Wind Turbine Composite Materials Market Size, Trends, Report By 2033

The global wind turbine composite materials market size is projected to grow around USD 24.10 billion by 2033, growing at a CAGR of 6.44% from 2024 to 2033.

Key Points

  • Asia Pacific dominated the market in 2023 with the largest share 35%.
  • North America is anticipated to grow at a notable growth rate in the wind turbine composite materials market during the forecast period.
  • By fiber type, the glass fiber segment held the largest share of around 65% in 2023.
  • By fiber type, the carbon fiber segment is expected to grow significantly during the forecast period.
  • By technology, the vacuum injection molding segment accounted for the dominating share of 45% in 2023.
  • By technology, the prepreg segment is observed to witness a considerable growth rate in the global wind turbine composite materials market over the forecast period.
  • By application, the wind blades segment held the dominating share of 75% in 2023.

Wind Turbine Composite Materials Market Size 2024 to 2033

Wind turbine composite materials play a crucial role in the construction and operation of modern wind turbines, which are essential for renewable energy generation. These materials, typically composed of fiberglass, carbon fiber, epoxy resin, and other additives, offer numerous advantages over traditional materials like steel and concrete.

Get a Sample:

Wind Turbine Composite Materials Market Scope

Report Coverage Details
Growth Rate from 2024 to 2033 CAGR of 6.44%
Global Market Size in 2023 USD 12.90 Billion
Global Market Size in 2024 USD 13.73 Billion
Global Market Size by 2033 USD 24.10 Billion
Largest Market Asia-Pacific
Base Year 2023
Forecast Period 2024 to 2033
Segments Covered By Fiber Type, By Technology, and By Application
Regions Covered North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa


One of the primary benefits of using composite materials in wind turbine blades is their lightweight nature. Compared to steel, composites have a much higher strength-to-weight ratio, allowing for the construction of longer and more efficient blades. Longer blades capture more wind energy and enable turbines to operate in lower wind speeds, increasing overall energy production.

Moreover, composite materials offer exceptional durability and corrosion resistance, making them well-suited for the harsh operating conditions experienced by wind turbines. Unlike steel, which can corrode over time, composite materials are immune to rust and degradation, resulting in lower maintenance costs and longer operational lifespans for wind turbines.

In addition to their mechanical properties, composite materials also offer design flexibility, allowing for the creation of complex blade shapes optimized for aerodynamic performance. By precisely controlling the curvature, twist, and taper of the blades, engineers can maximize energy capture while minimizing noise and vibration levels.

Furthermore, the manufacturing process for composite wind turbine blades is highly scalable and adaptable to various production techniques, including vacuum infusion, resin transfer molding, and filament winding. This flexibility enables manufacturers to efficiently produce blades of different sizes and specifications to meet the diverse needs of wind farm developers worldwide.

Despite these advantages, there are also challenges associated with the use of composite materials in wind turbines. One significant challenge is the recycling and disposal of composite components at the end of their operational life. Unlike steel, which can be easily recycled, composite materials present unique recycling challenges due to their heterogeneous composition and thermosetting nature. Efforts are underway to develop innovative recycling technologies and processes to address this issue and minimize the environmental impact of wind turbine decommissioning.

 Read Also: Data Center Transformation Market Size, Share, Report by 2033

Recent Developments

  • According to a BSE filing, in June 2023, SJVN Green Energy, a subsidiary of SJVN Ltd, secured a 200 MW wind power project through a tariff-based competitive bidding process conducted by the Solar Energy Corporation of India. This project requires an investment of Rs 1,400 crore. SJVN Green Energy will undertake the development of this wind power project anywhere in India through an EPC (engineering procurement construction) contract.
  • Amazon now has more than 500 wind and solar projects globally, and once operational, they are expected to generate more than 77,000 gigawatt-hours (GWh) of clean energy each year, or enough to power 7.2 million U.S. homes.

Wind Turbine Composite Materials Market Companies

  • TPI Composites Inc.
  • Huntsman International LLC
  • Teijin Limited
  • TPI Composites Inc.
  • LM Wind Power
  • Suzlon Energy Limited
  • Gurmit Holding AG
  • LM Wind Power
  • Molded Fiber Glass Companies
  • Toray Industries, Inc.
  • Vestas Wind Systems A/S
  • Siemens Gamesa Renewable Energy, S.A.U.
  • Hexcel Corporation
  • Lianyungang Zhongfu Lianzhong Composites Group Co. Ltd
  • Others

Segments Covered in the Report:

By Fiber Type 

  • Glass Fiber
  • Carbon Fiber
  • Others

By Technology 

  • Vacuum Injection Molding
  • Prepreg
  • Hand Lay-Up
  • Others

By Application 

  • Wind blades
  • Nacelles
  • Others

By Geography

  • North America
  • Europe
  • Asia-Pacific
  • Latin America
  • Middle East and Africa

Contact Us:

Mr. Alex

Sales Manager

Call: +1 9197 992 333








I have completed my education in Bachelors in Computer Application. A focused learner having a keen interest in the field of digital marketing, SEO, SMM, and Google Analytics enthusiastic to learn new things along with building leadership skills.


I have completed my education in Bachelors in Computer Application. A focused learner having a keen interest in the field of digital marketing, SEO, SMM, and Google Analytics enthusiastic to learn new things along with building leadership skills.

View all posts by Prathamesh →

Leave a Reply

Your email address will not be published. Required fields are marked *