Wind Turbine Composites Market
Wind Turbine Composites Market Forecasts to 2030 - Global Analysis By Fiber Type (Carbon Fiber Composites, Glass Fiber Composites and Other Fiber Types), Resin Type (Polyester, Vinyl Ester, Epoxy, Polyurethane and Other Resign Types), Technology, Application and By Geography
|
Years Covered |
2021-2030 |
|
Estimated Year Value (2023) |
US $7.08 BN |
|
Projected Year Value (2030) |
US $12.95 BN |
|
CAGR (2023 - 2030) |
9.0% |
|
Regions Covered |
North America, Europe, Asia Pacific, South America, and Middle East & Africa |
|
Countries Covered |
US, Canada, Mexico, Germany, UK, Italy, France, Spain, Japan, China, India, Australia, New Zealand, South Korea, Rest of Asia Pacific, South America, Argentina, Brazil, Chile, Middle East & Africa, Saudi Arabia, UAE, Qatar, and South Africa |
|
Largest Market |
Asia Pacific |
|
Highest Growing Market |
North America |
According to Stratistics MRC, the Global Wind Turbine Composites Market is accounted for $7.08 billion in 2023 and is expected to reach $12.95 billion by 2030 growing at a CAGR of 9.0% during the forecast period. Wind turbine composites are defined as the composites or components that are utilized in the production of wind turbine parts, such as blades and nacelles. The use of composites aids in the creation of lightweight, high-quality, long-lasting, corrosion-resistant components with minimal maintenance requirements. Wind turbine composites enhance turbine performance by enabling the construction of larger and more efficient blades. They contribute to the renewable energy sector's growth by improving energy capture efficiency and promoting sustainability.
According to the Ministry of New and Renewable Energy (MNRE), India has the fourth-highest wind installed capacity in the world with a total installed capacity of 39.25 GW (as of 31st March 2021) and has generated around 60.149 billion Units during 2020-2021.
Market Dynamics:
Driver:
Escalating demand for renewable energy sources
As the world intensifies efforts to combat climate change and reduce dependency on fossil fuels, wind energy emerges as a crucial component of the global renewable energy mix. The inherent environmental benefits, coupled with governmental commitments to clean energy targets, propel the expansion of wind power projects. Wind turbine composites play a pivotal role in this scenario, enhancing the efficiency and durability of turbines. Their lightweight and durable properties contribute to the construction of larger and more efficient wind turbines, meeting the rising demand for sustainable energy solutions.
Restraint:
Recycling challenges
The composite materials used in wind turbine components, often composed of fibreglass or carbon fibre-reinforced polymers, pose difficulties in recycling. These materials are complex and difficult to separate and process, which raises concerns regarding their potential effects on the environment and their sustainable disposal. These issues are made worse by the absence of standardised recycling procedures, which prevents the general adoption of eco-friendly behaviours. Therefore, there is a decreasing demand for market growth.
Opportunity:
Demand for lightweight and durable composite materials
As the wind energy sector continues to expand globally, there is a heightened emphasis on improving turbine efficiency and performance. Lightweight composites, such as fibreglass and carbon fibre-reinforced polymers, offer a strategic solution by reducing the overall weight of turbine components without compromising strength. This not only enhances energy capture efficiency but also facilitates easier transportation, installation, and maintenance. The opportunity lies in advancing research and development to create innovative composite materials that meet the industry's need for high-performance and sustainable solutions in the evolving landscape of wind energy production.
Threat:
Price volatility of raw materials
Fluctuations in the costs of essential raw materials, such as carbon fibre and resins, can impact manufacturing expenses, potentially making composite materials less cost-competitive. Sudden price increases can strain profit margins for manufacturers and may affect the overall economic viability of wind energy projects. This threat emphasises the importance of supply chain resilience, hedging strategies, and ongoing efforts to explore alternative materials or manufacturing processes that mitigate the vulnerability of the wind turbine composites market.
Covid-19 Impact
The wind turbine composites market faced challenges due to COVID-19 as the pandemic disrupted global supply chains and impacted project timelines. Lockdowns and restrictions hampered manufacturing activities, causing delays in the production and installation of wind turbines. Travel restrictions and economic uncertainties also affected investments in renewable projects. However, the crisis accelerated the focus on sustainable energy, prompting increased interest in wind power post-pandemic. The industry demonstrated resilience, with recovery driven by renewed government commitments to green initiatives and a growing emphasis on clean energy solutions.
