Global Linear Alpha Olefins Market to Incur Meteoric Growth During 2005 – 20Posted by Abhijeet More on September 19th, 2019 Liquid Crystal Polymers (LCP) Market are aromatic polyesters by composition that exist in the liquid crystal state. They exhibit a partially crystalline structure and their molecules are largely aligned. They have remarkable physical properties and chemical inertness by the virtue of which are capable of replacing metals, ceramics and several other engineering plastics in high-end applications. LCPs finds use in electronic components like printed circuit boards and surface mounted devices to name a few. Electrical &Electronics and Consumer Electronics are so far the largest consumers of LCP and will continue being the major consumers in the long term forecast. Other applications for LCPs include Automotives (power trains of hybrid cars), Industrial, Medical and other applications like Aerospace and Bakeware.
Miniaturization of electronic parts owing to the need of ultra-thin components and lead-free soldering techniques are the major growth driving factor for LCPs in the electronics industry. Growing population, increasing disposable income, and per capita consumption of plastics are some of the key factors supporting the growth in demand for plastics in the electronics industry. Its high prices compared to other commodity plastics put it to some disadvantage. However, its outstanding properties outweigh this and the market for LCP is likely to expand over the years. For More Report :- https://prismaneconsulting.com/reports Like it? Share it!More by this author |