+353-1-416-8900REST OF WORLD
+44-20-3973-8888REST OF WORLD
1-917-300-0470EAST COAST U.S
1-800-526-8630U.S. (TOLL FREE)

PRINTER FRIENDLY

China LCP (Liquid Crystal Polymer) Material Market Insight Report, 2021-2025

  • ID: 5359668
  • Report
  • June 2021
  • Region: China
  • 117 pages
  • AEI Research
LCP is a kind of wholly aromatic liquid crystalline polyester polymer material. Its special microstructure endows it with excellent macroscopic properties. It is widely used and its demand increases rapidly. More than 70% of LCP is used in electronic and electrical fields. From the supply side, the global LCP resin production capacity is 74,000 tons, which is concentrated in the United States and Japan, among which Celanese, Poly and Sumitomo are the major global suppliers, with CR3 over 60%. At present, the representative enterprises that realize mass production of resin in China include Blonde Technology, Pulit, Water, etc., mainly injection-molded products.

The demand for 5G antenna materials and frequency band up-shift driving LCP increases. The demand of 5G for high frequency and high speed drives the transition of antenna flexible printed circuit board substrate from PI to LCP/MPI. With the iPhone 12 as the representative model supporting 5G and the antenna adopting LCP scheme, the superimposed quick connector and other parts have also started to apply LCP, and the usage of single machine LCP is expected to further increase. Compared with MPI, LCP has obvious advantages in frequencies above 15GHz and multi-layer (above 4 layers) soft boards. In the future, the transition from Sub-6G to millimeter wave in 5G frequency bands in various countries may become another important driving force for large-scale application of LCP materials. At present, there are two mainstream solutions: modified PI(MPI) or LCP, among which MPI has certain comprehensive advantages in Sub-6G, but with the advancement of 5G commercialization, LCP will still be the main solution in millimeter wave phase. MPI can compete with LCP in Sub-6G stage, but the loss in millimeter wave band is further widened compared with LCP, and LCP will still be the core antenna membrane material in millimeter wave stage due to its extremely low water absorption. According to our calculation, the market space of LCP film for antenna in the future can reach 23.3 billion yuan.

Lightweight automobile and accelerate penetration of modified plastics. China Automotive Engineering Society pointed out that by 2035, the lightweight coefficient of passenger cars will be reduced by at least 25%, and the lightweight of automobiles will become the future development trend. Increasing the amount of automobile plastic can reduce the cost and weight of the whole vehicle, improve the cruising range and realize energy saving and environmental protection. According to the data of Washington Plastics Industry Association, in 2019, the plastic used for bicycles in foreign countries accounts for about 20% of the total vehicle weight, while only about 13% in China. According to our calculation, it is conservatively estimated that the domestic demand for plastic for passenger cars is expected to exceed 400 tons in 2024, with the value exceeding 60 billion yuan.

The technical bottleneck of LCP antenna industry chain lies in LCP resin and film technology. LCP resin has an important influence on the manufacture of LCP film. Plit injection-molded resin has been widely used in electronic connectors and other fields. Film-grade and spinning-grade LCP resin products have been successfully researched and developed, and are jointly developing application products with well-known customers. LCP film is expected to be used in 5G antennas, wearable devices, etc., and LCP fiber products are used in the development of military and aerospace fields. At present, the annual production capacity of LCP modified resin is 3000 tons, and the planned production capacity is 10000 tons.
Note: Product cover images may vary from those shown
1 Overview of LCP material industry for antenna
1.1 background, definition and characteristics
1.2 classification and development process
1.3 market size

2 Industrial chain analysis of LCP material industry with 2 antennas
2.1 Industry chain analysis
2.2 Upstream analysis: resin film
2.3 Upstream analysis: LCP resin productivity
2.4 Midstream analysis: LCP flexible board and antenna module
2.5 Downstream analysis: mobile terminal application

3 Industry analysis of LCP material for 3 antennas
3.1 Policy analysis
3.2 Analysis of driving factors: 5G frequency band rises
3.3 Analysis of driving factors: 5G signal transmission performance requirements
3.4 Analysis of driving factors: smartphone shipments increased
3.5 development trend: the application field is expanding continuously
3.6 Development Trend: Localization Substitution
3.7 Competition pattern: the competition pattern of manufacturers in each link
3.8 Competition pattern: competition pattern of LCP resin manufacturers

Selected Charts
Chart 1: Molecular structure of liquid crystal
Chart 2: Liquid crystal polymer structure
Chart 3: LCP performance characteristics
Chart 4: Global market scale of LCP film industry for 5G mobile phone antenna, 2018-2025
Chart 5: Global market size of LCP resin industry, 2018-2025
Chart 6: upstream supply chain pattern of 6:LCP industry
Chart 7: LCP film technical barriers
Chart 8: Production capacity and production capacity ratio of major LCP resin manufacturers in the world, 2019
Chart 9: Comparison of LCP resin production capacity ratio and strength in global regions, 2019
Chart 10: LCP resin production capacity in China, 2019
Chart 11: technical barriers and suppliers in the middle reaches of LCP
Chart 12: LCP antenna cost analysis, 2019
Chart 13: LCP Soft Board Cost Analysis, 2019
Figure 14: Application of LCP Antenna in iPhone X
Figure 15: Global 5G Mobile Phone Antenna Quantity, 2019-2025
Chart 16: Global mobile phone terminal antenna market scale, 2018-2022
Chart 17: 5 G Industry Related Policies, 2011-2020
Chart 18: Radio communication is classified by wavelength and frequency
Chart 19: Performance comparison between LCP and traditional PI/MPI
Chart 20: Comparison of transmission loss between LCP and substrate before and after moisture absorption
Chart 21: Some models of LCP antenna for 21:iPhone
Chart 22: Global smartphone shipments, 2010-2025
Chart 23: LCP application fields and characteristics
Chart 24: Global LCP Downstream Applications, 2019
Chart 25: Forecast of global LCP resin demand scale, 2012-2020
Chart 26: Global LCP resin production capacity and proportion, 2019
Chart 27: LCP resin production capacity and expected growth in China, 2019
Chart 28: Capacity Distribution and Technology Sources of Resins in China, 2019
Chart 29: Competition pattern of manufacturers in various links of LCP industry, 2019
Chart 30: Market structure of upstream manufacturers' capacity supply, 2019
Chart 31: Competition pattern of main manufacturers of LCP resin film
Note: Product cover images may vary from those shown
  • SHENZHEN WOTE ADVANCED MATERIALS CO.,LTD.
  • Kingfa SCI. & TECH. CO., LTD.
  • Shanghai PRET Composites Co.,Ltd.
  • Ningbo Jujia New Material Technology Co., Ltd.
Note: Product cover images may vary from those shown
Adroll
adroll