The Global Wind Power Resin Market was valued at US$ 4.56 Billion in 2023 and is projected to reach US$ 6.34 Billion by 2030, growing at a Compound Annual Growth Rate (CAGR) of 5.8% during the forecast period (2024–2030). The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes. This robust growth is primarily driven by the global acceleration in wind energy installations, advancements in blade manufacturing technologies, and the increasing demand for high-performance, durable resin systems.

As the wind energy sector expands both onshore and offshore, the critical role of advanced composite materials becomes increasingly apparent. Resins are the backbone of wind turbine blades, providing the structural integrity, weight reduction, and longevity required for efficient power generation. In this blog, we profile the Top 10 Companies in the Wind Power Resin Industry—a mix of global chemical giants, specialized composite material suppliers, and innovative market entrants shaping the future of sustainable energy infrastructure.

The USA market for Global Wind Power Resin market is estimated to increase from USD million in 2022 to reach USD million by 2030, at a CAGR during the forecast period of 2023 through 2030.

The China market for Global Wind Power Resin market is estimated to increase from USD million in 2022 to reach USD million by 2030, at a CAGR during the forecast period of 2023 through 2030.

The Europe market for Global Wind Power Resin market is estimated to increase from USD million in 2022 to reach USD million by 2030, at a CAGR during the forecast period of 2023 through 2030.

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🔟 1. Hexion Inc. (Westlake Epoxy)

Headquarters: Columbus, Ohio, USA
Key Offering: Epoxy Resin Systems for Wind Blades

Hexion Inc., operating through its Westlake Epoxy division, is a leading global supplier of specialty thermoset resins. The company is a cornerstone of the wind energy sector, providing high-performance epoxy formulations specifically engineered for the vacuum infusion and lamination processes used in manufacturing large-scale wind turbine blades. Their products offer superior mechanical properties, excellent fatigue resistance, and optimized processing times, which are critical for producing longer, more efficient blades.

Innovation & Sustainability Focus:

• Development of next-generation epoxy systems for longer, lighter blades

• Investment in bio-based and recyclable resin technologies

• Strategic partnerships with major wind turbine OEMs worldwide

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9️⃣ 2. Olin Corporation

Headquarters: Clayton, Missouri, USA
Key Offering: Epoxy Resins and Curing Agents

Olin Corporation is a major integrated manufacturer of epoxy materials, supplying essential components for the wind energy value chain. Their comprehensive portfolio includes a wide range of liquid and solid epoxy resins, along with specialized hardeners, tailored for composite applications. Olin’s materials are known for their reliability and performance, contributing to the structural durability of wind blades operating in harsh environmental conditions.

Innovation & Sustainability Focus:

• Focus on enhancing the durability and lifecycle of wind blade composites

• Commitment to sustainable manufacturing processes and supply chain optimization

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8️⃣ 3. Huntsman Corporation

Headquarters: The Woodlands, Texas, USA
Key Offering: Aradur® and Araldite® Epoxy Systems

Huntsman Corporation’s Advanced Materials division is a key player in the wind power resin market, offering the renowned Araldite® epoxy resins and Aradur® curing agents. These high-performance systems are designed to meet the demanding requirements of wind turbine blade fabrication, offering excellent mechanical strength, adhesion, and resistance to micro-cracking. Huntsman works closely with blade manufacturers to develop customized solutions that improve production efficiency and blade performance.

Innovation & Sustainability Focus:

• R&D in low-temperature curing systems to reduce energy consumption during manufacturing

• Initiatives for end-of-life blade recycling and circular economy solutions

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Wind Power Resin Market – View in Detailed Research Report

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7️⃣ 4. BASF SE

Headquarters: Ludwigshafen, Germany
Key Offering: Epoxy Resins, Polyurethanes for Composites

As one of the world’s largest chemical companies, BASF offers a diverse portfolio of materials for the wind energy industry. Their expertise spans epoxy resins for primary blade structures as well as polyurethane systems for specific components. BASF’s global presence and strong technical support network enable them to serve wind blade producers across all major markets, contributing to the development of more efficient and reliable turbines.

Innovation & Sustainability Focus:

• Development of “Elastocoat” coating systems for blade protection

• Active participation in projects focused on sustainable composite material lifecycles

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6️⃣ 5. Gurit Holding AG

Headquarters: Wattwil, Switzerland
Key Offering: Specialist Composite Materials, Epoxy & Polyester Resins

Gurit is a globally recognized specialist in composite materials, with a strong foothold in the wind energy sector. The company provides a comprehensive suite of products, including epoxy and polyester infusion resins, adhesives, core materials, and structural engineering services. Gurit’s integrated approach supports wind turbine manufacturers in optimizing blade design, weight, and manufacturing processes for both onshore and offshore applications.

