China leads the way on wind energy installations, Lucintel says, projected to grow from 44.7 GW of installed wind power capacity to 230 GW by 2020. That’s in line with reports that China aims to have wind power as the source of 17 percent of its electricity production by 2050.
The U.S. is second in line for new wind energy installations, expected to reach 180 GW by 2020. Portugal, France, Italy, the U.K., Ireland and the Netherlands will also steadily add installations over the next five years, Lucintil says.
Growth in the wind turbine market also promises increased demand for composites to make the wind turbine blades. Lucintel projects steady growth for composite consumption in the wind market to reach $5.5 billion by 2016.

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