DUBLIN--(BUSINESS WIRE)--The "HTPB Market by Application (Rocket Fuel, Waterproof Coatings & Membranes, Adhesives, Sealants), by End-Use (Aerospace & Defense, Construction & Civil Engineering, Automotive, Electrical & Electronics), and Region - Global Forecast to 2022" report has been added to ResearchAndMarkets.com's offering.
The HTPB market size is estimated to be USD 131.9 million in 2017 and is projected to reach USD 215.7 million by 2022, at a CAGR of 10.3% between 2017 and 2022.
HTPB is a telechelic (macro-molecule that contains two reactive end groups) polymer having an unsaturated hydrocarbon backbone. HTPB is currently used as rocket fuel and binder in the solid rocket propellants on smaller missiles and tactile systems (70 mt human-rated vehicles), which are the most common type of missiles. HTPB is also used in the construction & civil engineering industry to manufacture adhesives and sealants.
The growing electrical & electronics industry and investments in the aerospace & defense industry globally are expected to drive the market of HTPB during the forecast period. However, high price; stringent government regulations for manufacturing, exporting, and importing; and difficulties in handling HTPB are expected to hinder the market growth.
Key Topics Covered:
2 Research Methodology
3 Executive Summary
4 Premium Insights
5 Market Overview
6 HTPB Market, By Application
7 HTPB Market, By End-Use Industry
8 HTPB Market, Manufacturing Cost Overview
9 HTPB Market, By Region
10 Company Profiles
- Evonik Industries
- Total Cray Valley
- Idemitsu Kosan
- CRS Chemicals
- Emerald Performance Materials
- Island Pyrochemical Industries Corp
- Zibo Qilong Chemical Industry
- Aerocon Systems
- Monomer-Polymer and Dajac Labs
- Mach I
- Polymer Source
- RCS Rocket Motor Components
For more information about this report visit https://www.researchandmarkets.com/research/cx9l4z/global?w=4