Liquid Crystal Polymer Films and Laminates Segmentation
Product (Films, Laminates)
Based on product, the films segment in the liquid crystal polymer films and laminates market is expected to account for the largest revenue share of 66.7% between 2025 and 2037 owing to its high usage in flexible printed circuits, connectors, antenna substrates, and several other electronic components. LCP films have high heat resistance and can withstand upto 300°C, making them a suitable choice for automotive, electronics, and aerospace.
These films have low dielectric constant and moisture absorption, and high chemical resistance, enhancing their scope applications such as medical implants, and surgical tools, aerospace components, fuel system components, and packaging. Key players are focused on launching novel products and services to enhance applications of LCP films across various sectors. In January 2022, Labtech Engineering Co. Ltd developed an LCP blown film line for laboratory and pilot plant production.
Application (Electrical & Electronics, Packaging, Automotive, Medical Devices)
Automotive segment in liquid crystal polymer films and laminates market is predicted to hold significant revenue share by 2037 owing to the need for sophisticated electronic components for autonomous driving and advanced driver assistance systems (ADAS). LCP films are widely used in sensors, radar and lighting systems, connectors, and other components in modern vehicles as these offer exceptional flame and heat retardancy, chemical resistance, and low moisture absorption.
LCPs play a crucial role in ensuring the operational efficiency of battery and thermal management systems, and power electronics. In addition, rising demand for lightweight and high-performance materials and growing adoption of electric vehicles is expected to further boost segment growth. One of the recent launches of LCPs in the automotive sector is Solvay’s LCP G-330 HH material which addresses challenging insulation and thermal requirements battery-based EVs.
Our in-depth analysis of the global liquid crystal polymer films and laminates market includes the following segments:
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