Materials & Chemicals / Styrene Isoprene Styrene (SIS) Market - Growth, Trends And Forecast (2022 - 2027) By Types, By Application, By Regions And By Key Players: Kraton, Sinopec, LCY, TSRC
Styrene Isoprene Styrene (SIS) Market - Growth, Trends And Forecast (2022 - 2027) By Types, By Application, By Regions and By Key Players: Kraton, Sinopec, LCY, TSRC
Acknowledging the kind of traction gained by this market, Industry Data Analytics recently published a study report asserts the global Styrene Isoprene Styrene (SIS) Market size is projected to accrue voluminously by 2027 registering a phenomenal CAGR of 5.2% during the review period (2022 to 2027).
Styrene Isoprene Styrene (SIS) Market Overview
Styrene-Isoprene-Styrene (SIS) is a copolymer of styrene and isoprene. It is a colorless, odorless liquid with a boiling point of 204 degrees Celsius. It has Styrene blocks linked by Isoprene rubber for toughness and flexibility. The rapid industrialization across the globe acts as one of the major factors driving the growth of styrene isoprene styrene (SIS) market. The increase in demand for liner and radial types of styrene isoprene styrene (SIS) and growth of the end-use industries accelerate the market growth. The increase in the high strength and minimal viscosity of SIS and high usage in application such as labels, tapes, flexi- printing plate, and others further influence the market.
Industry News:
Kraton Corporation Completes Merger with DL Chemical
Mar 15, 2022: Kraton Corporation (NYSE: KRA) ("Kraton"), a leading global sustainable producer of specialty polymers and high-value bio-based products derived from pine wood pulping co-products, announced that the merger pursuant to which DL Chemical Co., Ltd. ("DL Chemical") acquired Kraton, has been completed on March 15, 2022. DL Chemical acquired Kraton in an all-cash transaction valued at approximately $2.5 billion.
Who are the Major Players in Styrene Isoprene Styrene (SIS) Market?
Top Key players in the Styrene Isoprene Styrene (SIS) Market have been identified through secondary research, and their market shares have been determined through primary and secondary research. The global Styrene Isoprene Styrene (SIS) Market is fragmented with a large number of small players operating worldwide. The companies referred in the market research report includes Kraton, Sinopec, LCY, TSRC, Versalis, Jusage, Zeon, Jinhai Chenguang, China Petrochemical Corporation, TSRC, Versalis, Distrupol, Eastman Chemical Company, JSR Corporation, Ineos, and The Lubrizol Corporationand others.
What are the major Applications, Types and Regions for Styrene Isoprene Styrene (SIS) Market?
Styrene Isoprene Styrene (SIS) Market is segmented based on the type, applications, companies and regions.
By Type, Styrene Isoprene Styrene (SIS) Market has been segmented into
Linear
Radial
Others
By Applications, Styrene Isoprene Styrene (SIS) Market has been segmented into
Flexi-Printing Plate
Film
Hygiene
Labels
Tapes
Others
Regional Analysis of Styrene Isoprene Styrene (SIS) Market:
North America dominates the styrene isoprene styrene (SIS) market due to the presence of large number of end-use industries within the region. Asia-Pacific is expected to be the fastest growing market during the forecast period of 2022 to 2027 because of the growing industrialization in the region.Asia Pacific as the largest consumption country , which takes 62% of the global consumption volume.
North America
US
Canada
Europe
Germany
France
UK
Italy
Spain
Rest of Europe
Asia-Pacific
China
Japan
India
Australia
South Korea
Rest of Asia-Pacific
Rest of the World
Middle East & Africa
Latin America
What is our Styrene Isoprene Styrene (SIS) Market report scope?
Report Attributes
Report Details
Forecast Period 2022 to 2027 CAGR
CAGR of 5.2% during the review period (2022 to 2027).
By Type
Linear
Radial
Others
By Application
Flexi-Printing Plate
Film
Hygiene
Labels
Tapes
Others
By Companies
Kraton, Sinopec, LCY, TSRC, Versalis, Jusage, Zeon, Jinhai Chenguang, China Petrochemical Corporation, TSRC, Versalis, Distrupol, Eastman Chemical Company, JSR Corporation, Ineos, and The Lubrizol Corporation and others.
Regions Covered
North America
Europe
Asia-Pacific
Rest of the World
Countries Covered
US
Canada
Germany
France
UK
Italy
Spain
Rest of Europe
China
Japan
India
Australia
South Korea
Rest of Asia-Pacific
Middle East & Africa
Latin America
Base Year
2022
Historical Year
2017 to 2021
Forecast Year
2022 to 2027
Number of Pages
90
Customization Available
Yes, the report can be customized as per your needs
Key Takeaways from this Styrene Isoprene Styrene (SIS) Report
Evaluate Styrene Isoprene Styrene (SIS) market potential through analyzing growth rates (CAGR %), Volume (Units) and Value ($M) data given at country level - for product types, end use applications and by different industry verticals.
