Press release
Liquid Crystal Polymer Market 2024:Solvay, Sumitomo, Polyplastics Co., Toray International, Kuraray and RTP Co.
Increasing demand for high performance and lightweight materials from automotive industry coupled with shift in consumer preference towards miniaturization of electrical components including connectors and surface mount devices should drive liquid crystal polymer market. Superior characteristics such as high abrasion resistance, tensile strength and fire resistant at extreme temperatures accompanied with rise in engineering resins alternatives for ultra-thin electrical parts should boost product demand.
Request sample copy of this report @
https://www.gminsights.com/request-sample/detail/2253
Liquid crystal polymer market demand from electrical & electronics application should exceed USD 350 million by 2024 owing to excellent electric breakdown and low electric constant should drive LCP market. They are widely used in IC Tray, connectors, semiconductors and switches owing to excellent dielectric strength and dimensional stability. LCP being inert and water resistant, has application in personal computers, electrical pumps and mobile phones.
Liquid crystal polymer market growth from automotive applications may register gains at over 5.5% by the end of forecast period. Automotive manufacturers are focused onto usage of lightweight and high-performance materials owing to improve operational efficiency of the vehicle should propel product demand. Increase in automotive sales along with usage of high end electronic devices in interiors of the vehicle should further drive LCP market.
Positive outlook in healthcare industry owing to recent technological innovations pertaining to microelectronics and biotechnology should stimulate LCP market growth. Medical applications from liquid crystal polymer should surpass USD 19.5 million by 2024. Medical devices manufactured from these products can be sterilized and are of high precision and possesses excellent dimensional stability.
LCP market from lighting application may witness significant growth at over 5% by the end of foreseeable timeframe. Increasing demand for light-emitting diodes (LEDs) should boost product demand. Conventional bulbs emit only 5% of the energy into visible light and rest as heat energy. Significant usage of LEDs in street light, households, offices and cars owing to excellent dielectric strength and low electric constant, should fuel liquid crystal polymer market growth.
Browse Complete Summary of this report @
https://www.gminsights.com/industry-analysis/liquid-crystal-polymer-lcp-market
Europe, driven by UK, Poland, Italy, France and Germany liquid crystal polymer market may surpass USD 110 million by 2024. Growth in automotive industries along with increase in production and sales of vehicles should boost product demand. Presence of major automotive giants such as BMW, Mercedes and Audi, whose focus is to enhance the operational efficiency of vehicles and cut down the CO2 emission by using lightweight products, will further propel LCP market demand.
U.S. LCP market demand may witness significant growth at over 5% by the end of projected period due to adoption of high-performance and durable medical devices in healthcare industry. Technological innovation in medical industry along with miniaturization of electrical components and usage of these components in automotive and electronics industry will propel regional industry growth.
Asia Pacific, led by India, Japan and China liquid crystal polymer market is poised to exceed USD 380 million by 2024. Rise in industrial machinery applications including mass transfer packaging along with expansion of automotive and electrical & electronics industries will enhance product demand.
Make an inquiry for purchasing this report @
https://www.gminsights.com/inquiry-before-buying/2253
Global liquid crystal polymer market share is concentrated with major industry participants include Solvay, Polyplastics, Kuraray, Celenese, Sumitomo, Toray International, Zeus Industrial, Ueno Fine Chemicals, RTP, and TCI Chemicals.
"
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.
Contact Us
Arun Hegde
Corporate Sales, USA
Global Market Insights, Inc.
Phone: 1-302-846-7766
Toll Free: 1 888-689-0688
Email: sales@gminsights.com
Web: https://www.gminsights.com
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Liquid Crystal Polymer Market 2024:Solvay, Sumitomo, Polyplastics Co., Toray International, Kuraray and RTP Co. here
News-ID: 1224243 • Views: …
More Releases from Global Market Insights
Acoustic Diaphragm Market slated to observe traction for polypropylene material …
With a seismic rise in the demand for consumer products such a loudspeakers, mobile phones and earphones, acoustic diaphragm market size is slated to surge in the next five years. Notably, acoustic diaphragm tends to inter-convert mechanical vibration to sounds and has become highly popular in headphones and speakers.
Market penetration of materials such as paper, polycarbonate, polypropylene, carbon fiber and aluminum has become more pronounced in the past several…
How will increasing demand for stainless steel transform the Ferroalloys Market …
One of the recent breakthroughs in the global ferroalloys market is the potential acquisition of Ferro Alloys Corporation by Vedanta- a natural resource company early this year. As per reliable sources, the acquisition is expected to complement Vedanta’s current steel business considering the fact that integration of Ferro manufacturing capabilities would offer the possibility to generate significant efficiencies.
