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Global Cyclic Olefin Copolymers Market: By Grade: Resin, Film; By End Use: Packaging, Health Care, Diagnostics, Optics, Electronics, Others; Regional Analysis; Historical Market and Forecast (2016-2026); Market Dynamics; SWOT Analysis; Porter’s Five Forces Analysis; Competitive Landscape; Industry Events and Developments
Global Cyclic Olefin Copolymers Market Outlook
The global cyclic olefin copolymers market attained nearly USD 763 million in 2020 and is expected to grow at a CAGR of 32% during the forecast period of 2021-2026 to reach USD 4035 million by 2026.
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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.
Properties and Applications
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.
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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.
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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.
- JSR Corporation
- Polysciences, Inc.
- 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.
*We at Expert Market Research always thrive to give you the latest information. The numbers in the article are only indicative and may be different from the actual report.
1 Preface
1.1 Objectives of the Study
1.1.1 Research Objective
1.1.2 Key Findings of the Report
2 Research Methodology
2.1 Data Extraction
2.2 Data Corroboration
2.3 Market Structure
2.4 Assumptions
2.5 Market Models
3 Introduction
3.1 Market Outlook
3.2 Market Scope and Segmentation
3.3 Additional Insights
4 Executive Summary
4.1 Key Market Developments
4.2 Market Analysis
4.3 Key Players
4.4 Cost Structure
4.5 Market Revenue and Growth
5 Market Dynamics
5.1 Market Driver Analysis
5.2 Market Restraint Analysis
5.3 Industry Challenges
5.4 Industry Opportunities
6 Global Cyclic Olefin Copolymers Market Analysis
6.1 Global Cyclic Olefin Copolymers Historical Market (2016-2020) & Forecast (2021-2026)
6.2 Global Cyclic Olefin Copolymers Market Breakup by Grade
6.2.1 Resin
6.2.2 Film
6.3 Global Cyclic Olefin Copolymers Market Breakup by Grade: Historical Market (2016-2020) & Forecast (2021-2026)
6.3.1 Resin
6.3.2 Film
6.4 Global Cyclic Olefin Copolymers Market Breakup by End Use
6.4.1 Packaging
6.4.2 Health Care
6.4.3 Diagnostics
6.4.4 Optics
6.4.5 Electronics
6.4.6 Others
6.5 Global Cyclic Olefin Copolymers Market Breakup by End Use: Historical Market (2016-2020) & Forecast (2021-2026)
6.5.1 Packaging
6.5.2 Health Care
6.5.3 Diagnostics
6.5.4 Optics
6.5.5 Electronics
6.5.6 Others
6.6 Global Cyclic Olefin Copolymers Market by Region
6.6.1 North America
6.6.1.1 United States of America
6.6.1.2 Canada
6.6.2 Europe
6.6.2.1 Germany
6.6.2.2 United Kingdom
6.6.2.3 France
6.6.2.4 Italy
6.6.2.5 Others
6.6.3 Asia Pacific
6.6.3.1 China
6.6.3.2 Japan
6.6.3.3 India
6.6.3.4 ASEAN
6.6.3.5 Others
6.6.4 Latin America
6.6.4.1 Brazil
6.6.4.2 Argentina
6.6.4.3 Mexico
6.6.4.4 Others
6.6.5 Middle East & Africa
6.6.5.1 Saudi Arabia
6.6.5.2 United Arab Emirates
6.6.5.3 Nigeria
6.6.5.4 South Africa
6.6.5.5 Others
6.7 Global Cyclic Olefin Copolymers Market by Region: Historical Market (2016-2020) & Forecast (2021-2026)
6.7.1 North America
6.7.1.1 United States of America
6.7.1.2 Canada
6.7.2 Europe
6.7.2.1 Germany
6.7.2.2 United Kingdom
6.7.2.3 France
6.7.2.4 Italy
6.7.2.5 Others
6.7.3 Asia Pacific
6.7.3.1 China
6.7.3.2 Japan
6.7.3.3 India
6.7.3.4 ASEAN
6.7.3.5 Others
6.7.4 Latin America
6.7.4.1 Brazil
6.7.4.2 Argentina
6.7.4.3 Mexico
6.7.4.4 Others
6.7.5 Middle East & Africa
6.7.5.1 Saudi Arabia
6.7.5.2 United Arab Emirates
6.7.5.3 Nigeria
