ABSTRACT
About Wind Turbine Composite Materials

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.

Technavio’s analysts forecast the global wind turbine composite materials market to grow at a CAGR of 7.12% during the period 2017-2021.


Covered in this Report
The report covers the present scenario and the growth prospects of the global wind turbine composite materials market for 2017-2021. To calculate the market size, the report presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources.

The market is divided into the following segments based on geography:

  • Americas
  • APAC
  • EMEA



Technavio’s report, Global Wind Turbine Composite Materials Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.


Key Vendors

  • Cytec Solvay Group
  • Gurit
  • Teijin
  • Toray
  • TPI Composites




Other Prominent Vendors

  • Axiom Materials
  • HC Composite
  • Hexcel
  • Molded Fiber Glass Companies
  • SGL Group
  • TenCate
  • Vestas




Market Driver

  • Increasing demand for composite materials for varied blade sizes.
  • For a full, detailed list, view our report




Market Challenge

  • High costs incurred during production of composites.
  • For a full, detailed list, view our report




Market Trend

  • Nanotechnology-based composites.
  • For a full, detailed list, view our report




Key Questions Answered in this Report

  • What will the market size be in 2021 and what will the growth rate be?
  • What are the key market trends?
  • What is driving this market?
  • What are the challenges to market growth?
  • Who are the key vendors in this market space?
  • What are the market opportunities and threats faced by the key vendors?
  • What are the strengths and weaknesses of the key vendors?




You can request one free hour of our analyst’s time when you purchase this market report. Details are provided within the report.




Methodology
Research methodology is based on extensive primary and secondary research. Primary research includes in-depth interviews with industry experts, vendors, resellers and customers. Secondary research includes Technavio Platform, industry publications, company reports, news articles, analyst reports, trade associations and the data published by Government agencies.