Global Wind Turbine Blade Composite Materials Supply, Demand and Key Producers, 2023-2029

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Published Date: 21 Jul 2023

Category: Chemical & Material

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Description
Table of Contents
Table of Figures
Research Methodology
Companies Mentioned
Related Reports
Product Tags

Description

The global Wind Turbine Blade Composite Materials market size is expected to reach $ 8102.3 million by 2029, rising at a market growth of 7.0% CAGR during the forecast period (2023-2029).

Global 5 largest manufacturers of Wind Turbine Blade Composite Materials are Westlake Chemical, Techstorm, Toray Industries, Olin Corp and Wells Advanced Materials, which make up about 38%. Among them, Westlake Chemical is the leader with about 11% market share.

China is the largest market, with a share about 54%, followed by Europe and US & Canada, with the share about 26% and 11%. In terms of product type, Glass Fiber Reinforced Composites occupy the largest share of the total market, about 79%. And in terms of product Application, the largest application is >5.0 MW, followed by 3.0-5.0 MW.

Wind turbine blade 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.

This report studies the global Wind Turbine Blade Composite Materials production, demand, key manufacturers, and key regions.

This report is a detailed and comprehensive analysis of the world market for Wind Turbine Blade Composite Materials, and provides market size (US$ million) and Year-over-Year (YoY) Growth, considering 2022 as the base year. This report explores demand trends and competition, as well as details the characteristics of Wind Turbine Blade Composite Materials that contribute to its increasing demand across many markets.

Highlights and key features of the study
Global Wind Turbine Blade Composite Materials total production and demand, 2018-2029, (Tons)
Global Wind Turbine Blade Composite Materials total production value, 2018-2029, (USD Million)
Global Wind Turbine Blade Composite Materials production by region & country, production, value, CAGR, 2018-2029, (USD Million) & (Tons)
Global Wind Turbine Blade Composite Materials consumption by region & country, CAGR, 2018-2029 & (Tons)
U.S. VS China: Wind Turbine Blade Composite Materials domestic production, consumption, key domestic manufacturers and share
Global Wind Turbine Blade Composite Materials production by manufacturer, production, price, value and market share 2018-2023, (USD Million) & (Tons)
Global Wind Turbine Blade Composite Materials production by Type, production, value, CAGR, 2018-2029, (USD Million) & (Tons)
Global Wind Turbine Blade Composite Materials production by Application production, value, CAGR, 2018-2029, (USD Million) & (Tons).

This reports profiles key players in the global Wind Turbine Blade Composite Materials market based on the following parameters – company overview, production, value, price, gross margin, product portfolio, geographical presence, and key developments. Key companies covered as a part of this study include Toray Industries, SGL Carbon, Teijin, Mitsubishi Chemical, Hexcel, Techstorm, Westlake Chemical, Olin Corp and Swancor Holding, etc.

This report also provides key insights about market drivers, restraints, opportunities, new product launches or approvals, COVID-19 and Russia-Ukraine War Influence.

Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the World Wind Turbine Blade Composite Materials market.

Detailed Segmentation:
Each section contains quantitative market data including market by value (US$ Millions), volume (production, consumption) & (Tons) and average price (US$/Ton) by manufacturer, by Type, and by Application. Data is given for the years 2018-2029 by year with 2022 as the base year, 2023 as the estimate year, and 2024-2029 as the forecast year.

Global Wind Turbine Blade Composite Materials Market, By Region:
United States
China
Europe
Japan
South Korea
ASEAN
India
Rest of World

Global Wind Turbine Blade Composite Materials Market, Segmentation by Type
Glass Fiber Reinforced Composites
Carbon Fiber Reinforced Composites

Global Wind Turbine Blade Composite Materials Market, Segmentation by Application
<2.0 MW
2.0-3.0 MW
3.0-5.0 MW
>5.0 MW

Companies Profiled:
Toray Industries
SGL Carbon
Teijin
Mitsubishi Chemical
Hexcel
Techstorm
Westlake Chemical
Olin Corp
Swancor Holding
Wells Advanced Materials
Owens Corning
Taishan Fiberglass
Chongqing Polycomp
Gurit

Key Questions Answered
1. How big is the global Wind Turbine Blade Composite Materials market?
2. What is the demand of the global Wind Turbine Blade Composite Materials market?
3. What is the year over year growth of the global Wind Turbine Blade Composite Materials market?
4. What is the production and production value of the global Wind Turbine Blade Composite Materials market?
5. Who are the key producers in the global Wind Turbine Blade Composite Materials market?
6. What are the growth factors driving the market demand?

