Market overview
The global wet grip resins market is worth USD 538 mn in 2026 and is forecast to reach USD 877 mn by 2036, growing at a 5.0% CAGR. China is the largest country market and Hydrocarbon resins is the largest by resin segment.
| Scope | Resins added to tyre tread compounds to raise wet grip: hydrocarbon, alpha-methylstyrene and styrene high-glass-transition resins, terpene and phenolic resins and rosin-based grades. |
|---|---|
| Industry | Chemicals and Materials |
| Value 2025 | USD 515 mn |
| Value 2026 | USD 538 mn |
| Value 2036 | USD 877 mn |
| CAGR 2026-2036 | 5.0% |
| Volume 2026 | 222,450 tonnes |
| Volume 2036 | 328,029 tonnes |
| Average price 2026 | USD 2,419 per tonne |
| Report price | Starts from USD 1,999 |
| Published | November 2026 |
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Wet Grip Resins market size and forecast, 2026-2036
Source: Compare Market Research analysis.
© 2026 Compare Market Research. All rights reserved.
| Year | Market value |
|---|---|
| 2026 | USD 538 mn |
| 2027 | USD 565 mn |
| 2028 | USD 593 mn |
| 2029 | USD 623 mn |
| 2030 | USD 654 mn |
| 2031 | USD 687 mn |
| 2032 | USD 721 mn |
| 2033 | USD 757 mn |
| 2034 | USD 795 mn |
| 2035 | USD 835 mn |
| 2036 | USD 877 mn |
Wet Grip Resins market segmentation
By resin
Source: Compare Market Research analysis.
© 2026 Compare Market Research. All rights reserved.
| Segment | Share 2026 | Share 2036 | Value 2026 | CAGR 2026-36 |
|---|---|---|---|---|
| Hydrocarbon resins | 38.0% | 37.3% | USD 205 mn | 4.8% |
| Terpene and modified terpene | 18.0% | 19.4% | USD 97 mn | 5.8% |
| Styrene and alpha-methylstyrene resins | 22.0% | 22.7% | USD 118 mn | 5.3% |
| Phenolic and rosin-based | 22.0% | 20.6% | USD 118 mn | 4.3% |
By vehicle
Source: Compare Market Research analysis.
© 2026 Compare Market Research. All rights reserved.
| Segment | Share 2026 | Share 2036 | Value 2026 | CAGR 2026-36 |
|---|---|---|---|---|
| Passenger car and SUV | 62.0% | 64.8% | USD 334 mn | 5.5% |
| Truck and bus | 20.0% | 17.3% | USD 108 mn | 3.5% |
| Motorcycle, bicycle and off-road | 18.0% | 17.9% | USD 97 mn | 5.0% |
By tyre segment
| Segment | Share 2026 | Share 2036 | Value 2026 | CAGR 2026-36 |
|---|---|---|---|---|
| Summer | 44.0% | 42.0% | USD 237 mn | 4.5% |
| All-season | 30.0% | 30.0% | USD 161 mn | 5.0% |
| Winter | 14.0% | 14.0% | USD 75 mn | 5.0% |
| Performance | 12.0% | 14.0% | USD 65 mn | 6.6% |
By fitment
| Segment | Share 2026 | Share 2036 | Value 2026 | CAGR 2026-36 |
|---|---|---|---|---|
| OE | 36.0% | 36.0% | USD 194 mn | 5.0% |
| Replacement | 58.0% | 58.0% | USD 312 mn | 5.0% |
| Retread | 6.0% | 6.0% | USD 32 mn | 5.0% |
By tread grade
| Segment | Share 2026 | Share 2036 | Value 2026 | CAGR 2026-36 |
|---|---|---|---|---|
| Green tyre | 20.0% | 24.0% | USD 108 mn | 6.9% |
| Standard | 58.0% | 54.0% | USD 312 mn | 4.2% |
| Racing | 22.0% | 22.0% | USD 118 mn | 5.0% |
Top 25 countries for wet grip resins by revenue
Countries are ranked by revenue earned from sales in the country, not by where the product is made. The ten largest hold 78.0% of 2026 revenue and the 25 countries below together hold 94.3%.
Source: Compare Market Research analysis.
