Global Tire Tread Performance Resins Market Insights, Forecast to 2028

Tire Tread Performance Resins are used to enhance the performance of tread compounds, specifically traction, handling, rolling resistance and wear for the tire.
Market Analysis and Insights: Global Tire Tread Performance Resins Market
Due to the COVID-19 pandemic, the global Tire Tread Performance Resins market size is estimated to be worth US$ million in 2022 and is forecast to a readjusted size of US$ million by 2028 with a CAGR of % during the review period. Fully considering the economic change by this health crisis, Natural Resin accounting for % of the Tire Tread Performance Resins global market in 2021, is projected to value US$ million by 2028, growing at a revised % CAGR in the post-COVID-19 period. While Standard Tires (S, T rated) segment is altered to an % CAGR throughout this forecast period.
China Tire Tread Performance Resins market size is valued at US$ million in 2021, while the US and Europe Tire Tread Performance Resins are US$ million and US$ million, severally. The proportion of the US is % in 2021, while China and Europe are % and % respectively, and it is predicted that China proportion will reach % in 2028, trailing a CAGR of % through the analysis period. Japan, South Korea, and Southeast Asia are noteworthy markets in Asia, with CAGR %, %, and % respectively for the next 6-year period. As for the Europe Tire Tread Performance Resins landscape, Germany is projected to reach US$ million by 2028 trailing a CAGR of % over the forecast period.
The global key manufacturers of Tire Tread Performance Resins include Arakawa Chemical Industries, Bridgestone Corporatio, Continental Corporation, Cray Valley (Total), DRT, Eastman Chemical Company, ExxonMobil Chemical, Kolon Industries and Kraton Corporation, etc. In 2021, the global top five players have a share approximately % in terms of revenue.
In terms of production side, this report researches the Tire Tread Performance Resins capacity, production, growth rate, market share by manufacturers and by region (region level and country level), from 2017 to 2022, and forecast to 2028.
In terms of sales side, this report focuses on the sales of Tire Tread Performance Resins by region (region level and country level), by company, by Type and by Application. from 2017 to 2022 and forecast to 2028.
Global Tire Tread Performance Resins Scope and Segment
Tire Tread Performance Resins market is segmented by Type and by Application. Players, stakeholders, and other participants in the global Tire Tread Performance Resins market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on production capacity, revenue and forecast by Type and by Application for the period 2017-2028.
Segment by Type
Natural Resin
Synthetic Resin
Segment by Application
Standard Tires (S, T rated)
High Performance Tires (H, V rated)
Ultra-High Performance Tires (W+ rated)
By Company
Arakawa Chemical Industries
Bridgestone Corporatio
Continental Corporation
Cray Valley (Total)
DRT
Eastman Chemical Company
ExxonMobil Chemical
Kolon Industries
Kraton Corporation
KUMHO PETROCHEMICAL
Rain Carbon Germany GmbH
SI Group
Sino Legend
Sumitomo Bakelite
Yasuhara Chemical
Zeon Corporation
Cheeshine Chemicals
Production by Region
North America
Europe
China
Japan
Consumption by Region
North America
United States
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
India
Australia
China Taiwan
Indonesia
Thailand
Malaysia
Latin America
Mexico
Brazil
Argentina
Colombia
Middle East & Africa
Turkey
Saudi Arabia
UAE