Liquid Crystal Polymer (Lcp) Market - Growth, Trends, Covid-19 Impact, and Forecasts (2023 - 2028)
The liquid crystal polymer (LCP) market stood at around 7,750 tons in 2021, and it is expected to witness a CAGR of over 5.7% during the forecast period (2022-2027).
COVID-19 negatively affected the demand for LCP in 2020 due to the lockdown in various countries and the shutdown of manufacturing plants. However, the market has now been estimated to have reached pre-pandemic levels.
Key HighlightsThe global liquid crystalline polymers market is partially consolidated, with the top five companies accounting for over 80% of the global production. Key players in the global LCP market (in no particular order) include Polyplastics Co. Ltd, Celanese Corporation, Sumitomo Chemical Company, Kuraray, and UENO FINE CHEMICALS INDUSTRY LTD.
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