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Report Description

Report Description

Forecast Period

2026-2030

Market Size (2024)

USD 15.78 Billion

Market Size (2030)

USD 25.28 Billion

CAGR (2025-2030)

8.01%

Fastest Growing Segment

Carbon Fiber

Largest Market

North America

Market Overview

Global Wind Turbine Composites Market was valued at USD 15.78 Billion in 2024 and is expected to reach USD 25.28 Billion by 2030 with a CAGR of 8.01%. The Wind Turbine Composites Market refers to the global industry involved in the production, supply, and application of composite materials used in manufacturing various components of wind turbines, such as blades, nacelles, hubs, and towers. These composites, primarily comprising materials like glass fiber, carbon fiber, and epoxy or polyester resins, are designed to enhance performance by providing high strength-to-weight ratios, superior fatigue resistance, and corrosion protection while enabling longer, lighter, and more durable turbine components. The market has gained significant momentum due to the rising global focus on renewable energy and the increasing deployment of onshore and offshore wind farms as nations strive to meet carbon neutrality targets and reduce reliance on fossil fuels.

Wind turbine composites play a critical role in the development of larger and more efficient turbine blades, which are essential for improving energy output and reducing the levelized cost of electricity (LCOE). Advancements in composite technologies, such as automated manufacturing processes, thermoplastic resins, and recyclable composite materials, are further supporting market expansion by addressing challenges related to cost, sustainability, and end-of-life recycling. The market is also influenced by regional policies, government incentives, and technological collaborations aimed at enhancing wind power infrastructure. With growing investments in offshore wind projects, especially in regions such as Europe, North America, and Asia-Pacific, the demand for high-performance and weather-resistant composites is expected to surge.

Moreover, the transition from traditional materials like steel and aluminum to composites in turbine structures reflects the industry's need for weight reduction, structural integrity, and efficiency optimization. However, factors such as high production costs, complex manufacturing requirements, and limited recycling infrastructure may present challenges to market growth. Despite these hurdles, the long-term outlook remains positive, driven by innovations in material science, favorable regulatory environments, and the continuous scaling of wind energy projects worldwide. As turbine manufacturers seek to produce longer blades and enhance load-bearing capacity without increasing weight, composite materials will continue to be pivotal in shaping the future of wind energy. Consequently, the Wind Turbine Composites Market is poised for sustained growth, underpinned by the accelerating global shift toward clean energy and the expanding role of wind power in the global energy mix.

Key Market Drivers

Rising Global Focus on Renewable Energy to Combat Climate Change

The wind turbine composites market is experiencing significant growth, primarily driven by the increasing global emphasis on renewable energy as a sustainable solution to mitigate climate change. Governments across the globe are enacting stringent environmental policies and committing to international agreements such as the Paris Agreement to reduce greenhouse gas emissions, prompting a dramatic shift from fossil fuels to clean energy sources like wind power. As wind energy is among the most cost-effective and mature forms of renewable energy, it is rapidly gaining traction in both developed and emerging economies. This momentum has led to an unprecedented expansion of wind farm installations, both onshore and offshore, thereby boosting the demand for high-performance materials such as composites.

Composites—especially fiberglass and carbon fiber reinforced polymers—play a crucial role in manufacturing lighter, stronger, and more durable wind turbine blades, nacelles, and other components. These materials improve the efficiency and reliability of wind turbines by enhancing their aerodynamic properties and resistance to fatigue, corrosion, and extreme weather conditions. The push for larger rotor diameters and longer blade lengths in modern turbines to capture more wind energy has made composites indispensable due to their favorable strength-to-weight ratio. Additionally, the rise in public-private partnerships and green financing initiatives aimed at accelerating the deployment of wind energy infrastructure further supports the market.

Incentives such as tax credits, subsidies, feed-in tariffs, and renewable energy certificates are motivating companies to invest in wind energy projects, indirectly fueling demand for wind turbine composites. Furthermore, growing consumer awareness and corporate sustainability goals are encouraging the adoption of renewable energy, adding momentum to this market. As industries strive to decarbonize and transition toward net-zero emissions, the role of wind energy—and by extension, wind turbine composites—becomes increasingly vital. This macro-level trend ensures a sustained and long-term growth trajectory for the wind turbine composites market as energy stakeholders worldwide continue to scale up their renewable portfolios. The European Union’s Green Deal aims for 45% of energy from renewables by 2030—significantly boosting wind energy deployment.

Technological Advancements in Composite Materials and Manufacturing Processes

Another critical driver propelling the wind turbine composites market is the continuous evolution of composite materials and manufacturing technologies that enhance the performance, efficiency, and cost-effectiveness of wind turbines. Innovations in material science, such as the development of hybrid composites and advanced carbon fiber formulations, have enabled the production of longer and more resilient blades without significantly increasing their weight. These technological advancements are particularly crucial in the offshore wind sector, where turbines are exposed to harsher environmental conditions and where the cost and complexity of maintenance are significantly higher. Wind energy currently accounts for nearly 40% of new renewable capacity additions worldwide.

