Cyclic Olefin Copolymer Market By Application (Packaging, Diagnostics, Others), By End Use Industry (Pharmaceuticals and Biotechnological, Medical, Chemical, Food and Beverage, Others): Global Opportunity Analysis and Industry Forecast, 2021-2031

Description

List of Tables

The global cyclic olefin copolymer market is anticipated to reach $1,410 million by 2031, growing from $825.4 million in 2021 at a CAGR of 5.5% from 2022 to 2031. Cyclic olefin copolymer (COC) refer to a class of amorphous plastic resins with low native stress birefringence. The global cyclic olefin copolymer industry is expanding due to an increase in demand from various end-use sectors such as packaging, healthcare, electronics, and optics. Because of its excellent chemical resistance and optical transparency, which are required to replace expensive PAN-based polymers, it has become one of the most sought-after substances in the healthcare and packaging industries. Rise in government regulations around the world about the use of conventional plastic resins for packing is causing a greater adoption of sustainable alternatives, such as cyclic olefinic resins, which are driving the industry growth even further.

The availability of alternative polymers such as polyethylene and polypropylene to cyclic olefin copolymer is expected to restrain the market growth during the forecast period. Polycarbonates (PC) and polymethacrylates (PMMA) are also used as COC substitutes in the market. Polyethylene and polypropylene are used in a variety of packaging applications, including food and general packaging. However, the cost of cyclic olefin copolymer is higher than that of standard packaging polymers. The average price of cyclic olefin copolymer is $11-25/kg, while other materials cost $1-2/kg. The high COC price is also anticipated to limit the market growth during the forecast period.

The use of conventional plastic as a raw material has been prohibited in many economies, particularly in the Western European region due to strict rules and regulations. Plastic cups, for example, have been banned in France. This has prompted governments all over the world to prefer sustainable alternatives to conventional plastic resins, such as olefin copolymers, for packaging. Therefore, as more sustainable resin manufacturing develops, the global cyclic olefin copolymer market is expected to have lucrative growth opportunities in the future. Producers and distributors of cyclic olefin copolymer develop future business strategies based on dynamic demand from end users ranging from electronics to healthcare.

The COVID-19 pandemic had an impact on various industries, with the plastic industry being one of the few that was primarily affected to some extent. Manufacturing activity delays and shutdowns in various end-use industries such as packaging, electronics, personal care, food & beverages in both developed and developing countries impacted market growth for cyclic olefin copolymer during COVID-19. However, the industry also faced supply chain, workforce, raw material supply issues, and others. According to the Plastic Europe article, Europe's plastic production fell by more than 5%, from around 58 million tons to 55 million tons, representing a loss of one point of market share (from 16% in 2019 to 15% in 2020).

The key players profiled in this report include: Zeon Corporation, Borealis Group, Topas Advanced Polymers, Inc., MITSUI & CO.,Ltd, JSR Corporation, Polysciences, Inc., Entec Polymers, Lyondellbasell Industries Holdings B.V., Ravago Group, and VELOX GmbH.

Key Benefits For Stakeholders

This report provides a quantitative analysis of the market segments, current trends, estimations, and dynamics of the cyclic olefins copolymers market analysis from 2021 to 2031 to identify the prevailing cyclic olefin copolymer market opportunities.
The market research is offered along with information related to key drivers, restraints, and opportunities.
Porter's five forces analysis highlights the potency of buyers and suppliers to enable stakeholders make profit-oriented business decisions and strengthen their supplier-buyer network.
In-depth analysis of the cyclic olefin copolymer market segmentation assists to determine the prevailing market opportunities.
Major countries in each region are mapped according to their revenue contribution to the global market.
Market player positioning facilitates benchmarking and provides a clear understanding of the present position of the market players.
The report includes the analysis of the regional as well as global cyclic olefin copolymer market trends, key players, market segments, application areas, and market growth strategies.

Key Market Segments

By Application

Others
Packaging
Diagnostics

By End Use Industry

Pharmaceuticals and Biotechnological
Medical
Chemical
Food and Beverage
Others

By Region

North America
- U.S.
- Canada
- Mexico
Europe
- Germany
- UK
- France
- Spain
- Italy
- Rest of Europe
Asia-Pacific
- China
- Japan
- India
- South Korea
- Australia
- Rest of Asia-Pacific
LAMEA
- Brazil
- Saudi Arabia
- UAE
- South Africa
- Rest of LAMEA

Key Market Players

zeon corporation
borealis group
Topas Advanced Polymers, Inc
MITSUI & CO.,Ltd
jsr corporation
polysciences, inc.
entec polymers
Lyondellbasell Industries Holdings B.V.
Ravago Group
VELOX GmbH

Product Code: A31880

CHAPTER 1: INTRODUCTION

1.1. Report description
1.2. Key market segments
1.3. Key benefits to the stakeholders
1.4. Research Methodology
- 1.4.1. Primary research
- 1.4.2. Secondary research
- 1.4.3. Analyst tools and models

