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.

Share:

Subscribe for unlimited access to all the latest energy sector news.

Over 150 multisector articles and analyses every week.

For less than €3/week*

*For an annual commitment

*Engagement annuel à seulement 99 € (au lieu de 149 €), offre valable jusqu'au 30/07/2025 minuit.

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…

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.

Buchan Offshore Wind has submitted its marine consent applications to the Scottish authorities for a large-scale floating wind project, marking a strategic step in energy development in northeast Scotland.
The VSB Group has completed the repowering of the Elster wind farm in Germany, replacing 50 turbines with 16 new Siemens Gamesa machines, increasing the total capacity from 30 to 105.6 megawatts.
The EBRD’s additional financing will raise the capacity of the Gvozd wind farm to 75 MW, making it the largest in the country. This project, led by EPCG, marks a key industrial milestone in Montenegro’s energy sector.
The Danish turbine manufacturer posted a 14% increase in quarterly revenue, despite a sharp drop in order intake and negative cash flow.
German authorities have approved two onshore wind projects totalling more than 86 MW, with commissioning planned from 2027.
Ørsted strengthens its financial structure with a rights issue backed by the state, following the failed partial sale of the US Sunrise Wind project.
Forestalia has signed a ten-year power purchase agreement with Galp Energia Espana to refinance a 42.7 MW wind farm in Aragon, securing stable revenues through coverage of 65% of its annual production.
Encavis AG continues its growth in Germany with the acquisition of a 34-megawatt wind project in Sundern-Allendorf, sold by PNE AG and secured by a twenty-year feed-in tariff.
The last monopiles manufactured by Navantia Seanergies and Windar Renovables have been delivered to Iberdrola for the Windanker offshore project, marking a major milestone for the European XXL offshore wind component manufacturing industry.
Envision Energy's two-blade prototype has now reached over 500 days of continuous operation, achieving a 99.3% availability rate and confirming its potential compared to industrial standards.
RWE signs long-term agreements with North Star for four new service vessels, strengthening maintenance of its offshore wind farms in the United Kingdom and Germany amid a tight market for specialised maritime capacities.
AMEA Power partners with Cox for the second phase of the Agadir desalination plant, set to reach 400,000 m³/day with power supplied by a 150 MW wind farm in Laayoune.
Buhawind Energy Northern Luzon Corporation secures grid connection study approval, bringing the launch of one of Southeast Asia’s largest offshore wind projects closer.
France receives approval from the European Commission for a major public financing of EUR 11bn aimed at three floating wind projects totalling 1.5 GW, with a framework strengthening the national industry.
The new Vilpion onshore wind farm, led by TotalEnergies and RWE in Aisne, has a capacity of 15 megawatts and marks a milestone for the renewable energy industry in France.
Koehler Renewable Energy and CMB Energy formalise a joint venture to develop, operate and acquire wind farms targeting one gigawatt of installed capacity by 2030, with potential expansion into solar and storage.
Gentari and Amazon Web Services have entered into an 80 MW power purchase agreement in India, marking a major step for large-scale wind energy development in the region.
Washington removes regulatory requirement mandating biennial publication of five-year schedule for offshore renewable energy auctions, offering increased flexibility to Interior Secretary.
Europe aims for 84 GW of offshore wind by 2030 versus 36.6 GW currently. Port and naval investments require an additional 6.4 billion euros.
ERG launches a new 47.3 MW wind farm in Corlacky, featuring eleven turbines, bringing its installed capacity in the United Kingdom to 340 MW and confirming its investment strategy.
Consent Preferences