Global styrene isoprene styrene (SIS) market is expected to reach USD 1,691.3 million by the end of 2024

The global styrene isoprene styrene (SIS) market is valued at USD 982.9 million in 2017 and is expected to reach USD 1,691.3 million by the end of 2024, growing at a growth rate of 8.06% between 2017 and 2024.

Publisher: QYResearch

Published Date: 2018/9/30

Styrene isoprene styrene (SIS) is high performance thermoplastic elastomers with a combination of high strength, low hardness and low viscosity for easy thermoplastic processing as a melt or in solution. SIS polymers are based on styrene and isoprene and are the lowest hardness and lowest viscosity of all the styrenic block copolymers.

According to the structure, styrene isoprene styrene (SIS) can be mostly divided into linear and radial. The linear structure SIS has more kinds of products and more application. And in 2017, the production of linear structure SIS is 290.25 K MT and the global sales share is 91.27%.

North America, Europe and China are major consumption regions. China as the largest consumption country consumes 137.29 K MT in 2017, which takes 43.17% of the global consumption volume.

In the world the main manufacturers are Kraton, LCY, TSRC and Versalis. Kraton is the largest manufacturer in the world, and the sales amount is 70.369 K MT in 2017, which takes 22.13% of the global production. The cost is deeply affected by the raw material price, therefore influencing the sale price. Sale price of manufacturers increased greatly since 2016.

New report published by QY Research which offers insights on the global Styrene Isoprene Styrene (SIS) market. The Styrene Isoprene Styrene (SIS) market has been experiencing steady growth graph since past years. The global styrene isoprene styrene (SIS) market is valued at USD 982.9 million in 2017 and is expected to reach USD 1,691.3 million by the end of 2024, growing at a growth rate of 8.06% between 2017 and 2024.

Click to view the full report: https://www.qyresearch.com/index/detail/564309/global-styrene-isoprene-styrene-sis-sales-market

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