Wind Turbine Composites Material Market reports and Global Analysis

 Wind Turbine Composites Material Market reports and Global Analysis

Wind Turbine Composites Material , Industry Analysis Report, Regional Outlook, Application Development, Growth Potential, Price Trends, Competitive Market Share & Forecast, 2025 ? 2035, Chem Reports

Global analysis of the Wind Turbine Composites Material Market including market trends, applications, and growth forecasts.

Pages: 188

Format: PDF

Date: 11-2025

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Market Overview 

The global Wind Turbine Composites Material market is projected to grow steadily from 2025 to 2035, driven by increasing adoption of renewable energy and advancements in lightweight, high-strength composite technologies. This report aims to provide a comprehensive understanding of the market, including its definition, segmentation, growth potential, prevailing trends, and existing challenges. Extensive research and analysis were conducted to ensure accurate and reliable insights, using data gathered from credible industry sources and validated by experts. The information is presented through clear charts, graphs, and visual representations to enhance understanding and support strategic decision-making for stakeholders, investors, and policymakers.

Segmentation of Wind Turbine Composites Material Market

1. By Type of Composite Material

a) Fiber Type

  • Glass Fiber Composites
  • Carbon Fiber Composites
  • Natural Fiber Composites (emerging)
  • Hybrid Fiber Composites

b) Resin Type

  • Epoxy Resin
  • Polyester Resin
  • Vinyl Ester Resin
  • Polyurethane Resin
  • Thermoplastic Resin

2. By Manufacturing Process

  • Hand Lay-Up
  • Resin Transfer Molding (RTM)
  • Prepreg Technology
  • Vacuum Infusion
  • Filament Winding
  • Pultrusion
  • Compression Molding

3. By Application

  • Blades (largest segment)
  • Nacelle Components
  • Spar Caps
  • Tower Sections (composite towers are emerging)
  • Hub and Rotor Components

4. By Turbine Type

  • Onshore Wind Turbines
  • Offshore Wind Turbines (fastest-growing segment)

5. By End User

  • Wind Farm Developers
  • OEM Turbine Manufacturers
  • Component Manufacturers
  • Repair & Retrofitting Companies

Key Players in the Global Wind Turbine Composites Material Market

Composite Material Manufacturers

  • Toray Industries Inc. – Leading supplier of carbon fiber composites.
  • Hexcel Corporation – Strong in advanced resins and carbon fiber prepregs.
  • Teijin Limited – Supplies high-strength fibers for wind blades.
  • Mitsubishi Chemical Corporation – Provides matrix resins and fiber products.
  • SGL Carbon – Specializes in carbon fiber and composite solutions.

Wind Blade & Component Manufacturers

  • LM Wind Power (GE Renewable Energy) – One of the largest blade manufacturers globally.
  • TPI Composites – Specializes in high-volume blade production.
  • Vestas Wind Systems – Manufactures blades and nacelle components in-house.
  • Siemens Gamesa Renewable Energy – Pioneer in offshore wind composite blade technology.
  • Nordex SE – Produces large-scale wind turbine blades integrating carbon/glass hybrids.

Resin & Chemical Providers

  • Huntsman Corporation – Resin systems for structural components.
  • Covestro AG – Polyurethane resin innovations.
  • BASF SE – Advanced epoxy systems for lightweight structures.
  • Arkema – Thermoplastic composite materials for recyclable blades.

Regional Analysis

1. North America

  • Strong demand driven by the U.S. renewable energy expansion.
  • Favorable federal & state incentives for wind installation.
  • Growing focus on offshore wind farms along the East Coast.
  • Local manufacturing of composite blades increasing to reduce import dependency.

2. Europe

  • Largest market for offshore wind composites.
  • Countries like Denmark, Germany, UK, and Netherlands lead in turbine installation.
  • Strong manufacturing base with advanced carbon fiber technologies.
  • Focus on recyclable blades using thermoplastic composites.

3. Asia-Pacific (Fastest Growing Region)

  • Massive wind energy investments in China and India.
  • China dominates blade manufacturing capacity globally.
  • Expanding offshore wind installations in Japan, South Korea, Taiwan.
  • Increased government support and local composite production.

