Dublin, Aug. 24, 2023 (GLOBE NEWSWIRE) -- The "Global Hydroxyl Terminated Polybutadiene Market" report has been added to ResearchAndMarkets.com's offering.
The global hydroxyl terminated polybutadiene (HTPB) market is set to witness steady growth, with a projected increase of $57.48 million during the forecast period from 2022 to 2027. This growth is expected to accelerate at a stable Compound Annual Growth Rate (CAGR) of 5.01%.
These insights are derived from a comprehensive report on the HTPB market, offering an in-depth analysis of market trends, size, forecasts, growth drivers, challenges, and a vendor analysis covering around 25 vendors.
The report provides an up-to-date analysis of the current market scenario, offering insights into the latest trends, driving factors, and the overall market environment. Key drivers propelling this growth include the rising demand for adhesives and sealants, an increasing number of mergers and acquisitions, and the versatile applications of HTPB across various industries.
Market Segmentation:
The hydroxyl terminated polybutadiene market is segmented as follows:
By Application:
- Rocket fuel
- Paints
- Others
By End-user:
- Aerospace and defense
- Electrical and electronics
- Construction
- Automotive
- Others
By Geographical Landscape:
- North America
- Europe
- APAC
- Middle East and Africa
- South America
Driving Factors and Market Growth:
The study identifies the increased spending on space explorations as a significant driver behind the projected growth of the hydroxyl terminated polybutadiene market in the coming years. Additionally, the robust demand for solid rocket propellant and the expanding automotive sector are anticipated to drive the growth of the HTPB market.
Vendor Analysis and Future Outlook:
The report presents a comprehensive analysis of leading vendors within the hydroxyl terminated polybutadiene market, featuring prominent names such as Anant Pharmaceuticals Pvt. Ltd., Antares Chem Pvt. Ltd., C.R. Supply Co., Cole Parmer Instrument Co. LLC, Entegris Inc., Evonik Industries AG, Headworks International, Island Pyrochemical Industries Corp., Kunshan PG Chem Co. Ltd., Lanxess AG, Mach I Inc., mr natural environmental group, OHAir, Orion Chem Pvt. Ltd., PapChem International LLC, RCS Rocket Motor Components Inc., RXChemicals, TotalEnergies SE, and Idemitsu Kosan Co. Ltd.
Furthermore, the report explores upcoming trends and challenges poised to impact market growth. This information empowers businesses to devise effective strategies and capitalize on emerging growth opportunities.
Methodology:
The study was conducted using a comprehensive blend of primary and secondary data sources, incorporating insights from key industry participants. The report offers a comprehensive depiction of the market and vendor landscape, coupled with an in-depth analysis of pivotal vendors. The provided data is a result of rigorous research, combining primary and secondary sources to ensure accuracy and comprehensiveness.
Future Prospects for the Hydroxyl Terminated Polybutadiene Market:
In summary, the hydroxyl terminated polybutadiene market is poised for steady growth, projected to achieve a surge of $57.48 million by 2027, driven by a stable CAGR of 5.01%. The comprehensive vendor analysis and detailed market insights within the report empower businesses to enhance their market positions and capitalize on emerging growth prospects.
A selection of companies mentioned in this report includes
- Anant Pharmaceuticals Pvt. Ltd.
- Antares Chem Pvt. Ltd.
- C.R. Supply Co.
- Cole Parmer Instrument Co. LLC
- Entegris Inc.
- Evonik Industries AG
- Headworks International
- Island Pyrochemical Industries Corp.
- Kunshan PG Chem Co. Ltd.
- Lanxess AG
- Mach I Inc.
- mr natural environmental group
- OHAir
- Orion Chem Pvt. Ltd.
- PapChem International LLC
- RCS Rocket Motor Components Inc.
- RXChemicals
- TotalEnergies SE
- Idemitsu Kosan Co. Ltd.
For more information about this report visit https://www.researchandmarkets.com/r/8a7bsf
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