Epoxy Resin for Wind Turbine Blades Market 2022: Industry Size, Emerging Trends, Growth Insights, Opportunities, and Forecast By 2028
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Epoxy resins are organic compounds whose molecules contain two or more epoxy groups. Epoxy resin for wind turbine blades is made from basic epoxy resin, which has excellent strength to weight ratio, high temperature resistance and corrosion resistance, and can meet the requirements of wind turbine blades. The production of wind turbine blades mostly uses composite materials containing fiber reinforced materials (such as glass fiber and carbon fiber), plastic polymers (polyester and epoxy vinyl resin), sandwich materials (PVC and PET, etc.) and coatings (polyurethane).
This report aims to provide a comprehensive presentation of the global market for Epoxy Resin for Wind Turbine Blades study by Market Intellix gives insights concerning the market elements influencing the market, Market scope, Market division, and overlays shadow upon the leading market players featuring the positive cutthroat scene and patterns beating the years.
Global Epoxy Resin for Wind Turbine Blades Market Revenue, 2017-2022, 2023-2028, ($ millions)
Global Epoxy Resin for Wind Turbine Blades Market Sales, 2017-2022, 2023-2028, (MT)
Global top five Epoxy Resin for Wind Turbine Blades companies in 2021 (%)
The global Epoxy Resin for Wind Turbine Blades market was valued at million in 2021 and is projected to reach US$ million by 2028, at a CAGR of % during the forecast period 2022-2028.
The U.S. Market is Estimated at $ Million in 2021, While China is Forecast to Reach $ Million by 2028.
Hand Lay-up Resin Segment to Reach $ Million by 2028, with a % CAGR in next six years.
The global key manufacturers of Epoxy Resin for Wind Turbine Blades include Westlake Chemical Corporation, Olin Corp, Techstorm Advanced Material, Swancor Advanced Materials, Kangda New Materials, Wells Advanced Materials, Sichuan Dongshu New Materials, Bohui New Materials and Huntsman, etc. In 2021, the global top five players have a share approximately % in terms of revenue.
The study provides the Epoxy Resin for Wind Turbine Blades manufacturers, suppliers, distributors and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks.
Segmental Outline:
Global Epoxy Resin for Wind Turbine Blades Market, by Type, 2017-2022, 2023-2028 ($ Millions) & (MT)
Global Epoxy Resin for Wind Turbine Blades Market Segment Percentages, by Type, 2021 (%)
Hand Lay-up Resin
Infusion Resin
Epoxy Structural Adhesive
Other
Global Epoxy Resin for Wind Turbine Blades Market, by Application, 2017-2022, 2023-2028 ($ Millions) & (MT)
Global Epoxy Resin for Wind Turbine Blades Market Segment Percentages, by Application, 2021 (%)
<2.0 MW
2.0-3.0 MW
3.0-5.0 MW
>5.0 MW
Global Epoxy Resin for Wind Turbine Blades Market, By Region and Country, 2017-2022, 2023-2028 ($ Millions) & (MT)
Global Epoxy Resin for Wind Turbine Blades Market Segment Percentages, By Region and Country, 2021 (%)
North America
US
Canada
Mexico
Europe
Germany
France
U.K.