4. Latin America

  • Moderate but rising adoption, mainly in Brazil, Chile, and Mexico.
  • Growing investments in onshore wind due to favorable geography.
  • Limited local composite manufacturing but increasing potential for expansion.

5. Middle East & Africa

  • Early-stage but emerging market.
  • Morocco, South Africa, UAE, and Egypt developing wind capacity.
  • Gradual rise in demand for composite blades for desert and coastal installations.

Market Drivers

1. Growing Global Shift Toward Renewable Energy

  • Governments worldwide are adopting renewable energy targets to reduce carbon emissions.
  • Wind power is one of the fastest-growing renewable sources, driving demand for lightweight and durable composite materials used in turbine blades.

2. Increasing Installation of Larger, High-Capacity Turbines

  • Modern turbines are shifting toward longer blades and higher MW capacity, especially in offshore wind.
  • These require high-performance composites such as carbon Fiber and advanced epoxy resins to maintain strength while minimizing weight.

3. Rapid Expansion of Offshore Wind Projects

  • Offshore turbines face harsher environmental loads; hence they require more robust composite systems.
  • Growth in offshore wind farms in Europe, China, and the U.S. is substantially increasing composite material consumption.

4. Advantages of Composites Over Traditional Materials

  • High strength-to-weight ratio
  • Corrosion resistance
  • Lower maintenance
  • Improved fatigue performance

These advantages make composites essential for maximizing turbine efficiency and lifespan.

5. Technological Advancements in Composite Manufacturing

  • Automated manufacturing (e.g., resin infusion automation, automated fiber placement).
  • New materials like thermoplastic composites, recyclable resins, and hybrid fiber systems.
  • These innovations reduce production time, improve blade reliability, and lower lifecycle costs.

6. Growing Investments by Wind Turbine OEMs

  • Key companies like Vestas, Siemens Gamesa, GE, and LM Wind Power continuously invest in advanced composite technologies.
  • Increased R&D funding supports new blade designs, longer rotor diameters, and enhanced structural performance.

7. Government Incentives & Policy Support

  • Tax credits, feed-in tariffs, renewable purchase obligations, and carbon reduction policies.
  • These accelerate wind turbine installation, boosting demand for composite materials used in manufacturing.

Market Restraints

1. High Cost of Advanced Composite Materials

  • Carbon fibers, specialty epoxy resins, and prepregs are significantly more expensive than steel or standard glass fiber.
  • High production cost restricts adoption in cost-sensitive onshore projects.

2. Complex and Time-Consuming Manufacturing Processes

  • Techniques like resin transfer molding (RTM), prepreg layup, and vacuum infusion require skilled labor and long cycle times.
  • Limited automation adds to manufacturing complexity and cost.

3. Challenges in Recycling Composite Materials

  • Traditional thermoset composites used in blades are difficult to recycle.
  • Disposal of retired blades (decommissioning issue) has become a major environmental concern.
  • This weakens the sustainability appeal of composites unless recyclable thermoplastics scale up.

4. Volatility in Raw Material Prices

  • Price fluctuations of carbon fiber, glass fiber, and resin chemicals directly affect production costs.
  • Supply chain disruptions can slow manufacturing and increase overall turbine costs.

5. Limited Availability of Skilled Workforce

  • Advanced composite manufacturing requires precision engineering, which faces talent shortages in many regions.
  • Training gaps can delay production and increase operational errors.

6. Mechanical Limitations in Extreme Conditions

  • Composite blades can experience micro-cracks, delamination, and fatigue under extreme weather or lightning strikes.
  • This creates maintenance challenges in offshore or high-wind regions.

7. High Initial Investment for Composite Manufacturing Facilities

  • Setting up a composite blade production plant requires significant capital for molds, automation, curing ovens, and testing equipment.
  • High CAPEX can limit new entrants.