New resin systems with improved curing properties, better UV and chemical resistance, and enhanced recyclability are being developed to extend the lifespan of turbine components while minimizing environmental impact. Furthermore, automated manufacturing techniques, such as vacuum-assisted resin transfer molding (VARTM), filament winding, and robotic blade manufacturing, are significantly reducing production time and labor costs while improving product consistency and quality. These innovations also support the scalability of turbine production, making it more feasible to meet the growing global demand. Additionally, digital technologies such as digital twins and advanced simulation tools are being employed to optimize blade designs for better aerodynamic performance and to predict structural behavior under various operating conditions.

These integrated design and manufacturing advancements not only lower the total cost of ownership for wind energy projects but also reduce the levelized cost of electricity (LCOE), making wind power more competitive with conventional energy sources. As composite technologies continue to mature and integrate with Industry 4.0 practices, the wind energy sector is poised to benefit from increased efficiency and reduced downtime, further driving the adoption of composites in turbine manufacturing. The synergy of material and process innovation thus plays a pivotal role in supporting the rapid expansion of the wind turbine composites market, aligning with the industry's broader goals of performance optimization and sustainability.

Expansion of Offshore Wind Energy Projects

The rapid expansion of offshore wind energy projects globally is serving as a robust driver for the wind turbine composites market, largely due to the unique material demands posed by marine environments. Offshore wind farms offer several advantages over their onshore counterparts, such as stronger and more consistent wind resources, minimal land use conflicts, and proximity to densely populated coastal regions, which makes power transmission more efficient. However, these advantages come with engineering challenges that necessitate the use of advanced composite materials.

Offshore turbines are generally larger, operate under more extreme environmental conditions—including saltwater corrosion, high humidity, and intense storms—and require minimal maintenance due to accessibility issues. Consequently, components such as blades, nacelles, and support structures must be lightweight yet extremely durable and corrosion-resistant. Composites, particularly glass fiber and carbon fiber reinforced polymers, fulfill these requirements by offering high strength-to-weight ratios, excellent fatigue resistance, and long operational lifespans. The growing number of large-scale offshore wind installations, especially in Europe, China, and the U.S., is significantly increasing the demand for such high-performance materials. For instance, countries like the United Kingdom, Germany, and Denmark have been at the forefront of offshore wind adoption, while emerging markets in Asia-Pacific and North America are scaling up their investments.

Moreover, national and regional policies supporting offshore wind—such as seabed leasing programs, streamlined permitting processes, and fiscal incentives—are encouraging energy developers to invest in this segment, indirectly amplifying the need for advanced composites. The global trend toward floating wind turbines, which can be deployed in deeper waters where wind speeds are higher, is also contributing to the demand for innovative composite solutions capable of withstanding dynamic loading and complex marine stresses. As offshore wind capacity continues to grow rapidly to meet net-zero emission goals, the requirement for reliable, lightweight, and corrosion-resistant materials will become more critical, thus reinforcing the upward trajectory of the wind turbine composites market. Turbine blades now exceed 80–100 meters in length, making traditional materials inefficient and highlighting the need for composites.


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Key Market Challenges

High Cost of Composite Materials and Manufacturing Complexity

One of the primary challenges hampering the growth of the wind turbine composites market is the high cost associated with composite materials and the complex manufacturing processes required for their integration into turbine structures. Advanced composites, such as carbon fiber and glass fiber reinforced plastics, are preferred in turbine blades due to their superior strength-to-weight ratio, fatigue resistance, and corrosion durability. However, these benefits come at a premium, as the raw materials are significantly more expensive than traditional alternatives like steel or aluminum. Additionally, the fabrication of composite turbine blades involves labor-intensive processes such as resin infusion, pre-pregging, curing, and precise molding, which not only increase production costs but also demand skilled labor and specialized facilities.

These capital-intensive requirements pose a major entry barrier for small and mid-sized manufacturers, limiting innovation and scalability in the market. Furthermore, as turbine sizes increase to capture more energy, especially in offshore installations, the length and weight of the blades have also expanded, intensifying the need for larger molds, longer curing times, and higher quality control standards. Transporting these massive composite structures from factories to installation sites further adds to logistical costs, especially in regions with underdeveloped infrastructure. The economic feasibility becomes even more strained in emerging economies where investment in renewable energy infrastructure is still in its infancy, leading to a reliance on lower-cost alternatives.

Moreover, the lack of standardized design protocols and limited recyclability of composite materials further contribute to cost inefficiencies, as each manufacturer must tailor their processes and materials to specific turbine models and performance requirements. While technological advancements are gradually reducing material and production costs, the current financial burden continues to pose a significant obstacle to widespread adoption. These economic constraints limit the deployment of advanced composite wind turbines, particularly in cost-sensitive markets or small-scale energy projects.

The challenge is further exacerbated by increasing global competition and pricing pressures, which force manufacturers to balance cost and performance without compromising reliability or safety. In the long run, unless breakthroughs in material science and manufacturing automation make composite production more affordable and scalable, the high cost of wind turbine composites will continue to act as a deterrent, potentially slowing down the global transition to wind-based renewable energy.

