Market Size in 2022 | Market Forecast in 2030 | CAGR (in %) | Base Year |
---|---|---|---|
USD 1298 Million | USD 2432 Million | 8.15% | 2022 |
FrequentlyAsked Questions
Liquid crystal polymers (LCPs) are an advanced group of polymers and an important unit of the chemical industry.
The global liquid crystal polymers (LCPs) market is expected to witness a high growth rate driven by the increasing application of polymers during the production of medical devices.
According to study, the global liquid crystal polymers (LCPs) market size was worth around USD 1298 million in 2022 and is predicted to grow to around USD 2432 million by 2030.
The CAGR value of the liquid crystal polymers (LCPs) market is expected to be around 8.15% during 2023-2030.
The global liquid crystal polymers (LCPs) market was led by Asia-Pacific in 2022. The total regional market share increased by over 3% as compared to 2021 due to the excellent response recorded in the electronics and electrical sectors of India, China, South Korea, and other nations.
The global liquid crystal polymers (LCPs) market is led by players like Shenzhen WOTE Advanced Materials Co., Ltd., Celanese Corporation, Solvay, Daicel Corporation, Sumitomo Chemical Co., Ltd., SABIC, RTP Company, and many others.
The report explores crucial aspects of the liquid crystal polymers (LCPs) market including a detailed discussion of existing growth factors and restraints while also browsing future growth opportunities and challenges that impact the market.
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