CHAPTER 2: EXECUTIVE SUMMARY

2.1. CXO Perspective

CHAPTER 3: MARKET OVERVIEW

3.1. Market definition and scope
3.2. Key findings
- 3.2.1. Top impacting factors
- 3.2.2. Top investment pockets
3.3. Porter's five forces analysis
3.4. Market dynamics
- 3.4.1. Drivers
- 3.4.2. Restraints
- 3.4.3. Opportunities
3.5. COVID-19 Impact Analysis on the market
3.6. Key Regulation Analysis
3.7. Market Share Analysis
3.8. Patent Landscape
3.9. Value Chain Analysis

CHAPTER 4: CYCLIC OLEFIN COPOLYMER MARKET, BY APPLICATION

4.1. Overview
- 4.1.1. Market size and forecast
4.2. Packaging
- 4.2.1. Key market trends, growth factors and opportunities
- 4.2.2. Market size and forecast, by region
- 4.2.3. Market share analysis by country
4.3. Diagnostics
- 4.3.1. Key market trends, growth factors and opportunities
- 4.3.2. Market size and forecast, by region
- 4.3.3. Market share analysis by country
4.4. Others
- 4.4.1. Key market trends, growth factors and opportunities
- 4.4.2. Market size and forecast, by region
- 4.4.3. Market share analysis by country

CHAPTER 5: CYCLIC OLEFIN COPOLYMER MARKET, BY END USE INDUSTRY

5.1. Overview
- 5.1.1. Market size and forecast
5.2. Pharmaceuticals and Biotechnological
- 5.2.1. Key market trends, growth factors and opportunities
- 5.2.2. Market size and forecast, by region
- 5.2.3. Market share analysis by country
5.3. Medical
- 5.3.1. Key market trends, growth factors and opportunities
- 5.3.2. Market size and forecast, by region
- 5.3.3. Market share analysis by country
5.4. Chemical
- 5.4.1. Key market trends, growth factors and opportunities
- 5.4.2. Market size and forecast, by region
- 5.4.3. Market share analysis by country
5.5. Food and Beverage
- 5.5.1. Key market trends, growth factors and opportunities
- 5.5.2. Market size and forecast, by region
- 5.5.3. Market share analysis by country
5.6. Others
- 5.6.1. Key market trends, growth factors and opportunities
- 5.6.2. Market size and forecast, by region
- 5.6.3. Market share analysis by country

