Liquid Crystal Polymers LCPs Sales

Liquid Crystal Polymers (LCPs) Sales Market Outlook

The global Liquid Crystal Polymers (LCPs) market is expected to reach approximately USD 4.5 billion by 2035, growing at a compound annual growth rate (CAGR) of around 7.5% during the forecast period from 2025 to 2035. This growth is driven by the increasing demand for lightweight and high-performance materials across various industries, particularly in the electronics and automotive sectors, where the need for advanced materials to enhance performance and efficiency is paramount. Additionally, advancements in technology and manufacturing processes have led to the development of new and improved LCP products, further propelling market growth. The surge in demand for miniaturized components that require high thermal stability and resistance to chemicals is also a significant factor contributing to the expansion of the LCPs market. Furthermore, growing environmental concerns are pushing industries to adopt more sustainable materials, making LCPs an appealing choice due to their recyclability and lower carbon footprint.

Growth Factor of the Market

The growth of the Liquid Crystal Polymers (LCPs) market can be largely attributed to several key factors. Firstly, the electronics industry is witnessing rapid advancements and innovations, leading to increased utilization of LCPs in electronic components due to their superior thermal stability and electrical insulating properties. Moreover, the automotive sector is shifting towards lightweight materials to enhance fuel efficiency and reduce emissions, further bolstering the demand for LCPs in applications such as connectors and housings. Additionally, the aerospace industry is also a significant consumer of LCPs, as the lightweight and high-strength characteristics of these polymers contribute to performance improvements in aircraft components. The healthcare sector is experiencing growth in the use of LCPs due to their biocompatibility and resistance to sterilization processes. Lastly, the expansion of industries in emerging markets, particularly in Asia-Pacific, is expected to provide lucrative opportunities for LCP manufacturers, resulting in sustained market growth.

Key Highlights of the Market

• The global LCP market is projected to reach USD 4.5 billion by 2035, with a CAGR of 7.5%.
• Increasing demand for lightweight materials in automotive and aerospace applications.
• Technological advancements driving innovation in LCP manufacturing and applications.
• Growing utilization of LCPs in the electronics industry, particularly in miniaturized devices.
• Emerging markets, especially in Asia-Pacific, are becoming significant growth areas for LCPs.

By Product Type

Thermotropic LCPs:

Thermotropic Liquid Crystal Polymers (LCPs) are characterized by their ability to exhibit liquid crystal behavior with changes in temperature rather than solvent concentration. These polymers are gaining traction due to their strong mechanical properties and excellent thermal stability, making them suitable for high-temperature applications. Thermotropic LCPs are predominantly used in the electronics sector for components such as connectors, insulators, and circuit boards, where their ability to withstand elevated temperatures is crucial. The demand for thermotropic LCPs is expected to grow as the electronics industry progresses towards increasingly sophisticated and compact devices that require robust materials capable of maintaining performance amidst harsh environmental conditions.

Lyotropic LCPs:

Lyotropic Liquid Crystal Polymers (LCPs) are dissolved in a solvent, where specific concentrations lead to the formation of liquid crystalline phases. These polymers are known for their remarkable flow properties, which enable them to be processed easily into various forms, such as films and fibers. The lyotropic LCPs segment is particularly favored in textile applications, where their unique properties can enhance the functionality of fabrics, such as moisture management and durability. As industries continue to explore innovative applications for lyotropic LCPs, the segment is anticipated to witness substantial growth, driven by increasing demands for technical textiles in sectors such as automotive and healthcare.

Smectic LCPs:

Smectic LCPs exhibit a layered liquid crystalline structure, which imparts distinctive properties that make them suitable for specialized applications. This type of LCP is often used in thin film applications, providing excellent optical and mechanical performance. The smectic LCPs are particularly valuable in the production of displays and optical devices, where their unique anisotropic characteristics can be leveraged. With the rapid advancement in display technologies and the increasing incorporation of LCPs in optical devices, the smectic LCP segment is projected to experience significant growth during the forecast period, driven by both technological innovations and rising consumer demand for high-quality visual experiences.

