Wind Turbine Composites Material Market worth $5.5 Billion by 2020

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MarketsandMarkets Presents
Wind Turbine Composites Material Market by Fiber
Type, Resin Type, Application and Region - Global
Trends Forecast to 2020
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Wind Turbine Composites Material Market worth
5.5 Billion by 2020
The report Wind Turbine Composites Material
Market by Fiber Type (Glass Fiber Composite,
Carbon Fiber), Resin Type (Epoxy, Polyester,
Polyurethane, Vinyl Ester, Etc.), Application
(Blade, Nacelle, Etc), and by Region - Global
Trends Forecast to 2020, defines and segments
the global composite market for wind turbine with
an analysis and forecast of its global volume and
value.
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Wind Turbine Composites Material Market worth
5.5 Billion by 2020
Browse gtgt 75 data tables
56 figures
160 pages and in-depth TOC on Wind Turbine
Composites Material Market This is a Premium
Report Priced at US 4650 for single user. Early
buyers will receive 10 customization on this
report. The wind turbine composite material
market is expected to grow at a CAGR of 7 to 8
from 2015 to 2020. At the estimated growth rate,
the market is expected to be worth 5.5 billion
by 2020.
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Wind Turbine Composites Material Market worth
5.5 Billion by 2020
Asia-Pacific The biggest market of composites
used in wind turbines The Asia-Pacific region
was the worlds largest market for composite wind
turbines in 2014. China is the key consumer of
wind composite in Asia-Pacific. Growth of
installed wind power capacity in China and India
is one of the biggest drivers for this market in
Asia pacific region. China set a new record for
annual installations in 2014, by increasing the
new wind generating capacity by more than 45 as
compared to 2013. Various product launches, and
expansions have in turn made the regions a
potential growth market for wind composite.
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Wind Turbine Composites Material Market worth
5.5 Billion by 2020
Glass Fiber Composite is the biggest material
Type Glass fiber composite is the biggest
composite material used in wind turbine driven by
its high demand for manufacturing wind turbine
blades. Carbon fiber composite finds its usage
mostly in spar and structural element of wind
blades, whereas its usage in longer blades is
limited primarily because of its high cost.
Carbon fiber composite are projected to grow at a
healthy rate in the projected period.
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Wind Turbine Composites Material Market worth
5.5 Billion by 2020
Toray Industries (Japan), Cytec Industries Inc.
(U.S.), Royal TenCate nv (Netherlands), Gurit
Holding AG (Switzerland), Hexel Corporation
(U.S.), and Teijin Limited (Japan) are some of
the major supplier of wind composites material.
Company profiling and competitive strategies
adopted by top composites wind turbine blade
manufacturers such as HT blades (China), TPI
Composites (U.S.), Vestas Wind Systems A/S
(Denmark), Gamesa (Spain), LM Wind Power Group
(Denmark) etc. are also covered in the report.
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Wind Turbine Composites Material Market worth
5.5 Billion by 2020
The report also defines driving and restraining
factors for the global composite market for wind
turbine with the analysis of trends,
opportunities, burning issues, winning
imperatives, and challenges. Additionally, the
market is forecasted on the basis of major
regions, such as North America, Europe,
Asia-Pacific, and Rest of the World (RoW) by both
value and volume. The regional wind turbine
composite market is further segmented on the
basis of major countries such as China, U.S.,
Germany, Spain, U.K., India, Canada, France,
Brazil, etc. Purchase a Copy of this Report
Today !
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