Global Liquid-Crystal Polymer Market Outlook to 2027
Liquid-crystal polymers (LCPs) are aromatic polymers, which are resistant to fire, unreactive, and inert. LCPs offer high resistance to electricity, heat, and tolerance to acidic environments. These properties allow these LCPs to perform well in harsh environments, making them capable of tolerating extreme heat conditions and resistant to strong chemicals.
According to BlueQuark Research & Consulting, the Global Liquid Crystal Polymer market is expected to witness a considerable growth rate during the forecast period. The major factors responsible for the Global Liquid Crystal Polymer market's growth are increasing demand from the end-user industries such as electrical & electronics, aerospace, automotive, lighting, and medical. Increasing demand for engineering resins to manufacture ultra-thin electrical components is expected to drive the liquid-crystal polymers market. However, the relatively high cost of LCPs is a major constraint of the market.
Asia-Pacific region is projected to be the largest market for Global Liquid Crystal Polymer. The electronics manufacturing industry is continually expanding in the region due to the low cost and increasing demand for electronics products. With the increase in the middle-class population's disposable incomes, electronic products' demand is projected to grow in the near future, thereby driving the Asia- Pacific Liquid Crystal Polymer market.
In terms of segmentation by type, the Global Liquid Crystal Polymer market is dominated by Thermotropic liquid crystal polymer. They are widely used as blend additives and find applications as display materials, information storage materials, and optical couplers. They are also highly compatible with the semiconductors' production process, resulting in their dominant market share.
In terms of segmentation by End-User Industries, Electrical & electronics emerged as the leading application segment with the largest market share in the Liquid Crystal Polymer market. Liquid Crystal Polymer's exceptional combination of properties such as high flow, high-temperature resistance, and high stiffness makes them particularly well suited to the growing trend of miniaturization in the electrical & electronics industry.
The Global Liquid Crystal Polymer market is highly fragmented. Major companies in the market were found to be Solvay SA, Toray International, Celanese Corporation, Mitsubishi Chemicals, Sumitomo Chemical, and Polyplastics Co. Ltd., among others.
Global Liquid Crystal PolymerMarketreport provides deep insight into the Liquid Crystal Polymer market's current and future state across various regions. The study comprehensively analyzes the Liquid Crystal Polymer market by segmenting based on Type (Thermotropic and Lyotropic), End-User Industry (Electrical & Electronics, Aerospace, Healthcare, Automotive, Industrial machinery, and Others), and Geography (North America, Asia-Pacific, South America, Europe, and Middle-East and Africa). The report examines the market drivers and restraints and the impact of Covid-19 on the market growth in detail. The study covers & includes emerging market trends, developments, opportunities, and challenges in the industry. This report also covers extensively researched competitive landscape sections with major companies' profiles, including their market shares and projects.
According to BlueQuark Research & Consulting, the Global Liquid Crystal Polymer market is expected to witness a considerable growth rate during the forecast period. The major factors responsible for the Global Liquid Crystal Polymer market's growth are increasing demand from the end-user industries such as electrical & electronics, aerospace, automotive, lighting, and medical. Increasing demand for engineering resins to manufacture ultra-thin electrical components is expected to drive the liquid-crystal polymers market. However, the relatively high cost of LCPs is a major constraint of the market.
Asia-Pacific region is projected to be the largest market for Global Liquid Crystal Polymer. The electronics manufacturing industry is continually expanding in the region due to the low cost and increasing demand for electronics products. With the increase in the middle-class population's disposable incomes, electronic products' demand is projected to grow in the near future, thereby driving the Asia- Pacific Liquid Crystal Polymer market.
In terms of segmentation by type, the Global Liquid Crystal Polymer market is dominated by Thermotropic liquid crystal polymer. They are widely used as blend additives and find applications as display materials, information storage materials, and optical couplers. They are also highly compatible with the semiconductors' production process, resulting in their dominant market share.
In terms of segmentation by End-User Industries, Electrical & electronics emerged as the leading application segment with the largest market share in the Liquid Crystal Polymer market. Liquid Crystal Polymer's exceptional combination of properties such as high flow, high-temperature resistance, and high stiffness makes them particularly well suited to the growing trend of miniaturization in the electrical & electronics industry.
The Global Liquid Crystal Polymer market is highly fragmented. Major companies in the market were found to be Solvay SA, Toray International, Celanese Corporation, Mitsubishi Chemicals, Sumitomo Chemical, and Polyplastics Co. Ltd., among others.
