Liquid Crystal Polymers Market Report, by Category (Main Chain LC Polymers and Side Chain LC Polymers), by Product Type (Lyotropic LC Polymers and Thermotropic LC Polymers), by Application (Automotive, Electrical & Electronics, Industrial, Consumer Appliances, Medical, and Others), and by Region (North America, Latin America, Asia Pacific, Europe, Middle East, and Africa) - Size, Share, Outlook, and Opportunity Analysis, 2022 - 2028
Liquid crystal polymers (LCP) exhibit a highly ordered structure in both liquid and solid states. LCP can replace materials such as ceramics, metals, composites, and other plastics, owing to properties such as outstanding strength at extreme temperatures and resistance to virtually all chemicals. Processing of LCPs include various operations such as fiber spinning, extrusion, film casting, thermoforming, injection, compression, and blow molding. Injection molding and extrusion are two dominant processing operations. Global demand for liquid crystal polymer is expected to increase over the forecast period, owing to their application in various industries such as automotive, electrical & electronics, industrial, consumer appliances, medical, aerospace, and bakeware.
Market Dynamics
Among applications, electrical & electronics industry segment is expected to witness significant growth over the forecast period. For instance, according to LARK Technology (U.S.), LCP technology is the future of circuit design and manufacturing of high-performance electronic products. Furthermore, in recent years, LCP finds applications in electronics market such as fifth generation cellular network technology (5G), Radio frequency (RF), and high frequency.
Among regions, Asia Pacific is expected to hold dominant position in the market during the forecast period, owing to presence of majority of liquid crystal polymer manufacturers in the region. The major manufacturers of LCP in Asia Pacific region include Sumitomo Chemicals, Toray International Inc., Polyplastics Co. Ltd., Ueno Fine Chemicals Industry, Ltd., and Shanghai PRET Composites Co. Ltd. Moreover, rapid growth of electronics industry in the Asia Pacific region is expected to drive growth of the global liquid crystal polymer market over the forecast period. For instance, according to the India Brand Equity Foundation, Indian appliance & consumer electronics market was valued at US$ 31.48 billion in 2017, and is expected to increase at a CAGR of 9% to reach US$ 48.37 billion by 2022.
Key features of the study:
This report provides in-depth analysis of liquid crystal polymer market and provides market size (KT and US$ Million) and cumulative annual growth rate (CAGR %) for the forecast period (2022-2028), considering 2021 as the base year
It elucidates potential revenue opportunity across different segments and explains attractive investment proposition matrix for this market
This study also provides key insights about market drivers, restraints, opportunities, new product launches or product approvals, regional outlook, and competitive strategies adopted by the key players
It profiles key players in the global liquid crystal polymer market based on the following parameters – company overview, financial performance, product portfolio, geographical presence, distribution strategies, key developments and strategies, and future plans
Key companies covered as a part of this study include, Celanese Corporation, Polyplastics Co Ltd., Sumitomo Chemical Co., Ltd., Toray Industries Inc., Solvay S.A., Ueno Fine Chemicals Industry, Ltd., and Shanghai PRET Composites Co., Ltd.
Insights from this report would allow marketers and the management authorities of the companies to make informed decision regarding their future products launches, technology upgradation, market expansion, and marketing tactics
The global liquid crystal polymer market report caters to various stakeholders in this industry including investors, suppliers, liquid crystal polymer manufacturers, distributors, new entrants, and financial analysts
Stakeholders would have ease in decision-making through the various strategy matrices used in analyzing the liquid crystal polymer market
Detailed Segmentation:
Global Liquid Crystal Polymer Market, By Category:
Main Chain LC Polymers
Side Chain LC Polymers
Global Liquid Crystal Polymer Market, Product Type:
Lyotropic LC Polymers
Thermotropic LC polymers
Global Liquid Crystal Polymer Market, By Application
Automotive
Electrical & Electronics
Industrial
Consumer Appliances
Medical
Others
Global Liquid Crystal Polymer Market, By Region:
North America
U.S.
By Category:
Main Chain LC Polymers
Side Chain LC Polymers
By Product Type:
Lyotropic LC Polymers
Thermotropic LC polymers
By Application
Automotive
Electrical & Electronics
Industrial
Consumer Appliances
Medical
Others
Canada
By Category:
Main Chain LC Polymers
Side Chain LC Polymers
By Product Type:
Lyotropic LC Polymers
Thermotropic LC polymers
By Application
Automotive
Electrical & Electronics
Industrial
Consumer Appliances
Medical
Others
Europe
U.K.
