CHINA Wind Turbine Composites Market (2025-2030)
The CHINA Wind Turbine Composites Market was valued at $12712.4 Million in 2025 and projected to reach to $20985.9 Million by 2030, representing a compound annual growth rate of 10.5%. China's wind turbine composites market is poised for sustained expansion, driven by the country's renewable energy ambitions and manufacturing prowess.
| Market Size in | USD 26.32 MN |
| Market Forecast in | |
| CAGR | |
| Forecast Period | |
| Units Considered | Value (USD MN) |
CHINA Wind Turbine Composites Market Trends and Insights
- This growth trajectory reflects China's dominant position in global wind energy capacity and its strategic investments in renewable infrastructure.
- China's manufacturing capabilities and cost-competitive production have positioned the country as a critical hub for composite material supply chains serving both domestic and international wind turbine manufacturers. The 10.5% compound annual growth rate in China underscores accelerating demand driven by China's aggressive renewable energy targets and the modernization of existing wind farms.
- China's commitment to carbon neutrality by 2060 has catalyzed substantial capital deployment into wind energy projects, directly boosting demand for advanced composite materials used in blade manufacturing and structural components.
- Between 2025 and 2030, China is expected to maintain its leadership in wind turbine composite consumption, supported by technological innovation and economies of scale unique to China's industrial ecosystem..
Key Market Statistics
- CAGR (2025-2030) 10.5% CAGR
- Market Size, 2025 ~USD 12712.4 Million
- Forecast, 2030 ~USD 20985.9 Million
- Country CHINA
CHINA Wind Turbine Composites Market Overview
Market Valuation Growth :
China's wind turbine composites market is valued at USD 12,712.4 million in 2025, with a projected CAGR of 10.5% through 2030, reaching USD 20,985.9 million. This growth outpaces the global CAGR of 10.3%, underscoring China's accelerating dominance in the sector.
Global Manufacturing Leadership :
China commands the world's largest wind energy capacity and leverages cost-competitive manufacturing capabilities. The country's advanced production infrastructure and supply chain integration position it as the primary supplier of composite materials for global wind turbine manufacturers.
Renewable Energy Investment :
Strategic government investments in renewable infrastructure and carbon neutrality targets drive sustained demand for wind turbine composites. China's commitment to expanding onshore and offshore wind capacity creates consistent market opportunities through 2030.
Technological Innovation Hub :
Chinese manufacturers are increasingly investing in advanced composite technologies, including carbon fiber and glass fiber reinforced polymers. Innovation in lightweight, durable materials enhances turbine efficiency and supports China's competitive advantage in global markets.
CHINA Wind Turbine Composites Market Dynamics
- With domestic wind capacity additions and export demand from global OEMs, the market benefits from both domestic consumption and international supply contracts.
- Government policies supporting clean energy transition and technological advancement in composite materials will continue to fuel growth through 2030. The competitive landscape in China remains dynamic, with established manufacturers and new entrants competing on cost, quality, and innovation.
- Offshore wind development presents significant growth opportunities, requiring specialized composite solutions.
- Strategic partnerships between Chinese suppliers and international turbine manufacturers will further strengthen market penetration and drive revenue expansion across the forecast period..
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
- China's wind turbine composites market will grow from USD 12.7 billion in 2025 to USD 21.0 billion by 2030, representing a 10.5% CAGR.
- China's renewable energy ambitions and carbon neutrality goals are primary drivers of composite material demand in the wind sector.
- China's vertically integrated manufacturing ecosystem and cost advantages position it as the global leader in wind turbine composite production and supply.
- Technological advancements in lightweight composite materials and blade design innovation will accelerate market growth in China through 2030.
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 |
CHINA 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
- Wind Turbine Manufacturers : OEMs and turbine producers require detailed insights into China's composite supply capabilities, pricing trends, and manufacturing capacity to optimize sourcing strategies and manage supply chain risks for global operations.
- Composite Material Suppliers : Raw material and resin manufacturers need market data on China's demand patterns, competitive dynamics, and growth opportunities to expand production capacity and develop targeted sales strategies in the region.
- Investment & Private Equity Firms : Investors evaluating opportunities in China's renewable energy and advanced materials sectors require comprehensive market analysis to assess growth potential, competitive positioning, and return on investment through 2030.
- Government & Policy Makers : Chinese government agencies and renewable energy planners use market intelligence to align industrial policies, infrastructure investments, and regulatory frameworks with market growth trajectories and global competitiveness goals.
- Strategic Consultants & Analysts : Business consultants and research firms require detailed China-specific market data to support client advisory services, competitive benchmarking, and strategic planning for wind energy and composite materials sectors.
Key Companies in the CHINA 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
- Market Size & Growth Validation : Obtain precise valuation data for China's wind turbine composites market (USD 12.7B in 2025) with verified CAGR projections through 2030. Validate investment decisions and revenue forecasts with authoritative market intelligence specific to the Chinese market.
- Competitive Landscape Intelligence : Understand China's manufacturing capabilities, cost structures, and competitive positioning against global suppliers. Identify key players, market share distribution, and strategic opportunities within China's rapidly evolving composite materials sector.
- Supply Chain & Sourcing Strategy : Develop informed sourcing strategies by analyzing China's production capacity, material availability, and supplier networks. Evaluate cost-competitive advantages and supply chain resilience for wind turbine composite procurement decisions.
- Government Policy & Regulatory Insights : Access analysis of China's renewable energy policies, carbon neutrality targets, and regulatory frameworks driving market growth. Understand how government incentives and mandates shape demand for wind turbine composites through 2030.
- Export & Partnership Opportunities : Identify collaboration and partnership opportunities with Chinese manufacturers for global wind turbine supply chains. Evaluate export potential and strategic alliances to leverage China's dominant position in composite materials production.
Frequently asked questions
What is the current size of China's wind turbine composites market?
China's wind turbine composites market is valued at USD 12,712.4 million in 2025, making it one of the largest regional markets globally.
What is the projected market size for China by 2030?
China's wind turbine composites market is forecast to reach USD 20,985.9 million by 2030, reflecting sustained double-digit growth.
What is driving growth in China's wind turbine composites market?
China's aggressive renewable energy targets, carbon neutrality commitments, and expansion of wind farm capacity are primary growth drivers for composite material demand.
Why is China dominant in wind turbine composite manufacturing?
China's dominance stems from its vertically integrated supply chains, cost-competitive production, advanced manufacturing capabilities, and large domestic wind energy market.
What is the CAGR for China's wind turbine composites market?
China's wind turbine composites market is projected to grow at a compound annual growth rate of 10.5% between 2025 and 2030.
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.
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