風力ブレード用複合材料市場 – 2030年までの世界予測

Wind Blade Composites Market - Global Forecast to 2030

風力ブレード用複合材料市場 - 繊維の種類(ガラス繊維、炭素繊維、その他の繊維)、樹脂の種類(エポキシ、ポリウレタン、その他の樹脂)、ブレードサイズ(最大50メートル、50メートル超)、用途(陸上、海上)、および地域別 - 2030年までの世界予測
Wind Blade Composites Market by Fiber Type (Glass Fiber, Carbon Fiber, Other Fiber Types), Resin Type (Epoxy, Polyurethane, Other Resin Types), Blade Size (Up to 50 Meters, Over 50 Meters), Application (Onshore, Offshore), and Region - Global Forecast to 2030

商品番号 : SMB-80266

出版社MarketsandMarkets
出版年月2025年6月
ページ数250
図表数283
価格タイプシングルユーザライセンス
価格USD 4,950
種別英文調査報告書

本調査レポートは、風力ブレード用複合材市場を、繊維の種類(ガラス繊維、炭素繊維、その他)、樹脂の種類(エポキシ樹脂、ポリウレタン、その他)、ブレードサイズ(50メートル以下、50メートル超)、用途(陸上風力タービン、洋上風力タービン)、地域(北米、欧州、アジア太平洋、中東・アフリカ、南米)に基づいて分類しています。レポートでは、風力ブレード複合材市場の成長に影響を与える主要要因(推進要因、制約要因、課題、機会など)に関する詳細な情報を提供しています。主要業界プレーヤーを徹底的に調査し、事業概要、ソリューションとサービス、主要戦略、そして風力ブレード用複合材市場の最新動向に関する洞察を提供しています。本レポートには、風力ブレード用複合材市場のエコシステムにおける新興企業の競合分析も含まれています。

The wind blade composites market is estimated to be valued at USD 13.28 billion in 2025 and reach USD 21.87 billion by 2030, at a CAGR of 10.5% from 2025 to 2030. The demand for carbon fiber within the wind blade composites sector is experiencing significant growth, primarily driven by the increasing requirements for larger, more efficient wind turbines. Carbon fiber provides a superior strength-to-weight ratio compared to conventional materials, facilitating the production of longer, lighter, and stiffer blades. These attributes are critical for optimizing the energy output of turbines, particularly in offshore applications where maximizing performance is essential to mitigate high infrastructure costs. Additionally, carbon fiber enhances the fatigue resistance and longevity of blades, reducing maintenance requirements and extending their operational life. As global initiatives to promote renewable energy and decrease carbon emissions gain momentum, the expansion of wind energy installations is accelerating, further propelling the adoption of advanced materials, such as carbon fiber, in blade manufacturing.

風力ブレード用複合材市場は、2025年に132億8,000万米ドル、2030年には218億7,000万米ドルに達すると推定されており、2025年から2030年にかけて年平均成長率(CAGR)10.5%で成長します。風力ブレード複合材セクターにおける炭素繊維の需要は、主に大型で効率的な風力タービンに対する需要の高まりに牽引され、大幅な成長を遂げています。炭素繊維は従来の材料と比較して優れた強度対重量比を備えており、より長く、軽量で、剛性の高いブレードの製造を可能にします。これらの特性はタービンのエネルギー出力を最適化するために重要であり、特にインフラの高額なコストを抑えるために性能の最大化が不可欠な洋上用途においては重要です。さらに、炭素繊維はブレードの耐疲労性と寿命を向上させるため、メンテナンスの必要性が減り、ブレードの稼働寿命が延びます。再生可能エネルギーを推進し、炭素排出量を削減する世界的な取り組みが勢いを増すにつれ、風力エネルギー設備の拡張が加速し、ブレード製造における炭素繊維などの先進材料の採用がさらに促進されています。

風力ブレード用複合材料市場 - 2030年までの世界予測
wind-blade-composites-market-Overview

“Polyurethane resin to be second fastest-growing resin type segment during forecast period”

The demand for polyurethane resin is primarily driven by its exceptional mechanical properties, cost efficiency, and improved manufacturing productivity. Compared to conventional resins, polyurethane resin offers superior mechanical strength and enhanced fatigue resistance, making it an optimal choice for the production of durable yet lightweight wind turbine blades. Its low viscosity facilitates accelerated infusion rates during the manufacturing process, leading to a significant reduction in production cycle times and an overall increase in productivity. Additionally, the cost-effectiveness of these resins allows manufacturers to produce high-quality blades at reduced costs, which is essential for the wind energy sector as it moves towards achieving cost parity with traditional energy sources.

“Wind blades up to 50 meters length to be second-fastest-growing blade size segment during forecast period”

Wind blades measuring up to 50 meters are projected to be the second-fastest growing segment in the wind blade composites market, largely attributed to their prevalent application in onshore wind farms, particularly in developing regions and areas with lower wind capacity. These shorter blades offer a more cost-efficient for manufacturing, transportation, and installation, rendering them ideal for markets characterized by limited infrastructure or smaller-scale wind energy initiatives. Furthermore, a significant proportion of older wind turbines, still operational and undergoing replacement or upgrades, were originally engineered to support blades of this size. Policy frameworks and investments in renewable energy—especially within emerging markets such as the Asia-Pacific region—further bolster the deployment of smaller turbines, thereby enhancing the uptake of these blades.

“Onshore wind turbines to be second-fastest growing application segment during forecast period”

Onshore wind turbines are anticipated to exhibit the second-highest growth rate within the overall wind blade composites market, driven by their extensive adoption, cost efficiency, and simpler installation processes compared to offshore counterparts. Onshore wind projects typically have shorter development timelines and lower costs, facilitating large-scale deployments across various regions, particularly in nations with abundant land resources and proactive renewable energy policies. Consequently, the demand for composite materials utilized in wind blade manufacturing has markedly increased for onshore applications. Recent advancements in composite technology have led to the production of longer, lighter, and more resilient blades specifically designed to meet the requirements of onshore turbines.

風力ブレード用複合材料市場 - 2030年までの世界予測 region
wind-blade-composites-market-Region

“Europe to register second-highest growth rate in wind blade composites market during forecast period”

Europe is anticipated to rank as the second-fastest-growing region in the wind blade composites market throughout the forecast period. This growth can be attributed to a robust commitment to renewable energy, ambitious climate objectives, and a well-established wind energy infrastructure. The European Union has instituted stringent targets to reduce carbon emissions and enhance the share of renewables in its energy portfolio, with wind power as a pivotal component. Key players, including Germany, Denmark, and the Netherlands, are making significant investments in both onshore and offshore wind initiatives, thereby driving the demand for high-performance, lightweight, and durable composite materials for turbine blades. Furthermore, the region’s advanced manufacturing capabilities, coupled with ongoing technological innovations in materials science and favorable regulatory environments, are essential factors propelling the swift expansion of the wind blade composites market. Additionally, the modernization of older wind farms through the integration of cutting-edge, more efficient blades crafted from advanced composites further stimulates market growth in the region.

This study has been validated through interviews with industry experts globally. The primary sources have been divided into the following three categories:

  • By Company Type: Tier 1 – 60%, Tier 2 – 20%, and Tier 3 – 20%
  • By Designation: C-level – 33%, Director-level – 33%, and Managers – 34%
  • By Region: North America – 20%, Europe – 25%, Asia Pacific – 25%, Middle East & Africa – 20%, and South America – 10%

Report provides a comprehensive analysis of the following companies:

China Jushi Co., Ltd. (China), DowAksa (Turkey), Teijin Limited (Japan), SGL Carbon (Germany), Hexcel Corporation (US), Gurit Services AG (Switzerland), China National Building Material Group Corporation (China), Toray Industries, Inc. (Japan), Rochling (Germany), Exel Composites (Finland), Evonik (Germany), Arkema (France), Owens Corning (US), Exxon Mobil (US), and Huntsman (US).

風力ブレード用複合材料市場 - 2030年までの世界予測 ecosystem
wind-blade-composites-market-Ecosystem

Research Coverage

This research report categorizes the wind blade composites market based on fiber type (glass fiber, carbon fiber, and other fiber types), resin type (epoxy, polyurethane, and other resin types), blade size (up to 50 meters and over 50 meters), application (onshore wind turbines and offshore wind turbines), and region (North America, Europe, Asia Pacific, Middle East & Africa, and South America). The scope of the report includes detailed information about the major factors influencing the growth of the wind blade composites market, such as drivers, restraints, challenges, and opportunities. A thorough examination of the key industry players has been conducted to provide insights into their business overviews, solutions and services, key strategies, and recent developments in the wind blade composites market are all covered. This report includes a competitive analysis of the upcoming startups in the wind blade composites market ecosystem.

Reasons to Buy this Report

The report will help the market leaders/new entrants in this market with information on the closest approximations of the revenue numbers for the overall wind blade composites market and the subsegments. This report will help stakeholders understand the competitive landscape and gain more insights to position their businesses better and plan suitable go-to-market strategies. The report also helps stakeholders understand the market pulse and provides information on key market drivers, restraints, challenges, and opportunities.