Meanwhile, yet other company, Boston Metal has declared having raised over USD 20…
Polyphenylsulfone Market 2021 | Regional Insights & Growth Forecast To 2025
The polyphenylsulfone market will witness significant expansion with the rise in healthcare concerns and the growing requirement for biocompatible products. Polyphenylsulfone is a high-performance thermoplastic that is amorphous, heat-resistant, and transparent. It showcases high sterilization properties and is widely employed as an alternative for polyetheretheketone and polyaryletherketone. Furthermore, the polymer sees large adoption across various verticals of the healthcare sector to offer superior dimensional stability and higher resistance against…
Cosmetic Contact Lens Market 2021: Industry Growth, Competitive Analysis, Future …
Increasing trend of using colored contact lenses may have a positive impact on cosmetic contact lens market outlook. Rising popularity of customized lenses with attractive colors, shades and textures for improving eye appearance is likely to propel industry size. Proliferation of entertainment, online and social media platforms are helping boost the adoption of such lenses.
Cosmetic contact lenses are available in several colors such as blue, green, brown, hazel, grey, violet…
More Releases for LCP
LCP Special Engineering Plastic Market to Witness Robust Expansion by 2025
LP INFORMATION recently released a research report on the LCP Special Engineering Plastic analysis, which studies the LCP Special Engineering Plastic industry coverage, current market competitive status, and market outlook and forecast by 2025.
Global “LCP Special Engineering Plastic Market 2020-2025” Research Report categorizes the global LCP Special Engineering Plastic by key players, product type, applications and regions,etc. The report also covers the latest industry data,…
Global Liquid Crystal Monomer Market Research Report Study By Current Progresses …
UpMarketResearch offers a latest published report on “Global Liquid Crystal Monomer Market Industry Analysis and Forecast 2018-2025” delivering key insights to clients through a detail studied report. This exclusive report contains 90 pages, which highly focuses on current market analysis scenario, as well as future opportunities, revenue growth, pricing and profitability.
Get FREE Exclusive Sample of this Report@ https://www.upmarketresearch.com/home/requested_sample/12873
In this study, the years considered to estimate the market size of…
Liquid Crystal Polymer (LCP) Market Current and Future Industry Trends, 2017 – …
Market Study Report Add New Global Liquid Crystal Polymer (LCP) Market Outlook 2017-2022 to its research database presenting an informative study covering the market with detailed analysis. The Liquid Crystal Polymer (LCP) market research report is a professional and in-depth study on the current state of global Industry.
The global market for liquid crystal polymer (LCP) will grow at a CAGR of 8.1% by 2022, according to a new report published.…
Liquid Crystal Polymer (LCP) Market 2000-2025
Liquid Crystal Polymers (LCP) are aromatic polyesters by composition that exist in liquid crystal state. They exhibit a partially crystalline structure and their molecules are largely aligned. They have remarkable physical properties and chemical inertness by the virtue of which are capable of replacing metals, ceramics and several other engineering plastics in high-end applications. LCPs find use in electronic components like printed circuit boards and surface mounted devices.
Electrical &…
Global Liquid Crystalline Polymers (LCP) Market 2017 - Ueno, Toray, Sumitomo
The motive of this strategic research report entitled "Global Liquid Crystalline Polymers (LCP) Market 2017" is to provide company officials, industry investors, and industry members with consequential insights to enable them make reliable strategic decisions regarding the opportunities in the global Liquid Crystalline Polymers (LCP) market.
Key Notes On Liquid Crystalline Polymers (LCP) Market:
"Global Liquid Crystalline Polymers (LCP) Market 2017 "offers crucial insights into the global Liquid Crystalline Polymers (LCP) market…
Global Liquid Crystalline Polymers (LCP) Industry Market Research Report 2017
The Global Liquid Crystalline Polymers (LCP) Industry 2017 Market Research Report is a professional and in-depth study on the current state of the Liquid Crystalline Polymers (LCP) industry.
Firstly, the report provides a basic overview of the industry including definitions, classifications, applications and industry chain structure. The Liquid Crystalline Polymers (LCP) market analysis is provided for the international market including development history, competitive landscape analysis, and major regions’ development status.
Secondly, development…
