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    Liquid Crystal Polymer (LCP) Market - Size, Share, Trend & Forecast Analysis | Covid-19 Impact Analysis

    Liquid Crystal Polymer (LCP) Market - Size, Share, Trend & Forecast Analysis | Covid-19 Impact Analysis

    Liquid Crystal Polymer (LCP) Market - Size, Share, Trend & Forecast Analysis  | Covid-19 Impact Analysis
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    Impact of COVID-19 on Liquid Crystal Polymer Market

    Covid-19 has impacted the market dynamics, competition, and global...

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    Impact of COVID-19 on Liquid Crystal Polymer Market

    Covid-19 has impacted the market dynamics, competition, and global supply chains. The revenues has gone down in 2020 and may resume an uptrend gradually form 2021. Companies optimizing their operation and statergy will sustain and beat the competition.

    Note: The summary below might not have included insights on covid impact since we have large number of reports.

    Liquid Crystal Polymer (LCP) Market Insights

    Liquid Crystal Polymer (LCP) Market is likely to witness an impressive CAGR of 7.2% during the forecast period. The global market is propelled by the growing demand from various end-use industries, such as consumer goods, electrical & electronics, automotive, lighting, and medical, among others. 

    Liquid Crystal Polymer (LCP) Market - Snapshot

    Growth

    7.2% for the next five years

    Major Application Type

    Electrical & electronics

    Region with the highest demand

    Asia-Pacific

    Key Players

    Celanese Corporation, Polyplastics Co., Ltd., Polyone Corporation, Sumitomo Chemical Company Limited, Solvay SA, Shanghai Pret Composites Co., Ltd., Toray International, Inc., and Ueno Fine Chemicals Industry Limited.

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    Market Share Analysis

    Liquid Crystal Polymer (LCP) Market Share: By Application Type 

     Based on the application type, the market is segmented as electrical & electronics, consumer goods, automotive, lighting, medical, and others. The electrical & electronics segment is projected to be the largest segment in the coming five years. On the other hand, the medical application segment is estimated to register the highest growth during the forecast period. The increasing demand for LCPs from various end-use industries, such as electrical & electronics, consumer goods, automotive, lighting, medical, and others are anticipated to drive the market. Further, the premium properties of LCPs and growing resin replacements for ultra-thin components are bolstering the market for LCPs.

    Liquid Crystal Polymer (LCP) Market Share: By Region

    In terms of regions, the Asia-Pacific region is estimated to witness the highest growth in the liquid crystal polymer market in the coming five years. The growing end-user industry is the prime driver of the market in the region. China dominated the regional market and accounted for 70.10% share of the total Asia-Pacific’s market volume in 2018. China is estimated to maintain its dominance during the forecast period, owing to the rapid development of the electrical & electronics industry in the country. Other Asia-Pacific countries, such as Japan, South Korea, India, and Taiwan are also expected to depict a steady growth in the coming five years. On the other side, North America and Europe are expected to observe a moderate growth during the forecast period, owing to the shifting of end-user manufacturing base, such as consumer goods and electrical & electronics, in the Asia-Pacific region. However, shift in trend towards the acceptance of lightweight, high performance materials from the automotive sector, majorly in North America and Europe is expected to fuel the liquid crystal polymer market in the mentioned regions.

    Liquid Crystal Polymer (LCP) Market: Key Players

    Some of the major players in the liquid crystal polymer market are Celanese Corporation, Polyplastics Co., Ltd., Polyone Corporation, Sumitomo Chemical Company Limited, Solvay SA, Shanghai Pret Composites Co., Ltd., Toray International, Inc., and Ueno Fine Chemicals Industry Limited.      

     

    Market Scope & segmentation

    Liquid Crystal Polymer (LCP) is mainly an aromatic polymer type. These polymers are known for a high resistance towards the fire and for their inert property.

    Liquid Crystal Polymer (LCP) has its application at a number of places such as electrical & electronics, consumer goods, automotive, lighting, medical, and others.

    This report studies the market covering a period of 12 years of trend and forecast. The report provides detailed insights into the market dynamics to enable informed business decision making and growth strategy formulation based on the opportunities present in the market.

    Liquid Crystal Polymer (LCP) Market Report - Features

    Market Segmentation

    3

    Regions Covered

    4

    Countries/Sub-Regions Covered

    15

    No. of Figures & Tables

    >150

    Company Profiles

    8

        

    The liquid crystal polymer market is segmented into the following categories. 

