Wind Turbine Blade Materials Market Segmentation, Statistics, Challenges, Historical Analysis and Industry Outlook 2031
Wind Turbine Blade Materials Market Segmentation, Statistics, Challenges, Historical Analysis and Industry Outlook 2031
Published by TMR Research Insights
Posted on August 9, 2021
Wind Turbine Blade Materials: Introduction
Blades are an important part of a wind turbine, and these are expensive components of a turbine. Wind turbine blades consist of two faces, one is the suction side and the other is the pressure side. These are joined together and stiffened by one or several integral webs linking the upper and lower parts of the blade shell. Blades are vulnerable components of a wind turbine, as these are susceptible to lightening. Composite materials are utilized to manufacture blades of turbines.
Key Drivers and Restraints of Global Wind Turbine Blade Materials Market
The wind turbine blade materials market has expanded significantly in the last few years. This can be primarily ascribed to the high performance of wind turbines and increasing recognition of renewable energy globally. Wind turbine blade materials play an important role in addressing several issues associated with the use of fossil fuels for the generation of energy. The global wind turbine blade materials market is anticipated to expand at a rapid pace during the forecast period due to an increase in the number of wind power generation projects, technology advancements, rise in government subsidies, growing environmental concerns, and an increase in the demand for renewable energy across the globe.
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Rise in investments for and provision of clean energy incentives schemes for the development of renewable energy is expected to be a major factor driving the wind turbine blade materials market. Lack of grid infrastructure, which leads to the curtailment of power, and lack of skilled labor and capital in certain countries restrain the global wind turbine blades material market.
Request for Covid-19 Impact Analysis on wind turbine blade materials market:
In terms of fiber, the global wind turbine blade materials market can be segmented into carbon fiber and glass fiber
The glass fiber segment is expected to account for a significant share of the global wind turbine blade materials market during the forecast period, as these possess better properties, such as chemical resistance, strength, and stiffness, as compared to that possessed by carbon fiber.
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In terms of resin, the global wind turbine blade materials market can be classified into epoxy, polyester, and vinyl ester
The epoxy segment is estimated to expand at a rapid pace during the forecast period due to its lower temperature cure and lower viscosity as compared to that of other alternatives
Wind Turbine Blade Materials: Manufacturing Process Segment
In terms of manufacturing process, the global wind turbine blade materials market can be divided into hand lay-up technology, vacuum infusion, prepreg, and resin infusion technology
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The resin infusion technology segment can be further sub-segmented into resin transfer molding and vacuum assisted resin transfer molding. Presently, vacuum assisted resin transfer molding is extensively employed to manufacture wind turbine blades.
Wind Turbine Blade Materials: Application Segment
In terms of application, the global wind turbine blade materials market can be bifurcated into onshore and offshore
The onshore segment is estimated to expand at a rapid pace during the forecast period owing to an increase in the demand for renewable energy for residential purposes
COVID-19 Impact on Wind Turbine Blade Materials Market
On January 30, 2020, the International Health Regulations Emergency Committee of the World Health Organization (WHO) declared the Coronavirus disease (COVID-19) outbreak a public health emergency of international concern. Originating in China, the virus has spread to at least 213 countries and territories around the world.
Several governments and private sector businesses are operating at a limited capacity or have ceased operations completely due to recent events surrounding the COVID-19 pandemic
Manufacture of various consumer goods and other products across the globe has come to a halt due to the unavailability of raw materials, shortage of labor, etc. This is expected to hamper the wind turbine blade materials market.
Asia Pacific to Dominate Wind Turbine Blade Materials Market
In terms of region, the global wind turbine blade materials market can be divided into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa
Asia Pacific dominated the wind turbine blade materials market in 2020. This trend is anticipated to continue during the forecast period. This can be ascribed to the high demand for renewable energy sources; rise in the demand for lightweight and high strength materials used in the manufacturing of various parts of wind turbines; and supportive government initiatives such as favorable policies and wind power development programs; and government regulations regarding renewable energy. However, the wind turbine blade materials market in Europe is anticipated to expand at a rapid pace owing to an increase in wind installation capacity, which is more than that of any other form of power generation in Europe.
Key Manufacturers Operating in Global Wind Turbine Blade Materials Market
The global wind turbine blade materials market was consolidated in 2020. Major players have prominent presence in developed and developing countries. Key manufacturers operating in the global wind turbine blade materials market include:
Transparency Market Research is a global market intelligence company, providing global business information reports and services. Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insight for thousands of decision makers. Our experienced team of Analysts, Researchers, and Consultants, use proprietary data sources and various tools and techniques to gather, and analyze information.
Our data repository is continuously updated and revised by a team of research experts, so that it always reflects the latest trends and information. With a broad research and analysis capability, Transparency Market Research employs rigorous primary and secondary research techniques in developing distinctive data sets and research material for business reports.
