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Friday, 19 May 2017
Growth Prospects of the Liquid Crystal Polymer Market
Liquid Crystal Polymer (LCP) Market is a new market research publication announced by Reportstack. The global liquid crystal polymer market is expected to grow significantly during the forecast period 2017 to 2025. Liquid crystal polymer market is segmented in terms of types, forms, brands, application, and geography. Liquid crystals polymers are crystalline aromatic polyesters that are developed on the basis of structural units such as p-hydroxybenzoic acid and related monomers. Rising environment regulations for automotive emission has further boosted the demand for liquid crystal polymers.
The growth of liquid crystal polymers market is also driven by cryogenics applications in aerospace and defense sector. Rising demand for carbon reinforced liquid crystal polymers in the industrial sector is driving the growth of the market. Rising demand for LCPs for manufacturing components of electronics devices has acted as the push factor for the growth of the liquid crystal polymer market.