openPR Logo
Press release

Wind Turbine Composite Materials Market Poised to Expand at a Robust Pace Over 2015 – 2025

09-17-2018 05:21 PM CET | Advertising, Media Consulting, Marketing Research

Press release from: Future Market Insights

Wind Turbine Composite Materials Market Poised to Expand at

The need for clean, sustainable power sources to fuel the economic growth globally is increasingly being met with energy generation with wind power. The trend is expected to also be continuing in the future. The market is increasingly driven by the competitive pricing, energy security, and price stability. Increasing demand of lightweight materials with high efficiency has driven the growth of composite materials in the wind energy market. Growing new installations of wind turbines, increased size of blades and increasing use of composites in other turbine components such as nacelle and hub are expected to increase the demand for composite materials resulting in the growth of wind turbine composite materials market.

Composite materials endure its control on various global markets including the wind energy market. The material delivers higher stability, reliability and increased life of the objects due to which it holds a very high impact on different global markets. Composites are of great importance in the manufacturing of wind turbine rotor blade which is the one of the critical component of overall wind turbine structure. With the continuous increment in the length of rotor blades for raising the wind turbine output is providing growth prospects to the global wind turbine composite materials market.

Request sample:

Glass fiber is the largest consumed composite material in the wind turbine manufacturing. The wind turbine blade is witnessing the largest demand for the composite materials. The continued growth in the wind energy demand and its succeeding production is significantly responsible for the growth of global wind turbine composite materials market.

Wind Turbine Composite Materials Market: Drivers & Restraints

The global wind turbine composite materials market is expected to grow due increasing demand from wind energy sector owing to the positive growth prospects in the concerned market. The market augmentation is further supported by the supportive economic and environmental factors raising the demand for the composite materials in the wind energy market. Additionally the competitive advantage of composites over traditional materials such as steel and aluminium due to its properties such as corrosion resistance, lower maintenance, long lifecycle and high strength-to-weight ratio are rising its demand from the wind energy market.

Conversely the high cost of these materials are inhibiting the market from growing. It is also anticipated that substantial cost for carbon fiber can also pose a challenge for the growing market of wind turbine composite materials market.

Wind Turbine Composite Materials Market: Segmentation

By type of fiber, the global wind turbine composite materials market is segmented as follows:

Glass Fiber
Carbon Fiber

By type of resin, the global wind turbine composite materials market is segmented as follows:

Vinyl Ester

By type of application, the global wind turbine composite materials market is segmented as follows:

Rotor Blade

Wind Turbine Composite Materials Market: Region-wise Outlook

The wind turbine composite materials market is expected to register a favourable growth for the forecast period, 2015?2025. The Asia Pacific is projected to endure control on the global wind turbine composite materials market. The factors contributing to the rising demand in APAC are growing awareness for the alternative sources of energy, growth of installed wind power size in China and India, new product launches and higher expansions. North America and Europe is expected to follow the APAC market. Rest of the world is the smallest market of all but is expected to grow at the fastest growth pace.

Request TOC:

Wind Turbine Composite Materials Market: Key Players

The key players in the global wind turbine composite materials market are Cytec Industries, Teijin Limited, Gurit Holding AG, Toray Industries, TPI Composites, Royal Tencate NV etc.

Future Market Insights (FMI) is a leading market intelligence and consulting firm. We deliver syndicated research reports, custom research reports and consulting services, which are personalized in nature. FMI delivers a complete packaged solution, which combines current market intelligence, statistical anecdotes, technology inputs, valuable growth insights, an aerial view of the competitive framework, and future market trends.

Future Market Insights
616 Corporate Way, Suite 2-9018,
Valley Cottage, NY 10989,
United States
T: +1-347-918-3531
F: +1-845-579-5705

This release was published on openPR.

