Thursday, 3 January 2019

Cyclic Olefin Copolymer (COC) Market 2025 Industry Growth by Challenges, Opportunities and Risk Factor


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.


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.


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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