LCPs (Liquid Crystal Polymers) are partially crystalline aromatic polyesters based on p-hydroxybenzoic acid and related monomers. LCPs form areas of highly ordered structures when in the liquid phase but the degree of order is less than that of a regular solid crystal. LCPs are fire resistant at high temperatures and chemically resistant in very thin walled applications. LCPs are typically used for medical applications, including trays and drug delivery systems, and in diagnostics for the automotive and telecommunication industries.
Currently, LCP is still a high-end engineering plastics, compared to traditional engineering plastics, it has an absolute performance advantage, it is possible for few to manufacture the product, which leads to downstream consumer of bargaining power is not high, but upstream raw materials declining year by year, LCP product prices have reduced, but only slightly.
The main areas of application for LCP are automotive and electronics fields, including aerospace electronic devices, especially the higher margin areas, and therefore, Gradually, some manufacturers enter the field, but the product performance and stability there is a gap, resulting from market share rate is not high. While the development is relatively slow.
On the point of downstream consumer market, China is a big market, while developing very rapidly, especially China's automobile industry and the electronics industry has become the second largest market. it led the development of a large number of downstream manufacturing companies.
According to this study, over the next five years the Liquid Crystal Polymer market will register a 2.1% CAGR in terms of revenue, the global market size will reach US$ 1270 million by 2024, from US$ 1120 million in 2019. In particular, this report presents the global market share (sales and revenue) of key companies in Liquid Crystal Polymer business, shared in Chapter 3.
This report presents a comprehensive overview, market shares, and growth opportunities of Liquid Crystal Polymer market by product type, application, key manufacturers and key regions and countries.
This study considers the Liquid Crystal Polymer value and volume generated from the sales of the following segments:
Segmentation by product type: breakdown data from 2014 to 2019, in Section 2.3; and forecast to 2024 in section 11.7.
Basic Grade
Health Grade
Segmentation by application: breakdown data from 2014 to 2019, in Section 2.4; and forecast to 2024 in section 11.8.
Automotive Field
Electronic Field
Medical Devices
Other
This report also splits the market by region: Breakdown data in Chapter 4, 5, 6, 7 and 8.
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Spain
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The report also presents the market competition landscape and a corresponding detailed analysis of the major vendor/manufacturers in the market. The key manufacturers covered in this report: Breakdown data in in Chapter 3.
Celanese(US)
Sumitomo Chemical(JP)
Polyplastics(JP)
Ueno Fine Chemicals(JP)
Toray(JP)
Solvay Plastic(BE)
AIE(CN)
Shanghai PRET(CN)
In addition, this report discusses the key drivers influencing market growth, opportunities, the challenges and the risks faced by key manufacturers and the market as a whole. It also analyzes key emerging trends and their impact on present and future development.
Research objectives
To study and analyze the global Liquid Crystal Polymer consumption (value & volume) by key regions/countries, product type and application, history data from 2014 to 2018, and forecast to 2024.
To understand the structure of Liquid Crystal Polymer market by identifying its various subsegments.
Focuses on the key global Liquid Crystal Polymer manufacturers, to define, describe and analyze the sales volume, value, market share, market competition landscape, SWOT analysis and development plans in next few years.
To analyze the Liquid Crystal Polymer with respect to individual growth trends, future prospects, and their contribution to the total market.
To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).
To project the consumption of Liquid Crystal Polymer submarkets, with respect to key regions (along with their respective key countries).
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
To strategically profile the key players and comprehensively analyze their growth strategies.
Summary:
Get latest Market Research Reports on Liquid Crystal Polymer . Industry analysis & Market Report on Liquid Crystal Polymer is a syndicated market report, published as Global Liquid Crystal Polymer Market Growth 2019-2024. It is complete Research Study and Industry Analysis of Liquid Crystal Polymer market, to understand, Market Demand, Growth, trends analysis and Factor Influencing market.