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Follow on Google News | Global Liquid Crystal Polymers (LCP) Market Size and Forecast up to 2020: Grand View Research, IncNew Market Research Reports Title ” Global Liquid Crystal Polymers (LCP) Market Analysis Size And Segment Forecasts To 2020” Has Beed Added to Grand View Reseach, Inc Report Database
By: Grand View Research, Inc Electrical & electronics emerged as the leading application segment and accounted for 81.5% of total market volume in 2013. Growing engineering resins demand for manufacturing ultra-thin electrical components is expected to remain a key driving factor for this segment. LCP is favored over other engineering resins such as polyphenylene sulfide (PPS), nylon 46 and polyphthalamide (PPA) which has further propelled market growth. Electrical & electronics is also expected to witness the highest growth rate of 8.9% over the forecast period. LCP demand from automotive industry is expected to grow at an estimated CAGR of 7.3% from 2014 to 2020. Shift in trend towards adoption of lightweight, high performance materials from automotive industry particularly in the U.S. and Europe is expected to drive this segment. To request a sample copy or view summary of this report, click the link : http://www.grandviewresearch.com/ End
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