Recycling and End-of-Life Disposal Issues

Another substantial challenge confronting the wind turbine composites market is the issue of recycling and the sustainable disposal of composite materials at the end of their operational life. Wind turbine blades, primarily composed of thermoset composites reinforced with fiberglass or carbon fiber, are designed for durability and performance rather than end-of-life disassembly. These materials are difficult to break down using conventional recycling methods due to their cross-linked polymer structures, which resist melting and reshaping. As a result, a significant proportion of decommissioned blades are either landfilled or incinerated, both of which pose environmental and regulatory concerns.

With thousands of turbines installed during the early 2000s approaching the end of their 20–25-year lifecycle, the volume of composite waste is rapidly escalating, particularly in mature wind energy markets like Europe and the United States. This surge in waste challenges sustainability claims associated with wind energy, sparking criticism and resistance from environmental groups, local communities, and policymakers. Compounding the issue is the absence of a standardized, economically viable recycling infrastructure that can manage the growing volume of turbine composite waste. Although several innovative recycling methods, such as pyrolysis, solvolysis, and mechanical grinding, are being explored, these remain costly, energy-intensive, or incapable of recovering high-quality fibers, thereby reducing the attractiveness of recycled composites for reintegration into industrial applications.

Additionally, logistics for dismantling, transporting, and processing large, heavy turbine blades add further complications and costs to the recycling chain. This lack of sustainable end-of-life solutions undermines the circular economy goals of the wind energy sector and affects the brand perception and long-term viability of composite manufacturers. Regulatory bodies are beginning to respond by considering stricter disposal and recycling mandates, which may increase compliance costs for manufacturers and wind farm operators. For example, some European nations have started banning the landfilling of composite blades, necessitating urgent investment in scalable recycling technologies.

However, without significant industry-wide collaboration and public-private partnerships to fund and develop these systems, the sector faces mounting environmental liabilities and operational bottlenecks. The challenge of end-of-life disposal is not merely a logistical concern but a strategic one, as it affects the overall lifecycle cost, sustainability metrics, and social license to operate for wind energy projects. Addressing this issue requires coordinated efforts across the value chain—from material innovation and blade design for recyclability to investment in circular economy infrastructure—which, if left unresolved, could stifle the growth potential of the wind turbine composites market in the coming decades.

Key Market Trends

Rising Adoption of Carbon Fiber Composites for Enhanced Turbine Efficiency

The wind turbine composites market is increasingly witnessing a shift towards the use of carbon fiber composites over traditional glass fiber due to their superior mechanical properties, including higher stiffness-to-weight ratios and exceptional fatigue resistance. As wind turbine blades continue to grow in size—now exceeding 100 meters in many offshore installations—the need for lighter, stronger materials becomes more critical to improve performance and reduce load on supporting structures. Carbon fiber offers significant weight reduction, which not only minimizes the overall stress on the turbine but also increases energy capture by enabling longer blades that sweep more wind.

Moreover, carbon fiber composites enhance turbine efficiency by improving aerodynamic performance and reducing operational costs over time. Leading manufacturers are now focusing on hybrid designs that combine both glass and carbon fibers to balance performance with cost-effectiveness. Although carbon fiber remains more expensive than glass fiber, the long-term benefits such as lower maintenance costs, enhanced lifespan, and improved energy yield justify its growing adoption, especially in high-performance offshore wind applications. Research and development efforts are underway to reduce the cost of carbon fiber and to develop recyclable carbon composite materials to meet both performance and sustainability goals. The shift is also being supported by government policies and clean energy mandates that encourage high-efficiency turbines for meeting renewable energy targets.

Additionally, advanced resin systems like epoxy and vinyl ester are being integrated with carbon fiber to further enhance the durability and reliability of turbine components under extreme environmental conditions. Innovations in manufacturing technologies, such as automated fiber placement and out-of-autoclave processing, are also driving down production costs, making carbon fiber composites more accessible for commercial-scale applications. This trend aligns with the global push towards maximizing energy output while ensuring sustainability and cost-efficiency in wind power generation.

Growth of Offshore Wind Projects Fueling Demand for High-Performance Composites

The rapid global expansion of offshore wind energy projects is driving significant demand for advanced composite materials capable of withstanding harsh marine environments, prolonged exposure to moisture, and extreme weather conditions. Unlike onshore turbines, offshore wind turbines require more robust and durable materials to maintain structural integrity over longer lifespans, often exceeding 25 years. As such, wind turbine manufacturers are increasingly turning to high-performance composite solutions, including advanced glass fiber composites reinforced with corrosion-resistant resins like epoxy and polyurethane.

These materials offer excellent strength, fatigue resistance, and lightweight properties, which are essential for the large-scale blades and nacelles used in offshore turbines. Furthermore, the floating offshore wind segment, which allows turbines to be deployed in deeper waters, is emerging as a key driver for composite demand due to its structural complexities and higher design requirements. Governments across Europe, Asia-Pacific, and North America are supporting offshore wind expansion through subsidies, tax incentives, and dedicated infrastructure investments, creating a robust pipeline of new installations. As turbine capacities increase—often reaching up to 15 MW—the blades must grow longer while maintaining reliability, which further emphasizes the need for durable, lightweight composites. Companies are also investing in modular and prefabricated composite components that simplify transportation and assembly in remote offshore locations.

