Research and Markets: Growth Opportunities for Adhesives in Global Wind …

February 19, 2014 by  
Filed under Green Energy News

DUBLIN–(BUSINESS WIRE)–Research and Markets (
has announced the addition of the “Growth
Opportunities for Adhesives in Global Wind Energy Industry 2014-2019:
Trend, Forecast and Opportunity Analysis”
report to their

The growth of new wind turbine installations and increasing use of
modular wind blades is anticipated to drive the demand for adhesives in
the wind energy industry. APAC is anticipated to be the largest region
for adhesives demand in the wind energy industry during the forecast
period. Total worldwide adhesive consumption in the wind energy industry
witnessed significant decline in 2013 as a result of reduced wind
turbine installations in the US, India, and other countries. The
adhesive market is expected to recover during the next five years and
reach US $220 million by 2019 with a CAGR of 8.8% during 2014-2019.

The report analyses the adhesive consumption in the wind energy industry
for all four regions and analyses the risk factors and growth
opportunities. The market is segmented by region (APAC, Europe, NA, and
ROW) and by product chemical type (epoxy, polyurethane, and other

The wind energy industry has been growing and is expected to continue as
the world increasingly moves towards renewable energy. All the major
countries have set targets for generating a portion of their electricity
through renewable sources in which wind turbines are anticipated to play
a crucial role. Significant installation of wind turbines with
increasing prevalence of modular blades is likely to drive the
consumption of adhesive in the wind energy industry. APAC dominates the
consumption of adhesive in the wind energy industry due to huge
installations of wind turbines in China and India driven by supportive
government incentives, increasing clean energy demand, etc.

The author highlights key challenges faced by the adhesives in the
global wind energy industry. Inconsistency in government supports and
grid connectivity issues affect the growth of the wind energy industry,
which ultimately impact the adhesives market.

It is necessary to know the market dynamics and future opportunities to
make long-term strategic and financial decisions and compete in the
market. This report gives insights of the market trend (2008-2013) and
forecast period (2014-2019) which will help the interested companies to
make key decisions. The report includes market analysis by region and
product chemical type as well as by value and volume for the adhesives
in the wind energy industry.

For more information visit

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