 MW, 2.0-3.0 MW).
Technology Analysis: Report covers specific technologies relevant to Wind Turbine Blade Composite Materials. It assesses the current state, advancements, and potential future developments in Wind Turbine Blade Composite Materials areas.
Competitive Landscape: By analyzing individual companies, suppliers, and consumers, the report present insights into the competitive landscape of the Wind Turbine Blade Composite Materials market. This analysis helps understand market share, competitive advantages, and potential areas for differentiation among industry players.
Market Validation: The report involves validating findings and projections through primary research, such as surveys, interviews, and focus groups.
Market Segmentation
Wind Turbine Blade Composite Materials market is split by Type and by Application. For the period 2018-2029, the growth among segments provides accurate calculations and forecasts for consumption value by Type, and by Application in terms of volume and value.
Market segment by Type
Glass Fiber Reinforced Composites
Carbon Fiber Reinforced Composites
Market segment by Application
<2.0 MW
2.0-3.0 MW
3.0-5.0 MW
>5.0 MW
Major players covered
Toray Industries
SGL Carbon
Teijin
Mitsubishi Chemical
Hexcel
Techstorm
Westlake Chemical
Olin Corp
Swancor Holding
Wells Advanced Materials
Owens Corning
Taishan Fiberglass
Chongqing Polycomp
Gurit
Market segment by region, regional analysis covers
North America (United States, Canada and Mexico)
Europe (Germany, France, United Kingdom, Russia, Italy, and Rest of Europe)
Asia-Pacific (China, Japan, Korea, India, Southeast Asia, and Australia)
South America (Brazil, Argentina, Colombia, and Rest of South America)
Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa, and Rest of Middle East & Africa)
The content of the study subjects, includes a total of 15 chapters:
Chapter 1, to describe Wind Turbine Blade Composite Materials product scope, market overview, market estimation caveats and base year.
Chapter 2, to profile the top manufacturers of Wind Turbine Blade Composite Materials, with price, sales, revenue and global market share of Wind Turbine Blade Composite Materials from 2018 to 2023.
Chapter 3, the Wind Turbine Blade Composite Materials competitive situation, sales quantity, revenue and global market share of top manufacturers are analyzed emphatically by landscape contrast.
Chapter 4, the Wind Turbine Blade Composite Materials breakdown data are shown at the regional level, to show the sales quantity, consumption value and growth by regions, from 2018 to 2029.
Chapter 5 and 6, to segment the sales by Type and application, with sales market share and growth rate by type, application, from 2018 to 2029.
Chapter 7, 8, 9, 10 and 11, to break the sales data at the country level, with sales quantity, consumption value and market share for key countries in the world, from 2017 to 2022.and Wind Turbine Blade Composite Materials market forecast, by regions, type and application, with sales and revenue, from 2024 to 2029.
Chapter 12, market dynamics, drivers, restraints, trends, Porters Five Forces analysis, and Influence of COVID-19 and Russia-Ukraine War.
Chapter 13, the key raw materials and key suppliers, and industry chain of Wind Turbine Blade Composite Materials.
Chapter 14 and 15, to describe Wind Turbine Blade Composite Materials sales channel, distributors, customers, research findings and conclusion.
