The markets: Renewable energy (2015)

Composites World

Wind energy continues to dominate in this segment and remains, far and away, the world’s largest market for glass-fiber-reinforced composites.

Wind energy continues to dominate in this segment and remains, far and away, the world’s largest market for glass-fiber-reinforced composites. The 2014 edition of the Global Wind Energy Council’s (GWEC, Brussels, Belgium) Global Wind Energy Outlook reports that global wind power could reach 2,000 GW by 2030, and supply 17-19% of the world’s electricity. By 2050, wind power could provide 25-30% of global electricity. GWEC expected a dramatic increase in new global wind installations, reaching at least 47 GW in 2014, led by China but also a strong recovery in the US and record installations in Canada, Brazil, and South Africa.

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