Market Research Logo

Global Liquid Crystal Polymers Market 2017-2021

Global Liquid Crystal Polymers Market 2017-2021

About Liquid Crystal Polymers

Liquid crystal polymer (LCP) is a class of aromatic thermoplastics that depicts a high degree of anisotropy in both solid and liquid crystal phases. Some of the commonly used LCPs are polyethylene terephthalate (PET) co-polyester, co-polyamide, and polyester-amide.

Liquid crystal is of two types: Thermotropic and lyotropic. The thermotropic liquid crystal changes phase as the temperature changes. An example of a thermotropic liquid crystal is aromatic polyesters. In the case of lyotropic liquid crystals, a phase transition occurs as a function of concentration and temperature.

Technavio’s analysts forecast the global liquid crystal polymers market to grow at a CAGR of 5.98% during the period 2017-2021.

Covered in this report

The report covers the present scenario and the growth prospects of the global liquid crystal polymers market for 2017-2021. To calculate the market size, the report considers the sales generated for LCPs in key end-user such as electrical and electronics, consumer goods, lighting, automotive, medical applications, and others.

The market is divided into the following segments based on geography:

  • Americas
  • APAC
  • EMEA
Technavio's report, Global Liquid Crystal Polymers Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Key vendors
  • Celanese Corporation
  • Solvay
  • Sumitomo Chemical
  • TORAY INDUSTRIES
  • UENO FINE CHEMICALS INDUSTRY
Other prominent vendors
  • DIC Corporation
  • Evonik Industries
  • Polyplastics
  • RTP Company
  • Unitika
Market driver
  • Technological advancement and increasing demand for LCDs
  • For a full, detailed list, view our report
Market challenge
  • Currency fluctuations
  • For a full, detailed list, view our report
Market trend
  • Increasing investment in fabs
  • For a full, detailed list, view our report
Key questions answered in this report
  • What will the market size be in 2021 and what will the growth rate be?
  • What are the key market trends?
  • What is driving this market?
  • What are the challenges to market growth?
  • Who are the key vendors in this market space?
  • What are the market opportunities and threats faced by the key vendors?
  • What are the strengths and weaknesses of the key vendors?


Press Release

Technavio Announces the Publication of its Research Report – Global Liquid Crystal Polymers Market 2017-2021

Technavio recognizes the following companies as the key players in the global liquid crystal polymers market: Celanese Corporation, Solvay, Sumitomo Chemical, TORAY INDUSTRIES, and UENO FINE CHEMICALS INDUSTRY.

Other Prominent Vendors in the market are: DIC Corporation, Evonik Industries, Polyplastics, RTP Company, and Unitika.

Commenting on the report, an analyst from Technavio’s team said: “The latest trend gaining momentum in the market is Increasing investment in fabs. To stay competitive in the market, LCD panel manufacturers, such as AUO, BOE, China Star, CEC Panda, Samsung Display, and LG Display are investing in new fabrication facilities to expand their existing fabs production capacity. The majority of the manufacturers are emphasizing on building fabs Gen 8, which is the best generation line for TFT LCD.”

According to the report, one of the major drivers for this market is Technological advancement and increasing demand for LCDs. The display industry is dynamic and characterized by changing consumer behavior. Therefore, display manufacturers continue to innovate and develop various technologies and products, such as display panels with in-plane switching (IPS) technology and quantum dots LCD displays. The light source for conventional LCD displays includes a cold-cathode fluorescent lamp (CCFL). The rise in demand for high-resolution displays for supporting high-bandwidth digital content drives the manufacturers toward next generation technologies.

Further, the report states that one of the major factors hindering the growth of this market is Currency fluctuations. The major vendors of the LCP market are from China, Japan, South Korea, and Taiwan. The end users are from Japan, China, South Korea, Taiwan, and few in the US. When offshore sales contribute a major part to the revenue, exchange rate and currency fluctuations could have a high impact on it and the profit margin.

