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Hydroxyl-terminated polybutadiene (HTPB) is an oligomer of butadiene terminated at each end with a hydroxyl functional group. It reacts with isocyanates to form polyurethane polymers.
LPI (LP Information)' newest research report, the "HTPB Industry Forecast" looks at past sales and reviews total world HTPB sales in 2022, providing a comprehensive analysis by region and market sector of projected HTPB sales for 2023 through 2029. With HTPB sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world HTPB industry.
This Insight Report provides a comprehensive analysis of the global HTPB landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on HTPB portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global HTPB market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for HTPB and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global HTPB.
The global HTPB market size is projected to grow from US$ 222.3 million in 2022 to US$ 276.9 million in 2029; it is expected to grow at a CAGR of 276.9 from 2023 to 2029.
Global core HTPB manufacturers include Total Cray Valley, Evonik, Nippon Soda etc.The top 1 company hold a share about 43%.Asia-Pacific is the largest market, with a share about 40%, followed by Europe and North America with the share about 33% and 20%.In terms of product, 2000-3000 molecular weight is the largest segment, with a share over 74%. And in terms of application, the largest application is sdhesive, followed by paint.
This report presents a comprehensive overview, market shares, and growth opportunities of HTPB market by product type, application, key manufacturers and key regions and countries.
Market Segmentation:
Segmentation by type
- 1000-2000 Molecular Weight
- 2000-3000 Molecular Weight
- Others
Segmentation by application
- Adhesive
- Paint
- Rubber Material
- Aerospace and Military
- Plastic Modifiers
- Others
This report also splits the market by region:
- Americas
- - United States
- - Canada
- - Mexico
- - Brazil
- APAC
- - China
- - Japan
- - Korea
- - Southeast Asia
- - India
- - Australia
- Europe
- - Germany
- - France
- - UK
- - Italy
- - Russia
- Middle East & Africa
- - Egypt
- - South Africa
- - Israel
- - Turkey
- - GCC Countries
The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
- Total Cray Valley
- Evonik
- Nippon Soda
- Idemitsu
- Tianyuan New Material
- Emerald Performance Materials
- Zibo Qilong Chemical Industry
Key Questions Addressed in this Report
What is the 10-year outlook for the global HTPB market?
What factors are driving HTPB market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do HTPB market opportunities vary by end market size?
How does HTPB break out type, application?
What are the influences of COVID-19 and Russia-Ukraine war?