Market Overview:
The global LCP special engineering plastic market is expected to grow at a CAGR of 5.5% from 2018 to 2030. The growth in the market can be attributed to the increasing demand for LCP special engineering plastics from various end-use industries, such as electronic, aerospace, industrial machinery, and medical treatment. In terms of type, the tensile strength is 135MPa segment is expected to lead the global LCP special engineering plastic market during the forecast period. This can be attributed to its properties such as high thermal stability and resistance against chemicals and solvents.
Product Definition:
LCP Special Engineering Plastic is a thermoplastic polymer with high stiffness, low friction and excellent dimensional stability. It is used in applications where these properties are required, such as bearings, gears and electrical connectors.
Tensile Strength Is 135MPa:
Tensile strength of LCP Special Engineering Plastics is 135MPa, it's usage.
The tensile strength of LCP-based engineering plastics is about three times higher than that of polystyrene. The tensile modulus (strain at break)of these materials ranges from 40,000 psi for high-density polyethylene to over 300,000 psi for low-density polyethylene.
Tensile Strength Is 139MPa:
Tensile strength of LCP Special Engineering Plastics is 139MPa. It’s usage in the market depends on Tensile Modulus (TM) and Flexural Strength (FS). TM is maximum stress that can be imposed upon a material without permanent deformation or fracture. FS is a measure of breaking point or ultimate tensile strength of an object, which determines whether a particular plastic will break before it gives way under load.
Application Insights:
LCP is used in the manufacturing of electronic devices as it meets the performance requirements with low cost and high efficiency. The demand for LCP is expected to grow at a CAGR of XX% from 2018 to 2030 owing to its application in various electronic devices such as mobile phones, portable media players, laptops/notebooks, and others.
The aerospace sector was one of the largest consumers of LCP with an estimated volume consumption exceeding 1 million square meters annually in 2017. In addition, rising product demand from other applications such as industrial machinery and medical treatment is anticipated to augment market growth over the forecast period.
Regional Analysis:
Asia Pacific was the largest market for LCP special engineering plastics in 2016 and is expected to continue its dominance over the forecast period. The growth of this region can be attributed to rapid industrialization, availability of raw materials, and cheap labor. China is one of the major consumers as it has a large number of manufacturing industries. In addition, India has also witnessed significant demand owing to rapidly expanding manufacturing sector in recent years.
North America accounted for a share of more than 15% in 2016 owing to growing demand from various end-use applications such as aerospace & defense and industrial machinery among others.
Growth Factors:
- Increasing demand from automotive and electrical & electronics industries
- Growing awareness about the benefits of using LCP over traditional engineering plastics
- Rising R&D spending by end-use industries to develop new applications for LCP
- Expansion of global manufacturing base by key players in the market
- Growing popularity of lightweight and high-performance materials in automotive sector
Scope Of The Report
Report Attributes
Report Details
Report Title
LCP Special Engineering Plastic Market Research Report
By Type
Tensile Strength Is 135MPa, Tensile Strength Is 139MPa, Tensile Strength Is 145MPa, Tensile Strength Is 150MPa, Others
By Application
Electronic, Aerospace, Industrial Machinery, Medical Treatment, Others
By Companies
TORAY, Celanese, Sumitomo Corporation, Solvay, RTP Company, ENTEC, KGK
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
161
Number of Tables & Figures
113
Customization Available
Yes, the report can be customized as per your need.
Global LCP Special Engineering Plastic Market Report Segments:
The global LCP Special Engineering Plastic market is segmented on the basis of:
Types
Tensile Strength Is 135MPa, Tensile Strength Is 139MPa, Tensile Strength Is 145MPa, Tensile Strength Is 150MPa, Others
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Electronic, Aerospace, Industrial Machinery, Medical Treatment, Others
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- TORAY
- Celanese
- Sumitomo Corporation
- Solvay
- RTP Company
- ENTEC
- KGK
Highlights of The LCP Special Engineering Plastic Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Tensile Strength Is 135MPa
- Tensile Strength Is 139MPa
- Tensile Strength Is 145MPa
- Tensile Strength Is 150MPa
- Others
- By Application:
- Electronic
- Aerospace
- Industrial Machinery
- Medical Treatment
- Others
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the LCP Special Engineering Plastic Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
LCP Special Engineering Plastic is a type of plastic that is designed to be used in applications where high strength and durability are required. LCP Special Engineering Plastic is often used in products such as car parts, aircraft parts, and medical devices.