The carbon fiber composites segment is expected to be the largest during the forecast period
The carbon fiber composites segment is estimated to hold the largest share. In wind turbine applications, carbon fiber composites are employed in components like blades and nacelles to optimize performance and longevity. Their lightweight nature allows for increased efficiency in power generation, while their robust properties withstand harsh environmental conditions. As the demand for high-performance and durable wind turbines grows, the carbon fibre composites segment continues to advance, contributing significantly to the overall innovation and sustainability of the wind energy sector.
The prepreg segment is expected to have the highest CAGR during the forecast period
The prepreg segment is anticipated to have lucrative growth during the forecast period. Prepreg refers to pre-impregnated composite fibres with a resin matrix. These advanced materials offer precise control over resin content, ensuring uniformity and superior mechanical properties. In wind turbine applications, prepreg is extensively utilized in manufacturing turbine blades. Moreover, prepregs facilitate streamlined manufacturing processes, reducing waste and enhancing overall production efficiency. As the wind energy sector grows, the segment continues to play a vital role in advancing the technological sophistication and sustainability of wind turbine components.
Region with largest share:
Asia Pacific commanded the largest market share during the extrapolated period owing to escalating demand for clean energy sources and sustainable power generation. Countries like China and India are leading the adoption of wind energy, fostering the development of advanced composite materials for wind turbine manufacturing. The region benefits from increasing government initiatives promoting renewable energy, favourable wind energy policies, and a growing awareness of environmental sustainability. As a result, the Asia-Pacific market is poised for continued expansion, contributing to the region's transition towards greener and more sustainable energy solutions.
Region with highest CAGR:
North America is expected to witness profitable growth over the projection period. The United States and Canada are witnessing substantial growth in wind power projects, propelling the demand for advanced composite materials in turbine manufacturing. Stringent environmental regulations, government incentives, and the pursuit of cleaner energy sources are driving this surge. Furthermore, with a strong commitment to reducing carbon emissions, the region's market is poised for sustained expansion in the transition to sustainable energy.
Key players in the market
Some of the key players in the Wind Turbine Composites Market include Avient Corp, SGL Carbon SE, Toray Industries Inc, Owens Corning, Covestro AG, Gurit Holding AG, Hexion Inc, EPSILON Composite SA, Hexcel Corp, Exel Composites Oyj, Suzlon Energy Limited, Huntsman Corporation, Vestas Wind Systems A/S, Teijin Limited, TPI Composites Inc, Reliance Industries Limited, Siemens AG, Cytec Industries Inc., Royal TenCate Inc. and Gamesa Corporation Technology Inc.
Key Developments:
In May 2021, Hexcel launched a range of HexPly® surface finishing prepregs and semi- prepregs for wind turbine blades and automotive and marine applications.
In June 2021, Evonik opened a new research and development centre in Shanghai, China. This centre will focus on developing new products and technologies for the Chinese market.