Additionally, sustainability concerns are prompting the development of recyclable thermoplastic composites and bio-based resins that reduce the environmental impact of offshore turbine components. Innovations in digital twin technology and smart materials are also being explored to enhance real-time monitoring and predictive maintenance, reducing operational downtimes. Overall, the offshore wind sector’s rapid expansion is creating a strong, sustained demand for high-performance composites that ensure reliability, cost-efficiency, and environmental resilience, cementing this trend as a major force shaping the future of the wind turbine composites market. Over 140 countries have established net-zero targets, driving the demand for clean energy technologies like wind power.

Focus on Sustainability and Circular Economy Driving Innovations in Recyclable Composites

The wind turbine composites market is increasingly aligning with global sustainability goals and circular economy principles, leading to a surge in research and adoption of recyclable and environmentally friendly composite materials. Traditionally, turbine blades made from thermoset resin composites are challenging to recycle due to their irreversible chemical bonds, resulting in a growing concern over end-of-life blade disposal. This has prompted manufacturers, researchers, and policy makers to seek innovative materials and processes that enable efficient recycling or repurposing of turbine components.

A key trend is the development and commercialization of thermoplastic composites, which can be reheated, reshaped, and reused, offering a viable solution for sustainable blade manufacturing. Thermoplastic resin systems such as Elium® are gaining traction due to their recyclability and comparable mechanical properties to conventional thermoset resins. In parallel, bio-based resins derived from renewable sources like corn, soy, and lignin are being introduced to reduce the environmental footprint of composite manufacturing. Major industry players are forming partnerships with recycling companies and academic institutions to pilot blade recycling projects that convert used composites into materials for construction, automotive, or consumer goods. Regulatory pressure in regions like Europe, where environmental directives require reduced landfill waste and increased material recovery, is accelerating the adoption of recyclable composites. Furthermore, OEMs and wind farm operators are exploring blade-as-a-service models and extended producer responsibility schemes that incentivize sustainable design and product lifecycle management.

Lifecycle assessment tools and digital design technologies are also being employed to create more sustainable and recyclable blade architectures. These advancements not only support environmental goals but also contribute to cost savings over the turbine's operational lifespan. As ESG (Environmental, Social, and Governance) reporting becomes a critical metric for investment and stakeholder engagement, companies are leveraging sustainable composite innovations to differentiate themselves and gain market advantage. This growing emphasis on recyclability, material efficiency, and environmental stewardship is set to redefine the competitive landscape and foster long-term growth in the wind turbine composites market.

Segmental Insights

Fiber Type Insights

The Glass Fiber segment held the largest Market share in 2024. The glass fiber segment is a pivotal driver in the wind turbine composites market, propelled by its optimal balance of performance, cost-effectiveness, and adaptability. Glass fiber-reinforced polymers (GFRP) are extensively utilized in wind turbine blades due to their high strength-to-weight ratio, corrosion resistance, and durability, making them ideal for both onshore and offshore applications . The increasing demand for renewable energy has led to the development of larger wind turbines with longer blades, necessitating materials that can withstand greater mechanical stress while maintaining structural integrity . Glass fiber composites meet these requirements effectively, offering the necessary flexibility and strength for complex blade designs. Advancements in manufacturing technologies, such as vacuum infusion and automated fiber placement, have enhanced production efficiency and reduced costs, further boosting the adoption of glass fiber in wind turbine manufacturing .

Additionally, the affordability of glass fiber compared to alternatives like carbon fiber positions it as the preferred choice for large-scale wind energy projects, especially in emerging markets . The global push towards sustainable energy solutions, supported by favorable government policies and investments in wind energy infrastructure, continues to drive the growth of the glass fiber segment in the wind turbine composites market. Moreover, ongoing research into improving the recyclability of composite materials addresses environmental concerns, ensuring the long-term viability and sustainability of glass fiber usage in the wind energy sector .

Resin Insights

The Epoxy segment held the largest Market share in 2024. The epoxy segment in the wind turbine composites market is experiencing robust growth, driven by a confluence of technological advancements, environmental imperatives, and evolving industry requirements. Epoxy resins are favored for their superior mechanical properties, including high strength-to-weight ratio, fatigue resistance, and excellent adhesion to reinforcement fibers like glass and carbon. These attributes make them ideal for manufacturing critical wind turbine components such as blades, nacelles, and towers, where durability and performance are paramount. The global push towards renewable energy and carbon emissions reduction has led to increased investments in wind energy projects, further propelling the demand for epoxy-based composites. Technological innovations have enhanced epoxy resin formulations, resulting in improved mechanical performance and faster curing times, thereby increasing manufacturing efficiency.

Additionally, the trend towards larger and more efficient wind turbines necessitates materials that can withstand greater stresses and environmental conditions, a requirement well-met by epoxy composites. The development of bio-based and recyclable epoxy resins aligns with the industry's sustainability goals, addressing environmental concerns associated with traditional materials. Moreover, government incentives and policies promoting clean energy adoption have created a favorable regulatory environment, encouraging the use of advanced materials like epoxy resins in wind turbine manufacturing. As the wind energy sector continues to expand, particularly in offshore applications where conditions are more demanding, the reliance on high-performance epoxy composites is expected to intensify, solidifying their position as a critical component in the evolution of wind turbine technology.


