Sumitomo Chemical Bio Based Liquid Crystal Polymer Production Growth Strategy

Sumitomo Chemical Establishes Huge Manufacturing Technology for Super Engineering Plastic Using Biomass Materials

Sumitomo Chemical successfully developed mass production technology for liquid crystal polymer (LCP) using  a biomass-derived monomer. As a global leader in the LCP market, the company is leveraging this advanced capability to accelerate the implementation of a commercial-scale manufacturing system for bio-based LCP.

Key Aspects of the Project

Sumitomo Chemical has successfully developed a Liquid Crystal Polymer (LCP) manufacturing process utilizing biomass raw materials. In this process, the company has implemented a segregation approach that completely isolates biomass materials from other inputs throughout production. Liquid Crystal Polymer (LCP) is a high-performance, super engineering thermoplastic characterized by exceptional thermal stability and inherent fire resistance. Due to its superior mechanical properties, this material is extensively utilized in critical applications, including precision electric and electronic components for mobile devices.

According to Towards Chemicals And Materials Analytics and Consulting, the global engineered polymers market size was valued at USD 145.65 billion in 2025, is estimated to reach USD 155.63 billion in 2026, and is projected to reach USD 282.52 billion by 2035, growing at a CAGR of 6.85% from 2026 to 2035 as demand for bio-based and sustainable plastics is increasing across the globe.

Electrical & Electronics Expansion Accelerates the Engineered Polymers Market

• The increasing demand for Internet of Things (IoT) equipment and smart devices needs highly functional and miniaturized components. Engineering polymers are crucial for connectors, insulators, and housings.
• The industry is rapidly adopting recyclable and bio-based engineering polymers to fulfill environmental goals and regulations.
• Ongoing infrastructure development in emerging nations fuels demand for lightweight and durable materials in construction.
• Rising use of biocompatible plastics in medical devices, like implants and surgical tools, creates lucrative opportunities in the market.