Fiber Types Covered:
• Carbon Fiber Composites
• Glass Fiber Composites
• Other Fiber Types
Resin Types Covered:
• Polyester
• Vinyl Ester
• Epoxy
• Polyurethane
• Other Resign Types
Technologies Covered:
• Resin Infusion
• Hand Lay-Up
• Prepreg
• Vacuum Injection Molding
• Other Technologies
Applications Covered:
• Nacelles
• Blades
• Tower
• Hub
• Other Applications
Regions Covered:
• North America
o US
o Canada
o Mexico
• Europe
o Germany
o UK
o Italy
o France
o Spain
o Rest of Europe
• Asia Pacific
o Japan
o China
o India
o Australia
o New Zealand
o South Korea
o Rest of Asia Pacific
• South America
o Argentina
o Brazil
o Chile
o Rest of South America
• Middle East & Africa
o Saudi Arabia
o UAE
o Qatar
o South Africa
o Rest of Middle East & Africa
What our report offers:
- Market share assessments for the regional and country-level segments
- Strategic recommendations for the new entrants
- Covers Market data for the years 2021, 2022, 2023, 2026, and 2030
- Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
- Strategic recommendations in key business segments based on the market estimations
- Competitive landscaping mapping the key common trends
- Company profiling with detailed strategies, financials, and recent developments
- Supply chain trends mapping the latest technological advancements
Free Customization Offerings:
All the customers of this report will be entitled to receive one of the following free customization options:
• Company Profiling
o Comprehensive profiling of additional market players (up to 3)
o SWOT Analysis of key players (up to 3)
• Regional Segmentation
o Market estimations, Forecasts and CAGR of any prominent country as per the client's interest (Note: Depends on feasibility check)
• Competitive Benchmarking
Benchmarking of key players based on product portfolio, geographical presence, and strategic alliances
