Middle East & Africa Wind Turbine Composites Market

The Middle East & Africa wind turbine composites market was valued at US$ 103.44 million in 2022 and is expected to reach US$ 168.50 million by 2030; it is estimated to record a CAGR of 6.3% from 2022 to 2030.

Adoption of Natural Fiber Reinforced Polymer (NFRP) Composites Bolsters Middle East & Africa Wind Turbine Composites Market

A wind turbine consists of several parts such as a hub, gearbox, blades, nacelle, and tower, among which wind turbine blades and nacelle are generally composed of composite materials, including glass and carbon fibers. However, these kinds of fibers are often associated with a certain set of limitations, which include their availability, nonbiodegradability, harmful impact on health, and the fabrication cost involved. The use of natural fibers can overcome all these challenges. The growing environmental issues have shifted the attention of researchers and technologists to the use of natural biodegradable materials, which has bolstered the use of natural fiber-reinforced polymer (NFRP) composites in wind turbine manufacturing.

Natural fibers are defined as those substances which are made from plants, animals, and minerals with the help of geological processes. Natural fibers obtained from kenaf, bagasse, banana, sisal, flax, hemp, jute, abaca, and bamboo are easily available and need low processing costs. They can be spun together into filaments, threads, or ropes and can be knitted, woven, or matted.

The characteristic features of natural fibers might vary considerably according to their chemical composition and structure; fiber type; and fiber's growing conditions, harvesting time, manufacturing method, treatment, and storage processes. Such reinforced composites form a class of materials that exhibit superior mechanical features as well as potentially replace the conventional material systems in wind turbines.

The NFRP composites possess certain advantages as compared to synthetic fiber-reinforced composites. These benefits include low density, minimal cost, nonabrasive features, biodegradability, and renewable nature. Hence, the rising concern and awareness about the social and environmental impacts of conventional materials are resulting in the shift toward environment-friendly materials by manufacturers of composites, which is expected to fuel the Middle East & Africa wind turbine composites market growth during the forecast period.

Middle East & Africa Wind Turbine Composites Market Overview

The wind turbine composites market in the Middle East & Africa is segmented into Saudi Arabia, South Africa, the UAE, and the Rest of Middle East & Africa. South Africa is a prominent contributor to the market in the region. According to the Global Wind Energy Council, the country installed 515 MW of new wind power capacity in 2020. Senegal ranked second for new capacity established in 2020 by installing 103 MW of wind power capacity, followed by Morocco (92 MW), Jordan (52 MW), Iran (45 MW), and Egypt (13 MW). In 2020, Senegal inaugurated West Africa's first large-scale wind farm, which will supply nearly a sixth of the country's power requirements after reaching full capacity. With this wind farm, the country is expected to derive 30% of its energy from renewable sources. Saudi Arabia is also taking various initiatives to develop its renewable energy sector. This factor favors the growth of the wind turbine composites market in the Middle East & Africa.

Middle East & Africa Wind Turbine Composites Market Revenue and Forecast to 2030 (US$ Million)

Middle East & Africa Wind Turbine Composites Strategic Insights

Strategic insights for the Middle East & Africa Wind Turbine Composites provides data-driven analysis of the industry landscape, including current trends, key players, and regional nuances. These insights offer actionable recommendations, enabling readers to differentiate themselves from competitors by identifying untapped segments or developing unique value propositions. Leveraging data analytics, these insights help industry players anticipate the market shifts, whether investors, manufacturers, or other stakeholders. A future-oriented perspective is essential, helping stakeholders anticipate market shifts and position themselves for long-term success in this dynamic region. Ultimately, effective strategic insights empower readers to make informed decisions that drive profitability and achieve their business objectives within the market.

Middle East & Africa Wind Turbine Composites Report Scope

Middle East & Africa Wind Turbine Composites Regional Insights

The geographic scope of the Middle East & Africa Wind Turbine Composites refers to the specific areas in which a business operates and competes. Understanding local distinctions, such as diverse consumer preferences (e.g., demand for specific plug types or battery backup durations), varying economic conditions, and regulatory environments, is crucial for tailoring strategies to specific markets. Businesses can expand their reach by identifying underserved areas or adapting their offerings to meet local demands. A clear market focus allows for more effective resource allocation, targeted marketing campaigns, and better positioning against local competitors, ultimately driving growth in those targeted areas.

Middle East & Africa Wind Turbine Composites Market Segmentation

The Middle East & Africa wind turbine composites market is segmented based on fiber type, resin type, technology, application, and country.

Based on fiber type, the Middle East & Africa wind turbine composites market is segmented into carbon fiber composites, glass fiber composites, and others. The glass fiber composites segment held a larger share in 2022.

In terms of resin type, the Middle East & Africa wind turbine composites market is categorized into polyester, epoxy, polyurethane, vinyl ester, and others. The epoxy segment held the largest share in 2022.

Based on technology, the Middle East & Africa wind turbine composites market is segmented into resin infusion, prepreg, lay up, and others. The resin infusion segment held the largest share in 2022.

By application, the Middle East & Africa wind turbine composites market is bifurcated into blades and nacelles. The blades segment held a larger share in 2022.

Based on country, the Middle East & Africa wind turbine composites market is segmented into South Africa, Saudi Arabia, and the Rest of Middle East & Africa. The Rest of Middle East & Africa dominated the Middle East & Africa wind turbine composites market in 2022.

Avient Corp, Covestro AG, Gurit Holding AG, Hexcel Corp, Hexion Inc, SGL Carbon SE, and Toray Industries Inc are some of the leading companies operating in the Middle East & Africa wind turbine composites market.