Global Structural Adhesive for Wind Turbine Blades Market Growth 2023-2029

Global Structural Adhesive for Wind Turbine Blades Market Growth 2023-2029

The global Structural Adhesive for Wind Turbine Blades market size is projected to grow from US$ 509.7 million in 2022 to US$ 884.6 million in 2029; it is expected to grow at a CAGR of 8.2% from 2023 to 2029.

As the global key manufacturers of wind turbine blade structural adhesive, Kangda New Materials, Westlake Chemical and Techstorm Advanced Material have a combined market share of more than 50%. From the perspective of regional division, China and Europe are two important production regions, accounting for 57.51% and 20.32% of the market share respectively. China is the world's largest consumer market, accounting for nearly 60% of the market, followed by Europe and North America, each accounting for about 15 %. From the point of view of product type, epoxy structural adhesive occupies an important position in the market share of more than 80%. In terms of application, products with rated power of 2.0-3.0MW and 3.0-5.0MW have greater advantages in market share, accounting for 50% and 40% respectively.

LPI (LP Information)' newest research report, the “Structural Adhesive for Wind Turbine Blades Industry Forecast” looks at past sales and reviews total world Structural Adhesive for Wind Turbine Blades sales in 2022, providing a comprehensive analysis by region and market sector of projected Structural Adhesive for Wind Turbine Blades sales for 2023 through 2029. With Structural Adhesive 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 Structural Adhesive for Wind Turbine Blades industry.

This Insight Report provides a comprehensive analysis of the global Structural Adhesive 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 Structural Adhesive 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 Structural Adhesive for Wind Turbine Blades market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Structural Adhesive 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 Structural Adhesive for Wind Turbine Blades.

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

Market Segmentation:

Segmentation by type
Epoxy Structural Adhesive
Vinyl Structural Adhesive
Polyurethane Structural Adhesive

Segmentation by application
Below 2.0 MW Wind Turbine Blades
2.0-3.0 MW Wind Turbine Blades
3.0-5.0 MW Wind Turbine Blades
Above 5.0 MW Wind Turbine Blades

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 analyzing the company's coverage, product portfolio, its market penetration.
Kangda New Materials
Westlake Chemical
Techstorm Advanced Material
Olin Corporation
Polynt-Reichhold
Aditya Birla Chemical
Sika
Huntsman
Henkel
Lord Corporation
H.B. Fuller
Bostik

Key Questions Addressed in this Report

What is the 10-year outlook for the global Structural Adhesive for Wind Turbine Blades market?

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

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

How do Structural Adhesive for Wind Turbine Blades market opportunities vary by end market size?

How does Structural Adhesive for Wind Turbine Blades break out type, application?

What are the influences of COVID-19 and Russia-Ukraine war?

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