The wind turbine composites market, soaring on the wings of the renewable energy revolution. This fertile ground sees a diverse range of players vying for dominance, employing various strategies to secure their slice of the pie.
Strategies Shaping the Landscape:
Factors for Market Share Prowess:
Key Companies in the wind turbine composites market include
Suzlon Energy Limited
Hexcel Corporation
Owens Coming
Toray Industries
Huntsman Corporation
Teiiin Limited
TPI Composites inc
Vestas Wind Systems A/S
Recent Developments:
August 2023: Hexcel Corporation announces plans to expand its carbon fiber production capacity by 20%, anticipating a surge in demand from the wind turbine industry.
September 2023: The US Department of Energy awards grants to several companies, including Owens Corning, to research and develop next-generation wind turbine blade materials.
November 2023: Covestro AG introduces a new bio-based hardener for epoxy resins, paving the way for even more sustainable composite solutions.
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