Nematic LCPs:

Nematic LCPs are distinguished by their unique molecular alignment that offers a balance of mechanical strength and thermal resistance. These polymers are commonly used in the manufacturing of electronic components, such as connectors and housings, where their excellent heat resistance and insulating properties are essential. The market for nematic LCPs is experiencing robust growth, driven by increasing adoption in the consumer electronics sector, particularly with the proliferation of smart devices that require advanced materials to support compact and high-performance designs. As the need for reliable and efficient materials continues to grow in the electronics field, the demand for nematic LCPs is set to rise significantly.

Chiral Nematic LCPs:

Chiral nematic LCPs, also known as cholesteric liquid crystals, exhibit unique optical characteristics, including selective reflection of light and the ability to form colorful displays. These properties make chiral nematic LCPs particularly appealing for applications in display technologies and optical sensors. The growing interest in innovative display solutions, including flexible and lightweight screens, is expected to drive the demand for chiral nematic LCPs. As industries such as consumer electronics and automotive increasingly incorporate advanced display technologies, the chiral nematic LCPs segment is projected to see significant growth, fueled by the need for enhanced visual experiences and aesthetic appeal.

By Application

Electrical & Electronics:

The electrical and electronics segment is one of the largest consumers of Liquid Crystal Polymers (LCPs), driven by the demand for high-performance materials in various electronic components. LCPs are prized for their excellent thermal stability, electrical insulating properties, and resistance to chemicals, making them ideal for applications such as connectors, circuit boards, and insulators. As the electronics industry continues to evolve with the advent of miniaturized devices and smart technologies, the need for reliable and high-performance materials like LCPs is expected to increase significantly. The continuous advancements in electronic applications, coupled with the growing trend towards lightweight and compact designs, further reinforces the positive outlook for LCPs in this segment.

Automotive:

In the automotive sector, Liquid Crystal Polymers (LCPs) are increasingly being adopted for their lightweight and high-performance characteristics. The automotive industry is under constant pressure to improve fuel efficiency and reduce emissions, prompting manufacturers to seek materials that contribute to weight reduction without compromising strength and durability. LCPs are used in various automotive components, including connectors, housings, and interior parts. Moreover, the trend towards electric vehicles (EVs) is driving the demand for advanced materials that can withstand high temperatures and provide structural integrity. As the automotive landscape evolves, the adoption of LCPs is expected to continue its upward trajectory, propelled by a focus on performance and sustainability.

Aerospace:

The aerospace industry is a significant consumer of Liquid Crystal Polymers (LCPs), owing to their exceptional mechanical properties and resistance to harsh environmental conditions. LCPs are used in various applications, including structural components, electronic systems, and thermal insulation, where their lightweight nature and high strength-to-weight ratio are crucial. The increasing focus on fuel efficiency and performance in aerospace design is driving the demand for advanced materials like LCPs. Furthermore, the growing trend towards lightweight aircraft and the development of new aerospace technologies are expected to fuel the growth of LCPs, making them an essential material in the aerospace sector.

Industrial:

In industrial applications, Liquid Crystal Polymers (LCPs) are valued for their robustness and versatility. They are utilized in a range of industrial components, including pumps, valves, and seals, where their chemical resistance and thermal stability are essential for reliable performance. The industrial segment is experiencing growth due to the increasing demand for high-performance materials in manufacturing processes and machinery. As industries continue to invest in automation and advanced manufacturing technologies, the utilization of LCPs is expected to rise, driven by the need for materials that can withstand harsh operating conditions while maintaining efficiency and longevity.

Healthcare:

The healthcare sector is witnessing a growing adoption of Liquid Crystal Polymers (LCPs) due to their biocompatibility and resistance to sterilization processes, making them ideal for medical applications. LCPs are used in various medical devices and equipment, including surgical instruments, diagnostic tools, and implantable devices. The increasing focus on advanced healthcare technologies and the demand for high-quality medical materials are driving the growth of LCPs in this sector. As the global healthcare landscape evolves, with innovations in medical devices and an increasing emphasis on patient safety, the application of LCPs is expected to expand significantly, presenting opportunities for manufacturers in this niche market.

By Distribution Channel

Direct Sales:

The direct sales channel plays a crucial role in the distribution of Liquid Crystal Polymers (LCPs), allowing manufacturers to engage directly with customers and provide tailored solutions. This approach enables companies to build strong relationships with clients and offer personalized service, which is essential for addressing the specific needs of various industries. Direct sales also facilitate better inventory management and faster response times, which can be critical in high-demand applications. As the need for customized solutions continues to grow, the direct sales channel is expected to witness steady growth, driven by the increasing demand for specialized LCP products.

