Global Liquid Crystal Polymer (LCP) Films and Laminates Market is Projected to Register a Healthy CAGR in the Forecast to 2026


Posted August 9, 2019 by andrelongbottom

Global liquid crystal polymer (LCP) films & laminates market is set to witness a substantial CAGR of 6.28% in the forecast period of 2019- 2026.

 
Global liquid crystal polymer (LCP) films & laminates market report provides complete background analysis of the Chemical and Materials industry which includes an assessment of the parental market. By thinking from customer point of view, a team of researchers, analysts and industry experts work carefully to generate this Global Liquid Crystal Polymer (LCP) Films and Laminates Market research report. A high quality global market research is brought together for the success of your business at international level. Competitor analysis is one of the most important aspects of market research report which helps businesses decide upon the strategies by comparing them with the competitors. Besides, this Global Liquid Crystal Polymer (LCP) Films and Laminates Market research report makes clients aware about the various strategies that are used by key players of the market.

Global liquid crystal polymer (LCP) films & laminates market is set to witness a substantial CAGR of 6.28% in the forecast period of 2019- 2026. The report contains data of the base year 2018 and historic year 2017. Increasing awareness about the application of LCP films and laminates and rising demand for high frequency electronics is the factor for the growth.

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Top Market Competitors:

Few of the major competitors currently working in the global liquid crystal polymer (LCP) films & laminates market are Celanese Corporation, Sumitomo Chemical Company, Polyplastics Co., Ltd., UENO FINE CHEMICALS INDUSTRY,LTD., TORAY INDUSTRIES, INC., Solvay, KURARAY CO., LTD., RTP Company, PolyOne Corporation, Rogers Corporation, Zeus Industrial Products, Inc., Murata Manufacturing Co., Ltd., LOTTE Fine Chemical, TCI Chemicals (India) Pvt. Ltd., Stack Plastics, CALSAK CORPORATION, Merck KGaA, and others.

Key Developments in the Market:

In April 2018, Polyplastics Co. Ltd., announced the launch of their new series of low-dielectric liquid crystal polymers Laperos E420P which is specially designed for the communication devices. The main aim of the launch is to meet the rising demand for low dielectric materials so that they can meet the autonomous automobiles requirement for 5G and V2X telecommunications. This will also help the company to expand their product portfolio.

In May 2019, Sumitomo Chemical Advanced Technologies LLC announced the launch of their two new SumikaSuper LCP grade for electronic industry. They are specially designed to meet the problems faced by fine-pitch connectors. SumikaSuper SZ6505HF has ability to provide thickness at or more than 0.10 mm and provide faster flows of parts and SumikaSuper SR2506 has flow at or below 0.08 mm

Competitive Analysis:

Global liquid crystal polymer (LCP) films & laminates market is highly fragmented and the major players have used various strategies such as new product launches, expansions, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market. The report includes market shares of liquid crystal polymer (LCP) films & laminates market for global, Europe, North America, Asia-Pacific, South America and Middle East & Africa.

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Segmentation: Global Liquid Crystal Polymer (LCP) Films and Laminates Market

Global Liquid Crystal Polymer (LCP) Films and Laminates Market By Product (Films, Laminates)

Application (Electrical & Electronics, Packaging, Automotive & Transportation, Medical Devices, Others)

Geography (North America, Europe, Asia-Pacific, South America, Middle East and Africa)

Market Drivers:

• Rising miniaturization of electrical components is the factor driving market growth
• Growth in the automobile industry will also propel market growth
• Increasing demand for liquid crystal polymer (LCP) films & laminates in electrical and electronics industry is also driving the growth of this market
• Rising disposable incomes will also drive the market growth
• Increasing awareness about the sustainable resources will also contribute as a factor for the growth of this market

Key Insights in the report:

• Complete and distinct analysis of the market drivers and restraints
• Key market players involved in this industry
• Detailed analysis of the market segmentation
• Competitive analysis of the key players involved

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Last Updated August 9, 2019