LCP Resin Market, Global Outlook and Forecast 2023-2029

Liquid Crystal Polymer (LCP) is a new type of polymer material. Liquid crystal polymer is an intermediate phase polymer between crystal and liquid. After being heated and melted or dissolved by a solvent, it will change from rigid fixation to a fluid liquid substance while maintaining the orientation of the crystalline substance. Order, thereby forming a liquid crystal state that has both liquid fluidity and orderly arrangement of crystalline molecules. From the perspective of molecular structure, LCP has a rigid rod-shaped molecular chain structure. The molecular chains can be arranged in a high degree of orientation, the structure is tightly packed, and the force between macromolecules is relatively large. Therefore, compared with other organic polymer materials, LCP exhibits excellent properties such as high temperature resistance, high strength mechanical properties, superior electrical properties and processing properties.
This report aims to provide a comprehensive presentation of the global market for LCP Resin, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding LCP Resin. This report contains market size and forecasts of LCP Resin in global, including the following market information:
Global LCP Resin Market Revenue, 2018-2023, 2024-2029, ($ millions)
Global LCP Resin Market Sales, 2018-2023, 2024-2029, (Ton)
Global top five LCP Resin companies in 2022 (%)
The global LCP Resin market was valued at US$ million in 2022 and is projected to reach US$ million by 2029, at a CAGR of % during the forecast period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
In the Chinese market, major manufacturers of electronic LCP resins include Celanese, DAICEL, Sumitomo-Chem, etc. The top three manufacturers account for more than 60% of the total share.
According to product types, electronic LCP resins can be mainly divided into Type I, Type II, and Type III, among which Type II is dominant, accounting for about 65% of the total market share. From the application point of view, electronic and electrical is the market leader, which occupies more than 80% of the total market share, followed by consumer electronics.
MARKET MONITOR GLOBAL, INC (MMG) has surveyed the LCP Resin manufacturers, suppliers, distributors and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global LCP Resin Market, by Type, 2018-2023, 2024-2029 ($ Millions) & (Ton)
Global LCP Resin Market Segment Percentages, by Type, 2022 (%)
    Type I
    Type II
    Type III
Global LCP Resin Market, by Application, 2018-2023, 2024-2029 ($ Millions) & (Ton)
Global LCP Resin Market Segment Percentages, by Application, 2022 (%)
    Electronic and Electrical
    Consumer Electronics
    Vehicle Electronics
    Others
Global LCP Resin Market, By Region and Country, 2018-2023, 2024-2029 ($ Millions) & (Ton)
Global LCP Resin Market Segment Percentages, By Region and Country, 2022 (%)
    North America
        US
        Canada
        Mexico
    Europe
        Germany
        France
        U.K.
        Italy
        Russia
        Nordic Countries
        Benelux
        Rest of Europe
    Asia
        China
        Japan
        South Korea
        Southeast Asia
        India
        Rest of Asia
    South America
        Brazil
        Argentina
        Rest of South America
    Middle East & Africa
        Turkey
        Israel
        Saudi Arabia
        UAE
        Rest of Middle East & Africa
Competitor Analysis
The report also provides analysis of leading market participants including:
Key companies LCP Resin revenues in global market, 2018-2023 (Estimated), ($ millions)
Key companies LCP Resin revenues share in global market, 2022 (%)
Key companies LCP Resin sales in global market, 2018-2023 (Estimated), (Ton)
Key companies LCP Resin sales share in global market, 2022 (%)
Further, the report presents profiles of competitors in the market, key players include:
    Celanese
    DAICEL
    Sumitomo-Chem
    Copolymen
    ENEOS
    Toray
    Kingfa
    WOTE
    UENO
    Changchun Group
    Jmdzt
    PRET
    Solvay
Outline of Major Chapters:
Chapter 1: Introduces the definition of LCP Resin, market overview.
Chapter 2: Global LCP Resin market size in revenue and volume.
Chapter 3: Detailed analysis of LCP Resin manufacturers competitive landscape, price, sales and revenue market share, latest development plan, merger, and acquisition information, etc.
Chapter 4: Provides the analysis of various market segments by type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 5: Provides the analysis of various market segments by application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 6: Sales of LCP Resin in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space of each country in the world.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 8: Global LCP Resin capacity by region & country.
Chapter 9: Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter 10: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 11: The main points and conclusions of the report.