Italy
Russia
Nordic Countries
Benelux
Rest of Europe
Asia
China
Japan
South Korea
Southeast Asia
India
Rest of Asia
South America
Brazil
Argentina
Rest of South America
Middle East & Africa
Turkey
Israel
Saudi Arabia
UAE
Rest of Middle East & Africa
Competitor Analysis
The report also provides analysis of leading market participants including:
Key companies Epoxy Resin for Wind Turbine Blades revenues in global market, 2017-2022 (Estimated), ($ millions)
Key companies Epoxy Resin for Wind Turbine Blades revenues share in global market, 2021 (%)
Key companies Epoxy Resin for Wind Turbine Blades sales in global market, 2017-2022 (Estimated), (MT)
Key companies Epoxy Resin for Wind Turbine Blades sales share in global market, 2021 (%)
Further, the report presents profiles of competitors in the market, key players include:
Westlake Chemical Corporation
Olin Corp
Techstorm Advanced Material
Swancor Advanced Materials
Kangda New Materials
Wells Advanced Materials
Sichuan Dongshu New Materials
Bohui New Materials
Huntsman
Guangzhou Pochely New Materials Technology
Epoxy Base Electronic Material Corporation Limited
BASF
Gurit
Changshu Jiafa Chemical
This Report Addresses:
– Market Intelligence enables effective decision-making
– Market estimates and forecasts from 2022 to 2028
– Growth opportunities and trend analysis
– Segment and regional revenue forecast for market evaluation
– Competitive strategy and analysis of market segments
– List of product innovations to stay on top.
– The impact of COVID-19 and how to survive in these fast-growing markets.
1 Introduction to Research & Analysis Reports
1.1 Epoxy Resin for Wind Turbine Blades Market Definition
1.2 Market Segments
1.2.1 Market by Type
1.2.2 Market by Application
1.3 Global Epoxy Resin for Wind Turbine Blades Market Overview
1.4 Features & Benefits of This Report
1.5 Methodology & Sources of Information
1.5.1 Research Methodology
1.5.2 Research Process
1.5.3 Base Year
1.5.4 Report Assumptions & Caveats
2 Global Epoxy Resin for Wind Turbine Blades Overall Market Size
2.1 Global Epoxy Resin for Wind Turbine Blades Market Size: 2021 VS 2028
2.2 Global Epoxy Resin for Wind Turbine Blades Revenue, Prospects & Forecasts: 2017-2028
2.3 Global Epoxy Resin for Wind Turbine Blades Sales: 2017-2028
3 Company Landscape
3.1 Top Epoxy Resin for Wind Turbine Blades Players in Global Market
3.2 Top Global Epoxy Resin for Wind Turbine Blades Companies Ranked by Revenue
3.3 Global Epoxy Resin for Wind Turbine Blades Revenue by Companies
3.4 Global Epoxy Resin for Wind Turbine Blades Sales by Companies
3.5 Global Epoxy Resin for Wind Turbine Blades Price by Manufacturer (2017-2022)
3.6 Top 3 and Top 5 Epoxy Resin for Wind Turbine Blades Companies in Global Market, by Revenue in 2021
3.7 Global Manufacturers Epoxy Resin for Wind Turbine Blades Product Type
3.8 Tier 1, Tier 2 and Tier 3 Epoxy Resin for Wind Turbine Blades Players in Global Market
3.8.1 List of Global Tier 1 Epoxy Resin for Wind Turbine Blades Companies
3.8.2 List of Global Tier 2 and Tier 3 Epoxy Resin for Wind Turbine Blades Companies
4 Sights by Product
4.1 Overview
4.1.1 By Type - Global Epoxy Resin for Wind Turbine Blades Market Size Markets, 2021 & 2028
4.1.2 Hand Lay-up Resin
4.1.3 Infusion Resin
4.1.4 Epoxy Structural Adhesive
4.1.5 Other
4.2 By Type - Global Epoxy Resin for Wind Turbine Blades Revenue & Forecasts
4.2.1 By Type - Global Epoxy Resin for Wind Turbine Blades Revenue, 2017-2022
