Fiber news

The market for glass fiber materials for wind turbines will exceed 8.5 billion US dollars supported by favorable government support – Fact.MR

materials market for wind turbines

ROCKVILLE, MARYLAND, USA, January 20, 2022 /EINPresswire.com/ – The latest survey by Fact MR on the industry expects sales of fiberglass materials for wind turbines will increase at CAGR powered until 2031, then sales of chemicals and materials are recovering gradually after the disruption caused by the Covid-19. The report aims to provide information on the opportunities and hidden growth challenges. It also provides recommendations to help companies prepare for unforeseen challenges.

The report offers actionable and valuable information on the fiberglass material market for wind turbines. The latest report from Fact.MR provides details about the current market scenario in different regions, as well as historical data and forecasts the market. The report also includes information on sales and market demand for glass fiber materials for wind turbines in various industries and regions.

To stay “ahead” of your competition, ask for a sample – https://www.factmr.com/connectus/sample?flag=S&rep_id=4605

The global market for glass fiber materials for wind turbines is estimated at 5012 million US dollars by the end of 2019 and is expected to significantly about 7% CAGR growth during the forecast period. The key factor in the global market for glass fiber materials for wind turbines from a growing number of wind projects in the world.

Market research conducted by Fact.MR provides exclusive information on market growth. The study identifies crucial trends that determine the growth of the market for glass fiber materials for wind turbines. This recent report highlights the critical dynamics such as drivers, constraints and opportunities for the major market players and emerging players associated with the production and supply. The latest report from Fact.MR provides detailed analysis of the market for glass fiber materials for wind turbines

This newly published and insightful report sheds light on the Wind Turbine Fiberglass Materials Market insights, their key dynamics, impact on the overall value chain from vendors to end users and the Fiberglass Materials Market growth. glass for wind turbines.

The study offers a comprehensive analysis of various features including production capacities, demand, product developments, revenue generation, and sales in the Wind Turbine Fiberglass Materials market across the globe. A comprehensive estimate of the Wind Turbine Fiberglass Material market has been provided via an optimistic scenario as well as a conservative scenario, considering the Wind Turbine Fiberglass Material sales during the forecast period. The comparison of price points per region with the global average price is also taken into account in the study.

Need more information on the reporting methodology? Click here- https://www.factmr.com/connectus/sample?flag=RM&rep_id=4605

Segmentation of the fiberglass materials for wind turbines market

Fact.MR studied the market for fiberglass materials for wind turbines with detailed segmentation by type, application and key regions.

Type

Fiber
Glass fibers
Carbon fiber
Other
Resin
Epoxy
Polyester
Polyurethane
vinylester
Others

Application

blades of wind
Carrycots
Others

Region

North America
Latin America
Europe
East Asia
Southeast Asia and Oceania
Middle East and Africa

“This prepared taxonomy is confidential and intended solely for the person or entity with whom it is shared. The reading, dissemination, distribution or copying of this to any party other than the (s) recipient (s) is unauthorized and prohibited. »

Full access to this exclusive report is available at https://www.factmr.com/checkout/4605

Market players focus on inorganic growth

The global wind turbine fiberglass materials market is moderately fragmented in nature. The main players have an established presence on the world market of fiberglass material for wind are

Global market participants have targeted acquisitions and mergers as a key strategy for the future development.

For example, in October 2018, Gurit Holding (Switzerland) acquired all the shares of JSB Group (Denmark) for US $ 72 million. The JSB group is one of the main players in basic material kits for wind turbine blades.

This strategic move has strengthened Gurit’s value chain and will enable the company to offer wind power OEMs a complete solution of structural base materials, base material kits and wind turbine blade molds. . Similarly, in April 2017, Siemens completed the merger of its wind business with Gamesa.

Key points of the global fiberglass materials for wind turbines market

The global wind turbine fiberglass materials market is expected to add 1.8 times more value in 2029 compared to 2019, registering an absolute opportunity of around $3.5 billion during the forecast period

Fiber-type wind turbine fiberglass materials account for more than 3/4 of the market share, as these materials are mainly used in the production of wind turbines.

Fiberglass accounted for the largest market share in the fiber type segment with the ability to offer high efficiency in wind power operations

Based on application, wind turbine blades maintained its supremacy in the wind turbine fiberglass material market in 2019, as wind turbine fiberglass materials in wind turbine blades replaced conventional materials such as wind turbine blades. aluminum and steel.

East Asia is poised to remain a leading hub for wind energy systems in the world, which has led to high demand for wind turbine materials. East Asia accounts for around 1/3 market share in 2019

The global wind turbine fiberglass materials market is quite fragmented in nature, with Siemens AG, Teijin Limited, Toray Industries, Inc., Reliance Industries limited as some of the notable players.

“With a strong growth trend seen in wind power generation, wind turbine fiberglass material manufacturers are focusing on the expanded portfolio in both developed and unexplored regions.” says Fact.MR analyst

Key Question Answered in the Wind Turbine Fiberglass Materials Market Report Survey:

– Which segment is expected to experience significant demand for the wind turbine materials market in the future?
Fiber-type wind turbine fiberglass materials account for more than 3/4 of the market share, as these materials are mainly used in the production of wind turbines.

– Which are the leading countries in the global Fiberglass Material for Wind Turbines market?
East Asia is poised to remain a leading hub for wind energy systems in the world, which has led to high demand for wind turbine materials. East Asia accounts for around 1/3 market share in 2019

More Valuable Insights into Wind Turbine Fiberglass Materials Market

Fact.MR, in its new report, offers an unbiased analysis of the Fiberglass Materials for Wind Turbines Market, Fiberglass Materials for Wind Turbines sales and demand, analyzing the forecast statistics till 2019 and at -of the. The study reveals growth projections based on various criteria.

Check out Fact.MR’s coverage in chemicals and materials:

Bio-Succinic Acid Market – https://www.factmr.com/report/5405/biosuccinic-acid-market

Surge Suppression IC Market – https://www.factmr.com/report/surge-suppression-ic-market

Liquid Propellants Market – https://www.factmr.com/report/Liquid-Propellants-Market

Supriya Bhor
LEADING RESEARCH AND CONSULTANCY SERVICES
+1 (628) 251-1583
write to us here