What HEXPOL TPE does

HEXPOL TPE is a Sweden-based business unit of HEXPOL AB (publ.), a publicly listed company on the Stockholm Stock Exchange (ticker: HEXPOL), specializing in the compounding of thermoplastic elastomers (TPEs) and related flexible polymer materials. Operating with 60+ years of accumulated compounding expertise, HEXPOL TPE manufactures a portfolio organized into branded product families — Dryflex (general-purpose TPS, TPO, TPU, TPC, TPV grades for consumer, automotive, construction, and cable), Mediprene (medical-grade TPEs for devices such as tubing and oxygen masks), Epseal (taste-free food-contact sealing compounds for beverage closures), Lifobatch (color and additive masterbatch), Lifocork (biocomposite cork materials), and Lifolit (non-Phthalate, DEHP-free soft PVC) — alongside sustainable sub-brands Dryflex Green (biobased TPEs from renewable plant sources) and Dryflex Circular (recycled-content TPEs), plus the Dryflex Cable LSZH line for wire and cable sheathing, insulation, and bedding. The division sits within HEXPOL Group, whose other business areas include Rubber Compounding, Thermoplastic Compounding, Gislaved Gummi (Gaskets & Seals), and Stellana (Wheels); HEXPOL Group reported Q2 2026 sales of 5,280 MSEK with EBIT of 728 MSEK (13.8% margin), citing strong organic growth led by the Thermoplastic Compounding business area.

Name

HEXPOL TPE

Legal name

HEXPOL AB

Website

https://hexpoltpe.com

Company type

Public

Founded year

1960

Operating status

Operating

Headcount range

251–500 employees

Short description

HEXPOL TPE is a Sweden-based business unit of HEXPOL AB (publ.) that compounds thermoplastic elastomers and flexible polymer materials, supplying automotive, medical, food & beverage, wire & cable, consumer, and construction manufacturers worldwide.

Ownership category

akta.pro rank

Product category

Thermoplastic Elastomer (TPE) Compounding Materials

NAICS

Resin and Synthetic Rubber Manufacturing (32521), Resin, Synthetic Rubber, and Artificial and Synthetic Fibers and Filaments Manufacturing (3252)

SIC

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

akta.pro primary industry

Elastomers & Thermoplastic Elastomers (Synthetic Rubber, TPE/TPU) (IMAEANAF)

akta.pro secondary industries

Thermoplastic Elastomer (TPE/TPU/TPV) Compounds (IMANABAC), Thermoplastic Elastomer (TPE/TPV) Compounding (IMANAJAC)

Keywords

• Thermoplastic elastomer compounds
• Flexible polymer compounding
• Medical grade TPE materials
• Biobased polymer compounds
• TPE masterbatch solutions

Headquarters

HQ city

Åmål

HQ country

Sweden

HQ region

Europe

Offices5 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. TPE Material Sales: HEXPOL TPE generates revenue through the sale of thermoplastic elastomer compounds and related materials. The company manufactures and sells various TPE product families including Dryflex, Medioprene, Epseal, Lifocork, Lifolit, and masterbatch products. Revenue is derived from direct sales to manufacturers across automotive, medical, consumer, construction, and other industrial sectors.

Go-to-market motion2 records

Distribution channels1 record

Marketing channels5 records

Core offering

HEXPOL TPE manufactures and sells thermoplastic elastomer (TPE) compounds and flexible polymer materials through multiple branded product families — Dryflex, Mediprene, Epseal, Lifobatch, Lifocork, Lifolit, Dryflex Green, Dryflex Circular, and Dryflex Cable. Products span TPS, TPO, TPU, TPC, and TPV chemistries, colour and additive masterbatches, biocomposite cork compounds, and non-phthalate soft PVC. The compounds are sold to industrial manufacturers serving automotive, medical, food & beverage, wire & cable, consumer goods, and building & construction applications.

