Liquid Crystal Polymer (Lcp) Market Analysis, Share, Regional Outlook, Industry Trends, Competitive Strategies and Segment Forecast, 2012 to 2020

Hexa Research Inc.

Industry Research,Custom Research & Consulting

Liquid Crystal Polymer (LCP) Market Analysis, Share,

Regional Outlook, Industry Trends, Competitive Strategies

And Segment Forecast, 2012 To 2020

Industry Overview

Global liquid crystal polymer (LCP) market size is expected to reach 81.7 kilo tons by 2020, growing at a

CAGR of 8.6% from 2014 to 2020.

Increasing demand for miniaturized electronic components such as connectors and surface mount

devices is expected to drive market growth over the next six years. Device or product miniaturization

allows manufacturers for streamlining devices to incorporate more and more features in to smaller

packages.

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Global increase in consumer electronics demand such as laptops, tablets, and cellular phones is

expected to fuel liquid crystal polymer market growth over the forecast period. Electronics devices

shipments, which include Personal Computers (PC), ultra-mobiles, tablets, and cell phones was 2.22

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Industry Research,Custom Research & Consulting

billion units in 2012, and is expected to reach 2.6 billion units by 2015. Tablet and cell phones market is

expected to witness an increase in demand in contrast to PCs over the forecast period.

Increasing micro injection molding demand coupled with high-temperature resistance and flow

properties are expected to drive demand. Thin wall designs pose challenges during injection molding of

micro-connectors for devices such as computers, laptops, tablets, robots, and satellites. LCP possesses

properties such as excellent insulation, high fluidity, high heat tolerance, chemical resistance,

dimensional stability, flatness, and high stiffness.

LCP is preferred for manufacturing ultra-thin components up to 0.1mm over other engineering resins

such as polyphenylene sulfide (PPS), polycyclohexylenedimethylene terephthalate...