What Huntsman Advanced Materials does

Huntsman Advanced Materials is a global specialty chemicals division of Huntsman Corporation (NYSE: HUN), manufacturing high-performance polyurethane, thermoplastic polyurethane (TPU), epoxy, and battery materials chemistries for industrial customers across approximately 25 countries. Its product portfolio centers on differentiated platforms including SHOKLESS™ EV battery encapsulation systems, a lithium-ion battery materials portfolio covering cathodes, anodes and solid-state electrolytes, HP-RTM resin systems for automotive CFRP manufacturing, MDI-based rigid polyurethane foams for cold chain insulation, and epoxy/polyurethane encapsulants for electronics protection.

The division operates more than 55 manufacturing, R&D and operations facilities supported by ~6,000 associates and serves eleven primary end-markets including aerospace and defense, automotive and transportation, electronics and semiconductors, building and construction, cold chain, elastomers, footwear, furniture and bedding, energy, industrial, and composites. Site-level certifications (IATF 16949, AS/EN 9100, ISO 9001/14001/45001/17025, Responsible Care) underpin qualification into regulated OEM supply chains.

The business model is enterprise B2B with direct sales through four regional customer service centers (The Woodlands, Krakow, Panyu, Mumbai) and a European Distribution Network, supplemented by long-standing co-development partnerships with automotive OEMs (notably BMW Group for HP-RTM) and equipment manufacturers (KraussMaffei, Engel Austria, Hennecke). Pricing is quote-based and contract-negotiated with multi-year contract cadence typical of the specialty chemicals industry; revenue is recognized through one-time product sales to industrial manufacturers rather than licensing or subscription models. The June 2026 announced merger of equals with Olin Corporation to form OlinHuntsman Corporation ($12B+ combined) is the most significant recent corporate event.

Name

Huntsman Advanced Materials

Legal name

Huntsman International LLC

Website

https://huntsman.com

Company type

Public

Founded year

1970

Operating status

Operating

Headcount range

5,001–10,000 employees

Short description

Huntsman Advanced Materials, a division of Huntsman Corporation (NYSE: HUN), manufactures polyurethane, TPU, epoxy and battery materials for automotive, aerospace, electronics, construction and industrial OEMs across ~25 countries and 55+ facilities.

Ownership category

akta.pro rank

Product category

Specialty Chemicals

NAICS

Resin and Synthetic Rubber Manufacturing (32521), Paint, Coating, and Adhesive Manufacturing (3255), Paint and Coating Manufacturing (325510)

SIC

Plastic Material, Synth Resin/Rubber, Cellulos (No Glass) (2820), Adhesives & Sealants (2891), Plastic Materials, Synth Resins & Nonvulcan Elastomers (2821), Paints, Varnishes, Lacquers, Enamels & Allied Prods (2851)

akta.pro primary industry

Thermoset & Reactive Resin Manufacturing (Epoxy, Polyester, Phenolic, Urethane systems) (IMANAAAC)

akta.pro secondary industries

Roofing Adhesives, Sealants & Leak Repair (IMADAOAF), Tapes, Labels & Pressure-Sensitive Adhesives (IMAEAGAJ), Packaging Materials & Chemicals (Underfill/Mold Compound/Die Attach/Solders) (HDAHAGAM), Label Stock, Inks, Coatings & Laminates (Materials Supply) (IMALAKAL)

Keywords

• Epoxy adhesives
• Polyurethane systems
• Thermoplastic polyurethanes
• EV battery materials
• Specialty chemical materials

Headquarters

HQ city

The Woodlands

HQ country

United States

HQ region

North America

Offices17 records

Markets served

GTM type

B2B

Offering type

Hardware or Manufacturing

Cost components

Supply Chain, Operations, Personnel, Technology or R&D, Infrastructure, Marketing or Sales

Revenue model

1. Chemical Products Sales: Diversified chemical products sold worldwide to manufacturers serving broad and diverse consumer and industrial end markets. Products include polyurethanes, performance products, and advanced materials. Revenue generated through direct sales to OEMs and industrial manufacturers.

