Polyurethanes were synthesized by the reaction of hydroxyterminated polybutadiene (HTPB) and diisocyanates such as toluene diisocyanate (TDI), diphenylmethane diisocyanate (MDI), hexamethylene diisocyanate (HMDI), and isophoron diisocyanate (IPDI). A number of fillers such as carbon black, kaolin, and antimony trioxide (Sb2O3) were used in these formulations. Mechanical and thermal stability of these polyurethanes were studied. Based on its properties, HTPB-MDI derived filled polyurethane was selected and evaluated as an inhibitor for a composite propellant.