Wind energy continues to dominate the renewable energy sector and has been the world's largest glass fiber market. Wind blade manufacturers are looking for ways to reduce the weight of large structures without sacrificing performance, and they are also using carbon fiber. Wind power blades remain a key market area for composite materials.
The global wind turbine composites market may be worth more than $ 12 billion by 2023 and is expected to grow at a compound annual growth rate of 9.6% by 2023.