Global liquid crystal polymer (LCP) films and laminates market was valued US$ 2.11 Bn 2019 and is expected to reach US$ 5.34 Bn by 2027, at a CAGR of 7.34% during a forecast period.
The liquid crystal polymer is the family of crystalline aromatic polyester mainly produced by using suitable resins. Liquid crystal polymers are generally available in solid and fluid form. Liquid form is more advantageous over solid as it is suitable for molding above melting point in presence of high temperature. Also LCP provides excellent mechanical property at high temperature, high temperatures, excellent chemical resistance, intrinsic flame retardancy and intrinsic flame retardancy virtuous climate capability, which distribute numerous application in emerging end-user sector.
The report study has analyzed the revenue impact of COVID-19 pandemic on the sales revenue of market leaders, market followers, and disrupters in the report, and the same is reflected in our analysis.
Advancement in electrical and electronic industries is major growth driver to LCP films and laminate demand. It has broad range of application making it lucrative opportunity for the manufacturers. It’s properties like temperature resistant to certain limits, moisture resistant, low dielectric constant, non-halogen flame-retardant ability making are helping it to drive the market.
Liquid Crystal Polymer (LCP) Films and Laminates Market Regional analysis
Regionally, APC is anticipated to witness the fastest market growth during the forecast period expanding at a CAGR of XX% over the forecast period. Growing consumption of product together with mounting demand for healthcare and consumer goods in the county is expected to boost the market growth. Asia Pacific documented for major revenue holder for the plastic film market, followed by markets in Europe, North America, Middle East & Africa and Latin America, the respectively. Speedy expansion beside with emerging infrastructure advancement events in developing economies such as, India, Indonesia, and China is anticipated to push market growth.
Furthermore, presence of large number of market firms in the region is estimated to drive the market growth during estimated years.
The objective of the report is to present a comprehensive analysis of the Global Liquid Crystal Polymer (LCP) Films and Laminates Market including all the stakeholders of the industry. The past and current status of the industry with forecasted market size and trends are presented in the report with the analysis of complicated data in simple language. The report covers all the aspects of the industry with a dedicated study of key players that includes market leaders, followers and new entrants. PORTER, SVOR, PESTEL analysis with the potential impact of micro-economic factors of the market have been presented in the report. External as well as internal factors that are supposed to affect the business positively or negatively have been analysed, which will give a clear futuristic view of the industry to the decision-makers.
The report also helps in understanding Global Liquid Crystal Polymer (LCP) Films and Laminates Market dynamics, structure by analysing the market segments and project the Global Liquid Crystal Polymer (LCP) Films and Laminates Market size. Clear representation of competitive analysis of key players by Application, price, financial position, Product portfolio, growth strategies, and regional presence in the Global Liquid Crystal Polymer (LCP) Films and Laminates Market make the report investor’s guide.
Scope of Liquid Crystal Polymer (LCP) Films and Laminates Market
Global Liquid Crystal Polymer (LCP) Films and Laminates Market, Type
• LCP Laminates
• LCP Films
Global Liquid Crystal Polymer (LCP) Films and Laminates Market, By Application
• Automotive and Transportation
• Electrical and Electronics
• Medical Devices
Global Liquid Crystal Polymer (LCP) Films and Laminates Market, By Region
• North America
• Asia Pacific
• Latin America
• Middle East & Africa
Key Players Operating the Liquid Crystal Polymer (LCP) Films and Laminates Market,
• Celanese Corporation
• Sumitomo Chemical Company
• Polyplastics Co
• Toray International
• Kuraray America Inc
• Zeus Industrial Products
• TCI Chemicals Co
• Ueno Fine Chemicals Industry Ltd
• PolyOne Corp
• Rogers Corp
• RTP Co
• WOTE Advanced Material
• Murata Manufacturing
• Seyang Polymer
• Toray Group
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