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Global Wind Turbine Composites Material Market accounted for USD 7.60 billion in 2016 and is projected to grow at a CAGR of 9.5% during the forecast period of 2017 to 2024.
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Wind Turbine Composites Material Market– Global Industry Trends and Forecast to 2024 Global Wind Turbine Composites Material Market, Fiber Type (Glass Fiber, Carbon Fiber, others), By Resin (Epoxy, Polyester, Vinyl Ester, others), By Manufacturing Process (Vacuum Injection Molding, Prepreg, Hand Lay-Up), Application (Blades, Nacelles, Others) By Geography (North America, Europe, Asia-Pacific, Europe, South America, Middle East and Africa) – Industry Trends and Forecast to 2024. Global Wind Turbine Composites Material Market accounted for USD 7.60 billion in 2016 and is projected to grow at a CAGR of 9.5% during the forecast period of 2017 to 2024.
Major Market Drivers and Restraints: • Increasing length of wind turbine blades • Use of carbon fiber in wind blades • Demand for renewable energy sources • High cost of carbon fiber and epoxy resin • High dependence of wind energy industry on government subsidies
Market Segmentation • On the basis of resin, the market is segmented into epoxy, polyester, vinyl ester and others. • On the basis of manufacturing process, the market is segmented into vacuum injection molding, prepreg, and hand lay-up. • On the basis of application, the market is segmented into blades, nacelles and others.
Regional Analysis • By geography, the market is segmented into 5 geographical regions, • North America • Europe • Asia-Pacific • South America • Middle East and Africa. • The geographical regions are further segmented into major countries such as U.S., Canada, Germany, France, U.K., Netherlands, Switzerland, Turkey, Russia, China, India, South Korea, Japan, Australia, Singapore, Saudi Arabia, South Africa, and Brazil among other. Browse Full Report and Details TOC : https://databridgemarketresearch.com/reports/global-wind-turbine-composites-material-market/
Major Key Players • Major players in the Global Wind Turbine Composites Material Market are: • AREVA • AvicHuiteng Wind Power Equipment Company Limited • EnerconGmbH • GamesaCorporation Technology • Kemrock Industries and Exports Limited • Siemens AG • Suzlon Energy Limited • TPI Composites, Inc. Request Sample Report : https://databridgemarketresearch.com/request-a-sample/?dbmr=global-wind-turbine-composites-material-market
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