Companies Mentioned

Celanese Corporation, Solvay, Sumitomo Chemical, TORAY INDUSTRIES, UENO FINE CHEMICALS INDUSTRY, DIC Corporation, Evonik Industries, Polyplastics, RTP Company, and Unitika.

  • Executive summary
  • Scope of the report
  • Research Methodology
  • Introduction
    • Market Outlook
    • Critical aspects of LCP market
      • Table Critical aspects of LCP industry
  • Market landscape
    • Global LCP market
      • Table Global LCP market 2016 and 2021 ($ millions)
      • Table Market forecast: Global LCP market 2016-2021
    • Five forces analysis
      • Table Five forces analysis
  • Market segmentation by end use
    • Global LCP market by end use
      • Table Global LCP market by end-use 2016
      • Table Global LCP market by end-use 2021
    • Global LCP market for electrical and electronics sector
      • Table Global LCP market for electrical and electronics 2016 and 2021 ($ millions)
      • Table Market forecast: Global LCP market for electrical and electronics sector 2016-2021
    • Global LCP market for consumer goods sector
      • Table Global LCP market for consumer goods 2016 and 2021 ($ millions)
      • Table Market forecast: Global LCP market for consumer goods sector 2016-2021
    • Global LCP market for lighting sector
      • Table Global LCP market for lighting 2016 and 2021 ($ millions)
      • Table Market forecast: Global LCP market for lighting sector 2016-2021
    • Global LCP market for automotive sector
      • Table Global LCP market for automotive 2016 and 2021 ($ millions)
      • Table Market forecast: Global LCP market for automotive sector 2016-2021
    • Global LCP market for medical sector
      • Table Global LCP market for medical 2016 and 2021 ($ millions)
      • Table Market forecast: Global LCP market for medical sector 2016-2021
    • Global LCP market for other sectors
      • Table Global LCP market for other sectors 2016 and 2021 ($ millions)
      • Table Market forecast: Global LCP market for other sectors 2016-2021
  • Geographical segmentation
    • Global LCP market by geography
      • Table Global LCP market by geography 2016
      • Table Global LCP market by geography 2021
    • LCP market in APAC
      • Table LCP market in APAC 2016 and 2021 ($ millions)
      • Table Market forecast: LCP market in APAC 2016-2021
    • LCP market in Americas
      • Table LCP market in Americas 2016 and 2021 ($ millions)
      • Table Market forecast: LCP market in Americas 2016-2021
    • LCP market in EMEA
      • Table LCP market in EMEA 2016 and 2021 ($ millions)
      • Table Market forecast: LCP market in EMEA 2016-2021
  • Decision framework
  • Drivers and challenges
    • Market drivers
      • Table Production areas in key ASEAN countries
    • Market challenges
  • Market trends
    • Increasing investment in fabs
    • Use of LCP in high-quality medical components
    • Stiff competition between OLEDs and LCDs
  • Vendor landscape
    • Competitive scenario
  • Key vendor analysis
    • Key market vendors
      • Table Global LCP Market: Major vendors 2016
    • Other prominent vendors
    • Celanese Corporation
      • Table Celanese Corporation: Business segmentation by revenue 2016
      • Table Celanese Corporation: Geographical segmentation by revenue 2016
    • Solvay
      • Table Solvay: Business segmentation by revenue 2016
      • Table Solvay: Geographical segmentation by revenue 2016
      • Table Solvay: Product offerings 2016
    • Sumitomo Chemical
      • Table Sumitomo Chemical : Business segmentation by revenue 2016
      • Table Sumitomo Chemical: Geographical segmentation by revenue 2016
    • TORAY INDUSTRIES
      • Table TORAY INDUSTRIES: Business segmentation by revenue 2016
      • Table TORAY INDUSTRIES: Geographical segmentation by revenue 2016
    • UENO FINE CHEMICALS INDUSTRY
  • Appendix
    • List of abbreviations
  • Explore Technavio

Download our eBook: How to Succeed Using Market Research

Learn how to effectively navigate the market research process to help guide your organization on the journey to success.

Download eBook

Share this report