Table of Contents

1 Supply Summary
    1.1 Wind Turbine Blade Composite Materials Introduction
    1.2 World Wind Turbine Blade Composite Materials Supply & Forecast
        1.2.1 World Wind Turbine Blade Composite Materials Production Value (2018 & 2022 & 2029)
        1.2.2 World Wind Turbine Blade Composite Materials Production (2018-2029)
        1.2.3 World Wind Turbine Blade Composite Materials Pricing Trends (2018-2029)
    1.3 World Wind Turbine Blade Composite Materials Production by Region (Based on Production Site)
        1.3.1 World Wind Turbine Blade Composite Materials Production Value by Region (2018-2029)
        1.3.2 World Wind Turbine Blade Composite Materials Production by Region (2018-2029)
        1.3.3 World Wind Turbine Blade Composite Materials Average Price by Region (2018-2029)
        1.3.4 North America Wind Turbine Blade Composite Materials Production (2018-2029)
        1.3.5 Europe Wind Turbine Blade Composite Materials Production (2018-2029)
        1.3.6 China Wind Turbine Blade Composite Materials Production (2018-2029)
        1.3.7 Japan Wind Turbine Blade Composite Materials Production (2018-2029)
    1.4 Market Drivers, Restraints and Trends
        1.4.1 Wind Turbine Blade Composite Materials Market Drivers
        1.4.2 Factors Affecting Demand
        1.4.3 Wind Turbine Blade Composite Materials Major Market Trends
    1.5 Influence of COVID-19 and Russia-Ukraine War
        1.5.1 Influence of COVID-19
        1.5.2 Influence of Russia-Ukraine War

2 Demand Summary
    2.1 World Wind Turbine Blade Composite Materials Demand (2018-2029)
    2.2 World Wind Turbine Blade Composite Materials Consumption by Region
        2.2.1 World Wind Turbine Blade Composite Materials Consumption by Region (2018-2023)
        2.2.2 World Wind Turbine Blade Composite Materials Consumption Forecast by Region (2024-2029)
    2.3 United States Wind Turbine Blade Composite Materials Consumption (2018-2029)
    2.4 China Wind Turbine Blade Composite Materials Consumption (2018-2029)
    2.5 Europe Wind Turbine Blade Composite Materials Consumption (2018-2029)
    2.6 Japan Wind Turbine Blade Composite Materials Consumption (2018-2029)
    2.7 South Korea Wind Turbine Blade Composite Materials Consumption (2018-2029)
    2.8 ASEAN Wind Turbine Blade Composite Materials Consumption (2018-2029)
    2.9 India Wind Turbine Blade Composite Materials Consumption (2018-2029)

3 World Wind Turbine Blade Composite Materials Manufacturers Competitive Analysis
    3.1 World Wind Turbine Blade Composite Materials Production Value by Manufacturer (2018-2023)
    3.2 World Wind Turbine Blade Composite Materials Production by Manufacturer (2018-2023)
    3.3 World Wind Turbine Blade Composite Materials Average Price by Manufacturer (2018-2023)
    3.4 Wind Turbine Blade Composite Materials Company Evaluation Quadrant
    3.5 Industry Rank and Concentration Rate (CR)
        3.5.1 Global Wind Turbine Blade Composite Materials Industry Rank of Major Manufacturers
        3.5.2 Global Concentration Ratios (CR4) for Wind Turbine Blade Composite Materials in 2022
        3.5.3 Global Concentration Ratios (CR8) for Wind Turbine Blade Composite Materials in 2022
    3.6 Wind Turbine Blade Composite Materials Market: Overall Company Footprint Analysis
        3.6.1 Wind Turbine Blade Composite Materials Market: Region Footprint
        3.6.2 Wind Turbine Blade Composite Materials Market: Company Product Type Footprint
        3.6.3 Wind Turbine Blade Composite Materials Market: Company Product Application Footprint
    3.7 Competitive Environment
        3.7.1 Historical Structure of the Industry
        3.7.2 Barriers of Market Entry
        3.7.3 Factors of Competition
    3.8 New Entrant and Capacity Expansion Plans
    3.9 Mergers, Acquisition, Agreements, and Collaborations

4 United States VS China VS Rest of the World
    4.1 United States VS China: Wind Turbine Blade Composite Materials Production Value Comparison
        4.1.1 United States VS China: Wind Turbine Blade Composite Materials Production Value Comparison (2018 & 2022 & 2029)
        4.1.2 United States VS China: Wind Turbine Blade Composite Materials Production Value Market Share Comparison (2018 & 2022 & 2029)
    4.2 United States VS China: Wind Turbine Blade Composite Materials Production Comparison
        4.2.1 United States VS China: Wind Turbine Blade Composite Materials Production Comparison (2018 & 2022 & 2029)
        4.2.2 United States VS China: Wind Turbine Blade Composite Materials Production Market Share Comparison (2018 & 2022 & 2029)
    4.3 United States VS China: Wind Turbine Blade Composite Materials Consumption Comparison
        4.3.1 United States VS China: Wind Turbine Blade Composite Materials Consumption Comparison (2018 & 2022 & 2029)
        4.3.2 United States VS China: Wind Turbine Blade Composite Materials Consumption Market Share Comparison (2018 & 2022 & 2029)
    4.4 United States Based Wind Turbine Blade Composite Materials Manufacturers and Market Share, 2018-2023
        4.4.1 United States Based Wind Turbine Blade Composite Materials Manufacturers, Headquarters and Production Site (States, Country)
        4.4.2 United States Based Manufacturers Wind Turbine Blade Composite Materials Production Value (2018-2023)
        4.4.3 United States Based Manufacturers Wind Turbine Blade Composite Materials Production (2018-2023)
    4.5 China Based Wind Turbine Blade Composite Materials Manufacturers and Market Share
        4.5.1 China Based Wind Turbine Blade Composite Materials Manufacturers, Headquarters and Production Site (Province, Country)
        4.5.2 China Based Manufacturers Wind Turbine Blade Composite Materials Production Value (2018-2023)
        4.5.3 China Based Manufacturers Wind Turbine Blade Composite Materials Production (2018-2023)
    4.6 Rest of World Based Wind Turbine Blade Composite Materials Manufacturers and Market Share, 2018-2023
        4.6.1 Rest of World Based Wind Turbine Blade Composite Materials Manufacturers, Headquarters and Production Site (State, Country)
        4.6.2 Rest of World Based Manufacturers Wind Turbine Blade Composite Materials Production Value (2018-2023)
        4.6.3 Rest of World Based Manufacturers Wind Turbine Blade Composite Materials Production (2018-2023)

