羥基封端聚丁二烯市場規模、佔有率及成長分析（按應用、最終用途和地區分類）－2026-2033年產業預測

預計到 2024 年，全球羥基封端聚丁二烯市場規模將達到 2.624 億美元，到 2025 年將達到 2.8943 億美元，到 2033 年將達到 6.3409 億美元，預測期（2026-2033 年）的複合年成長率為 10.3%。

全球羥基封端聚丁二烯 (HTPB) 市場正經歷顯著成長，這主要得益於其在航太、國防、汽車和建築等領域的廣泛應用。 HTPB 是一種用途廣泛的液態聚合物，以其低揮發性和氧化穩定性而著稱，是固體火箭推進劑、黏合劑和密封劑的關鍵粘合劑。航太業對先進推進技術的日益重視進一步推動了對 HTPB 的需求。此外，全球軍事開支的成長，尤其是在飛彈和航太相關項目方面的投入，也進一步促進了市場擴張。這些因素共同提升了 HTPB 的吸引力，使其成為各種技術應用中極具價值的材料，並推動了市場持續成長。

推動全球羥基封端聚丁二烯市場發展的因素

全球羥基封端聚丁二烯 (HTPB) 市場主要受各國加大國防投入的推動。國防實力的提升帶動了對 HTPB 等先進推進劑材料的需求成長，這些材料對飛彈系統和固體火箭推進劑至關重要。此外，包括衛星發射和國防相關計劃在內的太空探勘計畫的活性化，也凸顯了對高性能材料的需求。 HTPB 的獨特性能在推進劑配方中至關重要，尤其是在固體和混合火箭引擎的研發中，它作為粘合劑，在製造過程中確保結構完整性和能量效率。

全球羥基封端聚丁二烯市場面臨的限制因素

由於原物料價格波動，全球羥基封端聚丁二烯 (HTPB) 市場面臨嚴峻挑戰。丁二烯和其他石油化學衍生等關鍵原料直接受到全球原油價格波動的影響，這可能導致生產成本上升。這種不確定性會對製造商的利潤率產生不利影響，進而阻礙 HTPB 產品的廣泛應用。此外，原料供應鏈中斷會導致生產延誤和供應受限，從而影響市場滿足不斷成長的需求的能力，尤其是在汽車和航太等關鍵行業，及時供應至關重要。

全球羥基封端聚丁二烯市場趨勢

全球羥基封端聚丁二烯 (HTPB) 市場正經歷顯著成長，主要受國防應用領域需求成長的推動，尤其是飛彈和太空探勘計劃等先進推進系統的需求。政府對國防和航太領域的投資是這一趨勢的主要驅動力。此外，汽車產業也受益於對 HTPB 基黏合劑和密封劑在輕量化汽車零件中日益廣泛的應用，這與提高燃油效率和永續性的整體目標相一致。隨著這些領域的不斷發展，HTPB 市場有望吸引更多創新和投資，凸顯其在各種高效能應用中的關鍵作用。

目錄

介紹

• 調查目標
• 調查範圍
• 定義

調查方法

• 資訊收集
• 二手資料和一手資料方法
• 市場規模預測
• 市場假設與限制

執行摘要

• 全球市場展望
• 供需趨勢分析
• 細分市場機會分析

市場動態與展望

• 市場規模
• 市場動態
  • 促進因素和機遇
  • 限制與挑戰
• 波特分析

關鍵市場考察

• 關鍵成功因素
• 競爭程度
• 關鍵投資機會
• 市場生態系統
• 市場吸引力指數（2025）
• PESTEL 分析
• 總體經濟指標
• 價值鏈分析
• 定價分析

全球羥基封端聚丁二烯市場規模（按應用及複合年成長率分類）（2026-2033 年）

• 火箭推進劑
• 鑄造硬化炸藥
• HTPB聚氨酯
  • 電影
  • 黏合劑和密封劑
  • 表面塗層
  • 灌封膠
  • 其他
• 其他

全球羥基封端聚丁二烯市場規模（依最終用途分類）及複合年成長率（2026-2033 年）

• 航太/國防
• 電氣和電子設備
• 建造
• 車
• 包裝
• 其他

全球羥基封端聚丁二烯市場規模及複合年成長率（2026-2033）

• 北美洲
  • 美國
  • 加拿大
• 歐洲
  • 德國
  • 西班牙
  • 法國
  • 英國
  • 義大利
  • 其他歐洲地區
• 亞太地區
  • 中國
  • 印度
  • 日本
  • 韓國
  • 亞太其他地區
• 拉丁美洲
  • 巴西
  • 其他拉丁美洲地區
• 中東和非洲
  • 海灣合作理事會國家
  • 南非
  • 其他中東和非洲地區

