Latest Update: Impact of current COVID-19 situation has been considered in this report while making the analysis.
Global Liquid Crystal Polyester Resin Market by Type (Backbone Liquid Crystal Polyester, Side Chain Liquid Crystal Polyester), By Application (Electronics, Automotive, Aerospace & Defense, Others) And By Region (North America, Latin America, Europe, Asia Pacific and Middle East & Africa), Forecast From 2022 To 2030-report

Global Liquid Crystal Polyester Resin Market by Type (Backbone Liquid Crystal Polyester, Side Chain Liquid Crystal Polyester), By Application (Electronics, Automotive, Aerospace & Defense, Others) And By Region (North America, Latin America, Europe, Asia Pacific and Middle East & Africa), Forecast From 2022 To 2030

Report ID: 146381 3300 Chemical & Material 377 233 Pages 4.9 (31)
                                          

Market Overview:


The global liquid crystal polyester resin market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing demand for liquid crystal polyester resins from the electronics, automotive, aerospace & defense, and other industries. In terms of type, the backbone liquid crystal polyester segment is expected to lead the global market during the forecast period. This segment is projected to grow at a CAGR of 6% during the forecast period. In terms of application, the electronics industry is expected to leadthe global market duringthe forecastperiod.


Global Liquid Crystal Polyester Resin Industry Outlook


Product Definition:


Liquid Crystal Polyester Resin is a thermoset resin used in the manufacture of liquid crystal displays. It is a unsaturated polyester resin that can be cured by heat to form a transparent, hard, and durable film.


Backbone Liquid Crystal Polyester:


Backbone liquid crystal polyester resin (LLCP) is a type of polymer used in the manufacturing of Liquid Crystal Polyester Resin (LCPR). It is also used as an intermediate in the production of other thermoplastics such as polyether ketone and phenolic resins. Backbone LCP has high molecular weight, which results into low melt viscosity and higher flow during molding.


Side Chain Liquid Crystal Polyester:


Side chain liquid crystal polyester is a polymer with an amorphous structure. It has been developed as an alternative to conventional polyesters for use in the Liquid Crystal Polyester (LCP) resin market. LCP is used to manufacture electronic displays, such as those used in television sets and computer monitors.


Application Insights:


The electronics segment accounted for the largest market share in 2017 and is projected to expand at a CAGR of XX% over the forecast period. Liquid crystal polymer resins are used as an adhesive in electronic devices, which help reduce heat generation and maintain low operating temperatures, thereby enhancing product life cycle. The automotive industry uses liquid crystal polymer resin composites that offer high impact resistance, wear-resistance and chemical stability required by vehicles components over their lifespan.


Liquid crystal polyester resins are also used in aerospace & defense applications owing to their excellent mechanical properties such as impact resistance, tensile strength and stiffness along with superior temperature stability required for aircraft interior components including windows & windshields on commercial airplanes across the globe.


Regional Analysis:


Asia Pacific is expected to be the fastest-growing region over the forecast period. The growth can be attributed to increasing demand from end-use industries, such as electronics, automotive and others. China has been a major consumer of LCD resins in this region owing to cheap labor cost and availability of raw materials at low prices.


North America market was valued at USD X million in 2017 and is projected to grow significantly over the forecast period owing to high demand for liquid crystal polyester resins from various applications including electronics, automotive & transportation equipment manufacturing and others. Increasing use of these products in display applications due to technological advancements will drive regional growth further. In addition, growing aerospace & defense industry due mainly expansionary trends observed across all regions are likely contributors toward future market development (Middle East & Africa; Latin America; Europe).


Growth Factors:


  • Increasing demand from end-use industries such as automotive, construction, and electrical & electronics
  • Rising demand for lightweight and durable materials in automotive sector
  • Growing construction industry in developing countries
  • Increasing penetration of LCD TVs and other electronic devices
  • Technological advancements

Scope Of The Report

Report Attributes

Report Details

Report Title

Liquid Crystal Polyester Resin Market Research Report

By Type

Backbone Liquid Crystal Polyester, Side Chain Liquid Crystal Polyester

By Application

Electronics, Automotive, Aerospace & Defense, Others

By Companies

DuPont, TORAY, DSM, Ticona, Polyplastics, Sumitomo Chemical, Solvay Specialty Polymers, GE Plastics, Kuraray, RTP Company, Unitika, Eastman

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

233

Number of Tables & Figures

164

Customization Available

Yes, the report can be customized as per your need.


