Thermoplastic Elastomer Market - Top Companies and Manufacturers

Companies Dominating the Thermoplastic Elastomer Landscape

Arkema
- Company Overview
- Business Strategy
- Key Product Offerings
- Financial Performance
- Key Performance Indicators
- Risk Analysis
- Recent Development
- Regional Presence
- SWOT Analysis
Huntsman International LLC
Covestro AG
KRAIBURG TPE GmbH & Co. KG
Kent Elastomer Products
ALTANA AG
Tosoh America, Inc.
The Lubrizol Corporation
Teknor Apex Company, Inc.
JSR Corporation
DuPont

Browse Key Market Insights with Data Illustration:

Thermoplastic Elastomer Market Size & Share, Growth Forecasts 2037

In the News

Covestro AG decided to expand the portfolio of circular TPU products based on alternative resources. Covestro is moving forward with the expansion of its product line based on alternative resources as part of its programme to realize the circular economy.
New DuPontTM LiveoTM Pharma TPE Tubing was unveiled at three industry events: CBioPC in Nanjing, China, INTERPHEX in New York, and CPhI in Milan, Italy. The new DuPontTM LiveoTM Pharma TPE Tubing is specifically designed for use in the pharmaceutical industry and is engineered to meet the exacting standards of the industry.

Frequently Asked Questions (FAQ)

In the year 2025, the industry size of thermoplastic elastomer is estimated at USD 33.58 billion.

The thermoplastic elastomer market size was valued at USD 31.21 billion in 2024 and is expected to cross USD 101.34 billion by the end of 2037, registering more than 9.4% CAGR during the forecast period i.e., between 2025-2037. Growing demand for lightweight, recyclable, and high performing materials in various end-use industries will boost the market growth.

Asia Pacific is set to be the largest with a share of about 37% by 2037, attributed to region's strong manufacturing base and increasing demand for thermoplastic elastomer from various end-use industries such as automotive, construction, and packaging.

The major players in the market include Arkema, Huntsman International LLC, Covestro AG, KRAIBURG TPE GmbH & Co. KG, Kent Elastomer Products, ALTANA AG, Tosoh America, Inc., The Lubrizol Corporation, Teknor Apex Company, Inc., JSR Corporation, DuPont.

Thermoplastic Elastomer Market - Top Companies and Manufacturers

Companies Dominating the Thermoplastic Elastomer Landscape

Browse Key Market Insights with Data Illustration:

In the News

Frequently Asked Questions (FAQ)

What is the size of the thermoplastic elastomer market?

Why is the thermoplastic elastomer sector gaining traction in near future?

Which region accounted for the largest thermoplastic elastomer industry share?

Who are the major thermoplastic elastomer players?