Global LCP Resin Market Growth 2023-2029

Global LCP Resin Market Growth 2023-2029

Liquid Crystal Polymer (LCP) is a new type of polymer material. Liquid crystal polymer is an intermediate phase polymer between crystal and liquid. After being heated and melted or dissolved by a solvent, it will change from rigid fixation to a fluid liquid substance while maintaining the orientation of the crystalline substance. Order, thereby forming a liquid crystal state that has both liquid fluidity and orderly arrangement of crystalline molecules. From the perspective of molecular structure, LCP has a rigid rod-shaped molecular chain structure. The molecular chains can be arranged in a high degree of orientation, the structure is tightly packed, and the force between macromolecules is relatively large. Therefore, compared with other organic polymer materials, LCP exhibits excellent properties such as high temperature resistance, high strength mechanical properties, superior electrical properties and processing properties.
LPI (LP Information)' newest research report, the “LCP Resin Industry Forecast” looks at past sales and reviews total world LCP Resin sales in 2022, providing a comprehensive analysis by region and market sector of projected LCP Resin sales for 2023 through 2029. With LCP Resin sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world LCP Resin industry.
This Insight Report provides a comprehensive analysis of the global LCP Resin landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on LCP Resin portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global LCP Resin market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for LCP Resin and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global LCP Resin.
The global LCP Resin market size is projected to grow from US$ million in 2022 to US$ million in 2029; it is expected to grow at a CAGR of % from 2023 to 2029.
In the Chinese market, major manufacturers of electronic LCP resins include Celanese, DAICEL, Sumitomo-Chem, etc. The top three manufacturers account for more than 60% of the total share.
According to product types, electronic LCP resins can be mainly divided into Type I, Type II, and Type III, among which Type II is dominant, accounting for about 65% of the total market share. From the application point of view, electronic and electrical is the market leader, which occupies more than 80% of the total market share, followed by consumer electronics.
This report presents a comprehensive overview, market shares, and growth opportunities of LCP Resin market by product type, application, key manufacturers and key regions and countries.
Market Segmentation:
Segmentation by type
Type I
Type II
Type III
Segmentation by application
Electronic and Electrical
Consumer Electronics
Vehicle Electronics
Others
This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
Celanese
DAICEL
Sumitomo-Chem
Copolymen
ENEOS
Toray
Kingfa
WOTE
UENO
Changchun Group
Jmdzt
PRET
Solvay

Key Questions Addressed in this Report
What is the 10-year outlook for the global LCP Resin market?
What factors are driving LCP Resin market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do LCP Resin market opportunities vary by end market size?
How does LCP Resin break out type, application?
What are the influences of COVID-19 and Russia-Ukraine war?

Please note: The report will take approximately 2 business days to prepare and deliver.