Global Liquid Crystal Polyester Resin Market Report Segments:

The global Liquid Crystal Polyester Resin market is segmented on the basis of:

Types

Backbone Liquid Crystal Polyester, Side Chain Liquid Crystal Polyester

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

Electronics, Automotive, Aerospace & Defense, 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:

  1. DuPont
  2. TORAY
  3. DSM
  4. Ticona
  5. Polyplastics
  6. Sumitomo Chemical
  7. Solvay Specialty Polymers
  8. GE Plastics
  9. Kuraray
  10. RTP Company
  11. Unitika
  12. Eastman

Global Liquid Crystal Polyester Resin Market Overview


Highlights of The Liquid Crystal Polyester Resin Market Report:

  1. The market structure and projections for the coming years.
  2. Drivers, restraints, opportunities, and current trends of market.
  3. Historical data and forecast.
  4. Estimations for the forecast period 2030.
  5. Developments and trends in the market.
  6. By Type:

    1. Backbone Liquid Crystal Polyester
    2. Side Chain Liquid Crystal Polyester
  1. By Application:

    1. Electronics
    2. Automotive
    3. Aerospace & Defense
    4. Others
  1. Market scenario by region, sub-region, and country.
  2. Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
  3. Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
  4. Government Policies, Macro & Micro economic factors are also included in the report.

We have studied the Liquid Crystal Polyester Resin 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

Global Liquid Crystal Polyester Resin Market Statistics

8 Reasons to Buy This Report

  1. Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
  2. Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
  3. Implemented Robust Methodology to Prepare the Report
  4. Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
  5. Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
  6. Provides Information About the Top-winning Strategies Implemented by Industry Players.
  7. In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
  8. Customization of the Report Available

Frequently Asked Questions?


Liquid crystal polyester resin is a type of thermoplastic resin that can be used to create products such as displays, lenses, and housings. It is made up of small molecules that are arranged in a liquid form, and it can be heated to high temperatures in order to change its properties. This resin is often used in electronics because it has the ability to switch between different colors or patterns depending on the temperature or light exposure.

Some of the major players in the liquid crystal polyester resin market are DuPont, TORAY, DSM, Ticona, Polyplastics, Sumitomo Chemical, Solvay Specialty Polymers, GE Plastics, Kuraray, RTP Company, Unitika, Eastman.

The liquid crystal polyester resin market is expected to grow at a compound annual growth rate of 5.5%.

                                            
1. Executive Summary

2. Assumptions and Acronyms Used

3. Research Methodology

4. Liquid Crystal Polyester Resin Market Overview
   4.1. Introduction
      4.1.1. Market Taxonomy
      4.1.2. Market Definition
   4.2. Macro-Economic Factors
      4.2.1. Industry Outlook
   4.3. Liquid Crystal Polyester Resin Market Dynamics
      4.3.1. Market Drivers
      4.3.2. Market Restraints
      4.3.3. Opportunity
      4.3.4. Market Trends
   4.4. Liquid Crystal Polyester Resin Market - Supply Chain
   4.5. Global Liquid Crystal Polyester Resin Market Forecast
      4.5.1. Liquid Crystal Polyester Resin Market Size (US$ Mn) and Y-o-Y Growth
      4.5.2. Liquid Crystal Polyester Resin Market Size (000’ Units) and Y-o-Y Growth
      4.5.3. Liquid Crystal Polyester Resin Market Absolute $ Opportunity

5. Global Liquid Crystal Polyester Resin Market Analysis and Forecast by Type
   5.1. Market Trends
   5.2. Introduction
      5.2.1. Basis Point Share (BPS) Analysis by Type
      5.2.2. Y-o-Y Growth Projections by Type
   5.3. Liquid Crystal Polyester Resin Market Size and Volume Forecast by Type
      5.3.1. Backbone Liquid Crystal Polyester
      5.3.2. Side Chain Liquid Crystal Polyester
   5.4. Absolute $ Opportunity Assessment by Type
   5.5. Market Attractiveness/Growth Potential Analysis by Type

6. Global Liquid Crystal Polyester Resin Market Analysis and Forecast by Application
   6.1. Market Trends
   6.2. Introduction
      6.2.1. Basis Point Share (BPS) Analysis by Application
      6.2.2. Y-o-Y Growth Projections by Application
   6.3. Liquid Crystal Polyester Resin Market Size and Volume Forecast by Application
      6.3.1. Electronics
      6.3.2. Automotive
      6.3.3. Aerospace & Defense
      6.3.4. Others
   6.4. Absolute $ Opportunity Assessment by Application
   6.5. Market Attractiveness/Growth Potential Analysis by Application