The report provides insights on the following pointers:

  • Analysis of key drivers (Rising new installations of wind turbines, Increasing turbine size), restraints (High raw material costs, Limited blade recycling technology), opportunities (Development of recyclable resin, Increasing offshore wind turbine installations), and challenges (Geopolitical instability, High capital investments) influencing the growth of the wind blade composites market.
  • Product Development/Innovation: Detailed insights into upcoming technologies, research & development activities, and product launches in the wind blade composites market.
  • Market Development: Comprehensive information about lucrative markets – the report analyzes the wind blade composites market across varied regions.
  • Market Diversification: Exhaustive information about services, untapped geographies, recent developments, and investments in the wind blade composites market.
  • Competitive Assessment: In-depth assessment of market shares, growth strategies, and offerings of leading players such as China Jushi Co., Ltd. (China), DowAksa (Turkey), Teijin Limited (Japan), SGL Carbon (Germany), Hexcel Corporation (US), Gurit Services AG (Switzerland), China National Building Material Group Corporation (China), Toray Industries, Inc. (Japan), Röchling (Germany), Exel Composites (Finland), Evonik (Germany), Arkema (France), Owens Corning (US), Exxon Mobil (US), and Huntsman (US) in the wind blade composites market.

Table of Contents

1               INTRODUCTION              25

1.1           STUDY OBJECTIVES       25

1.2           MARKET DEFINITION   26

1.3           STUDY SCOPE   26

1.3.1        MARKETS COVERED AND REGIONAL SCOPE      26

1.3.2        INCLUSIONS AND EXCLUSIONS 27

1.3.3        YEARS CONSIDERED      27

1.3.4        CURRENCY CONSIDERED            28

1.3.5        UNIT CONSIDERED        28

1.4           STAKEHOLDERS               28

2               RESEARCH METHODOLOGY       29

2.1           RESEARCH DATA              29

2.1.1        SECONDARY DATA          30

2.1.1.1    Key data from secondary sources       30

2.1.2        PRIMARY DATA 30

2.1.2.1    Key data from primary sources           31

2.1.2.2    Key primary participants     31

2.1.2.3    Breakdown of primary interviews      31

2.1.2.4    Key industry insights           32

2.2           MARKET SIZE ESTIMATION         32

2.2.1        BOTTOM-UP APPROACH              32

2.2.2        TOP-DOWN APPROACH                33

2.3           BASE NUMBER CALCULATION   34

2.3.1        APPROACH 1: SUPPLY-SIDE ANALYSIS   34

2.3.2        APPROACH 2: DEMAND-SIDE ANALYSIS                34

2.4           MARKET FORECAST APPROACH                35

2.4.1        SUPPLY SIDE     35

2.4.2        DEMAND SIDE  35

2.5           DATA TRIANGULATION                35

2.6           FACTOR ANALYSIS          37

2.7           RESEARCH ASSUMPTIONS           37

2.8           RESEARCH LIMITATIONS AND RISK ASSESSMENT                 38

3               EXECUTIVE SUMMARY  39

4               PREMIUM INSIGHTS       43

4.1           ATTRACTIVE OPPORTUNITIES FOR PLAYERS IN WIND BLADE COMPOSITES MARKET   43

4.2           WIND BLADE COMPOSITES MARKET, BY FIBER TYPE AND REGION     44

4.3           WIND BLADE COMPOSITES MARKET, BY FIBER TYPE                 44

4.4           WIND BLADE COMPOSITES MARKET, BY RESIN TYPE                 45

4.5           WIND BLADE COMPOSITES MARKET, BY BLADE SIZE                 45

4.6           WIND BLADE COMPOSITES MARKET, BY APPLICATION                 46

4.7           WIND BLADE COMPOSITES MARKET, BY KEY COUNTRY                 46

5               MARKET OVERVIEW       47

5.1           INTRODUCTION              47

5.2           MARKET DYNAMICS       47

5.2.1        DRIVERS               48

5.2.1.1    Increasing new installations of wind turbines  48

5.2.1.2    Increasing turbine size         48

5.2.2        RESTRAINTS      49

5.2.2.1    High raw material costs       49

5.2.2.2    Limited blade recycling technology   49

5.2.3        OPPORTUNITIES              49

5.2.3.1    Development of recyclable resin        49

5.2.3.2    Increasing offshore wind turbine installations 50

5.2.4        CHALLENGES    50

5.2.4.1    Geopolitical instability         50

5.2.4.2    High capital investments     50

5.3           PORTER’S FIVE FORCES ANALYSIS           51

5.3.1        THREAT OF NEW ENTRANTS      52

5.3.2        THREAT OF SUBSTITUTES          52

5.3.3        BARGAINING POWER OF SUPPLIERS       52

5.3.4        BARGAINING POWER OF BUYERS             53

5.3.5        INTENSITY OF COMPETITIVE RIVALRY 53

5.4           KEY STAKEHOLDERS AND BUYING CRITERIA     53

5.4.1        KEY STAKEHOLDERS IN BUYING PROCESS           53

5.4.2        BUYING CRITERIA           54

5.5           PRICING ANALYSIS          55

5.5.1        AVERAGE SELLING PRICE TREND FOR KEY PLAYERS, BY APPLICATION, 2024         55

5.5.2        AVERAGE SELLING PRICE TREND, BY FIBER TYPE, 2021-2024        56

5.5.3        AVERAGE SELLING PRICE TREND, BY RESIN TYPE, 2021–2024        57

5.5.4        AVERAGE SELLING PRICE TREND, BY BLADE SIZE, 2021–2024        58

5.5.5        AVERAGE SELLING PRICE TREND, BY APPLICATION, 2021–2024              58

5.5.6        AVERAGE SELLING PRICE TREND, BY REGION, 2021–2024                 59

5.6           MACROECONOMIC OUTLOOK  60

5.6.1        INTRODUCTION              60

5.6.2        GDP TRENDS AND FORECAST   60

5.6.3        TRENDS IN WIND INDUSTRY      62

5.7           VALUE CHAIN ANALYSIS               62

5.8           SUPPLY CHAIN ANALYSIS             64

5.9           ECOSYSTEM ANALYSIS  65

5.10         TRADE ANALYSIS             66

5.10.1      EXPORT SCENARIO (HS CODE 7019)        66

5.10.2      IMPORT SCENARIO (HS CODE 7019)        68

5.10.3      EXPORT SCENARIO (HS CODE 681511)    69

5.10.4      IMPORT SCENARIO (HS CODE 681511)    70

5.11         TECHNOLOGY ANALYSIS             71

5.11.1      KEY TECHNOLOGIES     71

5.11.1.1  Vacuum infusion  71

5.11.1.2  Traditional molding             71

5.11.2      COMPLEMENTARY TECHNOLOGIES       71

5.11.2.1  Additive manufacturing and robotics                71

5.12         PATENT ANALYSIS          72

5.12.1      INTRODUCTION              72

5.12.2      METHODOLOGY              72

5.12.3      DOCUMENT TYPES         72

5.12.4      INSIGHTS            73

5.12.5      LEGAL STATUS 74

5.12.6      JURISDICTION ANALYSIS              74

5.12.7      TOP APPLICANTS            75

5.12.8      TOP 10 PATENT OWNERS (US) IN LAST 10 YEARS, 2015–2025        76

5.13         REGULATORY LANDSCAPE         77

5.13.1      REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS             77

5.14         KEY CONFERENCES AND EVENTS, 2025–2026        80

5.15         CASE STUDY ANALYSIS 81

5.15.1      ENHANCEMENT OF OFFSHORE WIND TURBINE EFFICIENCY WITH CARBON FIBER-REINFORCED PLASTICS (CFRP) IN SPAR CAPS     81

