Short Description
Asia-Pacific Hydroxyl-Terminated Polybutadiene (HTPB) Market, By Product (Conventional Hydroxyl Terminated Polybutadienes and Low Molecular Weight Hydroxyl Terminated Polybutadienes), Application (Rocket Fuel, Rubber Material, Paint, Polyurethane and Others), End-Use (Building & Construction, Aerospace & Defense, Automotive, Electrical & Electronics, Construction, Packaging, and Others), Country (China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific), Market Trends and Forecast to 2029.
Market Definition
Hydroxyl-terminated polybutadiene (HTPB) is an oligomer of the chemical compound butadiene with hydroxyl functional groups completed at the individual end. Polyurethane polymers are produced with the reaction of hydroxyl-terminated polybutadiene with isocyanates. It is a liquid that is translucent and has a color similar to that of wax paper and viscosity texture as that of corn syrup. The major application area for the HTPB compounds is solid rocket propellant. Due to the properties such as excellent hydrophobicity, low glass transition temperatures, and low volatiles content, these polybutadienes are used majorly in aerospace and defense industries.
Market Segmentation
Asia-Pacific hydroxyl-terminated polybutadiene (HTPB) market is segmented into three notable segments, which are based on the basis of product, application, and end-use.
On the basis of product, the Asia-Pacific hydroxyl-terminated polybutadiene (HTPB) market is segmented into conventional hydroxyl-terminated polybutadienes and low molecular weight hydroxyl-terminated polybutadienes
On the basis of application, the Asia-Pacific hydroxyl-terminated polybutadiene (HTPB) market is segmented into rocket fuel, rubber material, paint, polyurethane, and others
On the basis of end-use, the Asia-Pacific hydroxyl-terminated polybutadiene (HTPB) market is segmented into building & construction, aerospace & defense, automotive, electrical & electronics, construction, packaging, and others
The major players operating in the Asia-Pacific hydroxyl-terminated polybutadiene (HTPB) market
Evonik Industries AG
Idemitsu Kosan Co.,Ltd
Cray Valley (A Subsidiary of TotalEnergies)
Polymer Source. Inc.
NIPPON SODA CO., LTD.
Island Pyrochemical Industries (IPI)
Among others.
TABLE OF CONTENTS
1 INTRODUCTION 32
1.1 OBJECTIVES OF THE STUDY 32
1.2 MARKET DEFINITION 32
1.3 OVERVIEW OF ASIA PACIFIC HYDROXYL-TERMINATED POLYBUTADIENE (HTPB) MARKET 32
1.4 LIMITATIONS 34
1.5 MARKETS COVERED 35
2 MARKET SEGMENTATION 37
2.1 MARKETS COVERED 37
2.2 GEOGRAPHICAL SCOPE 38
2.3 YEARS CONSIDERED FOR THE STUDY 39
2.4 CURRENCY AND PRICING 39
2.5 DBMR TRIPOD DATA VALIDATION MODEL 40
2.6 THE PRODUCT LIFE LINE CURVE 43
2.7 MULTIVARIATE MODELING 44
