Cyclic Olefin Copolymers (COC) Demand Analysis, By Types, By Applications [Packaging, Healthcare, Opticals & Electronics] & Forecast Analysis, 2032

Cyclic Olefin Copolymers (COCs) are engineering thermoplastics with a unique combination of properties such as excellent transparency, low density and excellent optical properties. COC elastomers are high performance thermoplastics and have high tensile strength, excellent fatigue and chemical resistance. COC can operate at high temperature and pressure without losing any physical properties.

Cyclic Olefin Copolymers (COCs) Application

COCs are widely used in Packaging, Medical & Healthcare, Opticals & optics, Electronics and Other application. COC is sought as an alternative to other packaging plastics and are used as an alternative to traditional flexible materials like PVC, Polyamide, Polyethylene Terephthalate (PET) and Polyacrylonitriles for a broad range of applications in food packaging, medical devices, and specialty pharmaceutical packaging. The material is increasingly becoming a preferred choice in the packaging industry on account of its high-performance and unique properties. It offers more flexibility, better disposal options and enhanced sustainability along with reduced cost.

Cyclic Olefin Copolymers (COCs) Drivers

Key demand drivers for COC have been their application for a broad range of packaging in the pharmaceutical sector on account of its unique properties. As performance and regulatory demands on packaging grow ever more difficult in the coming years, cyclic olefin-based products will continue to increase their share of this important market.

The biggest player in the COC market is Ticona followed by Zeon Coroporation. Global capacity has been estimated to be around 60-60 Kilo Tons.

Companies Covered:

• TOPAS Advanced Polymers
• Zeon Corporation
• Mitsui Chemicals
• Japan Synthetic Rubber (JSR)
• Other Manufacturers