404
+1-313-307-4176
HTPB Market Growth Analysis | 2025-2030
HTPB Market Size, Share, Trends, Dynamics, Forecast, & Growth Analysis: 2025-2030
The HTPB market was estimated at USD 150 million in 2024 and is likely to grow at a CAGR of 4.2% during 2025-2030 to reach USD 193.3 million in 2030.
Want to know more about the market scope? Register Here
HTPB stands for hydroxyl-terminated polybutadiene. It is an oligomer of butadiene terminated at each end with a hydroxyl functional group and is a translucent liquid with a similar color to wax paper and a viscosity similar to corn syrup.
Rising demand for missiles and rockets with technologically efficient HTPB-based rocket fuel is one of the major factors likely to drive market growth during the forecast period. Factors such as increasing investment in space technologies and growing demand for self-healing materials in electronic products, automobiles, military equipment, and building materials are also expected to fuel the growth of the market in the coming years. Further, increasing sales of smartphones and tablets have resulted in an increased production target for manufacturers in the market.
|
Segmentations |
List of Sub-Segments |
Segments with High Growth Opportunity |
|
Application Type Analysis |
Rocket Fuel, Waterproof Coatings & Membranes, Adhesives, Sealants, Electrical & Electronics, and Others |
Rocket fuel is estimated to hold the largest share of the market during the forecast period. |
|
Regional Analysis |
North America, Europe, Asia-Pacific, and Rest of the World |
North America is estimated to dominate the market during the forecast period. |
The market is segmented into rocket fuel, waterproof coatings & membranes, adhesives, sealants, electrical & electronics, and others. Rocket fuel is estimated to hold the largest share of the market during the forecast period. Extensive utilization of HTPB in the manufacturing of solid rocket motor propellants is the major factor driving segment growth in the market.
North America is estimated to dominate the market during the forecast period. Its dominance can be attributed to the increased usage of HTPB in both the aerospace & defense industries and the construction and civil engineering industries in the region.
Know the high-growth countries in this report. Register Here
The market is highly populated, with the presence of several local, regional, and global players. Most of the major players compete in some of the governing factors, including price, product offerings, regional presence, etc. The following are the key players in the HTPB market. Most of the major players are providing complete profile systems including profile seals.
Note: The above list does not necessarily include all the top players in the market.
Are you the leading player in this market? We would love to include your name. Write to us at [email protected]
This strategic assessment report, from Stratview Research, provides a comprehensive analysis that reflects today’s HTPB market realities and future market possibilities for the forecast period. The report segments and analyzes the market in the most detailed manner in order to provide a panoramic view of the market.
The vital data/information provided in the report can play a crucial role for market participants as well as investors in the identification of the low-hanging fruits available in the market as well as to formulate growth strategies to expedite their growth process.
This report offers high-quality insights and is the outcome of a detailed research methodology comprising extensive secondary research, rigorous primary interviews with industry stakeholders, and validation and triangulation with Stratview Research’s internal database and statistical tools.
More than 1,000 authenticated secondary sources, such as company annual reports, fact books, press releases, journals, investor presentations, white papers, patents, and articles, have been leveraged to gather the data.
We conducted more than 15 detailed primary interviews with market players across the value chain in all four regions and industry experts to obtain both qualitative and quantitative insights.
This report provides market intelligence in the most comprehensive way. The report structure has been kept such that it offers maximum business value. It provides critical insights into market dynamics and will enable strategic decision-making for existing market players as well as those willing to enter the market. The following are the key features of the report:
This report studies the market covering a period of 12 years of trend and forecast. The report provides detailed insights into the market dynamics to enable informed business decision-making and growth strategy formulation based on the opportunities present in the market.
The HTPB market is segmented into the following categories.
By Application Type
By End-Use Industry Type
By Region
With this detailed report, Stratview Research offers one of the following free customization options to our respectable clients:
Company Profiling
Competitive Benchmarking
Custom Research: Stratview Research offers custom research services across sectors. In case of any custom research requirement related to market assessment, competitive benchmarking, sourcing and procurement, target screening, and others, please send your inquiry to [email protected].
HTPB stands for hydroxyl-terminated polybutadiene. It is an oligomer of butadiene terminated at each end with a hydroxyl functional group and is a translucent liquid with a similar color to wax paper and a viscosity similar to corn syrup.
The HTPB market was estimated at USD 150 million in 2024.
The forecasted value of the HTPB market is expected to be USD 193.3 million in 2030.
The HTPB market is likely to grow at a CAGR of 4.2% during 2025-2030.
Evonik Industries, Total Cray Valley, Idemitsu Kosan, CRS Chemicals, Emerald Performance Materials, LLC, Island Pyrochemical Industries Corporation, Zibo Qilong Chemical Industry, Aerocon Systems, Monomer-Polymer, and Dajac Labs.
North America is estimated to remain dominant in the market in the foreseeable future. Its dominance can be attributed to the increased usage of HTPB in both the aerospace & defense and construction and civil engineering industries in the region.
Rocket fuel is estimated to be the dominant application type in the market during the forecast period. Extensive utilization of HTPB in the manufacturing of solid rocket motor propellants is the major factor driving segment growth in the market.
Factors such as increasing investment in space technologies and growing demand for self-healing materials in electronic products, automobiles, military equipment, and building materials are also expected to fuel the growth of the market in the coming years.
WE ACCEPT
