Global liquid crystal polymer (LCP) market will witness healthy growth, with a CAGR of approximately 5% during forecast. Free Sample Report.
The global liquid crystal polymer (LCP) market is anticipated to witness healthy growth, growing at a CAGR of approximately 5% during the forecast period. LCP is a super engineering plastic, with a combination of high modulus, strength and impact properties, resistance to a broad range of aggressive chemicals, low and tailorable coefficients of thermal expansion (CTE), thin-wall flowability, outstanding dimensional stability, and unique processability. One of the main factors fueling the growth of the LCP market is the strong demand for thinner and smaller electrical components that withstand high wear and temperatures.
The global market for liquid crystal polymer is categorized based on type, end-user industry and regions. Based on type: the market is segmented as thermotropic and lyotropic, while based on end-user industry: the market is segmented as electrical & electronics, industrial machinery, automotive, consumer goods, and others. Notably, among the various end-user industries, the electrical & electronics segment is rising owing to the growing demand for miniaturization of electrical and electronic components, wherein the manufacturers are streamlining devices to contain more features into smaller packages. Regular use of electronics, such as cell phones, tablet PCs or laptops is growing rapidly. Simultaneously, these devices are becoming inexpensive and more powerful from generation to generation, while declining in weight and size.
Regionally, the liquid crystal polymer market is segmented as North America, South America, Europe, Asia Pacific and Middle and Africa. Among these regions, the Europe is anticipated to be the fastest-growing region of the liquid crystal polymer market during the forecast period. Further, Asia Pacific (APAC) is expected to continue its dominance as the largest market for liquid crystal polymers. Globally, China is the largest electronics production base and offers stiff competition to the existing upstream producers, such as Singapore, South Korea and Taiwan. The electronics manufacturing industry is continuously moving to China, due to increasing demand and low cost of electronics products. Furthermore, with the growing disposable income of the middle-class population, the demand for electronics is expected to grow in the future, thus, driving the liquid crystalline polymers market.
In addition, the US aircraft giant Boeing and Chinese aviation manufacturer Commercial Aircraft Corporation of China Ltd (COMAC), are planning to build a Boeing 737 production system, which is expected to start its operation soon. This factor is likely to propel the aerospace manufacturing industry, which, in turn, is anticipated to boost the demand for liquid crystalline polymers, for aerospace and aviation applications.
The global liquid crystalline polymers market is consolidated, with the top five LCP manufacturing companies accounting for more than 85% of the global production. Some of the leading companies in the LCP market are Celanese Corporation, Polyplastics Co., Ltd., Sumitomo Chemical Company Limited, Shenzhen Wote Advanced Materials Co. Ltd., Solvay SA, Toray Industries Inc., Chang Chun Plastics Co. Ltd, Shanghai Pret Composites Co. Ltd., Ueno Fine Chemicals Industry Ltd., among others.
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TechSci Research performed both primary as well as exhaustive secondary research for this study. Initially, TechSci Research sourced a list of leading manufacturers across the globe. Subsequently, TechSci Research conducted primary research surveys with the identified companies. While interviewing, the respondents were also enquired about their competitors. Through this technique, TechSci Research could include the manufacturers which could not be identified due to the limitations of secondary research. TechSci Research analyzed the service offerings, distribution channels and presence of all major players operating in global liquid crystal polymer (LCP) market.
TechSci Research calculated the market size of liquid crystal polymer (LCP) using a top-down approach, where data for various end-user segments was recorded and forecasted for the future years. TechSci Research sourced these values from the industry experts and company representatives and externally validated through analyzing historical data of these product types and applications for getting an appropriate, overall market size. Various secondary sources such as company websites, news articles, press releases, company annual reports, investor presentations and financial reports were also studied by TechSci Research.
Key Target Audience:
The study is useful in providing answers to several critical questions that are important for the industry stakeholders such as manufacturers and partners, end users, etc., besides allowing them in strategizing investments and capitalizing on market opportunities.
| Attribute | Details | |
| Base Year | 2021 | |
| Historical Data | 2017 – 2020 | |
| Estimated Year | 2022 | |
| Forecast Period | 2023 – 2027 | |
| Quantitative Units | Revenue in USD Million, Volume in Units and CAGR for 2017-2021 and 2022E-2027F | |
| Report coverage | Revenue forecast, volume forecast, company share, competitive landscape, growth factors, and trends | |
| Segments covered |
| |
| Regional scope | North America; Europe; Asia Pacific; South America; Middle East & Africa | |
| Country scope | United States, Mexico, Canada, China, India, Japan, South Korea, Australia; Singapore, Germany, France, United Kingdom, Spain, Italy, South Africa, UAE, Jordan, Saudi Arabia, Brazil, Argentina, Colombia | |
| Key companies profiled | Celanese Corporation, Polyplastics Co., Ltd., Sumitomo Chemical Company Limited, Shenzhen Wote Advanced Materials Co. Ltd., Solvay SA, Toray Industries Inc., Chang Chun Plastics Co. Ltd, Shanghai Pret Composites Co. Ltd., Ueno Fine Chemicals Industry Ltd. | |
| Customization scope | 10% free report customization with purchase. Addition or alteration to country, regional & segment scope. | |
| Pricing and purchase options | Avail customized purchase options to meet your exact research needs. Explore purchase options | |
| Delivery Format | PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request) | |
In this report, global liquid crystal polymer (LCP) market has been segmented into following categories, in addition to the industry trends which have also been detailed below:
Competitive Landscape
Company Profiles: Detailed analysis of the major companies present in Liquid Crystal Polymer (LCP) market.
