Liquid Crystal Polymers (LCPs) Market
Liquid Crystal Polymers (LCPs) Market Scope:
Industry Analysis, Market Size, Growth, Trends Till 2031
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Liquid Crystal Polymers (LCPs) Market Size and Growth
The global Liquid Crystal Polymers (LCPs) market is projected to experience significant growth due to increasing demand in various industries such as electronics, automotive, and aerospace. The market size is expected to reach USD 1.2 billion by 2025, driven by the superior properties of LCPs including high strength, heat resistance, and chemical inertness.
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Companies Covered
(Covid 19 Impact Covered)
◍ Celanese(US)
◍ Sumitomo Chemical(JP)
◍ Polyplastics(JP)
◍ Ueno Fine Chemicals(JP)
◍ Toray(JP)
◍ Solvay Plastic(BE)
◍ AIE(CN)
◍ Shanghai PRET(CN)
The Liquid Crystal Polymers (LCPs) Market is highly competitive with key players such as Celanese, Sumitomo Chemical, Polyplastics, Ueno Fine Chemicals, Toray, Solvay Plastic, AIE, and Shanghai PRET. Companies use LCPs in various industries like electronics, automotive, and medical to enhance performance and durability, thus driving market growth.
- Celanese (US) reported sales revenue of $6.1 billion.
- Sumitomo Chemical (JP) reported sales revenue of $11.6 billion.
- Polyplastics (JP) reported sales revenue of $2.9 billion.
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Market Segmentation
By Application
Automotive
Electronic
Medical Devices
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By Product
Market Growth
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$ X Billion USD