Table of Contents
1 Executive Summary
2 Preface
2.1 Abstract
2.2 Stake Holders
2.3 Research Scope
2.4 Research Methodology
2.4.1 Data Mining
2.4.2 Data Analysis
2.4.3 Data Validation
2.4.4 Research Approach
2.5 Research Sources
2.5.1 Primary Research Sources
2.5.2 Secondary Research Sources
2.5.3 Assumptions
3 Market Trend Analysis
3.1 Introduction
3.2 Drivers
3.3 Restraints
3.4 Opportunities
3.5 Threats
3.6 Technology Analysis
3.7 Application Analysis
3.8 Emerging Markets
3.9 Impact of Covid-19
4 Porters Five Force Analysis
4.1 Bargaining power of suppliers
4.2 Bargaining power of buyers
4.3 Threat of substitutes
4.4 Threat of new entrants
4.5 Competitive rivalry
5 Global Wind Turbine Composites Market, By Fiber Type
5.1 Introduction
5.2 Carbon Fiber Composites
5.3 Glass Fiber Composites
5.4 Other Fiber Types
6 Global Wind Turbine Composites Market, By Resin Type
6.1 Introduction
6.2 Polyester
6.3 Vinyl Ester
6.4 Epoxy
6.5 Polyurethane
6.6 Other Resign Types
7 Global Wind Turbine Composites Market, By Technology
7.1 Introduction
7.2 Resin Infusion
7.3 Hand Lay-Up
7.4 Prepreg
7.5 Vacuum Injection Molding
7.6 Other Technologies
9 Global Wind Turbine Composites Market, By Application
9.1 Introduction
9.2 Nacelles
9.3 Blades
9.3.1 Gearbox
9.3.2 Generator
9.4 Tower
9.5 Hub
9.6 Other Applications
10 Global Wind Turbine Composites Market, By Geography
10.1 Introduction
10.2 North America
10.2.1 US
10.2.2 Canada
10.2.3 Mexico
10.3 Europe
10.3.1 Germany
10.3.2 UK
10.3.3 Italy
10.3.4 France
10.3.5 Spain
10.3.6 Rest of Europe
10.4 Asia Pacific
10.4.1 Japan
10.4.2 China
10.4.3 India
10.4.4 Australia
10.4.5 New Zealand
10.4.6 South Korea
10.4.7 Rest of Asia Pacific
10.5 South America
10.5.1 Argentina
10.5.2 Brazil
10.5.3 Chile
10.5.4 Rest of South America
10.6 Middle East & Africa
10.6.1 Saudi Arabia
10.6.2 UAE
10.6.3 Qatar
10.6.4 South Africa
10.6.5 Rest of Middle East & Africa
11 Key Developments
11.1 Agreements, Partnerships, Collaborations and Joint Ventures
11.2 Acquisitions & Mergers
11.3 New Product Launch
11.4 Expansions
11.5 Other Key Strategies
12 Company Profiling
12.1 Avient Corp
12.2 SGL Carbon SE
12.3 Toray Industries Inc
12.4 Owens Corning
12.5 Covestro AG
12.6 Gurit Holding AG
12.7 Hexion Inc
12.8 EPSILON Composite SA
12.9 Hexcel Corp
12.10 Exel Composites Oyj
12.11 Suzlon Energy Limited
12.12 Huntsman Corporation
12.13 Vestas Wind Systems A/S
12.14 Teijin Limited
12.15 TPI Composites Inc
12.16 Reliance Industries Limited
12.17 Siemens AG
12.18 Cytec Industries Inc.
12.19 Royal TenCate Inc.
12.20 Gamesa Corporation Technology Inc.
List of Tables
1 Global Wind Turbine Composites Market Outlook, By Region (2021-2030) ($MN)
2 Global Wind Turbine Composites Market Outlook, By Fiber Type (2021-2030) ($MN)
3 Global Wind Turbine Composites Market Outlook, By Carbon Fiber Composites (2021-2030) ($MN)
4 Global Wind Turbine Composites Market Outlook, By Glass Fiber Composites (2021-2030) ($MN)
5 Global Wind Turbine Composites Market Outlook, By Other Fiber Types (2021-2030) ($MN)
6 Global Wind Turbine Composites Market Outlook, By Resin Type (2021-2030) ($MN)
7 Global Wind Turbine Composites Market Outlook, By Polyester (2021-2030) ($MN)
8 Global Wind Turbine Composites Market Outlook, By Vinyl Ester (2021-2030) ($MN)
9 Global Wind Turbine Composites Market Outlook, By Epoxy (2021-2030) ($MN)
10 Global Wind Turbine Composites Market Outlook, By Polyurethane (2021-2030) ($MN)
11 Global Wind Turbine Composites Market Outlook, By Other Resign Types (2021-2030) ($MN)
12 Global Wind Turbine Composites Market Outlook, By Technology (2021-2030) ($MN)
13 Global Wind Turbine Composites Market Outlook, By Resin Infusion (2021-2030) ($MN)
14 Global Wind Turbine Composites Market Outlook, By Hand Lay-Up (2021-2030) ($MN)
15 Global Wind Turbine Composites Market Outlook, By Prepreg (2021-2030) ($MN)
16 Global Wind Turbine Composites Market Outlook, By Vacuum Injection Molding (2021-2030) ($MN)
17 Global Wind Turbine Composites Market Outlook, By Other Technologies (2021-2030) ($MN)
18 Global Wind Turbine Composites Market Outlook, By Application (2021-2030) ($MN)
19 Global Wind Turbine Composites Market Outlook, By Nacelles (2021-2030) ($MN)
20 Global Wind Turbine Composites Market Outlook, By Blades (2021-2030) ($MN)
