CompareMarketResearchRequest a sample
Home / Chemicals and Materials / Wet Grip Resins

Chemicals and Materials · Market report

Wet Grip Resins Market Size, Share and Forecast 2026-2036

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.

USD 538 mnMarket size 2026
USD 877 mnForecast 2036
5.0%CAGR 2026-2036
ChinaLargest country

Request a free sample Jump to the forecast

Report price: Starts from USD 1,999

5 segmentation views25 countries2026 to 2036 yearly forecast

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.

ScopeResins 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.
IndustryChemicals and Materials
Value 2025USD 515 mn
Value 2026USD 538 mn
Value 2036USD 877 mn
CAGR 2026-20365.0%
Volume 2026222,450 tonnes
Volume 2036328,029 tonnes
Average price 2026USD 2,419 per tonne
Report priceStarts from USD 1,999
PublishedNovember 2026

Request a free sample of this report

Wet Grip Resins market size and forecast, 2026-2036

Exhibit 1The global wet grip resins market is forecast to grow from USD 538 mn in 2026 to USD 877 mn by 2036, a rise of 63%Global market value in USD: 2025 base year, 2026 estimate and forecast to 2036. CAGR 2026 to 2036: 5.0%
Wet Grip Resins market value, 2025 to 2036Market value by year. 2025: USD 515 mn; 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. Compound annual growth rate 2026 to 2036: 5.0%.2025538 mn2026687 mn2031877 mn20365.0% CAGR

Source: Compare Market Research analysis.
© 2026 Compare Market Research. All rights reserved.

YearMarket value
2026USD 538 mn
2027USD 565 mn
2028USD 593 mn
2029USD 623 mn
2030USD 654 mn
2031USD 687 mn
2032USD 721 mn
2033USD 757 mn
2034USD 795 mn
2035USD 835 mn
2036USD 877 mn

Wet Grip Resins market segmentation

By resin

Exhibit 2Hydrocarbon resins is the largest segment by resin, with 38.0% of 2026 revenueEstimated share of 2026 global revenue, by resin
Wet Grip Resins market share by resin, 2026Share of 2026 revenue by resin. Hydrocarbon resins: 38.0%; Styrene and alpha-methylstyrene resins: 22.0%; Phenolic and rosin-based: 22.0%; Terpene and modified terpene: 18.0%.Hydrocarbon resins38.0%Styrene and alpha-methylstyrene resins22.0%Phenolic and rosin-based22.0%Terpene and modified terpene18.0%

Source: Compare Market Research analysis.
© 2026 Compare Market Research. All rights reserved.

SegmentShare 2026Share 2036Value 2026CAGR 2026-36
Hydrocarbon resins38.0%37.3%USD 205 mn4.8%
Terpene and modified terpene18.0%19.4%USD 97 mn5.8%
Styrene and alpha-methylstyrene resins22.0%22.7%USD 118 mn5.3%
Phenolic and rosin-based22.0%20.6%USD 118 mn4.3%

By vehicle

Exhibit 3Passenger car and SUV adds the most revenue by vehicle, growing from USD 334 mn in 2026 to USD 568 mn by 2036Estimated revenue in USD by vehicle, 2026 and 2036 forecast
Wet Grip Resins market by vehicle, 2026 and 2036Revenue by vehicle in 2026 and 2036. Passenger car and SUV: USD 334 mn in 2026, USD 568 mn in 2036, change +70%; Motorcycle, bicycle and off-road: USD 97 mn in 2026, USD 157 mn in 2036, change +62%; Truck and bus: USD 108 mn in 2026, USD 151 mn in 2036, change +41%.20262036 forecastChangePassenger car and SUV+70%334 mn568 mnMotorcycle, bicycle and off-road+62%97 mn157 mnTruck and bus+41%108 mn151 mn

Source: Compare Market Research analysis.
© 2026 Compare Market Research. All rights reserved.

SegmentShare 2026Share 2036Value 2026CAGR 2026-36
Passenger car and SUV62.0%64.8%USD 334 mn5.5%
Truck and bus20.0%17.3%USD 108 mn3.5%
Motorcycle, bicycle and off-road18.0%17.9%USD 97 mn5.0%

By tyre segment

SegmentShare 2026Share 2036Value 2026CAGR 2026-36
Summer44.0%42.0%USD 237 mn4.5%
All-season30.0%30.0%USD 161 mn5.0%
Winter14.0%14.0%USD 75 mn5.0%
Performance12.0%14.0%USD 65 mn6.6%

By fitment

SegmentShare 2026Share 2036Value 2026CAGR 2026-36
OE36.0%36.0%USD 194 mn5.0%
Replacement58.0%58.0%USD 312 mn5.0%
Retread6.0%6.0%USD 32 mn5.0%

By tread grade

SegmentShare 2026Share 2036Value 2026CAGR 2026-36
Green tyre20.0%24.0%USD 108 mn6.9%
Standard58.0%54.0%USD 312 mn4.2%
Racing22.0%22.0%USD 118 mn5.0%

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%.