5.15.2      GURIT — COMPREHENSIVE SOLUTIONS DRIVING INNOVATION

IN WIND BLADE MANUFACTURING         82

5.15.3      OWENS CORNING ULTRABLADE HE – BOOSTING EFFICIENCY

IN WIND BLADE MANUFACTURING         82

5.16         TRENDS/DISRUPTIONS IMPACTING CUSTOMER BUSINESS            83

5.17         IMPACT OF GEN AI/AI ON WIND BLADE COMPOSITES MARKET               84

5.17.1      TOP USE CASES AND MARKET POTENTIAL          84

5.17.2      CASE STUDIES OF AI IMPLEMENTATION IN WIND BLADE

COMPOSITES MARKET  84

5.18         INVESTMENT AND FUNDING SCENARIO               85

5.19         IMPACT OF 2025 US TARIFF ON WIND BLADE COMPOSITES MARKET  86

5.19.1      INTRODUCTION              86

5.19.2      KEY TARIFF RATES          86

5.19.3      PRICE IMPACT ANALYSIS             87

5.19.4      KEY IMPACTS ON VARIOUS COUNTRIES/REGIONS                 88

5.19.4.1  US           88

5.19.4.2  Europe   89

5.19.4.3  Asia Pacific            91

5.19.5      END-USE INDUSTRY-LEVEL IMPACT       93

6               WIND BLADE COMPOSITES MARKET, BY FIBER TYPE                 94

6.1           INTRODUCTION              95

6.2           CARBON FIBER 96

6.2.1        HIGH TENSILE STRENGTH AND LIGHTWEIGHT TO FUEL DEMAND 96

6.3           GLASS FIBER      98

6.3.1        HIGH PERFORMANCE AND COST-EFFECTIVENESS TO PROPEL MARKET             98

6.4           OTHER FIBER TYPES      99

7               WIND BLADE COMPOSITES MARKET, BY RESIN TYPE                 101

7.1           INTRODUCTION              102

7.2           EPOXY  103

7.2.1        EXCELLENT ADHESION AND RESISTANCE TO FATIGUE TO FUEL DEMAND          103

7.3           POLYURETHANE              104

7.3.1        LOW VISCOSITY AND COST EFFICIENCY TO DRIVE DEMAND             104

7.4           OTHER RESIN TYPES      106

8               WIND BLADE COMPOSITES MARKET, BY BLADE SIZE                 108

8.1           INTRODUCTION              109

8.2           UP TO 50 METERS            110

8.2.1        INCREASING DEMAND FROM ONSHORE WIND FARMS TO DRIVE MARKET         110

8.3           OVER 50 METERS              111

8.3.1        GROWING INSTALLATION IN OFFSHORE WIND TURBINE FARMS

TO DRIVE MARKET         111

9               WIND BLADE COMPOSITES MARKET, BY APPLICATION                 113

9.1           INTRODUCTION              114

9.2           ONSHORE WIND TURBINES        115

9.2.1        GROWING DEMAND FOR LIGHTWEIGHT YET DURABLE WIND BLADES

FOR GENERATING ELECTRICITY TO DRIVE MARKET      115

9.3           OFFSHORE WIND TURBINES       116

9.3.1        LARGER AND ROBUST WIND BLADES DESIGNED FOR HARSH ENVIRONMENTS TO FUEL DEMAND       116

10            WIND BLADE COMPOSITES MARKET, BY REGION                 118

10.1         INTRODUCTION              119

10.2         NORTH AMERICA             120

10.2.1      NORTH AMERICA: WIND BLADE COMPOSITES MARKET, BY FIBER TYPE  121

10.2.2      NORTH AMERICA: WIND BLADE COMPOSITES MARKET, BY RESIN TYPE  122

10.2.3      NORTH AMERICA: WIND BLADE COMPOSITES MARKET, BY BLADE SIZE 123

10.2.4      NORTH AMERICA: WIND BLADE COMPOSITES MARKET, BY APPLICATION             124

10.2.5      NORTH AMERICA: WIND BLADE COMPOSITES MARKET, BY COUNTRY     124

10.2.5.1  US           125

10.2.5.1.1                Presence of major manufacturers to drive market                 125

10.2.5.2  Canada   126

10.2.5.2.1                Increased investments in wind energy sector and advancements in composite materials technology

to drive market      126

10.2.5.3  Mexico   127

10.2.5.3.1                Strategic partnerships and expansions to drive market                 127

10.3         EUROPE               128

10.3.1      EUROPE: WIND BLADE COMPOSITES MARKET, BY FIBER TYPE     129

10.3.2      EUROPE: WIND BLADE COMPOSITES MARKET, BY RESIN TYPE     130

10.3.3      EUROPE: WIND BLADE COMPOSITES MARKET, BY BLADE SIZE        131

10.3.4      EUROPE: WIND BLADE COMPOSITES MARKET, BY APPLICATION   131

10.3.5      EUROPE: WIND BLADE COMPOSITES MARKET, BY COUNTRY            132

10.3.5.1  Germany                 133

10.3.5.1.1                Growing construction projects to drive market                 133

10.3.5.2  France    134

10.3.5.2.1                Rising onshore and offshore wind turbine installations

to increase demand               134

10.3.5.3  Sweden   135

10.3.5.3.1                Increasing shift toward recycling of wind blades

to drive market      135

10.3.5.4  Spain      136

10.3.5.4.1                Growing demand from wind energy industry to drive market    136

10.3.5.5  Finland   137

10.3.5.5.1                Increasing number of recycling projects to propel market    137

10.3.5.6  Netherlands           138

10.3.5.6.1                High demand from onshore and offshore wind installations to fuel market growth    138

10.3.5.7  UK          139

10.3.5.7.1                Presence of well-established R&D centers and institutions to drive market 139

10.3.5.8  Rest of Europe      140

10.4         ASIA PACIFIC     142

10.4.1      ASIA PACIFIC: WIND BLADE COMPOSITES MARKET, BY FIBER TYPE         143

10.4.2      ASIA PACIFIC: WIND BLADE COMPOSITES MARKET, BY RESIN TYPE        143

10.4.3      ASIA PACIFIC: WIND BLADE COMPOSITES MARKET, BY BLADE SIZE        144

10.4.4      ASIA PACIFIC: WIND BLADE COMPOSITES MARKET, BY APPLICATION   145

10.4.5      ASIA PACIFIC: WIND BLADE COMPOSITES MARKET, BY COUNTRY            145

10.4.5.1  China      146

10.4.5.1.1                High renewable energy production and investments in both onshore and offshore wind projects to drive demand            146

