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In 2026, The Global Wind Turbine Blade Material Market Exceeded 37.3 Billion U.S. Dollars

- Dec 11, 2017 -

According to new data released by Navigant Research, more than 37 billion U.S. dollars worth of fan blade materials are expected to be produced and purchased in the next 10 years, further underscoring the growing global wind power industry.

 

Jesse Broehl, senior research analyst at Navigant Research, explains: "The wind turbine materials market is one of the most competitive parts of the wind turbine supply chain and many material suppliers are seeking to meet or exceed the needs of wind turbine manufacturers and independent turbine blade manufacturers demand."

 

The rapid development of manufacturing process and advanced materials will promote the market development of fan blades to create more powerful blades, make wind turbines more efficient and more economical, further reduce the cost of wind power and enhance the competitiveness of the industry.


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