3 January 2019 –
The Global
Cyclic Olefin Copolymer (COC) Market is expected to witness
prolific growth in forthcoming period. Cyclic olefin copolymer, also called
cyclic olefin polymer, is a new class of polymeric material that has varying
profiles based on polymerization routes. The two profiles are COC and COP
(Cyclic Olefin Polymer). Cyclic olefin Copolymer is a copolymer of Norborne and
ethylene. COC is good on the optic front and hence is distinguishable as optic
marks disks along with polycarbonate and acrylics.
COC has made inroads into LCD’s for their deep finish with
clarity and hence used for light guide panels for LCD. The growth of COC is its
versatility which finds privileged use in mobile screens, PDA’s and laptop
screens but cost limitations restrict its use only to swanky high-end phones.
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COC injection molded plates has seen highly successful
applications in medical industry for its resistance to sterilization at higher
temperatures. The pharmaceutical blister packaging is not finding any takers
with this type of blister packaging offering immunity to the tablets though but
too thick to push out. On that count PVDC packaging rates better with
halogenated blister packaging proving more successful.
Some normalcy is restored with packaging opening when COC is
mixed with LDPE and track closures open and close at will. The bags are used to
pack shredded cheese, etc. Segmentation of Cyclic Olefin Copolymer (COC) market
by type includes resin grades, film grades. Segmentation of Cyclic Olefin
Copolymer (COC) market by application includes packaging, healthcare,
diagnostics, optics and electronics.
COC is commercially produced in Germany at TICONA and Japan
has commissioned two plants producing 5000 tons/year and 1000tonne/year. The
key stakeholders include Topas Advanced polymers, Inc., Dow chemical company,
HIS Market, Dynasol elastomers, LCY Chemicals, Asahi Kasei, BASF, and CNPC.
Laptops and PDA designs has motivated the two manufacturers to produce 20000
tons/year in the near future.
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Market Segment:
Key Applications
•
Packaging
•
Healthcare
•
Optics
•
Fiber Spinning
•
Others
Key Regions
·
North America
·
Europe
·
Asia Pacific
·
Middle East and Africa
·
South America
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