| Product Code: ETC4501202 | Publication Date: Jul 2023 | Updated Date: Nov 2025 | Product Type: Report | |
| Publisher: 6Wresearch | Author: Sachin Kumar Rai | No. of Pages: 85 | No. of Figures: 45 | No. of Tables: 25 |
The United States saw a significant increase in wind turbine composites material import shipments in 2024, with top exporting countries including El Salvador, Mexico, Canada, Japan, and China. The market remained competitive with low concentration indicated by the HHI. The industry exhibited strong growth with a compound annual growth rate (CAGR) of 9.98% from 2020 to 2024, and a notable growth rate of 15.75% from 2023 to 2024. These trends highlight the continued importance and expansion of the wind energy sector in the US, driven by imports of key composite materials.

The United States Wind Turbine Composites Material Market is witnessing substantial growth driven by the increasing demand for renewable energy sources. Composite materials such as fiberglass, carbon fiber, and epoxy resins are widely used in the manufacturing of wind turbine components due to their lightweight, high strength, and corrosion resistance properties. The market is further fueled by government initiatives promoting clean energy and reducing carbon emissions. Key players in the US market include companies like TPI Composites, LM Wind Power, and Toray Industries, among others. The trend towards larger and more efficient wind turbines is expected to drive the demand for advanced composite materials in the coming years, making the US Wind Turbine Composites Material Market a promising sector for growth and innovation.
The US Wind Turbine Composites Material Market is experiencing growth due to increasing demand for renewable energy sources and government initiatives promoting clean energy. The trend towards larger and more efficient wind turbines is driving the need for advanced composite materials that offer higher strength-to-weight ratios, durability, and corrosion resistance. Opportunities lie in the development of innovative composite materials that can improve turbine performance and reduce maintenance costs. Additionally, the shift towards offshore wind farms presents a significant growth opportunity for the market, as composites are well-suited for the harsh marine environment. As the US continues to invest in renewable energy infrastructure, the Wind Turbine Composites Material Market is poised for further expansion and technological advancements.
In the US Wind Turbine Composites Material Market, challenges include the high initial costs associated with developing and implementing composite materials for wind turbine components, such as blades and nacelles. Additionally, ensuring the durability and reliability of these materials over the long term, especially in harsh environmental conditions, presents a significant challenge. Supply chain disruptions, fluctuating raw material prices, and competition from traditional materials like steel also impact the market. Furthermore, the need for continuous innovation to improve the performance and efficiency of wind turbine composites while maintaining cost-effectiveness adds complexity. Regulatory hurdles, such as compliance with environmental standards and safety regulations, further contribute to the challenges faced by players in the US wind turbine composites material market.
The United States Wind Turbine Composites Material Market is primarily driven by the increasing demand for clean and renewable sources of energy to reduce carbon emissions and combat climate change. Government initiatives and regulations promoting the use of wind energy, along with incentives such as tax credits, have spurred the growth of the wind energy sector. Additionally, advancements in composite materials technology have led to the development of lightweight, durable, and cost-effective materials for wind turbine components, driving the adoption of composites in the industry. The growing focus on enhancing energy efficiency, reducing maintenance costs, and improving the overall performance of wind turbines further contributes to the market growth of wind turbine composites materials in the US.
The US government has implemented various policies to support the growth of the Wind Turbine Composites Material Market. These policies include the Production Tax Credit (PTC) and Investment Tax Credit (ITC) which provide financial incentives for wind energy projects using composite materials. Additionally, the Department of Energy (DOE) has been funding research and development initiatives to improve the efficiency and durability of composite materials used in wind turbines. The Federal Aviation Administration (FAA) also regulates the use of composite materials in wind turbine blades to ensure safety standards are met. Overall, these policies aim to drive innovation, increase renewable energy production, and reduce carbon emissions in the US wind energy sector.
The future outlook for the United States Wind Turbine Composites Material Market appears promising, driven by increasing investments in renewable energy projects and the growing emphasis on reducing carbon emissions. The demand for wind turbine composites materials is expected to rise as the wind energy sector continues to expand across the country. Factors such as technological advancements in composite materials, government incentives for renewable energy development, and the push towards achieving sustainability goals will further propel the market growth. Additionally, the focus on improving the efficiency and durability of wind turbine components will drive the adoption of advanced composite materials in the sector, creating lucrative opportunities for market players in the coming years.