2.8 PRIMARY INTERVIEWS WITH KEY OPINION LEADERS 45
2.9 DBMR MARKET POSITION GRID 46
2.10 MARKET END USE COVERAGE GRID 47
2.11 DBMR MARKET CHALLENGE MATRIX 48
2.12 VENDOR SHARE ANALYSIS 49
2.13 IMPORT-EXPORT DATA 50
2.14 SECONDARY SOURCES 51
2.15 ASSUMPTIONS 52
3 EXECUTIVE SUMMARY 53
4 PREMIUM INSIGHTS 56
4.1 PORTER'S FIVE FORCES: 57
4.1.1 THREAT OF NEW ENTRANTS: 57
4.1.2 THREAT OF SUBSTITUTES: 57
4.1.3 CUSTOMER BARGAINING POWER: 58
4.1.4 SUPPLIER BARGAINING POWER: 58
4.1.5 INTERNAL COMPETITION (RIVALRY): 58
4.2 PESTLE ANALYSIS 60
4.2.1 OVERVIEW 60
4.2.2 POLITICAL FACTORS 60
4.2.3 ENVIRONMENTAL FACTORS 60
4.2.4 SOCIAL FACTORS 61
4.2.5 TECHNOLOGICAL FACTORS 61
4.2.6 ECONOMICAL FACTORS 61
4.2.7 LEGAL FACTORS 62
4.2.8 CONCLUSION 62
4.3 IMPORT EXPORT SCENARIO 63
4.4 POTENTIAL BUYERS LIST 64
4.5 CLIMATE CHANGE SCENARIO 65
4.6 RAW MATERIALS PRODUCTION COVERAGE 67
4.7 SUPPLY CHAIN ANALYSIS 68
4.7.1 OVERVIEW 68
4.7.2 LOGISTIC COST SCENARIO 68
4.7.3 IMPORTANCE OF LOGISTICS SERVICE PROVIDERS 69
4.8 PRODUCTION AND CONSUMPTION ANALYSIS 70
4.9 TECHNOLOGICAL ADVANCEMENT BY MANUFACTURERS 71
4.10 VENDOR SELECTION CRITERIA 72
4.11 REGULATORY FRAMEWORK 73
5 MARKET OVERVIEW 75
5.1 DRIVERS 77
5.1.1 GROWING DEMAND FOR INNOVATIVE AEROSPACE COMPONENTS 77
5.1.2 GAINING POPULARITY OF HYDROXYL-TERMINATED POLYBUTADIENE (HTPB) IN THE AUTOMOTIVE INDUSTRY 77
5.1.3 USE OF HYDROXYL-TERMINATED POLYBUTADIENE (HTPB) IN SOLID ROCKET PROPELLANT 78
5.1.4 POSITIVE OUTLOOK TOWARD CONSUMER ELECTRONIC GOODS 79
5.1.5 GROWING USE OF HYDROXYL-TERMINATED POLYBUTADIENE (HTPB) IN ADHESIVES USED FOR CONSTRUCTION 79
5.1.6 INCREASING INVESTMENT IN THE SPACE TECHNOLOGIES AROUND THE WORLD 80
5.2 RESTRAINTS 82
5.2.1 HIGH STRAIN RATE AND SHOCK PROPERTIES OF HYDROXYL-TERMINATED POLYBUTADIENE (HTPB) 82
5.2.2 HYDROXYL-TERMINATED POLYBUTADIENE (HTPB) GRAIN CANNOT BE RESHAPED, REUSED, OR RECYCLED 82
5.3 OPPORTUNITIES 83
5.3.1 TECHNOLOGICAL PROGRESS IN PROPELLANTS USING HYDROXYL-TERMINATED POLYBUTADIENE 83
5.3.2 RISING GOVERNMENT INITIATIVES FOR EMERGING NATIONS 83
5.4 CHALLENGES 84
5.4.1 DIFFICULTIES IN HANDLING THE RESINS 84
5.4.2 PRESENCE OF SUBSTITUTE PRODUCTS 84
6 ASIA PACIFIC HYDROXYL-TERMINATED POLYBUTADIENE (HTPB) MARKET, BY PRODUCT 86
6.1 OVERVIEW 87
6.2 LOW MOLECULAR WEIGHT HYDROXYL TERMINATED POLYBUTADIENES 89
6.3 CONVENTIONAL HYDROXYL TERMINATED POLYBUTADIENES 90
7 ASIA PACIFIC HYDROXYL-TERMINATED POLYBUTADIENE (HTPB) MARKET, BY APPLICATION 91
7.1 OVERVIEW 92
7.2 ROCKET FUEL 93
7.3 POLYURETHANE 94
7.3.1 ADHESIVES AND SEALANTS 94
7.3.2 MEMBRANES 95
7.3.3 SURFACE COATINGS 95
7.3.4 POTTING AND ENCAPSULATION 95
7.3.5 OTHERS 95
7.4 PAINT 95
7.5 RUBBER MATERIAL 96
7.6 OTHERS 97
8 ASIA PACIFIC HYDROXYL-TERMINATED POLYBUTADIENE (HTPB) MARKET, BY END USE 98
8.1 OVERVIEW 99
8.2 AEROSPACE & DEFENCE 100