21 Global Wind Turbine Composites Market Outlook, By Gearbox (2021-2030) ($MN)
22 Global Wind Turbine Composites Market Outlook, By Generator (2021-2030) ($MN)
23 Global Wind Turbine Composites Market Outlook, By Tower (2021-2030) ($MN)
24 Global Wind Turbine Composites Market Outlook, By Hub (2021-2030) ($MN)
25 Global Wind Turbine Composites Market Outlook, By Other Applications (2021-2030) ($MN)
26 North America Wind Turbine Composites Market Outlook, By Country (2021-2030) ($MN)
27 North America Wind Turbine Composites Market Outlook, By Fiber Type (2021-2030) ($MN)
28 North America Wind Turbine Composites Market Outlook, By Carbon Fiber Composites (2021-2030) ($MN)
29 North America Wind Turbine Composites Market Outlook, By Glass Fiber Composites (2021-2030) ($MN)
30 North America Wind Turbine Composites Market Outlook, By Other Fiber Types (2021-2030) ($MN)
31 North America Wind Turbine Composites Market Outlook, By Resin Type (2021-2030) ($MN)
32 North America Wind Turbine Composites Market Outlook, By Polyester (2021-2030) ($MN)
33 North America Wind Turbine Composites Market Outlook, By Vinyl Ester (2021-2030) ($MN)
34 North America Wind Turbine Composites Market Outlook, By Epoxy (2021-2030) ($MN)
35 North America Wind Turbine Composites Market Outlook, By Polyurethane (2021-2030) ($MN)
36 North America Wind Turbine Composites Market Outlook, By Other Resign Types (2021-2030) ($MN)
37 North America Wind Turbine Composites Market Outlook, By Technology (2021-2030) ($MN)
38 North America Wind Turbine Composites Market Outlook, By Resin Infusion (2021-2030) ($MN)
39 North America Wind Turbine Composites Market Outlook, By Hand Lay-Up (2021-2030) ($MN)
40 North America Wind Turbine Composites Market Outlook, By Prepreg (2021-2030) ($MN)
41 North America Wind Turbine Composites Market Outlook, By Vacuum Injection Molding (2021-2030) ($MN)
42 North America Wind Turbine Composites Market Outlook, By Other Technologies (2021-2030) ($MN)
43 North America Wind Turbine Composites Market Outlook, By Application (2021-2030) ($MN)
44 North America Wind Turbine Composites Market Outlook, By Nacelles (2021-2030) ($MN)
45 North America Wind Turbine Composites Market Outlook, By Blades (2021-2030) ($MN)
46 North America Wind Turbine Composites Market Outlook, By Gearbox (2021-2030) ($MN)
47 North America Wind Turbine Composites Market Outlook, By Generator (2021-2030) ($MN)
48 North America Wind Turbine Composites Market Outlook, By Tower (2021-2030) ($MN)
49 North America Wind Turbine Composites Market Outlook, By Hub (2021-2030) ($MN)
50 North America Wind Turbine Composites Market Outlook, By Other Applications (2021-2030) ($MN)
51 Europe Wind Turbine Composites Market Outlook, By Country (2021-2030) ($MN)
52 Europe Wind Turbine Composites Market Outlook, By Fiber Type (2021-2030) ($MN)
53 Europe Wind Turbine Composites Market Outlook, By Carbon Fiber Composites (2021-2030) ($MN)
54 Europe Wind Turbine Composites Market Outlook, By Glass Fiber Composites (2021-2030) ($MN)
55 Europe Wind Turbine Composites Market Outlook, By Other Fiber Types (2021-2030) ($MN)
56 Europe Wind Turbine Composites Market Outlook, By Resin Type (2021-2030) ($MN)
57 Europe Wind Turbine Composites Market Outlook, By Polyester (2021-2030) ($MN)
58 Europe Wind Turbine Composites Market Outlook, By Vinyl Ester (2021-2030) ($MN)
59 Europe Wind Turbine Composites Market Outlook, By Epoxy (2021-2030) ($MN)
60 Europe Wind Turbine Composites Market Outlook, By Polyurethane (2021-2030) ($MN)
61 Europe Wind Turbine Composites Market Outlook, By Other Resign Types (2021-2030) ($MN)
62 Europe Wind Turbine Composites Market Outlook, By Technology (2021-2030) ($MN)
63 Europe Wind Turbine Composites Market Outlook, By Resin Infusion (2021-2030) ($MN)
64 Europe Wind Turbine Composites Market Outlook, By Hand Lay-Up (2021-2030) ($MN)
65 Europe Wind Turbine Composites Market Outlook, By Prepreg (2021-2030) ($MN)
66 Europe Wind Turbine Composites Market Outlook, By Vacuum Injection Molding (2021-2030) ($MN)
67 Europe Wind Turbine Composites Market Outlook, By Other Technologies (2021-2030) ($MN)
68 Europe Wind Turbine Composites Market Outlook, By Application (2021-2030) ($MN)
