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LCPs Liquid Crystal Polymers are partially crystalline aromatic polyesters based on phydroxybenzoic acid and related monomers. LCPs form areas of highly ordered structures when in the liquid phase but the degree of order is less than that of a regular solid crystal. LCPs are fire resistant at high temperatures and chemically resistant in very thin walled applications. LCPs are typically used for medical applications, including trays and drug delivery systems, and in diagnostics for the automotive and telecommunication industries.
Currently, LCP is still a highend engineering plastics, compared to traditional engineering plastics, it has an absolute performance advantage, it is possible for few to manufacture the product, which leads to downstream consumer of bargaining power is not high, but upstream raw materials declining year by year, LCP product prices have reduced, but only slightly.
The main areas of application for LCP are automotive and electronics fields, including aerospace electronic devices, especially the higher margin areas, and therefore, Gradually, some manufacturers enter the field, but the product performance and stability there is a gap, resulting from market share rate is not high. While the development is relatively slow.
On the point of downstream consumer market, China is a big market, while developing very rapidly, especially China's automobile industry and the electronics industry has become the second largest market. it led the development of a large number of downstream manufacturing companies.
Over the next five years, LPILP Information projects that Liquid Crystal Polymer will register a 2.1% CAGR in terms of revenue, reach US$ 1270 million by 2023, from US$ 1120 million in 2017.
This report studies the global market, especially in North America, Europe, AsiaPacific, South America, Middle East and Africa, focuses on the top 5 players in each region, with sales, price, revenue and market share from 2013 to 2018, the top players:
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Market Segment by Regions, this report splits Global into several key Regions, with sales, revenue, market share of top players in these regions, from 2013 to 2018 forecast, like
North America United States, Canada and Mexico
AsiaPacific China, Japan, Southeast Asia, India and Korea
Europe Germany, UK, France, Italy and Russia etc.
South America Brazil, Chile, Peru and Argentina
Middle East and Africa Egypt, South Africa, Saudi Arabia
Split by Product Types, with sales, revenue, price, market share of each type, can be divided into
Split by applications, this report focuses on sales, market share and growth rate in each application, can be divided into
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