The global Liquid Crystal Polymer Market share report provides numbers for applications and regional segments of the industry covering historical as well as forecast data for decision makers.

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Liquid Crystal Polymer Market outlook, regional growth
& industry share by 2024: Global Market Insights, Inc.
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2.  Liquid Crystal Polymer Market to exceed USD 650 million by 2024; according to a
new research report by Global Market Insights, Inc. Increasing consumer goods
demand & strong application outlook in ultra-compact electronic devices like
mobiles, laptops & televisions and electrical devices like motors, stators, sockets &
PCB’s should drive liquid crystal polymer market size. Rising per capita income along
with growing living standards should complement product demand.
 LCP’s are high performance engineering plastics based on p-hydroxy phthalic acid
(HPA) and related monomers. It has wide application outlook in packaging and
consumer goods industry owing to its mechanical & physical properties and
processability. It also offers excellent mechanical properties at high temperature,
chemical resistance and weatherability.
 Liquid crystal polymers market size from automotive application should grow at over
5.5% during projected period. This growth in product demand can be ascribed to
consumer demand for high-end vehicles and inclination towards miniaturizing
electronic devices. LCP’s can be melt processed on any conventional equipment into
thin as well as heavy wall components at fast speed propelling industry growth.
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 Global Market Scenario of Polymer Industry
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3.  U.S. liquid crystal polymer industry size will witness steady gains in revenue generation
surpassing USD 90 million by 2024. This regional industry growth can be attributed to
strong R&D investments for product enhancements.
 Growing demand for non-petroleum based and environment friendly materials in like
automobiles, electronics and consumer goods industries will further bolster product
demand.
 Key feedstock materials required for liquid crystal polymer production include p-
hydroxy benzoic acid and p-hydroxy phthalic acid. Application of these raw materials in
numerous end-use industries may restrain supply-demand dynamics and high
production cost of the end-product might hinder industry growth. Recent surge in
application in packaging microelectromechanical systems (MEMS) should drive LCP
market size.
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5.  Liquid crystal polymer market size from medical application should witness gains at over
4.5% during forecast period owing to strong application scope in medical devices &
equipment industry. Product ability to substitute other materials like polyphenylene
sulfide, nylon and polyphthalamide in medical device industry should strengthen industry
growth.
 Liquid crystal polymer are also wide application in production of sockets, bobbins,
connectors, switches, chip carriers, dental tools, pumps, meters and valve liners. These
materials emit low viscosity and high flowability filling intricate molds completely making
liquid crystal polymers a good choice for manufacturing ultrathin and miniature parts of
thickness less than 0.1 mm and shorter cycle times.
 Liquid crystal polymer market size from consumer goods application will grow significantly
by 2024 due to good microwave frequency conductivity with low dissipation factors,
commercial availability and relatively low dielectric constant. It is widely used in
manufacturing microwave friendly utensils, containers and packaging.
 360° Industry Analysis
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6.  Germany LCP market size should signify steady growth and surpass USD 20 million by
2024. These gains can be attributed to increasing number of automobile and OEM
industry participants who focus on using lightweight and high-performance materials
to comply emission standards set forth by environment protection agencies and
improve fuel efficiency.
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 Regional Analysis:
 Competitive Analysis:
 Global liquid crystal polymers market share is competitive & moderately
fragmented with industry participants including Toray, RTP Co., Zeus Industrial,
Sumitomo Chemical, Solvay and Celanese. Companies concentrate on improving
their distribution network towards other regions and set up manufacturing plants
near raw material sources. They adopt strategies including mergers, acquisitions
and partnerships to increase their production capacity and expand regional
presence.

7. Latest Research Report On Liquid Crystal Polymer (LCP) Market @
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