The global liquid crystal polymer market revenue was around US$ 1.34 billion in 2022 and is estimated to reach US$ 2.67 billion by 2031, growing at a compound annual growth rate (CAGR) of 8% during the forecast period from 2023 to 2031.
Liquid Crystalline Polymer (LCP) is a type of thermoplastic that has properties that fall somewhere between amorphous, disordered liquids and highly ordered solid crystalline materials across a limited temperature range. Excellent electrical performance, oil and gas resistance, high heat tolerance, chemical, and high stiffness are all features of the product. LCP is the perfect material for applications requiring vibration damping, great strength, low CTE, and little moisture absorption.
Market Driving Factors
Regional Analysis
Asia Pacific dominated the market in terms of the highest revenue. This is attributed to its extensive electronic output. In addition, China held a major share in this region. The electronics sector in China is largely driven by the growing customer preference for electronic goods. According to Celanese Corporation, China is a significant worldwide electronics and automobile manufacturer's rapidly expanding production base. Additionally, the supportive government policies and rising expansions by the electronics and automobile manufacturers in China and other Asian nations are elements that are creating opportunities in the market for the key players in this region.
Segmentation Insights
Type Insights
The injection molding segment is estimated to dominate the market. This is due to the expanding use of injection-molded polymers in the electrical industry. Furthermore, chemical resistance, electrical and mechanical qualities, dimensional stability, high fluidity during molding, and chemical resistance are all features that LCPs produced utilizing the injection molding technique offer and enhance. Prominent producers including Polyplastics Co. Ltd., Solvay, and Celanese have adapted injection molding procedures to retain the quality of their products. In addition, a rise in demand for liquid crystalline polymers with these characteristics is expected to fuel the market expansion.
Application Insights
The electrical & electronics segment is anticipated to dominate the market. This is attributed to the LCP has many important uses in this segment, including in connectors, circuit boards, electrical motor components, high-density coil formers, surface-mount electronics components, inverter, and capacitor cases, and thin-wall and small-size parts with intricate structures. The adoption of IoT and 5G networks, among other technological advancements, are key drivers of the electronics industry's increased product consumption. Furthermore, according to the Celanese Corporation LCP is a perfect material that supports device downsizing, improves signal integrity, and increases circuit densification. Hence, these factors contribute to propelling the market growth.
Prominent Companies
Segmentation Outline
The global liquid crystal polymer market segmentation focuses on Type, Application, and Region.
By Type
By Application
By Region
[TABLE OF CONTENTS]
