Global Liquid Crystal Polymer LCP Overview
Liquid-crystal polymers (LCPs) are a group of aromatic polymers. They are inert and unreactive, perform well under harsh environments, and resistant to fire. LCPs provides high resistance to electricity, heat, and tolerance to chemical-resistance. These features permit these components to perform well even if being resistant towards strong chemicals and towards harsh environment making them capable of tolerating extreme heat conditions as well as.
Global Liquid Crystal Polymer LCP Dynamics
Demand for electronic and durable electrical products coupled with its high-quality in emerging economies is driving the growth of the global liquid crystal polymer (LCP) market. LCP is broadly used in the automotive industry owing to its low weight, high strength, and abrasion resistance features. LCPs can replace materials such as metals, ceramics, composites, and other plastics due to resistance to almost all weathering, radiation, chemicals, and fire. Moreover, growth in demand for engineering resins to produce ultra-thin electrical components is projected to remain a key booster for the target market. Furthermore, an increase in demand for lightweight and high-performance materials from the automobile industry to manufacture fuel-efficient vehicles is propelling the growth of the global market. Also, reduce carbon emissions is projected to positively impact on the global market growth. Conversely, relatively high cost of LCPs is a major factor restraining the growth of the target market.
Global Liquid Crystal Polymer LCP Segmentation
The global liquid crystal polymer (LCP) market is segmented based on type, application, and region.
Based on type, the global liquid crystal polymer (LCP) market is segmented into thermotropic and lyotropic. Based on application, the global market is classified into electrical and electronics, industrial machinery, automotive, and other applications (medical and aerospace).
Regional Insights:
On the region, the global liquid crystal polymer (LCP) market is segmented into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. The market in the Asia Pacific is dominating in terms of volume as well as value. China is leading the global market owing to its extensive electronics and electrical industry. Asia Pacific is projected to be the fastest expanding market throughout the forecast period due to the rise in the number of new manufacturing capabilities and an increase in investments in R&D. North America and Europe are estimated to register significant growth over the forecast period. However, implementation of lightweight, high-performance materials in the automotive industry in North America and Europe is projected to boost the liquid crystal polymers market.
Global Liquid Crystal Polymer (LCP) Market, By Type:
- Thermotropic
- Lyotropic
Global Liquid Crystal Polymer (LCP) Market, By Application:
- Electrical and Electronics
- Industrial Machinery
- Automotive
- Other Applications (Medical and Aerospace)
Global Liquid Crystal Polymer (LCP) Market, By Region:
-
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- North America
- North America Liquid Crystal Polymer (LCP) Market, By Type
- North America Liquid Crystal Polymer (LCP) Market, By Application
- North America Liquid Crystal Polymer (LCP) Market, By Country
- U.S.
- Canada
- Europe
- Europe Liquid Crystal Polymer (LCP) Market, By Type
- Europe Liquid Crystal Polymer (LCP) Market, By Application
- Europe Liquid Crystal Polymer (LCP) Market, By Country
- Germany
- UK
- France
- Russia
- Italy
- Rest of Europe
- Asia Pacific
- Asia Pacific Liquid Crystal Polymer (LCP) Market, By Type
- Asia Pacific Liquid Crystal Polymer (LCP) Market, By Application
- Asia Pacific Liquid Crystal Polymer (LCP) Market, By Country
- China
- India
- Japan
- South Korea
- Rest of Asia Pacific
- Latin America
- Latin America Liquid Crystal Polymer (LCP) Market, By Type
- Latin America Liquid Crystal Polymer (LCP) Market, By Application
- Latin America Liquid Crystal Polymer (LCP) Market, By Country
- Brazil
- Mexico
- Rest of Latin America
- Middle East & Africa
- Middle East & Africa Liquid Crystal Polymer (LCP) Market, By Type
- Middle East & Africa Liquid Crystal Polymer (LCP) Market, By Application
- Middle East & Africa Liquid Crystal Polymer (LCP) Market, By Country
- GCC
- Israel
- South Africa
- Rest of Middle East & Africa
- North America
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Global Liquid Crystal Polymer LCP Key Players
The key players operating the global liquid crystal polymer (LCP) market include Celanese Corporation, Polyplastics Co. Ltd., Shenzhen Wote Advanced Materials Co. Ltd., Solvay SA, Sumitomo Chemical Co. Ltd., Toray Industries Inc., Chang Chun Plastics Co. Ltd., Shanghai Pret Composites Co. Ltd., and UENO FINE CHEMICALS INDUSTRY LTD. Prominent players operating in the target market are focusing on strategic partnerships as well as the launching of the products to gain a competitive edge in the target market. For instance, in July 2017, Sumitomo Chemical Co. Ltd directed an early market launch for a new liquid crystal polymer (LCP) apt for high-frequency devices.
Global Liquid Crystal Polymer LCP Company Profile
Celanese Corporation
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Business Strategies
- Polyplastics Co. Ltd.
- Shenzhen Wote Advanced Materials Co. Ltd.
- Solvay SA
- Sumitomo Chemical Co. Ltd.
- Toray Industries Inc.
- Chang Chun Plastics Co. Ltd.
- Shanghai Pret Composites Co. Ltd.