Available Customizations:
With the given market data, TechSci Research offers customizations according the company’s specific needs. The following customization options are available for the report:
Company Information
Profit Margin Analysis
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5.1. Brand Awareness
5.2. Brand Recall
5.3. Brand Satisfaction
5.4. Factors Influencing Purchase Decision
5.5. Challenges/Issues Faced Post Purchase
5.6. Unmet Needs
6.1. Market Size & Forecast
6.1.1. By Value & Volume
6.2. Market Share & Forecast
6.2.1. By Type (Thermotropic, Lyotropic)
6.2.2. By End-user Industry (Electrical & Electronics, Industrial Machinery, Automotive, Consumer Goods, Others)
6.2.3. By Company
6.2.4. By Region
6.3. Market Attractiveness Index
7.1. Market Size & Forecast
7.1.1. By Value & Volume
7.2. Market Share & Forecast
7.2.1. By Type
7.2.2. By End-user Industry
7.2.3. By Country
7.3. Asia-Pacific: Country Analysis
7.3.1. China Liquid Crystal Polymer (LCP) Market Outlook
7.3.1.1. Market Size & Forecast
7.3.1.1.1. By Value & Volume
7.3.1.2. Market Share & Forecast
7.3.1.2.1. By Type
7.3.1.2.2. By End-user Industry
7.3.2. India Liquid Crystal Polymer (LCP) Market Outlook
7.3.2.1. Market Size & Forecast
7.3.2.1.1. By Value & Volume
7.3.2.2. Market Share & Forecast
7.3.2.2.1. By Type
7.3.2.2.2. By End-user Industry
7.3.3. Japan Liquid Crystal Polymer (LCP) Market Outlook
7.3.3.1. Market Size & Forecast
7.3.3.1.1. By Value & Volume
7.3.3.2. Market Share & Forecast
7.3.3.2.1. By Type
7.3.3.2.2. By End-user Industry
7.3.4. South Korea Liquid Crystal Polymer (LCP) Market Outlook
7.3.4.1. Market Size & Forecast
7.3.4.1.1. By Value & Volume
7.3.4.2. Market Share & Forecast
7.3.4.2.1. By Type
7.3.4.2.2. By End-user Industry
7.3.5. Australia Liquid Crystal Polymer (LCP) Market Outlook
7.3.5.1. Market Size & Forecast
7.3.5.1.1. By Value & Volume
7.3.5.2. Market Share & Forecast
7.3.5.2.1. By Type
7.3.5.2.2. By End-user Industry
7.3.6. Singapore Liquid Crystal Polymer (LCP) Market Outlook
7.3.6.1. Market Size & Forecast
7.3.6.1.1. By Value & Volume
7.3.6.2. Market Share & Forecast
7.3.6.2.1. By Type
7.3.6.2.2. By End-user Industry
8.1. Market Size & Forecast
8.1.1. By Value & Volume
8.2. Market Share & Forecast
8.2.1. By Type
8.2.2. By End-user Industry
8.2.3. By Country
8.3. Europe: Country Analysis
8.3.1. France Liquid Crystal Polymer (LCP) Market Outlook
8.3.1.1. Market Size & Forecast
8.3.1.1.1. By Value & Volume
8.3.1.2. Market Share & Forecast
8.3.1.2.1. By Type
8.3.1.2.2. By End-user Industry
8.3.2. Germany Liquid Crystal Polymer (LCP) Market Outlook
8.3.2.1. Market Size & Forecast
8.3.2.1.1. By Value & Volume
8.3.2.2. Market Share & Forecast
8.3.2.2.1. By Type
8.3.2.2.2. By End-user Industry
8.3.3. United Kingdom Liquid Crystal Polymer (LCP) Market Outlook
8.3.3.1. Market Size & Forecast
8.3.3.1.1. By Value & Volume
8.3.3.2. Market Share & Forecast
8.3.3.2.1. By Type
8.3.3.2.2. By End-user Industry
8.3.4. Italy Liquid Crystal Polymer (LCP) Market Outlook
8.3.4.1. Market Size & Forecast
8.3.4.1.1. By Value & Volume
8.3.4.2. Market Share & Forecast
8.3.4.2.1. By Type
8.3.4.2.2. By End-user Industry
8.3.5. Spain Liquid Crystal Polymer (LCP) Market Outlook
8.3.5.1. Market Size & Forecast
8.3.5.1.1. By Value & Volume
8.3.5.2. Market Share & Forecast
8.3.5.2.1. By Type
8.3.5.2.2. By End-user Industry
9.1. Market Size & Forecast
9.1.1. By Value & Volume
