Liquid Crystal Polymers Market Research Report - Forecast to 2030

Liquid Crystal Polymers Market Information- by Type (Thermotropic and Lyotropic) , by Application (Electronic & Electrical, Automotive, Consumer Goods, Surgical Device and Others) and by Region - Forecast to 2030

ID: MRFR/CnM/1482-HCR | February 2023 | Region: Global | 135 Pages         

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Liquid Crystal Polymers Market

Liquid Crystal Polymers Market is projected to be worth USD 2.38 Billion by 2030, registering a CAGR of 8.5% during the forecast period (2022 - 2030).

Segmentation
By Type Thermotropic Lyotropic
By Application Electronic & Electrical Automotive Consumer Goods Surgical Device Others
Key Players
Companies Profiled   Polyplastics Co Ltd.   Sumitomo Chemical Co.Ltd.   Celanese Corporation   Solvay S.A.   Ueno Fine Chemicals Industry Ltd.   Toray International Inc.   SAMSUNG FINE CHEMICALS CO. LTD
Drivers
Market Driving Forces   New product developments strong technological innovations and demand for ultra-thin electrical components are adding market growth.
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Liquid Crystal Polymers Market Overview


By 2022, the market for liquid crystal polymers is expected to reach USD 2.38 billion. The liquid crystal polymer is a class of aromatic polymers that are monomers. There are many features of these crystal polymers that make them unique. There are crystal polymers that are suitable for high temperatures. Due to their diverse properties, the use of these crystal polymers has a wide range of industrial applications. They are a combination of sulfide and crystal polymer. The new properties make them different from other polymers.


The use of this product is prevalent in the electrical and electronics market. Flexible printed systems and antennas are other products that use crystal polymers. There is a rising demand for electronics products in the global market. The devices such as ovens, smartphones, TV and Pcs are rising. Also, there is a wide range of growth opportunities that will sustain market demand.


The need for thinner and miniature electronics products is rising. The next-generation technologies such as 5D 3D printing are other factors that increase growth. Electric miniaturization is a concept that has high demand in countries such as China. All these factors are expected to expand the market in the forecast period. Also, market value is expected to be immense due to these reasons. 


Study Objectives of Global Liquid crystal polymers Market



  • Studying in detail the global liquid crystal polymers market with respect to type, by application and region in forecasted period 2022.

  • Identifying the market dynamics of Liquid crystal polymers considering driving factors of the market, restrains, opportunities and challenges.

  • Analyzing various factors like value chain analysis and Porters Five Forces model.

  • Providing past and estimates revenue of market segment with respect to APAC, North America, Europe and RoW.

  • Providing strategic profiling of key players in the market, comprehensively analyzing their core competencies and drawing a competitive overview of the market.

  • Tracking mergers and acquisitions, strategic alliances, new product development of each applicant of the liquid crystal polymers market.


Key Players


The key players in global liquid crystal polymers market includes Polyplastics Co., Ltd., Sumitomo Chemical Co., Ltd., Celanese Corporation, Solvay S.A., Ueno Fine Chemicals Industry Ltd., Toray International, Inc., SAMSUNG FINE CHEMICALS CO. LTD., Shanghai PRET Composites Co., Ltd, Vectra/Zenite LCP and  Polyone Corporation.Recent Development


September 2021 


Polyplastics co is announcing its new product launch. This company is also building a new polymer facility in Taiwan. Due to this reason, the production of the market is expected to grow higher. the company will manufacture more than 5000 tons of polymer crystals. 


January 2021 


Celanese Corporation is announcing its opening of the new Multiphase LCP plant. This plant will be opened by the company in china. There is a high value of production and supply through this production plant. There is expected to be substantial High-grade LCP. 


  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.


Geographic Analysis


The report covers brief analysis of geographical region includes


North America



  • US

  • Canada


Europe



  • Germany

  • France

  • Italy

  • Netherlands

  • UK.

  • Rest of Europe


APAC



  • China

  • India

  • Japan

  • Rest of Asia-Pacific


RoW



  • South America

  • Middle East

  • Africa



Report Scope:

Report Attribute/Metric Details
  Market Size   USD 2.38 Billion
  CAGR   8.50 %
  Base Year   2021
  Forecast Period   2022 to 2030
  Historical Data   2019 & 2020
  Forecast Units   Value (USD Billion)
  Report Coverage   Revenue Forecast, Competitive Landscape, Growth Factors, and Trends
  Segments Covered   By Type, By Application and By Region
  Geographies Covered   North America, Europe, Asia-Pacific, and Rest of the World (RoW)
  Key Vendors   Polyplastics Co., Ltd., Sumitomo Chemical Co., Ltd., Celanese Corporation, Solvay S.A., Ueno Fine Chemicals Industry Ltd., Toray International, Inc., SAMSUNG FINE CHEMICALS CO. LTD., Shanghai PRET Composites Co., Ltd, Vectra/Zenite LCP and Polyone Corporation
  Key Market Opportunities   Applications such as connectors with high pin density have been driving a notable growth
  Key Market Drivers   New product developments, strong technological innovations, and demand for ultra-thin electrical components are adding market growth.


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Frequently Asked Questions (FAQ) :

The liquid crystal polymers market is predicted to touch USD 2.38 billion by 2022.

The APAC region is expected to lead the liquid crystal polymers market.

It finds extensive applications in surgical devices, consumer goods, automotive, electronic and electrical, and others.

New product developments, strong technological innovations, and demand for ultra-thin electrical components are adding market growth.

Different strategies adopted by industry players to maintain dominance in the liquid crystal polymers market include new product development, strategic alliances, and mergers and acquisitions.