Indirect Sales:

The indirect sales channel encompasses a variety of distribution partners, including wholesalers, distributors, and retailers, which provide Liquid Crystal Polymers (LCPs) to a broader customer base. This channel is essential for reaching end-users in diverse industries who may not have direct access to manufacturers. Indirect sales are advantageous as they provide flexibility and convenience to customers, allowing them to source LCPs from multiple suppliers. As the market continues to expand, the indirect sales channel is expected to grow, supported by the increasing establishment of distribution networks and the rising demand for LCPs across various applications.

By Ingredient Type

Aromatic LCPs:

Aromatic Liquid Crystal Polymers (LCPs) are known for their superior mechanical strength and thermal stability, making them suitable for high-performance applications. These polymers are widely utilized in the electronics and automotive sectors, where their properties contribute to the reliability and efficiency of components. The demand for aromatic LCPs is expected to grow significantly, driven by the expansion of industries that require advanced materials capable of withstanding extreme conditions. As technological advancements continue to shape the landscape of these industries, the utilization of aromatic LCPs is set to rise, bolstered by their ability to provide enhanced performance and durability.

Aliphatic LCPs:

Aliphatic Liquid Crystal Polymers (LCPs) are characterized by their flexibility and ease of processing, making them suitable for various applications, including films and fibers. These polymers are gaining traction in industries such as textiles and packaging, where their unique properties can be leveraged to enhance product performance. The market for aliphatic LCPs is expected to expand as the demand for flexible materials increases, especially in the context of sustainable packaging solutions. Additionally, as industries seek to innovate and diversify their product offerings, the appeal of aliphatic LCPs is anticipated to grow, driven by their versatility and functional benefits.

Copolymer LCPs:

Copolymer Liquid Crystal Polymers (LCPs) are engineered to exhibit specific properties by combining different monomers, resulting in materials that can be tailored for various applications. These polymers are increasingly being adopted in industries that require customized solutions, particularly in electronics and automotive applications, where specific performance criteria must be met. The flexibility of copolymer LCPs allows manufacturers to innovate and develop new products that cater to niche markets, driving their growth. As the need for specialized materials continues to rise, the market for copolymer LCPs is expected to expand, supported by advancements in polymer science and engineering.

Liquid Crystal Oligomers:

Liquid Crystal Oligomers are smaller molecular-weight polymers that exhibit liquid crystalline behavior. These materials are often used in applications that require high performance in a compact form factor, such as sensors and optical devices. The growing interest in miniaturization and advanced technology applications is expected to drive the demand for liquid crystal oligomers, as they provide unique advantages in terms of processing and functionality. As industries continue to explore innovative applications for these materials, the market for liquid crystal oligomers is poised for growth, particularly in fields such as electronics and telecommunications.

By Region

In North America, the Liquid Crystal Polymers (LCPs) market is poised for robust growth, expected to account for approximately 30% of the global market share by 2035. The region benefits from a well-established electronics industry and is home to numerous key players that drive innovation in LCP applications. Additionally, the automotive sector in North America is increasingly adopting lightweight materials to enhance fuel efficiency, further propelling the demand for LCPs. The CAGR for the North American LCP market is projected to be around 7%, driven by advancements in technology and the continuous push towards sustainable materials.

Europe holds a significant share of the Liquid Crystal Polymers (LCPs) market, projected to contribute nearly 25% of the global market size by 2035. The region's focus on aerospace innovations and advancements in the healthcare sector are key drivers for LCP demand. European manufacturers are actively investing in research and development to enhance LCP properties and expand their applications. Furthermore, the increasing emphasis on environmental sustainability is driving the transition to LCPs in various industries, aligning with the growing trend of adopting eco-friendly materials. As a result, the European LCP market is expected to witness a CAGR of 6.5% during the forecast period.

Opportunities

The Liquid Crystal Polymers (LCPs) market presents numerous opportunities, particularly as industries continue to seek advanced materials that combine high-performance characteristics with sustainability. One of the primary opportunities lies in the growing demand for lightweight and durable materials in the automotive sector. With the rise of electric vehicles and stringent regulations on emissions, automotive manufacturers are under pressure to innovate and adopt materials that contribute to overall vehicle efficiency. LCPs offer an ideal solution, as they provide the necessary strength and stability while minimizing weight. Additionally, the ongoing advancements in manufacturing technologies and the expansion of research into new LCP formulations present exciting prospects for product development and market expansion.

