Liquid Crystal Polymers (LCP) Market Size To Exceed USD 1.23 Billion By 2020 : Grand View Research Inc.
San Francisco, 7 November 2019: The Report Liquid Crystal Polymers (LCP) Market Size, Share & Trends Analysis Report, By Application (Electrical & Electronics, Industrial Machinery, Automotive) And Segment Forecasts To 2020 Global Liquid Crystal Polymers (LCP) Market is expected to reach USD 1.23 billion by 2020, according to a new study by Grand View Research, Inc. Shift in trend towards miniaturization of electrical components such as surface mount device and connectors is expected to drive global LCP market. Growing demand for lightweight, high performance materials from automotive industry in order to improve fuel efficiency is also expected to have a positive influence on the market growth. Lower welding strength and warpage associated with LCP is expected to remain a key challenge for market participants. Electrical & electronics emerged as the leading application segment and accounted for 81.5% of total market volume in 2013. Growing engineering res