Hydroxyl Terminated Polybutadiene (HTPB) Market 2024-2028
The hydroxyl terminated polybutadiene (HTPB) market is forecasted to grow by USD 61.6 mn during 2023-2028, accelerating at a CAGR of 5.12% during the forecast period. The report on the hydroxyl terminated polybutadiene (HTPB) market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by rising demand for adhesives and sealants, rising number of mergers and acquisitions in HTPB sector, and growing demand for wind turbine blades and oil and gas equipment.
Technavio's hydroxyl terminated polybutadiene (HTPB) market is segmented as below:
- By Application
- Rocket fuel
- Others
- By End-user
- Aerospace and defense
- Electrical and electronics
- Construction
- Automotive
- Others
- By Geographical Landscape
- North America
- Europe
- APAC
- Middle East and Africa
- South America
This study identifies the increased spending on space explorations as one of the prime reasons driving the hydroxyl terminated polybutadiene (HTPB) market growth during the next few years. Also, robust demand for solid rocket propellants and expanding automotive sector driving HTPB market growth will lead to sizable demand in the market.
The report on the hydroxyl terminated polybutadiene (HTPB) market covers the following areas:
- Hydroxyl terminated polybutadiene (HTPB) market sizing
- Hydroxyl terminated polybutadiene (HTPB) market forecast
- Hydroxyl terminated polybutadiene (HTPB) market industry analysis
The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading hydroxyl terminated polybutadiene (HTPB) market vendors that include Anant Pharmaceuticals Pvt. Ltd., Antares Chem Pvt. Ltd., C.R. Supply Co., Cole Parmer Instrument Co. LLC, Entegris Inc., Evonik Industries AG, Headworks International, Idemitsu Kosan Co. Ltd., Island Pyrochemical Industries Corp., Kunshan PG Chem Co. Ltd., Lanxess AG, Mach I Inc., mr natural environmental group, OHAir, Orion Chem Pvt. Ltd., PapChem International LLC, RCS Rocket Motor Components Inc., RXChemicals, and TotalEnergies SE. Also, the hydroxyl terminated polybutadiene (HTPB) market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive primary and secondary research. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast accurate market growth.