Another significant opportunity for the LCP market is in the healthcare sector, where the increasing demand for advanced medical devices and equipment is driving innovation. LCPs are known for their biocompatibility and resistance to sterilization processes, making them suitable for various medical applications. As the healthcare industry continues to embrace technological advancements and the need for high-quality, reliable materials, the demand for LCPs is anticipated to rise. Moreover, the growing trend towards personalized medicine and the development of innovative medical solutions will further bolster the need for specialized LCP products tailored to specific healthcare applications. These opportunities highlight the potential for growth within the LCP market, driven by the evolving needs of diverse industries.

Threats

While the Liquid Crystal Polymers (LCPs) market is poised for growth, it also faces several threats that could impact its expansion. One of the primary threats is the increasing competition from alternative materials, such as thermoplastics and composite materials, which are being developed to offer similar or superior performance characteristics at potentially lower costs. As industries continue to explore new materials that can meet their specific requirements, the demand for LCPs may be challenged. Additionally, fluctuations in raw material prices and supply chain disruptions could pose significant risks to LCP manufacturers, affecting production costs and availability. The market landscape is also influenced by stringent regulatory frameworks, as manufacturers must comply with various environmental and safety standards, which could hinder their ability to innovate and adapt to changing market demands.

Another concern lies in the potential for technological advancements that may render certain LCP applications obsolete. As sectors such as electronics and automotive continuously evolve, there is a risk that new materials and technologies could emerge that exceed the capabilities of LCPs. This could lead to a decline in demand for specific LCP products, negatively impacting the market. Moreover, the ongoing global economic uncertainties pose a challenge, as they could affect industries' investment capacities and willingness to adopt new materials. Companies operating in the LCP market must remain vigilant and adaptable to mitigate these threats, ensuring they continue to meet the evolving needs of their customers while navigating potential obstacles in the market.

Competitor Outlook

• Celanese Corporation
• Toray Industries, Inc.
• Sumitomo Chemical Co., Ltd.
• Solvay S.A.
• DuPont de Nemours, Inc.
• Asahi Kasei Corporation
• Honghu Shunhui Technology Co., Ltd.
• RTP Company
• Sabic Innovative Plastics
• Kraton Corporation
• PolyOne Corporation
• Teijin Limited
• Mitsui Chemicals, Inc.
• Eastman Chemical Company
• Victrex plc

The competitive landscape of the Liquid Crystal Polymers (LCPs) market is characterized by the presence of several prominent players who contribute to market innovation and expansion. These companies are actively engaging in research and development to enhance LCP properties and to create advanced formulations tailored to meet the specific needs of various applications. Many of these key players have established themselves as leaders in the industry by investing significantly in technological advancements and expanding their production capacities. Additionally, collaborations and partnerships among these companies are on the rise, facilitating the exchange of knowledge and resources to boost product offerings and market reach.

Celanese Corporation, a leading global technology and specialty materials company, is renowned for its innovative portfolio of LCPs, which cater to a wide range of applications, including electronics and automotive components. With a strong focus on sustainability and performance, Celanese is committed to developing advanced materials that align with industry trends, positioning itself as a key player in the LCP market. Similarly, Toray Industries, Inc. is a major competitor in the LCP sector, offering a diverse range of high-performance polymers that meet the stringent requirements of various industries. The company emphasizes research and development to continuously improve its product offerings and maintain a competitive edge.

Solvay S.A. is another significant player in the LCP market, recognized for its advanced polymer solutions that cater to diverse applications, including aerospace and healthcare. The company’s commitment to sustainability and innovation has positioned it as a leader in the development of high-performance materials. Similarly, DuPont de Nemours, Inc. has a long-standing reputation for producing innovative materials, including LCPs, that are widely used across several sectors. DuPont’s focus on advanced manufacturing processes and collaborative partnerships further strengthens its position within the market. With an increasing emphasis on lightweight and high-performance materials, the competitive landscape for LCPs is expected to evolve, with existing players continuing to adapt and innovate to meet the demands of various industries.

