The latest Fact.MR study indicates that ~ 46,582 KT of liquid crystal polymer (LCP) were sold in 2018, and it is envisaged that the sales will pick pace by ~5% in 2019. The radical increase in the applications of liquid crystal polymer in electronics & electrical industry, which led to ~70% sales of LCP will continue to pace up lucrative growth avenues for market players through 2029, says the report. Growing penetration of miniaturization trend in electronics & electrical industry has attained all the limelight of stakeholders that are looking forward to expand their product applications.
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As the automotive industry continues to embrace the trend of lightweight vehicles, in line with the growing demand for better performing motors and efficient fuel consumption, LCP is emerging as a viable substitute for heavy metal components. Increasing applications of liquid crystal polymer in auto industry led to ~13% sales of LCP in 2018. In thriving automotive industry, LCP is primarily witnessing traction for use in fuel contact components and battery components. Moreover, favorable properties of LCP, such as high chemical resistance, thermal resistance and good mechanical strength along with benefits of light weight continue to make liquid crystal polymers a material of choice for wide applications.
After reading the Liquid Crystal Polymer market report, readers can:
• Understand the drivers, restraints, opportunities and trends affecting the growth of the global Liquid Crystal Polymer market.
• Analyze key regions holding significant share of the total Liquid Crystal Polymer market revenue.
• Study the growth outlook of the global Liquid Crystal Polymer market scenario, including production, consumption, history and forecast.
• Learn consumption pattern and impact of each end use on the Liquid Crystal Polymer market growth.
• Investigate the recent R&D projects performed by each Liquid Crystal Polymer market player.
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The Liquid Crystal Polymer market report covers the following regions:
North America ,Latin America, Europe, East Asia, South Asia & Oceania , MEA (Middle East & Africa)
On the basis of end-use, the Liquid Crystal Polymer market report includes:
• Electrical & Electronics
• Flexible Circuits
• Printed circuit board
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Prominent Liquid Crystal Polymer market players covered in the report contain:
• Polyplastics Co., Ltd.
• Solvay S.A.
• Toray International
• Ueno Pharmaceutical Co., Ltd.
• Seyang Polymer.
• kingfa Sci & Tech
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The Liquid Crystal Polymer market report answers important questions which include:
• What does the status of the Liquid Crystal Polymer market look like after the forecast period?
• Which region has the highest contribution to the global Liquid Crystal Polymer market and why?
• Which players remain at the top of the global Liquid Crystal Polymer market?
• What opportunities are available for the Liquid Crystal Polymer market players to expand their production footprint?
• Which segment has the maximum impact on the global Liquid Crystal Polymer market?
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