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Know How Liquid Crystal Polymers Market is Thriving Worldwide? Key Players Celenese, Solvay, Sumitomo, Toray International, Kuraray and RTP Co
Liquid Crystal Polymer (LCP) Market
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Liquid Crystal Polymer (LCP) Market size is set to exceed USD 650 million by 2024. 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.
U.S. liquid crystal polymer industry size will witness steady gains in revenue generation surpassing USD 90 million by 2024. This regional industry growth can be attributed to strong R&D investments for product enhancements. Growing demand for non-petroleum based and environment friendly materials in like automobiles, electronics and consumer goods industries will further bolster product demand.
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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.
Partial Chapter of the Table of Content
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
3.4.1. U.S.
3.4.2. Europe
3.4.3. China
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
3.7.3. Europe
3.7.4. Asia Pacific
3.7.5. LATAM
3.7.6. MEA
3.8. Industry impact forces
3.8.1. Growth drivers
3.8.1.1. North America: Growing demand for miniaturized electrical & electronics devices
3.8.1.2. Europe: Rising demand for lightweight, high performance materials from automotive industry
3.8.1.3. Asia Pacific: Growth in electronics industry
3.8.1.4. LATAM: Growing plastic & polymer based product demand
3.8.1.5. MEA: Strong crude oil production capacity
3.8.2. Industry pitfalls & challenges
3.8.2.1. 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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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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