Global Hydroxyl-Terminated Polybutadiene (HTPB) Market Is Anticipated To Generate Significant Revenues By 2026

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 global hydroxyl-terminated polybutadiene (HTPB) market.
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 colour 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.
Global hydroxyl-terminated polybutadiene (HTPB) market is expected to register a substantial CAGR of 6.3% in the forecast period of 2019-2026.

Competitive Analysis: Global 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
Product Launch:
  • In June 2017, TOTAL Cray Valley announced the commercial production of Krasol F 3000 diol product. The product is an extension to the company’s Ricon and Krasol product lines of liquid polybutadiene resins.
  • In April 2017, Evonik launched its new product in the market for coatings and adhesives at the European Coatings Show. The product portfolio comprised of different types of coatings thus expanding its product range. The new product will help the company in increasing its profits.

Segmentation: Global Hydroxyl-Terminated Polybutadiene (HTPB) Market

Global hydroxyl-terminated polybutadiene (HTPB) market is segmented into three notable segments which are type, application and end-user.
  • On the basis of type, the market is segmented into conventional hydroxyl terminated polybutadienes, low molecular weight hydroxyl terminated polybutadienes.
    • In March 2017, Total Cray Valley (TCV) presented itself in the Adhesive and Sealant Council (ASC) Conference and Expo. The company showcased its product range of Poly bd and Krasol liquid polybutadiene resins and conducted an education session on the latest resin technology utilized by the company.
  • On the basis of application, the market is segmented into rocket fuel, waterproof coatings & membranes, adhesives and sealants, potting and encapsulation, others.
    • In March 2019, Contracting and Supervision Bureau of the Central Military Commission Equipment Development Department conducted the supervision and examination of the company’s equipment qualification. The company got certified through all the criteria based on military research and production tasks. The quality check conducted by the department, helped the company in the tremendous promotion of its quality system, operation and construction.
  • On the basis of end-user, the market is segmented into aerospace & defence, automotive, building and construction, electrical & electronics, others.
    • In November 2014, Evonik inaugurated a new manufacturing plant at Marl for hydroxyl terminated polybutadiene (HTPB). The plant has a capacity of producing several thousand metric tons per year. The new plant was mainly constructed for the purpose of extending the product portfolio of polybutadienes in the market.
About Data Bridge Market Research:
An absolute way to forecast what future holds is to comprehend the trend today!
Data Bridge Market Research set forth itself as an unconventional and neoteric Market research and consulting firm with unparalleled level of resilience and integrated approaches. We are determined to unearth the best market opportunities and foster efficient information for your business to thrive in the market. Data Bridge endeavors to provide appropriate solutions to the complex business challenges and initiates an effortless decision-making process. Data bridge is an aftermath of sheer wisdom and experience which was formulated and framed in the year 2015 in Pune.
Data Bridge Market Research
US: +1 888 387 2818
UK: +44 208 089 1725
Hong Kong: +852 8192 7475
corporatesales@databridgemarketresearch.com

Comments

Post a Comment

Popular posts from this blog

Global Aseptic Packaging Market To Witness Steady Growth During The Forecast Period 2018-2025

Market Analysis: Global Aseptic packaging Market The Global Aseptic Packaging Market accounted to USD 31.6 billion in 2017 growing at a CAGR of 9.9% during the forecast period of 2018 to 2025. The upcoming market report contains data for historic years 2015, the base year of calculation is 2017 and the forecast period is 2018 to 2025. Market Definition: Global Aseptic packaging Market Aseptic packaging is the method of filling a commercially sterile product in an aseptic container under sterile conditions and the packaging is sealed so that reinfection is prevented. Major Market Drivers and Restraints: Rise in Urban Population Increase of the Dairy Beverage Market Higher Investment of Initial Capital Expansion of New Products Electronic Logistics Processing High Research & Development Investment Download  PDF Sample Copy of Report @  https://www.databridgemarketresearch.com/request-a-sample/?dbmr=global-aseptic-packaging-market   Marke...
Read more

Global Public Transport Market Size, Share, Trend & Growth Forecast 2027

  With a capable and wide-ranging market research study, Public Transport Market report provides the facts associated with any subject in the field of marketing. This report unearths the common market conditions, trends, preferences, key players, opportunities, geographical analysis and many other parameters that support to drive the business into right direction. With the precise and high-tech information given in the Public Transport report, businesses can know about the types of consumers, consumer’s demands and preferences, their perspectives about the product, their buying intentions, their response to particular product, and their varying tastes about the specific product already active in the market. Public Transport market research report consists of fundamental, secondary and advanced information allied to the global status and trend, market size, sales volume, market share, growth, future trends analysis, segment and forecast. This report conducts study of market drivers...
Read more

Global Food Grade Lubricants Market Is Likely To Register Double Digit Cagr During 2020 To 2027

Market Analysis and Insights: Global Food Grade Lubricants Market Food grade lubricants are  industrial lubricants  which are mainly used so they can maintain the food processing machinery. They are widely used in applications such as food, pharmaceutical & cosmetics, beverages, and others. There is growth in the processed food market worldwide which is expected to drive the market growth. Some of the other factors such as strict food safety norms & regulations, increasing awareness about the advantages of food grade lubricants , availability of raw material at low cost and changing consumer preference towards healthy diet will further enhance the food grade lubricants market in the forecast period of 2020 to 2027. Dearth of awareness about food grade lubricants in rural areas, and lack of proper training is expected to hamper the market growth in the mentioned forecast period. Download  PDF Sample Copy of Report @  https://www.databridgemarketresea...
Read more