US Wind Turbine Composites Market (2025-2030)
The US Wind Turbine Composites Market was valued at $598.8 Million in 2025 and projected to reach to $911.9 Million by 2030, representing a compound annual growth rate of 8.8%. The US wind turbine composites market is positioned for sustained growth through 2030, supported by aggressive renewable energy targets and infrastructure investments.
| Market Size in | USD 26.32 MN |
| Market Forecast in | |
| CAGR | |
| Forecast Period | |
| Units Considered | Value (USD MN) |
US Wind Turbine Composites Market Trends and Insights
- This expansion reflects the US commitment to renewable energy infrastructure and the critical role composites play in manufacturing lightweight, durable turbine blades and components.
- The US market benefits from substantial federal incentives, technological advancements in composite materials, and increasing domestic wind capacity installations across onshore and offshore projects. Driving this 8.8% compound annual growth rate, the US wind sector continues to prioritize composite materials for their superior strength-to-weight ratios and cost efficiency.
- The US market is supported by a mature supply chain, established OEM partnerships, and growing demand for next-generation turbine designs.
- Between 2025 and 2030, the US is expected to see accelerated adoption of advanced composite resins, reinforcement fibers, and manufacturing processes that enhance turbine performance and longevity. The US wind turbine composites market remains strategically important to the nation's clean energy transition, with regional manufacturers and suppliers competing to meet rising demand from utility-scale and distributed wind projects..
Key Market Statistics
- CAGR (2025-2030) 8.8% CAGR
- Market Size, 2025 ~USD 598.8 Million
- Forecast, 2030 ~USD 911.9 Million
- Country US
US Wind Turbine Composites Market Overview
Market Valuation Growth :
The US wind turbine composites market is valued at $598.8 million in 2025, with a projected CAGR of 8.8% through 2030, reaching $911.9 million. This represents a 52.3% increase over the five-year forecast period, driven by accelerating renewable energy adoption across the nation.
Federal Incentive Support :
US federal tax credits, production tax credits (PTC), and investment tax credits (ITC) significantly reduce manufacturing costs and incentivize domestic composite production. These government policies create a favorable environment for market expansion and attract capital investment in advanced composite technologies.
Blade Manufacturing Innovation :
US manufacturers are increasingly adopting advanced composite materials for turbine blade production, focusing on weight reduction, durability, and cost efficiency. Innovations in carbon fiber and glass fiber composites enable longer blade designs that improve energy capture and turbine performance.
Domestic Supply Chain Development :
The US is strengthening its domestic composite supply chain to reduce import dependency and support the Biden administration's clean energy goals. Investments in local manufacturing facilities and raw material processing are creating new opportunities for market participants and reducing lead times.
US Wind Turbine Composites Market Dynamics
- The Inflation Reduction Act and other legislative measures continue to drive demand for domestically-produced composite components, while technological advancements reduce manufacturing costs and improve material performance.
- Offshore wind development presents additional growth opportunities, requiring specialized composite solutions for marine environments.
- Market consolidation among suppliers and increased vertical integration are expected as manufacturers scale production to meet rising demand from utility-scale wind projects across the country..
Related Ecosystem
Fibers And Composites
- Polyetheretherketone (PEEK)
- Polyphenylene Sulfide (PPS)
- Epoxy Resin
- Polycarbonate
- Polyester Resin
- Toray Industries, Inc.
- Teijin Limited
- Sgl carbon se
- Hexcel Corporation
- Solvay sa
Key Takeaways
- The US wind turbine composites market is valued at $598.8 million in 2025 and is forecast to reach $911.9 million by 2030, representing an 8.8% CAGR.
- The US market is driven by federal renewable energy incentives, offshore wind expansion, and demand for lightweight, high-performance turbine components.
- Advanced composite materials, including carbon fiber and glass fiber reinforced polymers, are increasingly adopted across the US wind industry for enhanced durability and efficiency.
- The US competitive landscape includes established composite manufacturers, wind turbine OEMs, and specialized suppliers investing in innovation and domestic production capacity.
Wind Turbine Composites Market Report Scope
| Report Metric | Details |
|---|---|
| Base Year | 2025 |
| Fastest Growing Segment | OFFSHORE WIND TURBINES (Application) |
| Forecast Period | 2025–2030 |
| Growth Rate | CAGR of 10.3% from 2025 to 2030 |
| Largest Segment | ONSHORE WIND TURBINES (Application) |
| Market Size Base Year (Billions) | ~USD 17.67 (2025) |
| Revenue Forecast (Billions) | ~USD 28.85 (2030) |
| Segments Covered | Resin Type, Fiber Type, Manufacturing Process, Component, Application |
US Wind Turbine Composites Market Report Segmentation
5 segment dimensions are covered across the global market.
