Global Liquid Crystal Polymer Market Leading Players Analysis, Market trend and Forecast Up To 2024
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Liquid Crystal Polymer Market size is set to exceed USD 650 million by 2024; according to a new research report by Global Market Insights, Inc. Increasing consumer goods demand & strong application outlook in ultra-compact electronic devices like mobiles, laptops & televisions and electrical devices like motors, stators, sockets & PCB’s should drive liquid crystal polymer market size. Rising per capita income along with growing living standards should complement product demand.
LCP’s are high performance engineering plastics based on p-hydroxy phthalic acid (HPA) and related monomers. It has wide application outlook in packaging and consumer goods industry owing to its mechanical & physical properties and processability. It also offers excellent mechanical properties at high temperature, chemical resistance and weatherability.
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Liquid crystal polymer are also wide application in production of sockets, bobbins, connectors, switches, chip carriers, dental tools, pumps, meters and valve liners. These materials emit low viscosity and high flowability filling intricate molds completely making liquid crystal polymers a good choice for manufacturing ultrathin and miniature parts of thickness less than 0.1 mm and shorter cycle times.
Liquid crystal polymer market size from consumer goods application will grow significantly by 2024 due to good microwave frequency conductivity with low dissipation factors, commercial availability and relatively low dielectric constant. It is widely used in manufacturing microwave friendly utensils, containers and packaging.
Some of major chapters from Table of Contents:
Chapter 2. Executive Summary
2.1. Liquid crystal polymers market 3600 synopsis, 2017 –2024
2.1.1. Business trends
2.1.2. Application trends
2.1.3. Regional trends
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Chapter 3. Liquid Crystal Polymers Industry Insights
3.1. Industry segmentation
3.2. Industry size and forecast, 2013 - 2024
3.3. Industry ecosystem analysis
3.3.1. Vendor matrix
3.3.2. Distribution channel analysis
3.3.3. Profit margin by position
3.4. Regulatory landscape
3.5. Technology Landscape
3.6. Raw Material Analysis
3.7. Pricing analysis
3.7.1. Price analysis by region
3.7.2. North America
3.7.4. Asia Pacific
3.8. Industry impact forces
3.8.1. Growth drivers
126.96.36.199. North America: Growing demand for miniaturized electrical & electronics devices
188.8.131.52. Europe: Rising demand for lightweight, high performance materials from automotive industry
184.108.40.206. Asia Pacific: Growth in electronics industry
220.127.116.11. LATAM: Growing plastic & polymer based product demand
18.104.22.168. MEA: Strong crude oil production capacity
3.8.2. Industry pitfalls & challenges
22.214.171.124. Warpage and low-weld properties
3.9. Innovation & sustainability
3.10. Growth potential analysis
3.10.1. Emerging business models
3.11. Porter's analysis
3.12. Competitive landscape, 2016
3.12.1. Strategy dashboard
3.12.2. Estimated production capacity by company
3.13. PESTEL analysis
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Germany LCP market size should signify steady growth and surpass USD 20 million by 2024. These gains can be attributed to increasing number of automobile and OEM industry participants who focus on using lightweight and high-performance materials to comply emission standards set forth by environment protection agencies and improve fuel efficiency.
Global liquid crystal polymers market share is competitive & moderately fragmented with industry participants including Toray, RTP Co., Zeus Industrial, Sumitomo Chemical, Solvay and Celanese. Companies concentrate on improving their distribution network towards other regions and set up manufacturing plants near raw material sources. They adopt strategies including mergers, acquisitions and partnerships to increase their production capacity and expand regional presence.
About Global Market Insights:
Global Market Insights, Inc., headquartered in Delaware, U.S., is a global market research and consulting service provider; offering syndicated and custom research reports along with growth consulting services. Our business intelligence and industry research reports offer clients with penetrative insights and actionable market data specially designed and presented to aid strategic decision making. These exhaustive reports are designed via a proprietary research methodology and are available for key industries such as chemicals, advanced materials, technology, renewable energy and biotechnology.
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