Pricing tiers

Go-to-market motion2 records

Distribution channels2 records

Marketing channels7 records

Core offering

Huntsman Advanced Materials, a division of Huntsman Corporation (NYSE: HUN), manufactures and sells high-performance specialty chemical materials including polyurethane systems, thermoplastic polyurethanes (TPU), advanced epoxy adhesives, and battery materials for lithium-ion applications. The portfolio spans SHOKLESS™ EV battery encapsulation systems, fast-curing HP-RTM resin systems for automotive composites, MDI-based rigid polyurethane foam for cold-chain insulation, and encapsulant chemistries for electronics. Products are sold directly to OEMs and industrial manufacturers across aerospace, automotive, electronics, construction, footwear, furniture and industrial sectors.

Product overview

Huntsman Advanced Materials operates as a division of Huntsman Corporation, offering a diversified portfolio of high-performance chemical materials. The product portfolio centers on advanced polyurethane systems (including SHOKLESS™ for EV batteries), thermoplastic polyurethanes (TPU), battery materials for lithium-ion applications, and epoxy adhesive solutions. These products serve technical, application-driven markets including automotive and transportation, aerospace and defense, electronics and semiconductors, building and construction, cold chain, elastomers, footwear, furniture and bedding, and industrial manufacturing. The division combines global manufacturing scale with local customer service delivery across Americas, Europe, and Asia Pacific regions.

Differentiator

Problem solved

Functional benefit

Brands

• SHOKLESS™: Polyurethane-based systems for electric vehicle (EV) battery encapsulation, designed to be lightweight, shock-resistant, thermally optimized and structurally strong

Products and services

• SHOKLESS™ Systems Polyurethane-based encapsulation systems developed for electric vehicle (EV) battery cells, offering lightweight, shock-resistant, thermally optimized and structurally strong solutions for OEMs and battery manufacturers.
• Battery Materials Portfolio Critical materials for reliable operation and longevity of lithium-ion batteries, enabling higher conductivity, thicker cathodes, and higher silicon loading in anodes. Capabilities include enabling emerging technologies such as high silicon anodes, solid state electrolytes, flexible batteries, and safer aqueous production methods.
• Polyurethane Systems Polyurethane-based chemical systems including MDI-based rigid polyurethane foam for thermal insulation in cold chain applications, flexible polyurethane foam for furniture and bedding, and elastomers for industrial applications.
• Thermoplastic Polyurethanes (TPU) Thermoplastic polyurethane elastomers used across many industries including automation, robotics, engineering, automotive, footwear, and industrial manufacturing for creating components and technical parts.
• Advanced Epoxy Adhesives Epoxy-based adhesive solutions used across industrial applications including electronics encapsulant chemistries, aerospace, automotive, and construction. Includes both epoxy and polyurethane encapsulant chemistries for protecting devices against chemical, mechanical, and electrical loads.
• HP-RTM Resin Systems High-Pressure Resin Transfer Molding resin systems developed for automotive manufacturing of carbon fiber reinforced plastic (CFRP) structural components, enabling volume production of complex parts at reduced cycle times and costs compared to conventional RTM processes.

Quantifiable outcome

• HP-RTM cycle times under 10 minutes compared to 30-60 minutes for conventional low-pressure RTM, enabling ~50% lower cost than traditional CFRP roof manufacturing
• +2 more outcomes

Named customers5 records

Segments11 records

Ideal customer profiles5 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature5 records

Partnerships

Five partnerships are on record, tiered major, core and flagship.

