Market Research Report
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
|Published by||Grand View Research, Inc.||Product code||818734|
|Published||Content info||155 Pages
Delivery time: 2-3 business days
|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|
|Published: March 28, 2019||Content info: 155 Pages||
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%, according to a new report by Grand View Research, Inc. 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.
Several other companies include: Shanghai PRET Composites Co., Ltd.; Samsung Fine Chemicals Co., Ltd.; RTP Company, Inc.; and PolyPlastics Co. Ltd.