Modified Resins for Tires Market Size is USD 155.73 Million by 2025

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

Stats ID: 8735 | Delivery Format: Databook | Tables and Figures: 35+ | Last Updated: November 2025 | Delivery: Immediate

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.

Modified Resins for Tires Market Statical Scope

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

Modified Resins for Tires Market Share, By Region, 2024 (%)

Regions	Shares (%)
North America	35%
Asia Pacific	30%
Europe	25%
LAMEA	10%

North America – Accounts for 35%, reflecting a mature market with strong demand for high-performance tires – Dominates the market due to established automotive industry and tire regulations.
Asia Pacific – Accounts for 30%, driven by high tire demand in emerging economies and large automotive manufacturing bases – Gaining momentum as automotive production grows in China, India, and Southeast Asia.
Europe – Accounts for 25%, with steady demand for innovative tire solutions in passenger and commercial vehicles – Slower growth compared to APAC but still holds significant share.
LAMEA – Accounts for 10%, experiencing gradual growth in the automotive sector but with limited market adoption – Growing slowly but benefits from expanding infrastructure and vehicle production.

Modified Resins for Tires Market Share, By Type, 2024 (%)

Segments	Shares (%)
Anti-slip Resin	30%
Tear-resistant Resin	25%
Low Rolling Resistance Resin	25%
Others	20%

Anti-slip Resin – Accounts for 30%, used to improve tire traction and safety in slippery conditions – Dominates due to strong demand for safer, high-performance tires.
Tear-resistant Resin – Accounts for 25%, enhances tire durability and resistance to physical damage – Significant share as durability is crucial for tire longevity.
Low Rolling Resistance Resin – Accounts for 25%, reduces fuel consumption by lowering tire rolling resistance – Important for fuel efficiency, gaining momentum as fuel-saving trends grow.
Others – Accounts for 20%, includes resins for specialized performance improvements – Niche segment with some growth in specific use cases but losing share to main types.

Modified Resins for Tires Market Share, By Application, 2024 (%)

Segments	Shares (%)
Passenger Cars	60%
Commercial Vehicles	40%

Passenger Cars – Accounts for 60%, driven by widespread demand for high-performance and fuel-efficient tires – Dominates the market due to higher tire volume in personal transportation.
Commercial Vehicles – Accounts for 40%, focused on durability and performance for trucks and buses – Strong demand but slower growth compared to passenger cars.

Modified Resins for Tires Market Companies

SI Group
Synthomer plc
Lehmann&Voss&Co. KG
Çukurova Kimya Endüstrisi A.Ş.
Akrochem
Red Avenue New Materials
Yanggu Huatai Chemical
Jinan Shengquan Group
Qingdao Fihonor Chemical Science & Technology
Jiangsu Rebo New Material Technology
Qixiang New Materials
Jiangsu Guoli Chemical Technology
Zhejiang Huangyan Donghai Chemical Plant
Laiwu Ruiguang Rubber and Plastic Additive Factory
Henghe Materials&Science Technology
Jiangxi Hungpai New Material
Qingdao Chuangke Chemical
Wuxi Binwang Chemical Industry Factory
Weihai Xinxing Chemical Technology
Jiangsu Kaou Chemical
Changchun Youhua Technology

Modified Resins for Tires Market Segmentation

By Type

Anti-slip Resin
Tear-resistant Resin
Low Rolling Resistance Resin
Others

By Application

Passenger Cars
Commercial Vehicles

By Region

North America
Europe
Asia Pacific
Latin America
Middle East and Africa

Published by Saurabh Bidwai

Global Market Revenue

Modified Resins for Tires Market Revenue, By Type 2024 to 2034 (USD Million)

Type	2024	2025	2026	2027	2028	2029	2030	2031	2032	2033	2034
Anti-slip Resin	43.50	46.72	50.18	53.89	57.88	62.16	66.76	71.70	77.01	82.70	88.82
Tear-resistant Resin	36.25	38.93	41.81	44.91	48.23	51.80	55.63	59.75	64.17	68.92	74.02
Low Rolling Resistance Resin	36.25	38.93	41.81	44.91	48.23	51.80	55.63	59.75	64.17	68.92	74.02
Others	29	31.15	33.45	35.93	38.58	41.44	44.51	47.80	51.34	55.14	59.22

