- In January 2024, Evonik Industries AG expanded its production capacities for Hydroxyl-Terminated Polybutadienes (HTPB) at Marl, Germany site by 50%. This development aims to meet the growing global demand for HTPB in industries such as aerospace and specialty adhesives. The expanded capacity is expected to enhance supply reliability and further establish Evonik as a leading supplier in this sector
- In February 2024, Resin Solutions, LLC completed its acquisition of polybutadiene resin product lines from TotalEnergies. This strategic acquisition expands their capabilities and strengthens their position in the adhesives and coatings market. The move aligns with their ongoing efforts to enhance their portfolio and offer innovative solutions to customers
Table of Content
1 INTRODUCTION
1.1 OBJECTIVES OF THE STUDY
1.2 MARKET DEFINITION
1.3 OVERVIEW
1.4 LIMITATIONS
1.5 MARKETS COVERED
2 MARKET SEGMENTATION
2.1 MARKETS COVERED
2.2 GEOGRAPHICAL SCOPE
2.3 YEARS CONSIDERED FOR THE STUDY
2.4 CURRENCY AND PRICING
2.5 DBMR TRIPOD DATA VALIDATION MODEL
2.6 MULTIVARIATE MODELING
2.7 PRIMARY INTERVIEWS WITH KEY OPINION LEADERS
2.8 DBMR MARKET POSITION GRID
2.9 DBMR VENDOR SHARE ANALYSIS
2.1 MARKET APPLICATION COVERAGE GRID
2.11 SECONDARY SOURCES
2.12 ASSUMPTIONS
3 EXECUTIVE SUMMARY
4 PREMIUM INSIGHTS
4.1 PESTEL ANALYSIS
4.1.1 POLITICAL FACTORS
4.1.2 ECONOMIC FACTORS
4.1.3 SOCIAL FACTORS
4.1.4 TECHNOLOGICAL FACTORS
4.1.5 ENVIRONMENTAL FACTORS
4.1.6 LEGAL FACTORS
4.2 PORTER'S FIVE FORCES:
4.2.1 THREAT OF NEW ENTRANTS
4.2.2 THREAT OF SUBSTITUTES
4.2.3 CUSTOMER BARGAINING POWER
4.2.4 SUPPLIER BARGAINING POWER
4.2.5 INTERNAL COMPETITION
4.3 IMPORT EXPORT SCENARIO
4.4 VENDOR SELECTION CRITERIA
4.4.1 PRODUCT QUALITY AND CONSISTENCY
4.4.2 TECHNICAL EXPERTISE AND CUSTOMIZATION CAPABILITIES
4.4.3 SUPPLY CHAIN RELIABILITY AND LEAD TIMES
4.4.4 COST COMPETITIVENESS AND VALUE PROPOSITION
4.4.5 SUSTAINABILITY AND ENVIRONMENTAL CONSIDERATIONS
4.4.6 REGULATORY COMPLIANCE AND CERTIFICATIONS
4.4.7 CUSTOMER SERVICE AND AFTER-SALES SUPPORT
4.4.8 INNOVATION AND MARKET LEADERSHIP
4.4.9 CONCLUSION
4.5 CLIMATE CHANGE SCENARIO
4.5.1 ENVIRONMENTAL CONCERNS
4.5.2 INDUSTRY RESPONSE
4.5.3 GOVERNMENT’S ROLE
4.5.4 ANALYST’S RECOMMENDATIONS
4.6 HTPB AND ITS PROCUREMENT BY DEPARTMENT OF DEFENSE (DOD)