4.2.2 By Type - Global Epoxy Resin for Wind Turbine Blades Revenue, 2023-2028
4.2.3 By Type - Global Epoxy Resin for Wind Turbine Blades Revenue Market Share, 2017-2028
4.3 By Type - Global Epoxy Resin for Wind Turbine Blades Sales & Forecasts
4.3.1 By Type - Global Epoxy Resin for Wind Turbine Blades Sales, 2017-2022
4.3.2 By Type - Global Epoxy Resin for Wind Turbine Blades Sales, 2023-2028
4.3.3 By Type - Global Epoxy Resin for Wind Turbine Blades Sales Market Share, 2017-2028
4.4 By Type - Global Epoxy Resin for Wind Turbine Blades Price (Manufacturers Selling Prices), 2017-2028
5 Sights By Application
5.1 Overview
5.1.1 By Application - Global Epoxy Resin for Wind Turbine Blades Market Size, 2021 & 2028
5.1.2 <2.0 MW
5.1.3 2.0-3.0 MW
5.1.4 3.0-5.0 MW
5.1.5 >5.0 MW
5.2 By Application - Global Epoxy Resin for Wind Turbine Blades Revenue & Forecasts
5.2.1 By Application - Global Epoxy Resin for Wind Turbine Blades Revenue, 2017-2022
5.2.2 By Application - Global Epoxy Resin for Wind Turbine Blades Revenue, 2023-2028
5.2.3 By Application - Global Epoxy Resin for Wind Turbine Blades Revenue Market Share, 2017-2028
5.3 By Application - Global Epoxy Resin for Wind Turbine Blades Sales & Forecasts
5.3.1 By Application - Global Epoxy Resin for Wind Turbine Blades Sales, 2017-2022
5.3.2 By Application - Global Epoxy Resin for Wind Turbine Blades Sales, 2023-2028
5.3.3 By Application - Global Epoxy Resin for Wind Turbine Blades Sales Market Share, 2017-2028
5.4 By Application - Global Epoxy Resin for Wind Turbine Blades Price (Manufacturers Selling Prices), 2017-2028
6 Sights by Region
6.1 By Region - Global Epoxy Resin for Wind Turbine Blades Market Size, 2021 & 2028
6.2 By Region - Global Epoxy Resin for Wind Turbine Blades Revenue & Forecasts
6.2.1 By Region - Global Epoxy Resin for Wind Turbine Blades Revenue, 2017-2022
6.2.2 By Region - Global Epoxy Resin for Wind Turbine Blades Revenue, 2023-2028
6.2.3 By Region - Global Epoxy Resin for Wind Turbine Blades Revenue Market Share, 2017-2028
6.3 By Region - Global Epoxy Resin for Wind Turbine Blades Sales & Forecasts
6.3.1 By Region - Global Epoxy Resin for Wind Turbine Blades Sales, 2017-2022
6.3.2 By Region - Global Epoxy Resin for Wind Turbine Blades Sales, 2023-2028
6.3.3 By Region - Global Epoxy Resin for Wind Turbine Blades Sales Market Share, 2017-2028
6.4 North America
6.4.1 By Country - North America Epoxy Resin for Wind Turbine Blades Revenue, 2017-2028
6.4.2 By Country - North America Epoxy Resin for Wind Turbine Blades Sales, 2017-2028
6.4.3 US Epoxy Resin for Wind Turbine Blades Market Size, 2017-2028
6.4.4 Canada Epoxy Resin for Wind Turbine Blades Market Size, 2017-2028
6.4.5 Mexico Epoxy Resin for Wind Turbine Blades Market Size, 2017-2028
6.5 Europe
6.5.1 By Country - Europe Epoxy Resin for Wind Turbine Blades Revenue, 2017-2028
6.5.2 By Country - Europe Epoxy Resin for Wind Turbine Blades Sales, 2017-2028
6.5.3 Germany Epoxy Resin for Wind Turbine Blades Market Size, 2017-2028
6.5.4 France Epoxy Resin for Wind Turbine Blades Market Size, 2017-2028
6.5.5 U.K. Epoxy Resin for Wind Turbine Blades Market Size, 2017-2028
6.5.6 Italy Epoxy Resin for Wind Turbine Blades Market Size, 2017-2028
6.5.7 Russia Epoxy Resin for Wind Turbine Blades Market Size, 2017-2028
6.5.8 Nordic Countries Epoxy Resin for Wind Turbine Blades Market Size, 2017-2028
6.5.9 Benelux Epoxy Resin for Wind Turbine Blades Market Size, 2017-2028
