Cyclic Olefin Copolymer (COC) Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2018 – 2025
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.
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.
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<strong>COC</strong> has made inroads into LCD’s for their deep finish with clarity <strong>and</strong> hence used for light guide panels for LCD. The<br />
growth of <strong>COC</strong> is its versatility which finds privileged use in mobile screens, PDA’s <strong>and</strong> laptop screens but cost<br />
limitations restrict its use only to swanky high-end phones.<br />
The production capacity though touching 3000 tons is wanting for lack of confidence expressed in volume growth of<br />
<strong>COC</strong> but <strong>Cyclic</strong> <strong>Olefin</strong> <strong>Copolymer</strong> (<strong>COC</strong>) market still looks intact with <strong>COC</strong> used prolifically in LCD panels. Resin<br />
producers had started production cycles on films with production dem<strong>and</strong> resting globally near 20 million units by<br />
2006 <strong>and</strong> are on track to meet the sales figures justifying dem<strong>and</strong> figures.<br />
<strong>COC</strong> injection molded plates has seen highly successful applications in medical industry for its resistance to sterilization<br />
at higher temperatures. The pharmaceutical blister packaging is not finding any takers with this type of blister<br />
packaging offering immunity to the tablets though but too thick to push out. On that count PVDC packaging rates<br />
better with halogenated blister packaging proving more successful.<br />
Some normalcy is restored with packaging opening when <strong>COC</strong> is mixed with LDPE <strong>and</strong> track closures open <strong>and</strong> close at<br />
will. The bags are used to pack shredded cheese, etc. Segmentation of <strong>Cyclic</strong> <strong>Olefin</strong> <strong>Copolymer</strong> (<strong>COC</strong>) market by type<br />
includes resin grades, film grades. Segmentation of <strong>Cyclic</strong> <strong>Olefin</strong> <strong>Copolymer</strong> (<strong>COC</strong>) market by application includes<br />
packaging, healthcare, diagnostics, optics <strong>and</strong> electronics.<br />
<strong>COC</strong> is commercially produced in Germany at TICONA <strong>and</strong> Japan has commissioned two plants producing 5000<br />
tons/year <strong>and</strong> 1000tonne/year. The key stakeholders include Topas Advanced polymers, Inc., Dow chemical company,<br />
HIS <strong>Market</strong>, Dynasol elastomers, LCY Chemicals, Asahi Kasei, BASF, <strong>and</strong> CNPC. Laptops <strong>and</strong> PDA designs has motivated<br />
the two manufacturers to produce 20000 tons/year in the near future.<br />
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