Index
1 Market Overview
1.1 Product Overview and Scope of Wind Turbine Blade Composite Materials
1.2 Market Estimation Caveats and Base Year
1.3 Market Analysis by Type
1.3.1 Overview: Global Wind Turbine Blade Composite Materials Consumption Value by Type: 2018 Versus 2022 Versus 2029
1.3.2 Glass Fiber Reinforced Composites
1.3.3 Carbon Fiber Reinforced Composites
1.4 Market Analysis by Application
1.4.1 Overview: Global Wind Turbine Blade Composite Materials Consumption Value by Application: 2018 Versus 2022 Versus 2029
1.4.2 <2.0 MW
1.4.3 2.0-3.0 MW
1.4.4 3.0-5.0 MW
1.4.5 >5.0 MW
1.5 Global Wind Turbine Blade Composite Materials Market Size & Forecast
1.5.1 Global Wind Turbine Blade Composite Materials Consumption Value (2018 & 2022 & 2029)
1.5.2 Global Wind Turbine Blade Composite Materials Sales Quantity (2018-2029)
1.5.3 Global Wind Turbine Blade Composite Materials Average Price (2018-2029)
2 Manufacturers Profiles
2.1 Toray Industries
2.1.1 Toray Industries Details
2.1.2 Toray Industries Major Business
2.1.3 Toray Industries Wind Turbine Blade Composite Materials Product and Services
2.1.4 Toray Industries Wind Turbine Blade Composite Materials Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2018-2023)
2.1.5 Toray Industries Recent Developments/Updates
2.2 SGL Carbon
2.2.1 SGL Carbon Details
2.2.2 SGL Carbon Major Business
2.2.3 SGL Carbon Wind Turbine Blade Composite Materials Product and Services
2.2.4 SGL Carbon Wind Turbine Blade Composite Materials Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2018-2023)
2.2.5 SGL Carbon Recent Developments/Updates
2.3 Teijin
2.3.1 Teijin Details
2.3.2 Teijin Major Business
2.3.3 Teijin Wind Turbine Blade Composite Materials Product and Services
2.3.4 Teijin Wind Turbine Blade Composite Materials Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2018-2023)
2.3.5 Teijin Recent Developments/Updates
2.4 Mitsubishi Chemical
2.4.1 Mitsubishi Chemical Details
2.4.2 Mitsubishi Chemical Major Business
2.4.3 Mitsubishi Chemical Wind Turbine Blade Composite Materials Product and Services
2.4.4 Mitsubishi Chemical Wind Turbine Blade Composite Materials Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2018-2023)
2.4.5 Mitsubishi Chemical Recent Developments/Updates
2.5 Hexcel
2.5.1 Hexcel Details
2.5.2 Hexcel Major Business
2.5.3 Hexcel Wind Turbine Blade Composite Materials Product and Services
2.5.4 Hexcel Wind Turbine Blade Composite Materials Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2018-2023)
2.5.5 Hexcel Recent Developments/Updates
2.6 Techstorm
2.6.1 Techstorm Details
2.6.2 Techstorm Major Business
2.6.3 Techstorm Wind Turbine Blade Composite Materials Product and Services
2.6.4 Techstorm Wind Turbine Blade Composite Materials Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2018-2023)
2.6.5 Techstorm Recent Developments/Updates
2.7 Westlake Chemical
2.7.1 Westlake Chemical Details
2.7.2 Westlake Chemical Major Business
2.7.3 Westlake Chemical Wind Turbine Blade Composite Materials Product and Services
2.7.4 Westlake Chemical Wind Turbine Blade Composite Materials Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2018-2023)
2.7.5 Westlake Chemical Recent Developments/Updates
2.8 Olin Corp
2.8.1 Olin Corp Details
2.8.2 Olin Corp Major Business
2.8.3 Olin Corp Wind Turbine Blade Composite Materials Product and Services
2.8.4 Olin Corp Wind Turbine Blade Composite Materials Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2018-2023)
2.8.5 Olin Corp Recent Developments/Updates
2.9 Swancor Holding
2.9.1 Swancor Holding Details
2.9.2 Swancor Holding Major Business
2.9.3 Swancor Holding Wind Turbine Blade Composite Materials Product and Services
2.9.4 Swancor Holding Wind Turbine Blade Composite Materials Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2018-2023)
2.9.5 Swancor Holding Recent Developments/Updates
2.10 Wells Advanced Materials
2.10.1 Wells Advanced Materials Details
2.10.2 Wells Advanced Materials Major Business
2.10.3 Wells Advanced Materials Wind Turbine Blade Composite Materials Product and Services
2.10.4 Wells Advanced Materials Wind Turbine Blade Composite Materials Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2018-2023)
2.10.5 Wells Advanced Materials Recent Developments/Updates
2.11 Owens Corning
