Material segments performance in the global wind turbine rotor blade market

The global wind turbine rotor blade market is expected to grow at a CAGR of 4.45% during the forecast period. Based on the material, the global wind turbine rotor blade market has been segmented into glass fiber, carbon fiber, and others.

Glass fiber is one of the most versatile materials used in the manufacturing of wind turbine rotor blades. Glass fiber can be molded into complex shapes, which enables blade manufacturers to solve numerous problems pertaining to blade design. Glass fiber can be manufactured in large and bulk quantities using a very small amount of glass. Hence, glass fiber is a less expensive material to use than other widely used composite materials, such as carbon fiber. In addition, the physical and chemical properties of glass can be altered based on the requirement by incorporating several minerals and additives.

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Glass fiber does not corrode as metals do. Therefore, glass fiber requires low maintenance, which makes it a cost-effective solution. These characteristics of glass fiber are highly advantageous for wind turbines as they are exposed to harsh weather conditions, both onshore and offshore. Such factors are driving the adoption of glass fiber composite blades in onshore and offshore wind turbines. This, in turn, will drive the glass fiber segment of the global wind turbine rotor blade market during the forecast period.