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Opportunities of composites in the Global Energy Market (2010 - 2015)

 

By: marketsandmarkets.com
Publishing Date: March 2012
Report Code: AD 1074

 




The energy industry has always been on the look out for materials which would be lighter and stronger than the conventional steel used for turbines. Composites gave them the easy solution as its almost six times lighter than steel and has higher tensile strength. Blades for hydro-turbines and wind turbines have been the biggest application area for composites. Apart from these blades, there are other application areas for composites like the shaft of the turbines, etc. With the demand for energy, both renewable and non-renewable, touching unparalleled heights, there would be an increasing demand for composites in the energy sector. Our report covers all the essential types of energy sources and analyzes the impact of composites on these markets. It highlights the trends and forecasts for the composite demand in these sectors and also specifically mentions the parts and design features for composites in the systems.

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