Top Companies in Wind Turbine Protection Industry - BASF SE (Germany), 3M (US), Akzo Nobel N.V. (Netherlands) and Trelleborg AB (Sweden)
The wind turbine protection market is forecast to reach USD 2.8 billion by 2029 from an estimated USD 1.7 billion in 2024, at a CAGR of 10.5% during the forecast period (2024-2029). The increasing demand for renewable energy sources, operational cost reduction, and growing need for efficient solutions for longer wind turbine life are the key factors driving the wind turbine protection market.
The wind turbine protection market is served by a mix of international players with a global operational presence and local players with a strong domestic supply network.
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The key players in the wind turbine protection market include companies such as BASF SE (Germany), 3M (US), Akzo Nobel N.V. (Netherlands), Trelleborg AB (Sweden), Hempel A/S (Denmark).
Akzo Nobel N.V. is a global provider of paints and coatings. It manufactures and supplies specialty chemicals. The company’s product portfolio comprises functional chemicals, industrial chemicals, pulp and performance chemicals, surfactants, vehicle refinishes, powder coatings, industrial coatings, wood finishes and adhesives, and marine and protective coatings. Akzo Nobel N.V. operates its business in two segments, namely performance coatings and decorative paints. It has an operational presence in countries in North America, Latin America, Europe, and Asia-Pacific.
3M is one of the leading manufacturers of industrial and mechanical products. The company has a diversified portfolio that caters to the demand of various markets such as electronics, telecommunications, industrial, consumer and office, healthcare, safety, and other markets. 3M operates its business through four business segments, namely, Safety and Industrial, Healthcare, Transportation and Electronics, and Consumer.
BASF SE operates as a chemical company worldwide. It operates through seven segments: Chemicals, Materials, Industrial Solutions, Surface Technologies, Nutrition & Care, Agricultural Solutions, and others. BASF is present in 93 countries and operates 234 production sites including six Verbund sites. The company has 52 global and regional business units and develops strategies for the 72 strategic business units.
Trelleborg AB offers variety of products including advanced energy control materials, convertors, end of line testing systems, engineered rubber solutions, erosion and abrasion resistant materials, fenders, hollow shell fillers, rail system, rollers and wheels, tooling solutions and materials, thermoforming materials, and many more. The company manages its business through two segments: Trelleborg Industrial Solutions and Trelleborg Sealing Solutions Trelleborg has operations in some 40 countries with approximately 100 manufacturing units and sales to just over 140 countries.
Related Reports:
Wind Turbine Protection Market by Equipment (Blades, Nacelles, Towers), Protection Type (Coatings (Epoxy, Polyurethane) and Tapes & Films), End User (Onshore and Offshore), & Region (North America, Europe, APAC, MEA) - Global Forecast to 2029
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