Asia-Pacific hydroxyl-terminated polybutadiene (HTPB) market is expected to reach at a substantial CAGR in the forecast period of 2019 to 2026. The market report contains data for the historic year 2017, the base year of calculation is 2018 and the forecast period is 2019 to 2026
By Type (Conventional Hydroxyl Terminated Polybutadienes, Low Molecular Weight Hydroxyl Terminated Polybutadienes), Application (Rocket Fuel, Waterproof Coatings & Membranes, Adhesives and Sealants, Potting and Encapsulation, Others), End-User (Aerospace & Defence, Automotive, Building and Construction, Electrical & Electronics, Others), Country (China, India, Japan, Australia, South Korea, Singapore, Thailand, Indonesia, Malaysia, Philippines, Rest of Asia-Pacific)
The major factors contributing to the growth of the market are:
> Recent investment in space technologies in India is driving the demand for HTPB
> Rising demand for propellant to be used in rocket fuels
Key Market Players
The key market players for Asia-Pacific hydroxyl-terminated polybutadiene (HTPB) market are listed below:
> CRS Chemicals
> Island Pyrochemical Industries (IPI)
> Zibo Qilong Chemical Co., Ltd.
> Cray Valley
> Orion Chem Pvt Ltd
> Polymer Source, Inc.
> Evonik Industries AG
> Idemitsu Kosan Co., Ltd.