Lucintel’s latest market report analyzed that mica provides attractive opportunities in the electrical and electronics, construction, paint & coating, and personal care industries. The mica market is expected to reach $12.5 billion by 2025 with a CAGR of 2.7%. In this market, ground mica is the largest segment by grade, whereas electrical and electronics is largest by end use industry. The growing use of ultrafine mica and increasing applications for synthetic mica provides strategic growth path in this market.
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Based on grade, the mica market is segmented into ground mica, sheet mica, and built-up mica. The ground mica segment is accounted for the largest share of the market in 2020 and is expected to register the highest CAGR during the forecast period due to growth in construction and paint & coating markets.
Browse in-depth TOC on “Mica Market”
110 – Tables
131 – Figures
215 – Pages
The mica market is marked by the presence of several big and small players. Some of the prominent players offering Mica include Franklin Industrial Mineral, Mica Manufacturing Company, Cogebi N.V, BASF, Asheville-Schoonmaker, Premier Mica Company, Imerys, Hebei Lingshou Mining and Building Material, Daruka Mineral, and Gunpatroy and others.
This unique research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or click on this link [email protected].
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