Global Epoxy Resin for Wind Turbine Blades Market 2024 by Manufacturers, Regions, Type and Application, Forecast to 2030
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).
According to our (Global Info Research) latest study, the global Epoxy Resin for Wind Turbine Blades market size was valued at US$ 1892 million in 2023 and is forecast to a readjusted size of USD 4123 million by 2030 with a CAGR of 10.1% during review period.
Global 3 key players of Epoxy Resin for Wind Turbine Blades are Techstorm Advanced Material, Westlake Chemical and Olin Corporation, with about 62% market shares. China is the largest market, which has a share about 60%, followed by North America and Eorope, with share 13% and 20%, separately. In terms of product type, infusion resin is the largest segment, accounting for a share of 90%.
This report is a detailed and comprehensive analysis for global Epoxy Resin for Wind Turbine Blades market. Both quantitative and qualitative analyses are presented by manufacturers, by region & country, by Type and by Application. As the market is constantly changing, this report explores the competition, supply and demand trends, as well as key factors that contribute to its changing demands across many markets. Company profiles and product examples of selected competitors, along with market share estimates of some of the selected leaders for the year 2024, are provided.
Key Features:
Global Epoxy Resin for Wind Turbine Blades market size and forecasts, in consumption value ($ Million), sales quantity (Tons), and average selling prices (US$/Ton), 2019-2030
Global Epoxy Resin for Wind Turbine Blades market size and forecasts by region and country, in consumption value ($ Million), sales quantity (Tons), and average selling prices (US$/Ton), 2019-2030
Global Epoxy Resin for Wind Turbine Blades market size and forecasts, by Type and by Application, in consumption value ($ Million), sales quantity (Tons), and average selling prices (US$/Ton), 2019-2030
Global Epoxy Resin for Wind Turbine Blades market shares of main players, shipments in revenue ($ Million), sales quantity (Tons), and ASP (US$/Ton), 2019-2024
The Primary Objectives in This Report Are:
To determine the size of the total market opportunity of global and key countries
To assess the growth potential for Epoxy Resin for Wind Turbine Blades
To forecast future growth in each product and end-use market
To assess competitive factors affecting the marketplace
This report profiles key players in the global Epoxy Resin for Wind Turbine Blades market based on the following parameters - company overview, sales quantity, revenue, 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, Huntsman, Guangzhou Pochely New Materials Technology, etc.
This report also provides key insights about market drivers, restraints, opportunities, new product launches or approvals.
Market Segmentation
Epoxy Resin for Wind Turbine Blades market is split by Type and by Application. For the period 2019-2030, the growth among segments provides accurate calculations and forecasts for consumption value by Type, and by Application in terms of volume and value. This analysis can help you expand your business by targeting qualified niche markets.
Market segment by Type
Hand Lay-up Resin
Infusion Resin
Other
Market segment by Application
<2.0 MW
2.0-3.0 MW
3.0-5.0 MW
>5.0 MW
Major players covered
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
Market segment by region, regional analysis covers
North America (United States, Canada, and Mexico)
Europe (Germany, France, United Kingdom, Russia, Italy, and Rest of Europe)
Asia-Pacific (China, Japan, Korea, India, Southeast Asia, and Australia)
South America (Brazil, Argentina, Colombia, and Rest of South America)
Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa, and Rest of Middle East & Africa)
The content of the study subjects, includes a total of 15 chapters:
Chapter 1, to describe Epoxy Resin for Wind Turbine Blades product scope, market overview, market estimation caveats and base year.
Chapter 2, to profile the top manufacturers of Epoxy Resin for Wind Turbine Blades, with price, sales quantity, revenue, and global market share of Epoxy Resin for Wind Turbine Blades from 2019 to 2024.
Chapter 3, the Epoxy Resin for Wind Turbine Blades competitive situation, sales quantity, revenue, and global market share of top manufacturers are analyzed emphatically by landscape contrast.
Chapter 4, the Epoxy Resin for Wind Turbine Blades breakdown data are shown at the regional level, to show the sales quantity, consumption value, and growth by regions, from 2019 to 2030.
Chapter 5 and 6, to segment the sales by Type and by Application, with sales market share and growth rate by Type, by Application, from 2019 to 2030.
Chapter 7, 8, 9, 10 and 11, to break the sales data at the country level, with sales quantity, consumption value, and market share for key countries in the world, from 2019 to 2024.and Epoxy Resin for Wind Turbine Blades market forecast, by regions, by Type, and by Application, with sales and revenue, from 2025 to 2030.
Chapter 12, market dynamics, drivers, restraints, trends, and Porters Five Forces analysis.
Chapter 13, the key raw materials and key suppliers, and industry chain of Epoxy Resin for Wind Turbine Blades.
Chapter 14 and 15, to describe Epoxy Resin for Wind Turbine Blades sales channel, distributors, customers, research findings and conclusion.