This report was recently updated on April 13 2024 with the latest and most recent
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Global Liquid Crystal Polymer Market Size, Trends & Analysis - Forecasts To 2026 By Brands (Laperos LCP, Vectra/Zenite LCP, Sumikasuper LCP, Xydar LCP, Siveras LCP Resin, Others), By Application (Consumer Goods, Electrical & Electronics, Automotive, Lighting, Medical, Others), By Region (North America, Europe, Asia Pacific and Rest of the World); Vendor Landscape, End User Landscape and Company Market Share Analysis & Competitor Analysis
Liquid Crystal Polymer Market: Insights
The global liquid crystal polymer market is estimated to witness a significant CAGR during the forecast period (2019-2026). Liquid Crystal Polymers are partially aromatic polyesters based on p-hydroxybenzoic acid and associated monomers. The growth of the market is anticipated to increase due to rising engineering resin substitutes for ultra-thin components, and demand for thinner electronic components during the forecast period. Moreover, growing adoption of high performance materials and lightweight materials in the automotive industry is one of the significant factor driving the liquid crystal polymer market growth. However, warpage and low welding strength, and fluctuation in prices of liquid crystal polymers are likely to hamper the market growth during the forecast period.
Liquid Crystal Polymer Market: By Brands
On the basis of brands, the global liquid crystal polymer market is segmented into laperos LCP, vectra/zenite LCP, sumikasuper LCP, xydar LCP, and siveras LCP resin, among others.
Liquid Crystal Polymer Market: By Application
On the basis of application, the global liquid crystal polymer market is segmented into consumer goods, electrical & electronics, automotive, medical, and lighting, among others. The electrical & electronics segment is expected to grow at the highest CAGR during the forecast period. Increasing demand for lightweight, and compact electrical devices, are some of the factors expected to boost the market for liquid crystal polymer. Moreover, automotive segment is expected to hold the largest market share in terms of revenue during the forecast period. Growing adoption of high-performance materials, and lightweight materials to improve fuel efficiency is one of the significant factor expected to drive the market.
Liquid Crystal Polymer Market: By Region
On the basis of region, the market for liquid crystal polymer is segmented into North America, Europe, Asia Pacific, Middle East & Africa, and Central & South America. Asia-Pacific is expected to witness considerable growth in the liquid crystal polymer market during the forecast period. Rapid growth of domestic electrical and electronics industry in the region is propelling the market. Moreover, North America and Europe are expected to hold a significant market share in liquid crystal polymer market.
Liquid Crystal Polymer Market: End User Landscape
The end-user landscape entails a list of current and prospective consumers prevailing across the regions. This section briefs you about company addresses, contact details, products & services, and regional presence of companies who are purchasing or are likely to purchase liquid crystal polymer. The key end-users of the markets are Dell, LG, BMW, and Lenovo, among others.
Liquid Crystal Polymer Market: Vendor Landscape
The report contains a chapter dedicated to vendors operating in the liquid crystal polymer market, covering raw material manufactures, equipment developers, manufacturers, and distributors. The report provides these insights on a regional level. This section of the report entails contact details, experience, products manufactured/supplied, and geographical presence of companies.
Liquid Crystal Polymer Market: Share & Competitor Analysis
Some of the key players operating in the liquid crystal polymer market are Polyplastics Co., Ltd., Solvay SA, Celanese Corporation, Sumitomo Chemical Company Limited, Toray International, Inc., Shanghai Pret Composites Co., Ltd., Ueno Fine Chemicals Industry Limited, and Polyone Corporation, among others.
Please note: This is not an exhaustive list of companies profiled in the report.
In April 2020, Solvay S.A. signed a supply agreement with Honda for business jets programs.
In February 2020, Celanese Corporation annouced the price increases in Europe of its Amcel and MFI series (POM) grade.
Check the Press Release on Global Liquid Crystal Polymer Market Report
Liquid Crystal Polymer Market: By Brands
Liquid Crystal Polymer Market: By Application
Liquid Crystal Polymer Market: By Region
The desk research involved a robust background study which meant referring to paid and unpaid databases to understand the market dynamics; mapping contracts from press releases; identifying the key players in the market, studying their product portfolio, competition level, annual reports/SEC filings & investor presentations; and learning the demand and supply side analysis for the Liquid Crystal Polymer Market.
The primary research activity included telephonic conversations with more than 50 tier 1 industry consultants, distributors, and end-use product manufacturers.
Finally, based on the above thorough research process, an in-depth analysis was carried out considering the following aspects: market attractiveness, current & future market trends, market share analysis, SWOT analysis of the companies and customer analytics.
This FREE sample includes market data points, ranging from trend analyses to market estimates & forecasts. See for yourself.
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