The global fossil fuel dependency is expected to cause significant social and economic fluctuations. An economy that is based on fossil fuel is highly unsustainable. The efforts taken to reduce such an impact and reduce its usage and dependence has paved way for alternate and renewable sources of energy. Alternate sources, such as wind energy, is one of the most sought after options since it is the least expensive power generating option. Increasing number of locations for capacity additions in newer markets such as Africa, Asia, Central, and South America is driving the wind power generation. Both onshore and offshore wind power generation have contributed to the improvement of wind energy’s economics in varied operating conditions and wind regimes.
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According to the report, one driver in market is wind power capacity additions. Wind energy is emerging as a low-cost renewable source of energy for the generation of electricity, with developed regions such as North America and Western Europe accounting for the highest investments in the total wind tower installations across the globe. It is a high-potential application area for carbon fiber composites, with turbine blades being the fastest growing product in this segment. Thermoset prepregs are widely used for the manufacture of wind turbines as these exhibit superior performance characteristics such as high strength-to-weight ratio and durability. An increasing number of vendors in the market are focusing on the R&D of technologically advanced products for such applications. The introduction of new low-cost carbon fiber prepregs for wind energy applications is expected to trigger the manufacture of wind turbine blades that are stronger, lighter, and longer, thereby create more energy as compared with shorter blades.
The global Wind Turbine Composite Materials market is valued at xx million US$ in 2018 is expected to reach xx million US$ by the end of 2025, growing at a CAGR of xx% during 2019-2025.
This report focuses on Wind Turbine Composite Materials volume and value at global level, regional level and company level. From a global perspective, this report represents overall Wind Turbine Composite Materials market size by analyzing historical data and future prospect. Regionally, this report focuses on several key regions: North America, Europe, China and Japan.
Key companies profiled in Wind Turbine Composite Materials Market report are Cytec Solvay, Gurit, Teijin, Toray, Tpi Composites, Hc Composite, Hexcel, Molded Fiber Glass, Sgl and more in term of company basic information, Product Introduction, Application, Specification, Production, Revenue, Price and Gross Margin (2014-2019), etc.
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Table of Content
1 Wind Turbine Composite Materials Market Overview
2 Global Wind Turbine Composite Materials Market Competition by Manufacturers
3 Global Wind Turbine Composite Materials Production Market Share by Regions
4 Global Wind Turbine Composite Materials Consumption by Regions
5 Global Wind Turbine Composite Materials Production, Revenue, Price Trend by Type
6 Global Wind Turbine Composite Materials Market Analysis by Applications
7 Company Profiles and Key Figures in Wind Turbine Composite Materials Business
8 Wind Turbine Composite Materials Manufacturing Cost Analysis
9 Marketing Channel, Distributors and Customers
10 Market Dynamics
11 Global Wind Turbine Composite Materials Market Forecast
12 Research Findings and Conclusion
13 Methodology and Data Source