Innovation & Sustainability Focus:

• Pioneering research in resin systems for ultra-long offshore wind blades

• Dedicated sustainability program targeting reduced carbon footprint in material production

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5️⃣ 6. Dow Inc.

Headquarters: Midland, Michigan, USA
Key Offering: DERAKANE™ Epoxy Vinyl Ester Resins

Dow is a leading materials science company whose products play a vital role in renewable energy infrastructure. Their DERAKANE™ epoxy vinyl ester resins are renowned for their exceptional corrosion resistance and mechanical toughness, making them suitable for specific components within wind energy systems, including nacelles and blade root sections. Dow’s global scale ensures a reliable supply chain for major wind project developments.

Innovation & Sustainability Focus:

• Investment in bio-derived and circular feedstock options for resin production

• Collaborations aimed at improving the recyclability of thermoset composites

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4️⃣ 7. DSM (Now Part of Covestro)

Headquarters: Heerlen, Netherlands (Materials Business Acquired by Covestro)
Key Offering: Advanced Composite Resins (formerly DSM Resins)

The former DSM resin business, now integrated into Covestro, brought a legacy of innovation in high-performance thermoset resins for the wind industry. Their product lines included specialized epoxy and unsaturated polyester resins formulated for the vacuum infusion and prepreg processes critical to modern blade manufacturing. The combined expertise of DSM and Covestro is focused on pushing the boundaries of material performance.

Innovation & Sustainability Focus:

• Historical leadership in developing resins for lighter and stronger composite structures

• Integration into Covestro’s broader circular economy initiatives for plastics

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3️⃣ 8. Swancor Holding Co., Ltd.

Headquarters: Taipei, Taiwan
Key Offering: Eco-friendly Epoxy Resins for Wind Blades

Swancor is a prominent Asian manufacturer specializing in composite materials, with a significant share in the wind power resin market. The company is particularly noted for its development of “EzCiclo” recyclable epoxy resin and “CleaVER” decomposition agent, representing a breakthrough in addressing the end-of-life challenge for wind turbine blades. Swancor’s products are used by major wind blade manufacturers across China and internationally.

Innovation & Sustainability Focus:

• Pioneering chemical recycling technology for thermoset composites

• Strong focus on R&D to reduce the environmental impact of wind blade production

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2️⃣ 9. Sicomin Epoxy Systems

Headquarters: Châteauneuf les Martigues, France
Key Offering: GreenPoxy® Bio-based Epoxy Resins

Sicomin is an innovative leader in the development of advanced epoxy systems, with a growing presence in niche renewable energy applications. The company’s GreenPoxy® product line, which incorporates significant bio-based content, is gaining attention for its potential to reduce the carbon footprint of wind blades. Sicomin’s resins offer a compelling combination of environmental benefits and high mechanical performance.

Innovation & Sustainability Focus:

• Specialization in bio-based, low-toxicity epoxy formulations

• Targeting sustainable composite solutions for the next generation of wind turbines

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1️⃣ 10. Baling Petrochemical Company (Sinopec)

Headquarters: Yueyang, Hunan, China
Key Offering: Unsaturated Polyester Resins (UPR) and Epoxy Resins

As a subsidiary of the state-owned Sinopec Group, Baling Petrochemical is a major supplier of raw materials to China’s vast wind energy industry. The company produces large volumes of unsaturated polyester resins and epoxy resins that are utilized in various composite components for wind turbines. Its strategic position within China’s industrial ecosystem makes it a critical supplier for the domestic market’s rapid expansion.

Innovation & Sustainability Focus:

• Scaled production to meet the demands of the world’s largest wind power market

• Investment in R&D to improve the quality and performance of resin products

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Wind Power Resin Market – View in Detailed Research Report

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🌍 Outlook: The Future of Wind Power Resins Is Smarter and More Sustainable

The wind power resin market is undergoing a significant evolution. While established epoxy systems continue to dominate for primary structural components, the industry is actively investing in new chemistries and sustainable practices to support the growth of larger turbines and address environmental concerns.

📈 Key Trends Shaping the Market:

• Accelerated R&D in thermoplastic and recyclable thermoset resins for circularity

• Demand for resins enabling the production of blades exceeding 100 meters in length for offshore wind

• Increasing regulatory and industry pressure for sustainable and low-carbon footprint material solutions

• Strategic collaborations between resin suppliers, blade manufacturers, and recyclers to create closed-loop systems

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Wind Power Resin Market – View in Detailed Research Report

The companies profiled above are not only supplying the essential materials for today’s wind turbines—they are actively developing the advanced resin technologies that will underpin the next generation of clean, reliable, and sustainable wind energy.