Hybrid Propellants Market Is Set To Witness A CAGR Over 6% By 2031

According to latest research by Fact.MR, hybrid propellants market is set to witness a CAGR over 6% during 2021-2031. The demand is increasing in the developing countries entering into the world of space research. The evolving needs of the developed nations on composition of the hybrid propellants in the market to drive the demand during the forecast period.

The hybrid propellants are comparatively much safer for the environment than the conventional rocket fuels, due to the presence of chlorine in them. The byproducts released as a result of combustion do not pose minimal threat to the environment. This is one of the major benefits of hybrid propellants compared to liquid and solid propellants. They provide myriad benefits over the solid and liquid propellants altogether.

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The most vital property of the hybrid propellants is that they inherent safe storage of the fuel in the solid phase. They can be shut down easily are easy to handle, economically feasible and also provide smooth throttle control. Fuel used in hybrid propellants can be produced at any conventional manufacturing site without any danger of explosion. Therefore, it leads to savings in investments which goes towards its manufacturing and launch procedures.

Market Players: –

• Antrix
• Aerojet Rocketdyne
• SpaceX
• Blue Origin
• Mitsubishi Heavy Industries
• Northrop Grumman (Orbital ATK)
• The Boeing Company
• Safran S.A. (ArianeGroup)
• China Great Wall Industry Corporation
• IHI Corporation
• NPO Energomash
• Virgin Galactic
• Yuzhmash
• Rocket Lab
• Lockheed Martin Corporation
• National Aeronautics
• Space Administration (NASA) among others.

Key Segments

• By Platform
  • Satellites
    • CubeSats
    • Small Satellites
      • Nanosatellites
      • Microsatellites
      • Minisatellites
    • Medium Satellites (500-2,500 KG)
    • Large Satellites (>2,500kg)
  • Capsules/Cargos
    • Crewed Spacecraft or Human Space flight
    • Uncrewed or Unmanned Spacecraft
  • Interplanetary Spacecraft & Probes
  • Rovers/Spacecraft Landers
  • Launch Vehicles
    • Small Launch Vehicles (<350,000 Kg)
    • Medium to Heavy Launch Vehicles (>350,000 KG)
    • Reusable Launch Vehicles
• By System Component
  • Thrusters
    • Chemical Propulsion Thrusters
      • Cold & Warm Gas Thrusters
      • Monopropellant Thrusters
      • Bipropellant Thrusters
    • Electric Propulsion Thrusters
      • Gridded Ion Engine (GIE) or Ion Thruster
      • Hall Effect Thruster (HET)
      • High-Efficiency Multi-Stage Plasma Thruster (HEMP-T)
      • Pulsed Plasma Thruster (PPT)
      • Quad Confinement Thruster (QCT)
      • Magneto Plasma Dynamic (MPD) Thruster
      • Others
    • Propellant Feed Systems
      • Propellant Tanks
        • Monopropellant Tanks
        • Bipropellat Tanks
      • Regulators
      • Valves
      • Turbo Pumps
      • Combustion Chambers
    • Rocket Motors
    • Nozzles
    • Propulsion Thermal Control
    • Power Processing Units
    • Others
• By Propulsion Type
  • Chemical Propulsion
    • Solid
    • Liquid
    • Hybrid
    • Green
  • Non-chemical Propulsion
    • Electric Propulsion
      • Xenon
      • Argon
      • Krypton
      • Hydrogen
      • Others
    • Solar Propulsion
      • Solar Sail Propulsion
      • Solar Electric Propulsion (SEP)
      • Solar Thermal Propulsion
    • Tether Propulsion
    • Nuclear propulsion
    • Laser Propulsion
• By Support Service
  • Design, Engineering, & Operation
  • Hot Firing & Environmental Test Execution
  • Fueling & Launch Support
• By Orbit
  • Low Earth orbit (LEO)
  • Medium Earth orbit (MEO)
  • Geostationary Earth Orbit (GEO)
  • Beyond Geosynchronous Orbit
• By End User
  • Commercial
    • Satellite Operators/Owners
    • Space Launch Service Providers
  • Government & Defense
    • Defense Sector
    • National Space Agencies
    • Others

Regional analysis includes

• North America (U.S., Canada)
• Latin America (Brazil, Mexico, Argentina, Chile, Peru, Rest of LATAM)
• EU – (Germany, France, Italy, Spain), UK, BENELUX (Belgium, Netherlands, Luxemburg), NORDIC (Norway, Denmark, Iceland, Sweden), Eastern Europe (Poland, Ukraine, Czech Rep. etc.), Rest of Europe
• CIS & Russia
• Japan
• Asia Pacific Excluding Japan (Greater China, India, S. Korea, ASEAN Countries, Rest of APEJ)

Hybrid Propellants Market Report Highlights:

• Detailed overview of parent market
• Changing market dynamics in the industry
• In-depth market segmentation
• Historical, current and projected market size in terms of volume and value
• Recent industry trends and developments
• Competitive landscape
• Strategies of key players and products offered
• Potential and niche segments, geographical regions exhibiting promising growth
• A neutral perspective on market performance
• Must-have information for market players to sustain and enhance their market footprint

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