What Elastron Chemical Industry does

Elastron Chemical Industry (Elastron Kimya San. ve Tic. A.Ş.) is a privately held Turkish specialty chemical compounder founded in 1980 and headquartered in Gebze, Kocaeli, Turkey. The company manufactures thermoplastic elastomer (TPE) compounds organized into four core product families: TPV (Elastron V, cross-linked EPDM-based vulcanizates), SEBS (Elastron G, styrene ethylene butylene styrene compounds), SBS (Elastron D, styrene butadiene styrene compounds), and Circular (Elastron C, recycled-content grades with PIR/PCR materials). Its portfolio serves five end-markets — automotive (primary), construction, consumer goods, industrial, and medical — with grades differentiated across hardness (12ShA to 65ShD), service temperature (-50°C to 135°C), UV/ozone resistance, flame retardancy, and substrate adhesion.

The business model is B2B materials sales: Elastron compounds TPE pellets that customers process via injection molding, extrusion, and blow molding into finished components. Pricing is quote-based and not publicly disclosed. Revenue is generated through a dual go-to-market combining direct sales from eight wholly-owned offices (Turkey, USA-Gainesville, Germany, Hong Kong, Shanghai, Guangzhou, Tokyo) and a 70+ distribution partner network, with a strategic North American channel partnership with Chase Plastics signed in October 2024.

Operationally, Elastron maintains audited quality, environmental, and safety management systems (IATF 16949:2016, ISO 9001:2015, ISO 14001:2015, ISO 45001:2018, GRI Standards), REACH/CLP compliance via a EU only-representative, and a dedicated knowledge center providing technical data sheets and processing guides. The company is led by President Yüksel Habip, operates with 101-250 employees, and is independently owned with no disclosed parent or institutional shareholders.

Name

Elastron Chemical Industry

Legal name

Elastron Kimya San. ve Tic. A.Ş.

Website

https://elastron.com

Company type

Private

Founded year

1980

Operating status

Operating

Headcount range

101–250 employees

Short description

Elastron Chemical Industry is a privately held Turkish thermoplastic elastomer (TPE) compounder, founded in 1980, manufacturing TPV, SEBS, SBS, and recycled-content grades for automotive, construction, consumer goods, industrial, and medical customers worldwide through direct offices and 70+ distributors.

Ownership category

akta.pro rank

Product category

Thermoplastic Elastomers (TPE) / Specialty Polymer Compounds

NAICS

Resin and Synthetic Rubber Manufacturing (32521), Plastics and Rubber Products Manufacturing (326), Resin, Synthetic Rubber, and Artificial and Synthetic Fibers and Filaments Manufacturing (3252), Synthetic Rubber Manufacturing (325212)

SIC

Plastic Materials, Synth Resins & Nonvulcan Elastomers (2821), Plastic Material, Synth Resin/Rubber, Cellulos (No Glass) (2820)

akta.pro primary industry

Thermoplastic Elastomer (TPE/TPU/TPV) Compounds (IMANABAC)

akta.pro secondary industries

Elastomers & Thermoplastic Elastomers (Synthetic Rubber, TPE/TPU) (IMAEANAF), Reprocessed Resin & Recycled Polymer Compounding (PCR/PIR Compounds) (IMANAMAG), Sustainable Rubber & Bio-elastomers (bio-based TPEs, natural rubber innovations) (IMANANAG)

Keywords

• Thermoplastic elastomers
• TPE compounds
• Polymer manufacturing
• Thermoplastic vulcanizates
• Specialty plastics materials

Headquarters

HQ city

Kocaeli

Offices8 records

Markets served

GTM type

B2B

Offering type

Hardware or Manufacturing

Cost components

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

Revenue model

1. TPE Material Sales: Elastron manufactures and sells thermoplastic elastomer compounds (TPV, SEBS, SBS, and Circular grades) to manufacturers across automotive, construction, consumer goods, industrial, and medical industries. Revenue is generated through direct material sales to customers who process the compounds into finished products.

Go-to-market motion2 records

Distribution channels2 records

Marketing channels5 records

Core offering

Elastron manufactures and sells thermoplastic elastomer (TPE) compounds globally, offering four core product lines: TPV (Elastron V) cross-linked EPDM-based vulcanizates, SEBS (Elastron G) styrene ethylene butylene styrene compounds, SBS (Elastron D) styrene butadiene styrene compounds, and Circular (Elastron C) sustainable grades with post-industrial and post-consumer recycled content. These compounds are sold to manufacturers in the automotive, construction, consumer goods, industrial, and medical industries who process them into finished components via injection molding, extrusion, or blow molding.