5 Market Analysis by Type
    5.1 World Wind Turbine Blade Composite Materials Market Size Overview by Type: 2018 VS 2022 VS 2029
    5.2 Segment Introduction by Type
        5.2.1 Glass Fiber Reinforced Composites
        5.2.2 Carbon Fiber Reinforced Composites
    5.3 Market Segment by Type
        5.3.1 World Wind Turbine Blade Composite Materials Production by Type (2018-2029)
        5.3.2 World Wind Turbine Blade Composite Materials Production Value by Type (2018-2029)
        5.3.3 World Wind Turbine Blade Composite Materials Average Price by Type (2018-2029)

6 Market Analysis by Application
    6.1 World Wind Turbine Blade Composite Materials Market Size Overview by Application: 2018 VS 2022 VS 2029
    6.2 Segment Introduction by Application
        6.2.1 <2.0 MW
        6.2.2 2.0-3.0 MW
        6.2.3 3.0-5.0 MW
        6.2.4 >5.0 MW
    6.3 Market Segment by Application
        6.3.1 World Wind Turbine Blade Composite Materials Production by Application (2018-2029)
        6.3.2 World Wind Turbine Blade Composite Materials Production Value by Application (2018-2029)
        6.3.3 World Wind Turbine Blade Composite Materials Average Price by Application (2018-2029)

7 Company Profiles
    7.1 Toray Industries
        7.1.1 Toray Industries Details
        7.1.2 Toray Industries Major Business
        7.1.3 Toray Industries Wind Turbine Blade Composite Materials Product and Services
        7.1.4 Toray Industries Wind Turbine Blade Composite Materials Production, Price, Value, Gross Margin and Market Share (2018-2023)
        7.1.5 Toray Industries Recent Developments/Updates
        7.1.6 Toray Industries Competitive Strengths & Weaknesses
    7.2 SGL Carbon
        7.2.1 SGL Carbon Details
        7.2.2 SGL Carbon Major Business
        7.2.3 SGL Carbon Wind Turbine Blade Composite Materials Product and Services
        7.2.4 SGL Carbon Wind Turbine Blade Composite Materials Production, Price, Value, Gross Margin and Market Share (2018-2023)
        7.2.5 SGL Carbon Recent Developments/Updates
        7.2.6 SGL Carbon Competitive Strengths & Weaknesses
    7.3 Teijin
        7.3.1 Teijin Details
        7.3.2 Teijin Major Business
        7.3.3 Teijin Wind Turbine Blade Composite Materials Product and Services
        7.3.4 Teijin Wind Turbine Blade Composite Materials Production, Price, Value, Gross Margin and Market Share (2018-2023)
        7.3.5 Teijin Recent Developments/Updates
        7.3.6 Teijin Competitive Strengths & Weaknesses
    7.4 Mitsubishi Chemical
        7.4.1 Mitsubishi Chemical Details
        7.4.2 Mitsubishi Chemical Major Business
        7.4.3 Mitsubishi Chemical Wind Turbine Blade Composite Materials Product and Services
        7.4.4 Mitsubishi Chemical Wind Turbine Blade Composite Materials Production, Price, Value, Gross Margin and Market Share (2018-2023)
        7.4.5 Mitsubishi Chemical Recent Developments/Updates
        7.4.6 Mitsubishi Chemical Competitive Strengths & Weaknesses
    7.5 Hexcel
        7.5.1 Hexcel Details
        7.5.2 Hexcel Major Business
        7.5.3 Hexcel Wind Turbine Blade Composite Materials Product and Services
        7.5.4 Hexcel Wind Turbine Blade Composite Materials Production, Price, Value, Gross Margin and Market Share (2018-2023)
        7.5.5 Hexcel Recent Developments/Updates
        7.5.6 Hexcel Competitive Strengths & Weaknesses
    7.6 Techstorm
        7.6.1 Techstorm Details
        7.6.2 Techstorm Major Business
        7.6.3 Techstorm Wind Turbine Blade Composite Materials Product and Services
        7.6.4 Techstorm Wind Turbine Blade Composite Materials Production, Price, Value, Gross Margin and Market Share (2018-2023)
        7.6.5 Techstorm Recent Developments/Updates
        7.6.6 Techstorm Competitive Strengths & Weaknesses
    7.7 Westlake Chemical
        7.7.1 Westlake Chemical Details
        7.7.2 Westlake Chemical Major Business
        7.7.3 Westlake Chemical Wind Turbine Blade Composite Materials Product and Services
        7.7.4 Westlake Chemical Wind Turbine Blade Composite Materials Production, Price, Value, Gross Margin and Market Share (2018-2023)
        7.7.5 Westlake Chemical Recent Developments/Updates
        7.7.6 Westlake Chemical Competitive Strengths & Weaknesses
    7.8 Olin Corp
        7.8.1 Olin Corp Details
        7.8.2 Olin Corp Major Business
        7.8.3 Olin Corp Wind Turbine Blade Composite Materials Product and Services
        7.8.4 Olin Corp Wind Turbine Blade Composite Materials Production, Price, Value, Gross Margin and Market Share (2018-2023)
        7.8.5 Olin Corp Recent Developments/Updates
        7.8.6 Olin Corp Competitive Strengths & Weaknesses
    7.9 Swancor Holding
        7.9.1 Swancor Holding Details
        7.9.2 Swancor Holding Major Business
        7.9.3 Swancor Holding Wind Turbine Blade Composite Materials Product and Services
        7.9.4 Swancor Holding Wind Turbine Blade Composite Materials Production, Price, Value, Gross Margin and Market Share (2018-2023)
        7.9.5 Swancor Holding Recent Developments/Updates
        7.9.6 Swancor Holding Competitive Strengths & Weaknesses
    7.10 Wells Advanced Materials
        7.10.1 Wells Advanced Materials Details
        7.10.2 Wells Advanced Materials Major Business
        7.10.3 Wells Advanced Materials Wind Turbine Blade Composite Materials Product and Services
        7.10.4 Wells Advanced Materials Wind Turbine Blade Composite Materials Production, Price, Value, Gross Margin and Market Share (2018-2023)
        7.10.5 Wells Advanced Materials Recent Developments/Updates
        7.10.6 Wells Advanced Materials Competitive Strengths & Weaknesses
    7.11 Owens Corning
        7.11.1 Owens Corning Details
        7.11.2 Owens Corning Major Business
        7.11.3 Owens Corning Wind Turbine Blade Composite Materials Product and Services
        7.11.4 Owens Corning Wind Turbine Blade Composite Materials Production, Price, Value, Gross Margin and Market Share (2018-2023)
        7.11.5 Owens Corning Recent Developments/Updates
        7.11.6 Owens Corning Competitive Strengths & Weaknesses
    7.12 Taishan Fiberglass
        7.12.1 Taishan Fiberglass Details
        7.12.2 Taishan Fiberglass Major Business
        7.12.3 Taishan Fiberglass Wind Turbine Blade Composite Materials Product and Services
        7.12.4 Taishan Fiberglass Wind Turbine Blade Composite Materials Production, Price, Value, Gross Margin and Market Share (2018-2023)
        7.12.5 Taishan Fiberglass Recent Developments/Updates
        7.12.6 Taishan Fiberglass Competitive Strengths & Weaknesses
    7.13 Chongqing Polycomp
        7.13.1 Chongqing Polycomp Details
        7.13.2 Chongqing Polycomp Major Business
        7.13.3 Chongqing Polycomp Wind Turbine Blade Composite Materials Product and Services
        7.13.4 Chongqing Polycomp Wind Turbine Blade Composite Materials Production, Price, Value, Gross Margin and Market Share (2018-2023)
        7.13.5 Chongqing Polycomp Recent Developments/Updates
        7.13.6 Chongqing Polycomp Competitive Strengths & Weaknesses
    7.14 Gurit
        7.14.1 Gurit Details
        7.14.2 Gurit Major Business
        7.14.3 Gurit Wind Turbine Blade Composite Materials Product and Services
        7.14.4 Gurit Wind Turbine Blade Composite Materials Production, Price, Value, Gross Margin and Market Share (2018-2023)
        7.14.5 Gurit Recent Developments/Updates
        7.14.6 Gurit Competitive Strengths & Weaknesses

