Short Description
Global hydroxyl-terminated polybutadiene (HTPB) market is segmented By Product (Conventional Hydroxyl Terminated Polybutadienes and Low Molecular Weight Hydroxyl Terminated Polybutadienes), Application (Rocket Fuel, Rubber Material, Paint, Polyurethane, and Others), End-Use (Building & Construction, Aerospace & Defense, Automotive, Electrical & Electronics, Construction, Packaging, and Others), Country (U.S., Canada and Mexico, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa, Brazil, Argentina and Rest of South America), Market Trends and Forecast to 2029.
Market Definition
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.
Market Segmentation
Global hydroxyl-terminated polybutadiene (HTPB) market is segmented into three notable segments, which are based on the basis of product, application, and end-use.
On the basis of product, the global hydroxyl-terminated polybutadiene (HTPB) market is segmented into conventional hydroxyl-terminated polybutadienes and low molecular weight hydroxyl-terminated polybutadienes. On the basis of application, the global hydroxyl-terminated polybutadiene (HTPB) market is segmented into rocket fuel, rubber material, paint, polyurethane, and others
On the basis of end-use, the global hydroxyl-terminated polybutadiene (HTPB) market is segmented into building & construction, aerospace & defense, automotive, electrical & electronics, construction, packaging, and others
The major players operating in the global hydroxyl-terminated polybutadiene (HTPB) market
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.
TABLE OF CONTENTS
1 INTRODUCTION 33
1.1 OBJECTIVES OF THE STUDY 33
1.2 MARKET DEFINITION 33
1.3 OVERVIEW OF GLOBAL HYDROXYL-TERMINATED POLYBUTADIENE (HTPB) MARKET 33
1.4 LIMITATIONS 35
1.5 MARKETS COVERED 36
2 MARKET SEGMENTATION 38
2.1 MARKETS COVERED 38
2.2 GEOGRAPHICAL SCOPE 39
2.3 YEARS CONSIDERED FOR THE STUDY 40
2.4 CURRENCY AND PRICING 40
2.5 DBMR TRIPOD DATA VALIDATION MODEL 41
2.6 THE PRODUCT LIFE LINE CURVE 44
2.7 MULTIVARIATE MODELING 45
2.8 PRIMARY INTERVIEWS WITH KEY OPINION LEADERS 46
2.9 DBMR MARKET POSITION GRID 47
2.10 MARKET END USE COVERAGE GRID 48
2.11 DBMR MARKET CHALLENGE MATRIX 49
2.12 VENDOR SHARE ANALYSIS 50
2.13 IMPORT-EXPORT DATA 51
2.14 SECONDARY SOURCES 52
2.15 ASSUMPTIONS 53
3 EXECUTIVE SUMMARY 54
4 PREMIUM INSIGHTS 57
4.1 PORTER'S FIVE FORCES: 59
4.1.1 THREAT OF NEW ENTRANTS: 59
4.1.2 THREAT OF SUBSTITUTES: 59
4.1.3 CUSTOMER BARGAINING POWER: 60
4.1.4 SUPPLIER BARGAINING POWER: 60
4.1.5 INTERNAL COMPETITION (RIVALRY): 60
4.2 PESTLE ANALYSIS 62
4.2.1 OVERVIEW 62
4.2.2 POLITICAL FACTORS 62
4.2.3 ENVIRONMENTAL FACTORS 62
4.2.4 SOCIAL FACTORS 63
4.2.5 TECHNOLOGICAL FACTORS 63
4.2.6 ECONOMICAL FACTORS 63
4.2.7 LEGAL FACTORS 64
