DUBLIN--(BUSINESS WIRE)--The "Asia Pacific Wind Turbine Bearings Market - Growth, Trends, and Forecast (2018 - 2023)" report has been added to ResearchAndMarkets.com's offering.
Clean energy generation is of primary focus in the Asia-Pacific countries, which has led to formulation of national policies to exploit renewable energy resources. The wind power capacity in Asia-Pacific stood at around 190 gigawatt by the end of 2016, and more projects are being developed in the region. China's national energy administration set a required clean energy target for meeting 20% of China's energy needs by 2030. The strategic initiative to drive the wind power sector would promulgate the wind turbine bearings market.
China is the largest wind energy producer in the Asia-pacific region. It added 33 gigawatts (GW) of wind capacity in 2015, which represented 86.5% of APAC wind addition. The national wind energy policy has opened up an area of immense potential and opportunities. In the next 10 years, China is expected to install an annual average of more than 25 GW of new wind capacity. The advantage that China has, in developing wind energy, is due to the availability of abundant onshore and offshore wind energy resources, and it is also able to develop wind energy on a large-scale. Besides, the Chinese government has identified wind energy as a sustainable and promising energy source, an alternate option to traditional fuel.
- China Petrochemical Corporation
- Lyondellbasell Industries Holdings N.V.
- Exxon Mobil Corporation
- Arkema SA
- Borealis AG
- Chevron Phillips Chemical Company
- Formosa Plastics Corporation
- Polyone Corporation
- Tosoh Corporation
Key Topics Covered:
1. Executive Summary
2. Research Methodology
3. Market Overview
4. Market Dynamics
5. Value Chain Analysis
6. Industry Attractiveness
7. Market Segmentation and Analysis
8. Regional Market Analysis
9. Key Company Analysis
10. Competitive Landscape
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