Some of the key players operating in the lcp special engineering plastic market are TORAY, Celanese, Sumitomo Corporation, Solvay, RTP Company, ENTEC, KGK.
The lcp special engineering plastic market is expected to register a CAGR of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 LCP Special Engineering Plastic Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 LCP Special Engineering Plastic Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 LCP Special Engineering Plastic Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the LCP Special Engineering Plastic Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global LCP Special Engineering Plastic Market Size & Forecast, 2020-2028
4.5.1 LCP Special Engineering Plastic Market Size and Y-o-Y Growth
4.5.2 LCP Special Engineering Plastic Market Absolute $ Opportunity
Chapter 5 Global Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Market Size Forecast by Type
5.2.1 Tensile Strength Is 135MPa
5.2.2 Tensile Strength Is 139MPa
5.2.3 Tensile Strength Is 145MPa
5.2.4 Tensile Strength Is 150MPa
5.2.5 Others
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Market Size Forecast by Applications
6.2.1 Electronic
6.2.2 Aerospace
6.2.3 Industrial Machinery
6.2.4 Medical Treatment
6.2.5 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global LCP Special Engineering Plastic Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 LCP Special Engineering Plastic Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Analysis and Forecast
9.1 Introduction
9.2 North America Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Market Size Forecast by Type
9.6.1 Tensile Strength Is 135MPa
9.6.2 Tensile Strength Is 139MPa
9.6.3 Tensile Strength Is 145MPa
9.6.4 Tensile Strength Is 150MPa
9.6.5 Others
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Market Size Forecast by Applications
9.10.1 Electronic
9.10.2 Aerospace
9.10.3 Industrial Machinery
9.10.4 Medical Treatment
9.10.5 Others
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Analysis and Forecast
10.1 Introduction
10.2 Europe Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Market Size Forecast by Type
10.6.1 Tensile Strength Is 135MPa
10.6.2 Tensile Strength Is 139MPa
10.6.3 Tensile Strength Is 145MPa
10.6.4 Tensile Strength Is 150MPa
10.6.5 Others
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Market Size Forecast by Applications
10.10.1 Electronic
10.10.2 Aerospace
10.10.3 Industrial Machinery
10.10.4 Medical Treatment
10.10.5 Others
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Market Size Forecast by Type
11.6.1 Tensile Strength Is 135MPa
11.6.2 Tensile Strength Is 139MPa
11.6.3 Tensile Strength Is 145MPa
11.6.4 Tensile Strength Is 150MPa
11.6.5 Others
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Market Size Forecast by Applications
11.10.1 Electronic
11.10.2 Aerospace
11.10.3 Industrial Machinery
11.10.4 Medical Treatment
11.10.5 Others
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Analysis and Forecast
12.1 Introduction
12.2 Latin America Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Market Size Forecast by Type
12.6.1 Tensile Strength Is 135MPa
12.6.2 Tensile Strength Is 139MPa
12.6.3 Tensile Strength Is 145MPa
12.6.4 Tensile Strength Is 150MPa
12.6.5 Others
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Market Size Forecast by Applications
12.10.1 Electronic
12.10.2 Aerospace
12.10.3 Industrial Machinery
12.10.4 Medical Treatment
12.10.5 Others
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Market Size Forecast by Type
13.6.1 Tensile Strength Is 135MPa
13.6.2 Tensile Strength Is 139MPa
13.6.3 Tensile Strength Is 145MPa
13.6.4 Tensile Strength Is 150MPa
13.6.5 Others
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Market Size Forecast by Applications
13.10.1 Electronic
13.10.2 Aerospace
13.10.3 Industrial Machinery
13.10.4 Medical Treatment
13.10.5 Others
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 LCP Special Engineering Plastic Market: Competitive Dashboard
14.2 Global LCP Special Engineering Plastic Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 TORAY
14.3.2 Celanese
14.3.3 Sumitomo Corporation
14.3.4 Solvay
14.3.5 RTP Company
14.3.6 ENTEC
14.3.7 KGK
