Liquid Crystal Polymer Market: By Product Type (Pallets, Sheet, Film), By Application (Automotive, Electrical & electronics, Energy, Healthcare, Industrial, Others), and Geography  

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Liquid Crystal Polymer Market size was valued at USD 1.2 billion in 2022 and is expected to grow at a CAGR of 8.2% from 2023-2029. Liquid crystal polymer has an excellent mold ability in thin sections, outstanding chemical resistance, and resistance to heat which makes it a preferred contender by various manufacturers. The growing prospective in the fields of medical and home appliances is projected to bid enormous prospects for the growth of the market. The rising acceptance of LCP in user goods is also projected to propel the market growth. However, the volatility of prices as compared to lead, is projected to dampen the market growth during the forecast period. This report studies global liquid crystal polymers market dynamics elaborately to identify the current trends & drivers, future opportunities and possible challenges to the key stakeholders operating in the market. In addition, global liquid crystal polymer market report includes human demographics; regulatory scenario, and competition analysis with vividly illustrated the competition dashboard to assess the market competition. Moreover, PBI analyzed global liquid crystal polymer market to better equip clients with possible investment opportunities across the regions (regional Investment Hot-Spots) and market unmet needs (Product Opportunities).

Global Liquid Crystal Polymer Market Summary

Study Period

2024-2030

Base Year

2023

CAGR

8.2%

Largest Market

North-America

Fastest Growing Market

Asia-Pacific
Liquid Crystal Polymer Market Dynamics

The upsurge in the demand for LCP can be owed to its various properties including low maintenance cost, environment-friendliness, improved performance characteristics such as minimum absorption of moisture, high modulus strength, low thermal expansion coefficient, and high flexibility. It has a wide range of scope in various end users. Automotive segment is one of the major applications for LCP. This can be attributed to wide range of properties such as it provides high temperature ultra-wear compounds for transmission seal rings and thrust washers, electrically conductive composites intended for fuel systems, EMI RFI protection for automated inclusions, light regulating compounds for LED electronics, cellulose fiber compounds for automotive application, thermally conductive composites for LEDs in addition to other heat sink applications. Moreover, due to increased safety, reduction of weight of vehicles, and lower emissions from vehicles further augments the segment growth.

Key Features of the Reports

  • Global liquid crystal polymer market expanding at significant CAGR over 2023 to 2029 due to growing disposable income.
  • Based on application, automotive segment accounted for larger market revenue share in 2021 and projected gain market revenue share over the forecast period
  • Players focusing on innovation of newer products and collaboration strategies to retain market position in global liquid crystal polymer market

Global Liquid Crystal Polymer Market Segmentation

By Product Type
  • Pallets
  • Sheet
  • Film
By Application
  • Automotive
  • Electrical & electronics
  • Energy
  • Healthcare
  • Industrial
  • Others
By Geography
  • North America
  • Asia Pacific
  • Europe
  • Latin America
  • Middle East and Africa
LOCATION

