Market Research Future will be publishing a Cooked Research Report on “Global Liquid Crystal Polymer (LCP) Films and Laminates Market” that contains the information from 2016 to 2023. The Global Liquid Crystal Polymer (LCP) Films and Laminates Market is expected to register a CAGR of 5.85% during the forecast period, 2018–2023.
Market Synopsis:
The Liquid Crystal Polymer Films (LCP) and Laminates Market 2020 offers promising opportunities for growth. In fact, the market is likely to flourish in the coming years. The growth prospect of the market is quite high and Market Research Future MRFR predicts in its assessment that the Global Liquid Crystal Polymer Films (LCP) and Laminates Market is supposed to mark 5.85% CAGR over the review period. It is also anticipated to gain a valuation of USD 162116.7 Mn by 2023 increasing from USD 115912 Mn in 2017. Rising popularity of the product due to its excellent chemical and mechanical properties is anticipated to increase Liquid Crystal Polymer Films (LCP) and Laminates uses.
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Increasing demand for consumer electronics is likely to boost the growth of the Liquid Crystal Polymer Films (LCP) and Laminates Market in the near future. In addition, the ongoing trend of miniaturization is also prognosticated to play a developmental role in the augmentation of the Liquid Crystal Polymer Films (LCP) and Laminates Market. The product is used in the production of PCBs which is likely to boost its demand across the electrical and electronics industry. Urbanization and rising disposable income are assumed to increase demand for consumer electronics in the near future. It is assumed to catalyze the expansion of the Liquid Crystal Polymer Films (LCP) and Laminates Market in the forthcoming years. The product has found application across domains such as automotive, packaging, medical devices, etc. It is anticipated to catapult the Liquid Crystal Polymer Films (LCP) and Laminates Market on upward trajectory. However, low weld and high cost characteristics of LCP can check the rate of growth of the market in the foreseeable future.
Competitive Dashboard:
Solvay SA, Celanese Corporation, Polyplastics Co. Ltd., Rogers Corporation, RTP Company, Asia International Enterprise (HK) Limited, Kuraray Co. Ltd, Shanghai PRET Composites Co., Ltd, Sumitomo Chemical Company, and PolyOne Corporation are some of the prominent participants of the Liquid Crystal Polymer Films (LCP) and Laminates Market.
Market Segmentation:
On the basis of Type, the Liquid Crystal Polymer Films (LCP) and Laminates Market have been divided into LCP films and LCP laminates. Among these, the LCP films segment held around 66.3% share of the market in 2017. It is poised to augment substantially over the next couple of years.
On the basis of Application, the Liquid Crystal Polymer Films (LCP) and Laminates Market have been segmented into electrical and electronics, packaging, medical devices, automotive and transportation, and others. Among these, the electrical and electronics segment was valued at USD 91502.7 Mn in 2017 and accounted for the largest share. It is anticipated to lead the Liquid Crystal Polymer Films (LCP) and Laminates Market through the forecast period.
Regional Analysis:
The Geographical Evaluation of the Liquid Crystal Polymer Films (LCP) and Laminates Market is covered for the following regions – Latin America, Asia Pacific, the Middle East and Africa (MEA), Europe, and North America. These regional segments are narrowed down to country-level basis for a comprehensive view of the market. Asia Pacific is assumed to hold the largest share if the market. It is projected to register 6.06% CAGR across the assessment period. The valuation of the regional segment is assessed to rise from USD 66205.1 Mn in 2017 to 93717.5 Mn in 2023. Rising growth rate if the electrical and electronics industry in APAC is supposed to provide impetus to expansion of Liquid Crystal Polymer Films (LCP) and Laminates Market. Urbanization is presumed to drive demand for consumer electronics which is anticipated to expand the Liquid Crystal Polymer Films (LCP) and laminates market size.
Browse Key Industry Insights spread across 143 pages with 164 market data tables & 21 figures & charts from the report, “Liquid Crystal Polymer (LCP) Films and Laminates Market Information: By Type (LCP Films and LCP Laminates), Application (Electrical and Electronics, Automotive and Transportation, Packaging, Medical Devices, Others), and Region – Growth Potential, Price Trends, Competitive Market Share & Forecast 2023” in detail along with the table of contents: https://www.marketresearchfuture.com/reports/lcp-films-laminates-market-7750
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Press Release Distributed by ABNewswire.com
To view the original version on ABNewswire visit: Liquid Crystal Polymer (LCP) Films and Laminates Market 2020 – Analysis, Trends, Top Manufacturers, Share, Growth, Statistics, Opportunities and Forecast to 2023
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