| Product Code: ETC5713739 | Publication Date: Nov 2023 | Updated Date: Sep 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Sumit Sagar | No. of Pages: 60 | No. of Figures: 30 | No. of Tables: 5 |
Composites materials play a crucial role in the manufacturing of wind turbine components due to their lightweight, high strength, and corrosion resistance properties. In New Zealand, the wind turbine composites material market caters to the demand for composite materials such as fiberglass, carbon fiber, and epoxy resins used in rotor blades, nacelles, and other structural components. With the expansion of wind energy projects and the need for larger, more efficient turbines, the demand for advanced composite materials is expected to increase, presenting opportunities for manufacturers, suppliers, and technology providers in the New Zealand market.
The demand for lightweight and durable materials for wind turbine blades is driving the growth of the composites material market in New Zealand. Composites offer superior strength-to-weight ratio and corrosion resistance, making them ideal for wind energy applications.
The challenge lies in ensuring the durability and reliability of composite materials used in wind turbine manufacturing. Maintaining high standards of quality control and performance amidst varying environmental conditions is crucial.
In New Zealand, the Wind Turbine Composites Material market is witnessing growth owing to the increasing adoption of composites in wind turbine manufacturing. Government policies promoting renewable energy and sustainability favor market expansion. Material suppliers are focusing on developing lightweight and durable composites for turbine applications.
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 New Zealand Wind Turbine Composites Material Market Overview |
3.1 New Zealand Country Macro Economic Indicators |
3.2 New Zealand Wind Turbine Composites Material Market Revenues & Volume, 2021 & 2031F |
3.3 New Zealand Wind Turbine Composites Material Market - Industry Life Cycle |
3.4 New Zealand Wind Turbine Composites Material Market - Porter's Five Forces |
3.5 New Zealand Wind Turbine Composites Material Market Revenues & Volume Share, By Resin Type, 2021 & 2031F |
3.6 New Zealand Wind Turbine Composites Material Market Revenues & Volume Share, By Fiber Type, 2021 & 2031F |
3.7 New Zealand Wind Turbine Composites Material Market Revenues & Volume Share, By Manufacturing Process, 2021 & 2031F |
3.8 New Zealand Wind Turbine Composites Material Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 New Zealand Wind Turbine Composites Material Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing focus on renewable energy sources in New Zealand |
4.2.2 Government initiatives and subsidies promoting wind energy projects |
4.2.3 Growing awareness about environmental sustainability and carbon footprint reduction |
4.3 Market Restraints |
4.3.1 High initial investment cost for wind turbine composites materials |
4.3.2 Dependence on weather conditions for wind energy generation |
4.3.3 Limited availability of skilled labor for installation and maintenance of wind turbines |
5 New Zealand Wind Turbine Composites Material Market Trends |
6 New Zealand Wind Turbine Composites Material Market Segmentations |
6.1 New Zealand Wind Turbine Composites Material Market, By Resin Type |
6.1.1 Overview and Analysis |
6.1.2 New Zealand Wind Turbine Composites Material Market Revenues & Volume, By Epoxy, 2021-2031F |
6.1.3 New Zealand Wind Turbine Composites Material Market Revenues & Volume, By Polyester, 2021-2031F |
6.1.4 New Zealand Wind Turbine Composites Material Market Revenues & Volume, By Vinyl Ester, 2021-2031F |
6.2 New Zealand Wind Turbine Composites Material Market, By Fiber Type |
6.2.1 Overview and Analysis |
6.2.2 New Zealand Wind Turbine Composites Material Market Revenues & Volume, By Glass fiber, 2021-2031F |
6.2.3 New Zealand Wind Turbine Composites Material Market Revenues & Volume, By Carbon fiber, 2021-2031F |
6.3 New Zealand Wind Turbine Composites Material Market, By Manufacturing Process |
6.3.1 Overview and Analysis |
6.3.2 New Zealand Wind Turbine Composites Material Market Revenues & Volume, By Vacuum Injection Molding, 2021-2031F |
6.3.3 New Zealand Wind Turbine Composites Material Market Revenues & Volume, By Prepreg, 2021-2031F |
6.3.4 New Zealand Wind Turbine Composites Material Market Revenues & Volume, By Hand Lay-Up, 2021-2031F |
6.4 New Zealand Wind Turbine Composites Material Market, By Application |
6.4.1 Overview and Analysis |
6.4.2 New Zealand Wind Turbine Composites Material Market Revenues & Volume, By Blades, 2021-2031F |
6.4.3 New Zealand Wind Turbine Composites Material Market Revenues & Volume, By Nacelles, 2021-2031F |
6.4.4 New Zealand Wind Turbine Composites Material Market Revenues & Volume, By Others (Towers and Hub), 2021-2031F |
7 New Zealand Wind Turbine Composites Material Market Import-Export Trade Statistics |
7.1 New Zealand Wind Turbine Composites Material Market Export to Major Countries |
7.2 New Zealand Wind Turbine Composites Material Market Imports from Major Countries |
8 New Zealand Wind Turbine Composites Material Market Key Performance Indicators |
8.1 Percentage increase in installed wind turbine capacity using composites materials |
8.2 Number of new wind energy projects incorporating composite materials |
8.3 Average efficiency improvement of wind turbines using composites materials |
9 New Zealand Wind Turbine Composites Material Market - Opportunity Assessment |
9.1 New Zealand Wind Turbine Composites Material Market Opportunity Assessment, By Resin Type, 2021 & 2031F |
9.2 New Zealand Wind Turbine Composites Material Market Opportunity Assessment, By Fiber Type, 2021 & 2031F |
9.3 New Zealand Wind Turbine Composites Material Market Opportunity Assessment, By Manufacturing Process, 2021 & 2031F |
9.4 New Zealand Wind Turbine Composites Material Market Opportunity Assessment, By Application, 2021 & 2031F |
10 New Zealand Wind Turbine Composites Material Market - Competitive Landscape |
10.1 New Zealand Wind Turbine Composites Material Market Revenue Share, By Companies, 2024 |
10.2 New Zealand Wind Turbine Composites Material Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations | 13 Disclaimer |