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Cyclic Olefin Copolymer (COCs) Market- Forecast & Opportunity, 2015-2027

Global Cyclic olefin copolymer (COCs) Market, by Grade (Resin and Film), Applications (Electronics, medical, Optics, Packaging, others), By Region (North America, Europe, Asia Pacific, Middle East & Africa and Latin America), Forecast & Opportunities, 2015-2027

Cyclic olefin copolymer are materials that contain, or are made from, two or cyclic monomer. The term is most often used to refer to cyclic olefin polymers and copolymers. These plastic materials have a number of exceptional properties such as break-resistant, lightweight, temperature resistant, and have excellent barrier propertiesand are used in a wide range of markets and applications including packaging, healthcare, diagnostics, electronics and among others.

Packaging industries have gained major traction in the market owing to increasing use in the manufacturing of packaging solutions such as syringes, lenses, medical devices, bottles, among others. Moreover, COC is an alternative to other packaging plastics such as PVC, polyethylene terephthalate (PET), polyacrylonitriles, and polyamide which has broad range of applications such as food & beverages, medical devices, and pharma packaging. According to Flexible Packaging Association, flexible packaging sales in the U.S. for the food, beverages, and medical & pharma end-use was 51%, 8%, and 9% respectively in 2017.

COC’s are growing rapidly in optical lenses and films particularly in medical and electronic applications such as touch screens, light guides, diagnostic tubes, among others. There superior biocompatibility, water vapor barrier, and chemical resistance also make them good choice for the packaging of pharmaceuticals and for medical disposables. 

Major Players steer the Market Share:

  • Major players in the COC’s market are engaged in R&D to develop new product and are acquiring and merging with other players to grab the opportunity
  • Zeon Corporation and TOPAS advanced polymers are the major prominent players of COC. They cater products to an array of applications including packaging, pharma, electronics, among others.
  • Zeon Corporation is planning to expand its business in Elastomer, C5 chemicals, and Cyclo olefin polymer (COP) technology platforms. Moreover, Company has expanded its production capacity of Zeonorfilm Optical Film at Takaoka City Plant in 2018
  • In March 2018, Polyplastics announced its mergers with Topas Advanced polymers to strengthen its business of COC in the North America

Segmental Insights:

With a voracious demand for next-generation products (COC) in the various end-use market, we have studied two segments in the report.

Resin and Films are the two gradesof COC studied in the report. The resin grade COC is majorly gaininghalf of the market, owing to the need for an efficient resin with high chemical resistance, and optical transparency, to replace high-cost polymers in the medical and electronics industries. The COC resin has remarkable properties such as high strength, rigidity, and retained a temperature of -50°C which are suitable for the production of transparent moldings for use in optical data storage optics such as sensors, lenses, and industrial products.

Healthcare and packaging sector is likely to hold two-fold growth during the forecast period. The increasing demand for healthcare products is creating an opportunity for the COC in the packaging sector. The use of conventional plastics as a raw material has been banned in many countries, due to its stringent regulations. For instance, France banned use of plastic cups which has led to increasing the demand for sustainable alternatives and environmentally friendly products. Therefore, COC will face lucrative opportunities in future as players are shifting towards sustainable resin products in the healthcare sector.

Regional Insights:

Asia Pacific region to spearhead in the market due to the presence of major manufacturers such as Zeon Corporation, JSR Corporation, and Mitsui Chemicals. The increasing demand for packaging in electronics sector in emerging nations such as China, Japan, and South Korea are the major factors for the growth of the COC in the region. Japan is the leading country in terms of production and consumption of COC in the region. COC is used in 3D printing in microfluidics industry as it posses clarity, purity and UV transparency, which in turn, creates an opportunity for the manufacturer and suppliers to expand their production in the region. Zeon Corporation has increased its production from 5300 MT in 2003 to 20,000 MT by 2016. Moreover, company has started its manufacturing line for retardation film used in TVs, and projectors in 2018.

The major prominent manufacturer of the cyclic olefin copolymers is Zeon Corporation, JSR Corporation, Topas Advanced polymers, Mitsui chemicals, Dow, Owens Illinois Inc., Polyplastics USA, Inc, and Stack Plastics.

