| Product Code: ETC4501229 | Publication Date: Jul 2023 | Updated Date: Nov 2025 | Product Type: Report | |
| Publisher: 6Wresearch | Author: Ravi Bhandari | No. of Pages: 85 | No. of Figures: 45 | No. of Tables: 25 |
In the Indonesia wind turbine composites material market, the import trend experienced a decline from 2023 to 2024, with a growth rate of -9.64%. However, the compound annual growth rate (CAGR) for the period 2020-2024 stood at 5.77%. This decrease in import momentum in 2024 may be attributed to shifts in demand dynamics or changes in trade policies impacting market stability.
With a growing emphasis on renewable energy, the wind turbine composites material market in Indonesia is on the rise. Composites play a vital role in wind turbine blade manufacturing, and as the country expands its wind energy capacity, this market is poised for substantial growth.
The wind turbine composites material market is on the rise in Indonesia, driven by the nation`s commitment to renewable energy sources. Composites are crucial in wind turbine blade construction due to their strength-to-weight ratio. The government`s push for wind energy development is a significant driver, spurring investments in this market.
The wind turbine composites market encounters challenges associated with fluctuating demand for renewable energy and the cost of manufacturing composite materials. Developing lightweight yet durable composites for wind turbine blades and ensuring their recycling or disposal are areas of concern.
The Indonesia wind turbine composites material market felt the pandemic`s impact, with delays in wind farm projects. However, as the nation continues to invest in renewable energy, the market for wind turbine composites materials is likely to recover, especially as wind energy gains prominence in the country.
Key players in the wind turbine composites material market include PT Hexa Permata Teknik, PT Indofiberglass, and PT Protech Solid Plastics. These companies provide composite materials for wind turbine blades and components used in the renewable energy sector.
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 Indonesia Wind Turbine Composites Material Market Overview |
3.1 Indonesia Country Macro Economic Indicators |
3.2 Indonesia Wind Turbine Composites Material Market Revenues & Volume, 2021 & 2031F |
3.3 Indonesia Wind Turbine Composites Material Market - Industry Life Cycle |
3.4 Indonesia Wind Turbine Composites Material Market - Porter's Five Forces |
3.5 Indonesia Wind Turbine Composites Material Market Revenues & Volume Share, By Resin Type, 2021 & 2031F |
3.6 Indonesia Wind Turbine Composites Material Market Revenues & Volume Share, By Fiber Type, 2021 & 2031F |
3.7 Indonesia Wind Turbine Composites Material Market Revenues & Volume Share, By Manufacturing Process, 2021 & 2031F |
3.8 Indonesia Wind Turbine Composites Material Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Indonesia Wind Turbine Composites Material Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing focus on renewable energy sources in Indonesia |
4.2.2 Government initiatives and policies supporting the development of wind energy |
4.2.3 Advancements in wind turbine technology and design |
4.2.4 Growing awareness about the benefits of using composites materials in wind turbines |
4.3 Market Restraints |
4.3.1 High initial investment costs for setting up wind turbine projects |
4.3.2 Lack of infrastructure for wind energy generation in certain regions of Indonesia |
4.3.3 Limited availability of skilled workforce for wind energy projects |
4.3.4 Regulatory challenges and permitting issues for wind turbine installations |
5 Indonesia Wind Turbine Composites Material Market Trends |
6 Indonesia Wind Turbine Composites Material Market, By Types |
6.1 Indonesia Wind Turbine Composites Material Market, By Resin Type |
6.1.1 Overview and Analysis |
6.1.2 Indonesia Wind Turbine Composites Material Market Revenues & Volume, By Resin Type, 2021-2031F |
6.1.3 Indonesia Wind Turbine Composites Material Market Revenues & Volume, By Epoxy, 2021-2031F |
6.1.4 Indonesia Wind Turbine Composites Material Market Revenues & Volume, By Polyester, 2021-2031F |
6.1.5 Indonesia Wind Turbine Composites Material Market Revenues & Volume, By Vinyl Ester, 2021-2031F |
6.2 Indonesia Wind Turbine Composites Material Market, By Fiber Type |
6.2.1 Overview and Analysis |
6.2.2 Indonesia Wind Turbine Composites Material Market Revenues & Volume, By Glass fiber, 2021-2031F |
6.2.3 Indonesia Wind Turbine Composites Material Market Revenues & Volume, By Carbon fiber, 2021-2031F |
6.3 Indonesia Wind Turbine Composites Material Market, By Manufacturing Process |
6.3.1 Overview and Analysis |
6.3.2 Indonesia Wind Turbine Composites Material Market Revenues & Volume, By Vacuum Injection Molding, 2021-2031F |
6.3.3 Indonesia Wind Turbine Composites Material Market Revenues & Volume, By Prepreg, 2021-2031F |
6.3.4 Indonesia Wind Turbine Composites Material Market Revenues & Volume, By Hand Lay-Up, 2021-2031F |
6.4 Indonesia Wind Turbine Composites Material Market, By Application |
6.4.1 Overview and Analysis |
6.4.2 Indonesia Wind Turbine Composites Material Market Revenues & Volume, By Blades, 2021-2031F |
6.4.3 Indonesia Wind Turbine Composites Material Market Revenues & Volume, By Nacelles, 2021-2031F |
6.4.4 Indonesia Wind Turbine Composites Material Market Revenues & Volume, By Others (Towers and Hub), 2021-2031F |
7 Indonesia Wind Turbine Composites Material Market Import-Export Trade Statistics |
7.1 Indonesia Wind Turbine Composites Material Market Export to Major Countries |
7.2 Indonesia Wind Turbine Composites Material Market Imports from Major Countries |
8 Indonesia Wind Turbine Composites Material Market Key Performance Indicators |
8.1 Average wind speed in key regions for wind energy projects |
8.2 Number of new wind turbine installations using composites materials |
8.3 Capacity utilization rate of wind turbines using composites materials |
8.4 Research and development investments in wind turbine technology |
8.5 Percentage of energy generated from wind sources in Indonesia |
9 Indonesia Wind Turbine Composites Material Market - Opportunity Assessment |
9.1 Indonesia Wind Turbine Composites Material Market Opportunity Assessment, By Resin Type, 2021 & 2031F |
9.2 Indonesia Wind Turbine Composites Material Market Opportunity Assessment, By Fiber Type, 2021 & 2031F |
9.3 Indonesia Wind Turbine Composites Material Market Opportunity Assessment, By Manufacturing Process, 2021 & 2031F |
9.4 Indonesia Wind Turbine Composites Material Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Indonesia Wind Turbine Composites Material Market - Competitive Landscape |
10.1 Indonesia Wind Turbine Composites Material Market Revenue Share, By Companies, 2024 |
10.2 Indonesia Wind Turbine Composites Material Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |