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Liquid Crystal Polymer Market Share, Size, Trends, Industry Analysis Report, By Type , By Application; By Region; Segment Forecast, 2022 - 2030

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    Report

  • 115 Pages
  • April 2022
  • Region: Global
  • Polaris Market Research
  • ID: 5598542
The global liquid crystal polymer market size is expected to reach USD 2.43 billion by 2030 according to a new study. The report “Liquid Crystal Polymer Market Share, Size, Trends, Industry Analysis Report, By Type (Thermotropic, Lyotropic), By Application (Electrical and Electronics, Industrial Machinery, Consumer goods, Lighting, Medical, Others); By Region; Segment Forecast, 2022 - 2030” gives a detailed insight into current market dynamics and provides analysis on future market growth.



The increasing application scope across various industries and shifting consumer preference for the miniaturization of electronic components like surface mount devices and connectors are the major impelling factors that boost the industry demand. Additionally, several factors such as low maintenance cost, environment-friendliness, improvised performance characteristics like minimal moisture absorption, low coefficient of thermal expansion, abrasion resistance, high strength of modulus, and flexibility are attributed to the industry growth.

Moreover, the rising number of product innovations and R&D programs in the liquid crystal space are also some of the significant catalyzing factors for the industry demand over the forecast period. Based on application, the electrical and electronics segment is dominating the global industry due to its unique processability, thin-wall flowability, and exceptional dimensional stability. Thereby, these factors lead the segment growth around the world.

In contrast, the medical segment shows the highest CAGR rate that leads to industry demand. This is due to the heavy investment in R&D activities to develop the LCP, which emerge as the most appropriate substitute for traditional plastics and metals in medical devices and equipment.

Emergence of 5G and 3D printing amplifies the industry growth, and penetration of liquid crystal is increasing at high speed across various industries such as electrical & electronics, medical devices, consumer goods, sports, automotive, leisure, etc. Moreover, the rising application of these films in flexible solar cells because of their unique low water absorbency and heat resistance characteristic is also gaining massive popularity in the industry.

Besides, rapid growing technologies like 3D printing and 5G communication is propels the need for liquid crystal polymers as a novel material with an optimistic outlook for mobile phone antennas. Hence, these factors are paving various opportunities for industry development in the forthcoming years.

Industry participants include Celanese Corporation, Asia International Enterprise (HK) Limited, Toray Industries, Inc., Kuraray Co. Ltd, Polyplastics Co. Ltd., PolyOne Corporation, Rogers Corporation, RTP Company, Solvay SA, Shanghai Pret Composites Co., Ltd., Sumitomo Chemicals Co. Ltd., and Ueno Fine Chemicals Industry Limited are some of the key players operating in the global industry.

Various industry players are launching new products and taking many tactical movements in the global market for strengthening their market position. For instance, in September 2021, Polyplastic Ltd. announced the development of a new polymerization facility with over 5,000 tons/year production capacity. Likewise, in January 2021, Celanese Corporation launched its plan to extend an LCP polymerization plant across China to boost its Vectra & Zenite LCP product range considerably.

The publisher has segmented the liquid crystal polymer market report on the basis of type, application, and region:


Liquid Crystal Polymer, Type Outlook

  • Thermotropic
  • Lyotropic

Liquid Crystal Polymer, Application Outlook

  • Electrical and Electronics
  • Industrial Machinery
  • Consumer goods
  • Lighting
  • Medical
  • Others

Liquid Crystal Polymer, Regional Outlook

  • North America
  • U.S.
  • Canada
  • Europe
  • Germany
  • UK
  • Italy
  • France
  • Spain
  • Austria
  • Netherlands
  • Asia Pacific
  • China
  • Japan
  • India
  • Indonesia
  • Malaysia
  • South Korea
  • Latin America
  • Brazil
  • Argentina
  • Mexico
  • Middle East & Africa
  • Israel
  • Saudi Arabia
  • South Africa
  • UAE
Frequently Asked Questions about the Global Liquid Crystal Polymer Market

What is the estimated value of the Global Liquid Crystal Polymer Market?

The Global Liquid Crystal Polymer Market was estimated to be valued at $1.25 billion in 2022.

What is the growth rate of the Global Liquid Crystal Polymer Market?

The growth rate of the Global Liquid Crystal Polymer Market is 8.0%, with an estimated value of $2.43 billion by 2030.

What is the forecasted size of the Global Liquid Crystal Polymer Market?

The Global Liquid Crystal Polymer Market is estimated to be worth $2.43 billion by 2030.

Who are the key companies in the Global Liquid Crystal Polymer Market?

Key companies in the Global Liquid Crystal Polymer Market include Asia International Enterprise (HK) Limited, Celanese Corporation, Kuraray Co. Ltd, PolyOne Corporation, Polyplastics Co. Ltd., Rogers Corporation, RTP Company, Shanghai Pret Composites Co. Ltd. and Sumitomo Chemicals Co. Ltd..

