Mica Market Report


   September 20, 2019
According to a new market report published by Lucintel, the future of the mica market looks promising with opportunities in the electrical and electronics, construction, paint & coating, and personal care industries. The mica market is expected to reach an estimated $702 million by 2024 with a CAGR of 3.6% from 2019 to 2024. The major drivers of growth for this market are growth in the electrical and electronics industry, growing construction activities, and increasing demand for personal care products.

Browse 110 market data tables and 131 figures spread through 215 pages and in-depth TOC on “Mica Market"

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In this market, different types of mica grades such as ground mica, sheet mica, and built-up mica are used as fillers and performance additives in various applications. Lucintel forecasts that ground mica will remain the largest segment and witness the highest growth over the forecast period due to growth in construction and paint & coating markets.

Within the mica market, the electrical and electronics segment is expected to remain the largest end use industry and witness highest growth over the forecast period due to increasing use of mica as an insulating material in electrical and electronics applications, such as capacitor, wire & cable, electric lighting & control equipment, and semiconductor.

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Asia Pacific is expected to remain the largest region by value and volume and it is also expected to witness the highest growth over the forecast period due to the growth in electrical and electronics industry and increasing usage of joint compound, caulks & sealants, and grouts in construction industries.

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Emerging trends, which have a direct impact on the dynamics of the industry, include growing use of ultrafine mica and increasing applications for synthetic mica. 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 are among the major mica manufacturers.

Lucintel, a leading global strategic consulting and market research firm, has analyzed the mica market by end use, product type, grade, and region and has come up with a comprehensive research report entitled  “Growth Opportunities in the Mica Market 2019-2024: Trends, Forecast, and Opportunity Analysis.” The Lucintel report serves as a catalyst for growth strategy as it provides a comprehensive data and analysis on trends, key drivers, and directions. The study includes a forecast for the mica market by end use, grade, product type and region as follows:

By End Use Industry [Kilotons and $M shipment analysis from 2013 to 2024]:



  • Electrical and Electronics


  • Construction


  • Paint and Coating


  • Personal Care


  • Others


By Grade [Kilotons and $M shipment analysis from 2013 to 2024]:



  • Ground Mica


  • Sheet Mica


  • Built-Up Mica


By Product Type [Kilotons and $M shipment analysis from 2013 to 2024]:



  • Natural


  • Synthetic


By Region [Kilotons and $M shipment analysis for 2013 – 2024]:



  • North America


  • United States


  • Canada


  • Mexico


  • Europe


  • Germany


  • France


  • United Kingdom


  • Asia Pacific


  • China


  • India


  • Japan


  • The Rest of the World


  • Brazil


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This 215-page 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 https://www.lucintel.com/mica-market.aspx or helpdesk@lucintel.com.

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