2.11.1 Owens Corning Details
2.11.2 Owens Corning Major Business
2.11.3 Owens Corning Wind Turbine Blade Composite Materials Product and Services
2.11.4 Owens Corning Wind Turbine Blade Composite Materials Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2018-2023)
2.11.5 Owens Corning Recent Developments/Updates
2.12 Taishan Fiberglass
2.12.1 Taishan Fiberglass Details
2.12.2 Taishan Fiberglass Major Business
2.12.3 Taishan Fiberglass Wind Turbine Blade Composite Materials Product and Services
2.12.4 Taishan Fiberglass Wind Turbine Blade Composite Materials Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2018-2023)
2.12.5 Taishan Fiberglass Recent Developments/Updates
2.13 Chongqing Polycomp
2.13.1 Chongqing Polycomp Details
2.13.2 Chongqing Polycomp Major Business
2.13.3 Chongqing Polycomp Wind Turbine Blade Composite Materials Product and Services
2.13.4 Chongqing Polycomp Wind Turbine Blade Composite Materials Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2018-2023)
2.13.5 Chongqing Polycomp Recent Developments/Updates
2.14 Gurit
2.14.1 Gurit Details
2.14.2 Gurit Major Business
2.14.3 Gurit Wind Turbine Blade Composite Materials Product and Services
2.14.4 Gurit Wind Turbine Blade Composite Materials Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2018-2023)
2.14.5 Gurit Recent Developments/Updates
3 Competitive Environment: Wind Turbine Blade Composite Materials by Manufacturer
3.1 Global Wind Turbine Blade Composite Materials Sales Quantity by Manufacturer (2018-2023)
3.2 Global Wind Turbine Blade Composite Materials Revenue by Manufacturer (2018-2023)
3.3 Global Wind Turbine Blade Composite Materials Average Price by Manufacturer (2018-2023)
3.4 Market Share Analysis (2022)
3.4.1 Producer Shipments of Wind Turbine Blade Composite Materials by Manufacturer Revenue ($MM) and Market Share (%): 2022
3.4.2 Top 3 Wind Turbine Blade Composite Materials Manufacturer Market Share in 2022
3.4.2 Top 6 Wind Turbine Blade Composite Materials Manufacturer Market Share in 2022
3.5 Wind Turbine Blade Composite Materials Market: Overall Company Footprint Analysis
3.5.1 Wind Turbine Blade Composite Materials Market: Region Footprint
3.5.2 Wind Turbine Blade Composite Materials Market: Company Product Type Footprint
3.5.3 Wind Turbine Blade Composite Materials Market: Company Product Application Footprint
3.6 New Market Entrants and Barriers to Market Entry
3.7 Mergers, Acquisition, Agreements, and Collaborations
4 Consumption Analysis by Region
4.1 Global Wind Turbine Blade Composite Materials Market Size by Region
4.1.1 Global Wind Turbine Blade Composite Materials Sales Quantity by Region (2018-2029)
4.1.2 Global Wind Turbine Blade Composite Materials Consumption Value by Region (2018-2029)
4.1.3 Global Wind Turbine Blade Composite Materials Average Price by Region (2018-2029)
4.2 North America Wind Turbine Blade Composite Materials Consumption Value (2018-2029)
4.3 Europe Wind Turbine Blade Composite Materials Consumption Value (2018-2029)
4.4 Asia-Pacific Wind Turbine Blade Composite Materials Consumption Value (2018-2029)
4.5 South America Wind Turbine Blade Composite Materials Consumption Value (2018-2029)
4.6 Middle East and Africa Wind Turbine Blade Composite Materials Consumption Value (2018-2029)
5 Market Segment by Type
5.1 Global Wind Turbine Blade Composite Materials Sales Quantity by Type (2018-2029)
5.2 Global Wind Turbine Blade Composite Materials Consumption Value by Type (2018-2029)
5.3 Global Wind Turbine Blade Composite Materials Average Price by Type (2018-2029)
6 Market Segment by Application
6.1 Global Wind Turbine Blade Composite Materials Sales Quantity by Application (2018-2029)
6.2 Global Wind Turbine Blade Composite Materials Consumption Value by Application (2018-2029)
6.3 Global Wind Turbine Blade Composite Materials Average Price by Application (2018-2029)
7 North America
7.1 North America Wind Turbine Blade Composite Materials Sales Quantity by Type (2018-2029)
7.2 North America Wind Turbine Blade Composite Materials Sales Quantity by Application (2018-2029)
7.3 North America Wind Turbine Blade Composite Materials Market Size by Country
7.3.1 North America Wind Turbine Blade Composite Materials Sales Quantity by Country (2018-2029)
7.3.2 North America Wind Turbine Blade Composite Materials Consumption Value by Country (2018-2029)
