Wind blade composites: global market to reach USD 21.87 billion by 2030

The global market for composites used in wind blades is expected to reach USD 21.87 billion by 2030, driven by increasing demand for renewable energy and advances in production techniques, according to MarketsandMarkets.

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The global wind blade composites industry is experiencing sustained growth, driven by increased energy demand and significant technological advances. According to a recent report by market research firm MarketsandMarkets, this sector is projected to rise from USD 13.28 billion in 2025 to USD 21.87 billion in 2030, representing a compound annual growth rate (CAGR) of 10.5%.

Dominance of glass fibres

In terms of materials, glass fibre currently dominates this sector. It offers an excellent strength-to-weight ratio, enabling the manufacturing of wind blades that are both lightweight and durable. Glass fibre also provides significant economic advantages compared to other materials available in the market. Its mechanical qualities, including high fatigue resistance and chemical durability, ensure a long service life for blades, while minimising maintenance costs.

The epoxy resin segment holds a significant position due to its superior mechanical properties and efficiency as an adhesive material. Epoxy resins ensure excellent load transfer between fibres, thereby enhancing the structural integrity of wind blades. Furthermore, their resistance to UV radiation and temperature fluctuations makes epoxy particularly suited for the rigorous outdoor conditions to which wind blades are subjected.

Trend towards longer blades

The market is moving towards larger blades, often exceeding 50 metres in length. These extended blades enable turbines to sweep a larger area, significantly enhancing their energy yield. Increased incorporation of carbon fibres and specialised resins facilitates the production of these longer blades, maintaining both their strength and lightness.

The offshore segment is expected to experience the highest growth rate during the studied period. This development is driven by a planned significant increase in installations across various global regions, notably Northern Europe. Composites used in offshore applications must meet particularly stringent criteria regarding resistance to marine environments and severe weather conditions.

Asia-Pacific: the market’s main driver

Currently, the Asia-Pacific region holds the largest market share, driven notably by significant investments in countries such as China, India, and Japan. These countries are actively developing their wind energy infrastructure to address growing energy needs. Major local and international manufacturers are establishing production facilities in this region, benefiting from competitive costs, skilled labour, and supportive government policies.

Key global industry players include China Jushi Co., Ltd., DowAksa, Teijin Limited, SGL Carbon, Hexcel Corporation, Gurit Services AG, Toray Industries Inc., and Exel Composites. These companies position themselves throughout the value chain, from composite materials production to the final manufacturing of wind blades, illustrating strong competition in the sector.

This dynamic highlights the continuous evolutions to which the wind energy sector must adapt, especially through technological innovation and economic efficiency—key criteria for the future of the composites market dedicated to wind blades.

OX2 acquires a 34-turbine wind project in the Dalarna region, representing 14% of the county’s electricity consumption, marking a step forward in its commercial collaborations with Eolus and Dala Vind.
Nordex Group records a significant jump in profitability and order intake, reaching EUR 2.3 bn in the second quarter of 2025, confirming its financial trajectory with a positive free cash flow.
German manufacturer ENERCON is investing up to €30 mn in expanding its Aurich site, with public financial backing to boost the ramp-up of its new turbines designed for the onshore wind market.
The Neart na Gaoithe offshore wind farm, with a capacity of 450 megawatts, comes online off the coast of Scotland, mobilising GBP200 mn ($259 mn) in public and private investment for the region.
The British government is increasing by 11% the guaranteed price for offshore wind electricity to support projects facing inflation and supply chain constraints.
DP Energy plans to build a 1,400 MW wind farm near Julia Creek, supported by an energy storage system, enhancing industrial momentum and supply prospects in northern Queensland.
Equinor announces a significant impairment on its offshore wind project Empire Wind, due to regulatory changes and tariffs, affecting its quarterly results.
Shandong Electric Power Construction Corporation No. 3 (SEPCO3) has signed an EPC contract for the construction of the 700 MW Yanbu wind energy project under Saudi Arabia's National Renewable Energy Program.
The 17 MW floating wind turbine prototype, the most powerful in the world, was launched in China, marking a significant advancement in offshore turbine manufacturing and supporting the development of deep-sea offshore wind power.
RWE has inaugurated the Mondonuovo wind farm in Italy, a 53.1 MW facility capable of powering 55,000 Italian households. This project marks a key milestone in the development of renewable energy in Italy.
Swiss company Wysenergy has secured public funding for its first wind project in France, located in the municipality of Faux-Fresnay and selected under the PPE2 tender scheme.
Energy supplier OVO plans to invest several hundred million pounds in the renovation of British wind farms, aiming to increase national capacity and accelerate the country’s energy transition.
Danish group Cadeler has taken early delivery of the Wind Keeper, its eighth vessel, now tied to a three-year contract with Vestas worth a firm EUR210m ($228m), including additional options.
bp has announced the sale of its US onshore wind operations to LS Power, strengthening the American group’s 21GW portfolio and continuing its global asset divestment strategy.
Dstgroup, through its subsidiary dstventures, invests €1.5mn ($1.62mn) in Gazelle Wind Power and commits to building the structures for the Nau Azul project, marking progress for the floating wind industry in Portugal.
German group wpd takes over the teams and a portfolio of 17 wind projects from Calycé, consolidating its position in the French market and expanding its regional presence, particularly in the Grand Est, with the support of Envinergy.
SPIE Wind Connect partners with Van Oord to connect and test 21 high-voltage cables for the Windanker offshore wind farm, marking a key milestone in the development of Germany’s offshore wind sector.
Envision Energy and FERA Australia announce an agreement to develop up to 1 GW of wind and 1.5 GWh of storage on the Australian market, laying the foundation for a new hybrid power plant model.
German group RWE has completed installation of all 100 monopile foundations at Sofia, a 1.4 GW offshore wind farm located 195 kilometres from the British coast, marking a major step in the construction of the project.
Greece’s wind sector reaches a new milestone with 5.5 GW installed, driven by 37 new turbines and €180 mn in investments during the first half of 2025, according to ELETAEN.