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.
Market Scope
Base Year
2024
End Year
2028
Series Year
2024-2028
Growth Momentum
Accelerate
YOY 2024
4.79%
CAGR
5.12%
Incremental Value
$61.6 mn
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 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.
Table of Contents
1 Executive Summary
1.1 Market overview
Executive Summary - Chart on Market Overview
Executive Summary - Data Table on Market Overview
Executive Summary - Chart on Global Market Characteristics
Executive Summary - Chart on Market By Geographical Landscape
Executive Summary - Chart on Market Segmentation by Application
Executive Summary - Chart on Market Segmentation by End-user
Executive Summary - Chart on Incremental Growth
Executive Summary - Data Table on Incremental Growth
Executive Summary - Chart on Company Market Positioning
2 Market Landscape
2.1 Market ecosystem
Parent Market
Data Table on - Parent Market
2.2 Market characteristics
Market characteristics analysis
2.3 Value chain analysis
Value Chain Analysis
3 Market Sizing
3.1 Market definition
Offerings of companies included in the market definition
3.2 Market segment analysis
Market segments
3.3 Market size 2023
3.4 Market outlook: Forecast for 2023-2028
Chart on Global - Market size and forecast 2023-2028 ($ million)
Data Table on Global - Market size and forecast 2023-2028 ($ million)
Chart on Global Market: Year-over-year growth 2023-2028 (%)
Data Table on Global Market: Year-over-year growth 2023-2028 (%)
4 Historic Market Size
4.1 Global Hydroxyl Terminated Polybutadiene (HTPB) Market 2018 - 2022
Historic Market Size - Data Table on Global Hydroxyl Terminated Polybutadiene (HTPB) Market 2018 - 2022 ($ million)