8 Industry Chain Analysis
    8.1 Wind Turbine Blade Composite Materials Industry Chain
    8.2 Wind Turbine Blade Composite Materials Upstream Analysis
        8.2.1 Wind Turbine Blade Composite Materials Core Raw Materials
        8.2.2 Main Manufacturers of Wind Turbine Blade Composite Materials Core Raw Materials
    8.3 Midstream Analysis
    8.4 Downstream Analysis
    8.5 Wind Turbine Blade Composite Materials Production Mode
    8.6 Wind Turbine Blade Composite Materials Procurement Model
    8.7 Wind Turbine Blade Composite Materials Industry Sales Model and Sales Channels
        8.7.1 Wind Turbine Blade Composite Materials Sales Model
        8.7.2 Wind Turbine Blade Composite Materials Typical Customers

9 Research Findings and Conclusion

10 Appendix
    10.1 Methodology
    10.2 Research Process and Data Source
    10.3 Disclaimer

Table of Figures

List of Tables
    Table 1. World Wind Turbine Blade Composite Materials Production Value by Region (2018, 2022 and 2029) & (USD Million)
    Table 2. World Wind Turbine Blade Composite Materials Production Value by Region (2018-2023) & (USD Million)
    Table 3. World Wind Turbine Blade Composite Materials Production Value by Region (2024-2029) & (USD Million)
    Table 4. World Wind Turbine Blade Composite Materials Production Value Market Share by Region (2018-2023)
    Table 5. World Wind Turbine Blade Composite Materials Production Value Market Share by Region (2024-2029)
    Table 6. World Wind Turbine Blade Composite Materials Production by Region (2018-2023) & (Tons)
    Table 7. World Wind Turbine Blade Composite Materials Production by Region (2024-2029) & (Tons)
    Table 8. World Wind Turbine Blade Composite Materials Production Market Share by Region (2018-2023)
    Table 9. World Wind Turbine Blade Composite Materials Production Market Share by Region (2024-2029)
    Table 10. World Wind Turbine Blade Composite Materials Average Price by Region (2018-2023) & (US$/Ton)
    Table 11. World Wind Turbine Blade Composite Materials Average Price by Region (2024-2029) & (US$/Ton)
    Table 12. Wind Turbine Blade Composite Materials Major Market Trends
    Table 13. World Wind Turbine Blade Composite Materials Consumption Growth Rate Forecast by Region (2018 & 2022 & 2029) & (Tons)
    Table 14. World Wind Turbine Blade Composite Materials Consumption by Region (2018-2023) & (Tons)
    Table 15. World Wind Turbine Blade Composite Materials Consumption Forecast by Region (2024-2029) & (Tons)
    Table 16. World Wind Turbine Blade Composite Materials Production Value by Manufacturer (2018-2023) & (USD Million)
    Table 17. Production Value Market Share of Key Wind Turbine Blade Composite Materials Producers in 2022
    Table 18. World Wind Turbine Blade Composite Materials Production by Manufacturer (2018-2023) & (Tons)
    Table 19. Production Market Share of Key Wind Turbine Blade Composite Materials Producers in 2022
    Table 20. World Wind Turbine Blade Composite Materials Average Price by Manufacturer (2018-2023) & (US$/Ton)
    Table 21. Global Wind Turbine Blade Composite Materials Company Evaluation Quadrant
    Table 22. World Wind Turbine Blade Composite Materials Industry Rank of Major Manufacturers, Based on Production Value in 2022
    Table 23. Head Office and Wind Turbine Blade Composite Materials Production Site of Key Manufacturer
    Table 24. Wind Turbine Blade Composite Materials Market: Company Product Type Footprint
    Table 25. Wind Turbine Blade Composite Materials Market: Company Product Application Footprint
    Table 26. Wind Turbine Blade Composite Materials Competitive Factors
    Table 27. Wind Turbine Blade Composite Materials New Entrant and Capacity Expansion Plans
    Table 28. Wind Turbine Blade Composite Materials Mergers & Acquisitions Activity
    Table 29. United States VS China Wind Turbine Blade Composite Materials Production Value Comparison, (2018 & 2022 & 2029) & (USD Million)
    Table 30. United States VS China Wind Turbine Blade Composite Materials Production Comparison, (2018 & 2022 & 2029) & (Tons)
    Table 31. United States VS China Wind Turbine Blade Composite Materials Consumption Comparison, (2018 & 2022 & 2029) & (Tons)
    Table 32. United States Based Wind Turbine Blade Composite Materials Manufacturers, Headquarters and Production Site (States, Country)
    Table 33. United States Based Manufacturers Wind Turbine Blade Composite Materials Production Value, (2018-2023) & (USD Million)
    Table 34. United States Based Manufacturers Wind Turbine Blade Composite Materials Production Value Market Share (2018-2023)
    Table 35. United States Based Manufacturers Wind Turbine Blade Composite Materials Production (2018-2023) & (Tons)
    Table 36. United States Based Manufacturers Wind Turbine Blade Composite Materials Production Market Share (2018-2023)
    Table 37. China Based Wind Turbine Blade Composite Materials Manufacturers, Headquarters and Production Site (Province, Country)
