Liquid Crystal Polymer (LCP) Market Growth, Trends And Forecast (2022 - 2027) By Types, By Application, By Regions and By Key Players - Shanghai Pret Composites Co. Ltd,, Sumitomo Chemical, Polyplastics,

The global Liquid Crystal Polymer (LCP) Market size is projected to accrue voluminously by 2027 registering a phenomenal CAGR of 8.2% during the review period (2022 to 2027)

Liquid Crystal Polymer (LCP) Market Overview

Liquid crystal polymer (LCP) is a super engineering plastic with a combination of high strength, modulus and effect properties, flame retardance, resistance to a wide range of aggressive chemicals, very low and tailor-able coefficients of thermal expansion (CTE), excellent dimensional stability, thin-wall flow-ability, and unique processability. Daily use of electronic equipment, like cell phones, laptops, or tablet PCs, is increasing at a rapid pace. At the same time, these devices are becoming more powerful and inexpensive from generation to generation while decreasing in size and weight. LCP is delivering the properties that permit the successful development of the miniaturization of electrical equipment. The increasing potential in the fields of medical and home appliances is expected to offer vast opportunities for the growth of the market. Next generation technologies such as 5G and 3D printing are key drivers in rising demand for liquid crystal polymers. The demand for liquid crystal polymers is growing at a very rapid pace with a multitude of applications, ranging from electrical & electronics and automotive to consumer goods, sports, leisure, and medical devices.

Industry News

In September 2021, Polyplastics Co. Ltd announced to build a new polymerization facility at Polyplastics Taiwan Co. Ltd with a production capacity of 5,000 tons per year.

In August 2021, Sumitomo Chemical planned to raise the price of its liquid crystal polymer (LCP) as a result of rising raw material and logistics costs.

What are the major Applications, Types and Regions for Liquid Crystal Polymer (LCP) Market?

By Type, it is segmented into

• Thermotropic


• Lyotropic


• Others

By Applications it is segmented into

• Electrical and Electronics


• Industrial Machinery


• Automotive


• Other Applications (Medical and Aerospace)


• Others

Liquid Crystal Polymer (LCP) Market Regional Analysis

The Asia-Pacific region dominated the global market, It is also probable to witness the fastest growth owing to the growing demand from various end-user industries in the countries such as China, India, Japan, and South Korea. China is the world’s max electronics production base and offers tough competition to the existing upstream producers, such as South Korea, Singapore, and Taiwan.

North America

• 
  
  
  
  • US
  
  
  • Canada
  
  
  
  


• Europe
  
  
  
  • Germany
  
  
  • France
  
  
  • UK
  
  
  • Italy
  
  
  • Spain
  
  
  • Rest of Europe
  
  
  
  


• Asia-Pacific
  
  
  
  • China
  
  
  • Japan
  
  
  • India
  
  
  • Australia
  
  
  • South Korea
  
  
  • Rest of Asia-Pacific
  
  
  
  


• Rest of the World
  
  
  
  • Middle East & Africa
  
  
  • Latin America
  
  
  
  

The Liquid Crystal Polymer (LCP) Market describes the factors driving the global growth opportunities in upcoming years and highlights market channels. In addition, the report analyzes market size and share, trends, by geographic region, end-use type and segment. It focuses extensively on revealing a detailed regional analysis. The Global Liquid Crystal Polymer (LCP) Market report also conducted a PESTEL analysis of the industry to study the main influencing factors and entry barriers of the industry.

What is our Liquid Crystal Polymer (LCP) Market Report Scope?

Key Takeaways from this Liquid Crystal Polymer (LCP) Report

• Evaluate Liquid Crystal Polymer (LCP) market potential through analyzing growth rates (CAGR %), Volume (Units) and Value ($M) data given at country level - for product types, end use applications and by different industry verticals.


• Understand the different dynamics influencing the market - growth driving factors, specific challenges and hidden opportunities.


• Get in-depth insights on your competitor performance – revenue, shares, business strategies, financial benchmarking, product benchmarking, SWOT analysis and more.


• Analyze the sales and distribution channels across geographies to enhance top-line revenues.


• Understand the demanding supply chain with a deep dive on the value augmentation at each, in order to optimize value and bring efficiencies in your processes.


• Get a quick outlook on the Liquid Crystal Polymer (LCP) market entropy - M&A's, deals, partnerships, product launches of all key players for the past 4 years.


• Evaluate the import-export statistics, supply-demand and competitive landscape for more than top 20 countries globally for the market.

FAQ -

What is the study period of this market?

The Liquid Crystal Polymer (LCP) Market is studied from 2017 - 2027.

 What is the growth rate of Liquid Crystal Polymer (LCP) Market?

The Liquid Crystal Polymer (LCP) Market is growing at a CAGR of 8.2% over the next 5 years.

What regions does this Liquid Crystal Polymer (LCP) Market report covers?

North America (the United States, Canada, and Mexico)

Europe (Germany, France, UK, Russia, and Italy)

Asia-Pacific (China, Japan, Korea, India, and Southeast Asia)

South America (Brazil, Argentina, Colombia, etc.)

The Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria, and South Africa)

All our reports are custom made to your company needs to a certain extent, we do provide 5 free consulting hours along with purchase of each report, and this will allow you to request any additional data to customize the report as your needs.