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Cyclic Olefin Copolymer Market: Trends, Opportunities and Competitive Analysis 2023-2028

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    Report

  • 150 Pages
  • June 2023
  • Region: Global
  • Lucintel
  • ID: 5842987
The future of the cyclic olefin copolymer market looks promising with opportunities in the packaging, healthcare, electronic, and optic industries. The global cyclic olefin copolymer market is expected to reach an estimated $1.5 billion by 2028 with a CAGR of 5.9% from 2023 to 2028. The major drivers for this market are increasing application of these polymers in different primary medication packaging, growing usage of these polymers as an alternative of conventional flexible materials, and rising use of cyclic olefin copolymer in various end use industries, such as packaging, healthcare, diagnostics, optics, and electronics.

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Cyclic Olefin Copolymer Market by Segment

The study includes a forecast for the global cyclic olefin copolymer market by grade, end use industry, and region, as follows:

Cyclic Olefin Copolymer Market by Grade [Value ($B) Shipment Analysis from 2017 to 2028]:

  • Films
  • Resins

Cyclic Olefin Copolymer Market by End Use Industry [Value ($B) Shipment Analysis from 2017 to 2028]:

  • Packaging
  • Healthcare
  • Electronics
  • Optics
  • Others

Cyclic Olefin Copolymer Market by Region [Value ($B) Shipment Analysis from 2017 to 2028]:

  • North America
  • Europe
  • Asia Pacific
  • The Rest of the World

List of Cyclic Olefin Copolymer Companies

Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies cyclic olefin copolymer companies cater to increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the cyclic olefin copolymer companies profiled in this report include:
  • Topas Advanced Polymers
  • Zeon
  • Mitsui Chemicals
  • Polyplastics
  • JSR

Cyclic Olefin Copolymer Market Insights

  • The analyst forecasts that film will remain the larger segment over the forecast period due to the significant use of these films as an amorphous thermoplastic and it is more effective than usual COC which is used as a blending agent in polyolefin packaging films for the consumer, medicinal, and industrial markets.
  • Packaging is expected to remain the largest segment due to the continual expansion of healthcare sector and widespread use of these copolymer resins in pharmaceutical blister packaging, medical laboratory containers, precision molded optics, and laser printers.
  • APAC will remain the largest region due to growing demand for plastic packaging across a variety of end uses, including food and beverage, personal care, and pharmaceutical packaging in countries like China and India.

Features of the Cyclic Olefin Copolymer Market

  • Market Size Estimates: Cyclic olefin copolymer market size estimation in terms of value ($B)
  • Trend And Forecast Analysis: Market trends (2017-2022) and forecast (2023-2028) by various segments and regions.
  • Segmentation Analysis: Cyclic olefin copolymer market size by various segments, such as by grade, end use industry, and region
  • Regional Analysis: Cyclic olefin copolymer market breakdown by North America, Europe, Asia Pacific, and the Rest of the World.
  • Growth Opportunities: Analysis on growth opportunities in different by grade, end use industry, and regions for the cyclic olefin copolymer market.
  • Strategic Analysis: This includes M&A, new product development, and competitive landscape for the cyclic olefin copolymer market.
  • Analysis of competitive intensity of the industry based on Porter’s Five Forces model.

FAQS

Q1. What is the cyclic olefin copolymer market size?
Answer: The global cyclic olefin copolymer market is expected to reach an estimated $1.5 billion by 2028.

Q2. What is the growth forecast for cyclic olefin copolymer market?
Answer: The global cyclic olefin copolymer market is expected to grow with a CAGR of 5.9% from 2023 to 2028.

Q3. What are the major drivers influencing the growth of the cyclic olefin copolymer market?
Answer: The major drivers for this market are increasing application of these polymers in different primary medication packaging, growing usage of these polymers as an alternative of conventional flexible materials, and rising use of cyclic olefin copolymer in various end use industries, such as packaging, healthcare, diagnostics, optics, and electronics.

Q4. What are the major segments for cyclic olefin copolymer market?
Answer: The future of the cyclic olefin copolymer market looks promising with opportunities in the packaging, healthcare, electronic, and optic industries.

Q5. Who are the key cyclic olefin copolymer companies?
Answer: Some of the key cyclic olefin copolymer companies are as follows:
  • Topas Advanced Polymers
  • Zeon
  • Mitsui Chemicals
  • Polyplastics
  • JSR
Q6. Which cyclic olefin copolymer segment will be the largest in future?
Answer: The analyst forecasts that film will remain the larger segment over the forecast period due to the significant use of these films as an amorphous thermoplastic and it is more effective than usual COC which is used as a blending agent in polyolefin packaging films for the consumer, medicinal, and industrial markets.

Q7. In cyclic olefin copolymer market, which region is expected to be the largest in next 5 years?
Answer: APAC will remain the largest region due to growing demand for plastic packaging across a variety of end uses, including food and beverage, personal care, and pharmaceutical packaging in countries like China and India.

Q8. Do we receive customization in this report?
Answer: Yes, the analyst provides 10% Customization Without any Additional Cost.

