- In March 2023, Solvay, a leader in specialized materials, introduced a new high-heat and flame-retardant grade to its Xydar® liquid crystal polymer (LCP) portfolio. This addition is aimed at meeting the stringent safety requirements for electric vehicle battery components. By expanding its LCP offerings, Solvay continues to enhance its capabilities to support the growing demand for advanced materials in the automotive industry
- In January 2022, Sumitomo Chemical announced the expansion of additional production lines for its liquid crystal polymer (LCP) SUMIKASUPERTM at its Ehime Works in Niihama, Japan. This expansion aims to increase the Group's production capacity by around 30%. LCP is produced at both Sumitomo Chemical’s Ehime Works and the Harima Works of its subsidiary, Taoka Chemical Co., Ltd., supporting the growing demand for high-performance engineering plastics
- In January 2021, Celanese Corporation unveiled plans for a new greenfield manufacturing facility in China to meet the rapidly increasing demand for liquid crystal polymers. The first phase of the project is expected to be completed by 2024, with an annual production capacity of 20,000 tons. This expansion highlights the company's commitment to addressing market growth and strengthening its presence in the region
Frequently Asked Questions
The market is segmented based on Global Liquid Crystal Polymer for Medical Market Segmentation, By Type (Thermotropic and Lyotropic), Brands (Laperos LCP, Vectra/Zenite, Sumikasuper, Xydar, Siveras, and Others) – Industry Trends and Forecast to 2032
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The Global Liquid Crystal Polymer For Medical Market size was valued at USD 234.93 USD Million in 2024.
The Global Liquid Crystal Polymer For Medical Market is projected to grow at a CAGR of 5.28% during the forecast period of 2025 to 2032.
The market report covers data from the U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E., South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America..
