The Global Liquid Crystal Monomer Market was valued at US$ 97.1 Million in 2023 and is projected to reach US$ 198.4 Million by 2030, growing at a Compound Annual Growth Rate (CAGR) of 8.2% during the forecast period (2024–2030). This robust growth is propelled by the soaring demand for high-resolution displays across consumer electronics, automotive applications, and medical devices, alongside continuous advancements in Liquid Crystal Display (LCD) technology and the emergence of next-generation flexible displays.

As the backbone of LCD manufacturing, liquid crystal monomers (LCMs) are critical to the performance of the screens in our smartphones, televisions, and countless other digital interfaces. The market’s evolution is being shaped by chemical innovators who are driving material science forward. In this blog, we profile the Top 10 Companies in the Liquid Crystal Monomer Industry—a dynamic mix of established chemical giants and specialized polymer producers defining the future of display materials.

---

🔟 1. JNC Corporation (Chisso Petrochemical)

Headquarters: Tokyo, Japan
Key Offering: High-performance LCMs for TFT-LCDs

JNC Corporation, through its Chisso Petrochemical arm, is a global leader in the supply of liquid crystal materials. The company has a long-standing reputation for producing high-purity, high-performance monomers that are essential for advanced Thin-Film Transistor (TFT) LCDs used in high-end monitors and televisions.

Innovation & Capacity:

• Pioneer in developing LCMs with high voltage holding ratio (VHR) for improved display stability

• Significant production capacity in Japan and strategic partnerships in Asia

• Continuous R&D focused on materials for next-generation displays, including those for VR/AR applications

Download FREE Sample Report:
Liquid Crystal Monomer Market – View in Detailed Research Report

---

9️⃣ 2. Merck KGaA

Headquarters: Darmstadt, Germany
Key Offering: Licristal® brand LCMs, liquid crystal mixtures

Merck KGaA is a dominant force in the liquid crystals market, offering a comprehensive portfolio under its Licristal® brand. The company provides not only high-purity monomers but also custom-formulated liquid crystal mixtures tailored for specific display applications, serving a global clientele from its production sites in Germany, Korea, and China.

Innovation & Capacity:

• World’s leading supplier of liquid crystals for LCDs

• Massive investment in R&D for advanced materials, including polymer-stabilized systems

• Strategic focus on sustainability and reducing the environmental footprint of display manufacturing

---

8️⃣ 3. DIC Corporation

Headquarters: Tokyo, Japan
Key Offering: A wide range of LCMs and polymerizable monomers

DIC Corporation is a major global chemical company with a strong presence in the display materials sector. It produces a diverse array of liquid crystal monomers that are critical components for various LCD technologies, leveraging its expertise in organic chemistry and polymer science.

Innovation & Capacity:

• Integrated supply chain from raw materials to finished LCMs

• Strong focus on developing monomers for fast-response and low-power consumption displays

• Expansion of production facilities to meet growing demand from panel makers

---

7️⃣ 4. Shijiazhuang Slichem New Material Technology Co., Ltd.

Headquarters: Shijiazhuang, Hebei, China
Key Offering: LCM intermediates and finished monomers

As a key Chinese player, Slichem specializes in the research, development, and production of liquid crystal materials. The company has become an important supplier to the massive LCD panel manufacturing ecosystem within China and internationally, offering cost-effective and reliable monomer solutions.

Innovation & Capacity:

• Rapidly expanding production capacity to serve domestic and international markets

• Focus on backward integration to control the supply of key intermediates

• Strong government support aligning with China’s display industry development goals

Download FREE Sample Report:
Liquid Crystal Monomer Market – View in Detailed Research Report

---

6️⃣ 5. Jiangsu Hecheng Display Technology Co., Ltd.

Headquarters: Nanjing, Jiangsu, China
Key Offering: TFT-LCD monomers and intermediates

Jiangsu Hecheng is a prominent Chinese manufacturer specializing in liquid crystal materials for the display industry. The company has established itself as a critical domestic supplier, supporting China’s position as the world’s largest producer of LCD panels with its consistent quality and scalable production.

