Mexico Wind Turbine Composites Market Size & Outlook
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Mexico wind turbine composites market highlights
- The Mexico wind turbine composites market generated a revenue of USD 194.4 million in 2024 and is expected to reach USD 365.6 million by 2030.
- The Mexico market is expected to grow at a CAGR of 11.1% from 2025 to 2030.
- In terms of segment, glass fiber was the largest revenue generating fiber type in 2024.
- Carbon Fiber is the most lucrative fiber type segment registering the fastest growth during the forecast period.
Wind turbine composites market data book summary
| Market revenue in 2024 | USD 194.4 million |
| Market revenue in 2030 | USD 365.6 million |
| Growth rate | 11.1% (CAGR from 2025 to 2030) |
| Largest segment | Glass fiber |
| Fastest growing segment | Carbon Fiber |
| Historical data | 2018 - 2023 |
| Base year | 2024 |
| Forecast period | 2025 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Glass Fiber, Carbon Fiber |
Other key industry trends
- In terms of revenue, Mexico accounted for 1.4% of the global wind turbine composites market in 2024.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In North America, U.S. wind turbine composites market is projected to lead the regional market in terms of revenue in 2030.
- Mexico is the fastest growing regional market in North America and is projected to reach USD 365.6 million by 2030.
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Wind Turbine Composites Market Scope
Wind Turbine Composites Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| Hexcel Corporation | View profile | 10001+ | Stamford, Connecticut, United States, North America | http://hexcel.com |
| Vestas | View profile | 10001+ | Aarhus, Midtjylland, Denmark, Europe | http://www.vestas.com |
| Siemens Gamesa Renewable Energy | View profile | 10001+ | Zamudio, Pais Vasco, Spain, Europe | https://www.siemensgamesa.com/en-int |
| LM Wind Power | View profile | 5001-10000 | Kolding, Syddanmark, Denmark, Europe | http://www.lmwindpower.com/ |
| Owens Corning | View profile | 10001+ | Toledo, Ohio, United States, North America | http://www.owenscorning.com/ |
| Suzlon Energy | View profile | 10001+ | Pune, Maharashtra, India, Asia | http://suzlon.com/ |
| TPI Composites Inc | View profile | 12300 | 9200 East Pima Center Parkway, Suite 250, Scottsdale, AZ, United States, 85258 | https://www.tpicomposites.com |
| Gurit | View profile | 5001-10000 | Zürich, Zurich, Switzerland, Europe | http://www.gurit.com/ |
| Teijin Ltd | View profile | 24499 | 6-7, Minami Hommachi 1-chome, Chuo-ku, Osaka, Japan, 541-8587 | http://www.teijin.co.jp |
| Toray Industries Inc | View profile | 48682 | Nihonbashi Mitsui Tower 2-1-1, Nihonbashi Muromach, Chuo-ku, Tokyo, Japan, 103-8666 | http://www.toray.co.jp |
Mexico wind turbine composites market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to wind turbine composites market will help companies and investors design strategic landscapes.
Glass fiber was the largest segment with a revenue share of 80.2% in 2024. Horizon Databook has segmented the Mexico wind turbine composites market based on glass fiber, carbon fiber covering the revenue growth of each sub-segment from 2018 to 2030.
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Our clientele includes a mix of wind turbine composites market companies, investment firms, advisory firms & academic institutions.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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Horizon Databook provides a detailed overview of country-level data and insights on the Mexico wind turbine composites market , including forecasts for subscribers. This country databook contains high-level insights into Mexico wind turbine composites market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
Partial client list
Mexico wind turbine composites market size, by fiber type, 2018-2030 (US$M)
Mexico Wind Turbine Composites Market Outlook Share, 2024 & 2030 (US$M)
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