8.2.1 LOW MOLECULAR WEIGHT HYDROXYL TERMINATED POLYBUTADIENES 101
8.2.2 CONVENTIONAL HYDROXYL TERMINATED POLYBUTADIENES 101
8.3 AUTOMOTIVE 101
8.3.1 LOW MOLECULAR WEIGHT HYDROXYL TERMINATED POLYBUTADIENES 102
8.3.2 CONVENTIONAL HYDROXYL TERMINATED POLYBUTADIENES 102
8.4 BUILDING AND CONSTRUCTION 102
8.4.1 LOW MOLECULAR WEIGHT HYDROXYL TERMINATED POLYBUTADIENES 103
8.4.2 CONVENTIONAL HYDROXYL TERMINATED POLYBUTADIENES 103
8.5 ELECTRICAL & ELECTRONICS 104
8.5.1 LOW MOLECULAR WEIGHT HYDROXYL TERMINATED POLYBUTADIENES 104
8.5.2 CONVENTIONAL HYDROXYL TERMINATED POLYBUTADIENES 105
8.6 PACKAGING 105
8.6.1 LOW MOLECULAR WEIGHT HYDROXYL TERMINATED POLYBUTADIENES 106
8.6.2 CONVENTIONAL HYDROXYL TERMINATED POLYBUTADIENES 106
8.7 OTHERS 106
8.7.1 LOW MOLECULAR WEIGHT HYDROXYL TERMINATED POLYBUTADIENES 107
8.7.2 CONVENTIONAL HYDROXYL TERMINATED POLYBUTADIENES 107
9 ASIA PACIFIC HYDROXYL-TERMINATED POLYBUTADIENE (HTPB) MARKET, BY GEOGRAPHY 108
9.1 ASIA-PACIFIC 109
9.1.1 CHINA 118
9.1.2 INDIA 122
9.1.3 JAPAN 126
9.1.4 AUSTRALIA & NEW ZEALAND 130
9.1.5 SOUTH KOREA 134
9.1.6 SINGAPORE 138
9.1.7 THAILAND 142
9.1.8 INDONESIA 146
9.1.9 MALAYSIA 150
9.1.10 PHILIPPINES 154
9.1.11 REST OF ASIA-PACIFIC 158
10 ASIA PACIFIC HYDROXYL-TERMINATED POLYBUTADIENE (HTPB) MARKET, COMPANY LANDSCAPE 159
10.1 COMPANY SHARE ANALYSIS: ASIA PACIFIC 159
10.2 MERGERS & ACQUISITIONS 160
10.3 EXPANSIONS 160
10.4 NEW PRODUCT DEVELOPMENT 160
11 SWOT ANALYSIS 161
12 COMPANY PROFILES 162
12.1 EVONIK INDUSTRIES AG 162
12.1.1 COMPANY SNAPSHOT 162
12.1.2 REVENUE ANALYSIS 162
12.1.3 COMPANY SHARE ANALYSIS 163
12.1.4 PRODUCT PORTFOLIO 163
12.1.5 RECENT UPDATES 163
12.2 CRAY VALLEY (A SUBSIDIARY OF TOTALENERGIES) 165
12.2.1 COMPANY SNAPSHOT 165
12.2.2 REVENUE ANALYSIS 165
12.2.3 COMPANY SHARE ANALYSIS 166
12.2.4 PRODUCT PORTFOLIO 166
12.2.5 RECENT UPDATES 166
12.3 IDEMITSU KOSAN CO., LTD. 167
12.3.1 COMPANY SNAPSHOT 167
12.3.2 REVENUE ANALYSIS 167
12.3.3 COMPANY SHARE ANALYSIS 168
12.3.4 PRODUCT PORTFOLIO 168
12.3.5 RECENT UPDATES 169
12.4 NIPPON SODA CO., LTD. 170
12.4.1 COMPANY SNAPSHOT 170
12.4.2 REVENUE ANALYSIS 170
12.4.3 COMPANY SHARE ANALYSIS 171
12.4.4 PRODUCT PORTFOLIO 171
12.4.5 RECENT UPDATE 171
12.5 CRS CHEMICALS 172
12.5.1 COMPANY SNAPSHOT 172
12.5.2 PRODUCT PORTFOLIO 172
12.5.3 RECENT UPDATE 173
12.6 ISLAND PYROCHEMICAL INDUSTRIES (IPI) 174
12.6.1 COMPANY SNAPSHOT 174
12.6.2 PRODUCT PORTFOLIO 174
12.6.3 RECENT UPDATE 174
12.7 MONOMER-POLYMER & DAJAC LABS (A SUBSIDIARY OF ENTEGRIS) 175
12.7.1 COMPANY SNAPSHOT 175
12.7.2 REVENUE ANALYSIS 175
12.7.3 PRODUCT PORTFOLIO 176
12.7.4 RECENT UPDATE 176
12.8 POLYMER SOURCE. INC. 177
12.8.1 COMPANY SNAPSHOT 177
12.8.2 PRODUCT PORTFOLIO 177
12.8.3 RECENT UPDATE 178
13 QUESTIONNAIRES 179
14 RELATED REPORTS 182