1. Market Research
  2. > Materials
  3. > Plastic Market Trends
  4. > Liquid Crystal Polymers (LCP) Market Analysis By Application (Electrical & Electronics, Industrial Machinery, Automotive) And Segment Forecasts To 2020

Global liquid crystal polymers (LCP) market is expected to reach USD 1.23 billion by 2020. Shift in trend towards miniaturization of electrical components such as surface mount device and connectors is expected to drive global LCP market. Growing demand for lightweight, high performance materials from automotive industry in order to improve fuel efficiency is also expected to have a positive influence on the market growth. Lower welding strength and warpage associated with LCP is expected to remain a key challenge for market participants.

Electrical & electronics emerged as the leading application segment and accounted for 81.5% of total market volume in 2013. Growing engineering resins demand for manufacturing ultra-thin electrical components is expected to remain a key driving factor for this segment. LCP is favored over other engineering resins such as polyphenylene sulfide (PPS), nylon 46 and polyphthalamide (PPA) which has further propelled market growth. Electrical & electronics is also expected to witness the highest growth rate of 8.9% over the forecast period. LCP demand from automotive industry is expected to grow at an estimated CAGR of 7.3% from 2014 to 2020. Shift in trend towards adoption of lightweight, high performance materials from automotive industry particularly in the U.S. and Europe is expected to drive this segment.

Further key findings from the study suggest:

Global LCP demand was 46.1 kilo tons in 2013 and is expected to reach 81.7 kilo tons by 2020, growing at a CAGR of 8.6% from 2014 to 2020.
China was the leading regional market and accounted for 46.1% of total market volume in 2013. China is expected to continue its dominance over the forecast period owing to rapid expansion of electronics & electrical industry in the nation. Other Asian countries such as India, Japan, South Korea and Taiwan are also expected to witness steady growth over the forecast period.
Industrial machinery applications include ceramic material substitutes and mass transfer packaging in chemical industries. Increasing industrial machinery demand particularly in China and other Asian countries is expected to complement regional market growth.
North American LCP market is expected to reach USD 241.4 million by 2020, growing at an estimated CAGR of 7.3% from 2014 to 2020.
Global LCP market is highly consolidated with top four companies accounting for over three-fourth of total market. Some major companies operating in the global LCP market include Celanese Corporation, Polyplastics Co., Ltd, Solvay S.A and Sumitomo Chemical. Other companies include Toray International, Inc, Samsung Fine Chemicals and Ueno Fine Chemicals Industry Ltd.
For the purpose of this study, Grand View Research has segmented the LCP market on the basis of application and region:

Global Liquid Crystal Polymer (LCP) Application Outlook (Volume, Kilo Tons; Revenue, USD Million, 2012 – 2020)
- Electrical & Electronics
- Industrial Machinery
- Automotive
- Others
Global Liquid Crystal Polymer (LCP) Regional Outlook (Volume, Kilo Tons; Revenue, USD Million, 2012 – 2020)
- North America
- Europe
- China
- Rest of Asia Pacific

