水酸基末端ポリブタジエン市場規模、シェア、成長分析、用途別、最終用途別、地域別 - 産業予測、2025年～2032年

水酸基末端ポリブタジエンの世界市場規模は2023年に2億3,790万米ドルと評価され、予測期間（2025-2032年）のCAGRは10.3%で、2024年の2億6,240万米ドルから2032年には5億7,488万米ドルに成長する見通しです。

世界の水酸基末端ポリブタジエン（HTPB）市場は、主に航空宇宙、防衛、建設産業での広範な用途に牽引され、多様なセクターで堅調な需要を目の当たりにしています。HTPBの優れた弾性、耐燃料性、強力な結合特性などのユニークな特性により、HTPBは固体ロケット推進剤のバインダーとして、また接着剤、シーリング剤、コーティング剤の主要成分として好まれています。宇宙開発、ミサイル計画、軍事近代化への投資の増加は、市場の拡大に大きく寄与しています。さらに、新興経済諸国におけるインフラ開発の活発化が、HTPBベースのシーラントや防水剤の需要を促進しています。同市場はまた、高性能の絶縁・封止ソリューションとして、自動車産業やエレクトロニクス産業からも支持を集めています。ポリマー化学の技術的進歩や、産業用途における軽量で耐久性のある材料への要求の高まりは、市場の成長をさらに後押しすると予想されます。しかし、原材料の価格変動や環境への影響に関する規制上の課題は、成長見通しに影響を及ぼす可能性があります。

目次

イントロダクション

• 調査の目的
• 調査範囲
• 定義

調査手法

• 情報調達
• 二次と一次データの方法
• 市場規模予測
• 市場の前提条件と制限

エグゼクティブサマリー

• 世界市場の見通し
• 供給と需要の動向分析
• セグメント別機会分析

市場力学と見通し

• 市場概要
• 市場規模
• 市場力学
  • 促進要因と機会
  • 抑制要因と課題
• ポーターの分析

主な市場の考察

• 重要成功要因
• 競合の程度
• 主な投資機会
• 市場エコシステム
• 市場の魅力指数（2024年）
• PESTEL分析
• マクロ経済指標
• バリューチェーン分析
• 価格分析

水酸基末端ポリブタジエン市場規模：用途別& CAGR（2025-2032）

• 市場概要
• ロケット推進剤
• 鋳造硬化爆薬
• HTPBベースポリウレタン
  • 膜
  • 接着剤とシーラント
  • 表面コーティング
  • ポッティングコンパウンド
  • その他
• その他

水酸基末端ポリブタジエン市場規模：最終用途別& CAGR（2025-2032）

• 市場概要
• 航空宇宙および防衛
• 電気・電子
• 建設
• 自動車
• 包装
• その他

水酸基末端ポリブタジエン市場規模：地域別& CAGR（2025-2032）

• 北米
  • 米国
  • カナダ
• 欧州
  • ドイツ
  • スペイン
  • フランス
  • 英国
  • イタリア
  • その他欧州地域
• アジア太平洋地域
  • 中国
  • インド
  • 日本
  • 韓国
  • その他アジア太平洋地域
• ラテンアメリカ
  • ブラジル
  • その他ラテンアメリカ地域
• 中東・アフリカ
  • GCC諸国
  • 南アフリカ
  • その他中東・アフリカ

競合情報

• 上位5社の比較
• 主要企業の市場ポジショニング（2024年）
• 主な市場企業が採用した戦略
• 最近の市場動向
• 企業の市場シェア分析（2024年）
• 主要企業の企業プロファイル
  • 企業の詳細
  • 製品ポートフォリオ分析
  • 企業のセグメント別シェア分析
  • 収益の前年比比較（2022-2024年）

主要企業プロファイル

• 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）

結論と提言

Global Hydroxyl Terminated Polybutadiene Market size was valued at USD 237.9 million in 2023 and is poised to grow from USD 262.4 million in 2024 to USD 574.88 million by 2032, growing at a CAGR of 10.3% during the forecast period (2025-2032).

The Global Hydroxyl Terminated Polybutadiene (HTPB) Market is witnessing robust demand across diverse sectors, primarily driven by its extensive application in aerospace, defense, and construction industries. HTPB's unique properties-such as excellent elasticity, fuel resistance, and strong binding characteristics-make it a preferred binder in solid rocket propellants and a key component in adhesives, sealants, and coatings. The growing investments in space exploration, missile programs, and military modernization are contributing significantly to market expansion. Furthermore, increased infrastructure development in emerging economies is fueling demand for HTPB-based sealants and waterproofing agents. The market is also gaining traction from the automotive and electronics industries for its high-performance insulation and encapsulation solutions. Technological advancements in polymer chemistry and the ongoing push for lightweight, durable materials in industrial applications are expected to further support market growth. However, price volatility of raw materials and regulatory challenges related to environmental impact may affect growth prospects.

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 witnessing significant growth due to increased government investments aimed at modernizing defense capabilities, which has resulted in a heightened demand for advanced propellant materials. The amplified focus on space exploration, satellite launches, and various defense applications underscores the need for high-performance materials. HTPB's remarkable characteristics make it a vital component in propellant formulations, essential for solid and hybrid rocket motors, maintaining structural integrity and maximizing energy efficiency.

Restraints in the Global Hydroxyl Terminated Polybutadiene Market

The global Hydroxyl Terminated Polybutadiene (HTPB) market faces significant restraints due to fluctuating raw material prices. Key feedstocks like butadiene and other petrochemical derivatives are vulnerable to the volatile nature of global crude oil prices, which contributes to rising production costs. This instability can negatively impact profit margins for manufacturers and may hinder the widespread adoption of HTPB-based products. Furthermore, disruptions in raw material supply chains can lead to production delays and diminished availability of HTPB, posing challenges in fulfilling the increasing demand, particularly within the automotive and aerospace industries. These factors collectively limit the market's growth potential.

Market Trends of the Global Hydroxyl Terminated Polybutadiene Market

The Global Hydroxyl Terminated Polybutadiene (HTPB) market is witnessing a robust short-term growth trend, largely fueled by its expanding applications in defense and aerospace sectors. The surge in demand for advanced propulsion systems, particularly in missile and space programs, is prompting significant investments from government defense agencies, thereby boosting HTPB consumption. Concurrently, the automotive industry is increasingly adopting HTPB-based adhesives and sealants, driven by the rising demand for lightweight vehicle components aimed at enhancing fuel efficiency. This dual momentum from defense and automotive sectors is positioning HTPB as a key polymer in contemporary manufacturing, ensuring a positive growth trajectory in the near future.

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, 2024
• PESTEL Analysis
• Macro-Economic Indicators
• Value Chain Analysis
• Pricing Analysis

Global Hydroxyl Terminated Polybutadiene Market Size by Application & CAGR (2025-2032)

• 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 (2025-2032)

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

Global Hydroxyl Terminated Polybutadiene Market Size & CAGR (2025-2032)

• 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, 2024
• Strategies Adopted by Key Market Players
• Recent Developments in the Market
• Company Market Share Analysis, 2024
• Company Profiles of All Key Players
  • Company Details
  • Product Portfolio Analysis
  • Company's Segmental Share Analysis
  • Revenue Y-O-Y Comparison (2022-2024)

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