The Global Thermoplastic Elastomers for Construction Market was valued at USD 4,232 Million in 2025 and is projected to reach USD 5,783 Million by 2034, growing at a Compound Annual Growth Rate (CAGR) of 4.7% during the forecast period (2024–2034). This robust expansion is primarily driven by the rising demand for durable, energy-efficient building materials, the push for stricter building codes, and the accelerating adoption of high-performance sealing and roofing solutions.

As the construction industry evolves towards smarter, more sustainable building practices, the spotlight turns to the key polymer innovators who are delivering advanced materials that combine elasticity with processability. In this blog, we profile the Top 10 Companies in the Thermoplastic Elastomers for Construction Industry—a mix of global chemical giants and specialized compounders redefining material performance for buildings worldwide.

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🔟 1. Kraton Polymers (a DL Chemical Company)

Headquarters: Houston, Texas, USA
Key Offering: Styrenic Block Copolymers (SBCs), Specialty Polymers

Kraton Polymers is a leading global producer of styrenic block copolymers, which are fundamental components in many construction-grade TPEs. Their materials are critical for manufacturing high-performance sealants, adhesives, and modified bitumen for roofing. Following its acquisition by DL Chemical, Kraton continues to leverage its technological expertise to develop innovative polymer solutions that meet the demanding requirements of the construction sector.

Innovation Initiatives:

• Development of next-generation SBCs with enhanced UV and weather resistance

• Focus on sustainable and circular polymer solutions

• Strategic partnerships with compounders and building product manufacturers

Download FREE Sample Report: Thermoplastic Elastomers for Construction Market – View in Detailed Research Report

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9️⃣ 2. DuPont de Nemours, Inc. (DuPont)

Headquarters: Wilmington, Delaware, USA
Key Offering: DuPont™ Hytrel® (TPC-ET), Advanced Polymers

DuPont is a powerhouse in advanced materials, offering a robust portfolio of high-performance polymers, including its renowned Hytrel® thermoplastic polyester elastomers. These materials are valued in construction for their exceptional toughness, resilience, and resistance to a wide range of environmental factors, making them ideal for critical applications like seals, gaskets, and protective profiles.

Innovation Initiatives:

• Investment in high-performance grades for extreme weather conditions

• Focus on materials supporting energy efficiency and building sustainability

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8️⃣ 3. INEOS Styrolution

Headquarters: Frankfurt, Germany
Key Offering: Styrenic Copolymers (SBC, ABS), TPE Compounds

INEOS Styrolution is one of the world’s largest producers of styrenic polymers, supplying essential raw materials for the TPE industry. Their products are used to create flexible compounds for construction profiles, window gaskets, and roofing membrane modifiers. The company’s global scale and technical expertise make it a key supplier to compounders and extruders worldwide.

Innovation Initiatives:

• Development of specialized styrenic materials for construction applications

• Commitment to advancing recycling technologies for styrenic polymers

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7️⃣ 4. LG Chem

Headquarters: Seoul, South Korea
Key Offering: TPO Compounds, Engineering Plastics

LG Chem is a major global chemical company with a significant presence in the thermoplastic elastomers market. The company produces advanced TPO compounds that are widely used in roofing membranes and construction profiles. Its strong position in the Asia-Pacific region, coupled with its integrated petrochemical operations, allows it to serve the booming construction markets effectively.

Innovation Initiatives:

• Expansion of TPO production capacity to meet growing demand

• R&D into bio-based and recycled content TPEs

Download FREE Sample Report: Thermoplastic Elastomers for Construction Market – View in Detailed Research Report

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6️⃣ 5. Avient Corporation

Headquarters: Avon Lake, Ohio, USA
Key Offering: Specialty TPE Compounds, Color Concentrates

Avient Corporation is a premier provider of specialized polymer materials, services, and solutions. As a leading compounder, Avient develops custom TPE formulations for the construction industry, including grades with specific properties like UV stability, flame retardancy, and desired hardness for seals, gaskets, and roofing components.