Innovation & Capacity:

• Significant investment in R&D for new monomer structures

• Strategic location within a major Chinese industrial hub for displays

• Focus on producing monomers that enable wider viewing angles and better color performance

---

5️⃣ 6. Synthon Chemicals GmbH & Co. KG

Headquarters: Wolfen, Germany
Key Offering: High-purity LCMs for advanced displays

Synthon Chemicals is a respected European manufacturer of liquid crystal monomers and intermediates. With a strong foundation in fine chemicals and pharmaceuticals, the company brings a high standard of purity and quality control to the LCM market, serving specialized display applications.

Innovation & Capacity:

• Expertise in complex chemical synthesis and purification processes

• Focus on niche, high-value monomers for specialized display applications

• Commitment to sustainable manufacturing practices

---

4️⃣ 7. LCC Corporation (Liquid Crystal Chemicals)

Headquarters: Moscow, Russia
Key Offering: LCMs for various LCD applications

LCC Corporation is a key supplier of liquid crystal materials in Eastern Europe and Russia. The company has developed its technological capabilities to produce a range of monomers that cater to both commercial and specialized display needs, contributing to the regional electronics supply chain.

Innovation & Capacity:

• Development of LCMs suited for operation in harsh environmental conditions

• Focus on import substitution within the CIS region

• R&D collaborations with academic institutions for material innovation

---

3️⃣ 8. Tokyo Chemical Industry Co., Ltd. (TCI)

Headquarters: Tokyo, Japan
Key Offering: Research-grade LCMs and custom synthesis

While TCI is renowned as a global supplier of laboratory chemicals, it also offers a wide catalog of liquid crystal monomers, primarily for research and development purposes. Its high-purity materials are essential for universities, R&D centers, and companies developing new display technologies.

Innovation & Capacity:

• Extensive catalog of over 30,000 products, including numerous LCM varieties

• Critical role in supplying the R&D phase of display technology evolution

• Global distribution network ensuring rapid delivery to researchers worldwide

---

2️⃣ 9. Anhui Zhengang Chemical Co., Ltd.

Headquarters: Huainan, Anhui, China
Key Offering: LCM intermediates and fluorinated monomers

Anhui Zhengang Chemical is an emerging Chinese manufacturer focusing on the intermediates required for liquid crystal monomer production. The company is strengthening its position in the supply chain by providing essential building blocks to larger LCM producers, particularly those requiring fluorinated compounds for high-performance materials.

Innovation & Capacity:

• Specialization in the challenging synthesis of fluorinated aromatic compounds

• Cost-competitive manufacturing base in China

• Growing capacity to meet the demand for advanced monomer precursors

---

1️⃣ 10. Shanghai Didu Display Materials Co., Ltd.

Headquarters: Shanghai, China
Key Offering: Customized LCM formulations and monomers

Shanghai Didu is a technology-driven company focused on the development and production of liquid crystal materials. It collaborates closely with display panel manufacturers to create customized monomer solutions that address specific performance requirements, such as faster response times and improved optical characteristics.

Innovation & Capacity:

• Strong application development and technical service capabilities

• Focus on innovation partnerships with leading display makers

• Agile manufacturing setup allowing for flexible and responsive production

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

---

🌍 Outlook: The Future of Liquid Crystal Monomers Is High-Tech and Versatile

The liquid crystal monomer market is experiencing a transformative phase. While traditional TFT-LCDs continue to drive volume demand, the industry is increasingly focused on developing advanced materials for next-generation applications, including flexible displays, high-refresh-rate gaming monitors, and automotive screens.

📈 Key Trends Shaping the Market:

• R&D focus on monomers enabling ultra-high-resolution (8K and beyond) and flexible LCDs

• Growing demand from the automotive sector for larger, more durable, and sunlight-readable displays

• Increasing need for materials with higher thermal and UV stability for outdoor and industrial applications

• Strategic shifts in the global supply chain, with China becoming both a major producer and consumer

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

The companies listed above are not only supplying essential materials for today’s displays—they’re pioneering the advanced polymers that will define the visual interfaces of tomorrow.