Wind Turbine Composite Materials Market by Fiber Type, Resin Type, Manufacturing Process, Application

Description

List of Tables

[192 Pages Report] The Wind Turbine Composite Materials Market size was estimated at USD 14.29 billion in 2023 and expected to reach USD 15.39 billion in 2024, at a CAGR 10.05% to reach USD 27.94 billion by 2030.

Global Wind Turbine Composite Materials Market

KEY MARKET STATISTICS
Base Year [2023]	USD 14.29 billion
Estimated Year [2024]	USD 15.39 billion
Forecast Year [2030]	USD 27.94 billion
CAGR (%)	10.05%

Wind Turbine Composite Materials Market - IMG1

FPNV Positioning Matrix

The FPNV Positioning Matrix is pivotal in evaluating the Wind Turbine Composite Materials Market. It offers a comprehensive assessment of vendors, examining key metrics related to Business Strategy and Product Satisfaction. This in-depth analysis empowers users to make well-informed decisions aligned with their requirements. Based on the evaluation, the vendors are then categorized into four distinct quadrants representing varying levels of success: Forefront (F), Pathfinder (P), Niche (N), or Vital (V).

Market Share Analysis

The Market Share Analysis is a comprehensive tool that provides an insightful and in-depth examination of the current state of vendors in the Wind Turbine Composite Materials Market. By meticulously comparing and analyzing vendor contributions in terms of overall revenue, customer base, and other key metrics, we can offer companies a greater understanding of their performance and the challenges they face when competing for market share. Additionally, this analysis provides valuable insights into the competitive nature of the sector, including factors such as accumulation, fragmentation dominance, and amalgamation traits observed over the base year period studied. With this expanded level of detail, vendors can make more informed decisions and devise effective strategies to gain a competitive edge in the market.

Key Company Profiles

The report delves into recent significant developments in the Wind Turbine Composite Materials Market, highlighting leading vendors and their innovative profiles. These include AREVA S.A., Arkema S.A., Composites United e.V., Enercon GmbH, Exel Composites, Gurit Services AG, Hexcel Corporation, Huntsman International LLC, Kemrock Industries and Exports Limited, Lianyungang Zhongfu Lianzhong Composites Group Co., Ltd., LM Wind Power by General Electric Company, Mitsubishi Chemical Corporation, Molded Fiber Glass Companies, Nordex SE, Owens Corning, Reliance Industries Ltd., SGL Carbon SE, Siemens Gamesa Renewable Energy, S.A, Solvay S.A., SpecialChem S.A., Suzlon Energy Limited, Tejin Limited, Toray Industries, Inc., Toray TCAC Holding B.V, TPI Composites, Inc., and Vestas Wind Systems A/S.

Market Segmentation & Coverage

This research report categorizes the Wind Turbine Composite Materials Market to forecast the revenues and analyze trends in each of the following sub-markets:

Fiber Type
- Aramid Fiber
- Carbon Fiber
- Glass Fiber
Resin Type
- Epoxy
- Polyester
- Polyurethane
- Vinyl Ester
Manufacturing Process
- Hand Lay-up
- Prepreg
- Vaccum Injection Molding
Application
- Hub
- Nacelle
- Propellers
- Rotor Blade
- Towers
Region
- Americas
  - Argentina
  - Brazil
  - Canada
  - Mexico
  - United States
    - California
    - Florida
    - Illinois
    - New York
    - Ohio
    - Pennsylvania
    - Texas
- Asia-Pacific
  - Australia
  - China
  - India
  - Indonesia
  - Japan
  - Malaysia
  - Philippines
  - Singapore
  - South Korea
  - Taiwan
  - Thailand
  - Vietnam
- Europe, Middle East & Africa
  - Denmark
  - Egypt
  - Finland
  - France
  - Germany
  - Israel
  - Italy
  - Netherlands
  - Nigeria
  - Norway
  - Poland
  - Qatar
  - Russia
  - Saudi Arabia
  - South Africa
  - Spain
  - Sweden
  - Switzerland
  - Turkey
  - United Arab Emirates
  - United Kingdom

The report offers valuable insights on the following aspects:

1. Market Penetration: It presents comprehensive information on the market provided by key players.

2. Market Development: It delves deep into lucrative emerging markets and analyzes the penetration across mature market segments.

3. Market Diversification: It provides detailed information on new product launches, untapped geographic regions, recent developments, and investments.

4. Competitive Assessment & Intelligence: It conducts an exhaustive assessment of market shares, strategies, products, certifications, regulatory approvals, patent landscape, and manufacturing capabilities of the leading players.

5. Product Development & Innovation: It offers intelligent insights on future technologies, R&D activities, and breakthrough product developments.

The report addresses key questions such as:

1. What is the market size and forecast of the Wind Turbine Composite Materials Market?

2. Which products, segments, applications, and areas should one consider investing in over the forecast period in the Wind Turbine Composite Materials Market?

