'Liquid Crystal Polymers: Global Markets' is basically a
report or study that looks at how liquid crystal polymers are doing
all around the world. These are special kinds of materials that
have some really cool properties like being able to handle heat and
electricity in unique ways. The report talks about how big the
market is, what's trending, what's driving sales, what problems
there might be, and it also looks at different regions and how
they're doing. It's helpful for people who are interested in these
materials, like businesses, investors, researchers, and people who
work in the industry.
BOSTON, May 6, 2024
/PRNewswire/ -- According to the latest BCC Research study,
the demand for Liquid Crystal Polymers: Global
Markets expected to grow from $957.5
million in 2023 and will reach $1.3
billion by the end of 2028 at a compound annual growth rate
(CAGR) of 6.1% from 2023 through 2028.
This report looks at how liquid crystal polymers are doing in
different forms, applications, end users, and regions. It splits
the market into compounds, fibers/threads, and sheets/films for
forms; composites and components, coatings, additives, and others
for applications; and semiconductors/electronics, automotive,
healthcare, consumer goods, aerospace, and others for end users. It
focuses on regions like Asia-Pacific, Europe, North
America, and the Rest of the World. The report predicts how
the market will grow from 2023 to 2028 and talks about market
strategies, key players, and what's driving the market. It also
looks at how environmentally friendly the companies in this market
are and provides estimations in terms of value and volume, starting
from 2022.
Liquid crystal polymers are getting noticed in medicine because
they're tough and strong. They're being used to make medical stuff
like catheters, which are those flexible tubes doctor's use.
Companies like ZEUS have figured out how to make these catheters
MRI-friendly by using special fibers. So, with liquid crystal
polymers, we can make all sorts of medical gear that's as strong as
metal but much lighter.
To discover additional insights and findings concerning the
Global Market for Liquid Crystal Polymers, click here to gain a
thorough understanding of its intricacies.
Liquid Crystal Polymers: Global Markets is driven by factors
such as:
- Increasing Demand for LCP Resins, Composites and Other
Compounds.: More and more people want Liquid Crystal Polymer
(LCP) materials like resins, composites, and other types. They're
needed in industries like electronics, cars, airplanes, and
healthcare because LCPs are strong, can handle heat well, and don't
get damaged easily by chemicals. This makes them great for all
sorts of things.
- High Growth from Emerging End-user
Industries.: Industries like electronics, cars, airplanes,
and healthcare are growing fast and they need more products made
from Liquid Crystal Polymers (LCPs). These materials are strong,
can handle heat well, and last a long time, which makes them
perfect for making things in these industries.
- Increased Demand from New-era EV Automobiles: Electric
cars are increasingly common nowadays, and they require materials
known as Liquid Crystal Polymers (LCPs). These materials are highly
beneficial because they're lightweight, have excellent heat
resistance, and are durable. That's why they're used in various
components of electric cars, contributing to the rising demand for
them in this industry.
- Continuous Growing Applications in the Healthcare
Segment: The use of Liquid Crystal Polymers (LCPs) in
healthcare is growing steadily. They're being used more and more in
medical settings to make new devices, equipment, and implants. As
technology gets better and we find more ways to use LCPs, they
become even more important in healthcare.
Request a Sample Copy of the Liquid Crystal
Polymers: Global Markets
Report
Synopsis
Report
Metrics
|
Details
|
Base year
considered
|
2022
|
Forecast Period
considered
|
2023-2028
|
Base year market
size
|
$914.5
million
|
Market Size
Forecast
|
$1.3 billion
|
Growth Rate
|
CAGR of 6.1% from 2023
to 2028
|
Segment
Covered
|
By Form, Application,
End Use, and Region
|
Regions
covered
|
North America, Europe,
Asia-Pacific, and Rest of the World
|
Countries
covered
|
U.S., Canada, Germany,
U.K., France, Italy, Spain, China, Japan, India
|
Key Market
Drivers
|
•
Increasing use of synthesized oligos in
therapeutic applications.
•
Rising government investments for
synthetic biology and genome projects.
•
Growing focus on personalized
medicine
|
Segmentation Analysis of Liquid Crystal Polymers: Global
Markets:
- In terms of form, the market is segmented into-
When
it comes to different types, the market is split into compounds,
fibers/threads, and sheets/films.
- In terms of application, the market is segmented
into-
When discussing the usage of these materials, they are
categorized into additives, coatings, composites, and components,
as well as other applications.
- In terms of end-user, the market is segmented
into-
When it comes to who uses these materials, they're
divided into different groups. These include semiconductor and
electronics companies, automotive manufacturers, healthcare
providers, consumer goods companies, aerospace industries, and some
other sectors as well.
- In terms of region type, the market is segmented
into-
When looking at different parts of the world, the
market is split into four major regions: North America, Asia-Pacific, Europe, and the Rest of the World.
This report on liquid crystal polymers: global markets
provide comprehensive insights and analysis, addressing the
following key questions:
- What is the projected market size and growth rate of the
market?
The estimated market size of the liquid crystal polymer market will
be $1,286.1 million by 2028, with a
CAGR of 6.1%.
- What are the key factors driving the growth of the market?
Increasing demand of LCP resins, composites, and other
compounds
High growth from emerging end-user industries
Increased demand from new-era EV automobiles
Continuous growing applications in the healthcare segment
- What segments are covered in the market?
The market is segmented based on form, application, end-user, and
region. Segmentation based on form, the market is segmented into
compounds, fibers/threads, and sheets/films. Based on application,
the market is segmented into composite & components, coating,
additives, and others. Based on end-users, the market is segmented
into semiconductors/electronics, automotive, health care, consumer
goods, aerospace, and others. Regional estimates and forecasts
comprise North America,
Europe, Asia-Pacific, and the Rest of the World
(RoW).
- By end-user, which segment will dominate the market by the end
of 2028?
The semiconductors/electronics segment will continue to dominate
the market by the end of 2028.
- Which region has the highest market share in the market?
Asia-Pacific holds the largest
market share due to the extensive presence of key players in this
region and the high demand for electronics applications.
Some of the Key Market Players Are:
- AKRO-PLASTIC GMBH
- AVIENT CORP.
- BARLOG PLASTICS GMBH
- CELANESE CORP.
- DUPONT
- KURARAY CO. LTD.
- NEMATX AG
- POLYPLASTICS CO. LTD.
- RTP CO.
- SABIC
- SUMITOMO CHEMICAL CO. LTD.
- SYENSQO
- TORAY INDUSTRIES INC.
- TOYOBO CO. LTD.
- UENO FINE CHEMICALS INDUSTRY LTD.
- ZEUS CO. LLC
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Directly Purchase a copy of the report with BCC
Research.
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touch with info@bccresearch.com.
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