Global Liquid Crystal Polymer (LCP) Market By Type (Thermotropic, Lyotropic), By End-user Industry (Electrical & Electronics, Industrial Machinery, Automotive, Consumer Goods, Others), By Region, By Company, Competition, Forecast & Opportunities, 2027
Published Date: December - 2024 | Publisher: MIR | No of Pages: 320 | Industry: Chemicals | Format: Report available in PDF / Excel Format
View Details Buy Now 2890 Download Sample Ask for Discount Request CustomizationGlobal Liquid Crystal Polymer (LCP) Market By Type (Thermotropic, Lyotropic), By End-user Industry (Electrical & Electronics, Industrial Machinery, Automotive, Consumer Goods, Others), By Region, By Company, Competition, Forecast & Opportunities, 2027
Global Liquid Crystal Polymer (LCP) Market Overview
The global market for liquid crystal polymers (LCP) is anticipated to witness healthy growth, growing at a CAGR of approximately 5% during the forecast period. LCP is a super engineering plastic, with a combination of high modulus, strength and impact properties, resistance to a broad range of aggressive chemicals, low and tailorable coefficients of thermal expansion (CTE), thin-wall flowability, outstanding dimensional stability and unique processability. One of the main factors
Global Liquid Crystal Polymer (LCP) Market Segmentation
The global market for liquid crystal polymer is categorized based on type, end-user industry and regions. Based on typethe market is segmented as thermotropic and lyotropic, while based on end-user industrythe market is segmented as electrical & electronics, industrial machinery, automotive, consumer goods, others. Notably, among the various end-user industries, the electrical & electronics segment is rising owing to the growing demand for miniaturization of electrical and electronic components, wherein the manufacturers are streamlining devices to contain more features into smaller packages. Regular use of electronics, such as cell phones, tablet PCs or laptops is growing rapidly. Simultaneously, these devices are becoming inexpensive and more powerful from generation to generation, while declining in weight and size.
Global Liquid Crystal Polymer (LCP) Regional Segmentation and Trends
Regionally, the liquid crystal polymer market is segmented as North America, South America, Europe, Asia Pacific and Middle-east and Africa. Among these regions, the Europe is anticipated to be the fastest growing region of the liquid crystal polymer market during the forecast period. Further, Asia Pacific (APAC) is the expected to continue its dominance as the largest market for liquid crystal polymer. Globally, China is the largest electronics production base and offers stiff competition to the existing upstream producers, such as Singapore, South Korea and Taiwan. The electronics manufacturing industry is continuously moving to China, due to increasing demand and low cost of electronics products. Furthermore, with the growing disposable income of the middle-class population, the demand for electronics is expected to grow in the future, thus, driving the liquid crystalline polymers market.
In addition, the US aircraft giant Boeing and Chinese aviation manufacturer Commercial Aircraft Corporation of China Ltd (COMAC), are planning to build a Boeing 737 production system, which is expected to start its operation soon. This factor is likely to propel the aerospace manufacturing industry, which, in turn, is anticipated to boost the demand for liquid crystalline polymers, for aerospace and aviation applications.
Competitive Landscape
The global liquid crystalline polymers market is consolidated, with the top five LCP manufacturing companies accounting for more than 85% of the global production. Some of the leading companies in the LCP market are Celanese Corporation, Polyplastics Co., Ltd., Sumitomo Chemical Company Limited, Shenzhen Wote Advanced Materials Co. Ltd., Solvay SA, Toray Industries Inc., Chang Chun Plastics Co. Ltd, Shanghai Pret Composites Co. Ltd., Ueno Fine Chemicals Industry Ltd., among others.
Objective of the Study
- To analyze and forecast the market size of liquid
crystal polymer (LCP) market, in terms of value and volume.
- To forecast global liquid crystal polymer (LCP) market based on type, end-user industry and regional
distribution.
- To identify drivers and challenges for global liquid
crystal polymer (LCP) market.
- To examine competitive developments such as
expansions, new product launches, mergers & acquisitions, etc., in global
liquid crystal polymer (LCP) market.
- To conduct the pricing analysis for liquid
crystal polymer (LCP) market.
- To identify and analyse the profile of leading
players involved in the manufacturing of liquid crystal polymer (LCP).
Click here to download the sample
Market Insights Research performed both primary as well as exhaustive secondary research for this study. Initially, Market Insights Research sourced a list of leading manufacturers across the globe. Subsequently, Market Insights Research conducted primary research surveys with the identified companies. While interviewing, the respondents were also enquired about their competitors. Through this technique, Market Insights Research could include the manufacturers which could not be identified due to the limitations of secondary research. Market Insights Research analyzed the service offerings, distribution channels and presence of all major players operating in global
Market Insights Research calculated the market size of
Key Target Audience
- Liquid Crystal Polymer (LCP)
manufacturers and suppliers
- Government and other
regulatory bodies
- Research institutes and
organizations
- Market research and
consulting firms
The study is useful in providing answers to several critical questions that are important for the industry stakeholders such as manufacturers and partners, end users, etc., besides allowing them in strategizing investments and capitalizing on market opportunities.
|
Attribute |
Details |
|
|
Base Year |
2021 |
|
|
Historical Data |
2017 – 2020 |
|
|
Estimated Year |
2022 |
|
|
Forecast Period |
2023 – 2027 |
|
|
Quantitative Units |
Revenue in USD Million, Volume in
Units and CAGR for 2017-2021 and 2022E-2027F |
|
|
Report coverage |
Revenue forecast, volume forecast, company share,
competitive landscape, growth factors, and trends |
|
|
Segments covered |
|
|
|
Regional scope |
North America; Europe; Asia Pacific; South America;
Middle East & Africa |
|
|
Country scope |
United States, Mexico, Canada, China,
India, Japan, South Korea, Australia; Singapore, Germany, France, United
Kingdom, Spain, Italy, South Africa, UAE, Jordan, Saudi Arabia, Brazil,
Argentina, Colombia |
|
|
Key companies profiled |
Celanese Corporation, Polyplastics Co., Ltd.,
Sumitomo Chemical Company Limited, Shenzhen Wote Advanced Materials Co. Ltd.,
Solvay SA, Toray Industries Inc., Chang Chun Plastics Co. Ltd, Shanghai Pret
Composites Co. Ltd., Ueno Fine Chemicals Industry Ltd. |
|
|
Customization scope |
10% free report customization with
purchase. Addition or alteration to country, regional & segment scope. |
|
|
Pricing and purchase options |
Avail customized purchase options to meet your exact
research needs. Explore purchase options |
|
|
Delivery Format |
PDF and Excel through Email (We can
also provide the editable version of the report in PPT/Word format on special
request) |
FAQ'S
For a single, multi and corporate client license, the report will be available in PDF format. Sample report would be given you in excel format. For more questions please contact:
Within 24 to 48 hrs.
You can contact Sales team (sales@marketinsightsresearch.com) and they will direct you on email
You can order a report by selecting payment methods, which is bank wire or online payment through any Debit/Credit card, Razor pay or PayPal.
Discounts are available.
Hard Copy