Liquid Crystal Polymer Market Analysis by Competitors, Trends and Forecast - 2023


The liquid crystal polymer (LCP) market includes a high-performance engineering plastic that possess combined properties of conventional liquids and solid crystals. Liquid crystal polymer is a variant of partially crystalline aromatic polyester based on p-hydroxybenzoic acid (HBA) and other related monomers.

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The high melt flow of the resin and its fast setup permits liquid crystal polymer to be molded into large, heavy walled parts as well as thin walled components. The thermal stability of liquid crystal polymer efficient use of re-grind. LCP are recyclable and can be used for energy recovery.

The variant property of LCP in terms of their structure makes such crystals fire-resistant and chemically-inert when used in very thin walls. During the melting and injection molding, liquid crystal polymer has low viscosity and high flow to fill the intricate molds completely, making them a good choice for manufacturing of ultra-thin and miniature parts with less than 0.1 mm thickness and short cycle times.

Liquid crystal polymer possesses properties such as high heat tolerance, chemical resistance, dimensional stability, flatness and high stiffness that makes them ideal for use in various applications including smartphones, laptop, desktop, and tablets.

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The global liquid crystal polymer market is expected to witness significant growth during the forecast period (2017-2023) owing to the increasing demand for miniaturized electronic components such as connectors and surface mount devices.

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The major companies operating in the global liquid crystal polymer market are Celanese Corporation, Polyplastics Co., Ltd., Toray International, Inc., Solvay SA, Ueno Fine Chemicals Industry, Ltd., Shanghai Pret Composites Co., Ltd., PolyOne Corporation, Sumitomo Chemical Company Limited.

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