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North America Hydroxyl-Terminated Polybutadiene (HTPB) Market – Industry Trends and Forecast to 2026

North America Hydroxyl-Terminated Polybutadiene (HTPB) Market By Type (Conventional Hydroxyl Terminated Polybutadienes, Low Molecular Weight Hydroxyl Terminated Polybutadienes), Application (Rocket Fuel, Waterproof Coatings & Membranes, Adhesives and Sealants, Potting and Encapsulation, Others), End-User (Aerospace & Defence, Automotive, Building and Construction, Electrical & Electronics, Others), Country (U.S., Canada, Mexico) – Industry Trends and Forecast to 2026

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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. HTPB is a translucent liquid with a color similar to wax paper and a viscosity similar to corn syrup. An important application of HTPB is in solid rocket propellant. It binds the oxidizing agent and other ingredients into a solid but elastic mass. These hydroxyl-terminated polybutadiene (HTPB) resins are characterized by low volatiles content, low glass transition temperatures, excellent hydrophobicity and a high level of reactive functionality.

The hydrocarbon nature of HTPB (98.6%) along with low viscosity and low specific gravity makes it a promising fuel binder for PU propellant. It is physically and chemically compatible with the conventional oxidizers and other ingredients at normal storage conditions. Growing utilization of HTPB products in adhesives for construction of buildings is leading to growth in demand for North America hydroxyl-terminated polybutadiene (HTPB) market.

North America hydroxyl-terminated polybutadiene (HTPB) market is expected to register a substantial CAGR in the forecast period of 2019-2026.

Segmentation: North America Hydroxyl-Terminated Polybutadiene (HTPB) Market

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North America hydroxyl-terminated polybutadiene (HTPB) market is segmented into three notable segments which are type, application and end-user.

Competitive Analysis: North America Hydroxyl-Terminated Polybutadiene (HTPB) Market

Some of the major players operating in this market are CRS Chemicals, Island Pyrochemical Industries (IPI), Zibo Qilong Chemical Co., Ltd., Cray Valley, Orion Chem Pvt Ltd, Polymer Source. Inc., Evonik Industries AG and Idemitsu Kosan Co., Ltd.

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Research Methodology: North America Hydroxyl-Terminated Polybutadiene (HTPB) Market

Primary Respondents: Key Industry Participants, Subject-Matter Experts (SMEs), C-level Executives of Key Market Players, Market Intelligence Managers, National Sales Managers and Industry Consultants.

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