Global Liquid Crystal Polymers Market 2017-2021

Overview of the global liquid crystal polymers market

Market research analysts at Technavio predict that the global liquid crystal polymers market will grow steadily at a CAGR of around 6% by 2021. This market research analysis identifies the increasing demand for halogen-free materials as one of the primary growth factors for the liquid crystal polymers market. The commonly used polymers in the electrical and electronics sector emit harmful gases such as hydrogen chloride, ethylene, benzene, and naphthalene after incineration. These products also emit dioxins and furans at the end of their life that fatally harm the living beings and environment. This has resulted in an increase in consumer preference towards environment-friendly products that are an alternative to halogenated materials, which will subsequently, fuel liquid crystal polymers market size during our forecast period.

Customers are increasingly preferring organic light-emitting diode (OLED) TVs over light-emitting diode (LED) TVs due to various advantages such as wider viewing angle, better picture clarity, brighter colors, thin panels, more flexibility, and low power consumption. The OLEDs are comparatively priced when the demand is on a larger scale. This results in an increased demand from consumer electronics segments such as smartphones, PCs, and TVs. The key vendors are innovating and taking measures to develop less expensive OLED materials and OLED production for smartphones and tablets. This will lead to stiff competition between OLEDs and LEDs, which will be one of the major liquid crystal polymers market trends that will gain traction in the in the coming years.

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Technavio's industry research report titled - Global Liquid Crystal Polymers Market will help you-

• Identify latent opportunities and explorative solutions in the liquid crystal polymers market
• Identify your key competition, and what's making them tick?
• Help you build a comprehensive marketing plan, all permutations and combinations inclusive

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Competitive landscape and key vendors

The liquid crystal polymer market is highly competitive and fragmented due to the presence of several international and regional vendors. The vendors in the market compete based on product performance and quality, price, product availability, innovation, security of supply, and customer. To increase their market shares, the players increasingly focus on R&D, expansion strategies, customization of product offerings, and the engagement of existing customers. To attain a competitive advanatge, the vendors are also offering customized solutions that enable consumers to choose from numerous offerings.

The leading vendors in the market are -

• Celanese Corporation
• Solvay
• Sumitomo Chemical
• TORAY INDUSTRIES
• UENO FINE CHEMICALS INDUSTRY

The other prominent vendors in the market are DIC Corporation, Evonik Industries, Polyplastics, RTP Company, and Unitika.

Segmentation by end user and analysis of the liquid crystal polymers market

• Electricals and electronics
• Consumer goods
• Lighting
• Automotive
• Medical

The electricals and electronics segment increasingly prefer to use liquid crystal polymers due to factors such as flexibility, recyclable, resistance to most chemicals, and stability at high melting temperatures. This segment is aiming towards miniaturization, portability, cost-effectiveness, and high performance that LCP contributes to significantly. This segment uses LCP as a high-frequency packaging material.

Geographical segmentation and analysis of the liquid crystal polymers market

• Americas
• APAC
• EMEA

Large consumption and the increase in demand from the automotive and electronics sectors and the presence of several large manufacturing units, contribute to the growth of the liquid crystal polymers market in APAC. Market research analysts predict that this region will be the major revenue contributor to this global market during the next four years.

Key questions answered in the report include

• What will the market size and the growth rate be in 2021?
• What are the key factors driving the global liquid crystal polymers market?
• What are the key market trends impacting the growth of the global liquid crystal polymers market?
• What are the challenges to market growth?
• Who are the key vendors in the global liquid crystal polymers market?
• What are the market opportunities and threats faced by the vendors in the global liquid crystal polymers market?
• Trending factors influencing the market shares of the Americas, APAC, and EMEA.
• What are the key outcomes of the five forces analysis of the global liquid crystal polymers market?

Technavio also offers customization on reports based on specific client requirement.

This upcoming industry research report on the global liquid crystal polymers market offers insights into the key trends and emerging drivers influencing the growth of the chemicals and materials industry. Our market research reports for the chemicals and materials industry also follow an extensive data collection methodology and offer an analysis of fast growing market segments like plastics, polymers, and elastomers.

By considering the market forecast and size, surging demand for various plastics, polymers, and elastomers, the market research experts at Technavio offer an all-inclusive picture of the liquid crystal polymers market for the estimated period of 2017 to 2021. Furthermore, our research practices support clients develop effective growth strategies and keep pace with the continually changing market landscape. This market study also offers an intricate analysis of various services based on the interpretation of the information gathered from specific resources such as channel partners and market stakeholders. This upcoming market research report on the liquid crystal polymers market also covers vendors like Polyplastics Co., Ltd., Solvay SA, Celanese Corporation, Toray International, Inc., Sumitomo Chemical Company Limited, and Shanghai Pret Composites Co., Ltd.

This upcoming industry report on the liquid crystal polymers market also considers the growth of the related market such as the flexible foams market, which is expected project an impressive CAGR of nearly 6% during the forecasted period. Furthermore, to offer clients the scope to identify potential market opportunities and expand in niche markets, this report on the liquid crystal polymers market also covers geographies like APAC, Europe, North America, and ROW.

The upcoming industry research report on the liquid crystal polymers market also categorizes the key drivers, major trends, as well as the imminent market challenges that the plastics, polymers, and elastomers sector are currently experiencing. It also presents intelligence into the rapidly changing market dynamics to give clients a complete view of the forthcoming events within the chemicals and materials industry. Technavio also provides deep-dive market assessments into the sectors such as olefins and paints, coatings, and pigments.

Technavio also offers clients the option to customize every report to suit their specific requirements and offers attractive discounts on all upcoming reports and future purchases.