Liquid Crystal Polymer Market research report by 2017 to 2024

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Liquid Crystal Polymer Market research report by
2017 to 2024
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• Global Market Scenario of Polymer Industry

• The growing number of innovations and RD
  programs across the polymer space have had a
  profound impact on liquid crystal polymer (LCP)
  market size. Pertaining to the inert and highly
  water-resistant characteristics of LCP, this
  polymer is being prominently used for
  encapsulation of electronics components,
  electronics packaging, and as a base material for
  neural prosthetic devices on large scale, which
  has led to LCP industry size being pegged at USD
  375 million in 2016.
• Taking into account its numerous benefits,
  leading electronics equipment manufacturers are
  investing heavily in research and development
  activities to enhance the performance of
  electronic devices.
• For instance, the U.S. based smartphone
  manufacturer, Apple has upgraded its iPhone
  models with liquid crystal antennas, that would
  help improve the transmission speed of LTE data.
• Ongoing developments in the electronics media
  industry such as the aforementioned are certain
  to push liquid crystal polymer industry share
  over the years ahead. Moreover, LCP is one of the
  3D quantum liquid crystals, which has been touted
  to transform the future of computers, owing to
  its high speed, compatibility with a
  micro-fabrication process, and flexibility.

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• In addition to this, nowadays, LCP has become one
  of the primary components in aerospace and
  automotive applications, where high heat
  deflection is required, pertaining to its
  properties such as lower coefficient of thermal
  expansion, abrasion resistance, and high
  mechanical strength, which would further drive
  LCP industry size.
• LCPs numerous benefits stand to be one of the
  main driving forces of liquid crystal polymer
  market. On these grounds, several research
  institutes are taking initiatives to improve the
  applicability of material for space applications.
  Recently, the Earth Science Technology Office of
  NASA provided funding to numerous researchers
  from the Georgia Institute of Technology to
  evaluate LCP material electronics applications in
  space a research project that would have
  considerable impact on liquid crystal polymer
  industry share.

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• 360 Industry Analysis

• LCP can be incorporated in several electronics
  circuits, as it is ultra-thin (like plastic), can
  even be molded in any shape, and performs well in
  critical temperatures and intense radiation.
• One of the senior research engineers at Glenn
  Research Center of NASA has added that on the
  grounds of its properties, LCP has replaced other
  conventional materials for manufacturing circuit
  boards and antennas in high-frequency
  applications. The growing popularity of flexible
  liquid crystal polymer antennas will thus have a
  significant impact on LCP market outlook over the
  years ahead.

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• 360 Analysis

• Since the last few years, computer hardware
  manufacturers are continuously investing in LCP
  production to develop products that would prove
  useful in numerous end-use domains. Noctua, the
  Austria based computer cooling equipment
  manufacturer, has recently announced its next-gen
  120 mm, A-series fan at the Computex 2017 these
  impellers are manufactured from LCP and call for
  lesser fan vibration, little fan creep, and
  strict tolerances. Introducing impellers of LCP
  material may lead to the generation of numerous
  opportunities for LCP industry giants, owing to
  the materials high stiffness, rigidity, and
  tensile strength, and the fact that impellers are
  widely used in myriad applications
• Speaking about the future scope of LCP, it would
  be prudent to mention that recently, a
  groundbreaking research had been unearthed in LCP
  market. Certain research communities detected
  that an artificial iris developed from light
  crystal polymer has the capability to respond
  similar to the human eye.

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