The Global Liquid Crystal Epoxy Resin Market was valued at USD 872.5 Million in 2024 and is projected to reach USD 1.34 Billion by 2030, growing at a Compound Annual Growth Rate (CAGR) of 7.2% during the forecast period (2024–2030). This robust growth is being fueled by escalating demand from the electronics sector for high-performance printed circuit boards (PCBs), the expansion of 5G infrastructure, and the increasing adoption of lightweight, high-strength composites in the aerospace and automotive industries.

As industries push the boundaries of performance and miniaturization, the demand for materials with exceptional thermal stability, low moisture absorption, and precise dimensional control has intensified. Liquid Crystal Epoxy Resins (LCERs), with their unique self-reinforcing molecular structure, are at the forefront of this materials revolution. In this blog, we profile the Top 10 Companies in the Liquid Crystal Epoxy Resin Industry—a group of chemical innovators and material science leaders shaping the future of high-performance polymers.

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🔟 1. Huntsman Corporation

Headquarters: The Woodlands, Texas, USA
Key Offering: Araldite® LC Epoxy Resin Systems

Huntsman Corporation is a global chemical giant and a pioneer in advanced epoxy resins. Their Araldite® portfolio includes specialized Liquid Crystal Epoxy formulations designed for high-temperature resistance and exceptional mechanical properties, serving demanding applications in electronics, aerospace, and industrial composites.

Innovation Focus:

• Development of low-viscosity LCERs for enhanced processability in composite manufacturing

• Formulations targeting high-glass-transition-temperature (Tg) requirements for next-gen PCBs

• Strategic R&D partnerships with major electronics OEMs

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9️⃣ 2. Adeka Corporation

Headquarters: Tokyo, Japan
Key Offering: Adeka LC Epoxy Resins (Epotight® series)

Adeka is a leading Japanese chemical company renowned for its specialty chemicals, including a comprehensive range of high-performance epoxy resins. Their Epotight® series of Liquid Crystal Epoxies are recognized for superior heat resistance, low thermal expansion, and excellent electrical insulation properties, making them ideal for semiconductor encapsulation and underfill materials.

Innovation Focus:

• Pioneering halogen-free and environmentally friendly LCER formulations

• Focus on miniaturization and high-density packaging in consumer electronics

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8️⃣ 3. Toray Industries, Inc.

Headquarters: Tokyo, Japan
Key Offering: Advanced Composite Materials incorporating LCERs

Toray Industries is a global leader in advanced materials, including carbon fibers and high-performance resins. While not solely an LCER producer, Toray integrates these resins into its sophisticated composite systems for aerospace (e.g., Airbus, Boeing) and high-end sporting goods, leveraging the resins’ high fracture toughness and fatigue resistance.

Innovation Focus:

• Co-development of LCER-based prepregs for lightweight aerospace structures

• Research into recyclable thermoset composites using novel LCER chemistry

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7️⃣ 4. Henkel AG & Co. KGaA

Headquarters: Düsseldorf, Germany
Key Offering: Loctite® EA 9394 and other specialty epoxy adhesives

Henkel’s adhesive technologies division is a key player in formulating epoxies for electronics and industrial assembly. Their expertise extends to systems utilizing liquid crystal polymer technology to create products with very high thermal conductivity and structural integrity, crucial for bonding components in harsh environments.

Innovation Focus:

• Development of one-part, heat-curable LCER adhesives for automated production lines

• Solutions for thermal management in electric vehicle (EV) battery packs and power modules

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6️⃣ 5. DIC Corporation

Headquarters: Tokyo, Japan
Key Offering: Epiclon® HP-series Epoxy Resins

DIC Corporation is a major global supplier of polymer products. Its Epiclon® range includes high-performance epoxy resins that exhibit liquid crystalline behavior, offering excellent heat resistance and mechanical strength. These resins are critical for manufacturing multilayer PCBs and copper-clad laminates used in high-frequency communication devices.

