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Liquid Crystal Polymers Market Report Scope & Overview:

The Liquid Crystal Polymers Market Size was valued at USD 1.41 billion in 2022, and expected to reach USD 2.70 billion by 2030, and grow at a CAGR of  8.5% over the forecast period 2023-2030.

Aromatic polymers include liquid-crystal polymers. They don't change in any way and are very resistant to fire. Liquid crystalline polymers (LCPs) are a type of thermoplastic that have properties between those of highly ordered solid crystalline materials and those of amorphous, disordered liquids over a well-defined temperature range.

Liquid Crystal Polymers Market Revenue Analysis

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Market Dynamics:

Drivers:

  • Rising consumer and medical application demand.

  • Increasing demand for lightweight materials for automotive parts.

  • The need for engineering resins to produce electrical components that are very thin.

Restraints:

  • Create attributes with extremely anisotropic forms and weak weld lines

Opportunity:

  • Innovations in technology, like 3D printing with liquid crystal polymers.

  • New applications of thermoplastic polymers.

Challenge:

  • There are a few problems with making liquid crystal polymers.

Impact of COVID-19:

COVID-19 has put the industrial and manufacturing sectors around the world into a new way of working that nobody knows about. Government rules about how many people can be in one place at once have had a big effect on the sector. For example, the virus is having a big effect on the industry that makes parts. The auto, electronics, and aerospace industries have stopped making things and running their factories. China is the main source of raw materials for most industries. So, problems in the supply chain also have a big effect on how much industry can make. The pandemic is making the world economy shrink. According to the World Economic Forum, the pandemic has also cut the world's need for oil by about 29 million barrels per day, from about 100 million barrels per day in 2019 to about 79 million barrels per day in 2020. OPEC and other oil companies agreed to cut output by 9.7 million barrels per day. COVID-19 will keep having an effect on all fields as long as the pandemic lasts. Loss of investments, lack of cash, lack of workers, problems with the supply chain, and overall economic uncertainty are all having a big impact on the industrial sector.

COVID-19 has also hurt the sales volume of companies that make liquid crystal polymers in the first and second quarters of 2020. Major market players are reducing the risk by putting a lot of attention on local management and market opportunities.

Market Segment:

By Application:

  • Electrical & electronics

  • Consumer goods

  • Automotive

  • Lighting

  • Medical

  • Others

By Form:

Liquid Crystal Polymers Market Segmentation Analysis

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Regional Analysis:

It gives an overview of the global liquid crystal polymers market and a forecast for it based on different segments. It also gives market size and forecast estimates from 2023 to 2030 for five major regions: North America, Europe, Middle East and Africa (MEA), Asia-Pacific (APAC), and South America. The liquid crystal polymers market is then broken down by country and segment for each region. The report looks at and makes predictions for 18 countries around the world. It also talks about the current trend and opportunities in the region.

The report also has profiles of companies that have an effect on the liquid crystal polymers market from both the demand and supply sides. It also looks at the drivers, restraints, opportunities, and future trends that will affect the market during the forecast period. After looking at the political, economic, social, and technological factors that affect the liquid crystal polymers market in North America, Europe, APAC, MEA, and South America, the report also gives an in-depth PEST analysis for each of these five regions.

REGIONAL COVERAGE:

  • North America

    • USA

    • Canada

    • Mexico

  • Europe

    • Germany

    • UK

    • France

    • Italy

    • Spain

    • The Netherlands

    • Rest of Europe

  • Asia-Pacific

    • Japan

    • south Korea

    • China

    • India

    • Australia

    • Rest of Asia-Pacific

  • The Middle East & Africa

    • Israel

    • UAE

    • South Africa

    • Rest of Middle East & Africa

  • Latin America

    • Brazil

    • Argentina

    • Rest of Latin America

Key Players:

Shanghai Pret Composites Co., Ltd., Ueno Fine Chemicals Industry Limited, Celanese Corporation, Sumitomo Chemical Company, Chang Chun Plastics Co. Ltd, Polyplastics Co., Ltd., Shenzhen Wote Advanced Materials Co. Ltd, JX Nippon Oil and Energy Corporation, Solvay SA, Toray International, Inc.

Ueno Fine Chemicals Industry Limited-Company Financial Analysis

Liquid Crystal Polymers Market Report Scope:
Report Attributes Details
Market Size in 2022 US$ 1.41 Billion
Market Size by 2030 US$ 2.70 Billion
CAGR CAGR of 8.5% From 2023 to 2030
Base Year 2022
Forecast Period 2023-2030
Historical Data 2020-2021
Report Scope & Coverage Market Size, Segments Analysis, Competitive  Landscape, Regional Analysis, DROC & SWOT Analysis, Forecast Outlook
Key Segments • By Application (Electrical & electronics, Consumer goods, Automotive, Lighting, Medical, Others)
• By Form (LCP Resins & Compounds, Liquid Crystal Polymer Films, Liquid Crystal Polymer Fibers)
Regional Analysis/Coverage North America (USA, Canada, Mexico), Europe
(Germany, UK, France, Italy, Spain, Netherlands,
Rest of Europe), Asia-Pacific (Japan, South Korea,
China, India, Australia, Rest of Asia-Pacific), The
Middle East & Africa (Israel, UAE, South Africa,
Rest of Middle East & Africa), Latin America (Brazil, Argentina, Rest of Latin America)
Company Profiles Shanghai Pret Composites Co., Ltd., Ueno Fine Chemicals Industry Limited, Celanese Corporation, Sumitomo Chemical Company, Chang Chun Plastics Co. Ltd, Polyplastics Co., Ltd., Shenzhen Wote Advanced Materials Co. Ltd, JX Nippon Oil and Energy Corporation, Solvay SA, Toray International, Inc.
DRIVERS • Rising consumer and medical application demand.
• Increasing demand for lightweight materials for automotive parts.
• The need for engineering resins to produce electrical components that are very thin.
Restraints • Create attributes with extremely anisotropic forms and weak weld lines.

