Liquid Crystal Polymers (LCP) Demand-Supply Analysis, By Processing Method, By Application, By End Use (Volume, Value) and Forecast Analysis

Scope of Report 

The Liquid Crystal Polymer report describes the global Liquid Crystal Polymer market, with focus on the country, applications and other end-use scenarios. The study provides

Market Data & Forecast (Short-term and Long-term)
•  Demand-Supply Analysis
•  Demand Composition, by Processing Method, Application and End-Use
•  Capacity & Production
•  Net Trade
•  Sales & Revenue
•  Pricing Analysis
•  Market Dynamics

Country Summaries & Product Review
•  Supply Demand Balance 
•  Liquid Crystal Polymer Market data in terms of volume and value for each end-use 
   at regional and country level
•  Liquid Crystal Polymer Market analysis for Production, Capacity and Demand, at regional and country level
•  Historical, Current & Market Forecast
•  Macro-economic factors like GDP, Population and World Economic integration
•  Economic & Energy Outlook
•  Industry & Policy Developments 
•  End-use Industry / Applications Market 
•  Reasoning & Analysis
•  Insightful Commentary
•  Market Review
•  Comparative Analysis
•  Latest Trends and market developments
•  Key players
•  Strategic Issues and Recommendations
•  Business Opportunity Assessment


Frequently Asked Questions

What is the current market size of Liquid Crystal Polymers (LCP)?
In 2022, the global LCP market size reached a valuation of USD 1.5 billion, with a growth projected at a CAGR of 6.4% to cross USD 3 billion by 2034. This strong growth can be attributed to the growing LCP demand from electrical & electronics, automotive and industrial applications.
What are the key drivers of the LCP market's demand growth?
The demand of Liquid Crystal Polymers (LCP) is driven by development of electrical & electronics infrastructure requirements. Miniaturization of electronic parts owing to the need of ultra-thin components and lead free soldering techniques are the major growth driving factor for LCPs in the electronics industry. Upsurge in LCP demand especially from Automotive Electrification, Internet of Things (IoT) and 5G are supporting the demand growth of Liquid Crystal Polymers
Which region is expected to dominate the global LCP market during the forecast period?
In 2023, Asia-Pacific was estimated to be the largest consumer, accounting for over 75% of the global LCP demand. China accounted for the major demand with strong demand from its electrical & electronics industry. The LCP market in Asia Pacific is estimated to continue its dominance in the forecast period on the back of strong electrical & electronics industry in the region
Who are the key players in the Global LCP market?
Currently, the major players in the manufacturing of neat LCP resins are Polyplastics, Ticona, Toray, Kingfa, Solvay, Sumitomo, and Ueno. Polyplastics is identified to be the largest producer with an installed capacity of around 17,000 tons as of 2023 closely followed by Sumitomo.