4.6.1 DEPARTMENT OF DEFENSE PROCUREMENT IN THE HTPB MARKET
4.6.1.1 MISSILE DEFENSE SYSTEMS
4.6.1.2 TACTICAL AND THEATER MISSILES
4.6.1.3 HYPERSONIC AND ADVANCED WEAPONS DEVELOPMENT
4.6.2 ROLE AND OPERATIONS OF RESIN SOLUTIONS (FORMERLY CRAY VALLEY)
4.6.3 HTPB MARKET DYNAMICS AND SUPPLY CHAIN
4.6.4 MARKET TRENDS AND FUTURE OUTLOOK
4.7 RAW MATERIAL PRODUCTION COVERAGE
4.8 SUPPLY CHAIN ANALYSIS
4.8.1 OVERVIEW
4.8.2 LOGISTIC COST SCENARIO
4.8.3 IMPORTANCE OF LOGISTIC SERVICE PROVIDERS
4.9 TECHNOLOGICAL ADVANCEMENT BY MANUFACTURERS
4.9.1 ENHANCED POLYMERIZATION TECHNIQUES
4.9.2 CUSTOMIZED PROPERTIES FOR SPECIALIZED APPLICATIONS
4.9.3 SUSTAINABILITY AND GREEN CHEMISTRY
4.9.4 IMPROVED MANUFACTURING EFFICIENCY AND AUTOMATION
4.9.5 ADVANCES IN PRODUCT TESTING AND QUALITY CONTROL
4.9.6 CONCLUSION
5 REGULATION COVERAGE
5.1 U.S. REGULATIONS
5.2 CANADIAN REGULATIONS
6 MARKET OVERVIEW
6.1 DRIVERS
6.1.1 GROWING DEMAND FOR INNOVATIVE AEROSPACE COMPONENTS
6.1.2 GAINING POPULARITY OF HYDROXYL-TERMINATED POLYBUTADIENE (HTPB) IN THE AUTOMOTIVE INDUSTRY
6.1.3 USE OF HYDROXYL-TERMINATED POLYBUTADIENE (HTPB) IN SOLID ROCKET PROPELLANT
6.1.4 POSITIVE OUTLOOK TOWARD CONSUMER ELECTRONIC GOODS
6.2 RESTRAINTS
6.2.1 HIGH STRAIN RATE AND SHOCK PROPERTIES OF HYDROXYL-TERMINATED POLYBUTADIENE (HTPB)
6.2.2 HYDROXYL-TERMINATED POLYBUTADIENE (HTPB) GRAIN CAN NOT BE RESHAPED, REUSED, OR RECYCLED
6.3 OPPORTUNITIES
6.3.1 TECHNOLOGICAL PROGRESS IN PROPELLANTS USING HYDROXYL-TERMINATED POLYBUTADIENE
6.3.2 RISING GOVERNMENT INITIATIVES FOR EMERGING NATIONS
6.4 CHALLENGES
6.4.1 DIFFICULTIES IN HANDLING THE RESINS
6.4.2 PRESENCE OF SUBSTITUTE PRODUCTS
7 NORTH AMERICA HYDROXYL-TERMINATED POLYBUTADIENE (HTPB) MARKET, BY PRODUCT
7.1 OVERVIEW
7.1.1 OW MOLECULAR WEIGHT HYDROXYL TERMINATED POLYBUTADIENES
7.1.2 CONVENTIONAL HYDROXYL TERMINATED POLYBUTADIENES
8 NORTH AMERICA HYDROXYL-TERMINATED POLYBUTADIENE (HTPB) MARKET, BY APPLICATION
8.1 OVERVIEW
8.2 ROCKET FUEL
8.3 POLYURETHANE
8.3.1 POLYURETHANE, BY APPLICATION
8.4 PAINT
8.5 RUBBER MATERIAL
8.6 OTHERS
9 NORTH AMERICA HYDROXYL-TERMINATED POLYBUTADIENE (HTPB) MARKET, BY END USE
9.1 OVERVIEW
9.2 AEROSPACE & DEFENSE
9.2.1 AEROSPACE & DEFENSE, BY PRODUCT
9.3 AUTOMOTIVE
9.3.1 AUTOMOTIVE, BY PRODUCT
