Mica Market Research by Type (Sheet, Build Up), Grade, End User and Industry Forecast 2023

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Portland, OR — (SBWIRE) — 10/03/2017 — The mica group of sheet silicate minerals includes several closely related minerals with nearly perfect crystal structure. It is basically a mineral name for a group of minerals that are physically and chemically similar. It is stable upon exposure to electricity, light, moisture, and extreme temperature. It acts as a filler & extender, provides smooth consistency, improved workability of the compound, and provides resistance to cracking. Furthermore, mica is used in paint industry as a pigment extender to facilitate suspension, prevent shrinkage, reduce chalking, and increase the resistance of the paint film.

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The global mica market is driven by increasing use of mica in various applications such as electronics and paints & coatings. However, it can be replaced with acrylate polymers, cellulose acetate, fiberglass, nylon, phenolic, polyester, and others in electrical, electronics, and insulation. Thus, the aforementioned factors are expected to hamper the market growth.

Type
– Natural
– Synthetic

The global mica market is segmented based on type, grade, end user, and geography. On the basis of type, it is divided into natural and synthetic. On the basis of grade, it is categorized into ground mica, sheet mica, and built-up mica. On the basis of end-user, it is segmented into paints & coatings, electronics, construction, cosmetics, and others. Geographically, it is analyzed across North America, Europe, Asia-Pacific, and LAMEA.

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Grade
– Ground Mica
– Sheet Mica
– Built-Up Mica

Comprehensive competitive analysis and profiles of major market players, such as Asheville-Schoonmaker Mica Company, Daruka Minerals, BASF Catalysts LLC, Cogebi N.V., Cleveland Mica Company, Franklin Industrial Minerals Co., Premier Mica Company, Mica Manufacturing Co. Pvt. Ltd., Santa Fe Gold Corporation, and Gunpatroy Private Limited are provided in the report.

Geography

– North America
o U.S.
o Canada
o Mexico

– Europe
o Russia
o UK
o Denmark
o Italy
o Norway
o Rest of Europe

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