Liquid Crystal Polymer Films & Laminates Market Market Expected To Witness A CAGR Exceeding 7.1% by 2030
Liquid Crystal Polymer Films & Laminates Industry Overview The global liquid crystal polymer films and laminates market size was estimated at USD 147.6 million in 2021 and is projected to augment at a CAGR of 7.1% from 2022-to-2030. The market growth is primarily driven by the increasing use of LCP films & laminates as an alternative to polyimide films in various application industries. This trend is anticipated to continue in the forecast period. Liquid crystal polymer (LCP) belongs to the family of thermoplastics, having a unique set of properties. It is a super engineering plastic, which is tolerant under harsh environments. It has high heat, electrical, and chemical resistance. LCPs are anisotropic in nature (in both solid and liquid crystal phases), which means strength, stiffness, and thermal expansion will be greater in one direction but not the same in every direction. Also, LCP is ideal for flexible printed circuits (FPCs), antenna substrates, and housings beca...