    Table 38. China Based Manufacturers Wind Turbine Blade Composite Materials Production Value, (2018-2023) & (USD Million)
    Table 39. China Based Manufacturers Wind Turbine Blade Composite Materials Production Value Market Share (2018-2023)
    Table 40. China Based Manufacturers Wind Turbine Blade Composite Materials Production (2018-2023) & (Tons)
    Table 41. China Based Manufacturers Wind Turbine Blade Composite Materials Production Market Share (2018-2023)
    Table 42. Rest of World Based Wind Turbine Blade Composite Materials Manufacturers, Headquarters and Production Site (States, Country)
    Table 43. Rest of World Based Manufacturers Wind Turbine Blade Composite Materials Production Value, (2018-2023) & (USD Million)
    Table 44. Rest of World Based Manufacturers Wind Turbine Blade Composite Materials Production Value Market Share (2018-2023)
    Table 45. Rest of World Based Manufacturers Wind Turbine Blade Composite Materials Production (2018-2023) & (Tons)
    Table 46. Rest of World Based Manufacturers Wind Turbine Blade Composite Materials Production Market Share (2018-2023)
    Table 47. World Wind Turbine Blade Composite Materials Production Value by Type, (USD Million), 2018 & 2022 & 2029
    Table 48. World Wind Turbine Blade Composite Materials Production by Type (2018-2023) & (Tons)
    Table 49. World Wind Turbine Blade Composite Materials Production by Type (2024-2029) & (Tons)
    Table 50. World Wind Turbine Blade Composite Materials Production Value by Type (2018-2023) & (USD Million)
    Table 51. World Wind Turbine Blade Composite Materials Production Value by Type (2024-2029) & (USD Million)
    Table 52. World Wind Turbine Blade Composite Materials Average Price by Type (2018-2023) & (US$/Ton)
    Table 53. World Wind Turbine Blade Composite Materials Average Price by Type (2024-2029) & (US$/Ton)
    Table 54. World Wind Turbine Blade Composite Materials Production Value by Application, (USD Million), 2018 & 2022 & 2029
    Table 55. World Wind Turbine Blade Composite Materials Production by Application (2018-2023) & (Tons)
    Table 56. World Wind Turbine Blade Composite Materials Production by Application (2024-2029) & (Tons)
    Table 57. World Wind Turbine Blade Composite Materials Production Value by Application (2018-2023) & (USD Million)
    Table 58. World Wind Turbine Blade Composite Materials Production Value by Application (2024-2029) & (USD Million)
    Table 59. World Wind Turbine Blade Composite Materials Average Price by Application (2018-2023) & (US$/Ton)
    Table 60. World Wind Turbine Blade Composite Materials Average Price by Application (2024-2029) & (US$/Ton)
    Table 61. Toray Industries Basic Information, Manufacturing Base and Competitors
    Table 62. Toray Industries Major Business
    Table 63. Toray Industries Wind Turbine Blade Composite Materials Product and Services
    Table 64. Toray Industries Wind Turbine Blade Composite Materials Production (Tons), Price (US$/Ton), Production Value (USD Million), Gross Margin and Market Share (2018-2023)
    Table 65. Toray Industries Recent Developments/Updates
    Table 66. Toray Industries Competitive Strengths & Weaknesses
    Table 67. SGL Carbon Basic Information, Manufacturing Base and Competitors
    Table 68. SGL Carbon Major Business
    Table 69. SGL Carbon Wind Turbine Blade Composite Materials Product and Services
    Table 70. SGL Carbon Wind Turbine Blade Composite Materials Production (Tons), Price (US$/Ton), Production Value (USD Million), Gross Margin and Market Share (2018-2023)
    Table 71. SGL Carbon Recent Developments/Updates
    Table 72. SGL Carbon Competitive Strengths & Weaknesses
    Table 73. Teijin Basic Information, Manufacturing Base and Competitors
    Table 74. Teijin Major Business
    Table 75. Teijin Wind Turbine Blade Composite Materials Product and Services
    Table 76. Teijin Wind Turbine Blade Composite Materials Production (Tons), Price (US$/Ton), Production Value (USD Million), Gross Margin and Market Share (2018-2023)
    Table 77. Teijin Recent Developments/Updates
    Table 78. Teijin Competitive Strengths & Weaknesses
    Table 79. Mitsubishi Chemical Basic Information, Manufacturing Base and Competitors
    Table 80. Mitsubishi Chemical Major Business
    Table 81. Mitsubishi Chemical Wind Turbine Blade Composite Materials Product and Services
    Table 82. Mitsubishi Chemical Wind Turbine Blade Composite Materials Production (Tons), Price (US$/Ton), Production Value (USD Million), Gross Margin and Market Share (2018-2023)
    Table 83. Mitsubishi Chemical Recent Developments/Updates
    Table 84. Mitsubishi Chemical Competitive Strengths & Weaknesses
    Table 85. Hexcel Basic Information, Manufacturing Base and Competitors
    Table 86. Hexcel Major Business
    Table 87. Hexcel Wind Turbine Blade Composite Materials Product and Services