Points Covered in The Report:
The points that are discussed within the report are the major market players that are involved in the market such as manufacturers, raw material suppliers, equipment suppliers, end users, traders, distributors and etc.
The complete profile of the companies is mentioned. And the capacity, production, price, revenue, cost, gross, gross margin, sales volume, sales revenue, consumption, growth rate, import, export, supply, future strategies, and the technological developments that they are making are also included within the report. The historical data from 2020 to 2024 and forecast data from 2025 to 2035.
The growth factors of the market is discussed in detail wherein the different end users of the market are explained in detail.
Data and information by manufacturer, by region, by type, by application and etc, and custom research can be added according to specific requirements.
The report contains the SWOT analysis of the market. Finally, the report contains the conclusion part where the opinions of the industrial experts are included.

Key Reasons to Purchase
To gain insightful analyses of the market and have comprehensive understanding of the global  market and its commercial landscape.
Assess the production processes, major issues, and solutions to mitigate the development risk.
To understand the most affecting driving and restraining forces in the market and its impact in the global market.
Learn about the market strategies that are being adopted by leading respective organizations.
To understand the future outlook and prospects for the market.
Besides the standard structure reports, we also provide custom research according to specific requirements.

Chapter 1 Industry Overview
1.1 Definition
1.2 Brief Introduction by Major Manufacturing Process
1.2.1 Vacuum Injection Molding
1.2.2 Prepreg
1.2.3 Hand Lay-Up
1.2.4
1.2.5
1.2.6
1.2.7
1.2.8
1.2.9
1.3 Brief Introduction by Major Application
1.3.1 Blades
1.3.2 Nacelles
1.3.3 Others
1.3.4
1.3.5
1.3.6
1.3.7
1.3.8
1.3.9
1.4 Brief Introduction by Major Regions
1.4.1 United States
1.4.2 Europe
1.4.3 China
1.4.4 Japan
1.4.5 India
1.5 Brief Introduction by Major Fiber Type
1.5.1 Glass Fiber
1.5.2 Carbon Fiber
1.5.3 Other Promising Fibers
1.5.4
1.5.5
1.5.6
1.5.7
1.5.8
1.5.9
1.6 Brief Introduction by Major Resin Type
1.6.1 Epoxy Resin
1.6.2 Polyester Resin
1.6.3 Vinylester Resin
1.6.4 Other Resins
1.6.5
1.6.6
1.6.7
1.6.8
1.6.9
1.7 Brief Introduction by Major
1.7.1
1.7.2
1.7.3
1.7.4
1.7.5
1.7.6
1.7.7
1.7.8
1.7.9
1.8 Brief Introduction by Major
1.8.1
1.8.2
1.8.3
1.8.4
1.8.5
1.8.6
1.8.7
1.8.8
1.8.9
Chapter 2 Production Market Analysis
2.1 Global Production Market Analysis
2.1.1  Global Capacity, Production, Capacity Utilization Rate, Ex-Factory Price, Revenue, Cost, Gross and Gross Margin Analysis
2.1.2  Major Manufacturers Performance and Market Share
2.2 Regional Production Market Analysis
2.2.1  Regional Market Performance and Market Share
2.2.2 United States Market
2.2.3 Europe Market
2.2.4 China Market
2.2.5 Japan Market
2.2.6 India Market
2.2.7  Market
Chapter 3 Sales Market Analysis
3.1 Global Sales Market Analysis
3.1.1  Global Sales Volume, Sales Price and Sales Revenue Analysis
3.1.2  Major Manufacturers Performance and Market Share
3.2 Regional Sales Market Analysis
3.2.1  Regional Market Performance and Market Share
3.2.2 United States Market
3.2.3 Europe Market
3.2.4 China Market
3.2.5 Japan Market
3.2.6 India Market
3.2.7  Market
Chapter 4 Consumption Market Analysis
4.1 Global Consumption Market Analysis
4.1.1  Global Consumption Volume Analysis
4.2 Regional Consumption Market Analysis
4.2.1  Regional Market Performance and Market Share
4.2.2 United States Market
4.2.3 Europe Market
4.2.4 China Market
4.2.5 Japan Market
4.2.6 India Market
4.2.7  Market
Chapter 5 Production, Sales and Consumption Market Comparison Analysis
5.1 Global Production, Sales and Consumption Market Comparison Analysis
5.2 Regional Production, Sales Volume and Consumption Volume Market Comparison Analysis
5.2.1 United States
5.2.2 Europe
5.2.3 China
5.2.4 Japan
5.2.5 India
5.2.6
Chapter 6 Major Manufacturers Production and Sales Market Comparison Analysis
6.1 Global Major Manufacturers Production and Sales Market Comparison Analysis
6.1.1  Global Major Manufacturers Production and Sales Market Comparison
6.2 Regional Major Manufacturers Production and Sales Market Comparison Analysis
6.2.1 United States
6.2.2 Europe
6.2.3 China
6.2.4 Japan
6.2.5 India
6.2.6
Chapter 7 Major Manufacturing Process Analysis
7.1  Major Manufacturing Process Market Share
7.2 Vacuum Injection Molding
7.3 Prepreg
7.4 Hand Lay-Up
7.5
7.6
7.7
7.8
7.9
7.10
Chapter 8 Major ApplicationAnalysis
8.1  Major Application Market Share
8.2 Blades
8.2.1  Sales Analysis
8.3 Nacelles
8.3.1  Sales Analysis
8.4 Others
8.4.1  Sales Analysis
8.5
8.5.1  Sales Analysis
8.6
8.6.1  Sales Analysis
8.7