競爭資訊

• 前五大公司對比
• 主要企業的市場定位（2025 年）
• 主要市場參與者所採取的策略
• 近期市場趨勢
• 公司市佔率分析（2025 年）
• 主要企業公司簡介
  • 公司詳情
  • 產品系列分析
  • 依業務板塊進行公司股票分析
  • 2023-2025年營收年比比較

主要企業簡介

• Evonik Industries AG（Germany）
• Idemitsu Kosan Co., Ltd.（Japan）
• TotalEnergies SE（France）
• Wanhua Chemical Group Co., Ltd.（China）
• LANXESS AG（Germany）
• Kumho Petrochemical Co., Ltd.（South Korea）
• Trinseo PLC（United States）
• Nippon Soda Co., Ltd.（Japan）
• Kuraray Co., Ltd.（Japan）
• Hubei Yihua Chemical Industry Co., Ltd.（China）
• Shandong Huachang Chemical Co., Ltd.（China）
• Shandong Aoertong Chemical Co., Ltd.（China）
• Shandong Jinyimeng Group Co., Ltd.（China）

結論與建議

Global Hydroxyl Terminated Polybutadiene Market size was valued at USD 262.4 Million in 2024 and is poised to grow from USD 289.43 Million in 2025 to USD 634.09 Million by 2033, growing at a CAGR of 10.3% during the forecast period (2026-2033).

The Global Hydroxyl Terminated Polybutadiene (HTPB) Market is witnessing significant growth, bolstered by its wide-ranging applications in sectors such as aerospace, defense, automotive, and construction. As a versatile liquid polymer recognized for its low volatility and oxidative stability, HTPB serves as an essential binder in solid rocket propellants, adhesives, and sealants. The rising focus on advanced propulsion technologies within the aerospace industry has heightened demand for HTPB. Additionally, an increase in global military spending, particularly toward missile and space initiatives, further accelerates market expansion. These factors collectively enhance the appeal of HTPB, positioning it as a valuable material in various technical applications and driving its growth trajectory in the market.

Top-down and bottom-up approaches were used to estimate and validate the size of the Global Hydroxyl Terminated Polybutadiene market and to estimate the size of various other dependent submarkets. The research methodology used to estimate the market size includes the following details: The key players in the market were identified through secondary research, and their market shares in the respective regions were determined through primary and secondary research. This entire procedure includes the study of the annual and financial reports of the top market players and extensive interviews for key insights from industry leaders such as CEOs, VPs, directors, and marketing executives. All percentage shares split, and breakdowns were determined using secondary sources and verified through Primary sources. All possible parameters that affect the markets covered in this research study have been accounted for, viewed in extensive detail, verified through primary research, and analyzed to get the final quantitative and qualitative data.

Global Hydroxyl Terminated Polybutadiene Market Segments Analysis

Global Hydroxyl Terminated Polybutadiene Market is segmented by Application, End-use and region. Based on Application, the market is segmented into Rocket Propellants, Cast-cure Explosives, HTPB-based Polyurethane and Others. Based on End-use, the market is segmented into Aerospace & Defense, Electrical & Electronics, Construction, Automotive, Packaging and Others. Based on region, the market is segmented into North America, Europe, Asia Pacific, Latin America and Middle East & Africa.

Driver of the Global Hydroxyl Terminated Polybutadiene Market

The global market for Hydroxyl Terminated Polybutadiene (HTPB) is being significantly driven by the increasing investments from various nations focused on enhancing their defense capabilities. This growing trend has led to a heightened demand for advanced propellant materials like HTPB, which is essential for missile systems and solid rocket propellants. Additionally, the escalation of space exploration initiatives, including satellite launches and defense-related projects, underscores the need for high-performance materials. HTPB's unique characteristics make it vital for propellant formulations, particularly in the context of developing solid and hybrid rocket motors, where it functions as a binder that ensures both structural integrity and energy efficiency in the manufacturing process.