9.2. Market Share & Forecast
9.2.1. By Type
9.2.2. By End-user Industry
9.2.3. By Country
9.3. North America: Country Analysis
9.3.1. United States Liquid Crystal Polymer (LCP) Market Outlook
9.3.1.1. Market Size & Forecast
9.3.1.1.1. By Value & Volume
9.3.1.2. Market Share & Forecast
9.3.1.2.1. By Type
9.3.1.2.2. By End-user Industry
9.3.2. Mexico Liquid Crystal Polymer (LCP) Market Outlook
9.3.2.1. Market Size & Forecast
9.3.2.1.1. By Value & Volume
9.3.2.2. Market Share & Forecast
9.3.2.2.1. By Type
9.3.2.2.2. By End-user Industry
9.3.3. Canada Liquid Crystal Polymer (LCP) Market Outlook
9.3.3.1. Market Size & Forecast
9.3.3.1.1. By Value & Volume
9.3.3.2. Market Share & Forecast
9.3.3.2.1. By Type
9.3.3.2.2. By End-user Industry
10.1. Market Size & Forecast
10.1.1. By Value & Volume
10.2. Market Share & Forecast
10.2.1. By Type
10.2.2. By End-user Industry
10.2.3. By End-user Industry
10.2.4. By Country
10.3. South America: Country Analysis
10.3.1. Brazil Liquid Crystal Polymer (LCP) Market Outlook
10.3.1.1. Market Size & Forecast
10.3.1.1.1. By Value & Volume
10.3.1.2. Market Share & Forecast
10.3.1.2.1. By Type
10.3.1.2.2. By End-user Industry
10.3.2. Argentina Liquid Crystal Polymer (LCP) Market Outlook
10.3.2.1. Market Size & Forecast
10.3.2.1.1. By Value & Volume
10.3.2.2. Market Share & Forecast
10.3.2.2.1. By Type
10.3.2.2.2. By End-user Industry
10.3.3. Colombia Liquid Crystal Polymer (LCP) Market Outlook
10.3.3.1. Market Size & Forecast
10.3.3.1.1. By Value & Volume
10.3.3.2. Market Share & Forecast
10.3.3.2.1. By Type
10.3.3.2.2. By End-user Industry
11.1. Market Size & Forecast
11.1.1. By Value & Volume
11.2. Market Share & Forecast
11.2.1. By Type
11.2.2. By End-user Industry
11.2.3. By Country
11.3. MEA: Country Analysis
11.3.1. South Africa Liquid Crystal Polymer (LCP) Market Outlook
11.3.1.1. Market Size & Forecast
11.3.1.1.1. By Value & Volume
11.3.1.2. Market Share & Forecast
11.3.1.2.1. By Type
11.3.1.2.2. By End-user Industry
11.3.2. Saudi Arabia Liquid Crystal Polymer (LCP) Market Outlook
11.3.2.1. Market Size & Forecast
11.3.2.1.1. By Value & Volume
11.3.2.2. Market Share & Forecast
11.3.2.2.1. By Type
11.3.2.2.2. By End-user Industry
11.3.3. Jordon Liquid Crystal Polymer (LCP) Market Outlook
11.3.3.1. Market Size & Forecast
11.3.3.1.1. By Value & Volume
11.3.3.2. Market Share & Forecast
11.3.3.2.1. By Type
11.3.3.2.2. By End-user Industry
11.3.4. UAE Liquid Crystal Polymer (LCP) Market Outlook
11.3.4.1. Market Size & Forecast
11.3.4.1.1. By Value & Volume
11.3.4.2. Market Share & Forecast
11.3.4.2.1. By Type
11.3.4.2.2. By End-user Industry
12.1. Drivers
12.2. Challenges
14.1. Competition Outlook
14.2. Company Profiles (Leading companies)
14.2.1. Basic Details
14.2.2. Financials (As reported)
14.2.3. Supply Chain Analysis
14.2.4. Key Market Focus and Geographical Presence
14.2.5. Planned Investments
14.2.6. Pricing of Target Types
14.2.7. Market positioning
14.3. Global Players Profiled
14.3.1. Celanese Corporation
14.3.2. Polyplastics Co., Ltd
14.3.3. Sumitomo Chemical Company Limited
14.3.4. Shenzhen Wote Advanced Materials Co. Ltd
14.3.5. Solvay SA
14.3.6. Toray Industries Inc.
14.3.7. Chang Chun Plastics Co. Ltd
14.3.8. Shanghai Pret Composites Co. Ltd.
14.3.9. Ueno Fine Chemicals Industry Ltd.
(Note: The companies list can be customized based on the client requirements)
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