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Wind Power Glass Fiber Market, Global Outlook and Forecast 2024-2030

Wind Power Glass Fiber Market, Global Outlook and Forecast 2024-2030

  • Published on : 18 June 2024
  • Pages :119
  • Report Code:SMR-7962579

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Report overview

The "Global Wind Power Glass Fiber Market" size is estimated to be $ 1745.3 Million in 2024 and is predicted to reach $ 2800.5 Million by 2030, growing at a Compound Annual Growth Rate (CAGR) of 8.2% during the forecast period from 2024 to 2030.

Wind power glass fiber refers to a type of reinforced material used in the construction of wind turbine blades. It consists of glass fibers that are woven or laid down in a matrix to create composite materials. These fibers provide high strength and stiffness while being lightweight, making them ideal for withstanding the forces encountered in wind turbine operation.

Demand Drivers: Growth in the wind power glass fiber market is driven by expanding investments in renewable energy infrastructure, particularly in wind energy projects worldwide.

Material Importance: Glass fiber is a crucial material in wind turbine blades due to its lightweight, high strength, and resistance to corrosion, making it ideal for capturing wind energy efficiently.

Technological Advancements: Advances in glass fiber manufacturing technologies are likely enhancing product quality, durability, and cost-effectiveness, further boosting market growth.

Regional Insights: Market growth may vary across regions, influenced by regional policies supporting renewable energy, industrialization of wind power sectors, and technological adoption rates.

Opportunities: There are opportunities for manufacturers to innovate and develop specialized types of glass fibers that cater specifically to the needs of the wind power industry, such as longer and stronger fibers for larger turbine blades.

Challenges: Challenges could include fluctuations in raw material costs, regulatory changes impacting renewable energy investments, and competition from alternative materials.

Environmental Impact: The use of glass fibers in wind turbines contributes to reducing greenhouse gas emissions by promoting clean and renewable energy sources.

Forecast Implications: Stakeholders in the wind power glass fiber market can anticipate steady growth opportunities driven by global efforts to reduce reliance on fossil fuels and increase sustainable energy production.

The global key manufacturers of Wind Power Glass Fiber include PPG, AGY, 3B Fibreglass, JM, Owens Corning, Saint-Gobain, Hexcel, China Jushi and Taishan Fiberglass, etc. in 2024, the global top five players have a share approximately % in terms of revenue.

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This report aims to provide a comprehensive presentation of the global market for Wind Power Glass Fiber, 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 Wind Power Glass Fiber. This report contains market size and forecasts of Wind Power Glass Fiber in global, including the following market information:

  • Global Wind Power Glass Fiber Market Revenue, 2020-2024, 2025-2030, ($ millions)
  • Global Wind Power Glass Fiber Market Sales, 2020-2024, 2025-2030, (Tons)
  • Global top five Wind Power Glass Fiber companies in 2024 (%)

We surveyed the Wind Power Glass Fiber 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:
By Type:

  • Single End Roving
  • Multi End Roving
By Application:
  • Offshore Wind Power
  • Onshore Wind Power
By Region and Country:
  • 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 Wind Power Glass Fiber revenues in global market, 2020-2024 (Estimated), ($ millions)
  • Key companies Wind Power Glass Fiber revenues share in global market, 2024 (%)
  • Key companies Wind Power Glass Fiber sales in global market, 2020-2024 (Estimated), (Tons)
  • Key companies Wind Power Glass Fiber sales share in global market, 2024 (%)

Key Players Include:

  • PPG
  • AGY
  • 3B Fibreglass
  • JM
  • Owens Corning
  • Saint-Gobain
  • Hexcel
  • China Jushi
  • Taishan Fiberglass
  • Chongqing Polycomp International Corp
  • Jiangsu Amer New Material
  • Shandong Fiberglass Group
  • Sinoma Science&technology
  • Jiangsu Changhai
  • Grace Fabric Technology

Outline of Major Chapters:
Chapter 1: Introduces the definition of Wind Power Glass Fiber, market overview.
Chapter 2: Global Wind Power Glass Fiber market size in revenue and volume.
Chapter 3: Detailed analysis of Wind Power Glass Fiber 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 Wind Power Glass Fiber 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 Wind Power Glass Fiber 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.