The Liquid Crystal Polymers research study offers market analysis, strategies and planning, R&D landscape, target audience management, market potential, due diligence, and competitive landscape. Additionally, the research incorporates data of various companies, benefits, gross margin, global market strategic decisions, etc., through tables, graphs, and infographics.
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Liquid Crystal Polymers Market with Impact Analysis of Covid-19 by Application (Electrical & Electronics, Consumer Goods, Automotive, Lighting, Medical) and Region (APAC, North America, Europe, South America, Middle East and Africa) – Global Forecast to 2026 The Liquid Crystal Polymers Market is expected to reach USD 1.8 Billion by 2026, growing at a CAGR of 8.2% from USD 1.2 Billion in 2021.
The report provides a comprehensive analysis of the company profiles listed below:
- Polyplastics Co. Ltd (Japan)
- Celanese Corporation (USA)
- Solvay SA (Belgium)
- Toray Industries Inc. (Japan)
- Sumitomo Chemicals Co.Ltd. (Japan)
“Electrical and electronics hold the largest liquid crystal polymer market share between 2021 and 2026.”
Electrical and electronics accounted for the largest liquid crystal polymer market size, in terms of value in 2020. The market size was estimated at USD 1,152 million in 2020 and is expected to register a CAGR of 8.2% between 2021 and 2026, in terms of value. The medical application of liquid crystal polymers is expected to experience the highest CAGR of 9.6% between 2021 and 2026.
“Emergence of next-generation technologies such as 5G and 3D printing”
Next-generation technologies such as 5G and 3D printing are major drivers for the growing demand for liquid crystal polymers. The demand for liquid crystal polymers is growing at a very rapid rate with a multitude of applications ranging from electrical and electronics and automotive to consumer goods, sports, entertainment and medical devices. Additionally, increasing application of liquid crystal polymer films in flexible solar cells due to their exceptional heat resistance and low water absorption capacity is also bolstering the market gains. Additionally, rapidly growing technologies, such as 5G communication and 3D printing, present high growth challenges for the liquid crystal polymer market.
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“South America is expected to be the fastest growing liquid crystal polymer market over the forecast period, in terms of value.”
In terms of value, South America is expected to experience the highest CAGR of 9.5% between 2021 and 2026; however, the largest market for liquid crystal polymers is APAC with a CAGR of 8.6% over the same period. The growth of the liquid crystal polymer market in the APAC region is driven by the rapid expansion of the electrical and electronics industry. Growing domestic demand coupled with affordable manufacturing facilities is expected to continue driving the demand for liquid crystal polymers from various applications in APAC.
Liquid Crystal Polymers Market Competitive Landscape:
2 strategies adopted by key players
2.1 Overview of Strategies Adopted by Major Liquid Crystal Polymers Manufacturers
3 Market Share Analysis
3.1 Ranking of major market players, 2020
3.2 Market Share of Major Players
3.2.1 Polyplastics Co. Ltd.
3.2.2 Celanese Corporation
3.2.3 Sumitomo Chemicals Co. Ltd.
3.2.4 Solvay SA
3.2.5 Toray Industries, Inc.
4 Top Five Players Revenue Analysis
5 Company Product Footprint Analysis
6 Business Rating Quadrant
6.2 Emerging Leaders
7 Quadrant for assessment of start-ups/SMEs
7.1 Progressive companies
7.2 Reactive companies
7.3 Starting blocks
8 Competitive Situation and Trends
8.1 New product launches
8.3 Other developments
This report segments the Liquid Crystal Polymers market based on application and region, and provides estimates of overall market value across different regions. A detailed analysis of major industry players has been conducted to provide insights into their business overviews, products and services, key strategies, new product launches, expansions, and mergers and acquisitions associated with the Polymer market. liquid crystals.
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