10.4.5.2  India       147

10.4.5.2.1                Rising investments in wind power projects to propel market    147

10.4.5.3  Japan      148

10.4.5.3.1                Strong renewable energy push and policy support

to drive market      148

10.4.5.4  Australia 149

10.4.5.4.1                Expanding renewable energy sector to fuel market growth    149

10.4.5.5  South Korea           150

10.4.5.5.1                Expansion of wind power projects to drive market                 150

10.4.5.6  Rest of Asia Pacific               151

10.5         SOUTH AMERICA             152

10.5.1      SOUTH AMERICA: WIND BLADE COMPOSITES MARKET, BY FIBER TYPE  152

10.5.2      SOUTH AMERICA: WIND BLADE COMPOSITES MARKET, BY RESIN TYPE  153

10.5.3      SOUTH AMERICA: WIND BLADE COMPOSITES MARKET, BY BLADE SIZE 154

10.5.4      SOUTH AMERICA: WIND BLADE COMPOSITES MARKET, BY APPLICATION             155

10.5.5      SOUTH AMERICA: WIND BLADE COMPOSITES MARKET, BY COUNTRY     155

10.5.5.1  Brazil      156

10.5.5.1.1                Rapid expansion of wind energy capacity to drive market                 156

10.5.5.2  Argentina               157

10.5.5.2.1                Increased private investments to drive demand                 157

10.5.5.3  Rest of South America         158

10.6         MIDDLE EAST & AFRICA                159

10.6.1      MIDDLE EAST & AFRICA: WIND BLADE COMPOSITES MARKET, BY FIBER TYPE               159

10.6.2      MIDDLE EAST & AFRICA: WIND BLADE COMPOSITES MARKET, BY RESIN TYPE              160

10.6.3      MIDDLE EAST & AFRICA: WIND BLADE COMPOSITES MARKET, BY BLADE SIZE              161

10.6.4      MIDDLE EAST & AFRICA: WIND BLADE COMPOSITES MARKET, BY APPLICATION         162

10.6.5      MIDDLE EAST & AFRICA: WIND BLADE COMPOSITES MARKET, BY COUNTRY 162

10.6.5.1  Egypt      163

10.6.5.1.1                Increasing investments in wind energy infrastructure to drive market          163

10.6.5.2  Morocco 164

10.6.5.2.1                Booming wind energy sector to drive market  164

10.6.5.3  Rest of Middle East & Africa               165

11            COMPETITIVE LANDSCAPE         167

11.1         OVERVIEW          167

11.2         KEY PLAYER STRATEGIES/RIGHT TO WIN            167

11.3         REVENUE ANALYSIS       169

11.4         MARKET SHARE ANALYSIS           169

11.5         BRAND/PRODUCT COMPARATIVE ANALYSIS     172

11.6         COMPANY EVALUATION MATRIX: KEY PLAYERS, 2024                 174

11.6.1      STARS   174

11.6.2      EMERGING LEADERS     174

11.6.3      PERVASIVE PLAYERS      174

11.6.4      PARTICIPANTS 175

11.6.5      COMPANY FOOTPRINT: KEY PLAYERS, 2024         176

11.6.5.1  Company footprint               176

11.6.5.2  Fiber type footprint              177

11.6.5.3  Resin type footprint              178

11.6.5.4  Application footprint            178

11.6.5.5  Region footprint   179

11.7         COMPANY EVALUATION MATRIX: STARTUPS/SMES, 2024        180

11.7.1      PROGRESSIVE COMPANIES         180

11.7.2      RESPONSIVE COMPANIES            180

11.7.3      DYNAMIC COMPANIES  180

11.7.4      STARTING BLOCKS         180

11.7.5      COMPETITIVE BENCHMARKING: STARTUPS/SMES, 2024                 181

11.7.5.1  Detailed list of key startups/SMEs    181

11.7.5.2  Competitive benchmarking of key startups/SMEs          182

11.8         COMPANY VALUATION AND FINANCIAL METRICS                 182

11.9         COMPETITIVE SCENARIO             184

11.9.1      PRODUCT LAUNCHES   184

11.9.2      DEALS  184

11.9.3      EXPANSIONS     185

11.9.4      OTHERS                186

12            COMPANY PROFILES      187

12.1         KEY PLAYERS     187

12.1.1      GURIT SERVICES AG       187

12.1.1.1  Business overview 187

12.1.1.2  Products offered   188

12.1.1.3  Recent developments           189

12.1.1.3.1                Deals      189

12.1.1.4  MnM view              189

12.1.1.4.1                Key strengths/Right to win 189

12.1.1.4.2                Strategic choices   189

12.1.1.4.3                Weaknesses/Competitive threats       190

12.1.2      CHINA NATIONAL BUILDING MATERIAL GROUP CORPORATION 191

12.1.2.1  Business overview 191

12.1.2.2  Products offered   192

12.1.2.3  MnM view              193

12.1.2.3.1                Key strengths/Right to win 193

12.1.2.3.2                Strategic choices   193

12.1.2.3.3                Weaknesses/Competitive threats       193

12.1.3      HEXCEL CORPORATION               194

12.1.3.1  Business overview 194

12.1.3.2  Products offered   195

12.1.3.3  MnM view              196

12.1.3.3.1                Key strengths/Right to win 196

12.1.3.3.2                Strategic choices   196

12.1.3.3.3                Weaknesses/Competitive threats       196

12.1.4      TORAY INDUSTRIES, INC.             197

12.1.4.1  Business overview 197

12.1.4.2  Products offered   198

12.1.4.3  MnM view              199

12.1.4.3.1                Key strengths/Right to win 199

12.1.4.3.2                Strategic choices   199

12.1.4.3.3                Weaknesses/Competitive threats       199

12.1.5      CHINA JUSHI CO., LTD. 200

12.1.5.1  Business overview 200

12.1.5.2  Products/Solutions/Services offered 201

12.1.5.3  Recent developments           204

12.1.5.3.1                Expansions             204

12.1.5.3.2                Others    204

12.1.5.4  MnM view              205

12.1.5.4.1                Key strengths/Right to win 205

12.1.5.4.2                Strategic choices   205

12.1.5.4.3                Weaknesses/Competitive threats       205

12.1.6      ROCHLING SE & CO. KG                 206

12.1.6.1  Business overview 206

12.1.6.2  Products offered   206

12.1.6.3  MnM view              207

12.1.6.3.1                Key strengths/Right to win 207

12.1.6.3.2                Strategic choices   207

12.1.6.3.3                Weaknesses/Competitive threats       207

12.1.7      SGL CARBON     208

12.1.7.1  Business overview 208

12.1.7.2  Products offered   209

12.1.7.3  MnM view              210

12.1.7.3.1                Key strengths/Right to win 210

12.1.7.3.2                Strategic choices   210

12.1.7.3.3                Weaknesses/Competitive threats       210

12.1.8      DOWAKSA           211

12.1.8.1  Business overview 211

12.1.8.2  Products offered   211

12.1.8.3  Recent developments           212

12.1.8.3.1                Deals      212

12.1.8.4  MnM view              212

12.1.8.4.1                Key strengths/Right to win 212

12.1.8.4.2                Strategic choices   212

12.1.8.4.3                Weaknesses/Competitive threats       213

12.1.9      EXEL COMPOSITES         214

12.1.9.1  Business overview 214

12.1.9.2  Products offered   215

12.1.9.3  Recent developments           215

12.1.9.3.1                Deals      215

12.1.9.3.2                Others    216

12.1.9.4  MnM view              216

12.1.9.4.1                Key strengths/Right to win 216

12.1.9.4.2                Strategic choices   216

12.1.9.4.3                Weaknesses/Competitive threats       216

12.1.10   EVONIK                217

12.1.10.1                 Business overview 217

12.1.10.2                 Products offered   218

12.1.10.3                 MnM view              219

12.1.10.3.1             Key strengths/Right to win 219

12.1.10.3.2             Strategic choices   220

12.1.10.3.3             Weaknesses/Competitive threats       220

12.1.11   ARKEMA               221

12.1.11.1                 Business overview 221

12.1.11.2                 Products offered   222

12.1.11.3                 Recent developments           223

12.1.11.3.1             Others    223

12.1.11.4                 MnM view              223

12.1.11.4.1             Key strengths/Right to win 223

12.1.11.4.2             Strategic choices   223

12.1.11.4.3             Weaknesses/Competitive threats       224

12.1.12   TEIJIN LIMITED                225

12.1.12.1                 Business overview 225

12.1.12.2                 Products offered   226