7. Global Liquid Crystal Polyester Resin Market Analysis and Forecast by Sales Channel
   7.1. Market Trends
   7.2. Introduction
      7.2.1. Basis Point Share (BPS) Analysis by Sales Channel 
      7.2.2. Y-o-Y Growth Projections by Sales Channel
   7.3. Liquid Crystal Polyester Resin Market Size and Volume Forecast by Sales Channel 
      7.3.1. Manufacturer/Distributor/Service Provider
      7.3.2. Aftermarket
   7.4. Absolute $ Opportunity Assessment by Sales Channel
   7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel

8. Global Liquid Crystal Polyester Resin Market Analysis and Forecast by Region
   8.1. Market Trends
   8.2. Introduction
      8.2.1. Basis Point Share (BPS) Analysis by Region
      8.2.2. Y-o-Y Growth Projections by Region
   8.3. Liquid Crystal Polyester Resin Market Size and Volume Forecast by Region
      8.3.1. North America
      8.3.2. Latin America
      8.3.3. Europe
      8.3.4. Asia Pacific
      8.3.5. Middle East and Africa (MEA)
   8.4. Absolute $ Opportunity Assessment by Region
   8.5. Market Attractiveness/Growth Potential Analysis by Region
   8.6. Global Liquid Crystal Polyester Resin Demand Share Forecast, 2019-2026

9. North America Liquid Crystal Polyester Resin Market Analysis and Forecast
   9.1. Introduction
      9.1.1. Basis Point Share (BPS) Analysis by Country
      9.1.2. Y-o-Y Growth Projections by Country
   9.2. North America Liquid Crystal Polyester Resin Market Size and Volume Forecast by Country
      9.2.1. U.S.
      9.2.2. Canada
   9.3. Absolute $ Opportunity Assessment by Country
   9.4. North America Liquid Crystal Polyester Resin Market Size and Volume Forecast by Application
      9.4.1. Electronics
      9.4.2. Automotive
      9.4.3. Aerospace & Defense
      9.4.4. Others
   9.5. Basis Point Share (BPS) Analysis by Application
   9.6. Y-o-Y Growth Projections by Application
   9.7. North America Liquid Crystal Polyester Resin Market Size and Volume Forecast by Type
      9.7.1. Backbone Liquid Crystal Polyester
      9.7.2. Side Chain Liquid Crystal Polyester
   9.8. Basis Point Share (BPS) Analysis by Type
   9.9. Y-o-Y Growth Projections by Type
   9.10. Market Attractiveness/Growth Potential Analysis
      9.10.1. By Country
      9.10.2. By Product Type
      9.10.3. By Application
      9.10.4. By Sales Channel
   9.11. North America Liquid Crystal Polyester Resin Demand Share Forecast, 2019-2026

10. Latin America Liquid Crystal Polyester Resin Market Analysis and Forecast
   10.1. Introduction
      10.1.1. Basis Point Share (BPS) Analysis by Country
      10.1.2. Y-o-Y Growth Projections by Country
      10.1.3. Latin America Average Pricing Analysis
   10.2. Latin America Liquid Crystal Polyester Resin Market Size and Volume Forecast by Country
      10.2.1. Brazil
      10.2.2. Mexico
      10.2.3. Rest of Latin America
   10.3. Absolute $ Opportunity Assessment by Country
   10.4. Latin America Liquid Crystal Polyester Resin Market Size and Volume Forecast by Application
      10.4.1. Electronics
      10.4.2. Automotive
      10.4.3. Aerospace & Defense
      10.4.4. Others
   10.5. Basis Point Share (BPS) Analysis by Application
   10.6. Y-o-Y Growth Projections by Application
   10.7. Latin America Liquid Crystal Polyester Resin Market Size and Volume Forecast by Type
      10.7.1. Backbone Liquid Crystal Polyester
      10.7.2. Side Chain Liquid Crystal Polyester
   10.8. Basis Point Share (BPS) Analysis by Type
   10.9. Y-o-Y Growth Projections by Type
   10.10. Market Attractiveness/Growth Potential Analysis
      10.10.1. By Country
      10.10.2. By Product Type
      10.10.3. By Application
      10.10.4. By Sales Channel
   10.11. Latin America Liquid Crystal Polyester Resin Demand Share Forecast, 2019-2026