69 Europe Wind Turbine Composites Market Outlook, By Nacelles (2021-2030) ($MN)
70 Europe Wind Turbine Composites Market Outlook, By Blades (2021-2030) ($MN)
71 Europe Wind Turbine Composites Market Outlook, By Gearbox (2021-2030) ($MN)
72 Europe Wind Turbine Composites Market Outlook, By Generator (2021-2030) ($MN)
73 Europe Wind Turbine Composites Market Outlook, By Tower (2021-2030) ($MN)
74 Europe Wind Turbine Composites Market Outlook, By Hub (2021-2030) ($MN)
75 Europe Wind Turbine Composites Market Outlook, By Other Applications (2021-2030) ($MN)
76 Asia Pacific Wind Turbine Composites Market Outlook, By Country (2021-2030) ($MN)
77 Asia Pacific Wind Turbine Composites Market Outlook, By Fiber Type (2021-2030) ($MN)
78 Asia Pacific Wind Turbine Composites Market Outlook, By Carbon Fiber Composites (2021-2030) ($MN)
79 Asia Pacific Wind Turbine Composites Market Outlook, By Glass Fiber Composites (2021-2030) ($MN)
80 Asia Pacific Wind Turbine Composites Market Outlook, By Other Fiber Types (2021-2030) ($MN)
81 Asia Pacific Wind Turbine Composites Market Outlook, By Resin Type (2021-2030) ($MN)
82 Asia Pacific Wind Turbine Composites Market Outlook, By Polyester (2021-2030) ($MN)
83 Asia Pacific Wind Turbine Composites Market Outlook, By Vinyl Ester (2021-2030) ($MN)
84 Asia Pacific Wind Turbine Composites Market Outlook, By Epoxy (2021-2030) ($MN)
85 Asia Pacific Wind Turbine Composites Market Outlook, By Polyurethane (2021-2030) ($MN)
86 Asia Pacific Wind Turbine Composites Market Outlook, By Other Resign Types (2021-2030) ($MN)
87 Asia Pacific Wind Turbine Composites Market Outlook, By Technology (2021-2030) ($MN)
88 Asia Pacific Wind Turbine Composites Market Outlook, By Resin Infusion (2021-2030) ($MN)
89 Asia Pacific Wind Turbine Composites Market Outlook, By Hand Lay-Up (2021-2030) ($MN)
90 Asia Pacific Wind Turbine Composites Market Outlook, By Prepreg (2021-2030) ($MN)
91 Asia Pacific Wind Turbine Composites Market Outlook, By Vacuum Injection Molding (2021-2030) ($MN)
92 Asia Pacific Wind Turbine Composites Market Outlook, By Other Technologies (2021-2030) ($MN)
93 Asia Pacific Wind Turbine Composites Market Outlook, By Application (2021-2030) ($MN)
94 Asia Pacific Wind Turbine Composites Market Outlook, By Nacelles (2021-2030) ($MN)
95 Asia Pacific Wind Turbine Composites Market Outlook, By Blades (2021-2030) ($MN)
96 Asia Pacific Wind Turbine Composites Market Outlook, By Gearbox (2021-2030) ($MN)
97 Asia Pacific Wind Turbine Composites Market Outlook, By Generator (2021-2030) ($MN)
98 Asia Pacific Wind Turbine Composites Market Outlook, By Tower (2021-2030) ($MN)
99 Asia Pacific Wind Turbine Composites Market Outlook, By Hub (2021-2030) ($MN)
100 Asia Pacific Wind Turbine Composites Market Outlook, By Other Applications (2021-2030) ($MN)
101 South America Wind Turbine Composites Market Outlook, By Country (2021-2030) ($MN)
102 South America Wind Turbine Composites Market Outlook, By Fiber Type (2021-2030) ($MN)
103 South America Wind Turbine Composites Market Outlook, By Carbon Fiber Composites (2021-2030) ($MN)
104 South America Wind Turbine Composites Market Outlook, By Glass Fiber Composites (2021-2030) ($MN)
105 South America Wind Turbine Composites Market Outlook, By Other Fiber Types (2021-2030) ($MN)
106 South America Wind Turbine Composites Market Outlook, By Resin Type (2021-2030) ($MN)
107 South America Wind Turbine Composites Market Outlook, By Polyester (2021-2030) ($MN)
108 South America Wind Turbine Composites Market Outlook, By Vinyl Ester (2021-2030) ($MN)
109 South America Wind Turbine Composites Market Outlook, By Epoxy (2021-2030) ($MN)
110 South America Wind Turbine Composites Market Outlook, By Polyurethane (2021-2030) ($MN)
111 South America Wind Turbine Composites Market Outlook, By Other Resign Types (2021-2030) ($MN)
112 South America Wind Turbine Composites Market Outlook, By Technology (2021-2030) ($MN)
113 South America Wind Turbine Composites Market Outlook, By Resin Infusion (2021-2030) ($MN)
114 South America Wind Turbine Composites Market Outlook, By Hand Lay-Up (2021-2030) ($MN)
115 South America Wind Turbine Composites Market Outlook, By Prepreg (2021-2030) ($MN)
116 South America Wind Turbine Composites Market Outlook, By Vacuum Injection Molding (2021-2030) ($MN)
