Published On : April 2016
Global Cyclic Olefin PolymerMarket
Cyclic Olefin Polymer (COP) is a chemical substance which is specifically used in the manufacturing of packaging of materials mostly used in the healthcare, pharmaceutical, electronic and optical industries among others. Cyclic Olefin Polymer (COP) is an amorphous polymer made by several polymer manufacturers. COP is a relatively new class of polymers as compared to commodities such as polypropylene and polyethylene. Increasing demand from end-user industries such as lenses, packaging films, displays, vials and medical devices is escalating the demand for Cyclic Olefin Polymer market. Cyclic Olefin Polymers is also known as Ethylene Copolymer, Clyclon Olefin Copolymer and Ethylene-norbornene Copolymer.
In the present scenario, Cyclic Olefin Polymers have developed as a fascinating substitute to the most well-known polymers used in micro-fluidics. Cyclic Olefin Polymers have few ideal properties, such as low water absorption, good chemical resistance and high transmission in the near UV range. There is an extensive collection of fabrication approaches available. With a specific end goal to pick the most suitable one, it is important to consider the resolution, manufacturing cost and surface roughness.
In short, it is an ideal plastic for vial systems because they have clarity like glass and suitable physicochemical properties and the ability to be sterilized.
Geographically, Japan has witnessed a tremendous growth in Global Cyclic Olefin Polymer (COP) market as it has captured all the major manufacturers of this particular ingredient. In regions such as North America and Western Europe, especially in the US, there is a huge potential for growth of the COP market as this regions has captured a large number of manufacturers includes pharmaceuticals, healthcare, electronics, optical products. Also, the other regions where the market has opportunities and restraints will be coverd in this report.
Market Growth Influencer
Global Cyclic Olefin Polymer market has been witnessed a prospective growth in the US and Europe in recent year as these regions have captured a large number of industries such as pharmaceutical, electronic, optical and others. The megatrends which may become a global market influencer for this product are global connectivity and rapid growth in North America and Latin America because of the huge demand for electronic products. In the Middle East and Africa and regions of Asia-Pacific, the market of Cyclic Olefin Polymer (COP) is also generating huge demand from the emerging middle-class population and rapid urbanization in some part of Asia-Pacific and the Middle East and Africa such as South Africa, India, China and others. This scenario has taken place due to increase in purchasing power of the customer. The Global Cyclic Olefin Polymer (COP) accounts the mild growth in another part of the Middle East and Africa and Eastern Europe because of high material cost and lack of efficient manufacturers of Cyclic Olefin Polymers.
Global Cyclic Olefin Polymer Market: Market Segmentation
For conducting this study, Market Research Future has segmented the Global Cyclic Olefin Market into product classification on the basis of technology, chemical structure, applications and end users. Considering technology, cyclic olefin polymer is divided into ring-opening materials polymerization (romp) products and non-ring opened products. Further, the chemical structure consists of A-Series, B-Series, C-Series, and D-Series. The product’s applications include packaging, healthcare and optical and electronics industries.
Global Cyclic Olefin PolymerMarket: Regional Analysis
As per the review of Market Research Future, the market for Global Cyclic Olefin Polymer (COP) is divided into Americas, Europe, Asia-Pacific, Middle East and Africa. APAC region has spotted maximum growth in Global Cyclic Olefin Polymer market because of the existence of major manufacturer of thecyclic olefin polymer. In Eastern Europe and MEA, the market is tapped because of the lack of manufacturing facilities and high material cost. The rapid urbanization and emerging middle class in developing countries of MEA and APAC have witnessed amajor opportunity to grow and capture themarket.
Global Cyclic Olefin PolymerMarket: Industry Chain Analysis
As per the Market Research Future, the industry chain analysis of Global Cyclic Polymer (COP) includes:
The supply chain analysis of Global Cyclic Polymer (COP) includes:
Global Cyclic Olefin PolymerMarket: Prominent Market Players
The prominent players present in the globalcyclic olefin polymer market include Topas Advanced Polymers, Mitsui Chemicals, Zeon Chemicals and JSR Chemicals.
Market Research Future introduces about the global cyclic olefin polymer market during the forecast period 2017-2027 which mainly includes the growth drivers, trends and restraints and how the market will grow in the future across the globe. In this report,Market Research Future has focused on the current market scenario which includes market segmentation, market dynamics, and competitive landscape along with companyprofiles.
The reports also covers brief analysis of Geographical Region includes:
o Rest of LATAM
o Rest of Western Europe
o South Korea
o Rest of Asia
o New Zealand
o Rest of Middle East
o South Africa
o Rest of Africa
Every report of Market Research Future comprises of extensive primary research along with the detailed analysis of qualitative as well as quantitative aspects by various industry experts, key opinion leaders to gain the deeper insight of the market and industry performance. The report gives the clear picture of current market scenario which includes historical and projected market size in terms of value and volume, technological advancement, macro economical and governing factors in the market. The report also gives a broad study of the different market segments and regions.