Global Liquid Crystal PolymerMarketreport provides deep insight into the Liquid Crystal Polymer market's current and future state across various regions. The study comprehensively analyzes the Liquid Crystal Polymer market by segmenting based on Type (Thermotropic and Lyotropic), End-User Industry (Electrical & Electronics, Aerospace, Healthcare, Automotive, Industrial machinery, and Others), and Geography (North America, Asia-Pacific, South America, Europe, and Middle-East and Africa). The report examines the market drivers and restraints and the impact of Covid-19 on the market growth in detail. The study covers & includes emerging market trends, developments, opportunities, and challenges in the industry. This report also covers extensively researched competitive landscape sections with major companies' profiles, including their market shares and projects.
1. Executive Summary
2. Research Scope and Methodology
2.1 Aim & Objective of the study
2.2 Market Definition
2.3 Study Information
2.4 General Study Assumptions
2.5 Research Phases
3. Market Analysis
3.1 Introduction
3.2 Market Dynamics
3.2.1 Drivers
3.2.2 Restraints
3.3 Market Trends & Developments
3.4 Market Opportunities
3.5 Feedstock Analysis
3.6 Regulatory Policies
3.7 Analysis of Covid-19 Impact
4. Industry Analysis
4.1 Supply Chain Analysis
4.2 Porter's Five Forces Analysis
4.2.1 Competition in the Industry
4.2.2 Potential of New Entrants into the Industry
4.2.3 Bargaining Power of Suppliers
4.2.4 Bargaining Power of Consumers
4.2.5 Threat of substitute products
5. Market Segmentation & Forecast
5.1 By Type
5.1.1 Thermotropic
5.1.2 Lyotropic
5.2 By End-User Industry
5.2.1 Electrical & Electronics
5.2.2 Aerospace
5.2.3 Healthcare
5.2.4 Automotive
5.2.5 Industrial machinery
5.2.6 Other Industries
6. Regional Market Analysis
6.1 North America
6.1.1 United States
6.1.2 Canada
6.1.3 Mexico
6.2 Europe
6.2.1 Germany
6.2.2 United Kingdom
6.2.3 Italy
6.2.4 France
6.2.5 Rest of Europe
6.3 Asia-Pacific
6.3.1 China
6.3.2 India
6.3.3 Japan
6.3.4 South Korea
6.3.5 Rest of Asia-Pacific
6.4 South America
6.4.1 Brazil
6.4.2 Argentina
6.4.3 Rest of South America
6.5 Middle East & Africa
6.5.1 South Africa
6.5.2 Saudi Arabia
6.5.3 Rest of Middle East & Africa
7. Key Company Profiles
7.1 Solvay SA
7.2 Celanese Corporation
7.3 Toray International
7.4 Sumitomo Chemical
7.5 Polyone Corporation
7.6 Kuraray Co. Ltd.
7.7 Ueno Fine Chemicals Industry Ltd.
7.8 Shanghai PRET Composites Co. Ltd.
7.9 Polyplastics Co. Ltd.
7.10 Kuraray America Inc.
7.11 RTP Co.
7.12 Zeus Industrial Products
7.13 TCI Chemicals Co.
7.14 Samsung Fine Chemicals
7.15 BASF SE
7.16 Tianjin Bohai Chemicals.
7.17 Sasol
7.18 Mitsui Chemicals
7.19 Formosa Plastics
7.20 LG Chemical
8. Competitive Landscape
8.1 List of Notable Players in the Market
8.2 M&A, JV, and Agreements
8.3 Market Share Analysis
8.4 Strategies of Key Players
9. Conclusions and Recommendations
2. Research Scope and Methodology
2.1 Aim & Objective of the study
2.2 Market Definition
2.3 Study Information
2.4 General Study Assumptions
2.5 Research Phases
3. Market Analysis
3.1 Introduction
3.2 Market Dynamics
3.2.1 Drivers
3.2.2 Restraints
3.3 Market Trends & Developments
3.4 Market Opportunities
3.5 Feedstock Analysis
3.6 Regulatory Policies
3.7 Analysis of Covid-19 Impact
4. Industry Analysis
4.1 Supply Chain Analysis
4.2 Porter's Five Forces Analysis
4.2.1 Competition in the Industry
4.2.2 Potential of New Entrants into the Industry
4.2.3 Bargaining Power of Suppliers
4.2.4 Bargaining Power of Consumers
4.2.5 Threat of substitute products
5. Market Segmentation & Forecast
5.1 By Type
5.1.1 Thermotropic
5.1.2 Lyotropic
5.2 By End-User Industry
5.2.1 Electrical & Electronics
5.2.2 Aerospace
5.2.3 Healthcare
5.2.4 Automotive