- UENO FINE CHEMICALS INDUSTRY LTD
“*” marked represents similar segmentation in other categories in the respective section
Global Liquid Crystal Polymer LCP Table of Contents
Research Objective and Assumption
- Preface
- Research Objectives
- Study Scope
- Years Considered for the study
- Assumptions
- Abbreviations
Research Methodology
- Research data
- Primary Data
- Primary Interviews
- Primary Breakdown
- Key data from Primary Sources
- Key Thickness Insights
- Secondary Data
- Major Secondary Sources
- Secondary Sources
- Market Estimation
- Top-Down Approach
- Approach for estimating Market Share by Top-Down Analysis (Supply Side)
- Bottom-Up Approach
- Approach for estimating market share by Bottom-up Analysis (Demand Side)
- Market Breakdown and Data Triangulation
- Research Assumptions
Market Preview
- Executive Summary
- Key Findings—Global Outlook for medical carts Strategies
- Key Questions this Study will Answer
- Market Snippet, By Type
- Market Snippet, By Application
- Market Snippet, By Region
- Opportunity Map Analysis
- Executive Summary—3 Big Predictions
Market Dynamics, Regulations, and Trends Analysis
- Market Dynamics
- Drivers
- Restrains
- Market Opportunities
- Market Trends
- DR Impact Analysis
- PEST Analysis
- Porter’s Five Forces Analysis
- Opportunity Orbit
- Market Investment Feasibility Index
- Macroeconomic Factor Analysis
Liquid Crystal Polymer (LCP) Market, By Type, Forecast Period up to 10 Years, (US$ Bn)
- Overview
- Market Value and Forecast (US$ Bn), and Share Analysis (%), Forecast Period up to 10 Years
- Y-o-Y Growth Analysis (%), Forecast Period up to 10 Years
- Segment Trends
- Thermotropic
- Overview
- Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years
- Lyotropic
- Overview
- Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years
Liquid Crystal Polymer (LCP) Market, By Application, Forecast Period up to 10 Years, (US$ Bn)
- Overview
- Market Value and Forecast (US$ Bn), and Share Analysis (%), Forecast Period up to 10 Years
- Y-o-Y Growth Analysis (%), Forecast Period up to 10 Years
- Segment Trends
- Electrical and Electronics
- Overview
- Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years
- Industrial Machinery
- Overview
- Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years
- Automotive
- Overview
- Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years
- Others Applications (Medical and Aerospace)
- Overview
- Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years
Liquid Crystal Polymer (LCP) Market, By Region, Forecast Period up to 10 Years, (US$ Bn)
- Overview
- Market Value and Forecast (US$ Bn), and Share Analysis (%), Forecast Period up to 10 Years
- Y-o-Y Growth Analysis (%), Forecast Period up to 10 Years
- Regional Trends
- North America
- Market Size and Forecast (US$ Bn), By Type, Forecast Period up to 10 Years
- Market Size and Forecast (US$ Bn), By Application, Forecast Period up to 10 Years
- Market Size and Forecast (US$ Bn), By Country, Forecast Period up to 10 Years
- U.S.
- Canada
- Europe
- Market Size and Forecast (US$ Bn), By Type, Forecast Period up to 10 Years
- Market Size and Forecast (US$ Bn), By Application, Forecast Period up to 10 Years
- Market Size and Forecast (US$ Bn), By Country, Forecast Period up to 10 Years
- UK
- France
- Germany
- Russia
- Italy
- Rest of Europe
- Asia Pacific
- Market Size and Forecast (US$ Bn), By Type, Forecast Period up to 10 Years
- Market Size and Forecast (US$ Bn), By Application, Forecast Period up to 10 Years
- Market Size and Forecast (US$ Bn), By Country, Forecast Period up to 10 Years
- India
- Japan
- South Korea
- China
- Rest of Asia Pacific
- Latin America
- Market Size and Forecast (US$ Bn), By Type, Forecast Period up to 10 Years
- Market Size and Forecast (US$ Bn), By Application, Forecast Period up to 10 Years
- Market Size and Forecast (US$ Bn), By Country, Forecast Period up to 10 Years
- Brazil
- Mexico
- Rest of Latin America
- Middle East & Africa
- Market Size and Forecast (US$ Bn), By Type, Forecast Period up to 10 Years
- Market Size and Forecast (US$ Bn), By Application, Forecast Period up to 10 Years
- Market Size and Forecast (US$ Bn), By Country, Forecast Period up to 10 Years
- GCC
- Israel
- South Africa
- Rest of Middle East
Competitive Landscape
- Heat Map Analysis
- Market Presence and Specificity Analysis
Company Profiles
- Celanese Corporation
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Business Strategies
- Polyplastics Co. Ltd
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Business Strategies
- Shenzhen Wote Advanced Materials Co. Ltd.
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Business Strategies
- Solvay SA
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Business Strategies
- Sumitomo Chemical Co. Ltd.
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Business Strategies
- Toray Industries Inc.
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Business Strategies
- Chang Chun Plastics Co. Ltd.
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Business Strategies
- Shanghai Pret Composites Co. Ltd.
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Business Strategies
- UENO FINE CHEMICALS INDUSTRY LTD.
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Business Strategies
The Last Word
- Future Impact
- About Us
- Contact
FAQs
The market report has been segmented based on type, application, and region.
Key drivers include the demand for high-performance materials in electronics, automotive, and aerospace applications, the growth of miniaturization trends, and LCP's unique properties.
Restraints may include high material costs, processing challenges, and competition from alternative materials.
Global regions considered are North America, Europe, Asia-Pacific, Latin America, and the Middle East & Africa. Asia-Pacific is expected to dominate, driven by the presence of major electronics manufacturing hubs in countries like China and Japan, coupled with the increasing demand for high-performance polymers in the region.
The key players operating the global liquid crystal polymer (LCP) market include Celanese Corporation, Polyplastics Co. Ltd., Shenzhen Wote Advanced Materials Co. Ltd., Solvay SA, Sumitomo Chemical Co. Ltd., Toray Industries Inc., Chang Chun Plastics Co. Ltd., Shanghai Pret Composites Co. Ltd., and UENO FINE CHEMICALS INDUSTRY LTD.