12.1.12.3                 MnM view              227

12.1.12.3.1             Key strengths/Right to win 227

12.1.12.3.2             Strategic choices   227

12.1.12.3.3             Weaknesses/Competitive threats       227

12.1.13   OWENS CORNING            228

12.1.13.1                 Business overview 228

12.1.13.2                 Products offered   229

12.1.13.3                 MnM view              230

12.1.13.3.1             Key strengths/Right to win 230

12.1.13.3.2             Strategic choices   230

12.1.13.3.3             Weaknesses/Competitive threats       230

12.1.14   EXXON MOBIL CORPORATION  231

12.1.14.1                 Business overview 231

12.1.14.2                 Products offered   232

12.1.14.3                 MnM view              233

12.1.14.3.1             Key strengths/Right to win 233

12.1.14.3.2             Strategic choices   233

12.1.14.3.3             Weaknesses/Competitive threats       233

12.1.15   HUNTSMAN INTERNATIONAL LLC           234

12.1.15.1                 Business overview 234

12.1.15.2                 Products offered   235

12.1.15.3                 Recent developments           236

12.1.15.3.1             Product launches  236

12.1.15.4                 MnM view              236

12.1.15.4.1             Key strengths/Right to win 236

12.1.15.4.2             Strategic choices   236

12.1.15.4.3             Weaknesses/Competitive threats       237

12.2         OTHER PLAYERS              238

12.2.1      PULTREX LTD   238

12.2.2      EPSILON COMPOSITE    239

12.2.3      AERON COMPOSITE LIMITED    239

12.2.4      WESTLAKE CORPORATION         240

12.2.5      ELAN COMPOSITES        240

12.2.6      NORTHERN LIGHT COMPOSITES             241

12.2.7      JIUDING NEW MATERIAL CO., LTD.         241

12.2.8      HS HYOSUNG ADVANCED MATERIALS  242

12.2.9      INDORE COMPOSITE     242

12.2.10   RELIANCE INDUSTRIES LTD.      243

13            APPENDIX           244

13.1         DISCUSSION GUIDE        244

13.2         KNOWLEDGESTORE: MARKETSANDMARKETS’ SUBSCRIPTION PORTAL                247

13.3         CUSTOMIZATION OPTIONS        249

13.4         RELATED REPORTS         249

13.5         AUTHOR DETAILS           250

LIST OF TABLES

TABLE 1                WIND BLADE COMPOSITES MARKET: PORTER’S FIVE FORCES ANALYSIS 52

TABLE 2                INFLUENCE OF STAKEHOLDERS ON BUYING PROCESS FOR MAJOR APPLICATIONS    54

TABLE 3                KEY BUYING CRITERIA FOR KEY APPLICATIONS                 54

TABLE 4                AVERAGE SELLING PRICE TREND OF WIND BLADE COMPOSITES OFFERED

BY KEY PLAYERS, BY APPLICATION, 2024 (USD/KG)         56

TABLE 5                AVERAGE SELLING PRICE TREND OF WIND BLADE COMPOSITES,

BY FIBER TYPE, 2021–2030 (USD/KG)       57

TABLE 6                AVERAGE SELLING PRICE TREND OF WIND BLADE COMPOSITES,

BY REGION, 2021–2030 (USD/KG)               60

TABLE 7                GDP PERCENTAGE CHANGE, BY KEY COUNTRY, 2021–2029 (%)     60

TABLE 8                ROLES OF COMPANIES IN WIND BLADE COMPOSITE ECOSYSTEM             66

TABLE 9                EXPORT DATA RELATED TO HS CODE 7019-COMPLIANT PRODUCTS,

BY KEY COUNTRY, 2024 (USD THOUSAND)          67

TABLE 10              IMPORT DATA RELATED TO HS CODE 7019-COMPLIANT PRODUCTS,

BY KEY COUNTRY, 2024 (USD THOUSAND)          68

TABLE 11              EXPORT DATA RELATED TO HS CODE 681511-COMPLIANT PRODUCTS,

BY KEY COUNTRY, 2024 (USD THOUSAND)          69

TABLE 12              IMPORT DATA RELATED TO HS CODE 681511-COMPLIANT PRODUCTS,

2024 (USD THOUSAND) 70

TABLE 13              WIND BLADE COMPOSITES MARKET: TOTAL NUMBER OF PATENTS, 2015–2025              72

TABLE 14              LIST OF PATENTS BY GENERAL ELECTRIC, 2023–2025        75

TABLE 15              LIST OF PATENTS BY VESTAS WIND SYSTEMS, 2023–2025              76

TABLE 16              NORTH AMERICA: LIST OF REGULATORY BODIES, GOVERNMENT

AGENCIES, AND OTHER ORGANIZATIONS           77

TABLE 17              EUROPE: LIST OF REGULATORY BODIES, GOVERNMENT AGENCIES,

AND OTHER ORGANIZATIONS  78

TABLE 18              ASIA PACIFIC: LIST OF REGULATORY BODIES, GOVERNMENT AGENCIES,

AND OTHER ORGANIZATIONS  79

TABLE 19              ROW: LIST OF REGULATORY BODIES, GOVERNMENT AGENCIES,

AND OTHER ORGANIZATIONS  80

TABLE 20              WIND BLADE COMPOSITES MARKET: LIST OF KEY CONFERENCES

AND EVENTS, 2025–2026                 80

TABLE 21              TOP USE CASES AND MARKET POTENTIAL                 84

TABLE 22              WIND BLADE COMPOSITES MARKET: CASE STUDIES OF AI IMPLEMENTATION          84

TABLE 23              US-ADJUSTED RECIPROCAL TARIFF RATES                 86

TABLE 24              KEY PRODUCT-RELATED TARIFFS EFFECTIVE FOR WIND BLADE COMPOSITES               87

TABLE 25              EXPECTED CHANGE IN PRICES AND IMPACT ON END-USE MARKET DUE TO TARIFFS       87

TABLE 26              WIND BLADE COMPOSITES MARKET, BY FIBER TYPE, 2023–2030 (USD MILLION)                95

TABLE 27              WIND BLADE COMPOSITES MARKET, BY FIBER TYPE, 2023–2030 (KILOTONS)     96

TABLE 28              CARBON FIBER: WIND BLADE COMPOSITES MARKET, BY REGION,

2023–2030 (USD MILLION)            97

TABLE 29              CARBON FIBER: WIND BLADE COMPOSITES MARKET, BY REGION,

2023–2030 (KILOTONS)  97

TABLE 30              GLASS FIBER: WIND BLADE COMPOSITES MARKET, BY REGION,

2023–2030 (USD MILLION)            98

TABLE 31              GLASS FIBER: WIND BLADE COMPOSITES MARKET, BY REGION,

2023–2030 (KILOTONS)  98

TABLE 32              OTHER FIBER TYPES: WIND BLADE COMPOSITES MARKET, BY REGION,

2023–2030 (USD MILLION)            99

TABLE 33              OTHER FIBER TYPES: WIND BLADE COMPOSITES MARKET, BY REGION,

2023–2030 (KILOTONS)  100

TABLE 34              WIND BLADE COMPOSITES MARKET, BY RESIN TYPE, 2023–2030 (USD MILLION)                102

TABLE 35              WIND BLADE COMPOSITES MARKET, BY RESIN TYPE, 2023–2030 (KILOTONS)     103

TABLE 36              EPOXY: WIND BLADE COMPOSITES MARKET, BY REGION,

2023–2030 (USD MILLION)            103

TABLE 37              EPOXY: WIND BLADE COMPOSITES MARKET, BY REGION, 2023–2030 (KILOTONS)                104

TABLE 38              POLYURETHANE: WIND BLADE COMPOSITES MARKET, BY REGION,

2023–2030 (USD MILLION)            105

TABLE 39              POLYURETHANE: WIND BLADE COMPOSITES MARKET, BY REGION,

2023–2030 (KILOTONS)  105

TABLE 40              OTHER RESIN TYPES: WIND BLADE COMPOSITES MARKET, BY REGION,

2023–2030 (USD MILLION)            106

TABLE 41              OTHER RESIN TYPES: WIND BLADE COMPOSITES MARKET, BY REGION,

2023–2030 (KILOTONS)  106

TABLE 42              WIND BLADE COMPOSITES MARKET, BY BLADE SIZE, 2023–2030 (USD MILLION) 109

TABLE 43              WIND BLADE COMPOSITES MARKET, BY BLADE SIZE, 2023–2030 (KILOTONS)       110

TABLE 44              UP TO 50 METERS: WIND BLADE COMPOSITES MARKET, BY REGION,

2023–2030 (USD MILLION)            110

TABLE 45              UP TO 50 METERS: WIND BLADE COMPOSITES MARKET, BY REGION,

2023–2030 (KILOTONS)  111

TABLE 46              OVER 50 METERS: WIND BLADE COMPOSITES MARKET, BY REGION,

2023–2030 (USD MILLION)            112

TABLE 47              OVER 50 METERS: WIND BLADE COMPOSITES MARKET, BY REGION,

2023–2030 (KILOTONS)  112

TABLE 48              WIND BLADE COMPOSITES MARKET, BY APPLICATION, 2023–2030 (USD MILLION)              114

TABLE 49              WIND BLADE COMPOSITES MARKET, BY APPLICATION, 2023–2030 (KILOTONS)   114

TABLE 50              ONSHORE WIND TURBINES: WIND BLADE COMPOSITES MARKET, BY REGION, 2023–2030 (USD MILLION)                 115

TABLE 51              ONSHORE WIND TURBINES: WIND BLADE COMPOSITES MARKET, BY REGION, 2023–2030 (KILOTONS)                 116

TABLE 52              OFFSHORE WIND TURBINES: WIND BLADE COMPOSITES MARKET, BY REGION, 2023–2030 (USD MILLION)                 117

TABLE 53              OFFSHORE WIND TURBINES: WIND BLADE COMPOSITES MARKET, BY REGION, 2023–2030 (KILOTONS)                 117

