| Product Code: ETC5713699 | Publication Date: Nov 2023 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Sumit Sagar | No. of Pages: 60 | No. of Figures: 30 | No. of Tables: 5 |
In the Greece wind turbine composites material market, the import trend showed significant growth from 2023 to 2024, with a growth rate of 24.66%. The compound annual growth rate (CAGR) for imports between 2020 and 2024 stood at 24.83%. This robust import momentum can be attributed to increased demand for renewable energy solutions and a shift towards sustainable practices in the energy sector.
The Greece Wind Turbine Composites Material market is growing due to the country`s expanding renewable energy sector. Composites are crucial for manufacturing lightweight, durable components such as turbine blades. As the demand for wind energy increases in Greece, the use of composite materials in wind turbines will also rise, driving market growth.
The Greece Wind Turbine Composites Material market is experiencing growth due to the increasing use of lightweight, high-strength composite materials in the production of wind turbine blades. Composites, including fiberglass and carbon fiber, offer the necessary strength and durability while reducing the overall weight of the turbine, improving efficiency and performance. As Greece continues to invest in wind energy to meet its renewable energy targets, the demand for these advanced materials is expected to rise. Additionally, innovations in composite material technologies and their ability to withstand harsh environmental conditions are driving the growth of the wind turbine composites material market in Greece.
The Greece Wind Turbine Composites Material market encounters challenges from high production costs and limited awareness about composite materials` advantages. Competition from traditional materials restricts growth.
The wind turbine composites material market in Greece benefits from government policies promoting renewable energy and sustainable materials. Regulatory frameworks supporting wind energy projects and promoting energy efficiency have encouraged investments in composite materials for wind turbines.
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Greece Wind Turbine Composites Material Market Overview |
3.1 Greece Country Macro Economic Indicators |
3.2 Greece Wind Turbine Composites Material Market Revenues & Volume, 2021 & 2031F |
3.3 Greece Wind Turbine Composites Material Market - Industry Life Cycle |
3.4 Greece Wind Turbine Composites Material Market - Porter's Five Forces |
3.5 Greece Wind Turbine Composites Material Market Revenues & Volume Share, By Resin Type, 2021 & 2031F |
3.6 Greece Wind Turbine Composites Material Market Revenues & Volume Share, By Fiber Type, 2021 & 2031F |
3.7 Greece Wind Turbine Composites Material Market Revenues & Volume Share, By Manufacturing Process, 2021 & 2031F |
3.8 Greece Wind Turbine Composites Material Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Greece Wind Turbine Composites Material Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for renewable energy sources in Greece |
4.2.2 Government initiatives and policies promoting wind energy projects |
4.2.3 Advancements in wind turbine technology leading to higher efficiency |
4.3 Market Restraints |
4.3.1 High initial investment costs for wind turbine projects |
4.3.2 Limited availability of suitable land for wind farm installations in Greece |
4.3.3 Challenges in obtaining necessary permits and approvals for wind energy projects |
5 Greece Wind Turbine Composites Material Market Trends |
6 Greece Wind Turbine Composites Material Market Segmentations |
6.1 Greece Wind Turbine Composites Material Market, By Resin Type |
6.1.1 Overview and Analysis |
6.1.2 Greece Wind Turbine Composites Material Market Revenues & Volume, By Epoxy, 2021-2031F |
6.1.3 Greece Wind Turbine Composites Material Market Revenues & Volume, By Polyester, 2021-2031F |
6.1.4 Greece Wind Turbine Composites Material Market Revenues & Volume, By Vinyl Ester, 2021-2031F |
6.2 Greece Wind Turbine Composites Material Market, By Fiber Type |
6.2.1 Overview and Analysis |
6.2.2 Greece Wind Turbine Composites Material Market Revenues & Volume, By Glass fiber, 2021-2031F |
6.2.3 Greece Wind Turbine Composites Material Market Revenues & Volume, By Carbon fiber, 2021-2031F |
6.3 Greece Wind Turbine Composites Material Market, By Manufacturing Process |
6.3.1 Overview and Analysis |
6.3.2 Greece Wind Turbine Composites Material Market Revenues & Volume, By Vacuum Injection Molding, 2021-2031F |
6.3.3 Greece Wind Turbine Composites Material Market Revenues & Volume, By Prepreg, 2021-2031F |
6.3.4 Greece Wind Turbine Composites Material Market Revenues & Volume, By Hand Lay-Up, 2021-2031F |
6.4 Greece Wind Turbine Composites Material Market, By Application |
6.4.1 Overview and Analysis |
6.4.2 Greece Wind Turbine Composites Material Market Revenues & Volume, By Blades, 2021-2031F |
6.4.3 Greece Wind Turbine Composites Material Market Revenues & Volume, By Nacelles, 2021-2031F |
6.4.4 Greece Wind Turbine Composites Material Market Revenues & Volume, By Others (Towers and Hub), 2021-2031F |
7 Greece Wind Turbine Composites Material Market Import-Export Trade Statistics |
7.1 Greece Wind Turbine Composites Material Market Export to Major Countries |
7.2 Greece Wind Turbine Composites Material Market Imports from Major Countries |
8 Greece Wind Turbine Composites Material Market Key Performance Indicators |
8.1 Average capacity factor of wind turbines in Greece |
8.2 Levelized cost of electricity (LCOE) for wind energy projects |
8.3 Number of new wind turbine installations in Greece per year |
8.4 Composite material efficiency in wind turbine blades |
8.5 Rate of adoption of composite materials in wind turbine manufacturing |
9 Greece Wind Turbine Composites Material Market - Opportunity Assessment |
9.1 Greece Wind Turbine Composites Material Market Opportunity Assessment, By Resin Type, 2021 & 2031F |
9.2 Greece Wind Turbine Composites Material Market Opportunity Assessment, By Fiber Type, 2021 & 2031F |
9.3 Greece Wind Turbine Composites Material Market Opportunity Assessment, By Manufacturing Process, 2021 & 2031F |
9.4 Greece Wind Turbine Composites Material Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Greece Wind Turbine Composites Material Market - Competitive Landscape |
10.1 Greece Wind Turbine Composites Material Market Revenue Share, By Companies, 2024 |
10.2 Greece Wind Turbine Composites Material Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations | 13 Disclaimer |