117 South America Wind Turbine Composites Market Outlook, By Other Technologies (2021-2030) ($MN)
118 South America Wind Turbine Composites Market Outlook, By Application (2021-2030) ($MN)
119 South America Wind Turbine Composites Market Outlook, By Nacelles (2021-2030) ($MN)
120 South America Wind Turbine Composites Market Outlook, By Blades (2021-2030) ($MN)
121 South America Wind Turbine Composites Market Outlook, By Gearbox (2021-2030) ($MN)
122 South America Wind Turbine Composites Market Outlook, By Generator (2021-2030) ($MN)
123 South America Wind Turbine Composites Market Outlook, By Tower (2021-2030) ($MN)
124 South America Wind Turbine Composites Market Outlook, By Hub (2021-2030) ($MN)
125 South America Wind Turbine Composites Market Outlook, By Other Applications (2021-2030) ($MN)
126 Middle East & Africa Wind Turbine Composites Market Outlook, By Country (2021-2030) ($MN)
127 Middle East & Africa Wind Turbine Composites Market Outlook, By Fiber Type (2021-2030) ($MN)
128 Middle East & Africa Wind Turbine Composites Market Outlook, By Carbon Fiber Composites (2021-2030) ($MN)
129 Middle East & Africa Wind Turbine Composites Market Outlook, By Glass Fiber Composites (2021-2030) ($MN)
130 Middle East & Africa Wind Turbine Composites Market Outlook, By Other Fiber Types (2021-2030) ($MN)
131 Middle East & Africa Wind Turbine Composites Market Outlook, By Resin Type (2021-2030) ($MN)
132 Middle East & Africa Wind Turbine Composites Market Outlook, By Polyester (2021-2030) ($MN)
133 Middle East & Africa Wind Turbine Composites Market Outlook, By Vinyl Ester (2021-2030) ($MN)
134 Middle East & Africa Wind Turbine Composites Market Outlook, By Epoxy (2021-2030) ($MN)
135 Middle East & Africa Wind Turbine Composites Market Outlook, By Polyurethane (2021-2030) ($MN)
136 Middle East & Africa Wind Turbine Composites Market Outlook, By Other Resign Types (2021-2030) ($MN)
137 Middle East & Africa Wind Turbine Composites Market Outlook, By Technology (2021-2030) ($MN)
138 Middle East & Africa Wind Turbine Composites Market Outlook, By Resin Infusion (2021-2030) ($MN)
139 Middle East & Africa Wind Turbine Composites Market Outlook, By Hand Lay-Up (2021-2030) ($MN)
140 Middle East & Africa Wind Turbine Composites Market Outlook, By Prepreg (2021-2030) ($MN)
141 Middle East & Africa Wind Turbine Composites Market Outlook, By Vacuum Injection Molding (2021-2030) ($MN)
142 Middle East & Africa Wind Turbine Composites Market Outlook, By Other Technologies (2021-2030) ($MN)
143 Middle East & Africa Wind Turbine Composites Market Outlook, By Application (2021-2030) ($MN)
144 Middle East & Africa Wind Turbine Composites Market Outlook, By Nacelles (2021-2030) ($MN)
145 Middle East & Africa Wind Turbine Composites Market Outlook, By Blades (2021-2030) ($MN)
146 Middle East & Africa Wind Turbine Composites Market Outlook, By Gearbox (2021-2030) ($MN)
147 Middle East & Africa Wind Turbine Composites Market Outlook, By Generator (2021-2030) ($MN)
148 Middle East & Africa Wind Turbine Composites Market Outlook, By Tower (2021-2030) ($MN)
149 Middle East & Africa Wind Turbine Composites Market Outlook, By Hub (2021-2030) ($MN)
150 Middle East & Africa Wind Turbine Composites Market Outlook, By Other Applications (2021-2030) ($MN)
List of Figures
RESEARCH METHODOLOGY
We at ‘Stratistics’ opt for an extensive research approach which involves data mining, data validation, and data analysis. The various research sources include in-house repository, secondary research, competitor’s sources, social media research, client internal data, and primary research.
Our team of analysts prefers the most reliable and authenticated data sources in order to perform the comprehensive literature search. With access to most of the authenticated data bases our team highly considers the best mix of information through various sources to obtain extensive and accurate analysis.
Each report takes an average time of a month and a team of 4 industry analysts. The time may vary depending on the scope and data availability of the desired market report. The various parameters used in the market assessment are standardized in order to enhance the data accuracy.
