Liquid Crystal Polymer Market is Expected to Reach a Value of 1.2 Billion USD by 2020

The report “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”, defines and segments the LCPs market with an analysis and forecast for applications and regions by volume as well as value. The LCPs market size by value is projected to reach USD 1.2 Billion by 2020, with a CAGR of 6.0% between 2015 and 2020.

Browse 70 market data Tables and 60 Figures spread through 129 Pages and in-depth TOC on "Liquid Crystal Polymer Market - Global Forecasts to 2020"

http://www.marketsandmarkets.com/Market-Reports/liquid-crystal-polymer-resin-market-79174129.html

Early buyers will receive 10% customization on this report.

“Asia-Pacific is the key market for liquid crystal polymer”

Asia-Pacific dominated the LCPs market in 2014. China is the key market for LCPs and accounted for morethan 45% of the global LCPs market. The growing demand for LCPs in various end-user industries such as electrical & electronics, consumer goods, and automotive is driving the market for LCPs in the region. Furthermore, the automotive and medical industry in North America and Europe drives the market for LCPs. Medical segment is expected to witness highest growth during the projected period.

Asia-Pacific is the fastest-growing market for LCPs during the projected period. The ensuing increase in investments and rise in the number of new manufacturing establishments is anticipated to witness Asia-Pacific emerge into a prime driver of growth for the LCPs market. Furthermore, the electrical & electronics segment is expected to witness high growth during the forecast period. This is due to the growing engineering resins demand for manufacturing ultra-thin electrical components in the region. Moreover, the rising demand from other industries such as consumer goods, automotive, lighting, and medical activities drive the market for LCPs in the Asia-Pacific region.

“Electrical & electronics application to dominate the global liquid crystal polymer market”

Electrical & electronics segment dominated the liquid crystal polymer market with 69.20% the global market share in 2014, in terms of volume. The growth is attributed to the expansion of electrical & electronics industry in the region. LCPs is utilized in a wide array of end-user industries focused on electronic components such as personal computers and mobile telephones, and the corresponding market has been witnessing rapid and continued growth. LCPs has come to be a requisite high performance material that has already well-known its position in the market as the finest choice for use in ultra-compact electronic parts, devices, and equipment. Automotive is the other key application area of LCPs and accounted for 8.20% in 2014, in term of volume. The growth in the automotive sector is attributed to adoption of lightweight, high performance materials from automotive industry worldwide.

“By Brand, LAPEROS LCP by Polyplastics dominate the global liquid crystal polymer market”

LCPs have the largest market share in the Asia-Pacific region with many Japanese players and their brands like LAPEROS LCP, SUMIKASUPER LCP, and SIVERAS LCP dominating the market. The market also has players from the U.S and the European region which cater to the respective markets through brands such as Vectra/Zenite LCP and XYDAR LCP. The LCPs market has been segmented by major brands of the top players, namely, LAPEROS LCP (Polyplastics), Vectra/Zenite LCP (Celanese), SUMIKASUPER LCP (Sumitomo Chemical), XYDAR LCP (Solvay), and SIVERAS LCP Resin (Toray).

Browse related Reports:

Polyether Ether Ketone (PEEK) Market by Application (Automotive, Aerospace, Electrical & Electronics, Medical, Industrial, and Others), by Product Types (Unfilled, Carbon filled, Glass filled, and Others), and by Geography - Global Forecast to 2020

http://www.marketsandmarkets.com/Market-Reports/polyether-ether-ketone-market-928.html

Electroactive Polymers Market by Type (Conductive Plastics, Inherently Conductive Polymers and Inherently Dissipative Polymers), by Application (Actuators, Antistatic Packaging, Capacitors, and Sensors) - Trends & Forecasts to 2020

http://www.marketsandmarkets.com/Market-Reports/electroactive-polymers-advanced-technologies-and-global-market-87.html

About MarketsandMarkets

MarketsandMarkets is world’s No. 2 firm in terms of annually published premium market research reports. Serving 1700 global fortune enterprises with more than 1200 premium studies in a year, M&M is catering to multitude of clients across 8 different industrial verticals. We specialize in consulting assignments and business research across high growth markets, cutting edge technologies and newer applications. Our 850 fulltime analyst and SMEs at MarketsandMarkets are tracking global high growth markets following the "Growth Engagement Model – GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors.

M&M’s flagship competitive intelligence and market research platform, "RT" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets. The new included chapters on Methodology and Benchmarking presented with high quality analytical infographics in our reports gives complete visibility of how the numbers have been arrived and defend the accuracy of the numbers.

We at MarketsandMarkets are inspired to help our clients grow by providing apt business insight with our huge market intelligence repository.

Contact:

Markets and Markets 

UNIT no 802, Tower no. 7, SEZ

Magarpatta city, Hadapsar

Pune, Maharashtra 411013, India

1-888-600-6441

sales@marketsandmarkets.com

Visit MarketsandMarkets Blog @ http://www.marketsandmarketsblog.com/market-reports/chemical

Connect with us on LinkedIn @ http://www.linkedin.com/company/marketsandmarkets