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The global wind power coatings market was valued at US$ 1.09 Billion by 2021-end.

In addition, the rising construction of wind power plants and the increasing concerns of corrosion in onshore & offshore applications are anticipated to boost the market demand during the analysis period. Moreover, the growing demand for wind power is expected to fuel the growth of the Wind Power Coatings Market during the forecast period. The erosion and corrosion of wind towers & blades and harsh environmental conditions encountered at sea & on land are expected to drive the wind power coatings market. They can also improve aerodynamics and reduce maintenance costs.ĭifferent types of coatings are available, including polyurethane, epoxy, and silicone, each with its unique benefits and limitations.

These coatings are designed to protect the blades from weathering, erosion, and other environmental factors that can cause damage. Wind blade protective coatings are essential for ensuring the longevity and performance of wind turbines. With the robust rise in the number of turbines across the globe demand for wind power coatings are expected to grow in tandem with an increasing focus on the maintenance of wind turbines.ĭownload a S ample to O btain A dditional H ighlights and K ey P oints on V arious M arket S egments and Their Impact in the Coming Years! This new installation rate is expected to grow and around 112.2 GW capacity is expected to be installed by 2025.

According to GWEC, about 60.8 GW capacity of wind power was installed across the globe in 2019 which expanded to around 93 GW in 2020. Rising environmental concerns associated with conventional power production methods are accelerating the demand for clean energy. Installation of wind power plants is growing at a significant pace. With the rising demand for energy owing to rapid urbanization and industrialization across the globe, coupled with surging environmental concerns associated with conventional methods of energy generation. The overall demand for wind power coatings is projected to grow at a CAGR of 10.1% between 20, totaling around US$ 3.14 Billion by 2032. The global wind power coatings market is expected to be valued at US$ 1.2 Billion in 2022.