Asia Pacific will continue to be the world’s largest market with far more new installations than any other region, installing 135 GW between 2012 and 2017. Asia Pacific wind energy market is dominated with standard utility-scale wind turbines (0.75 MW to 2 MW). These turbines fitted with three blades of 30 to 50 m (100-165 ft) in length. The wind energy industry is one of the fastest growing consumers of composite materials in the world. Composite Insights believes there is an enormous opportunity for raw materials used in the fabrication of composite blades in Asia Pacific Wind Energy Industry.
Following domestic demand growth for wind turbine blades, nacelle covers and nose cones, the demand for composite materials in the Asia Pacific Wind Energy industry is expect to cross 1000 million lbs in 2017 in terms of volume shipments.