    Table 88. Hexcel Wind Turbine Blade Composite Materials Production (Tons), Price (US$/Ton), Production Value (USD Million), Gross Margin and Market Share (2018-2023)
    Table 89. Hexcel Recent Developments/Updates
    Table 90. Hexcel Competitive Strengths & Weaknesses
    Table 91. Techstorm Basic Information, Manufacturing Base and Competitors
    Table 92. Techstorm Major Business
    Table 93. Techstorm Wind Turbine Blade Composite Materials Product and Services
    Table 94. Techstorm Wind Turbine Blade Composite Materials Production (Tons), Price (US$/Ton), Production Value (USD Million), Gross Margin and Market Share (2018-2023)
    Table 95. Techstorm Recent Developments/Updates
    Table 96. Techstorm Competitive Strengths & Weaknesses
    Table 97. Westlake Chemical Basic Information, Manufacturing Base and Competitors
    Table 98. Westlake Chemical Major Business
    Table 99. Westlake Chemical Wind Turbine Blade Composite Materials Product and Services
    Table 100. Westlake Chemical Wind Turbine Blade Composite Materials Production (Tons), Price (US$/Ton), Production Value (USD Million), Gross Margin and Market Share (2018-2023)
    Table 101. Westlake Chemical Recent Developments/Updates
    Table 102. Westlake Chemical Competitive Strengths & Weaknesses
    Table 103. Olin Corp Basic Information, Manufacturing Base and Competitors
    Table 104. Olin Corp Major Business
    Table 105. Olin Corp Wind Turbine Blade Composite Materials Product and Services
    Table 106. Olin Corp Wind Turbine Blade Composite Materials Production (Tons), Price (US$/Ton), Production Value (USD Million), Gross Margin and Market Share (2018-2023)
    Table 107. Olin Corp Recent Developments/Updates
    Table 108. Olin Corp Competitive Strengths & Weaknesses
    Table 109. Swancor Holding Basic Information, Manufacturing Base and Competitors
    Table 110. Swancor Holding Major Business
    Table 111. Swancor Holding Wind Turbine Blade Composite Materials Product and Services
    Table 112. Swancor Holding Wind Turbine Blade Composite Materials Production (Tons), Price (US$/Ton), Production Value (USD Million), Gross Margin and Market Share (2018-2023)
    Table 113. Swancor Holding Recent Developments/Updates
    Table 114. Swancor Holding Competitive Strengths & Weaknesses
    Table 115. Wells Advanced Materials Basic Information, Manufacturing Base and Competitors
    Table 116. Wells Advanced Materials Major Business
    Table 117. Wells Advanced Materials Wind Turbine Blade Composite Materials Product and Services
    Table 118. Wells Advanced Materials Wind Turbine Blade Composite Materials Production (Tons), Price (US$/Ton), Production Value (USD Million), Gross Margin and Market Share (2018-2023)
    Table 119. Wells Advanced Materials Recent Developments/Updates
    Table 120. Wells Advanced Materials Competitive Strengths & Weaknesses
    Table 121. Owens Corning Basic Information, Manufacturing Base and Competitors
    Table 122. Owens Corning Major Business
    Table 123. Owens Corning Wind Turbine Blade Composite Materials Product and Services
    Table 124. Owens Corning Wind Turbine Blade Composite Materials Production (Tons), Price (US$/Ton), Production Value (USD Million), Gross Margin and Market Share (2018-2023)
    Table 125. Owens Corning Recent Developments/Updates
    Table 126. Owens Corning Competitive Strengths & Weaknesses
    Table 127. Taishan Fiberglass Basic Information, Manufacturing Base and Competitors
    Table 128. Taishan Fiberglass Major Business
    Table 129. Taishan Fiberglass Wind Turbine Blade Composite Materials Product and Services
    Table 130. Taishan Fiberglass Wind Turbine Blade Composite Materials Production (Tons), Price (US$/Ton), Production Value (USD Million), Gross Margin and Market Share (2018-2023)
    Table 131. Taishan Fiberglass Recent Developments/Updates
    Table 132. Taishan Fiberglass Competitive Strengths & Weaknesses
    Table 133. Chongqing Polycomp Basic Information, Manufacturing Base and Competitors
    Table 134. Chongqing Polycomp Major Business
    Table 135. Chongqing Polycomp Wind Turbine Blade Composite Materials Product and Services
    Table 136. Chongqing Polycomp Wind Turbine Blade Composite Materials Production (Tons), Price (US$/Ton), Production Value (USD Million), Gross Margin and Market Share (2018-2023)
    Table 137. Chongqing Polycomp Recent Developments/Updates
    Table 138. Gurit Basic Information, Manufacturing Base and Competitors
    Table 139. Gurit Major Business
    Table 140. Gurit Wind Turbine Blade Composite Materials Product and Services
    Table 141. Gurit Wind Turbine Blade Composite Materials Production (Tons), Price (US$/Ton), Production Value (USD Million), Gross Margin and Market Share (2018-2023)
    Table 142. Global Key Players of Wind Turbine Blade Composite Materials Upstream (Raw Materials)
    Table 143. Wind Turbine Blade Composite Materials Typical Customers
