Liquid Crystal Polymers Market 2024 Key Players Celenese, Solvay, Sumitomo, Toray International, Kuraray and RTP Co

LCP’s numerous benefits stand to be one of the main driving forces of liquid crystal polymer market. On these grounds, several research institutes are taking initiatives to improve the applicability of material for space applications. Recently, the Earth Science Technology Office of NASA provided funding to numerous researchers from the Georgia Institute of Technology to evaluate LCP material electronics applications in space – a research project that would have considerable impact on liquid crystal polymer industry share.

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LCP can be incorporated in several electronics circuits, as it is ultra-thin (like plastic), can even be molded in any shape, and performs well in critical temperatures and intense radiation. One of the senior research engineers at Glenn Research Center of NASA has added that on the grounds of its properties, LCP has replaced other conventional materials for manufacturing circuit boards and antennas in high-frequency applications. The growing popularity of flexible liquid crystal polymer antennas will thus have a significant impact on LCP market outlook over the years ahead.

The growing number of innovations and R&D programs across the polymer space have had a profound impact on liquid crystal polymer (LCP) market size. Pertaining to the inert and highly water-resistant characteristics of LCP, this polymer is being prominently used for encapsulation of electronics components, electronics packaging, and as a base material for neural prosthetic devices on large scale, which has led to LCP industry size being pegged at USD 375 million in 2016.

Taking into account its numerous benefits, leading electronics equipment manufacturers are investing heavily in research and development activities to enhance the performance of electronic devices. For instance, the U.S. based smartphone manufacturer, Apple has upgraded its iPhone models with liquid crystal antennas, that would help improve the transmission speed of LTE data.

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Ongoing developments in the electronics & media industry such as the aforementioned are certain to push liquid crystal polymer industry share over the years ahead. Moreover, LCP is one of the 3D quantum liquid crystals, which has been touted to transform the future of computers, owing to its high speed, compatibility with a micro-fabrication process, and flexibility. In addition to this, nowadays, LCP has become one of the primary components in aerospace and automotive applications, where high heat deflection is required, pertaining to its properties such as lower coefficient of thermal expansion, abrasion resistance, and high mechanical strength, which would further drive LCP industry size.

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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