By Resin Type
- Epoxy
- Other Resin Types
- Polyurethane
By Fiber Type
- Carbon Fiber
- Glass Fiber
- Other Fiber Types
By Manufacturing Process
- Filament Winding
- Other Manufacturing Processes
- Vartm/Vi
By Component
- Blades
- Nacelles
- Other Components
By Application
- Offshore Wind Turbines
- Onshore Wind Turbines
Target Audience
- Composite Material Manufacturers : Manufacturers need detailed US market data to assess demand forecasts, identify capacity expansion opportunities, and develop targeted sales strategies for wind turbine composite products and solutions.
- Wind Turbine OEMs : Original equipment manufacturers require market intelligence to optimize supply chain sourcing, evaluate composite supplier capabilities, and align production planning with US market growth projections.
- Investment & Private Equity Firms : Investors need comprehensive market analysis to evaluate investment opportunities in US composite manufacturers, identify high-growth segments, and assess risk-return profiles for portfolio decisions.
- Government & Policy Makers : Policy officials and government agencies use market data to evaluate the effectiveness of renewable energy incentives, plan infrastructure investments, and develop domestic manufacturing support strategies.
- Raw Material Suppliers : Suppliers of carbon fiber, glass fiber, and resin systems need market forecasts to plan production capacity, optimize inventory management, and identify growth opportunities in the US wind composite supply chain.
Key Companies in the US Wind Turbine Composites Market
| Company | HQ | Ownership | Strongest segments |
|---|---|---|---|
| CHINA NATIONAL BUILDING MATERIAL GROUP CORPORATION | China | Private Company | Cement & Clinker,Commercial Concrete & Aggregates,Gypsum Boards & Building Products, |
| HEXCEL CORPORATION | United States | Public Company | Composite Materials,Engineered Products, |
| TORAY INDUSTRIES, INC. | Japan | Public Company | Fibers and Textiles,Performance Chemicals (Resins, Films, Fine Chemicals, Electronic Materials),Carbon Fiber Composite Materials, |
| CHINA JUSHI CO., LTD. | China | Public Company | Fiberglass rovings, mats, and woven rovings,Glass yarns and electronic fabrics,Composite materials and engineered plastics, |
| SGL CARBON | Germany | Public Company | Graphite Solutions,Process Technology,Carbon Fibers, |
| EXEL COMPOSITES | Finland | Public Company | Transportation profiles (bus, coach, rail, truck, trailer, automotive),Building and structural profiles (windows, doors, sunshades, awnings, standard profiles),Telecoms composites (4G, 5G macro, MIMO, small cell mmWave), |
| EVONIK | Germany | Public Company | Advanced Technologies,Custom Solutions,Infrastructure, |
| ARKEMA | France | Public Company | Advanced Materials (high-performance polymers, fluorospecialties, PEKK, polyimides),Adhesive Solutions (construction, renovation, DIY, packaging, non-wovens, durable goods),Coating Solutions (acrylics, coating resins, photocure resins, rheology additives, decorative paints), |
| TEIJIN LIMITED | Japan | Public Company | Aramid and High-Performance Fibers,Carbon/Glass Fiber Composites and Resins,Films and Engineered Plastics (PC, PPS, Microporous), |
| OWENS CORNING | United States | Public Company | Roofing (laminate and strip asphalt shingles, roofing components, oxidized asphalt),Insulation (PINK, Next Gen, FIBERGLAS, FOAMULAR, FOAMGLAS, Paroc),Doors (residential interior and exterior doors and components), |
| EXXONMOBIL CORPORATION | United States | Public Company | Upstream (crude oil and natural gas),Energy Products (fuels, aromatics, catalysts, licensing),Chemical Products (olefins, polyolefins, intermediates), |
| HUNTSMAN INTERNATIONAL LLC | United States | Private Company | MDI, polyols, and polyurethane systems,Thermoplastic polyurethane and related intermediates (aniline, benzene, nitrobenzene),Amines, maleic anhydride, and carbonates, |
CHINA NATIONAL BUILDING MATERIAL GROUP CORPORATION
China National Building Material Group Corporation is a large Chinese private company established in 1981, employing approximately 170,000 people.
