Press release
Liquid Crystal Polymers Industry to See Robust Expansion, Valued at $2.85 Billion by 2029
Liquid Crystal Polymers Market
What Is the Projected CAGR for the Liquid Crystal Polymers Market from 2024 to 2025?
The market size for liquid crystal polymers has seen significant growth recently. The expansion is projected from $1.88 billion in 2024 to about $2 billion in 2025, recording a compound annual growth rate (CAGR) of 6.4%. The increase in the historic range is due to factors such as expansion of data centers, efficient energy use, affordable scaling, requirements for web hosting, reduced power consumption, and a need for parallel processing.
What are the Expected Market Size and CAGR for Liquid Crystal Polymers by 2029?
In the coming years, the market size for liquid crystal polymers is projected to see robust growth, reaching $2.85 billion in 2029 with a compound annual growth rate (CAGR) of 9.3%. This growth over the forecast period may be due to the development of smart cities, the rise of autonomous vehicles, the expansion of telemedicine, changing security requirements, security issues, and hardware-driven solutions. Upcoming trends for this period may encompass the handling of AI and machine learning workloads, bespoke and application-specific solutions, open compute project (OCP), differing computing architectures, and blockchain technology.
Explore The Complete Report Now:
https://www.thebusinessresearchcompany.com/report/liquid-crystal-polymers-global-market-report
Which Factors Are Driving the Global Liquid Crystal Polymers Market Expansion?
Automobile components' advancement towards lightweight materials is propelling the growth of the liquid crystal polymer market. Lightweight automotive components, designed to be lighter than traditional parts, are in high demand for their added advantages. These compounds are utilized in creating lightweight parts for both electric and combustion automobiles. For example, the US Office of Energy Efficiency and Renewable Energy, a US governmental organization working towards a cleaner energy economy, asserts that a 10% weight reduction in automobiles could lead to a 6%-8% increase in fuel efficiency. By 2030, implementing lightweight materials in a quarter of the US fleet could result in approximately 5 billion gallons of fuel saved annually. Consequently, the emerging trend in lightweight automotive parts is fueling the expansion of the liquid crystal polymer market.
Get Free Sample Report Here:
https://www.thebusinessresearchcompany.com/sample.aspx?id=10377&type=smp
Which Segment Currently Holds the Largest Share of the Liquid Crystal Polymers Market?
The liquid crystal polymers market covered in this report is segmented -
1) By Product Type: Lyotropic LC Polymers, Thermotropic LC polymers
2) By Category: Main Chain LC Polymers, Side Chain LC Polymers
3) By Form: LCP Resins And Compounds, Liquid Crystal Polymer Films, Liquid Crystal Polymer Fibers
4) By Application: Electrical And Electronics, Industrial Machinery, Consumer Goods, Lighting, Medical, Other Applications
Subsegments:
1) By Lyotropic LC Polymers: Polyamide (PA), Polycarbonate (PC), Polyethylene Terephthalate (PET), Polyether Ether ket*one (PEEK), Other Lyotropic LC Polymers
2) By Thermotropic LC Polymers: Polyester-Based LC Polymers, Polyimide-Based LC Polymers, Polyether-Based LC Polymers, Other Thermotropic LC Polymers
Which Major Trends Are Shaping the Future of the Liquid Crystal Polymers Industry?
In the liquid crystal polymer market, product innovation is an emerging trend. Market-leading companies are debuting innovative products like SUMIKASUPER liquid crystal polymers, giving them a competitive edge. Sumitomo Chemical Advanced Technologies, an industrial chemical and materials producer from the United States, unveiled its SUMIKASUPER long-fiber thermoplastic (LFT) compound family in July 2022, for example. The newly-introduced product features high-performance liquid crystal polymer (LCP) matrices fortified with 13-mm chopped carbon or fiberglass, imparting superior structural stability to the substance. The product is distinct due to its 30-50% fiber-weight fraction of E-glass coupled with high-modulus carbon fiber significantly enhancing the material's thermal and mechanical performance.
Customize Your Insights And Get The Full Report Here:
https://www.thebusinessresearchcompany.com/customise?id=10377&type=smp
Which Key Players Dominate the Liquid Crystal Polymers Industry Globally?
