Recycling of Wind Turbine Blade, Global Market Size Forecast, Top 10 Players Rank and Market Share (Internet Services - Other Internet Services)

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Recycling of Wind Turbine Blade, Global Market Size Forecast, Top 10 Players Rank and Market Share


According to the new market research report “Global Recycling of Wind Turbine Blade Market Report 2023-2029”, published by QYResearch, the global Recycling of Wind Turbine Blade market size is projected to reach USD 261.2 million by 2029, at a CAGR of 47.3% during the forecast period.

Market Drivers:
1. Retirement trend of wind turbines: The operating life of wind turbines is 20 years, and most motors are replaced after 15-25 years of service. The replacement capacity is large, the market scale is huge, and the development prospects of recycling projects are promising.
2. Environmental protection requirements: After wind turbine blades are discarded, a large amount of solid waste will be generated. The increasing awareness of environmental protection has driven the demand for wind turbine blade recycling.

Restraints:
1. Difficulty in technology and high cost: As a large composite material, wind turbine blades face difficulties in recycling technology and high recycling costs.Currently, in addition to incineration and landfill, domestic and international efforts are still exploring ideal recycling methods that can be scaled up.
2. Lack of active participation of stakeholders: The wind turbine blade recycling market lacks the participation of relevant wind power manufacturers, wind power investors, etc., and lacks sustained investment and support, thereby limiting the driving force of market development.

For more information, please contact the following e-mail address:
Email: global@qyresearch.com
QYResearch founded in California, USA in 2007.It is a leading global market research and consulting company. With over 16 years’ experience and professional research team in various cities over the world QY Research focuses on management consulting, database and seminar services, IPO consulting, industry chain research and customized research to help our clients in providing non-linear revenue model and make them successful. We are globally recognized for our expansive portfolio of services, good corporate citizenship, and our strong commitment to sustainability. Up to now, we have cooperated with more than 60,000 clients across five continents. Let’s work closely with you and build a bold and better future.



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Last Update : 22 March 2024 3:22 AM
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