Table Of Contents

Liquid Crystal Polymers (LCP) Market Analysis By Application (Electrical and Electronics, Industrial Machinery, Automotive) And Segment Forecasts To 2020
Chapter 1. Executive Summary
1.1. Liquid Crystal Polymers (LCP)- Industry Summary and Critical Success Factors (CSFs)
Chapter 2. Liquid Crystal Polymers (LCP) Industry Outlook
2.1. Market Segmentation
2.2. Market Size and Growth Prospects
2.3. LCP Value Chain Analysis
2.4. LCP Market Dynamics
2.4.1. Market driver analysis
2.4.1.1. Increasing miniaturization of electrical components
2.4.1.2. Automobile industry growth
2.4.2. Market restraint analysis
2.4.2.1. Warpage and low welding strength
2.5. Key Opportunities Prioritized
2.6. LCP - Company Market Share Analysis, 2013
2.7. Industry Analysis - Porter's
2.8. LCP Market PESTEL Analysis, 2013
Chapter 3. Liquid Crystal Polymers (LCP) Application Outlook
3.1. Global LCP Market Share by Application, 2013 and 2020
3.2. Electronics and Electrical
3.2.1. Market estimates and forecast, 2012 - 2020, (Kilo Tons) (USD Million)
3.2.2. Market estimates and forecast by region, 2012 - 2020 (Kilo Tons) (USD Million)
3.3. Industrial Machinery
3.3.1. Market estimates and forecast, 2012 - 2020, (Kilo Tons) (USD Million)
3.3.2. Market estimates and forecast by region, 2012 - 2020 (Kilo Tons) (USD Million)
3.4. Automotive
3.4.1. Market estimates and forecast, 2012 - 2020, (Kilo Tons) (USD Million)
3.4.2. Market estimates and forecast by region, 2012 - 2020 (Kilo Tons) (USD Million)
3.5. Others
3.5.1. Market estimates and forecast, 2012 - 2020, (Kilo Tons) (USD Million)
3.5.2. Market estimates and forecast by region, 2012 - 2020 (Kilo Tons) (USD Million)
Chapter 4. Liquid Crystal Polymers (LCP) Regional Outlook
4.1. Global LCP Market Share by Region, 2012-2020
4.2. North America
4.2.1. Market estimates and forecast, 2012 - 2020, (Kilo Tons) (USD Million)
4.2.2. Market estimates and forecast by application, 2012 - 2020 (Kilo Tons) (USD Million)
4.3. Europe
4.3.1. Market estimates and forecast, 2012 - 2020, (Kilo Tons) (USD Million)
4.3.2. Market estimates and forecast by application, 2012 - 2020 (Kilo Tons) (USD Million)
4.4. China
4.4.1. Market estimates and forecast, 2012 - 2020, (Kilo Tons) (USD Million)
4.4.2. Market estimates and forecast by application, 2012 - 2020 (Kilo Tons) (USD Million)
4.5. Rest of Asia Pacific
4.5.1. Market estimates and forecast, 2012 - 2020, (Kilo Tons) (USD Million)
4.5.2. Market estimates and forecast by application, 2012 - 2020 (Kilo Tons) (USD Million)
Chapter 5. Competitive Landscape
5.1. Polyplastics Co., Ltd
5.1.1. Company Overview
5.1.2. Financial Performance
5.1.3. Product Benchmarking
5.1.4. Strategic Initiatives
5.2. Celanese Corporation
5.2.1. Company Overview
5.2.2. Financial Performance
5.2.3. Product Benchmarking
5.2.4. Strategic Initiatives
5.3. Sumitomo Chemical
5.3.1. Company Overview
5.3.2. Financial Performance
5.3.3. Product Benchmarking
5.3.4. Strategic Initiatives
5.4. Solvay S.A.
5.4.1. Company Overview
5.4.2. Financial Performance
5.4.3. Product Benchmarking
5.4.4. Strategic Initiatives
5.5. Toray International, Inc.
5.5.1. Company Overview
5.5.2. Financial Performance
5.5.3. Product Benchmarking
5.5.4. Strategic Initiatives
5.6. Ueno Fine Chemicals Industry Ltd.
5.6.1. Company Overview
5.6.2. Financial Performance
5.6.3. Product Benchmarking
5.6.4. Strategic Initiatives
5.7. Samsung Fine Chemicals
5.7.1. Company Overview
5.7.2. Financial Performance
5.7.3. Product Benchmarking
5.7.4. Strategic Initiatives
5.8. Shanghai PRET Composites Co., Ltd
5.8.1. Company Overview
5.8.2. Financial Performance
5.8.3. Product Benchmarking
5.8.4. Strategic Initiatives
Chapter 6. Methodology and Scope
6.1. Research Methodology
6.2. Research Scope and Assumptions
6.3. List of Data Sources


