Modified Resins for Tires Market (By Type: Anti-slip Resin, Tear-resistant Resin, Low Rolling Resistance Resin, and Others; By Application: Passenger Cars and Commercial Vehicles; By Region: North America, Europe, Asia Pacific, Latin America, and Middle East & Africa) Industry Size, Share, Growth, Trends 2025 to 2034
The global modified resins for tires market, valued at USD 145 million in 2024, is projected to reach USD 296.08 million by 2034, growing at a CAGR of 7.4% as demand for high-performance, durable, and sustainable tire materials rises.
| Reports Attributes | Statistics |
| Market Size in 2024 | USD 145Million |
| Market Size in 2025 | USD 155.73 Million |
| Market Size in 2031 | USD 239 Million |
| Market Size by 2034 | USD 296.08 Million |
| CAGR 2025 to 2034 | 7.4% |
| Base Year | 2024 |
| Forecast Period | 2025 to 2034 |
| Regions | Shares (%) |
| North America | 35% |
| Asia Pacific | 30% |
| Europe | 25% |
| LAMEA | 10% |
| Segments | Shares (%) |
| Anti-slip Resin | 30% |
| Tear-resistant Resin | 25% |
| Low Rolling Resistance Resin | 25% |
| Others | 20% |
| Segments | Shares (%) |
| Passenger Cars | 60% |
| Commercial Vehicles | 40% |
Published by Saurabh Bidwai
