Wind Power Coatings Market Size, Share, Revenue, Demand & Growth by 2033
The global wind power coatings market is estimated to expand 10.8% CAGR over the
forecast period between 2023 and 2033, finds Future Market Insights (FMI) in a recent
market analysis. Increasing focus on alternate sources of energy has led to surge in wind
turbine installation worldwide. This has in turn created conducive environment for sales of
wind power coatings.
The installation of wind turbines has risen in tandem with the demand for cleaner energy
sources. Application of wind power coatings is the essential step within wind turbine
manufacturing. Besides protecting such a large and costly structure, wind power coatings also
ascertain longer life span of wind turbines protecting them from corrosion, erosion, and wear
and tear.
However, application of wind power coatings require skilled labor and advance equipment.
Unavailability of the same could hamper growth of the market.
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Key Takeaways:

Global wind power coatings market value is expected to surpass US$ 4.08 billion by
the end of the forecast period.

The onshore coatings segment is expected to register maximum sales.

East Asia is expected to be the dominant region in terms of production and
consumption of wind power coatings.

Demand from Japan and China will support sales of wind power coatings in East
Asia.

Demand in the US will grow by 9.8% year-on-year in 2021 backed by surging focus
on expanding the renewable energy infrastructure.

The UK and Germany will emerge as highly lucrative market for sales of wind power
coatings within Europe.
“In order to gain competitive edge, the market players are eyeing at strategic collaboration.
Besides this, they are expanding their portfolio to include coatings with advanced features.
This is expected to aid the expansion of the market in the coming years,” says an FMI
analyst.
Competitive Landscape
Key manufacturers of wind power coatings Includes Hempel A/S, PPG Industries, Inc.,
Covestro AG, Akzo Nobel N.V., BASF, The Sherwin-Williams Company, Jotun Group,
Teknos Group Oy, 3M, Sika AG, Thomas Industrial Coatings, Mankiewicz Gebr. & Co.
(GmbH & Co. KG), Bergolin GmbH & Co. KG, Duromar, Inc. and others.
More Insights into the Wind Power Coatings Market Report
In its latest report, FMI offers an unbiased analysis of the global wind power coatings market,
providing historical data for the period of 2016-2020 and forecast statistics for the period of
2021-2031. In order to understand the global market potential, its growth, and scope, the
market is segmented on the basis of type, coating method, application, utilization, and Region
About the Chemicals and Materials Division at Future Market Insights (FMI)
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