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 United States (US) Wind Turbine Composites Material Market Overview |
3.1 United States (US) Country Macro Economic Indicators |
3.2 United States (US) Wind Turbine Composites Material Market Revenues & Volume, 2021 & 2031F |
3.3 United States (US) Wind Turbine Composites Material Market - Industry Life Cycle |
3.4 United States (US) Wind Turbine Composites Material Market - Porter's Five Forces |
3.5 United States (US) Wind Turbine Composites Material Market Revenues & Volume Share, By Resin Type, 2021 & 2031F |
3.6 United States (US) Wind Turbine Composites Material Market Revenues & Volume Share, By Fiber Type, 2021 & 2031F |
3.7 United States (US) Wind Turbine Composites Material Market Revenues & Volume Share, By Manufacturing Process, 2021 & 2031F |
3.8 United States (US) Wind Turbine Composites Material Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 United States (US) Wind Turbine Composites Material Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing government initiatives promoting renewable energy sources |
4.2.2 Growing demand for clean energy solutions |
4.2.3 Technological advancements in wind turbine composites materials |
4.3 Market Restraints |
4.3.1 High initial investment costs |
4.3.2 Intense competition in the wind energy sector |
4.3.3 Challenges in recycling and disposing of composite materials |
5 United States (US) Wind Turbine Composites Material Market Trends |
6 United States (US) Wind Turbine Composites Material Market, By Types |
6.1 United States (US) Wind Turbine Composites Material Market, By Resin Type |
6.1.1 Overview and Analysis |
6.1.2 United States (US) Wind Turbine Composites Material Market Revenues & Volume, By Resin Type, 2021 - 2031F |
6.1.3 United States (US) Wind Turbine Composites Material Market Revenues & Volume, By Epoxy, 2021 - 2031F |
6.1.4 United States (US) Wind Turbine Composites Material Market Revenues & Volume, By Polyester, 2021 - 2031F |
6.1.5 United States (US) Wind Turbine Composites Material Market Revenues & Volume, By Vinyl Ester, 2021 - 2031F |
6.2 United States (US) Wind Turbine Composites Material Market, By Fiber Type |
6.2.1 Overview and Analysis |
6.2.2 United States (US) Wind Turbine Composites Material Market Revenues & Volume, By Glass fiber, 2021 - 2031F |
6.2.3 United States (US) Wind Turbine Composites Material Market Revenues & Volume, By Carbon fiber, 2021 - 2031F |
6.3 United States (US) Wind Turbine Composites Material Market, By Manufacturing Process |
6.3.1 Overview and Analysis |
6.3.2 United States (US) Wind Turbine Composites Material Market Revenues & Volume, By Vacuum Injection Molding, 2021 - 2031F |
6.3.3 United States (US) Wind Turbine Composites Material Market Revenues & Volume, By Prepreg, 2021 - 2031F |
6.3.4 United States (US) Wind Turbine Composites Material Market Revenues & Volume, By Hand Lay-Up, 2021 - 2031F |
6.4 United States (US) Wind Turbine Composites Material Market, By Application |
6.4.1 Overview and Analysis |
6.4.2 United States (US) Wind Turbine Composites Material Market Revenues & Volume, By Blades, 2021 - 2031F |
6.4.3 United States (US) Wind Turbine Composites Material Market Revenues & Volume, By Nacelles, 2021 - 2031F |
6.4.4 United States (US) Wind Turbine Composites Material Market Revenues & Volume, By Others (Towers and Hub), 2021 - 2031F |
7 United States (US) Wind Turbine Composites Material Market Import-Export Trade Statistics |
7.1 United States (US) Wind Turbine Composites Material Market Export to Major Countries |
7.2 United States (US) Wind Turbine Composites Material Market Imports from Major Countries |
8 United States (US) Wind Turbine Composites Material Market Key Performance Indicators |
8.1 Percentage of electricity generated from wind energy in the US |
8.2 Number of new wind turbine installations using composite materials |
8.3 Research and development expenditure in wind turbine composites technologies |
9 United States (US) Wind Turbine Composites Material Market - Opportunity Assessment |
9.1 United States (US) Wind Turbine Composites Material Market Opportunity Assessment, By Resin Type, 2021 & 2031F |
9.2 United States (US) Wind Turbine Composites Material Market Opportunity Assessment, By Fiber Type, 2021 & 2031F |
9.3 United States (US) Wind Turbine Composites Material Market Opportunity Assessment, By Manufacturing Process, 2021 & 2031F |
9.4 United States (US) Wind Turbine Composites Material Market Opportunity Assessment, By Application, 2021 & 2031F |
10 United States (US) Wind Turbine Composites Material Market - Competitive Landscape |
10.1 United States (US) Wind Turbine Composites Material Market Revenue Share, By Companies, 2024 |
10.2 United States (US) Wind Turbine Composites Material Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |