Hydroxyl-Terminated Polybutadiene Market Overview, Growth Analysis, Share, Opportunities, Trends and Global Forecast By 2029
The study carried out in Hydroxyl-Terminated Polybutadiene Market report spans heterogeneous markets in accord with the requirement of Hydroxyl-Terminated Polybutadiene Market industry and scoop out the best possible solutions and meticulous information about the market trends. This Hydroxyl-Terminated Polybutadiene Market report employs the use of latest tools and techniques for researching, analysing and collecting data and information. Assessment of potential market for new product, knowhow of consumer’s reaction for particular product, figuring out general market tendencies, knowing the types of customers, identifying dimension of marketing problem and many other scopes are suspiciously evaluated through this Hydroxyl-Terminated Polybutadiene Market report.
Data Bridge Market Research analyses that the hydroxyl-terminated polybutadiene (HTPB) market is expected to reach USD 298,842.53 thousand by the year 2029, at a CAGR of 6.6% during the forecast period.
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Market Overview
Global Hydroxyl-terminated polybutadiene (HTPB) is an oligomer of the chemical compound butadiene with hydroxyl functional groups completed at the individual end. Polyurethane polymers are produced with the reaction of hydroxyl-terminated polybutadiene with isocyanates. It is a translucent liquid with a color similar to that of wax paper and viscosity texture as corn syrup. The major application area for the HTPB compounds is solid rocket propellant. Due to the properties such as excellent hydrophobicity, low glass transition temperatures and low volatiles content, these polybutadienes are used majorly in aerospace and defense industries.
Some of the major market players engaged in the global hydroxyl-terminated polybutadiene (HTPB) market are Evonik Industries AG, Idemitsu Kosan Co., Ltd., Cray Valley (A Subsidiary of TotalEnergies), Polymer Source. Inc., NIPPON SODA CO., LTD., Island Pyrochemical Industries (IPI), CRS Chemicals, Monomer-Polymer & Dajac Labs (A Subsidiary of Entegris), among others.
Market Analysis and Size
Hydroxyl Terminated Polybutadiene (HTPB) is the most commonly used polyol in recent times. Due to its excellent physical properties, such as high tensile and tear strength and good chemical resistance possessed by this chemical, it acts as a fuel binder for PU propellant. The chemical HTPB contains hydrogen and carbon as its main constituents during combustion. It becomes chemically and physically compatible with conventional oxidizers and other ingredients.
The growing demand for innovative aerospace components significantly impacts the expansion of the market for hydroxyl-terminated polybutadiene (HTPB). In line with this, the gaining popularity of hydroxyl-terminated polybutadiene (HTPB) in the automotive industry, and increasing demand for consumer electronic goods, are key determinants favoring the growth of the hydroxyl-terminated polybutadiene (HTPB) market during the forecast period. Data Bridge Market Research analyses that the hydroxyl-terminated polybutadiene (HTPB) market is expected to reach USD 298,842.53 thousand by the year 2029, at a CAGR of 6.6% during the forecast period. "Aerospace & defense" accounts for the most prominent end-use segment in the respective market owing to the demand for HTPB adhesives and binders in various industries such as automotive, construction, and other industries. The market report curated by the Data Bridge Market Research team includes in-depth expert analysis, import/export analysis, pricing analysis, production consumption analysis, and climate chain scenario.
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TABLE OF CONTENTS
Part 01: Executive Summary
Part 02: Scope of the Report
Part 03: Research Methodology
Part 04: Hydroxyl-terminated polybutadiene Market Landscape
Part 05: Pipeline Analysis
Part 06: Hydroxyl-terminated polybutadiene Market Sizing
Part 07: Five Forces Analysis
Part 08: Hydroxyl-terminated polybutadiene Market Segmentation
Part 09: Customer Landscape
Part 10: Regional Landscape
Part 11: Decision Framework
Part 12: Drivers and Challenges
Part 13: Hydroxyl-terminated polybutadiene Market Trends
Part 14: Vendor Landscape
Part 15: Vendor Analysis
Part 16: Appendix
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