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Regional Insights

The North America region held the largest market share in 2024. The North American wind turbine composites market is experiencing robust growth, propelled by a confluence of factors that underscore the region's commitment to renewable energy and technological advancement. Foremost among these is the escalating demand for clean energy sources, driven by both federal and state-level initiatives aimed at reducing carbon emissions and promoting sustainability. The United States, for instance, has implemented policies such as the Production Tax Credit (PTC) and the Investment Tax Credit (ITC), which have significantly incentivized investments in wind energy projects . These incentives have catalyzed the expansion of wind farms, particularly in states like Texas, Iowa, and Kansas, where wind power constitutes a substantial portion of electricity generation .

Concurrently, technological advancements in composite materials have revolutionized wind turbine design and efficiency. The adoption of lightweight, durable composites such as fiberglass and carbon fiber has enabled the construction of longer and more resilient turbine blades, enhancing energy capture and reducing maintenance costs . This is particularly pertinent for offshore wind projects, where turbines are subjected to harsh marine environments and require materials that can withstand such conditions . Moreover, the integration of advanced manufacturing processes has streamlined production and improved the scalability of composite components. The synergy between supportive governmental policies, technological innovation, and the pressing need for sustainable energy solutions positions the North American wind turbine composites market for sustained growth and development in the foreseeable future.

Emerging region:

South America is the emerging region in Wind Turbine Composites Market. The Wind Turbine Composites Market in South America is experiencing robust growth driven by a confluence of favorable factors. Brazil, the regional leader, boasts an installed wind capacity exceeding 20 GW, with projections to reach over 44 GW by 2028, positioning it among the top global producers of wind energy. This expansion is fueled by abundant wind resources, particularly in the northeastern states like Bahia and Piauí, and supported by substantial investments in infrastructure and technology. Argentina and Chile are also making significant strides, with Argentina's Patagonia region offering vast untapped wind potential and Chile's Horizonte Wind Farm project exemplifying large-scale renewable energy initiatives.

Government policies across the region, including tax incentives and renewable energy auctions, have created a conducive environment for wind energy development, attracting both domestic and international investors. Technological advancements in turbine design, such as larger rotor blades and improved materials, have enhanced efficiency and reduced costs, making wind energy more competitive with traditional fossil fuels. Additionally, the growing emphasis on sustainability and carbon footprint reduction has led to increased adoption of eco-friendly materials in turbine manufacturing, further propelling the demand for wind turbine composites. The region's commitment to achieving renewable energy targets and reducing dependence on fossil fuels underscores the strategic importance of wind energy in its energy mix, ensuring a promising outlook for the wind turbine composites market in South America.

Recent Developments

  • In October 2024, LM Wind Power successfully produced a 77-meter wind turbine blade featuring a carbon-Elium resin spar cap and an advanced adhesive solution developed by Bostik, a subsidiary of Arkema. Significantly, the blade incorporated recycled Elium® resin in its shear web, demonstrating the viability of a closed-loop recycling process for composite materials and reinforcing the company’s commitment to sustainable manufacturing.
  • In June 2023, Siemens Gamesa Renewable Energy introduced the SG 7.0-170 wind turbine, the latest model in its 5.X platform. Designed to deliver optimized performance in medium and high-wind conditions, this next-generation turbine reflects the company’s strategic focus on enhancing efficiency and energy output in diverse wind environments.
  • In 2024, Vestas collaborated with ArcelorMittal to introduce a low-emission steel solution for wind turbine towers. This initiative is part of Vestas’ broader sustainability efforts to reduce the carbon footprint of wind energy infrastructure. The new steel offering is expected to cut CO₂ emissions by up to 52% for onshore wind turbine towers, significantly advancing the company’s goal of promoting greener manufacturing practices and contributing to a more sustainable and circular wind energy value chain.
  • In February, 2025, TPI Composites achieved a major milestone by producing its 100,000th wind blade since beginning operations in 2001. This accomplishment underscores the company’s long-standing dedication to advancing the global wind energy sector through the manufacture of high-quality, durable composite blades. TPI’s continuous innovation and large-scale production capacity play a key role in supporting the renewable energy transition and meeting growing demand for sustainable energy solutions across international markets.