9.4 BUILDING & CONSTRUCTION
9.4.1 BUILDING & CONSTRUCTION, BY PRODUCT
9.5 ELECTRICAL & ELECTRONICS
9.5.1 ELECTRICAL & ELECTRONICS, BY PRODUCT
9.6 PACKAGING
9.6.1 PACKAGING, BY PRODUCT
9.7 OTHERS
9.7.1 OTHERS, BY PRODUCT
10 NORTH AMERICA HYDROXYL-TERMINATED POLYBUTADIENE (HTPB) MARKET, BY COUNTRY
10.1 NORTH AMERICA
10.1.1 U.S.
10.1.2 CANADA
10.1.3 MEXICO
11 NORTH AMERICA HYDROXYL-TERMINATED POLYBUTADIENE (HTPB) MARKET: COMPANY LANDSCAPE
11.1 COMPANY SHARE ANALYSIS: NORTH AMERICA
12 SWOT ANALYSIS
13 COMPANY PROFILES
13.1 EVONIK INDUSTRIES AG
13.1.1 COMPANY SNAPSHOT
13.1.2 REVENUE ANALYSIS
13.1.3 PRODUCT PORTFOLIO
13.1.4 RECENT UPDATES
13.2 IDEMITSU KOSAN CO., LTD.
13.2.1 COMPANY SNAPSHOT
13.2.2 REVENUE ANALYSIS
13.2.3 PRODUCT PORTFOLIO
13.2.4 RECENT UPDATES
13.3 NIPPON SODA CO., LTD.
13.3.1 COMPANY SNAPSHOT
13.3.2 REVENUE ANALYSIS
13.3.3 PRODUCT PORTFOLIO
13.3.4 RECENT UPDATE
13.4 RESIN SOLUTIONS, LLC
13.4.1 COMPANY SNAPSHOT
13.4.2 PRODUCT PORTFOLIO
13.4.3 RECENT UPDATES
13.5 ISLAND PYROCHEMICAL INDUSTRIES (IPI)
13.5.1 COMPANY SNAPSHOT
13.5.2 PRODUCT PORTFOLIO
13.5.3 RECENT UPDATE
13.6 CRS CHEMICALS
13.6.1 COMPANY SNAPSHOT
13.6.2 PRODUCT PORTFOLIO
13.6.3 RECENT UPDATE
13.7 POLYMER SOURCE. INC.
13.7.1 COMPANY SNAPSHOT
13.7.2 PRODUCT PORTFOLIO
13.7.3 RECENT UPDATE
14 QUESTIONNAIRE
15 RELATED REPORTS
List of Table
TABLE 1 RAW MATERIAL PRODUCTION COVERAGE
TABLE 2 REGULATIONS ACROSS VARIOUS REGIONS AND COUNTRIES
TABLE 3 NORTH AMERICA HYDROXYL-TERMINATED POLYBUTADIENE (HTPB) MARKET, BY PRODUCT, 2018-2032 (USD THOUSAND)
TABLE 4 NORTH AMERICA HYDROXYL-TERMINATED POLYBUTADIENE (HTPB) MARKET, BY PRODUCT, 2018-2032 (KILO TONS)
TABLE 5 NORTH AMERICA HYDROXYL-TERMINATED POLYBUTADIENE (HTPB) MARKET, BY PRODUCT, 2018-2032 (PRICE (USD/KG)
TABLE 6 NORTH AMERICA HYDROXYL-TERMINATED POLYBUTADIENE (HTPB) MARKET, BY APPLICATION, 2018-2032 (USD THOUSAND)
TABLE 7 NORTH AMERICA POLYURETHANE IN HYDROXYL-TERMINATED POLYBUTADIENE (HTPB) MARKET, BY APPLICATION, 2018-2032 (USD THOUSAND)
TABLE 8 NORTH AMERICA HYDROXYL-TERMINATED POLYBUTADIENE (HTPB) MARKET, BY END USE, 2018-2032 (USD THOUSAND)
TABLE 9 NORTH AMERICA AEROSPACE & DEFENSE IN HYDROXYL-TERMINATED POLYBUTADIENE MARKET, PRODUCT, 2018-2032 (USD THOUSAND)
