November 6, 2018: The Global CyclicOlefin Copolymer (COC) market is expected to witness prolific growth in
forthcoming period. Cyclic olefin copolymer, also called cyclic olefin polymer,
is a new class of polymeric material that has varying profiles based on
polymerization routes. The two profiles are COC and COP (Cyclic Olefin
Polymer). 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.
COC
has made inroads into LCD’s for their deep finish with clarity and hence used
for light guide panels for LCD. The growth of COC is its versatility which
finds privileged use in mobile screens, PDA’s and laptop screens but cost
limitations restrict its use only to swanky high-end phones.
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The
production capacity though touching 3000 tons is wanting for lack of confidence
expressed in volume growth of COC but Cyclic Olefin Copolymer (COC) market
still looks intact with COC used prolifically in LCD panels. Resin producers
had started production cycles on films with production demand resting globally
near 20 million units by 2006 and are on track to meet the sales figures
justifying demand figures.
COC
injection molded plates has seen highly successful applications in medical
industry for its resistance to sterilization at higher temperatures. The
pharmaceutical blister packaging is not finding any takers with this type of
blister packaging offering immunity to the tablets though but too thick to push
out. On that count PVDC packaging rates better with halogenated blister
packaging proving more successful.
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Some
normalcy is restored with packaging opening when COC is mixed with LDPE and track
closures open and close at will. The bags are used to pack shredded cheese,
etc. Segmentation of Cyclic Olefin Copolymer (COC) market by type includes
resin grades, film grades. Segmentation of Cyclic Olefin Copolymer (COC) market
by application includes packaging, healthcare, diagnostics, optics and
electronics.
COC
is commercially produced in Germany at TICONA and Japan has commissioned two
plants producing 5000 tons/year and 1000tonne/year. The key stakeholders
include Topas Advanced polymers, Inc., Dow chemical company, HIS Market,
Dynasol elastomers, LCY Chemicals, Asahi Kasei, BASF, and CNPC. Laptops and PDA
designs has motivated the two manufacturers to produce 20000 tons/year in the
near future.
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