• 1 Appendix

  • 1.1 List of Tables
  • 1.2 List of Figures

• 2 Introduction

  • 2.1 Market Definition
  • 2.2 Scope of the Report
  • 2.3 Study Assumptions
  • 2.4 Base Currency & Forecast Periods

• 3 Market Dynamics

  • 3.1 Market Growth Factors
  • 3.2 Economic & Global Events
  • 3.3 Innovation Trends
  • 3.4 Supply Chain Analysis

• 4 Consumer Behavior

  • 4.1 Market Trends
  • 4.2 Pricing Analysis
  • 4.3 Buyer Insights

• 5 Key Player Profiles

  • 5.1 RTP Company
    • 5.1.1 Business Overview
    • 5.1.2 Products & Services
    • 5.1.3 Financials
    • 5.1.4 Recent Developments
    • 5.1.5 SWOT Analysis
  • 5.2 Solvay S.A.
    • 5.2.1 Business Overview
    • 5.2.2 Products & Services
    • 5.2.3 Financials
    • 5.2.4 Recent Developments
    • 5.2.5 SWOT Analysis
  • 5.3 Victrex plc
    • 5.3.1 Business Overview
    • 5.3.2 Products & Services
    • 5.3.3 Financials
    • 5.3.4 Recent Developments
    • 5.3.5 SWOT Analysis
  • 5.4 Teijin Limited
    • 5.4.1 Business Overview
    • 5.4.2 Products & Services
    • 5.4.3 Financials
    • 5.4.4 Recent Developments
    • 5.4.5 SWOT Analysis
  • 5.5 Kraton Corporation
    • 5.5.1 Business Overview
    • 5.5.2 Products & Services
    • 5.5.3 Financials
    • 5.5.4 Recent Developments
    • 5.5.5 SWOT Analysis
  • 5.6 PolyOne Corporation
    • 5.6.1 Business Overview
    • 5.6.2 Products & Services
    • 5.6.3 Financials
    • 5.6.4 Recent Developments
    • 5.6.5 SWOT Analysis
  • 5.7 Celanese Corporation
    • 5.7.1 Business Overview
    • 5.7.2 Products & Services
    • 5.7.3 Financials
    • 5.7.4 Recent Developments
    • 5.7.5 SWOT Analysis
  • 5.8 Mitsui Chemicals, Inc.
    • 5.8.1 Business Overview
    • 5.8.2 Products & Services
    • 5.8.3 Financials
    • 5.8.4 Recent Developments
    • 5.8.5 SWOT Analysis
  • 5.9 Toray Industries, Inc.
    • 5.9.1 Business Overview
    • 5.9.2 Products & Services
    • 5.9.3 Financials
    • 5.9.4 Recent Developments
    • 5.9.5 SWOT Analysis
  • 5.10 Asahi Kasei Corporation
    • 5.10.1 Business Overview
    • 5.10.2 Products & Services
    • 5.10.3 Financials
    • 5.10.4 Recent Developments
    • 5.10.5 SWOT Analysis
  • 5.11 DuPont de Nemours, Inc.
    • 5.11.1 Business Overview
    • 5.11.2 Products & Services
    • 5.11.3 Financials
    • 5.11.4 Recent Developments
    • 5.11.5 SWOT Analysis
  • 5.12 Eastman Chemical Company
    • 5.12.1 Business Overview
    • 5.12.2 Products & Services
    • 5.12.3 Financials
    • 5.12.4 Recent Developments
    • 5.12.5 SWOT Analysis
  • 5.13 Sabic Innovative Plastics
    • 5.13.1 Business Overview
    • 5.13.2 Products & Services
    • 5.13.3 Financials
    • 5.13.4 Recent Developments
    • 5.13.5 SWOT Analysis
  • 5.14 Sumitomo Chemical Co., Ltd.
    • 5.14.1 Business Overview
    • 5.14.2 Products & Services
    • 5.14.3 Financials
    • 5.14.4 Recent Developments
    • 5.14.5 SWOT Analysis
  • 5.15 Honghu Shunhui Technology Co., Ltd.
    • 5.15.1 Business Overview
    • 5.15.2 Products & Services
    • 5.15.3 Financials
    • 5.15.4 Recent Developments
    • 5.15.5 SWOT Analysis