Global Cyclic Olefin Copolymers Market Segmentation:

By Grade

  • Resin
  • Film

By End Use:

  • Electronics
  • Medical
  • Packaging
  • Optics
  • Others

By Region:

  • North America
  • Asia pacific
  • Europe
  • Latin America
  • Middle East & Africa
Quantity
-
+
USD $ 4,500.00
Cyclic Olefin Copolymer (COCs) Market- Forecast & Opportunity, 2015-2027
Report Brochure

Global Cyclic olefin copolymer (COCs) Market, by Grade (Resin and Film), Applications (Electronics, medical, Optics, Packaging, others), By Region (North America, Europe, Asia Pacific, Middle East & Africa and Latin America), Forecast & Opportunities, 2015-2027

Cyclic olefin copolymer are materials that contain, or are made from, two or cyclic monomer. The term is most often used to refer to cyclic olefin polymers and copolymers. These plastic materials have a number of exceptional properties such as break-resistant, lightweight, temperature resistant, and have excellent barrier propertiesand are used in a wide range of markets and applications including packaging, healthcare, diagnostics, electronics and among others.

Packaging industries have gained major traction in the market owing to increasing use in the manufacturing of packaging solutions such as syringes, lenses, medical devices, bottles, among others. Moreover, COC is an alternative to other packaging plastics such as PVC, polyethylene terephthalate (PET), polyacrylonitriles, and polyamide which has broad range of applications such as food & beverages, medical devices, and pharma packaging. According to Flexible Packaging Association, flexible packaging sales in the U.S. for the food, beverages, and medical & pharma end-use was 51%, 8%, and 9% respectively in 2017.

COC’s are growing rapidly in optical lenses and films particularly in medical and electronic applications such as touch screens, light guides, diagnostic tubes, among others. There superior biocompatibility, water vapor barrier, and chemical resistance also make them good choice for the packaging of pharmaceuticals and for medical disposables. 

Major Players steer the Market Share:

  • Major players in the COC’s market are engaged in R&D to develop new product and are acquiring and merging with other players to grab the opportunity
  • Zeon Corporation and TOPAS advanced polymers are the major prominent players of COC. They cater products to an array of applications including packaging, pharma, electronics, among others.
  • Zeon Corporation is planning to expand its business in Elastomer, C5 chemicals, and Cyclo olefin polymer (COP) technology platforms. Moreover, Company has expanded its production capacity of Zeonorfilm Optical Film at Takaoka City Plant in 2018
  • In March 2018, Polyplastics announced its mergers with Topas Advanced polymers to strengthen its business of COC in the North America

Segmental Insights:

With a voracious demand for next-generation products (COC) in the various end-use market, we have studied two segments in the report.

Resin and Films are the two gradesof COC studied in the report. The resin grade COC is majorly gaininghalf of the market, owing to the need for an efficient resin with high chemical resistance, and optical transparency, to replace high-cost polymers in the medical and electronics industries. The COC resin has remarkable properties such as high strength, rigidity, and retained a temperature of -50°C which are suitable for the production of transparent moldings for use in optical data storage optics such as sensors, lenses, and industrial products.

Healthcare and packaging sector is likely to hold two-fold growth during the forecast period. The increasing demand for healthcare products is creating an opportunity for the COC in the packaging sector. The use of conventional plastics as a raw material has been banned in many countries, due to its stringent regulations. For instance, France banned use of plastic cups which has led to increasing the demand for sustainable alternatives and environmentally friendly products. Therefore, COC will face lucrative opportunities in future as players are shifting towards sustainable resin products in the healthcare sector.

Regional Insights:

Asia Pacific region to spearhead in the market due to the presence of major manufacturers such as Zeon Corporation, JSR Corporation, and Mitsui Chemicals. The increasing demand for packaging in electronics sector in emerging nations such as China, Japan, and South Korea are the major factors for the growth of the COC in the region. Japan is the leading country in terms of production and consumption of COC in the region. COC is used in 3D printing in microfluidics industry as it posses clarity, purity and UV transparency, which in turn, creates an opportunity for the manufacturer and suppliers to expand their production in the region. Zeon Corporation has increased its production from 5300 MT in 2003 to 20,000 MT by 2016. Moreover, company has started its manufacturing line for retardation film used in TVs, and projectors in 2018.

The major prominent manufacturer of the cyclic olefin copolymers is Zeon Corporation, JSR Corporation, Topas Advanced polymers, Mitsui chemicals, Dow, Owens Illinois Inc., Polyplastics USA, Inc, and Stack Plastics.

Global Cyclic Olefin Copolymers Market Segmentation:

By Grade

  • Resin
  • Film

By End Use:

  • Electronics
  • Medical
  • Packaging
  • Optics
  • Others

By Region:

  • North America
  • Asia pacific
  • Europe
  • Latin America
  • Middle East & Africa
Quantity
-
+
USD $ 4,500.00

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