Global Epoxy Resin for Wind Turbine Blades Market Growth 2024-2030

Global Epoxy Resin for Wind Turbine Blades Market Growth 2024-2030

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).

The global Epoxy Resin for Wind Turbine Blades market size is projected to grow from US$ 2197 million in 2024 to US$ 4056 million in 2030; it is expected to grow at a CAGR of 10.8% from 2024 to 2030.

LP Information, Inc. (LPI) ' newest research report, the “Epoxy Resin for Wind Turbine Blades Industry Forecast” looks at past sales and reviews total world Epoxy Resin for Wind Turbine Blades sales in 2023, providing a comprehensive analysis by region and market sector of projected Epoxy Resin for Wind Turbine Blades sales for 2024 through 2030. With Epoxy Resin for Wind Turbine Blades sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Epoxy Resin for Wind Turbine Blades industry.

This Insight Report provides a comprehensive analysis of the global Epoxy Resin for Wind Turbine Blades landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Epoxy Resin for Wind Turbine Blades portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Epoxy Resin for Wind Turbine Blades market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Epoxy Resin for Wind Turbine Blades and breaks down the forecast by Type, by Application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Epoxy Resin for Wind Turbine Blades.

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 presents a comprehensive overview, market shares, and growth opportunities of Epoxy Resin for Wind Turbine Blades market by product type, application, key manufacturers and key regions and countries.

Segmentation by Type:
Hand Lay-up Resin
Infusion Resin
Other

Segmentation by Application:
<2.0 MW
2.0-3.0 MW
3.0-5.0 MW
>5.0 MW

This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analysing the company's coverage, product portfolio, its market penetration.
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 Addressed in this Report

What is the 10-year outlook for the global Epoxy Resin for Wind Turbine Blades market?

What factors are driving Epoxy Resin for Wind Turbine Blades market growth, globally and by region?

Which technologies are poised for the fastest growth by market and region?

How do Epoxy Resin for Wind Turbine Blades market opportunities vary by end market size?

How does Epoxy Resin for Wind Turbine Blades break out by Type, by Application?

Please note: The report will take approximately 2 business days to prepare and deliver.