WEST HARTFORD, Conn., April 16, 2014 /PRNewswire-iReach/ -- Global Information Inc. announces the addition of a new market research report "Growth Opportunities for Adhesives in Global Wind Energy Industry 2014-2019: Trend, Forecast, and Opportunity Analysis, January 2014" at GIIResearch.com
The growth of new wind turbine installations and increasing use of modular wind blades is anticipated to drive the demand for adhesives in wind energy industry. Lucintel anticipates APAC to be the largest region for adhesives demand in wind energy industry during forecast period. Total worldwide adhesive consumption in 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 next five years and reach US $220 million by 2019 with a CAGR of 8.8% during 2014-2019.
Lucintel, a leading global management consulting and market research firm, has conducted a detailed analysis on this market and presents its findings in "Growth Opportunities for Adhesives in Global Wind Energy Industry 2014-2019: Trend, Forecast, and Opportunity Analysis." The report analyses the adhesive consumption in wind energy industry for all the 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 adhesives).
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 wind energy industry. APAC dominates the consumption of adhesive in wind energy industry due to huge installations of wind turbines in China and India driven by supportive government incentives, increasing clean energy demand etc.
Table of Contents
- Executive Summary
- Industry Background and Classifications
- Market Trend and Forecast Analysis
- Competitor Analysis
- Growth Opportunity & Strategic Analysis
- Emerging Innovations for Adhesives in Wind Energy Industry
- Company Profiles of Leading Players
- Customer Analysis
- Voice of Market
List of Figures and Tables
More detailed information is available at
Media Contact: Joe Malley, Global Information, Inc., 860-674-8796, USfirstname.lastname@example.org
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SOURCE Global Information, Inc.