TABLE 10 NORTH AMERICA AUTOMOTIVE IN HYDROXYL-TERMINATED POLYBUTADIENE (HTPB) MARKET, BY PRODUCT, 2018-2032 (USD THOUSAND)
TABLE 11 NORTH AMERICA BUILDING & CONSTRUCTION IN HYDROXYL-TERMINATED POLYBUTADIENE (HTPB) MARKET, BY PRODUCT, 2018-2032 (USD THOUSAND)
TABLE 12 NORTH AMERICA ELECTRICAL & ELECTRONICS IN HYDROXYL-TERMINATED POLYBUTADIENE (HTPB) MARKET, BY PRODUCT, 2018-2032 (USD THOUSAND)
TABLE 13 NORTH AMERICA PACKAGING IN HYDROXYL-TERMINATED POLYBUTADIENE (HTPB) MARKET, BY PRODUCT, 2018-2032 (USD THOUSAND)
TABLE 14 NORTH AMERICA OTHERS IN HYDROXYL-TERMINATED POLYBUTADIENE MARKET, BY PRODUCT, 2018-2032 (USD THOUSAND)
TABLE 15 NORTH AMERICA HYDROXYL-TERMINATED POLYBUTADIENE (HTPB) MARKET, BY COUNTRY, 2018-2032 (USD THOUSAND)
TABLE 16 NORTH AMERICA HYDROXYL-TERMINATED POLYBUTADIENE (HTPB) MARKET, BY COUNTRY, 2018-2032 (KILO TONS)
TABLE 17 U.S. HYDROXYL-TERMINATED POLYBUTADIENE (HTPB) MARKET, BY PRODUCT, 2018-2032 (USD THOUSAND)
TABLE 18 U.S. HYDROXYL-TERMINATED POLYBUTADIENE (HTPB) MARKET, BY PRODUCT, 2018-2032 (KILO TONS)
TABLE 19 U.S. HYDROXYL-TERMINATED POLYBUTADIENE (HTPB) MARKET, BY APPLICATION, 2018-2032 (USD THOUSAND)
TABLE 20 U.S. POLYURETHANE IN HYDROXYL-TERMINATED POLYBUTADIENE (HTPB) MARKET, BY APPLICATION, 2018-2032 (USD THOUSAND)
TABLE 21 U.S. HYDROXYL-TERMINATED POLYBUTADIENE (HTPB) MARKET, BY END USE, 2018-2032 (USD THOUSAND)
TABLE 22 U.S. AEROSPACE & DEFENSE IN HYDROXYL-TERMINATED POLYBUTADIENE (HTPB) MARKET, BY PRODUCT, 2018-2032 (USD THOUSAND)
TABLE 23 U.S. AUTOMOTIVE IN HYDROXYL-TERMINATED POLYBUTADIENE (HTPB) MARKET, BY PRODUCT, 2018-2032 (USD THOUSAND)
TABLE 24 U.S. BUILDING & CONSTRUCTION IN HYDROXYL-TERMINATED POLYBUTADIENE (HTPB) MARKET, BY PRODUCT, 2018-2032 (USD THOUSAND)
TABLE 25 U.S. ELECTRICAL & ELECTRONICS IN HYDROXYL-TERMINATED POLYBUTADIENE (HTPB) MARKET, BY PRODUCT, 2018-2032 (USD THOUSAND)
TABLE 26 U.S. PACKAGING IN HYDROXYL-TERMINATED POLYBUTADIENE (HTPB) MARKET, BY PRODUCT, 2018-2032 (USD THOUSAND)
TABLE 27 U.S. OTHERS IN HYDROXYL-TERMINATED POLYBUTADIENE (HTPB) MARKET, BY PRODUCT, 2018-2032 (USD THOUSAND)
TABLE 28 CANADA HYDROXYL-TERMINATED POLYBUTADIENE (HTPB) MARKET, BY PRODUCT, 2018-2032 (USD THOUSAND)
TABLE 29 CANADA HYDROXYL-TERMINATED POLYBUTADIENE (HTPB) MARKET, BY PRODUCT, 2018-2032 (KILO TONS)
