PUBLISHER: QYResearch | PRODUCT CODE: 1859967
PUBLISHER: QYResearch | PRODUCT CODE: 1859967
The global market for Wind Turbine Rotor Blade was estimated to be worth US$ 9429 million in 2024 and is forecast to a readjusted size of US$ 9772 million by 2031 with a CAGR of 0.5% during the forecast period 2025-2031.
This report provides a comprehensive assessment of recent tariff adjustments and international strategic countermeasures on Wind Turbine Rotor Blade cross-border industrial footprints, capital allocation patterns, regional economic interdependencies, and supply chain reconfigurations.
Wind Turbine Rotor Blade is mounted on the wind turbine. Most wind turbines have three blades, though there are some with two blades. Blades are generally 30 to 50 meters (100 to 165 feet) long, with the most common sizes around 40 meters (130 feet). Longer blades are being designed and tested.
Global energy demand and transition:
The global shift to renewable energy to combat climate change will impact the market. Demand for wind turbine rotor blades will grow as countries commit to reducing carbon emissions and increasing renewable energy capacity.
Raw material costs and supply:
The availability and cost of raw materials such as glass fiber, carbon fiber and resin will affect the production of rotor blades. Fluctuations in material prices or disruptions in the supply chain will affect manufacturing costs and blade prices.
Size and scale of wind turbines:
The trend toward larger and more powerful wind turbines requires longer and stronger rotor blades. The development of large turbine blades involves new challenges and opportunities in design and manufacturing.
The world's major wind turbine blade manufacturers include Sinoma, TMT, Zhongfu Lianzhong, Aeolon, Sunrui, etc. The top five global manufacturers will account for approximately 57% of revenue in 2023.
Focus:
According to the current five-year plan, China aims to double its wind and solar power generation by 2025. Therefore, the impetus for technological advancement in the renewable energy sector has never been so strong.
Polyurethane (PU) resins are an innovative solution for the manufacture of wind turbine blades that have penetrated a market dominated by epoxy resins in recent years.
On November 30, 2022, Covestro and TMT launched the 1,000th polyurethane wind turbine blade. Covestro and TMT signed a memorandum of cooperation about a year ago and have achieved significant commercialization results on this basis. Polyurethane wind turbines are currently used in commercial wind farms across China.
The Spanish wind turbine blade market will show "explosive growth" by 2032.
There is a recycling problem for wind turbine rotor blades. Many wind turbines are gradually approaching the end of their service life, which is about 20 to 25 years.
Wind turbine blades are getting bigger and bigger.
This report aims to provide a comprehensive presentation of the global market for Wind Turbine Rotor Blade, focusing on the total sales volume, sales revenue, price, key companies market share and ranking, together with an analysis of Wind Turbine Rotor Blade by region & country, by Type, and by Application.
The Wind Turbine Rotor Blade market size, estimations, and forecasts are provided in terms of sales volume (MW) and sales revenue ($ millions), considering 2024 as the base year, with history and forecast data for the period from 2020 to 2031. 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 Rotor Blade.
Market Segmentation
By Company
Segment by Type
Segment by Application
By Region
Chapter Outline
Chapter 1: Introduces the report scope of the report, global total market size (value, volume and price). This chapter also provides 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 2: Detailed analysis of Wind Turbine Rotor Blade manufacturers competitive landscape, price, sales and revenue market share, latest development plan, merger, and acquisition information, etc.
Chapter 3: 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 4: 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 5: Sales, revenue of Wind Turbine Rotor Blade in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the market development, future development prospects, market space, and market size of each country in the world.
Chapter 6: Sales, revenue of Wind Turbine Rotor Blade in country level. It provides sigmate data by Type, and by Application for each country/region.
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: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 9: Conclusion.