Key Market Players

  • LM Wind Power (GE Renewable Energy)
  • TPI Composites Inc.
  • Siemens Gamesa Renewable Energy
  • Vestas Wind Systems A/S
  • Suzlon Energy Limited
  • MFG Wind (Molded Fiber Glass Companies)
  • Hexcel Corporation
  • Toray Industries, Inc.
  • SGL Carbon SE
  • Teijin Limited

By Fiber Type

By Resin

By Manufacturing Process

By Application

By Region

  • Glass Fiber
  • Carbon Fiber
  • Epoxy
  • Polyester
  • Vinyl Ester
  • Vacuum Injection Molding
  • Prepreg
  • Hand Lay-Up
  • Blades
  • Nacelles
  • North America
  • Europe
  • Asia Pacific
  • South America
  • Middle East & Africa

Report Scope:

In this report, the Global Wind Turbine Composites Market has been segmented into the following categories, in addition to the industry trends which have also been detailed below:

  • Wind Turbine Composites Market, By Fiber Type:

o   Glass Fiber

o   Carbon Fiber  

  • Wind Turbine Composites Market, By Resin:

o   Epoxy

o   Polyester

o   Vinyl Ester  

  • Wind Turbine Composites Market, By Manufacturing Process:

o   Vacuum Injection Molding

o   Prepreg

o   Hand Lay-Up  

  •  Wind Turbine Composites Market, By Application:

o   Blades

o   Nacelles  

  • Wind Turbine Composites Market, By Region:

o   North America

§  United States

§  Canada

§  Mexico

o   Europe

§  France

§  United Kingdom

§  Italy

§  Germany

§  Spain

o   Asia-Pacific

§  China

§  India

§  Japan

§  Australia

§  South Korea

o   South America

§  Brazil

§  Argentina

§  Colombia

o   Middle East & Africa

§  South Africa

§  Saudi Arabia

§  UAE

§  Kuwait

§  Turkey

Competitive Landscape

Company Profiles: Detailed analysis of the major companies presents in the Global Wind Turbine Composites Market.

Available Customizations:

Global Wind Turbine Composites Market report with the given Market data, Tech Sci Research offers customizations according to a company's specific needs. The following customization options are available for the report:

Company Information

  • Detailed analysis and profiling of additional Market players (up to five).

Global Wind Turbine Composites Market is an upcoming report to be released soon. If you wish an early delivery of this report or want to confirm the date of release, please contact us at [email protected]  

