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Liquid Crystal Polymer (LCP) Market Share

Name: Liquid Crystal Polymer Market Size and Share | Statistics - 2024
Creator: Global Market Insights
License: https://www.gminsights.com/privacy-policy

Report ID: GMI2253
Published Date: Nov 2017
Report Format: PDF

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Liquid Crystal Polymer Market Share

Global liquid crystal polymer industry share is moderately concentrated with industry players including

Celenese
Solvay
Sumitomo
Polyplastics Co.
Toray International
Kuraray
RTP Co.

These industry participants focus on strengthening their production capacity along with expanding their distribution network and regional presence. Companies adopt various strategies like mergers, acquisition and partnerships to gain technological know-how along with expanding liquid crystal polymer market.

Authors: Kunal Ahuja, Sarita Bayas

Frequently Asked Questions (FAQ) :

According to the report published by Global Market Insights Inc., the LCP industry is supposed to attain $650 million (USD) by 2024.

In 2016, the global liquid crystal polymer business registered a remuneration of 375 Million (USD).

Growing demand for miniaturized electrical & electronics devices, rising need for lightweight, high performance materials from automotive industry, growth in electronics industry, growing plastic & polymer based product demand and strong crude oil production capacity are the major factors expected to drive the growth of global market.

Celanese Corporation, Solvay, Sumitomo Chemical Company, Polyplastics Co., Toray International, Kuraray America Inc., RTP Co., Zeus Industrial Products, TCI Chemicals Co., Ueno Fine Chemicals Industry Ltd. are some of the top contributors in the industry.