Table of Contents

1. Introduction
1.1. Report Description
1.1.1. Objectives of the Study
1.1.2. Market Scope
1.1.3. Assumptions
1.2. Stakeholders
2. Executive Summary
2.1. Market Highlights
3. Research Methodology
3.1. Overview
3.1.1. Data Mining
3.2. Data Sources
3.2.1. Primary Sources
3.2.2. Secondary Sources
4. Liquid Crystal Polymer Market Insights
4.1. Liquid Crystal Polymer Market - Industry Snapshot
4.2. Liquid Crystal Polymer Market Dynamics
4.2.1. Drivers and Opportunities
4.2.1.1. High application areas in electronics
4.2.1.2. Emergence of new generation technologies
4.2.2. Restraints and Challenges
4.2.2.1. High manufacturing costs of liquid crystal polymers
4.3. Porter’s Five Forces Analysis
4.3.1. Bargaining Power of Suppliers (Moderate)
4.3.2. Threats of New Entrants: (Low)
4.3.3. Bargaining Power of Buyers (Moderate)
4.3.4. Threat of Substitute (Moderate)
4.3.5. Rivalry among existing firms (High)
4.4. PESTLE Analysis
4.5. Liquid Crystal Polymer Industry trends
4.6. Value Chain Analysis
4.7. COVID-19 Impact Analysis
5. Global Liquid Crystal Polymer Market, by Type
5.1. Key Findings
5.2. Introduction
5.2.1. Global Liquid Crystal Polymer, by Type, 2018 - 2030 (USD Billion)
5.3. Thermotropic
5.3.1. Global Liquid Crystal Polymer Market, by Thermotropic, by Region, 2018 - 2030 (USD Billion)
5.4. Lyotropic
5.4.1. Global Liquid Crystal Polymer Market, by Lyotropic, by Region, 2018 - 2030 (USD Billion)
6. Global Liquid Crystal Polymer Market, by Application
6.1. Key Findings
6.2. Introduction
6.2.1. Global Liquid Crystal Polymer Market, by Application, 2018 - 2030 (USD Billion)
6.3. Electrical and Electronics
6.3.1. Global Liquid Crystal Polymer Market, by Electrical and Electronics, by Region, 2018 - 2030 (USD Billion)
6.4. Industrial Machinery
6.4.1. Global Liquid Crystal Polymer Market, by Industrial Machinery, by Region, 2018 - 2030 (USD Billion)
6.5. Consumer goods
6.5.1. Global Liquid Crystal Polymer Market, by Consumer goods, by Region, 2018 - 2030 (USD Billion)
6.6. Lighting
6.6.1. Global Liquid Crystal Polymer Market, by Lighting, by Region, 2018 - 2030 (USD Billion)
6.7. Medica
6.7.1. Global Liquid Crystal Polymer Market, by Medica, by Region, 2018 - 2030 (USD Billion)
6.8. Others
6.8.1. Global Liquid Crystal Polymer Market, by Others, by Region, 2018 - 2030 (USD Billion)
7. Global Liquid Crystal Polymer Market, by Geography
7.1. Key findings
7.2. Introduction
7.2.1. Liquid Crystal Polymer Market Assessment, By Geography, 2018 - 2030 (USD Billion)
7.3. Liquid Crystal Polymer Market - North America
7.3.1. North America: Liquid Crystal Polymer Market, by Application, 2018 - 2030 (USD Billion)
7.3.2. North America: Liquid Crystal Polymer Market, by Type, 2018 - 2030 (USD Billion)
7.3.3. Liquid Crystal Polymer Market - U.S.
7.3.3.1. U.S.: Liquid Crystal Polymer Market, by Application, 2018 - 2030 (USD Billion)
7.3.3.2. U.S.: Liquid Crystal Polymer Market, by Type, 2018 - 2030 (USD Billion)
7.3.4. Liquid Crystal Polymer Market - Canada
7.3.4.1. Canada: Liquid Crystal Polymer Market, by Application, 2018 - 2030 (USD Billion)
7.3.4.2. Canada: Liquid Crystal Polymer Market, by Type, 2018 - 2030 (USD Billion)
7.4. Liquid Crystal Polymer Market - Europe
7.4.1. Europe: Liquid Crystal Polymer Market, by Application, 2018 - 2030 (USD Billion)
7.4.2. Europe: Liquid Crystal Polymer Market, by Type, 2018 - 2030 (USD Billion)
7.4.3. Liquid Crystal Polymer Market - UK
7.4.3.1. UK: Liquid Crystal Polymer Market, by Application, 2018 - 2030 (USD Billion)
7.4.3.2. UK: Liquid Crystal Polymer Market, by Type, 2018 - 2030 (USD Billion)