4.2.8 CONCLUSION 64
4.3 IMPORT EXPORT SCENARIO 65
4.4 POTENTIAL BUYERS LIST 66
4.5 CLIMATE CHANGE SCENARIO 67
4.6 RAW MATERIALS PRODUCTION COVERAGE 69
4.7 SUPPLY CHAIN ANALYSIS 70
4.7.1 OVERVIEW 70
4.7.2 LOGISTIC COST SCENARIO 70
4.7.3 IMPORTANCE OF LOGISTICS SERVICE PROVIDERS 71
4.8 PRODUCTION AND CONSUMPTION ANALYSIS 72
4.9 TECHNOLOGICAL ADVANCEMENT BY MANUFACTURERS 73
4.10 VENDOR SELECTION CRITERIA 74
4.11 REGULATORY FRAMEWORK 75
5 MARKET OVERVIEW 77
5.1 DRIVERS 79
5.1.1 GROWING DEMAND FOR INNOVATIVE AEROSPACE COMPONENTS 79
5.1.2 GAINING POPULARITY OF HYDROXYL-TERMINATED POLYBUTADIENE (HTPB) IN THE AUTOMOTIVE INDUSTRY 79
5.1.3 USE OF HYDROXYL-TERMINATED POLYBUTADIENE (HTPB) IN SOLID ROCKET PROPELLANT 80
5.1.4 POSITIVE OUTLOOK TOWARD CONSUMER ELECTRONIC GOODS 81
5.1.5 GROWING USE OF HYDROXYL-TERMINATED POLYBUTADIENE (HTPB) IN ADHESIVES USED FOR CONSTRUCTION 81
5.1.6 INCREASING INVESTMENT IN THE SPACE TECHNOLOGIES AROUND THE WORLD 82
5.2 RESTRAINTS 84
5.2.1 HIGH STRAIN RATE AND SHOCK PROPERTIES OF HYDROXYL-TERMINATED POLYBUTADIENE (HTPB) 84
5.2.2 HYDROXYL-TERMINATED POLYBUTADIENE (HTPB) GRAIN CANNOT BE RESHAPED, REUSED, OR RECYCLED 84
5.3 OPPORTUNITIES 85
5.3.1 TECHNOLOGICAL PROGRESS IN PROPELLANTS USING HYDROXYL-TERMINATED POLYBUTADIENE 85
5.3.2 RISING GOVERNMENT INITIATIVES FOR EMERGING NATIONS 85
5.4 CHALLENGES 86
5.4.1 DIFFICULTIES IN HANDLING THE RESINS 86
5.4.2 PRESENCE OF SUBSTITUTE PRODUCTS 86
6 GLOBAL HYDROXYL-TERMINATED POLYBUTADIENE (HTPB) MARKET, BY PRODUCT 88
6.1 OVERVIEW 89
6.2 LOW MOLECULAR WEIGHT HYDROXYL TERMINATED POLYBUTADIENES 91
6.3 CONVENTIONAL HYDROXYL TERMINATED POLYBUTADIENES 92
7 GLOBAL HYDROXYL-TERMINATED POLYBUTADIENE (HTPB) MARKET, BY APPLICATION 93
7.1 OVERVIEW 94
7.2 ROCKET FUEL 95
7.3 POLYURETHANE 96
7.3.1 ADHESIVES AND SEALANTS 96
7.3.2 MEMBRANES 97
7.3.3 SURFACE COATINGS 97
7.3.4 POTTING AND ENCAPSULATION 97
7.3.5 OTHERS 97
7.4 PAINT 97
7.5 RUBBER MATERIAL 98
7.6 OTHERS 99
8 GLOBAL HYDROXYL-TERMINATED POLYBUTADIENE (HTPB) MARKET, BY END USE 100
8.1 OVERVIEW 101
8.2 AEROSPACE & DEFENCE 102
8.2.1 LOW MOLECULAR WEIGHT HYDROXYL TERMINATED POLYBUTADIENES 103
8.2.2 CONVENTIONAL HYDROXYL TERMINATED POLYBUTADIENES 103
8.3 AUTOMOTIVE 103
8.3.1 LOW MOLECULAR WEIGHT HYDROXYL TERMINATED POLYBUTADIENES 104
8.3.2 CONVENTIONAL HYDROXYL TERMINATED POLYBUTADIENES 104
8.4 BUILDING AND CONSTRUCTION 104
8.4.1 LOW MOLECULAR WEIGHT HYDROXYL TERMINATED POLYBUTADIENES 105
8.4.2 CONVENTIONAL HYDROXYL TERMINATED POLYBUTADIENES 105
8.5 ELECTRICAL & ELECTRONICS 106
8.5.1 LOW MOLECULAR WEIGHT HYDROXYL TERMINATED POLYBUTADIENES 106
8.5.2 CONVENTIONAL HYDROXYL TERMINATED POLYBUTADIENES 107
8.6 PACKAGING 107
8.6.1 LOW MOLECULAR WEIGHT HYDROXYL TERMINATED POLYBUTADIENES 108