Innovation Focus:

• Expanding production capacity for high-purity epoxy resins for 5G infrastructure

• Enhancing resin properties to meet the low-dielectric-loss requirements of millimeter-wave applications

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Liquid Crystal Epoxy Resin Market – View in Detailed Research Report

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5️⃣ 6. Mitsubishi Chemical Corporation

Headquarters: Tokyo, Japan
Key Offering: Specialty Epoxy Resins and Compounds

Mitsubishi Chemical leverages its vast chemical synthesis capabilities to produce tailored epoxy systems. The company develops LCER-based materials that provide exceptional dimensional stability and resistance to thermal cycling, which is vital for components in automotive sensors and under-the-hood applications.

Innovation Focus:

• Integration of LCERs into functional materials for the Internet of Things (IoT) ecosystem

• Development of sustainable bio-based precursors for epoxy resin production

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4️⃣ 7. Hexion Inc.

Headquarters: Columbus, Ohio, USA
Key Offering: Epoxy Resins for Composites and Coatings

Hexion is a prominent global leader in thermoset resins. The company offers a range of high-performance epoxy products, including formulations that utilize liquid crystal technology to achieve superior performance in wind turbine blades, automotive leaf springs, and other high-stress composite applications where weight savings and durability are paramount.

Innovation Focus:

• Advanced curing agents optimized for LCER systems to reduce cycle times

• Focus on renewable energy applications, particularly large-scale composite structures

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3️⃣ 8. NAMICS Corporation

Headquarters: Niigata, Japan
Key Offering: Semiconductor Encapsulants and Underfill Materials

NAMICS specializes in electronic materials, particularly adhesives, sealing compounds, and encapsulants. The company utilizes liquid crystal epoxy chemistry in its underfill products designed to protect delicate flip-chip and ball-grid-array (BGA) packages from thermal and mechanical stress, ensuring reliability in smartphones and servers.

Innovation Focus:

• Ultra-low viscosity LCER formulations for capillary flow underfill applications

• Materials designed for the extreme thermal demands of high-performance computing (HPC)

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2️⃣ 9. Shin-Etsu Chemical Co., Ltd.

Headquarters: Tokyo, Japan
Key Offering: Silicon-based and Specialty Epoxy Materials

While Shin-Etsu is best known for its silicon products, it also produces high-purity specialty chemicals, including epoxy resin systems. The company’s research into hybrid materials that combine silicones with liquid crystal epoxies aims to create products with unique combinations of flexibility, thermal stability, and adhesion.

Innovation Focus:

• Development of materials for advanced display technologies, including flexible OLEDs

• High-purity formulations for the semiconductor manufacturing process

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1️⃣ 10. Kukdo Chemical Co., Ltd.

Headquarters: Seoul, South Korea
Key Offering: KD Fine Chemical® Epoxy Resins

Kukdo Chemical is a major South Korean producer of epoxy resins and hardeners. The company has developed specialized grades of epoxy resins that exhibit liquid crystalline properties, targeting the high-growth Asian electronics market. Their products are essential for manufacturing high-density interconnect (HDI) PCBs.

Innovation Focus:

• Expanding product portfolio to serve the rapidly growing electric vehicle market in Asia

• Investment in R&D for epoxy resins with improved flame retardancy (UL94 V-0 rating)

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Liquid Crystal Epoxy Resin Market – View in Detailed Research Report

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🌍 Outlook: The Future of Liquid Crystal Epoxy Resins Is High-Performance and Multifunctional

The Liquid Crystal Epoxy Resin market is experiencing a transformative phase. While traditional applications in PCBs dominate current consumption, the industry is rapidly innovating to meet the demands of next-generation technologies, focusing on multifunctionality, sustainability, and enhanced processing.

📈 Key Trends Shaping the Market:

• Electronics Miniaturization: The relentless drive for smaller, more powerful devices necessitates LCERs with lower dielectric constants and finer feature resolution.

• Electric Vehicle Revolution: Demand for lightweight composites for battery enclosures and high-temperature resins for power electronics is creating significant new markets.

• Sustainable Formulations: Development of bio-based LCERs and recycling technologies for thermoset composites is gaining momentum.

• Advanced Additive Manufacturing: LCERs are being formulated for 3D printing to create high-strength, heat-resistant end-use parts.

Get Full Report Here:
Liquid Crystal Epoxy Resin Market – View in Detailed Research Report

The companies listed above are not only supplying critical materials—they are enabling the technological advances that define modern electronics, transportation, and aerospace.