1 INTRODUCTION OF GLOBAL LIQUID CRYSTAL POLYMER MARKET
1.1 OVERVIEW OF THE MARKET
1.2 SCOPE OF REPORT
1.3 ASSUMPTIONS
2 EXECUTIVE SUMMARY: LIQUID CRYSTAL POLYMER MARKET
3 RESEARCH METHODOLOGY
3.1 DATA MINING
3.2 VALIDATION
3.3 PRIMARY INTERVIEWS
3.4 LIST OF DATA SOURCES
3.5 ANALYST TOOLS AND MODELS
4 GLOBAL LIQUID CRYSTAL POLYMER MARKET OUTLOOK
4.1 OVERVIEW
4.2 MARKET DYNAMICS AND TRENDS
4.2.1 DRIVERS
4.2.2 RESTRAINTS
4.2.3 OPPORTUNITIES
4.3 PORTERS FIVE FORCE ANALYSIS
4.4 VALUE CHAIN ANALYSIS
4.5 MARKET GROWTH AND OUTLOOK
4.5.1 PRICE TREND ANALYSIS
4.5.2 OPPORTUNITY SHARE
5 GLOBAL LIQUID CRYSTAL POLYMER MARKET, BY TYPE
5.1 OVERVIEW
5.2 INJECTION MOLDING
5.3 EXTRUSION MOLDING
6 GLOBAL LIQUID CRYSTAL POLYMER MARKET, BY APPLICATION
6.1 OVERVIEW
6.2 ELECTRICAL & ELECTRONICS
6.3 AUTOMOTIVE
6.4 AEROSPACE & DEFENSE
6.5 OTHERS
7 GLOBAL LIQUID CRYSTAL POLYMER MARKET, BY GEOGRAPHY
7.1 OVERVIEW
7.2 NORTH AMERICA
7.2.1 NORTH AMERICA MARKET SNAPSHOT
7.2.2 U.S.
7.2.3 CANADA
7.2.4 MEXICO
7.3 EUROPE
7.3.1 EUROPE MARKET SNAPSHOT
7.3.2 WESTERN EUROPE
7.3.2.1 THE UK
7.3.2.2 GERMANY
7.3.2.3 FRANCE
7.3.2.4 ITALY
7.3.2.5 SPAIN
7.3.2.6 REST OF WESTERN EUROPE
7.3.3 EASTERN EUROPE
7.3.3.1 POLAND
7.3.3.2 RUSSIA
7.3.3.3 REST OF EASTERN EUROPE
7.4 ASIA PACIFIC
7.4.1 ASIA PACIFIC MARKET SNAPSHOT
7.4.2 CHINA
7.4.3 JAPAN
7.4.4 INDIA
7.4.5 AUSTRALIA & NEW ZEALAND
7.4.6 ASEAN
7.4.7 REST OF ASIA PACIFIC
7.5 MIDDLE EAST & AFRICA
7.5.1 MIDDLE EAST & AFRICA MARKET SNAPSHOT
7.5.2 UAE
7.5.3 SAUDI ARABIA
7.5.4 SOUTH AFRICA
7.5.5 REST OF MEA
7.6 SOUTH AMERICA
7.6.1 SOUTH AMERICA MARKET SNAPSHOT
7.6.2 BRAZIL
7.6.3 ARGENTINA
7.6.4 REST OF SOUTH AMERICA
8 GLOBAL LIQUID CRYSTAL POLYMER MARKET COMPETITIVE LANDSCAPE
8.1 OVERVIEW
8.2 COMPANY MARKET RANKING
8.3 KEY DEVELOPMENT STRATEGIES
8.4 COMPETITIVE DASHBOARD
8.5 PRODUCT MAPPING
8.6 TOP PLAYER POSITIONING, 2022
8.7 COMPETITIVE HEATMAP
8.8 TOP WINNING STRATEGIES
9 COMPANY PROFILES
9.1 CELANESE
9.1.1 OVERVIEW
9.1.2 FINANCIAL PERFORMANCE
9.1.3 PRODUCT OUTLOOK
9.1.4 KEY DEVELOPMENTS
9.1.5 KEY STRATEGIC MOVES AND DEVELOPMENTS
9.2 POLYPLASTICS CO. LTD
9.2.1 OVERVIEW
9.2.2 FINANCIAL PERFORMANCE
9.2.3 PRODUCT OUTLOOK
9.2.4 KEY DEVELOPMENTS
9.2.5 KEY STRATEGIC MOVES AND DEVELOPMENTS
9.3 SUMITOMO CHEMICAL COMPANY
9.3.1 OVERVIEW
9.3.2 FINANCIAL PERFORMANCE
9.3.3 PRODUCT OUTLOOK
9.3.4 KEY DEVELOPMENTS
9.3.5 KEY STRATEGIC MOVES AND DEVELOPMENTS
9.4 ENEOS LC CO., LTD
9.4.1 OVERVIEW
9.4.2 FINANCIAL PERFORMANCE
9.4.3 PRODUCT OUTLOOK
9.4.4 KEY DEVELOPMENTS
9.4.5 KEY STRATEGIC MOVES AND DEVELOPMENTS
9.5 SOLVAY
9.5.1 OVERVIEW
9.5.2 FINANCIAL PERFORMANCE
9.5.3 PRODUCT OUTLOOK
9.5.4 KEY DEVELOPMENTS
9.5.5 KEY STRATEGIC MOVES AND DEVELOPMENTS
9.6 SHENZHEN WOTE ADVANCED MATERIALS CO LTD
9.6.1 OVERVIEW
9.6.2 FINANCIAL PERFORMANCE
9.6.3 PRODUCT OUTLOOK
9.6.4 KEY DEVELOPMENTS
9.6.5 KEY STRATEGIC MOVES AND DEVELOPMENTS
9.7 KINGFA SCI. & TEC. CO. LTD
9.7.1 OVERVIEW
9.7.2 FINANCIAL PERFORMANCE
9.7.3 PRODUCT OUTLOOK
9.7.4 KEY DEVELOPMENTS
9.7.5 KEY STRATEGIC MOVES AND DEVELOPMENTS
9.8 UENO FINE CHEMICALS INDUSTRY
9.8.1 OVERVIEW
9.8.2 FINANCIAL PERFORMANCE
9.8.3 PRODUCT OUTLOOK
9.8.4 KEY DEVELOPMENTS
9.8.5 KEY STRATEGIC MOVES AND DEVELOPMENTS
9.9 SHANGHAI PRET COMPOSITES CO., LTD.
9.9.1 OVERVIEW
9.9.2 FINANCIAL PERFORMANCE
9.9.3 PRODUCT OUTLOOK
9.9.4 KEY DEVELOPMENTS
9.9.5 KEY STRATEGIC MOVES AND DEVELOPMENTS
9.10 TORAY
9.10.1 OVERVIEW
9.10.2 FINANCIAL PERFORMANCE
9.10.3 PRODUCT OUTLOOK
9.10.4 KEY DEVELOPMENTS
9.10.5 KEY STRATEGIC MOVES AND DEVELOPMENTS
01
お客様のニーズに合わせてレポートをカスタマイズ可能
02
ベテランの市場調査員による専門的な分析
03
安全で簡単に利用できるオンライン決済方法
04
お客様のご要望に応じて、特定の章を購入することができます。
05
すべてのレポートに専門的な日本語翻訳を提供
06
包括的でわかりやすいレポートを迅速にお届けします。
07
購入後も継続的なサポートとアップデートが受けられます。
We Accept
Copyright ©2022 All rights reserved