Wind Blade Composites Market 2025 – Market Size & Segments Analysis, Industry Trends, Manufacturers Analysis, Opportunities and Forecast 2035
Page: 215 | Report Code: EP250619 | Research Suite: Report (PDF) & Market Data (Excel)
Wind blade composites are a type of engineered
materials, mainly fiber-reinforced polymers (FRPs), that make up the structural
component of modern wind turbine blades. These resources are essential for
effectively and economically utilizing wind energy. The main purpose of these composites is to endure the
heavy loads and harsh environments that wind turbine blades encounter during
their operational lifespan.
MARKET OVERVIEW
The wind blade composite market is valued at approximately USD 12.02 billion in 2024 and is projected to reach USD 36.05 billion by 2035 exhibiting a compound annual growth rate (CAGR) of 10.5% during the forecast period of 2025-2035. They provide the necessary strength, durability, and efficiency for capturing wind energy.
GROWTH DRIVERS
The market for wind blade composites is primarily
driven by the growing need for renewable energy on a global scale. The
transition to a cleaner energy supply is essential, and wind energy plays a
significant role in this effort. Wind energy is becoming a crucial component of
energy as countries worldwide strive to meet climate goals and reduce reliance
on fossil fuels. The use of sustainable energy sources is boosting the demand
for wind turbine blades, which are mainly made of composite materials.
The advancements in composite materials technology are
another significant factor driving market expansion. Innovations in materials
science have facilitated the development of lighter, stronger, and more durable
materials, which greatly enhance their performance and efficiency of wind
turbines. For instance, carbon fiber reinforced polymers (CFRP) can enhance the
durability and reduce the weight of turbine blades, thereby increasing energy
output. These advancements allow the creation of more complex and aerodynamic
blade shapes, which often enhances energy capture and overall efficiency.
MARKET
SEGMENTATION:
By Fiber Type -
·
Carbon Fiber
·
Glass Fiber
·
Other Fiber Types
By Resin Type -
·
Epoxy
·
Polyurethane
·
Others
By Blade Size –
·
Up to 50 Meters
·
Above 50 Meters
By Application
–
·
Onshore Wind Turbine
·
Offshore Wind Turbine
By Region -
·
North America
·
Europe
·
Asia Pacific
·
Latin America
·
Middle East & Africa
Wind Blade
Composites Market By Fiber Type Segment Review:
In 2025, glass fiber segment is anticipated to hold the largest share of the market due to its cost-effectiveness and optimal combination of strength and durability. Their high tensile strength and stiffness enable the creation of blades to withstand the massive forces of wind, ensuring the longevity and performance of wind turbines.
Wind Blade
Composites Market By Resin Type Segment Review:
The market is anticipated to dominate
by epoxy resin segment due to its exceptional mechanical strength and adhesive properties.
Epoxy resins act as the integral matrix material that efficiently bonds
reinforcing fibers like glass or carbon fibers to ensure structural integrity
and excellent load transfer throughout the blade.
Wind Blade
Composites Market By Blade Size Segment Review:
In 2025, up to 50 meters segment is anticipated to hold
the largest share of the market as it is extensively used in a wide range of
applications in industries. This expansion is fuelled by the industry's focus on
improving energy efficiency and the necessity of optimizing wind turbine power
production.
Wind Blade
Composites Market By Application Segment Review:
The irregular
edges segment is significantly influencing
the market for wind blade composite. Irregular-edged
teeth are typically caused by trauma, wear and tear, and poor dental hygiene.
The market demand for segment is primarily growing due to the increasing prevalence of dental
caries and tooth decay, and growing awareness about oral health and aesthetics.
Wind Blade
Composites Market By End User Segment Review:
Offshore wind turbines segment is expected to register
highest CAGR in wind blade composites market during forecast period (2025-2035)
due to the increasing demand for renewable energy and technological
advancements in composite materials.
Wind Blade
Composites Market By Region Segment Review:
The wind blade composites market exhibits significant
regional variations, with North America leading the market in 2024 due to the
federal and state-level incentives, tax credits, and the increasing demand for
renewable energy.
Wind Blade
Composites Regional Synopsis:
North America is anticipated to dominate the global
market due to the increasing demand for renewable energy, advancements in
composite materials technology, federal support and incentives for wind energy,
increasing length of wind turbine blades, and government initiatives.
Europe is another crucial market, driven by the strong
focus on sustainability and ambitious renewable energy targets.
The market in Asia Pacific is expected to witness rapid
growth rate due to the rapid industrialization, strong government support, and
technological advancements.
In Latin America, the market is poised for steady
growth, driven by the government support and policy frameworks, declining costs
of wind turbine technology, and energy security and sustainability concerns.
The market in the Middle East and Africa region is witnessing growth in the wind blade composite market due to increasing investments in renewable energy, supportive government policies and incentives, rising demand for lightweight and durable materials, technological advancements, and the development of offshore wind farms.
Wind Blade
Composites Key Challenges:
The manufacturing of composite
materials and structures, particularly for large wind turbine blades, is a
complicated process that necessitates the use of specialized equipment, expertise,
and infrastructure, which drives up cost.
Wind Blade
Composites Market Competitive Landscape:
The global wind blade composite is characterized by a several
established players, each striving to enhance their market presence through various
strategies such as product launches, mergers and acquisitions, strategic
partnerships, and geographical expansions.
The primary strategies involve
technological innovation and product development. Companies are making
significant investments in research and development to produce cutting-edge
composite materials that extend the lifespan, performance, and efficiency of
wind turbine blades. This includes the production of materials like carbon
fiber and hybrid composites, which blend natural and synthetic fibers, that are
stronger, lighter, and more resilient.
Wind Blade
Composites Market Key Players:
·
Toray Industries, Inc
·
Teijin Limited
·
China Jushi Co., Ltd.
·
China National Building Material Group
·
Dow
·
SGL Carbon
·
Hexcel Corporation
·
Gurit Services AG
·
Rochling
·
Exel Composites
·
Evonik
· Other Key & Niche Players