8.7.1  Sales Analysis
8.8
8.8.1  Sales Analysis
8.9
8.9.1  Sales Analysis
8.10
8.11.1  Sales Analysis
Chapter 9 Industry Chain Analysis
9.1 Up Stream Industries Analysis
9.1.1 Raw Material and Suppliers
9.1.2 Equipment and Suppliers
9.2 Manufacturing Analysis
9.2.1 Manufacturing Process
9.2.2 Manufacturing Cost Structure
9.2.3 Manufacturing Plants Distribution Analysis
9.3 Industry Chain Structure Analysis
Chapter 10 Global and Regional Market Forecast
10.1 Production Market Forecast
10.1.1 Global Market Forecast
10.1.2 Major Region Forecast
10.2 Sales Market Forecast
10.2.1 Global Market Forecast
10.2.2 Major Classification Forecast
10.3 Consumption Market Forecast
10.3.1 Global Market Forecast
10.3.2 Major Region Forecast
10.3.3 Major Application Forecast
Chapter 11 Major Manufacturers Analysis
11.1 LM Wind Power
11.1.1 Company Introduction
11.1.2 Product Specification and Major Types Analysis
11.1.3  Production Market Performance
11.1.4  Sales Market Performance
11.1.5 Contact Information
11.2 Avic Huiteng Wind Power Equipment Company Limited
11.2.1 Company Introduction
11.2.2 Product Specification and Major Types Analysis
11.2.3  Production Market Performance
11.2.4  Sales Market Performance
11.2.5 Contact Information
11.3 Vestas Wind Systems A/S
11.3.1 Company Introduction
11.3.2 Product Specification and Major Types Analysis
11.3.3  Production Market Performance
11.3.4  Sales Market Performance
11.3.5 Contact Information
11.4 Gamesa Corporation Technology
11.4.1 Company Introduction
11.4.2 Product Specification and Major Types Analysis
11.4.3  Production Market Performance
11.4.4  Sales Market Performance
11.4.5 Contact Information
11.5 TPI Composites, Inc.
11.5.1 Company Introduction
11.5.2 Product Specification and Major Types Analysis
11.5.3  Production Market Performance
11.5.4  Sales Market Performance
11.5.5 Contact Information
11.6 Suzlon Energy Limited
11.6.1 Company Introduction
11.6.2 Product Specification and Major Types Analysis
11.6.3  Production Market Performance
11.6.4  Sales Market Performance
11.6.5 Contact Information
11.7 AREVA
11.7.1 Company Introduction
11.7.2 Product Specification and Major Types Analysis
11.7.3  Production Market Performance
11.7.4  Sales Market Performance
11.7.5 Contact Information
11.8 Siemens AG
11.8.1 Company Introduction
11.8.2 Product Specification and Major Types Analysis
11.8.3  Production Market Performance
11.8.4  Sales Market Performance
11.8.5 Contact Information
11.9 Lianyungang Zhongfu Lianzhong Composites Group Co., Ltd
11.9.1 Company Introduction
11.9.2 Product Specification and Major Types Analysis
11.9.3  Production Market Performance
11.9.4  Sales Market Performance
11.9.5 Contact Information
11.10 Mfg Wind
11.10.1 Company Introduction
11.10.2 Product Specification and Major Types Analysis
11.10.3  Production Market Performance
11.10.4  Sales Market Performance
11.10.5 Contact Information
11.11 Nordex Se
11.11.1 Company Introduction
11.11.2 Product Specification and Major Types Analysis
11.11.3  Production Market Performance
11.11.4  Sales Market Performance
11.11.5 Contact Information
11.12 Kemrock Industries and Exports Limited
11.12.1 Company Introduction
11.12.2 Product Specification and Major Types Analysis
11.12.3  Production Market Performance
11.12.4  Sales Market Performance
11.12.5 Contact Information
11.13 Enercon GmbH
11.13.1 Company Introduction
11.13.2 Product Specification and Major Types Analysis
11.13.3  Production Market Performance
11.13.4  Sales Market Performance
11.13.5 Contact Information
11.14 Senvion
11.14.1 Company Introduction
11.14.2 Product Specification and Major Types Analysis
11.14.3  Production Market Performance
11.14.4  Sales Market Performance
11.14.5 Contact Information
11.15 United Power
11.15.1 Company Introduction
11.15.2 Product Specification and Major Types Analysis
11.15.3  Production Market Performance
11.15.4  Sales Market Performance
11.15.5 Contact Information
11.16
11.16.1 Company Introduction
11.16.2 Product Specification and Major Types Analysis
11.16.3  Production Market Performance
11.16.4  Sales Market Performance
11.16.5 Contact Information
11.17
11.17.1 Company Introduction
11.17.2 Product Specification and Major Types Analysis
11.17.3  Production Market Performance
11.17.4  Sales Market Performance
11.17.5 Contact Information
11.18
11.18.1 Company Introduction
11.18.2 Product Specification and Major Types Analysis
11.18.3  Production Market Performance
11.18.4  Sales Market Performance
11.18.5 Contact Information
11.19
11.19.1 Company Introduction
11.19.2 Product Specification and Major Types Analysis
11.19.3  Production Market Performance
11.19.4  Sales Market Performance
11.19.5 Contact Information
11.20
11.20.1 Company Introduction
11.20.2 Product Specification and Major Types Analysis
11.20.3  Production Market Performance
11.20.4  Sales Market Performance
11.20.5 Contact Information
11.21

