The Global TPEE in Industrial Market was valued at USD 238.88 Million in 2023 and is projected to reach USD 286.90 Million by 2029, growing at a Compound Annual Growth Rate (CAGR) of 3.10% during the forecast period (2024–2029). This steady growth is being driven by the expanding application of Thermoplastic Polyester Elastomers (TPEE) across the automotive, electronics, and energy industries, fueled by their superior mechanical properties, chemical resistance, and recyclability.

As industrial sectors increasingly demand materials that offer a balance of performance, durability, and sustainability, the spotlight is on the key polymer suppliers who are driving innovation and material science advancements. In this blog, we profile the Top 10 Companies in the TPEE in Industrial Market—a mix of chemical giants, specialty material producers, and innovators shaping the future of high-performance polymers.

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🔟 1. DowDuPont

Headquarters: Wilmington, Delaware, USA
Key Offering: HYTREL® TPEE

DowDuPont, through its DuPontTM portfolio, is a global leader in high-performance polymers, with its HYTREL® TPEE being an industry benchmark. These materials are renowned for their exceptional resilience, high strength, and resistance to a wide range of chemicals and environmental conditions, making them ideal for demanding industrial applications.

Innovation and Market Focus:

• Extensive R&D in bio-based and recycled content TPEE grades
• Strong presence in automotive (e.g., constant velocity joint boots, airbag doors) and industrial hoses
• Commitment to circular economy principles through material lifecycle management

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Global TPEE in Industrial Market – View in Detailed Research Report

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9️⃣ 2. DSM Engineering Materials

Headquarters: Heerlen, Netherlands
Key Offering: Arnitel® TPEE

DSM Engineering Materials offers the Arnitel® line of TPEE, which provides an outstanding combination of flexibility, toughness, and high-temperature performance. The company serves a global clientele, with applications spanning from automotive and electrical cables to sporting goods and industrial components.

Innovation and Market Focus:

• Development of high-flow and laser-markable grades for complex parts
• Focus on sustainable solutions, including partially bio-based Arnitel® ECO
• Technical collaboration with customers for application-specific material development

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8️⃣ 3. Toyobo Co., Ltd.

Headquarters: Osaka, Japan
Key Offering: PELPRENE® TPEE

Toyobo is a major Japanese chemical company and a significant player in the TPEE market with its PELPRENE® brand. These materials are known for their excellent elasticity, fatigue resistance, and processability, making them suitable for various industrial and consumer applications.

Innovation and Market Focus:

• Strong focus on the Asian market, particularly in automotive and electronics
• Development of flame-retardant and hydrolysis-resistant grades
• Investment in expanding production capacity to meet growing demand

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7️⃣ 4. Taiwan Changchun Group

Headquarters: Taipei, Taiwan
Key Offering: Various TPEE grades

Taiwan Changchun Group is a key supplier of engineering plastics in Asia, including a range of TPEE products. The company has a strong manufacturing base and caters to the robust electronics and automotive industries within the region and globally.

Innovation and Market Focus:

• Cost-competitive production for mass-market applications
• Expansion of product portfolio to include high-performance specialty grades
• Strategic positioning within the Asian supply chain

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6️⃣ 5. Celanese Corporation

Headquarters: Irving, Texas, USA
Key Offering: Riteflex® TPEE

Celanese is a global chemical and specialty materials company offering Riteflex® TPEE. These materials are valued for their high toughness, good low-temperature flexibility, and resistance to oils and greases, serving critical applications in automotive, industrial, and consumer markets.

Innovation and Market Focus:

• Focus on applications requiring high mechanical strength and durability
• Integration of TPEE into broader engineered materials solutions
• Global technical service and support network

Download FREE Sample Report:
Global TPEE in Industrial Market – View in Detailed Research Report

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5️⃣ 6. SK chemicals

Headquarters: Seongnam, South Korea
Key Offering: SKYPEL® TPEE

SK chemicals is a leading South Korean petrochemical company with a growing portfolio of high-value specialty materials, including its SKYPEL® TPEE. The company is actively expanding its global footprint in the engineering plastics market.

Innovation and Market Focus:

• Investment in eco-friendly, chemically recycled TPEE (ECOTRI™)
• Targeting growth in electric vehicle components and renewable energy applications
• Strategic alliances to enhance material development and distribution

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4️⃣ 7. LG Chem

Headquarters: Seoul, South Korea
Key Offering: LUPRENE® T (TPEE)

LG Chem, one of the largest chemical companies in Asia, produces a range of engineering plastics, including TPEE under the LUPRENE® T brand. The company leverages its integrated supply chain to deliver high-quality materials to a diverse industrial base.

Innovation and Market Focus:

• Strong R&D focus on materials for future mobility and electronics
• Development of high-heat resistance and transparent TPEE grades
• Global production and sales network ensuring supply reliability

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3️⃣ 8. SABIC

Headquarters: Riyadh, Saudi Arabia
Key Offering: SABIC® TPEE

SABIC is a global leader in diversified chemicals and offers a portfolio of thermoplastic elastomers, including TPEE. The company’s vast resources and commitment to innovation position it as a key supplier for demanding industrial applications worldwide.

Innovation and Market Focus:

• Focus on sustainability with certified renewable and recycle-based options
• Application development in wire & cable, automotive, and industrial goods
• Extensive technical customer support and application development centers

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2️⃣ 9. Mitsubishi Chemical Corporation

Headquarters: Tokyo, Japan
Key Offering: various TPEE grades

Mitsubishi Chemical Corporation, a Japanese chemical industry leader, produces high-performance TPEE materials. The company’s products are known for their consistency and quality, serving advanced engineering applications across multiple sectors.

Innovation and Market Focus:

• Development of specialty grades for extreme temperature and chemical environments
• Strong emphasis on material science and advanced polymer technology
• Strategic focus on high-growth sectors like electric vehicles and 5G infrastructure

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1️⃣ 10. RadiciGroup

Headquarters: Bergamo, Italy
Key Offering: RADILON® T (TPEE)

RadiciGroup is a leading international chemicals and plastics producer with a strong presence in Europe. Their RADILON® T TPEE offers excellent mechanical properties and processing versatility for a wide range of industrial applications.

Innovation and Market Focus:

• Focus on high-performance applications in automotive and engineering sectors
• Commitment to sustainability through energy-efficient production processes
• Customization of compounds to meet specific customer requirements

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Global TPEE in Industrial Market – View in Detailed Research Report

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🌍 Outlook: The Future of TPEE in Industrial Applications Is Smarter and More Sustainable

The TPEE market is undergoing a significant transformation. While standard grades continue to serve traditional markets, the industry is increasingly focused on developing sustainable and high-performance alternatives, advanced compounding technologies, and materials tailored for next-generation applications.

📈 Key Trends Shaping the Market:

• Accelerating demand for TPEE in electric vehicle components (e.g., battery seals, cable insulation)
• Growing adoption of bio-based and recycled content TPEE to meet circular economy goals
• Development of high-heat and high-flow grades for miniaturized electronics and complex parts
• Increased regulatory pressure driving the need for halogen-free flame-retardant materials

The companies listed above are not only supplying essential materials for modern industry—they’re pioneering the advanced polymer solutions that will enable a more efficient and sustainable future.

Get Full Report Here:
Global TPEE in Industrial Market – View in Detailed Research Report