Table of content

Table of content

1.    Product Overview

1.1.  Market Definition

1.2.  Scope of the Market

1.2.1.    Markets Covered

1.2.2.    Years Considered for Study

1.3.  Key Market Segmentations

2.    Research Methodology

2.1.  Objective of the Study

2.2.  Baseline Methodology

2.3.  Formulation of the Scope

2.4.  Assumptions and Limitations

2.5.  Sources of Research

2.5.1.    Secondary Research

2.5.2.    Primary Research

2.6.  Approach for the Market Study

2.6.1.    The Bottom-Up Approach

2.6.2.    The Top-Down Approach

2.7.  Methodology Followed for Calculation of Market Size & Market Shares

2.8.  Forecasting Methodology

2.8.1.    Data Triangulation & Validation

3.    Executive Summary

3.1.  Overview of the Market

3.2.  Overview of Key Market Segmentations

3.3.  Overview of Key Market Players

3.4.  Overview of Key Regions/Countries

3.5.  Overview of Market Drivers, Challenges, and Trends

4.    Voice of Customer

5.    Global Wind Turbine Composites Market Outlook

5.1.  Market Size & Forecast

5.1.1.    By Value

5.2.  Market Share & Forecast

5.2.1.    By Fiber Type (Glass Fiber, Carbon Fiber)

5.2.2.    By Resin (Epoxy, Polyester, Vinyl Ester)

5.2.3.    By Manufacturing Process (Vacuum Injection Molding, Prepreg, Hand Lay-Up)

5.2.4.    By Application (Blades, Nacelles)

5.2.5.    By Region

5.3.  By Company (2024)

5.4.  Market Map

6.    North America Wind Turbine Composites Market Outlook

6.1.  Market Size & Forecast  

6.1.1.    By Value

6.2.  Market Share & Forecast

6.2.1.    By Fiber Type

6.2.2.    By Resin

6.2.3.    By Manufacturing Process

6.2.4.    By Application

6.2.5.    By Country

6.3.  North America: Country Analysis

6.3.1.    United States Wind Turbine Composites Market Outlook

6.3.1.1.                Market Size & Forecast

6.3.1.1.1.            By Value

6.3.1.2.                Market Share & Forecast

6.3.1.2.1.            By Fiber Type

6.3.1.2.2.            By Resin

6.3.1.2.3.            By Manufacturing Process

6.3.1.2.4.            By Application

6.3.2.    Canada Wind Turbine Composites Market Outlook

6.3.2.1.                Market Size & Forecast

6.3.2.1.1.            By Value

6.3.2.2.                Market Share & Forecast

6.3.2.2.1.            By Fiber Type

6.3.2.2.2.            By Resin

6.3.2.2.3.            By Manufacturing Process

6.3.2.2.4.            By Application

6.3.3.    Mexico Wind Turbine Composites Market Outlook

6.3.3.1.                Market Size & Forecast

6.3.3.1.1.            By Value

6.3.3.2.                Market Share & Forecast

6.3.3.2.1.            By Fiber Type

6.3.3.2.2.            By Resin

6.3.3.2.3.            By Manufacturing Process

6.3.3.2.4.            By Application

7.    Europe Wind Turbine Composites Market Outlook

7.1.  Market Size & Forecast  

7.1.1.    By Value

7.2.  Market Share & Forecast

7.2.1.    By Fiber Type

7.2.2.    By Resin

7.2.3.    By Manufacturing Process

7.2.4.    By Application

7.2.5.    By Country

7.3.  Europe: Country Analysis

7.3.1.    Germany Wind Turbine Composites Market Outlook

7.3.1.1.                Market Size & Forecast

7.3.1.1.1.            By Value

7.3.1.2.                Market Share & Forecast

7.3.1.2.1.            By Fiber Type

7.3.1.2.2.            By Resin

7.3.1.2.3.            By Manufacturing Process

7.3.1.2.4.            By Application

7.3.2.    United Kingdom Wind Turbine Composites Market Outlook

7.3.2.1.                Market Size & Forecast

7.3.2.1.1.            By Value

7.3.2.2.                Market Share & Forecast

7.3.2.2.1.            By Fiber Type

7.3.2.2.2.            By Resin

7.3.2.2.3.            By Manufacturing Process

7.3.2.2.4.            By Application

7.3.3.    Italy Wind Turbine Composites Market Outlook

7.3.3.1.                Market Size & Forecast

7.3.3.1.1.            By Value

7.3.3.2.                Market Share & Forecast

7.3.3.2.1.            By Fiber Type

7.3.3.2.2.            By Resin

7.3.3.2.3.            By Manufacturing Process

7.3.3.2.4.            By Application

7.3.4.    France Wind Turbine Composites Market Outlook

7.3.4.1.                Market Size & Forecast

7.3.4.1.1.            By Value

7.3.4.2.                Market Share & Forecast

7.3.4.2.1.            By Fiber Type

7.3.4.2.2.            By Resin

7.3.4.2.3.            By Manufacturing Process

7.3.4.2.4.            By Application

7.3.5.    Spain Wind Turbine Composites Market Outlook

7.3.5.1.                Market Size & Forecast

7.3.5.1.1.            By Value

7.3.5.2.                Market Share & Forecast

7.3.5.2.1.            By Fiber Type

7.3.5.2.2.            By Resin

7.3.5.2.3.            By Manufacturing Process

7.3.5.2.4.            By Application

8.    Asia-Pacific Wind Turbine Composites Market Outlook

8.1.  Market Size & Forecast  

8.1.1.    By Value

8.2.  Market Share & Forecast

8.2.1.    By Fiber Type

8.2.2.    By Resin

8.2.3.    By Manufacturing Process

8.2.4.    By Application

8.2.5.    By Country

8.3.  Asia-Pacific: Country Analysis

8.3.1.    China Wind Turbine Composites Market Outlook

8.3.1.1.                Market Size & Forecast

8.3.1.1.1.            By Value

8.3.1.2.                Market Share & Forecast

8.3.1.2.1.            By Fiber Type

8.3.1.2.2.            By Resin

8.3.1.2.3.            By Manufacturing Process

8.3.1.2.4.            By Application

8.3.2.    India Wind Turbine Composites Market Outlook

8.3.2.1.                Market Size & Forecast

8.3.2.1.1.            By Value

8.3.2.2.                Market Share & Forecast

8.3.2.2.1.            By Fiber Type

8.3.2.2.2.            By Resin

8.3.2.2.3.            By Manufacturing Process

8.3.2.2.4.            By Application

8.3.3.    Japan Wind Turbine Composites Market Outlook

8.3.3.1.                Market Size & Forecast

8.3.3.1.1.            By Value

8.3.3.2.                Market Share & Forecast

8.3.3.2.1.            By Fiber Type

8.3.3.2.2.            By Resin

8.3.3.2.3.            By Manufacturing Process

8.3.3.2.4.            By Application

8.3.4.    South Korea Wind Turbine Composites Market Outlook

8.3.4.1.                Market Size & Forecast

