06:40 ETWind Turbine Composites Market worth $28.85 billion by 2030 - Exclusive Report by MarketsandMarkets™

prnewswire
2026.04.03 10:42
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The Wind Turbine Composites Market is projected to grow from USD 17.67 billion in 2025 to USD 28.85 billion by 2030, at a CAGR of 10.3%. Key drivers include the global shift to renewable energy and advancements in composite materials like glass and carbon fiber. Asia Pacific leads the market with a 78.2% share in 2024. The carbon fiber segment is expected to grow at the highest CAGR of 11.4%. Major players include Toray Industries and ExxonMobil, while startups focus on recyclable materials to meet sustainability goals.