By Category:
Main Chain LC Polymers
Side Chain LC Polymers
By Product Type:
Lyotropic LC Polymers
Thermotropic LC polymers
By Application
Automotive
Electrical & Electronics
Industrial
Consumer Appliances
Medical
Others
Germany
By Category:
Main Chain LC Polymers
Side Chain LC Polymers
By Product Type:
Lyotropic LC Polymers
Thermotropic LC polymers
By Application
Automotive
Electrical & Electronics
Industrial
Consumer Appliances
Medical
Others
Italy
By Category:
Main Chain LC Polymers
Side Chain LC Polymers
By Product Type:
Lyotropic LC Polymers
Thermotropic LC polymers
By Application
Automotive
Electrical & Electronics
Industrial
Consumer Appliances
Medical
Others
France
By Category:
Main Chain LC Polymers
Side Chain LC Polymers
By Product Type:
Lyotropic LC Polymers
Thermotropic LC polymers
By Application
Automotive
Electrical & Electronics
Industrial
Consumer Appliances
Medical
Others
Russia
By Category:
Main Chain LC Polymers
Side Chain LC Polymers
By Product Type:
Lyotropic LC Polymers
Thermotropic LC polymers
By Application
Automotive
Electrical & Electronics
Industrial
Consumer Appliances
Medical
Others
Rest of Europe
By Category:
Main Chain LC Polymers
Side Chain LC Polymers
By Product Type:
Lyotropic LC Polymers
Thermotropic LC polymers
By Application
Automotive
Electrical & Electronics
Industrial
Consumer Appliances
Medical
Others
Asia Pacific
China
By Category:
Main Chain LC Polymers
Side Chain LC Polymers
By Product Type:
Lyotropic LC Polymers
Thermotropic LC polymers
By Application
Automotive
Electrical & Electronics
Industrial
Consumer Appliances
Medical
Others
India
By Category:
Main Chain LC Polymers
Side Chain LC Polymers
By Product Type:
Lyotropic LC Polymers
Thermotropic LC polymers
By Application
Automotive
Electrical & Electronics
Industrial
Consumer Appliances
Medical
Others
Japan
By Category:
Main Chain LC Polymers
Side Chain LC Polymers
By Product Type:
Lyotropic LC Polymers
Thermotropic LC polymers
By Application
Automotive
Electrical & Electronics
Industrial
Consumer Appliances
Medical
Others
ASEAN
By Category:
Main Chain LC Polymers
Side Chain LC Polymers
By Product Type:
Lyotropic LC Polymers
Thermotropic LC polymers
By Application
Automotive
Electrical & Electronics
Industrial
Consumer Appliances
Medical
Others
Australia
By Category:
Main Chain LC Polymers
Side Chain LC Polymers
By Product Type:
Lyotropic LC Polymers
Thermotropic LC polymers
By Application
Automotive
Electrical & Electronics
Industrial
Consumer Appliances
Medical
Others
South Korea
By Category:
Main Chain LC Polymers
Side Chain LC Polymers
By Product Type:
Lyotropic LC Polymers
Thermotropic LC polymers
By Application
Automotive
Electrical & Electronics
Industrial
Consumer Appliances
Medical
Others
Rest of Asia Pacific
By Category:
Main Chain LC Polymers
Side Chain LC Polymers
By Product Type:
Lyotropic LC Polymers
Thermotropic LC polymers
By Application
Automotive
Electrical & Electronics
Industrial
Consumer Appliances
Medical
Others
Latin America
Brazil
By Category:
Main Chain LC Polymers
Side Chain LC Polymers
By Product Type:
Lyotropic LC Polymers
Thermotropic LC polymers
By Application
Automotive
Electrical & Electronics
Industrial
Consumer Appliances
Medical
Others
Mexico
By Category:
Main Chain LC Polymers
Side Chain LC Polymers
By Product Type:
Lyotropic LC Polymers
Thermotropic LC polymers
By Application
Automotive
Electrical & Electronics
Industrial
Consumer Appliances
Medical
Others
Rest of Latin America
By Category:
Main Chain LC Polymers
Side Chain LC Polymers
By Product Type:
Lyotropic LC Polymers
Thermotropic LC polymers
By Application
Automotive
Electrical & Electronics
Industrial
Consumer Appliances
Medical
Others
Middle East
GCC
By Category:
Main Chain LC Polymers
Side Chain LC Polymers
By Product Type:
Lyotropic LC Polymers
Thermotropic LC polymers
By Application
Automotive
Electrical & Electronics
Industrial
Consumer Appliances
Medical
Others
Israel
By Category:
Main Chain LC Polymers
Side Chain LC Polymers
By Product Type:
Lyotropic LC Polymers
Thermotropic LC polymers
By Application
Automotive
Electrical & Electronics
Industrial
Consumer Appliances
Medical
Others
Rest of Middle East
By Category:
Main Chain LC Polymers
Side Chain LC Polymers
By Product Type:
Lyotropic LC Polymers
Thermotropic LC polymers
By Application
Automotive
Electrical & Electronics
Industrial
Consumer Appliances
Medical
Others
Africa
North Africa
By Category:
Main Chain LC Polymers
Side Chain LC Polymers
By Product Type:
Lyotropic LC Polymers
Thermotropic LC polymers
By Application
Automotive
Electrical & Electronics
Industrial
Consumer Appliances
Medical
Others
Central Africa
By Category:
Main Chain LC Polymers
Side Chain LC Polymers
By Product Type:
Lyotropic LC Polymers
Thermotropic LC polymers
By Application
Automotive
Electrical & Electronics
Industrial
Consumer Appliances
Medical
Others
South Africa
By Category:
Main Chain LC Polymers
Side Chain LC Polymers
By Product Type:
Lyotropic LC Polymers
Thermotropic LC polymers
By Application
Automotive
Electrical & Electronics
Industrial
Consumer Appliances
Medical
Others
Company Profiles
Solvay S.A. *
Company Overview
Product Portfolio
Financial Performance
Key Strategies
Recent Developments
Future Plans
Celanese Corporation
Sumitomo Chemical Co., Ltd.
Toray Industries Inc.
PolyOne Corporation
Polyplastics Co. Ltd.
Ueno Fine Chemicals Industry, Ltd.
Shanghai PRET Composites Co. Ltd.
“*” marked represents similar segmentation in other categories in the respective section.
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