8.3.4.1.1.            By Value

8.3.4.2.                Market Share & Forecast

8.3.4.2.1.            By Fiber Type

8.3.4.2.2.            By Resin

8.3.4.2.3.            By Manufacturing Process

8.3.4.2.4.            By Application

8.3.5.    Australia Wind Turbine Composites Market Outlook

8.3.5.1.                Market Size & Forecast

8.3.5.1.1.            By Value

8.3.5.2.                Market Share & Forecast

8.3.5.2.1.            By Fiber Type

8.3.5.2.2.            By Resin

8.3.5.2.3.            By Manufacturing Process

8.3.5.2.4.            By Application

9.    South America Wind Turbine Composites Market Outlook

9.1.  Market Size & Forecast  

9.1.1.    By Value

9.2.  Market Share & Forecast

9.2.1.    By Fiber Type

9.2.2.    By Resin

9.2.3.    By Manufacturing Process

9.2.4.    By Application

9.2.5.    By Country

9.3.  South America: Country Analysis

9.3.1.    Brazil Wind Turbine Composites Market Outlook

9.3.1.1.                Market Size & Forecast

9.3.1.1.1.            By Value

9.3.1.2.                Market Share & Forecast

9.3.1.2.1.            By Fiber Type

9.3.1.2.2.            By Resin

9.3.1.2.3.            By Manufacturing Process

9.3.1.2.4.            By Application

9.3.2.    Argentina Wind Turbine Composites Market Outlook

9.3.2.1.                Market Size & Forecast

9.3.2.1.1.            By Value

9.3.2.2.                Market Share & Forecast

9.3.2.2.1.            By Fiber Type

9.3.2.2.2.            By Resin

9.3.2.2.3.            By Manufacturing Process

9.3.2.2.4.            By Application

9.3.3.    Colombia Wind Turbine Composites Market Outlook

9.3.3.1.                Market Size & Forecast

9.3.3.1.1.            By Value

9.3.3.2.                Market Share & Forecast

9.3.3.2.1.            By Fiber Type

9.3.3.2.2.            By Resin

9.3.3.2.3.            By Manufacturing Process

9.3.3.2.4.            By Application

10.  Middle East and Africa Wind Turbine Composites Market Outlook

10.1.     Market Size & Forecast         

10.1.1. By Value

10.2.     Market Share & Forecast

10.2.1. By Fiber Type

10.2.2. By Resin

10.2.3. By Manufacturing Process

10.2.4. By Application

10.2.5. By Country

10.3.     Middle East and Africa: Country Analysis

10.3.1. South Africa Wind Turbine Composites Market Outlook

10.3.1.1.             Market Size & Forecast

10.3.1.1.1.         By Value

10.3.1.2.             Market Share & Forecast

10.3.1.2.1.         By Fiber Type

10.3.1.2.2.         By Resin

10.3.1.2.3.         By Manufacturing Process

10.3.1.2.4.         By Application

10.3.2. Saudi Arabia Wind Turbine Composites Market Outlook

10.3.2.1.             Market Size & Forecast

10.3.2.1.1.         By Value

10.3.2.2.             Market Share & Forecast

10.3.2.2.1.         By Fiber Type

10.3.2.2.2.         By Resin

10.3.2.2.3.         By Manufacturing Process

10.3.2.2.4.         By Application

10.3.3. UAE Wind Turbine Composites Market Outlook

10.3.3.1.             Market Size & Forecast

10.3.3.1.1.         By Value

10.3.3.2.             Market Share & Forecast

10.3.3.2.1.         By Fiber Type

10.3.3.2.2.         By Resin

10.3.3.2.3.         By Manufacturing Process

10.3.3.2.4.         By Application

10.3.4. Kuwait Wind Turbine Composites Market Outlook

10.3.4.1.             Market Size & Forecast

10.3.4.1.1.         By Value

10.3.4.2.             Market Share & Forecast

10.3.4.2.1.         By Fiber Type

10.3.4.2.2.         By Resin

10.3.4.2.3.         By Manufacturing Process

10.3.4.2.4.         By Application

10.3.5. Turkey Wind Turbine Composites Market Outlook

10.3.5.1.             Market Size & Forecast

10.3.5.1.1.         By Value

10.3.5.2.             Market Share & Forecast

10.3.5.2.1.         By Fiber Type

10.3.5.2.2.         By Resin

10.3.5.2.3.         By Manufacturing Process

10.3.5.2.4.         By Application

11.  Market Dynamics

11.1.     Drivers

11.2.     Challenges

12.  Market Trends & Developments

12.1.     Merger & Acquisition (If Any)

12.2.     Product Launches (If Any)

12.3.     Recent Developments

13.  Company Profiles

13.1.     LM Wind Power (GE Renewable Energy)

13.1.1. Business Overview

13.1.2. Key Revenue and Financials 

13.1.3. Recent Developments

13.1.4. Key Personnel/Key Contact Person

13.1.5. Key Product/Services Offered

13.2.     TPI Composites Inc.

13.3.     Siemens Gamesa Renewable Energy

13.4.     Vestas Wind Systems A/S

13.5.     Suzlon Energy Limited

13.6.     MFG Wind (Molded Fiber Glass Companies)

13.7.     Hexcel Corporation

13.8.     Toray Industries, Inc.

13.9.     SGL Carbon SE

13.10.   Teijin Limited

14.  Strategic Recommendations

15. About Us & Disclaimer

Figures and Tables

Frequently asked questions

Frequently asked questions

The Market size of the Global Wind Turbine Composites Market was USD 15.78 billion in 2024.

In 2024, the Glass Fiber segment dominated the market. The glass fiber segment in the wind turbine composites market is experiencing robust growth, driven by its exceptional strength-to-weight ratio, corrosion resistance, and cost-effectiveness. These properties make glass fiber-reinforced polymers (GFRP) ideal for manufacturing durable and lightweight wind turbine blades. As the demand for renewable energy escalates globally, GFRP's affordability and performance are propelling its widespread adoption in both onshore and offshore wind energy projects.

The Wind Turbine Composites Market faces challenges such as high production costs, supply chain complexities, and material durability concerns under harsh environmental conditions. Additionally, recycling difficulties and stringent regulatory standards hinder market growth, while technological advancements are required to improve composite efficiency and reduce maintenance expenses.

The Wind Turbine Composites Market is driven by the growing demand for lightweight, durable materials that enhance turbine efficiency and lifespan. Increasing global investments in renewable energy and stringent regulations to reduce carbon emissions further propel the adoption of advanced composite materials in wind turbine manufacturing.

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