    Table 144. Wind Turbine Blade Composite Materials Typical Distributors
List of Figure
    Figure 1. Wind Turbine Blade Composite Materials Picture
    Figure 2. World Wind Turbine Blade Composite Materials Production Value: 2018 & 2022 & 2029, (USD Million)
    Figure 3. World Wind Turbine Blade Composite Materials Production Value and Forecast (2018-2029) & (USD Million)
    Figure 4. World Wind Turbine Blade Composite Materials Production (2018-2029) & (Tons)
    Figure 5. World Wind Turbine Blade Composite Materials Average Price (2018-2029) & (US$/Ton)
    Figure 6. World Wind Turbine Blade Composite Materials Production Value Market Share by Region (2018-2029)
    Figure 7. World Wind Turbine Blade Composite Materials Production Market Share by Region (2018-2029)
    Figure 8. North America Wind Turbine Blade Composite Materials Production (2018-2029) & (Tons)
    Figure 9. Europe Wind Turbine Blade Composite Materials Production (2018-2029) & (Tons)
    Figure 10. China Wind Turbine Blade Composite Materials Production (2018-2029) & (Tons)
    Figure 11. Japan Wind Turbine Blade Composite Materials Production (2018-2029) & (Tons)
    Figure 12. Wind Turbine Blade Composite Materials Market Drivers
    Figure 13. Factors Affecting Demand
    Figure 14. World Wind Turbine Blade Composite Materials Consumption (2018-2029) & (Tons)
    Figure 15. World Wind Turbine Blade Composite Materials Consumption Market Share by Region (2018-2029)
    Figure 16. United States Wind Turbine Blade Composite Materials Consumption (2018-2029) & (Tons)
    Figure 17. China Wind Turbine Blade Composite Materials Consumption (2018-2029) & (Tons)
    Figure 18. Europe Wind Turbine Blade Composite Materials Consumption (2018-2029) & (Tons)
    Figure 19. Japan Wind Turbine Blade Composite Materials Consumption (2018-2029) & (Tons)
    Figure 20. South Korea Wind Turbine Blade Composite Materials Consumption (2018-2029) & (Tons)
    Figure 21. ASEAN Wind Turbine Blade Composite Materials Consumption (2018-2029) & (Tons)
    Figure 22. India Wind Turbine Blade Composite Materials Consumption (2018-2029) & (Tons)
    Figure 23. Producer Shipments of Wind Turbine Blade Composite Materials by Manufacturer Revenue ($MM) and Market Share (%): 2022
    Figure 24. Global Four-firm Concentration Ratios (CR4) for Wind Turbine Blade Composite Materials Markets in 2022
    Figure 25. Global Four-firm Concentration Ratios (CR8) for Wind Turbine Blade Composite Materials Markets in 2022
    Figure 26. United States VS China: Wind Turbine Blade Composite Materials Production Value Market Share Comparison (2018 & 2022 & 2029)
    Figure 27. United States VS China: Wind Turbine Blade Composite Materials Production Market Share Comparison (2018 & 2022 & 2029)
    Figure 28. United States VS China: Wind Turbine Blade Composite Materials Consumption Market Share Comparison (2018 & 2022 & 2029)
    Figure 29. United States Based Manufacturers Wind Turbine Blade Composite Materials Production Market Share 2022
    Figure 30. China Based Manufacturers Wind Turbine Blade Composite Materials Production Market Share 2022
    Figure 31. Rest of World Based Manufacturers Wind Turbine Blade Composite Materials Production Market Share 2022
    Figure 32. World Wind Turbine Blade Composite Materials Production Value by Type, (USD Million), 2018 & 2022 & 2029
    Figure 33. World Wind Turbine Blade Composite Materials Production Value Market Share by Type in 2022
    Figure 34. Glass Fiber Reinforced Composites
    Figure 35. Carbon Fiber Reinforced Composites
    Figure 36. World Wind Turbine Blade Composite Materials Production Market Share by Type (2018-2029)
    Figure 37. World Wind Turbine Blade Composite Materials Production Value Market Share by Type (2018-2029)
    Figure 38. World Wind Turbine Blade Composite Materials Average Price by Type (2018-2029) & (US$/Ton)
    Figure 39. World Wind Turbine Blade Composite Materials Production Value by Application, (USD Million), 2018 & 2022 & 2029
    Figure 40. World Wind Turbine Blade Composite Materials Production Value Market Share by Application in 2022
    Figure 41. <2.0 MW
    Figure 42. 2.0-3.0 MW
    Figure 43. 3.0-5.0 MW
    Figure 44. >5.0 MW
    Figure 45. World Wind Turbine Blade Composite Materials Production Market Share by Application (2018-2029)
    Figure 46. World Wind Turbine Blade Composite Materials Production Value Market Share by Application (2018-2029)
    Figure 47. World Wind Turbine Blade Composite Materials Average Price by Application (2018-2029) & (US$/Ton)
    Figure 48. Wind Turbine Blade Composite Materials Industry Chain
    Figure 49. Wind Turbine Blade Composite Materials Procurement Model
    Figure 50. Wind Turbine Blade Composite Materials Sales Model
    Figure 51. Wind Turbine Blade Composite Materials Sales Channels, Direct Sales, and Distribution
    Figure 52. Methodology
    Figure 53. Research Process and Data Source