Innovation Initiatives:

• Custom formulation capabilities for specific construction applications

• Development of sustainable TPE solutions, including post-consumer recycled content

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5️⃣ 6. Mitsubishi Chemical Corporation

Headquarters: Tokyo, Japan
Key Offering: TPE Compounds, Engineering Plastics

Mitsubishi Chemical offers a diverse range of high-performance materials, including specialty TPEs for demanding construction applications. The company’s expertise in polymer science enables it to produce compounds with excellent durability, weatherability, and sealing performance, catering to the high standards of the Japanese and global construction markets.

Innovation Initiatives:

• Focus on high-quality, consistency-driven TPE grades

• Development of materials for seismic and high-performance building applications

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4️⃣ 7. HEXPOL AB

Headquarters: Malmö, Sweden
Key Offering: Thermoplastic Elastomer Compounds (TPE)

HEXPOL is a global leader in polymer compounding, producing a wide array of TPEs tailored for various industries, including construction. Their compounds are used in profiles, seals, and gaskets that require long-term flexibility and resistance to environmental stressors. HEXPOL’s customer-focused approach allows for the development of highly specific material solutions.

Innovation Initiatives:

• Expertise in compounding for precise performance specifications

• Commitment to sustainable manufacturing practices

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3️⃣ 8. Kuraray Co., Ltd.

Headquarters: Tokyo, Japan
Key Offering: SEPTON® (SBC), HYBRAR® (SBC)

Kuraray is a specialty chemical company renowned for its high-performance elastomers, including the SEPTON® and HYBRAR® series of hydrogenated styrenic block copolymers. These materials offer superior elasticity, heat resistance, and durability, making them excellent choices for high-end construction seals, vibration dampers, and roofing modifiers.

Innovation Initiatives:

• Pioneering high-performance SBCs with unique properties

• Focus on applications requiring extreme weather resistance and longevity

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2️⃣ 9. Sinopec (China Petroleum & Chemical Corporation)

Headquarters: Beijing, China
Key Offering: SBS (Styrene-Butadiene-Styrene) Modifiers, Polyolefins

As one of the largest integrated energy and chemical companies in the world, Sinopec is a major supplier of raw materials for the TPE market. It produces substantial volumes of SBS modifiers, which are extensively used in modified asphalt for waterproofing membranes and sealing applications across China’s vast construction sector.

Innovation Initiatives:

• Large-scale production of cost-effective SBS modifiers

• Catering to the massive domestic construction and infrastructure market

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1️⃣ 10. Versalis (Eni)

Headquarters: San Donato Milanese, Italy
Key Offering: Styrenic Elastomers, E-BCR (SBS)

Versalis, the chemical company of Eni, is a key European producer of elastomers, including styrenic block copolymers. Its products are used in compound formulations for construction seals, profiles, and bitumen modification. Versalis plays a significant role in supplying the European market with high-quality base materials for TPE production.

Innovation Initiatives:

• Development of sustainable elastomers from renewable sources

• Focus on circular economy principles within its product portfolio

Get Full Report Here: Thermoplastic Elastomers for Construction Market – View in Detailed Research Report

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🏗️ Outlook: The Future of Construction TPEs is Smarter and More Sustainable

The thermoplastic elastomers market for construction is undergoing a significant transformation. While traditional applications in sealing and roofing continue to dominate, the industry is increasingly focused on smarter material formulations, enhanced sustainability, and integration with digital construction practices.

📈 Key Trends Shaping the Market:

• Rise of bio-based and recycled-content TPEs to meet green building standards

• Development of “smart” TPEs with self-healing or sensing capabilities

• Increased demand for TPO membranes in energy-efficient “cool roof” systems

• Material innovations driven by stringent energy codes like IECC and LEED certifications

Get Full Report Here: Thermoplastic Elastomers for Construction Market – View in Detailed Research Report

The companies listed above are not only supplying essential materials for modern construction—they are actively engineering the future of high-performance, sustainable building envelopes.