Star Thermoplastic Alloys & Rubbers

What Star Thermoplastic Alloys & Rubbers does

Note on entity scope: the firmographic record for Star Thermoplastic Alloys & Rubbers describes a 1993-founded, Broadview (USA)-based, privately held company with 101–250 employees, while the detailed product, technology, customer, and corporate data in the corpus describe HEXPOL TPE, a division of HEXPOL AB (publicly listed on Nasdaq Stockholm, HQ Malmö, Sweden, founded 1960). The analysis below is grounded in the HEXPOL TPE evidence, which constitutes the substantive content of the input.

HEXPOL TPE is a specialized polymer compounder that develops, manufactures, and sells thermoplastic elastomer (TPE) compounds and related materials to B2B customers across automotive, building and construction, consumer goods, electrical/wire and cable, food and beverage, medical/healthcare, and personal care end markets. Its core technology is flexible polymer compounding spanning the major TPE chemistries — TPS (styrenic block copolymers), TPO (thermoplastic polyolefins), TPU (thermoplastic polyurethane), TPC (thermoplastic copolyester), and TPV (thermoplastic vulcanizates) — as well as colour and additive masterbatch and flexible PVC. The portfolio is organized into proprietary sub-brands targeting specific application requirements: Dryflex (the flagship general-purpose TPE family), Mediprene (medical-grade biocompatible compounds), Epseal (taste-free food-contact sealing compounds), Dryflex Cable (LSZH wire and cable compounds), Lifolit (non-phthalate/DEHP-free soft PVC), Lifocork (biocomposite cork compounds), and the sustainability-focused Dryflex Green (biobased) and Dryflex Circular (recycled-content) lines.

The business operates a direct-sales model with locally staffed technical teams supported by manufacturing facilities in Sweden, the UK, Germany, China, and the USA, enabling localized production and supply for global OEMs and component manufacturers. Revenue is generated through one-time material sales of standard and custom-formulated compounds on a quote-based pricing structure that varies by grade, volume, and customization. HEXPOL TPE is a wholly owned division of HEXPOL AB (publ), a publicly traded Swedish polymer group with adjacent divisions in rubber compounding, thermoplastic compounding, gaskets and seals, and wheels, and the parent has announced the acquisition of Vipa Group as a portfolio expansion move.

Name

Star Thermoplastic Alloys & Rubbers

Legal name

HEXPOL TPE

Website

https://starthermoplastics.com

Company type

Public

Founded year

1960

Operating status

Operating

Headcount range

101–250 employees

Short description

HEXPOL TPE (the data corpus subject) is a division of HEXPOL AB that manufactures and sells custom thermoplastic elastomer compounds for automotive, medical, construction, consumer, food-contact, and cable customers globally via direct sales and localized production.

Ownership category

akta.pro rank

Product category

Polymer Compounds

NAICS

Resin, Synthetic Rubber, and Artificial and Synthetic Fibers and Filaments Manufacturing (3252), Synthetic Rubber Manufacturing (325212)

SIC

Plastic Materials, Synth Resins & Nonvulcan Elastomers (2821)

akta.pro primary industry

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

akta.pro secondary industry

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

Keywords

• TPE compounds
• Thermoplastic elastomers
• Polymer compounding
• Masterbatch materials
• Flexible PVC compounds

Headquarters

HQ city

Broadview

HQ country

United States

HQ region

North America

Offices6 records

Markets served

GTM type

B2B

Offering type

Hardware or Manufacturing

Cost components

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

Revenue model

1. TPE Material Sales: Sale of thermoplastic elastomer compounds and custom polymer formulations to industrial manufacturers. Revenue generated through direct material sales to customers in automotive, medical, consumer, construction, electrical, food & beverage, and other end markets. The company offers both standard product grades and customized compound development.

Go-to-market motion1 record

Distribution channels1 record

Marketing channels6 records

Core offering

Star Thermoplastic Alloys & Rubbers operates as a flexible polymer compounding company that develops and sells thermoplastic elastomer (TPE) compounds and related materials to industrial manufacturers. The portfolio spans TPS, TPO, TPU, TPC, TPV, colour and additive masterbatches, and flexible PVC compounds sold under product families such as Dryflex, Mediprene, Epseal, Lifobatch, Lifocork, and Lifolit for applications in automotive, medical, consumer, construction, electrical, food and beverage, and wire and cable end markets.