Major companies operating in the liquid crystal polymers market include Celanese Corporation, Sumitomo Chemical Co. Ltd., Toray Industries Inc., Solvay S.A., Ueno Fine Chemicals Industry Ltd., Shanghai PRET Composites Co. Ltd., Rogers Corporation, RTP Company Inc., Kuraray Co. Ltd., Zeus Company Inc., Chang Chun Group, Henan DaKen Chemical Co. Ltd., Avient Corporation, DuPont de Nemours Inc., Polyplastics Co. Ltd., ENEOS LC Co.Ltd., Daicel Corporation, Kingfa Sci.&Tech. Co.Ltd., Ningbo Jujia New Material Technology Co. Ltd., Samsung Chemicals Co.Ltd., Shanghai Kumho Sunny Plastics Co.Ltd., Saudi Basic Industries Corporation, PolyOne Corporation, Mitsubishi Chemical Corporation, LG Chem Ltd., Covestro AG, BASF SE, Arkema S.A., Asahi Kasei Corporation, DSM Engineering Plastics, Evonik Industries AG, Eastman Chemical Company
What Are the Fastest-Growing Regions in the Liquid Crystal Polymers Market?
Asia-Pacific was the largest region in the liquid crystal polymer market in 2024. Asia-Pacific is expected to be the fastest-growing region in the global liquid crystal polymers market during the forecast period. The regions covered in the liquid crystal polymers market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa
Connect with us on:
LinkedIn: https://in.linkedin.com/company/the-business-research-company,
Twitter: https://twitter.com/tbrc_info,
YouTube: https://www.youtube.com/channel/UC24_fI0rV8cR5DxlCpgmyFQ.
Contact Us
Saumya Sahey
Europe: +44 7882 955267,
Asia: +44 7882 955267 & +91 8897263534,
Americas: +1 310-496-7795
Email: saumyas@tbrc.info
Learn More About The Business Research Company
With over 15,000+ reports from 27 industries covering 60+ geographies, The Business Research Company has built a reputation for offering comprehensive, data-rich research and insights. Our flagship product, the Global Market Model delivers comprehensive and updated forecasts to support informed decision-making.
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 Polymers Industry to See Robust Expansion, Valued at $2.85 Billion by 2029 here
News-ID: 4159863 • Views: …
More Releases from The Business Research Company
Global Palm Methyl Ester Derivatives Market Worth $5.43 Billion by 2029, Growing …
Use ONLINE30 for 30% savings on global market reports and stay on top of tariff updates, market trends, and economic shifts worldwide.
Palm Methyl Ester Derivatives Market Outlook: What Size And CAGR Are Anticipated By 2025?
The market size of palm methyl ester derivatives has been consistently expanding over the past few years. This market is projected to rise from $3.86 billion in 2024 to $4.03 billion in 2025, indicating a compound…
Hydrophobic Coatings Market Size Forecast: $2.93 Billion by 2029 | Global Outloo …
Stay informed on tariff shifts, macro trends, and global economic changes-use code ONLINE30 to enjoy 30% off our global market reports.
What Is the Projected Market Size Valuation of the Hydrophobic Coatings Market by 2025?
Recent years have seen a robust growth in the size of the hydrophobic coatings market. It is projected to expand from $1.98 billion in 2024 to $2.09 billion in 2025, exhibiting a compound annual growth rate (CAGR)…
Male Toiletries Industry Set to Achieve $36.54 Billion Milestone by 2029 | Stead …
Get 30% off global market reports with code ONLINE30 and keep ahead of tariffs, macro trends, and worldwide economic developments.
What Is the Long-Term Growth Forecast for the Male Toiletries Market Size 2025?
Over the past years, there's been a consistent rise in the size of the male toiletries market. It is projected to expand from $27.6 billion in 2024 to $28.73 billion in 2025, presenting a compound annual growth rate (CAGR)…
Oilfield Chemicals Market to Grow at 6.3% CAGR, Reaching $47.4 Billion by 2029
Use ONLINE30 for 30% savings on global market reports and stay on top of tariff updates, market trends, and economic shifts worldwide.
Oilfield Chemicals Market Outlook: How is the Market Expected to Grow by 2025?
