Global Wind Turbine Rotor Blade Market will reach $14.6 Billion
The blade size of 38 ? 50 meter length has the largest market with global market share of 55% during 2010 and will grow to 62% in 2016. Glass fiber composites are the predominantly used materials in modern blades and approximately 0.15 million metric tons of glass fiber was utilized in blade manufacturing during 2010. Carbon fiber is upcoming material usually used in blades sizing more than 45 meters. In 2010, estimated 8,160 metric tons of carbon fiber was used for blade manufacturing; which will increase to as much as 2 million metric tons in 2016 with growth rate of 22.9% CAGR during 2011 ? 2016.
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