Blades are an important part of a wind turbine, and these are expensive components of a turbine. Wind turbine blades consist of two faces, one is the suction side and the other is the pressure side. These are joined together and stiffened by one or several integral webs linking the upper and lower parts of the blade shell. Blades are vulnerable components of a wind turbine, as these are susceptible to lightening. Composite materials are utilized to manufacture blades of turbines.
Key Drivers and Restraints of Global Wind Turbine Blade Materials Market
The wind turbine blade materials market has expanded significantly in the last few years. This can be primarily ascribed to the high performance of wind turbines and increasing recognition of renewable energy globally. Wind turbine blade materials play an important role in addressing several issues associated with the use of fossil fuels for the generation of energy. The global wind turbine blade materials market is anticipated to expand at a rapid pace during the forecast period due to an increase in the number of wind power generation projects, technology advancements, rise in government subsidies, growing environmental concerns, and an increase in the demand for renewable energy across the globe.
Strong expertise with attention to detail makes our market research reports stand apart. Download PDF Brochure –
Rise in investments for and provision of clean energy incentives schemes for the development of renewable energy is expected to be a major factor driving the wind turbine blade materials market. Lack of grid infrastructure, which leads to the curtailment of power, and lack of skilled labor and capital in certain countries restrain the global wind turbine blades material market.
Request for Covid-19 Impact Analysis on wind turbine blade materials market:
In terms of fiber, the global wind turbine blade materials market can be segmented into carbon fiber and glass fiber
The glass fiber segment is expected to account for a significant share of the global wind turbine blade materials market during the forecast period, as these possess better properties, such as chemical resistance, strength, and stiffness, as compared to that possessed by carbon fiber.
Buy our Premium Research Report on wind turbine blade materials market @
In terms of resin, the global wind turbine blade materials market can be classified into epoxy, polyester, and vinyl ester
The epoxy segment is estimated to expand at a rapid pace during the forecast period due to its lower temperature cure and lower viscosity as compared to that of other alternatives
Wind Turbine Blade Materials: Manufacturing Process Segment
In terms of manufacturing process, the global wind turbine blade materials market can be divided into hand lay-up technology, vacuum infusion, prepreg, and resin infusion technology
More Trending Reports by Transparency Market Research –
The resin infusion technology segment can be further sub-segmented into resin transfer molding and vacuum assisted resin transfer molding. Presently, vacuum assisted resin transfer molding is extensively employed to manufacture wind turbine blades.
Wind Turbine Blade Materials: Application Segment
In terms of application, the global wind turbine blade materials market can be bifurcated into onshore and offshore
The onshore segment is estimated to expand at a rapid pace during the forecast period owing to an increase in the demand for renewable energy for residential purposes
COVID-19 Impact on Wind Turbine Blade Materials Market
On January 30, 2020, the International Health Regulations Emergency Committee of the World Health Organization (WHO) declared the Coronavirus disease (COVID-19) outbreak a public health emergency of international concern. Originating in China, the virus has spread to at least 213 countries and territories around the world.
Several governments and private sector businesses are operating at a limited capacity or have ceased operations completely due to recent events surrounding the COVID-19 pandemic
Manufacture of various consumer goods and other products across the globe has come to a halt due to the unavailability of raw materials, shortage of labor, etc. This is expected to hamper the wind turbine blade materials market.
Asia Pacific to Dominate Wind Turbine Blade Materials Market
In terms of region, the global wind turbine blade materials market can be divided into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa
Asia Pacific dominated the wind turbine blade materials market in 2020. This trend is anticipated to continue during the forecast period. This can be ascribed to the high demand for renewable energy sources; rise in the demand for lightweight and high strength materials used in the manufacturing of various parts of wind turbines; and supportive government initiatives such as favorable policies and wind power development programs; and government regulations regarding renewable energy. However, the wind turbine blade materials market in Europe is anticipated to expand at a rapid pace owing to an increase in wind installation capacity, which is more than that of any other form of power generation in Europe.
Key Manufacturers Operating in Global Wind Turbine Blade Materials Market
The global wind turbine blade materials market was consolidated in 2020. Major players have prominent presence in developed and developing countries. Key manufacturers operating in the global wind turbine blade materials market include:
Transparency Market Research is a global market intelligence company, providing global business information reports and services. Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insight for thousands of decision makers. Our experienced team of Analysts, Researchers, and Consultants, use proprietary data sources and various tools and techniques to gather, and analyze information.
Our data repository is continuously updated and revised by a team of research experts, so that it always reflects the latest trends and information. With a broad research and analysis capability, Transparency Market Research employs rigorous primary and secondary research techniques in developing distinctive data sets and research material for business reports.