11. Europe Liquid Crystal Polyester Resin Market Analysis and Forecast
   11.1. Introduction
      11.1.1. Basis Point Share (BPS) Analysis by Country
      11.1.2. Y-o-Y Growth Projections by Country
      11.1.3. Europe Average Pricing Analysis
   11.2. Europe Liquid Crystal Polyester Resin Market Size and Volume Forecast by Country
      11.2.1. Germany
      11.2.2. France
      11.2.3. Italy
      11.2.4. U.K.
      11.2.5. Spain
      11.2.6. Russia
      11.2.7. Rest of Europe
   11.3. Absolute $ Opportunity Assessment by Country
   11.4. Europe Liquid Crystal Polyester Resin Market Size and Volume Forecast by Application
      11.4.1. Electronics
      11.4.2. Automotive
      11.4.3. Aerospace & Defense
      11.4.4. Others
   11.5. Basis Point Share (BPS) Analysis by Application
   11.6. Y-o-Y Growth Projections by Application
   11.7. Europe Liquid Crystal Polyester Resin Market Size and Volume Forecast by Type
      11.7.1. Backbone Liquid Crystal Polyeser
      11.7.2. Side Chain Liquid Crystal Polyester
   11.8. Basis Point Share (BPS) Analysis by Type
   11.9. Y-o-Y Growth Projections by Type
   11.10. Market Attractiveness/Growth Potential Analysis
      11.10.1. By Country
      11.10.2. By Product Type
      11.10.3. By Application
      11.10.4. By Sales Channel
   11.11. Europe Liquid Crystal Polyester Resin Demand Share, 2019-2026

12. Asia Pacific Liquid Crystal Polyester Resin Market Analysis and Forecast
   12.1. Introduction
      12.1.1. Basis Point Share (BPS) Analysis by Country
      12.1.2. Y-o-Y Growth Projections by Country
      12.1.3. Asia Pacific Average Pricing Analysis
   12.2. Asia Pacific Liquid Crystal Polyester Resin Market Size and Volume Forecast by Country
      12.2.1. China
      12.2.2. Japan
      12.2.3. South Korea
      12.2.4. India
      12.2.5. Australia
      12.2.6. Rest of Asia Pacific (APAC)
   12.3. Absolute $ Opportunity Assessment by Country
   12.4. Asia Pacific Liquid Crystal Polyester Resin Market Size and Volume Forecast by Application
      12.4.1. Electronics
      12.4.2. Automotive
      12.4.3. Aerospace & Defense
      12.4.4. Others
   12.5. Basis Point Share (BPS) Analysis by Application
   12.6. Y-o-Y Growth Projections by Application
   12.7. Asia Pacific Liquid Crystal Polyester Resin Market Size and Volume Forecast by Type
      12.7.1. Backbone Liquid Crystal Polyester
      12.7.2. Side Chain Liquid Crystal Polyester
   12.8. Basis Point Share (BPS) Analysis by Type
   12.9. Y-o-Y Growth Projections by Type
   12.10. Market Attractiveness/Growth Potential Analysis
      12.10.1. By Country
      12.10.2. By Product Type
      12.10.3. By Application
      12.10.4. By Sales Channel
   12.11. Asia Pacific Liquid Crystal Polyester Resin Demand Share, 2019-2026

13. Middle East & Africa Liquid Crystal Polyester Resin Market Analysis and Forecast
   13.1. Introduction
      13.1.1. Basis Point Share (BPS) Analysis by Country
      13.1.2. Y-o-Y Growth Projections by Country
      13.1.3. Asia Pacific Average Pricing Analysis
   13.2. Middle East & Africa Liquid Crystal Polyester Resin Market Size and Volume 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. Absolute $ Opportunity Assessment by Country
   13.4. Middle East & Africa Liquid Crystal Polyester Resin Market Size and Volume Forecast by Application
      13.4.1. Electronics
      13.4.2. Automotive
      13.4.3. Aerospace & Defense
      13.4.4. Others
   13.5. Basis Point Share (BPS) Analysis by Application
   13.6. Y-o-Y Growth Projections by Application
   13.7. Middle East & Africa Liquid Crystal Polyester Resin Market Size and Volume Forecast by Type
      13.7.1. Backbone Liquid Crystal Polyester
      13.7.2. Side Chain Liquid Crystal Polyester
   13.8. Basis Point Share (BPS) Analysis by Type
   13.9. Y-o-Y Growth Projections by Type
   13.10. Market Attractiveness/Growth Potential Analysis
      13.10.1. By Country
      13.10.2. By Product Type
      13.10.3. By Application
      13.10.4. By Sales Channel
   13.11. Middle East & Africa Liquid Crystal Polyester Resin Demand Share, 2019-2026

