The global liquid crystal polymers (LCP) market has been estimated at USD 862.88 million in 2015 and is projected to reach USD 1,185.20 million by 2020, at a CAGR of 6.55% during the forecast period from 2015 to 2020. LCPs are used to produce electrical parts, food containers, automotive parts etc., as they contain high chemical, abrasion and fire resistance.
LCP have a wide variety of applications depending upon the manufacturing technique used. LCP can be observed in everyday life and are used for industrial, commercial and home use. Various major companies around the world manufacture them. Some of the industries that use LCPs are the electrical and electronics, automotive, food processing, consumer appliances and aerospace industries.
Market Dynamics of the Global Liquid Crystal Polymers Market:
Growing demand for high quality and durable electrical and electronic products in emerging economies
Growing usage of LCPs in automotive industry due to the strength, weight and abrasion resistance properties
Higher cost than most of the polymers Used by industries under strict requirements of high strength and heat resistance
Low bonding strength
The market has been geographically segmented into APAC, North America, Europe, South America and MEA. In terms of consumption in 2015, APAC led the market. It was followed by North America and Europe. This high usage is driven by a rapid growth in industrialization that occurred chiefly due to the foreign investments in developing countries of China and India.
Company profiles of the major LCP manufacturers been discussed in this study, these include:
Sumitomo Chemical Company
Key Deliverables in the Study:
Market analysis for the global liquid crystal polymers market, with region specific assessments and competition analysis on a global and regional scale.
Market definition along with the identification of key drivers and restraints.
Identification of factors instrumental in changing the market scenarios, rising prospective opportunities, and identification of key companies that can influence this market on a global and regional scale.
Extensively researched competitive landscape section with profiles of major companies along with their market share.
Identification and analysis of the macro and micro factors that affect the global liquid crystal polymers market on both global and regional scale.
A comprehensive list of key market players along with the analysis of their current strategic interests and key financial information.
A wide-ranging knowledge and insights about the major players in this industry and the key strategies adopted by them to sustain and grow in the studied market.
Insights on the major countries/regions in which this industry is blooming and to also identify the regions that are still untapped.
1.2 Research Methodology
1.3 Market Definition
2. Executive Summary
3. Market Insights
3.2 Industry Value Chain Analysis
3.3 Regulatory Policies Analysis
3.4 Industry Attractiveness – Porter’s 5 Force Analysis
3.4.1 Bargaining Power of Suppliers
3.4.2 Bargaining Power of Consumers
3.4.3 Threat of New Entrants
3.4.4 Threat of Substitute Products and Services
3.4.5 Degree of Competition
3.5 Raw Material Analysis
4. Market Dynamics
4.1.1 Rising Electrical and Electronics Market
4.1.2 Growing Automotive Usage of LCP
4.1.3 Burgeoning Thin Resin Coatings Market
4.2.1 Pricier than Other Polymers
4.2.2 Low Bonding Strength
4.3.1 Increasing Microwave Sales in Emerging Nations
4.3.2 Growing Healthcare Equipment Sales
5. Market Segmentation and Analysis
5.1 By Type
5.2 By Rigidity
220.127.116.11 Nematic Liquid Crystals
18.104.22.168 Cholesteric Phase
22.214.171.124 Smectic Phases
126.96.36.199 Ferroelectric Smectic C*
5.3 By End-User Industry
5.3.1 Electrical & Electronics
5.3.2 Home Appliances
6. Regional Analysis (Market size, growth and forecast)
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