List of Tables

1. LCP - Industry Summary and Critical Success Factors (CSFs)
2. Global LCP market estimates and forecast, 2012 - 2020 (Tons) (USD Million)
3. Global LCP market volumes estimates and forecast by region, 2012 - 2020 (Kilo Tons)
4. Global LCP market revenue estimates and forecast by region, 2012 - 2020 (USD Million)
5. Global LCP market volume estimates and forecast by application, 2012 - 2020 (Kilo Tons)
6. Global LCP market revenue estimates and forecast by application, 2012 - 2020 (USD Million)
7. LCP - Key market driver analysis
8. LCP - Key market restraint analysis
9. LCP market estimates and forecast from electronics and electrical, 2012 - 2020 (Kilo Tons) (USD Million)
10. LCP volume estimates and forecast from electronics and electrical by region, 2012 - 2020 (Kilo Tons)
11. LCP revenue estimates and forecast from electronics and electrical by region, 2012 - 2020 (USD Million)
12. LCP market estimates and forecast from industrial machinery, 2012 - 2020 (Kilo Tons) (USD Million)
13. LCP market volume estimates and forecast from industrial machinery by region, 2012 - 2020 (Kilo Tons)
14. LCP market revenue estimates and forecast from industrial machinery by region, 2012 - 2020 (USD Million)
15. LCP market estimates and forecast from automotives, 2012 - 2020 (Kilo Tons) (USD Million)
16. LCP market volume estimates and forecast from automotives by region, 2012 - 2020 (Kilo Tons)
17. LCP market revenue estimates and forecast from automotives by region, 2012 - 2020 (USD Million)
18. LCP market estimates and forecast from other applications, 2012 - 2020 (Kilo Tons) (USD Million)
19. LCP market volume estimates and forecast from other applications by region, 2012 - 2020 (Kilo Tons)
20. LCP market revenue estimates and forecast from other applications by region, 2012 - 2020 (USD Million)
21. LCP market estimates and forecast in furniture and interiors industry, 2012 - 2020 (Kilo Tons) (USD Million)
22. North America LCP market estimates and forecast, 2012 - 2020 (Kilo Tons) (USD Million)
23. North America LCP market volume estimates and forecast by application, 2012-2020 (Kilo Tons)
24. North America LCP market revenue estimates and forecast by application, 2012-2020 (USD Million)
25. Europe LCP market estimates and forecast, 2012 - 2020 (Kilo Tons) (USD Million)
26. Europe LCP market volume estimates and forecast by application, 2012-2020 (Kilo Tons)
27. Europe LCP market revenue estimates and forecast by application, 2012-2020 (USD Million)
28. China LCP market estimates and forecast, 2012 - 2020 (Kilo Tons) (USD Million)
29. China LCP market volume estimates and forecast by product, 2012-2020 (Kilo Tons)
30. China LCP market revenue estimates and forecast by product, 2012-2020 (USD Million)
31. Rest of Asia Pacific LCP market estimates and forecast, 2012 - 2020 (Kilo Tons) (USD Million)
32. Rest of Asia Pacific LCP market volume estimates and forecast by application, 2012-2020 (Kilo Tons)
33. Rest of Asia Pacific LCP market revenue estimates and forecast by application, 2012-2020 (USD Million)


List of Figures

LCP market segmentation
Global LCP market estimates and forecasts, 2012 - 2020 (USD Million)
LCP - Value Chain Analysis
LCP - Market Dynamics
LCP-Company market share analysis, 2013
Key Opportunities - Prioritized
LCP - Porter's Analysis
LCP - PESTEL Analysis
Global LCP market volume share by application, 2013 and 2020
Global LCP market volume share by region, 2013 and 2020

View This Report »

Get Industry Insights. Simply.

  • Latest reports & slideshows with insights from top research analysts
  • 24 Million searchable statistics with tables, figures & datasets
  • More than 10,000 trusted sources
24/7 Customer Support

Talk to Veronica

+1 718 514 2762

Purchase Reports From Reputable Market Research Publishers
Polyurethane Chemicals & Products in South America 2016

Polyurethane Chemicals & Products in South America 2016

  • $ 7200
  • Industry report
  • November 2016
  • by IAL Consultants

IAL Consultants is pleased to announce the publication of the new edition of its report on the polyurethane chemicals and products markets in South America. The information contained within the report ...

High Performance Plastics – A Global Market Overview

High Performance Plastics – A Global Market Overview

  • $ 6300
  • Industry report
  • November 2016
  • by Industry Experts

High performance plastics are used in applications demanding higher requirements than standard and engineering plastics because of their high strength, good chemical resistance, low coefficient of friction, ...

Antimicrobial Packaging Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2016 - 2024

Antimicrobial Packaging Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2016 - 2024

  • $ 5795
  • Industry report
  • January 2017
  • by Transparency Market Research

Global Antimicrobial Packaging Market: Overview This report covers the analysis and forecast of the antimicrobial packaging market on a global and regional level. The study provides historic data of 2015 ...


ref:plp2016

Reportlinker.com © Copyright 2017. All rights reserved.

ReportLinker simplifies how Analysts and Decision Makers get industry data for their business.