According to a market report by Lucintel, the future of the global wind power coatings market looks promising with opportunities in the onshore and offshore markets. The global wind power coatings market is expected to reach an estimated $2.7 billion by 2030 from $1.5 billion in 2024, at a CAGR of 10.1% from 2024 to 2030. The major drivers for this market are increased adoption of wind and photovoltaic systems, strong emphasis on lowering maintenance costs, improving wind turbine efficiency and technological advancements, along with the rise in investments in research & development of wind power coatings.
A more than 150-page report to understand trends, opportunity and forecast in wind power coatings market to 2030 by type (polymer coatings, metal coatings, and ceramic coatings), technology (water-based, solvent-based, powder, and UV-cured), application (onshore, offshore, and others), and region (North America, Europe, Asia Pacific, and the Rest of the World).
Lucintel forecasts that, within the type category, metal coating segment will remain the largest segment over the forecast period because the manufacturers are expanding their manufacturing capacities in order to produce metal coatings to meet the growing corrosion problems in onshore and offshore applications.
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In terms of regions, APAC will remain the largest region over the forecast period due to increased spending in this market by nations like China, Japan, and India as well as the growing need for wind power coatings in developing nations.
Kinder Morgan, Hempel, Bergolin, BASF, PPG, DowDuPont, AkzoNobel, 3M, Mankiewicz, Jotun, Duromar are the major suppliers in the wind power coatings market.
This unique research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or write us at [email protected] To get access of more than 1000 reports at fraction of cost visit Lucintel's Analytics Dashboard.
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Contact:
Roy Almaguer
Lucintel
Dallas, Texas, USA
Email: [email protected]
Tel. +1-972-636-5056
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