Modified Resins for Tires Market Revenue, By Application 2024 to 2034 (USD Million)

Application	2024	2025	2026	2027	2028	2029	2030	2031	2032	2033	2034
Passenger Cars	87	93.44	100.35	107.78	115.75	124.32	133.52	143.40	154.01	165.41	177.65
Commercial Vehicles	58	62.29	66.90	71.85	77.17	82.88	89.01	95.60	102.67	110.27	118.43

Modified Resins for Tires Market Revenue, By Region 2024 to 2034 (USD Million)

Region	2024	2025	2026	2027	2028	2029	2030	2031	2032	2033	2034
North America	50.75	54.51	58.54	62.87	67.52	72.52	77.89	83.65	89.84	96.49	103.63
Asia Pacific	43.50	46.72	50.18	53.89	57.88	62.16	66.76	71.70	77.01	82.70	88.82
Europe	36.25	38.93	41.81	44.91	48.23	51.80	55.63	59.75	64.17	68.92	74.02
LAMEA	14.50	15.57	16.73	17.96	19.29	20.72	22.25	23.90	25.67	27.57	29.61

List of Tables & Figures

List of Tables

Table 1: North America Modified Resins for Tires Market Size, by Type, 2024–2034 (USD Million)
Table 2: Europe Modified Resins for Tires Market Size, by Type, 2024–2034 (USD Million)
Table 3: Asia Pacific Modified Resins for Tires Market Size, by Type, 2024–2034 (USD Million)
Table 4: Latin America Modified Resins for Tires Market Size, by Type, 2024–2034 (USD Million)
Table 5: Middle East & Africa Modified Resins for Tires Market Size, by Type, 2024–2034 (USD Million)
Table 6: North America Modified Resins for Tires Market Size, by Application, 2024–2034 (USD Million)
Table 7: Europe Modified Resins for Tires Market Size, by Application, 2024–2034 (USD Million)
Table 8: Asia Pacific Modified Resins for Tires Market Size, by Application, 2024–2034 (USD Million)
Table 9: Latin America Modified Resins for Tires Market Size, by Application, 2024–2034 (USD Million)
Table 10: Middle East & Africa Modified Resins for Tires Market Size, by Application, 2024–2034 (USD Million)
Table 11: U.S. Modified Resins for Tires Market Size, by Type & Application, 2024–2034 (USD Million)
Table 12: Canada Modified Resins for Tires Market Size, by Type & Application, 2024–2034 (USD Million)
Table 13: Mexico Modified Resins for Tires Market Size, by Type & Application, 2024–2034 (USD Million)
Table 14: Germany Modified Resins for Tires Market Size, by Type & Application, 2024–2034 (USD Million)
Table 15: France Modified Resins for Tires Market Size, by Type & Application, 2024–2034 (USD Million)
Table 16: U.K. Modified Resins for Tires Market Size, by Type & Application, 2024–2034 (USD Million)
Table 17: Italy Modified Resins for Tires Market Size, by Type & Application, 2024–2034 (USD Million)
Table 18: China Modified Resins for Tires Market Size, by Type & Application, 2024–2034 (USD Million)
Table 19: Japan Modified Resins for Tires Market Size, by Type & Application, 2024–2034 (USD Million)
Table 20: South Korea Modified Resins for Tires Market Size, by Type & Application, 2024–2034 (USD Million)
Table 21: India Modified Resins for Tires Market Size, by Type & Application, 2024–2034 (USD Million)
Table 22: Southeast Asia Modified Resins for Tires Market Size, by Type & Application, 2024–2034 (USD Million)
Table 23: Brazil Modified Resins for Tires Market Size, by Type & Application, 2024–2034 (USD Million)
Table 24: Turkey Modified Resins for Tires Market Size, by Type & Application, 2024–2034 (USD Million)
Table 25: GCC Countries Modified Resins for Tires Market Size, by Type & Application, 2024–2034 (USD Million)
Table 26: Africa Modified Resins for Tires Market Size, by Type & Application, 2024–2034 (USD Million)