14. Competition Landscape
   14.1. Global Liquid Crystal Polyester Resin Market: Market Share Analysis
   14.2. Liquid Crystal Polyester Resin Distributors and Customers
   14.3. Liquid Crystal Polyester Resin Market: Competitive Dashboard
   14.4. Company Profiles (Details – Overview, Financials, Developments, Strategy) 
      14.4.1. DuPont
         14.4.1.1. Overview
         14.4.1.2. Financials
         14.4.1.3. Developments
         14.4.1.4. Strategic Outlook
      14.4.2. TORAY
         14.4.2.1. Overview
         14.4.2.2. Financials
         14.4.2.3. Developments
         14.4.2.4. Strategic Outlook
      14.4.3. DSM
         14.4.3.1. Overview
         14.4.3.2. Financials
         14.4.3.3. Developments
         14.4.3.4. Strategic Outlook
      14.4.4. Ticona
         14.4.4.1. Overview
         14.4.4.2. Financials
         14.4.4.3. Developments
         14.4.4.4. Strategic Outlook
      14.4.5. Polyplastics
         14.4.5.1. Overview
         14.4.5.2. Financials
         14.4.5.3. Developments
         14.4.5.4. Strategic Outlook
      14.4.6. Sumitomo Chemical
         14.4.6.1. Overview
         14.4.6.2. Financials
         14.4.6.3. Developments
         14.4.6.4. Strategic Outlook
      14.4.7. Solvay Specialty Polymers
         14.4.7.1. Overview
         14.4.7.2. Financials
         14.4.7.3. Developments
         14.4.7.4. Strategic Outlook
      14.4.8. GE Plastics
         14.4.8.1. Overview
         14.4.8.2. Financials
         14.4.8.3. Developments
         14.4.8.4. Strategic Outlook
      14.4.9. Kuraray
         14.4.9.1. Overview
         14.4.9.2. Financials
         14.4.9.3. Developments
         14.4.9.4. Strategic Outlook
      14.4.10. RTP Company
         14.4.10.1. Overview
         14.4.10.2. Financials
         14.4.10.3. Developments
         14.4.10.4. Strategic Outlook
      14.4.11. Unitika
         14.4.11.1. Overview
         14.4.11.2. Financials
         14.4.11.3. Developments
         14.4.11.4. Strategic Outlook
      14.4.12. Eastman
         14.4.12.1. Overview
         14.4.12.2. Financials
         14.4.12.3. Developments
         14.4.12.4. Strategic Outlook
      14.4.13. COMPANY 13
         14.4.13.1. Overview
         14.4.13.2. Financials
         14.4.13.3. Developments
         14.4.13.4. Strategic Outlook
      14.4.14. COMPANY 14
         14.4.14.1. Overview
         14.4.14.2. Financials
         14.4.14.3. Developments
         14.4.14.4. Strategic Outlook
      14.4.15. COMPANY 15
         14.4.15.1. Overview
         14.4.15.2. Financials
         14.4.15.3. Developments
         14.4.15.4. Strategic Outlook
      14.4.16. COMPANY 16
         14.4.16.1. Overview
         14.4.16.2. Financials
         14.4.16.3. Developments
         14.4.16.4. Strategic Outlook
      14.4.17. COMPANY 17
         14.4.17.1. Overview
         14.4.17.2. Financials
         14.4.17.3. Developments
         14.4.17.4. Strategic Outlook
      14.4.18. COMPANY 18
         14.4.18.1. Overview
         14.4.18.2. Financials
         14.4.18.3. Developments
         14.4.18.4. Strategic Outlook
      14.4.19. COMPANY 19
         14.4.19.1. Overview
         14.4.19.2. Financials
         14.4.19.3. Developments
         14.4.19.4. Strategic Outlook
      14.4.20. COMPANY 20
         14.4.20.1. Overview
         14.4.20.2. Financials
         14.4.20.3. Developments
         14.4.20.4. Strategic Outlook

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