Apr 10, 2019   SOURCE: BusinessWire

Liquid Crystal Polymer (LCP) Films & Laminates Market Size, Share & Trends Analysis Report, 2019 - ResearchAndMarkets.com

The "Liquid Crystal Polymer (LCP) Films & Laminates Market Size, Share & Trends Analysis Report By Application (Electrical & Electronics, Automotive, Consumer Goods, Medical Device, Packaging), By Product, And Segment Forecasts, 2019 - 2025" report has been added to ResearchAndMarkets.com's offering.

The global liquid crystal polymer films & laminates market size is expected to reach USD 174.4 million by 2025 registering a CAGR of 7.2%.

Demand for lightweight and miniaturized components on account of rapidly growing transportation, electronics, and automotive industries in emerging regions is expected to be the factor driving the global LCP market.

Rising consumer awareness regarding energy and resource savings owing to the global energy crisis and increasing pollution levels has also fostered several innovations in the LCP field.

This, in turn, has led to the introduction of smart windows' in residential and commercial buildings to control light, privacy, sound, and insulation. However, these materials have been able to serve only niche applications, owing to highly-specialized and expensive raw materials and production processes.

Laminates accounted for over 25% of the overall volume share in 2018 and are projected to expand further as a result of their increasing demand in high-frequency electronics and Printed Circuit Boards (PCBs) with gauge of less than a millimeter.

Further key findings from the study suggest:

  • Electrical & electronics has been the largest application segment and accounted for over 55% of the global volume share in 2018.
  • Films are mainly utilized in electronic applications requiring ion concentrations of less than 5 ppm. Their dielectric nature and favorable conductive properties have led to LCP substituting other polymer compounds.
  • Asia Pacific was the largest consumer market and accounted for nearly half of the global volume share in 2018.
  • The regional market is characterized by high production levels of electronics in Southeast Asian economies.
  • Automotive & medical devices collectively accounted for more than 15% of the China's LCP film demand in 2018.
  • Factors, such as easy availability of LCP, increased R&D in medical devices manufacturing, and production of premium cars are expected to drive these application segments further.
  • South Korea and Taiwan collectively accounted for one-third of the overall Asia Pacific market volume in 2018. These countries are manufacturing hubs for electronics and the product demand was valued at 500 tons in electronics application
  • Major industry participants include Kuraray Co. Ltd.; PolyOne Corp.; Solvay, Inc.; Celanese Corp.; Toray International, Inc.; Sumitomo Chemicals Co. Ltd.; Rogers Corp.

Key Topics Covered

Chapter 1 Methodology and Scope

1.1. Market Segmentation & Scope

1.2. Market Definition

1.3. Information Procurement

1.4. Information Analysis

1.5. Market Formulation & Data Visualization

Chapter 2 Executive Summary

2.1. Market Snapshot

2.2. Segmental Outlook

2.3. Competitive Insights

Chapter 3 LCP Films & Laminates - Market Variables, Trends & Scope

3.1. Market Lineage Outlook

3.2. Penetration & Growth Prospect Mapping

3.3. Industry Value Chain Analysis

3.4 Sales/Distribution Channel Analysis

3.5 Regulatory Framework

3.6 Technology Overview

3.7 Market Variables Analysis

3.8 Market Opportunity Assessment

3.9 Business Environment Analysis Tools

3.10. Market Entry Strategies

Chapter 4 LCP Films & Laminates Market: Product Estimates & Trend Analysis

4.1 Definition & Scope

4.2 Product Movement Analysis & Market Share, 2018 & 2025 (USD Million)

4.3 Market Size & Forecasts and Trend Analysis: 2014 to 2025 for the Following

Chapter 5 LCP Films & Laminates Market: Application Estimates & Trend Analysis

5.1 Definition & Scope

5.2 Application Movement Analysis & Market Share, 2018 & 2025 (USD Million)

5.3 Market Size & Forecasts and Trend Analysis: 2014 to 2025 for the Following

Chapter 6 LCP Films & Laminates: Regional Estimates & Trend Analysis

6.1 Regional Market Snapshot

6.2. Regional Market Share and Top 5 Players, 2018

6.3. Market Share Analysis by Country, 2018

6.4 Market Size & Forecasts and Trend Analysis, 2014 to 2025 (USD Million)

Chapter 7 Competitive and Vendor Landscape

7.1 Competitive Environment

7.2 Participant Categorization

7.3 Strategic Initiatives & Outcome Analysis

7.4 List of Key Companies, by Region

7.5 List of Key Companies, by Product

7.6 Vendor Landscape

Chapter 8 Company Profiles

8.1 Polyplastics Co. Ltd.

8.2 Celanese Corporation

8.3 Sumitomo Chemical

8.4 Solvay S.A.

8.5 Toray International Inc.

8.6 Ueno Fine Chemicals Industry Ltd.

8.7 Samsung Fine Chemicals

8.8 Shanghai PRET Composites Co. Ltd

8.9 Murata Manufacturing Co. Ltd.

For more information about this report visit https://www.researchandmarkets.com/r/s2or2r