CHAPTER 6: CYCLIC OLEFIN COPOLYMER MARKET, BY REGION

6.1. Overview
- 6.1.1. Market size and forecast By Region
6.2. North America
- 6.2.1. Key trends and opportunities
- 6.2.2. Market size and forecast, by Application
- 6.2.3. Market size and forecast, by End Use Industry
- 6.2.4. Market size and forecast, by country
  - 6.2.4.1. U.S.
  - 6.2.4.1.1. Key market trends, growth factors and opportunities
  - 6.2.4.1.2. Market size and forecast, by Application
  - 6.2.4.1.3. Market size and forecast, by End Use Industry
  - 6.2.4.2. Canada
  - 6.2.4.2.1. Key market trends, growth factors and opportunities
  - 6.2.4.2.2. Market size and forecast, by Application
  - 6.2.4.2.3. Market size and forecast, by End Use Industry
  - 6.2.4.3. Mexico
  - 6.2.4.3.1. Key market trends, growth factors and opportunities
  - 6.2.4.3.2. Market size and forecast, by Application
  - 6.2.4.3.3. Market size and forecast, by End Use Industry
6.3. Europe
- 6.3.1. Key trends and opportunities
- 6.3.2. Market size and forecast, by Application
- 6.3.3. Market size and forecast, by End Use Industry
- 6.3.4. Market size and forecast, by country
  - 6.3.4.1. Germany
  - 6.3.4.1.1. Key market trends, growth factors and opportunities
  - 6.3.4.1.2. Market size and forecast, by Application
  - 6.3.4.1.3. Market size and forecast, by End Use Industry
  - 6.3.4.2. UK
  - 6.3.4.2.1. Key market trends, growth factors and opportunities
  - 6.3.4.2.2. Market size and forecast, by Application
  - 6.3.4.2.3. Market size and forecast, by End Use Industry
  - 6.3.4.3. France
  - 6.3.4.3.1. Key market trends, growth factors and opportunities
  - 6.3.4.3.2. Market size and forecast, by Application
  - 6.3.4.3.3. Market size and forecast, by End Use Industry
  - 6.3.4.4. Spain
  - 6.3.4.4.1. Key market trends, growth factors and opportunities
  - 6.3.4.4.2. Market size and forecast, by Application
  - 6.3.4.4.3. Market size and forecast, by End Use Industry
  - 6.3.4.5. Italy
  - 6.3.4.5.1. Key market trends, growth factors and opportunities
  - 6.3.4.5.2. Market size and forecast, by Application
  - 6.3.4.5.3. Market size and forecast, by End Use Industry
  - 6.3.4.6. Rest of Europe
  - 6.3.4.6.1. Key market trends, growth factors and opportunities
  - 6.3.4.6.2. Market size and forecast, by Application
  - 6.3.4.6.3. Market size and forecast, by End Use Industry
6.4. Asia-Pacific
- 6.4.1. Key trends and opportunities
- 6.4.2. Market size and forecast, by Application
- 6.4.3. Market size and forecast, by End Use Industry
- 6.4.4. Market size and forecast, by country
  - 6.4.4.1. China
  - 6.4.4.1.1. Key market trends, growth factors and opportunities
  - 6.4.4.1.2. Market size and forecast, by Application
  - 6.4.4.1.3. Market size and forecast, by End Use Industry
  - 6.4.4.2. Japan
  - 6.4.4.2.1. Key market trends, growth factors and opportunities
  - 6.4.4.2.2. Market size and forecast, by Application
  - 6.4.4.2.3. Market size and forecast, by End Use Industry
  - 6.4.4.3. India
  - 6.4.4.3.1. Key market trends, growth factors and opportunities
  - 6.4.4.3.2. Market size and forecast, by Application
  - 6.4.4.3.3. Market size and forecast, by End Use Industry
  - 6.4.4.4. South Korea
  - 6.4.4.4.1. Key market trends, growth factors and opportunities
  - 6.4.4.4.2. Market size and forecast, by Application
  - 6.4.4.4.3. Market size and forecast, by End Use Industry
  - 6.4.4.5. Australia
  - 6.4.4.5.1. Key market trends, growth factors and opportunities
  - 6.4.4.5.2. Market size and forecast, by Application
  - 6.4.4.5.3. Market size and forecast, by End Use Industry
  - 6.4.4.6. Rest of Asia-Pacific
  - 6.4.4.6.1. Key market trends, growth factors and opportunities
  - 6.4.4.6.2. Market size and forecast, by Application
  - 6.4.4.6.3. Market size and forecast, by End Use Industry
6.5. LAMEA
- 6.5.1. Key trends and opportunities
- 6.5.2. Market size and forecast, by Application
- 6.5.3. Market size and forecast, by End Use Industry
- 6.5.4. Market size and forecast, by country
  - 6.5.4.1. Brazil
  - 6.5.4.1.1. Key market trends, growth factors and opportunities
  - 6.5.4.1.2. Market size and forecast, by Application
  - 6.5.4.1.3. Market size and forecast, by End Use Industry
  - 6.5.4.2. Saudi Arabia
  - 6.5.4.2.1. Key market trends, growth factors and opportunities
  - 6.5.4.2.2. Market size and forecast, by Application
  - 6.5.4.2.3. Market size and forecast, by End Use Industry
  - 6.5.4.3. UAE
  - 6.5.4.3.1. Key market trends, growth factors and opportunities
  - 6.5.4.3.2. Market size and forecast, by Application
  - 6.5.4.3.3. Market size and forecast, by End Use Industry
  - 6.5.4.4. South Africa
  - 6.5.4.4.1. Key market trends, growth factors and opportunities
  - 6.5.4.4.2. Market size and forecast, by Application
  - 6.5.4.4.3. Market size and forecast, by End Use Industry
  - 6.5.4.5. Rest of LAMEA
  - 6.5.4.5.1. Key market trends, growth factors and opportunities
  - 6.5.4.5.2. Market size and forecast, by Application
  - 6.5.4.5.3. Market size and forecast, by End Use Industry

CHAPTER 7: COMPETITIVE LANDSCAPE

7.1. Introduction
7.2. Top winning strategies
7.3. Product Mapping of Top 10 Player
7.4. Competitive Dashboard
7.5. Competitive Heatmap
7.6. Top player positioning, 2021

CHAPTER 8: COMPANY PROFILES

8.1. borealis group
- 8.1.1. Company overview
- 8.1.2. Key Executives
- 8.1.3. Company snapshot
8.2. Topas Advanced Polymers, Inc
- 8.2.1. Company overview
- 8.2.2. Key Executives
- 8.2.3. Company snapshot
8.3. MITSUI & CO.,Ltd
- 8.3.1. Company overview
- 8.3.2. Key Executives
- 8.3.3. Company snapshot
8.4. zeon corporation
- 8.4.1. Company overview
- 8.4.2. Key Executives
- 8.4.3. Company snapshot
8.5. jsr corporation
- 8.5.1. Company overview
- 8.5.2. Key Executives
- 8.5.3. Company snapshot
8.6. polysciences, inc.
- 8.6.1. Company overview
- 8.6.2. Key Executives
- 8.6.3. Company snapshot
8.7. entec polymers
- 8.7.1. Company overview
- 8.7.2. Key Executives
- 8.7.3. Company snapshot
8.8. Lyondellbasell Industries Holdings B.V.
- 8.8.1. Company overview
- 8.8.2. Key Executives
- 8.8.3. Company snapshot
8.9. Ravago Group
- 8.9.1. Company overview
- 8.9.2. Key Executives
- 8.9.3. Company snapshot
8.10. VELOX GmbH
- 8.10.1. Company overview
- 8.10.2. Key Executives
- 8.10.3. Company snapshot