Product overview

HEXPOL TPE is a flexible polymer compounding company offering a portfolio of thermoplastic elastomer (TPE) materials and solutions. The product range spans multiple TPE families including TPS (Styrenic Block Copolymers), TPO (Thermoplastic Olefins), TPU (Thermoplastic Polyurethane), TPC (Thermoplastic Copolyester), TPV (Thermoplastic Vulcanizates), flexible PVC, and colour/additive masterbatches. The core product families include Dryflex TPE (the largest line serving consumer, automotive, construction, and cable markets), Medioprene (medical-grade TPEs), Epseal (food-contact sealing solutions), and Lifobatch (masterbatch additives). Sustainability-focused sub-brands include Dryflex Green (biobased TPEs from renewable sources) and Dryflex Circular (recycled-content TPEs), while Lifocork provides biocomposite cork compounds and Lifolit offers soft PVC alternatives. All products are manufactured across facilities in Sweden, UK, Germany, China, and USA.

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 The largest TPE product family in the portfolio, with grades engineered for consumer, automotive, construction, and cable applications. It is the flagship offering serving broad industrial markets.
• Mediprene TPE Medical-grade TPE materials developed specifically for medical device applications, including medical tubing and oxygen masks, with required biocompatibility and safety attributes.
• Epseal TPE Taste-free TPE sealing compounds formulated for the food and beverage industry, used in bottle cap liners, beverage closures, and food container seals.
• Lifobatch Masterbatch Colour and additive masterbatch products for polymer colouring and performance enhancement, used in compounding operations across polymer processors.
• Lifocork Biocomposites Biocomposite compounds combining the natural feel of cork with the processability of plastic, designed for biocomposite material applications.
• Lifolit Soft PVC Non-Phthalate and DEHP-free soft PVC materials developed for sensitive applications that require restricted use of plasticisers.
• Dryflex Green Biobased TPEs Biobased TPE compounds with raw materials sourced from renewable plant-based sources, positioned as sustainable alternatives to conventional TPEs.
• Dryflex Circular TPEs TPE compounds that incorporate recycled polymer content to support circular-economy applications and reduce virgin material use.
• Dryflex Cable LSZH Compounds Low-smoke, halogen-free (LSZH) TPE compounds engineered for wire and cable sheathing, insulation, and bedding applications requiring fire safety.

Segments7 records

Ideal customer profiles1 record

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature9 records

Scale indicators2 records

Recent moves5 records

Expansion highlights5 records

Broad incumbents

• Arkema: Specialty chemicals company with a wide range of TPE-adjacent materials including biobased Pebax and other engineered elastomers. Competes in automotive, sports, and consumer goods with broader specialty chemicals portfolio.
• Sumitomo Chemical: Diversified Japanese chemical company with synthetic rubber and TPE offerings serving automotive, electronics, and industrial markets. Comparable as a broad incumbent in specialty elastomers.
• Dow: Global chemical company producing Engage and other polyolefin elastomers/TPEs used in automotive, packaging, and consumer applications. Broad incumbent with TPE offerings that compete with HEXPOL's polyolefin-based grades.
• Mitsubishi Chemical Group: Diversified chemical group producing TPE, TPU, and specialty elastomers for automotive, medical, and industrial markets globally. Comparable as a broad incumbent with significant specialty polymer operations.
• BASF: Global chemical major producing TPU (Elastollan), styrenic block copolymers, and other TPE raw materials. Competes with HEXPOL TPE as a vertically integrated upstream and downstream player with broader portfolio reach.

Direct peers

• RTP Company: Custom thermoplastic compounder offering TPE, engineering thermoplastics, and specialty compounds across multiple global facilities. Comparable in custom compounding model, broad product portfolio, and diversified end-market exposure.
• Avient Corporation: Specialty polymer materials supplier offering a broad portfolio of TPE, TPU, and custom engineered compounds serving automotive, medical, consumer, and industrial end-markets. Directly comparable to HEXPOL TPE across the full TPE chemistry range and customer segments.
• Teknor Apex: Custom compounder of TPE, flexible PVC, and specialty thermoplastics with multiple manufacturing sites globally. Closely comparable in product breadth, custom compound development model, and automotive/medical/consumer exposure.
• KRAIBURG TPE: Specialist TPE compounder offering TPS, TPV, and copolyester-based elastomers for automotive, industrial, consumer, and medical applications. Direct competitor with overlapping product families and similar target end-markets.
• Elastron: TPE/TPV specialty compounder serving automotive, construction, consumer goods, and industrial markets. Comparable in TPE/TPV chemistry focus and mid-market custom compounding positioning.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat6 records

Key risks7 records

Key highlights7 records

Customer concentration

• YouTubem.youtube.com/channel/UCcI23Yz1J77b5tOhBUUmwYQ
• LinkedInlinkedin.com/company/hexpol-tpe

Revenue estimate

Valuation estimate

Number of profiles

Subsidiaries1 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 Star Thermoplastic Alloys & Rubbers