11.21.1 Company Introduction
11.21.2 Product Specification and Major Types Analysis
11.21.3  Production Market Performance
11.21.4  Sales Market Performance
11.21.5 Contact Information
11.22

11.22.1 Company Introduction
11.22.2 Product Specification and Major Types Analysis
11.22.3  Production Market Performance
11.22.4  Sales Market Performance
11.22.5 Contact Information
11.23

11.23.1 Company Introduction
11.23.2 Product Specification and Major Types Analysis
11.23.3  Production Market Performance
11.23.4  Sales Market Performance
11.23.5 Contact Information
11.24

11.24.1 Company Introduction
11.24.2 Product Specification and Major Types Analysis
11.24.3  Production Market Performance
11.24.4  Sales Market Performance
11.24.5 Contact Information
11.25

11.25.1 Company Introduction
11.25.2 Product Specification and Major Types Analysis
11.25.3  Production Market Performance
11.25.4  Sales Market Performance
11.25.5 Contact Information
11.26

11.26.1 Company Introduction
11.26.2 Product Specification and Major Types Analysis
11.26.3  Production Market Performance
11.26.4  Sales Market Performance
11.26.5 Contact Information
11.27

11.27.1 Company Introduction
11.27.2 Product Specification and Major Types Analysis
11.27.3  Production Market Performance
11.27.4  Sales Market Performance
11.27.5 Contact Information
11.28

11.28.1 Company Introduction
11.28.2 Product Specification and Major Types Analysis
11.28.3  Production Market Performance
11.28.4  Sales Market Performance
11.28.5 Contact Information
11.29

11.29.1 Company Introduction
11.29.2 Product Specification and Major Types Analysis
11.29.3  Production Market Performance
11.29.4  Sales Market Performance
11.29.5 Contact Information
11.30

