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.

Envision Energy has signed an agreement to equip Kazakhstan’s largest wind power project, marking a strategic step in energy cooperation with TotalEnergies, Samruk-Energo and KazMunayGas.
The Swedish energy group aims to produce 9TWh per year with its Storlandet project, intended to meet rising demand from the mining and steel industries in the north of the country.
The two regional utilities join a JERA-led consortium to support the operation of the Ishikari Bay offshore wind farm, which entered service in early 2024.
Energy group Axpo is considering a new installation of three wind turbines in Wil, aimed at powering around 5,000 households and strengthening Switzerland's winter electricity production.
Encavis strengthens its wind portfolio in Germany with the acquisition of a Schierenberg project and the signing of four new partnerships with ABO Energy, for a joint total capacity of 106 MW.
Boralex rolls out an energy assistance scheme for residents near its wind and solar farms, with a pilot project launched in two communes in Haute-Loire.
Eiffage, through its Belgian subsidiary Smulders, will build three electrical substations to connect offshore wind farms in Brittany and the Mediterranean, under a contract exceeding €1.5bn ($1.59bn).
Envision Energy has published an environmental product declaration for two of its turbines, a milestone certified to ISO standards aimed at strengthening its position in international wind markets.
Yaway, a brand of Kallista Energy, commissions in Breteuil a very high-power charging station directly connected to wind turbines, offering a price of €0.30/kWh ($0.32/kWh) and a maximum power of 400 kW, with no subscription.
Fortescue has selected Envision Energy to supply next-generation turbines in Australia, the first step in a project targeting 2 to 3 GW of renewable generation backed by batteries.
Singapore-based developer Vena Energy has launched operations at its third wind power plant in Japan, located in Saikai, Nagasaki Prefecture, with a grid-connected capacity of 7.5 MW.
Ørsted and Korea South-East Power Co. (KOEN) have signed a memorandum of understanding to explore joint development of the 1.4 GW Incheon offshore wind project, located off South Korea’s west coast.
RWE has finalised the installation of all 72 monopiles at the 1.1 GW Thor offshore wind farm off the Danish coast, marking a key milestone ahead of secondary structure and turbine installation scheduled for 2026.
The Bundesnetzagentur awarded 376 projects totalling 3.45 GW, with a weighted average price of 6.57 cents per kilowatt-hour, without reducing the volume despite an undersubscription risk.
Alternergy strengthens its portfolio by acquiring two wind projects from CleanTech in Quezon Province, expanding its growth strategy beyond the 500MW mark.
Orsted has resumed work on its Revolution Wind offshore wind farm, previously halted by federal authorities, after a court ruling allowed construction to continue despite ongoing legal action from the U.S. government.
No candidate submitted a final offer for the 1 GW project off Oléron Island, despite an initial shortlist of nine consortiums including major European energy groups.
TotalEnergies and RWE secure the Centre Manche 2 contract, France’s largest offshore wind project to date, with an estimated investment of €4.5bn ($4.82bn).
A federal court authorises Ørsted to continue construction on its offshore wind farm Revolution Wind, halted by an administrative order in August, while the group secures DKK60bn to finance Sunrise Wind.
The European Bank for Reconstruction and Development leads an international financing structure to support the construction of a wind farm in Ras Ghareb, as part of Egypt’s national energy strategy.