Understand the different dynamics influencing the market - key driving factors, challenges and hidden opportunities.
Get in-depth insights on your competitor performance - market shares, strategies, financial benchmarking, product benchmarking, SWOT and more.
Analyze the sales and distribution channels across key geographies to improve top-line revenues.
Understand the industry supply chain with a deep dive on the value augmentation at each step, in order to optimize value and bring efficiencies in your processes.
Get a quick outlook on the Styrene Isoprene Styrene (SIS) market entropy - M&A's, deals, partnerships, product launches of all key players for the past 4 years.
Evaluate the supply-demand gaps, import-export statistics and regulatory landscape for more than top 20 countries globally for the market.
Frequently Asked Questions
What is the study period of this market?
The Styrene Isoprene Styrene (SIS) Market is studied from 2017 - 2027.
What is the growth rate of Styrene Isoprene Styrene (SIS) Market?
The Styrene Isoprene Styrene (SIS) Market is growing at a CAGR of 5.2% over the next 5 years.
Who are the leading key players in Styrene Isoprene Styrene (SIS) Market?
Kraton, Sinopec, LCY, TSRC, Versalis, Jusage, Zeon, Jinhai Chenguang, China Petrochemical Corporation, TSRC, Versalis, Distrupol, Eastman Chemical Company, JSR Corporation, Ineos, and The Lubrizol Corporation and others.
What regions regions does this Styrene Isoprene Styrene (SIS) Market report covers?
North America (the United States, Canada, and Mexico)
Europe (Germany, France, UK, Russia, and Italy)
Asia-Pacific (China, Japan, Korea, India, and Southeast Asia)
South America (Brazil, Argentina, Colombia, etc.)
The Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria, and South Africa)
What are the significant types of Styrene Isoprene Styrene (SIS) Market?
Linear, Radial, Others
What are the significant Applications of Styrene Isoprene Styrene (SIS) Market?
All our reports are customizable to your company needs to a certain extent, we do provide 5 free consulting hours along with purchase of each report, and this will allow you to request any additional data to customize the report to your needs.
INTRODUCTION
MARKET DEFINATION
MARKET DYNAMICS
MARKET SEGMENTATION
REPORT TIMLINES
KEY STAKEHOLDERS
RESEARCH METHODOLOGY
DATA MINING
SECONDARY RESEARCH
PRIMARY RESEARCH
SUBJECT MATTER EXPERT ADVICE
QUALITY CHECK
FINAL REVIEW
DATA TRIANGULATION
BOTTOM-UP APPROACH
TOP-DOWN APPROACH
RESEARCH FLOW
EXECUTIVE SUMMARY
INTRODUCTION
GLOBAL STYRENE ISOPRENE STYRENE (SIS) MARKETBY TYPES
GLOBAL STYRENE ISOPRENE STYRENE (SIS) MARKET BY APPLICATIONS
MARKET DYNAMICS
DRIVERS
INCREASING DEMAND FOR STYRENE ISOPRENE STYRENE (SIS)
RESTRAINTS
STRINGENT ENVIRONMENTAL REGUALTIONS
HIGH COST ON MATERIALS
OPPORTUNITIES
STYRENE ISOPRENE STYRENE (SIS) GROWTH
APPLICATION OF STYRENE ISOPRENE STYRENE (SIS)
IMPACT OF COVID 19
GLOBALSTYRENE ISOPRENE STYRENE (SIS)MARKET, BY TYPES
INTRODUCTION
LINEAR
RADIAL
OTHERS
GLOBAL STYRENE ISOPRENE STYRENE (SIS)MARKET, BY APPLICATION
INTRODUCTION
FLEXI-PRINTING PLATE
FILM
HYGIENE
LABELS
TAPES
OTHERS
GLOBAL STYRENE ISOPRENE STYRENE (SIS)MARKET, BY REGION
SECONDARY RESEARCH Secondary Research Information is collected from a number of publicly available as well as paid databases. Public sources involve publications by different associations and governments, annual reports and statements of companies, white papers and research publications by recognized industry experts and renowned academia etc. Paid data sources include third party authentic industry databases.
PRIMARY RESEARCH Once data collection is done through secondary research, primary interviews are conducted with different stakeholders across the value chain like manufacturers, distributors, ingredient/input suppliers, end customers and other key opinion leaders of the industry. Primary research is used both to validate the data points obtained from secondary research and to fill in the data gaps after secondary research.
MARKET ENGINEERING The market engineering phase involves analyzing the data collected, market breakdown and forecasting. Macroeconomic indicators and bottom-up and top-down approaches are used to arrive at a complete set of data points that give way to valuable qualitative and quantitative insights. Each data point is verified by the process of data triangulation to validate the numbers and arrive at close estimates.
EXPERT VALIDATION The market engineered data is verified and validated by a number of experts, both in-house and external.
REPORT WRITING/ PRESENTATION After the data is curated by the mentioned highly sophisticated process, the analysts begin to write the report. Garnering insights from data and forecasts, insights are drawn to visualize the entire ecosystem in a single report.