South America is expected to be the fastest-growing liquid crystal polymers market during the forecast period, in terms of value. The demand for liquid crystal polymers in medical application is increasing on account of the replacing traditional metals and plastic devices and equipment with high performance materials devices and equipment and the effect of COVID-19 on this segment is less comparatively. Medical application of liquid crystal polymers is projected to witness the highest CAGR of 9.6% between 20. The market size was estimated to be USD 1,152 million in 2020 and is projected to register a CAGR of 8.2% between 20, in terms of value. In the emerging 5G communication, liquid crystal polymers are being viewed on a large scale as a novel material with an optimistic outlook for mobile phone antennas.Įlectrical & electronics to hold the largest share in liquid crystal polymers market between 20.Įlectrical & electronics accounted for the largest size of the liquid crystal polymers market, in terms of value in 2020. Moreover, fast-growing technologies, such as 5G communication and 3D printing hold high stakes of growth for the liquid crystal polymers market. Furthermore, increasing application of liquid crystal polymers films in flexible solar cells, owing to its exceptional heat resistance and low water absorbency are also underpinning gains for the market. Apid pace with a multitude of applications, ranging from electrical & electronics and automotive to consumer goods, sports, leisure, and medical devices.

Crystal report 10 registration key