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Report Overview

2023

Base Year

2018-2023

Historical Year

2024-2032

Forecast Year

Global Cyclic Olefin Copolymers Market Outlook

The global cyclic olefin copolymers market attained nearly USD 1,754.87 million in 2023 and is expected to grow at a CAGR of 32% during the forecast period of 2024-2032 to reach USD 21,344.54 million by 2032.

Global Cyclic Olefin Copolymers Market

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The increased government regulations and the ban on conventional plastics for packaging, owing to rising environmental concern, is expected to drive the demand for cyclic olefin copolymers, especially in healthcare and food packaging sector.

Market Segmentation

Cyclic olefin copolymer, a thermoplastic polymer of ethylene and cyclic olefin, belongs to a new polymer class in comparison to substances like polypropylene and polyethylene. It has a unique combination of properties, which makes it flexible for use in diverse fields such as CD-ROM, packaging, medical equipment, optics, capacitors, etc.

Global Cyclic Olefin Copolymers Market By Grade

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The global cyclic olefin copolymers industry can be broadly categorised based on segments like grades, end-uses, and regions.

  • Grades:
    • Resin
    • Film
  • End-Use:     
    • Packaging
    • Health Care
    • Diagnostics
    • Optics
    • Electronics
    • Others

The EMR report looks into the regional cyclic olefin copolymers markets like North America, Latin America, Europe, the Middle East and Africa, and the Asia Pacific.

Global Cyclic Olefin Copolymers Market By Region

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Market Analysis

The global cyclic olefin copolymers industry is witnessing an increased growth driven by its rising demand from various end-use sectors, including packaging, healthcare, electronics, and optics. It has emerged as one of the most sought-after substances in healthcare and packaging sector owing to its excellent chemical resistance and optical transparency, required in order to replace high-cost PAN-based polymers. The rising government regulations across the globe pertaining to the use of conventional plastic resins for packaging is leading to the increased adoption of sustainable alternatives, such as cyclic olefin resins, which is driving the industry further. Therefore, the growth in the packaging segment is anticipated to drive the global cyclic olefin copolymers industry over the forecast period.
 
The packaging sector, among other end, uses, will dominate the industry over the forecast period. The Asia Pacific is expected to be one of the most prominent consumer markets for the product in the future due to rapid industrialisation and urbanisation in the region.

Competitive Landscape

The report presents a detailed analysis of the following key players in the global cyclic olefin copolymers market, looking into their capacity, market shares, and latest developments like capacity expansions, plant turnarounds, and mergers and acquisitions:

  • TOPAS Advanced Polymers GmbH 
  • Zeon Corporation 
  • Mitsui Chemicals, Inc.
  • Polysciences, Inc.
  • Merck KGaA
  • JSR Corporation 
  • Polyplastics Co., Ltd. 
  • Others

The EMR report gives an in-depth insight into the cyclic olefin copolymers market by providing a SWOT analysis as well as an analysis of Porter’s Five Forces model.

Key Highlights of the Report

REPORT FEATURES DETAILS
Base Year 2023
Historical Period 2018-2023
Forecast Period 2024-2032
Scope of the Report

Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment:

  • Grade
  • End Use
  • Region
Breakup by Grade
  • Resin
  • Film
Breakup by End Use
  • Packaging
  • Health Care
  • Diagnostics
  • Optics
  • Electronics
  • Others
Breakup by Region
  • North America
    • United States of America 
    • Canada
  • Europe
    • United Kingdom
    • Germany
    • France
    • Italy
    • Others
  • Asia Pacific
    • China
    • Japan
    • India
    • ASEAN
    • Australia
    • Others
  • Latin America
    • Brazil
    • Argentina
    • Mexico
    • Others
  • Middle East and Africa
    • Saudi Arabia
    • United Arab Emirates
    • Nigeria
    • South Africa
    • Others
Market Dynamics
  • SWOT Analysis
  • Porter's Five Forces Analysis
  • Key Indicators for Demand
  • Key Indicators for Price
Competitive Landscape
  • Market Structure
  • Company Profiles
    • Company Overview
    • Product Portfolio
    • Demographic Reach and Achievements
    • Certifications
Companies Covered
  • TOPAS Advanced Polymers GmbH 
  • Zeon Corporation 
  • Mitsui Chemicals, Inc.
  • Polysciences, Inc.
  • Merck KGaA
  • JSR Corporation 
  • Polyplastics Co., Ltd. 
  • Others
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*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.*

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Key Questions Answered in the Report

The global cyclic olefin copolymers market attained a value of nearly USD 1,754.87 million in 2023.

The market is projected to grow at a CAGR of 32% between 2023 and 2032.

The market is estimated to witness a healthy growth in the forecast period of 2024-2032 to reach USD 21,344.54 million by 2032.

The major drivers of the market include the rapid growth in the packaging segment and the extensive use of the product in the healthcare sector.

Increased regulations by various governments and the ban on conventional plastics for packaging, owing to rising environmental concerns are the key trends propelling the growth of the market.

The major regions in the market are North America, Latin America, the Middle East and Africa, Europe, and the Asia Pacific, with Asia Pacific accounting for a significant share in the market in the forecast period.

The packaging sector is a dominant end use sector of cyclic olefin copolymers in the market.

The leading grade types of cyclic olefin copolymers are resin and film.

The major players in the market are TOPAS Advanced Polymers GmbH, Zeon Corporation, Mitsui Chemicals, Inc., Polysciences, Inc., Merck KGaA, JSR Corporation, Polyplastics Co., Ltd., Others.

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63 Fiona Drive, Tamworth, NSW

+61 448 06 17 27

C130 Sector 2 Noida, Uttar Pradesh 201301

+91-858-608-1494

40th Floor, PBCom Tower, 6795 Ayala Avenue Cor V.A Rufino St. Makati City, 1226.

+63 287899028, +63 967 048 3306

6 Gardner Place, Becketts Close, Feltham TW14 0BX, Greater London

+44-753-713-2163

193/26/4 St.no.6, Ward Binh Hung Hoa, Binh Tan District, Ho Chi Minh City

+84865399124