TABLE 54              WIND BLADE COMPOSITES MARKET, BY REGION, 2023–2030 (USD MILLION)          119

TABLE 55              WIND BLADE COMPOSITES MARKET, BY REGION, 2023–2030 (KILOTONS)                120

TABLE 56              NORTH AMERICA: WIND BLADE COMPOSITES MARKET, BY FIBER TYPE,

2023–2030 (USD MILLION)            121

TABLE 57              NORTH AMERICA: WIND BLADE COMPOSITES MARKET, BY FIBER TYPE,

2023–2030 (KILOTONS)  122

TABLE 58              NORTH AMERICA: WIND BLADE COMPOSITES MARKET, BY RESIN TYPE,

2023–2030 (USD MILLION)            122

TABLE 59              NORTH AMERICA: WIND BLADE COMPOSITES MARKET, BY RESIN TYPE,

2023–2030 (KILOTONS)  122

TABLE 60              NORTH AMERICA: WIND BLADE COMPOSITES MARKET, BY BLADE SIZE,

2023–2030 (USD MILLION)            123

TABLE 61              NORTH AMERICA: WIND BLADE COMPOSITES MARKET, BY BLADE SIZE,

2023–2030 (KILOTONS)  123

TABLE 62              NORTH AMERICA: WIND BLADE COMPOSITES MARKET, BY APPLICATION,

2023–2030 (USD MILLION)            124

TABLE 63              NORTH AMERICA: WIND BLADE COMPOSITES MARKET, BY APPLICATION,

2023–2030 (KILOTONS)  124

TABLE 64              NORTH AMERICA: WIND BLADE COMPOSITES MARKET, BY COUNTRY,

2023–2030 (USD MILLION)            124

TABLE 65              NORTH AMERICA: WIND BLADE COMPOSITES MARKET, BY COUNTRY,

2023–2030 (KILOTONS)  125

TABLE 66              US: WIND BLADE COMPOSITES MARKET, BY FIBER TYPE,

2023–2030 (USD MILLION)            125

TABLE 67              US: WIND BLADE COMPOSITES MARKET, BY FIBER TYPE, 2023–2030 (KILOTONS)         126

TABLE 68              CANADA: WIND BLADE COMPOSITES MARKET, BY FIBER TYPE,

2023–2030 (USD MILLION)            126

TABLE 69              CANADA: WIND BLADE COMPOSITES MARKET, BY FIBER TYPE,

2023–2030 (KILOTONS)  127

TABLE 70              MEXICO: WIND BLADE COMPOSITES MARKET, BY FIBER TYPE,

2023–2030 (USD MILLION)            127

TABLE 71              MEXICO: WIND BLADE COMPOSITES MARKET, BY FIBER TYPE,

2023–2030 (KILOTONS)  128

TABLE 72              EUROPE: WIND BLADE COMPOSITES MARKET, BY FIBER TYPE,

2023–2030 (USD MILLION)            129

TABLE 73              EUROPE: WIND BLADE COMPOSITES MARKET, BY FIBER TYPE,

2023–2030 (KILOTONS)  130

TABLE 74              EUROPE: WIND BLADE COMPOSITES MARKET, BY RESIN TYPE,

2023–2030 (USD MILLION)            130

TABLE 75              EUROPE: WIND BLADE COMPOSITES MARKET, BY RESIN TYPE,

2023–2030 (KILOTONS)  130

TABLE 76              EUROPE: WIND BLADE COMPOSITES MARKET, BY BLADE SIZE,

2023–2030 (USD MILLION)            131

TABLE 77              EUROPE: WIND BLADE COMPOSITES MARKET, BY BLADE SIZE,

2023–2030 (KILOTONS)  131

TABLE 78              EUROPE: WIND BLADE COMPOSITES MARKET, BY APPLICATION,

2023–2030 (USD MILLION)            131

TABLE 79              EUROPE: WIND BLADE COMPOSITES MARKET, BY APPLICATION,

2023–2030 (KILOTONS)  132

TABLE 80              EUROPE: WIND BLADE COMPOSITES MARKET, BY COUNTRY,

2023–2030 (USD MILLION)            132

TABLE 81              EUROPE: WIND BLADE COMPOSITES MARKET, BY COUNTRY,

2023–2030 (KILOTONS)  133

TABLE 82             GERMANY: WIND BLADE COMPOSITES MARKET, BY FIBER TYPE,

2023–2030 (USD MILLION)            134

TABLE 83             GERMANY: WIND BLADE COMPOSITES MARKET, BY FIBER TYPE,

2023–2030 (KILOTONS)  134

TABLE 84              FRANCE: WIND BLADE COMPOSITES MARKET, BY FIBER TYPE,

2023–2030 (USD MILLION)            135

TABLE 85              FRANCE: WIND BLADE COMPOSITES MARKET, BY FIBER TYPE,

2023–2030 (KILOTONS)  135

TABLE 86              SWEDEN: WIND BLADE COMPOSITES MARKET, BY FIBER TYPE,

2023–2030 (USD MILLION)            136

TABLE 87              SWEDEN: WIND BLADE COMPOSITES MARKET, BY FIBER TYPE,

2023–2030 (KILOTONS)  136

TABLE 88              SPAIN: WIND BLADE COMPOSITES MARKET, BY FIBER TYPE,

2023–2030 (USD MILLION)            137

TABLE 89              SPAIN: WIND BLADE COMPOSITES MARKET, BY FIBER TYPE,

2023–2030 (KILOTONS)  137

TABLE 90              FINLAND: WIND BLADE COMPOSITES MARKET, BY FIBER TYPE,

2023–2030 (USD MILLION)            138

TABLE 91              FINLAND: WIND BLADE COMPOSITES MARKET, BY FIBER TYPE,

2023–2030 (KILOTONS)  138

TABLE 92              NETHERLANDS: WIND BLADE COMPOSITES MARKET, BY FIBER TYPE,

2023–2030 (USD MILLION)            139

TABLE 93              NETHERLANDS: WIND BLADE COMPOSITES MARKET, BY FIBER TYPE,

2023–2030 (KILOTONS)  139

TABLE 94              UK: WIND BLADE COMPOSITES MARKET, BY FIBER TYPE,

2023–2030 (USD MILLION)            140

TABLE 95              UK: WIND BLADE COMPOSITES MARKET, BY FIBER TYPE, 2023–2030 (KILOTONS)         140

TABLE 96              REST OF EUROPE: WIND BLADE COMPOSITES MARKET, BY FIBER TYPE,

2023–2030 (USD MILLION)            141

TABLE 97              REST OF EUROPE: WIND BLADE COMPOSITES MARKET, BY FIBER TYPE,

2023–2030 (KILOTONS)  141

TABLE 98              ASIA PACIFIC: WIND BLADE COMPOSITES MARKET, BY FIBER TYPE,

2023–2030 (USD MILLION)            143

TABLE 99              ASIA PACIFIC: WIND BLADE COMPOSITES MARKET, BY FIBER TYPE,

2023–2030 (KILOTONS)  143

TABLE 100            ASIA PACIFIC: WIND BLADE COMPOSITES MARKET, BY RESIN TYPE,

2023–2030 (USD MILLION)            143

TABLE 101            ASIA PACIFIC: WIND BLADE COMPOSITES MARKET, BY RESIN TYPE,

2023–2030 (KILOTONS)  144

TABLE 102            ASIA PACIFIC: WIND BLADE COMPOSITES MARKET, BY BLADE SIZE,

2023–2030 (USD MILLION)            144

TABLE 103            ASIA PACIFIC: WIND BLADE COMPOSITES MARKET, BY BLADE SIZE,

2023–2030 (KILOTONS)  144

TABLE 104            ASIA PACIFIC: WIND BLADE COMPOSITES MARKET, BY APPLICATION,

2023–2030 (USD MILLION)            145

TABLE 105            ASIA PACIFIC: WIND BLADE COMPOSITES MARKET, BY APPLICATION,

2023–2030 (KILOTONS)  145

TABLE 106            ASIA PACIFIC: WIND BLADE COMPOSITES MARKET, BY COUNTRY,

2023–2030 (USD MILLION)            145

TABLE 107            ASIA PACIFIC: WIND BLADE COMPOSITES MARKET, BY COUNTRY,

2023–2030 (KILOTONS)  146

TABLE 108            CHINA: WIND BLADE COMPOSITES MARKET, BY FIBER TYPE,

2023–2030 (USD MILLION)            146

TABLE 109            CHINA: WIND BLADE COMPOSITES MARKET, BY FIBER TYPE,

2023–2030 (KILOTONS)  147

TABLE 110            INDIA: WIND BLADE COMPOSITES MARKET, BY FIBER TYPE,

2023–2030 (USD MILLION)            147

TABLE 111            INDIA: WIND BLADE COMPOSITES MARKET, BY FIBER TYPE,

2023–2030 (KILOTONS)  148

TABLE 112            JAPAN: WIND BLADE COMPOSITES MARKET, BY FIBER TYPE,

2023–2030 (USD MILLION)            148

TABLE 113            JAPAN: WIND BLADE COMPOSITES MARKET, BY FIBER TYPE,

2023–2030 (KILOTONS)  149

TABLE 114            AUSTRALIA: WIND BLADE COMPOSITES MARKET, BY FIBER TYPE,

2023–2030 (USD MILLION)            149

TABLE 115            AUSTRALIA: WIND BLADE COMPOSITES MARKET, BY FIBER TYPE,

2023–2030 (KILOTONS)  150

TABLE 116            SOUTH KOREA: WIND BLADE COMPOSITES MARKET, BY FIBER TYPE,

2023–2030 (USD MILLION)            150

TABLE 117            SOUTH KOREA: WIND BLADE COMPOSITES MARKET, BY FIBER TYPE,

2023–2030 (KILOTONS)  151

TABLE 118            REST OF ASIA PACIFIC: WIND BLADE COMPOSITES MARKET, BY FIBER TYPE, 2023–2030 (USD MILLION)            151

TABLE 119            REST OF ASIA PACIFIC: WIND BLADE COMPOSITES MARKET, BY FIBER TYPE, 2023–2030 (KILOTONS)                 152

TABLE 120            SOUTH AMERICA: WIND BLADE COMPOSITES MARKET, BY FIBER TYPE,

2023–2030 (USD MILLION)            152

TABLE 121            SOUTH AMERICA: WIND BLADE COMPOSITES MARKET, BY FIBER TYPE,

2023–2030 (KILOTONS)  153

TABLE 122            SOUTH AMERICA: WIND BLADE COMPOSITES MARKET, BY RESIN TYPE,

2023–2030 (USD MILLION)            153

TABLE 123            SOUTH AMERICA: WIND BLADE COMPOSITES MARKET, BY RESIN TYPE,

2023–2030 (KILOTONS)  153

TABLE 124            SOUTH AMERICA: WIND BLADE COMPOSITES MARKET, BY BLADE SIZE,

2023–2030 (USD MILLION)            154

TABLE 125            SOUTH AMERICA: WIND BLADE COMPOSITES MARKET, BY BLADE SIZE,

2023–2030 (KILOTONS)  154

TABLE 126            SOUTH AMERICA: WIND BLADE COMPOSITES MARKET, BY APPLICATION,

2023–2030 (USD MILLION)            155

TABLE 127            SOUTH AMERICA: WIND BLADE COMPOSITES MARKET, BY APPLICATION,

2023–2030 (KILOTONS)  155

TABLE 128            SOUTH AMERICA: WIND BLADE COMPOSITES MARKET, BY COUNTRY,

2023–2030 (USD MILLION)            155

TABLE 129            SOUTH AMERICA: WIND BLADE COMPOSITES MARKET, BY COUNTRY,

2023–2030 (KILOTONS)  156

TABLE 130            BRAZIL: WIND BLADE COMPOSITES MARKET, BY FIBER TYPE,

2023–2030 (USD MILLION)            156

TABLE 131            BRAZIL: WIND BLADE COMPOSITES MARKET, BY FIBER TYPE,

2023–2030 (KILOTONS)  157

TABLE 132            ARGENTINA: WIND BLADE COMPOSITES MARKET, BY FIBER TYPE,

2023–2030 (USD MILLION)            157

TABLE 133            ARGENTINA: WIND BLADE COMPOSITES MARKET, BY FIBER TYPE,

2023–2030 (KILOTONS)  158

TABLE 134            REST OF SOUTH AMERICA: WIND BLADE COMPOSITES MARKET, BY FIBER TYPE, 2023–2030 (USD MILLION)            158

