- Pallets
- Sheet
- Film
Latin America Liquid Crystal Polymer Market's 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. The automotive segment is one of the major applications for LCP. Latin America Liquid Crystal Polymer Market 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. The healthcare segment is expected to note a considerable CAGR. Augmented R&D programs through the practice of LCP in microelectronic and biotechnological aspects of healthcare has thereby fueled the liquid crystal polymer market. Technological advancements has made it conceivable to produce numerous medical equipment and devices by means of LCPs. Key players in liquid crystal polymer market enhance their product portfolio and consumer base by adopting striking market strategy like collaborations, acquisitions, technological innovations, among others. For instance, – in December 2017, Apple declared the adoption of speedy flexible LCP circuit board technology all over major product range.
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.
2021 is the base year and 2028 is the forecast year.
The report covers the five regions and 15+ countries market data: North America (United States, Canada), Europe (Germany, France, Italy, Spain, and United Kingdom (UK), Asia Pacific (China, India, Japan, Australia & New Zealand), Latin America (Brazil, Mexico, Argentina) and Middle East and Africa (Saudi Arabia, United Arab Emirates, South Africa).
In our report, we provide 12-15 market players’ information into the report. However, based on the client’s request we will provide additional country and regional market players information as well.