6.7.5.4 South Africa
6.7.5.5 Others
7 SWOT Analysis
7.1 Overview
7.2 Strengths
7.3 Weaknesses
7.4 Opportunities
7.5 Threats
8 Porter’s Five Forces Analysis
8.1 Overview
8.2 Buyer’s Power
8.3 Supplier’s Power
8.4 New Entrants
8.5 Degree of Rivalry
8.6 Substitutes
9 Competitive Landscape & Supplier Analysis
9.1 TOPAS Advanced Polymers GmbH
9.1.1 Company Overview
9.1.2 Financial Analysis
9.2 Zeon Corporation
9.2.1 Company Overview
9.2.2 Financial Analysis
9.3 Mitsui Chemicals, Inc.
9.3.1 Company Overview
9.3.2 Financial Analysis
9.4 JSR Corporation
9.4.1 Company Overview
9.4.2 Financial Analysis
9.5 Polysciences, Inc.
9.5.1 Company Overview
9.5.2 Financial Analysis
9.6 Others
10 Industry Events and Developments
Additional Customization Available
11 Manufacturing Process
11.1 Detailed Process Flow
11.2 Operations Involved
11.3 Mass Balance
12 Cost Analysis and Project Economics
12.1 Land, Location and Site Development
12.2 Construction
12.3 Plant Machinery
12.4 Cost of Raw Material
12.5 Packaging
12.6 Transportation
12.7 Utilities
12.8 Manpower
12.9 Other Capital Investment
Key Questions Answered in the Report
The global cyclic olefin copolymers market attained a value of nearly USD 763 million in 2020.
The market is projected to grow at a CAGR of 32% between 2021 and 2026.
The market is estimated to witness a healthy growth in the forecast period of 2021-2026 to reach USD 4035 million.
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 government regulations and the ban on conventional plastics for packaging, owing to rising environmental concern are the key industry trends propelling the growth of the market.
The major regions in the industry 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 the dominant end use sector of cyclic olefin copolymers in the industry.
The leading grade types of cyclic olefin copolymers are resin and film.
The major players in the industry are TOPAS Advanced Polymers GmbH, Zeon Corporation, Mitsui Chemicals, Inc., JSR Corporation, and Polysciences Inc., among others.
Analyst Review
The global cyclic olefin copolymers market attained a value of USD 763 million in 2020, driven by the rapid growth in the packaging segment and the extensive use of the product in the healthcare sector. Aided by the increased government regulations and the ban on conventional plastics for packaging, owing to rising environmental concern, the market is expected to witness a further growth in the forecast period of 2021-2026, growing at a CAGR of 32%. The market is projected to reach USD 4035 million by 2026.
EMR’s meticulous research methodology delves deep into the market, covering the macro and micro aspects of the industry. Based on end-use sectors, the cyclic olefin copolymers industry can be segmented into packaging, health care, diagnostics, optics, and electronics, among others, with packaging accounting for the largest market share. On the basis of grade, the industry is bifurcated into resin and film. The major regional markets for cyclic olefin copolymers are North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa, with Asia Pacific expected to account for a significant share in the forecast period. The key players in the above market include TOPAS Advanced Polymers GmbH, Zeon Corporation, Mitsui Chemicals, Inc., JSR Corporation and Polysciences Inc., among others.
EMR’s research methodology uses a combination of cutting-edge analytical tools and the expertise of their highly accomplished team, thus, providing their customers with market insights that are accurate, actionable, and help them remain ahead of their competition.
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