A new Report by Delvens, titled "Liquid Crystal Polymers Market” offers a comprehensive analysis of the industry, which comprises insights on the Global analysis. The report also includes competitor and regional analysis, and contemporary advancements in the market.

The liquid crystal polymers market is projected to reach a CAGR of 9.2% from USD 1.2 billion in 2021.

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Recent Developments

In September 2021, Polyplastics Co. Ltd decided to build a new polymerization facility at Polyplastics Taiwan Co. Ltd with a production capacity of 5,000 tons per year.

In August 2021, Sumitomo Chemical planned to raise the price of its liquid crystal polymer (LCP), as a result of rising raw material and logistics costs.

Regional Analysis

APAC to hold the largest market share in liquid crystal polymers market, in terms of value and volume during the forecast period. The growth of the liquid crystal polymers market in APAC is due to rapid expansion of the electrical & electronics industry.

Key Players

  • Polyplastics Co. Ltd
  • Celanese Corporation
  • Sumitomo Chemical Company
  • Shenzhen Wote Advanced Materials Co. Ltd
  • Kingfa Sci. & Tech. Co. Ltd.
  • Solvay S.A.
  • Toray Industries, Inc.
  • Kuraray Co. Ltd
  • Shanghai Pret Composites Co. Ltd.
  • UENO Fine Chemicals Industry Ltd.
  • RTP Company
  • ZEUS Industrial Products, Inc.
  • Chang Chun Plastics Co. Ltd
  • Lotte Fine Chemicals Co. Ltd
  • Mitsui Chemicals and More

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Liquid-crystal polymers (LCPs) are a class of aromatic polymers. They are unreactive and inert, resistant to fire, and perform well under harsh environments. LCPs offer high resistance to heat, electricity, and tolerance to chemical-resistance. These properties allow these components to perform well even in harsh environment making them capable for tolerating extreme heat conditions as well as resistant towards strong chemicals.

Demand for high-quality and durable electrical and electronic products in emerging economies are some of the factors that have supported long-term expansion for Liquid Crystal Polymers Market.

Liquid crystal polymers manufacturers have also experienced a negative impact of COVID-19 on sales volume in the first and second quarters of 2020. Major players in the market are mitigating the risk through a strong focus on local management and on market opportunities.

Liquid Crystal Polymers Market is segmented into application and region.

On the basis of Application

  • Electrical & electronics
  • Consumer goods
  • Automotive
  • Lighting
  • Medical

On the basis of Region

  • Asia Pacific
  • North America
  • Europe
  • South America
  • Middle East & Africa

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Reasons to Acquire

Increase your understanding of the market for identifying the best and suitable strategies and decisions on the basis of sales or revenue fluctuations in terms of volume and value, distribution chain analysis, market trends and factors

Gain authentic and granular data access for Liquid Crystal Polymers Market so as to understand the trends and the factors involved behind changing market situations

Qualitative and quantitative data utilization to discover arrays of future growth from the market trends of leaders to market visionaries and then recognize the significant areas to compete in the future

In-depth analysis of the changing trends of the market by visualizing the historic and forecast year growth patterns

In addition to the market data for Liquid Crystal Polymers Market, Delvens offers client-centric report and customized according to the company’s specific demand and requirement.

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