Global Wind Turbine Composites Material Market Forecast to 2020 with Industry Trends

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RnRMarketResearch.com adds “Wind Turbine Composites Material Market by Fiber Type (Glass Fiber Composite, Carbon Fiber), Resin Type (Epoxy, Polyester, Polyurethane, Vinyl Ester, Etc.), Application (Blade, Nacelle, Etc), and by Region – Global Trends & Forecast to 2020” global research report to its store.

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The wind turbine composite material market is expected to grow at a CAGR of 7-8% from 2015 to 2020 to worth $5.5 billion by 2020.

This study of the composite market for wind turbine estimates its global demand and market value from 2015 to 2020. As a part of the quantitative analysis, the study segments the global market by types and applications at country level with current market estimation and forecast till 2020. The major countries covered in the report are the U.S., Canada, U.K., Germany, China, Spain, France, India, Brazil etc. The segmentation by fiber type includes glass fiber composite, carbon fiber composite, and other composites; while on the basis of type of resin used, the segmentation includes Epoxy, Polyester, Polyurethane, Vinyl Ester, etc. The segmentation by application includes exterior and interior components.

The companies profiled in wind turbine composite material market report are Cytec Industries, Gurit Holding AG, Royal Tencate NV, Teijin Limited, Toray Industries and key composite wind turbine/components manufacturers companies like HT Blade, Molded Fiber Glass Companies, TPI Composites, Vestas Wind Systems A/S, Gamesa, and LM Wind Power Group.

Complete report is available at http://www.rnrmarketresearch.com/wind-turbine-composites-material-market-by-fiber-type-glass-fiber-composite-carbon-fiber-resin-type-epoxy-polyester-polyurethane-vinyl-ester-etc-application-blade-nacelle-etc-and-by-r-market-report.html .

Composites have found wide acceptance in various industries including wind because of their light weight and environmental resistance characteristics. On the basis of application, the market of wind composite is broadly segmented into interior and exterior components.

Glass fiber composite is the biggest composite material used in wind turbine driven by its high demand for manufacturing wind turbine blades. Carbon fiber composite finds its usage mostly in the spar and structural element of wind blades, whereas its usage in longer blades is limited primarily because of its high cost. Carbon fiber composite is projected to grow at a healthy rate during the projected period.

Currently, penetration of composite is increasing in longest wind turbine blades and this trend can be seen being extended to mid to small blades as well. The design flexibility offered by composites is pushing the market of wind composite in different wind applications. Technological developments & innovations and expansions are identified as key strategies to expand the composite market in wind turbines.

Order a copy of this report at http://www.rnrmarketresearch.com/contacts/purchase?rname=309951 .

Browse Similar Reports:

“Wind Turbine Rotor Blade Market by Material (Glass Fiber, Carbon Fiber), by Blade Size and Geography – Global Trends and Forecasts to 2019” is a Dec 2014 publication of 231 pages and it says the wind turbine rotor blade market size is projected to grow at a CAGR of 9.2% from 2014 to 2019. The market was dominated by Asia-Pacific in 2013. Strong growth has been projected for the turbine rotor blade market in the next five years, as demand for wind turbines continues to rise in the wake of growing use of renewable energy. Companies profiled in this research report are Acciona, S.A, Enercon GMBH, Gamesa, Nordex S.E., Powerblades GMBH, SGL Rotec GMBH & Co. Kg (Carbon Rotec), Siemens AG, Sinoi GMBH, Suzlon Energy Limited, Vestas Wind Systems A/S, General Electric Company, and China National Materials Company Limited (Sinoma). Complete report available at http://www.rnrmarketresearch.com/wind-turbine-rotor-blade-market-by-material-glass-fiber-carbon-fiber-by-blade-size-50-meter-and-geography-global-trends-and-forecasts-to-2019-market-report.html .

“Aerospace Composites Market by Type (Glass Fiber, Carbon Fiber, Ceramic Matrix, Aramid Fiber, Metal Matrix), Aircraft Parts (Fuselage, Wings, Empennage), & Application (Commercial, Military, Business, Helicopters) – Global Trends & Forecasts to 2019” is a Dec 2014 publication of 180 pages and it says the aerospace composite market size is projected to register a CAGR of 7.1% between 2014 and 2019 to reach $4,993.1 million in terms of value. The commercial aircrafts application segment holds 62.7% market share by volume and thus constitutes a significant part of the overall aerospace composite market. However, the military application segment is projected to grow at a high CAGR of 9.7% by 2019. The high growth can be attributed to the rise in global security issues and increased defense budgets of certain countries, such as the U.S. and Russia. Companies profiled in this research report are Cytec Industries Inc., E. I. DU PONT DE Nemours, Gurit Holding AG, Hexcel Corporation, Mitsubishi Rayon Co. Ltd, Owens Corning, SGL Group – the Carbon Company, Teijin Limited, Tencate, and Toray Industries. Complete report available at http://www.rnrmarketresearch.com/aerospace-composites-market-by-type-glass-fiber-carbon-fiber-ceramic-matrix-aramid-fiber-metal-matrix-aircraft-parts-fuselage-wings-empennage-application-commercial-military-business-market-report.html .

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