6.6 Asia
6.6.1 By Region - Asia Epoxy Resin for Wind Turbine Blades Revenue, 2017-2028
6.6.2 By Region - Asia Epoxy Resin for Wind Turbine Blades Sales, 2017-2028
6.6.3 China Epoxy Resin for Wind Turbine Blades Market Size, 2017-2028
6.6.4 Japan Epoxy Resin for Wind Turbine Blades Market Size, 2017-2028
6.6.5 South Korea Epoxy Resin for Wind Turbine Blades Market Size, 2017-2028
6.6.6 Southeast Asia Epoxy Resin for Wind Turbine Blades Market Size, 2017-2028
6.6.7 India Epoxy Resin for Wind Turbine Blades Market Size, 2017-2028
6.7 South America
6.7.1 By Country - South America Epoxy Resin for Wind Turbine Blades Revenue, 2017-2028
6.7.2 By Country - South America Epoxy Resin for Wind Turbine Blades Sales, 2017-2028
6.7.3 Brazil Epoxy Resin for Wind Turbine Blades Market Size, 2017-2028
6.7.4 Argentina Epoxy Resin for Wind Turbine Blades Market Size, 2017-2028
6.8 Middle East & Africa
6.8.1 By Country - Middle East & Africa Epoxy Resin for Wind Turbine Blades Revenue, 2017-2028
6.8.2 By Country - Middle East & Africa Epoxy Resin for Wind Turbine Blades Sales, 2017-2028
6.8.3 Turkey Epoxy Resin for Wind Turbine Blades Market Size, 2017-2028
6.8.4 Israel Epoxy Resin for Wind Turbine Blades Market Size, 2017-2028
6.8.5 Saudi Arabia Epoxy Resin for Wind Turbine Blades Market Size, 2017-2028
6.8.6 UAE Epoxy Resin for Wind Turbine Blades Market Size, 2017-2028
7 Manufacturers & Brands Profiles
7.1 Westlake Chemical Corporation
7.1.1 Westlake Chemical Corporation Corporate Summary
7.1.2 Westlake Chemical Corporation Business Overview
7.1.3 Westlake Chemical Corporation Epoxy Resin for Wind Turbine Blades Major Product Offerings
7.1.4 Westlake Chemical Corporation Epoxy Resin for Wind Turbine Blades Sales and Revenue in Global (2017-2022)
7.1.5 Westlake Chemical Corporation Key News
7.2 Olin Corp
7.2.1 Olin Corp Corporate Summary
7.2.2 Olin Corp Business Overview
7.2.3 Olin Corp Epoxy Resin for Wind Turbine Blades Major Product Offerings
7.2.4 Olin Corp Epoxy Resin for Wind Turbine Blades Sales and Revenue in Global (2017-2022)
7.2.5 Olin Corp Key News
7.3 Techstorm Advanced Material
7.3.1 Techstorm Advanced Material Corporate Summary
7.3.2 Techstorm Advanced Material Business Overview
7.3.3 Techstorm Advanced Material Epoxy Resin for Wind Turbine Blades Major Product Offerings
7.3.4 Techstorm Advanced Material Epoxy Resin for Wind Turbine Blades Sales and Revenue in Global (2017-2022)
7.3.5 Techstorm Advanced Material Key News
7.4 Swancor Advanced Materials
7.4.1 Swancor Advanced Materials Corporate Summary
7.4.2 Swancor Advanced Materials Business Overview
7.4.3 Swancor Advanced Materials Epoxy Resin for Wind Turbine Blades Major Product Offerings
7.4.4 Swancor Advanced Materials Epoxy Resin for Wind Turbine Blades Sales and Revenue in Global (2017-2022)
7.4.5 Swancor Advanced Materials Key News
7.5 Kangda New Materials
7.5.1 Kangda New Materials Corporate Summary
7.5.2 Kangda New Materials Business Overview
7.5.3 Kangda New Materials Epoxy Resin for Wind Turbine Blades Major Product Offerings
7.5.4 Kangda New Materials Epoxy Resin for Wind Turbine Blades Sales and Revenue in Global (2017-2022)
7.5.5 Kangda New Materials Key News
7.6 Wells Advanced Materials
7.6.1 Wells Advanced Materials Corporate Summary
7.6.2 Wells Advanced Materials Business Overview
7.6.3 Wells Advanced Materials Epoxy Resin for Wind Turbine Blades Major Product Offerings
