Hydroxyl-terminated Polybutadiene (HTPB) Market Worth USD 260.7 billion by 2025 - Top Most Players Emerald Performance Materials LLC, Island Pyrochemical Industries Corp., Evonik Industries, Total Cray Valley, Idemitsu Kosan

Global Hydroxyl-Terminated Polybutadiene (HTPB) Market, “By Application (Rocket Fuel, Waterproof Coatings & Membranes, Adhesives, Sealants, Electrical (Potting and Encapsulation) & Electronics (Hard-Plastic Parts), others), By End-Use Industry (Construction & Civil Engineering, Aerospace & Defence, Automotive, Electrical & Electronics, Others), By Geography (North America, South America, Europe, Asia-Pacific, Middle East and Africa)” Industry Trends and Forecast is projected to grow at a healthy CAGR during the forecast period of 2018 to 2025.

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Global Hydroxyl-terminated polybutadiene (HTPB) Hydroxyl-terminated polybutadiene (HTPB) Market

Hydroxyl-terminated polybutadiene (HTPB) are the type of resins which occupy a unique space for commercially available polyols which are in context of polyurethane elastomers. Various parameters in which this resins can be characterized are low temperature flexibility, hydrophobicity and hydrolytic stability and various others. These elastomers provide solutions for vigorous applications that make them a major application for the adhesives and sealants market. These elastomers also have extremely low dielectric constant, dissipation factor, and moisture vapor transmission rate (MVTR) properties.

HTPB is a telechelic polymer and it has two or more reactive hydroxyl end groups. The, HTPB telechelic polymers are prepared by two different polymerization technologies free radical method and anionic polymerization method. The information industry is the fastest growing industry and various electronic products such as mobile phones, personal digital assistants and notebooks have become daily necessities. The factors which will help in the growth of the HTPB market are rise in the demand, wide range of applications, rapid urbanization & industrialization and rise in research & development activities.

For instance In the year 2011 Evonik Industries (Germany) has built a plant in Marl, Germany, to make hydroxy-functionalised polybutadiene. This expansion by the company was able to offer hydroxyl-functionalized polybutadiene to its customers that are specific to adhesives and sealant industries and it made company’s position as a solution provider for sustainable products for the adhesives and sealant industries.

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FACTORS DRIVING GROWTH IN THE GLOBAL HYDROXYL-TERMINATED POLYBUTADIENE (HTPB) HYDROXYL-TERMINATED POLYBUTADIENE (HTPB) MARKET
Growth in aerospace and defense industry:

In the past few years’ serval HTPB resins have been developed and manufactured as they have large application in aerospace and defense industry. The HTPB are engineered in such a way that they may be highly elastic or tough and hence they have their majorly application in manufacturing of roller coaster, escalators, skateboards and various others. The major application of HTPB is in rocket fuel as it acts as an oxidizer. With increase in growth in space industry the need of HTPB is also increasing which is also affecting the growth of the market.

Growing focus of market players

The global hydroxyl-terminated polybutadiene (HTPB) is market report contains an in-depth profiling of the key market players, along with the recent developments (new product launches, partnerships, agreements, collaborations, and joint ventures) and strategies adopted by them to sustain and strengthen their position in the market. The report also covers the market shares for global, North America, Europe, Asia-Pacific, Middle East and Africa and South America bleeding disorder treatment market.

Some of the major players operating in global hydroxyl-terminated polybutadiene (HTPB) hydroxyl-terminated polybutadiene (HTPB) market are Merald Performance Materials, Island Pyrochemical Industries Corp, Zibo Qilong Chemical Industry, Aerocon Systems, Monomer-Polymer and Dajac Labs, Mach I, Polymer Source, RCS Rocket Motor Components among others.

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