Liquid Crystal Polymers Market Research Report And Predictive Business Strategy By 2027
The Liquid Crystal Polymers Market report entails a comprehensive database on future market estimation based on historical data analysis. It enables the clients with quantified data for current market perusal. It is a professional and a detailed report focusing on primary and secondary drivers, market share, leading segments and regional analysis. Listed out are key players, major collaborations, merger & acquisitions along with upcoming and trending innovation. Business policies are reviewed from the techno-commercial perspective demonstrating better results. The report contains granular information & analysis pertaining to the Liquid Crystal Polymers Market size, share, growth, trends, segment and forecasts from 2020-2027.
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The research report provides analysis and information according to market segments such as geographies, product type, application, and end-use industry. Featuring worldwide and over leading key players profiles, this report serves the ultimate guide to exploring opportunities in the Liquid Crystal Polymers industry globally. The Liquid Crystal Polymers Market report provides effective guidelines and strategies for industry players to secure a position at the top in the worldwide Liquid Crystal Polymers market. Our experts have added large key companies who play an important role in the production, manufacturing, sales, and distribution of the products. The significant applications and potential business arenas are also added to this report. It encourages the client to make strategic moves and create their businesses.
Among applications, electrical & electronics segment accounted for largest market volume share of 73.9% in 2017, in the global liquid crystal polymers (LCP) market. LCP is majorly adopted in electrical & electronics industries, owing to its optimal physical & chemical properties. Therefore, the segment is expected to retain its dominance over the forecast period. For instance, according to survey conducted by the Japan Electronics and Information Technology Industries Association (JEITIA), production by global electronics and information technology industries increased 8% year on year in 2018, to reach US$ 2,934.5 billion, and is expected to increase by 4% year on year in 2019, to reach US$ 3,045.8 billion.
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Furthermore, in July 2019, Sumitomo Chemical developed three new LCPs, which includes SumikaSuper E6205L, SumikaSuper SR1205L, and SumikaSuper SZ6911EM. These LCPs are specifically designed for high-speed connectors such as backplanes and automotive connectors for infotainment. SumikaSuper SZ6911EM is specifically designed to provide high-speed digital and wireless devices, where electromagnetic interference (EMI) is a worry.
Major players operating in the global liquid crystal polymer market include Celanese Corporation, Polyplastics Co Ltd., Sumitomo Chemical Co., Ltd., Toray Industries Inc., Solvay S.A., Ueno Fine Chemicals Industry, Ltd., and Shanghai PRET Composites Co., Ltd.
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