11.30.1 Company Introduction
11.30.2 Product Specification and Major Types Analysis
11.30.3  Production Market Performance
11.30.4  Sales Market Performance
11.30.5 Contact Information
11.31

11.31.1 Company Introduction
11.31.2 Product Specification and Major Types Analysis
11.31.3  Production Market Performance
11.31.4  Sales Market Performance
11.31.5 Contact Information
11.32

11.32.1 Company Introduction
11.32.2 Product Specification and Major Types Analysis
11.32.3  Production Market Performance
11.32.4  Sales Market Performance
11.32.5 Contact Information
11.33

11.33.1 Company Introduction
11.33.2 Product Specification and Major Types Analysis
11.33.3  Production Market Performance
11.33.4  Sales Market Performance
11.33.5 Contact Information
11.34

11.34.1 Company Introduction
11.34.2 Product Specification and Major Types Analysis
11.34.3  Production Market Performance
11.34.4  Sales Market Performance
11.34.5 Contact Information
11.35

11.35.1 Company Introduction
11.35.2 Product Specification and Major Types Analysis
11.35.3  Production Market Performance
11.35.4  Sales Market Performance
11.35.5 Contact Information
11.36

11.36.1 Company Introduction
11.36.2 Product Specification and Major Types Analysis
11.36.3  Production Market Performance
11.36.4  Sales Market Performance
11.36.5 Contact Information
11.37

11.37.1 Company Introduction
11.37.2 Product Specification and Major Types Analysis
11.37.3  Production Market Performance
11.37.4  Sales Market Performance
11.37.5 Contact Information
11.38

11.38.1 Company Introduction
11.38.2 Product Specification and Major Types Analysis
11.38.3  Production Market Performance
11.38.4  Sales Market Performance
11.38.5 Contact Information
11.39

11.39.1 Company Introduction
11.39.2 Product Specification and Major Types Analysis
11.39.3  Production Market Performance
11.39.4  Sales Market Performance
11.39.5 Contact Information
11.40

11.40.1 Company Introduction
11.40.2 Product Specification and Major Types Analysis
11.40.3  Production Market Performance
11.40.4  Sales Market Performance
11.40.5 Contact Information
Chapter 12 New Project Investment Feasibility Analysis
12.1 New Project SWOT Analysis
12.2 New Project Investment Feasibility Analysis
Chapter 13 Conclusions
Chapter 14 Appendix
Author List
Disclosure Section
Research Methodology
Data Source
Interview List
Global Disclaimer

Segmentation of Wind Turbine Composites Material Market

1. By Type of Composite Material

a) Fiber Type

  • Glass Fiber Composites
  • Carbon Fiber Composites
  • Natural Fiber Composites (emerging)
  • Hybrid Fiber Composites

b) Resin Type

  • Epoxy Resin
  • Polyester Resin
  • Vinyl Ester Resin
  • Polyurethane Resin
  • Thermoplastic Resin

2. By Manufacturing Process

  • Hand Lay-Up
  • Resin Transfer Molding (RTM)
  • Prepreg Technology
  • Vacuum Infusion
  • Filament Winding
  • Pultrusion
  • Compression Molding

3. By Application

  • Blades (largest segment)
  • Nacelle Components
  • Spar Caps
  • Tower Sections (composite towers are emerging)
  • Hub and Rotor Components

4. By Turbine Type

  • Onshore Wind Turbines
  • Offshore Wind Turbines (fastest-growing segment)

5. By End User

  • Wind Farm Developers
  • OEM Turbine Manufacturers
  • Component Manufacturers
  • Repair & Retrofitting Companies

Key Players in the Global Wind Turbine Composites Material Market

Composite Material Manufacturers

  • Toray Industries Inc. 
  • Hexcel Corporation
  • Teijin Limited
  • Mitsubishi Chemical Corporation 
  • SGL Carbon 

Wind Blade & Component Manufacturers

  • LM Wind Power (GE Renewable Energy) 
  • TPI Composites 
  • Vestas Wind Systems 
  • Siemens Gamesa Renewable Energy 
  • Nordex SE 

Resin & Chemical Providers

  • Huntsman Corporation 
  • Covestro AG 
  • BASF SE 
  • Arkema 

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