TABLE 135            REST OF SOUTH AMERICA: WIND BLADE COMPOSITES MARKET, BY FIBER TYPE, 2023–2030 (KILOTONS)                 159

TABLE 136            MIDDLE EAST & AFRICA: WIND BLADE COMPOSITES MARKET, BY FIBER TYPE, 2023–2030 (USD MILLION)            159

TABLE 137            MIDDLE EAST & AFRICA: WIND BLADE COMPOSITES MARKET, BY FIBER TYPE, 2023–2030 (KILOTONS)                 160

TABLE 138            MIDDLE EAST & AFRICA: WIND BLADE COMPOSITES MARKET, BY RESIN TYPE, 2023–2030 (USD MILLION)            160

TABLE 139            MIDDLE EAST & AFRICA: WIND BLADE COMPOSITES MARKET, BY RESIN TYPE, 2023–2030 (KILOTONS)                 160

TABLE 140            MIDDLE EAST & AFRICA: WIND BLADE COMPOSITES MARKET, BY BLADE SIZE, 2023–2030 (USD MILLION)            161

TABLE 141            MIDDLE EAST & AFRICA: WIND BLADE COMPOSITES MARKET, BY BLADE SIZE, 2023–2030 (KILOTONS)                 161

TABLE 142            MIDDLE EAST & AFRICA: WIND BLADE COMPOSITES MARKET, BY APPLICATION, 2023–2030 (USD MILLION)            162

TABLE 143            MIDDLE EAST & AFRICA: WIND BLADE COMPOSITES MARKET, BY APPLICATION, 2023–2030 (KILOTONS)       162

TABLE 144            MIDDLE EAST & AFRICA: WIND BLADE COMPOSITES MARKET, BY COUNTRY,

2023–2030 (USD MILLION)            162

TABLE 145            MIDDLE EAST & AFRICA: WIND BLADE COMPOSITES MARKET, BY COUNTRY,

2023–2030 (KILOTONS)  163

TABLE 146            EGYPT: WIND BLADE COMPOSITES MARKET, BY FIBER TYPE,

2023–2030 (USD MILLION)            163

TABLE 147            EGYPT: WIND BLADE COMPOSITES MARKET, BY FIBER TYPE,

2023–2030 (KILOTONS)  164

TABLE 148            MOROCCO: WIND BLADE COMPOSITES MARKET, BY FIBER TYPE,

2023–2030 (USD MILLION)            164

TABLE 149            MOROCCO: WIND BLADE COMPOSITES MARKET, BY FIBER TYPE,

2023–2030 (KILOTONS)  165

TABLE 150            REST OF MIDDLE EAST & AFRICA: WIND BLADE COMPOSITES MARKET,

BY FIBER TYPE, 2023–2030 (USD MILLION)            165

TABLE 151            REST OF MIDDLE EAST & AFRICA: WIND BLADE COMPOSITES MARKET,

BY FIBER TYPE, 2023–2030 (KILOTONS)  166

TABLE 152            WIND BLADE COMPOSITES MARKET: KEY STRATEGIES ADOPTED

BY MAJOR PLAYERS        167

TABLE 153            WIND BLADE COMPOSITES MARKET: DEGREE OF COMPETITION, 2024                 170

TABLE 158            WIND BLADE COMPOSITES MARKET: DETAILED LIST OF KEY STARTUPS/SMES   181

TABLE 159            WIND BLADE COMPOSITES MARKET: COMPETITIVE BENCHMARKING

OF KEY STARTUPS/SMES              182

TABLE 160            WIND BLADE COMPOSITES MARKET: PRODUCT LAUNCHES,

JANUARY 2021–JANUARY 2025     184

TABLE 161            WIND BLADE COMPOSITES MARKET: DEALS, JANUARY 2021–JANUARY 2025     184

TABLE 162            WIND BLADE COMPOSITES MARKET: EXPANSIONS,

JANUARY 2021–JANUARY 2025     185

TABLE 163            WIND BLADE COMPOSITES MARKET: OTHERS, JANUARY 2021–JANUARY 2025     186

TABLE 164            GURIT SERVICES AG: COMPANY OVERVIEW                 187

TABLE 165            GURIT SERVICES AG: PRODUCTS OFFERED                 188

TABLE 166            GURIT SERVICES AG: DEALS       189

TABLE 167            CHINA NATIONAL BUILDING MATERIAL GROUP CORPORATION:

COMPANY OVERVIEW   191

TABLE 168            CHINA NATIONAL BUILDING MATERIAL GROUP CORPORATION:

PRODUCTS OFFERED    192

TABLE 169            HEXCEL CORPORATION: COMPANY OVERVIEW                 194

TABLE 170            HEXCEL CORPORATION: PRODUCTS OFFERED                 195

TABLE 171            TORAY INDUSTRIES, INC.: COMPANY OVERVIEW          197

TABLE 172            TORAY INDUSTRIES, INC.: PRODUCTS OFFERED                 198

TABLE 173            CHINA JUSHI CO., LTD.: COMPANY OVERVIEW                 200

TABLE 174            CHINA JUSHI CO., LTD.: PRODUCTS/SOLUTIONS/SERVICES OFFERED    201

TABLE 175            CHINA JUSHI CO., LTD.: EXPANSIONS    204

TABLE 176            CHINA JUSHI CO., LTD.: OTHERS               204

TABLE 177            ROCHLING SE & CO. KG: COMPANY OVERVIEW                 206

TABLE 178            ROCHLING SE & CO. KG: PRODUCTS OFFERED                 206

TABLE 179            SGL CARBON: COMPANY OVERVIEW      208

TABLE 180            SGL CARBON: PRODUCTS OFFERED       209

TABLE 181            DOWAKSA: COMPANY OVERVIEW            211

TABLE 182            DOWAKSA: PRODUCTS OFFERED             211

TABLE 183            DOWAKSA: DEALS           212

TABLE 184            EXEL COMPOSITES: COMPANY OVERVIEW                 214

TABLE 185            EXEL COMPOSITES: PRODUCTS OFFERED                 215

TABLE 186            EXEL COMPOSITE: DEALS            215

TABLE 187            EXEL COMPOSITE: OTHERS        216

TABLE 188            EVONIK: COMPANY OVERVIEW 217

TABLE 189            EVONIK: PRODUCTS OFFERED 218

TABLE 190            ARKEMA: COMPANY OVERVIEW                221

TABLE 191            ARKEMA: PRODUCTS OFFERED 222

TABLE 192            ARKEMA: OTHERS            223

TABLE 193            TEIJIN LIMITED: COMPANY OVERVIEW 225

TABLE 194            TEIJIN LIMITED: PRODUCTS OFFERED  226

TABLE 195            OWENS CORNING: COMPANY OVERVIEW                 228

TABLE 196            OWENS CORNING: PRODUCTS OFFERED                 229

TABLE 197            EXXON MOBIL CORPORATION: COMPANY OVERVIEW          231

TABLE 198            EXXON MOBIL CORPORATION: PRODUCTS OFFERED             232

TABLE 199            HUNTSMAN INTERNATIONAL LLC: COMPANY OVERVIEW          234

TABLE 200            HUNTSMAN INTERNATIONAL LLC: PRODUCTS OFFERED             235

TABLE 201            HUNTSMAN INTERNATIONAL LLC: PRODUCT LAUNCHES          236

TABLE 202            PULTREX LTD: COMPANY OVERVIEW    238

TABLE 203            EPSILON COMPOSITE: COMPANY OVERVIEW                 239

TABLE 204            AERON COMPOSITE LIMITED: COMPANY OVERVIEW          239

TABLE 205            WESTLAKE CORPORATION: COMPANY OVERVIEW          240

TABLE 206            ELAN COMPOSITES: COMPANY OVERVIEW                 240

TABLE 207            NORTHERN LIGHT COMPOSITES: COMPANY OVERVIEW          241

TABLE 208            JIUDING NEW MATERIAL CO., LTD.: COMPANY OVERVIEW          241

TABLE 209            HS HYOSUNG ADVANCED MATERIALS: COMPANY OVERVIEW   242

TABLE 210            INDORE COMPOSITE: COMPANY OVERVIEW                 242

TABLE 211            RELIANCE INDUSTRIES LTD.: COMPANY OVERVIEW          243

LIST OF FIGURES

FIGURE 1              WIND BLADE COMPOSITES MARKET: SEGMENTATION AND REGIONAL SCOPE              26

FIGURE 2              WIND BLADE COMPOSITES MARKET: RESEARCH DESIGN         29

FIGURE 3              WIND BLADE COMPOSITES MARKET: BOTTOM-UP APPROACH  33

FIGURE 4              WIND BLADE COMPOSITES MARKET: TOP-DOWN APPROACH          33

FIGURE 5              WIND BLADE COMPOSITES MARKET: DATA TRIANGULATION             36

FIGURE 6              CARBON FIBER SEGMENT TO RECORD HIGHEST CAGR DURING FORECAST PERIOD      39

FIGURE 7              EPOXY SEGMENT TO DOMINATE MARKET IN 2030        40

FIGURE 8              UP TO 50 METERS SEGMENT TO LEAD MARKET IN 2030  40

FIGURE 9              ONSHORE WIND TURBINES SEGMENT TO DOMINATE MARKET IN 2030       41

FIGURE 10            ASIA PACIFIC TO REGISTER HIGHEST CAGR DURING FORECAST PERIOD       42

FIGURE 11            INCREASING GOVERNMENT-LED INVESTMENTS IN EXPANDING WIND ENERGY INFRASTRUCTURE TO CREATE LUCRATIVE OPPORTUNITIES FOR MARKET PLAYERS 43

