𝑻𝒐 𝒓𝒆𝒄𝒆𝒊𝒗𝒆 𝒇𝒓𝒆𝒆 𝒔𝒂𝒎𝒑𝒍𝒆 𝒑𝒂𝒈𝒆𝒔 𝒐𝒇 𝒕𝒉𝒊𝒔 𝒓𝒆𝒑𝒐𝒓𝒕@ https://www.psmarketresearch.com/market-analysis/liquid-crystal-polymer-market/report-sample?utm_source=ok&utm_medium=pramod The value of the liquid crystal polymer market was USD 1,313 million in 2022, and it will grow at a rate of 7.60% in the years to come, to touch USD 2,360 million by 2030, as stated by a market research firm, P&S Intelligence in one of its reports.
Thermotropic type had the largest share, of about 80%, in the past. This is due to the fact that, it has exceptional thermal properties, displays improved elasticity, and has low viscosity. It is also used in different electronic products including tablets, laptops, and televisions.
The semiconductor & electronics category will grow the fastest in the years to come, powering at a rate of 8.2%. This is because of the miniaturization of electronic products, and numerous features of LCPs including extraordinary chemical resistance, characteristic flame retardance, and unpaid strength at extreme temperatures.
APAC leads the liquid crystal polymer market, with 62% share, and it will maintain this in the future. This is because of the fast expansion of the electronics sector, reasonably priced manufacturing capabilities, a huge base of population, and tech advancements.
This will also be driven by the increasing requirement for semiconductor and electronic components in smart watches, flat TVs, calculators, smartphones, desktops, tablets and laptops.
Smartwatches and smartphones will be highly demanded, because of their customer appeal and high acceptance rate across local demographics.
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