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LCP Connectors Market Share

ID: MRFR//5974-CR | 133 Pages | Author: Ankit Gupta| February 2019

The Liquid Crystal Polymer (LCP) market is experiencing significant growth, driven by key factors such as the increasing trend of miniaturization in electrical components and a surging demand within the automobile industry. This growth is poised to accelerate with further advancements in the telecom, electronics, and medical sectors, presenting numerous opportunities for LCP connector vendors in the coming years. However, the market faces a potential challenge posed by the introduction of Polyphthalamide (PPA) connectors, which boast superior characteristics in end-use applications.

The miniaturization of electrical components is a pivotal factor fueling the demand for LCP connectors. As electronic devices become smaller and more compact, the need for connectors that can efficiently manage electrical connectivity within limited spaces becomes crucial. LCP connectors, with their unreactive and inert properties, emerge as a fitting solution for this trend, ensuring reliable and stable connections despite the reduced size of components.

The automobile industry stands out as a major driver for the LCP market. With the increasing integration of electronic systems in vehicles, reliable connectors are essential for ensuring optimal performance. LCP connectors, known for their durability and resistance to various environmental factors, are well-suited for the demanding conditions within automotive applications. As the automotive industry continues to embrace electronic advancements, the demand for LCP connectors is expected to remain robust.

Furthermore, advancements in the telecom, electronics, and medical industries present lucrative growth opportunities for LCP connector vendors. The telecom sector, with the ongoing deployment of advanced communication networks, relies heavily on high-performance connectors to ensure seamless data transmission. In the electronics industry, where innovation is constant, LCP connectors find applications in a diverse range of devices, contributing to their widespread adoption. Additionally, the medical field, with its increasing reliance on electronic medical devices, provides another avenue for the expansion of the LCP connector market.

Despite the positive trajectory, the market faces challenges from the emergence of Polyphthalamide (PPA) connectors. These connectors offer superior characteristics in various end-use applications, potentially diverting demand away from traditional LCP connectors. Vendors in the LCP market need to navigate this competitive landscape by highlighting the unique features and advantages of LCP connectors to maintain their market share.

The study categorizes LCP connectors into various types, including rectangular connectors, circular connectors, card-edge connectors, backplane connectors, modular connectors, heavy-duty power connectors, flexible flat cable (FFC) and flexible printed circuits (FPC) connectors, D-shaped connectors, coaxial connectors, power connectors, memory connectors, fiber optic connectors, pluggable connectors, USB, DVI, and HDMI connectors, blade-type power connectors, and solid-state lighting connectors. Each of these connector types caters to specific applications, showcasing the versatility of LCP connectors across diverse industries.

Geographically, the study covers North America, Europe, Asia-Pacific, and the rest of the world. Within North America, the United States, Canada, and Mexico are analyzed individually, while Europe is segmented into Germany, France, the United Kingdom, and the rest of Europe. In the Asia-Pacific region, China, India, Japan, and the rest of Asia-Pacific are considered. Among these regions, Asia-Pacific currently holds the largest share in the LCP connector market and is anticipated to maintain its leading position for the next five years. North America is projected to witness the fastest growth from 2018 to 2023, driven by technological advancements and the continuous evolution of electronic systems. Europe also presents significant growth opportunities for LCP connector vendors, following North America's lead.

In conclusion, the Liquid Crystal Polymer connector market is experiencing substantial growth driven by miniaturization trends, increasing demand in the automobile industry, and advancements in key sectors like telecom, electronics, and medical. Despite facing challenges from emerging PPA connectors, the versatility and reliability of LCP connectors position them as integral components in diverse applications across the globe. As technology continues to advance, the LCP connector market is poised for sustained growth, with regions like Asia-Pacific and North America leading the way.

Covered Aspects:

Report Attribute/Metric Details
Base Year For Estimation 2019
Historical Data 2018
Forecast Period 2020-2027
Growth Rate 8.1% (2020-2027

LCP Connectors Market Overview


The global LCP connectors market has been expected to rise at a CAGR of 8.1%, with a value of USD 6,448.4 million over the forecasted 2020-2027.


