Home » Manufacturing & Industry, Science, Technology, World » Global Liquid Crystal Polymer Market to Grow at 6.0% CAGR to 2020
The world liquid crystal polymer market holds immense potential for a variety of applications which depend on an optical or a mechanical response to external stimuli. The LCPs market is projected to register a CAGR of 6.0% between 2015 and 2020 to reach USD 1.2 Billion, by 2020

This report estimates the LCPs market for 2015, and projects its expected market size till 2020. It also provides a detailed qualitative and quantitative analysis of the market. Various secondary sources, such as encyclopedia, directories, and databases are used to identify and collect information that is useful for this extensive commercial study.

Complete report on high temperature coatings market spread across 129 pages, profiling 8 companies and supported with 70 tables and 60 figures is now available at:
http://www.rnrmarketresearch.com/liquid-crystal-polymer-market-by-application-electrical-electronics-consumer-goods-lightning-automotive-medical-others-and-by-brands-laperos-lcp-vectra-zenite-sumikasuper-xydar-siveras-others-global-forecasts-to-2020-market-report.html

The report analyzes the LCPs market trends and forecasts till 2020. The market size has been provided in terms of market volume (Tons) and value (USD million). The report also identifies prominent players and provides analysis for each player in terms of company overview, financials, product portfolio, recent developments, and company strategy.

Liquid crystal polymers (LCPs) are chemically aromatic co-polyesters. But they differ from the engineering plastics PET and PBT most notably in their molecular structure. They are known for their high temperature resistance, excellent mechanical properties, good solvent resistance and low water absorption compared to other heat-resistant polymers. They have good electrical insulation properties, low flammability and a low coefficient of thermal expansion. LCPs exhibit very low viscosity and high flow to completely fill small and intricate molds, making LCPs the favorite choice for making miniature and ultrathin parts down to 0.1-mm wall thickness with extremely short cycle times. LCPs are used in electrical, automotive, chemical processing, medical, and household applications. They are also used for oven and microwave cookery. The LCPs market is projected to register a CAGR of 6.0% between 2015 and 2020 to reach USD 1.2billion, by 2020.

Electrical & electronics segment is estimated to be the largest application of the LCPs market. Liquid crystal polymer segment is projected to grow at the highest rate in global LCPs market between 2015 and 2020. Increasing engineering resin substitutes for ultra-thin components is one of the major reasons for the growth in this market.

Asia-Pacific is leading the LCPs market. Growth in Asia-Pacific is led by the rising demand from electrical & electronics applications, consumer goods, and automotive, lightning, medical applications. Major brands like Polyplastics (Japan), SUMIKASUPER LCP by Sumitomo Chemical (Japan) and SIVERAS LCP by Toray international (Japan) are the major players which dominate this market. The demand is expected to grow at a comparatively slower pace in North America and Europe as LCPs market has nearly saturated in the region. XYDAR LCP by Solvay S.A. (Belgium) and Vectra/Zenite by Celanese Corporation (U.S) are the major brands which cater to the European and the North American region respectively.

The LCPs market is projected to register strong growth rate between 2015 and 2020. The company profiled in this report includes Polyplastics Co., Ltd (Japan), Celanese Corporation (U.S.), Sumitomo Chemical (Japan), Solvay S.A. (Belgium), Toray International, Inc. (Japan), Ueno Fine Chemicals Industry Ltd. (Japan), Shanghai PRET Composites Co., Ltd (Japan), among others.

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On a related matter, Polymer Nanocomposites Market forecasts 21-23% CAGR to 2020 for Materials & Chemicals industry. The report includes the segmentation on the basis of Type, Application and Region. BYK Additives (Germany), 3D System(U.S.), Foster Corporation (U.S.), Industrial Nanotech (U.S.), Hybrid Plastics Inc. (U.S.), Inframat Corporation (U.K.), InMat Inc. (U.S.), Nanocor Incorporated (U.S.) and other companies mentioned in this 143 pages research, available at:
http://www.rnrmarketresearch.com/polymer-nanocomposites-market-by-type-carbon-nanotube-metal-oxide-nanofiber-nanoclay-graphene-and-others-by-application-packaging-automotive-aerospace-defense-electronics-semiconductor-market-report.html


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