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Report Overview
The global cyclic olefin copolymers market attained nearly USD 1754.87 Million in 2024 and is expected to grow at a CAGR of 32.00% during the forecast period of 2025-2034 to reach USD 28182.81 Million by 2034.
2024
Base Year
2018-2024
Historical Year
2025-2034
Forecast Year
Compound Annual Growth Rate
Value in USD Million
32%
2025-2034
Cyclic Olefin Copolymers Market Outlook
*this image is indicative*
The increased government regulations and the ban on conventional plastics for packaging, owing to rising environmental concern, is expected to drive the demand for cyclic olefin copolymers, especially in healthcare and food packaging sector.
Market Segmentation
Cyclic olefin copolymer, a thermoplastic polymer of ethylene and cyclic olefin, belongs to a new polymer class in comparison to substances like polypropylene and polyethylene. It has a unique combination of properties, which makes it flexible for use in diverse fields such as CD-ROM, packaging, medical equipment, optics, capacitors, etc. The global cyclic olefin copolymers industry can be broadly categorised based on segments like grades, end-uses, and regions.
Market Breakup by Grade
- Resin
- Film
Market Breakup by End Use
- Packaging
- Health Care
- Diagnostics
- Optics
- Electronics
- Others
Market Breakup by Region
- North America
- Europe
- Asia Pacific
- Latin America
- Middle East and Africa
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Market Analysis
The global cyclic olefin copolymers industry is witnessing an increased growth driven by its rising demand from various end-use sectors, including packaging, healthcare, electronics, and optics. It has emerged as one of the most sought-after substances in healthcare and packaging sector owing to its excellent chemical resistance and optical transparency, required in order to replace high-cost PAN-based polymers. The rising government regulations across the globe pertaining to the use of conventional plastic resins for packaging is leading to the increased adoption of sustainable alternatives, such as cyclic olefin resins, which is driving the industry further. Therefore, the growth in the packaging segment is anticipated to drive the global cyclic olefin copolymers industry over the forecast period.
The packaging sector, among other end, uses, will dominate the industry over the forecast period. The Asia Pacific is expected to be one of the most prominent consumer markets for the product in the future due to rapid industrialisation and urbanisation in the region.
Competitive Landscape
The report presents a detailed analysis of the following key players in the global cyclic olefin copolymers market, looking into their capacity, market shares, and latest developments like capacity expansions, plant turnarounds, and mergers and acquisitions:
- TOPAS Advanced Polymers GmbH
- Zeon Corporation
- Mitsui Chemicals, Inc.
- Polysciences, Inc.
- Merck KGaA
- JSR Corporation
- Polyplastics Co., Ltd.
- Others
The EMR report gives an in-depth insight into the cyclic olefin copolymers market by providing a SWOT analysis as well as an analysis of Porter’s Five Forces model.
*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.*
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Key Questions Answered in the Report
The global cyclic olefin copolymers market attained a value of nearly USD 1754.87 Million in 2024.
The market is projected to grow at a CAGR of 32.00% between 2025 and 2034.
The market is estimated to witness a healthy growth in the forecast period of 2025-2034 to reach USD 28182.81 Million by 2034.
The major drivers of the market include the rapid growth in the packaging segment and the extensive use of the product in the healthcare sector.
Increased regulations by various governments and the ban on conventional plastics for packaging, owing to rising environmental concerns are the key trends propelling the growth of the market.
The major regions in the market are North America, Latin America, the Middle East and Africa, Europe, and the Asia Pacific, with Asia Pacific accounting for a significant share in the market in the forecast period.
The packaging sector is a dominant end use sector of cyclic olefin copolymers in the market.
The leading grade types of cyclic olefin copolymers are resin and film.
The major players in the market are TOPAS Advanced Polymers GmbH, Zeon Corporation, Mitsui Chemicals, Inc., Polysciences, Inc., Merck KGaA, JSR Corporation, Polyplastics Co., Ltd., Others.
Report Summary
Explore our key highlights of the report and gain a concise overview of key findings, trends, and actionable insights that will empower your strategic decisions.
| REPORT FEATURES | DETAILS |
| Base Year | 2024 |
| Historical Period | 2018-2024 |
| Forecast Period | 2025-2034 |
| Scope of the Report |
Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment:
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| Breakup by Grade |
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| Breakup by End Use |
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| Breakup by Region |
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| Market Dynamics |
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| Competitive Landscape |
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| Companies Covered |
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