TABLE 30 CANADA HYDROXYL-TERMINATED POLYBUTADIENE (HTPB) MARKET, BY APPLICATION, 2018-2032 (USD THOUSAND)
TABLE 31 CANADA POLYURETHANE IN HYDROXYL-TERMINATED POLYBUTADIENE (HTPB) MARKET, BY APPLICATION, 2018-2032 (USD THOUSAND)
TABLE 32 CANADA HYDROXYL-TERMINATED POLYBUTADIENE (HTPB) MARKET, BY END USE, 2018-2032 (USD THOUSAND)
TABLE 33 CANADA AEROSPACE & DEFENSE IN HYDROXYL-TERMINATED POLYBUTADIENE (HTPB) MARKET, BY PRODUCT, 2018-2032 (USD THOUSAND)
TABLE 34 CANADA AUTOMOTIVE IN HYDROXYL-TERMINATED POLYBUTADIENE (HTPB) MARKET, BY PRODUCT, 2018-2032 (USD THOUSAND)
TABLE 35 CANADA BUILDING & CONSTRUCTION IN HYDROXYL-TERMINATED POLYBUTADIENE (HTPB) MARKET, BY PRODUCT, 2018-2032 (USD THOUSAND)
TABLE 36 CANADA ELECTRICAL & ELECTRONICS IN HYDROXYL-TERMINATED POLYBUTADIENE (HTPB) MARKET, BY PRODUCT, 2018-2032 (USD THOUSAND)
TABLE 37 CANADA PACKAGING IN HYDROXYL-TERMINATED POLYBUTADIENE (HTPB) MARKET, BY PRODUCT, 2018-2032 (USD THOUSAND)
TABLE 38 CANADA OTHERS IN HYDROXYL-TERMINATED POLYBUTADIENE (HTPB) MARKET, BY PRODUCT, 2018-2032 (USD THOUSAND)
TABLE 39 MEXICO HYDROXYL-TERMINATED POLYBUTADIENE (HTPB) MARKET, BY PRODUCT, 2018-2032 (USD THOUSAND)
TABLE 40 MEXICO HYDROXYL-TERMINATED POLYBUTADIENE (HTPB) MARKET, BY PRODUCT, 2018-2032 (KILO TONS)
TABLE 41 MEXICO HYDROXYL-TERMINATED POLYBUTADIENE (HTPB) MARKET, BY APPLICATION, 2018-2032 (USD THOUSAND)
TABLE 42 MEXICO POLYURETHANE IN HYDROXYL-TERMINATED POLYBUTADIENE (HTPB) MARKET, BY APPLICATION, 2018-2032 (USD THOUSAND)
TABLE 43 MEXICO HYDROXYL-TERMINATED POLYBUTADIENE (HTPB) MARKET, BY END USE, 2018-2032 (USD THOUSAND)
TABLE 44 MEXICO AEROSPACE & DEFENSE IN HYDROXYL-TERMINATED POLYBUTADIENE (HTPB) MARKET, BY PRODUCT, 2018-2032 (USD THOUSAND)
TABLE 45 MEXICO AUTOMOTIVE IN HYDROXYL-TERMINATED POLYBUTADIENE (HTPB) MARKET, BY PRODUCT, 2018-2032 (USD THOUSAND)
TABLE 46 MEXICO BUILDING & CONSTRUCTION IN HYDROXYL-TERMINATED POLYBUTADIENE (HTPB) MARKET, BY PRODUCT, 2018-2032 (USD THOUSAND)
TABLE 47 MEXICO ELECTRICAL & ELECTRONICS IN HYDROXYL-TERMINATED POLYBUTADIENE (HTPB) MARKET, BY PRODUCT, 2018-2032 (USD THOUSAND)
TABLE 48 MEXICO PACKAGING IN HYDROXYL-TERMINATED POLYBUTADIENE (HTPB) MARKET, BY PRODUCT, 2018-2032 (USD THOUSAND)
TABLE 49 MEXICO OTHERS IN HYDROXYL-TERMINATED POLYBUTADIENE (HTPB) MARKET, BY PRODUCT, 2018-2032 (USD THOUSAND)
