Press release
HTPB Market to Reach Valuation of US$ 200 MN By 2031 at a CAGR of 4% | Idemitsu Kosan Co. Ltd., Cray Valley, Evonik Industries AG, CRS Chemicals, Island Pyrochemical Industries
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HTPB Market – Scope of the Report
The latest study collated and published by Transparency Market Research (TMR) analyzes the historical and present-day scenario of the global HTPB market in order to accurately gauge its future growth. The study presents detailed information about the important growth factors, restraints, and trends that are creating a landscape for the growth of the global HTPB market to identify growth opportunities for market stakeholders. The report also provides insightful information about how the global HTPB market would expand during the forecast period of 2021 to 2031.
The report offers intricate dynamics about different aspects of the global HTPB market, which aids companies operating in the market in making strategic development decisions. TMR’s study also elaborates on significant changes that are highly anticipated to configure growth of the global HTPB market during the forecast period. It also includes a key indicator assessment that highlights growth prospects of the global HTPB market and estimates statistics related to growth of the market in terms of value (US$ Mn) and volume (tons).
This study covers a detailed segmentation of the global HTPB market, along with key information and a competitive outlook. The report mentions company profiles of players that are currently dominating the global HTPB market, wherein various developments, expansions, and winning strategies practiced and implemented by leading players have been presented in detail.
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HTPB Market: Overview
Hydroxyl-terminated polybutadiene (HTPB) resins occupy a unique space within the landscape of commercially available polyols in the context of polyurethane elastomers. Characterized by low temperature flexibility, hydrophobicity, and hydrolytic stability, HTPB is a viscous translucent liquid, which is an oligomer of butadiene terminated at each end with a hydroxyl group. HTPB has low molecular weight.
Key applications of HTPB include rocket propellant, cast-cure explosives, HTPB-based adhesives & sealants, surface coatings, and potting compounds. HTPB is extensively employed in the production of solid rocket propellants. It is also used in the production of polyurethanes through its reaction with isocynates.
According to Transparency Market Research’s latest research report on the global HTPB market for the historical year 2020 and the forecast period 2021 to 2031, rise in usage of HTPB in electronics and building & construction applications is a key factor that is expected to boost the global HTPB market during the forecast period
In terms of revenue, the global HTPB market is projected to reach a value of US$ 200 Mn by 2031, expanding at a CAGR of 4% during the forecast period
Key Questions Answered in TMR’s Report on HTPB Market
The report provides detailed information about the global HTPB market on the basis of a comprehensive research on various factors that are playing a key role in accelerating the growth potential of the global market. Information mentioned in the report answers path-breaking questions for companies that are currently operating in the market and are looking for innovative methods to create a unique benchmark in the global HTPB market, so as to help them design successful strategies and make target-driven decisions.
Which application segment of the global HTPB market would emerge as major revenue generator during the forecast period?
How are key market players successfully earning revenue out of advantages of HTPB?
What would be the Y-o-Y growth trend of the global HTPB market between 2021 and 2031?
What are the winning imperatives of leading players operating in the global HTPB market?
Which end use segment is expected to create lucrative opportunities for the global HTPB market during the forecast period?
Which are leading companies operating in the global HTPB market?
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Research Methodology – HTPB Market
The research methodology adopted by analysts for compiling the global HTPB market report is based on detailed primary as well as secondary research. With the help of in-depth insights of the market-affiliated information that is obtained and legitimated by market-admissible sources, analysts have offered riveting observations and authentic forecasts for the global HTPB market.
During the primary research phase, analysts interviewed market stakeholders, investors, brand managers, vice presidents, and sales and marketing managers. Based on data obtained through interviews of genuine sources, analysts have emphasized the changing scenario of the global HTPB market.
For secondary research, analysts scrutinized numerous annual report publications, white papers, market association publications, and company websites to obtain the necessary understanding of the global HTPB market.
Keywords
HTPB Market
HTPB Market Share
Demand for HTPB
Sales of HTPB
HTPB Sales Demand
HTPB Market Forecast
HTPB Sales Forecast
HTPB Demand forecast
US HTPB Market
Canada HTPB Market
Europe HTPB Market
Middle East HTPB market
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Companies Mentioned
Idemitsu Kosan Co. Ltd.
Cray Valley
Evonik Industries AG
CRS Chemicals
Island Pyrochemical Industries
Zibo Qilong Chemical Industry Co., Ltd
Orion Chem Pvt. Ltd.
Shanghai Ruizheng Technology Co. Ltd.
Tanyun Chemical
Countries Covered
North America
Europe
Asia Pacific
Latin America
Middle East & Africa
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