PUBLISHER: MarketsandMarkets | PRODUCT CODE: 2011932
PUBLISHER: MarketsandMarkets | PRODUCT CODE: 2011932
The wind turbine composites market is estimated at USD 17.67 billion in 2025 and is projected to reach USD 28.85 billion by 2030, at a CAGR of 10.3% during the forecast period. The global transition to renewable energy sources, together with the rising need for bigger and better-performing turbines, leads to increased growth in the wind turbine composites market. The development of longer and more aerodynamic blades, which manufacturers use to capture energy from low wind conditions, needs materials that deliver optimal strength-to-weight performance.
| Scope of the Report | |
|---|---|
| Years Considered for the Study | 2021-2030 |
| Base Year | 2024 |
| Forecast Period | 2025-2030 |
| Units Considered | Value (USD Million/Billion) |
| Segments | Fiber Type, Resin Type, Manufacturing Process, Component, Application |
| Regions covered | Europe, North America, Asia Pacific, the Middle East & Africa, and South America |
The combination of glass fiber and carbon fiber reinforced polymers delivers essential material properties that enable turbines to withstand high mechanical loads while keeping their weight low for turbine drivetrain and tower support. The adoption of these materials has grown faster because offshore wind farms have expanded their presence to maintain structural integrity while decreasing turbine maintenance expenses throughout their operational time.

"In terms of value, epoxy resin is expected to register the second-highest CAGR during the forecast period."
The epoxy resin type is expected to witness the second-highest CAGR in the wind turbine composites market, as its mechanical properties enable it to sustain larger turbine blades. Epoxy maintains market leadership because manufacturers are transitioning to vacuum-assisted resin infusion (VARTM), which requires epoxy's low shrinkage and strong adhesion properties to create lightweight, high-performance products. The growing demand for offshore wind installations and the development of recyclable epoxy systems provide a strong growth trajectory.
"In terms of value, the onshore wind turbine segment is expected to register the second-highest CAGR during the forecast period."
The onshore application is expected to register the second-highest CAGR in the wind turbine composites market, primarily due to its extensive global adoption and cost-efficiency compared to offshore installations. Onshore wind power benefits from established supply chains and straightforward installation methods, which enable rapid expansion, whereas offshore wind power requires time to reach its full potential. The established segment maintains strong growth because the industry keeps updating existing turbines with advanced composite blades, which enable better energy capture at decreased wind speeds.
"In terms of value, Europe is expected to register the second-highest CAGR during the forecast period."
The Europe region is expected to record the second-highest CAGR in the wind turbine composites market, because the region has implemented extensive offshore wind projects and established strict enforcement mechanisms through the Net Zero Industry Act (NZIA), which mandates 40% renewable energy technology adoption by 2030. The region's growth is further accelerated by a mature R&D ecosystem, which establishes circular economy programs through its research on fully recyclable blades that comply with European sustainability standards. The current trend of replacing old wind farms with bigger, more efficient turbines drives the demand for advanced carbon and glass fiber composites, which improve energy efficiency.
Prominent companies in this market are China Jushi Co., Ltd. (China), DowAksa (Turkey), Teijin Limited (Japan), SGL Carbon (Germany), Hexcel Corporation (US), Gurit Services AG (Switzerland), China National Building Material Group Corporation (China), Toray Industries, Inc. (Japan), Rochling SE & Co. KG (Germany), Exel Composites (Finland), Evonik (Germany), Arkema (France), Owens Corning (US), ExxonMobil Corporation (US), and Huntsman International LLC (US).
Research Coverage
This research report categorizes the wind turbine composites market by fiber type (glass fiber, carbon fiber), resin type (epoxy, polyurethane), manufacturing process (VARTM/VI, filament winding), component (blades, nacelles), application (onshore wind turbines, offshore wind turbines), and region (North America, Europe, Asia Pacific, the Middle East & Africa, and South America). The scope of the report includes detailed information about the major factors influencing the growth of the wind turbine composites market, such as drivers, restraints, challenges, and opportunities. A thorough examination of the key industry players has been conducted to provide insights into their business overview, solutions and services, key strategies, and recent developments in the wind turbine composites market. This report includes a competitive analysis of upcoming startups in the wind turbine composites market ecosystem.
Reasons to buy this report
The report will help market leaders/new entrants in this market with information on the closest approximations of the revenue numbers for the overall wind turbine composites market and the subsegments. This report will help stakeholders understand the competitive landscape and gain more insights to better position their businesses and plan suitable go-to-market strategies. The report also helps stakeholders understand the pulse of the market and provides them with information on key market drivers, restraints, challenges, and opportunities.