List of Figure
FIGURE 1 NORTH AMERICA HYDROXYL-TERMINATED POLYBUTADIENE (HTPB) MARKET
FIGURE 2 NORTH AMERICA HYDROXYL-TERMINATED POLYBUTADIENE (HTPB) MARKET: DATA TRIANGULATION
FIGURE 3 NORTH AMERICA HYDROXYL-TERMINATED POLYBUTADIENE (HTPB) MARKET: DROC ANALYSIS
FIGURE 4 NORTH AMERICA HYDROXYL-TERMINATED POLYBUTADIENE (HTPB) MARKET: REGIONAL VS COUNTRIES MARKET ANALYSIS
FIGURE 5 NORTH AMERICA HYDROXYL-TERMINATED POLYBUTADIENE (HTPB) MARKET: COMPANY RESEARCH ANALYSIS
FIGURE 6 NORTH AMERICA HYDROXYL-TERMINATED POLYBUTADIENE (HTPB) MARKET: MULTIVARIATE MODELLING
FIGURE 7 NORTH AMERICA HYDROXYL-TERMINATED POLYBUTADIENE (HTPB) MARKET: INTERVIEW DEMOGRAPHICS
FIGURE 8 NORTH AMERICA HYDROXYL-TERMINATED POLYBUTADIENE (HTPB) MARKET: DBMR MARKET POSITION GRID
FIGURE 9 NORTH AMERICA HYDROXYL-TERMINATED POLYBUTADIENE (HTPB) MARKET: VENDOR SHARE ANALYSIS
FIGURE 10 NORTH AMERICA HYDROXYL-TERMINATED POLYBUTADIENE (HTPB) MARKET: APPLICATION COVERAGE GRID
FIGURE 11 NORTH AMERICA HYDROXYL-TERMINATED POLYBUTADIENE (HTPB) MARKET: SEGMENTATION
FIGURE 12 TWO SEGMENTS COMPRISE NORTH AMERICA HYDROXYL-TERMINATED POLYBUTADIENE (HTPB) MARKET, BY PRODUCT (2024)
FIGURE 13 EXECUTIVE SUMMARY
FIGURE 14 STRATEGIC DECISIONS
FIGURE 15 GROWING DEMAND FOR INNOVATIVE AEROSPACE COMPONENTS IS EXPECTED TO DRIVE THE NORTH AMERICA HYDROXYL-TERMINATED POLYBUTADIENE (HTPB) MARKET IN THE FORECAST PERIOD
FIGURE 16 THE LOW MOLECULAR WEIGHT HYDROXYL TERMINATED POLYBUTADIENES SEGMENT IS EXPECTED TO ACCOUNT FOR THE LARGEST SHARE OF THE NORTH AMERICA HYDROXYL-TERMINATED POLYBUTADIENE (HTPB) MARKET IN 2025 AND 2032
FIGURE 17 PESTEL ANALYSIS
FIGURE 18 IMPORT EXPORT SCENARIO (USD THOUSAND)
FIGURE 19 DRIVERS, RESTRAINTS, OPPORTUNITIES, AND CHALLENGES FOR THE NORTH AMERICA HYDROXYL-TERMINATED POLYBUTADIENE (HTPB) MARKET
FIGURE 20 NORTH AMERICA HYDROXYL-TERMINATED POLYBUTADIENE (HTPB) MARKET: BY PRODUCT, 2024
FIGURE 21 NORTH AMERICA HYDROXYL-TERMINATED POLYBUTADIENE (HTPB) MARKET: BY APPLICATION, 2024
FIGURE 22 NORTH AMERICA HYDROXYL-TERMINATED POLYBUTADIENE (HTPB) MARKET: BY END USE, 2024
FIGURE 23 NORTH AMERICA HYDROXYL-TERMINATED POLYBUTADIENE (HTPB) MARKET: SNAPSHOT (2024)
FIGURE 24 NORTH AMERICA HYDROXYL-TERMINATED POLYBUTADIENE (HTPB) MARKET: COMPANY SHARE 2024 (%)
