Liquid Crystal Polymer Lcp Market

Liquid Crystal Polymer (LCP) Market Forecasts to 2028 – Global Analysis By Type (Lyotropic LC Polymers, Thermotropic LC polymers), Brand (Xydar LCP, Laperos LCP), Application (Coatings, Additives, Displays), and By Geography

4.5 (34 reviews)
Published: October 2021 ID: SMRC21067
4.5 (34 reviews)
Published: October 2021 ID: SMRC21067

This report covers the impact of COVID-19 on this global market

According to Stratistics MRC, the Global Liquid Crystal Polymer (LCP) Market is accounted for $1.20 billion in 2020 and is expected to reach $2.24 billion by 2028 growing at a CAGR of 8.1% during the forecast period. Some of the key factors propelling the market growth include rising engineering resin substitute for ultra-thin components, development of lightweight materials for automobile components, increasing demand for high-quality and durable electrical and electronic products in emerging economies. However, high cost of Lcps is likely to hamper the market.

LCPs are a class of aromatic polymers that are partially crystalline in nature. It show properties that are somewhere between conventional liquids and solid crystals. They are unreactive and inert, resistant to fire, and perform well under harsh environments. LCP’s are also known for their fire resistance and chemical inertness when used in very thin walls. These are applied for automotive ignition system components, heater plug connectors, lamp sockets, transmission system components, pump components and others.

By end user, electrical and electronics segment is anticipated to grow at a significant rate during the forecast period, due to rising automation and consumer inclination towards ultra-compact electronic parts, equipment and devices, increasing engineering resins demand for manufacturing ultra-thin electrical components, and growing acceptance in microinjection molding.

On the basis of geography, the growth in Asia Pacific is driven by the increase in investments in R&D, rising demand for LCPs in various end-user industries, rise in the number of new manufacturing establishments, and the presence of semiconductor manufacturing hubs in countries such as Taiwan, Japan, and China.

Some of the key players in Liquid Crystal Polymer (LCP) Market include Sumitomo Chemical Company Limited, Toray International, Inc., Polyplastics Co., Ltd., Chang Chun Plastics Co. Ltd, Celanese Corporation, Kuraray Co., Polyone Corporation, Shanghai Pret Composites Co., Ltd., The Dow Chemical Company, Solvay S.A., JX Nippon Oil & Energy Corporation (Japan), Shenzhen Wote Advanced Materials Co. Ltd, Ueno Fine Chemicals Industry Limited, Calsak Corporation, RTP Company, Lehmann & Voss & Co., BARLOG plastics GmbH, and Samsung Fine Chemicals.

Types Covered:
• Lyotropic LC Polymers
• Thermotropic LC polymers

Brands Covered:
• Vectra/Zenite LCP
• Xydar LCP
• Laperos LCP
• Siveras LCP Resin
• Sumikasuper LCP

Grade Types Covered:
• Health Grade
• Basic Grade

Forms Covered:
• Liquid Crystal Polymer Fibers
• Liquid Crystal Polymer Films
• LCP Resins & Compounds
• Sheets

Categories Covered:
• Side Chain LC Polymers
• Main Chain LC Polymers

Applications Covered:
• Electrical Motor Components
• Coatings
• Additives
• High Intensity  Light-Emitting Diodes (LED's)
• Composites and Components (LCP-Based Filaments)
• Conducting Foam
• LCP-Based Laminates
• Body Armor
• Thermal Mapping
• High Sensitive Camera
• Displays

End Users Covered:
• Industrial Machinery (Measuring Instruments)
• Medical
• Electrical and Electronics
• Sports & Leisure
• Lighting
• Automotive
• Healthcare
• Non-Commercial Sector
• Consumer Goods
• Aerospace & Defense
• Bakeware
• Other End Users

Regions Covered:
• North America
o US
o Canada
o Mexico
• Europe
o Germany
o France
o Italy
o UK 
o Spain
o Rest of Europe      
• Asia Pacific
o Japan       
o China       
o India       
o Australia       
o New Zealand  
o South Korea        
o Rest of Asia Pacific
• South America
o Argentina
o Brazil
o Chile
o Rest of South America
• Middle East & Africa
o Saudi Arabia
o Qatar
o South Africa
o Rest of Middle East & Africa

What our report offers:
- Market share assessments for the regional and country-level segments
- Strategic recommendations for the new entrants
- Covers Market data for the years 2019, 2020, 2021, 2025 and 2028
- Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
- Strategic analysis: Drivers and Constraints, Product/Technology Analysis, Porter’s five forces analysis, SWOT analysis, etc.
- Strategic recommendations in key business segments based on the market estimations
- Competitive landscaping mapping the key common trends
- Company profiling with detailed strategies, financials, and recent developments
- Supply chain trends mapping the latest technological advancements

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