Market Research Blog

  Market Insight: The global wind turbine composites market is gaining considerable ground owing to strategies implemented by companies that include mergers, acquisitions, product launch, and other methods. For instance, TPI Composites got its manufacturing deal extended for another two years by Vestas. Owens Corning entered into a partnership with Chongqing Polycomp International Corp. (CPIC) to produce high-modulus glass fibers in China. On the other hand, as per Sandia National Laboratories, 3D printing of blades can become the future. Some of the prominent players operating in the global wind turbine composites market are Vestas (Denmark), LM Wind Power (Denmark), Siemens AG (Germany), AVIC Huiteng Windpower Equipment Co Ltd (China), TPI Composites (U.S.), Gamesa Corporation Technology (U.S.), Suzlon Energy Limited (India), Lianyungang Zhongfu Lianzhong Composites Group Co.,Ltd (China), AREVA (France), Molded Fiber Glass Companies (U.S.), and others. Overview: Wind turbine composit

  Overview: Wind turbine composites market is fast gaining popularity as many countries are opting for renewable energies to abide by the environmental laws. The onus is now on the global leaders and industry heads to get sustainable energy source as their driving force which is why wind energy is receiving thrust and consequently, wind turbine composites market is becoming the choicest option as they provide resilience and tensile strength to equipment and blades that increases performance of the turbine. Moreover, these composites are of low maintenance, have corrosion resistance, and increase product life which is why the global wind turbine composites market is expected to achieve unprecedented CAGR during the forecast period (2020-2027), reveals Market Research Future (MRFR) in an extensive study that covers in-depth analysis of drivers and segments. Apart from its features as its chief driving force, offshore possibilities and its impact on optimal capitalization of the source ca