7.6.4 Wells Advanced Materials Epoxy Resin for Wind Turbine Blades Sales and Revenue in Global (2017-2022)
7.6.5 Wells Advanced Materials Key News
7.7 Sichuan Dongshu New Materials
7.7.1 Sichuan Dongshu New Materials Corporate Summary
7.7.2 Sichuan Dongshu New Materials Business Overview
7.7.3 Sichuan Dongshu New Materials Epoxy Resin for Wind Turbine Blades Major Product Offerings
7.7.4 Sichuan Dongshu New Materials Epoxy Resin for Wind Turbine Blades Sales and Revenue in Global (2017-2022)
7.7.5 Sichuan Dongshu New Materials Key News
7.8 Bohui New Materials
7.8.1 Bohui New Materials Corporate Summary
7.8.2 Bohui New Materials Business Overview
7.8.3 Bohui New Materials Epoxy Resin for Wind Turbine Blades Major Product Offerings
7.8.4 Bohui New Materials Epoxy Resin for Wind Turbine Blades Sales and Revenue in Global (2017-2022)
7.8.5 Bohui New Materials Key News
7.9 Huntsman
7.9.1 Huntsman Corporate Summary
7.9.2 Huntsman Business Overview
7.9.3 Huntsman Epoxy Resin for Wind Turbine Blades Major Product Offerings
7.9.4 Huntsman Epoxy Resin for Wind Turbine Blades Sales and Revenue in Global (2017-2022)
7.9.5 Huntsman Key News
7.10 Guangzhou Pochely New Materials Technology
7.10.1 Guangzhou Pochely New Materials Technology Corporate Summary
7.10.2 Guangzhou Pochely New Materials Technology Business Overview
7.10.3 Guangzhou Pochely New Materials Technology Epoxy Resin for Wind Turbine Blades Major Product Offerings
7.10.4 Guangzhou Pochely New Materials Technology Epoxy Resin for Wind Turbine Blades Sales and Revenue in Global (2017-2022)
7.10.5 Guangzhou Pochely New Materials Technology Key News
7.11 Epoxy Base Electronic Material Corporation Limited
7.11.1 Epoxy Base Electronic Material Corporation Limited Corporate Summary
7.11.2 Epoxy Base Electronic Material Corporation Limited Epoxy Resin for Wind Turbine Blades Business Overview
7.11.3 Epoxy Base Electronic Material Corporation Limited Epoxy Resin for Wind Turbine Blades Major Product Offerings
7.11.4 Epoxy Base Electronic Material Corporation Limited Epoxy Resin for Wind Turbine Blades Sales and Revenue in Global (2017-2022)
7.11.5 Epoxy Base Electronic Material Corporation Limited Key News
7.12 BASF
7.12.1 BASF Corporate Summary
7.12.2 BASF Epoxy Resin for Wind Turbine Blades Business Overview
7.12.3 BASF Epoxy Resin for Wind Turbine Blades Major Product Offerings
7.12.4 BASF Epoxy Resin for Wind Turbine Blades Sales and Revenue in Global (2017-2022)
7.12.5 BASF Key News
7.13 Gurit
7.13.1 Gurit Corporate Summary
7.13.2 Gurit Epoxy Resin for Wind Turbine Blades Business Overview
7.13.3 Gurit Epoxy Resin for Wind Turbine Blades Major Product Offerings
7.13.4 Gurit Epoxy Resin for Wind Turbine Blades Sales and Revenue in Global (2017-2022)
7.13.5 Gurit Key News
7.14 Changshu Jiafa Chemical
7.14.1 Changshu Jiafa Chemical Corporate Summary
7.14.2 Changshu Jiafa Chemical Business Overview
7.14.3 Changshu Jiafa Chemical Epoxy Resin for Wind Turbine Blades Major Product Offerings
7.14.4 Changshu Jiafa Chemical Epoxy Resin for Wind Turbine Blades Sales and Revenue in Global (2017-2022)
7.14.5 Changshu Jiafa Chemical Key News
8 Global Epoxy Resin for Wind Turbine Blades Production Capacity, Analysis
8.1 Global Epoxy Resin for Wind Turbine Blades Production Capacity, 2017-2028
8.2 Epoxy Resin for Wind Turbine Blades Production Capacity of Key Manufacturers in Global Market
8.3 Global Epoxy Resin for Wind Turbine Blades Production by Region