FIGURE 12            GLASS FIBER SEGMENT AND ASIA PACIFIC DOMINATED WIND BLADE

COMPOSITES MARKET IN 2024   44

FIGURE 13            CARBON FIBER SEGMENT TO REGISTER HIGHEST CAGR DURING

FORECAST PERIOD         44

FIGURE 14            EPOXY SEGMENT TO ACCOUNT FOR LARGEST MARKET SHARE IN 2030 45

FIGURE 15            OVER 50 METERS SEGMENT TO REGISTER HIGHER CAGR DURING

FORECAST PERIOD         45

FIGURE 16            OFFSHORE WIND TURBINES SEGMENT TO REGISTER HIGHER

CAGR DURING FORECAST PERIOD          46

FIGURE 17            INDIA TO REGISTER HIGHEST CAGR DURING FORECAST PERIOD         46

FIGURE 18            WIND BLADE COMPOSITES MARKET: DRIVERS, RESTRAINTS,

OPPORTUNITIES, AND CHALLENGES     47

FIGURE 19            DEVELOPMENT OF NEW WIND TURBINE INSTALLATIONS, 2020–2024 (GW)              48

FIGURE 20            WIND BLADE COMPOSITES MARKET: PORTER’S FIVE FORCES ANALYSIS 51

FIGURE 21            INFLUENCE OF STAKEHOLDERS ON BUYING PROCESS FOR MAJOR APPLICATIONS    53

FIGURE 22            BUYING CRITERIA FOR KEY APPLICATIONS                 54

FIGURE 23            AVERAGE SELLING PRICE TREND OF WIND BLADE COMPOSITES OFFERED

BY KEY PLAYERS, BY APPLICATION, 2024 (USD/KG)         55

FIGURE 24            AVERAGE SELLING PRICE TREND OF WIND BLADE COMPOSITES,

BY FIBER TYPE, 2021–2024 (USD/KG)       56

FIGURE 25            AVERAGE SELLING PRICE TREND OF WIND BLADE COMPOSITES,

BY RESIN TYPE, 2021–2024 (USD/KG)       57

FIGURE 26            AVERAGE SELLING PRICE TREND OF WIND BLADE COMPOSITES,

BY BLADE SIZE, 2021–2024 (USD/KG)       58

FIGURE 27            AVERAGE SELLING PRICE TREND OF WIND BLADE COMPOSITES,

BY APPLICATION, 2021–2024 (USD/KG)  59

FIGURE 28            AVERAGE SELLING PRICE TREND OF WIND BLADE COMPOSITES,

BY REGION, 2021–2024 (USD/KG)               59

FIGURE 29            WIND BLADE COMPOSITES MARKET: VALUE CHAIN ANALYSIS              63

FIGURE 30            WIND BLADE COMPOSITES MARKET: SUPPLY CHAIN ANALYSIS              64

FIGURE 31            WIND BLADE COMPOSITES MARKET: KEY STAKEHOLDERS IN ECOSYSTEM               65

FIGURE 32            EXPORT DATA FOR HS CODE 7019-COMPLIANT PRODUCTS,

BY KEY COUNTRY, 2021–2024 (USD THOUSAND)                67

FIGURE 33            IMPORT DATA FOR HS CODE 7019-COMPLIANT PRODUCTS,

BY KEY COUNTRY, 2021–2024 (USD THOUSAND)                68

FIGURE 34            EXPORT DATA FOR HS CODE 681511-COMPLIANT PRODUCTS,

BY KEY COUNTRY, 2021–2024 (USD THOUSAND)                69

FIGURE 35            IMPORT DATA FOR HS CODE 681511-COMPLIANT PRODUCTS,

BY KEY COUNTRY, 2021–2024 (USD THOUSAND)                70

FIGURE 36            PATENT ANALYSIS, BY DOCUMENT TYPE, 2015–2025        73

FIGURE 37            PATENT PUBLICATION TRENDS, 2015−2025                 73

FIGURE 38            LEGAL STATUS OF PATENTS, 2015–2025 74

FIGURE 39            US JURISDICTION REGISTERED HIGHEST NUMBER OF PATENTS

BETWEEN 2015 AND 2025               74

FIGURE 40            GENERAL ELECTRIC REGISTERED HIGHEST NUMBER OF PATENTS

BETWEEN 2015 AND 2025               75

FIGURE 41            TRENDS/DISRUPTIONS IMPACTING CUSTOMER BUSINESS   83

FIGURE 42            WIND BLADE COMPOSITES MARKET: DEALS AND FUNDING,

2020–2024 (USD MILLION)            85

FIGURE 43            WIND BLADE COMPOSITES MARKET: COMPANY VALUATION, 2024 (USD BILLION)             85

FIGURE 44            CARBON FIBER SEGMENT TO REGISTER HIGHEST CAGR

DURING FORECAST PERIOD       95

FIGURE 45            EPOXY SEGMENT TO HOLD LARGEST MARKET SHARE IN 2025   102

FIGURE 46            OVER 50 METERS SEGMENT TO REGISTER HIGHER CAGR

DURING FORECAST PERIOD       109

FIGURE 47            OFFSHORE WIND TURBINES SEGMENT TO REGISTER HIGHER

CAGR DURING FORECAST PERIOD          114

FIGURE 48            INDIA TO REGISTER HIGHEST GROWTH DURING FORECAST PERIOD       119

FIGURE 49            NORTH AMERICA: WIND BLADE COMPOSITES MARKET SNAPSHOT       121

FIGURE 50            EUROPE: WIND BLADE COMPOSITES MARKET SNAPSHOT          129

FIGURE 51            ASIA PACIFIC: WIND BLADE COMPOSITES MARKET SNAPSHOT       142

FIGURE 52            WIND BLADE COMPOSITES MARKET: REVENUE ANALYSIS OF

KEY PLAYERS, 2020–2024 (USD MILLION)               169

FIGURE 53            WIND BLADE COMPOSITES MARKET SHARE ANALYSIS, 2024  170

FIGURE 54            WIND BLADE COMPOSITES MARKET: BRAND/PRODUCT COMPARATIVE ANALYSIS     173

FIGURE 55            WIND BLADE COMPOSITES MARKET: COMPANY EVALUATION

MATRIX (KEY PLAYERS), 2024     175

FIGURE 56            WIND BLADE COMPOSITES MARKET: COMPANY FOOTPRINT       176

FIGURE 57            WIND BLADE COMPOSITES MARKET: COMPANY EVALUATION MATRIX (STARTUPS/SMES), 2024 181

FIGURE 58            WIND BLADE COMPOSITES MARKET: EV/EBITDA OF KEY VENDORS, 2025         183

FIGURE 59            WIND BLADE COMPOSITES MARKET: YEAR-TO-DATE (YTD) PRICE

TOTAL RETURN AND 5-YEAR STOCK BETA OF KEY VENDORS, 2025        183

FIGURE 60            GURIT SERVICES AG: COMPANY SNAPSHOT                 188

FIGURE 61            CHINA NATIONAL BUILDING MATERIAL GROUP CORPORATION:

COMPANY SNAPSHOT   192

FIGURE 62            HEXCEL CORPORATION: COMPANY SNAPSHOT                 195

FIGURE 63            TORAY INDUSTRIES, INC.: COMPANY SNAPSHOT          198

FIGURE 64            CHINA JUSHI CO., LTD.: COMPANY SNAPSHOT                 201

FIGURE 65            SGL CARBON: COMPANY SNAPSHOT      209

FIGURE 66            EXEL COMPOSITES: COMPANY SNAPSHOT                 214

FIGURE 67            EVONIK: COMPANY SNAPSHOT 218

FIGURE 68            ARKEMA: COMPANY SNAPSHOT               222

FIGURE 69            TEIJIN LIMITED: COMPANY SNAPSHOT 226

FIGURE 70            OWENS CORNING: COMPANY SNAPSHOT                 229

FIGURE 71            EXXON MOBIL CORPORATION: COMPANY SNAPSHOT          232

FIGURE 72            HUNTSMAN INTERNATIONAL LLC: COMPANY SNAPSHOT          235