Mica Market Report: Global Industry Trends, Forecast and Competitive Analysis
The future of the global mica market looks promising with opportunities in the electrical and electronics, construction, paint & coating, and personal care industries. The global mica market is expected to reach an estimated $678.2 million by 2023 with a CAGR of 3.6% from 2018 to 2023. 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.
Emerging trends, which have a direct impact on the dynamics of the mica industry, include growing use of ultrafine mica and increasing applications for synthetic mica.
A total of 131 figures / charts and 110 tables are provided in this 215 -page report to help in your business decisions. Sample figures with some insights are shown below. To learn the scope of, benefits, companies researched and other details of this mica market report download the report brochure.
mica market by end use industry
The study includes the mica market size and forecast for the global mica market through 2023, segmented by end use, grade, product type and region as follows:
Mica Market by End Use Industry [Kilotons and $M shipment analysis from 2012 to 2023]:
Electrical and Electronics Construction Paint and Coating Personal Care Others
Mica Market by Grade [Kilotons and $M shipment analysis from 2012 to 2023]:
Ground Mica Sheet Mica Built-Up Mica
Mica Market by Product Type [Kilotons and $M shipment analysis from 2012 to 2023]:
Mica Market by Region [Kilotons and $M shipment analysis for 2012 – 2023]:
North America United States Canada Mexico Europe Germany France United Kingdom Asia Pacific China India Japan The Rest of the World Brazil
Some of the mica companies profiled in this report include Franklin Industrial Mineral, Mica Manufacturing Company, Cogebi N.V, BASF, Asheville-Schoonmaker, Premier Mica Company, Imerys, Hebei Lingshou Mining and Building Material, Daruka Mineral, and Gunpatroy and others.
Lucintel forecasts that ground mica will remain the largest segment and witness the highest growth over the forecast period due to growth in construction and paint & coating markets.
Within the mica market, the electrical and electronics segment is expected to remain the largest end use industry and witness highest growth over the forecast period due to increasing use of mica as an insulating material in electrical and electronics applications, such as capacitor, wire & cable, electric lighting & control equipment, and semiconductor.
Asia Pacific is expected to remain the largest region by value and volume and it is also expected to witness the highest growth over the forecast period due to the growth in electrical and electronics industry and increasing usage of joint compound, caulks & sealants, and grouts in construction industries.
Some of the features of “Mica Market Report: Trends, Forecast and Competitive Analysis” include:
Market size estimates: Global mica market size estimation in terms of value ($M) and volume (Kilotons) shipment.Trend and forecast analysis: Market trend (2012-2017) and forecast (2018-2023) by application, and end use industry.Segmentation analysis: Global mica market size by various applications such as end use, grade, and product type in terms of value and volume shipment.Regional analysis: Global mica market breakdown by North America, Europe, Asia Pacific, and the Rest of the World.Growth opportunities: Analysis on growth opportunities in different applications and regions of mica in the global mica market.Strategic analysis: This includes M&A, new product development, and competitive landscape of mica in the global mica market. Analysis of competitive intensity of the industry based on Porter’s Five Forces model.
This report answers following 11 key questions:
Q.1 What are some of the most promising, high-growth opportunities for the global mica market by end use (electrical and electronics, construction, paint and coating, personal care, and others), by grade (ground mica, sheet mica, and built-up mica), by product type (natural and synthetic), and by region (North America, Europe, Asia Pacific, and the Rest of the World)?
Q.2 Which segments will grow at a faster pace and why?
Q.3 Which regions will grow at a faster pace and why?
Q.4 What are the key factors affecting market dynamics? What are the drivers and challenges of the mica market?
Q.5 What are the business risks and threats to the mica market?
Q.6 What are the emerging trends in this mica market and reasons behind them?
Q.7 What are some changing demands of customers in the mica market?
Q.8 What are the new developments in the mica market? Which companies are leading these developments?
Q.9 Who are the major players in this mica market? What strategic initiatives are being implemented by key players for business growth?
Q.10 What are some of the competitive products and processes in this mica area and how big of a threat do they pose for loss of market share via product substitution?
Q.11 What M&A activity has occurred in the last 5 years in this mica market?