Global Wind Energy Composite Market Size, Manufacturers 2021-2027
Wind energy composite material forms an essential component of wind turbine for the manufacture of wind turbine rotor blade. Composite material is made up of fiber and matrix. The fiber provides physical strength and distributes loads in composite. The matrix material act binder. The matrix binds and maintains the spacing of the fiber material protecting the fiber from abrasion and environmental damage. The composite material manufactured from reinforcement of fiber and matrix is far superior from conventional metals such as steel and aluminum.The Wind Energy Composite market covers Glass Fiber Reinforced Polymer Composites, Carbon Fiber Reinforced Polymer Composites, etc. The typical players include LM Wind Power, TPI Composites, Sinoma Wind Power Blade, Zhongfu Lianzhong, TMT, etc.
Globally, the main manufacturers of Wind Energy Composite include LM Wind Power?TPI Composites and Sinoma Wind Power Blade?etc. Among them, LM Wind Power and TPI Composites both have a large market share of over 15%. Asia-Pacific is the largest market, holds a share over 60%.
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Market Analysis and Insights: Global Wind Energy Composite Market
In 2020, the global Wind Energy Composite market size, Manufacturers, Supply Chain was US$ 3623.7 million and it is expected to reach US$ 5403.5 million by the end of 2027, with a CAGR of 5.9% during 2021-2027.
Global Wind Energy Composite Scope and Market Size:
- Wind Energy Composite market is segmented by region, by country, company, type, application and by sales channels. Players, stakeholders, and other participants in the global Wind Energy Composite market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on sales, revenue and forecast by region, by country, company, type, application and by sales channels for the period 2016-2027.
Segment by Type, the Wind Energy Composite market is segmented into:
- Glass Fiber Reinforced Polymer Composites
- Carbon Fiber Reinforced Polymer Composites
- Others
Segment by Application, the Wind Energy Composite market is segmented into:
- Blades
- Nacelles
- Others
Regional and Country-level Analysis:
- North America
- United States
- Canada
- Asia-Pacific
- China
- Japan
- South Korea
- India
- Southeast Asia
- Australia
- Rest of Asia-Pacific
- Europe
- Germany
- France
- U.K.
- Italy
- Russia
- Nordic Countries
- Rest of Europe
- Latin America
- Mexico
- Brazil
- Rest of Latin America
- Middle East & Africa
- Turkey
- Saudi Arabia
- UAE
- Rest of MEA
Competitive Landscape and Wind Energy Composite Market Share Analysis:
- Wind Energy Composite market competitive landscape provides details and data information by companies. The report offers comprehensive analysis and accurate statistics on revenue by the player for the period 2016-2021. It also offers detailed analysis supported by reliable statistics on sale and revenue by players for the period 2016-2021. Details included are company description, major business, Wind Energy Composite product introduction, recent developments, Wind Energy Composite sales by region, type, application and by sales channel.
The major companies include:
- LM Wind Power
- TPI Composites
- Sinoma Wind Power Blade
- Zhongfu Lianzhong
- TMT
- Vestas
- Siemens Gamesa
- Suzlon
- Enercon
- Tecsis
- MFG Wind
- Nordex
- Inox Wind
- Jupiter Bach
- Shandong Shuangyi Technology
Reasons to Purchase Our Research Report:
- Analyzing the outlook of the market with the recent trends and SWOT analysis
- Market dynamics scenario, along with growth opportunities of the market in the years to come
- Market segmentation analysis including qualitative and quantitative research incorporating the impact of economic and non-economic aspects
- Regional and country-level analysis integrating the demand and supply forces that are influencing the growth of the market.
- Market value (USD Million) and volume (Units Million) data for each segment and sub-segment
- Competitive landscape involving the market share of major players, along with the new projects and strategies adopted by players in the past five years
- Comprehensive company profiles covering the product offerings, key financial information, recent developments, SWOT analysis, and strategies employed by the major market players
- Analyst support, along with the data support in excel format.
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Table of content
1 Study Coverage
1.1 Wind Energy Composite Product Introduction
1.2 Market by Type
1.2.1 Global Wind Energy Composite Market Size Growth Rate by Type
1.2.2 Glass Fiber Reinforced Polymer Composites
1.2.3 Carbon Fiber Reinforced Polymer Composites
1.2.4 Others
1.3 Market by Application
1.3.1 Global Wind Energy Composite Market Size Growth Rate by Application
1.3.2 Blades
1.3.3 Nacelles
1.3.4 Others
1.4 Study Objectives
1.5 Years Considered
2 Executive Summary
2.1 Global Wind Energy Composite Market Size Estimates and Forecasts
2.1.1 Global Wind Energy Composite Revenue 2016-2027
2.1.2 Global Wind Energy Composite Sales 2016-2027
2.2 Wind Energy Composite Market Size by Region: 2021 Versus 2027
2.3 Wind Energy Composite Sales by Region (2016-2027)
2.3.1 Global Wind Energy Composite Sales by Region: 2016-2021
2.3.2 Global Wind Energy Composite Sales Forecast by Region (2022-2027)
2.3.3 Global Wind Energy Composite Sales Market Share by Region (2016-2027)
2.4 Wind Energy Composite Market Estimates and Projections by Region (2022-2027)
2.4.1 Global Wind Energy Composite Revenue by Region: 2016-2021
2.4.2 Global Wind Energy Composite Revenue Forecast by Region (2022-2027)
2.4.3 Global Wind Energy Composite Revenue Market Share by Region (2016-2027)
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