9 Key Market Trends, Opportunity, Drivers and Restraints
9.1 Market Opportunities & Trends
9.2 Market Drivers
9.3 Market Restraints
10 Epoxy Resin for Wind Turbine Blades Supply Chain Analysis
10.1 Epoxy Resin for Wind Turbine Blades Industry Value Chain
10.2 Epoxy Resin for Wind Turbine Blades Upstream Market
10.3 Epoxy Resin for Wind Turbine Blades Downstream and Clients
10.4 Marketing Channels Analysis
10.4.1 Marketing Channels
10.4.2 Epoxy Resin for Wind Turbine Blades Distributors and Sales Agents in Global
11 Conclusion
12 Appendix
12.1 Note
12.2 Examples of Clients
12.3 Disclaimer
Research Methodology:
Epoxy Resin for Wind Turbine Blades Market Size Estimation
To estimate market size and trends, we use a combination of top-down and bottom-up methods. This allows us to evaluate the market from various perspectives—by company, region, product type, and end users.
Our estimates are based on actual sales data, excluding any discounts. Segment breakdowns and market shares are calculated using weighted averages based on usage rates and average prices. Regional insights are determined by how widely a product or service is adopted in each area.
Key companies are identified through secondary sources like industry reports and company filings. We then verify revenue estimates and other key data points through primary research, including interviews with industry experts, company executives, and decision-makers.
We take into account all relevant factors that could influence the market and validate our findings with real-world input. Our final insights combine both qualitative and quantitative data to provide a well-rounded view. Please note, these estimates do not account for unexpected changes such as inflation, economic downturns, or policy shifts.
Data Source
Secondary Sources
This study draws on a wide range of secondary sources, including press releases, annual reports, non-profit organizations, industry associations, government agencies, and customs data. We also referred to reputable databases and directories such as Bloomberg, Wind Info, Hoovers, Factiva, Trading Economics, Statista, and others. Additional references include investor presentations, company filings (e.g., SEC), economic data, and documents from regulatory and industry bodies.
These sources were used to gather technical and market-focused insights, identify key players, analyze market segmentation and classification, and track major trends and developments across industries.
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Primary Sources
As part of our primary research, we interviewed a variety of stakeholders from both the supply and demand sides to gather valuable qualitative and quantitative insights.
On the supply side, we spoke with product manufacturers, competitors, industry experts, research institutions, distributors, traders, and raw material suppliers. On the demand side, we engaged with business leaders, marketing and sales heads, technology and innovation directors, supply chain executives, and end users across key organizations.
These conversations helped us better understand market segmentation, pricing, applications, leading players, supply chains, demand trends, industry outlook, and key market dynamics—including risks, opportunities, barriers, and strategic developments.
Key Data Information from Primary Sources
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