Report overview
Among the composite materials used to produce wind power blades, the reinforcing material is used to provide sufficient rigidity and strength of the structure, and the matrix resin is used to provide toughness and durability. In the cost structure of wind power blades, the total cost of reinforcing fiber, matrix, core material and structural adhesive accounts for 87% of the total cost, and the cost of matrix resin accounts for about 36%. At present, the mainstream matrix resins for wind power blades are divided into epoxy resin, vinyl ester resin and unsaturated polyester resin.
This report contains market size and forecasts of Wind Power Matrix Resin in global, including the following market information:
Global Wind Power Matrix Resin Market Revenue, 2018-2023, 2023-2030, ($ millions)
Global Wind Power Matrix Resin Market Sales, 2018-2023, 2023-2030, (Tons)
Global top five Wind Power Matrix Resin companies in 2022 (%)
The global Wind Power Matrix Resin market was valued at US$ million in 2022 and is projected to reach US$ million by 2030, at a CAGR of % during the forecast period 2023-2030.
The U.S. Market is Estimated at $ Million in 2022, While China is Forecast to Reach $ Million by 2030.
Epoxy Resin Segment to Reach $ Million by 2030, with a % CAGR in next six years.
The global key manufacturers of Wind Power Matrix Resin include Hexion, Techstorm, Swancor Advanced Materials, Olin Corporation, Wells Advanced Materials, Shanghai Kangda Chemical New Material Group, Guangdong Bohui New Material Science and Technology, Huntsman Corporation and BASF, etc. In 2022, the global top five players have a share approximately % in terms of revenue.
MARKET MONITOR GLOBAL, INC (MMG) has surveyed the Wind Power Matrix Resin manufacturers, suppliers, distributors and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Wind Power Matrix Resin Market, by Type, 2018-2023, 2023-2030 ($ Millions) & (Tons)
Global Wind Power Matrix Resin Market Segment Percentages, by Type, 2022 (%)
Epoxy Resin
Vinyl Ester Resin
Unsaturated Polyester Resin
Global Wind Power Matrix Resin Market, by Application, 2018-2023, 2023-2030 ($ Millions) & (Tons)
Global Wind Power Matrix Resin Market Segment Percentages, by Application, 2022 (%)
Installed Capacity Below 2.0 MW
Installed Capacity 2.0-3.0 MW
Installed Capacity 3.0-5.0 MW
Installed Capacity Above 5.0 MW
Global Wind Power Matrix Resin Market, By Region and Country, 2018-2023, 2023-2030 ($ Millions) & (Tons)
Global Wind Power Matrix Resin Market Segment Percentages, By Region and Country, 2022 (%)
North America
US
Canada
Mexico
Europe
Germany
France
U.K.
Italy
Russia
Nordic Countries
Benelux
Rest of Europe
Asia
China
Japan
South Korea
Southeast Asia
India
Rest of Asia
South America
Brazil
Argentina
Rest of South America
Middle East & Africa
Turkey
Israel
Saudi Arabia
UAE
Rest of Middle East & Africa
Competitor Analysis
The report also provides analysis of leading market participants including:
Key companies Wind Power Matrix Resin revenues in global market, 2018-2023 (Estimated), ($ millions)
Key companies Wind Power Matrix Resin revenues share in global market, 2022 (%)
Key companies Wind Power Matrix Resin sales in global market, 2018-2023 (Estimated), (Tons)
Key companies Wind Power Matrix Resin sales share in global market, 2022 (%)
Further, the report presents profiles of competitors in the market, key players include:
Hexion
Techstorm
Swancor Advanced Materials
Olin Corporation
Wells Advanced Materials
Shanghai Kangda Chemical New Material Group
Guangdong Bohui New Material Science and Technology
Huntsman Corporation
BASF
Epoxy Base Electronic Material
Polynt-Reichhold
U-Pica
Cardia Bioplastics
Chroma Color Corporation
Sylvin Technologies
