Global Liquid Crystal Polymer Market Is Expected To Grow At 5.3% Compound Annual Growth Rate (CAGR), by Revenue, and 6.0% CAGR, by Volume, from 2017 – 2025; Factor & Equilibrium

Global Liquid Crystal Polymer Market Report Code: CM-101-092217 | Category: Chemicals and Materials

Format: pdf file icon excel file icon | No. of Slides: 158 | No. of Figures: 63 | No. of Tables: 43


Rising Application of Liquid Crystal Polymers in Semiconductor & Electronics Industry is Fuelling the Growth of the Global Liquid Crystal Polymer Market

As per a new market research report published by Factor & Equilibrium (www.factorandequilibrium.com), “Global Liquid Crystal Polymer Market – Industry Insights Market Size, Estimation and Growth Forecast By Type (Thermotropic and Lyotropic), By Brands (Laperos LCP, Vectra/Zenite, Xydar, Sumikasuper and Others), By End-Use Industry (Semiconductor and Electronics, Automotive, Consumer Goods, Healthcare and Others), & By Regions, 2017-2025” is expected to reach USD 2002.8 Million by 2025 in terms of revenue. In 2016, the market was valued USD 1253.5 Million in terms of revenue. In terms of volume, Global Liquid Crystal Polymers market size was 85,272.1 Metric Tons in 2016 and expected to reach 143,463.7 Metric Tons by 2025.

Global Liquid Crystal Polymer Market Revenue Share
Liquid Crystal Polymer Market Revenue Share By Geography: 2016 Vs. 2025

Browse 43 Data Tables and 63 Figures in the full report at https://www.factorandequilibrium.com/market-report/liquid-crystal-polymer-market
 

Market Overview

Global liquid crystal polymer market is expected to grow at a healthy rate during 2017 to 2025. Liquid crystals polymer is crystalline aromatic polyesters that are fire resistant and inert in nature. Applications of liquid crystal polymer include semiconductor and electronic component manufacturing, medical equipment development, nanocomponent manufacturing and automotive component development among others. Liquid crystal polymer (LCP) is increasingly used to develop miniaturized components in consumer electronics such as smartphones, laptops, televisions etc. Furthermore, rising application of carbon fiber reinforced liquid crystal polymer in medical devices manufacturing has created a significant growth opportunity for the liquid crystals polymer (LCP) market.

Rising demand for liquid crystal polymer in semiconductor and electronics industry has been boosting the growth of the market.

 

Segmentation Overview

Based on the type, the global liquid crystal polymer market has been segmented into thermotropic and lyotropic. Owing to wide-scale applications, thermotropic liquid crystal polymer has the largest share in the LCP market. At present, most of the popular LCP brands are made of thermotropic liquid crystal polymer.

In terms of both revenue and volume, thermotropic was the largest type of liquid crystal polymer in 2016.

Based on brands, the global liquid crystal polymer market has been segmented into Laperos LCP, Vectra/Zenite, Xydar, Sumikasuper, and others. Owing to wide applications in the development of thinner electronic components and growing preference among end users for its vibration absorbing property, Laperos LCP has the largest share in the market.

In terms of volume, Laperos LCP was the largest brand of liquid crystal polymer in 2016.

By end-use industry, the market has been divided into semiconductor and electronics, automotive, consumer goods, healthcare, and others. Rising demand for lightweight but hard materials for developing semiconductor & electronics components has increased the popularity of liquid crystal polymer in semiconductor and electronics industry.

In terms of both revenue and volume, semiconductor and electronics was the largest end-use industry segment for liquid crystal polymer in 2016.

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Regional Overview

By region, the global liquid crystal polymer market has been segmented into five regions; North America, Europe, Asia Pacific (APAC), Middle-East & Africa (MEA), and Latin America. In 2016, Asia Pacific occupied the largest revenue and volume share of the market, accounting for more than 50%. The large liquid crystal polymer market share can be attributed to the high demand of liquid crystal polymer in industries including semiconductor and electronics, automotive and consumer goods.

Asia Pacific occupied the largest revenue and volume share of the market.
 

Leading Player Mapping

Some major players in the market are: Celanese Corporation (The U.S.), Polyplastics Co., Ltd (Japan), Solvay S.A (Belgium), Sumitomo Chemical (Japan), Ensinger GmbH (Japan), SABIC (Saudi Arabia), E-Polymers Co Ltd (South Korea), LATI SpA (Italy), PolyOne Corporation (The U.S.) and Toray International, Inc. (Japan) among others.

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The market has been segmented as follows:
Liquid Crystal Polymer Market, by Type

  • Thermotropic
  • Lyotropic

Liquid Crystal Polymer Market, by Brands

  • Laperos LCP
  • Vectra/Zenite
  • Xydar
  • Sumikasuper
  • Others

Liquid Crystal Polymer Market, by End-Use Industry

  • Semiconductor and Electronics
  • Automotive
  • Consumer Goods
  • Healthcare
  • Others

Liquid Crystal Polymer Market, by Region:

  • North America (The U.S. and Canada)
  • Europe (Germany, The U.K, Italy and Rest of the Europe)
  • Asia Pacific (China, Japan, India and Rest of the Asia Pacific)
  • Middle-East & Africa (MEA) (South Africa, Saudi Arabia and Rest of the MEA)
  • Latin America (Brazil, Mexico, and Rest of the Latin America)

 
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