Liquid Crystal Polymers Market research report by Delvens focuses on primary sections such as – market segments, market outlook, competitive landscape, and company profiles. The segments provide details in terms of various perspectives such as end-use industry, product or service type, and any other relevant segmentation as per the market’s current scenario which includes various aspects to perform further marketing activity, the liquid crystal polymers market is projected to reach a CAGR of 9.2% from USD 1.2 billion in 2021.
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Liquid-crystal polymers (LCPs) are a class of aromatic polymers. They are unreactive and inert, resistant to fire, and perform well under harsh environments. LCPs offer high resistance to heat, electricity, and tolerance to chemical-resistance. These properties allow these components to perform well even in harsh environment making them capable for tolerating extreme heat conditions as well as resistant towards strong chemicals.
Recent Developments
Polyplastics Co. Ltd decided to build a new polymerization facility at Polyplastics Taiwan Co. Ltd with a production capacity of 5,000 tons per year.
Sumitomo Chemical planned to raise the price of its liquid crystal polymer (LCP), as a result of rising raw material and logistics costs.
Regional Analysis
APAC to hold the largest market share in liquid crystal polymers market, in terms of value and volume during the forecast period. The growth of the liquid crystal polymers market in APAC is due to rapid expansion of the electrical & electronics industry.
Key Players: Liquid Crystal Polymers Market
- Polyplastics Co. Ltd
- Celanese Corporation
- Sumitomo Chemical Company
- Shenzhen Wote Advanced Materials Co. Ltd
- Kingfa Sci. & Tech. Co. Ltd.
- Solvay S.A.
- ZEUS Industrial Products, Inc.
- Chang Chun Plastics Co. Ltd
- Lotte Fine Chemicals Co. Ltd
- Mitsui Chemicals and More
Liquid Crystal Polymers Market is segmented into application and region.
On the basis of Application
- Electrical & electronics
- Consumer goods
- Automotive
- Lighting
- Medical
On the basis of Region
- Asia Pacific
- North America
- Europe
- South America
- Middle East & Africa
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