Liquid crystal polymer is a super engineering plastic with high strength, modulus and impact properties, flame retardance, resistance to a wide range of aggressive chemicals, and very low and tailor-able coefficients of the thermal expansion, excellent dimensional stability, thin-wall flow-ability, and unique processability. With the miniaturization trend of many electronic products, manufacturers are streamlining devices to pack more features into smaller packages. For instance, the pitch between contacts in electrical connectors is narrower than ever before and as small as 0.2 mm, compared to older-style power connectors, with gradients exceeding 12.0 mm.


For the same reasons, LCPs are also injection molded into an integrated circuit socket, high-frequency network switches, power modules for wind and solar inverters and converters, custom high-power electrical connectors, and many other precision devices. Daily use of electric equipment, like cell phones, laptops, or tablet PCs, is increasing rapidly. At present, these devices are becoming more powerful and inexpensive from generation to generation while decreasing in size and weight. The LCP delivers the properties that permit the successful development of the miniaturization of the electrical equipment.


Market Synopsis


This MRFR perspective presents a holistic assessment for global LCP connectors market. The assessment includes a revenue forecast till 2023. Macro and microeconomics factors effecting the market has been discussed in the research document. The scope of the discussion also covers different types of LCP connectors. The document comprises ten chapters that highlight critical viewpoints. Market dynamic and market factor analysis are also available in the document. It also includes a country-level analysis across key regions of the world.


Companies Covered


Sumitomo Chemical Company, Amphenol Corporation, Wurth Group (Wurth Elektronik), 3M Company, Japan Aviation Electronics Industry, Ltd., Hirose Electric Co. Ltd., Celanese Corporation, RTP Company, HARTING Technology Group, TE Connectivity Ltd., OMRON Corporation, Asia International Enterprise (HK) Limited, Cinch Connectivity Solutions, Polyplastics Co. Ltd, Axon' Cable, Solvay SA and Molex Inc.


The report provides insights on the leading market players and evaluates their current market share. Company information with regards to revenue, segmental share, geographical income, SWOT, growth strategies, new product launch, M&A activities, and the latest R&D initiatives is also available in the report.


Research Methodology


MRFR utilizes a robust research methodology. Market sizing and revenue projections are undertaken using a complex but fail-safe research system. This system is a combination of primary and secondary research activities. A range of options is considered for gathering impactful market information and data. Proprietary sources such as white papers, encyclopedia, SEC filings, annual reports, etc. are consulted for identifying mission-critical facts. Further, interactions with subject matter experts through telephonic, email and face-to-face interviews allows confirmation of research findings. For ensuring high credibility of the study, a multi-level verification technique is used. Use of bottom-up and top-down approaches ensure representation of correct market foresights.


Other Description



  • Market Denomination- USD Mn

  • Base Year- 2017

  • Forecast Period- from 2018 to 2023


For the scope of the research, MRFR’s report offers a comprehensive segmental analysis of the global market for LCP connector


By Connector Type Outlook



  • Rectangular Connectors

  • Circular Connectors

  • Card Edge Connectors

  • Backplane Connectors

  • Modular Connectors

  • Heavy Duty Power Connectors

  • FFC, FPC Connectors

  • D-Shaped Connectors

  • Coaxial Connectors

  • Power Connectors

  • Memory Connectors

  • Fiber Optic Connectors

  • Pluggable Connectors

  • USB, DVI, HDMI connectors

  • Blade-Type Power Connectors

  • Solid-State Lighting Connectors


By Region Outlook



  • North America

  • Europe

  • Asia Pacific

  • Rest of the World (RoW)


Recent Development



  • The global LDP connectors market is partially consolidated, with the top five players accounting for over 80% of the worldwide production. The key player in the global LCP market includes Polyplastics Co. Ltd, Celanese Corporation, Sumitomo Chemical Company, Kuraray, UENO FINE CHEMICALS INDUSTRY LTD., and others.


February 2022

  • Amphenol Corporation announced the first quarter dividend on its common stock in the amount of USD 0.20 per share at its meeting. The company will pay this first quarter 2022 dividend in April 2022 to the shareholders of record as of March 2022.


Intended Audience



  • Manufacturers and distributors of liquid crystal polymers.

  • Suppliers and traders of liquid crystal polymers.

  • Government, associations and industrial bodies.

  • Investors and trade experts.

  • Consulting in chemical experts.

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