Product overview

Elastron is a global leader in thermoplastic elastomers (TPE) offering a comprehensive portfolio of four core product lines: TPV (Elastron V) for cross-linked EPDM-based vulcanizates, SEBS (Elastron G) for styrene ethylene butylene styrene compounds, SBS (Elastron D) for styrene butadiene styrene compounds, and Circular (Elastron C) for sustainable recycled-content grades. The product portfolio serves five key industries: Automotive, Construction, Consumer Goods, Industrial, and Medical. The company operates manufacturing in Turkey with global distribution across North America, EMEA, and Asia-Pacific regions through 70+ distribution partners.

Differentiator

Problem solved

Functional benefit

Brands

• Elastron V: TPV (thermoplastic vulcanizate) product line - cross-linked EPDM based thermoplastic elastomer vulcanizates
• Elastron G
• Elastron D
• Elastron C

Products and services

• TPV - Elastron V Cross-linked EPDM-based thermoplastic elastomer vulcanizates offering excellent mechanical properties, design flexibility, easier processing, and recyclability compared to EPDM and thermoset rubber; service temperature range from -50°C to 135°C with hardness range 30 ShA to 65 ShD; for automotive, construction, industrial and consumer applications.
• SEBS - Elastron G SEBS (styrene ethylene butylene styrene) based TPE compounds combining properties of raw SEBS resins and polyolefins with enhanced processability, improved mechanical properties, recyclability, design flexibility, soft touch, and comfort; service temperature from -50°C to 120°C; hardness range 12 ShA to 65 ShD with adhesion to PA, ABS, PS and PC engineering plastics.
• SBS - Elastron D SBS (styrene butadiene styrene) based TPE compounds combining properties of raw SBS resins and polyolefins with enhanced processability, improved mechanical properties, recyclability, design flexibility, elasticity, soft touch, and comfort; service temperature from -50°C to 70°C; hardness range 30 ShA to 65 ShD with good resistance to acids and bases.
• Circular - Elastron C Sustainable TPE compounds containing post-industrial and/or post-consumer recycled materials (PIR, PCR), designed to help customers meet sustainability objectives while maintaining processability and performance characteristics.

Quantifiable outcome

• Energy consumption reduced by 5.5%
• +2 more outcomes

Segments5 records

Ideal customer profiles5 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature5 records

Partnerships

One partnership is on record.

• Chase PlasticscoreChannel Partner/ Reseller/ Distributor · 1 October 2024Elastron partnered with Chase Plastics, a plastic distributor, to extend distribution reach in North America. Chase Plastics serves as a distribution partner for Elastron's TPE compound products, enabling broader market access and localized customer service.

Scale indicators3 records

Recent moves5 records

Expansion highlights5 records

Direct peers

• Kraiburg TPE: German-headquartered TPE compounder offering custom-engineered TPE compounds across automotive, industrial, consumer, and medical applications. Direct product overlap with Elastron V, G, and D series and similar customer base.
• Teknor Apex: Privately held US specialty compounder producing TPE, PVC, and engineered materials. Competes directly with Elastron in North American automotive and industrial TPE applications.
• Hexpol TPE (Star Thermoplast): TPE compounding business within Hexpol AB producing dry blend TPE compounds. Closely comparable product portfolio and customer verticals to Elastron's compounded TPE offerings.
• RTP Company: US-based specialty compounder of engineered thermoplastics including TPE compounds. Competes with Elastron in customized TPE formulations for automotive and industrial customers.

Broad incumbents

• Avient Corporation: Large US specialty polymer materials supplier with a broad TPE portfolio including reSound, Versaflex, and Versalloy. Overlaps Elastron's portfolio but operates at significantly greater scale and broader portfolio breadth.
• Kraton Corporation (DL Chemical): Major global producer of SEBS, SBS, and other styrenic block copolymers used as the base polymers Elastron compounds. Both supplier and competitor across overlapping TPE end markets.
• Asahi Kasei: Japanese chemical conglomerate producing TPE polymers and compounds including TUFTEC and S.O.E. Overlaps Elastron in SEBS-based TPE supply and competes across automotive and electronics applications.
• Dynasol Group: Global producer of SBS, SEBS, and other elastomers serving adhesives, asphalt modification, and TPE compounding. Overlaps Elastron's SBS/SEBS supply chain and competes in TPE elastomer markets.
• Mitsubishi Chemical Group: Diversified Japanese chemical producer with a broad TPE and elastomer portfolio across automotive and industrial uses. Competes with Elastron in Asia-Pacific and globally on performance TPE grades.

Emerging players

• Suzhou Hi-tech Elastomer: Chinese TPE compounder focused on SEBS/SBS/TPV compounds for consumer goods, toys, and automotive. Regional player with overlapping product chemistry competing in Asia-Pacific.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

• YouTubeyoutube.com/@elastrontpe4205
• LinkedInlinkedin.com/company/elastron

Compliance6 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles1 record

Subsidiaries6 records

Funding overview

Funding rounds

Investors

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

M&A

Investments

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

Frequently asked questions about Elastron Chemical Industry