Permanent link to this press release:

Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release Wind Turbine Composite Materials Market Poised to Expand at a Robust Pace Over 2015 – 2025 here

News-ID: 1243458 • Views: 240

More Releases from Future Market Insights

How Changing Dynamics of Cable Testing Market are Reflecting on Growth Strategie …
Global Cable Testing Market: Introduction The cost of the substitution of cables that are concealed is very high. Faults in the cable, bending, kinking, and crushing, are not always visible, which has created the requirement for cable testing. Thus, cable testing helps check the cable functionality, cable quality, and cable conformity. Several times, cable testing by visual inspection is an effective way of identifying the actual problem before it causes any
How Transformative Trends in Self-Organising Network Market are Molding Strategi …
Self-Organising Network: Introduction With accelerated advancements and increasing complexities in the radio network technologies, such as those utilised for the development of LTE and 5G networks, which are used for planning, management, configuration, healing and optimisation, are required to be automated to facilitate efficiency. At present, suppliers are offering self-organising networks that possess the ability to offer optimum performance. Self-organising networks are use cases that perform network governance, including network planning,
Mining Vehicle AC Kits Market: Exploring the Impact of Trends on Strategies of K …
Mining Vehicle AC Kits Market: Introduction Cabin space in mining equipment has become more sophisticated in the recent past. The installation of mining vehicle AC kits has evolved from an optional feature to a necessary feature. Mining equipment manufacturers have made advancements in technology related to efficiency, performance and cost of air conditioning systems in order to make them affordable and economical to enable low-budget and compact installations without compromising on
Key Factors to Fuel Growth of the Talent Acquisition & Staffing Technology and S …
With the growing importance of recruiting and retaining top talent effectively and efficiently, smart hiring processes are the need of the hour. It is about time organisations move beyond merely scrutinising resumes. Salaries and benefits are important factors, but adopting ways that would make candidates an important part of the hiring process will attract the best talent. Studies reveal that due to discrepancies in existing Applicant Tracking Systems (ATS), hiring

All 5 Releases

More Releases for Composite

New commercial strategy for Windform® composite materials
The Windform® materials in the worldwide selection of powders for Additive Manufacturing are esteemed as top-level in outstanding performance and mechanical properties. The aim of CRP Technology is to ensure the highest quality in the manufacture of 3D printed components in Windform®. This has characterized the modus operandi of CRP Technology for over 20 years. For this reason, the company has revised its commercial policy: Windform® composite materials will no longer be
Global Composite Switches Market Insights, Forecast 2025
This report presents the worldwide Composite Switches market size (value, production and consumption), splits the breakdown (data status 2014-2019 and forecast to 2025), by manufacturers, region, type and application. This study also analyzes the market status, market share, growth rate, future trends, market drivers, opportunities and challenges, risks and entry barriers, sales channels, distributors and Porter's Five Forces Analysis. Get sample copy of report: Table of Contents 1 Study Coverage
Composite Kitchen Sinks Market
Dulcimer Instruction Market The Global Dulcimer Instruction Market 2019 Research Report incorporates a total and careful investigation of Dulcimer Instruction industry covering diverse perspectives like market volume, piece of the overall industry, advertise techniques, Dulcimer Instruction development patterns, assortment of uses, use volume, request and supply examination, creation limit and Dulcimer Instruction industry cost structures amid Forecast period from 2019 to 2025. The report titled Global Dulcimer Instruction Market 2019
Composite Repairs Market SWOT Overview 2025
Global Composite Repairs Market: Snapshot In the recent times, many governments across the world have emphasized on the conservation of monuments and old structures, which has led to a significant increase in investments in the rehabilitation of old constructions. This, consequently, is fueling the demand for composite repairs, worldwide. Commonly, composite repairs are performed on damaged parts of automotive panels, aircraft, hull and deck of boat, wind blades, bridges, panels used
Optaglio focuses on composite identity cards
Optaglio, the global leader in high-resolution security holograms, launched Optaglio OVConnect product for seamless integration of holograms into composite ID cards. This innovation complements unique patented solution for polycarbonate, OVMesh. “Our consultants are sometimes asked what is more suitable, polycarbonate or composite. It depends on the particular situation. A lot of factors play their role, but it seems that lifecycle is the key. If you can change cards each - let
Global Composite Structural Repairs Market Highlights 2022
Qyresearchreports include new market research report "Global Composite Structural Repairs Market Size,Status and Forecast 2025" to its huge collection of research reports. The global market for Composite Structural Repairs has been witnessing a transitional phase. With a highlight on these changes, this research study presents an in-depth analysis of the worldwide Composite Structural Repairs market during the period from 2018 to 2023. The market report provides a comprehensive picture of the latest