Frequently Asked Questions

Ans: Primary or secondary type of research done by this reports.

Ans: Manufacturers, Consultant, aftermarket players, association, Research institute, private and universities libraries, suppliers and distributors of the product.

Ans: COVID-19 has put the industrial and manufacturing sectors around the world into a new way of working that nobody knows about. Government rules about how many people can be in one place at once have had a big effect on the sector. For example, the virus is having a big effect on the industry that makes parts. The auto, electronics, and aerospace industries have stopped making things and running their factories. China is the main source of raw materials for most industries. So, problems in the supply chain also have a big effect on how much industry can make. The pandemic is making the world economy shrink.

 

Ans: Innovations in technology, like 3D printing with liquid crystal polymers and New applications of thermoplastic polymers are the opportunity for Liquid Crystal Polymers Market.

Ans: Liquid Crystal Polymers Market Size was valued at USD 1.3 billion in 2021, and expected to reach USD 2.30 billion by 2028, and grow at a CAGR of  8.5 % over the forecast period 2022-2028.

Table of Contents

1. Introduction

1.1 Market Definition

1.2 Scope

1.3 Research Assumptions

2. Research Methodology

3. Market Dynamics

3.1 Drivers

3.2 Restraints

3.3 Opportunities

3.4 Challenges

4. Impact Analysis

4.1 COVID-19 Impact Analysis

4.2 Impact of Ukraine- Russia war

4.3 Impact of ongoing Recession

4.3.1 Introduction

4.3.2 Impact on major economies

4.3.2.1 US

4.3.2.2 Canada

4.3.2.3 Germany

4.3.2.4 France

4.3.2.5 United Kingdom

4.3.2.6 China

4.3.2.7 Japan

4.3.2.8 South Korea

4.3.2.9 Rest of the World

5. Value Chain Analysis

6. Porter’s 5 forces model

7.  PEST Analysis

8.Liquid Crystal Polymers Market  Segment, By Application

8.1 Electrical & electronics

8.2 Consumer goods

8.3 Automotive

8.4 Lighting

8.5 Medical

8.6 Others

9.Liquid Crystal Polymers Market  Segment, By Form

9.1 LCP Resins & Compounds

9.2 Liquid Crystal Polymer Films

9.3 Liquid Crystal Polymer Fibers

10. Regional Analysis

10.1 Introduction

10.2 North America

10.2.1 USA

10.2.2 Canada

10.2.3 Mexico

10.3 Europe

10.3.1 Germany

10.3.2 UK

10.3.3 France

10.3.4 Italy

10.3.5 Spain

10.3.6 The Netherlands

10.3.7 Rest of Europe

10.4 Asia-Pacific

10.4.1 Japan

10.4.2 South Korea

10.4.3 China

10.4.4 India

10.4.5 Australia

10.4.6 Rest of Asia-Pacific

10.5 The Middle East & Africa

10.5.1 Israel

10.5.2 UAE

10.5.3 South Africa

10.5.4 Rest

10.6 Latin America

10.6.1 Brazil

10.6.2 Argentina

10.6.3 Rest of Latin America

11. Company Profile

11.1 Shanghai Pret Composites Co., Ltd.

11.1.1 Financial

11.1.2 Products/ Services Offered

11.1.3 SWOT Analysis

11.1.4 The SNS view

12.Competitive Landscape

12.1 Competitive Benchmark

12.2 Market Share analysis

12.3 Recent Developments

13. Conclusion

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The 5 steps process:

Step 1: Secondary Research:

Secondary Research or Desk Research is as the name suggests is a research process wherein, we collect data through the readily available information. In this process we use various paid and unpaid databases which our team has access to and gather data through the same. This includes examining of listed companies’ annual reports, Journals, SEC filling etc. Apart from this our team has access to various associations across the globe across different industries. Lastly, we have exchange relationships with various university as well as individual libraries.

Secondary Research

Step 2: Primary Research

When we talk about primary research, it is a type of study in which the researchers collect relevant data samples directly, rather than relying on previously collected data.  This type of research is focused on gaining content specific facts that can be sued to solve specific problems. Since the collected data is fresh and first hand therefore it makes the study more accurate and genuine.

We at SNS Insider have divided Primary Research into 2 parts.

Part 1 wherein we interview the KOLs of major players as well as the upcoming ones across various geographic regions. This allows us to have their view over the market scenario and acts as an important tool to come closer to the accurate market numbers. As many as 45 paid and unpaid primary interviews are taken from both the demand and supply side of the industry to make sure we land at an accurate judgement and analysis of the market.

This step involves the triangulation of data wherein our team analyses the interview transcripts, online survey responses and observation of on filed participants. The below mentioned chart should give a better understanding of the part 1 of the primary interview.

Primary Research

Part 2: In this part of primary research the data collected via secondary research and the part 1 of the primary research is validated with the interviews from individual consultants and subject matter experts.

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Data Bank Validation

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