3. What are the technology trends and regulatory frameworks in the Wind Turbine Composite Materials Market?

4. What is the market share of the leading vendors in the Wind Turbine Composite Materials Market?

5. Which modes and strategic moves are suitable for entering the Wind Turbine Composite Materials Market?

Product Code: MRR-DD0700E81EED

1. Preface

1.1. Objectives of the Study
1.2. Market Segmentation & Coverage
1.3. Years Considered for the Study
1.4. Currency & Pricing
1.5. Language
1.6. Limitations
1.7. Assumptions
1.8. Stakeholders

2. Research Methodology

2.1. Define: Research Objective
2.2. Determine: Research Design
2.3. Prepare: Research Instrument
2.4. Collect: Data Source
2.5. Analyze: Data Interpretation
2.6. Formulate: Data Verification
2.7. Publish: Research Report
2.8. Repeat: Report Update

3. Executive Summary

4. Market Overview

4.1. Introduction
4.2. Wind Turbine Composite Materials Market, by Region

5. Market Insights

5.1. Market Dynamics
- 5.1.1. Drivers
  - 5.1.1.1. Rapid inclination towards the adoption of renewable energy
  - 5.1.1.2. Growing development of offshore wind energy installations
  - 5.1.1.3. Increasing usage of composite materials to maintain weight and strength of blades
- 5.1.2. Restraints
  - 5.1.2.1. High cost of composite materials and fatigue issues
- 5.1.3. Opportunities
  - 5.1.3.1. Favorable government initiatives and investments for wind energy power
  - 5.1.3.2. Introduction of advanced composite materials for innovative wind turbine blades
- 5.1.4. Challenges
  - 5.1.4.1. Concern associated with recycling of the composite materials
5.2. Market Segmentation Analysis
5.3. Market Trend Analysis
5.4. Cumulative Impact of High Inflation
5.5. Porter's Five Forces Analysis
- 5.5.1. Threat of New Entrants
- 5.5.2. Threat of Substitutes
- 5.5.3. Bargaining Power of Customers
- 5.5.4. Bargaining Power of Suppliers
- 5.5.5. Industry Rivalry
5.6. Value Chain & Critical Path Analysis
5.7. Regulatory Framework

6. Wind Turbine Composite Materials Market, by Fiber Type

6.1. Introduction
6.2. Aramid Fiber
6.3. Carbon Fiber
6.4. Glass Fiber

7. Wind Turbine Composite Materials Market, by Resin Type

7.1. Introduction
7.2. Epoxy
7.3. Polyester
7.4. Polyurethane
7.5. Vinyl Ester

8. Wind Turbine Composite Materials Market, by Manufacturing Process

8.1. Introduction
8.2. Hand Lay-up
8.3. Prepreg
8.4. Vaccum Injection Molding

9. Wind Turbine Composite Materials Market, by Application

9.1. Introduction
9.2. Hub
9.3. Nacelle
9.4. Propellers
9.5. Rotor Blade
9.6. Towers

10. Americas Wind Turbine Composite Materials Market

10.1. Introduction
10.2. Argentina
10.3. Brazil
10.4. Canada
10.5. Mexico
10.6. United States

11. Asia-Pacific Wind Turbine Composite Materials Market

11.1. Introduction
11.2. Australia
11.3. China
11.4. India
11.5. Indonesia
11.6. Japan
11.7. Malaysia
11.8. Philippines
11.9. Singapore
11.10. South Korea
11.11. Taiwan
11.12. Thailand
11.13. Vietnam

12. Europe, Middle East & Africa Wind Turbine Composite Materials Market

12.1. Introduction
12.2. Denmark
12.3. Egypt
12.4. Finland
12.5. France
12.6. Germany
12.7. Israel
12.8. Italy
12.9. Netherlands
12.10. Nigeria
12.11. Norway
12.12. Poland
12.13. Qatar
12.14. Russia
12.15. Saudi Arabia
12.16. South Africa
12.17. Spain
12.18. Sweden
12.19. Switzerland
12.20. Turkey
12.21. United Arab Emirates
12.22. United Kingdom

13. Competitive Landscape

13.1. FPNV Positioning Matrix
13.2. Market Share Analysis, By Key Player
13.3. Competitive Scenario Analysis, By Key Player

14. Competitive Portfolio

14.1. Key Company Profiles
- 14.1.1. AREVA S.A.
- 14.1.2. Arkema S.A.
- 14.1.3. Composites United e.V.
- 14.1.4. Enercon GmbH
- 14.1.5. Exel Composites
- 14.1.6. Gurit Services AG
- 14.1.7. Hexcel Corporation
- 14.1.8. Huntsman International LLC
- 14.1.9. Kemrock Industries and Exports Limited
- 14.1.10. Lianyungang Zhongfu Lianzhong Composites Group Co., Ltd.
- 14.1.11. LM Wind Power by General Electric Company
- 14.1.12. Mitsubishi Chemical Corporation
- 14.1.13. Molded Fiber Glass Companies
- 14.1.14. Nordex SE
- 14.1.15. Owens Corning
- 14.1.16. Reliance Industries Ltd.
- 14.1.17. SGL Carbon SE
- 14.1.18. Siemens Gamesa Renewable Energy, S.A
- 14.1.19. Solvay S.A.
- 14.1.20. SpecialChem S.A.
- 14.1.21. Suzlon Energy Limited
- 14.1.22. Tejin Limited
- 14.1.23. Toray Industries, Inc.
- 14.1.24. Toray TCAC Holding B.V
- 14.1.25. TPI Composites, Inc.
- 14.1.26. Vestas Wind Systems A/S
14.2. Key Product Portfolio

15. Appendix

15.1. Discussion Guide
15.2. License & Pricing