Cyclic Olefin Copolymer Sales Surge as Manufacturers Emphasize R&D to meet Specific End-User Require

Published: Wed Jul 17 2019

Cyclic olefin copolymers have gained significant popularity as preferred plastic in healthcare and packaging industries in recent years, in light of their compliance to various global regulations and norms. This has further created several opportunities for players in the cyclic olefin copolymers market, alongside growing adoption among various industrial sectors as barrier material. Demand for cyclic olefin copolymers will continue to grow among end-use industries including electronics, optics, and diagnostics, and the worldwide sales of cyclic olefin copolymers reached ~54 kilotons in 2018.  The aforementioned information has been extracted from the report titled "Cyclic Olefin Copolymers Market – Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2019-2027," added to the repository of the Market Research Hub (MRH). The need for efficient resin that features high chemical resistance coupled with optical transparency has been driving the demand for cyclic olefin copolymers since recent years. Cyclic olefin copolymers have been fast replacing the PAN-based polymers, colloquially known as Barex in the medical packaging. Leading players in the cyclic olefin copolymers are focusing on the adoption of novel strategies in line with dynamic needs of end-users. Key players are reinforcing their R&D efforts with robust infrastructure investments, in a bid to bring innovation in performance attributes of the cyclic olefin copolymers to cater growing demand. Strengthening the distribution, for increasing their sales force as well as the global footprint, will also remain of the imperative growth strategies of the companies in the cyclic olefin copolymers market.

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Cyclic Olefin Copolymers Market: Contents of the Report

The report begins with a section of executive summary which lists the imperative aspects governing expansion of the cyclic olefin copolymers market, and offers important market numbers in terms of value (US$ Mn). This report analyzes the most influential dynamics of the cyclic olefin copolymers market, along with relevant data and statistics for historic as well as the forecast period considered while developing the report.

Key trends, drivers, restraints, and opportunities for growth of the cyclic olefin copolymers market, at a global and regional level have been identified and analyzed in detail. The report further offers an overview of the cyclic olefin copolymers market, which involves a brief introduction to the market along with an accurate definition of the target research area ‘cyclic olefin copolymers.’

The study also offers analysis of the cyclic olefin copolymers market on the basis of segmentation, wherein the market is categorized in terms of grade, end-use industry, and region. Important numbers such as market share comparison, Y-o-Y growth, and revenue comparison of all the market segments identified have been given in these sections of the report.

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Cyclic Olefin Copolymers Market: Methodology

A bottom-up & top-down approach has been used to carry out research on cyclic olefin copolymers market. A systematic approach, involving extensive primary interviews with the market leaders and comprehensive secondary research by analysts, backs the intelligence on the cyclic olefin copolymers market rendered in this report.

The secondary sources include company websites, journals, publications, blogs, investor presentations and press releases. Primary interviews have been conducted with leading industry players and opinion leaders in the cyclic olefin copolymers industry. This report is claimed to facilitate clients in making successful business decisions for growth in cyclic olefin copolymers landscape.

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