    Liquid Crystal Polymer Market Size, Share & Forecast, by Application Type:

    • Electrical & Electronics (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
    • Consumer Goods (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
    • Automotive (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
    • Lighting (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
    • Medical (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
    • Others (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)

    Liquid Crystal Polymer Market Size, Share & Forecast, by Brands Type:

    • Laperos LCP (Polyplastics) (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
    • Vectra/Zenite LCP (Celanese) (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
    • Sumikasuper LCP (Sumitomo Chemical) (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
    • Xydar LCP (Solvay SA) (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
    • Siveras LCP Resin (Toray) (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
    • Others (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)

    Liquid Crystal Polymer Market Size, Share & Forecast, by Region:

    • North America (Country Analysis: the USA, Canada, and Mexico) 
    • Europe (Country Analysis: Germany, France, the UK, Russia, and Rest of Europe)
    • Asia-Pacific (Country Analysis: China, Japan, India, and Rest of Asia-Pacific)
    • Rest of the World (Sub-Region Analysis: Latin America, the Middle East, and Others)

     

    Research Methodology

    This report offers high-quality insights and is the outcome of detailed research methodology comprising extensive secondary research, rigorous primary interviews with industry stakeholders and validation and triangulation with Stratview Research’s internal database and statistical tools. More than 1,000 authenticated secondary sources, such as company annual reports, fact book, press release, journals, investor presentation, white papers, patents, and articles have been leveraged to gather the data. We conducted more than 10 detailed primary interviews with the market players across the value chain in all four regions and with industry experts to obtain both the qualitative and quantitative insights.

     

    Report Features

    This report provides market intelligence in the most comprehensive way. The report structure has been kept such that it offers maximum business value. It provides critical insights into the market dynamics and will enable strategic decision making for the existing market players as well as those willing to enter the market. The following are the key features of the report:

    • Market structure: Overview, industry life cycle analysis, supply chain analysis
    • Market environment analysis: Growth drivers and constraints, Porter’s five forces analysis, SWOT analysis
    • Market trend and forecast analysis
    • Market segment trend and forecast
    • Competitive landscape and dynamics: Market share, product portfolio, product launches, etc.
    • Attractive market segments and associated growth opportunities
    • Emerging trends
    • Strategic growth opportunities for the existing and new players
    • Key success factors

     

    Report Customization Options

    With this detailed report, Stratview Research offers one of the following free customization options to our respectable clients:

    Company Profiling

    • Detailed profiling of additional market players (up to 3 players)
    • SWOT analysis of key players (up to 3 players)

    Market Segmentation

    • Current market segmentation of any one of the application types by brands type.  

    Competitive Benchmarking

    • Benchmarking of key players on the following parameters: Product portfolio, geographical reach, regional presence, and strategic alliances

    Custom Research: Stratview Research offers custom research services across sectors. In case of any custom research requirement related to market assessment, competitive benchmarking, sourcing and procurement, target screening, and others, please send your inquiry at [email protected]


    General Frequently Asked Questions (FAQs)

    What is Liquid Crystal Polymer (LCP)?

    Liquid Crystal Polymer (LCP) is mainly an aromatic polymer type. These polymers are known for a high resistance towards the fire and for their inert property. Liquid Crystal Polymer (LCP) has its application at a number of places such as electrical & electronics, consumer goods, automotive, lighting, medical, and others.

    What will be the CAGR of the Liquid Crystal Polymer (LCP) Market?

    Liquid Crystal Polymer (LCP) Market is likely to witness an impressive CAGR of 7.2% during the forecast period. The global market is propelled by the growing demand from various end-use industries, such as consumer goods, electrical & electronics, automotive, lighting, and medical, among others.

    Which country/region is expected to remain the largest Liquid Crystal Polymer (LCP) Market?

    In terms of regions, the Asia-Pacific region is estimated to witness the highest growth in the liquid crystal polymer market in the coming five years.

    Who are the key players in the Liquid Crystal Polymer (LCP) Market?

    Some of the major players in the liquid crystal polymer market are Celanese Corporation, Polyplastics Co., Ltd., Polyone Corporation, Sumitomo Chemical Company Limited, Solvay SA, Shanghai Pret Composites Co., Ltd., Toray International, Inc., and Ueno Fine Chemicals Industry Limited.

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