Research Methodology

Client Requirements

Review and analyze client requirements

Discussion of all the project requirements and queries

Flexibility Check

Project Feasibility Analysis

Finalizing tentative research programme

Structuring project proposal with scope, timeline, and costs

Analyzing Market Dynamics

Determination of key drivers, restraints, challenge, and opportunity

Identifies market needs and trends

Market Size Estimation & Forecast

Estimation of historical data based on secondary and primary data

Anticipating market recast by assigning weightage to market forces (drivers, restraints, opportunities)

Freezing historical and forecast market size estimations based on evolution, trends, outlook, and strategies

Consideration of geography, region-specific product/service demand for region segments

Consideration of product utilization rates, product demand outlook for segments by application or end-user.

Data Source

Secondary Source
Data collections from annual reports, presentations,associations, journals, analyst reports, paid database, press releases, blogs, newsletters,and GIR repositories.

Primary Source
Research discussion with manufacturers, distributors, suppliers, end user, industry experts to verify insights.

Validation and
triangulation of
secondary and primary source.

Collection of data

Cumulating and collating the essential qualitative and quantitative data

Generation of report in client requested format by research analysts

Reviews by expert analysts

Final quality check

Clarifying queries

Receiving feedback

Ensuring satisfaction

01 Identification of data

This step involves identification of several primary and secondary data research sources, including Global Info Research's internal data sources. The primary sources consist of in-depth discussions and interviews with policy makers, industry experts, and data evaluators, whereas secondary sources include a thorough study of market journals, press releases, annual reports, and government and non-government agencies websites.
02 Evaluation of Market Dynamic

This phase includes a detailed evaluation of several factors that are likely to affect the market dynamics. It involves a comprehensive assessment of major market pain points, drivers, and trends. It also comprises a detailed study of research plans and methodology.
03 Collection of Data

This process consists of gathering data, accessing proprietary databases, and reaching out to key industry participants that operate in the market across the value chain. It also involves studying several patterns in the historical data and comparing it with the current scenario.
04 Collaboration of Data

This stage involves the validation of data and arrival at actual statistics, and evolution of the market over the years. It entails the study and analyzes various segments and verticals of the market. An impact analysis is also performed to observe which factors will affect the market in the next few years.
05 Verification and Analysis

This is the final stage, which involves both quantity and quality checks. Although the process of data verification is an integral part of the research process, all data points and statistics and figures are re-checked to uphold their authenticity and validity.

Companies Mentioned

Toray Industries
SGL Carbon
Teijin
Mitsubishi Chemical
Hexcel
Techstorm
Westlake Chemical
Olin Corp
Swancor Holding
Wells Advanced Materials
Owens Corning
Taishan Fiberglass
Chongqing Polycomp
Gurit

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