Product overview

HEXPOL TPE is a flexible polymer compounding company with over 60 years of experience, offering a comprehensive portfolio of TPE materials organized into product families and specialized sub-brands. The core product families include Dryflex TPE (their largest family serving consumer, automotive, construction, and cable markets), Mediprene TPE (medical-grade materials), Epseal TPE (food-contact sealing solutions), Lifobatch Masterbatch (color and additive solutions), Lifocork (biocomposite materials), and Lifolit Soft PVC. These are complemented by sustainable variants—Dryflex Green (biobased TPEs from renewable sources) and Dryflex Circular (recycled content TPEs). The portfolio covers multiple TPE types including TPS, TPO, TPU, TPC, TPV, flexible PVC, and masterbatch solutions. Manufacturing is conducted across facilities in Sweden, UK, Germany, China, and USA, serving global markets with applications ranging from medical tubing and baby products to automotive components and cable sheathing.

Differentiator

Problem solved

Functional benefit

Brands

• Dryflex TPE: Largest TPE product family with grades for consumer, automotive, construction, cable applications
• Mediprene TPE
• Epseal TPE
• Lifobatch Masterbatch
• Lifocork
• Lifolit Soft PVC
• Dryflex Green TPE
• Dryflex Circular TPE
• Dryflex Cable

Products and services

• Dryflex TPE

Segments6 records

Ideal customer profiles6 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature8 records

Scale indicators4 records

Recent moves5 records

Expansion highlights4 records

Direct peers

• Kraiburg TPE: Kraiburg TPE is a Germany-based specialty compounder of thermoplastic elastomers serving automotive, industrial, consumer, and medical markets. It is one of the closest direct peers to HEXPOL TPE, competing head-to-head in TPS, TPV, and custom TPE compounds across similar applications and geographies.
• RTP Company: RTP Company is a US-based specialty thermoplastic compounder offering engineered TPE compounds among other polymers, serving medical, automotive, and industrial customers. It is directly comparable to HEXPOL TPE in custom-compounded TPE grades for performance-critical applications.
• Teknor Apex: Teknor Apex is a US-headquartered specialty compounder with a substantial TPE portfolio (Elexar, Monoprene, Telcar brands) serving wire & cable, automotive, medical, and consumer markets. It directly competes with HEXPOL TPE in custom TPE formulation and global supply to OEMs.

Broad incumbents

• Lanxess AG: Lanxess is a German specialty chemicals company with a significant elastomers and rubber additives business serving automotive, tire, and industrial customers. It competes with HEXPOL TPE in synthetic rubber and elastomer chemistries, particularly for automotive seals and industrial rubber goods.
• BASF SE: BASF is one of the world's largest integrated chemical companies with a substantial performance materials and specialty plastics portfolio, including TPEs and TPU. It is a broad incumbent competing with HEXPOL TPE across multiple end markets and with captive upstream monomer supply.
• Arkema SA: Arkema is a French specialty materials company with TPE/TPV offerings (Pebax, Platamid, among others) serving automotive, sports, electronics, and industrial markets. It is a broader incumbent with integrated polymer chemistry capabilities that overlap with HEXPOL TPE's portfolio.
• Avient Corporation: Avient (formerly PolyOne) is a large US specialty polymer materials company with a broad TPE portfolio (including reSound, Versaflex, Versollan, GLS grades) serving healthcare, automotive, consumer, and industrial markets. It is a broader incumbent that competes across many of HEXPOL TPE's segments as part of a wider materials portfolio.
• Dow Inc. Dow is a major US integrated chemical producer with significant polyolefins, elastomers, and engineered plastics offerings that compete with HEXPOL TPE in TPO/TPV and downstream compounding. Its scale, captive feedstocks, and global reach position it as a broad incumbent competitor.
• Celanese Corporation: Celanese is a US-based specialty materials company with engineered polymers and TPE-related offerings (including the former DuPont M&M business). It competes with HEXPOL TPE in automotive, consumer, and industrial elastomer applications as a broader incumbent with global reach.
• Asahi Kasei Corporation: Asahi Kasei is a Japanese diversified chemicals and materials company that produces TPU, TPE, and specialty elastomers under brands such as Asahi Kasei TPU and Sunplast. It serves automotive, medical, and consumer markets as a broad incumbent with capabilities overlapping HEXPOL TPE's range.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks5 records

Key highlights6 records

Customer concentration

• YouTubem.youtube.com/channel/UCcI23Yz1J77b5tOhBUUmwYQ
• LinkedInlinkedin.com/company/hexpol-tpe
• Xx.com/hexpolTPE
• Facebookfacebook.com/Hexpol-TPE-547971489009969

Revenue estimate

Valuation estimate

Number of profiles

Profiles1 record

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 HEXPOL TPE