Press release
COC/COP Market Trends: Rising Adoption in Optical and Medical Applications Boosts Global Market Outlook
Cyclic Olefin Polymer (COC/COP) MarketCyclic olefin polymer (COC/COP) is formed by the polymerization of cyclic olefin monomers. As a thermoplastic optical grade material with excellent performance, it is widely used in the fields of optics, medical and packaging. In the field of optics, COC/COP are widely used to make various types of lenses, mobile phone display films, etc. With the trend of multi-lens smartphones and the gradual expansion of demand for optical lenses in automobile autonomous driving technology, COC is widely used in the field of optical lenses. Broad prospects. In the medical field, COC/COP has good transparency and water vapor barrier properties, as well as excellent biocompatibility, and its density is much smaller than glass. It is especially suitable for use in blood storage containers, test tubes, Petri dishes, Syringes and pipettes, etc. COC/COP has high technical barriers from monomers, catalysts to polymerization technologies. Currently, its production technology is mainly controlled by Japanese companies such as Zeon, JSR, Polytechnic, and Mitsui Chemicals.
The global Cyclic Olefin Polymer (COC/COP) market was valued at US$ million in 2023 and is anticipated to reach US$ million by 2030, witnessing a CAGR of % during the forecast period 2024-2030.
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North American market for Cyclic Olefin Polymer (COC/COP) is estimated to increase from $ million in 2023 to reach $ million by 2030, at a CAGR of % during the forecast period of 2024 through 2030.
Asia-Pacific market for Cyclic Olefin Polymer (COC/COP) is estimated to increase from $ million in 2023 to reach $ million by 2030, at a CAGR of % during the forecast period of 2024 through 2030.
The major global manufacturers of Cyclic Olefin Polymer (COC/COP) include Nippon Zeon Corp, JSR Corp, Polyplastics, MitsuiChemicals, Wuxi Acryl Technology Co., Ltd., TopOlefin, Zibo Luhua Hongjin New Material Co., Ltd. and GUANGZHOU KINGFA SCI.& TECH., etc. In 2023, the world's top three vendors accounted for approximately % of the revenue.
This report aims to provide a comprehensive presentation of the global market for Cyclic Olefin Polymer (COC/COP), with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Cyclic Olefin Polymer (COC/COP).
By Type
• COP Polymer
• COC Copolymer
By Application
• Optics
• Medical
• Package
Key Companies
Nippon Zeon Corp, JSR Corp, Polyplastics, MitsuiChemicals, Wuxi Acryl Technology Co., Ltd., TopOlefin, Zibo Luhua Hongjin New Material Co., Ltd., GUANGZHOU KINGFA SCI.& TECH.
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