The global Composite Materials in Renewable Energy market was valued at US$ million in 2022 and is projected to reach US$ million by 2035, at a CAGR of % during the forecast period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
Composites refer to a material consisting of two or more individual constituents. The reinforcing constituent is embedded in a matrix to form the composite.
This report aims to provide a comprehensive presentation of the global market for Composite Materials in Renewable Energy, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Composite Materials in Renewable Energy. This report contains market size and forecasts of Composite Materials in Renewable Energy in global, including the following market information:
Global Composite Materials in Renewable Energy Market Revenue, 2018-2023, 2024-2035, ($ millions)
Global Composite Materials in Renewable Energy Market Sales, 2018-2023, 2024-2035, (K MT)
Global top five Composite Materials in Renewable Energy companies in 2022 (%)
Wind is the fastest growing energy source, globally. The prime factor for this increase is that the cost of wind energy has dropped and continues to drop dramatically, making it more competitive each year. The technology used to manufacture wind turbine blades has significantly progressed over the near past. The decrease in the cost is very much influenced by the usage of composites in turbine blade manufacturing. As the wind energy market grows and blade sizes continue to increase, wind farm developers will need to adopt new composite materials to help meet these demands.
We surveyed the Composite Materials in Renewable Energy 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 Composite Materials in Renewable Energy Market, by Type, 2018-2023, 2024-2035 ($ Millions) & (K MT)
Global Composite Materials in Renewable Energy Market Segment Percentages, by Type, 2022 (%)
- Glass-Reinforced Plastic (GRP)
- Fiber-Reinforced Polymers (FRP)
- Carbon-Fiber-Reinforced Polymers (CFRP)
- Others
Global Composite Materials in Renewable Energy Market, by Application, 2018-2023, 2024-2035 ($ Millions) & (K MT)
Global Composite Materials in Renewable Energy Market Segment Percentages, by Application, 2022 (%)
- Solar Power
- Wind Power
- Hydroelectricity
- Others
Global Composite Materials in Renewable Energy Market, By Region and Country, 2018-2023, 2024-2035 ($ Millions) & (K MT)
Global Composite Materials in Renewable Energy Market Segment Percentages, By Region and Country, 2022 (%)
- North America (United States, Canada, Mexico)
- Europe (Germany, France, United Kingdom, Italy, Spain, Rest of Europe)
- Asia-Pacific (China, India, Japan, South Korea, Australia, Rest of APAC)
- The Middle East and Africa (Middle East, Africa)
- South and Central America (Brazil, Argentina, Rest of SCA)
Competitor Analysis
The report also provides analysis of leading market participants including:
- Key companies Composite Materials in Renewable Energy revenues in global market, 2018-2023 (Estimated), ($ millions)
- Key companies Composite Materials in Renewable Energy revenues share in global market, 2022 (%)
- Key companies Composite Materials in Renewable Energy sales in global market, 2018-2023 (Estimated), (K MT)
- Key companies Composite Materials in Renewable Energy sales share in global market, 2022 (%)
Further, the report presents profiles of competitors in the market, key players include:
- Mitsubishi Rayon
- Teijin
- Toray Industries
- Hexcel
- Solvay
- Evonik Industries
- Honeywell
- DSM
- Ten Cate
- SGL Group
- Nippon Carbon
- 3A Composites
- Waco Composites
- Armacell International
- Barrday Corporation
- MKU Limited
- Morgan Advanced Materials
- Changzhou Tiansheng New Materials
Outline of Major Chapters:
Chapter 1: Introduces the definition of Composite Materials in Renewable Energy, market overview.
Chapter 2: Global Composite Materials in Renewable Energy market size in revenue and volume.
Chapter 3: Detailed analysis of Composite Materials in Renewable Energy manufacturers competitive landscape, price, sales and revenue market share, latest development plan, merger, and acquisition information, etc.
Chapter 4: Provides the analysis of various market segments by type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 5: Provides the analysis of various market segments by application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 6: Sales of Composite Materials in Renewable Energy in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space of each country in the world.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 8: Global Composite Materials in Renewable Energy capacity by region & country.
Chapter 9: Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter 10: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 11: The main points and conclusions of the report.