• BMW GroupmajorStrategic or Co-development PartnerBMW Group pioneered HP-RTM (High-Pressure Resin Transfer Molding) technology using carbon fiber reinforced plastic (CFRP) in series production of i3 and i8 models. Huntsman supplies faster-curing resin systems for this process, enabling cycle times under 10 minutes.
• KraussMaffeicoreTechnology or IntegrationKey equipment supplier deploying HP-RTM systems globally for automotive manufacturing. Huntsman's resin systems compatible with their equipment for high-volume CFRP production.
• Engel AustriacoreTechnology or IntegrationEquipment supplier deploying HP-RTM systems globally for automotive manufacturing applications.
• HenneckecoreTechnology or IntegrationEquipment supplier deploying HP-RTM systems globally for automotive manufacturing applications.
• Olin CorporationflagshipStrategic or Co-development PartnerAnnounced transformative merger of equals in June 2026 to create $12+ billion integrated North American chemicals leader. Complementary upstream and downstream capabilities combining Olin's chlor-alkali assets with Huntsman's polyurethane systems, formulation technologies and advanced materials. Expected to generate $400+ million in cost synergies.

Scale indicators5 records

Recent moves9 records

Expansion highlights5 records

Broad incumbents

• BASF SE: BASF is the largest diversified chemical company globally with significant overlap with Huntsman in polyurethanes (MDI/TDI systems), epoxy resins, encapsulants, automotive lightweighting, battery materials and construction chemicals, spanning a much broader portfolio than Huntsman's specialty focus.
• Evonik Industries: Evonik is a German specialty chemicals company with strong positions in polyurethanes/additives, high-performance polymers, and composite/silicone chemistries serving automotive, electronics and construction — a comparable specialty counterpart to Huntsman with similar end-market exposures.
• Solvay SA: Solvay is a Belgian specialty chemicals and advanced materials producer with comparable positions in composite materials, specialty polymers, adhesives and electronics materials — directly overlapping with Huntsman Advanced Materials in high-performance composites for aerospace and automotive.
• Dow Inc. Dow produces polyurethanes (including MDI systems for insulation and construction), adhesives, and specialty plastics, with overlapping markets in automotive, packaging, building & construction, and electronics — comparable to Huntsman Advanced Materials as a broad incumbent with significant polyurethane exposure.
• 3M Company: 3M operates a sizable Advanced Materials division supplying adhesives, encapsulants, electronic materials and specialty chemicals with overlapping end-market exposure to automotive, electronics and industrial customers served by Huntsman Advanced Materials.
• DuPont de Nemours: DuPont is a diversified specialty materials company with overlapping product lines in advanced materials, electronic materials, adhesives, and composites for aerospace, automotive and electronics — directly comparable to Huntsman Advanced Materials in high-performance, specification-driven chemistries.

Direct peers

• Wanhua Chemical: Wanhua is the largest Chinese MDI/TDI producer and a direct polyurethane competitor, offering polyurethane systems, TPU elastomers, and increasingly battery and EV-adjacent chemistries — emerging as a cost-aggressive specialty challenger to Huntsman in automotive and construction end-markets.
• Covestro AG: Covestro is one of the world's leading polyurethane producers (MDI, TDI, polyether polyols) and a direct specialty peer to Huntsman Advanced Materials in polyurethane systems, TPU elastomers and coatings/adhesive raw materials serving automotive, construction and electronics end-markets.
• PPG Industries: PPG is a global coatings and specialty materials leader, comparable to Huntsman Advanced Materials' coatings, adhesives and encapsulant chemistries used in automotive, aerospace, electronics and construction — overlapping directly in protective and functional coating portfolios.

Emerging players

• Celanese Corporation: Celanese is a specialty chemicals company with engineered materials and acetyl chain assets serving automotive, electronics and consumer durables — competing with Huntsman in specialty engineered polymers, adhesives and encapsulants for EV and electronics applications.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks7 records

Key highlights7 records

Customer concentration

• Xx.com/Huntsman_Corp
• YouTubeyoutube.com/user/HuntsmanCorp
• Facebookfacebook.com/huntsmancorp
• LinkedInlinkedin.com/company/huntsman
• Instagraminstagram.com/huntsman_corp/?hl=en

Compliance6 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles1 record

Subsidiaries7 records

Funding overview

Funding rounds2 records

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A10 records

Investments1 record

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Huntsman Advanced Materials