HEXCEL CORPORATION
Hexcel Corporation is a publicly traded American manufacturer founded in 1946 with 5,563 employees.
TORAY INDUSTRIES, INC.
Toray Industries, Inc. is a Japanese public company established in 1926 with a workforce of 46,294 employees.
CHINA JUSHI CO., LTD.
China Jushi Co., Ltd. is a publicly listed Chinese company founded in 1998 with 14,341 employees.
SGL CARBON
SGL Carbon is a publicly traded German company founded in 1878 with 3,577 employees.
EXEL COMPOSITES
Exel Composites is a Finnish public company founded in 1960 with 656 employees.
EVONIK
Evonik is a publicly traded German company with roots dating back to 1847, employing 30,643 people.
ARKEMA
Arkema is a French public company founded in 2003 with 20,700 employees.
TEIJIN LIMITED
Teijin Limited is a Japanese public company established in 1918 with 15,689 employees.
OWENS CORNING
Owens Corning is a publicly traded American company founded in 1938 with 25,000 employees.
EXXONMOBIL CORPORATION
ExxonMobil Corporation is a large publicly traded American company established in 1870 with 57,900 employees.
HUNTSMAN INTERNATIONAL LLC
Huntsman International LLC is an American private company founded in 1970 with 6,000 employees.
Reasons to Buy this Report
- Strategic Market Sizing : Obtain precise valuation data for the US market segment with detailed CAGR analysis, enabling accurate financial forecasting and investment decision-making specific to the American wind turbine composites sector.
- Competitive Landscape Intelligence : Understand the competitive dynamics, market share distribution, and key player strategies within the US market to identify partnership opportunities, acquisition targets, and competitive positioning strategies.
- Regulatory & Incentive Analysis : Access comprehensive insights into US federal incentives, tax credits, and policy frameworks that directly impact market growth, helping stakeholders optimize business models and capitalize on government support programs.
- Technology & Innovation Trends : Identify emerging composite technologies, material innovations, and manufacturing processes gaining traction in the US market, enabling R&D prioritization and product development roadmap alignment.
- Regional Growth Opportunities : Discover high-growth states and regions within the US, including offshore wind zones, to prioritize market entry strategies, facility locations, and resource allocation for maximum market penetration.
Frequently asked questions
What is the current size of the US wind turbine composites market?
The US wind turbine composites market is estimated at $598.8 million in 2025 and is projected to grow to $911.9 million by 2030.
What is the growth rate of the US wind turbine composites market?
The US wind turbine composites market is expected to grow at a compound annual growth rate (CAGR) of 8.8% from 2025 to 2030.
What factors are driving growth in the US wind turbine composites market?
Key drivers include federal renewable energy incentives, expansion of offshore wind projects, technological advancements in composite materials, and increasing demand for lightweight turbine components.
Which composite materials are most commonly used in US wind turbines?
The US wind industry primarily uses glass fiber reinforced polymers (GFRP) and carbon fiber reinforced polymers (CFRP) for turbine blades, nacelles, and other structural components.
Who are the major players in the US wind turbine composites market?
The US market includes composite material suppliers, wind turbine manufacturers, specialized blade producers, and resin and fiber manufacturers competing for market share.
RESEARCH METHODOLOGY
The study involves two major activities in estimating the current market size for the wind turbine composites market. Exhaustive secondary research was done to collect information on the market, peer market, and parent market. The next step was to validate these findings, assumptions, and sizing with industry experts across the value chain through primary research. Both top-down and bottom-up approaches were employed to estimate the complete market size. After that, data triangulation was used to estimate the market size of segments and subsegments.
Secondary Research
Secondary sources referred to for this research study include financial statements of companies offering wind turbine composites and information from various trade, business, and professional associations. Secondary research has been used to obtain critical information about the industry’s value chain, the total pool of key players, market classification, and segmentation according to industry trends to the bottom-most level and regional markets. The secondary data was collected and analyzed to arrive at the overall size of the wind turbine composites market, which was validated by primary respondents.
Primary Research
Extensive primary research was conducted after obtaining information regarding the wind turbine composites market scenario through secondary research. Several primary interviews were conducted with market experts from both the demand and supply sides across major countries of North America, Europe, Asia Pacific, the Middle East & Africa, and South America. Primary data was collected through questionnaires, emails, and telephonic interviews. The primary sources from the supply side included various industry experts, such as Chief X Officers (CXOs), Vice Presidents (VPs), Directors from business development, marketing, product development/innovation teams, and related key executives from wind turbine composites industry vendors; system integrators; component providers; distributors; and key opinion leaders.
