The liquid crystal polymers market is projected to reach a CAGR of 9.2% from USD 1.2 billion in 2021.
Liquid-crystal polymers (LCPs) are a class of aromatic polymers. They are unreactive and inert, resistant to fire, and perform well under harsh environments. LCPs offer high resistance to heat, electricity, and tolerance to chemical-resistance. These properties allow these components to perform well even in harsh environment making them capable for tolerating extreme heat conditions as well as resistant towards strong chemicals.
Demand for high-quality and durable electrical and electronic products in emerging economies are some of the factors that have supported long-term expansion for Liquid Crystal Polymers Market.
Liquid crystal polymers manufacturers have also experienced a negative impact of COVID-19 on sales volume in the first and second quarters of 2020. Major players in the market are mitigating the risk through a strong focus on local management and on market opportunities.
APAC to hold the largest market share in liquid crystal polymers market, in terms of value and volume during the forecast period. The growth of the liquid crystal polymers market in APAC is due to rapid expansion of the electrical & electronics industry.
Insights are provided for each region and major countries within the regions
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Report Feature |
Descriptions |
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Market Revenue In 2021 |
USD 1.2 billion |
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Growth Rate |
CAGR of 9.2% during the forecasting period, 2021-2028 |
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Historical Data |
2018-2019 |
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Forecast Years |
2021-2028 |
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Base Year |
2020 |
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Units Considered |
Revenue in USD billion and CAGR from 2021 to 2028 |
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Report Segmentation |
Application and region. |
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Report Attribute |
Market Revenue Sizing (Global, Regional and Country Level) Company Share Analysis, Market Dynamics, Company Profiling |
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Regional Level Scope |
North America, Europe, Asia-Pacific, South America, and Middle East and Africa |
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Country Level Scope |
U.S., Japan, Germany, U.K., China, India, Brazil, UAE, South Africa (50+ Countries Across the Globe) |
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Companies Profiled |
Polyplastics Co. Ltd, Celanese Corporation, Sumitomo Chemical Company, Shenzhen Wote Advanced Materials Co. Ltd, Kingfa Sci. & Tech. Co. Ltd, Solvay S.A., Toray Industries, Inc., Kuraray Co. Ltd, Shanghai Pret Composites Co. Ltd., UENO Fine Chemicals Industry Ltd., RTP Company, ZEUS Industrial Products, Inc., Chang Chun Plastics Co. Ltd, Lotte Fine Chemicals Co. Ltd., Mitsui Chemicals |
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Available Customization |
In addition to the market data for Liquid Crystal Polymers Market, Delvens offers client-centric report and customized according to the company’s specific demand and requirement. |
Liquid Crystal Polymers Market is segmented into application and region.
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