Data Mining
The data is collected from several authenticated, reliable, paid and unpaid sources and is filtered depending on the scope & objective of the research. Our reports repository acts as an added advantage in this procedure. Data gathering from the raw material suppliers, distributors and the manufacturers is performed on a regular basis, this helps in the comprehensive understanding of the products value chain. Apart from the above mentioned sources the data is also collected from the industry consultants to ensure the objective of the study is in the right direction.
Market trends such as technological advancements, regulatory affairs, market dynamics (Drivers, Restraints, Opportunities and Challenges) are obtained from scientific journals, market related national & international associations and organizations.
Data Analysis
From the data that is collected depending on the scope & objective of the research the data is subjected for the analysis. The critical steps that we follow for the data analysis include:
- Product Lifecycle Analysis
- Competitor analysis
- Risk analysis
- Porters Analysis
- PESTEL Analysis
- SWOT Analysis
The data engineering is performed by the core industry experts considering both the Marketing Mix Modeling and the Demand Forecasting. The marketing mix modeling makes use of multiple-regression techniques to predict the optimal mix of marketing variables. Regression factor is based on a number of variables and how they relate to an outcome such as sales or profits.
Data Validation
The data validation is performed by the exhaustive primary research from the expert interviews. This includes telephonic interviews, focus groups, face to face interviews, and questionnaires to validate our research from all aspects. The industry experts we approach come from the leading firms, involved in the supply chain ranging from the suppliers, distributors to the manufacturers and consumers so as to ensure an unbiased analysis.
We are in touch with more than 15,000 industry experts with the right mix of consultants, CEO's, presidents, vice presidents, managers, experts from both supply side and demand side, executives and so on.
The data validation involves the primary research from the industry experts belonging to:
- Leading Companies
- Suppliers & Distributors
- Manufacturers
- Consumers
- Industry/Strategic Consultants
Apart from the data validation the primary research also helps in performing the fill gap research, i.e. providing solutions for the unmet needs of the research which helps in enhancing the reports quality.
For more details about research methodology, kindly write to us at info@strategymrc.com
Frequently Asked Questions
In case of any queries regarding this report, you can contact the customer service by filing the “Inquiry Before Buy” form available on the right hand side. You may also contact us through email: info@strategymrc.com or phone: +1-301-202-5929
Yes, the samples are available for all the published reports. You can request them by filling the “Request Sample” option available in this page.
Yes, you can request a sample with your specific requirements. All the customized samples will be provided as per the requirement with the real data masked.
All our reports are available in Digital PDF format. In case if you require them in any other formats, such as PPT, Excel etc you can submit a request through “Inquiry Before Buy” form available on the right hand side. You may also contact us through email: info@strategymrc.com or phone: +1-301-202-5929
We offer a free 15% customization with every purchase. This requirement can be fulfilled for both pre and post sale. You may send your customization requirements through email at info@strategymrc.com or call us on +1-301-202-5929.
We have 3 different licensing options available in electronic format.
- Single User Licence: Allows one person, typically the buyer, to have access to the ordered product. The ordered product cannot be distributed to anyone else.
- 2-5 User Licence: Allows the ordered product to be shared among a maximum of 5 people within your organisation.
- Corporate License: Allows the product to be shared among all employees of your organisation regardless of their geographical location.
All our reports are typically be emailed to you as an attachment.
To order any available report you need to register on our website. The payment can be made either through CCAvenue or PayPal payments gateways which accept all international cards.
We extend our support to 6 months post sale. A post sale customization is also provided to cover your unmet needs in the report.
Request Customization
We provide a free 15% customization on every purchase. This requirement can be fulfilled for both pre and post sale. You may send your customization requirements through email at info@strategymrc.com or call us on +1-301-202-5929.
Note: This customization is absolutely free until it falls under the 15% bracket. If your requirement exceeds this a feasibility check will be performed. Post that, a quote will be provided along with the timelines.
WHY CHOOSE US ?
Assured Quality
Best in class reports with high standard of research integrity
24X7 Research Support
Continuous support to ensure the best customer experience.
Free Customization
Adding more values to your product of interest.
Safe & Secure Access
Providing a secured environment for all online transactions.
Trusted by 600+ Brands
Serving the most reputed brands across the world.