The market size for oilfield chemicals has been expanding impressively in the past few years. Its predicted growth will increase from a worth of $35.18 billion in 2024 to a value of $37.15 billion in 2025, resulting…
More Releases for Polymer
MDR Certificate For Single Polymer Clip Applier And Multiple Polymer Clip Applie …
EU Quality Management System Certificate
Regulation (EU)2017/745, Annex Ix Chapter I and III
MDR 804963 R000
Manufacturer: Hangzhou Sunstone Technology Co., Ltd
Address:
2nd Floor of Building 1,
#460 Fucheng Rd, Qiantang Area
Hangzhou
Zhejiang
310018
China
Single Registration Number: CN-MF-000040501
EU Authorised Representative: MedPath GmbH
Address:
Mies-van-der-Rohe-Strasse 8
80807
Munich
Germany
Scope: See attached Device Schedule
On the basis of our examination of the quality system in accordance with Regulation (EU) 2017/745, Annex IX
Chapter I and lll, the quality system meets the requirements of the Regulation. For the…
Acrylic Polymer Market
𝐓𝐡𝐞 𝐠𝐥𝐨𝐛𝐚𝐥 𝐚𝐜𝐫𝐲𝐥𝐢𝐜 𝐩𝐨𝐥𝐲𝐦𝐞𝐫 𝐦𝐚𝐫𝐤𝐞𝐭 𝐰𝐚𝐬 𝐯𝐚𝐥𝐮𝐞𝐝 𝐚𝐭 𝐚𝐩𝐩𝐫𝐨𝐱𝐢𝐦𝐚𝐭𝐞𝐥𝐲 𝐔𝐒𝐃 𝟐𝟎 𝐛𝐢𝐥𝐥𝐢𝐨𝐧 𝐢𝐧 𝟐𝟎𝟐𝟐 𝐚𝐧𝐝 𝐢𝐬 𝐩𝐫𝐨𝐣𝐞𝐜𝐭𝐞𝐝 𝐭𝐨 𝐫𝐞𝐚𝐜𝐡 𝐔𝐒𝐃 𝟑𝟔.𝟗 𝐛𝐢𝐥𝐥𝐢𝐨𝐧 𝐛𝐲 𝟐𝟎𝟑𝟐, 𝐠𝐫𝐨𝐰𝐢𝐧𝐠 𝐚𝐭 𝐚 𝐜𝐨𝐦𝐩𝐨𝐮𝐧𝐝 𝐚𝐧𝐧𝐮𝐚𝐥 𝐠𝐫𝐨𝐰𝐭𝐡 𝐫𝐚𝐭𝐞 (𝐂𝐀𝐆𝐑) 𝐨𝐟 𝟔.𝟒% 𝐟𝐫𝐨𝐦 𝟐𝟎𝟐𝟑 𝐭𝐨 𝟐𝟎𝟑𝟐.
𝐀𝐜𝐫𝐲𝐥𝐢𝐜 𝐏𝐨𝐥𝐲𝐦𝐞𝐫 𝐌𝐚𝐫𝐤𝐞𝐭 𝐎𝐯𝐞𝐫𝐯𝐢𝐞𝐰
The acrylic polymer market has experienced significant growth due to its versatile applications across various industries, including paints and coatings, adhesives, textiles, and construction. Acrylic polymers are favored for…
Polymer Processing Aids: Enhancing Efficiency and Quality in Polymer Manufacturi …
Introduction
Polymer Processing Aids (PPAs) are indispensable additives used to improve the efficiency, quality, and cost-effectiveness of polymer manufacturing. These aids, often added in small quantities, significantly enhance polymer production by reducing surface defects, improving flow properties, and reducing wear on manufacturing equipment. Their role is critical in enabling smooth, uninterrupted processing, leading to higher-quality end products and improved manufacturing productivity. With the ever-growing demand for polymers across industries like automotive,…
What Are Lithium Polymer? Information About Lithium Polymer Batteries Guide
Did people know that Lithium Polymer power over 80% of the drones used in recreational and commercial applications today? Lithium Polymer (LiPo) batteries have become a staple in modern electronics. From powering smartphones and laptops to energizing drones and electric vehicles, these batteries offer a blend of high energy density and flexibility that makes them ideal for a wide range of applications. In this article, we'll dive deep into what…
Custom Polymer Synthesis Market 2023 Will Record Massive Growth, Trend Analysis …
The Custom Polymer Synthesis Market Trends Overview 2023-2030:
A new Report by Stratagem Market Insights, titled "Custom Polymer Synthesis Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2030," offers a comprehensive analysis of the industry, which comprises insights on the Custom Polymer Synthesis market analysis. The report also includes competitor and regional analysis, and contemporary advancements in the market.
This report has a complete table of contents, figures, tables, and charts,…
Silyl Modified Polymer (MS Polymer) Market Forecast Research Reports Offers Key …
Silyl Modified Polymer (MS Polymer) Market: Introduction
MS polymers, also known as silyl modified polymers or silyl terminated polymers, are polymers with a silane group. A silyl modified polymer (MS polymer) usually refers to a hybrid polymer backbone, usually polyurethane or polyether and a silane end group. Formulators can change the backbone polymer in sealants and adhesives utilizing MS polymers to match the specified application, achieving silicone-like performance while avoiding the…
