Liquid Crystal Polymers Market Is Expected To Generate Huge Profits by 2017-2027

Liquid Crystal Polymers Market Is Expected To Generate
Huge Profits by 2017-2027
May 2017
Report Id : REP-GB-2708
Status : Ongoing
Category : Chemicals and Materials
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Liquid Crystal Polymers Market
As frequencies tend to upsurge for the next generation of wireless applications, the integration
techniques as well as materials in radio frequency systems are facing more challenging performance
constraints. In addition, consumers are demanding repeatedly better performance with minimal surge in
price. The new material technologies must be identified that can concurrently tackle these performance
challenges, environmental variation, frequency, and cost. The commercial production of liquid crystal
polymer (LCP) started in the mid-1980s, and they could not be injection molded at that time. Today, liquid
crystal polymers can be melt processed on any conventional equipment into heavy as well as thin wall
components at very fast speeds. Liquid crystal polymers are materials that have gained attention as a
packaging material and potential high performance microwave substrate. They are available in market in
liquid as well as solid forms.
Liquid crystal polymers are unique group of linear polymers which are inert, highly chemical resistant and
unreactive. During the melting and injection molding, liquid crystal polymers show low viscosity and high
flow to fill the intricate molds completely, making liquid crystal polymers a good choice for manufacturing
of ultrathin and miniature parts with less than 0.1 mm thickness and short cycle times. Liquid crystal
polymers possess various physical and chemical properties such as high stiffness, high flow, and high
temperature resistance, which makes it suitable for their use in product miniaturization in the electrical &
electronics industry and microinjection molding. Liquid crystal polymers are utilized in various
applications focusing on electronic components that include smartphones, laptop, desktop, and tablets.
Further, liquid crystal polymers are consumed for automotive and industrial applications as well as in
aerospace and medical. Owing to their increasing consumption in various end-use industries, the liquid
crystal polymers market is expected to increase at a high CAGR over the forecast period (2017–2027).
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Liquid Crystal Polymers Market
Global Liquid Crystal Polymers Market: Dynamics
Rising demand for high performance and lightweight materials from the automobile industry in order to
manufacture fuel efficient vehicles and reduce carbon emissions is expected to have a positive impact on
the growth of liquid crystal polymers market. Moreover, shifting trend toward the miniaturization of
electronic as well as electrical components such as SMT connectors with high density of pin, surface
mounting devices and other microelectronic devices is also expected to fuel the demand of liquid crystal
polymers in near future. The aforementioned factors are expected to drive the global liquid crystal
polymers market and their demand is expected to increase at a significant CAGR through 2026. The key
challenges faced by market players in the global liquid crystal polymers market include their low welding
strength, etc., nonetheless, efforts are being made to enhance their physical and chemical properties to
overcome such challenges.
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Global Liquid Crystal Polymers Market: Segmentation
Out of the many ways by which the global liquid crystal polymers market can be segmented is on the
basis of end-use industry, which segments as the following:
• Electrical & Electronics
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Liquid Crystal Polymers Market
• Automotive
• Aerospace
• Industrial
• Others (medical, cookware, etc.)
Global Liquid Crystal Polymers Market: Region-wise Outlook
Asia pacific region is estimated to remain among the key consumers of liquid crystal polymers across the
globe by 2017 end, owing to the expansion of electrical & electronics industry in the region. Within the
Asia Pacific region, China accounts for a significant share in the regional liquid crystal polymers market.
Rising investments and increase in number of manufacturing sites are expected to drive the market
growth for liquid crystal polymers in the APAC region. Asia-pacific is also expected to witness a high
growth over the forecast period. North America and Europe are anticipated to register steady growth in
the global liquid crystal polymers market between 2017 and 2026.
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Liquid Crystal Polymers Market
Global Liquid Crystal Polymers Market: Market Participants
Examples of some of the market participants in the liquid crystal polymers market, identified across
the value chain, include Polyplastics Co., Ltd., Sumitomo Chemical Co., Ltd., Celanese Corporation,
Solvay S.A., Ueno Fine Chemicals Industry Ltd., Toray International, Inc., SAMSUNG FINE CHEMICALS
CO. LTD., and Shanghai PRET Composites Co., Ltd. among others.
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