• 6 Market Segmentation

  • 6.1 Liquid Crystal Polymers LCPs Sales Market, By Application
    • 6.1.1 Electrical & Electronics
    • 6.1.2 Automotive
    • 6.1.3 Aerospace
    • 6.1.4 Industrial
    • 6.1.5 Healthcare
  • 6.2 Liquid Crystal Polymers LCPs Sales Market, By Product Type
    • 6.2.1 Thermotropic LCPs
    • 6.2.2 Lyotropic LCPs
    • 6.2.3 Smectic LCPs
    • 6.2.4 Nematic LCPs
    • 6.2.5 Chiral Nematic LCPs
  • 6.3 Liquid Crystal Polymers LCPs Sales Market, By Ingredient Type
    • 6.3.1 Aromatic LCPs
    • 6.3.2 Aliphatic LCPs
    • 6.3.3 Copolymer LCPs
    • 6.3.4 Liquid Crystal Oligomers
  • 6.4 Liquid Crystal Polymers LCPs Sales Market, By Distribution Channel
    • 6.4.1 Direct Sales
    • 6.4.2 Indirect Sales

• 7 Competitive Analysis

  • 7.1 Key Player Comparison
  • 7.2 Market Share Analysis
  • 7.3 Investment Trends
  • 7.4 SWOT Analysis

• 8 Research Methodology

  • 8.1 Analysis Design
  • 8.2 Research Phases
  • 8.3 Study Timeline

• 9 Future Market Outlook

  • 9.1 Growth Forecast
  • 9.2 Market Evolution

• 10 Geographical Overview

  • 10.1 Europe - Market Analysis
    • 10.1.1 By Country
      • 10.1.1.1 UK
      • 10.1.1.2 France
      • 10.1.1.3 Germany
      • 10.1.1.4 Spain
      • 10.1.1.5 Italy
  • 10.2 Asia Pacific - Market Analysis
    • 10.2.1 By Country
      • 10.2.1.1 India
      • 10.2.1.2 China
      • 10.2.1.3 Japan
      • 10.2.1.4 South Korea
  • 10.3 Latin America - Market Analysis
    • 10.3.1 By Country
      • 10.3.1.1 Brazil
      • 10.3.1.2 Argentina
      • 10.3.1.3 Mexico
  • 10.4 North America - Market Analysis
    • 10.4.1 By Country
      • 10.4.1.1 USA
      • 10.4.1.2 Canada
  • 10.5 Middle East & Africa - Market Analysis
    • 10.5.1 By Country
      • 10.5.1.1 Middle East
      • 10.5.1.2 Africa
  • 10.6 Liquid Crystal Polymers LCPs Sales Market by Region

• 11 Global Economic Factors

  • 11.1 Inflation Impact
  • 11.2 Trade Policies

• 12 Technology & Innovation

  • 12.1 Emerging Technologies
  • 12.2 AI & Digital Trends
  • 12.3 Patent Research

• 13 Investment & Market Growth

  • 13.1 Funding Trends
  • 13.2 Future Market Projections

• 14 Market Overview & Key Insights

  • 14.1 Executive Summary
  • 14.2 Key Trends
  • 14.3 Market Challenges
  • 14.4 Regulatory Landscape

Segments Analyzed in the Report

The global Liquid Crystal Polymers LCPs Sales market is categorized based on

By Product Type

• Thermotropic LCPs
• Lyotropic LCPs
• Smectic LCPs
• Nematic LCPs
• Chiral Nematic LCPs

By Application

• Electrical & Electronics
• Automotive
• Aerospace
• Industrial
• Healthcare

By Distribution Channel

• Direct Sales
• Indirect Sales

By Ingredient Type

• Aromatic LCPs
• Aliphatic LCPs
• Copolymer LCPs
• Liquid Crystal Oligomers

By Region

• North America
• Europe
• Asia Pacific
• Latin America
• Middle East & Africa

Key Players

• Celanese Corporation
• Toray Industries, Inc.
• Sumitomo Chemical Co., Ltd.
• Solvay S.A.
• DuPont de Nemours, Inc.
• Asahi Kasei Corporation
• Honghu Shunhui Technology Co., Ltd.
• RTP Company
• Sabic Innovative Plastics
• Kraton Corporation
• PolyOne Corporation
• Teijin Limited
• Mitsui Chemicals, Inc.
• Eastman Chemical Company
• Victrex plc