5.2.5 Industrial machinery
5.2.6 Other Industries
6. Regional Market Analysis
6.1 North America
6.1.1 United States
6.1.2 Canada
6.1.3 Mexico
6.2 Europe
6.2.1 Germany
6.2.2 United Kingdom
6.2.3 Italy
6.2.4 France
6.2.5 Rest of Europe
6.3 Asia-Pacific
6.3.1 China
6.3.2 India
6.3.3 Japan
6.3.4 South Korea
6.3.5 Rest of Asia-Pacific
6.4 South America
6.4.1 Brazil
6.4.2 Argentina
6.4.3 Rest of South America
6.5 Middle East & Africa
6.5.1 South Africa
6.5.2 Saudi Arabia
6.5.3 Rest of Middle East & Africa
7. Key Company Profiles
7.1 Solvay SA
7.2 Celanese Corporation
7.3 Toray International
7.4 Sumitomo Chemical
7.5 Polyone Corporation
7.6 Kuraray Co. Ltd.
7.7 Ueno Fine Chemicals Industry Ltd.
7.8 Shanghai PRET Composites Co. Ltd.
7.9 Polyplastics Co. Ltd.
7.10 Kuraray America Inc.
7.11 RTP Co.
7.12 Zeus Industrial Products
7.13 TCI Chemicals Co.
7.14 Samsung Fine Chemicals
7.15 BASF SE
7.16 Tianjin Bohai Chemicals.
7.17 Sasol
7.18 Mitsui Chemicals
7.19 Formosa Plastics
7.20 LG Chemical
*List of companies is not exhaustive
8. Competitive Landscape
8.1 List of Notable Players in the Market
8.2 M&A, JV, and Agreements
8.3 Market Share Analysis
8.4 Strategies of Key Players
9. Conclusions and Recommendations
LIST OF TABLES
Global Liquid Crystal Polymer Market, in USD Million, 2016-2025
Global Liquid Crystal Polymer Market, Opportunities, 2016-2025
Thermotropic – Liquid Crystal Polymer Market, in USD Million, 2016-2025
Lyotropic – Liquid Crystal Polymer Market, in USD Million, 2016-2025
Electrical & Electronics – Liquid Crystal Polymer Market, in USD Million, 2016-2025
Aerospace – Liquid Crystal Polymer Market, in USD Million, 2016-2025
Healthcare – Liquid Crystal Polymer Market, in USD Million, 2016-2025
Automotive – Liquid Crystal Polymer Market, in USD Million, 2016-2025
Industrial machinery – Liquid Crystal Polymer Market, in USD Million, 2016-2025
Other End-User Industries – Liquid Crystal Polymer Market, in USD Million, 2016-2025
North America - Liquid Crystal Polymer Market, in USD Million, 2016-2025
Europe – Liquid Crystal Polymer Market, in USD Million, 2016-2025
Asia-Pacific - Liquid Crystal Polymer Market, in USD Million, 2016-2025
South America - Liquid Crystal Polymer Market, in USD Million, 2016-2025
Middle East & Africa - Liquid Crystal Polymer Market, in USD Million, 2016-2025
Liquid Crystal Polymer - Market Share of Key Companies in 2019
Other Supporting Charts
Chemicals Industry Growth Data, 2013-2019
Semiconductors Industry Growth Data, 2013-2019
Global Liquid Crystal Polymer Market, in USD Million, 2016-2025
Global Liquid Crystal Polymer Market, Opportunities, 2016-2025
Thermotropic – Liquid Crystal Polymer Market, in USD Million, 2016-2025
Lyotropic – Liquid Crystal Polymer Market, in USD Million, 2016-2025
Electrical & Electronics – Liquid Crystal Polymer Market, in USD Million, 2016-2025
Aerospace – Liquid Crystal Polymer Market, in USD Million, 2016-2025
Healthcare – Liquid Crystal Polymer Market, in USD Million, 2016-2025
Automotive – Liquid Crystal Polymer Market, in USD Million, 2016-2025
Industrial machinery – Liquid Crystal Polymer Market, in USD Million, 2016-2025
Other End-User Industries – Liquid Crystal Polymer Market, in USD Million, 2016-2025
North America - Liquid Crystal Polymer Market, in USD Million, 2016-2025
Europe – Liquid Crystal Polymer Market, in USD Million, 2016-2025
Asia-Pacific - Liquid Crystal Polymer Market, in USD Million, 2016-2025
South America - Liquid Crystal Polymer Market, in USD Million, 2016-2025
Middle East & Africa - Liquid Crystal Polymer Market, in USD Million, 2016-2025
Liquid Crystal Polymer - Market Share of Key Companies in 2019
Other Supporting Charts
Chemicals Industry Growth Data, 2013-2019
Semiconductors Industry Growth Data, 2013-2019