7.4.4. Liquid Crystal Polymer Market - France
7.4.4.1. France: Liquid Crystal Polymer Market, by Application, 2018 - 2030 (USD Billion)
7.4.4.2. France: Liquid Crystal Polymer Market, by Type, 2018 - 2030 (USD Billion)
7.4.5. Liquid Crystal Polymer Market - Germany
7.4.5.1. Germany: Liquid Crystal Polymer Market, by Application, 2018 - 2030 (USD Billion)
7.4.5.2. Germany: Liquid Crystal Polymer Market, by Type, 2018 - 2030 (USD Billion)
7.4.6. Liquid Crystal Polymer Market - Italy
7.4.6.1. Italy: Liquid Crystal Polymer Market, by Application, 2018 - 2030 (USD Billion)
7.4.6.2. Italy: Liquid Crystal Polymer Market, by Type, 2018 - 2030 (USD Billion)
7.4.7. Liquid Crystal Polymer Market - Spain
7.4.7.1. Spain: Liquid Crystal Polymer Market, by Application, 2018 - 2030 (USD Billion)
7.4.7.2. Spain: Liquid Crystal Polymer Market, by Type, 2018 - 2030 (USD Billion)
7.4.8. Liquid Crystal Polymer Market - Netherlands
7.4.8.1. Netherlands: Liquid Crystal Polymer Market, by Application, 2018 - 2030 (USD Billion)
7.4.8.2. Netherlands: Liquid Crystal Polymer Market, by Type, 2018 - 2030 (USD Billion)
7.4.9. Liquid Crystal Polymer Market - Austria
7.4.9.1. Austria: Liquid Crystal Polymer Market, by Application, 2018 - 2030 (USD Billion)
7.4.9.2. Austria: Liquid Crystal Polymer Market, by Type, 2018 - 2030 (USD Billion)
7.5. Liquid Crystal Polymer Market - Asia Pacific
7.5.1. Asia Pacific: Liquid Crystal Polymer Market, by Application, 2018 - 2030 (USD Billion)
7.5.2. Asia Pacific: Liquid Crystal Polymer Market, by Type, 2018 - 2030 (USD Billion)
7.5.3. Liquid Crystal Polymer Market - China
7.5.3.1. China: Liquid Crystal Polymer Market, by Application, 2018 - 2030 (USD Billion)
7.5.3.2. China: Liquid Crystal Polymer Market, by Type, 2018 - 2030 (USD Billion)
7.5.4. Liquid Crystal Polymer Market - India
7.5.4.1. India: Liquid Crystal Polymer Market, by Application, 2018 - 2030 (USD Billion)
7.5.4.2. India: Liquid Crystal Polymer Market, by Type, 2018 - 2030 (USD Billion)
7.5.5. Liquid Crystal Polymer Market - Malaysia
7.5.5.1. Malaysia: Liquid Crystal Polymer Market, by Application, 2018 - 2030 (USD Billion)
7.5.5.2. Malaysia: Liquid Crystal Polymer Market, by Type, 2018 - 2030 (USD Billion)
7.5.6. Liquid Crystal Polymer Market - Japan
7.5.6.1. Japan: Liquid Crystal Polymer Market, by Application, 2018 - 2030 (USD Billion)
7.5.6.2. Japan: Liquid Crystal Polymer Market, by Type, 2018 - 2030 (USD Billion)
7.5.7. Liquid Crystal Polymer Market - Indonesia
7.5.7.1. Indonesia: Liquid Crystal Polymer Market, by Application, 2018 - 2030 (USD Billion)
7.5.7.2. Indonesia: Liquid Crystal Polymer Market, by Type, 2018 - 2030 (USD Billion)
7.5.8. Liquid Crystal Polymer Market - South Korea
7.5.8.1. South Korea: Liquid Crystal Polymer Market, by Application, 2018 - 2030 (USD Billion)
7.5.8.2. South Korea: Liquid Crystal Polymer Market, by Type, 2018 - 2030 (USD Billion)
7.6. Liquid Crystal Polymer Market - Middle East & Africa
7.6.1. Middle East & Africa: Liquid Crystal Polymer Market, by Application, 2018 - 2030 (USD Billion)
7.6.2. Middle East & Africa: Liquid Crystal Polymer Market, by Type, 2018 - 2030 (USD Billion)
7.6.3. Liquid Crystal Polymer Market - Saudi Arabia
7.6.3.1. Saudi Arabia: Liquid Crystal Polymer Market, by Application, 2018 - 2030 (USD Billion)
7.6.3.2. Saudi Arabia: Liquid Crystal Polymer Market, by Type, 2018 - 2030 (USD Billion)
7.6.4. Liquid Crystal Polymer Market - UAE
7.6.4.1. UAE: Liquid Crystal Polymer Market, by Application, 2018 - 2030 (USD Billion)
