This report on the global
HTPB Market from Metastat Insight provides an insight into the current trends, future prospects, and several dynamics that epitomize this market. HTPB stands for hydroxyl-terminated polybutadiene, a specialty polymer that has come to hold immense importance in various industrial applications due to its unique properties.
Evonik Industries, Total Cray Valley, Idemitsu Kosan, CRS Chemicals, Island Pyrochemical Industries, Zibo Qilong Chemical Industry, Monomer-Polymer and Dajac Labs, RCS Rocket Motor Components, Inc., Emerald Performance Materials, Nippon Soda Co., Ltd.
Apart from this, the other properties include flexibility, low glass transition temperature, excellent resistance towards moisture and chemicals, thus making it a preferred material in aerospace and defense, and the automotive sector.
According to experiments conducted, the global HTPB market is expected to grow drastically over the coming years with increasing demand for high-end materials. Particular to the aerospace industry, the growth in the use of HTPB has been high, especially as a result of its application as a binder in solid rocket propellants.
For example, this is an application that exploits the very high mechanical properties of this polymer and its capacity to enhance systems of propulsion. Similarly, HTPB in the automotive industry finds applications where polyurethane materials produced using it help in raising fuel efficiency and therefore improve a vehicle's overall performance.
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