Europe Wind Turbine Composites Market (2025-2030)
The Europe Wind Turbine Composites Market was valued at $2623.2 Million in 2025 and projected to reach to $4315.5 Million by 2030, representing a compound annual growth rate of 10.5%. Europe's wind turbine composites market is poised for substantial expansion, growing from $2,623.2 million in 2025 to $4,315.5 million by 2030.
| Market Size in | USD 26.32 MN |
| Market Forecast in | |
| CAGR | |
| Forecast Period | |
| Units Considered | Value (USD MN) |
Europe Wind Turbine Composites Market Trends and Insights
- This expansion reflects Europe's commitment to renewable energy infrastructure and the critical role composite materials play in manufacturing lightweight, durable turbine blades.
- Europe leads global adoption of advanced composite technologies, driven by stringent environmental regulations and substantial investments in offshore and onshore wind capacity. The European market benefits from a mature supply chain, established manufacturing hubs, and strong R&D capabilities concentrated in countries such as Germany, Denmark, and Spain.
- Europe's transition toward net-zero emissions has accelerated demand for high-performance composites that enhance turbine efficiency and longevity.
- Between 2025 and 2030, Europe is expected to maintain its position as a key growth region, supported by EU renewable energy directives and increasing turbine installations across the continent. Europe's composite materials sector is characterized by innovation in resin systems, fiber reinforcement, and manufacturing processes.
- The region's focus on sustainability and circular economy principles is shaping product development, with Europe increasingly adopting recyclable and bio-based composite solutions for wind energy applications..
Key Market Statistics
- CAGR (2025-2030) 10.5% CAGR
- Market Size, 2025 ~USD 2623.2 Million
- Forecast, 2030 ~USD 4315.5 Million
- Geography Europe
Europe Wind Turbine Composites Market Overview
Market Leadership Position :
Europe commands a significant share of the global wind turbine composites market, valued at $2,623.2 million in 2025, driven by stringent renewable energy targets and advanced manufacturing capabilities across the region.
Strong CAGR Growth :
Europe's wind turbine composites market is projected to grow at 10.5% CAGR through 2030, outpacing the global average of 10.3%, reflecting accelerated investment in offshore and onshore wind infrastructure.
Technology Innovation Hub :
European manufacturers lead in advanced composite technologies, including carbon fiber reinforced polymers and epoxy resins, enabling production of longer, lighter, and more efficient turbine blades for next-generation wind farms.
Regulatory Support & Sustainability :
The EU's Green Deal and renewable energy directives create favorable conditions for composite material adoption, with Europe's commitment to carbon neutrality by 2050 driving sustained demand for lightweight wind turbine components.
Europe Wind Turbine Composites Market Dynamics
- This growth trajectory is underpinned by Europe's aggressive renewable energy transition, with countries like Germany, Spain, and France investing heavily in both onshore and offshore wind capacity.
- The region's advanced manufacturing ecosystem and emphasis on sustainable materials position it as a global innovation leader. Key drivers include increasing turbine blade lengths requiring superior composite materials, rising offshore wind installations, and stringent environmental regulations favoring lightweight solutions.
- European suppliers are capitalizing on technological expertise and supply chain integration to capture growing demand from OEMs and retrofit projects.
- Strategic partnerships and R&D investments in bio-based and recyclable composites further strengthen Europe's competitive advantage in this high-growth market segment..
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
- Europe's wind turbine composites market will grow from $2,623.2M (2025) to $4,315.5M (2030) at a 10.5% CAGR, outpacing global growth.
- Europe dominates advanced composite adoption due to mature supply chains, strong R&D infrastructure, and regulatory support for renewable energy.
- EU net-zero directives and offshore wind expansion are primary growth catalysts driving composite material demand across Europe.
- Europe is pioneering sustainable composite solutions, including recyclable and bio-based materials, setting global industry standards.