Primary interviews were conducted to gather insights such as market statistics, data on revenue collected from the products and services, market breakdowns, market size estimations, market forecasting, and data triangulation. Primary research also helped in understanding the various trends related to fiber type, resin type, manufacturing process, component, application, and region.
Stakeholders from the demand side, such as CIOs, CTOs, CSOs, and installation teams of the customers/end users who are using wind turbine composites, were interviewed to understand the buyer’s perspective on the suppliers, products, component providers, and their current usage of wind turbine composites and future outlook of their business, which will affect the overall market.
The following is the breakdown of primary respondents:
To know about the assumptions considered for the study, download the pdf brochure
Market Size Estimation
The research methodology used to estimate the size of the wind turbine composites market includes the following details. The market sizing was undertaken from the demand side. The market was upsized based on procurements and modernizations in wind turbine composites in different applications at a regional level. Such procurements provide information on the demand aspects of the wind turbine composites industry for each application. For each application, all possible segments of the wind turbine composites market were integrated and mapped.
Data Triangulation
After arriving at the overall size from the market size estimation process explained above, the total market was split into several segments and subsegments. The data triangulation and market breakdown procedures explained below were implemented, wherever applicable, to complete the overall market engineering process and arrive at the exact statistics for various market segments and subsegments. The data was triangulated by studying various factors and trends from the demand and supply sides. Along with this, the market size was validated using both the top-down and bottom-up approaches.
Market Definition
Wind turbine composites are advanced engineered materials made by reinforcing polymers with fibers such as glass or carbon, used in the construction of wind turbine components. These composites provide a high strength-to-weight ratio, durability, and resistance to environmental stresses like corrosion and fatigue. They are most commonly used in blades, nacelles, and other structural parts to enhance efficiency and longevity. Their lightweight nature allows for longer blades, which improves energy capture and overall turbine performance.
Key Stakeholders
- Wind turbine composite manufacturers
- Raw material manufacturers
- Government and research organizations
- R&D institutions
- National and local government organizations
- Institutional investors
- Wind turbine composite suppliers
- End users
Report Objectives
- To define, describe, and forecast the wind turbine composites market size in terms of volume and value
- To provide detailed information regarding the key factors, such as drivers, restraints, opportunities, and challenges influencing market growth
- To analyze and project the global wind turbine composites market by fiber type, resin type, manufacturing process, component, application, and region
- To forecast the market size concerning five main regions (along with country-level data), namely, North America, Europe, Asia Pacific, the Middle East & Africa, and South America, and analyze the significant region-specific trends
- To strategically analyze micromarkets with respect to individual growth trends, prospects, and contributions of the submarkets to the overall market
- To analyze the market opportunities and the competitive landscape for stakeholders and market leaders
- To assess recent market developments and competitive strategies, such as agreements, contracts, acquisitions, and product developments/product launches, to draw the competitive landscape
- To strategically profile the key market players and comprehensively analyze their core competencies
Available customizations:
MarketsandMarkets offers the following customizations for this market report:
- Additional country-level analysis of the wind turbine composites market
Product Analysis
- Product matrix, which provides a detailed comparison of the product portfolio of each company’s market.
Get the Full Wind Turbine Composites Market Report
Full forecast, segment splits, and company analysis for all Wind Turbine Composites Market.
- CANADA Wind Turbine Composites Market
- MEXICO Wind Turbine Composites Market
- GERMANY Wind Turbine Composites Market
- FRANCE Wind Turbine Composites Market
- SWEDEN Wind Turbine Composites Market
- SPAIN Wind Turbine Composites Market
- FINLAND Wind Turbine Composites Market
- NETHERLANDS Wind Turbine Composites Market
- UK Wind Turbine Composites Market
- CHINA Wind Turbine Composites Market
- INDIA Wind Turbine Composites Market
- JAPAN Wind Turbine Composites Market
- AUSTRALIA Wind Turbine Composites Market
- SOUTH KOREA Wind Turbine Composites Market
- BRAZIL Wind Turbine Composites Market
- ARGENTINA Wind Turbine Composites Market
- EGYPT Wind Turbine Composites Market
Need a Tailored Report?
Customize this report to your needs
Get 10% FREE Customization
Customize This Report