© 2026 Compare Market Research. All rights reserved.
| # | Country | Value 2026 | Share 2026 | Value 2036 | CAGR 2026-36 |
|---|---|---|---|---|---|
| 1 | China | USD 161 mn | 30.0% | USD 277 mn | 5.5% |
| 2 | United States | USD 54 mn | 10.0% | USD 80 mn | 4.0% |
| 3 | India | USD 43 mn | 8.0% | USD 85 mn | 7.0% |
| 4 | Japan | USD 32 mn | 6.0% | USD 42 mn | 2.7% |
| 5 | Thailand | USD 27 mn | 5.0% | USD 44 mn | 5.0% |
| 6 | Indonesia | USD 22 mn | 4.0% | USD 40 mn | 6.5% |
| 7 | South Korea | USD 22 mn | 4.0% | USD 32 mn | 4.2% |
| 8 | Germany | USD 22 mn | 4.0% | USD 29 mn | 3.0% |
| 9 | Vietnam | USD 22 mn | 4.0% | USD 42 mn | 6.9% |
| 10 | Brazil | USD 16 mn | 3.0% | USD 28 mn | 5.7% |
| 11 | Mexico | USD 14 mn | 2.7% | USD 21 mn | 4.0% |
| 12 | Turkey | USD 12 mn | 2.3% | USD 18 mn | 4.0% |
| 13 | Malaysia | USD 10 mn | 1.9% | USD 15 mn | 4.0% |
| 14 | Poland | USD 8.8 mn | 1.6% | USD 13 mn | 4.0% |
| 15 | Russia | USD 7.5 mn | 1.4% | USD 11 mn | 4.0% |
| 16 | Spain | USD 6.4 mn | 1.2% | USD 9.5 mn | 4.0% |
| 17 | Italy | USD 5.4 mn | 1.0% | USD 8.1 mn | 4.0% |
| 18 | France | USD 4.6 mn | 0.9% | USD 6.8 mn | 4.0% |
| 19 | Canada | USD 3.9 mn | 0.7% | USD 5.8 mn | 4.0% |
| 20 | Czech Republic | USD 3.3 mn | 0.6% | USD 4.9 mn | 3.9% |
| 21 | Hungary | USD 2.9 mn | 0.5% | USD 4.2 mn | 4.0% |
| 22 | Romania | USD 2.4 mn | 0.5% | USD 3.6 mn | 4.0% |
| 23 | Philippines | USD 2.0 mn | 0.4% | USD 3.1 mn | 4.1% |
| 24 | Taiwan | USD 1.7 mn | 0.3% | USD 2.5 mn | 4.0% |
| 25 | Egypt | USD 1.4 mn | 0.3% | USD 2.2 mn | 4.2% |
| Rest of world | USD 31 mn | 5.7% | USD 48 mn | 4.4% |
Source: Compare Market Research analysis.
© 2026 Compare Market Research. All rights reserved.
Competitive landscape
Group 1: Global leaders
- Kraton
- Eastman
- ExxonMobil
- Cray Valley
- Kolon Industries
Group 2: Regional and specialist players
- Arakawa Chemical
- Yasuhara Chemical
- Rutgers Novares
- Neville Chemical
- Zeon
- Tosoh
- Idemitsu Kosan
Group 3: Emerging and niche players
- DRT
- Pinova
Research methodology
Every figure on this page comes from the research framework that we apply to all of the markets we cover. The 2025 base for the wet grip resins market is built from the volume sold and the price that buyers pay, and is cross-checked against the size of the wider industry the market belongs to. Where a market can be sized in more than one way, the routes are compared before a figure is set.
The forecast runs year by year from the 2025 base to 2036. Growth in each year reflects demand from the industries that buy the product, adoption of new technology, pricing, regulation and replacement cycles. Volume and price are modelled together, so revenue in each year equals volume multiplied by average price. The 2026 to 2036 compound annual growth rate of 5.0% is calculated from the resulting values.
The market is divided by resin, by vehicle, by tyre segment, by fitment, by tread grade. The 25 largest countries are ranked by revenue earned from sales to buyers in each country, not by where the product is made. Segment values and country values add up to the market total in every year, and every report is checked for consistency before it is published.
Companies are placed in three groups: global leaders, regional and specialist players, and emerging and niche players. The groups describe how companies compete in the market. They are not a ranking and they are not market shares.
Our analysts also carry out primary research. Customized reports add interviews with key opinion leaders, such as senior executives, technical specialists and buyers, to test the assumptions behind the numbers for the question being asked.
Frequently asked questions
How big is the wet grip resins market?
The global wet grip resins market is estimated at USD 515 mn in 2025 and USD 538 mn in 2026.
How fast will the wet grip resins market grow?
It is forecast to reach USD 877 mn by 2036, a compound annual growth rate of 5.0% from 2026, an increase of USD 338 mn.
Which country is the largest market for wet grip resins?
China is the largest market by revenue at USD 161 mn in 2026, 30.0% of the global total. The three largest countries together hold 48.0%.
Which country is growing fastest?
Among the ten largest markets, India is growing fastest at 7.0% a year from 2026 to 2036.
Which wet grip resins segment is largest?
In the by resin split, Hydrocarbon resins is the largest segment with 38.0% of 2026 revenue.
Who are the leading wet grip resins companies?
Global leaders include Kraton, Eastman, ExxonMobil, Cray Valley.
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