全球COC/COP高端新材料市场与技术发展态势

Core Viewpoints - High-end new materials COC/COP are amorphous, high-value-added thermoplastic engineering plastics, with COP having better optical and mechanical properties mainly used in optical fields, while COC has superior thermal properties mainly used in medical consumables and packaging [2][3][4] - Due to the high technical difficulty of COC/COP, there are few production enterprises, and the global market is still seller-dominated; as of January 2025, the total global production capacity is 93,000 tons/year, mainly from Japanese companies [2][5][6] - China's demand for COC/COP is steadily growing, expected to increase from 21,000 tons in 2021 to 29,000 tons in 2025, with over half of the demand coming from the optical field; as of January 2025, China's COC production capacity is 4,000 tons/year, with planned capacity of 58,080 tons/year, and no COP production facilities or investment plans [2][25] Industry Overview - The core technologies of the entire industry chain are mainly concentrated in the production technology of cycloolefin and COC/COP, which are "bottleneck" technologies in the industry [2][12] - Domestic production capacity of cycloolefin is far from the raw material requirements for COC/COP production, severely restricting the development of the COC/COP industry, necessitating breakthroughs in core cycloolefin technologies [2][24][27] Market Dynamics - As of January 2025, the global COC/COP total production capacity is 93,000 tons/year, with COP capacity at 52,600 tons/year (56.6% of total capacity) and COC capacity at 40,400 tons/year (43.4% of total capacity), all produced by Japanese companies [6][8] - The global COC market is projected to reach 1.1848 million tons/year with significant changes in supply dynamics, with China's share in global COC supply expected to increase from 10% to 52% [8][10] - The global COC/COP market size is approximately $5.1 billion in 2023, expected to reach $10.7 billion by 2030, with a compound annual growth rate of 11.2% [10] Domestic Development - China's COC/COP industry urgently needs to break through core technologies; as of January 2025, China's COC production capacity is 4,000 tons/year, with planned capacity of 58,080 tons/year, while there are no COP production facilities or investment plans [25][27] - The optical field is the most important consumption area for COC/COP, with domestic replacement demand continuously increasing; the optical components market in China is expected to grow from 300 billion yuan in 2016 to 1.5 trillion yuan in 2021, with a compound annual growth rate of 37.97% [26][27] - The pharmaceutical packaging industry in China is also growing rapidly, with the market size expected to reach 153.7 billion yuan in 2023, driven by the increasing number of registered COC/COP pharmaceutical packaging companies [26][27]