openPR Logo
Press release

Liquid Crystal Polymer (LCP) Market 2000-2025

11-23-2017 09:34 AM CET | Advertising, Media Consulting, Marketing Research

Press release from: Prismane Consulting

LCP Market Overview

LCP Market Overview

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 & Electronics and Consumer Electronics are so far the largest consumers of LCP and will continue being the major consumers in the long term forecast. Other applications for LCPs include: Automotive (power trains of hybrid cars), Industrial, Medical and other applications like Aerospace and Bake ware.
LCPs were first commercialised in 1980’s. Currently, the major players into manufacturing of neat LCP resins are: Polyplastics, Ticona, Toray, Solvay, Sumitomo and Ueno. Polyplastics is identified to be the largest producer with a manufacturing facility in Fuji, Japan. LCP resins manufacturing facilities are largely restricted to Japan, China and USA. The global capacities for LCP resins are around 60,000 tons with demand slightly over 35,000 tons. The global demand is expected to grow at a CAGR of 5.0 – 5.2% in the next 5-6 years.
In 2016, Asia-Pacific was estimated to be the largest consumer of LCPs accounting for over 75% of the global demand. China accounted for the major demand with strong demand from its electrical & electronics industry. Other Asian countries including Taiwan, Japan, India, Singapore and South Korea account for a descent share of the global demand.

Miniaturization of electronic parts owing to the need of ultra-thin components and lead free soldering techniques are the major growth driving factor for LCPs in the electronics industry. Growing population, increasing disposable income, and per capita consumption of plastics are some of the key factors supporting the growth in demand of plastics in the electronics industry. Its high prices compared to other commodity plastics put it to some disadvantage. However, its outstanding properties outweigh this and the market for LCP is likely to expand over the years.

For market information on Liquid Crystal Polymers (LCP) and other Engineering Plastics write to

Prismane Consulting is a unique global boutique consulting firm with an Indian origin. We present ourselves to the world outside providing management, economic and technical expertise to improve customer engagement, boost operational efficiency, reduce costs and achieve superior business results. Prismane Consulting serves leading businesses in the field of Chemicals, Petrochemicals, Polymers, Materials, Environment and Energy. We have been advising clients on their key strategic issues solving their toughest and most critical business problems.

Prismane Consulting
Office #519, Amanora Chambers, Amanora Park Town,
Hadapsar-Magarpatta Road,
Pune 411028

This release was published on openPR.

Permanent link to this press release:

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 (LCP) Market 2000-2025 here

News-ID: 829105 • Views: 569

More Releases from Prismane Consulting

Global Butadiene Market Overview
Global butadiene demand was estimated to be around 12296 kilo tons in 2018. The global butadiene market has grown at an average of 3.2% from 2014 to 2018 mainly due to strong demand from butadiene derivatives like Styrene Butadiene Rubber (SBR), Polybutadiene Rubber (PBR), Acrylonitrile Butadiene Styrene (ABS) and others in the Asia-Pacific region. The global butadiene market was impacted by the economic meltdown in 2008-2009. The demand declined during
Thermoplastic Copolyester (TPC) Elastomers Market Research Report, 2005-2025
Thermoplastic Elastomers (TPE) are versatile class of plastics exhibiting properties of both plastic and rubber. With its exceptional physical, mechanical and dynamic properties Thermoplastic Copolyesters (TPCs) have increasingly solidified their place as substitutes for metals and rubbers in many high strength applications. TPCs possess thermoplastic behavior with structural strength showing high resistance to impact and flex fatigue. These properties make thermoplastic copolyester elastomers suitable for various precision applications. It is
Fluorocarbon elastomers (FKM) over capacity and low operating rates in China
The global demand for fluoroelastomers was estimated to be around 26 kilo tons in 2017, growing between 3-4% since 2010. Fluorocarbon Elastomer (FKM) is the dominant fluoroelastomer accounting for more than 85% of the global fluoroelastomer consumption and it still remains a single largest driver for growth. Other fluoroelastomers include fluorosilicone and perfluoroelastomers. Asia Pacific is the biggest consumer followed by North America and Western Europe. Historically, FKM has been
Turbo Charged Engines to drive ACM demand?
About Polyacrylate Rubber (ACM) ACM is used in automotive applications such as hoses, seals, gaskets, dampers and constant velocity joints (CVJ). Other applications include electrical transmission seals, industrial hoses and adhesives. ACM is cost competitive rubber with slightly lower performance than its immediate competitor AEM (Ethylene Acrylate Elastomer). Hence, it can be used where the performance can be compromised to achieve better economy. Other high-end competitors include flouroelastomers (FKM and

All 5 Releases

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@ 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.
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
Liquid Crystalline Polymers (LCP) Market - Global Industry Size 2020
Liquid crystalline polymers (LCPs) are an exclusive group of linear polymers which can line up themselves parallel to one another to structure a liquid crystal phase. This alignment of the group of linear polymers is self-reinforcing and it eventually results in exceptional mechanical properties typically associated with a high degree of orientation. Liquid crystalline polymers (LCPs) showcase high flow and very low viscosity which results in complete filling of small