List of Figures

Figure 1: North America Modified Resins for Tires Market Share, by Type, 2024 (%)
Figure 2: Europe Modified Resins for Tires Market Share, by Type, 2024 (%)
Figure 3: Asia Pacific Modified Resins for Tires Market Share, by Type, 2024 (%)
Figure 4: Latin America Modified Resins for Tires Market Share, by Type, 2024 (%)
Figure 5: Middle East & Africa Modified Resins for Tires Market Share, by Type, 2024 (%)
Figure 6: North America Modified Resins for Tires Market Share, by Application, 2024 (%)
Figure 7: Europe Modified Resins for Tires Market Share, by Application, 2024 (%)
Figure 8: Asia Pacific Modified Resins for Tires Market Share, by Application, 2024 (%)
Figure 9: Latin America Modified Resins for Tires Market Share, by Application, 2024 (%)
Figure 10: Middle East & Africa Modified Resins for Tires Market Share, by Application, 2024 (%)
Figure 11: North America Modified Resins for Tires Market Forecast, 2024–2034 (USD Million)
Figure 12: Europe Modified Resins for Tires Market Forecast, 2024–2034 (USD Million)
Figure 13: Asia Pacific Modified Resins for Tires Market Forecast, 2024–2034 (USD Million)
Figure 14: Latin America Modified Resins for Tires Market Forecast, 2024–2034 (USD Million)
Figure 15: Middle East & Africa Modified Resins for Tires Market Forecast, 2024–2034 (USD Million)

Global Market Revenue

Modified Resins for Tires Market Revenue, By Type 2024 to 2034 (USD Billion)

Subsegment	2024	2025	2026	2027	2028	2029	2030	2031	2032	2033	2034
Anti-slip Resin	43.50	46.72	50.18	53.89	57.88	62.16	66.76	71.70	77.01	82.70	88.82
Tear-resistant Resin	36.25	38.93	41.81	44.91	48.23	51.80	55.63	59.75	64.17	68.92	74.02
Low Rolling Resistance Resin	36.25	38.93	41.81	44.91	48.23	51.80	55.63	59.75	64.17	68.92	74.02
Others	29	31.15	33.45	35.93	38.58	41.44	44.51	47.80	51.34	55.14	59.22

Modified Resins for Tires Market Revenue, By Application 2024 to 2034 (USD Billion)

Subsegment	2024	2025	2026	2027	2028	2029	2030	2031	2032	2033	2034
Passenger Cars	87	93.44	100.35	107.78	115.75	124.32	133.52	143.40	154.01	165.41	177.65
Commercial Vehicles	58	62.29	66.90	71.85	77.17	82.88	89.01	95.60	102.67	110.27	118.43

Modified Resins for Tires Market Revenue, By Region 2024 to 2034 (USD Billion)

Subsegment	2024	2025	2026	2027	2028	2029	2030	2031	2032	2033	2034
North America	50.75	54.51	58.54	62.87	67.52	72.52	77.89	83.65	89.84	96.49	103.63
Asia Pacific	43.50	46.72	50.18	53.89	57.88	62.16	66.76	71.70	77.01	82.70	88.82
Europe	36.25	38.93	41.81	44.91	48.23	51.80	55.63	59.75	64.17	68.92	74.02
LAMEA	14.50	15.57	16.73	17.96	19.29	20.72	22.25	23.90	25.67	27.57	29.61

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Modified Resins for Tires Market Size is USD 155.73 Million by 2025

Modified Resins for Tires Market Statical Scope

Modified Resins for Tires Market Share, By Region, 2024 (%)

Modified Resins for Tires Market Share, By Type, 2024 (%)

Modified Resins for Tires Market Share, By Application, 2024 (%)

Modified Resins for Tires Market Companies

Modified Resins for Tires Market Segmentation

By Type

By Application

By Region

Global Market Revenue

Modified Resins for Tires Market Revenue, By Type 2024 to 2034 (USD Million)

Modified Resins for Tires Market Revenue, By Application 2024 to 2034 (USD Million)

Modified Resins for Tires Market Revenue, By Region 2024 to 2034 (USD Million)

List of Tables & Figures

List of Tables

List of Figures

Global Market Revenue

Modified Resins for Tires Market Revenue, By Type 2024 to 2034 (USD Billion)

Modified Resins for Tires Market Revenue, By Application 2024 to 2034 (USD Billion)

Modified Resins for Tires Market Revenue, By Region 2024 to 2034 (USD Billion)

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