Wind Turbine Composites Market worth $28.85 billion by 2030
The report "Wind Turbine Composites Market by Fiber Type (Glass, Carbon), Resin Type (Epoxy, Polyurethane), Manufacturing Process, Component (Blades, Nacelles), Application (Onshore, Offshore) and Region - Global Forecast to 2030" is projected to reach USD 28.85 billion by 2030 from USD 17.67 billion in 2025, at a CAGR of 10.3%.
Browse 180 market data Tables and 100 Figures spread through 280 Pages and in-depth TOC on "Wind Turbine Composites Market, by Fiber Type (Glass, Carbon), Resin Type (Epoxy, Polyurethane), Manufacturing Process, Component (Blades, Nacelles), Application (Onshore, Offshore) and Region - Global Forecast to 2030"
View detailed Table of Content here - https://www.marketsandmarkets.com/Market-Reports/wind-turbine-composite-market-155405379.html
The rising global commitment to renewable energy sources and the fast establishment of onshore and offshore wind farms create a strong need for advanced composite materials, which turbine blades and nacelles require. The materials that engineers use for their design work, such as glass and carbon fiber reinforced polymers, deliver outstanding strength-to-weight ratios, which enable them to create blades that reach lengths above 100 meters. Manufacturers in Asia Pacific and Europe are shifting to recyclable bio-based composites to meet sustainability standards because urbanization creates energy needs, and net-zero emissions goals are becoming essential. The evolution process reduces lifecycle expenses while it builds supply chain strength to handle increased investments for larger and more powerful turbine systems.
The glass fiber segment accounted for the largest share in the global wind turbine composites market in 2024.
The glass fiber segment dominated the global wind turbine composites market because it provides an effective combination of strength, stiffness, and fatigue resistance at a much lower price than carbon fiber. The established manufacturing processes of hand lay-up and resin infusion enable more cost-effective and dependable production of large-scale blades. The material demonstrates strong resistance against corrosion while maintaining its durability through extreme environmental conditions, which enables extended service life. The material maintains its industry-leading position because of its widespread availability and established supply chain system.
The epoxy segment accounted for the largest share in the global wind turbine composites market in 2024.
The epoxy resin segment held the largest share in the global wind turbine composites market because it provides better mechanical performance through its high strength-to-weight ratio and its ability to withstand continuous stress, which is essential for large wind turbine blades. The material provides strong bonding with glass and carbon reinforcing fibers, which helps maintain structural strength throughout its entire lifetime. The epoxy material exhibits less shrinkage, superior resistance against moisture and temperature changes when compared to polyester resin alternatives. The material's ability to work with advanced manufacturing techniques, such as vacuum infusion, makes it ideal for creating large turbine blades that require high performance.
The VARTM/VI segment is set to grow at the highest CAGR in the wind turbine composites market during the forecast period.
The VARTM/VI manufacturing process is expected to register the highest CAGR in the wind turbine composites market, because the method provides cost-effective solutions that enable large-scale production of turbine blades. The process enables manufacturers to achieve cost savings through autoclave-free operations, which produce strong yet light materials. VARTM enables the manufacturing of extended blades, which modern wind turbine technology requires to enhance energy production capabilities. Manufacturers choose the system because it supports automated operations while decreasing material waste.
Asia Pacific segment accounted for the largest share in the global wind turbine composites market in 2024.
Asia Pacific is the largest market for wind turbine composites, because countries like China and India expand their wind energy capacity through their strong policy framework and renewable energy goals. The region benefits from a well-established manufacturing ecosystem, which includes low-cost labor and readily available raw materials, to achieve cost-effective production. The demand for composite materials used in blades and nacelles increases because companies invest in both onshore and offshore wind projects. The industrial growth and high energy demand create stronger market conditions for wind power, which leads to increased adoption of this technology.
Key Players
Prominent companies include China Jushi Co., Ltd. (China), DowAksa (Turkey), Teijin Limited (Japan), SGL Carbon (Germany), Hexcel Corporation (US), Gurit Services AG (Switzerland), China National Building Material Group Corporation (China), Toray Industries, Inc. (Japan), Rochling SE & Co. KG (Germany), Exel Composites (Finland), Evonik (Germany), Arkema (France), Owens Corning (US), ExxonMobil Corporation (US), and Huntsman International LLC (US).
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