Epoxy Resins in Wind Energy Market
Epoxy Resins in Wind Energy Market Scope:
Industry Analysis, Market Size, Growth, Trends Till
2031
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Epoxy Resins in Wind Energy Market Size and Growth
The epoxy resins market in wind energy is experiencing significant growth, driven by increasing demand for lightweight, durable materials in turbine production. The market size is projected to reach approximately $1.2 billion by 2026, reflecting substantial investments in renewable energy and the push for enhanced performance in wind turbine manufacturing.
Companies Covered
(Covid 19 Impact Covered)
◍ Olin Corporation
◍ Hexion
◍ Huntsman
◍ Swancor
◍ Dasen Materials Technology
◍ Wells Advanced Materials
◍ BASF
◍ Guangdong Broadwin
◍ Sichuan Dongshu New Materials
◍ Shanghai Kangda New Materials
The epoxy resins market in wind energy is competitive, with companies like Olin Corporation, Hexion, and BASF providing durable, lightweight materials for turbine manufacturing. These companies enhance turbine efficiency and longevity. Revenue for select firms includes:
- Hexion: $1.5 billion (2022)
- Huntsman: $8.7 billion (2022)
- BASF: €76 billion (2022).
◍ Epoxy Base Electronic Material Corporation
◍ Gurit
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Market Segmentation
By Application
<2.0 MW
2.0-3.0 MW ◍ 3.0-5.0 MW ◍ >5.0 MW
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By Product
Hand Lay Resin
Infusion Resin
Epoxy Structural Adhesive
Others
Market Growth
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$ X Billion USD
