Liquid Crystal Polymer (LCP) Market - Opportunities, Size & Growth Projections {2027}
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The global liquid crystal polymer (LCP) market is anticipated to witness healthy growth, growing at a CAGR of approximately 5% during the forecast period. LCP is a super engineering plastic, with a combination of high modulus, strength and impact properties, resistance to a broad range of aggressive chemicals, low and tailorable coefficients of thermal expansion (CTE), thin-wall flowability, outstanding dimensional stability, and unique processability. One of the main factors fueling the growth of the LCP market is the strong demand for thinner and smaller electrical components that withstand high wear and temperatures. Global Liquid Crystal Polymer (LCP) Market Segmentation The global market for liquid crystal polymer is categorized based on type, end-user industry and regions. Based on type: the market is segmented as thermotropic and lyotropic, while based on end-user industry: the market is segmented as electrical & electronics, industrial machiner...