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.

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The Australian government has granted environmental approval for the 108 MW Waddi Wind Farm, a Tilt Renewables project with construction costs exceeding $400mn.
The 180 MW Nimbus wind project enters its final phase of construction in Arkansas, with commercial operation scheduled for early 2026.
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Institutional deadlock in France delays tenders and weakens the offshore wind sector, triggering job cuts and major industrial withdrawals from the market.
The Lithuanian energy group has signed a EUR 318 million financing agreement for its 314 MW wind project, the largest in the Baltic states.
German group BayWa r.e. has tasked Enercoop Bretagne with implementing a citizen investment scheme for its planned wind farm in Plouisy, aiming for shared governance and stronger local involvement.
US wind capacity fell in Q2, but developers anticipate a sharp increase by late 2025, with 46 GW of new capacity forecast by 2029 and a peak in 2027.
Engie has signed a renewable electricity supply contract with Apple covering 173 MW of installed capacity in Italy, with commissioning scheduled between 2026 and 2027.
Renova a soumis une méthodologie d’évaluation environnementale pour un projet éolien terrestre de 280MW à Higashidori, renforçant son positionnement sur les technologies renouvelables au Japon.
The joint venture between BP and JERA ends its offshore wind ambitions in the United States, citing an unfavourable economic and regulatory environment for continuing the development of the Beacon Wind project.
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The acquisition of Cosmic Group by FairWind consolidates its position in Australia and marks a strategic expansion into New Zealand and Japan.
Danish manufacturer Vestas has paused construction of its planned facility in Poland, originally set for 2026, citing weaker-than-expected European offshore wind demand.
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Eversource Energy posts a one-time $75mn charge linked to unforeseen costs in the Revolution Wind project, while tightening its 2025 earnings forecast.
The Renewables Infrastructure Group has signed a ten-year power purchase agreement with Virgin Media O2 for its onshore wind farms in the United Kingdom, ensuring price stability for both parties.

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