Restraints in the Global Hydroxyl Terminated Polybutadiene Market

The global Hydroxyl Terminated Polybutadiene (HTPB) market faces significant challenges due to the volatility of raw material prices. Essential feedstocks like butadiene and other petrochemical derivatives are directly influenced by fluctuations in global crude oil prices, which can lead to increased production costs. This unpredictability can adversely impact manufacturers' profit margins, consequently hindering the widespread adoption of HTPB-based products. Furthermore, disruptions in raw material supply chains can lead to production delays and limited availability, complicating the market's capacity to satisfy rising demand, particularly within key industries such as automotive and aerospace, where timely supply is critical.

Market Trends of the Global Hydroxyl Terminated Polybutadiene Market

The global Hydroxyl Terminated Polybutadiene (HTPB) market is experiencing notable growth, fueled by escalating demand in defense applications, particularly in advanced propulsion systems for missiles and space exploration initiatives. Government investments in defense and aerospace sectors are significantly contributing to this trend. Additionally, the automotive industry is propelling market expansion, driven by the rising adoption of HTPB-based adhesives and sealants for lightweight vehicle components, aligning with the overall push for fuel efficiency and sustainability. As these sectors advance, the HTPB market is poised to attract further innovation and investment, underscoring its pivotal role in various high-performance applications.

Table of Contents

Introduction

• Objectives of the Study
• Scope of the Report
• Definitions

Research Methodology

• Information Procurement
• Secondary & Primary Data Methods
• Market Size Estimation
• Market Assumptions & Limitations

Executive Summary

• Global Market Outlook
• Supply & Demand Trend Analysis
• Segmental Opportunity Analysis

Market Dynamics & Outlook

• Market Overview
• Market Size
• Market Dynamics
  • Drivers & Opportunities
  • Restraints & Challenges
• Porters Analysis
  • Competitive rivalry
  • Threat of substitute
  • Bargaining power of buyers
  • Threat of new entrants
  • Bargaining power of suppliers

Key Market Insights

• Key Success Factors
• Degree of Competition
• Top Investment Pockets
• Market Ecosystem
• Market Attractiveness Index, 2025
• PESTEL Analysis
• Macro-Economic Indicators
• Value Chain Analysis
• Pricing Analysis

Global Hydroxyl Terminated Polybutadiene Market Size by Application & CAGR (2026-2033)

• Market Overview
• Rocket Propellants
• Cast-cure Explosives
• HTPB-based Polyurethane
  • Membranes
  • Adhesives & Sealants
  • Surface Coatings
  • Potting Compounds
  • Others
• Others

Global Hydroxyl Terminated Polybutadiene Market Size by End-use & CAGR (2026-2033)

• Market Overview
• Aerospace & Defense
• Electrical & Electronics
• Construction
• Automotive
• Packaging
• Others

Global Hydroxyl Terminated Polybutadiene Market Size & CAGR (2026-2033)

• North America (Application, End-use)
  • US
  • Canada
• Europe (Application, End-use)
  • Germany
  • Spain
  • France
  • UK
  • Italy
  • Rest of Europe
• Asia Pacific (Application, End-use)
  • China
  • India
  • Japan
  • South Korea
  • Rest of Asia-Pacific
• Latin America (Application, End-use)
  • Brazil
  • Rest of Latin America
• Middle East & Africa (Application, End-use)
  • GCC Countries
  • South Africa
  • Rest of Middle East & Africa

Competitive Intelligence

• Top 5 Player Comparison
• Market Positioning of Key Players, 2025
• Strategies Adopted by Key Market Players
• Recent Developments in the Market
• Company Market Share Analysis, 2025
• Company Profiles of All Key Players
  • Company Details
  • Product Portfolio Analysis
  • Company's Segmental Share Analysis
  • Revenue Y-O-Y Comparison (2023-2025)

Key Company Profiles

• Evonik Industries AG (Germany)
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• Idemitsu Kosan Co., Ltd. (Japan)
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• TotalEnergies SE (France)
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• Wanhua Chemical Group Co., Ltd. (China)
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• LANXESS AG (Germany)
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• Kumho Petrochemical Co., Ltd. (South Korea)
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• Trinseo PLC (United States)
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• Nippon Soda Co., Ltd. (Japan)
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• Kuraray Co., Ltd. (Japan)
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• Hubei Yihua Chemical Industry Co., Ltd. (China)
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• Shandong Huachang Chemical Co., Ltd. (China)
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• Shandong Aoertong Chemical Co., Ltd. (China)
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• Shandong Jinyimeng Group Co., Ltd. (China)
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments

Conclusion & Recommendations