The Global Thermoplastic Elastomers (TPE) 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 (2025–2034). This growth is driven by increasing demand for durable, high-performance building materials, stringent energy efficiency regulations, and the accelerating adoption of sustainable construction practices globally.

As the construction industry transforms toward greener and more efficient building solutions, the spotlight is on the key material suppliers who are driving innovation, durability, and performance. 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 shaping the future of building materials.

---

🔟 1. Kraton Polymers (Part of DL Chemical)

Headquarters: Houston, Texas, USA
Key Offering: Styrenic Block Copolymers (SBCs), Specialty TPEs for Seals and Roofing

Kraton Polymers is a leading global producer of styrenic block copolymers, which are fundamental to many construction-grade TPEs. Their materials are used in roofing membranes, weather seals, and adhesives, offering excellent flexibility, UV resistance, and weatherability for demanding building applications.

Innovation Initiatives:

• Development of high-performance SBCs with enhanced durability

• Focus on sustainable and recyclable TPE formulations

• Global R&D partnerships with construction material manufacturers

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

---

9️⃣ 2. DuPont de Nemours, Inc.

Headquarters: Wilmington, Delaware, USA
Key Offering: Hytrel® (TPC-ET), DuPont™ Engage™ (POE), Advanced TPE Solutions

DuPont offers a robust portfolio of high-performance thermoplastic elastomers, including its renowned Hytrel® copolyester elastomers, which are used in demanding construction applications such as advanced seals, profiles, and waterproofing membranes that require exceptional mechanical strength and chemical resistance.

Innovation Initiatives:

• Investment in bio-based and circular economy TPE solutions

• Development of materials meeting stringent building safety standards (e.g., flame retardancy)

---

8️⃣ 3. INEOS Styrolution

Headquarters: Frankfurt, Germany
Key Offering: Styrolux® (SBC), Styroflex®, Advanced Styrenic TPEs

INEOS Styrolution is a leading global styrenics supplier, providing essential raw materials and compounds for TPEs used in construction. Their products contribute to flexible seals, gaskets, and roofing components that require a balance of elasticity, transparency, and processing efficiency.

Innovation Initiatives:

• Pioneering recyclable styrenic TPE solutions

• Commitment to producing 100% recycled content materials

---

7️⃣ 4. Avient Corporation

Headquarters: Avon Lake, Ohio, USA
Key Offering: Versaflex™ TPEs, GLS Thermoplastic Elastomers, Custom Compounds

Avient Corporation is a premier provider of specialized polymer materials, including a wide range of TPEs engineered for construction. Their compounds are tailored for extruded profiles, roofing membranes, and sealants, offering specific properties like UV stability, color consistency, and weatherability.

Innovation Initiatives:

• Custom compounding for precise application requirements

• Sustainability focus with solutions for green building certifications

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

---

6️⃣ 5. LG Chem

Headquarters: Seoul, South Korea
Key Offering: TPO Compounds, Advanced Elastomers for Construction

LG Chem is a major chemical company with significant influence in the Asia-Pacific construction TPE market. They supply high-quality TPO and other elastomer compounds used extensively in roofing membranes and weather sealing systems for large-scale infrastructure and commercial projects.

Innovation Initiatives:

• R&D in high-heat and high-durability TPE grades

• Expansion of production capacity to meet growing regional demand

---

5️⃣ 6. HEXPOL AB

Headquarters: Malmö, Sweden
Key Offering: Thermoplastic Rubber Compounds (TPEs), Custom TPVs and TPOs

HEXPOL is a world-leading polymer compounding group with a strong focus on thermoplastic elastomers. Their materials are critical for construction applications requiring excellent compression set, long-term aging performance, and resistance to environmental factors, such as in window and door seals.

Innovation Initiatives:

• Global network of custom compounding facilities

• Development of flame-retardant and low-smoke TPEs for enhanced building safety

---

4️⃣ 7. Mitsubishi Chemical Corporation

Headquarters: Tokyo, Japan
Key Offering: TPE Compounds, Engineering Elastomers for Building Products

Mitsubishi Chemical offers a diverse portfolio of performance materials, including specialized TPEs for the construction sector. Their products are used in applications ranging from waterproofing sheets to flexible joints and profiles, known for their reliability and adherence to high-quality standards.

Innovation Initiatives:

• Focus on high-value, specialty TPEs for niche construction applications

• Integration of sustainability principles into material development

---

3️⃣ 8. Kuraray Co., Ltd.

Headquarters: Tokyo, Japan
Key Offering: SEPTON™ Hybrar® (Synthetic Rubber), TPEs for Sealing and Glazing

Kuraray is renowned for its high-performance elastomers, including hydrogenated styrenic block copolymers used in high-end construction seals and gaskets. Their materials provide superior elasticity, thermal stability, and resistance to creep under sustained load.

Innovation Initiatives:

• Leading technology in hydrogenated block copolymers

• Application development for energy-efficient building envelopes

---

2️⃣ 9. Sinopec (China Petroleum & Chemical Corporation)

Headquarters: Beijing, China
Key Offering: SBS Modifiers, TPE Raw Materials, Construction-Grade Compounds

As one of the largest integrated energy and chemical companies, Sinopec is a key supplier of raw materials for TPE production in the construction industry. It plays a vital role in the supply chain for SBS-modified bitumen for waterproofing and other elastomer applications in the vast Asia-Pacific market.

Innovation Initiatives:

• Large-scale production of cost-effective TPE feedstocks

• Supporting domestic infrastructure growth with local material supply

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

---

1️⃣ 10. Versalis (Eni)

Headquarters: San Donato Milanese, Italy
Key Offering: SEBS, SBS, and other Styrenic Elastomers

Versalis, the chemical company of Eni, is a major European producer of elastomers. Its styrenic TPEs are used in various construction products, including modified bitumen for roofing, sealants, and profiles that require flexibility and resistance to weathering across different climates.

Innovation Initiatives:

• Investment in circular economy projects and bio-based feedstocks

• Development of products supporting the European Green Deal for construction

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

---

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

The thermoplastic elastomers market for construction is undergoing a significant transformation. While traditional materials still hold substantial volume, the industry is increasingly investing in high-performance, sustainable alternatives, advanced compounding technologies, and solutions that contribute to energy-efficient buildings.

📈 Key Trends Shaping the Market:

• Rising demand for TPO roofing membranes driven by “cool roof” energy standards

• Regulatory push for airtight building envelopes boosting TPE-based sealing systems

• Development of bio-based and recyclable TPE formulations for circular construction

• Material innovations focusing on enhanced durability, flame retardancy, and ease of installation

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’re spearheading the innovation and sustainability transition of the built environment.