Global Epoxy Resin for Wind Turbine Blades Supply, Demand and Key Producers, 2023-2029
The global Epoxy Resin for Wind Turbine Blades market size is expected to reach $ 4658.4 million by 2029, rising at a market growth of 9.9% CAGR during the forecast period (2023-2029).
Global key players of special epoxy resin for wind turbine blades include Westlake Chemical Corporation, Olin Corp, Techstorm Advanced Material, Swancor Advanced Materials and Kangda New Material. Top five players occupy for a share about 75%. China is the largest market, with a share about 60%. In terms of product type, resin injection is the largest subdivision, accounting for about 84% of the market share. At the same time, in terms of application, >5.0 MW is the largest downstream field, accounting for about 56%.
Epoxy resins are organic compounds whose molecules contain two or more epoxy groups. Epoxy resin for wind turbine blades is made from basic epoxy resin, which has excellent strength to weight ratio, high temperature resistance and corrosion resistance, and can meet the requirements of wind turbine blades. The production of wind turbine blades mostly uses composite materials containing fiber reinforced materials (such as glass fiber and carbon fiber), plastic polymers (polyester and epoxy vinyl resin), sandwich materials (PVC and PET, etc.) and coatings (polyurethane).
This report studies the global Epoxy Resin for Wind Turbine Blades production, demand, key manufacturers, and key regions.
This report is a detailed and comprehensive analysis of the world market for Epoxy Resin for Wind Turbine Blades, 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 Epoxy Resin for Wind Turbine Blades that contribute to its increasing demand across many markets.
Highlights and key features of the study
Global Epoxy Resin for Wind Turbine Blades total production and demand, 2018-2029, (Tons)
Global Epoxy Resin for Wind Turbine Blades total production value, 2018-2029, (USD Million)
Global Epoxy Resin for Wind Turbine Blades production by region & country, production, value, CAGR, 2018-2029, (USD Million) & (Tons)
Global Epoxy Resin for Wind Turbine Blades consumption by region & country, CAGR, 2018-2029 & (Tons)
U.S. VS China: Epoxy Resin for Wind Turbine Blades domestic production, consumption, key domestic manufacturers and share
Global Epoxy Resin for Wind Turbine Blades production by manufacturer, production, price, value and market share 2018-2023, (USD Million) & (Tons)
Global Epoxy Resin for Wind Turbine Blades production by Type, production, value, CAGR, 2018-2029, (USD Million) & (Tons)
Global Epoxy Resin for Wind Turbine Blades production by Application production, value, CAGR, 2018-2029, (USD Million) & (Tons).
This reports profiles key players in the global Epoxy Resin for Wind Turbine Blades 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 Westlake Chemical Corporation, Olin Corp, Techstorm Advanced Material, Swancor Advanced Materials, Kangda New Materials, Wells Advanced Materials, Sichuan Dongshu New Materials, Bohui New Materials and Huntsman, etc.
This report also provides key insights about market drivers, restraints, opportunities, new product launches or approvals.
Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the World Epoxy Resin for Wind Turbine Blades 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 Epoxy Resin for Wind Turbine Blades Market, By Region:
United States
China
Europe
Japan
South Korea
ASEAN
India
Rest of World
Global Epoxy Resin for Wind Turbine Blades Market, Segmentation by Type
Hand Lay-up Resin
Infusion Resin
Other
Global Epoxy Resin for Wind Turbine Blades Market, Segmentation by Application
<2.0 MW
2.0-3.0 MW
3.0-5.0 MW
>5.0 MW
Companies Profiled:
Westlake Chemical Corporation
Olin Corp
Techstorm Advanced Material
Swancor Advanced Materials
Kangda New Materials
Wells Advanced Materials
Sichuan Dongshu New Materials
Bohui New Materials
Huntsman
Guangzhou Pochely New Materials Technology
Epoxy Base Electronic Material Corporation Limited
BASF
Changshu Jiafa Chemical
Key Questions Answered
1. How big is the global Epoxy Resin for Wind Turbine Blades market?
2. What is the demand of the global Epoxy Resin for Wind Turbine Blades market?
3. What is the year over year growth of the global Epoxy Resin for Wind Turbine Blades market?
4. What is the production and production value of the global Epoxy Resin for Wind Turbine Blades market?
5. Who are the key producers in the global Epoxy Resin for Wind Turbine Blades market?