Global Hydroxyl-Terminated Polybutadiene (HTPB) Market – Industry Trends and Forecast to 2028

  • Chemical and Materials
  • Upcoming Report
  • Sep 2021
  • Global
  • 350 Pages
  • No of Tables: 220
  • No of Figures: 60

Global Hydroxyl-Terminated Polybutadiene (HTPB) Market, By Type (Conventional Hydroxyl Terminated Polybutadienes, Low Molecular Weight Hydroxyl Terminated Polybutadienes), Application (Rocket Fuel, Waterproof Coatings & Membranes, Adhesives and Sealants, Potting and Encapsulation, Others), End-User (Aerospace & Defence, Automotive, Building and Construction, Electrical & Electronics, Others), Country (U.S., Canada, Mexico, Brazil, Argentina, Rest of South America, Germany, France, Italy, U.K., Belgium, Spain, Russia, Turkey, Netherlands, Switzerland, Rest of Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, U.A.E, Saudi Arabia, Egypt, South Africa, Israel, Rest of Middle East and Africa) Industry Trends and Forecast to 2028.

Hydroxyl-Terminated Polybutadiene (HTPB) Market Market Analysis and Insights : Global Hydroxyl-Terminated Polybutadiene (HTPB) Market

The hydroxyl-terminated polybutadiene (HTPB) market is expected to witness market growth at a rate of 10.45% in the forecast period of 2021 to 2028. Data Bridge Market Research report on hydroxyl-terminated polybutadiene (HTPB) market provides analysis and insights regarding the various factors expected to be prevalent throughout the forecast period while providing their impacts on the market’s growth. The increase in demand for the product for various industrial applications is escalating the growth of hydroxyl-terminated polybutadiene (HTPB) market.

Hydroxyl-terminated polybutadiene (HTPB) refers to an oligomer of butadiene that is terminated at each end with a hydroxyl functional group. The compound tends to react with isocyanates to form polyurethane polymers. The product is defined as translucent liquid with a color similar to wax paper and a viscosity similar to corn syrup.

The rise in the aerospace & defense industry across various industries across the globe acts as one of the major factors driving the growth of hydroxyl-terminated polybutadiene (HTPB) market. The use of hydroxyl-terminated polybutadiene (HTPB) in solid rocket propellant as it binds the oxidizing agent and other ingredients into a solid but elastic mass, and rise in demand for insulation in refrigerators & freezers and cushioning in furniture accelerate the market growth. The increase in adoption of the resins owning to the characteristics such as low glass transition temperatures, high level of reactive functionality, low volatiles content and excellent hydrophobicity, and manufacturers focusing on essential industries including defense and construction, and other mission-critical projects further influence the market. Additionally, expansion of various end use industries, rapid industrialization, presence of various compliances and rise in demand in adhesives, surface coatings, and other essential products positively affect the hydroxyl-terminated polybutadiene (HTPB) market. Furthermore, advancements in the resins extends profitable opportunities to the market players in the forecast period of 2021 to 2028.

On the other hand, high cost associated with the hydroxyl-terminated polybutadiene (HTPB) and presence of stringent regulations are expected to obstruct the market growth. The difficulties in handling the resins are projected to challenge the hydroxyl-terminated polybutadiene (HTPB) market in the forecast period of 2021-2028.

This hydroxyl-terminated polybutadiene (HTPB) market report provides details of new recent developments, trade regulations, import export analysis, production analysis, value chain optimization, market share, impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographical expansions, technological innovations in the market. To gain more info on a hydroxyl-terminated polybutadiene (HTPB) market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.

Global Hydroxyl-Terminated Polybutadiene (HTPB) Market Scope and Market Size

The hydroxyl-terminated polybutadiene (HTPB) market is segmented on the basis of type, application and end-user. The growth amongst the different segments helps you in attaining the knowledge related to the different growth factors expected to be prevalent throughout the market and formulate different strategies to help identify core application areas and the difference in your target markets. 

  • On the basis of type, the hydroxyl-terminated polybutadiene (HTPB) market is segmented into conventional hydroxyl terminated polybutadienes, and low molecular weight hydroxyl terminated polybutadienes.
  • On the basis of application, the hydroxyl-terminated polybutadiene (HTPB) market is segmented into rocket fuel, waterproof coatings & membranes, adhesives and sealants, potting and encapsulation, and others.
  • On the basis of end-user, the hydroxyl-terminated polybutadiene (HTPB) market is segmented into aerospace & defence, automotive, building and construction, electrical & electronics and others.

Hydroxyl-Terminated Polybutadiene (HTPB) Market Country Level Analysis

The hydroxyl-terminated polybutadiene (HTPB) market is segmented on the basis of type, application and end-user.    

The countries covered in the global hydroxyl-terminated polybutadiene (HTPB) market report are the U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, Israel, Egypt, South Africa, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America. 

North America dominates the hydroxyl-terminated polybutadiene (HTPB) market due to the increased usage of HTPB in both aerospace & defense and construction & civil engineering industries within the region. Asia-Pacific is expected to be the fastest growing market during the forecast period of 2021 to 2028 because of the rapid industrialization.

The country section of the report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points such as consumption volumes, production sites and volumes, import export analysis, price trend analysis, cost of raw materials, down-stream and upstream value chain analysis are some of the major pointers used to forecast the market scenario for individual countries. Also, presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.

Competitive Landscape and Hydroxyl-Terminated Polybutadiene (HTPB) Market Share Analysis

The hydroxyl-terminated polybutadiene (HTPB) market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies’ focus related to hydroxyl-terminated polybutadiene (HTPB) market.

The major players covered in the hydroxyl-terminated polybutadiene (HTPB) market report are CRS Chemicals, Island Pyrochemical Industries (IPI), Zibo Qilong Chemical Co., Ltd., Cray Valley, Orion Chem Pvt Ltd, Polymer Source. Inc., Evonik Industries AG and Idemitsu Kosan Co., Ltd, among other domestic and global players. Market share data is available for global, North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America separately. DBMR analysts understand competitive strengths and provide competitive analysis for each competitor separately.

Customization Available : Global Hydroxyl-Terminated Polybutadiene (HTPB) Market

Data Bridge Market Research is a leader in consulting and advanced formative research. We take pride in servicing our existing and new customers with data and analysis that match and suits their goal. The report can be customized to include production cost analysis, trade route analysis, price trend analysis of target brands understanding the market for additional countries (ask for the list of countries), import export and grey area results data, literature review, consumer analysis and product base analysis. Market analysis of target competitors can be analyzed from technology-based analysis to market portfolio strategies. We can add as many competitors that you require data about in the format and data style you are looking for. Our team of analysts can also provide you data in crude raw excel files pivot tables (Fact book) or can assist you in creating presentations from the data sets available in the report.


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