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 |
Europe 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
EUROPE: WIND TURBINE COMPOSITES MARKET, BY APPLICATION, 2025–2030
| Segment | 2025 | 2026 | 2027 | 2028 | 2029 | 2030 | CAGR (%) |
|---|---|---|---|---|---|---|---|
| OFFSHORE WIND TURBINES | 579.7 | 678.3 | 793.6 | 928.5 | 1086.3 | 1271 | 17 |
| ONSHORE WIND TURBINES | 2039.7 | 2204.9 | 2383.5 | 2576.6 | 2785.3 | 3010.9 | 8.1 |
| TOTAL | 2619.4 | 2883.2 | 3177.1 | 3505.1 | 3871.6 | 4281.9 | 10.3 |
Target Audience
- Composite Material Manufacturers : European and global composite producers need detailed market intelligence to optimize production capacity, identify growth markets within Europe, and develop region-specific product portfolios aligned with OEM requirements.
- Wind Turbine OEMs : Major turbine manufacturers require comprehensive market data to forecast demand for composite materials, evaluate supply chain resilience, and plan blade design innovations for European wind farm projects.
- Investment & Private Equity Firms : Investors targeting Europe's renewable energy supply chain need market sizing and growth projections to identify acquisition targets, assess portfolio company performance, and evaluate expansion opportunities.
- Energy & Utility Companies : European utilities and wind farm developers require material cost forecasts and supply availability data to optimize project economics, manage procurement strategies, and plan large-scale wind installations.
- Government & Policy Organizations : EU and national energy agencies need market intelligence to inform renewable energy policies, assess supply chain security, and evaluate the competitiveness of Europe's composite materials industry.
Key Companies in the Europe 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.
Countries within Europe - compare and drill down
| Country | 2025 size (native) |
|---|---|
| GERMANY | USD 1217.2 Million |
| FRANCE | USD 310.5 Million |
| SWEDEN | USD 290 Million |
| SPAIN | USD 335 Million |
| FINLAND | USD 417.9 Million |
| NETHERLANDS | USD 46 Million |
| UK | USD 217.8 Million |
Country market size visualization
Reasons to Buy this Report
- Regional Market Sizing & Forecasts : Access precise market valuations for Europe's wind turbine composites sector with country-level breakdowns, enabling accurate investment planning and competitive benchmarking across the region's key markets.
- Growth Opportunity Identification : Identify high-growth segments within Europe's 10.5% CAGR expansion, including offshore wind applications, blade elongation trends, and emerging markets in Central and Eastern Europe with untapped potential.
- Competitive Landscape Intelligence : Understand Europe's leading composite manufacturers, technology leaders, and supply chain dynamics to inform partnership strategies, M&A decisions, and market entry approaches across key European markets.
- Regulatory & Policy Insights : Gain clarity on EU Green Deal requirements, renewable energy directives, and sustainability mandates driving composite material adoption, helping align product development with regional compliance standards.
- Strategic Market Positioning : Leverage Europe-specific data to optimize go-to-market strategies, identify white-space opportunities in underserved countries, and develop targeted solutions for European OEMs and wind farm operators.
Frequently asked questions
What is the current size of Europe's wind turbine composites market?
Europe's wind turbine composites market is valued at $2,623.2 million in 2025 and is projected to reach $4,315.5 million by 2030, representing a 10.5% compound annual growth rate.
Which countries in Europe lead the wind turbine composites market?
Germany, Denmark, and Spain are among Europe's leading markets, supported by established manufacturing capabilities, strong R&D infrastructure, and significant investments in wind energy infrastructure.
What factors are driving growth in Europe's wind turbine composites market?
Key drivers include EU renewable energy directives, net-zero emission targets, increasing offshore and onshore wind installations, and demand for lightweight, high-performance composite materials that improve turbine efficiency.
How is Europe addressing sustainability in wind turbine composites?
Europe is advancing recyclable and bio-based composite solutions, driven by circular economy principles and regulatory requirements, positioning the region as a leader in sustainable composite manufacturing.
What is the forecast growth rate for Europe's wind turbine composites market?
Europe's wind turbine composites market is expected to grow at a 10.5% CAGR from 2025 to 2030, reflecting strong regional demand and investment in renewable energy infrastructure.
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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- US 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
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