DUBLIN--(BUSINESS WIRE)--Research and Markets has announced the addition of the "Global Wind Turbine Composite Materials Market 2017-2021" report to their offering.
The analysts forecast the global wind turbine composite materials market to grow at a CAGR of 7.12% during the period 2017-2021.
Global Wind Turbine Composite Materials Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.
One trend in market is emergence of bio-based products. Over the past few years, vendors in the chemical industry have been making efforts for using sustainable processes that will have a negligible impact on the environment.
Such activities include the development of bio-based products derived from renewable sources. This has also been helping vendors to gain a competitive edge. The R&D of these materials is not a novel concept in the industry.
One driver in market is wind power capacity additions. Wind energy is emerging as a low-cost renewable source of energy for the generation of electricity, with developed regions such as North America and Western Europe accounting for the highest investments in the total wind tower installations across the globe. It is a high-potential application area for carbon fiber composites, with turbine blades being the fastest growing product in this segment.
Key vendors
- Cytec Solvay Group
- Gurit
- Teijin
- Toray
-
TPI Composites
Other prominent vendors
- Axiom Materials
- HC Composite
- Hexcel
- Molded Fiber Glass Companies
- SGL Group
- TenCate
-
Vestas
Key Topics Covered:
Part 01: Executive summary
Part 02: Scope of the report
Part 03: Research Methodology
Part 04: Introduction
Part 05: Market landscape
Part 06: Market segmentation by resin type
Part 07: Market segmentation by fiber composite
Part 08: Geographical segmentation
Part 09: Decision framework
Part 10: Drivers and challenges
Part 11: Market trends
Part 12: Vendor landscape
Part 13: Appendix
For more information about this report visit https://www.researchandmarkets.com/research/l5fdv9/global_wind