The Global Acrylic Thermoplastic Elastomer Market was valued at USD 1.8 Billion in 2023 and is projected to reach USD 2.9 Billion by 2030, growing at a Compound Annual Growth Rate (CAGR) of 6.2% during the forecast period (2024–2030). This growth is fueled by expanding applications in automotive weather stripping, industrial seals, and medical devices that require materials combining flexibility, durability and chemical resistance.

As industries increasingly demand versatile materials that meet both performance and sustainability goals, leading chemical manufacturers are developing advanced acrylic elastomer formulations. In this blog, we profile the Top 10 Companies in the Acrylic Thermoplastic Elastomer Industry – materials innovators pushing the boundaries of elastomer technology.

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🔟 1. Arkema Group

Headquarters: Colombes, France
Key Offering: Pebax® RNew bio-based acrylic elastomers

Arkema leads in sustainable acrylic elastomer solutions with its Pebax® RNew series containing up to 50% renewable content. These materials maintain excellent mechanical properties while reducing carbon footprint.

Innovation Highlights:

• Bio-based grades certified ISCC+

• Closed-loop recycling programs for production waste

• Specialized grades for automotive sealing systems

Download FREE Sample Report: Global Acrylic Thermoplastic Elastomer Market – View in Detailed Research Report

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9️⃣ 2. BASF SE

Headquarters: Ludwigshafen, Germany
Key Offering: Elastollan® acrylic-based TPUs

BASF’s polyurethane-based acrylic elastomers offer customizable hardness and elasticity profiles for demanding applications across industries.

Innovation Highlights:

• Medical-grade biocompatible formulations

• Automotive splash shield applications

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8️⃣ 3. DuPont de Nemours, Inc.

Headquarters: Wilmington, Delaware, USA
Key Offering: Hytrel® acrylic-modified TPCs

DuPont’s thermoplastic copolyester elastomers with acrylic modifiers provide exceptional weatherability and chemical resistance.

Innovation Highlights:

• High-flow grades for complex thin-wall parts

• UV-stable formulations for outdoor applications

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7️⃣ 4. Mitsubishi Chemical Corporation

Headquarters: Tokyo, Japan
Key Offering: Acryprene™ self-healing elastomers

Mitsubishi Chemical has pioneered elastomers with autonomic repair capabilities that extend product lifetimes significantly.

Innovation Highlights:

• Scratch-resistant automotive trim applications

• Anti-fouling marine coatings

Download FREE Sample Report: Global Acrylic Thermoplastic Elastomer Market – View in Detailed Research Report

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6️⃣ 5. Zeon Corporation

Headquarters: Tokyo, Japan
Key Offering: HyTemp® acrylic rubber compounds

Zeon’s specialty acrylic rubbers maintain flexibility across extreme temperature ranges from -40°C to +160°C.

Innovation Highlights:

• Enhanced oil resistance formulations

• Low-compression set grades

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5️⃣ 6. LG Chem

Headquarters: Seoul, South Korea
Key Offering: Lucene™ acrylic-based TPEs

LG Chem’s transparent acrylic elastomers enable innovative designs in consumer electronics and medical applications.

Innovation Highlights:

• Optically clear medical tubing

• Soft-touch consumer product components

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4️⃣ 7. Kuraray Co., Ltd.

Headquarters: Tokyo, Japan
Key Offering: Kurarity™ acrylic block copolymers

Kuraray’s acrylic elastomers achieve unprecedented softness (Shore A < 30) while maintaining mechanical integrity.

Innovation Highlights:

• Super-soft medical device components

• Adhesive applications

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3️⃣ 8. ExxonMobil Chemical

Headquarters: Houston, Texas, USA
Key Offering: Vistamaxx™ performance polymers

ExxonMobil’s acrylic-modified polyolefin elastomers provide cost-effective solutions for automotive and industrial applications.

Innovation Highlights:

• Recyclable single-material packaging solutions

• Impact-modified compounds

Download FREE Sample Report: Global Acrylic Thermoplastic Elastomer Market – View in Detailed Research Report

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2️⃣ 9. Teknor Apex Company

Headquarters: Pawtucket, Rhode Island, USA
Key Offering: Medalist® medical elastomers

Teknor Apex specializes in FDA-compliant acrylic elastomers for healthcare applications requiring purity and biocompatibility.

Innovation Highlights:

• Gamma radiation-resistant formulations

• Drug-compatible medical components

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1️⃣ 10. Riken Technos Corporation

Headquarters: Tokyo, Japan
Key Offering: Rikenflex™ acrylic TPVs

Riken’s thermoplastic vulcanizates combine the processing ease of thermoplastics with the performance of crosslinked rubber.

Innovation Highlights:

• Dynamically vulcanized compounds

• Automotive underhood applications

Get Full Report Here: Global Acrylic Thermoplastic Elastomer Market – View in Detailed Research Report

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🔮 Outlook: The Future of Acrylic Thermoplastic Elastomers Demands Performance and Sustainability

The acrylic thermoplastic elastomer market is undergoing a significant transformation as manufacturers balance high-performance requirements with environmental responsibilities. The next generation of materials will need to deliver technical superiority while meeting circular economy goals.

🔑 Key Trends Shaping the Market:

• Increasing use in battery component encapsulation for electric vehicles

• Development of self-healing and smart responsive materials

• Regulatory-driven shift toward phthalate-free plasticizer systems

• Expansion of recycling infrastructure for end-of-life elastomer products

Get Full Report Here: Global Acrylic Thermoplastic Elastomer Market – View in Detailed Research Report

The companies profiled above represent the forefront of acrylic thermoplastic elastomer innovation – developing materials that enable new product possibilities while addressing pressing sustainability challenges across industries.