Cyclic Olefin Polymer Companies

The cyclic olefin polymer market is projected to reach USD 1.54 billion by 2029 from USD 1.12 billion in 2024, at a CAGR of 6.5% during the forecast period. The growth drivers of cyclic olefin polymers are increased demand in optical and electronic applications alongside expanding use in medical & pharmaceutical packaging. COPs offer high transparency, low birefringence, chemical resistance, and superior moisture barriers, making them ideal for smartphone lenses, medical vials, LiDAR systems, and high-barrier packaging. Technological advancements, increased R&D, and capacity expansions by key players are accelerating growth, while regulatory support for safe, high-performance polymers strengthens market potential. Businesses have raised their investments in advanced production technologies to meet their sustainable practice requirements.

Cyclic Olefin Polymer Companies

The cyclic olefin polymers market is dominated by key manufacturers including Mitsui Chemicals, Inc. (Japan), Polyplastics Co., Ltd. (Japan), Sumitomo Bakelite Co., Ltd. (Japan), JSR Corporation (Japan), Borealis AG (Austria), Polysciences, Inc. (US), Biosynth (Switzerland), Tuoxin Technology (Quzhou) Co., Ltd. (China), Zeon Corporation (China), and China Petrochemical Development Corporation (China) among others. These players have followed many product launches, deals, and expansions, from January 2020 to December 2024, to expand the market share and global reach.

Mitsui Chemicals, Inc. is a leading Japanese chemical company. The company operates under 4 business groups: Life & Health Care Solutions, Mobility Solutions, ICT Solutions, Basic & Green Materials. Mitsui Chemicals, Inc. is a leading Japanese chemical company. The company offers cyclic olefin copolymer under the ICT solutions business segment. It offers cyclic olefin copolymer under the brand “APEL”. It has applications in smartphones, head mount display, automotive camera lenses, and medical packages. The company has global presence, operates in Europe, Asia Pacific, North America, South America. It has 7 manufacturing sites in Japan and 8 sites in globally.

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Polyplastics Co., Ltd. is Japan’s pioneering manufacturer specializing in engineering plastics. It is the part of Daicel Corporation. The company’s product line includes acetal copolymer, PBT, polyethylene sulfide (PPS), liquid crystal polymer (LCP), cyclic olefin copolymer (COP), polyethylene terephthalate, long fiber reinforced thermoplastic (LFT) and others. The company offers COP under the brand “Topas”. Polyplastic offers COC through its subsidiary TOPAS Advanced Polymers. TOPAS is a registered trademark of TOPAS Advanced Polymers GmbH in Germany, the US, and various other countries. TOPAS Advanced Polymers operates the world’s largest COC plant in Oberhausen, Germany.  The company sold its COC in Americas, Asia Pacific, , Europe and Middle east & Africa. Polyplastics operates 6 R&D center, 7 manufacturing sites, and 19 sales offices in across, North America, Europe, and Asia Pacific.

Tuoxin Technology (QUZHOU) Co., Ltd. (TOPOLEFIN) is a China based company that is engaged in the manufacturing of high-end polymer material. The company has four main capabilities that includes SOOC (cyclic olefin copolymer), TOPC (optical-grade carbonate copolymer), TOPM (optical-grade acrylic copolymer), and HPMP (methylpentene polymer). The company has production capacity of 10,000 tons for COC and serves various industries such as smartphones, security, optical lenses, high-end films, and consumer products. Additionally, the company is a key member of the Zhejiang Province Intelligent Optoelectronics Industry Chain Upstream and Downstream Enterprise Community, initiated by Secretary Yuan Jiajun. Company’s brand for COC is SOOC and finds application in mobile phone lens, VR googles, Security Camera, Prefilled Syringes, car lens, medical packaging, cuvette, packaging films and many others.

ZEON Corporation is Japan based company that is engaged in the specialty chemicals and materials industry. Company is focusing on high-performance polymers and materials that address evolving industrial and consumer needs. Within Zeon’s diverse portfolio, cyclic olefin copolymers fall under its Specialty Plastics division, a segment dedicated to high value, engineered materials designed for specialized applications. Zeon markets its cyclic olefin copolymer products under the ZEONEX and ZEONOR brands. ZEONEX is primarily tailored for optical and high-precision applications, earning acclaim for its transparency, low birefringence, and high purity. ZEONOR, on the other hand, serves as a versatile, general-purpose COC, often utilized in applications requiring durability and excellent moisture barrier properties.

JSR Corporation is a leading technology company. The company operates through 3 business divisions: Digital Solution Business, Life Sciences Business, Plastics Business. The company offers cyclic olefin polymer through its plastic business segment. It offers cyclic olefin polymer under the brand “Arton”.  The company’s product line includes LCD materials, OLED materials, water-resistant materials, heat resistant materials, lithography materials, device integration materials and others. JSR operates a total of 66 locations worldwide, with 20 sites in Japan and 46 across international markets. JSR holds a total of 4,739 patents, reflecting its strong commitment to innovation and technological advancement.

Related Reports:

Cyclic Olefin Polymer Market by Type (Homopolymers, Copolymers), Process Type (Injection Molding, Extrusion), End-use Industry (Packaging, Automotive, Healthcare & Medical, Food & Beverages, Electrical & Electronics) and Region – Global Forecast to 2029