Geography

Frequently Asked Questions

The liquid crystal polymer market size was valued at USD 1.2 billion in 2022

The increasing demand for miniaturization of electronic & electrical components

Asia Pacific is the fastest-growing for liquid crystal polymer market

1.Executive Summary
2.Global Liquid Crystal Polymer Market Introduction 
2.1.Global Liquid Crystal Polymer Market  - Taxonomy
2.2.Global Liquid Crystal Polymer Market  - Definitions
2.2.1.Product Type
2.2.2.Application
2.2.3.Region
3.Global Liquid Crystal Polymer Market Dynamics
3.1. Drivers
3.2. Restraints
3.3. Opportunities/Unmet Needs of the Market
3.4. Trends
3.5. Product Landscape
3.6. New Product Launches
3.7. Impact of COVID 19 on Market
4.Global Liquid Crystal Polymer Market Analysis, 2018 - 2022 and Forecast 2023 - 2029
4.1.  Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029, (Sales Value USD Million)
4.2.  Year-Over-Year (Y-o-Y) Growth Analysis (%) 
4.3.  Market Opportunity Analysis 
5.Global Liquid Crystal Polymer Market  By Product Type, 2018 - 2022 and Forecast 2023 - 2029 (Sales Value USD Million)
5.1. Pallets
5.1.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029, (Sales Value USD Million)
5.1.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
5.1.3. Market Opportunity Analysis 
5.2. Sheet
5.2.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029, (Sales Value USD Million)
5.2.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
5.2.3. Market Opportunity Analysis 
5.3. Film
5.3.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029, (Sales Value USD Million)
5.3.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
5.3.3. Market Opportunity Analysis 
6.Global Liquid Crystal Polymer Market  By Application, 2018 - 2022 and Forecast 2023 - 2029 (Sales Value USD Million)
6.1. Automotive
6.1.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029, (Sales Value USD Million)
6.1.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
6.1.3. Market Opportunity Analysis 
6.2. Electrical & electronics
6.2.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029, (Sales Value USD Million)
6.2.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
6.2.3. Market Opportunity Analysis 
6.3. Energy
6.3.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029, (Sales Value USD Million)
6.3.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
6.3.3. Market Opportunity Analysis 
6.4. Healthcare
6.4.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029, (Sales Value USD Million)
6.4.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
6.4.3. Market Opportunity Analysis 
6.5. Industrial
6.5.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029, (Sales Value USD Million)
6.5.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
6.5.3. Market Opportunity Analysis 
6.6. Others
6.6.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029, (Sales Value USD Million)
6.6.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
6.6.3. Market Opportunity Analysis 
7.Global Liquid Crystal Polymer Market  By Region, 2018 - 2022 and Forecast 2023 - 2029 (Sales Value USD Million)
7.1. North America
7.1.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029, (Sales Value USD Million)
7.1.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
7.1.3. Market Opportunity Analysis 
7.2. Europe
7.2.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029, (Sales Value USD Million)
7.2.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
7.2.3. Market Opportunity Analysis 
7.3. Asia Pacific (APAC)
7.3.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029, (Sales Value USD Million)
7.3.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
7.3.3. Market Opportunity Analysis 
7.4. Middle East and Africa (MEA)
7.4.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029, (Sales Value USD Million)
7.4.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
7.4.3. Market Opportunity Analysis 
7.5. Latin America
7.5.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029, (Sales Value USD Million)
7.5.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
7.5.3. Market Opportunity Analysis 
8.North America Liquid Crystal Polymer Market ,2018 - 2022 and Forecast 2023 - 2029 (Sales Value USD Million)
8.1. Product Type Analysis 2018 - 2022 and Forecast 2023 - 2029 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
8.1.1.Pallets
8.1.2.Sheet
8.1.3.Film
8.2.  Application Analysis 2018 - 2022 and Forecast 2023 - 2029 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
8.2.1.Automotive
8.2.2.Electrical & electronics
8.2.3.Energy
8.2.4.Healthcare
8.2.5.Industrial
8.2.6.Others
8.3.  Country Analysis 2018 - 2022 and Forecast 2023 - 2029 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
8.3.1.United States of America (USA)
8.3.2.Canada
9.Europe Liquid Crystal Polymer Market ,2018 - 2022 and Forecast 2023 - 2029 (Sales Value USD Million)
9.1. Product Type Analysis  and Forecast  by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
9.1.1.Pallets
9.1.2.Sheet
9.1.3.Film
9.2.  Application Analysis 2018 - 2022 and Forecast 2023 - 2029 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
9.2.1.Automotive
9.2.2.Electrical & electronics
9.2.3.Energy
9.2.4.Healthcare
9.2.5.Industrial
9.2.6.Others
9.3.  Country Analysis 2018 - 2022 and Forecast 2023 - 2029 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
9.3.1.Germany
9.3.2.France
9.3.3.Italy
9.3.4.United Kingdom (UK)
9.3.5.Spain
9.3.6.Rest of EU
10.Asia Pacific (APAC) Liquid Crystal Polymer Market ,2018 - 2022 and Forecast 2023 - 2029 (Sales Value USD Million)
10.1. Product Type Analysis  and Forecast  by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
10.1.1.Pallets
10.1.2.Sheet
10.1.3.Film
10.2.  Application Analysis 2018 - 2022 and Forecast 2023 - 2029 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
10.2.1.Automotive
10.2.2.Electrical & electronics
10.2.3.Energy
10.2.4.Healthcare
10.2.5.Industrial
10.2.6.Others
10.3.  Country Analysis 2018 - 2022 and Forecast 2023 - 2029 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
10.3.1.China
10.3.2.India
10.3.3.Australia and New Zealand (ANZ)
10.3.4.Japan
10.3.5.Rest of APAC
11.Middle East and Africa (MEA) Liquid Crystal Polymer Market ,2018 - 2022 and Forecast 2023 - 2029 (Sales Value USD Million)
11.1. Product Type Analysis  and Forecast  by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
11.1.1.Pallets
11.1.2.Sheet
11.1.3.Film
11.2.  Application Analysis 2018 - 2022 and Forecast 2023 - 2029 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
11.2.1.Automotive
11.2.2.Electrical & electronics
11.2.3.Energy
11.2.4.Healthcare
11.2.5.Industrial
11.2.6.Others
11.3.  Country Analysis 2018 - 2022 and Forecast 2023 - 2029 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
11.3.1.GCC Countries
11.3.2.South Africa
11.3.3.Rest of MEA
12.Latin America Liquid Crystal Polymer Market ,2018 - 2022 and Forecast 2023 - 2029 (Sales Value USD Million)
12.1. Product Type Analysis  and Forecast  by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
12.1.1.Pallets
12.1.2.Sheet
12.1.3.Film
12.2.  Application Analysis 2018 - 2022 and Forecast 2023 - 2029 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
12.2.1.Automotive
12.2.2.Electrical & electronics
12.2.3.Energy
12.2.4.Healthcare
12.2.5.Industrial
12.2.6.Others
12.3.  Country Analysis 2018 - 2022 and Forecast 2023 - 2029 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
12.3.1.Brazil
12.3.2.Mexico
12.3.3.Rest of LA
13. Competition Landscape
13.1.  Market Player Profiles (Introduction, Brand/Product Sales, Financial Analysis, Product Offerings, Key Developments, Collaborations, M & A, Strategies, and SWOT Analysis) 
13.2.1.Celanese Corporation
13.2.2.Polyplastics Co. Ltd.
13.2.3.Solvay SA,
13.2.4.Sumitomo Chemical Co. Ltd.
13.2.5.Toray Industries Inc.
13.2.6.Ueno Fine Chemicals Industry Ltd.
13.2.7.Kuraray Co. Ltd.
13.2.8.Shanghai PRET Composites Co. Ltd.
13.2.9.RTP Company
13.2.10.Polyone Corporation
14. Research Methodology 
15. Appendix and Abbreviations 
  • Celanese Corporation
  • Polyplastics Co. Ltd.
  • Solvay SA,
  • Sumitomo Chemical Co. Ltd.
  • Toray Industries Inc.
  • Ueno Fine Chemicals Industry Ltd.
  • Kuraray Co. Ltd.
  • Shanghai PRET Composites Co. Ltd.
  • RTP Company
  • Polyone Corporation

Adjacent Markets