What is Wind Energy Composite Market?
Wind energy composite consists of two or more composite material blended to provide mechanical and lightweight properties for adding strength and stiffness in blades along with the proper distribution of the load. The composites materials like fiberglass, carbon fibers are commonly used in various wind application as it provides required flexibility and stiffness to the wind energy turbines for smooth operations.
The market study is being classified by Type (Natural Composites and Hybrid and Nanoengineered Composites), by Application (Leaf Blade, Nacelles, Chassis and Other) and major geographies with country level break-up.
Exel Composites Oyj (Finland), Siemens AG (Gamesa) (Germany), TPI Composites, Inc. (United States), Molded Fiber Glass Companies (MFG) (United States), LM Wind Power (Denmark), Suzlon Energy Ltd, (India), Nordex SE (Germany), Enercon GmbH (Germany) and AVIC Huiteng Windpower Equipment Co. Ltd. (China) are some of the key players profiled in the study.
Analyst at AMA have segmented the market study of Global Wind Energy Composite market by Type, Application and Region.
On the basis of geography, the market of Wind Energy Composite has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
- Growing Demand for Renewable Energy Around the World
- Increasing Production of Wind Power Station Demands Good Mechanical Properties and Lightweight Materials in the Wind Turbines Operation
- Increasing Use of Wind Energy Turbines in Leaf Blade and Nacelles
- Problem with the Composite Materials Fatigue Issues in Wind Turbine Blade Construction
- Technological Advancement and Upgradation in the Wind Energy Composite Materials
- Stringent Regulatory Guidelines and Standards on the Wind Energy Composite
On 23rd September 2020, LM Wind Power including cross-sector Consortium announced a project to design and manufacture the wind industry first 1010% recyclable wind turbine blade. Wind energy, both onshore and offshore, plays a critical role in the world’s transition to carbon-free energy sources. With a product lifespan of 30 years and a wind turbine recyclability rate of 85% to 90%, the wind power industry is now looking to close the remaining gap by designing and manufacturing the first 100% recyclable wind turbine blade.
Key Target AudienceWind Energy Composite Manufacturers, Wind Energy Sector Industry Association, Research and Development Institutes, Potential Investors, Regulatory Bodies and Others
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Data related to EXIM [Export- Import], production & consumption by country or regional level break-up can be provided based on client request**
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