Report Highlights
The global market for liquid crystal polymers is expected to grow from $957.5 million in 2023 to $1.3 billion by the end of 2028, at a compound annual growth rate (CAGR) of 6.1% from 2023 through 2028.
Report Includes
- 122 data tables and 56 additional tables
- Overview and analysis of the global markets for liquid crystal polymers (LCPs)
- Analyses of the global market trends, with historical market revenue data (sales figures) for 2022, estimates for 2023, forecasts for 2024, and projections of compound annual growth rates (CAGRs) through 2028
- Estimate of the current market size and revenue growth prospects for the LCP market, along with a market share analysis by form, application, end-use industry and geographic region
- Facts and figures pertaining to the major market dynamics, opportunities and challenges, emerging technologies, future prospects and impacts of macroeconomic variables
- Analysis of market opportunities with a holistic review of the Porter’s Five Forces model and a supply chain analysis taking into account the micro- and macro environmental factors prevailing in the marketplace
- Overview of the sustainability trends and ESG developments in the global LCP market, with emphasis on consumer attitudes, ESG score analysis, and the ESG practices followed by leading companies
- Analysis of patents related to LCP technology
- Analysis of the competitive landscape, including leading companies’ market shares, recent M&A activity, and venture funding outlook
- Profiles of the leading market players
Report Scope
In this report the market for liquid crystal polymers is segmented based on form, application, end user, and region. By form the market is segmented into compounds, fibers/threads, and sheets/films. By application the market is segmented into composites and components, coatings, additives, and others. By end user the market is segmented into semiconductors/electronics, automotive, healthcare, consumer goods, aerospace, and others. The report segments the market by region by Asia-Pacific, Europe, North America, and the Rest of the World (RoW).
BCC Research analyzed essential classifications and regions to determine the present and future status of the market for liquid crystal polymers and to forecast market growth from 2023 to 2028. This report also discusses market strategies, value chain structure, key players, and driving forces of the market.
The report also features a separate section highlighting the sustainability perspective of the liquid crystal polymer market at the global level. The section covers companies’ performance on different ESG (Environment, Social, and Governance) parameters.
The market estimations and size are provided in terms of value ($ millions) and volume (tons), with 2022 serving as the base year and market forecasts given for the period 2023 to 2028. Regional-level market sizes, with respect to technology and application, are also provided.
Report Synopsis
Report Metrics | Details | ||||||||||||||||
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Base year considered | 2022 | ||||||||||||||||
Forecast period considered | 2023-2028 | ||||||||||||||||
Base year market size | $914.5 million | ||||||||||||||||
Market size forecast | $1.3 billion | ||||||||||||||||
Growth rate | CAGR of 6.1% from 2023 to 2028 | ||||||||||||||||
Units considered | $ Millions (Value) and Tons (Volume) | ||||||||||||||||
Segments covered | By Form, Application, End Use, and Region | ||||||||||||||||
Regions covered | North America, Europe, Asia-Pacific, and the Rest of the World (RoW) | ||||||||||||||||
Countries covered | U.S., Canada, Mexico, Germany, United Kingdom, France, Rest of Europe, China, Japan, South Korea, India, Rest of Asia-Pacific, Latin America, Middle East and Africa | ||||||||||||||||
Key Market Drivers |
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Companies studied |
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Frequently Asked Questions (FAQs)
- Increasing demand of LCP resins, composites, and other compounds.
- High growth from emerging end-user industries.
- Increased demand from new-era EV automobiles.
- Continuous growing applications in the healthcare segment.
Analyst Credentials
BCC Research Team possesses expertise and experience in life and physical science domains. They specialize in offering valuable business insights, including industry analysis, competitor intelligence, strategic and financial analysis, and opportunity assessment. The team has in-depth knowledge of various sectors, including healthcare, biotechnology, pharmaceuticals, IT, automation, advanced materials, and energy. They are proficient in qualitative and quantitative market intelligence providing clients with actionable insights. With a vast understanding of the competitive landscape, the team can support clients in making data-driven decisions to help them achieve a competitive edge in their respective markets.
Report Highlights
The global market for liquid crystal polymer (LCP) should reach over $1.5 billion by 2021 from $1.2 billion in 2016 at a compound annual growth rate (CAGR) of 5.1%, from 2016 to 2021.
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