7.6.4.2. UAE: Liquid Crystal Polymer Market, by Type, 2018 - 2030 (USD Billion)
7.6.5. Liquid Crystal Polymer Market - Israel
7.6.5.1. Israel: Liquid Crystal Polymer Market, by Application, 2018 - 2030 (USD Billion)
7.6.5.2. Israel: Liquid Crystal Polymer Market, by Type, 2018 - 2030 (USD Billion)
7.6.6. Liquid Crystal Polymer Market - South Africa
7.6.6.1. South Africa: Liquid Crystal Polymer Market, by Application, 2018 - 2030 (USD Billion)
7.6.6.2. South Africa: Liquid Crystal Polymer Market, by Type, 2018 - 2030 (USD Billion)
7.7. Liquid Crystal Polymer Market - Latin America
7.7.1. Latin America: Liquid Crystal Polymer Market, by Application, 2018 - 2030 (USD Billion)
7.7.2. Latin America: Liquid Crystal Polymer Market, by Type, 2018 - 2030 (USD Billion)
7.7.3. Liquid Crystal Polymer Market - Mexico
7.7.3.1. Mexico: Liquid Crystal Polymer Market, by Application, 2018 - 2030 (USD Billion)
7.7.3.2. Mexico: Liquid Crystal Polymer Market, by Type, 2018 - 2030 (USD Billion)
7.7.4. Liquid Crystal Polymer Market - Brazil
7.7.4.1. Brazil: Liquid Crystal Polymer Market, by Application, 2018 - 2030 (USD Billion)
7.7.4.2. Brazil: Liquid Crystal Polymer Market, by Type, 2018 - 2030 (USD Billion)
7.7.5. Liquid Crystal Polymer Market - Argentina
7.7.5.1. Argentina: Liquid Crystal Polymer Market, by Application, 2018 - 2030 (USD Billion)
7.7.5.2. Argentina: Liquid Crystal Polymer Market, by Type, 2018 - 2030 (USD Billion)
8. Competitive Landscape
8.1. Expansion and Acquisition Analysis
8.1.1. Expansion
8.1.2. Acquisitions
8.2. Partnerships/Collaborations/Agreements/Exhibitions
9. Company Profiles
9.1. Asia International Enterprise (HK) Limited
9.1.1. Company Overview
9.1.2. Financial Performance
9.1.3. Product Benchmarking
9.1.4. Recent Development
9.2. Celanese Corporation
9.2.1. Company Overview
9.2.2. Financial Performance
9.2.3. Product Benchmarking
9.2.4. Recent Development
9.3. Kuraray Co. Ltd.
9.3.1. Company Overview
9.3.2. Financial Performance
9.3.3. Product Benchmarking
9.3.4. Recent Development
9.4. PolyOne Corporation
9.4.1. Company Overview
9.4.2. Financial Performance
9.4.3. Product Benchmarking
9.4.4. Recent Development
9.5. Polyplastics Co. Ltd.
9.5.1. Company Overview
9.5.2. Financial Performance
9.5.3. Product Benchmarking
9.5.4. Recent Development
9.6. Rogers Corporation
9.6.1. Company Overview
9.6.2. Financial Performance
9.6.3. Product Benchmarking
9.6.4. Recent Development
9.7. RTP Company
9.7.1. Company Overview
9.7.2. Financial Performance
9.7.3. Product Benchmarking
9.7.4. Recent Development
9.8. Shanghai Pret Composites Co., Ltd.
9.8.1. Company Overview
9.8.2. Financial Performance
9.8.3. Product Benchmarking
9.8.4. Recent Development
9.9. Solvay SA
9.9.1. Company Overview
9.9.2. Financial Performance
9.9.3. Product Benchmarking
9.9.4. Recent Development
9.10. Sumitomo Chemicals Co. Ltd.
9.10.1. Company Overview
9.10.2. Financial Performance
9.10.3. Product Benchmarking
9.10.4. Recent Development
9.11. Toray Industries, Inc.
9.11.1. Company Overview
9.11.2. Financial Performance
9.11.3. Product Benchmarking
9.11.4. Recent Development
9.12. Ueno Fine Chemicals Industry Limited
9.12.1. Company Overview
9.12.2. Financial Performance
9.12.3. Product Benchmarking
9.12.4. Recent Development

Companies Mentioned

  • Asia International Enterprise (HK) Limited
  • Celanese Corporation
  • Kuraray Co. Ltd
  • PolyOne Corporation
  • Polyplastics Co. Ltd.
  • Rogers Corporation
  • RTP Company
  • Shanghai Pret Composites Co. Ltd.
  • Solvay SA
  • Sumitomo Chemicals Co. Ltd.
  • Toray Industries Inc.
  • Ueno Fine Chemicals Industry Limited.