Liquid Crystal Polymers Market, By Product Type (Lyotropic LC Polymers and Thermotropic LC polymers), By Application (Electrical Connectors, Fiber Optics, Automotive Lamps, Vascular Catheters Reinforcement Brainding, Surgical Instruments, Cookware Coatings, and Others) , By Geography (North America, Latin America, Asia Pacific, Europe, Middle East, and Africa)

Published In : Jul 2024

Code : CMI3081

Pages :220

Formats :

Excel and PDF

Industry : Polymers and Resins

Market Concentration and Competitive Landscape

Liquid Crystal Polymers Market Concentration By Players

Close-monitor your Competitor's Move, Request sample copy

Automotive electrification

The automotive sector is poised to create significant demand for liquid crystal polymers in the foreseeable future driven by the electrification mega-trend. The thriving electric vehicle market and growing hybridization of conventional vehicles are leading to rising incorporation of advanced polymers in automotive electronics, electrical components, and powertrain systems. Liquid crystal polymers have emerged as the material of choice for a wide range of auto parts that require heat resistance, high voltage insulation, dimensional stability, and other rigorous performance attributes. Some of the key automotive applications of LCPs include battery modules, DC/DC converters, electric motors, charging inlets, BUS bars, and other connectivity parts. Their use in electrical vehicle charging contacts ensure safety, reliability, and longevity of fast and ultra-fast charging interfaces.

Key Players Insights