According to a new report published by Reports Monitor titled, “Wind Turbine Blade Coating Market by Type and Application: Global Opportunity Analysis and Industry Forecast, 2017–2025,” the Wind Turbine Blade Coating Market is rapidly Growing from 2017 to 2025.
In past few years energy generation with wind turbine has provided great alternative over fossil fuels. Wind turbines are placed on land away from city and onshore sites. As they are subjected to intense environmental conditions corrosion of the blades occurs. This necessitates coating of blades that prevents from erosion and pitting problems. Various type of coating such as metal, ceramic or polymer coating can be applied to wind turbine blades that can reduce maintenance and repair cost as well as will increase productivity.
Wind energy being sustainable power source there is increased installation of wind turbine driving Wind Turbine Blade Coating Market. Promising rise in adoption of wind and photovoltaic system leads the market to grow further. However, manufacturing cost of coatings may act as deterrent which can restrict the growth of wind turbine blade coating market. Asia-Pacific market in wind turbine blade coating is influenced by various factors including rising implementation of wind turbines to generate energy and government support by funding investments for bigger projects. Growth in China and India is driven by large number of wind farms and increased expenditure in wind power sector respectively.
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The global wind turbine blade coatings market has been segmented majorly on the basis of product type, application and region. On the basis of product type the market is segmented as polymer coating, ceramic coating and metal coating. By application the market is segmented as offshore and onshore.
The major players in wind turbine blade coating market are Hempel, Ppg, Akzonobel, Basf, Jotun, Mankiewicz, Dupont, Bergolin, Duromar, 3M, Teknos Group and. Aeolus Coatings. Manufacturers have been adopting various strategies to sustain and maintain their market positions.
Expansion is the primary strategy adopted by prominent players in the market, followed by acquisition. For instance, in December 2016, AkzoNobel completed acquisition of BASF’s global Industrial Coatings business to strength its position as the global number one supplier in coating market
In May 2015, International coatings supplier Hempel launched two coat system that is combined primer and mid-coat designed specifically for wind towers. The new coating, HEMPADUR 4774D, is Hempel’s two coat system that dries up to 30% faster than equivalent three coat system. It helps eliminate production bottlenecks, increase throughput and reduce drying hall costs.
In-depth table of contents for this report @ http://bit.ly/2HjVf2N
The study for Wind Turbine Blade Coating Market will provide market size, estimates and forecast based on the following years:
Historic data: 2015
Base Year Estimate: 2016
Forecast: 2017 to 2025
The report has been categorized in two distinctive sections, where the first category titled as Market Overview provides a holistic view of the market, key trends, drivers, challenges/restraints or opportunities with their current and expected impact on the overall industry sales.
Our analyst implement several qualitative tools such as Ansoff’s Matrix, PESTEL analysis, Porter’s five force analysis among other to interpret and represent key industry findings.
The second section of the study provides market size, estimates and forecast for key market segments and regional market. The final part of the report highlights key manufacturers/vendors operating in the associated market.
1.1 Market Definition
1.2. Market Scope
2.1. Primary Research
2.2. Secondary Sources
2.3. Assumptions & Exclusions
3.1. Research Report Segmentation & Scope
3.2. Key Market Trend Analysis
3.2.1. Market Drivers
3.2.2. Market Restraint/Challenges
3.2.3. Market Opportunities
3.3. Porter’s Five Forces Analysis
3.4. Potential Venture Avenues
3.5. Market Share Analysis, 2016
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