This report answers the following 11 key questions

Q.1. What are some of the most promising, high-growth opportunities for the cyclic olefin copolymer market by grade (films and resins), end use industry (packaging, healthcare, electronics, optics, and others), and region (North America, Europe, Asia Pacific, and the Rest of the World)?
Q.2. Which segments will grow at a faster pace and why?
Q.3. Which region will grow at a faster pace and why?
Q.4. What are the key factors affecting market dynamics? What are the key challenges and business risks in this market?
Q.5. What are the business risks and competitive threats in this market?
Q.6. What are the emerging trends in this market and the reasons behind them?
Q.7. What are some of the changing demands of customers in the market?
Q.8. What are the new developments in the market? Which companies are leading these developments?
Q.9. Who are the major players in this market? What strategic initiatives are key players pursuing for business growth?
Q.10. What are some of the competing products in this market and how big of a threat do they pose for loss of market share by material or product substitution?
Q.11. What M&A activity has occurred in the last 5 years and what has its impact been on the industry?


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Table of Contents

1. Executive Summary
2. Global Cyclic Olefin Copolymer Market: Market Dynamics
2.1: Introduction, Background, and Classifications
2.2: Supply Chain
2.3: Industry Drivers and Challenges
3. Market Trends and Forecast Analysis from 2017 to 2028
3.1: Macroeconomic Trends (2017-2022) and Forecast (2023-2028)
3.2: Global Cyclic Olefin Copolymer Market Trends (2017-2022) and Forecast (2023-2028)
3.3: Global Cyclic Olefin Copolymer Market by Grade
3.3.1: Films
3.3.2: Resins
3.4: Global Cyclic Olefin Copolymer Market by End Use Industry
3.4.1: Packaging
3.4.2: Healthcare
3.4.3: Electronics
3.4.4: Optics
3.4.5: Others
4. Market Trends and Forecast Analysis by Region from 2017 to 2028
4.1: Global Cyclic Olefin Copolymer Market by Region
4.2: North American Cyclic Olefin Copolymer Market
4.2.1: North American Cyclic Olefin Copolymer Market by Grade: Films and Resins
4.2.2: North American Cyclic Olefin Copolymer Market by End Use Industry: Packaging, Healthcare, Electronics, Optics, and Others
4.3: European Cyclic Olefin Copolymer Market
4.3.1: European Cyclic Olefin Copolymer Market by Grade: Films and Resins
4.3.2: European Cyclic Olefin Copolymer Market by End Use Industry: Packaging, Healthcare, Electronics, Optics, and Others
4.4: APAC Cyclic Olefin Copolymer Market
4.4.1: APAC Cyclic Olefin Copolymer Market by Grade: Films and Resins
4.4.2: APAC Cyclic Olefin Copolymer Market by End Use Industry: Packaging, Healthcare, Electronics, Optics, and Others
4.5: ROW Cyclic Olefin Copolymer Market
4.5.1: ROW Cyclic Olefin Copolymer Market by Grade: Films and Resins
4.5.2: ROW Cyclic Olefin Copolymer Market by End Use Industry: Packaging, Healthcare, Electronics, Optics, and Others
5. Competitor Analysis
5.1: Product Portfolio Analysis
5.2: Operational Integration
5.3: Porter’s Five Forces Analysis
6. Growth Opportunities and Strategic Analysis
6.1: Growth Opportunity Analysis
6.1.1: Growth Opportunities for the Global Cyclic Olefin Copolymer Market by Grade
6.1.2: Growth Opportunities for the Global Cyclic Olefin Copolymer Market by End Use Industry
6.1.3: Growth Opportunities for the Global Cyclic Olefin Copolymer Market by Region
6.2: Emerging Trends in the Global Cyclic Olefin Copolymer Market
6.3: Strategic Analysis
6.3.1: New Product Development
6.3.2: Capacity Expansion of the Global Cyclic Olefin Copolymer Market
6.3.3: Mergers, Acquisitions, and Joint Ventures in the Global Cyclic Olefin Copolymer Market
6.3.4: Certification and Licensing
7. Company Profiles of Leading Players
7.1: Topas Advanced Polymers
7.2: Zeon
7.3: Mitsui Chemicals
7.4: Polyplastics
7.5: JSR

Companies Mentioned

  • Topas Advanced Polymers
  • Zeon
  • Mitsui Chemicals
  • Polyplastics
  • JSR

Methodology

The analyst has been in the business of market research and management consulting since 2000 and has published over 600 market intelligence reports in various markets/applications and served over 1,000 clients worldwide. Each study is a culmination of four months of full-time effort performed by the analyst team. The analysts used the following sources for the creation and completion of this valuable report:

  • In-depth interviews of the major players in the market
  • Detailed secondary research from competitors’ financial statements and published data
  • Extensive searches of published works, market, and database information pertaining to industry news, company press releases, and customer intentions
  • A compilation of the experiences, judgments, and insights of professionals, who have analyzed and tracked the market over the years.

Extensive research and interviews are conducted in the supply chain of the market to estimate market share, market size, trends, drivers, challenges and forecasts.

Thus, the analyst compiles vast amounts of data from numerous sources, validates the integrity of that data, and performs a comprehensive analysis. The analyst then organizes the data, its findings, and insights into a concise report designed to support the strategic decision-making process.

 

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