Exhibit 4China is the largest country market at USD 161 mn in 2026, and the three largest countries hold 48.0% of global revenueEstimated 2026 revenue in USD and share of the global market, ten largest countries
Wet Grip Resins market, ten largest countries in 2026Ten largest countries by 2026 revenue. China: USD 161 mn, 30.0%; United States: USD 54 mn, 10.0%; India: USD 43 mn, 8.0%; Japan: USD 32 mn, 6.0%; Thailand: USD 27 mn, 5.0%; Indonesia: USD 22 mn, 4.0%; South Korea: USD 22 mn, 4.0%; Germany: USD 22 mn, 4.0%; Vietnam: USD 22 mn, 4.0%; Brazil: USD 16 mn, 3.0%.China161 mn 30.0%United States54 mn 10.0%India43 mn 8.0%Japan32 mn 6.0%Thailand27 mn 5.0%Indonesia22 mn 4.0%South Korea22 mn 4.0%Germany22 mn 4.0%Vietnam22 mn 4.0%Brazil16 mn 3.0%

Source: Compare Market Research analysis.
© 2026 Compare Market Research. All rights reserved.

#CountryValue 2026Share 2026Value 2036CAGR 2026-36
1ChinaUSD 161 mn30.0%USD 277 mn5.5%
2United StatesUSD 54 mn10.0%USD 80 mn4.0%
3IndiaUSD 43 mn8.0%USD 85 mn7.0%
4JapanUSD 32 mn6.0%USD 42 mn2.7%
5ThailandUSD 27 mn5.0%USD 44 mn5.0%
6IndonesiaUSD 22 mn4.0%USD 40 mn6.5%
7South KoreaUSD 22 mn4.0%USD 32 mn4.2%
8GermanyUSD 22 mn4.0%USD 29 mn3.0%
9VietnamUSD 22 mn4.0%USD 42 mn6.9%
10BrazilUSD 16 mn3.0%USD 28 mn5.7%
11MexicoUSD 14 mn2.7%USD 21 mn4.0%
12TurkeyUSD 12 mn2.3%USD 18 mn4.0%
13MalaysiaUSD 10 mn1.9%USD 15 mn4.0%
14PolandUSD 8.8 mn1.6%USD 13 mn4.0%
15RussiaUSD 7.5 mn1.4%USD 11 mn4.0%
16SpainUSD 6.4 mn1.2%USD 9.5 mn4.0%
17ItalyUSD 5.4 mn1.0%USD 8.1 mn4.0%
18FranceUSD 4.6 mn0.9%USD 6.8 mn4.0%
19CanadaUSD 3.9 mn0.7%USD 5.8 mn4.0%
20Czech RepublicUSD 3.3 mn0.6%USD 4.9 mn3.9%
21HungaryUSD 2.9 mn0.5%USD 4.2 mn4.0%
22RomaniaUSD 2.4 mn0.5%USD 3.6 mn4.0%
23PhilippinesUSD 2.0 mn0.4%USD 3.1 mn4.1%
24TaiwanUSD 1.7 mn0.3%USD 2.5 mn4.0%
25EgyptUSD 1.4 mn0.3%USD 2.2 mn4.2%
Rest of worldUSD 31 mn5.7%USD 48 mn4.4%
Exhibit 5China and India account for 47% of the USD 338 mn the market is forecast to add by 2036Forecast revenue added between 2026 and 2036 by country, in USD
Wet Grip Resins market, where the growth to 2036 comes fromRevenue added between 2026 and 2036. Market value 2026: USD 538 mn. China: +USD 116 mn; India: +USD 42 mn; United States: +USD 26 mn; Vietnam: +USD 21 mn; Indonesia: +USD 19 mn; 20 other countries: +USD 99 mn; Rest of world: +USD 17 mn. Market value 2036: USD 877 mn.Market value 2026538 mnChina+116 mnIndia+42 mnUnited States+26 mnVietnam+21 mnIndonesia+19 mn20 other countries+99 mnRest of world+17 mnMarket value 2036877 mn

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.

Read the full research methodology

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.

Need the full report?

Request a sample to see the structure, tables and country detail.

Request a free sample

Related markets in Chemicals and Materials

← Water Treatment Equipment Xylene →

All Chemicals and Materials markets →

Request a sample