7.3.3 United States Market Size and Forecast (2018-2029)
7.3.4 Canada Market Size and Forecast (2018-2029)
7.3.5 Mexico Market Size and Forecast (2018-2029)
8 Europe
8.1 Europe Wind Turbine Blade Composite Materials Sales Quantity by Type (2018-2029)
8.2 Europe Wind Turbine Blade Composite Materials Sales Quantity by Application (2018-2029)
8.3 Europe Wind Turbine Blade Composite Materials Market Size by Country
8.3.1 Europe Wind Turbine Blade Composite Materials Sales Quantity by Country (2018-2029)
8.3.2 Europe Wind Turbine Blade Composite Materials Consumption Value by Country (2018-2029)
8.3.3 Germany Market Size and Forecast (2018-2029)
8.3.4 France Market Size and Forecast (2018-2029)
8.3.5 United Kingdom Market Size and Forecast (2018-2029)
8.3.6 Russia Market Size and Forecast (2018-2029)
8.3.7 Italy Market Size and Forecast (2018-2029)
9 Asia-Pacific
9.1 Asia-Pacific Wind Turbine Blade Composite Materials Sales Quantity by Type (2018-2029)
9.2 Asia-Pacific Wind Turbine Blade Composite Materials Sales Quantity by Application (2018-2029)
9.3 Asia-Pacific Wind Turbine Blade Composite Materials Market Size by Region
9.3.1 Asia-Pacific Wind Turbine Blade Composite Materials Sales Quantity by Region (2018-2029)
9.3.2 Asia-Pacific Wind Turbine Blade Composite Materials Consumption Value by Region (2018-2029)
9.3.3 China Market Size and Forecast (2018-2029)
9.3.4 Japan Market Size and Forecast (2018-2029)
9.3.5 Korea Market Size and Forecast (2018-2029)
9.3.6 India Market Size and Forecast (2018-2029)
9.3.7 Southeast Asia Market Size and Forecast (2018-2029)
9.3.8 Australia Market Size and Forecast (2018-2029)
10 South America
10.1 South America Wind Turbine Blade Composite Materials Sales Quantity by Type (2018-2029)
10.2 South America Wind Turbine Blade Composite Materials Sales Quantity by Application (2018-2029)
10.3 South America Wind Turbine Blade Composite Materials Market Size by Country
10.3.1 South America Wind Turbine Blade Composite Materials Sales Quantity by Country (2018-2029)
10.3.2 South America Wind Turbine Blade Composite Materials Consumption Value by Country (2018-2029)
10.3.3 Brazil Market Size and Forecast (2018-2029)
10.3.4 Argentina Market Size and Forecast (2018-2029)
11 Middle East & Africa
11.1 Middle East & Africa Wind Turbine Blade Composite Materials Sales Quantity by Type (2018-2029)
11.2 Middle East & Africa Wind Turbine Blade Composite Materials Sales Quantity by Application (2018-2029)
11.3 Middle East & Africa Wind Turbine Blade Composite Materials Market Size by Country
11.3.1 Middle East & Africa Wind Turbine Blade Composite Materials Sales Quantity by Country (2018-2029)
11.3.2 Middle East & Africa Wind Turbine Blade Composite Materials Consumption Value by Country (2018-2029)
11.3.3 Turkey Market Size and Forecast (2018-2029)
11.3.4 Egypt Market Size and Forecast (2018-2029)
11.3.5 Saudi Arabia Market Size and Forecast (2018-2029)
11.3.6 South Africa Market Size and Forecast (2018-2029)
12 Market Dynamics
12.1 Wind Turbine Blade Composite Materials Market Drivers
12.2 Wind Turbine Blade Composite Materials Market Restraints
12.3 Wind Turbine Blade Composite Materials Trends Analysis
12.4 Porters Five Forces Analysis
12.4.1 Threat of New Entrants
12.4.2 Bargaining Power of Suppliers
12.4.3 Bargaining Power of Buyers
12.4.4 Threat of Substitutes
12.4.5 Competitive Rivalry
12.5 Influence of COVID-19 and Russia-Ukraine War
12.5.1 Influence of COVID-19
12.5.2 Influence of Russia-Ukraine War
13 Raw Material and Industry Chain
13.1 Raw Material of Wind Turbine Blade Composite Materials and Key Manufacturers
13.2 Manufacturing Costs Percentage of Wind Turbine Blade Composite Materials
13.3 Wind Turbine Blade Composite Materials Production Process
13.4 Wind Turbine Blade Composite Materials Industrial Chain
14 Shipments by Distribution Channel
14.1 Sales Channel
14.1.1 Direct to End-User
14.1.2 Distributors
14.2 Wind Turbine Blade Composite Materials Typical Distributors
14.3 Wind Turbine Blade Composite Materials Typical Customers
15 Research Findings and Conclusion
16 Appendix
16.1 Methodology
16.2 Research Process and Data Source
16.3 Disclaimer

Published By : GlobalInfoResearch

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