| Product Code: ETC5713724 | Publication Date: Nov 2023 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Ravi Bhandari | No. of Pages: 60 | No. of Figures: 30 | No. of Tables: 5 |
The import shipments of wind turbine composites materials to Maldives have shown significant growth, with a CAGR of 13.27% from 2020 to 2024. In 2024, the top exporting countries were India, China, Thailand, Sri Lanka, and Singapore. The High Herfindahl-Hirschman Index (HHI) indicates a high concentration of imports in 2023, which further increased in 2024. The growth rate from 2023 to 2024 was an impressive 18.91%, suggesting a growing demand for wind turbine composites materials in Maldives and a competitive market dominated by a few key exporting countries.

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 Maldives Wind Turbine Composites Material Market Overview |
3.1 Maldives Country Macro Economic Indicators |
3.2 Maldives Wind Turbine Composites Material Market Revenues & Volume, 2021 & 2031F |
3.3 Maldives Wind Turbine Composites Material Market - Industry Life Cycle |
3.4 Maldives Wind Turbine Composites Material Market - Porter's Five Forces |
3.5 Maldives Wind Turbine Composites Material Market Revenues & Volume Share, By Resin Type, 2021 & 2031F |
3.6 Maldives Wind Turbine Composites Material Market Revenues & Volume Share, By Fiber Type, 2021 & 2031F |
3.7 Maldives Wind Turbine Composites Material Market Revenues & Volume Share, By Manufacturing Process, 2021 & 2031F |
3.8 Maldives Wind Turbine Composites Material Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Maldives Wind Turbine Composites Material Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for renewable energy sources in Maldives |
4.2.2 Government initiatives and policies promoting the adoption of wind energy |
4.2.3 Growing awareness about the environmental benefits of wind energy |
4.3 Market Restraints |
4.3.1 High initial investment costs associated with setting up wind turbine projects |
4.3.2 Lack of skilled labor for wind turbine installation and maintenance in Maldives |
4.3.3 Challenges related to the integration of wind energy into the existing power grid infrastructure |
5 Maldives Wind Turbine Composites Material Market Trends |
6 Maldives Wind Turbine Composites Material Market Segmentations |
6.1 Maldives Wind Turbine Composites Material Market, By Resin Type |
6.1.1 Overview and Analysis |
6.1.2 Maldives Wind Turbine Composites Material Market Revenues & Volume, By Epoxy, 2021-2031F |
6.1.3 Maldives Wind Turbine Composites Material Market Revenues & Volume, By Polyester, 2021-2031F |
6.1.4 Maldives Wind Turbine Composites Material Market Revenues & Volume, By Vinyl Ester, 2021-2031F |
6.2 Maldives Wind Turbine Composites Material Market, By Fiber Type |
6.2.1 Overview and Analysis |
6.2.2 Maldives Wind Turbine Composites Material Market Revenues & Volume, By Glass fiber, 2021-2031F |
6.2.3 Maldives Wind Turbine Composites Material Market Revenues & Volume, By Carbon fiber, 2021-2031F |
6.3 Maldives Wind Turbine Composites Material Market, By Manufacturing Process |
6.3.1 Overview and Analysis |
6.3.2 Maldives Wind Turbine Composites Material Market Revenues & Volume, By Vacuum Injection Molding, 2021-2031F |
6.3.3 Maldives Wind Turbine Composites Material Market Revenues & Volume, By Prepreg, 2021-2031F |
6.3.4 Maldives Wind Turbine Composites Material Market Revenues & Volume, By Hand Lay-Up, 2021-2031F |
6.4 Maldives Wind Turbine Composites Material Market, By Application |
6.4.1 Overview and Analysis |
6.4.2 Maldives Wind Turbine Composites Material Market Revenues & Volume, By Blades, 2021-2031F |
6.4.3 Maldives Wind Turbine Composites Material Market Revenues & Volume, By Nacelles, 2021-2031F |
6.4.4 Maldives Wind Turbine Composites Material Market Revenues & Volume, By Others (Towers and Hub), 2021-2031F |
7 Maldives Wind Turbine Composites Material Market Import-Export Trade Statistics |
7.1 Maldives Wind Turbine Composites Material Market Export to Major Countries |
7.2 Maldives Wind Turbine Composites Material Market Imports from Major Countries |
8 Maldives Wind Turbine Composites Material Market Key Performance Indicators |
8.1 Average wind speed in key locations in Maldives |
8.2 Number of wind turbine installations in the region |
8.3 Capacity utilization rate of wind turbines in Maldives |
9 Maldives Wind Turbine Composites Material Market - Opportunity Assessment |
9.1 Maldives Wind Turbine Composites Material Market Opportunity Assessment, By Resin Type, 2021 & 2031F |
9.2 Maldives Wind Turbine Composites Material Market Opportunity Assessment, By Fiber Type, 2021 & 2031F |
9.3 Maldives Wind Turbine Composites Material Market Opportunity Assessment, By Manufacturing Process, 2021 & 2031F |
9.4 Maldives Wind Turbine Composites Material Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Maldives Wind Turbine Composites Material Market - Competitive Landscape |
10.1 Maldives Wind Turbine Composites Material Market Revenue Share, By Companies, 2024 |
10.2 Maldives Wind Turbine Composites Material Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations | 13 Disclaimer |