8.6.2 CONVENTIONAL HYDROXYL TERMINATED POLYBUTADIENES 108
8.7 OTHERS 108
8.7.1 LOW MOLECULAR WEIGHT HYDROXYL TERMINATED POLYBUTADIENES 109
8.7.2 CONVENTIONAL HYDROXYL TERMINATED POLYBUTADIENES 109
9 GLOBAL HYDROXYL-TERMINATED POLYBUTADIENE (HTPB) MARKET, BY GEOGRAPHY 110
9.1 OVERVIEW 111
9.2 ASIA-PACIFIC 116
9.2.1 CHINA 125
9.2.2 INDIA 129
9.2.3 JAPAN 133
9.2.4 AUSTRALIA & NEW ZEALAND 137
9.2.5 SOUTH KOREA 141
9.2.6 SINGAPORE 145
9.2.7 THAILAND 149
9.2.8 INDONESIA 153
9.2.9 MALAYSIA 157
9.2.10 PHILIPPINES 161
9.2.11 REST OF ASIA-PACIFIC 165
9.3 NORTH AMERICA 166
9.3.1 U.S. 174
9.3.2 CANADA 178
9.3.3 MEXICO 182
9.4 EUROPE 186
9.4.1 GERMANY 195
9.4.2 U.K. 199
9.4.3 FRANCE 203
9.4.4 ITALY 207
9.4.5 SPAIN 211
9.4.6 RUSSIA 215
9.4.7 BELGIUM 219
9.4.8 NETHERLANDS 223
9.4.9 TURKEY 227
9.4.10 SWITZERLAND 231
9.4.11 REST OF EUROPE 235
9.5 MIDDLE EAST AND AFRICA 236
9.5.1 SAUDI ARABIA 244
9.5.2 UNITED ARAB EMIRATES 248
9.5.3 SOUTH AFRICA 252
9.5.4 EGYPT 256
9.5.5 ISRAEL 260
9.5.6 REST OF MIDDLE EAST AND AFRICA 264
9.6 SOUTH AMERICA 265
9.6.1 BRAZIL 273
9.6.2 ARGENTINA 277
9.6.3 REST OF SOUTH AMERICA 281
10 GLOBAL HYDROXYL-TERMINATED POLYBUTADIENE (HTPB) MARKET, COMPANY LANDSCAPE 282
10.1 COMPANY SHARE ANALYSIS: GLOBAL 282
10.2 COMPANY SHARE ANALYSIS: NORTH AMERICA 283
10.3 COMPANY SHARE ANALYSIS: EUROPE 284
10.4 COMPANY SHARE ANALYSIS: ASIA-PACIFIC 285
10.5 MERGERS & ACQUISITIONS 286
10.6 EXPANSIONS 286
10.7 NEW PRODUCT DEVELOPMENT 286
11 SWOT ANALYSIS 287
12 COMPANY PROFILES 288
12.1 EVONIK INDUSTRIES AG 288
12.1.1 COMPANY SNAPSHOT 288
12.1.2 REVENUE ANALYSIS 288
12.1.3 COMPANY SHARE ANALYSIS 289
12.1.4 PRODUCT PORTFOLIO 289
12.1.5 RECENT UPDATES 289
12.2 CRAY VALLEY (A SUBSIDIARY OF TOTALENERGIES) 291
12.2.1 COMPANY SNAPSHOT 291
12.2.2 REVENUE ANALYSIS 291
12.2.3 COMPANY SHARE ANALYSIS 292
12.2.4 PRODUCT PORTFOLIO 292
12.2.5 RECENT UPDATES 292
12.3 IDEMITSU KOSAN CO., LTD. 293
12.3.1 COMPANY SNAPSHOT 293
12.3.2 REVENUE ANALYSIS 293
12.3.3 COMPANY SHARE ANALYSIS 294
12.3.4 PRODUCT PORTFOLIO 294
12.3.5 RECENT UPDATES 295
12.4 NIPPON SODA CO., LTD. 296
12.4.1 COMPANY SNAPSHOT 296
12.4.2 REVENUE ANALYSIS 296
12.4.3 COMPANY SHARE ANALYSIS 297
12.4.4 PRODUCT PORTFOLIO 297
12.4.5 RECENT UPDATE 297
12.5 CRS CHEMICALS 298
12.5.1 COMPANY SNAPSHOT 298
12.5.2 PRODUCT PORTFOLIO 298
12.5.3 RECENT UPDATE 299
12.6 ISLAND PYROCHEMICAL INDUSTRIES (IPI) 300
12.6.1 COMPANY SNAPSHOT 300
12.6.2 PRODUCT PORTFOLIO 300
12.6.3 RECENT UPDATE 300
12.7 MONOMER-POLYMER & DAJAC LABS (A SUBSIDIARY OF ENTEGRIS) 301
12.7.1 COMPANY SNAPSHOT 301
12.7.2 REVENUE ANALYSIS 301
12.7.3 PRODUCT PORTFOLIO 302
12.7.4 RECENT UPDATE 302
12.8 POLYMER SOURCE. INC. 303
12.8.1 COMPANY SNAPSHOT 303
12.8.2 PRODUCT PORTFOLIO 303
12.8.3 RECENT UPDATE 304
13 QUESTIONNAIRES 305
14 RELATED REPORTS 308